Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1843-12-08

.r,sn,; bs, !. sahjecs &c rsstss shss sb-y saass
h<m<elves in sosns inssancss b. iarusa u,ua ny
.rfhl a.d dsssgrins nsn-and shis nstvs shssnodsax
ell he e6sss afths Gslternmsns 10 p~sv~us H. a.
Tie r-~~spss is'a tho Tssssssy SIC ~ calender
year 1919 xelosve af io.ns, were suIs snors thsn
eighteen millions Of dollars; and the expenditures
exclusive &c paymenss the public debs. will have
heeo a.sni t~sssy shrss millions Of dIsss. By the
Act Of iS4s. new arrangement of the fiscal year
~ss made. - thu, ia sh.,aId commence On The Lat
Ut Jolly 90 ssch yer. The secv.n,s md sssimsses
os the fiscal year. wili show that the loans
end Treasury nssss nsds and Issued beEsss the
ehsss Of The last coogsess. ~ Tho sasicipase
deficiency. have not b~sn sstisrly Adequate Al
thsssh on the ls nj Ossahes Is-,. there nee . ~
sncv M The Treasury ion Consequence ct The prsvis
''n thus made Of - II Oo3.77. yet the sppnpria
,ioos already nssie BY fnge~s will absorb hat al-
snce. end leave pevhabts deficiency of tea N ~
inns "f dollars ~ hs chs of The prr~sns iscsl year
There ere oatsisnding Treasury npses "a shpas the
ssns'nni 81 FOUR mIirns hurd red thossa,d Dbl.
isr-; ssd sh"uld they he retained uppu The Tsess,.
~ during The fiscal year. they will require pc,vi.
ION hsr their redempsinn. do not however regard
hi- ~ ps 'hahle since shey have obv,-usly eu,rrsd
into the currency Of the cvunry and wsII cssssinue
10 form portion of ia. if the sys,en m ~ sdsp<d he
cne'nnsi. The han Of Sal. amounting 10 IS STA.
go 3d. ia'ls due an tho l., .f Jssuary. iSi5 sasi
must To provided for p<sspssed ny q new han
And unless the resources of revenue shosld be ma
'efai'y increased NY y'su. rher viii he prohahle
dencency ins The service "f The 6s~al year ending
June So'h. io@5, of upwards oe about four miIlnns
Of dollars.
The dslusioo incident Ia On enormously es~sssive
paper circulation. Which rave irs,Issns value 10
every hing. and stimulated adventure and sp~cuia
ton 10 IN ezravsgsnt extent. has b~en haprly snc
cssd-d BY the snh.'uion of The precious messls and
paper prompily redesmsbs in specie. and thus fase
values have disappeared. and spunser .ndition Of
things has bean Introduced This iran-.,ion although
intimately connected With The pr~perstv of the
country. has nevertheless bees attended with nnnch
emharrassmsnt to the Government. in lie financial
coneesns. 81 long the foreign import 70 could
receive payment f'r thrir carxoes in cnrrrn rv .T
greatly ess vaioe Than that IN Eunp~. bai fnIlr
svai''h's here in the purchase of oaf sgr,cullsrs
Ps~iuc,ons, their profits being rames-ursbiy aug
men'ed ny The operation. the shipments were large
ssd The reyeruc OF the Governs became .u,.~ra
handan'. Bat the change in the character uf th,
c"c''iaiian ir'm nomnal aud apparenily real val
nein the hrzt s'asss of s existence On an obvi.asiv
oep'ee'a,ed value %. i's second. % That il nger
answered the pnrpses Of exchange or harter ami in.
ultimate substitution by ssusd metallic and pap.r
cifeuiaisn c'mhined. has been attended by .iimin-
isned imrortaiions. and consequent fslug III in
the revenue. =
This he. induced Congress. from 1887. TO resort
70 the erpedieni ef issuing Treasury notes final
" OF funding them. in order 10 s,.rpIy de6cieoer,
cannui however. withhold The remark ,bs, !, !. in
no way compaiibls with The dignity 81 the Cavern.
men that public debt should Do created in tim. a.,
peace 10 meet the curretf expenses sf The Cavern
"eu' or mat Temporary cxp~dienss should he se.st
- 70 an h'ar sosxe< than IL Is pcs-ibis To avo.l
"e". fne executive can do mwe Than appIy
me means which Congrsss places in in hands i,r
no s"rpon "i Cosernme1is and apply Ga the esnsi
OF inc country and fsr tho preservation ii is I,e rse
p assesses M p,wer levy exacii .ns ON the p~o
pie. or 10 force from them cnirbu ms 10 the pab
I've revenue IN any form. u can only recnmneui
sach measures N may. in It's opinion he called 6,r
Toe wants Of The public servse. 81 Gang with
"hon alone rests the power lay and co.Ie~, n
duties. imposls. and cxcIses Thus du,v Ia. ,,,s,,
several occas;ons heretofore heen perG,rmrsl. The
present. r"''d','on OF ihings gives Hstering prosni..
