Delaware patriot & American watchman. [volume] (Wilmington, Del.) 1828-1828, 1828-12-05

pritciples, pr6pious to G great and growing com.
nerce, already important to the interests VI our
country.
The condition and prospects Of The revenue are
more favourable than cur most sanguine expecta-
tions had anticipated. The balance III the lrca-
sury Oh the first uf January last, exclusive q "
moneys received under the Convention oi Ism No
yembcr, lS46 with Great Britain, was live millions
eight hundred and sxty-one thousand nine hundred
and seventy two dollars and cighiythrce cents.
The receipts into the Treasury from the first Of Jan
nary to the SOth Of September last. so tar AS they
have been ascertaned oform the basis OF an estimate,
amount to eighteen millions six hundred and thirty
three thousand fine hundred and eighty dollars
and twenty cents, which with the receipts OF the
present quarter, estimated at live millions Tour nun
dred and sxtv-one thousand two hundred and ei.h-
ty three dollars and forty cents. form Al aggregate
IF receipts during the year Of twenty Tour millions
and ninety four thousand eight hundred and sixty
three doals and sixiy-seycn cents. The cypendi
lures of the year may probably amount TO twenty
five millions SIX hundred and hiity.even thousand,
Eve hundred and eleven dollars and sxtythree cents
and leave in the Treasury. On the first Of January
next, the sum of five millions one hundred and
twenty-five thousand six hundred and Thirty eight
dollars, fourteen cents.
| The receipts of the present year have amounted
to near two millions mnre than was anticipated at
the commencement OF the last session of Congress.
The amount Of duties secured on lrnportations
from the first Of January to the Goth September was
about tweptyt millions nine hundred and nine
ty-seycn thousand, and that Of the estimated accru-
iig revenue is five millions leaving an aggregate
lar the year Of near twenty eight millions. This
is one million more than the estimate made last De-
ccber or the accruins revenue Of the present year,
which with allowances .or drawbacks aud contingent
deficiencies expected to produce an actual rcye
nue OF Twenty-Five millions three hundred thousand
dollars. Had these on, been realized, the cypendi
lures Of tie year would haze been else proportional
Is reduced. For Of these twenty-iour millions re-
ceivcd upwards Of n,re mlllion, have beeu applied
20 tic extinction Of pablic debt bearing an interest
Of SIX per cent a wear. AMI Of course reducing tht
burden Of interest annually payable in future
by the anoart Of more Than lAlf million. III;
payments oE account Of interest during the current
year exceed three millions Of dollars !; preseniin.
an aggregate ot more than twelve millions apple,
during the year to the discharge Of the public debt
The whole Of which remaining due on the first o
January next will amount only to lity.csht millions
tare, hundred and slxty-two thousand one hnhdres
and thrty-ive dollars, AMI seventy eight cents.
That the revenue Of the ensuing year will no
fall short Of that received in the one now expiring
there arc indications which can scarcely prove de
v
forty years has shown that whatever the tariff Il
duties upon articles imported from abroad has beer
the amount of lmportations has always borne as
cragc value nearly approaching TO that Of the export
though occasionally differing in the balance. som
times being more, and sometimes less. II is indeed
general law of prosperous commerce, that the re;
value OF exports should, by a small and only u sma
balance, exceed thai Of imports, that balance bcin
/. a permanent addition TO the wealth Of the naoi
,f ~ II.
tion must be regulated by the amount Of is e,
i ports ; and an important addition TO the value
! these will draw after It a corresponding increase
inspirations. II has happened, in the vi,situdes
the seasons, that the harvest, OF all Europe have
G the late summer and autumn fallen short Of the
= usual average. A relaxation cf The inter,l,ct upt
i the importation Of grain and flour from abroad h;
i ensucd propitious market has been opened
: the granaries Of our country :; and a new plospc
ii Of reward presented to the labours Of the husban
u man, which, for several wears, has been drnic
This accession to the profits of agriculture in Il
/, middle and western portions Of our Union is acc
g dental and temporary. 1t may continue only for
il single year. tmay be- as has been often ezperen
al cd IN the revolutions of time, but the first Of
(. scanty harvests in succession. We may cons der
b. certain that. for the approaching year, it has add
At an item OF large amount to the value OF our Ell Or
is snd that It will produce corresponding mere
IT, lnpotaions. Ii NAV, therefore, confidently
d. lcrcseen, that the revenue of 1929 will equal al
r. probably exceed, that Of 1923. and will afford t
! means Of distinguishing ten millions mere If t
he principal of the public debt.
o This new element Of prosperity to that part Of Of
a agricultural industry which is occupied in produc
s; The first article OF human subsistence. is OF the IN,
er cheering character to the feelings of PATRIOTS
It Proceeding from cause which humanity will viz
Y with concern, the suntrnss Of scarcity in di,a
I'D lands It yields con.oatory reflection, that Il
ii scarcity Is in no respect attributable to is. I'll
e, i comes from the dispcnsation Of Him who orda
all ~ wisdom and goodaess and who crmts 9
ne itseii only as an instrument Of good. bat far FRI
tI cUTtilJitlDr tn fins ty Ia