Report of the Committee On Ways And Means : Mr. Bowie, Chairman.

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If we assujr.e the valne of the assessable property in Mai-yland, to be two hundred njiilions of dcilars, (which ycwv committee believe to be a moderate estimate,) the rate nf tax that will be necessary to raise six husulred thousand dwliar.s will be thirty cents in every hundred dollais, or three tenths of one per cent, and if to this, be added the county tax now paid, }t will form an aggregate much below what is paid by other States, wiiich, nevertheless, enjoy great prosperity.
The dispof-.i
...tion of a people to endure taxation, is dependant greatly on the purposes to which tlie tax when paidis to be appli- ed. In the opinion of your committee, it would be impossible to suggest a purpose of taxation, wijicli W'or.ld more strongly pro- pitiate ])opular opinion in its fav()r,than that which proposes to enable the Treasury to fulfil the !)ublic engagements and main- tain inviolate the public faith.
in regard to the necessity for a resort to taxation, some di- versity of opinion exists among the members of your commit- tee; but the majority believe that the necessities of the Treasu- ry demand it, and it ought, in their opinion, to be provided for and collected, as far as can be done, during tiie present year.


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Report of the Committee On Ways And Means : Mr. Bowie, Chairman.
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