I don't think any further tax reduction will come for some time.
Topic · on the record
Economy
Every quote the archive has tagged economy.
I do not think that the money we have spent even estimating it at the highest sum, has been wasted in any way.
Permission is hereby given that needful advances of money be made
I can not spell out any principle upon which the bounty of the Government is bestowed through the instrumentality of the flood of private pension bills that reach me.
I discover no reason of any substance why this pension should be increased.
The simple and plain duty which we owe the people is to reduce taxation to the necessary expenses of an economical operation of the Government.
The amount of money annually exacted from the industries and necessities of the people largely exceeds the sum necessary to meet the expenses of the Government.
The necessity of combination to maintain the price of any commodity to the tariff point furnishes proof that someone is willing to accept lower prices for such commodity and that such prices are remunerative.
The public Treasury, which should only exist as a conduit conveying the people's tribute to its legitimate objects of expenditure, becomes a hoarding place for money needlessly withdrawn from trade and the people's use.
No condition ought to exist which would justify the grant of power to a single official, upon his judgment of its necessity, to withhold from or release to the business of the people money held in the Treasury.
The great revival of trade, internal and foreign, will supply during the coming year its own instructions.
The custom-house should be a business office.
The importation of manufactured goods was at the same time reduced in an equal degree.
The external commerce of the United States has for many years been the subject of solicitude because of the outward drain of the precious metals it has caused.
For fully twenty years previous to 1877 the shipment of gold was constant and heavy.
It is believed that general prosperity, which has been so long anxiously looked for, is at last within our reach.
Our public credit has greatly improved, and is perhaps now stronger than ever before.
A currency worth less than it purports to be worth will in the end defraud not only creditors, but all who are engaged in legitimate business.