The Delaware register, or, Farmers', manufacturers' & mechanics' advocate. [volume] (Wilmington, Del.) 1828-1829, 1828-11-29


vorabe than angune expectations had anticipated
The balance in the Treasury the first of January last
elusive of the moneys received under the Convention of 18th
November, 1896 with Great Britain So sci 1872 S3-
The receipts into the Treasury from the first of January
the 3Oh of September last far they have been
tanned form the basis of estimate amount to 1862,
$50 81 which, with the receipts of the present quarter es
mated 50 1888 40, form aggregate of receipts during
the year, of 24 O94 1868 g. The expenditures OF the year
may probably $25 637 5l 3d. and leave in the
Treasury the rs OF January next the OF $5 l25
63S IA
The receipts of the present year have amounted
two millions than anticipated at the commencement
of the last session of Congress-
The amount of duties secured impoations from the first
of January the Both September was about OO0 and
that of the estimated accrung five mlons leaving
an aggregate for the year of twenyeight millions
This one million than the estimate made last Decem-
Der for the accung Of the present year. which with
ALLOW for drawbacks and contingent deficiencies
peced TO produce actual of $22,3O Had
these only been realized the expenditures OF the year would
have also proporonay reduced For of these twenty
four millions received, upwards of nine millions have been
applied the extinction OF public debt bearing interest of
six per year, and OF reducing the burden of in
annually payable in FUTURE by the amount OF more than
half Million The payments on account OF interest during
the current exceed three millions of dolars presenting
an aggregate of than twelve millions applied during the
year the discharge of the public debit the whole of which
remaining due on the st OF January next viii amount only
20 SOS, 1862, 1876 78.
That the revenue Of the ensuing year will not fall short of
that received the expiring, there indications
which scarcely prove deceptive In our country, an uni
tariff of duties upon articles imported from abroad has been
the of mpoatons has always borne val
ue nearly that of the EXPORTS though
sionaiy differing in the balance, sometimes being more and
sometimes less 1t is indeed general law of prosperous
commerce. that the real value of exports should by small
and only small balance exceed that of Imports that balance
being permanent addition to the wealth of the nation The
of the prosperous of the nation must be
guaed by the amount of its eXports and important add
ZION the value of these will draw after corresponding
increase of mportaons 1t has happened the vcssudes
of the seasons that the harvess of all Europe have, the
Fate summer and autumn, fallen short OF their usual
relaxation of the inerdct upon the importation of grain
and flour from abroad has ensued poptious market has
been opened the granares of couny and pros
pec of reward presented TO the abors OF the husbandman
which, for several years. has been denied This accession to
the profits of agriculture the middle and portions
Of our Union accidental and temporary 1t may continue
only for single year 1t may be- has been often expert
enced in the revolutions of but the first of several
" harves succession We may consider it certain that
M the approaching year. has added item Of large amount
70 value of EXPORTS and that will produce
pondng of mportatons. 1t may therefore, conf
DENLY be oreseen that the of 1929 will equal and
probably exceed that of 1928, and will afford the
exngushng millions of the principal of the public
debt.
This new element of prosperity to that part of our
agricultural industry which is occupied in producing
the first article of human subsistence, is of the most
cheering character the feelings of patriotism. Pro-
ceeding from a cause which humanity will view with
concern, the suferngs of scarcity in distant ands it
Yields consoatary reflection, that this scarcity is in
no respect attributable to u.s. That it comes from the
dispensation of Him who ordains all in wisdom and
goodness, and who permits evil itself only nsru
1nent of good. That far from contributing to this
scarcity orr agency will be applied only to the aev