The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1821-12-12

that basis. To promote this esnit b!
friendly counsel with the government O
Spain, viii he The object of the govern
n.ent OF the United States.
In conducting the fiscal operations o
the year il has been found necessary tc
carry into full effect the act of the las1
ession Of congress, authorizing a loan O
FIVE millions o. dollars. This sum has
been raised at an average premium OF Ave
dollars fit, nine hundredths per cent up
OH stock bearing an interest at the rate o.
FIVE per cent per annup, redeemable at
the option Of the government after tic
the first day OF January 1885.
There has been issued under the pro-
visions Of this act. four millions seven
hundred and thirty FIVE thousand two
hundred and ninety six dollars thirty
cents of five per cent stock--and there
has been, or will be redeemed during tive
year, three millions One hundred and
ninety seven thousand thirty dollars Sc
venty one cents OF Louisiana six per cent
deferred stock, and Mississippi stock
\. J. here has, therefore, been an actual in.
crease OF the public debt, contracted dur
ing the yer, of one million five hundred
and thirty eight thousand two hundred anc
sixty SIX do'iars sixty nine cents.
/, The receipts into The Treasury from
the LIST of January 10 the 3Oth Sep,em6c'
last, have amounted to sixtce millions
two hundred and nineteen thousand one
hundred and ninety seven dollars seventy
cents, which, with the balance Of one
million one hundred and ninety eigh,
thousand four hundred and sixty one
dollars twenty one cents, in the Treasury
OH the former day, maxi the aggregate
sum of seventeen millions four hundred
and seventeen thousand six hundred and
fifty eight dollars ninety one cents.
! he payments from the Treasury dur
ing the same period have amounted to
fifteen millions SIX hundred and Fifty five
thousand two hundred and eighty eigh,
dollars iUrty seven cents, leaving III the
Treasury ON the last mentioned day. the
sum OF one million seven hnndred and
sixtyItno thousand three hundred aid
seventy dollars forty-iour cen's 1t j:
estimated that the receipts OF tho fourth
qnsr'er OF the year viii exceed The dc.
nlands which viii be made on the i'feo-
sury during the same period snd. -th4,
the amount in The Treasury OH me 3Oil,
September last, will be increased OH the
first day Of January next.
AT the close OF the last session it wa.
anticipated That the progressive I!m" u.
ton OF the public revenue in
1926. which had been the
languid state Of Our foreign CONNER il
those years, had, in the latter year, reach.
its extreme point Of depression. j
has, however, been ascertained, ti,at thai
poiut was reached only at the termination
of the frs; quarter Of the present year
From that time, until the 3Olh Septem.
Der last, the du.ies secured have exceed.
ed those of the corresponding quarter:
of the last year, one million one hundret
and seventy-two thousand dollars, Wills
the amount Of debentures issued during
the three first quarters Of this year. j.
nine hundred and fifty two thousand dol.
lars less than thu, OF The same quarters ol
the last year.
There are just grounds to believe that the
improvement which has occurred in tho rev
enue during tho last mentioned period, will
not only be maintained, but that 1t will pro.
ssessiveiy increase through the mex, and sew
eral succeeding years, So as TO res'ize the ro
suits which wore ptesen ed upon that sub
jse,, by The ol5 :iAi reports Of the Treasury, a,
,'e commence ment of The last session Of Con.
gress
Under he influence OF the most unfsvors.
ble circo"lsiances, the revenue for 'he oeI'
and subsequent yesrs, 10 The yesr iS2S, will
exceed ,hc demands al proseoi authorized by