On the record
In proposing this large reduction of taxation at this time, with the hope of larger reductions in the near future, it was necessary to keep in view the possibility of increased expenditure or of decreased receipts.
Source
gutenberg.orgEditor's note · Context
He emphasizes the importance of considering future financial conditions when proposing tax reductions.
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More from Charles Sumner
Nay, more,--if it would be criminal in these several clusters of States to reëstablish the Institution of War as Arbiter of Justice, then is it criminal in the Commonwealth of Nations to continue it.
But so long as War exists as an Institution this terrible inconsistency must appear.
Without yielding to any of these extreme views with regard to the mischiefs or the benefits of party, all should agree that the only true and legitimate object of such an association is to uphold, advance, and develop certain principles…
At Baltimore the delegation of the most important State in the Union, known to be in favor of the Wilmot Proviso, was refused admission to the Convention.
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