Alexandria gazette & daily advertiser. [volume] (Alexandria [Va.]) 1817-1822, 1817-12-19

Leaving outstanding an} ss5,s6s
As the ou standing treasury notes are
convertible into funded debt, which IS
considerable above par, it is presumed
that such portion Of them as are not lost
or DESTROYED, will be funded, instead OF
being paid into the treasury in discharge
of duties and taxes. 1t is therefore pro-
babe that an addition to the public debt
will be made during the year 1918, near
ly equal to the treasury notes estimated
to be outstanding.
Statement (E) presents the state Of the
land Offices in the state Of Mississippi,
and in the Alabama territory. from which
it appears that the receipts into the trea-
sury have amounted to l,l2l,l00 81, of
which 43l, 100 were in Mississippi stock.
From the proceeds of the sales Of these
lands, there has been paid to the state of
Georgia the sum of 6SS,41l SO, and there
has been transferred 10 the state, by the
commissioners of the U. States, under
the act compromising the Yazoo claims,
that part Of the original purchase money
remaining in the state treasury, amouni-
ing to lS4,5l5 ga. making together the
sum of S72, 957 81, and leaving still due
to the state tie sum of SIT, 042 70, which
is now ready to be paid under the provi-
sions Of the act OF the Sd of March last.
BY statement u it appears
that the Mississippi stock a
warded by the commissioners
amounts TO 4,s7s, asa
From which deduct the a.
mount received into the trea-
sury, 45l,f2O
Leaves outstanding the sam
of S747,3l4
Which it is estimated will be received
into the treasury during the two sue
ceeding years, in payment of the public
lands in the state Of Mississippi, and the
Alabama territory, OF will be discharged
by payments from the treasury out OF the
pI oceeds of the sales of those lands.
of The estimates Of the public rersnue and
expenditures for the gear 1918.
The importation Of foreign merchan-
disc during the years 1915 and 1916, so
greatly exceeded what was presumed to
be equal to the annual average consump-
zion, that general impression was pro-
duced that the importations during the
present year would fall greatly below
that demand. Under this impression,
the revenue accruing from that source,
for the year 1917, was in the annual re-
port of the Treasury Of the 10th Decem
Der 1916, estimated at 100000; but
it is ascertaiaed that the gross revenue
arising from that source during the three
first quarters Of the year, have exceeded
1000, 900, and it is estimated that that
of the whole year will exceed 22.0Oo, 900.
1t is presumed that the importations
from the East Indies during the present
year greatly exceed those which will take
place during several consecutive years /;
and that the reaction produced by the ex-
cessive importations Of 1915 and 1916 has
in some degree been diminished by that
circumstance. There is however Just
ground to believe that the revenue deri-
we'd from this source will not, for any 81
ven number CT years, fall below that Of
the present wear. Considering that this
revenue, during the year 1907 (ihe last
year that our commerce was not greatly
embarrassed by belligerent aggression
exceeded 100000 that the duties
then imposed are considerably augment.
ed by the present taritf, and that our po-
pulation has increased more than thirty
per cent. carrying with it in the same de-
gree an increase Of the means Of procu-
ring foreign articles, with an undin'iuish-
ed relish fer their consumption il is
presumed that the revenue from that
source during the present year, will be
found to be less than that OF any number
OF successive years.
According TO these views the perma-
nent annual revenue may be estimated to
amount to 2i,525 900
Viz.
Customs 100000
! Internal duties 100000
N l.