The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1844-04-19

TX nuuQIeU IOousduu uOlldls' - g. +,
have not been able TO obtain the precise
,mount Of those Of the fourth quarter but
,noupb is already ascerianed, 10 show that
hey will greatly exceed those otlhe second
with which they may usually be compared
I, il evident, sir, from this examination,
that since the act OF 1912 has gone into lar
opetption. The imports have been increasing
and, consequently, the revenue has been
Improving. The improvement has been
steady and constant. repeat The amounts
10 the different quarters
DUTIABLE IMPORTS.
4th quarter OF isi2
lst quarter of lS43 iO,4il oo'
I'd quarter of lsi3 ll'49l
Sd quarter of ls43 ls,oof'oo8
The accruing duties have KEEP, pace with
the improvement in the impois'
GROSS DUTIES.
4,h quarter of 1912 ~ ,ooo ,1oo
LIST quarter Of 1913 8 39l go
Cd quarter of lsl3 90 ooo
Sd quarter Of ls43 oooo,'o'
Wuh these undeniable facts before U.s.
how can the honorable Senator say,of 20"
can il ANVIL here be supposed, that The reSe
me of the Government is declining and
the Treasury in danger OF bankruptcy -
There is another fact worth mehuoniug'
which runs directly counter to The iheory
nc the Senator from South Carolina. he
free articles imported, in the third quarter
&c ls43, amounted TO 81 500 Ola only
the aggregate of the four quarters to That
time. beng s40,470,755. The average oil
!, the four quarters, was something over zen
millions but the quarter which had much
/ The LARGEST imports Of dutabe articles, nae
M, half The average Of imports Of the Tree
/ articles. How could this happen, II tht
act Of 1912 had such disastrous OPERATOR
, mon the revenue, and upon the imports IRON
ahieh the revenue is derived the free lis
diminishing, the dutlabc increasing.
E When the Senator brought in t6e h'I
4 which il before US, proposing 10 modify AM
/ reduce, very essentially, the duties impose
i he that act | took occasion TO Say, 10 an
s swer TO suggestions from The o'her slue
. ,ha, the revenue derived from the customs
N with tho other uncomfortable sources OF u
!, come, would be fully equal to all the exper
y d,tures Of the Government foe ordinary pn
,e noses and pledged mys II TO Vind'e"'
IN that opinion on any suitable occasion
r. The nresent discussion furnishes such
I'd opportunity, if IT does not even demahu v
II, fulhImeut of it on my part An i'hP'es','
at seems TO be entertained here, and probao
" more extensively abroad, that the lieasu
ba ~ al baukTtlDlc
lst No such thing, sir. The Treasury, III
IS on;n,on. is in a very sound and good cont
or lion. There need be no apprehension
rts bankruptcy or embarrassme ot-no'"inS
of tho kind. The Secretary Of the treasu'
re. am awere, anticipates that there may
oe , de6c,t of two and a half millions al the G
D of the fiscal year. 10 thus oP'n'oh
old constrained to differ from him. l sa"
nth year ago, and now repeat IT, that II
has revenue act of 1912 is permitted TO STA
the If the sublec. is not again agl'a'ed-
ten there be no disturbing cause operating W
ent il, it will produce enoug h. WIN 'he OF
ms. means of the Treasury, for all the ordln'
- expenditures of the Government l K0
GER. il is in the power Of Congress, and pethap
lille leading gentlemen, TO falsely this predic''
,see They NAV renew the agitation and APT
and tensions which are always attendant U
= it, anv attempt to modify the tariff acts
for. They may introduce uncertainty and
trust in the community, and thus Gu
eral business and impair tho revenue
ex. without some such disturbing causes,
ions result | have ven,ured to anticipate
and happen.
SIX The Secretary Of the Treasury an
der pates, as have said, a deficiency OF two
ad. half millions for current expenses, on
r. Of 30th June next, to which he suPposes sh
lsld be added one anu ha'I ih''''o"s 'io'e
an. contingencies and new appropriations