Martinsburg gazette and public advertiser. [volume] (Martinsburg, Va. [W. Va.]) 1826-1833, 1826-06-15

policy. and must stand or fall together, for
should the enemies OF the tariff succeed IN de-
f.ating internal improvements, on which aione
the surplus revenue derived from the tariff can
be extended, the argument that there IS no use
for th- revenue, will at once be urged by them
In favor OF the repeal of the duties. II - then
alike the interest and the duty Of the friends OF
the tariff and internal Improvements. to unite
IN sustaining add UNFOLDING this system OF pom,
CIV, by which the tsxes Imposed tor purposes Of
protecting the national industry, vii be en
ployed IN promoting national improvements,
and the tolls and revenue derived from these
may be devoted to purposes ct education, and
mental Improvement, thus making taxation
blessing instead of burthen to the country.
WAYS AND MEANS The committee,
believing that they have thus demonstrated The
importance Of this work, and that general
system of improvements will shortly be COM
menced BY the General Government, beg leave
20 suggest some reasons why, in their ludg
ment, II should meet with prompt and efficient
aid. without waiting The total exlingushment
of tue national debt; IN commencing any great
system of measures, II IS the par. OF wise and
prudent policy to commence gradually and
cautiously. One imprOvident and wasteful ex'
pendtture al first, may have the most injurious
etfects-by this means also, We will elicit i'm.
prooements IN the var Ius plans and modes o.
cunst ructon, oser d1Berent elevations surfaces,
&C. whereas if we do nothing until We nave
discharged the whole Of the national debt IN
1899, and then commence in 1850, with. a sur
plus Of S25, 652. 525 90, according to the re-
port of the committee OF ways and means, with
oui skill, without experience, without improved
plans, and without economy, producing a fever
lsh and unwhOlesome circulltion ia the body
polite, by throwing at once such vast sum,
ints circulation, raising, by the great demand.
the price of labor and provisions, so not on
ly TO make the public works much more costly
10 the Government. bUt to crush manufactures
by the operation and Influence Of the same
causes.
The committee would therefore suggest
whether it were not better to apply annually
the existing fund of $1,000 900 per snnum to
the national debt, and employ the surplus OF
S. o00. 0JO. IN promoting internal Improve
ments, until the national debt is extiBgulshed
OF to adopt the plan recommended few day
ago, BY the Committee of the Senate B,
eilher plan, the final discharge of the debt viii
only be delayed few years; and in the rAear,
ume, according to the report of the committee
Of ways and means, we Shall have 100000
annually OF a surplus, for purposes of national
Improvement This policy would not only have
the happy effect of equallzing the payments
by throwing forward tie surplus debt of the
three next years, beyond the means of the
Treasury to discharge and distribute it through
he four succeeding years, when the amount
redeema5le viii fail greatly within our means.
besides. this arrangement will be sdvantageou,
and gratifying to the public creditors, who de.
precate nothing more than the too rapid dis.
charge OF he debt due them by the Govern
ment. The result, according 10 the plan pro-
posed by the Comnittee OF the Senate, would
be as follows, viz;