The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1841-06-10

tons on the fourth day Of March last. was $685.
429.6l6 so. of which S2AalU,Ooo will be requlr
ed during the current year and there will also
be required for the use Of the War Department
additional appropriations 10 the amount of two
millions fige hundred and eleven thousand one
hundred and thirty.two dollars and ninety eight
cents, tue special object of which viii be BY
reference 10 the report of the Secretary of War.
The anticipated means of the Treasury are
greatly inadequate 10 this demand. The receipts
from customs for the last three quarters of the
last year. and the first quarter OF the present year.
amounted 10 2,l00, 600 the receipts for lands
fer the same time TO S2,f42 450; showing an
average revenue from both sources of 81 ,236,s70
per month. A gradual expansion of trade grow
ing out of a restoration Of confidence, together
with reduction in the expenses Of collecting,
aud punctualiy on the part of collecting officers,
may cause an addition 10 the monthly receipts
from tie customs. They are estimated for the
residue of the year from the fourth OF March al
Sl2,o10,0o1,; the receipts from the public lands
for the same time are estimated at S2,5u0.oe0 ;
and from miscellaneous sources at Sl10,000 ;
making an aggregate OF available fund within the
year Of SD, CT, 900 which viii leave probable
deficit Of 81 AGO, l39 GS. To meet this. some
temporary provision is necessary, until the
amolnt can be absorbed by the excess Of revenues
which anticipated 10 accrue at no distant day
There will fall due within the next three
months Treasury notes Of the issues of 1910, in
cludins interest, about S2,s50,UG0 There is
chargeable in the same period for a-rearagos for
taking the sixth census s294,OU0, and tie estiui-
ated ex pcndtures for the current service about
s.. TOT, 00u making the aggregate demands upon
the Treasury, PRIOR to the lst Of September next,
about Sll 100000
The ways and means in the Treasury and es-
ttnated TO accrue within the above named period,
consist Of about S69i000 OF funds available on
the 2Sjh ultimo an unssued balance Of TFeasu-
~ notes authorized By the act Of 1871, amounting
TO 81 ,955 GOO and estimated receipts from ali
sources, OF So, SOC, GOO making an aggregate Of
about s6,fJ0,0 600, and leaving probable deficit
on the Isl Of September next Of S4,s45,G00.
10 order to supply The wants Of the Govern.
nent, an intelligent constituency, IN view OF
their best interests, viii, without hesitation, sub
NIT TO al necessary burdens But il IS neverihe.
less important SO to impose them as 10 avoid de-
teatlng the ust expeditions OF the country grow.
ing cut Of pFe-eyisting laws. The act Of the ID
March, 1883, commonly called the compromise
act, should not be altered except under urgent
necessities, which are not believed al this time
10 exist One year only remains to complete the
series Of reductions provided tor by that la&, at
which time provisions made by the same law, and
which then viii be brought actively in AID of the
manufacturing interests of the Union, will no;
f4u 10 produce the must beneficial results. In
der system Of discriminating duties imposed for
purposes Of revenue, in unison with the provisions
Of existing laws, i is 70 be hoped that our policy
vii. in the future. ba fixed and permanent, 50 as
to avoid those constant fluctuations which defeat
the very objects they have in view. We shall
tho. best Elautain position which. while i, will
enable IS the more readily to meet Tie advances
81 other countries calculated TO promote our
Trade sn1 commerce, viii al tie same time leave
IN or ovn hands the means OF reta,.-ting WITH
create. eIec, unju regulations.
Ia intimate connection with the question Of re-
venue IS that which makes provision for suitl-
bic sscal SCENT capable of adding increased facl.
les IN the collection and disbursement of the pub-
lie revenues, rendering more secure their custody
and consulting true economy IN the great mul.
tip,ifa and delicate operations of the Treasury
Department. Upon such IN agent depends, in an
eminen, degree, the establishmeEt OF currency
Of aastotn value, which is Of so great importance
70 al lie essential interests Of society; aud, on
the wisdom 70 be manifested IN its creation, mach
depends. 30 ultimately interviewer are its oper.
zto1s, n0i only i'll the interests Of indy lduAs,
5at With those Of the States, that /. may be re.
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3 1890, St.,s No., rtscL as,,s,s5 f. ~