Wheeling compiler. [volume] (Wheeling, Va. [i.e. W. Va.]) 1829-1831, 1829-12-16

100 duties, will be feltas common beose'
IKE all other Iegislsiion connected with
merce, 10 be eficacious and not iojurious. i, q, Is
be Gradual and certain. hp
The public prosperity Is evinced 10 Il, r
creased revenue arising from the sales of,b. NJ
lie lands, ADD 10 the steady maintenance AZ re
produced by imposis and tonnage, nOtwitb,''
iug the additional duties imposed by the !. q
18th Nav, 1928, and the uausual imporabs.,
he early part of that year t'
The balance in the Treasury on the Ia
January, 1929, was FIVE millions nine buoi
and seventy-two thousand four hundr.3
tbirty.fve dollars and eighty-one cents = %
receipts of the current year are estms,,i
twenty-four millions SIX hundred and Z.
thousand two hundred and thirty dollar.
the expenditures for The same time at tyenn
millions one hundred and sixty-four tbon..
five hundred and ninety-five dollars: lesv;,. r.
balance in the Treasury on the lst of J,,Is a.
next, of four millions four hundred and ,sne A.
sand and seventy dollars and eighty one Cent Is.
There will have been paid, on account oF &.
public debt, during he present year, the sp- rs
Twelve millions fourhNndred and FIVE ihou,, 4.
and five dollars and eighty cents: reducing g|
whole debt of the Government, on the FIST .c|
January next, to forty-eight millions Eve h, Ia
dred and sxiy-fiVe thousand four hundred n
six dollars and fifty cents, including sevs, :, "a
hons Of FIVE per cent stock, subscribed u ln
Bank OF he United States. The paymss, 81
account Ofthe public debt, made on the f., b
July last, was eight millions seven hundred I, d
fifteen thousand four hundred and sixty.two \
lars and elghty-seyen cents. Ii was aporeb.,,
ed that thesudden withdrawal of so LARGE =, h
from the blnks in which it was deposited !.
time OF unusual pressure in the money mari IA
might cause much injury 10 the interests dso.,
deHt on bank accommodate s. But this = Ic
was wholly averted by an early anticipation
1t at the Treasury, aided BY the judicious A, h
engagements Of the officers OF the Bank Of B.
United States.
This state ofthe finances exhibits the reso, b
ces OF the ration in an aspect highly aattsungn
it's industry and suspicious Of the abilityofGh p
eminent, IN very short time, TO exduguish Il,
public debt When this shall be done, our DO,
ulauon will be relieved from a considerable,
ton OF lts present burthens; and will find. m
only new motives to patriotic affection, but a.
dlhonal means for the display of individual e.,
terprise. The fiscal power Of the States vii 4
also be increased, and may be more extenslysi
exerted 10 favor of education and other pubR
objects; while ample means will remain 10 ta /
Federal Government to promote the geuea 4
veal, IN all the modes permitted TO its autbOrI
After the extinction of the public debt, It {
oh hot oC h.. f..f
upon primo iles satisfactory to the People ofhl
Union, will until remote period, if ever lsul
the Government without considerable supa
In the Treasury, beyond what may be reQala
for its current service. As then the period q,
proaches when the application of the revenue D
the payment " debt will cease, the dispostc
Of the surplus will present subject forthe Sci
Gus deliberation Of Congress; and II may bekr
tunate for the country taat It is yet to be deed
ed. Considered in connexion with the dllhCl
! ties which have heretofore attended apprort
lions for purposes of internal improvement
with those which this experience tells us wllloa
tainly arise, whenever power over such suter
may be exercised by the Gen. GOvr't.it is hpa
that it may lead to the adoption of some pn
(which will reconcile the diversified Interests
the States, and strengthen the bonds which
mite them. Every member ofthe Union, 10 psa
and in war, will be benefited by the improvenrl
of inland navigation and the construction n
highways ia the several States. Let Us ha
endeavor to attain this benefit ia a mode shs
will be satisfactory to all. That hitherto adopt
has, by many Of our fellow citizens, been de1v
Gated as an infractlon of the Constitution, via
by others it has beenyiewed as inexpodlent n
feel that it has been employed at the expense
harmony in the legislative councils.
To avoid these evils, it appears to me o.
the most safe, just and federal dIspoata
which could be made Of the surplus reyell
:. would be its apportionment among the seven
States according to their ratio ofrepreseniah'..
and should this measure nOtbe found waHanE
by the Constitution, that it would be expet@
10 propose to the States an amendment ausi'r
lzingit. regard an appeal to the source
power, in cases ofreal doubt, and where rs H
ercise is deemed indispensable to the geael
welfare, as among the most sacred oiaD~
obligations. Upon this country, more than q
other has, in the providence Of God, been 81
the special guardianship Of the great Pna'
ef adherence to written constitutions. II hr
here, all hope in regard to it will be exiing'g
ed. That tins was intended to be Goyer0n'