Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1835-12-15

nor IS II ,n,rson between every .eI' ;,,;ng Mi
from 1898 and 4, TO 49, ,o exports of domestic
articles II apr increase in tie last tn'rty years ~
Proou.e ih-,, nor cent annually OF 'He " ,I o,;;
i eS iban that Of our population" from, our
lower ~ ZEN yca,s hy the great prosperity iro ,h
Gus e! 81 government, and the rapid progress III n
I;o,;on of cotton that increase was near Sh; mr.
oert and in the high price and large exports ,bont FIVE
tcle in the last term Of ten years las 81 ue been
nsT cent annually. But as that price Ha ,hc demand
Unusually high and is lower ana "a, likely to ex-
for cotton abroad, in the ensuing year md on which
coed if it equals. the late castol'' the statement
some interesting n o3r whole domestic exports (oTer
onnba,f Of which consists ol tbercEnre frt.
he less in 1886 than in 1852 ln Of the dim.
60 ~,tLsr than inpairs, the cof'cc."::s - 1870 md
mes, rather ~ f our whole importatlons III looo' anu
nf me- antc;nated receipts OF dut,cs thcIe'toi. :,
~ tho whole, then, as the oieh'i"i i'uu'
OH i ~; which exceed twenty per cent taxes place
'hose o., nsant and will amount 10 near one MIL
On 80 dollars as in the ensuing year, the whole I'M
o.I;ous will by the estimates, be less ana the CON
lnmpon of foreign articles paying daiies is or that
d tber reasons not likely to increase, results IRON
thcse and some circumstances before mentioned mat
the whole amount of revenue which will be received
from imports during the year 1885, VIII PIooaoiy oe
from one to two millions less tha III 1850 IL we loon
forward to 1872 when the tariff is, by our present laws,
to undergoa great change, and II we regard IN hs m
ervenng time, the probable exports OF domes'c
and imports of foreign merchandise, or Inc pfcSu"eu
consumption Of that small portion OF the a'eea |
Tics il NAV fairly be concluded, that after making due
allowances as TO ali these account OF our increasing
population and wealth. and deductng those allowances
from the biennial reduction, not oGy VIII the revenue
occrpinp from customs probably diminish at The average
rate of about third Of million per annum or near
twothrds ola million every second year until the hrst OF
January 1912 but then, at one blow, over Two ana
half millions Of the duties above twenty per cent
is 10 be struck of and the hrst OF July the same
year over two and half millions more and some new
Articles for the first time be rendered entirely tree All
the reduction which to take place in that year alone
will! thus amount to between hive ana SIX inions o.
lars and the whole annual revenue from customs VIII,
by l3 have probably fallen to about nne instead OF It's
present amount ofabout seventeen millions otdollars
Elimination of the Estimates Of Receipts from LANDS
The revenue from lands the ensuing year, has been
estimated at four millions of dollars. In submitting the
estimates for 1885, the amount expected TO Nc
from this source was for then stated
half million higher than it had ever been Deloic an"
was described still too low, 1t the departures pu Io
anticipated that large sales would be mace ao' 'c -.
dams the proceeds of which not 10 60 INTO u'e
Treasury for public But these last sales, delayed
in the first month in the next year, have Unexpectedly
eiven place 10 others, all whose proceeds nave 50 so
into the Treasury This change with tne IN
such uuexamped force of the circumstances detained III
those reasons aided By such eager thirst 1or Inc IN
ycstnent of surplus capital in new lands, and te
PROSPECTS Of large profits from their immediate CULTIVATION
for cotton in the Southwest with the eAtraoFoihIy u
her NJ claims allowed has caused the actual
receipts from their sales, during the year 1882 70
those of any previous year, by the sum OF p4ooaoy w
than six millions OF dollars -. ho
From, the fact that many these sales have ROT oee
,,de to actual settlers and that much OF the lana mus
sold will remain in the market to ala IN mere
after such purchasers-from the prooaolity mat SOME
diminuon in the price OF cotton win the o'
of labor will lessen somewhat the ardor Tor new invest
ments in land in the South-west-irom the cTcunSlah
ces that much fewer prescription claims exist, ana tna
fewer public sales of lands proceeds belong to the 10
ernuen BY over two millions OF acres, Will De adrer
tsed the ensuing ycar-and from the presumption that
the surplus capital TO be re-inrested, derived fiosR
the final payment of public debt and from the I'M
usually great exports the last TWO years. VIII oe
il has moi been deemed safe estimate the receipts tor
nnh)ic PURPOSES from sales of land in 1885, at more tha
four millions Of dollars.
Besides those receipts, the sales Of the Chickasaw
lands postponed before remarked to the ensuing year?
will probably be considerable, the quantity offered
will be about six millions Of acres and though by treaty.
the proceeds of them must be invested tor the Indians
vet the sales WILL to their extent dminsh the demand
for other lands, whose proceeds would 60 into the lrea
suy In looking beyond the next and few succeeding
wears as connected with this subject, it is true that The
whole lands still owned by the United States within the
boundaries of the present States and Territories exceed
the quantity of three hundred and thirty millions OF
acres; and, west of Missouri and Arkansas, perhaps
seven hundred and fifty millions moEe OF which only
seventy eighty millions have get been specially as
signed the Indians in any other way absolutely ap
propriated. But, though three hundred and thirty
millions of acres would alone be enough in quaint
ty at even the rate Of the recent large sales, te
continue, for considerable tmc to y'eid an I'm
portant share of revenue, it must DC remeiGperee
that the demand for it will be limited generaly ol
the extent Of the increase Of population ana capa
and that large portions Of perhaps one-fourt enougf
to be deemed waste and water and probably nan OF t a
we'll as much of that which lies west of the present
States and Territories be considered Of such Inferior
quality that cannot be sold for cultivation t our PoPu
laon reaches amount and density which VIII PIooao
REQUIRE ages to effect Iii illustration of some OF these
views it is remarkable fact, that, OF the whole quantity
of land surveyed aud offered public sale from lS9 to
1884 being about hundred and twenty-five millions
of acres not third Of it has been sold for any pur
pose whatever and that the whole receipts being lit
under fifty millions ofdollars, from the whole sales oil
public lands during that period, have furnished only
small amount, not exceeding three or four millions OF
nett revenue beyond the whole COST IN various ways at
tending their purchase and management.
But considerable nett revenue from them, hereafter
if neither given away divided can with safety be
expected and they would then tend to furnish that re
lief under the burdens, and that aid towards
the and Legitimate Objects OF the nlon when
were intended to be promoted by their original
the General Government. The present rate Of increase
in our population engaged in agricultural pursuits vii
not presumed for six or seven years. create regu
lar annual demand for immediate cultivation OF over one
million Of of the public lands and it is calculated
that from four millions will be bong ht year
" for investment of capital and resale.
The estimates for that time proceeds the probable
presumption that very large portion of old cult
waited lands will be wholly abandoned, and that the
new lands annually put into cultivation in the whole
Union, have been, and will be to the amount Of quite
one half Of those bought by the actual Settlers not d.
rectly Of the United States, but of the several States
or of individual owners. As the wild lands owned by
several of the States and by companies individuals
whether belonging to them through g sale or other
wise, from either former Governments or the United
States shall increase diminish in quantity and price
the sales by the United States likely to lie less
or more and the above proportions 10 become BY those
as well as by numerous other circumstances somewhat
affected The whole sales of public lands for speculation
and investment, well for immediate cultivation
WILL therefore, from various causes Of which have
already been specified, probably Auctuate between two
millions of dollars year iii, 1912, and indeed not offer
exceeding the maximum till of the rich soils
gone