Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1819-09-07

saiaiiet thar usual and those of this fall will
lie reduced (some say 9TH, others Id in cou-
sequence of the orders last spring being on a
smaller scale from the embarrassed state OF
the times. Some estimate the revenud will fall
snort during the next year from TO 10 miiious
OF dollars. Ia becomes then the duty of thu ge-
httaleovernment. I. 10 retrench sue N eA y enc
eS as eau he safely spared. z. To regnre all such
kalaries and wages Ito whose reduction there
H. no constitutional inipedimeut,) Whfrh Tere
raised IN those latter days when money was
drpreciated. Gluney bemg worth nore now
than before, less OF II will answer Tor the
compensation OF our officers. s. 10 make
as few permanent contracts at present
prices, for our circulating medium is still
appreciatins, and few articles have descended
10 their proper level ot price. 4. The appro-
priation OF ) 10000 0hO, which gvcs annually
{" The eNtingnishment OF the pnbiic debt IS
probably more than will he required. The
pricG al our pUbIic stock ~ now 4" dbVre the
p'ire limited by iaw"-and there will not p,o-
babiN he stock gnengh TO redeem or TO pnr-
chase al these limited rates, TO absorb The
: 10000 Bat, after allowing tor these re
itehrhm,nts. II ~ probable that there viii he
dtctf, which mus, tie supplied eitiier by loans,
an iS>he.uf treasury notes or ny internal taxes.
We regret tins necessity on account of the
treasury, bnt rejoice en- account OF the cOun-
Try The reduction otfofciyn iinportatioTs ia
IN" strongest evidence of TIE retaining spirit
al economy, which j. so essentially 10 con-
ir'hnte TO relieve our EMBELLISHMENTS, and
purify orr morals
The Messenger also gives some Interesting
TNranalons about tie redemption Of the
Louisiana Stock. II states, that the Commits
sioHeIs III The Sinking Fund are bound BY law
10 apply 10 the eAtinguishment OF the public
dents, tth millions ofdOls annually (or so much
OF that sam as the conditions OF the loans and
tue prices OF stock will permit" j that ~ the
price oil SiOchS was :. above the price iIiiiied
10y Law, tney could not he purchased; aud
thai as the Louisiana debt wa" " the ouiy one
OF winch any part was redeemabIe, IL, sf
course, presented itself as the proper ubject on
wBitsi To apply the means at the disposal OF
the Commissioners" The iistaiinent Of this
debt, paid off last October - amounted 10
\ s1I. $50, OF which 5 7Ui 800 was o~uedin
Europe. The Instaiment phyable next month
u - LOSS OS3 III which nearly the same pro-
iorf,un Is owned abroad. The whole smri,
however, Il payable ia the United States 10 n
par, OF it should be Withdrawn from the coau-
tfH ny tue foreign owners, do not ascribe the
Inconvenience produced by the transfer, 10 Tie
Secretary OF the Treasury, (says The Messen-
ger, but To the law OF the land. This vintii-
cation appear, |" I've conclusive, il The facts
are realty "a they are stated and of fi,is we
have very TITLE doub,.
We understand. that the Bank oftlie Unit
tu States, whicii has been calling in its mea,i>
thus pressing sown customers, 10 assist the
redemption OF this stock, has succeede in
max iIis loans dorolf tOpdy mp that part OF the
stock winch rs owned by foreigners. The
Hank will of course he enable 10 extend a
li0pnruOuate share of accOnmodat ton To The
public; h> arrestIug cnrtaiIneuts, OF grautiu:
new discounts.