Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1853-12-10

the legislative, executive, and judicial, yet
the substantive power, the popular forces
and The large capacities for social and ma
terial development, exist in the respective
States, which, all being of themselves well
constituted republics, as they preceded, so
they alone are capable Of nain,aning and
perpe,uating the American Union. \l
The federal government has its appropti-
| ate line OF action in the spaciic aud limited
powers conferred on it by the Constitution,
chiefly as TO those things in which The States
| have common interest in their relations 10
one another, and 10 foreign governments I;
while The great mass Of interests which bo-
| long 10, cultivated men, the ordinary business
OF life. tbs springs of industry, all the diver
sihed personal and domestic affairs of socie
| ~, rest securely npon The general reserved
powers OF the people OF the several Siates.--
There is the effective democracy Of the ma
lion. and there The vital essence of its being
and its greatness.
| Oi The practical consequences which flow
from the nature of the Federal Government,
| the primary one is the dny of administering
with integrity and fidelity The high lrus, re-
| posed in IL by lhe constitution, especially in
the application of the public fund.- as dra wn
| by taxation from the people, and appropri-
| a,ed to specific objects by Congtess Hap
| PLY have no occasion TO suggest any radi
cal changes In the finaucinl policy Of the
| government. H.n..-..
| Ours is almost, If not Absolutely, the soli-
tary power Of Christendom, having a surplus
revenne, drawn Immediately from imports
OIL commerce, aud therefore measured by
the spontaneous enterprise and national pros
| periy OF The country, with such indirect re.
lalion 10 agriculture, manufactures and he
| pf h, ,k 4 riD1s
no constitutional doctrine, aud yet vigorously
promote the general welfare. Neither as to
The sources Of the public treasure, nor as to
the manner Of Keeping and managing il does
any grave controversy now prevail, there be
| ing general acqulescence in the wisdom OF
the present, system.
The report of the Secretary OF the Tfea-
sury will exhibit, in detail the state of the
| public finances, and the condition Of The va
rious branches Of the public service admins
tered by hat department, OF the Government.
The revenue OF the county, levied almost
lnsensbly 10 the taxpayer, goes from year
10 year inc easing beyond either he interest
! or The prospective wants of The Government.
AT the close Of The fiscal year ending June,
! 1882. there remained in the treasury bal
ance OF $li,G32 1876 The public revenue
| tor the fiscal year ending juno 80, 1853
/
! 81, ,lo5 70s from public lands aud other mis-.
! cellaueolis solires, amounting together TO
| Sol 337, ,57l, while The public expenditures
Tor The same period, exclusive of payments
on account of The public debt, amounied to
/ SIS. .554 262; leaving a balance Of 49,, ,425,- :
1 447 OF receipts above expenditures.
4 This fact, OF increasing surplus in The tea
! sury, became the subject Of auxiOus consid-
eraiion al Il very early period OF my admin
/ iSlraliOn, and The path OF duy in regard 10 it
I scented TO me obvious aid clear, namely
/ first, 10 apply the surplus revenue 10 the dis
/ charge Oi The public debt 50 far MS il could
! juJiriously Se done and secondly, to devise
/ means Tor tho gradual redui'tinn oil the reve-
/ nue., TO the standard Of the public exigencies!
! OF these objects, he first has been in The
course OF accomplishment, in manner and
! to degree highly satisfactory. The amount
! OF The public debi, of all classes, was, on the
/ fourth OF March, 1853, siXty.nine million one
! hundred and ninety Thousand and hl,ty-sev-
! eu dollars; payments on account OF which
| have been made since that period To the
! amount OF twelve million seven hundred and
! three thousand three hundred aud twenty
| nine dollars, leaving unpaid, and in the con-
/ linuous course sf liquidation, the sum Of fifty
I six million four huudred aud eiehly.six thou
sand seven hundred and eight dollars These
Q I'll. l. i =
'i'"o ~ '''G nv NV
| IT., rIeI,i,' T oe~s' "I'o ,''' uee'
,.',,,, ~ 49, 80. '',' -" "''."
-, ,.,i nC .;',,y,'i ,i,.,,' H.. ,
h roit,,,II, ui'''', ~ Wv. ne
t,, .,'i ~, ,ha '',;rI ..,T ~ ,ie ,''"''.S n'a
! ",,i,s ,i,,, a,'',n,' "''' ~ f"''
/ Tn. second Of Jhs ahove rr.,,;,,od o,,
| ;.crs Tia, oi I'M. rsdncIin, or n. ,ar;g !. -,
/ ',r,oi ;r,nor,.nrs .nI ,ha',I, .,,,as,,J h,
! ihe S-rr,.,,,rv oC ,ha T,.a.rry uLich i =,
tpdnre m L,,ies NJ, c,.r,ai,, s,,i,las anI ~
| aJI,o m. Cres lis, many sr,icIos ro,y t.,aI
esnsc,aIlv .nrh a. ante, in,, ,na,,i,c,o,nras
and ate notslnIo4Iv, or Al A n ntoinc.d il, ,ba
coun,ry. i. commended IN y1nr cand,J and
car.(ui consideration.
! Won viii 6nd in Tho rc,or, of The Ssc,a,,,r
of Ihe Treasury alsn oh.ind,n, n,nof nr ,bs
| sn,ire nIs,,p,cv oC th,. nrasar, G..aI srs,.rn
/ 10 ,n.p, All m. r.oniraments of m. nnhIir
sery,cs. and that. whiI. nronerlv odmi,is,ar.
1 Ell il oneraies ,o',he aIymt,ns oC ,h,, ram.
! mnuitv m ord,narv business r,la,io,s
I I,n,roctCnIlv ~ ,onr a,,.,,,;n', ~ s,rJr,,
/ sunoesiions of ,mnrovemenls in The se,Ils.
mr,t al accounts a.nar;,Ily ,snarJs no
I larye snms of o,,,s,a,',iin, .rteats Inc IN ,hs
| ynyetutnprt amt or o,her reforns IN ,bs nj.
mini.,r,,iy. a,,,jon oC his d.partmpo, which
are Indicated by The Secretary: as also 10
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