Alexandria gazette & daily advertiser. [volume] (Alexandria [Va.]) 1817-1822, 1817-09-10

II had come IN cOnjunctlog With tic e.
"a produced upon the commerce and
ru.acturi~s industry Of The country
the sudden changes which had occur
in the political state OF Europe, they
Re fa,lY rreparel TO find = ve'y c"usi-
hb,e deficiency in the produce of the
hciral taxes III tie year ended the. 5th
uary, 1877; aud the mUle especially,
kIl these Causes If distress appear to
81 been felt by most of the nations OF
I'll continent in a similar, and by many
them, i'll 4 seyerer Seg-ee.
~ fine fact has, indeed, cUrrcspOnded
eith the principles upon which this ex-
rectation was founded; but although
lk6sc concurriug evils have not failed 20
brotluce in a material degree their matt
III Consequences, yet your committee, IN
~ ,emplatins the utmost extent Of them.
,6d 10 comparing them with the dcpres-
ktn which he revenue has experienced
|8fOrmer Instances, when affected bV the
~ &c caiamity OF a deficient harvest are
>7$pOsed to consider II as striking p'nOt
q the substantial strength aud wealth OF
De country. AID its consumption should
Vt have been diminished IN greater
5e&ree under the accumulated clrcum-
sHnces Uf embarrassment, which have
PRESSED upon the last year.
20 Your committee are well aware that
h al Iition To the general causes affect.
~ th. usual consumption of taxed CON
n8,ities IN tie year lHl6, some part OF
ne diniuution Of the revcane mu be at
Iribatei 10 tae dimiUishcd consumption
afthe government Itself; Dn', in opposi-
Sid TO this circumstances, hey consider
la& the cessation Of 81 large a portion OF
NE taxes W.: F,5U0,00nl. per anuum)
A<eSpired in the last year, althO igh their
19lLecti1n cnntiuued to ore ate during
Eaef eGaiad,r of that yea, cannot tail,
|vliea the ltN benefit Of the addition
|'ssfeIy ,Nlde TO the means q. individuals
s&e cra'iy tcit, To encourage an increaS-
81 q yeHd.ture aud consumption by the
t0u unity at larse: consideration
vbicl IS 10 b. set against Any Inference
I3bc dawn from the necessary ,liminu-
ids in toe demands and consumption Of
RcYe cument.
NJ our committee being, Therefore, tu'-
IN oppressed with toe 6ellei thtt the IN
faytr bible return, Of the revenpe in the
wear 1916 are essentially referable to the
ssnsral distresSes OF the country, are re-
ccSsarily led to the conclusion, that ac-
c,,ftiing as these diStresses may be re-
navel by the recovery of trade and agri.
cuaure, from the shock occaSiOned By the
sud lee change in the money value Of
con nOditics, and ID proportion as the in
dustry ot the lab)Ins classes may re-
ceiye relic; from more extended or more
6rStlnctiye employment, coupled with the
biessin! Of more favorable season than
the IasJ-in the same proportion and de-
sree NAV Il be confidently expected that
IbS.pubIic revenue OF the country will
fStern TO its average rate of productive>
l<sssOs The degree in which some nelio.
1ttipn may already have taken place.
6u3 oi tire period within which full re-
l5<ery from our late difficulties NAV be
la<fe ipated, it wonid be premature aud
|>fhaps presu nptuOas, in your commit.
|et 10 attempt to state any distinct OPT
giga They have, however, thought it
INIT 20 call los such information as could
required upon this very Important
lllps from some Of the persons mo con.
oks&nt, practically, with the manufac.
&<lps aad COMMERCIAL industry OF the
>ettf y aud the opincas ot these per-
|lzEaaS To the aC'ull commencement, or
b esrly prospect o! returning activity,
apOa ;ae waole, encouraging and sa-
factory. Your CON uittee feel war
mated By the concufring sentiments Of
besc Witnesses, as well as by all other
R<Ile3liols ri hi their own observation,
slexpie 'sin3 a bg!iet that fave able al
tr@<ioh Ii already manlicsting itself
the country. Aud wner your
|ot1fhittee contemplate the great adyan-
1te possessed BY this nation over all
|>oS 0hica have suffered, and age stll
1I[tr}pg, by the calamities peculiar to
81 rreseHt pesiod,--ln the substantial
cs0ax{es Of accumulated wealth, and of
MA I'D ex,en,ive Establishments for
~ <IIPfoyment of iaacur and the main ,
.a11tssol InduS'ry-theS cannot but in-
VIII ne must confident hope that amehn-
>t]4E NC begun will be rapidly accele-
k>t<f They, therefore, conceive that
z4 " net be exhibiting too favor
1{o v11H of the future rGyCaac from the
Fceenf taxesr when they assume the a.
erese productveness OF the last two