Martinsburg gazette and public advertiser. [volume] (Martinsburg, Va. [W. Va.]) 1826-1833, 1828-12-25

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twenty Eve thousand six hen5sed aud thirty
eight dollars and fourteen cents. This balance
will be subject TO the appropriations of mo-
news for the service Of 1923, that have not as
yet been called for, sum estimated at three
fniIlionss Eve hundred thousand dollars; and
includes the one million Of dollars in funds not
now effective, as heretofore explained.
Estimate IF Repenue and Expenditure for
I9l9.-rhe gross aBount of duties secured by
Custom House bonds, during the Tree first
quarters OF the present year. IS estimated at
twenty two mildoos nine hundred and ninety
seven thousand dollars; and the amount that
will be secured during the fourth quarter, at
five millions; making an aggregate for the
whole year OF twenty seven millions nine hun.
dSed and ninety seven thousand dollars. The
debentures, for drawback Of duty, issued dur
ing the first qIsfters amounted to two MILL
nine hundred and sixty two thousand FIVE hun
dred anG eighty four dollars and fifty FIVE cts.
and the amount outstanding on the last day OF
the thiEd quarter, was lwo millions two hun
dred and SIXTY one Thousand seven hundred and
ninety eight dollars and five cents, Of which
one million forty five thousand one hundred and
forty four dollars and forty sin cents are charge
able upon the revenue Of 1879 The GmOunt
OF bonds in suit, at The c ose Of the third quar-
ter, was four million six hUodfed and twenty
four Thousand two hundred and seventy eight
dollars and seventy five cents; which exceeds,
by four hundred and eighty seven thc~ssnd four
hundred rnd sixty six dolsrs and eleven cents,
the amount that was in suit on the correspond
nag day II 1897.
Making the proper deductions on the fo-ego.
ing and 9tber accounts from the gross amount
OF duties secured in 1873, the revenue 10 be
received from the Customs in 1929 may be es-
tiTnated at twenty one mi lions five hundred
thousand dollars; that from the sales of the
public lands may be put down at one million;
that from bank dividends at four hundred and
ninety thousand dollars; and that from inciden.
tai sources st about one hundred and fifty tn u-
sand; making to,ai Of twenty three millions
and forty thousand dollars, The expenditures
are estimated thus: For the whole civil list.
including military establishments and objects
IN connexioD with them, five millions and sixty
thou sand; and for the ns'a, four millions four
hundred and twenty thousand, making in the
whole, twenty one millions, SIX hundred and
forty thousand dollars, ana giving an excess Of
receipls for the year 1929 expenditure, Of one
million five hundred thousand
The receipts tor 1873 were estimated at
twenty two millions thFee h Hndred thousand
doAars; but are Likely 10 amount IN point of
fact, 10 aboye twenty four millions The Pc
ceips Tor 1879 are estimated as is seen above, at
twenty Que miilons one huadied and forty
thousand II has been console red safe TO place
them by any decided anticipation, at a higher
sum; vet there are appearances IN the CONNER
clal and political world which, in their further
develoPement, Hay carry the actualpeceipts o!
1879 at least IS far above her estimated a.
mount as is likely to be the case with those al
1928. II. for eygmple, without aliudipg to 9th
eF contingencies, any Continued or further &C
tvi'y IL tue deuIapd for gram and -four should
lead to heavier explorations f cur produce ilan
usual, within few months to come there
would OF course tie reaow of heavier i'm pefta-
TONS. !he revenue Of. 1879 would feel the
effect ct thes increased receipts; because even
nnJef th- eng credits allowed Oh duty bonds
portion II tie duties that accrue within the
Year are rece v.5ie within the year hul such
eTeets as thcse, although Il. perhaps. DO be in.
ciuental'y huted at, are To be viewed with
csu'on as tlte ground wo,k ii any positive Fl
eancial calculations, and accordingly have been
adopted IN that sense, upon the present occa
sln,.
Upon the whole, in bridging this report to
CLOSE; here i, no room tvs arusling u feeling OF
con- ratGiation to the national legislature, with
the statements which il has cxhbited The re-
ceip's Ct The existing Yesrg greater by nearly
two millions than hsj been f)resepp, with
prospect OF income toF the nexis scarcely less
ah1pdaol; The receipts of the last four years
presented large and gratifying excess over
those OF the tour years preceding; the foreign
commerce efthe country in state OF soid pros
perity from the improving oondtioa of lis
leading departments of industry az hom.. and
consequent increase in the deportation 0. its
products; the increase OF ITS tonnage, that foun
daton OF naval strength, as wei! as commercial
riches, keeping pace with the increase ofcoHy
merce: the public debt annnsily sIG rapidly de
creas,ng; un,,er the application of surplus
funds ann .s'ly and rapidly increasing; the pub
lie t..venue preserved n al equal value in every
part ofthe Union through the power oi transfers
promptly made by The bank of the &. States.
without expense or risk to the nation, and the
currency maintsined in heathful state by the
same institution snch is the great outline of the
Gnsncia, and coinmercisi condition Of the coun-
tr.;a condition the result of coed laws !Cith
fully administered, and of the aggregate INDUS
Try of an enterpsislng and free people.
all which is respectfully submitted.
IiCRARD RUSH.
TRBksuRY DEPARrMsSr,
December 9th, 1928.
,EEhn[ Is TO be fbs dpsf;ny If This HEDubIr