The Virginian. [volume] (Lynchburg [Va.]) 1822-1829, 1827-12-20

/ O. this difference, upwards ol sloo.ono
were caused by Posipaacmruis ~ The saIes
of the Public Lands. The c,tmanr, in ia26
Of receipts from this source, tor ISa1, va fS.
+ ed at S2OOo.ao0 lhls was luuuded III ftnrt,
rs stated in the report ,ou expected sales oil n
considerable quantity of rrtuqr,shed innds
] - Aehama. These salrs having bren pct
pb'rd unlil ls2s the amount which Il wns es-
timu'ed thev would We'd shouts therefore b.
stricken from he estimate. n i'h tbs drauc-
ton, the amount produced hv tie saies al t.
Public Lands in ~ VII br tnuod Ia corfe..
pond verv nearly in all other particular. win
the estimate.
The remaining ilircnrc has len in the
customs Ihis ha- ptareed"d uam fhe Ut
c"r'aulcs thai rftend all -,timpt,.s al the It
venue depending 0pon 10 elgu commerce, =
SIT ever uncertain, Thr-c rs'iuate+, vile
Their gwen by tins Depaltmcui or h, I'm.
miiteeS of Cog g. specially scrallnizlHe
them uH1rr all TIE lights altauahle, Inv Of
tn heretofore from cause. impossible 10 Inv
been toreku5wn. heen drsuupolnied hv IT,
result The disappointment has heen some
nne1 upon a lareer, sometimc- nrnn snal.
Ter scale Such rstmntps therefore. en- on
no occasion be regarded ~ nay other hah.
than ne az aPrroSinaI ion lo lhot sum. always
dcsirahl" 10 he knoWn, but rarely. II ever. IN
II long series al yeats. forttold with precision
The cstimales presented tor 1922 we're turn
ed upon hasos which had the sanction oil past
experience, III giving rem .ouNhle promise 81
a fair approach Ia the true result. Whilst on
the enc -lIe, expectations Of redundant in
come should not be too confidently ndnlged.
il become II duty, on the other, moi 10 III.
mate IT," rrceipfs heloW the amonni which
the usual probabilities seem 20 warrant, lrst
tn public service should be stinted IN any
{ fat, -.
atoms of Congress. The mportations Tor
1927, taking into account the calendar sear,
Will il is believed, ns before intimatrd, eh-
| 'eed the Iuporletions OF 1895 Bu those Tor
the two first quarters Of 1921 have been very
small. Had thry horne the same proportion
10 those OF the Two last quarters that the III.
portationsoi the Two first quarters have barHe
10 hose OF the two last, On mn average al i've
! yearS preceding. the actual receipts iufo thu
| Treasury from the customs in 1897 would
have been larger. This effect would haye
| crown out of the terms of credit inflow al ~
| duty bonds. BY these terms portion uf lhr
payments always fall due within tb,. ear on
,mporallons made during the fri ii, month";
81 the year The average rmpurlntlons for the
| first SIX months during five years TINT prerrd.
ed lS27. were larFcr lhan those for the last
six months. For ri, there Is cvtrN prnba
nifty that this ratio u imuprtations on the
time of the whole year will be- reversed. II
Is 90, rs far as yet asrertaiurd ", arr re
| minded, even by the experience ol rrrnnl
wears, ot the frequent variations between ihr
anticipation, the is-np IN tli. rart al our H.
caisysten. Ia lsl7 #thecstimnirdr oceipfsi rr N
tn Gus omswrre II 100000, nndtbr Gctnal re-
ccip.a q 2S3.3 S. IN ISIS, the estimnfrd re-
&c, ts we're ~ ooe ,oee, asd the aciualfaeeipf.
hl7l76,3s5 iulsl9 ls2a y 1891 tht esiifsal,s