Martinsburg gazette and public advertiser. [volume] (Martinsburg, Va. [W. Va.]) 1826-1833, 1832-01-26

sone extent Accordingly We naa toe exist
ence OF the oiner fact TO wnlcH stluds, the
high price of bhis OF exchange on EnglanS
Il j., tasrelsre fairly to be anticipated that
The duties accruing TINS year will be isss in
amount tnan those OF lAe past year And |
thInk II would o. unsIse 10 rely upon our
preseat niornal,sn as TO the income Of el
ther OF these two years as furnishing safe
guide for the future. Tns years 1879 and
1880 sill supply a,urer criterion. There -
a remarkable csncidense ia the amount oil
the receipts INTO the Treasury during those
two years. IL having oeen the nrst from all
sources ss4.827 .627 So. and the second, s@4,
S44,ii6 81, differing only about sI7 900.
Fac mode recstn nj aided ty the Secretary
far the MODIFICATION of the CnrI6 10 to redocs
NO part III tue duties on the unprotected ST
t,cie.. prior 10 March, 1888, and then to re- ,
tam considerable portion OF them. Andss
"a the protected class, nc would make era
dual out pro. Jective lcdactisa of the duties.
The effect sf lsls you'd be 10 destroy the
protecting system by a slew out certain poi
son The object osin. to reduce the revenus,
every DESCENDING degree IN the scale OF his
plAa ii gradual reduction, by letting m more
Of the foreign article to displAce the dom5s
liz ryal fasnc, would increase the revenue
an D get a necessity fsr further and further
fe1acdon 1T dIus1 until they would be car
ried - icy AZ 10 end N the entire sdDvsrslon
oil lac - stem Of protection.
r be reasons winch have been assigned
itwJld. think, be aR~lse 10 Congress AT
tin, ftsne to assume, Tor me future, thai there
woiid se d greater amount oI nett amman re-
venue, iros all ssusces. inciudlns ths public
lanus, than go 100000 DsdueIlng from
th. ,an the aiusunt OF seven millions which
-, cd tn lspS Dst IA Y q.
If .Io resoluuo. before you should he adopt
cd, there would rsnarn sIS ,0o0,oUO do tho
prooaDle revenue oil future years ihs IN
clades the sum OF three m.liIons, estimated
rs the future annual receipt from the sale oil
ths n,lbllc lands an estimate which 4 seiieve
Will lie demonstrated ny experience to be
much 100 large.
Il a reduction SO large as seven nilions be
rsde al tAIs session and II the necessary
measures ne also ADOPTED to detect andPuh
ian frauds, and ensure faithful execution OF
tne laws--we may safely make Temporary
panse, and avail, the Development Oh the 81
r., ueoa the revenue oil these arrangements
That ihe authority y, tue laws should begun
ali ousa; To agree. Now, the fraudulent IVA
porter after an exposure vi his fraud oy
nsst strange Treasury construction OF 'h'
la (made, | understand, however, not "
the prese Secrctary,) eludes all punish
IN at and IS only required to pay those very
duties winch he was originally soupd Tor. Du
whlcn ne dishonesty sought to evade Other
measures with view to further reducuur
Of The revenae. may De adopted. In sont
insi,aces there unsht be an sugnentauo"
duties Tor that purpose. l VIII menuoh 'hs
articles oil foreign distilled spirits Ia az
sentry upsa earth rs there so much OF the
tad m
ties ought to be doubled, and the revenue
thsteby further reduced from 20 100000 to
n ialiiian The pubic morals, the gram
growing couulry, the fruit raising, and the
cane piant.uH country would be all beneht
ted hy rendering the duty proh litoTy.
have not proposed the measure, because 1t
peraaps, ought ~ originate IN the etnel
House.
lnat me measure which have proposed
ma, ne adopted without interfering win Tue
Nm ui tn Secretary oil The treasury ioi
III payment of the public debt by the 4th o.
March nexi, viii now proceed TO show
'Tas secretary estimates that the receipts .
the present wear, after meeting all other JUS
engagements, will leave a surplus OF Ia maj
hons applicable TO the payment OF the prn
sipal al the debt With this sum, millish
which he proposes 10 derive IRON The sale o
sha bank stock, and millions which ut "oult
antlcloate from the revenue Of the nentyear
he suggests that the whole OF the debt re
M aiming may be discharged by the nme 10
Gicated Inc Ia millions. l und' rstand, Gal
shough on this suffice, the report 10 not per
eectiy explicitly are receipts anticipated tni'
year from duties which accrued last year Il
TINS be the Secretary s meaning, Ii ~ eVisen
thai he wants no part eli duties which accru,
during the current year 10 execute his plan
b. il MS meaning be, that the fourteen NIL
hoos viii be composed In part OF duties &c
Druiag anu payable within the present year
taea the measure proposed might proven
the oaylnent OF the whole vi the remnant q
tn debt ey the exact day which has beef
staiea If however, the entire seven nIloni
smoraced by the resolution on the table
were sub,racted lrsB the fourteen, II would
still leave hlm seven millions, besides the bank
stock, u DE- applied to the debt, and mat, u
itseg would 6e three millions more than Can
be properly applied 10 the object, 10 the
ssaTss u ais year, as have already endes
yored 10 shew.
/ came here, sir, mOst anxonsly desiring
thai al arrange nent of the Public Revenue
should De made, saich without sacrificing
nv Of the great interests oil the country
wsai reconcile and .au.ty all ITS parts
Thought perceived IN the class OF objects Doi
produced wilsIn the Country heid On when