English spirits which in the experiment of
 
 
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English spirits which in the experiment of
 
  English spirits, which, in the experiment of 1736, it had been found could not carry a tax of five dollars per gallon, it was now found easily bore the more moderate but still large tax of ten shillings sixpence sterling. Aside from this tax was the duty on beer, cider, and malt, the last of which alone yielded an income of thirteen million dollars annually. * * * * * We have lingered on these details, which to many will be dry and uninteresting, because they supply a kind of guide to the changes which must ultimately take place in the tax laws of this country, and because, further, they furnish an answer to all those objections which periodically disturb the minds of the timid and doubtfully patriotic in our midst. But these lessons we must leave the reader to extract for himself. We close simply with saying that, while excessive and undiscriminating taxation is always a curse, yet taxation, properly imposed, although severe and long continued, may be far from disadvantageous.

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