, 1844-01-27
& were not redeem
ed bv the last loan,
amounts to
4,65e,3S7 as


amounts to 4,656,397 As
Placing the responsibilities of 1845
for the present out of view, we want
Eight Millions Five Hundred Thou
sand Dollars to make up the dehcien-
CIV OF the fiscal year. Let US see
what the Secretary recommends in
the way Of retrenchment, and replen
ishing. to meet our obligations. He
believes SEINE collection districts may
be acknowledgements Of Judicial
condemnation of goods may be re-
duced--a discontinuance of certain
improbable Land Offices, together
WA other reforms, which promise
altog -ther but a slight saving to Gev-
ersnsn,. Then 70 MAKE up the def
cheney, nothing can be made he
thinks. in the way of economy, by
modifying the Land Laws. The ulti-
mate resource, he believes, must be
duties on imports, as being the most
easy and tangible. Sufficient confr-
nation has not vet been received in
relation TO the operation of the last
Tariff Act. TO speak OF it with GER
taintv. The duties on certain quail
ties Of Iron. Coal and Sugar are by
some considered too high; but as no
increase of duty or the present Tar
iff is contemplated, the Secretary
proceedst to enquire what articles now
admitted free will bear the payment
of duties. He has, therefore, speci-
fed Tea and Coffee as proper for I'M
post. Importers and other persons
are in favor Of duties on those urti-
Giles, being less burdensome than ma
ny other articles on which duties are
levied. The duties of Teas and Su-
gar were taken off on the payment
of the Public Debt, and when the
revenue did not require them; but
now the condition of the country re-
quires revenue, and ii is recommend
ed 10 impose a duty of five cents per
pound on all teas costing 25cts.; Of
seven cents on these costing between
25 and IS cents, and thus advancing
the duties. On Coffee, a duty of
two cents per pound from Asia, Afri-
ca and America, and three cents
from Europe. From the duties on
these two ARTICLES thus graduated, it
is supposed Four Millions annually
will be added to the revenue-a large
sum to be collected, and the AK very
light on eighteen millions Of consu-
mers. For reasons, set forth, it is
not recommended to revive the Ton
mage Duties. A duty of six cents a
ton on all vessels engaged in foreign
trade is recommended, & very sound
and cogent arguments are advanced
in favor Of the warehouse SYSTEM
Considerable portion of the Report
is devoted TO loans, and the issue of
Treasury Notes to meet the current
expenses Of Government; and the
Secretary maintains with ability the
expediency and constitutionality Of
that measure, in preference to n re-
sort TO Government loans. There
have been, he says, no defalcations
among Collecting Officers, and there
is a strict watchfulness on their ac-
counts. We learn, therefore, that
there is a deficiency of Eight Millions
and a half in the revenue for the cur
rent year. and about five millions can
be added to the public Golfers by i'm
posing a small duty on Tea and Cot
fee, and a few other articles, and a
small sum can be saved by judicious
curtailments. We shall take anoth.
er occasion TO examine the Govern
F ment Items of Expenditures, and see
how far reduction and. curiailment can
be made with strict regard to the in
terests and safety of the country.
Comfortable 10 Tobacco Smokers.