Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1806-05-05
; Egsess's ,speseb conclstaed.

eendef+us bankrupt 10 iortuhS "s $3.50 90
rn,a,;sn. The annual revenue OF the -
r;,.,i States. on an agerageof the three lass
vears has been 4 i, $50, 900 dollars, OF which
Asa 600 dollars are derived from our I'm,
,,o,,s 4rom the British dominions, ana
sis 600 dollars from our, imports IRON
The rest of the world. Ehis rs certainly a
yeyv serioi,s view of the subject; but we
Relieve that rhf. measure will not produce
war and OF course that ii wall net parailse
orr commerce. Our merchants will still
. De eutsrp.isipgs and will havesnew induce
msnts to enterprise; our Hag Will sllliwa ''
on every sea and in every cslme; from new
sources, and channels OF c&:nmerce we
Snail derive articles similar 70 those now
imported from Brisaiu, or toferasie sues1i-
.u,es; andtheineYeased price OF those ar
ficlss will add something to the revenue,
while Il will be in, some degree diminished
by the general effect. Gentlemen OF great
commercial information, have calculated
thar tthesreveua ne Will not be diminished to
Inc apsouns Of one million; but let US sup
pose that il will be lessenedtwo millions,
or even Q $50 600 dollars. With only nine
millions instead of eleven aud halt, tits
teer,ain that we cannot expend three or four
H,illions for the support of governnleats
and sustain besides the annual aPproprla.
zion of eight millions for the paymeHssof
the national debt. But let us suppose the
worst. aud what follows! We may submit
5 20 the ssurpasioas Of Great Britain on the
ossan, we may throw at her feet every
thing bur nominalindepeaaence and honor,
we may disgrace and degrade ourselves IN
the eyes of the world, aud we shall extin-
.guish our national debt In 1916, Isl! @or
1918. On the other hand, we may assume
"a manly and digpi6ed national spirit, we
may REGAL the principles and the habits OF
-the revolution, We NAV arm our govern
.nens with suficieat energy to vindieste and
maintain eur national righis-Ewe may
.command respect from other nasioas, and
aud we shall exiinguish our ua,ieaal debtia
1921, 1925, or 1926. This may be the al.
,sernatiye in the last resort, but for thepre.
sent we can increase the ratio, and OF
course the quantum of the duties which
constitute the revenue. In hard times We
: must expect to bear hard burdens:
The adoption of this measure, we are
s,sold, will'throw an unequal and unreason-
able weighv upon our southern brethren;
: i. is feared thatit will not only lessen the.
price, but ntserly preclude the market, OF
their staple export commodities. Here we
: ought 20 pause end reflect; ,and,if such an.
: evil win Tow from this source, we ought
60 abandon the projecs. II
Ueon reasetiop we do not believe tina,
such will be the consequence. The two
great articles of SOUTHERN expectation are
~ otson and tobacco. Ihsvalue seg our an
nuaI<sxperts, for the three last years,sto
ire asniafons Of Great Britain III Europe
oouly, has been IS, 100000 dollars, Of which
the value of cotton has been $500 600 dol
lars, and of tobacco $500. 600, both toge.
ther $500, 600. Deducting Fro The gross
amount OF IS, $50, coothe sum of 2, 26o 600
for foreign goods re,expoNsd, we have
~13,43o, 900 for all the articlessof domestic
S produce, and OF course the southern states
furnish nearly Two thirds 10 value of our
domestic exports to the European domiri.
ans eRlu OF Great Britain. But our ex.
ports 10 the British colonies, in all parts Of
she world, consist of the productions of
the northern and middle states; of previ.
sions and live stack. lumber, naval stores,
pot ash. fuEs, and. foreign merchandise,
acquired by the carrying trade. And col.
ton and tobacco are now exported to other
parts as well as Greas Britain the fetal
annual yalae the exports of cotton being
6 e4o,0oo,& of tobacco 6.i4s, 900 dollars,
these two articles {and there arc ne others
of consequence exported from the south
err states except rice which is apparently
of inconsiecrable yalue) amounting in the
~whole~to S,oss, 900, which deducted from
s,s2s, 900, shs whole amour, of experts OF