The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1840-12-17

slFena1hthed The PFaPEIely on ss eaTlisE
: PEsensable Esduslion Of lie p be sIpsh
: dilBres.
nut 70 ehsnee . sssien epaiing upor
/ 80 large q surface. and applied 10 such
! numerous and dissEsiIied irsrfsIs and
! ahletn. wss more lhan The w.4 of daF,
Y ne attention Of esery deparlknt of Ehs
6ssernmenl Mas innrdia,e, ana II
goad iaiIh. diIecled 10 Thai enc and ~.
BEEN 30 continued IN the press1 moment
The sslimales aud appropriations Coz Ihs
year 1855 (lhe irsl over shirIl had sny
eahirnl, we're somswhal dimIished.-
The expenditures 81 1899 ~st reduced
az millions Of dollars. Thasapf is4O,
exclusive Of Disbursements Tor nblic deb
and lrusl claims. aill probably NJ exceed
.seniy two and half millios; being
hrsseen two and three millionsess Than
those Of The preceding year. an nine OF
tea less Than those Of 1897. Mr. has il
been found necessary. in orde 10 pro
duee this resnli. 10 resort In N power
conferred by Congress. posipoing Ger.
tain elssses Of The public works. lslerrina
expenditures for . short period upon :
limited portion of them; and With post
pnnemeni terminated some lice since
81 The rsomrnl ihe Treasury Denrment.
By further receipts fram the indebted
banks. became foil assured OF III ability
10 meet Ihtm without preiudic 60 The
pablo service in other respects eau
sss are In operation which will. 10 be-
iiesed. justify . siili fEriher reIurlion.
without injury 10 any important alionsl
interest. The expenses af suslaitrg the
iraops employed in Florida haze been
gradually aud greatly reduced. Trough
tie persesering efforts the WarDepsr,-
meni; and reasonable hope maybe en-
lerlained that The necessity Tor hillary
operation in that quarter will soos cease.
The removal OF ihe Indians frotu within
our sellled borders 10 nearly completed.
The psnsion lisi. one oil The heavis, char
g-s upon the Treasury. 10 rapidly dimin
lining BY death, The mos, cos,lE Of our
public buildings are either flushed or
nearly 90; and We may. I ihiak. "a frly
pomise ourselves q continued exemption
from burder difficulties.
The available balance in the Treasury
On the IL, Of January next i. es,irs st-d >,
one million and hall dollars. This
sum. with the expected receipts kom III
sources. curing ,he nexi year. will, il 10
believed. be suffieien, 10 enable fhe Go
seTnmeni 10 meet every engagements. end
leave . suitable balance 10 ihs Treasury
q. she end VI The year; If The remedial mrs-
sures connected with he customs and The
public lands. heretofore recommended.
shall be adopted. and The new appropria
si"ns BY Congress shall not carry the eK
pend,lures beyond The official estimates.
The new system established by Con
grsss for the safe keeping Of the pablo
money, prescribing The kind Of currency
10 &c receisoi lor The public refenus, sntI
providing additional guards add securities
against losses, has naee6een several
mouths in operation. although il might
De premature. upon an experience Of such
limited duration. 10 f'um definite npini
D. in regmd 10 The extent Of lie inAuen.
;ss m correcting many evils under which
Ihe federal government and the country
have hiibeno suffrrej-especIally those
that have gown out Of banking expan-
Sons. a drpreeia,ed carTeacy, and official
iefslca'ions: We, II is but right tn say hat
nothing has occurred n the practical ope.
rail n ii The system to we.ken in The
slightest degree. but mich to strengthen.
Ihe confident anlicipatioas If its friends.
The gfoun.Is of these have been hereto
ore 80 fully explained as To require no
ecspit"lalion. In respect to the facility
md convenience il affords IN conducting
re public service, and the ability Of tie
,osernment 10 discharge through its agcn
y every doiy attendant on the c"llec,io",
ranslsr, aud disbursement of the public
money with promptlsu!e and success. |
.n say. with confidence. that the appre
Iensiuns of those who Eel. il to te their
Iuty to oppose ils adoption have proved
/, be unfounded. On the contrary. this
'raach Of the fi.czl affairs Of the govern
nenl h.s been. and il is brliesed may al.
sass be. thus carried on with every de.
irahle facility and security. A few
hanges and improvements in the details
4 the system. without affecting any prin-
iples invUlsed in IT, Will he submitted TO
gu BY the Secre,,ry of The Treasury.
nd will, am sure, receive at your
ands that attention to which they may,
N examination, be f,und To- he entitled.
have deemed this brief SUNNI ny Of
ur fiscal affairs Necessary TO lhc due per
Drmance OF duty specially enjoincd
pom me by the constitution. IL will
crve also, 10 illustrate more fully the
by which have been guided
u reference 10 Ivo contested poin's in !
mr. public policy. which were earliest |
n their desclopement. aud have been !
nnre important in their consequences, |
ian any that have arisen under our snm-
licsicd AMI difficult. We, admirable sys-
I'm nf government: | aIlude to a national |