Martinsburg gazette and public advertiser. [volume] (Martinsburg, Va. [W. Va.]) 1826-1833, 1830-12-30
Prom the National Intelligeneer, Dec. II j
TIE .4N.vU.lL TREASURY REPORT

tears that the receipts INTO tue treasury VI
the wear 1879, were, from customs, l2.ool'
96j dollars aud OIL cents; from sales oi Pubic
lands. i.5l7,IT5 dollars and - cents, IRON
dividends on bank stock, 490.OOO doiiars,i"cl
q .ntaI receipts, 50 $50 dollars and 81 CTS INA
king altogether, "a, s27 ,627 dollars rnd 81 cts
rhe receipts into the Treasury for tie
three first quarters OF the present year, 1880,
were. from customs, IL ,269,ll1 dollars anu
"a cents. sales OF lapds, i.sJJ,'l9 uoi!ars
and u csn;s; bank dividends, 10000 cot
lars: miscellaneous, S4,l76 dollars and IS
cents: estimated receipts for the fourth qsar-
ter from all sources, 5,025,00D dollars; ma
king. altogether, 81, l6l ,0l5 dollars and f9c's.
Ifthe estimated receipts Of the fourth quar-
Ger OF the present year be correct, taefc VIII
be deficiency in the revenue Of 1850. CON
pared with that Of 1929, Of 65G,GOS dollars
aud 50 cents.
The expenditures of 1879, amounted to
q5,OfI j5S dollars and 40 cents Ihe ex-
penditures of the three first quarters Of 1880
amour, to 2O,7s0,g36 dollars and 81 cents;
the estimated expenditures for the fourth
quarter OF 1880, amount to A. s,9oi dollars
and e8 cents, making tue whole expendi-
lures OF 1880 25.09G,9ii dollars and 81 cts.
The expenditures for 1880 are, therefore,
47,4i6 dollars and oi cents more than those
for 1879.
The arsount of public debt paid in 1929,
was 1883 ,S67 dollars and 70 cents, the a
mount paid, and 10 be paid, IN 1880, Is H.
351 $50 dollars aud cents
The total amount of the pastic debt on the
first of January, 1880, was IS $50, 400 dol
lars and so cents, consisting of q, lilo, $50 dol
lars and 7 cents Of six per cent. stocks; III
792 900 dollars and 10 cents OF five per cent.
stock, includin. the ,000,000 dollars held BY
Government in the stock Of the Bank OF the
United States; 15,094,0 dollars and ! / cts.
for four and half per cent. stocks, 1896,
2lo dollars and As cents Of three per cent.
stocks; the balance consists of upwards oil
$4,000 dollars Of SNAIL items
The total amount Of public debt on tho
first Of January, 1881. will be 80, l23,i9l
dollars and 63 cents. The whole remaining
amount of this debt is redeema bic, nearly one
half at the pleasure of the Government, and
the balance at different periods down TO the
LIST OF January, 1885.
The amount of Imports into tho United
States for the years ending September Joth,
1890, was IS 500, 900 dollars, and the amsunt
Of exports for the same period, was Is, Soo,-
900 dollars. OF the exports, 9,i0o 900 dol
lars were domestic, and i4,406,00o dollars
foreign, products.
The amount of duty on imports and ton
uhHe WINCH III ttt HI5t iIiii-
tiers of the year 1880, is estimated at 20,570,-
000 dollars; and in the fourth quarter at D..
1000 dollars.
The reports states that cit is estimated
that the accrung duty on coffee and cocoa,
imported in 1880, and remaining IN store On
the LIST January, 1881, will be reduced to
DOC, 900 dollars, nv the operation OF the acts
OF the last session, reducing the duties on
those articles: and that the duties Oh coffee,
cocoa, salt, and molasses, accruing in 1881,
and payable within that year. will, upon a
like consurptios 10 that Of 1923, be further
diminished by those acts about 600,00o dol
: lars. The repeal Of the duties on tonnage,
which will take effect on the ist April next,
~ill further refuge the revenue Of the next
pear about ! 900 dollars, The subsequent
reduction of the duties on tea, coffee, and
salt. on the lst January, 1852, wsil probably
iossen the usual importation Of those articles
for the demand Of 1881. But the influence
of these circumstances upon the revenue will
he in some degree counteracted by the in
creased capacity Of the country for sonsump-
ton, as evinced by tho enlarged amount of
domestic exports, the general prosperity Of
mercantile business, and the favorable state
81 exchange with foreign countricsto which
may be added the opening of the trade with
the British Colonies in the West Indies and
on the North American continent.
"The revenue arisnr fsssn the sales of
public lands will be improved by the same
general causes, which tend to improve that
from the customs"
From a view of all these facts and circum-
stances, the Secretary estimates the receipts
for the years 1881, at - $40 900 dollars, viz:
from customs, 9 1 100000 dollars: lands, :
100000 dellars; bank dividends, 100000 dol
lars; miscellaneous, 10000 dollars. The
estimated expenditures for 1881, are as ,asS,.
O65 dollars and So cents, Including 10000, 0G0
dollars OF the public debt
The balance in the Treasury on the Ist of
January, 1929, was 5,S72 ,l35 dollars and 81
cents on the list of January, 1886, it was
5,755,1s dollars and 10 cents; the estimated
balance on the LIST of January, 1881, will be
4.Sl9.7Sl dollars and rs cents.
The Secretary sta ties that "the navigation
interest employed in foreign commerce, and
particularly in the carrying trade has sui
tered material depression; and he adds
that "that portion ofthc carrying trade which
s unfettercd ny navigation laws, will neccs.
sarily fall into the hands OF those who can
navigate cheapest; and this falling of gives
reason to apprehend, that the superiority
heretofore claimed for American skill and G.
economy, IN this pursuit, is yielding TO more
fortunate rivalry, and suggests the expedi-
encr OF considering how far that interest
may, without injury TO others, be relieved
from It's depression"
kle rpCOmnoanba e