[Albert Gallatin by John Austin Stevens]@TWC D-Link bookAlbert Gallatin CHAPTER V 39/111
He also suggested that the proceeds of the sales should be a fund to pay the public debt, and that the public stock should always be received at its value in payment for land; a plan by which the land would be brought directly to the payment of the debt, as foreigners would gladly exchange the money obligations of the government for land.
On the question of taxation he declared himself in favor of direct taxes, and held that a tax on houses and lands could be levied without difficulty.
He would satisfy the people that it was to pay off the public debt, which he held to be a public curse.
He supported the excise duty on stills under regulations which would avoid the watching of persons and houses and inspection by officers, and proposed that licenses be granted for the time applied for. The military establishment he opposed in every way, attacked the principle on which it was based, and fought every appropriation in detail, from the pay of a major-general to the cost of uniforms for the private soldiers.
He was not afraid of the army, he said, but did not think that it was necessary for the support of the government or dangerous to the liberties of the people; moreover, it cost six hundred thousand dollars a year, which was a sum of consequence in the condition of the finances. The navy found no more favor in his eyes.
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