The Virginian. [volume] (Lynchburg [Va.]) 1822-1829, 1824-12-21


ty had been so long wiihbeid, were PROMPTLY
paid. For these adyauces the public win be-
amply repaid, atno distant day, by the sale of
the lands in Florida. OF the great advanis-
ges resulting ffofn the acquisition OF the terri
tory IN other respects, too high an estimate
cahnot be formed.
II Is estimated thnt the receipts into th,
Treasury during the year ono Thousand eight
hundred aad twenty five, will be sufFicisnttc-
meet the dl,bnrsements OF the year, including
the sum OF ten millions OF dollars, which -
annually appropriated by the act, constituting
the Sinking Fund, 10 he payment Of the
principal and interes, Of The public debt.
The whole amount OF the public debt
ON the first of January next, may be esti-
mated nj eighty six millions Of dollars, in
elusive oftwo millions five hundred thou
sand dollars of the loan authorized by the
act of the twenty sixth OF May last. 10
this estimate is included stock OF seven
million dollars issued for the purchase ofthat
amount of the capital stock Of the Bank Of
tho u. S. and which, az tho stock Of the
Bank, still held by the Government, will at
last be fully equal 40 its reimbursement,
| ought not 10 be- considered as constituting
part of the public debt. Estimating then,
The whole amount of the public debt at se-
senty nine million dollars, and regarding
the annual receipts and expenditures ofths
Government, u well founded hope may bo
entertained, that, should no unexpected q
d;s,,.,saaI :, a.. a,,' 49,. uoUs ","y ~
| al. G' 80. ', ~ ~ 1" y'",e' SUI
,a. -. ,.,,.I. ..,ai. " ',,o''y '''''e"''
n,.. az, ~ ,,aap,,, e., '" 49,, W.. e,"' %
penscs, to such other objects "a may be
-. ,Y,.'.. a.. f'n W"
-. -, A., w '"v'"
r -. ~ .V ...,,, "I'y ".
L.. A.. ', ','"e
~. D. -, -. w w., W puon. .''uu" "a'
s,,n,,,,n -, a.. ,,,,,,,;. h'';,,,', !" 49,, 49,. s,
-, a. ....,,' ~ o.,,'b' '" WI" .ny'
c,.s, a,,,, =, a, y, ;'"I ','n .'ons vi"
H.. Ii,aaa. d. H. ,'.,'"'; Pa," VI
-. =, a.. v,;,a,,;ah -. s -, ~ ~ NV y"
H.. =, ,'sa..,r,,.,s 30 e.",;, w. ."'""
a...,,,,a.,;to'.. ~ G,''.i', Wv. ''''''y :" ~
.,,.il.,.,',.,., , w "no"' W ,o-
ia, a,, 80 ,',. ""' sv,'', """ W w
ohi.c,s IA. ,.,n.,s.. :, -, .n,,,,,i, d;,,,;n,.L
aud cease at no disian, period on most or
all. On the first of January, one thousand
eight hundred and seventeen, the public
debt amounted 10 one hundred and twenty
three million four hundred and ninety ono
thousand nine hundred and sixty Ave dol
lars and sixteen cents; and Notwithstanding
the large sums which have been spDlied tO
these objects, IL has been reduced since
that period. thirty seven million four hun.
dred aud forty ak thousand nine hundred
and sixty one dollars and seventy eight
cents. The las, portion or the public debt
will be redeemable on the first of january.
one thousand eight hundred ana thirty
five and while there is the best reason 10
believe that the resources of the Govern
ment will be continued ADEQUATE to such
psrtions Of il as may become due ia the in
icrval, il Is recommended To Congress 10
seize every opportunity which may present
itself, In reduce the rate oTlntcrest on every
part thereof. The high state of the public
credit, and the great abundance Of money
are NJ this time very favorable 10 such a
result II must he gratifying 10 our fellow
citizens, 10 witness this 1ourishing state or
the public finances, when il is recollected,
that no burthen Whatever has been imposed
upon them.
III. NI;;,.rv Cs,,Il;sh,ne,, II ali =.
,,r,,.,ho. J., ~ MISUNDERSTANDING ,h. ..,,,,,.
Jn,,,.s ,.a,;a,,'d - .,.h ;,,s,;c.a H. c,,nr
III ;,.,, ,,s, ,,roas.,',',d ~ -
aiancy or ;,s a,aa,;y.,;on a, ,be i.s, go.
s;on All ~, ,n,,ro,,r;,,;ons b.ys her
r,.nl,,ly ,nnl;.j r. ,I,c nb;ec,s intendod
h. Co,,,,,os' ,,l so C,r 90 ~. d;shnrsa-
n,.o,s 10 .. Boom ,,.d, ,hn account. h,..
la.,, ,.',,',,.,.I .,,,i I'LL ,.;,ho,', I,aa .,
,ho ,,,,,I;, M ,,nJ;,;n, nr IT,. a.,,u i,
,oIr ,a r..l.,.s io ,be n,,;rers and r,.y -
.c,.,co nd d;.ei,,I;n. /. L;olJ, ,.s.,ao,oi,,a
~. M;,;,,ry A,,d.,,,, 90 ,yh;oh H. A.
49,, .sso,',,'.I,, $500 -, ,.I;oi' !, !.
,, y ;,,a,r',.,, r." NV ".n
MN, bns az, ;n.J i, cnu,n,s;s y, lii .,
n,h.r ;na,;,n,;,'" :" ar " TIa t;nd r;,, a.. ~
ore n. If na,c.ci;on ~ t,ner;"ncs bn,sa, a
r.. .la,,,,, d., ,ha i;.,ia.,..J o,J:,;a
the corps of Artillery, is unfayorabe to the