Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1853-12-15

eraey OF the Nation. and thia the vital eseenc Of
Ne being and iIs gasainess. 0ftbe practical
eous .quenees which hJv from the nature Of
the Federal Government the primary fact if
the duty Of administering With integrity and
hdelIty the high trust Feposed in t By the Coo.
s'l.ution-esPecally in the application II Ihs
public funds - drawn By tsKztiOa from the
people and devoted 70 specific objects BY JOu-
gress
! Happily have no occasion 10 suggest any
radical changes in the financial policy Of the
goVernnenL Ours is almost IL not absolutely
the solitary power Of ChrisGendam, hAviug a
surplus revenue growing immedirteiy from i'm.
ports and commerce.: and therefore measured
by the spontaneous enterprise and national
prosperity Of the country. With such indi-
rect relation 10 agriculture manufactures and
produce Of Lh- earth and seA. as to Violats no
constitutional doctrine. and yet vigorously pro-
mote the general Welfare, neither as TO the
sources Of the pTblie TreI urrr nor as to the
manner OF keeping or managing it. does any
grave controversy now prevail there being q
general aequiesean;e in the wisdom Of the
present system.
The report Of the Secretary Of the Treasury
will exhibit in detail state Of the public fnan.
ces, and a condition Of the various branches
Of the public service adnihistratered by that
department Of the government.
The revenue Of the country, levied almost
iinsensbly TO the tax payer. goes on from year
to year, increasing beyond either the interest
on the prospective wants o. the Government
At the close Of the fiscal year, eRling
June 30th, 1889. there remained in the Trea.
sury balance OF fourteen millions six huadred
and thirty-two thousand one hundred and thr-
ty-siI dollars. The public revenue, ending
June 30th, 1883, amounted to fifty eight mill
ons nine hundred and thirty-one thousand eight
hundred and sixly-6ve dollars, from customs;
and two millions four hundred and FIVE thou
sand seven hundred aul eight dollars, from
public bonds and other miscellaneous sources,
amounting together to sixty -one millions three
hundred and thirty thousand four hun
dred and seventy.fur dollars; while the pub
ic expenditures for the same period, exclusive
OF payments and account Of the public dept
amounted to forty-three millions Eve hundred
and iifty-four thousand two hundred and sixty
two dollars; leaving balance Of th;rty.tWo
millions four hundred and twenty-five thou.
sand four hundred and forty-seVen dollars Of
receipts above expenditures.
Tnis fact of increa.ing surplus from the
Treasury became the subject Of Anexious con.
sderstion at very early period OF nv admin.
lstration. and the path Of duty in regard to il
seemed TO me obvious and clear, namely. 6rst
o apply the surplus revenues to the discharge
the public dObt so far as it judiciously could
lbe done and secondly to devise means for tn.
aridual reduction Of the revenue to the stand
ard OF the public exigences. OF these objects
the frat has been in course Of accomplishment
ii manner and 10 degree highly satisfaeto-
Y
The amount OF the public debt of all clas-
ses was. on March 4th, SO; sixty million one
hundred and ninety thousand, thirty. seven
dollars Payments upon the account OF which
have been made since that period 10 the amount
of twelve millions seven hundred and three
thousand three hundred and twenty nine DO
lars leaving uupsid and in a cont nucus course
Of liquidation the sum Of 856. 486, ,7U8. These
payments although made at the market prices
in respect 10 classes of stocks have been effse.
ted readily andstO the general advantage of the
Treasury and have at the same time pT owed Of
signal utility in the relief they have incidently
forde to the money market and TO the sub
sntial and commercial pursuits Of the country.
The second Of the above mentioned objects
that Of reduction Of the tariff is of great import
ance and The plan suggested By the Secretary
Of the Treasury which is to reduce the duties
on certain articles and to add To the free list
many articles now taxed and especially such a.
enter into manufactures and are not largely or
at all produced in the country is recommended
to your candid and careful consideration.
Yon will hnd in the report of the Secretary
of the Treasury also abundant proof Of the en-
tire indequacy Of the present fiscal system to
to meet all the requirements of the public ser.
vice and that while properly administered it op-
erats 10 the advantage Of the community in or
di1sry business transactions. / respectfully
submit sundry suggestions of improv MT 10 the
settlement Of accounts. especially as regards
large sums Of outstanding arrears due 10 the
government, and Of other reforms in the ad-
mlnistrative action of his department which are
indicated by the Secretary, as also to the pro-
gress made in the construction Of Marine Hos
pltsls, Cnstom Houses, and new mint in CAL
ifolnia, and Assay Office in the cit Of New
York, heretofore provided for by Congress and
also to the eminently successful progress of the
Coast Survey and of the Light House Board.
Amongst the object needing ysur attention.
will be important recommendations of the Sec
retary of War and Navy. lam fully satisfied
that the NAVY of the U. S. is not in coudi-
ton of strength and eficience Commensurate
with the magnitude of our commercial an 9TH
er interests, and commend to your special at
tentOn tho suggestions on this subject made
by the Secretary Of the Nary. respectfully
submit that the Army which under the present
system must always be regarded with the high
est interest as a nuclues around which the vol.
unteer portions Of the nation gather in the
hour of danger require augme "a ion and
modification to adopt it to the present extend
ed limits and frontier relations of the country
and the condition Of the Indian tribes in the
interior of the continent, The necessity
of which will, appear in the commuica-