Page:Henry Adams' History of the United States Vol. 1.djvu/251

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240
HISTORY OF THE UNITED STATES.
Ch. 8.

an annual fund to be devoted by law to this primary object, he had to deal only with such revenue as should remain.

The net receipts from customs he calculated at $9,500,000 for the year, and from lands and postage at $450,000; or $9,950,000 in all. Besides this um of less than ten million dollars, internal taxes, and especially the tax on whiskey-stills, produced altogether about $650,000; thus raising the income to $10,600,000, or $3,300,000 in excess of the fund set apart for the debt.

If taxation were to be reduced at all, political reasons required that the unpopular excise should come first in order of reduction; but if the excise were abolished, the other internal taxes were not worth retaining. Led by the wish to relieve government and people from the whole system of internal taxation, Gallatin consented to sacrifice the revenue it produced. After thus parting with internal revenue to the amount of $650,000, and setting aside $7,300,000 for the debt, he could offer to the other heads of departments only $2,650,000 for the entire expenses of government. Gallatin expected the army to be supported on $930,000, while the navy was to be satisfied with $670,000,—a charge of less than thirty-three cents a head on the white population.

Of all standards by which the nature of Jeffersonian principles could be gauged, none was so striking as this. The highest expenditure of the Federalists in 1799, when preparing for war with France and constructing