Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1843-12-13
10
S4,577,O59 10


SPECIFIC appropriations that may he made
by Congress 1859 10
The estimate the proceeds OF the sales of public lands
founded upon the expectation that all the Miami lands
Indiana, or those IN the ChoctAw session oi 1890 Mis-
. sissIPpt will be brought into the market.
II both tracts should be offered sale the amount from
that source may be increased four hundred
lars II neither should be- offered the estimated amount
vi" be reduced iwO hundred and ity thousand dollar
The preceding estimates made the assumption Of
TIC continuance OF the existing laws Tor the collection
duties on imports and tonnage, and TOT the ale Of pub
lie lands and OF will be affected by changes IN
those laws. The fluctuations Of forbid an np.
cit reliance upon any prospective calculations long
TERM Those presented have been made from the best
information that could Ice obtained and from 4 Comparison
with the receipts Of previous years. The large amount Of
eighteen millions received 1872 from not
be wholly credited 10 the business that yeaf IL includes
ei'sos66 H. the amount OF dunes which had accrued
IN lcil and secured by bonds that were paid in 1872
aud also $500 900 Of Treasury redeemed by the
icIos IN the former year, but which credited IN 1872
thus leaving the actual receipts from the OF year
At less than thirteen millions. Ii will be perceived that
there decided improvement IN the duties ON imports
during the si3 Tor during te Js, quarters Of
mat year, the receipts exceeded thirteen millions and
returns already received, II quite those fourth
quarter will amount to three millions. making
total oil more Than sixteen millions for the calendar ye@r.
Various general considerations, and particularly that tn.
stocks Z" imported goods were, during the years
nearly exhausted induce the belief that the from
Tins source wall continue under present laws
Tor ue next iva years, but II doubted whether tins
crease will exceed three or iouf millions.
Ii believed that habits u prevailing among
our ieowczens, stimulated and strengthened by the
consequences of oyertradnr and spirit OF speculation
The disposition 10 husband their prevents the pur.
chase OF many supcriuOuS articles o foreign manufacture
which were formerly IN extensive Many fabrics
which were heretofore imported and nearly all those
Oi silk
WELL and furnished cheap, productions If 9th.
Th- has several wears gradually
reduced the consumption Of foreign merchandise aud will
continue operate, md, with more health
iul economy, will materially affect the revenue. The est.
mates OF receipts from tor the ensuing eighteen
months have been framed IN reference these cousder-
table has been prepared under M direction, which
accompanies this report, Ga exhibiting the value TO.
Tcgn merchandise imported and reeNpOed from iS2l o.
1872 and showing the value Of articles consumed or left on
hand during each year. By comparison OF this table with
another o. also hereto Scd, showing tn value Of mcr-
chandIZc imported and the duties accrung the
year during the period will bo perceived as general
result that the duties the greatest during t, years
when the largest amounts oi imported goods either
consumed OF Icit on hand comparison OF these Tor the
several yeats will afford very good idea Of average con-
sumption Of foreign goods and the balances that must have
been eit on hand aud will justify the conclusion that tI,e
largest amounts Of duties founded upon the Of
importation cUnsunpOn other wOrd that the rcg
lar aud steady consumption OF the country did furnish
the from which those were derived
The Inference to be drawn from these results - that
expect such amounts Of duties characterized the
years 1881, 1892 1882 1886, aud 1882 without the exist
ence OF tire same rausc-lnpJri1tOn~ beyond
And indeed general inference may be- drawn that
without she Intervention extraordinary causes
which there reason 90 anticipate We cannot r,ly
upon than very moderate Of duties from
customs bearing proportion Ia tie increase Of pOpuil
ton, for years come.
With a yic,y furnish tic information collected IN t.
Department. respecting the aud fluctuations orr
foreign commerce. convenient form Tor and
reference several very valuable tables have been prepared
which are annexed a. This report, Among Them besides
those already mentioned, statement Of our exports oi
domestic produce and IT foreign goods distinguishing those
subject duty from those that ifce also tables Of the
important articles imported from those countries with
which we have tie intercourse designating them re-.
pecu'fy and also, OF our exports 90 ic same cJuuur.
There H also table showing grus revenue Of each ytor
the expenses charPeabe upon d. and the proceeds
A these embrace tc period from s2l when the statistical
/ reports were fret made, 10 the year 1872
The proceeds the saca Of the public lands have been
estimated from the best elements within reach The de.
mdnd for hc.c lands steady while BE- BE- moderate und
tcfo b. anticipate ic Wild and excessive age
for purchases which i time prevailed u the tide oi
emigration should take it, towards the shores Of the
Pacific sht mtteruly ELECT the Government sales oi
lands The tracts set apart tho new States and located
by them, being likely 90 bt in te market w also hove
influence upon TIE question. The md other ronsJo.
nOn9 not OF squ1l magnitude but having bearing upon
tho esu have induced tue undeuEned 20 doubt whether
the reccip9 from the sales o ond' will be- equal the
Inmates submitted, which5vt obtained rlm the Gen
eal Land Office sud founded upon large putchasea BE-
ING made oi tracts That will be brought into the market
The expenditure fy, ils nest eighteen months will D.,
diminished o. cousIt rabie extent c1nsr 4usucf q e
distribution Of ts proceeds %, ,e sfs O public lands hay
inP ceased, " appropriations beng Necessary Tor new
pu thascs OF Indian Iauds Ut public buildings here
tJiore authorized being completed and hoped Of he
cioims Of Dnhna and s.uncer- beiag nearly satsfej.
Vet from % .sCns csrain tat the ls
6cs1co above stated will cis' duun' the pfceni and h,
hacal ycsL They bu continuance Of similar Jf
6ccncics which commenced diaey iier tie De poe
es made with flo Siie pud have continued Tor hc
Tat sev'n yeaTs. the assmpanung liable CO. exhibit
hs receipts from Tie accTung btiween ht
lN Of January 1891. and te S1th epetnbcf 1876 me
penoitrrss eycluiye of payments Tor principal
u tie public debt those usde thst cunt end o.
tool bslsnes az liz Te.gly.