Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1833-12-19

at which II has been stated, aud viii perbans ..
coed it.
In this view of the receipts Of 1884. H.. :,
come Of the year will abou, equal the e,,jm,,sI
expenditure. Aud with the aud Of H., h,,,os'
in the. Treasury on the FIRST Of January nex, :,
viii be sufficient Tor all the wants OF the G ,ye,,
ment, inci udiHg the amount necessary IN nav -
the residue of the national debt Il must. 6o,
ever. be observed, that Ia addition Ia tie appro
pr,ailoms nov asked for, there will b. AN ,,..,
pended balance Of formef appropriations, amonr,
ing to the SUN Of s.. i90,2S. 60, which .,nI
probably be required IN The course ol the en.n,,,
year. for the objects Tor which il has been ,co,l
prlated Aud u the entire amount of annrnn,,
tons proposed in the estimates Tor 1854. WERE
SO to b. required within the year. there vo.i
not be money enough 10 the Treasury To mo-,
them after satisfy ing the balance. above state
and paving off the public debt. But the p,n.r
ence Of former years shows that portion If IA.
appropriateness, may always be expected 10 r,
main unaxpended at the end of the wear All
the average OF these uneSpsnd Il balance, far N.
last four years is about IS .500,0OO In r.,ir,
ting the balance IN the Treasury, at tie clos, >
1854, have therefore assumed that a por,ior n,
the estimates of expenditures. herewith .ubrj.
ted, viii not be used during the yeai: and M,
balances Of appropriations equal TO the amour,
at the close of the present year. will in IKE man
nrr remain in the Treasury at the end Of he yea,
1884, and 60 into the expenses of the suecer,bo,
year. And il is not necessary to raise none,
for the pubic use, sooner than il viii prol.s
be needed.
But the balance stated at the end of ls,t
not tn be considered as a clear surplus l,ua
stil be chargrable with the amount Of approD,,
tons estimated to remain uneXpended a, nl
time.
From this state Of the finances. and If the M
posed appropriations. II is evident that redo,
ton of the revenue cannot at this tine be mad,
without injury to The pubic service Under n
act of the last session, the receipts at 1855 ~
b- less than those Of 1854. a, I further grdq,r.
in the rate OF duties VIII take effect "a the Ltd
January. 1855. And II the appropriations ,hus
BIZ kept up, to the anUun' authorized Tor the lfe
sent year. the charge upon The Treasury 10 1856
would b. mare than II could pfotaGI' met -
But the debt will then have been enlreIy ug.
and i guarded rule al appropriation i at exc
com menced, there viii b. 10 difficulty in brin.
ing down the expenditure, without jury to lts
public service.
liz the revenue IS not 10 be reduced rnl
than the existing laws provide for, deere seen,
to be no Sufficient reason Ioopcn a, this umS
the vcxed question o. the tariff. The manos
in which duties are nuw appointed on dlItef2r
articles, would b. liable to masquerade objeeo1
II i, we're To b. considered as a settled and Pc
manent system But the law Is Temporary
the face of IL, and Vas intended as comps
mise between conflicting interests. And Ut
less the revenue to arise under il should hera
ter be more productive than IS anticipated
will be necessary IN two years from this nH'
to impose dutie, on articles that are now Tree
order TO meet the current expenses oil The u
verDment. There would seem, therefore, 10
no advantage 10 agItatIng the question at
present moment. Yet some notifications Of "a
existing laws will be necessary. 10 order to ca
~ loto effect the intentions OF the Legislature
and to guard against attempts to eyade rs P'
Visions. without IN any degree aitecInsIls PHi
c'pes.
II is however respectfully reeOmmeOls.
the appropriations for 1854 should be Hg0Il
ted by a proper regard TO economy. liefe"'
fore the receipts 10 b. expected. could be ''f"
tanned with some degree Of certalny Dec1's
thew were principally derived from ae imports
Of previous years; and the bonds lsSt0i| u"
duties on such imports showed the amount Z" !"
ceipt which might safely be counted ." bnu1'a
the new system Of cash duties, Md snort e'ru'
each year most mainly depend tor us income
its own Imports. And as commences ai''N
more or less Liable to fluctuations. the P1DN
,erest requires that there should BE- al 81 VI,
in the Treasury, a sufficient sun TO pf"'"'
unforeseen contingencies, and TO su"iu %
in the estimated receipts
calculations on The income OF succ"t'"s""
is necessarily more uncertain under the pr"
system than under The former one 81 iuHs C,'es
And # the anticipatlans ct the rrceiP' " y.
and 1885, should be fully realized, mere VIE
be more than ought to b. provided on ''e e'''
led scale of expenditures. Al the Id'' 'r"Vn
Congress, the appropriations eHeeedr" '"t. =
i've millions five hundred lhousan" dOIiaf'' "
nearly three miilions five hundred 'h'usaHo
,ove the estimates presented at the oe3hD"s
The session. A similar amount "i 'AIf""'I
at the present session. m's'' ~"
il necessary TO prov de additional revenue '''
han is now contemplated. ,.A
II IL understood to he conceded on al s'.'t N,
hat tariff. for protection merely. IS 10 De n'l
and that the revenue Is 10 oe ''"''y
o the necessary wants Of the Go,ernme"'.
ious causes have contributed TO enlarge "'
ospd expenditures for 1884. as viii De 'se"