Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1823-08-19

hu,ea on agriculture would he greatly increased Il
the, lac speaks IN general OC meeting
ibreSeen casualties, but suppose that you will read
ny adult, th"vno sound practical statesman would
increase the burden agriculture, when il is
v-r~ly pressed To guard against such indefinite and
| ,nerely possible charges the treasury, Two or
three years hence lor. It is Acknowledged hy all
iha the will be superabun tant ill
IA 1923 But, IN your remarks consider ail this
TO un the foundation al siUble. Ia the year
1885, YOU s.,y, tina, the public debt TO large amount
herom"s due, aud instead ni deficit of ouly few
lpdre,i thousand dnnts ~ that year, il will
many millions ia thar, aud the next Years and that
this great increase OF demand on the
~, and not The small deficit referred to, tie change
Of the tariff proposed nv Mr.. Crawford {; if
such he the i'ct, Mr., Crawford has neglected. to
stale U he spedks oil no other dcbcIt bat those
which have stated, aud offers other reason for
,he increase of Ice tariff, but them aud :uard
against general but unforeseen casualties, which may
occur years heace. Ewes AZ your
rect, they have 40 hearing the point. IL
question of HtOtreS GHO2eit la asreriainng which,
must weigh the reason which MIR. Crawford has
ass i-isd lnd not those 1c'ch miSht ne 9SSgd. But
Il manifest thai he Is right, aud you mistaken
n your of the demand on the treasury ia the
veus in question. The debt does become dhte as
suppose, Int only 1tohe, rather reGeeHdbie II
he government ekooses. fhe holders OF the stock OF
sovernment, have uo greater demand nn the treasury
after the debit becomes redremaLe, rhln they now
have. 81 IS not their risl which increased after
that period, sat thar of the government The de-
! mand ~ The treasury Is Ia wise effected 10y the
mere redecmnb,iv OF the public debt. but ~ teEu-
I lAisd uHOVg b0 tie IDitruJrtitiOH made by
or the payment OF the interest, aud the annual
d-mpuoa OF portion of the principal. This appro.
priatom, liked III 1917, 10y of congress, IN
! rodurcd lay the able and lnnenieJ statesman Mr.
LowHes amounts to 10, 900 900 Annually, this is
the whole draaud on The treasury, account ol the
public debt, and l. that only, which The secretary
IS bound 10 p"vide for in estimating the state Of the
/ Treasury ~ 1920 and 1896, he has taken this sum
INTO the estimate and with Il calculates the defcien-
| cy, as have above stated and he must stand or
fall, the simple fact, whether The deficit which he
las stated vii, 1900 600, in 1873, aud 100 900
IN the yeat, whether, say tiI this small ten.
por1ty and contingent deiciI, justify the great
| aud permanent Increase IA the rates nf duties on
many of The essential drtces which enter INFO
the consumption OF The Farmer. 81 il cannot, Mr.
Crawford must he feeble hnaucier, or Other motives
which he has hut hined but expressed mus: have
| ac'naitd hun in Recommending the rvrease Of the
! duties
1t will be get off, TO say, thar The public debt
ought e. hc na'i faster than what the present appro
priatIon OF 10 coo Coo, will warrant II that lie
Mr. Ora" lords "pinon, he ought tn propose IL, and
"a not dong with such opinion, he has neglected
his duv, iJ he has in OF his reports, given the
slightest intimI'n tIatu would he wise TO increase
tie appropriations Ia question. The present apprupra-
non was fixed 10y one hi our ahes Gnancers, when
the treasury w's oNr' FLOWING and eXcerds that
labliSheu LAY Nh jefferson hy = 800 600, Annually,
tho the public debt about the siule ~ amount now
thai ~ was al lie commencement of his adminsirA-
ton. 1t has been universally acquesced ~ since Ills
first establishment, itHd however anxious am To SIZE
the public debt discharged, cannot but question the
policy which would ~ ihis moment ui UNIVERSAL dis
lrtsS OF the agricultural Interest," greatly augment iis
h"r'eh III order to discharge the debt, Of three
years sooner. he sinking fund, conSti.
uted, when the delhi becomes redee mahle som
discharge II, II risdy and faithfully adhered 10 The
etcdi Ohjrct, - appears 10 me, - not much
incl ease ~ AT iya, y tie Objectionable means pr,-
posed, as to apply u sacIcdly and sJtIy to say,
ihai since Nd. CrsW ford has been IN the treasury Il
has been less respected, THIN under any other admin
islraiion .! i!s"i department. CINCiNNAIUS.