The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-12-25

absorbed ~ the land say OSo, lta being
Piled he payment interest the oan and treasury under
e &C. q January ls and ee remainder i pledged s
per annum Of the revenue from lands as diverted by the
~ During the as fiscal yesI There pa y 90
f P na de M q s soS a 81 notes
received lands Also on
q treasury q isi1,
K OF these ssoOi75 debt
4 treasury July,
The aggregate Of these sums, siz; .
Balance n The isf July, sasa9es g
Payments general fund Of debt so,sss g
Land fund aoooW ~
and would have made balance ii the treasury 10 thu, amount on the
st July had none Of them been applied 70 he extraordinary
j s,ssy e IN
estimated diverted, will be making together
%:4s i fasss Y s ssS ss e IL
decit the LIST Jny 1885, OF 66 would have len an
na
~ assTss t. a'
sa1s an the On
conc u,o nj, detail for the purpose Of showing ta he
resources country anplc deficit win
% Meseo and sas he Justly high public credit the United
states endangered The fact that in this position Of AT
Under these ccusanees ta. authority be
.sss Sn s as 70 lie q Stock Or
e e IL h
Authority been BY e Of March sd lsa
issue stock for The appropriated to carry into effect the
TO provide for the pay nsamcn
which viii be due to sseo il me fiscal year ending o June
heavy public debit g place Che revenue on sure basis Of
cesary 70 adopt increasing
available % a end are e Be oSna y Ss ns dSes
tho necessities Of the country VIII regulate the appropriation under
ws s s the a. ~
subject the hope that may be
to .rnonizs diseordan, feelings promote general prosperity
s aa S as q aa @ h s p
industry In adoption one OF proposed
cens.s coose ss, one winch Would in is opinion
aue would S seu s, The endeayo ought to Be @ regard The
eres Of The whole people not as little ba. As much q possible
consultation, ground that may tend 70 the aianmen. Of
power levy collect aates gwen,
sa O.. esy ~ wssne y ought Of ought mol 70 DC
seems mat exercise these other powers with
mate end Of government -.
mpost lowest that win yield the largest revenue
ii were true that duty laid on gwen article view TO
dcouagng importation, as partial prohbion The proposition
were as under
a" s s ne q
objection 20 an act eyng duties thai operate in partially
another question What now r. that there Is no
% u me, S e , ~ noe ~
that body the right Of exercising that power IN such manner
rs IN us opnion may DC 70 me adNahss " ne
ny. a.. :. :. a.. ,.,.., ~ .,.,,. .o,,,,.,..
be mentioned the prohibidon OF npoftnfons des
mated ports the prohibition OF the coasne Trade 10 an
bon certain trade foreign vessels under the navigation act Of
1875 the prohibition Of certain trade 70 American vessels ny inc
intercourse act and Of all trade by me embargo act
introduction adueraed drugs into the country by e act OF
June, iefe.
Undcg me power 70 'sy taxes du.es' ana @ se ~ w
duties their The preamble the first law Imposing duues
under the Constitution and The enamen oil most OF he
These periods ofour history the
which have expressed 10 have been sustained and
acted ON. go,
H. An legislation designed hyor particular class 70 he pu
Others injure particular class Cor the benefit Of Others
Is mancsty Nothing be more destructive
Of tho interests Of the country than such legislation sseep s
that aeh prejudice of Others, while fact
the denial Of injuries all classes and benefits nobody
consumer products Others, sbi consume de-
ponds the pons OF his production, II follows t 70 give
per branch OF industry increase mat Of the rest WIN
IN each branch Of industry here WIN De nya ~.
the several branches Of useful industry there must always eut an m
broken harmony Of interest. ~.
due strength prosperity That does not y
s own nbot carry y: own podsc,on as nearly - pso, 20 u.
material and renpo he articles manuiaea,ed from =, o. =
materials and import the arccs
from that o. another country . 20 pem n' means "hch
For instance, we epoed during the hsc year ennn
lef cotton N the value OF about shy SIX millions dollar
ouod IL would have poduccd
value OF about hundred aud ninevg millions ~ addition
What would have been The effect Of This Increased pcucuon on
Tn. question would no, se completely an.wsea W merry
nohchg 'ne aaoea sa'ue os .e aa ~. ,. linn IN,
oi ao'ais ~ y my wo, '" wv ,s s .nsr.re
II the CROP and