Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1827-12-04

tfops of the last, and presenting an aspect still
more favorable in the promise OF the next. ne
balance in The Treasury on the hrst ef Jannar!
last was six millions three hundred and fifty
eiel, thousand six hundred and eighty-six dot
lars and eighteen cents The receipts from
that day to The 3orh of September last, as near
| as the returns Of them yet received can SHOW,
amour, 10 sixteen millions eight hundred aud
eighty six Thousand five hundredand eighty
one dollars and thirty tive Cents. he receipts
Of The present quarter, estimated al four mil
lion, Eve hundred and fifteen Thousand, added
10 the above, form en- aggregate VI twenty one
millions four hundred thousand dollars OF re
ceip,s. The expenditures of the year may per
hap. amount to twenty two millions three hun
dred thousand dollars, presenting small e1-
cess over the receipts. Bn, ct these twenty
two millions, upwards Of six have been applied
10 the discharge OF the principal OF the public
ebt; the whole amount Of which, approaching
| seventy four millions he first Of January
last, will on the frs; day Of mex, year fall shor,
| Of sixty seven millions aud half The balance
in The Treasury on the first OF January next, il
is expected, will exceed five millions four hun
dred and ffty thousand dollars, a sum exceed.
ing tina; Of the first Of January, 1925, though
filling shor, of that exhibited OF the hrst oil
January last.
twas foreseen that the revenue Of the pres
ent year would not equal that of he last, which
| had i self been less than that ot the mkt pre-
cedinp year. Ru, the hope has been realized
shich was cuterl aimed, that these Deficiencies
would in 20 wise interrupt The steady opera
ton Of the discharge Of the public debt by the
| annual ten millions devoted TO that o3Jrc: by
the Act Of Sd March, 1917.
| The amount Of duties secured on merchants
| disc imported from the commencement of the
year until the 3olb Of September last, is twenty
one millions tw hund-s d and twenty six thou
| and. and the probable amount oil that which
will he secured during the remainder OF the
year, is Eve millions seven hundred and seventy
four thousand dollars; forming sum total Of
twenty seven millions. With the allowances
| for drawbacks s. contingent dehciencirs which
may occur: though not specifically foreseen,we
may safely estimate the receipts of the ensuing
wear al twenty two millions three hundred
thousand dollars; a revenue for the next equal
to the expenditure Of the present year.
The dee u solici,ude felt by our citizens Of all
classes throughout the Union for the total dis
charge OF the public debt, will apologize for the
earnes,ness with which deem il my duty to
urge this topic upon the consideration Of Con-
gress- Of recommending 10 them again the
observance Of the striciest economy In the ap-
pIi cation Of the public funds. The depression
upon the receipts OF the revenue which had
commenced with the year 1895, continued with
increased severity during the two irst quarters
of the presen, year.-The returning tide began
TO fow With the third quarter, and SO far as
we can Judge from experience, may be expect.
ed to continue through the course OF the ensu-
ing wear. In the meantimeYaH alienation from
the burden Of the public debt will in the three
years, have been effected 10 the amount Of near
! ly sixteen millions, and the charge of annual
interest will have been reduced upwards Of
one million. But among the maxims Of poil-
| ical economy which The Stewards Of the public
moneys should never suffer without urgent ne.
cessi,y 10 be lransceded, is tina, OF keeping the
expenditures Of the year within the limits Of
lis receipts. The appropriations Of the two
last years, including the yearly ten millions OF
The sinking fund, have each equaled the pro.
missed revenue of The ensuing year. While we
fore,ee with confidence that the public Golfers
will be repIenished from the receipts, as fast
as they will be drained by the expenditures,
equal in amount 10 those Of the current year., it
should not be forgotten that they could III
suffer the exhaustion Of larger disbursements.
The condition Of the Army, and all the BRAN
ches Of the public service under the supeTin-
lcndence Of the Secretary Of War, will be seen
by the report from that officer, and the docu-
ments with which it is accompanied.
During the course OF tie las, summer, de-
tachment Of the Army. has been usefuliy and
successfully called TO perform their appropri-
ale duties. Atlhe moment when the Commits
sioners appointed for carrying into execution
certain provisions Of the Treaty Of August
18th, 1925, with various tribes Of the North.
western Indians, were about to arrive at the APP
pointed place Of meeting, the unprovoked mur.
der of several ci,izens, ard other acts Of une-
quivocal hostility committed by party Of the
Winebago tribe, one Of those associated in the
Treaty, followed by indications Of menacing
character, among other tribes Of the sane re.
gion, Rendered necessary an immediate display
OF the defensive and protective force Of the
Union in that quarter. TWAS accordingly ex-
hibited by the immediate and concerted move.
ments Of the Governors Of the Stale Of Illinois
and Of the Territory of Michigan, aud compe
tent levies Of militia under their authority,
with corps Of seven hundred men Of Cni,ed
| States troops under the command of General