Alexander Hamilton
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In our eReader you can find the full English version of the book. Read Alexander Hamilton Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Alexander Hamilton
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At the final session of the first Con gress our Secretary of the Treasury, with strenuous zeal, carried his next two projects for the Union excise and a national bank. His own lucid and con cise exposition of these schemes left, as in other reports, little for others to add 80 ALEXANDER HAMILTON by way of advocacy, whether in argu ment or detail.
For excise the case was clear, since the aggregate burden of debt assumed at Hamilton s instance had made resort needful to some other source of fe...deral revenue than that of taxing imports. Import revenue, indeed, Congress and the House had taken in hand before even a President was inducted into office ; and our earliest tariff legislation had taxed commerce as high as it would then bear. Internal taxation was the next resource in order a means of revenue which states had found avail able for their own burdens and wished still to monopolise. Hamilton had al ready asked of Congress a comprehensive excise, and this was denied him ; but he now confined his proposal to a duty on native distilled spirits alone, and the wish was granted.
What to read after Alexander Hamilton?
You can find similar books in the "Read Also" column, or choose other free books by James Schouler to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
??
At the final session of the first Con gress our Secretary of the Treasury, with strenuous zeal, carried his next two projects for the Union excise and a national bank. His own lucid and con cise exposition of these schemes left, as in other reports, little for others to add 80 ALEXANDER HAMILTON by way of advocacy, whether in argu ment or detail.
For excise the case was clear, since the aggregate burden of debt assumed at Hamilton s instance had made resort needful to some other source of fe...deral revenue than that of taxing imports. Import revenue, indeed, Congress and the House had taken in hand before even a President was inducted into office ; and our earliest tariff legislation had taxed commerce as high as it would then bear. Internal taxation was the next resource in order a means of revenue which states had found avail able for their own burdens and wished still to monopolise. Hamilton had al ready asked of Congress a comprehensive excise, and this was denied him ; but he now confined his proposal to a duty on native distilled spirits alone, and the wish was granted.
What to read after Alexander Hamilton?
You can find similar books in the "Read Also" column, or choose other free books by James Schouler to read onlineMoreLess
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