This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1880 Excerpt: ...since the war, with tables and results, after which he mildly solaces himself and warns others, thus: Mr. Chairman, it is a grateful task to remove burdens from the industries and the earnings of the American people. No more grateful work can an American congress be called upon to perform. But while we are relieving ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1880 Excerpt: ...since the war, with tables and results, after which he mildly solaces himself and warns others, thus: Mr. Chairman, it is a grateful task to remove burdens from the industries and the earnings of the American people. No more grateful work can an American congress be called upon to perform. But while we are relieving the people from the burdens of taxation, it should always be borne in mind that we are in danger of so crippling the revenues as to embarrass the government and endanger the public credit. It is a great thing to remove all burdensome taxes: but there is danger that while congress may imitate Tennyson's Godiva, who--Took away the tax, And built herself an everlasting name, --yet in so doing, it may cause the public credit to go forth from a despoiled treasury, and, like the Lady Godiva, ride naked in the streets of the world. We have had abounding faith in the elasticity of our revenues. We have found that even reduction of rates frequently brings us increased revenues; that the bouyant and almost immortal life of our industries will make the tree of our revenues bloom again, how oftensoever we may pluck its flowers and its fruits. We think of it as the fabled tree which Virgil's hero found in the grove of Avernus. Whenever the bough of gold was plucked away, another sprang out in its place: Primo avulso non deficit alter Aureus; et simili frondescit virga metallo. But, sir, we may pluck the golden bough once too often. We may pluck away with it the living forces of the tree itself. Thus refreshed, he continues the broad discussion of surplus and deficit, with apt reference to our own experience. Then he takes up our recent expenditure, which called up Mr. Dawes, his predecessor. The whole is illustrated by carefully prepared tables and figures. T...
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Add this copy of The Life, Character and Public Services of Jas. a. to cart. $67.74, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2016 by Palala Press.