Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1822-04-30
GO.OOO
5000
Making
SI6,ll0,0O0

The committee are apprchensivc that the customs
will not he productive is 10y some have bcen sup
posed, and 10y Others confidently predicted. For the
year 1871 the receipts from the same amount
1 ed To S L, 1868 9i5 Is.
| Why then thi. increase in the estmntes Ii is \
fact we'll ascertained That the exports of domestic mr.
| ticlcs for the year 1920 amounted 10 9 81 684 600
and that the exports of the articles for the wear
1921, amount to but Sf3, GIL 1871. Although the a.
| mount OF imports may have AN aupuren increase,
yet II may he considered as an axiom ia political
couomy, that the imports never be considered ms
increasing when, at the time, there is falling
oil ot the exports and u IN amy one Year the npo
shall appear 10 increase, when the exports instead
a correspondents: use, are actually diminished,
we ought 10 attribute il ciIherio eXcrcscence upon
the regular operations OF trade, or that the imports
were intended FOR ,iS aXporaiioD again. That the
excess III the lmporaJons Tor the year 1921 ow-
ing to an intcntono of rc-eNporng part Of the same
goods * now manifested by the fact that the delen-
lures WI greatly exceed the estimate OF the Treasury
Department. lucy can, therefore, see no reason
why the estimate for 1929 ought exceed the amount
received from the in 1921 but supDos,.
that The customs shall Yield, for series OF years
SlIOCO,00O-and beyond that sum IL would he en-
iircly unsafe To estimate them because, although The
naOn is decreasing in population and wealth vcf with
feelings oi pride ought 10 he recolieoed that she is
rapidly increasing in her domestic manufactures, and
as lar as they are consumed, far will the foreign
fabrics he thrown out of market, and part of The cx-
ports he turned into the channels oil domestic trade
| by way OF barter.
The duty arising from sugar impo ted will he great
|
hy The oil the sus of Louisiana and Florida The
estimate for the year 1922, of 81 600 600 from The
public lands they aauer themselves will he realized.
owing 10 the discount of Ihiity-sevcn and one hall
per cent which is offered to The debtors for public
lands who shall pay Ivy September next. All who do
not avail themselves OF the discount cred iol III ompt
payment will accept the credit given by the act OF
l3ZI From this circumstance is believed, that as
permanent source oi revenue, after the year 1892
one million per annum wOuId he a high estimate
lie resource OF public lands cannot he considered as
entirely permanent one, and they very much de-
precate The policy OF Throwing much land into mar
kel ana hope, Tor the future, il will lie pursued
beyond the limits of the present states and territories
} ne policy - ruinous 10 the western country, hv
u'iinng II oil ali the precious METALS and couseuuc nj
y embarrassing lis circulating medium The oiiein
oil all TIE perunlary difficulties of the West may be
traced 10 this cause. The impocy OF the measure is
again made manifest, 10y dispensing tie population
over too great an extent of TERRITORY, 10y which means
there Is great danger that the government at d,y
not distant, II The policy be not checked, sill ia! TO
pieces by lis own nnwieldincss and consc ucul mie-
c'iiy The administration OF such governmen, rau
never be lc!t 10 the eXtr"m!tes oi the empire. This
system q! keeps up an irri,atcd safe of feel
ings between The Indian tribes and the people of The
U"icd safes besides, humanity iurl.Gs tic driving
tho"e unfortunate people To the ends of the hahahle
earth at he same time seii-rcSpect ought esIraim
The UTilej States from amusing and quilting them
AID the world, about, in point OF practice Tue I'M
meaning word OF civilization
la the estimate Of the bank dividends OF $3.50 900
on what data lie Secretary went IN making ihat cs-
iiHatc they know not, rs the bank iis never vet
averaged iUar per cent. per annum The items in
the estimate OF sevcnty five, sixty, and twenty five
thousand dollars, are not OF a permanent character
Suppose, then, the esiment of permanent nature
should stand lhus
Customs sllOoO,oOO
Public lands COO'o0n
Bank dividends 35OOO0
-, l5,35O,O0o