Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1834-12-08

,,s a.tn solemn undertaking, anu feio'e " = .
acknowledged debt. 10 that event. 80
DELAY on our part will be Q STAN upon y -
honor. as well as a DENIAL oil justice ~
eilizsns. Prompt measures, shsh "' - raas,
F,soee sbail be complete, will not only oe -
! honorable ard just, but will have INC I
on our national character. 80,
since France. in violation OF the pledges gwen
thro,gh her minister here, las delayed her hna' ao-
ton 50 long That her decision viii mol ffooaoy "
known. in lime 10 be communicates 10 MS ="
sress, | recommend that "A lay be posseu, NUM-
zing reprisals upon French properly ID oase :"
sion shall not be made for the payment 0 "9
debt, at the approaching session oil Inc = ''"s'
Chambers. Such a measure ought to' opo '"'
sidered by France as a menace. fiet p.ue ""'
power are too well known to expect any ihins no"
her fears, and preclude the necessity OF a dec'afa
non that nothing p~ariaking of the character Of
Intimidation is intended by US. She ought TO look
upon it as the evidence only Of an lnfexioie ne'et.
mination on the part of the United States, 10 '"sls'
on their rights. That Government, by dong only
what il has itself acknowledged 10 be just, wHl ne
able 10 spare the United States the necessity oita-
king redress into their own hands, ana save lhe
property of French citizens from that seizure ana
sequesttation which American citizens so long Ell
dured without retaliation or redress. II she shou'o
continue TO refuse that act OF acknowledged Juslife,
| and IN violation Ot the law OF hhthbnSt h"hS 'tp''
sals on our part the occasion Of ho%stlliiles against
the United States, she would but add violence to IN
Justice. ard could not fail to expose herselfto the
la>t censuIc OF civilized nations and to the rcirlbu-
tive Judgments of Heaven.
Collision with France is the more TO he regretted,
an account Of the position she occupies in Europe
in relation TO lbcral institutions. But IN MAINTAIN
Ing our national rights an honor, all governments
arc alike to US. lfby a collision with France, ina
case where she is clearly in The wrong, the march
of liberal principles shall he ~lmpedcd, the response
bllity for that result, as well as every other, VIII rest
on her own head.
Having submitted these considerations, It be-
longs to Congress to decide, whether, after Wiiai
has taken place, it will still avail, the further action
of the French Chambers, or now adopt such pro-
visional measures, as II may deem necessary aa1
best adapted to protect the rights and maintain the
honor OF The country. Whatever that decision may
be- will be faithfully enforced by the Executlvc,as
far as he is authorized SO to do.
According 10 the estimate of the Treasury lie
paitment, the revenue accruing, from all sources,
during the present year, will amount 10 twenty NH
lions six hundred and twcnty-four thousand seven
hundred and seventeen dollars, which, with the bal
nncc remaining in the Treasury on the first ofJan-
uary last, OF eleven millions seven hundred ard
two thousand ninc hundred and five dollars, produ-
ceS al appTfRdte OF tnIty-tWO ulllllOnS lnICC nun
bred and iwenty-seven thousand six hundred and
twenty.three dollars. The total expenditure do-
ring the year for all objects, including the public
debt, is estimated at twenty five millions five hun
drcd and ninety-onc thousand three hunGre ed aid
ninety dollars, which will leave a balance in the
Treasury OF the first Of January, 1888, of six mil
hons seven hundred AMI ,hirty-six Thousand two
hundred ard thifty-two dollars. In this balance,
however, will be included about one million one
hundre ed and fifty thousand dollars of what was
heretofore reported by the Department as not eiIcc-
tive.
Offormer appropriations il is estimated that there
Will remain nnexpended at the close of The year,
CT ght millions two thousand nino hundred and
twenty-five dollars, and that of this sun here will
not he required more llan five millions one hundred
and ~forty-one thousand nine hundred and sixty four
dollars, TO accomplish the o1jec.s OF all the currcai
appropriations. Thus IT appears that after satisfy
ing all those approPria ions, and after dscharsing
he last item OF our public debt, which will be done
on the first January next, there will remain unes-
pended in the Treasury an effective balance Of n
bout four hundred and forty tIousand dollars. Thai
such should be the aspect of our finances is II highly
flatterlng 10 the industry and enterprise of our popu-
latIon, and suspicious ofthc wealth anl prosperity
which await the future cultivation Of their growing
resources. Il Is not deemed prudent, howc,cr,to re-
commend any change for the present in our imposl
rates, the effect Of the gradual reduction nov in
progress in many ~oftlesc, not being sufficiently
tested to guide MS IN determining the precise amount
Of revenue which they will produce.
Free from public debt, at peace viii, all the
world, and will, no complicated interests 10 consult
n our intercourse with foreign powe,s, the presen,
may be hailed as that epocn IN our history the most
favorable for the settlement of those principle IN
oar domestic policy, which shull be best calculated
TO give stability 10 our Republic, and secure the
blessings OF freedom TO our citizens. Aplonp these
principles, from our past experience, 1t cannot be
doubted that simplicity IN the character of the
Federal Government, and a rigid economy in It's
administration, should he regarded us fandsmeo-
tai aud sacred, All must be sensible tina; the ,xls-
'cace OF the public debt by rendering tsxation ne
cessary for It's cxtinguishmcnt, has increased the
difficulties which are 'nscparable from every cxer.
else of the taxing power; aad tina, il was in ,Lix
respect, a remote agent in producing those disturb
ing questions which grew out of the discussions
relating to the tariff. If such has been the iendc,cy
Oh a usot incurred in The acquisition and maintc-
nance OF our national rights and liberties. tho obi,.
Sa''ons Oh "hlch all portions of the Union cheerful
y acknowledged, II must be obvious, that whatever
> calculated 10 increase the burdens Of Government,
wnhout necessity, must be fatal to all our homes of
preserving lis true character. While we are teIici.
tatinS ourselves, therefore, upon the extinouisbme,,
OF the national dedi, aud lht prosperous STATE of onr
finances, let us not be tempted 10 depart from these
sound m"xlms OF public policy which enioin n ;,s,
adapta'ion oil The revenue 10 the expend,ures IN, -
consistent with a rigid economy, and an e,t,,o al
stinenco ffom all topics of legislation that are No,