Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1830-12-23

In the estimate OF the expenditures for 1881, in
cuded Sl,375 l5 H. OF the appropriations Tor 1880,
which not required for The service OF that year
aid applicable TO. the service OF 1881, without be.
log appropriated viz civil foreign intercourse and
naval, $5lS, 400 40.
In re- pee, to the du les on imports and tonnage, the
innate at owe presented will apply for the succeed
ing YeaT; Tor len the reduction made at the last
sion shall have gone into toll effect the revenue will,
according to tie average Of the last four years, viz:
from 1896 to 1929. Inclusive, be diminished So 66I =
1875
The proceeds OF the sales Of public laods will proba
oily be hat Increased. BIT he amount Of these
sales will he limited by the ability of those who pur
chase lands for their cultivation, adventurous
speculation having ceased with the credit system. This
source OF revenue, therefore, except far it may
be affected by future legsIation may be relied upon
hereef er 10 sustain the estimate made for 1851
The reduction in the receipts from the customs will
be partially made up by an increased importation Of the
articles which the duties have been reduced; Al
least, far the consumption OF them NAV have
been hitherto restTaned by tie amount OF The duty.
But the reduction in the rates Of duty il great, that
no increase in the consumption be looked for, so
exten i've to make up any considerable portion Ct the
deficiency, and, AZ hOugh Tire income and expenditure
OF The community may continue to bear the sams re-
liOn 10 each other hetetoiOre the amount of the
duty saved TO the consumer instead o. beng applied
wholly tn the purchase OF an ncr.s ed quantity Of
those article, wi be distributed upon all the articles
OF consumpt donesi AMI foreign duiabs and free
In locking forward to he probable changes IN ,be
hscil operations OF the government, when the public
debt shall he completely extinEushed IL H. worthy Of
observation. hat with The exception Of single year
NS2S) there has been gradual reduction Of imports
since the year 1925, aud q continued redo elton IN the
exports Of foreign mere andZs during the s8ms period
These iscts suggest coosid r4ions to be sker
into view 10 e.tTaiing the future revenue OF the
government. They aso shew among OIL or matters
worthy Of notice, that the navigating nierss, employ
ed in foreign commerce. and particularly in the carry
ng trade must have suf red nateri3 depression Thst
portion OF The carrying trade which IL unieuered by
navigation lave, will Decessarily tall INTO the bands
% So who ean navigate cheapest; ard this falling ~
gives reason TO apprchend hat the superiority h,
fore claimed g. = Ansrcsn xii and economy ia ihls
Purfuu, is yielding 10 fortunate rivalry; and sug.
ges's The eHPediency Of con.iderng how far bat in
iefes may, without njsry TO otbers, be relieved from
its depsession.
TIE annexed paper marked NJ eV' ibHs q tailed
statement Of be quany and valve nj imports end
rort- liable to specific dues, and ihr value Of those
paying I'd vslorem duties, and Of those tree NJ duty
from he year 1921 10 1929 inclnsiv-, and vii fntni-h
tie neens q ascerHining the increase decrease Of
each lfaocb Of import and export trade, and the urbs-
bic effect Of any proposed chance a. we'll uroa he
revenue, az upon the various interests tb which they
connected.
Should 1t he contemplated by Congress, 10 make any
further fednc ION Of he revenues, preparatory to IN
period II the bnal exlinguishmont OF tho publis debt
IL j. respectfully suggested hat In order to avoid inn
pairing this necessary for the ordinary txpen-
diiures Of the govefnmeb', or enCroachng upon tie
sinking fund.- 1t will be proper that such reduction
should take effect al period sufficiently rsmoe iof The