As a general thing, they who in the late war fought for the
salvation of our country, were poor. Included in this salvation were the
estates of our rich men. It would be an expression of justice and gratitude
toward the poor, and at the same time not at all oppressive to the rich, were
our large estates made to pay, for a few years to come, a greater proportion
than they now pay of the annual payment on our war debt. Moreover both the
benevolence and patriotism of our rich men should make it a pleasure to them to
pay ten per cent on incomes exceeding ten thousand dollars, and twenty per cent
on incomes exceeding twenty thousand dollars.
SOURCES: Octavius Brooks Frothingham, Gerrit Smith:
A Biography, p. 271-2
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