Rhode-Island Republican. [volume] (Newport, R.I.) 1801-1806, 1802-01-16
M>oRTANg. COMMUNICATIONS.


LIE TTER
F'sn s{fS<rsesG.y " f5s Trsejhy. aess~faryixs
x@syf, ara fs~d.y faamsnn S,spard ~
psya1e0 effts aa fnfpltmssfs,y 10 fbr sa,
sssi<isf = az aa 70 56aSfl6 rbs Treef2.y De-
tassA<ss."
TREAsyRY DrrAsrMENT,
Dec. iSfb, 1904.
lase the honor to cncIolc report, pre-.
'pssed = obsdicncc TO the directions Of the act,
iupples& &epssry to the act in,i;lsd An ACT 20
eiiabiiA The 1'seafury Department."
~ have the honor to be r*tb
Very sefpeetfulIy. Sir, a
Your obedient icr.ant,
ALBERT GALLATlN.
71t 5sps,s6z< sbs Steskes Of a.
sibs H1yssf Rss,stwiAssve,.
REPORT.
IN eb<tkxce 10 ibe lirt7iey sfskr an Ixf5icmfr-
fayts fbe a7 ssnflsd +" M 4a 10 sd15ijfs fbe
Tre1xc Department." tie S<eniay If fS<
qrc9tsy ,yYs<sfaily Jabmis ske .,silstuisg Re-
port ard Efim1sss is
~BE permanent revenues Of the u. States.
4 according to the laws now in force, con-
Git of--6fil. Duties on me,chandifc sndslton-
naee--zd. internal duties on fills and domekic
diilled fpiriu, re6oed fogar, licrnscs 10 retail
ers. fales az auction, and pleafnrsble caniascs--
cd. Proceeds of the ialcs Of public lands 4th.
in the Bank Of The United S,ates-6th. Incl
dental. sri6ng from fees, lines and penalties, rc-
payments in the Tfcafory. and faIcs Of public
properly, other than lands.
Dwy on Msrbssdy< and qo~rsse.
The receipts in the 1fcafury, arhpg from
that iource, have amounted, for the year ,nding
ON the goth Sept. 1901. 10 dolls. 10, 76,7I3 9z.
IL to this fam Be added the drawbscks paid by
coJlettoss, on the expectation OF domrhic diailI-
ed faV:ss and refncd pesr, which arc charge
90 sKe internal revenues. aDd ttxt part of the
sddi,ional duties laid in the year 1890, which
did not operate during the year 10 which shoic
receipts refer the fun which wonld have been
received, at the prefen, rate of duties. cannot
be caimstcd at icfs than 10, 100000 dollars.
The amount Of duties fscured ON the goth Sept.
laa. and falling due in tho courfc Of the year
1901, compared with thar OF preceding years.
jupifes an opinion, that, had the importa,ions
and expectation. continued in the fame proper
,ion, thofc dutics would have brought 10 the
rreaiury during the year 1902, near eleven
millions OF dollars.
How TAR this brsnch Of revenue may he
sfeflcd by the reltoss,ion Of Peace in Europe,
is rather fubjse Of offpecuIative conjecture than
of calculation !: That it will be Liable TO fuddcn
and confidcrabIe fluctuations, cannot be doubt-
ed and for that reaion a greater ucgree OF cof-
rsttnsfs may be obsaned, by forming an eitimase
for . number Of years than for any one year.
The period for which fuch an climate
fnould be made, being arbitrary 70 fa as relates
10 the revenue; thar OF the eight years soa--.
1909 is tcIceied. principally in reference TO the
payments 10 be made on account Of the public-
debt: The whole Of the foreign dcbs being &C.
tuslly due within that term Of years, and the
eight per cent flock becoming redeemable the
laf year Of the period.
The bcst data on which the climate may
be prcdicatcd, fsem TO be the adpal coniump-
tioa Of imported articles, dofing former years.
and the ratio Of iocreafe Of population, - alcer-
saincd by the ccnfos.
With view TO fhe fra objcA, the Raic-
menn A 70 n, have been abfrscsed from the
records in the Trcsiufy. They exhibit thcva-
jue or quantities Of imported articles. ON which
dutics have been actually paid Tor each calendar
year from 1890 TO 800. dedutting from the
grofs amount imported each year, the vslue or
quantities Of articles re.expotted during the
fame year, which were entisled TO drawback.
Thofe itsscments do not, however. ihow
correctly. principally for the Iaf yea", the sttu-
al annual amount OF confumption, becauie. IT..
Expectations 10 comfortable, bot not pfecife-
" afceftaiocd amoons, have taken pIace undcr
fuch circumstances as did not ensisle the srsicles
exported TO drawback and I'd, the amount OF
foreign articles remaining on hand AZ the clofe OF
the year 1900, was much greater IN proportion
othe REFLECTIVE pcpuls,ion, ,shan that on hand At
the commencement of the year ITO. 1hoie
cauics which afca TO an uncomfortable degree
the years 1890 to 1894. and but partially shofe
Immediately facescdins, woul', however. render
any dedutiion drawn from sho5c documents. in
relation to the years I79o and 1909, slscge'her
fslscious.
The preceding nine years msy be divided
into two diAina periods {; the hra. from the
AZ d,v of January 700. 10 the 4 III dsv OF De-