The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1841-06-18

nue., reduced as il is in amount, burlhcncd
with debt, and charged with the current
expenses of the government.
The aggregate amount Of outstanding
appropriations, on the 4th of March last,
was S33, 429,GlG 80, of which $21 ,2l0,-
800 will be required during the current
year; and there will be also required for
the use Of the war department, additional
appropriations to the amount Of S2,5ll,-
1872 %, the special objects of which will
be seen by reference to the report of the
secretary of war. The anticipated means
of the treasury are greatly inadequate TO
the demand. The receipt from customs
for the last three quarters Of the last year,
and the first quarter of the present year,
amounted to SD, 100000. The receipts
for lands for the same time TO ~, 742 AGO
60, showing an average revenue from both
sources Of 81 ,236,S7O per month. A ora
dual expansion of trade, growing out of a
restoration of confidence, together with a
reduction in the expenses Of collecting,
and punctuality on the part of collecting
officers, may cause an addition to the
monthly receipts from the customs--they
are estimated for the residue Of the year,
from the 4th of March, at $40 100000.
The receipts from the public lands for the
same time, are estimated at So, 500, 900,
and from miscellaneous sources, at Sl70,-
600, making an aggregate available fund
within the year Of Sl5,3l5, 5000, which
will leave probable deficit of $ll ,i0G,-
1872 9S.-To meet this some temporary
provision is necessary, until the amount
can be absorbed by the excess of revenues
which are anticipated to accrue at 10 dis
tant day.
There will fall due within the next
three months treasury notes of the issues
of 1910, including interest, about 50, $780,
600. There is chargeable, in the same
period, for arrearages Of taking the sixth
census, 1924 900, and the estimated ex-
pendtures for the current service are about
80, Toe, 200, making the aggregate demand
upon the treasury, prior to the first Of
next, about Sll 100000.
The ways and means in the treasury,
and estimated to accrue within the above
named period, consists Of about 1904, 600
of funds available on the 2Sth ultimo--an
balance Of treasury notes author
izcd by the act of 1871, amounting to
: ,95l 900, and estimated receipts from
all sources of $4,000, OOO-making an ag-
gregatc of about So, 45O, 900, and leaving
a probable deficit on the LIST Of September
next, of Sl,Sl5.OO0.
THE TWiD.
In order TO supply the wants of the
government, an intelligent constituency,
in view of their best interests, will with
out hesitation submit to all necessary
burdens. But it is, nevertheless, import
ant so TO impose them as to avoid defeat
ing the Just expectations of the country
growing out of pre-cXistlng laws. The
act of the I'd March, 1893, commonly
called the Compromise act, should not be
altered, except under urgent necessities,
which are not believed at this time to eX-
st. One year only remains to complete
the series Of reductions provided for by
that law, at which time provisions made
by the same law, and which then will be
brought actively in aid of the manufacture
ing interests of the union, will not fail to
produce the most beneficial results. In
der system Of discriminating duties,
imposed for purposes olrevenue, in unison
with the provisions of existing laws, it is
to be hoped that our policy will in the
future be fixed and permanent-so as to
avoid those constant fluctuations which
defeat the very objects they hsyc in view.
We shall thus best maintain position,
which, while it will enable us the more
readily to meet the advances of other
countries calculated to promote our trade
and commerce, will at the same time leave
in our own hands the means otrctallating.
with greater effect, unjust regulations.
The Currency,-U. s. b mk, State
Bm,ks, Sub-Trc0Sury, &c.
In intimate connection with the ques
ton of revenue is that which makes pro-
vision for II suitable fiscal agent, capable
Of adding increased facilities in the col
lection aud disbursement of the public
revenues, rendering more secure thci
custody, and consulting a true economy
in the great, multiplied, and delicate op
crations of the treasury department. Upoi
such an agent depends, in an cminen
degree, the establishment of currency
of uniform value, which is of so grca
importance to all the essential interests o
society, and on the wisdom to be mani
Tested in its creation much depends. :,
intimately interviewer are its operations
not only with the interests of individual
but of states, that it may be regarded, t
a great degree, rs controlling both.
paper be used as the chief medium c
circulation, and the power be vested i
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