Alexandria gazette & advertiser. [volume] (Alexandria [D.C.]) 1822-1824, 1824-04-01

From tie Baltimore Federal Rapab!ican.
NATIONAL INTEREST.
We present, as proof to fortify our late
prediction Of progressive appreciation Of
the 8 per cents, 10 the subioined exposl-
lion OF the
ANNUAL REVENUE OF G. BRITAIN.
fFrom the British Prsss.)
An interesting and satisfactory
from the Treasury has been
laid before the House Of Commons
this session, and printed by its order.
II contains an account OF the nett M
Come of this country Il ireland for the
year ending the sth Jan. 1924, with
,sn account Of the balance OF pub
lie money remaining in the Exche-
uuer on the 5,h Of January, 1898; the
amount of money raised by addition
10 the funded or unfunded debt in the
year ending 5,h January, 1924; the
money applied towards the redemp.
ton of the funded. Or for paying otf
the unfunded debt. within the same
period; aud the money remaining IN
the Exchequer on the 5th of January.
1894. This document is made up
according to the present form OF the
public accounts, and takes the shape
of a balance sheet. so that the whole
income and expenditure Of the coun-
try meet the eye at once. This IS
satisfactory mode of statement for the
public at large; and review OF this
paper affords a gratifying picture OF
Sha rising wealth and resources oil
this great country. The income for
the year, paid into the Exchequer, a
mounts to the SUN OF i57 ,6.2, 99S. IS.
4i-sd. This large amount includes,
besides the produce Of Customs. Elk
else, Stamps, Taxes. aud the Post'of-
fee, with the other comparatively
minor assessments, 1866 ISIS.
I'D. money received in repayment of
the loan due by Austria, and paid by
the late contractors here into the
Treasury, and another large sum of
I4,675, 900, paid by the trustees Of
military and naval pensions. after de-
Quoting ll72,O00 Included in the re-
mains in the k.xchcquer on the 5th
of January, 1895. which sum goes {"
the discharge of what is technically
termed. in Parliament, the dead
weight for the year; while, on the ex
penditure side of the balance sheet,
tho country is charged only on this
account with SUN of 70, s00.O00lmg
annuities, into which the decreasing
charges under this head have, by
resolution Of the Legislature. been
committed: these annuities remain I'll.
most perpetual, while. in ten years,
the dead weight Of the naval and mi
Hilary pensions, by the deaths of in
divIduals now receiving them, will
be Iessened one half, and, in ten years
more. sink into almost nothing. The
total amouut IT the expenditure on
the balaace sheet am hunts to 49,.
a6e .pl4, rs. IL lad; the income,
a we before stated. to 57,672,9Y9.
IS. 4 Cd. leaving surplus Of l6,-
7.0.cs4, les. 5i-4d, paid into the
FxcheIuer above the expenditure of
the country. applicable to the sinking
fund, and reduction or taxation be-
side of near two millions, atfOrding
in prospect most important reliefto
the country. This paper exhibits. in
a most Satisfactory view, the rapidly
increasing resources of the empire.
There is now an actual sinking fund,
really applicable to the reduction Of
the national debt. which, il peace
should last for some years to come,
must make most serious inroad on
this great. and once almost hopeless
incumbrance. Each coming year
must also witness new dimunitions of
the public burdens, while our resour-
ces are at the same time progressive
iy increasing. and the finances of the
country acquiring confirmed strength
and stability. This is a most grati>
flying and cheering prospect; strik-
ing contrast to the gloom and des>
pondency that. some years since, set
tied over Great Britain, and carried
such universal depression in its train.
That such state of things may long
endure, the country each year in
creasing in prosperity, and rising