The Portland gazette. [volume] (Portland, Me.) 1818-1824, 1819-12-14

augmented, and still continue to exist, ,ha
receipts into the treasury, 70 the SO h of
sept. last, have amour cd % Gig 600 600. |
Alter deiTayE:S the current expt noes u the
government, Including the in,errs nd re-
inburss ment OF the public deb pay abb o
that period, amounting 10. Sls 200 600,
there remained In the treaspry Oh mat day,
more than $4,000 900, wnics,, with the
SUNS receivable during the remsinder Of
ihe year, will exceed the current demands
upon the treasury, for The same period
The causes which have tended t. diminish
the public receipts, could no, foil 20 have
GORE spending efi-ct upon the revenue
which he's accrued upon impos's and ton
mage, during the three first quarters Of the
present ear. Il is however, ascertained
that toe duties wh,ch hive been secu ed
during that period, exceed SIC 900 900,
and those Of the whole yea win probably
amount 10 S23 COO 600.
The great reduction in the price of the
principal articles OF domestic growth
which has occurred during The present
year, and The cousJquen, tall 10 the p,ice of
laber, apparently 50 favorable 10 the success
ed them against o her causes adverse 10
s;a,ir prosperity h pecunary embar-
EASEMENTS which have so deeply affected The
commercial interests Of The nation, have
been no less adverse to our manutac5ur-
tnr Establishments, in several sections Of tie
Union.
y The great reduction or the currency
which the banks have been constrained to
make, il order to continue specie pay ments,
and the viliated character OF il, where such.
reductions have not been attempted, instead
Of placing within the reach of these eStab-
llshmenis the 2ecunia,y aid necessary 10
avail themselves of the advantages resulting
from the reduction Of the prices OF the raw
materials and OF labor, have compelled the
banks to withdraw from them portion Of
the. capital heretofore advanced to them
That aid which has been refused by tue
banks has not been Obtained from Other
sources, owing to the loss OF individual con
fidence, from The fixtures which have recent
ly occurred in some OF our principal com
merclal cities.
An additional cause Of the depression OF
these establishments may p obabiy DC found
in the pecuniary en.barrassmenls which
have recently Effected those countries, with
which our commerce has been princi paly
prosecuted.
Their manufactures, for the want OF .
ready or profitable market at home, have
been shipped by The manufacturers 70 tbs
United States, and in many Instances sold
at price below their current value at the
place of manufacture. Although this prao
tice msy, from its nature, be considered
temporary or contingent, il is not on tha1
account less injurious in IT'S fl. cts- Uni
formity in the demand and price Of an arII1
Gle, is highly desirable 20 The domestic man
ufscturer.
1t Is deemed of great importance to give
encouragement 10 cur domestic maDutac-
turers. In what manDer The evils sdverted
10 may be remedisa, and now tar It may Be
practicable, in other respects, TO afford them
further encouragement, paying due regard
TO all the other great interests OF the ma
ton, is submitted 20 The wi.dom of Con-
gress.
The survey of the Coast for the establish
ment of Fostihcaiions IS now nearly CON
pleted, and considerable progress his been
made in the collection Of materials for the
construction Of Foriihcations IN the Guit 81
Mexico and in The Chesapeake Bay. The,
works on the eastern bank Of the Poioma &C
below Alexsndria, and on the Pespa1ch ln
the Delaware, are much advanced and /,
is expected that the iortifcalion at the Mar
rows, In the harbor OF New York, will be
completed The present year. o derive all
the advantages contemplated from these
Forii6 atoms, it was necessary thai they
should be iujiciOusly posted and construct
ed with view To perm snence. The pro
gress hitherto, has, therefore, been slow;
but as the difficulties, In parts heretofore The
/. least explored and known, are surmouDted,
it will in future, be more rapid As soon
as the survey of the coast is completed,
which, it is expected will be done early IL
the next spring, the Engineers employed II
il will proceed to examine, for like purpos
es, The Northern and Northwestern From
tiers
The troops intended 10 occupy station
at the mouth of 81 Peters, on the hissis-
sippi, have established themselves there
aud In Sc which were ordered 10 the mouth
of the Yellow Stone, on the Mise hsvo
aascended that river 10 the Council Bluffs
where they will remain until next spring'
when they will proceed 10 The place OF 'hcH
destination. have the satisfaction 70 stats,
shat this measure has been executed IN sn'
- ,,,; ~ - I,d;an Tribes and that IL prom