The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1841-03-18
No. 1854.

snEy. u 70 enanRh - maie asr hls.h
for ihs deFfsdasann Of as- @s.nnsr. phea
he sses ihe Minnisr 81 P.a.nss :. IL
fa1gtlfnI e The esiirs e his a. ..a. a
ihs great Interests Of IAs na,ian. 70 %
frame be report. nos 70 snif he ~aus
and srigsncies 81 she country. bot IA save
he parry from the ehsrg~ Of sxnasagsnrs.
and himself irpm shsi q encouragement.
shall not stsempt detailed f1.maas-
ZION 81 The sarlovs items Of Income md
expenditure iar the present ss.r. ssha.i,-
ed IN tie SeereIsry's repess; lnr llrlr
tsllscy and dupiiciiy hare bern fuIls and
ably exposed. The gentlemen lfam New
laik, Maine. and Tsansssee. (sisssrs.
Barnard, Evans. and BrlI,l hare pl4rsd
ihis matter IN On elesr . point AZ vie~.
ihai ao me can misnnarrsishd u ~ha 20
not wllfully ignarsai. Aud n. ls.Ll. 4,
lrmpls that have been mad. ~ ,el.,r
their ealcnlsiiaas. have MEsl~a :. nh
The coRsicl,an snll srn..eer. .has ihrs ~
founded on dsls which csnna, BE- errun
ssrled.
As before slaIsd. lhe Secretary can
mates The receipts f"r The present yesr Al
S2f.3SO.655. iaelueine Ih- lseesnry nases
issCabls uadsr the sr,"l Marrh 81. 1910.
or this he estimates 9.000. 900 tsa,a
customs. Nav, sir. - % reasonable q
suppose Thai lh,s amnual ~ill be rec-,s.
ed IRON eus'aus during the present yrsrl
As 10 the Srrrs,-ry's opm,0n. AHA, !.
that w"rih! IL hi. annual report of De-
eemher. 1899. be e.iinIaeJ he receipt.
from customs lnf 1870 q, sl5.O00. 900,
and .hsy cell short 90. 900. 900. sud learn
that IS nesier Than he ever arrived ., the
truth IN any 6sanclal rAlsnI.il.n. 4. IL
reasonable Ia SUPPOSE, tat The income
from ensioms Tor 1871 Will br err NIL.
lions more ihan in ls40i Why shaad
% be! Gentlemen "a, IssI wear - .,.s
oil grea, pressure. but that trade " ma
re'lsina, aud that the inporia,mr- duunR
the present year are hksl, !. W hs..v
It's tue thai, slnrs The ei,cinn 81 t;e
neral Harrison. confidence has rr.iY.d
and business beg'ns ie prosper: bul ae,,
~ The Efforts Of The hacks To- resume sts.
!, Gle payments. which - one ~ the iru.g-
81 = resioralipn 81 confidence. ,he nre.-
sure 10 the money market mu.i TOR as,int
continue. It's only gradually. tia. hai
-ipess. when once depressed. eau ,Ygsn
Iis lntmer prosperous condi,nn. AMI i
the snb-,reasury is exrrured arrouing IL
the express provisions OF the Law, as Ge.
neral Harrison is hound 20 see ,hsi u
shall be, aud ne-half al The public dues
alter July are rallered in actual suerie,
! u will create IN sddltinnal demand far
. specie, >, the very tine when The banks
] will be endeayp,iag 10 strength lleD
.sives, and sLen ,hev will BE- lrsst able
10 spare il. And my word for IL. II the
sub treasury is executed according 10 tie
euer af the law, yuu will have snaiher
revulsion. the banks vii ag,in sa<.enl.
bcsIn"ss will be pt.susird ranii8ence
destroyed, and the scenes Of 81 BE ru-
acted over again. The gentlemen f,om
! Mississippi, lMr. rh"mps"u) Spoke C
t the large imporl.'ians nav an their way
\ mere across the AlsRuc, The duliss on
r which were to fiji thr treasury. MN,
/, suppose, that is always he case sbou,
!; thus season Of The year. Tie ippnrtiuR
!, uirrchsnis have adhered ont ,hcn rpriny
3. supplies. aud although your pats ms, he
? crowded for sh"rt time, shoa, The iauer
! part of the winier or beginning 81 spring,
YET during the summer months. you may
scarcely hear OF an importation. But
think il mag be safely set down. thai The
Imporlauons next tall will be very thin:
Tor il must be recolected that according
10 the terms Of the 70 npromise act. the
duties an all arurles are To come down
an the Isl January next, 10 The propor-
ton OF one halt OF ihsIr excess over tsen-
~ per cent. Then, Is Il n0, reasonable
10 suppose, that the merchants will wi,h.
hold their imp"riaiians iill af,er the lst
January, except IN such smali gu mites
as will meet a ready salef Mnst assured
ly they vii. Olhefsis their s'nek re-
naming ON hand. could h. nuJprsaid bv
those importing after the lirs, Of the year.
Owing To these circumstances. ] da No,
believe that thu Income from cus,nms ior
1871 10 hkrly To exceed ihst &c 1870.
But putting u al a medium between Sl9,
O00, 1000. as estimated by The Secretary,
aud Sl3. 000, 900. the amount IeceIved in
1910, and we have 100000, which
is liberal, and, as believe. an over es
innate.
i Next 10 The estimate Of receipts from
public lands. which the Secretary puts
down q, 80, 500. 900. 'fhTsI avn Willing
to allow. although understand the Com-
missioner nr the General Land Office has
gwen ii as his opiuIon that NV i'll not ex-
reed 50. 5000 Add to This " miseel.
lsneous," expected h,lancr available on
the L., January next" the sum "due
from banks which Is likely to be made
available" and " sddi,ional means sris,ng
from treasury notes authorized ~ he is-
eued under The aei III March 81. $780,"
! and you have the whole means for The
, support Of government for the wear 1871,
: amoun,ng IN eel 723 Ava.