Alexandria gazette & daily advertiser. [volume] (Alexandria [Va.]) 1817-1822, 1821-12-06

march. The diplomatic intercourse BE-
tween the United States and the Portuguese
dominiOns, interrupted by thai importaa:
event, has not yet been resumed. bul Tie
change of internal administration, having
already materially affected the commercial
intercourse OF The United States with The
Portuguese dominious, the renewal OF tie
public missions between the two countries.
appears to Le advisable al an early day.
Ii is understood that the Colonies in South
America have had great success during The
presen, year, in the struggle tor their nde.
pendeuce. The new Government Of Co.
Iombia has extended It's territories, and Cou.
siderably augmented its strength; and at
Buenos Ayres, where civil dissension had for
some time before prevailed, greater harmo.
ny and better ORDER, appear to have been
established. Equal success has attended
their efforts in the provinces on The PACING
II has ioLg been manifest, that it would be
impossible TOR SPAN to reduce these colo
MES by force, and equally so, that no CON-
dtions, short of their independence, would
be satisfactory to them. ltmay therefore be
presumed, and it is earnestly hoped, that the
Government oi Spain, guided by enlIghtsR-
ed and liberal counsels, will Ind II TO COM
port with its interests, and due 10 ITS mag.
nanmity, to terminate this exhausting con.
troversy, on that basis. 10 promote this re-
suit by friendly counsel, with tine Govern
ment OF Spain, will be the OBJECT OF the Go.
vernment OF the United States.
In conducting the fiscal operations of the
year it has been found necessary 10 carry
into tull effect the act of tine last session of
Congress, authorizing loan OF five millions
of dollars This sum has been raised at an
average premium OF five dollars fifty nine
bundredths per cent. upon stock bearing an
| interest at the rate OF tive per cent. per an.
NUN, re dee bic at the option OF the govern
ment after the first day o. January, 1885.
There has been issued, under the provi.
.ions OF this ast, iouI millions seven hundred
and thirty Eve thousand two hundred and
ninety SIX dollars thirty cents, OF five per
cent. stock; and there has been, or will be,
redeemed during the year, 5, 1877 $50 dolls.
II cents OF Louisiana, six per cent. deferred
stock, and Mississippi stock. There has,
therefore, been an actual increase OF the pub
lie debt, contracted during the year, of
,538, 266 dollars 50 cents.
The receipts into the Treasury from the
I.t o I January TO the 30th OF September last,
have amounted to 1913, 81 dollars, ~ cts
which with the balance Of ,l98,46l dollars,
81 cents in the Treasury on the former day
make the aggregate sum OF II All, 65S dolls.
81 cents.
The payments from the Treasury during
the sans period have amounted TO 1856,
28o dollars AZ cents, lesv wing in the Treasu.
ry, on the last mentioned day, the sum OF
1852 $40 dollars AZ cents. II Is estimated
that the receipts of the fourth quarter OF the
year, will exceed the demands, which will
be made on the Treasury, during the same
period, and that the amount in The Treasury,
on The 3Oth OF September last, will be in'
creased or the first day OF January next.
At The close OF the last session, 1t was an.
tIcipated that the progressive oiminutlon oil
the public revenue IN 1919 and 1870, which
had been the result Of the languid state OF our
foreign commerce in those years, had IN The
latter year, reached its extreme point OF de-
preston. 1t has however, been ascerlalDed
that that point was reached only al the Ter
miuaton OF the first quarter OF the present
year. From that time until the goth OF Sep
TENDER last, the duties secured have exceed.
ed those of the corresponding quarters OF the
last year, I,l72,oC0 dollars whilst the a.
mount OF dehentures, issued uunDa the three
| first quarters Of this year, is $50 900 dollars
less than that ct The same quarters OF the last
year
There are just grounds to believe that the
! improvement which has occurred IN Inc re.
venue, during the last mentioned period, VIII
| not only be maintained, but thatit VIII pro-
gressIyeiy incre4 Sc through the next ana Sc
yeral succeeding years, so IS to realize The
results which were presented upon that SUD-
ject, by the official reports OF the reasu;y.
at tue commencement of the last session OF
of Congress.
Under the influence of The most unfavora'
Bile circumstances, the revenue, tor the next
and subsequent years, to the year 1898, will
exceed the demands at present authorized
by law.
1t may fairly be presumed, that under the
protection given to domestic manufactures,
by the existing laws, we shall become az
no distant period a manufacturing country,
on an extensive scale. Possessing as we
do. the raw materials, in such vast amount
with capacity to augment them, to an IN
definite extent: raising within the country
aliment OF every kind, 10 an amount lar ex'
ceeding the demand for home consumption
even in the most uniavorabie years, ana 10
be obtained always al very moderate
price: skilled also, as our people are IN the
mechanic arts; and in every improvement
calculated 10 lessen The demand Tor, anu 'ne
price of labor, it is manifest that their sue
cess. in every branch of domestic industry,
NAV and will be carried, under the encour-
agement given by the present duties, 10 an
extent to meet any demand, which, under
fair competition, may be made on IT,.
A considerable increase Of domestic man,
uE.ctu,es nv diminishing the impol tation OF
foreign, will probably tend TO lessen lns