Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1837-12-18

The imports during the last quartz, ending Sep
iember 30th, only 500, e2a6l, AT the rate OF
bu, Sol 81 S,aia wear.
Perhaps stronger illustration could not exist ot
the extrasagant trading during 1886, than the
fact now ohcia, ascc,taned, that the imports which
in Il natural condition al business should he less
than those of ls37, nearly fifty millions larger,
and were about hundred millions beyond the tate
of imports during the last quarter.
The exports during that qultlcr were Si9,la9o3i,
being $ los 5l0 ol domestic otiein, aud s6,o52,a2i
of foreign growth. BY ihlsfcsn Twill be gait wing
To that the imports though diminished, weic not
all needed ion home consumption, aud That great
proportion oi them III former quarters has been sent
abroad to reduce the foreign debt. ct the whole
exports were sinallei than maus anticipated. They
have also very uncNncotedl, been 81 533,5l3 less IA
amount dian the npott, during the Same quarter
Bat II feght., commissions, and piofhs, n well ~
rem!tt1utes stocks o various kinds, ate tab en- lno
computation. tho probabilities me, that tie lotttgh
debt, lar irom having been increased within thai
period, has bera lcsscued sure millions, hui uol 10
80 great an extent Is most persons have supposed
In the list report on the finances, some Suggestions
were lie, which further experience has served 10
verify. tesieetlnH the mllarnee "hsh the sudden
tlll IN he piec cotton had oNcrted darn2 tho Nen
IL producing eommefCid enbdli issthtnis as well as
Il dmmtalun III the value oil oni exports.
i nas be u,eiullo Avert moment 10 the unit
sla eject upon bulh of those subjects, causedbs HE
fluctuations II aautlrt altlsle,
In scatous OF .omnion crops and IN times When,
an,lel the guidance o ordinary prudence. industry
WIS directed none Ia the cultivation ol the soil the
Lifted States WIRE accustomed, under the blessings
ei I4oGita IL teteEe, ruhr thm IL pay, ln&e
sums lul tle great necessary oil lie. lor 4 serrs
of many Ncats the salae oi the grain and ilauf m
ported dd act exceed lew Thousand dollars, while
HAT Npeltrd Was, on al average, quite S6ap0loo0
sometimes II exceeded even @l4 600 go. aud So
lac IS ls33. 81 and 10. announced I" ncalN 5000
aeu muaalls. Bat inlhe ycr ending Septemher 3oh
ls35 the exports 81 them ltl oA nearly miliion,
While lire Impofis wen augmented III value to The
Unprecedented amount II morn than louf and a hal
millions.
Tn, revision, 50 great and 20 sudden. nom hGng
my home a small amount 10 Importing 80 many nil
lions wostof products, mostly Ion single p1rpo' :
and that our 80 lmpoItant ~ domrsh eeulpn1 "a
bfc "a ss. WIS of ltsel sufficient 10 create severe
shock From Whatey u raa,e HE necessity p It may
have happened, the result conveys warnings which
II i, believed hae' recently cNrttrd shniaiy nlu
ence IN aiding 10 resoie Judieons system OF a2r-
culture, aud to promote an increased attention Ia Ia
b's al productive industry
Amomcut's reflection on the detailed effects Of Tie
h.i prices, whieIitnsn lei the retusioa. will aho"
4lat the1 nd the buldrfsuinr change al i've 81 siA
ndl!ilus ~ our porjs, must when united, have at
lectel thr pacuuafy dicnlle, OF The country, and,
numr irtcY, Is uade and currency, much moI#
sen iblY Han nlp-t people haze nnlR9ued. BeslIts
HE el.a which is distilled. cmpl1 yrd ~ The att,
~ consumed by domestic animals, 1t Is believed thlt,
n 5fl average. pound Il lom OF meal per da5 "a
each person is used lor bread stun, aloue.
The Whole quantity Ion a#popnal'l nj l3.G0n
900, would al HAT late he uemIy . .u9Q1opl9 'bss
a year. Al the j4,e Il DIrre cents pen annd iuf
wheat 1our, and only and bali ecnis pa pound
f1r mead from the cheaper varieties oil gram, winch
Is o IA ltom thr eefaIe al la3 aud ls3a, Tie cost
lel bread aonc, If only oac-l'I the f"Pn 'on used
wheat flour. AMI In Isl minerals les cos4) would
be- about Sl2l ,OoU.G00.
tltfir -
1eal M decreased IN m9sl place. quIle riBhls PEI
cent Whether this eleat Use should BIZ atulbnted
shun crops, 10 an undne portion oi Labor bestowed
upon the production OF Other articles. To dept cialon
IN the value nl thr circulating medium, N cahse=
quence OF excessive issues Of paper, TO all thcsr
causes 90 mined, II 10 be clear, thai the III.
crease III the cost 81 bread Nlone exceeded sloooOo-
o0D
ltotly half Of lllc Whole population mol raising
fheir own nrain wee Obliged To purchase i at such
an enhaicrd piice The tax imposed ou HAT class
alone, on account 81 their bread, exceeded $4,000,
600.
This addition to the burdens beatly seven
dollars per hcad aul whcn ot tins 10 ien.unei L
noa was made 10 miny persons, - there "as only
SOM, by higher prices Obtained Tor then Ltbois
and merchandise exchanged, the increase done WIS
four times much Il, the average Lax Imposed by
mcaHs of all the great duties on taIeign merehan-
disc On he present occasion, the undersigned would
fofbeAr from entering further into the consideration ol
various other matters connected with tins interesting
subject But when tho Influence OF II upon dd-
lcient portions OF The country Is traced lhio some oil
rs numerous bearings and CAREFUL, weighed, ne"
fupic, oil inquiry are presented Which wall he found
To hive al intimate connection not only ala the
value 81 some OF staple exports, but III other re
speets with the vlaI prosperity OF hug portions d
The mon.
>. Fulicr explanations Us 10 DC ferauc and rP1ii-
hrcs fof l135, ami At fret upon the byla"s Pass-
Il n ME l1le sPec'al scss''a.
Il may bc interesting 10 Congress 10 have few
more details concerning TIE receipts and expenditures
OF The current 8ear
The receipts within ii have been diminished b. le-
crnt Legislation four millions. Had the duties
not been postponed, the revenue. from MI sources al
ter deduetlug the expenses OF collection aud ottter
charges usually imposed Oh H. would mt, III The -
resate. have differed materially from tie estlhaies
formed by the Department III December last.
Tile receipts, during the cnneut half ol HE veal,
have also hus lar co,resppudcd With Tire ye"s pre-
scented By il gt tie - session. except tha Tie post
ponemen of da'ics. subsequently authorized by ION
gfess has not been uuiiU My accepted IS WIS M
liclpatcd, aud portion ot the current excuses o
collection. ueludirg debe,turce and bounlcS has,
under new law, been pad from thr Irasufy, IN
stead being dcdnceF, rs formerly. rom the decfa-
ing revenue, before II goes into the Treasury.
Ii should also be explained, ihat the estimates 81
receipts foi any parucular quarter OF year, though
made accurately, VIII often yny from the subsequent
official statements because the money IS not carried
BY upon The books OF the Register al alter 1t
is placed IN some public depository, on actually PAD
oul by the collecting officer on special drails
IN ordinary tunes the results would not be much
changed By this circumstance. Blu during fluetua
tons such as have characterized the lastwo or three
yea,s the difference caused by It may occasionally
NJ, low me hs