Iowa territorial gazette and advertiser. [volume] (Burlington, Iowa Territory [Iowa]) 1840-1846, 1844-01-06

Qfrritorial 0orttc.
sls1[ cls;fs ~. = !
M - =
ssRLsb ros. sATuaDAY,5Ar ls44.
National Fin9nces-Pnblic Debt-!
,Tari4 fanatics. -
The Iepen q The Secretary Of III. Treasury
clearly txhiSiti Tt aeeessity Of revising and
e'ssxisg NJ Grid law, - hat itmsy6s'
sd p sieA sDe6ss suel eisat ser ~ ascessary
denaaas sfsAe 9sre.naeet.= That ~ it II pres
"a exists qssIe 70 this task, even par
tis6a - ~iil 3esacely have TIE hardihood At
NJ ~ = sasay, aad sseh beias the faet, the
wAiGs, il5tS3 M sincere in their professions Of
heaashipSo for Girvense tssiG, AMI sbPssed to an
saasai isersassS n Tie pSsl;c Aebs, win Ssia the
da.ses.e u A1Iasting tAeslskiss, and i seees>
sary ia reducing them. Qf tAss, however, sat
lietie hppe issc u satsst.ssspl. Thetarif works
wAi e. Ahose who's 4 was chiefly Intended to
tenek - - tie 81 it, snactme,h; the home
RarkeG has been seeared % norhsrn manufac-
tssssss; fAeeory seoeks have advanced until they
sse ~ iafsihe sisost profitable in the market;
semi-anaual dividends Of ten per cent aud mp
wards are ssegyAsy occurrences; and tie monop-
olists, in 6ne, are saliagto thsir bloated wealth
with rapidity ana y an extent heretofsse un-
precedented. = coApafison with the eoaaian-
ence Of this state Of things revenue for the pubic
weais win b soasiAessl Of secondary import
saees asd ~ sftenpts -, re-adjast The lstss 70
a e make thea esasesM-le lAe seeease shua-
- ~ - - vitA tAe aaitst opposition efthe
= 4 sepears iron M. Spencesss report, that da-
rinGsths 6rst six nsaths 81 lsas the public ex-
leedisases excsededthe seveaue, from all sour
-, ~ el,6a3,065 81. Fran 1st July to Goth
e1nk-lhe third quzEt6r Of the calendar and first
e96r>R ~ TIE fscal yesr-she receipts exceeded
~ esPssAimrs.b BY ss3O, 81, SO; bat this is the
qsastg ia-which the inpestafions are always
hsasiest. The ssoeipts Of the quarter ending sIst
Dse. LA are sstimated at $s,iop 900, but there
eaosspArsae estimate Of the expenditures. The
asessssry, hswrv-v, Anticipates deficit Of s.
cocoon, sat the end Of the fiscal wear, and ask.
psssisioa - De made Tor is supply. For the
fsea year eonnrncine with, July, ls4l, and
sessHia.ting With June, ls45, The receipts from
esstoms and III osher sources are estimated !,
~ 20, 900, and ths expenditures al $2s,s77, 05e
~, lesving probable deficiency Of upwards Of
Josy anSlt;sas sad : half Of dollars.
The Secretary, in abiding 10 Ills aekcie,rv !.
he revenues, rsesMnend., a. tAe su,y p<rm,.
neat and reliable means Of supsl yiue i, the i'm.
poastsoa 81 : tax "a tea ssa coffee. he i known
@ tsve ksgstoiore heea hixh ta.s.r nan, but Ia,
de eaader to say, Mat s:fssn tie examination d
reports be has c.saed to te n.ae from the princi.
ri ports, and from ! genesal. New OF our com.
nsrce. sfter The bess eossdessass. which !. co,l1
ivs. u the subject he Aas hot h4ea sAle ID dis
eevsr.aar Of the existiax asties which caa Be =.
eseesel Nith, aay seasoaable prospect Il aug
1aofiag Ne sevenar;.,. aaainrther, thatvgAe dan
ser from this source Is, that articles upon which
high duties are levied will either be
introduced or not imported.st alp He euu:ner.
sAes several articles a. being taxed With too hieh
= 10y soe 9esense purposes; although. 1t tb~
s.me time, h say., that Looking al the subiec,
esesss;vsay in ii bearings upon the revenue, he
saeUt prepared to specify any very important
r,les Of duty that win hear reduction. nnle,, the
.iexeieney Sc supplied by duties upon other .r,i-
cles. - - :"
.TSstsx % t., and coffee wa, abolished under
the detbocratic standardization Of Gen. Jackson in