Lincoln telegraph. [volume] (Bath, Me.) 1836-1846, 1841-06-10

and settsr among US members of our rapidly
gto@ihg family, and for the blessings which We,
aher them, We require Of them to look upon onr.
country as their country, and TO unite with us lis
Il" great task Of preserving our institutions. and
thereby perpetuatng our liberties No motive.
exists for foreign conquest. We desire but 10 re
clam our almost illimitable Wilderness and to in
troduce into their depths the lights of civiliza.
ton. While we shall at all times be prepared to-
vinaicate the national honor, our most earnest
desire will be to maintain unbroken peace
In presenting the orrgoing views, cannot with.
hold The preston Of The opinion that there exslst
nothing IN the extension OF our empire our &C
know ,ged possessions 10 excite the alarm orihe pat
riot for the safety of our institutions The Fedeatve
system, leaving to each State the care of ts domes-
TIC concarns, aud devoving on the Federal Cavern
mrrt those of general import, admits in safely of
the greatest expansion, but, Mt the same time,
deem it proper 10 add, that there will be found to
cAist AT all times. an lmperous necessity Tor re-
straining all the functionanes Of this Government
within the range of their respective powers, thereby
preserving Just balance between the powers grant
ed 10 the Government and those reserved 10 the
Siaes and TO the paop.e.
From the report of the Secretary OF the Treas
ury, you will perceive that the fiscal means present
and aocruing are insufficient 10 supply the wants OF
the Government for the current year. The balance
in The Treasury the fourth day of March last.
covered by outstanding drafts and exclusive of trust
/
sum of $4,000 deposited in the mint and It's.
branches 10 procure metal for coming and in pro-
cess OF coinage, and which would not be withdrawn,
without Inconvenience thus leaving pub ect TO draft
in the various repositories he sum of $685. o0.-
Fly virtue of two several acts of Congress, the Sec
rotary Of the Treasury authorized to issue,
and after the fourth day of March last Treasury
Notes to the amount OF So 3, 900 making an az.
gregate available fund of Sc, 059.000 on hand
But this fund chargeabe with outstanding
Treasury notes redeemnbe in the current year and
interest thereon to the estimated amount of five mill
ion Two bundled and eighty thousand dollars. There,
Is also thrown upon the Treasury the payment of n
lage amount of demands accrued in whole or, liz,
part in former years which will exhaust the ayala-
bic means Of the Treasury, and leave the accruing
revenue, reduced as it is in amount, burdened with
dept and charged with the current expenses of the
Government ! he aggregate amount of outstanding
appropriations the fourth day of March last was
$s33,4296I6 50; of which s24, 2lO 900 will be re-
CURED during the current year; and there will also
be required for the Of The War Department ad
duona appropriations to the amount Of two mil
ion five hundred and eleven thousand one hundred
. and thrty-two dollars and ninety-eight cents. the,
SPECIAL oh cts of which will be seen by reference.
to the report of the Secretary Of War. e.ss
The anticipated means Of the Treasury are great
ly inadequate 10 this demand. The receipts from
Tor the last three quarters Of the last wear
and The first qnarer of the present year. ainounteG
TO Sl2 100 900 the p;s for lands for the same
time to 2,7l?,450 showing an average
from both sources of $l,236,780 per month A
gradual expansion of trade growing out of restor-
alton ofconfdence. together wha reduction in the.
expenses OF collecting, and puntuality the part
oi collecting officers. may cause an addition 10 the
monthly rece pts from the customs. They es-
tniated for the residue ofihe year. from the fourth
Of March, at Sl2 100000; the receipts from tn
public land for the same time estimated at 81
800 600 and from miscellaneous sources at TN
600 making aggregate o. available fund within
the wear of s "a 670,n00 y which will leave proba-
bic deficit of SSl ,406, 1872 90. To NEE: this
temporary provision is necessary, until the amount
can be absorbed by the excess of revenues which
are anticipated accrue at no distant day.
There will fall due within the mex: three months
Treasury notes of the issue of ls40 including ine--
est about 50, sc, 0j0 There is chargeabIe IN tn,
same period for arrearages for taking the sixth cen
sus 1924 900 and the estimated expenditures fo;.
the curran; service about IS, 90, 000 making
the gate demands upon the Treasury prior IL
the first of September next, about ST., 340, 0Qn-=-
The ways and means in the Treasury, and esimn
ted TO accrue within the above named period cons-
of about 1864 900 Of funds available on the 29th Ill
tinlo AN unissued balance Of Treasury notes an
ihorized by the act Of lo4l, amounting to 81, 955
Co., and e.,imated receipts from all sources Of $3-
500 900, making an aggregate Of about 1000,
and leaving probable deficit the LIST OF Septen-
Der next of Ss4, S45 900.
In order to supply the wants Of the Govern
ment, an intelligent constituency, in view ofther
best interests, WILL without hesitation, submit 10
all necessary burdens. But it is nevertheless i'm.
rportant so to impose them to avoid defeatinr
the lust OK pee atons of the country, growinr gu:
of pre-exsting laws. The act Of the I'd of March
lS33, commonly called the compromises act
should not he altered except under urgent neces.
sites which are not belle we'd at this time ia exst
One year only remains TO complete the series 1i'
reductions provided for by that law, at whic
time provisions made by tho same law, and which
viii then be brought actively in aid of the man
featuring interests of the Union, will not fail i
produce Che most beneficial results. Under. .,
system of discriminating duties imposed for pun
poses of revenue, in unison with the provision
of existing laws, 1t is to be hoped that our policv
will, in the future, he fixed and permanent, SOFAS
to avoid those constant fluctuations which defeat
The very objects they have IN view. We shall
thus best maintain position which, while II VII
enable us the more readily to meet the advanceH
Of other countries calculated to promote our trade
and commerce, VIII at the same time leave IN on.
own hands the means of retailing with greater ei-
feet uni ust regulations. - sf
q. In intimate come xion with the question Of rev
enuo, is that which makes provision for ssn,ia
BE fiscal agent capable Of adding increased tpc,l'
tiles in the collection and disbursement d the pub
lie revenues, rendering more secure then cusso-
dy, and consulting true economy IN the gssa'
multiplied and delicate operations OF Inc ireasu'
ry Department Upon such an agent. depenas'
in an eminent degree, the establishment O. a cur
rency of uniform value, which is OF SO great M