The British Press; or, Morning Literary Advertiser.
London, England, 1821-01-19 00:00:00

AMERICA.

11 SW YOU, DICCEIIIIIII lOr 1810.
ANNUAL TREASURY REPORT.
Treasury Deputises., December L 1140.
114-1 have the boomer to recluse a Report, prepared ia
ohedirace to the Act, " An Act to establish the Tres.
miry Departmeat."

I have the honour to be, very respretfolly. Sir, your she.
divot Seaweed, WM. H. CRAWFORD.
To ii. Hots. Jobo W. Taylor,
Speaker of t►e House of Representatives.
1. o►edieace to the direct:ass of the Act sapplemeutary
to the Act to establish the Treasury Departtuest," the Seem
tary of the Treasury subststs Ike fultortog Report :

I.—OF THE REVENUE.
The nett reveilles arising from impacts aod toevege, lake.
sal deities direct tax, public lauds, postage, and ether
iscideetal ret clads, daring the year 1817, amounted to
24,365,227 dol. 34 e.
Customs, 17,524,775 dol. 15c.; iaternal &diet, 2,676,892
dial. 77e.; direct lax, 1,633,787 dol. 4c.; pub.ic lands, ex.
cloak,' of Mississippi stock, 2,015,977 dol. ; postage and
other incidental ri cei pis, 313,855 altil. e.
That which 'tensed from the same seems &seism the
year 1418, amounted to 116,095,200 dui. 65 c.--vix. Customs
11,926,451 dol. 48c.; arrears of internal duties 947,946401
33 c.; arrears of direct tax, 263,916d01. 1 e.; public (soda,
..chlia,e or Illimissippi stack, 2,414,517 dol. 90c.; poster.,
dividends ins beak, stuck, end other incidental receipts,
8410,348 dol. 93 c.
And that which accrued from the same sources dariag the
year 1619, ansuwated to 21,435,700 dol. We. via. Cattails,
17,116,701 dol. 96c ; arrears of interest duties, 227,444 dol.
1 e.; arrears of direct tax, 60,650 dol. 61 t. • public lands, en-
closer, of Miseiseisppi stork, 3,274,4224118 f. 76 e.• postage
. and other iscidiewtal reeeipas„. 61,2110 dol. >f c. lest
mesit from the Bank of the United Sakes, amid dividend es
stock in that Bank, 675,000 dollars.
It is secertained that the grins amount of duties an ewer-
eliaisdise and tonnage, which accrued dewing the Sheer Best
quarters of the pretreat year, exceeds 12,140,000 dollars;
and the sake of the pubis. leads daring the two first quar.
lees of the year, exceed 1,140,000 dulls...
Tbs paysereuts lute the Treasury during the three Brat
quarters ddf the year, are estimated to amosuat to 16,319,637
dollars 49 erste, VIZ. ClibiWINS 12,378,513 dollars 11 Beats;
public lands, eitelusive of Miseiseippi stock, 1,124,645
dollars 32 route; arrears of interval duties sad direct tax,
104,769 dollen 20 =NIB; iaciiketal receipts, 579,749 dol.
14 ands; swamies received hum loans, 2,543,431 dol. 47
cents; repeywiesits, 66,541/ dollars 24 crisis • sail the
payments sato she Treaaury daring the fourth quarter
of she year, fru, the same suarees„ are estimated at
3,430,000 dollars—making the total aminsat estimated to
be received into the Treasury, derma the year 1020,
20,249,637 dol. 40 c.; which, added to the billowed iv the
Treasury us. else let day of January last, ankimiting to
2,076,607 dollars 14 c.—makes the aggregate antunnt I.
22,326,1144 dollars 03 e.
Tbe application of this sum, for the year isle, is esti-
mated as follow, via.—
To the 30. b ul September, Ike payments bare sebousted

_.„ .
ordasote, laidian &partnere@ inifisary sad
weirdoes, arreari prior to die Ist jaw. 1817. sod
armlet the 'Janie, and lodise agewifies, 7,443,196 4. 24 e ;
Navy Department, hieledirig the •14111 of 100,000 d. fur
the gradual 'acreage of the rimy, 6,170,394 d. 66e.
