Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1833-01-15

debt has been extnguished. The which those
burhenS distributed under former laws have been,
heretofore, subject of complaint and remonsance.
do not propose to inquire into the wisdom or justice OF those
laws. The debt has been exungushed by thelulet us
be grateful for the past. We now TO enter upon
another, an honorable and gratifying duty the reduction
OF the taxes Ct the peope-,hc alienation OF the public
burhens.
Here Mr.. Verplanck gave a brief view of the fnaA-
oal history OF Government since the peace OF 1873 in
which lac stated that during the last six years, annual
average income OF 900 900 Of dollars bad been received
the lar greater part from the That this sum had
been appropriated the half ards the necessary eX
penses OF the Government and the other halfn the pay
men OF the public debt la reviewing tic regular calls
upon the treasury duiHg the last seven years for the
civil naval, and military departments OF the Govern
mcn including all ordinary coming about Is 900,
90 OF dollars year had been expended This amount
oi l3,OOOOOO would Scem even now sufficient to
the Standing necessary expenses of Government long
delayed debt OF public Justice, for he would call it
bounty, TO the soldiers oil the Revolution had added for the
present since 1t could be but for few only, an adj
ditiona annual million. Fourteen millions OF dollars then
covered the necessary expenditures OF Government.
bU however Hgu anu economical we ought TO be IN ac-
ual expenditures, i'm providing the OF the revenue
which might be called upon Tor unforesc; coming euces
it was wise TO arrange il liberal scale. This would he
done, by allowing additional million, which would
yer, not only extra expenses time of peace but
those OF Indian warfare II such should atiSe, well
those OF increased naval expenditure from temporary col
onS with Foreign powers short of permanent warfare.
We not therefore, iusiiGablc in raising more than
lo,OOOOOO dollars as permanent revenue. In other
words at least 10000 600 dollars of the that
would have been collected under the Tariff system OF
lS2S, may now be dispensed with; aud In years Of great
importation, much larger The act OF last summer
removed large portion OF this excess; yet, taking the i'm
portaion Of the last year standard the revenues de-
rived from that source, IL calculated according the
OF 1882 would produce 1880 00O and with the other
sources OF revenue income OF % 900 dollars This
is at leas millions above the wants of the Treasury
Ii was this excess of public burhens which the Com
nee OF ana Means have felt TO be their duty now
to call upon Congress reduce The task of regulating
the rate and manner of that reduction was neither easy
nor enviaole We all must know that large sections
the COuurN hu well classes Oi he
community IN every section OF the country have
ed, rcUOn5racd dgaiust the unequal operation of the
public hu'ihens II Is certain, too that under any plan
oil finance whatsoever, oil long duration, various interests
must grow up, which cannot but be subject to great in
jury, from change even for better and less onerou.
/ system.
The committee have felt all these difficulties They
have approached te subject, with rashness or pre-
sumption, but with humility. They have endeayored
20 prohi by tie lights OF long experience and of former
legislation Whatever may be the defects OF their bill
they confidently Claim for themselves the merit OF honest
and sincere intention They trust that no local or per
sona interests and certainly views or feelings OF party
politics, have been suffered influence them They
have desired aud eudcavorcd conduct Ike deliberations
OF Their commiiice-room in The spirit Of justice, oncaon
ana OF peace; ana II Is ia this spirit at they nUw invite
ti- body 10 The examination of the bill before them
Mr.. Huntington, who had the floor today addressed
ne committee IA speech Of two hours, in opposition TO the
ol' denying lst mat the I'LL would operate reduce
The revenue, but would the contrary increase it, until
inc people were so reduced in circumstances as no Longer
to be able 10 purchase European products 2 Tbatiii
would, the measure itself inexpedent g. Tbatifi
were eXpcdicnt To reduce the revenue, i'm the degree
proposed this was not The best mode, the proper time
in which to do it,
Mr.. lngcrso obtained the floor but had proceed
ed only little way in his speech, when he yielded to a
motion OF Mr. Burgess that the committee RISE which mo
ton Preyailcd-Ayes 50, Noes s.
The committee thcreupon rose.
The amendment of the Senate the bill making appro-
palions Tor the revolutionary aad ether pensioners for
bill has passed both Houses.
The House then adjourned.-.Ndt Int