Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1845-10-21


"a kss,s consideration will show, that ought to be
IN, policy o Government bring the period Of receiv
i'm duty eose possible 70 that Of the actual con-
sumption q The .ree and that such e one o. the
could be postponed tho day before goes into nc
eoee cup, much The better Tor the consumer would
steadily than sctss importation. or in other words e as
~ weekly monthly changes In iu ehten, a'e e"eS
within narrower limits. than the changes in the e.en OF
impo tstions would siesdier and more eons'.n
d o into the Treasury, and by its greater or less
s,rens,h form index OF the prosperity or otherwise OF
the consuming clsss-the greater mass OF innao".nI
index 10 consult would him from the necessity
Of relying upon individual opinions many points, where
Information might be desired revenue and
actual consumption being brought closer the eec
Of changes OF duty much sooner oeseiopea LOT
instance suppose the present duty coffee cts per To-
and be reduced to cent, the reduction to take o.
f.rt in months there cannot such dminution in the
amount Of duty received In the interval - there would DO
and consumption were further apart Reverse
position besring in mind that when duties are
3D. object increase Of revenue. and perhaps rs cary
On increase possible; for instance in case OF war; when
money hand specially desirable. in order TO proccea
vigorously without delays the duty 10 to he inccsseo rom
cent 10 3-the consumer lays in larger supply
In order the benefit Of the low duty, while the I'M
por,er who has large stocks in bond pays duty on the
whole before the higher rate goes into elect Inc "eN
eminent finds revenue rush nj the very time II
wanted and discovers that the bonded warehouse mas
safe kind Of Sub Treasury IN when he
surplus has, been securely deposea
until wanted without dollar Of circulation having ocsh
Withdrawn from trade the rick Of trusting any man OF set
men, upon personal security, having been incur
red. ,
su, under our present system there may be long spell
Of strong Easerly wind this month, bringing vessels IN
short shorter from abroad and therefore per-
feet torrent revenue which the Wee winds OF the mex,
month will surely reduce dribbling sreamiet ana
It. setting VI the West winds large export oil nigh
dued goods occurs then away part OF the apparent
OF the previous month. And yet some Secretaries
have had know whether to call il the impotence or
the ignorance. to pretend. that with Warehousng
System they could not possibly make any CALCULATIONS rs
probable revenue!
"Some ycsrs ago. when it was pretty generally known
among informed merchants in New York. that IN con-
sequences Of dull trade aud other mportauons
would DO very small and many goods being
ed Europe for the double getting cash In
by the drawback and Of bringing the goods back again
to be entered ut reduced Of duties which to take
effect in or months happened TO pass though
Washington. where, meeting friend who was IN he
Cabinet asked him. or rather stated these opinions 10
him. the and its prospects and being much
surprised his reply that the improving and
likely improve he assured that he had had long
conversation within day or two, with the Secretary oil
the Treasury who had spoken confidently upon the sub
ect have always wondered IT, but account Tor 4 thus
Probably there had been many arrivals Of crowded
into the 3previous weeks by strong East winds while
the drawbacks the goods which were beng
re-exported, had not yet commenced. Certainly !,
10, that the Secreiarys views proved to be any
thing but l do not 10 cay the Sec
Rotary stupid ndolent in his business-but /
rather his mistake-for who can
make any confden: estimate of probably revenue, when
the receipts OF the Custom House governed by the
consumption OF the country, but by East West winds,
and subject all the uncertain deductions OF debenurel
81 was asksd some months ago make short summary
Of ls The advantages Waehousing Sysem-2nd. The
objections which had been raised TO 3d, the replies
those objections. will repeat the whole leaving
the Of Secretaries Of the Treasury in partieua
simply because they have mol sound To Offer
need fear that the present Secretary will offer
ITO be Continued