Nokias ai aggregate Charge upon the Treasury for the
year 1821, of 21,363,417 d. 60c; to which add the ha.
lame* agaisst the Treasury me the Ist or Jaarary, 1921,
2,438,179 d. ft? c..—aisking 24,001,506 el. 77 r.
Latli(s balaaee of 7,151,4101 d. 7/e belted the esti-
metedlteass for which prevision is be made.
To asteitimise whether • deficiericy to this or to say other
erwoont will wear in aniceediug yeses is extremely difficult.
The data famished by the fiscal operatioas of the Govern.
slot piece the imam must be principally relied ammo, in
wiskieg the calculatierea necessary to arrive at any geramil
moult apes the 'abject.
It hats bees aseertalwed that the nett revesee which has
Seamed from imports and tutrage, from the year 1815 to
11119 inclusive, hie amounted to 110,500,062 dollars 46
cubits. If this be divided by the •umber of years is
which it Seemed, the result will be we 1 average revenue
of 24,052,000 dollars. hot the reverse 'shirk accrued is
1816 greatly exceeded, sot oaly that army year previous to
the war, but that of any year Mote that epoch. It is also ad.
milted, that the missaly of protect on bead at the clew of
she war, especially*, cotton and tobacco, arosiderably exceed.
ed the amorist of the crop of those articles made daring she
pmerdiag year. The ability of the commedrity, therefore, to
porches* am increased ansoissit of foreign articles in the year
1815, exceeded, is • cerrespoodiag degree, that of salsa
orient years. It has slew bee. aricermisied that the imports.
ties of forage articles dariag the peanut year has ham cos-
siderably less has Maly year gime the peace. To AKIO as
estimate of the average aeosial revease which may anent
frees imports and teasage dewiest the *eat fuer years, that
will approximate towards accuracy, it will be necessary to em:
brace in the cakelatioa the revenue whichsserned from the
year 1814 tie 1819 iselasive, amounting to 124,510,414 d. 06e.
and that which shall have accrord is the year 1820, eati•
mated at 14,000,009 dollars, mahisg the aggregate sans of
138,510,4144. 415 c. which gives the sues of 12,767,1102 dol-
lars, as the animal average revineue fur shoes seven years.
Other views derived farm the bad spenders of the Go-
veronseut will be fueled to aocised with this remit The
wearmpagolpdmia of the doges wpm imports mid tentage,
which accrued Item the year 1001 to 1807 inclusive, nay be
elated at 13,640,000 dollars; and that which aecruei urn the
former peeler to 1813 iachisive,ansoonted to the I seat
of 11,810,000 dollars. The 'acreage of poputatl4il In the
Ualted States has bees estimated at 34 per amt. is ten
years. If the increase of consomptioe has correepooried
with that of the populatisms, the reveries of the year 1090,
acconliag to the result famished by the first seven years,
would wowed 20,000,000 dollars; and would fall but little
short of 17,000,000 dollen% according to the defet furnished
by the whole period.
Darin the former period, the priscipal States of Europe
were Marked ire wars, such rot ugly gave to our slapping
the priacipal pert of the carryiag taste, but created as an.
nasal demand for every article of exportatiow.and grimly ea
hawed their valise. Amy estimate fistudied upon the
average meanie of those years, the duties epee imports
ranainiog the same, would most probably not be realised ;
but as them duties were cuesiderably increased in 1818,
the objections to such an estimate are, is some degree,
diminished. From the year 1808 to 1813 Miasma.,
the Vatted States were engaged in • state of comsat.-
cial or actual warfare. The disadvantages to which
their commerce was subjected by that warfare, more than
comiterbalarierd the ;MCI/lief advaulages it eajoyed in the
seven years immediately preeedieg. An estimate foe the
next four years, founded spar an average of the whole term,
would, more probably, fetishist of, than exceed Ills •em
which would be received ipso the Treasury, 'Wird hstrading
the ditties were higher, dean Iwo yesra,of that term than
at yireseat.
la the iavestigation of a *object of such complexity, af-
fecting so deeply the interest of the community, every fact
and cirtharstarice coaaected with it ought to be considered.
