Elizabeth-Town gazette. [volume] (Elizabeth-Town, N.J.) 1818-1821, 1820-12-12

In Senate, Tuesday, Dec. 5.
The committee to whom was referred
the petition of Matthew Lyon, made q
report, concluding with the following res
iolutions 49,
Res0lued, That SO much Of the ast en-
Titled on act for the punishment OF certain
crimes against the United States, approx.
ed the 18th July, 1893, as pretends to
prescribe and punish libels, is unconsli
Etutio0al.
Resolyed, That the fines collected un-
der that act ought to be restored to those
from whom they were exacted; and that
these resolutions be recommiited 10 the
cemmittee who brought them 10. with in
distractions TO report a bill TO that effect.
| Hoase eff Representatives., Dee. s.
/ A resolution was passed calling on the
tSecretafy Of the Treasury for n general
Estatemens OF the Affairs Of the National
Bank.
srhe Secretary Of War was called up
OH for statements Of the expences Of the
army. Also statement OF the expences
attending the establishment Of Cadets al
West. Point, the number Of Cadets that
have been educated there, &c.
The House went inio the consideration
Of the resolution proposing an amendment
10 the constitution, in relation 10 The cleo
ton Of electors Of President and Vice
President Of the United States, and mem
bers of The House Of Representatives.
Messrs. Reid. Barbour and Rhea spoke
10 opposition to the resolution Messrs.
Smith and Lowndes in favor when the
question was taken on ordering The reso-
luton to a lhird reading, and passed, i08
10 So. The resolution was ordered 10.
be read third time tomorrow. As thu.
constitution requires two-thirds Of The
members present to vote on its final pas
sage, notice was given that call Of the
house would be made at one o'clock.
A statement was received from the Com
missioner Of the Land Office, Of the
quantity Of land sold in the several land
Districts, under the act Of April last, the
prices, &c.
rom the National InteIligeneer of Tuesday last
The Annual Report OF The Secretar,
|of The Treasury was yesterday transmit
ted to both Houses Of Congress. It is Of
greater length than usual; aud, as ii will
be the ground work Of the fiscal arrange
ments Of the present session, has been
looked for with much interest
Not being able TO publish it to-day, We
have been enabled To ascertain the gene.
raj nature Of It's contents, for the informa
ton Of cur readers. We cannot, from a
hasty glance, be expected to be very pre-.
else in our account Of il, but we have from
Ethr surface Of the Report gathered the
following facts
The receipts into the Treasury Tor
the preseai year INCLUDING monies re
eeiyed From loans are stated al I6,8i9,e37
dollars. The payments into the Treasu
'ry during the fourth quarter from the same
sources are estimated at 3,43O 600 dollars,
making the total estimated revenue OF the
present year 20 ,249,63 dollars which,
added TO the balance in the Treasury on
The Isl day of January last, amounting 10
2 076 607, makes the aggregate amount Of
81, 326,244 dollars. The expenditures
for the same period are estimated at 25,-
064 Alb dollars.
There will therefore, according to this
estimate, be a balauce against the Treas
airy, on the lst day Of next month, of Q.
638. 100 dollars--the receipts from the
customs having fallen greatly short Of the
amount at which they were estimated in
the last annual report.
Of the expenditures Of this year, il is
estimated that there has been aud will be
pad. of the principal and interest Of the
Public Debt. l0,740.O0o dollars, being
more than two fiiths Of the whole current
expense Of the year.
The Revenue for 1927 is estimated at
t6. $4,000 dollars, and the certain and
contingent expenditures at 2i,3634lsl
dollars; which added to the balance a
gainst the Treasury on the LIST Of January
NEXT, will make the sum Of 240Ol, $50,
and will consequently leave +" balance
Of 7.45l $3.50 dollars beyond the estimated
means, for which provision is to be made
We are free to confess, that this is not
as favorable a view Of The state Of the
Treasury as we had anticipated; but Il is
such an one as leaves no room for des.
popdency, aud involves no perplexins
considerations. The public deb; has beer
Iessened. during the past year, by redemp-
itions aud purchases, more than il has been
.encreased by loans and by the anticipated
balance against the Treasury on the Isl
iof Jan. next. The same may be said oil
the calculations for the next year tha,
the sum 10 be borrowed for the use or thai
year will be less than the amount Of the
principals Of the public debt which will be