Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1828-12-13

will be secured during the fourth q1ar,er'a' nse
f e millions; makisg an aggregate LOT Tue w"o'.
wear of twenty seven millions nine hundred anu
thousand dollars, j he deneh'ores'
for drawback Of duty, issued during tue 'h.e.
FIRST quarters, amounted 10 two milioEs h'he
hundred & sixty.lwo thousand i've hundieo ana
eieb,y.four dollars and fifty-hve cents; ana ."e
amour, outstanding on the last day OF Inc ."oo
quarter, was two millions Two hundred siAy
one thousand seven hundred * ninety,eiSh. aoi-
lars and FIVE cents, cf which Que million io,'y'
five thousand one hundred aud forIy-iour COL
lars and forty-siX cents are charSeao'e upo"
the revenue of 1929. The amount OF oohds I'D
suit, a. the close Of the third quarter was 'ou,
millions six hundred and twenty tour thoosana
two hundred aud seventy eight doiiars a"o
seventy>6ve CENTS which exceeds, oy 'ou' nun,
dred and eighiy-seven thousand iour hunu'eu
and sixty six dollars and eleven cents, me a.
mount thai was in sui, on the corresponding
day Of 1927.
Making the proper deductions on the iorego>
imp and other accounts from The gross amount
of duties secured in 1928, the revenue 70 oe
received from the Customs in 1929 may be
estimated a, ,wen,y.onc millions five hundred
thousand dollar>; that from the sales OF the
public lands n;av be put down at one million;
ihatfrom bank dividends at four hundred ana
ninety Thousand dollars: and tina, from incid n
1al sources at about one hundred and h''y thou
sand: making total of twenty three millions
one hundred and forty thousand dollars. The
exncndi,u,es are estimated thus: For the whole
civil list, including miscellaneous obycls and
the ten millions for The debt, twelve millions
one hundred and sixty thousand dollars; Tor
| it, ,bl rb
ncxon with them, five milltors and sixty thou
sand; and for the naval. four millions Tour hun
dred and twenty thousand; making in the
whole, twenty-one millions, six hundred and
forty thousand dollars, and giving an excess oil
receipts for the year l829 over its expenditure,
Of one million FIVE hundred thousand dollars.
The receipts for 1923 were estimated al
twenty-five millions three hundred thousand
dollars; but are likely 10 amount, IN point oil
fact, to above twenty-four millions. The re-
ceips for 1929 are estimated, as is seen above,
at :wenty-ihree millions one hundred and forty
thousand. 1t has not been considered sale to
place them, by any decided anticipation, at a
higher sum; yet there are appearances In the
CONNIE rcial ard political word which, IN their
further development, NAV carry the actual re-
ceips Of 1929 a, least as far above their es'lmat-
ed amount, as is likely 10 be the case with those
If 1928. If, for example, without abiding 10
other contingencies, any continued or further
activity in the demand for grain and Hour
should lead TO heavier expectations oil our
produce than usual, within few months &c
come, there would Of course be re'!low oil
heavier imporlations The revenue OF 1928
would feel the effect Of these increased receipts
because even under the long creds allowed or
du,y bonds, portion Of the duties that accrue
within The year are. receivable within the ysar
Blu, such events as these, although fit, perhaps
to ars iSsidAsl!r biBaGfhau MnrE re- any positive
financial calculations; ano, accordingly, have
not been adopted in that sense upon the pre-
sen, occ asion.
Upon the whole, in bringing this report tc
close, there is Dom for mngling fee ling oil
coagratula,ioD to the national Legislature, with
the statements which il has exhibited. The re.
ceipts of the existing year. greater by nearly
two millions Of dollars than bad been foreseen,
with prospect Of income for the next scarcely
less abundan; the receipts Of the las, four years
presenting large aud gratifying excess over
those Of he four years proceeding; the foreign
commerce # the country in a slate of solid
prosperity, from the improving condition Of its
leading departments Of industry at home, and
PRODUCES, the inc, ase of jts tonnage, hat foun-
dalton oil naval strength as well as CONNER
cial riches, keeping pace with TIL increase of
commerce; The public deb annually aud rapid
ly decreasing under the application of surplus
funds annually aud rapidly incrs asing; the pub
lie revenue preserved at an equal value in every
part OF the Union through the power Of trans
fers promptly MADE BY The Bank OF the United
States, without expense or risk to the nation,
and the currency maintained in heal,hful
state by the same ins,itu,ion.--Such is the
great outline of the financial and commercial
condition Of The country; condition the result
ofgood laws faithfully administered, and Of he
aggregate industry Of an enterp'ising and free
people.
All Of which is respectfully submitted.
RICHARD RUSH.
Treasury DEPARTMENT, December 9Th. 1873
The United States Sloop OF War VANDALIA,