Since the year 1907 new interests have maim, which claimed
a prigeliacat place ie this comideration. From time imam-
household na--

isi;wial ....nommen have existed in every part
of the [)sited Stilts. The nweimaical arts; those twareissa
of stamsfaeisre without which society, ewe is a very imper-
fect mate of civilisation, could sot exist, though differing is
same degree from these properly denoraistated inimeheid,
have bug existed is the Veiled Stales. Siam the year 1907
those brasebes of smanfamsre have Imes greatly extruded
asd improved. Others have hems established, and • lute
amount of capital has been hemmed is wmaufecturing es.
tablishmentit, which premise to feraish, is • short time, an
ample sappily of coned and weeller manufactures, sad nisei
of those of ire*, glass, sad various other articles of great

As commerce has beta properly drama to be an exchange
of. rgaivaket valise, it is prubelde that the failure us our
part, to costive from foreign nation. she accustomed supply
of those article' which car sow tw produced is •ssr donsesiic
ea[s►lialsmoau, the articles which they have bees accus-
tomed to receive from es will lose 'emends/ of the valise
whit► they would otherwise have comessadad, rutil sew
channels of iatercoarse obeli be discovered, sad differ,rt
articles of merchandise shall be substituted for those for-
merly received.
The capacity of a satins to camouse Amiga articles de-
pends upon the value of its imports, sod ant um. its ability
to famish every article of primary or secondary acesssity.
The precise. metals are acme imported into say cesialty,
when meameminies which will cuesmand a prone ma be
obtabsed Air imams. las ins. Giviesg fall weight to she facti that
cotter% woollen, iron, aad Various ether articles which am ads
famished by our demesne colahlishaseam, win be hereafter
received from &trigs estrous only to a small ammant,
17,000,000 dollars of mease may be assaraird as the mias-
ma., and 20,0c0.000 dollars as the 411.111i1161111111, which will
►e lly received from imparts cud tessage dunes ihe
mat four years. The decrease w►ich hoe occurred in the
last cad prem. years, foraishose no goosed to distrust she
comectseas of the forregoiag ceselmion. The cesium. pre.
dead I. 1111 b, a sett remora 4430,306,03 S SI crass;
in 1811; 27,404,100 dollars 30 ants; sad is 1017,
17,534,77341011 am IS reels. This last year was 'wondered
at the time as the period of greatest reurtMa. Amasser,
is 111111, t►e sett ►eeeuos from tin customs seasseattd to
21,031,451 dollars 45 cents.
The asatiplicatiors of Wish% nig state of the currency,
sad the high price which all esportalele 'sticks commanded

GeV the awl of IRIS, sterner invited to extravagance of
Ifflß7 Mails aid pettiest., ly its the cumiampina ut fomilt-i
thesellasidise. Tire treasures of individuals bad been, by
Mime sedisttioss, sh a treat degree, 'mite voted during ine.
Ile.t years which inestretlell the peace. The sudden ',doe.
Slat ha the value or all &spoilable articles, whieb °craned
about Ike tommenceaseat of the year 1819, rot otaly pre-
vented its k great 'degree farther purchases, but ren4ered the
discharge of inagigements previously coolaacted insprat.
I Amble.
