The Delaware gazette. [volume] (Wilmington [Del.]) 1809-1810, 1809-12-16
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treasury had been antic ,ated and for that reat
son an increase of duties had been respectfully
submitted ia the last annual report. But should
that measure be now adopted, it would NOT, on
account of the tcrns of credit allowed for the
payment of duties, super, EIDE the necessity oil
loan for the service Of the year $40, commcn.
surate with the extent OF those establishments
and with thu appropriations which my be made
for the support by congress. No precise sum IS
suggested, since thus must vary according 10 the
plans which may be adopted in re'ation 10 fo.
reign nations, anil will particularly depend on
the decision Of con.tttss on the qoesti n q war
or peace. It is sntfi it to st tte thar f Inc
tual expenditure Of the yea IS 0 for lnit,fy
and naval purposes should be cs'l.natc 1t the
same sum which .,as s'isbur5c.i by tht treasury |
for hose Obi tcts lu,us the yral cr'iing "n ,hs |
SOn &c;.t"tnlcr, 1905, auL exceeding as .A,o.e |
ststtl six milton. ii .,l.r. trc deficiency ac- |
corilng to the preceding est mates would IA
inoun 10 three mill ons which >uppot,tion |
it would seem rradent, IN or!cr TO pro:n,e a.
gainst any deficiency il the receipts bel ono
what has been estimated, to auttoiise a !u.n o
foui millions Of doirs.
In ,he even OF was the necessity Of letng
it c,iitcnt and Of cal!'ua far taa, pu. Pos. in.o
action all the resources Il thc country, i, too
obvious to require any comment Ga that sub
departmsnt to the suggestions respectfully sub
mtcd to the two preceding annual reports.-
Loans rel nbuf,e by instruments and at fixed
periods after the return of peace, must coasti"
fute the principal resource i@l deih,ymi the e1.
fao GINA eHliea1es Of me war. Tor the sup
port OF puDfic cie ", tnc bass on "Eich ses's
the p,acii9AAihy OF oafalna3 leans on f&A>aaa
bic terms, i A2iitatS y ctiai, thA 'he f2H@nhe
should IN the meanwhitt, r. eqiai = ttie lHtct-
es; on Chs ppbic 'ieFt insn"!, That 81 iar iieW
loans, and 70 al tue earient o1rrfl g Q! goy-
eminent cdena'trt.on pace es:4h.ls.'iisa', Or,
To- tae pfesHnt % "3@al ti5ht mttial5 q q ~
i'es. An n'mI.t"'e ar' eeas',.eft3'ie ea'.:ra'e
al ~ eXis'ng dals4 viii II 3 he!.s.st'. =: r.
Gaistic Tor thAt piiHgsf - cF'tI - cDVt. le
si,i.t alton whoa t1atti''l: 49, t.1st nrt.s,i "
INV pfo''aee IN teNenGe Aaa 81 q .i!:~rs, -
pen&mS pn conn"tce. iaat g 'aass at.3es:s
pftittahe 10 tie Fitseht st!a.ttaa OF IT, !.
States - any ctn"r suacc Of ta.t,ian, aha 4
not ~ time t War. la5.e to the otlEfii"h OF
is q ohia1u5 Smuggling. i Is oA!Y III 'it
event o. tnaf revenue Bong sui NOR. ar 'cied D.
war than IS apnfchcndcs', that resort TO H.
terna taxes either direct 81 indirect may becom;
necessary.
II war shonld not be rcsortel to, 1t does no
appear requisite, unless congress should resolve
on a permanent encrclsc Of the military an! NJ
val establishments III time OF peace, to lay at pre-
sent any additional duties, beyond mele con
tinuanc" OF the two and haii per cent. knowr
under tic name OF 9 Mediterranean fund" l.
has already b,en stated that an increase OF the
import would not supply the deficiency Uh'oS
my take place in The year 1910, and exclu,iye
ly Of the Reimbursement Of The loan which may
be wanted ior the service oil that year, all th'
national cXpanccs calculated OH peace establish
fares If the SIX years 1902 a 1907 will nor ex
ccelirn millions of dollars for the year 1911
and eight millions after that year.
t'ort5e only portion fine existing debt whel
year $40 70 reimburse, Will, exclusively of TIL
deferred stocks, consist only Of the converted {