American watchman and Delaware advertiser. [volume] (Wilmington, Del.) 1822-1828, 1822-12-31

TIC exports, on account OF lie om;..;on
Por'efs 70 stale correctly the vain. ne 49,. 'ne e.
ported oy them; but, after makinp a I;l,a',es e.
ahce tor foreign articles city introdusa. ALLOW.
accurately iovoced, it is beved tha, ~ of N.
bic addition should be made. eohsldsa.
A' ,nen' 10 the amour, Of domestic .r,o,
po',eu uurlng The year ending on the so,h e.
sJ,;.;| .s,' ALREADY estimated at S40,87Aozo 'Sp
additions should be made which TIE ~ the
and considerations appear M au,hnr,p '.euinS as
our domestic exports during tha, nsr,aJ sa'ueC
estimated at nearly S6Oo000 ou may b
Although no calculation has been =
shewing the average rate of duty unon H. 'l"etd
foreign articles imported into the Unu,, .,ue
u presumed that an importation OF S60 orr nesG
foreign merchandise will not prodnr. oo0d
nue. than Sl7,000,000. As the recein,. t -, reVs'
customs during the year 1898 hav, BEEN avn, G" Inc
q. oi9'oooOo0, 1t IS probable that tie ,ec rin.
me same source. IN 1924, which will d.n.rSom
tne '"pofta''ons oil 1895 will not exceed e5 opo
wv Chuer me most untavorable crccn,s,aooVV''
II IS believed that the receipts of thar
sufficient TO discharge all demands uno ~ "li be
sury which may be authorized by law. '"s rea'
II the current appropriations for The Won, 700.
shall be equal tothose required by the es,;m.,. go
the ensuing year, the expenditure OF that y. or
be estimated at 600 ~ ga ao may
Viz Current appro- y
priations, SS,57s,-2s 90
Permanent appro-
priatluns for arming
The Militia, and Indian
annuities, s7s.s75 90
Gradual increase of
the Navy, 100000 90
Public debt, incIud-
ling balances unappled
ia 1928 and 1924 a.
mouutng TO $780,
1000 1906. ooo On
ne means O. the Treasury to meet this extrsu.
binary expenditure, consist,
ISL VI Inc balance which may be in the Treasu,
Try on the LIST oil Jan. of
that year estimated at 28.OOOO0n
And, Cd. OF the re-
ceipts oil that year, es-
timated at 1q.ooo non
Viz:
Customs, S17,O00,O0o
Public Lands, 100000
Bank Dividends, $4,000
Incidental Re-
ceipts, $4,000
Making together, an aggregate OF o7,ooO,oOo %
And leaving deficit OF about SI,250ooo m
the year 1924 are estimated 10 BE- nearly eo,,, !,
us probable, however, that the rec eips nav exceed
TO small extent, the expenditures; but :here Is al
least an equal probability that he receipts for the
year 825 are estimated too high. In The wear 1926
inc expenditure, assuming the curren' appropria.
ions to be the same as in the year 1898, NAV be
estimated at 19,457 900 dollars and the rtceptsa
l9O0O,0OO dollars AS the appropriation OF 5OOMO
dollars Tor the gradual increase oil the NAVY expires
IN that year, the annual expenditure NAV for SUBJ
sequent years, be estimated at 10000 900 dollars,
unless il shall be considered expedient 10 make fur
Their provision for the increase Of that essential
means Of national defence.
II is probable that the annual revenue viii be
equal TO that sum. To provide Tor the estimated
dehcit OF the years 1926 and 1896, as well as to
meet any extraL binary demands upon HE Ireasu.
~. which unforeseen exigencles may require, it is
believed to be eXpedient that the revenue shoudoe
Increased. This may be conveniently effected bya
ludlcous revision OF the tariff; whiLh while it will
not Prove onerous to the consumer, will simplify
the labors Of the officers of the revenue. At pre-
sent, ARTICLES composed OF wool, cotton. FAX, and
hemp, pay different rates Of du'y. Difficulties FREE
quently occur in determining the duties TO which
such articles are subject. The provision in the ia.
rlh that the duty upon articles composed OF various
materials shall be regulated by the material of chief
Vaiue OF which 1t is composed, is productive Of ire
quent embarrassment and much inconvenience Il
Is, therefore, respectfully submitted, that all arti-
Giles composed of wool, cotton. fax, hemp or silk;
or OF which any Of these materials is component
part, be subject to duty of twenty five per cent.
ad valorem.
The duties upon glass and paper, upon iron and
lead, and upon all articles composed q the two lat
ter materials, may also be increased with view to
the augmentation OF the revenue. In all these cas-
es, except articles composed OF silk, it is probable
That the effect of the proposed augmentation oil du-
ties VIII gradually lead to ample supply OF those
articles from our domestic manufactures. II IS.
however, presumed, that the revenue will continue
TO be augmented by the proposed alterations in tho