The annual sum wanted is two millions, and the average rate in which it falls is thirteen shillings and four pence per head.

Suppose then that we raise half the sum and sixty thousand pounds over. The average rate thereof will be seven shillings per head.

In this case we shall have half the supply that we want and an annual fund of sixty thousand pounds whereon to borrow the other million; because sixty thousand pounds is the interest of a million at six per cent. and if at the end of another year we should be obliged, by the continuance of the war, to borrow another million, the taxes will be increased to seven shillings and six pence; and thus for every million borrowed, an additional tax, equal to six pence per head, must be levied.

The sum then to be raised next year will be one million and sixty thousand pounds: one half of which I would propose should be raised by duties on imported goods and prize goods, and the other half by a tax on landed property and houses, or such other means as each state may devise.

But as the duties on imports and prize goods must be the same in all the states, therefore the rate per cent. or what other form the duty shall be laid, must be ascertained and regulated by congress, and ingrafted in that form into the law of each state; and the monies arising therefrom carried into the treasury of each state. The duties to be paid in gold or silver.

There are many reasons why a duty on imports is the most convenient duty or tax that can be collected; one of which is, because the whole is payable in a few places in a country, and it likewise operates with the greatest ease and equality, because as every one pays in proportion to what he consumes, so people in general consume in proportion to what they can afford, and therefore the tax is regulated by the abilities which every man supposes himself to have, or in other words, every man becomes his own assessor, and pays by a little at a time when it suits him to buy. Besides, it is a tax which people may pay or let alone by not consuming the articles; and though the alternative may have no influence on their conduct, the power of choosing is an agreeable thing to the mind. For my own part, it would be a satisfaction to me, was there a duty on all sorts of liquors during the war, as in my idea of things it would be an addition to the pleasures of society, to know, that when the

health of the army goes round, a few drops from every glass become theirs. How often have I heard an emphatical wish, almost accompanied with a tear, "Oh, that our poor fellows in the field had some of this!" Why then need we suffer under a fruitless sympathy, when there is a way to enjoy both the wish and the entertainment at once?

But the great national policy of putting a duty upon imports is, that it either keeps the foreign trade in our own hands, or draws something for the defence of the country from every foreigner who participates it with us.

Thus much for the first half of the taxes, and as each state will best devise means to raise the other half, I shall confine my remarks to the resources of this state.

The quota, then, of this state, of one million and sixty thousand pounds, will be one hundred and thirty-three thousand two hundred and fifty pounds, the half of which is sixty-six thousand six hundred and twenty-five pounds; and supposing one fourth part of Pennsylvania inhabited, then a tax of one bushel of wheat on every twenty acres of land, one with another, would produce the sum, and all the present taxes to cease. Whereas, the tithes of the bishops and clergy in England, exclusive of the taxes, are upwards of half a bushel of wheat on every single acre of land, good and bad, throughout the nation.

In the former part of this paper I mentioned the militia fines, but reserved speaking to the matter, which I shall now do. The ground I shall put it upon is, that two millions sterling a year will support a sufficient army, and all the expenses of war and government, without having recourse to the inconvenient method of continually calling men from their employments, which of all others is the most expensive and the least substantial. I consider the revenues created by taxes as the first and principal thing, and fines only as secondary and accidental things. It was not the intention of the militia law to apply the fines to any thing else but the support of the militia, neither do they produce any revenue to the state, yet these fines amount to more than all the taxes: for taking the muster-roll to be sixty thousand men, the fine on forty thousand who may not attend, will be sixty thousand pounds sterling, and those who muster, will give up a portion of time equal to half that sum, and if the eight classes should be called within the year, and one third turn out, the fine on the remaining forty thousand would amount to seventy-two mil

The annual sum wanted is two millions, and t rate in which it falls is thirteen shillings and four head.

Suppose then that we raise half the sum and sand pounds over. The average rate thereof wi shillings per head.

In this case we shall have half the supply tha and an annual fund of sixty thousand pounds w borrow the other million; because sixty thousan is the interest of a million at six per cent. and if‹ of another year we should be obliged, by the co of the war, to borrow another million, the taxes creased to seven shillings and six pence; and thus million borrowed, an additional tax, equal to six] head, must be levied.

The sum then to be raised next year will be or and sixty thousand pounds: one half of which propose should be raised by duties on imported g prize goods, and the other half by a tax on landed and houses, or such other means as each state ma

But as the duties on imports and prize goods mu same in all the states, therefore the rate per cent. other form the duty shall be laid, must be ascerta regulated by congress, and ingrafted in that form law of each state; and the monies arising therefrom into the treasury of each state. The duties to be gold or silver.

There are many reasons why a duty on import most convenient duty or tax that can be collected; which is, because the whole is payable in a few plac country, and it likewise operates with the greatest es equality, because as every one pays in proportion! he consumes, so people in general consume in pro to what they can afford, and therefore the tax is reg by the abilities which every man supposes himself to or in other words, every man becomes his own assesso pays by a little at a time when it suits him to buy. Be it is a tax which people may pay or let alone by no suming the articles; and though the alternative may no influence on their conduct, the power of choosing agreeable thing to the mind. For my own part, it wo a satisfaction to me, was there a duty on all sorts of during the war, as in my idea of things it would addition to the pleasures of societ

lions of dollars, besides the fifteen shillings on every hundred pounds of property, and the charge of seven and a half per cent. for collecting, in certain instances, which, on the whole, would be upwards of two hundred and fifty thousand pounds sterling.

Now if those very fines disable the country from raising a sufficient revenue without producing an equivalent advantage, would it not be for the ease and interest of all parties to increase the revenue, in the manner I have pro posed, or any better, if a better can be devised, and cease the operation of the fines? I would still keep the militia as an organized body of men, and should there be a real necessity to call them forth, pay them out of the proper revenues of the state, and increase the taxes a third or fourth per cent. on those who do not attend. My limits will not allow me to go further into this matter, which I shall therefore close with this remark; that fines are, of all modes of revenue, the most unsuited to the mind of a free country. When a man pays a tax, he knows that the public necessity requires it, and therefore feels a pride in discharging his duty; but a fine seems an atonement for neglect of duty, and of consequence is paid with discredit, and frequently levied with severity.

I have now only one subject more to speak of, with which I shall conclude, which is, the resolve of congress of the 18th of March last, for taking up and funding the present currency at forty for one, and issuing new money in its stead.

Every one knows that I am not the flatterer of congress, but in this instance they are right; and if that measure is supported, the currency will acquire a value, which without it, it will not. But this is not all it will give relief to the finances until such time as they can be properly arranged, and save the country from being immediately double-taxed under the present mode. In short, support that measure, and it will support you.

I have now waded through a tedious course of difficult business, and over an untrodden path. The subject, on every point in which it could be viewed, was entangled with perplexities, and enveloped in obscurity, yet such are the resources of America, that she wants nothing but sys

tem to secure success.

Philadelphia, Oct. 6, 1780.

COMMON SENSE.