Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1847-12-22
= 9 ~ - x. :
sNO.AS

1.-THE duty on Tea and Coffee Be sitis
posed, andsthe graduation ofths price
of the public lands shall be mdde as afi
early period of your cession, ,:as econ.
fmended, tie loan Of the present fiscal
year naybe# reduced ;:lo S17, ,Oo0, 600.
Should the warswith Mexico be contiin.i
ued untilst the, sOlh June; 1 S49, III IS esiii:-.
mated lhata further loanof &c, ,0OO, 600
will be required for the fiscal year end
ing on that days, in case. no duty 6e iri- ]
posed ontea and cofeei and the public;
lands be not reduced and gratualediid
price, and no military contributions shall
be collected in Mexico. Iflbe duty on
tea and coffee be imposed, and the pub !
l!c lands be reduced and ggfalualeds si1;
price as proposed. the loan may be rec
duced TO SIT, 900, 600, and will be subs:
|ject TO be still further reduced by liei
amount Of The military con,ribut. .oas
which may be collected in Mexico.
While the repeal Of! the Erohibilive and
restrictive duties of the act Of I $40, and.
ihe substitution for these of reasonable:
revenue rates levied on articles imported:
according to their actual value, has in
creased the revenue and augmented our
foreign trads, all the great interests of
The country lave heen advanced; and:
promoted; whilst the Eiateres.sfofs agri.;
culture, Of commerce, and Of. nayigatiodl
have been. enlarged and inYigoraled;
Itis highly gratifying 10 observe! that;
our manufactures are also in 4 prospe-:
rous condition: None Of The ruiinous;!!
effects upon this interest which we're ap-.
pretended by some as the results sof'
the operations oflhe revenue. system, ,sas
established blythe act Of I 846, has been;
experienced. So successful have been;
1all branches Of our industry, that a for
eign war, which generally diminisIles ihs;
resources Of a nation, :hastins no; essential;
degree retarded our onward spfog PRESS oifesi oifei
impaired our general pros speriity
such wing eyidence NprosHeEis !;
and sIIe sue cessful oElefa ds ii6;
ilegeaas aeI Iofl Isl ieys consIa asSs siois i1d
iits tfspnbl q fS Isco nmsild tiia u!
fsmah % she sssIsii p5i5 5isss 1E
iIiiacreasIa fhSsz< yeaus and ffacli| s|
IiSIisnei nod 81 4 @ fatss I'm Il
sisss 2
fSiess n6raerrf fsiuds 8 1ragaIm
tccsomqe end 10 your agorablc consides
ration; The: :expe ediansy of ofaleyyiIgasreH-:
fenns on Pea and Coffee. g ne Actoffs
hLe4 9th Algust. is 46, 80 establish a'
Warehousilg system, has been il opera:
lion more sthansa year, and, has proved:
to be animportant auxiliary 10 iHs yarif.
Acrof 1916, in enting the revenue
and extending the commerce Of tue, co1n-s
! Try. The fnaGcial system established;
by the Constitutional Treasures, has
beea thus far eminenily successful nsits.
operation, and / recommend an adheI
renee 10 all lis essential provisions; !; and
especially 10 that vital provision which
wholly separates the Government from,
all connection with Banks, and excludes;
Bank paper from all revenue receipts:i
While The fiscal operations Of the G ovs:
eminent have been conducted with reg; S;
ularlty and care under this system, i
l'as mad a saluiary effect in checking and
preventing an undue initiation of the.
paper currency, issued by the Banks,
which exist under State charters: me
some OF It's details; not involving It's gem.
eral principles, the system is detective
and will require nodiilcatlon;. i
During the past year, The coinage at.
the Mint and ITS branches have exceed
ed S2O,OoO,O0o; thls has consisted chief:
y IN IN; converting tne CONS 9, ioreIgn
countries o. mo american me com. ne AR
esl amou9t OF lofelgn CON imported aas
peen received 9. lseW fofk,3 5, :, sna :. e
o.; Dsanc MN. Wele es.apliseea q. l,la. e'.s
an !ne loreign com ress.ysa a. S'.'na. pols ~,
cOJlId af nnca bn c0npprfp6l MI n flIirl 0ybYf