Excerpt from Taxation and Taxes in the United States Under the Internal Revenue System 1791-1895: An Historical Sketch of the Organization, Development, and Later Modification of Direct and Excise Taxation Under the Constitution The present essay is the development of an investiga tion begun some years ago of an unimportant portion of our Internal Revenue System. At that time the federal revenues were largely in excess of all current demands of the Treasury; and the policy of the party dominant in the councils of the nation seemed to be towards the gradual reduction, if not the permanent relinquishment, of all of the internal or excise taxes. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.