Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1815-12-12

'ncnI O. hfance, The ra.,,
stru'rent employed Wis s,,.' ! llte
and'it was found ti,atpubps .' ',s,els
MY be dmably naintainsSS' eeH ca
broad basis Of public revenue Upon
un the opening Of the sess;ou
gress IN November 1911, tha V ~. q @
attention vas devoted e ~ sgslst
lion of the military and nav, p'ssD
ments, upen the enlarged sca, ~ y ven
establishment; SO that tile apnroo.s
'or this purpose, far exceeded ha
time, the estimates and the ,ss ~
the treasury, as they have been
described. vavs aud mean, area
therefore, provided to meet tsa W.
Idinary demands thus created 81 eaiss.
were derived exclusively from \ ny
.rations of foreign commerce All = q
lie credit.
/. The Mediterranean fpna
first continued until fhe 4tb :, y, d
1913. nd,sfterwards until March y
when it became extinctl afforl;s
additional duty Off II per cen, u
loren, on all imported goods pa,; -.
ties ad yaloren. and a discrimiu;s's.ss
ty of 10 per cent. upon that sda;,
duty, in respect to all goods NOD...'
in vessels not Of the U. States 5 '~''a
Q. There were imposed an,,ll;s,,.,
duty of leo per cent. upon b. r.''.a
nent duties, on goods imported i1 I'm y
IT.. States from any foreign place5s%rl'
terminating dnty OF 10 per cent. f MI.
that additional duty, in respect ~, ss'a
goods imported in vessels not of 'ss,Ta
States; and an additional duty of rdS
lar so cts. per ton (the previous duty /
ling at the rate Of 50 cts. per toni NV
all vessels belonging wholly or in ~
to the subjects of foreign pope.s. p,
| the continuance of the actbtiny l;esI
to the expiration OF one year sfters,
conclusion Of the peace, these addifSS.
al duties will cease on the 18th F.Lm,.
Iry, 1850
5. An authority was given 10 raseby
loan, a sum not exceeding ilNOOGCo
dollars, and to create stock for then.
mount, bearing interest not exceeding
the rate Of per cent. per ahnun. and
reilnbursable at any tine after the snDi.
ration of 12years from the lst Of Jsuua-
nv 1915. Thepayment Of the interest,
and the redemption or the purchase d
this stock, are charged upon the sinking
fund.G
A. And an authority was given to il.
sue treasury notes for a sun not exceed
! ing 5.sCC, 600, Of dollars, bearing iDte-
rest at the rate of 5 2-5 per cent psE aN-
num- and reinibursabie at suca lNaees
respectively, as Should be expressed q
the face of the notes, che year after lfe
day on which the same shall have been
Issued. The notes were declared 10 be
receivable in payment of all duties and
taxes laid by the y. States, and silpub-
lie lands sud by their autho.ity; AMI
the payment OF The interest. and the re-
.demp.iol or the purchase OF these notes
we're charged like the funded debt, upon
Che sinking fund.e
The effect of the additional ways and
means provided by congress, firm TIM
to tiale, during the late war may FtadI
ly I've traced. From the treasury report
dated tie 1st Of Dec. 1879. it arear'
that the actual receipts into the treasurll
during the year ending on the Soth sept
1912. including portion of the "in'
and Of the issue OF treasury notes d
mounted to the sum Of l6.-S2slj9 dollar
40 cts. (almost double the amount o. :.
previous estiniate) and that the ac'uU'
disbursements, for the same year.
monnted to the sum of l3,S68y'2o I- !,
dollars (Which was, also, almost celo'
the amount of the previous estimate 10
dependent Of the balance IN the = ' eIa.,
rv. at the commencement AID 'Ie e'U ~
Of the year,f But the estimate '0 = i, 4,
wear 1915, required. on accoaDl " :,
,ni.t,ne expenditures, q sun
81 geo dollars.
for ens d CIV. I,5OQ.oe
For the military department l' o,s O4
For the nava! department 4'' ',
And Tor the intszest and re-
imbursersenfsd the prln- -oo or
pal of the public debt o''Yv.s-
sl,9as,ot
IL A. :. .,,be, q tsf,u revenue W ~"