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

The value OF exports of the year e"d'ns IN
IN. sO,h of September last. Is estimated al
co. 66S. 4Os. of which $40. GAG, OS0, were OF 90
nestle and S2O,O2l. S75 Ut foreign articles
showing an increase IN the exports OF domes'
TIC produce of 81. 5O4. $50 over the exports
of the same chara,ter Tor the year ehiihS
sOth September, 1882. and elimination ~ lore
ION article. of S4,UlS.l00. The valae OF The
import for the year ending on the SUN Sep'em'
Der last, is estimated at Si09. 900. 600, being
greater bv the SUN Of SS.DO0,OOO. than the IN
ports OF the year ending 50,h September 1852.
Or the imports of the year ending 3Oh September
last. is estimated that S54, 900, 600, were IN ar
tice, free from duty.
1t wi. be seen, from the foregoing statement oil
the receipts of the present year. that they very
much exceed the amount which they we're estl'
mated in the last annual report.
The excess has been derived chiefly from
customs. which are estimated to produce more
than S20. 100000.
The large receipts of this year. have been
principally occasiuned By the act OF Jnly ii,
1882, which abolished the system OF long ere.
dts on revenue bonds. and required the duties
on wooIen goods TO BE- paid in ca'h. and on other
articles, 10 three and six months. The new re-
the cash dut,rs and shortened credit have brought
into the Treasury. during the present year,
large amount Of revenue, which under the Tor
mer system of credits, would not have been
PAYABLE until 1854. and would have formed
part of the receipt, of that year. The income
of 1883, has therefore mad the advantage of the
new system, az we'll as of the former onc; and
tie receipts are much greater than they would
have been, under either Of them, according to
the established rate Of duties
The expenditures OF the present year have al
so been unusually large, aud are estimated at
S22, US6. 065 81, exclusive OF the expenditure
on a, count OF the public debt.
The appropriations for the year were heavy,
and exceeded bv three millions the appropriations
for 1882. and The balances Of unexpeuded appr"-
pratInns At the close OF that year nave b-en tor
tn. most part applied during the present one TO
the various objects autI"riZed by Law, anh there
fore enter into the account Of ITS expenditures -
Several items OF Appropriation. however, Tor the
d, espnt year, cannot be considered as to- ming
part of the ordinary expenditures OF the Govern
ment. WI bout enumera,ins all objects oi tins
description, II NAV he suffi, lent I" me IoD some,
which have contributed materially 10 enhance the
amount actually expended. The du'ies refund
ed al the Treasury under the las Of the last Ses-
SION, aud thr awards under the convention win
Denmark, are lncudrd ~ tins account: and the
expense, 0cca,Ionrd by the Indian aggre,sions 10
1852, nave been for the most part, paid in this
wear. These three items amount to nearly Two
millions OF dollars. Bur when this SUN l. de
Quoted from the whole annual expenditure. II
show. thar more than twenty millions Of dollars
have been expended during the present year, tor
the warrior, uther objects authorized by law, ex.
elusive nt the amount set apart ior the reimburse
menI OF the "a per cent. stock. The pensions
for lp granted under the acts Of 1918, and 1882
10 The oi GERS and soldiers OF the revolution. have
considerably the annual expenditure |
More than four m,linns of dollars have been al.
ready paid, on thar account, during the present |
wear. There Is indeed no Item in the list Of ap-
which our citizens generally, more |
contribute 10 paw. than the one last !
mentiUned; but IN the order 1T nature II must be |
annually decreasing. and ia the estimates Of the |
coming year, thuse pa, able under the act OF June.
1852. are SET down at three millions OF dollars
The different sums abUve mentioned, therefore,
show six millions Of dollars, paid for purposes
which cannot be considered as entering into the
ordinary and regular expenses ot the Government
and form no rule by which its future annual ex-
pendIure ought to be estimated.
The receipts OF 1884 must be very much below
those Of the present year. A large Por ton oil the
receipts from customs, already stated, has been
derived from the importat'ons Of previous years.
But from the change IN the system Of credits. on.
y small part OF the duties accruing in this year,
will go into the receipts of the next. And the
diminished rate Of duties. which takes effect on
he LIST Of January next. on some of the most pro.
iuctivp articles, and the entire exemption OF
,thers. will contribute still more to reduce the
'eceIpts Of the coming year, as compared with
he present
In estimating the receipts from customs. for
be year 1884 at fifteen millions of dollars. have
assumed that the imports of that year will nearly
quaI those of 1889 This estimate IS higher than
he average of the las, five six years; but it is
,eIie, ed to be a safe one. For although the i'm
,ortations Of each Of the two Iast wears, were IN
Usually large yet the imports Of the present one
ave gone still higher. And the general state of
ur commerce, and the situation OF the country. (
Justify the belief that there will be no serious di.
intuition in the coming year. The condition Of
he mercantile classes does not indicate any ex-
ess Of importston. Indeed, the short credits, j
nd ash duties, will be- fou nd 10 Contribute great