Edwardsville spectator. [volume] (Edwardsville, Ill.) 1819-1826, 1824-01-27

S27, 53o,469; being S5.244,267 moro
than those exported IN the preceding
year.
All. That the aggregate value OF the
Imports into the Uniled States, during
the year ending on the 30th September
last, is estimated al ST., 4o6 4S2; which
is less by S5,755,lo9, tnan those import
ed IN the preceding year.
n. That The amount OF custom-hous
DO DIS, in sui, which, on The Soth OF
September, 1920, was IS 10000, was,
on the same Gay, IN the year 1922,
2 795 900, and, in the year 1928, 2.8l7,-
900; whence, it appears, thai, although
a reduction OF 3 5000 had taken place
durin., the whole period, yet the amount
in sui on the 5Olh oil September last,
was greater, BY $4,000, than on the same
daY of the year preceding.
Upon consideration OF all these iacts,
and the conclusions deducible from them,
The receipts from the customs, IN the
year 1924, may be estimated at $780,
600 dollars.
A considerable portion of the lands
rellnouishod under the act OF the Sd
March, 1921, viii be brought into mar
ket il the ensuing year; but as II IS YET
uncertain 10 hat extent this may be
deemed advisable, and as the sale oil
these lands will probably absorb great
portion of the means OF those who are
prepared to make investments IN the
public lands, ii is nsldered prudent
not 10 estimate the receipts rem this
source of revenue at more than S 600.
0Oo although it is believed, thai tne]
wi exceed that sum.
Under these circumstances, the re-
ceipls of the wear 1894 may be estimated
as follows: Customs, 1880 ooo; pub
lie lands, 100000; bank dnldends,
$4,000; incidental receipts, including
4tleafs Of internal duties and direct tax,
so 600; repayments of advances made
IN the War Dep rtment Tor services or
supplies prior to July |, 1916 10000
making together $3.50 900; L whlrh
is TO be added the sun OF 6 400 800 30,
remaining in th2 treasury, alter saeIsil ing
all the appropriations chargeabie upon
the means of 1928, which makes the en-
tire means Of the year | 81, amount to
25,Ol6 969 80 The expendi ures Of the
year 1924 are estimated as toll ws Ci-
vii, dap lomaic and miscel ianeOus, /, 8 | T.
057 %; military service, including for
uiicaions, ordnance, Indian departme nt,
luiionary and military PENSIONS, arm
. !, DrI n
Is, Jan. 1917, 5,l22,268 Is; naval SER
vice, including the gradual Increase OF
the navy, 2,973,927 81; public deb,
5,3l4 0oo--naking an aggregate OF l5,-
224252; which, beng deducted from
the estimated means OF 1924, will leave
IN the treasury, on The Isl Jan. 1928, al
t,r satisfying he carrent demands OF the
year 1924, balance estimated al 1892
7l6 ii.
Under The existing laws there is no pro-
babiity bat ny poruon oil the balance
remaining IN toe Treasury on the Isl OF
January, 1924, or OF the surplus which
may accrue during bat yeAr, can be APP
oiled 10 the discharge of the public debt,
anti the Isl OF Janhary, 1925. Yet, it
IS not deemed conducive 10 the general
prosperity OF t nation, that SO large all
amount should be drawn from the hands
of individuals, and suffered 10 lie mac
i've in the vaults OF the Banks. On the
other hand, the hi rate OF interest oil
the great amount o. debt which becomes
redeemable on the Isl OF January, 1925,
renders it inexpedlent for the govern
ment 10 apply % other objects any por-
ton of the means which ii may possess
OF making SO advantageous a reimburse
ment. Ii is believed, however, that eve
ry inconvenience may be obviateo, il
authority be given for the purchase Of
Inc seven per cent. stock, amounting 10
S8.6l0,O00, during the year 1924, al
such rates as may be consistent With the
pubic interest. As i IS now certain
chat the government will possess ample
means 10 redeem tat stock on the Isl
oi January, 1925, It is presumed tina, the
holders viii be willing t. dispose of it,
during the interval, at ia rprice and, as
gradual conversion of it INTO money, al
such times, and in such portions, as
would be most favorable 10 It's ia, est
menl, would be mos, advantageous 10
the moneyed trans &c lions Of the commu-
My, 1t is presumed that it would DC most
acc eplabie 10 the holders.
1t is, therefore, respectfully proposed,
that The Comm ssioaers OF the Sinking
Fdnd be authoriz ID TO purchase the Sc
ven per cent. stock, during the ensuing
year, al the following rates above the
principal sum purchased:
|. For all stock purchased before the