Lancaster gazette. [volume] (Lancaster, Mass.) 1828-1830, 1828-12-09

termined purpose for the dispensation of
Justice. have much pleasure in informing
Congress that the fulfment of this honour
able promise is now in progress that small
portion of the claims has already been set
tied, to the satisfaction of the claimants and
that we have reason to hope that the re-
mainder will shortly be placed in a train of
equitable adjustment. This result has al
ways been confidently expected, from the
character of personal integrity and of be-
nevolence, which the Sovereign of the Da-
nish Dominions, has through every vicissi-
tude of fortune maintained.
The general aspect of the affairs of our
neighbouring American nations of the south,
has been rather of approaching than of set
tied tranquility. Internal disturbances have
been more frequent among them than their
common friends would have desired. Ourin-
tercourse with all has continued to be that of
friendship, and of mutual good will. Trea-
ties of commerce and of boundaries with the
United Mexican States have been negotat-
ed, but from various successive obstacles,
not yet brought to final conclusion. The
civil war which unfortunately still prevails
in the Republick of Central America, has
been unpropitious to the cultivation of our
commercial relations with them; and the
dissentions and revolutionary changes in the
Republicks of Columbia and of Peru, have
been seen with cordial regret by us, who
would gladly contribute to the happiness of
both. 1t is with great satisfaction, howev-
er, that we have witnessed the recent con-
cluson of peace between the governments
of Buenos Ayres and Brazil, and it is equal
ly gratifying to observe that indemnity has
been obtained for some of the injuries which
our fellow-citizens dad sustained in the lat
ter of those countries. The rest are in a
train of negotiation, which we hope may ter
inmate to mutual satisfaction, and that it may
be succeeded by Treaty of Commerce and
Navigation upon liberal principles, propitious
to great and growing commerce, already
important to the interests of our country.
The condition and prospects of the Reve-
nue. are more favourable than our most san
guine expectations had anticipated. The
balance in the Treasury, on the first of jan
uary last, exclusive of the moneys received
under the Convention of 18th November,
1896, with Great Britain, was five millions
eight hundred and sixty one thousand nine
hundred and seventy two dollars, and eighty
three cents. The receipts into the Treasu-
ry from the first of January to the Both of
September last, so far as they have been
ascertained to form the basis of an estimate,
amount to eighteen millions six hundred and
thirty three thousand nine hundred and
eighty dollars and twenty-seven cents, which
with the receipts of the present quarter, es-
timated at five millions four hundred and
sixty-one thousand two hundred and eighty
three dollars and forty cents, form an aggre-
gate of receipts during the year of twenty
four millions and ninety four thousand eight
hundred and sixty-three dollars and sixty
seven cents. The expenditures of the year
may probably amount to twenty-five millions
six hundred and thirty-seven thousand five
hundred and eleven dollars and sixty-three
CenIs anu reoyc. III the II CuSesryy e'z1- che
first of January next, the sum of five mil
lions 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 more than
was anticipated at the commencement of the
last session of Congress.
The amount of duties secured on impor-
tations from the first of January to the Both
September was about twenty-five millions
nine hundred and ninety-seven thousand,
and that of the estimated accruing revenue
is five millions; leaving an aggregate for
the year of near twenty-eight Millions
This is one million more than the estimate
made last December for the accruing reve-
nue. of the present year, which, with allow
ance for drawbacks and contingent defcien-
cies was expected to produce an actual rev.
enue of twenty-five millions three hundred
thousand dollars. Had these only been re-
allied, the expenditures of the year would
have beensalso proportionally reduced. For
of these twenty four millions received, up
wards of nine millions have been applied to
the extinction of the publick debt bearing
an interest of six per cent. year, and of
course reducing the burden of interest an
nually payable in future, by the amount of
more than half million. The payments on
account of interest during the current year
exceed three millions of dollars; presenting
an aggregate of more than twelve millions
applied during the year to the discharge of
the publick debt, the whole of which remain
ing due on the first of January next will
amount only to fifty eight millions three hun
dred and sixty-two thousand one hundred
and thirty-five dollars and seventy-eight
cents.
! That the revenue of the ensuing year will
not fall short of that received in the one now
expiring, there are indications which can
scarcely prove deceptive. In our country,
an uniform experience of forty years has
shown that whatever the tariff of duties up
on articles imported from abroad has been,
the amount of importations has always borne
an average value, nearly approaching to
that of the exports, though occasionally diff
fering in the balance, sometimes being more,
and sometimes less. 1t is, indeed, gene
raj law of prosperous commerce, that the
real value of exports should, by small, and
only a small, balance, exceed that of imports