Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1813-05-27

800 'N."'' "su% 10 &C it ~ D ~ re ~ ufl-
reasonably spun ont. n shecrsor - osr
deceased Minister h2sbsch appointed. and
'steadyto proceed - bise,is,ion the course
"hich he will purrbe Wtdhilia. IL Il ibA,
pre'cribcd ~ sismy regard to the true
entercsts Of The Unifd S:a,es. which equal
" avoids an abanayn pebt ~ their Jose de-
WIN the systeps Of othcr powsrs.
The receipts INTO tic 4 rcasury from the
ist ri October tothe Jfst day. of March lat,
ncluding the sums received on account Of
| Treasury Notes, and Df the loans authorized
by the acts ~ the last and the preceding
seasons Of Ctngress. have amounted 10 fE
teen millions four hundred aud twelve thou
SAND dollars The expenditures during the
same perlod amounted 70, fifteen millions,
nine hundred aud twenty Thousand dollars,
ana lett IA the Treasury on The lst Of April,
] me ssm"t one million eigfIt. hundred and
hity seven thousand dollars. Vine loan OF
'ixteen'millionS Of dollars authorized by the
act Of the S'h Of February IsS., has been
cohtrscted for. OF that sum, more,than a
| miiion OF dollars had been pad into the
treasury, prior TO The lst Of April, and
formed part Of the receipts as above aa.
TED. Inc remainder OF that loan, amount
ing TO near fifteen millions Of dollars, wirh
the sum vi i've millions o. dollars authoris~
ed to he Issued IN Tressury Notes. and the
estimated receipts from the customs ana
tue sales OF pubic lands amounting 70 nnx
millions three hundred thousand doiiars, and
making in thc' whole tw.nty Diue million.
three hundred thousand dollar 10 be receiv-
ed during the last nine mouths OF The pre-
seat year, VIII De nece.saryto mestthe ex-
pendtures alreadYauihorise and the en-
gsgemenls contrsctedan relationf 10 the
pubic debt. These .eiigagsnents amount
during that pericdSto ten niilions f re hun
ored Thousand dollars, Which with near one
million Tor theiciYil, misc =iieDeous and di
piomatc expeneeS. Doth torei IN and domes-
TIC, and seventeen millions eight hundred
thousand for the military and naval expen .
oItufes including the ships of war building
| and 70 be built, Will leave /. sum in the Trea
'ury at the end of the present year, equal
to that on the first oil April lax;. A part Of
TINS sum may be considered az resource
Tor oefraying any extraordinary sxpeuces
already authorised by law, beyond the
sums above estirsa ted and further re-
source Tor any emergency may be found in
the sum OF one million of dollars, the loan
OF which to the United States has been au
'Ioilsed by the state OF Pennsylvania but
winch mas not yet beer brought into effect.
I IL =
that due provision has been made for tue
eAPences ct the Current year, shews at the
| same time, by the limited amount of the &C.
tdai revenue, and the dependence on loan.
the necessity OF providing more adequate
| " to' the future supple, of the trsaIury;-.
lh's can beat be ne bya well digested sys-
tenn OF internal revenue, in aid of existin.
sources; which will have the effect, both
OF sbridgrns the amount ofneces.ary loans
and ON that account. as well as by placing
the public credit on more satisfactory
basis, OF Improving the terms on which
loans may be Oh aimed. The loan of sixteen
millions uasnot contracted for at q less in
terest than about seven anda half per cent
and although other Causes may. have h d
an agency, II Cannot be doubled that with
the advantage of more extended and less
Precarious revenue, lower rate of inter.
est might have sufhc A longer postpone
ment OF this advantage could not fail to have
still greater influence on future loans.
In Recommending TO the National Legis
| laturo this resort TO additional taxeA
feel great satisfaction in the assurance, that
our constituents, who have already dis
played 50 much zeal and firmness In the
cause of their country, will cheerfully give
every other proof OF their patriotism which
It calls tor, Happily no people, with local
and trsnsitory exceptions never to be Who'll
~ avoided, aremOre able thau the people
OF the United States, ofspare for the pub.
nc wants portion oftfeir private means,
whether regard DC had to the ordinary pro
MS OF industry or the ordinary price OF
subsistence 10 our country, compared with
those in any other And in no case could
stronger reasons be felt for yielding the re-
quisite contributiors. BY rendering the pub
| lie resources certain. and commensurate 70
the public exigencies, the constituted autho-
rites viii be able to prosecute the war more
rapidly to its proper issue every hostile
hope founded on calculated failure of our
resources, will be cot of !; and by adding
to the evidence ofbravery and skill, in com
bats on the ocean and on the land, an ala
Gritty in supplying the treasure necessary tn
give them their fullest effect and, thus
demonstrating the world theapublic en-
ergy which our political inssisutions combine
with the personal liberty distinguishing thsin
the beat security via be provided against
future enterprises on tho rights, or the peace
OF the nation.
| The contest in which the United States
are engaged, appeals for It's support. to G.
very motive that can animate an uncurrupt-
ed and enlightened people (; to the love of
country to tho pride OF liberty to an emu.
iation OF the glorious Founders of their in
dependence, by successful yiudication OF
its violated attributes to the gratitude *
sympathy which demand security from the
most degrading wrongs, Of a class Of citi-
zens, who have proved Themselves so wor
Thy the protection of their country, by their