Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1829-12-09

Po"o. '"@ b'.a' '"'e'ess OF the whole AZ,
attempts 10 Connect them with the par,y Al
flic,s OF the day, are necessarily iniur;oa! '0G'
should be discoanienanced. Our sc,or 'ad
them should be under the control of b;oh upon
purer motives Legislation, subjected ~ s'e
inff.c"ces, can never be jus, and will ,o IucH
retain tho sanction Of People, WHOSE ,, onS
patriotism is not bounded 6v secro,.l I've. 1--WE
nor inseasihle 10 thar spirit OF coocr..;o ""S
torbrarance, which gave life to our n.r.: s"a
compact, and still suslains it. D,sca,s;n" '.
calculations Of political ascendancy n. W al
the Son,h, the Eo,', and The Was, ss''t'
unite in diminishing any bur,hen of VIII,
Their m > justly complain. " e.
The agricultural interest of obr c,.
SO essentially connected with every o,b,,
so superior in importance to them all ~ aas
is scarcely necessary 10 invite TO il vo,n NOV u
ocular attention. IL is principally a, ml p"'
lectures aud commerce tend TO incrra,, =.
value OF Agricultural productions, aud 10 ~, NC
Tend their application 20 the wants ard ,o-
forts OF society. Ma, they deserve the fo,s,..
| care of Government
Locking TO- ward 10 the period no, far d;,,.
wnen sinking fund will no 4. ger be r,o1i".s
the duties on those articles of im,o,,,';
watch Cannot come in Competition y;,L ~
! own produc' ions, are the first ,ha, ,boan
gage The attea'ion Of Congress in III. maI
itication of the tariff OF rhese. ten ,nd ,"m
are The most prominent, they enter .a,c.Iv !,
20 The consumption Of the country. and -
become article. Of necessity TO N da,s, :.
reduction, therefore of the ,xs inc d,,;,,
VIII be ieit as common benefit; bur. Gs. i,
other legislation connected with comn,rrr. -
be Hicacious and not injurious, IL sLooJ -
K, adual ana ceriain.
lie public prosperity is evinced il NJ. r.
creased revenue arising from tie sole, Of d,
public lands, and IN The steady m.iu,rn,,,.o ~
that produced by imposis and ,onaage. 10.
withstanding The additional duties imposed by
'he act Of lsh May 1928, and the unususI i'm.
porta'ions IN the early part Of that year.
The balance 10 ,he Treasury on the Is, =
January, 1929, was five millions nine bu,d,,I
and 'enty TWO thou>ad four hundred ,,l
Thu 'y-five dollars and eish,y-one CENTS. r..
receipt, OF he current year are estimated !,
TWEEN four millions, six hundred and tan
thousand, two hundred and thirty dollars; aid
the expenditures tor he sam- ii ne At twenty.
SIX millions one hundred and sixty. -four ,hoy
Sand FIVE hundred and nine, y.fsr dollars lear.
Ing balance 10 the Treasury on the first Of
January next, Of four millions four HUNDRED
and ten thousand and seventy dollars, and rIph
ty>nne cents.
There will have been paid, on account Of he
public debt, during the present year, the sun
Of twelve millions four hundred aud five thou.
sand and five d liars and eighty cents, rcduc.
ing the whole debt OF the government, on The
hrs, OF January nex', 10 for,y-eight millions '
&" Hmm 4s.N'-s"d sky five thousand four hon.
Died and six dollars and Fifty GEMS, including
seven millions of nve per cent. stock, sub,criS
ed to'he Bank Of the United Ssr.s. The nav.
mem on account Of the pubic dsbr, mad, o.
me hrs' oil July last, was eight millions sever
hundred and ifteen thousand iour hund ed and
sixW't"o dollars and eighty seven cenre L
was apprehended that the sudden wi Ldrava
OF so large sum from the banks in which il
was deposited. at time Of unu sual pre- sure ],
ne money market, might Cause much ibjuyra
'he Interests dependent on hank sccommoti.
ions. But this evil was wholly s.rrtcd By al
'arly anticipalion.of it al the Treasury lied
~ the judicious arrangements VI the officers
IF thr Bank Of the United Sra'cs
This state Of The finances exhibits The II.
800 ~ ~ wv ""'io" 1b au SsPe't niynl IA
ering TO lis Industry; and aospicious Of hsI
llity oil the Government in n very shor m,
o ex'ingUish the pubic debt. When this
hall be done, our population viii be relieve
'om considerable portion of IT'S present bur.
hens; and will find, not onl, new mpi'e, 10
atrloic affeo non, but addiiionIl mean, TO- Tie
lspI'y Of individual enterprise. The 6,c,
over OF the States will al,o De iuor. asrL.
nd may be more extensively exrrcd in iass
education ADD other public objects; ~hs
nple means will remain in he Fedora
o'ernmenl 70 promote The general veal 10
the modes permit ed 10 its authority.
After the extinction of the public debt, 10
IT probable that any adjustment Of he lara
'on principles sa:isfac tory to The People Of
e Union, will, until remote period, i!esG
ave the Government without d cousidersbI
rplus in the Treasury, beyond what ma, b:
CURED Tor its curr'ni service. As then h:
rod aporoaches when The sppIica ion Of he
venue to the yment Of the debt willie
e disposition of the surplus will pre,tnissu|
I for lac serious delioeraliop OF Congress,
I, may be fortunate for the country thstN
yer TO be decided. Considered 10 ronnrIio0
III The difficulties which have hcrc:oiors al
dsd appropriations for purpose. Of n'''
I'm pro yemp,t and ,v;,h H., ,yb;sh