'hat Usue aud cummercs rapidly reyis,nr. s,..l
iar'usacly ioF the country. the source. Of res-ns
nave only TO be opened, orcar io prove .hunssns
WINE We can anticipate no considerable increase
10 'ne proceeds Of the sales Of the public Ianl@ for
reasons perfectly obviu. 90 ALL Spr .syers wear. 4,
come, vet the public lands cannst otherwise than he
REGARDED % the foundation Of the public credit
wan 90 large bedy OF the musi fertile lsnis in The
weird under the control and NJ the di-posal or The
oosrf'neni. no one can reasonably doub the entire
a"n''y o. me G'verhmeni 10 meet iis engagements
uihsr every emergency.
Sh"o'd a fevi.soa af the thrift. with v;tw IN
revenue be neeessary in the es,imaiou Of C.n,rse..
a''nni not you Will spprosch the subject with n
j"si and enlightened regard 60 the Inssress. M III
~ho'e Union. The principles aud view, which \
"ase heretofore he'd occasion 10 submit. remain IN
chahseo. ~ can. however; never be too Often re-
Pesseu' mai the pruinineui nerrsf Of ever. imnor
ian, pursuit 81 liie. requires COR sncres.
snu stability IN iegislat'Dn- These can'.nIv n. al
'sined ny adopting the basis Of action. u,I.r.
u"u IN all IN ngs. whirh ~ lndisOe,-.,lv ,,,..
~ ." secure The hsrmoni, aciion Of he o,lu;r.i
as OF animal sysiem. In our o,li,ir.l
no one sec'un cf the counlry should
ues'fe !" n W 10 surpassed Inseses, ADVANCED =, 49,,
sacrifice Of all others; bot Unin beng The ,s,-.,
interest," eqsslly precious al, should he I,,,,rd
mo sustained ny mutual cvnression and ,h~ cm,,, |
ration nf that spirit Of rompnsmise fr,m :, htcb r.
Constitution itself p',c~eded.
foe VIII Be iElarmcd. ny the repon fr,ro an.
'essuy DspaFimsni, of the measures taken under
se ACT 81 The last sss'on, sashof-ing the reissue w
Treasury mics in lieu Of lhose the :, ,,u,.a,,i;o
ne system adop'ed IN pursuance Of existing iaw.
es ms veil calenisled 70 save The cnnaf,v 80
'm'uni OF interest, while il sffonIs rsux.nisr,~.
M osvIaies dangers end sEpsnss in IN. ,r.n-r,,'
r's ~ 'snds W disboFsrng agents. refer Won a.,
: '"a' sspo" i0F NE means proposed BY the serrr.
ey ~ increase The revenue aud r.r,,c,l,-s.. u
mas pnrssn % % which relates 10 The ,uhi.e,
Sssenon-'"g system. which earnestly ,rv., 49,.
(snsreas 81 iIs lest session. end as 20 m,
q wh'eh my opinios has onderg ne a chang.
IN view " The disordered eOndii,as, az M. 80.
eney 81 The time. aRd the high rales q, .,ch.r-
s'"esn Inherent paFs Of Tho connlry. / 81, :, -
: '"cumnsnf on me. 30 prrssnI 10 The cou.;,.,.,;,
o"s.pssasesssofs.s Proposition eonaicsinr II -,
p ~' me consolidating. OF with the rIeh,s a.
y e'aies. and having the sanction ma, ! 49,, I
,. 10 pnaeipie u SINE af the emnens -, ~. ,
20 preceded ms IN Ihs EsscuIivs ofic, IT,, .
op"'i"n contemplated the issaine of 1r,.....- /
rs - concentrations not lees shan 6v. snI ~,
ore sha' one hundred dollars % ), ew,Id -, \. 8