Alexandria gazette & advertiser. [volume] (Alexandria [D.C.]) 1822-1824, 1823-01-02

Pacific Ocean consists almost exclusively
of the labor and enterprise Of those eDga'
ged in it Foreign articles, The proceeds
Of those enierprizes, imported into the Y.
States, are therefore only equiya lent 10
the labor and enterprise by which they
were procured. 4,b, The value OF do
nestle articles exported is most imperfect
~ ascertained than Of foreign articles IN
ported, because il has not been consider
ed necessary to resort to the same sane
tions to enforce a compliance WITH the re-
gulations which have been prescribed Tor
thai purpose. TO ascertain the relative
value OF imports and exports, it is necessa,
ry-lst, That The same additions shonln
no made 10 the invoice value OF the latter
as are required by law 10 be made to the
former. Cd, The freight OF domestic ar.
ticles exported n American vessels .houid
be added to their value, alter deducfing
from il the freight of foreign articles im
ported in foreign vessels. 3D., he value
of foreign articles imported in vessels en-
gagged in the trade OF the North Wtst
Coast and Pacific Ocean, the proceeds OF
the labor aud enterprise Of lbose'by whom
they are navigated, should be added 20
the domestic exports. 9Th, 1t IS Impossi.
bic to ascertain what addition should oe
made TO the value OF the domestic exports,
on account OF the OMISSION of the export.
ere to state correctly the value OF articles
exported by them but. after making
liberal allowance for foreign articles M
city introduced. or inaccurateIy iEvolced,
it is believed that considerable addition
sho5ld be made
II then, TO the amount Of domestic arti-
Gle. exported during the year ending on
the 3o;h September last, already estims.
ted at D49, 874.o79, The additions should
be made which the preceding facts ana
considerations appear to authorize, the
value OF our domestic exports during that
period may be estimated at nearly D6o,-
90. 900.
Although no calculation has been COM
plete6 showing the average rate OF duty
upon the value OF foreign articles import.
ed into the United States, il IS presumed
that an importation OF Deo, ooo, 900 OF TO-
reign merchandise will not produce less
revenue than Dl7.ooo. 900. AS the re-
ceipts from the customs during the year
1898 have been estimated al DIG 900, 900.
it ia probable that the receipts from 'he
same source. in 1894, which will depend
upon the importatioRs oil 1928, VIII not
exceed fifteen millions. Under the most
unfav0rabIe circumstances, il is believed
that the receipts Of that year will be suit
6cient to discharge all demands upon he
treasury which may be authorised hy law.
II the current appropriations Tor the
year 1925 shall be equal 10 those required
by the estimates lor the ensuing year, The
expenditure of that year may be- estimated
at D29. 1853. 579 92 cents-viz: current
appropriations. 8,578,792 dollars and "
cents permanent appropriations Tor arm
ing the militia and Indian anRuIties. 37e,
875 dollars /; gradual increase Of tn. ma
w, 500, 900 public debt, including bal
lances unapplied in 1898 and 1924 a
mounting 10 8, 796, o-l8, 796 ,ooo--Ihe
means OF the Treasury 70 meet this extra
Ordinary nennfch may be in the Treasury on
the lst Of Jan. Of that year, estimated at
DS 900 900 and, 2d-ot the receipts 1t
that year. estimated at $4,000 .Ooo--Viz
customs. DIT ZOO, 900; public lands, -
Go q. 900 bank dividends, $50, 900 /; Incl
dental receipts SO, 200; making together,
all agSF6Rdtc VI iCu'hS
a deficit OF about ID, $4,000
In this estimate the receipts and exPen-
ditures of the year 1894, are estimated 10
be nearly equal. 1t isprobable, however,
that the receipts may exceed TO a small
extent, the expenditures but there is al
least an equal proba bility that the receipts
for the year 1895 are estimated loo high
In the year 1896, the expenditure. assu-
ming the current appropriations TO be the
same as in The year 1928 may be estima
ted at Dis, 457 900, aud the receipts at
ia, 900. 900. As the appropriation OF 5oo,-
900 dollars for the gradual increase OF the !
navy, expires in that year, the annual ex- :
penditure may, for subsequent " ars. be es- !;
timated at Dl9,o ooD, unless it shall be
considered expedient b make further pro.
vision for the incrsaa 0t that essential
means OF national deitnee.
1t is probable that the annual revenue
will be equal to that sam TO provide
for the estimated deficit If the years 1926
and 1926, as well as to meet any eXtraOr-
binary demands upon The Treasury, which
unforeseen exgencies my require, II is
believed to be eYpedienttha, the revenue
should be increased. Ills may be con-
veniently effected by ldicious revision
OF the tariff which, whik it will not prove
onerous TO the consumer. will simplify the |
labors of the officers of tie revenue. AT |
present, articles compo,ed of wool. cot
ton, fax and hemp. pay different rates of
duty. Difficulties frequently occur in de
termining the duties 10 which such articles !
are subject. The prUisIon in The tariff |
tina, the duty on article composed Of va
rious materials shall ID regulated by the |
material OF chief vaIuepf which it is con
posed, is productive 4 frequent embar.
rassment and much inconvenience. ltis
therefore respectfully unlimited, that all
articles composed of WOOL, cotton, 6.x,