Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1841-12-22

y
73a,3i6 81. The expenditures for the
fourth suarter. as estimated. will amount to
-sT.290,723 23;-,lius making total Of
s32 or, ,079 20; and leaving a-ds6cii tnbe
,,,oyideti for, on the FIRST of january next,
sfaboui S627 $50 so.
or the ioaa of Sl2 ,O00. 900, which was
authorized by Congress a, its late session
only S5, ,432, ,726 S5 have been negotiated.
The shor,ness of time whichil had to run,
has presented no inconsidcrable i'npedi-
n,enii in Ihoway OF its being takenby cnPl,,
,alis,s az home, while the same cause would
haye operaled with much greater force ia
the foreign market. For that reason ;he
foreign market has no, been resorted TO;
apd + is now submitted, wheiherit would
no, be advisable To amend the law by MA
Link what remains undisposed OIL Paya-
bio at moro distauiday.
Should itbe necessary, ia any view tnas
Congress may tako ofthc subjcci, TO revise
,he existing tariff Of duties, lbes leave TO
saw. thai, in The performances Of ihu' inosi
delicate operation. moderate counseis
would seem To be the wisesi. The Gov
ernncnt, undcr which it is our happiness
90 live, owes its existence to the spirit oil
connro,rise which prevailed among ITS Ira.
mcrs-iarriug aud discor,lant opinions could
only have been rceoucj!ed by that noble
spiri, of patriotism, which prompted con-
cslia,iou, and resulted in harmony. In the
same spirit the compromise bill, as 1t rs
commonly called, was adopted at The ses-
sion of 1888. While the people ofno por-
ton cflhc Union viii ever hesitate 10 pay
all necessary taxes for the supper, OF Gov
crnmcn,, yet an iuua,e rcpusnnnce exists.
40 The imposition ofhuslhens not really ne
ccssaiy for that object. In imposing du-
lies, however, for the purposes oirevenue,
a RIGHT TO discriminate as 10 the article on
whicf, lhe duty shall be lni'l, as well as
The amount, necessarily aud most properly
exists; otherwise the Gopernmcn, would
he placed in the condition Of having to
levy tho same duties upon all articles. The
nroSluciive, as we'll as iho unprol!active.-
Tae slightest duty upon some, might have
the effect Of causing their importation To
cease, whereas others entering extensively
INFO The consumption of,he country, might
bsa. the heaviest, without any sensible di'
uoiuu,iop ia the amount imported. 80 also
,,he Government may be justified inso DIS
crimina,ins, By reference to other consid-
cratious of domestic policy connecied with
our manufactures. So lnng rs the duties
shall he laid with distinct reference To- me
wants of,he Treasury, M well lnunhed
objection can rxist, against them. nm'ghl
b. esteemed desirable that no -Sneh aug
meutatiou OF the taxes should take place as
would have the effect OF annnliIng tue
land proceeds distribution acI al iiie las'
session. which act is aec!8real 10 be Impera.
rive the moment the duties are incr9assd
bevend % per ccui, the maximum rate
esiabIished5y the eomPromise act Some
of the provisions of tie comprnIniso acl.
which will gointo effect on the 3o'h day oi
Jpne next, may, however. be found exceed
iugly inconvenieut in practice, under
any regulations that Congress may auoll.
i refer more particularly toi|iattelatins to-
the homo valuation. Aditiegenee inValre
of The same articies 10 so.ae cxtcnt, Will,
necessarily, exist al different ports-bui
ihat Ia altogether insignificant, When com-
nsred with the conflicts 10 vasuauon, which
are likely 10 arise, from Tho differences OF
opia;on among the numerous appraisers OF
merchandise. In many instances the es'i-
mates of value must be conlec,ual- and itps
as many diferenl rates ofvaluc may be es-
tabIished ms there are appraisers. heso
differences ip valuation may also DC increh'
sad by .he iucl;na,ion. which, without The
sIichtest imputaiion on their honesty, may
arise on the part OF the appraisers III favor
ofthcir respective ports ofentry. recon-
mend this whole subject 10 the considera-
tion of Congress, with single addition
al remark. Certainty anG per'nanency ~
apy system of governmental policy are, in
all respects, emiuently desirable; but more
particularly is this true in all that effects
trade aud commerce, tho operations Of
which depend much more on The certainty
of their returns, and calculations which
embrace distant periods Of time, than OF
high boun,ies, or duties, which arc liable
20 constant fluctuations.
AT your late session. I invited your at-
,en,ion to thecondition ofihe currency aud
exchanges. and urged the necessity ofadoP-
ting such measures as were consistent with
,he constitutional! competency of the Gov
srnmen., in order TO correct the unsound-
ness of The one, and as far rs practicable
she inequalities OF the other. No country
can be in the enjoyment of its iul meas
ure OF prosperity, without IN, presence of
q medium Of exchange, approxima'ing to
uniformity Of value. What is necessary
as between the difIereu, nations of,he earth
Is also important as between the inhabi-
tants Of different parts Of the same coun-
try: with the first the psccious metals cnn-
s,jiute the chief me'lium Differentiation, aud
such also would be The case as 10 the last.
hut for inventions comparatively mod
ern, which have furnished, in place OF gold
and silver, q paper circulation. do not
propose TO en,erinto comparative analysis
OF tho meriis OF tho two systems. Such
belonged moro property TO the period OF
the introduction oflhe papersysleln. The
speculative philosopher might find induce
nents to prosecute the inquiry, but his re-
searches could only lead him TO conclude,
that ,he paper system had probably better
never have been introduced, and thai socie-
ty might have been much happier without