The Litchfield County post., 1828-12-11


 The receipts of the present gear have amounted to two millions more than was anticipated at the commencement of the last Session.
 The amOilnt of duties secured on impor- talionS from the first of January to the SOth of September was about twenty two mill- ions nine hundred and ninety seven thousand, and that of the estimated accruing revenue is five millions, leaving an aggregate for the year of lwen- ty eight millions This is one million more 'han the estimate made last December for ihe accruing revenue of the present year, which with allowances for drawbacks and contingent deficiencies, was expected to produce an actual revenue of twenty two millions three hundred thousand dollars Had these only been realized, the expend- itures Of the year would have been propor- tionally reduced. For of these twenty four millions received, upwards of nine millions have been applied to the extinc- ton of public debt bearing an interest of 6 per cent, year, r,and of course reducing the burden of interest annually payable in fu- ture, by the amount of more than half a million. The payments on account of in- terest during the current year exceed three millions of dollars; presenting an aggre-. gate efmore than twelve millions applied during the year to the discharge of the public debt, the whole of which remaining due on the first ot January next, will a. mount only to kfy eighi millions three hundred and sixty tw, thousand one hund- red and thirty five dollars and seventy foul cents.
 That the revenue of the ensuing year will not fall short of that received in the one now expiring, there are several indica- tions which can scarcely prove deceptive. In our country, an uniform experience of forty years has shown that whatever the tariff of duties upon articles imported from abroad has been, the amount of i.nporta- tions has always borne an average value nearly approaching to that of the exports, though occasionally differ ing in the balance sometimes being more and sometimes less. It is, indeed, general law of commerce that the real value ofexPorts should, by d small balance, exceed that ofimports, that balance being permanent addition to the wealth of the nation. The extent of the
 
 be regulated by the amount of it's exports {; and an important addition to the value of these will draw after it a corresponding in- crease of importations. It has happened in the vicissitudps of the seasons, that the har vests of all Europe have in the late summer and autumn. fallen short of their rsnal aver age. A relaxation of the interdict upon the importation of grain and -four from abroad lat haS pened to the granaries of our country and new prospect of reward presented to the ia- bOrs sf the husbandnan. which, for several years has been denied. This accession to the profits of agriculture in the Middle and Western States, is accidental and temporary. 1t may continue only for single year It may be, as has often been experienced in the re. 0luti0ns of time. but the filst nf several scanty harvpsts in succession. We may con slder it certainthat, for the approaching year it has heen added an item of large amount tu the :. .alue of our exports, andthat it wiIl pro- duce corresponding increase of impOrta tinns. It may, therefore. cpDfdently be ex ppcted that the revenue of 1929 vii equal, and rrohrbly exceed, that of 1928, and viii afford the means of ofextinguishmg ten millions more of the public debt.
 This npw element of prosperity tO that part of our agricultural industry which is oe cup,ed in producing the first article of human subsistence. is of the most cheering character to the feelings of patriotism. P preceding from 6 cause W hich humanity will view with concern the 'suffrrings of scarcity in sdistant lands. it yields rn, sOlat"ry reflection, that this scarcity l. no respect attributable to us That it comes from the dispensation of Him N bo ordains all wisdom and g""dness. and who permits evil itself only as all lnstru ment of good. That, tar from contributing to this scarcity. our agency wsii be applied to the alleviat"n ofits s@,erity.and that,in pour ing forth. from the abundance of our owp gar n,rs. the supplies which N i'll partially restore plenty to those who arc in need,we shall our selves reduce our stores, and add to the price of our own bread SO as in some degree to par tcipate in the wants which it will be the good lort,ne 0f our country tu relieve,
 The great interrsts 0fan agricultural. com mercial. and manufacturing nation, are so linked in unon together, that no permanent cause of prosperity to one of them can ope- rate without extending it's influence to the O. thers. All these interests are alike under the protecting power ofthe legislative authority i; and the duties of the representative bodies are to copciiate them in harmony together. So far as the object of taxatiOnA's to ralse a revenue for discharging the debts, and detray-. ing the expensss Of the community. lt should as much as possible suit the burden -whn C.