Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1830-12-27

aad IN The 4,h quarter Al eve millious 81, I'm.
dred aud ten thousand dollars.
The report states thst +" IL is est ma ed A.
the acerung duty Tn coffee and COO Ga, im.o,,
ed in 1890, and rem sinog In store on the T..
January 1881, Will be reduced about Eve b,.o
drei thousand dollars by the operation of ~.
acts OF the last session, reducing the dc,es s
those articles; and that the duties on eod..
cocoa, salt, aud molasses, accraing in la9,'
ani p:yabie within that year, WILL upon a liz.
con sumption TO that of 1929. be further dim
sbed those acts about six hundred ihonsanddaI
Jars. The repeal Of the duties on tonnage VIII,
will AXE effect on the l,t Of April ne.t ali
furihrr re luce the revenue of the nett va
about seyen'y-tiye thousand dollars. The snL
sequeni reduction Of the duties on tea, coT..
aud salt. on the LIST Of January, 1882, will mr.
badly lessen the usual importation oil those a.
tices for ths demand Of 1881. But the ioa'
eBce Of thes' circumstances upon the reyenn.
will be 10 some degree counteracted by n.
Increased Ca iacity OF the country tor con.una
ton. as eynced by the eularged amount of d. de-
nestle exports, tire general prosperity of ma
camille business, and The favorable slate of =.
change with fofei5n codhtties-io which ma.
b. added the openug OF the trade with ~.
Bfilish colonie. in the West Indies and m, nc
North American continenI
q" The revenue arising tom the Sales or mt
lie land. will be inlrnved by the same a.r
cral causes, which tend 10 improve that iran,
the C ustoms.
F,om a view Of all these fac,s and c;r,..
STAGES, the Secret+ry estimates the recsia,. f5
the years Is 81, At tweuty three IN lhon. ~.
hundred and foTiy thousand dollars, viz f..
customs, twenty one million seven h,,I..
tao sand dollars bank dividends fonr ~
dred and ninety thousand niscr aneons m.
hundred and fifty thousand. The es,io,,,"t
expenditures lor 1881 are twenty three m,r,.1
two nuadted and twelly eight thousand ~
sAty-h dollars aud eignt, SIX cents, inel,d'
lns ten millions OF tue public debt,
Inc balance in TIE Treasury on the Gr,, 81.
January, 1879, was dy. m,ihoas nine h,nI..'
and seyeniy.two thousand four hundred ~
thrty-Gy dollars and eli. hty-one ssts
the Iirsi OF January, 1880, il WAS Eve mIhoo.
seven handred anj four dollars and s.y...
nine cenis e; tue estimated balance on the a.
of J'nuary, 1881, viii be ioIr mlhons e,,L
hundred aad nineteen thousand seven hund5.d
and eighty.one do.arS and seventy-,i1 csn,
The secretary stat. that "the nayc.l,,.
interest employed in foreign commercs. ,nat
particularly IN the carrying trade" las SuF,
Ell mat arlai depression and he a i'd. t,.,
that portion oil tue cdrfFi ing trade, which -
uni tered by navigation laws, viii neces,.r,,a
! fan INTO tue hands II tpose who can ntyi.,i.
! n
appreheni. that tue superiority hrrrtolo,.
! claimed Tor American skill and economv =
their pursuit Is yelling To more forthaate r,ys.
/ ~, and sdgges' The eSpediency oil cUnslderirr
no" far that Interest may, without inin, n
oihrIs, be Relieved from It's depression"
! Tie TO an mis- number oiimpuriant ma
! dth a'i,ns IN the lnpo,t system. il corian,
platoon OF " the approaching cts's III the 4,
/ cal policy oi the Uni ed 5 atesp
Wan gard TO the tariff, the most m,,sro,
alinsion 10 It IN tar report IS the remark NAL
by the Secretary, that = should 1t b. canf-,o
plated os { 'n5res. to make any furtI er r,-
/ lch ~ Of tae Revenues. prepuatJry I, N, 4
peri ID If he filal eahngu shsnent Of tn, nn5
! liz de1t, II Is respectfully suggested, that in
orr ! tonToId i,uPaIrIag the necessary man.
lof ar ordinary expenditures Of the Govern
III 'nf u encroAching upon tue sinEia,
tad, it will b. proper taat such reduc,,aa
,9Jnia take effect period sufficient Ire
nat Tor the payment OF the enlife d.b 4,
iae re lictod IN tde at the last sesslsn vii.
barely Leave s"iic,en revenue lor tho,r Q ,l,cl.
during the ensuin, iouf yed i.