The pressure this produced upon the rusnaissity re-mied
epos the mailers of every sp CU. a libeffilMoillo., wholb r
funrigo or domestic; who, without Owlet/eta) ai•re-tago ..Z
*estiie of their diairess, have sought for atlas i iii iiii,.......
laird ratter, In aggravate Ghats alteriate the palate • es -
Imprasaiiseut. The Mae sad payment of a larger amitufle . t
peastares, its the remelt year, is prop-rime to elm ea--
lotion of the lael ; Ilse immured sisount of specie mist
miatalted autumn of futeiga nstrchasdiss imported daring
l pram* year ; aid the ready sale of foreigs. and Maim site
te4kietiblin is HA market, *hew that the midis t•tion a
filmiest goods is open the me of being regulated by the de.
morel foe dm for cuostqaptiost.
It haters siStril, that the receipts from thhiosiblie heal
dreier the pear 11121, cannot be ',Amsted at mere Am,
1,000 OW dollars, mhos note realer am/valve to penman.
bilious oadoemsesits to make prompt payments, should he
Mimed bp the measures whir h may be adopted is the tourer
of the presout Session of Cowin,.. The Act of Ike 44th of
Aped last, which •lisollakted credit on all purchases of land,
sad redwood the minimum price from 200 to 146 mule
per sere, furnishes, ft is respectfully conetiaree, rpoitsble
gruuml fur legislative ititinifereace is f of purehamor
under the aseieut system. By that system the price meld
be reduced to 164 nerds per acre by prompt payment.—
If the set abolishati credit bad ixed the 111110111%41111 price at
164 mots instead of 125 mute, au equitable posed for legi-
slative isiterrereacte meld exist. It is not conielided that Hie
weeds, of as stuck maw ordisary circumstances der a an
injury to • madame by subsequestly selling the cams ail,.
clot to (pederast a lower rate ; but if be has iu Air poscsonni
sack • slosatily ./f the article sold as to eaattle him, ribe an to.
detail' lime, to determine the price o( the sande. he &ire( I.
the isterest of every previous purchaser by such seduction,
who may be constrained, from say cause whatimee, 19 *ll
that article. The exteat of the national domain will fur
sere triable the Goverwasent to determine tbe price of on.
hemmed leads similarly situated. It is admitted that the
Governaseat has been isdueed to adopt chi. measure by the
must grave comiderstious. The must pr./niacin or tit..,:
was the necessity of preys-ailing the further turret.. .d a
debt, then &bust 44,000,000 doilies., strondly affecting 111..
interests aid feelings of a areal number of eititesic If its
increase was an ulijott of deep sulacitude, its dimannti tttt lay
as set of grace, founded on equitable priaciplet, will ha l:.
strict accordance with the motile* in which thst imamate
origisaiest. Difficulties may wear iv, adjusting the &grills
of sorb • aseasorre, unless it be presented as • simple ail of
grave. IJuder this point of view, is should be cattalo,' to
its °penile's to the debtors of she G..wrintbrut for public
Weds, and Amid elect theta may to the esteem of the dist
which they easy respeotively owe.
IFirre follow Some oboe' vetions upon ll.e high
price at which the public hoods were bought dining
the excessive circulation of book notes. the f: e
simple of which. if mold now, would Dot be .4;0.1 to
the fist payment received by Government. unit
auggeatious fur the rebel' of purchasers tinder such
etrcuusinitnerms The Report lbes proceeds they :--J
-dnisse se asalagess pessimism should be ailopterl, the
mejamots from the public Mad, &rise die year 1891, wi'l
be greatly increased; the debt aloe on that aeruflut greatly
disnisislied ; sad the revenue maltose flora that wort*
acquire Is future yeas a more uniform character.
If, then, it be assumed that the reveling which will av-
erse from the customs will be equal to she mess sum lir-
twees amentees and toasty filliiloll4 of dollar., the aniaus I
revenue fur the four soccer...line years may be estimated u•
follows, vie. Coastal., 18,540,000 dollars; public land.,
9,500,000 dol. ; bank dividends at 6 lee mat. 420,000 del
isseidentel receipts, 80,000 dullars--makiog au Rigorism of
91,500,000 dol.
But if the I receipts from the customs shall be esti-
mated, for the omit fear years at the &mins& sum nf
17,000,000 dol. the annual revenue for that period will be
equal 64,40,000,000.101.
