The enquirer. [volume] (Richmond, Va.) 1804-1815, 1806-12-18
s7,4st.sss II

Amounting altogether TO rear fifty feyen millions
and five hundred ,houland dollars.
The Louiana ffock cannot be reimbured before
The period fixed by the contract the gradual opera
tion of the annual Reimbursement will ex;inguih the
old fix per cent in the year lsls and the deferred
flock in S24 after which year, the only remaining
incumbrance will be the uereh the three per
ftock which in its preient i,ape, may be conhdered
irredeemable, Purcllaiss cannot be relied upon,
the application Of even an uncomfortable fun weud
Taile the Rocks above the prices limited by law. /,
follows that all the peoes of debt, which the
tire annual appropriation Of 100000 Of dollars could
operate, viii have been Reimbursed prior to the year
1850; thar the remaining debt csnRot, without
fome notifications sdented to by the public credi-
tors be rapidly completely discharged, than
], here ated and that the annual payments that
account, WILL after the year tSOs, aud prior to the
year 1918, be reduced to the inereft and anHsal
Iniburiement, amounting 10 near 100000, as will
more fully appear by the annexed table, marked (G)
w. The revenue derived from cnltoms during
the year 300, which year Of European peace,
was much lels In proportion than tina, Of any of the
Immediately preceding or following years. and yet
exceeded ten millions OF dollars AS it has been az
eefained tina, the population of the United States
increafes the rate of thirty.hve per cent in ten
years the revenue derived from caGons for the
year 1872 may be e1nated at thirteen millions five
hundred thouland dollars to which, adding only five
hundred thouand dollars for the annual proceeds OF
the islcs Of public lands will give fourteen millions of
dollars, for the total revenue Of that year, or for the
average reveHue Of the years ISO0-lsl5. And
this mul be eoDi1sred as a very moderate conputa-
ton, iince it does not include the revenue derived
from New ORLEANS is predcsted on the lippoftion,
that the wealth of the United States iucreaes in no
greater ratio tan their population; and does e1
eeedthe FUN, which exelufvelJ Of the Mediterranean
ipnd, was received lal year into the treafurY.
The ANIMAL payments on account Of the public
debt, will, during the fame period amount, as has
been already attd, to 600 600 dollars. All the o.
ther oxpenots of the United States whether demeRic
foreign, Of civil nature for the fupport of the
exiting military aud naval snabIhnents, do not at
Prcfent exceed 100000 dollars The total annual
expenditure, allowing four hundred thoufand dollars
year Us contingencies, may therefore be ennated af-
tes he year 1908. eight millions and half which
3edu3ed from revenue Of fourteen millions, will
iciv- nett annual iurplus Of Eve millions aud half
81 j"iars
lie quenion row recurs, whether a portion Of
tl4t lurliu5 wou'd not be noG advaotageouGy en,-
r!1ycd ~ b71etioE TIC reduction Of lhe debt Whe-
tter io01e mode may ngt be dovisd 10 provide,
i'hm (bor Period, fo5 SIS final and complete ren-
hurienieni, aud thereby rcloe.r the public revenue
f.o, ever, iucHp'.rsute This csu only be eGs6,ed
h. rodib.sn" 81 ;Is deb, sDedei to by tlc public
sf-iiogs; ard co0vetf,oa a cie old iz Der ceut.
deferred, snd three yet ceat Cocks terms Rutu.
ais beoe6ed. iito cornG,on sE per cent fiock re-
.e-srgl's oitj1is 'n,tss siz.e. las appeared che