Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1808-12-21

this, HOWtyrTiauOilC, euu ny WHAT #<t
name cslled, will be war.
OF those four alternatives, the secoal,
third differ neither in principle, nor in t
effect on the revenac. AS both plans n e.
siist il permitting partial exportations !,
,in1po rtations, it must be acknowledged
Objectionable as taas course may be liz Gil, 81
respects, if considered merely in relatioa 81
the fiscal concerns Of the Union, it will NJ
the moment be attended with less d:.&a:cu!k2
than either the present system or war. I'd
however narrow the limits to which, on thW
plan, the expectations and importations JA
the us. may be reduced, yet there Viii
still be some commerce, and some reyea
arising from commerce. And as, in Pub
suing that humble path, means OF deierpk
will become unnecessary, as there viii u
no occasion for either an army or a navy Il
is believed that there would be nc difGcuAN
in reducing the public expenditure to a raj
corresponding with the fragments Of imrs &
which might SILL be collected. If hi
course be adopted, no other provision seen
necessary, than an immediate reduction
expences.
The system now in force, and war, horE
ever dissimilar in some respects, are M!E'
considered as resistance. Nor is il bellrSE
that their effect on national wealth and ,dl
lie revenue would be materially dlffera 9
In either case portion, and a portion
of the national industry and capital, haE
tolore employed in the production, traa
portation, and exchange of agricultuns
products, or in the foreig.l carving trad,
can immediately be diverted to other&
;ects. In case Of 4 continuance OF then
barge aail non-expertation, either aE
quantity of commodities must be producaE
or portion vii! accumulate until the fra !
dom ofcommerce shall be restored. In cas-
OF war, tl1at surplus viii be exported: a.
although a part must be lost by capture +
portion of the returns will be received. Il
the embargo and suspension OF coannleFt:
shah be continued, the revenue arising ft9aI
commerce will, in short time, cntlrct|
disappear. In case of wal. some part d
that revenue will remain but 1t viii be az
sorbcd by theincrease ofpubhc expenditur
In either case, new resources, to an amount
vet unascertained, must be resorted to. but
the assertion that, that amount viii be neat'
" the same in either Of the two alternatives
of embargo or war, IS correct ONT Oh tie
supposition, that the eIiabargo and non-e1
poTtation are, after eestain time, to be ST.
oerseded by war, unless foreign aggression
Shall cease and that rendering, therefor
preparations for war necessary, taey reqaH'
a rate OF expenditure far beyond that Of
peace establishment.
II, however, the embargo and non-l1ter
coarse are to hsve equal continuance wlts
he beiiiserent edicts, indefinite as that 81
# it be determined to rely exclusives OF
that measure, and at all events .lot 70 FISK
war ON account OF those aggressions, pre-
parations for war will become useless, AK
the extraordinary expences need not lie IN
CURED. In that case, the expenditure 70
the wear 1909 ought not to exceed the sH'
of thirteen millions of do.lars which, as E'
been stated, ;s,,reqnisite for the support G
zoe present establishment. And fhlS Todis
leave for the service OF the year 1900, th'
above mentioned surplus Of three millions
and the proposed loan OF millions, wliIn
together, would be sufficient 10 deEr;'y u''
reace establishment, and TO pay the l1fefe'
of the public debt during that year. ! au
two years more would be providei io'
without increasing the pubic deot, or lajy'H'
any new taxes. It IS ceya@in!y only win
view to war, either Immediate or coi'teal
plated, that it viii become necessary 70 re
sort, at least TO any considerable extent,
extraordinary sources Of supply. :,
Legitimate resources can bc derived ON
from loans or taxes and ttle reasons wnic'
induce beiief, thatlo should be PRIME,