The 1 expenditure for the same period may be rut'.
mated as follows, viz. Civil, diplomatic, acid mitesllaiieous,
8,000,000 d.; pablie debt, 5,477,000 d.; war department, in-
cluding fortification*, ordnance, India° departmeui, 181,11-
tar, sad revolutimay pensions, arming the mail i.i,
sad arrears prior to the let of January 1617, 5,850,000
dollars; Naval department, iricludiar 1,000,000 dollar. fur
the permanent increase of the Navy, 3,420,000 dui —making
the aggregate amount of 16,747,1100 dol.
The balance of the ending fund, after paying she interest
of the fielded debt sad proviilion for the aaawal reimburse-
meat of the 6 per cent. deferred stock, bits sot is this . sii-
mule been coosaidered as a charge upon the Treasury bettire
the year 1695, as the price of the public storks precludes
the possibility of parehaie witleis the rates prescribed by
law.
The estimate is below thrt whirl is required fur 1841, but
is believed so be less that the I expesditure which will
be required fur the next four years Accordion to Ibis esti-
mate, the mesas will exceed the iudispessable expeuditure,
daring that period, 3,453,000 dul.
After the year 1843, the pommel expenditure upon the
navy will be dimishad by 1,000,000 d. The expenditore of
the Goveranient, after that year, iticludiog the entire appro-
priation for the public ds to, is estimated as follow., v.x.—
Civil, diplomatic, and miseellaseuss, 2,000,000 del.; public
debt, 10,000,000d0l ; militaildepariment, iuclodiag Gatti-
, leatium, ordaining., Indian' dcpartmeui, military and rum-
tattooer, passim., atomise the militia, mid arreacams prior
1 9., the Ist of January, 1817, 5,650,000 dui ; naval depart.
I inept, 2,420,000 dui—making the irrigate amoisot of
10,470,000 dol —which, after the year 1814, Ismail leave
us I deficit 0(470,000 dulling.
If this sam should not be met by the annual increase of
lemowe, reaullirg from the Macrame of populatioa, during
lbw wed socceediag years, sad the increased cussomptisto
of thieriss articles resulting therefrom, it may be aappli,d
hey a itorresprindisig reductim is those items of eapeadsture
wind depend absolutely upllll the will of the Legislature,
smeassoreted with tie existing laws regulating the periaamot
expenditure.
it ie, therefore, respeetfally ssillopittral, that it is it rm. •
dime to resort, at this Simi, to the slain) 'is of ad.i1i5..,..1
tales ulna, the cumasuall). TM eirsalieson of the a.m.,. y
is several of Ibir )iiales of the Dui.s fatorrla a at u X ,16.
d•CCUPebill to abmsio from adcitiusal laxative at MIS Ems-.
The obligation of the Gutferassesit to receive the owns i f
tbe Bask of the Veiled States, without relent/et to the plat-
sloes glory are payable, has giver to them their isaiierial
eiroooty.
All mites issued south sad west of Waabiligoos Lave s s
oassequesiev of the slat of eachsuge two seer Inn plates 'lot
the ananstreial cities to the earl of ibis place, cams. A, J io
lame citie-. The Bank bin emissive. oily &sad daeli cu.,
scatted os thiect tame b.aiithes iv ream so Mime oh, re
note., even opus • deposit of specie. The effect s f these
mums cwouhureel has beeti the exclusion from arealatios, Ili
all the States weal mid mails of the mot of Oborra.
mot, of the sates of the Bank of the Visited butes.
mad gni °aces. Its several of tame Steles there is no mond
Misr circulation. To resort to Maenad taaativa, mode such
eirramatauces, would be to requite of the ciliates of
those Slane what it will he impossible for awes to pi,
fiwas. Wherever paper circulars so usemey, which is but
couvertitals iuto spent. it soculats• to sic, susetimsua of
arca sod of ppar *Web is costabble lots &Ad soil