TAXATION OF TREASURY NOTES.
Mr. BROWN, of Wells, by leave, offered the following:
WHEREAS, We believe that a truly republican government is only rightly administered when its burthens are imposed equally and without distinction as to citizens, power and official position; and
WHEREAS, We believe the fos ering of privileged elates, whether such classes be based upon wealth, official position, or any like distinction whatsoever, is inimical to the spirit and genius of our Government; and
WHEREAS, We do especially deem the creation of a moneyed aristocracy as a sure stride toward a centralized and despotic form of government; and
WHEREAS, We believe the legislation of Congress in exempting the bonds, coupons, national currency, United States notes, checks for money of authorized officers of the United States certificates of deposit, stamps and other representations of value of whatever denomination, which have been or may be issued under any act of Congress, tends to create and impose upon our country the evils above deprecated; therefore
Resolved by the Senate, the House concurring, That we hereby infract our Senators and request our Representatives in Congress to labor for the immediate repeal of all laws or parts of laws granting the exemption aforesaid.
Resolved, That a copy of the above preamble and resolution, over the signatures of the President of the Senate, the Speaker of the House, the Principal Secretary of the Senate, and the Principal Clerk of the House, be communicated to our said Senators and Representatives.
It was referred to the special committee on the subject of taxing bonds.
