The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1841-06-10

E4Aa4tl ftokAE11Att AAlA CacC IA Jul fupu-
laiion. Upon the breaking out Of the war
of the revolution, our numbers scarcely
aqnzlled three millions OF souls; they
already exceed seventeen millions, and
win continue 70 progress in ratio which
duplicates in period Of about twenty
three years. The old states contain a
territory sufficient in itself to maintain a
population Of additional millions, and the !
most populous Of the new states may even
yet be regarded as but partially settled,
while Of the new lands on this side Of the /
Rocky Mountains, to say nothing of the
immense region which stretches from the
base Of those mountains 70 the mouth Of
the Columbia river, about 770, 000, 900
acres, ceded and unceded, still remain 10
be brought into market. We hold out TO
the people Of other countries an invitation
10 come and settle among US as members
Of our rapidly growing family; and, for
the blessings which we offer them, we
require Of them TO look upon our country
as their country, and to unite with us in
the great task Of preserving our institu-
tons, and thereby perpemating our liber-
ties. No motive exists for foreign con-
quest We desire but 10 reclaim our al
most illimitable wildernesses, and 10 in
troduce into their depths the lights of CT
vilizatiOn. While we shall at all times
be prepared TO vindicate the national ho-
nor, our most earnest desire viii be TO
maintain an unbroken peace.
! In presenting the foregoing views,
cannot withhold the expression of the
opinion that there exists nothing in the
extension Of our empire over our acknow-
, lodged possessions 70 excite the alarm oil
/ the patriot for the safety of our institu
, tons. The Federative system. leaving
. to each state the care Of its domestic con
, Germs, and deyolving on the federal gov
, ernment those Of general import, admits
, in safety of the greatest expansion, but
/ at the same time, l deem il proper to ado
/ that there will be found to exist at all time:
.. an inperious necessity for restraining al
the flnctionaries of this government with
1 in the range Of their respective powers
/. thereby preserving just balance between
, the powers granted to this government
+ and those reserved to the states and to tn
v people. .s..... .....-.....
all From the report Of the Secretary of tn
} Treasury, you will perceive that the ifs
4 cal means present and accruing are insui
: ficient to supply the wants Of the govern
: ment for the current year. The balanc
: in the treasury on the fourth day Of Marc
o last, not covered by outstanding draft:
!. exclusive of trust funds, is estimated {
: ssGo,000. This includes the sum {
n S2l5,000 deposised in the Mint and il
: branches to procure metal for coming an
: in process of coinage, and which coul
= not be Withdrawn without Inconvenience
| thus leaving subject to draft in the var
q Gus repositories the sum of S645, 00t
= By virtue of two several acts of Congress.
!. the Secretary Of the Treasury was authc
rized to issue, on and after the fourth da
n of March last, treasury notes to the amour
e ofS5, Ala, 900, making an aggregate avail
i able fund Of S6,05s, 900 on hand.
al But this fund was chargeable with out
/ standing treasury notes redeemable in tn
). current year, and interest thereon, TO tn
a estimated amount Of five millions twv
hundred and eighty thousand dollars
= There is also thrown upon the treasur,
n the payment Of a large amount of demand
Il accrued in whole or in part in forme
ri years, which will exhaust the available
n means of the Treasury, and leave the &C
; cruing revenue, reduced as tits in amount
: burdened with debt and charged witt
|, the current expenses Of the government
\ The aggregate amount Of outstanding APP
: propriations ON the fourth day of Marcel
Hast was S33, 429,6l6 so. of which S24
: l2l0,00O viii be required during the cur
rent year; and there will also be required
: for the use Of the War Department add
r tional appropriations to the amount Of two
million five hundred and eleven thousand
lone hundred and thirty-two dollars ant
Ininety-eight cents, the special object o
q (which will be seen by reference to the
-.lreport of the Secretary of War.
E The anticipated means of the treasury
| lare greatly inadequate to this demand
: The receipts from customs for the las
1 year, and the first quarter of the presen
lyear, amounted to sl2,lOO,0O0; the re.
1 lceipts for lands for the same time to
: 80, 742, 450; showing an average revenue
, from both sources of Sl,236,S70 pei
1 month. A gradual expansion Of trade
E growing out of restoration Of confidence
together with reduction in the expenses
5 of collecting, and punctuality on the par
| of collecting officers, may cause an add.
: ton to the monthly receipts from the Gus.
4 ltoms. They are estimated for the resi-
: due of the year from the fourth of March
; at $4,000, 900; the receipts from the
1 public lands for the same time are est
|, mated at 81, 100000; and from miscella
lneous sources at $4,000; making ar
l., aggregate of available fund within the
4 wear Of 81, $40, 900; which viii leave Z