American watchman and Delaware advertiser., 1825-12-09

annitjes TO them and upwards of million for objects OF
Internal Improvement authorized by special Acts OF INC
last Congress If we add these, four millions o dollars
for payment of interest upon the public debt there re-
mains sum of about millions, which have betrayed
the whole expense of the Administration of Government
in its Legislative Executive, and judiciary departments
including the support of the Military and Naval Establish
ments, and all the occasional contingencies OF GoVer-
ment co-extensve with the Union
The amount Of duties secured on merchandise
imported, from the commencement of the year, is
about twenty FIVE millions and half; andihat which
will accrue during the current quarter, is estimated
at five millions and half from these thirty -onc
millions, deduc,ing the drawbacks, estimated at
less than seven millions, sum exceeding twenty
four millions will constitute the revenue oil the year;
and will exceed the whole expenditures OF The year.
The entire amount Of public debt remaining due on
the first Of January next will be short o eighty
millions OF dollars.
BY an Act of Congress ofthe third OF March last,
loan Of twelve millions Of dollars was authorised at
four and hall per cent or an exchange OF stock to
tina, amount oil four and half per cent. for stock
of six per cent: to create fund for exingushing an
equal amount Of the public debt, bearing an interest
of six per cent, redeemable in 1896 An account
o the measures taken to give effect to this Act Will
be laid before you by the Secretary oil the Treasury
As the object which it ha,l in view has been but par
TALLY accomplished it will be for the consideration
Of Congress, whether the power with which 1t
clothed the Executive should not be renewed at
an early day Of the present Session, and under what
notifications.
The Act Of Congress OF the third of March last,
directing the Secretary o the Treasury to subscribe,
in The name and for the use of the United Staes for
one thousand five hundred shares Of the capital
stock OF the Chesapeake and Delaware Canal Com
pany, has been executed by the actual subscription
for the amount specified and such other measures
have been adopted by that officer, under the Act, as
the uhment Of It's intentions requires. The latest
accounts received Of this important undertaking,
thorse the belief that it is in successful progress.
The payments into the Treasury from proceeds
OF the sales Of the Public Lands, during the present
year, were estimated one million Of dollars The
actual receipts oi The first TWO quarters have fallen
very little short OF that sum: IL is rot expected that
the secoud hall OF the year will be equally produc
tive but the income OF the year from that source
may now be safely estimated at million and half
The Act Of Congress OF 18Th May, 1924, topro-
vide Tor the extngushmen OF The debt due to the
United States by the purchasers OF public lands,
limited, in its operation of reliei to the purchaser.
to the tenth OF April last. Its effec, a, the end OF
The quarter during which it expired, was to reduce
that debt from ten to seven millions. BY the ope
ration OF similar prior laws OF relief from and since
that OF I'd March, 1927, the deb, had been reduced,
from upwards os twenty-tw millions, to len. 1t is
exceedingly desirable that it should be extneuished
altogether; anc 10 facilitate that contamination re-
commendto Congress the revival, for one year more
OF the Act Of the 18th May. l824, with such prov-
slona modification as may be necessary to guard the
public interests against fraudulent practices n the re.
sale of the relinquished land The purchasers ofpub
lie lands are among the most useful Of our ielow.c-
zens, and since the systt Of sales for cash alone has
been introduced, great indulgence has been Justly
extented 10 those who had previously purchased upon
credit. The debt which had been contracted under
the credit sales had become unweldIy, and its ex
incton was alike advantageous to the purchaser
and the public. Under The system of sales, mstur
ed, as 1t has been, by experience and adapted to the
exigencies OF the times, the lands will continue, as
they have become, an abundant source OF revenue
and when the pledge Of them TO the public cred
tor shall have been redeemed by the entire dis
charge OF the national debt the swelling tide OF
wealth with which they replenish the common Trea
sury may be made to rehow in unailing streams OF
improvement from the Atlantic TO the Pacific Ocean
The condition Of the various branches Of the
public service resorling from the Department OF
War, and their administration during the current
year, will be exhibited in the Report of the Secre.
tary OF War; and in the accompanying documents
herewith communicated. The organization and
discipline OF the army effective and satisfactory
10 eounteract the prevalence OF desertion among
the troops, 1t has been suggested to withhold from
the men small portion OF their monthly pay, until
the period OF their discharge; and some expedient
appears to be necessary, to preserve and maintain
among the officers so much Of the ar, of horseman
ship as could scarcely fail to be found wanting, on
the possible sudden eruption OF a war, which should
overtake us unproyided with single corps of ca
valry The Military Academy a, West Point.
under the restrictions of a severe but paernal su
perntendence, recommends itself more end more
to the patronage Of the Nation; and the number OF
merllorlous officers which it forms and int oduces
to the public service furnishes the means of .uti
plying the undertakings of public improvements,
TO which their requirements at that institution are
peculiarly adapted. The school of Artillery prac
tlce. established ~, Enrtreao Nooroa (.