Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1810-12-20

the year 2ai3,s7e
The loan authorised By the act of ass
session had at first been ncgociascd ia the
latter End Of NAV, for $4,000 dnilars
but the expcnces having proven less .haD
had been supposed, it was sy muaaal coz
sent reduced in October to s,Ts0,0oo.~
With that object in view, in order ,!,ss 60
greater sum shoaid be ultimately 5orrowes
than might DC necessary, and also in ordeq
to avoid as long as practicable ar acyeass
Of stock in ,hs market, and ;hat Of inoee
permanent species Of debt, Temporary
loan from the bank of ,ils United Saaiee
was preferred to any Other asodee q is ses
in,bursable On the last day % ueezrnhsz
1911, with reservation ,has ahe bsn?s mar
~ case OF non-rene val Of ts chssrlcq. d.,
maud an earlier paymrns On giving ahres
months notice. This eond:;ioa MAJ, Il eas
force d, save some Interest &C us pubIi-.
and can produce no Inconvenience, IS ,hcss
viii be no greater difficulty Ia efcc.;ngs
new loan, it necessary, il the a;Gd!e shan
in the latter end Of the year. The docu.
m.nss L. G. Il. I. shew soc1k s!s.e ob;sea
and the terms Of the Ioa:.,
From what has beea stsera. IL appsars
that 40 other provisions arc ,rces5s,y for
the year 1911, than co..tin1aac- d sh.
additional 9 2 per cent dug ,-ofaneaiy
called The Niedi,erranear fun<5, ana sss Az,
,hority to borrow & sum- psonabgy u,uc's
less, and Certainly NOT create. saaa s5.s g.:
mount Of The principal Of the rubi;e ;8eass
which will be reimbursed during aag years
But as IN conformity with the acc Of srat os
May, 1910, the importation Of aegicleo the
growth, produce Or .nanuiactue~ Of tt55se 90.
minions, colnsics, and dependeacsea OK Sc
Britain will be prohibte6 aiter .!,g 20 day
Of February next, if that nag;ou eisau no.,
before that time, so revoke o. nossi;y !se2
edicts, as that they shalt cease g v;elsta
the neutral commerce CT the Unissd States,
some provisions appear aecessary Cox ting
purposs OF supplying the de6ciensy il ha
revenue arising from that cause, aaG .:
giving to tina, measure all the efficacy o:
which it is susceptible.
The probable detalcation In che eevehue
cannot, for obvious reasons, be as this sieas
estimated with any degrees OF prscisionos-a
The experience OF the ensuing gear can &
lone afford sufficient data for aef.napyn3
and detailed plan adapted 70 shae STATE cs
things, and calculated to ensure Derseve.
rance in the system as long as may be shc'5
proper. But in the meanwhile, ie appraE
essential to lay the foundation. os ssch pisE
and to guard in time again., ANY sr9as des'
cit in the receipts Of the year 1919. liz
believed that under existing circumstance
it would b. suiicien. 20 render those g
ee:2ts equal 70 the current expenditure,
Guiding therein the Interest," or sae =
debt, and estimated at aboat cishaEaSic,.,
of dollars And with view to s!laoojrca.
a considerable and Immediate ensease OF
the presens duties or ;r,por,asios Is cs~
spectfully suggested.
: 1t is not less important tnas the Z, sn 'sslo
be free of legal difficulties s. css vii 5oSaa'
ed objections, and that il snov4 be e.
forced by every practicable eifsns. 1S
that subject the following eoseraasaa Att
submitted -
2" /. The law Of May !. zsp, nsf aeA'
Their expressly defined the sdiess .: :. :e*o1
cation of which is expecse'5, az raaov s''@
tihcation by the president ;fsssy'@rnss a'e
the sole evidence Of The las. 5tsoiiowss
that ia case Of au unsatisfactory :nodIhcs'
ton OF her edicts by Great Istsai9, she de-
cisioa of the question its.i. whether ths
non importation be actualiI ir force or nos,
will be left to our courts, xhrncs delays aOa
embarrassmeats will ariss which wild COR