Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1858-12-22

dpnce OF the manuiaeturin IN erest>, ahu
Civ. fresh impulse to our revIvIng
business. To this, sur ", no person will
object.
In regard "a the mode Of assessing and
rollec iur duties under strictly revenue
tariff. have long entertained and often
expressed the opinion. that sound policy
rsd1ires this shoulI he done by specific
duties. in cases to which these can be
properly applied Thev are well adapt
ell to commodities which are usually
sold bv weight or by measure. and which,
from their nature, are Of 'quai or OF
nearly euraI value Such for exlmple,
are the articles of iron of dilf-r,nt cIaS
So, raw sugar, and foreign wines and
spirits
II nv deliberate in lgement. specific
duties are the best. il no! the onlv means
Of securing the revenue against false and
frauIu'ent invoices. and such has been
the practice adopted for this purpose by
other commercial nations. Besides. spe-
elf, duties would aford to the American
m,nuf,riuyer the inciAen'al advantages
to which he IS fairly ertirlrd under rev
enue tariff The present syS,em y a
Slilinr scale to.his disadvantage Un-
der it. when prices are high and business
prosperous. the du'ies rise in amount
when be least requires their aid. On
the contrary, whea nIices fall. and he Is
>trup gling against sdversi'v. the duties
are diminished in the same proportion.
graq'lv to his irirry.
Neither woull ihere b. danger that a
hirher rate of du'v than that in'enied hy
IN ross. could be levied in The form OF
spse,fi. dries Il would he easy TO as
ra-fain the average value Of any impar-
70 ar.icl. fra series Of years: and. in
tad II su' citing it tn an ad roforsm
dntv at certain rate per eeu'um, TO
suAs;i'u'e ia its place an equivalent spe
elf du'v.
Bv such an arrangement the consumer
w~nM not b. iriured. 1t is true. he
miyht have 30 paw a litle more duty on
4 given arriclr in one year; but II so. he
would ptv li;ile less in another, and in
a series Of wears these would counter
balance each other. and amount 10 the
same thing. so far as his interest is con-
cerna1 This Inconvenience would be
,rih'n wher eon,raste1 with the n idi
'iansI security thus aff'rded againsl
frau Is upon the revenue. il which every
consumer i directly Interested.
I have ihrnwn out these suggestions
a. the fruit of nv own observation. :"
which Congress. in their better Judge
-,pnt. will givesuch weight as they may
Justly deserve
Tha repor, of the Secretary at the
Trra<urv will explain in de'ail the ope
"a ions rf that def ar ment Of the govern
mant. The receipts into the treasury
from all sourres during the fiscal year
ending 30,h June 1-53 Including the
treasury n1,as nu'hcriz II bv the act of
December e3. 1857 were seventy mil
lion two hundred MI seventy three 'h"u
SanI eiph, hundred AMI six-v nine dol
lars anl fif'v nine cents 1870. 973 500
50 J which amount, with tho ha'snre I
seventeen million Sven hundred and ton
thou,qnh one hunireI AMI fruT'eeu dol
lars ari twenty seven cents (SI1.7lb.
ia oTi rem lining in ,ha treasury ~
the comm .ncement "f the year. male an
agTr-.,ate for the service o. the year at
.i .h,v-s VEN million niua hundred and
.; .h,v thr.s d,'larS AMI eigh;y-six cents.
{ S87 933 9S3 s5)
TIE npblc .xpsndi'rras during the |
f .ral vea~ enling June 50 1855 amour |
,ed To- ii ,hiv one million FIVE huadrel |
and eighty FIVE ihousan six hundred
and >ix.v-s-ven 4 ,'l,-s anil seventy tx
een.s. Isl 5s5 SCI T6 J of which nine
MILTON s-x hundred and .irhty fpur I on
s nj FIVE hundrad and thir'v seven dol
lars anil ninety nine cents 80 684. 537-
99l were applied TO the pavm~u' of the
public debt, and the demp.i,n Of treas
urv noes with the interest thereon ] av
ing in the treasury on Julv I. 1853. be-
inI the commencement Of the present fis
e i wear. six milliOa three hundred and
ninety eight thousand three hundred anl
S'x;ren dollars and ten cents. {S6 39S-
3I6. 1O)
The receipts into the treasury, during
the first q 'srter Of the pr-ssnt fiscal
ear. commencing the 1St Julv. 1853
including one half Of the loan Of twenty
Millions of dollars. with The premium
IDon l.. authorized bv the act OF II !
Iu1e, 1853. where twsntv-five million
W. Hundred an thirty thou sanl /.
light hundred and seventy nina dol.
arS anil f,r;y SIX e-t<, (s95 % > h
10 Al. anil the eslimlted receipts !
or the remainiug ;h'si q lart, TO the |
iJih June. 1859, from ordinary sources. c
re thirty eight mi lion FIVE hunIred a
housand dollars. (S33 10000. m X Q
NJ, with the bals1cs before stated. an b
.ggregate of seventy million one hun I
re and twenty nine thousald one hun- 4
red and niuetv-6ve dollars and fifty six d
ents. (S1O 1915 Sc p
The rx2en Il ures. during the 6 st e
ulrter of the prrsalt GSsal year. were b
v g.n'y-OEe million seven huidre1 an ii
sht 'h)usInd ore hun lreI and niHe'y Il
Ight dollars AMI tify-one cents. (S2l.- G
13. I93 5I:) e which one miIlioa and IL
N lhoussni one hundred and fnrty two N
ollars and thiriv-Seven cents ,OIO v
I9 81 were applied to treasury no;es \
nj the interest thereon. The eslimat d a
rpeaditures. during the remaining three el
a'r;er' to 3)rh June; 1850 ave fify- ie
- million thr hunired and fifsy W
ven thousand six i.u1 ired aaI ninety V,
III, dollars aud forty eight MS (S52. pl
81 693 43 making an aggregate of fr
wear four miililn Ky five thousand
ght hun1re1 and ninstY-six dollars and
nsty nine cens, (S74 O65,89i 90 } be SC
= an excess of expsndi e. beyond the s.,
s.imaled receipts into the treasury from IA
rjinary sources. during the fiscal year III
J the 30ih June, 1859, OF three million We
ine hundred and thirty-six thousand