The pilot and transcript. [volume] (Baltimore, Md.) 1840-1841, 1840-12-14

ports may be attributed to some alteration IL the
habits Of the community, not connected Win au-
ditional wealth
The disposition in families ts rely less on their
own resources, and obtain more by means OF
| mercantile exchanges abroad as well as at home,
| has, without doubt, grown more rapidly Oh late
years than formerly, and tended to augment
both the imports and exports beyond what the
real increase in the amount OF products Woulu
| indicate. Yet the great excess OF exports dur
ing the last few years, over those oil previous
times, cannot all have arisen from these cucum-
stances. Granting, however, that some oil
has; the consequences to that extent, and III sno-
Their view of the subject, are not so we'll calcu-
| lated to excite grstifcation The increased de-
pendence which the change of habits, IN selling
and buying so much more Of what Is consumer,
has occasioned between different countries ana
| those engaged in different avocatlsns, as well as
the increased credit thus demanded through ma
nv new ramifcations, and the greater subsection
thus produced of almost every pursuit to the
evils attendant on fluctuations IN prices, on nahA
| expansions, and revulsions in commerce, nave
probably exercised an influence on the events Of
the last four years not inconsiderable nor salu-
tary. Combined with other causes, they must
certainly have tended to effect wide and unta-
vorable alteration in public manners; and may,
| in time, infict an injury on the morals and cha
racter Of the nation, which will more than coun-
terbalance all the gains in wealth.
Y. The estimates OF the receipts and expendl-
lures for 1S41 next demand attention
The actual receipts and expenditures in that
year can of course, be SO regulated by Congress,
| through new legislation, as to reach nearly any
amount it may deem proper. But the under
signed can neither increase nor diminish themj
th9ugh duty is devslved on him, in respect to
| Al xpl,iIa aNf head of thn Treasury.
which he now proceeds to perform-of present
ing some opinion concerning the amounts 10
which, under the existing laws, and the calls OF
the different departments, they are likely to at
| tain.
He will further suggest any general changes
which appear to him expedient, as well as any
nav meaRs deemed necessary to meet all the
burdens, which, it is apprehended, may be In
posed
The estimates for the ordinary receipts and
| expenditures in the ensuing year differ some
| millions from what will be actually received
and expended in the present one.
| 1t is calculated, however, that the difference
will be what is always most desirable,-some In
crease of the receipts, and further dlminutlon
of the expenditures
| The estimates for the latter, in the present
wear, were made less than those of 1889; and the
results have correspondent. Indeed it is a cause Of
much qualification that the expectations hereto
fore cherished, of materially reducing the public
! burdens have been verified to so great an extent
| Thus. the expenses of 1888 fell below those o
1887; while the expenses Of 1899, notwithstand
ing the continuance of the Florida war, were
nearly eight millions below those of 1888; and
is expected that the expenses of 1910 will b
| from two to three millions still lower, or quit
ten millions less than those of 1885
They would have been nearly twelve million
less, had not that war continued, and UNUSUAL,
large payments been made to Indians, under oil
} appropriations.
1t is believed that the ordinary expenses OF IS4
oaght to fall some millions below those in 1910
as the pensions have diminished by deaths, fewe
Indians remain to be removed, several expensiT
public buildings have been mostly finished, ant
| hostilities with the Seminolss must be neare
| to close.
More details concerning the estimates for thu
next year will be proper, and will illust ate thu
correctness of some OF the preceding results.
1t may be stated, from the best data in posses
sion OF this Department, the receipts, under thu
existing laws, will probably be as follows;
From customs 100000
| From lands 5,oOO,UO
| From miscellaneous 5000
Add the expected balance in the
| i.nSsry next ~ 1850, SIS