The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1842-05-26

LEI thai Dc Is ~ m4ys we hNhuMsotr
Ssnssor iron New H.mpshirs viii have
No cause 10 complain IL his opponeDis
now pay As much rsspeei 20 his esumsies
knr expenditures. while he j. . Senator,
ss his fliends did when be Was The head
OF The department whose daily ID was 70
make shem; especially il his opponents
cone nearer 10 hen no. than bls friends
did then. Compare them. ar. snd see
hos this stands. he estimated the ek
penses or appropriations. isaJ q makes
boz lille difference which 10 isken. Tor
they Jid mol differ buI about one mlllioa
in she = hole four years. IN The aggregate.
o. eighty millions eight hundred and
thinyt~e thousand three hundred aad
eigh'y-oas dollars snd ffiy eents. equal
a. en- average Of twenty mGliions per year.
His friends in Congress actually sppfo-
prisled one hundred and twelve millions
seven hundred and eighiy.six thousand
Elk hundred and eleuen dollars twenty
eight cents Cor The sane four years ian
average ofiwenty eight millions per year.
From this. il appears bis friends varied
On tbeir acts arom his estimates. on The
average. shout eight millions in each year;
and taking q medium Of The dldrreai
views ne has presented Tor the expenses
in fu,use. The eslimsies contained IN The
resolutions he j. opposing. do not exceed
MS estimate one half as much. 40 the ap-
propriauons Of his friends exceeded bis
own previous official eslimsies.
As % she proposition 10 raise Two mil
lions, and apply il annually 10 the pay.
meRi az The existing debt. and an equal
suopnt Tor contingencies, and for per-
maneat sun Of 81 Ieasitwo millions. 10 be
in ,he Treasury 81 I'll times, do no, un-
-derslsnd ,he Senator 40 making any Oh
jections 90 that
The next sshjee, is The plan presented
by the honorable Senat0r from New
Hampshire, Of his mode Of raising a SUI
ficient revenue 10 meet the wants Of an
economical administration Of the Gov
eminent. lie prrsen. an eslimase star,
ing with the amount Of duliable imports
presented BY The honorable Srns,or from
Ken,ucky, and goes on 10 make various
additions. which he presumes must have
been oseSlaeked BY the mover Of ihs re.
solutions; and carr es up the amount from
ninety one miilons 70 one hundred and
sweniy -six millions Of dutisbie goods.
which. with eighteen millions Of free
articles. makes The ssgrrga,s vslue Of ihs
winnie imports one hundred and forty four
millions. Upon This estimate ofihs value
OF dutiable goods, al ono HUNDRED and
sventy six millions, (,hiriy-hvs millions
more than 10 estimated by the mover Of
che resolutions. cor he iMr. Clay CON.
puied from The table Of exports Of last
gear. The most Of which were Of higher
prices than Of present., The honorable
Senator from n. Hampshire computes lis
duties st20 per cent. and can, of course.
getrevsnue enough. on paper. either with
90 without including Yea snd coffee.
All his estimates show how easy II 10
90 run up calculation Of income. when
shere 10 On object fer 10. would moi
give 6g Tor an es,imsie which is not
founded spon The rscen, experiences OF
the eosniry. Let us look al that, and
on The difference between This ne,o con-.
puisuon and the former views Of The
honorable Senator.
Twenty per cent, on his present
ejaculation &c value a one
huadIed and twenly-six MIL
lions. gives se5,2OO. 600 %
Srhe svarsee amount Of customs
from 1887 10 lsi0. four years
inclusive, IS 1904 OF
We last sumner laid additional
duties upon silks, wines, &C.,
whit b il was estimated would
yield a revenue, taking former
imports as guide, u about 600 o0e 90
Making in all aI.7aO.4ai OF
From this must be suhtrscted the
reductions from the average
rates OF duty for the four years
shove, as estimated by the Sc
major himself, viz
For the reduction al the |
end Of 1899 2.000 00e
Al Tie end oT last year 500, 900
And for the year ending
Juiu Sunct tOeSs <oVO,OVU
Making. according 10 he own es- |
tinaie, q reduction of revenue
for future years Of 1000, coo 90
And leavi r tire zane amount. as
estimated by the pre-ent See. /
Js'ary e the Treasury, with a
duty Of 20 per cenl. li,72e.44i OF
showing difference in results. from The
Senator's own estimates. according To the
objects with which hey may be suppos
ed TO be made. Of over ten millions Of dol
lars year, 10 she revenue, from customs
alonsi
To show The Senate that The honorable
Senator is liable TO make mistakes under
such circumstances. | will state a few
items from his repon upon The finances
Tor the year 1889, mads 10 December.
1885.
He estimated the expenditures
ofIs56 at sss, 1888 $40 90
The actsal expenditures Tor 1886 +
were 30 655 pa 46
Difference esq, 60I 46