Alexandria gazette & daily advertiser. [volume] (Alexandria [Va.]) 1817-1822, 1820-04-22

teniion 10 Inc weak points II the r,t
and the appropriations Of former years /
been Increased by objects of great natl,
importance. which have added to GU, !,
rily and by.an act Of benevolence low
the survivors of.he army OF the Reyo,m; 4
Large outstanding claims, resulting {
the war. to an amount exceeding thirty
lions Of dollars, have been discharged:
the sum OF 80, o85, $50 dollars OF the nn.s
debt has been redeemed, since the 6r,,
Of January, 1917. Establishments h.,
been created under the sanction Of i.
which to maintain and advance, will MI
ii necessary, eitberro resort to annual ),
successive loans, or 10 d system Of Inter-.
revenue. As to the FIRST of those a,en
tives, itcannot be necessary to urge !,
observations their natural tendency IL !,
vove the nation in debt is obvious !.
they will be avoided, when they are not
dispensably necessary. We are warned,
gainst the effects Of "a large and accumr Y
ting debt, by the experience OF other NJ
tons. A nation, laboring under the os
sure OF large debt, no more than an iaE
vidual, can be considered independent L
Money is power, and that nation will Mi
come powerless, who shall mortgage its y
sources. without the prospect of reevi,
them by discharging its engagements.
Reasons, powerful and cogent, exist
gainst resort to internal duties and din,
taxes, to supply a deficiency occurring al
ring state Of profound tranquility, apS
ought to be avoided if the necessity b. no (
evident and pressing, and such has ,heret
fore been the policy of the nation. WJ|
have been accustomed to system Of lar,
ton, which, in its operation, has beenpji
without being perceptibly felt, and wilIn
luctantly resort 10 one of a difere ut char,,.
ter in times of profound peace.
From the extraordinary depression ofcM.
nerce, within the last three years, The stlp /
nation of our navigation, the deprecialirn
the value of our exports, the correspoldaf
depreciation in the value of properly Of eve /
ry description, nd The serious embansaI
ments under which every branch of mduauE
now labors, economy and retrenchment III
expenditures OF every citizen are impeIcu.
ly required. The finances of the nation sl
ing seriously affected by those causes, then
would seem TO arise correspondent oblgl
ton on the government to retrench its eyI
penditures and economiZe lis means. lnltsl
infancy of our institutions, our e1penes;
were, in the general, limited by our n-
ceipts. We have been satisfied to advance
gradually in furthering the,system of naN.
nal security and independence. Our pae
has been greatly quickened towards the at.
Complshment Of those objects since the res.
toration of peace, by The great accession d
our revenue. Fro.n that period our reyenG
has been in what may be considereda iorad
state. We are now getting back to COT.
dition mere congeniaI with our populaia
and national wealth.
The committee believe that wisdom re-
quires US TO recur, also, to the policy which
has heretofore governed us. Our nation is
still in its infancy its resources are daily
increasing. Ii then we should keep pace ID
the building up of our national establish
meuts with the revenue OF the country, We
shall have consummated all our wishes wln'
out oppression to the citizen.
Therefore, Resolved, That the President
of the United States be requested 10 caus
such plan to be prepared, as will enaUs
Congress. at its next session, to make suC1
reductions in the various branches OF pubI;
expenditures, as may be required BY us
state oil the finances and the pubic goou
We publish to-day, the Report o. l'
Committee of ways and means. j y
as we have already said, docun'H'
the main opJtct of which. the cnlorT
mrt Of the Elk edieney of retlehcr
ment and OF a just economy in the Pl wv
lie expenditure, not inconsistent WIN
i oriant rational objects, will ns''
with general appreciation. !.
/ The necessity OF a rigid attention y
the expenditures of the government ,
the more apparent, at this mollltD.
from certainty that there will Os
deficiency Of the re, enue for sewers
years, which must be supplied by ar
= s.aI - NJ