Rhode-Island Republican. [volume] (Newport, R.I.) 1801-1806, 1803-01-01

the dITeCt tax nad Deen retarded, IL
will Till be fome time before the
fylfem is clofed. Ii has not yet been
thought necehary to employ the agent
authorized by an act of the laf fefion,
for tranlaaing bufneis in Europe re-
lative to debts and loans. Nor have
we ufed the power, con6ded by the
fame act, of prolongihg the foreign
debt by reloans, and of redeeming
initead thereof, an equal fun OF the
Domettic Debt. Should however the
difficulties of remittance on 70 large
fcale, render it necehary at any time,
the power ihall be executed, and the
money thus unemployed abroad fhall,
in conformity with that law, be faith
fully applied here in an equivalent ex-
tinetion of Domefic Debt. When
effects 70 falutary refuIt from the plans
you have already fandioned, when
merely by avoiding falfe objects of
cxpence, we are able, without direct
tax, without internal taxes, and with
out borrowing, to make large and
effcetual payments towards the diff
charge of our public debt, and the
emancipation of our poferity from
! that mortal canker, il is an encourage
ment, fellow citizens, of the higheR
order, TO proceed as we have begun in
fubltituting economy for taxation, and
in purifying what is uleful for nation
placed as we are, rather than what is
praetiled by others under different
circumstances. And whenfoever we
are defined to meet events which
ihall call forth all the energies of our
countrymen, we have the firmeit re-
lance on thofe energies, and the COM
fort of leaving for calls like thefe, the
extraordinary relources of loans and
internal taxes. In the mean time, by
!, payments of the principal of our debt,
| we are liberating, annually, portions
of the external taxes, and forming
I. from them growing fund, ftill further
to leflen the necefiity of recurring tc
extraordinary reiources.
The ufual account of receipts ane
expenditures for the lalt year, with ar
= = sai.~ss.- .r .L~ "a. ~ Ir.~o vf tire 4Dufuinp
one, will be laid before you by the Sc.
cretary of the Treafury.
No change being deemed necef
fairy in our military eltablifhment, an
. Ultimate of its expences for the enfu.
; ing year, on its prefent footing, as alie
: of the fums to be employed in forti
fications, and other objects within
. that department, has been prepared
. by the Secretary at War, and vii
) make part of the general eltimate'
> which will be preiented you.
f Conhdering that our regular
troops are employed for local purpofes
s and that the militia is our general re
!. lance for great and fudden emer
4 gencies, you will doubtlelS think thi,
e inltitution worthy of a review, aue
0 give it thofe improvements of which
n you find it fufceptible.
r Eitimates for the naval department
i prepared by the Secretary of the Nav,
n for another year, will in like name
S be communicated with the genera
# eltimates. A fmall force. in tn,
s Mediterranean will ftill be necefar,
k to refrain the Tripoline cruifers: Ant
: the uncertain tenure of peace wit.
n fome other of the Barbary powers
n may eventually require that force tt
Il be augmented. The necefiity of pro
# curing fome fmaller veiIels for tha
# fervice, will raife the Ultimate Blu
: the difference in their maintenance
o will foon make it a meafure of econo
t my. Prefuming it will be deemed
h expedient to expend annually con
c venient FUN towards providing the
y naval defence which our fituatior
e may require, l cannot but recon-
: mend that the frif appropriations fol
: that purpofe, may go to the favine