NEW YORK, April 25.
The Chamber of Commerce has adopted a memorial to Congress, proposing the raising of two hundred and fifty millions of dollars by taxation as follows: From all sales of goods and merchandise and other property at retail and wholesale a tax of one per cent, yielding, memorialists believe the amount of $115,000,000; from the tariff the sum of $50,000,000; from a tax on cotton of two cents per pound $24,000,000; from a tax on tobacco of two cents per pound $30,000,000; from a tax on liquors 25 cents per gal., $25,000,000; from an excise or tax on malt liquors, 5 cents per gal., $8,000,000; from a direct tax on real and personal property, $12,000,000. Total, $264,000,000.
– Published in The Davenport Daily Gazette, Davenport, Iowa, Saturday Morning, April 26, 1862, p. 1
The Chamber of Commerce has adopted a memorial to Congress, proposing the raising of two hundred and fifty millions of dollars by taxation as follows: From all sales of goods and merchandise and other property at retail and wholesale a tax of one per cent, yielding, memorialists believe the amount of $115,000,000; from the tariff the sum of $50,000,000; from a tax on cotton of two cents per pound $24,000,000; from a tax on tobacco of two cents per pound $30,000,000; from a tax on liquors 25 cents per gal., $25,000,000; from an excise or tax on malt liquors, 5 cents per gal., $8,000,000; from a direct tax on real and personal property, $12,000,000. Total, $264,000,000.
– Published in The Davenport Daily Gazette, Davenport, Iowa, Saturday Morning, April 26, 1862, p. 1
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