Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1866-12-07


r weak. lis true strength consists in leaving
individuals and States as much as possible t,
2 themselves in making itself felt, not in it
power, but IN Its benofcencc not in it.
control, but IN IL protection not IN bind
ing the States more closely 70 the centre, but
LEAVING each to moYe unobstTuciCd in it,
proper constitutional orbit These are the
teachings OF men whose deeds and services
have made them illustTi0us and who, long
since withdrawn from the scenes Of life have
lett to their country the rich legacy Of their
example, their wisdom, and their patriotism
Drawing fresh inspirations from their les
soLs, let Us emulate them IN love Of country
and respect for the Constitution and laws
FINANCIAL REPORT.
The report Of the Secretary Of tic I.las-
ury affords much information respecting the
revenue and commerce of the country. His
views upon the currency, and with reference
to proper adjustment Of our revenue
I system, internal as well az lmpasI sra cone
mendcd 10 tie careful consideration ll Con-
gross. In my last ann al message ! express
ed my general views upon -lcsl subject.
need now only call attention TO tie nae sity
! Of carrying INTO every dcralmea. o. thc
! Government @ system of Iigit acc uu.a .ii-
/ ~, thorough Tctrlnclm-ut, and vI.c tc. .-s-
my. With no exceptional Esr unusual oz-
/ pendituTc5, the oppressive burdens OF taxa-
/ ucn can be lCsscned by such q modification
/ Of our revenue laws as VIII lc cen sJlut
with the public faith, and the lcgitIma .c and
/ necessary wants Of the Government
The report presents much more sa;i-.ae-
/ tory condition Of cur finances than one year
ago the most sauguinc could have autiapa,-
Cd. During the fiscal year ending tie i0,h
June, 1863, the Jas. year Ui tL- war, the
public debt was increased SslI, ,yU2,5a..
and On The 5lstO. October, 1863. it amount
ed 90 S2,1iO, O,sjl,Ij0. On tie 3l>t d-y I'd
October, 1866, 1t had heeh reduced 20 So
Jjl ,3lO.OH6. the dimiuuucn. during q
period ui fourteen months, commencing
September !, 1850. and ending October 81,
1866, having been 500 3.9 500. In the
last annual report on the state of the huan-
ces 1t was estimated that during tie three
quarters ot the fiscal year ending tLe 50,h
OF June last, the debt would io increased
SIP, 1921. Daring ,Lo period. however.
u was reduced S3l. .lg6.3o1. the receipts Of
the year having been So aU5 .gOj more. and
the cZl ln-ItuIls S2Hu, 90 20 less than tie
estimates. Nothing could more clearly
indicate than these statements tic cxlou.
and availability o. tic national resources, +
ans the rapidity AID safety with which, uu-
der cur form oi government, great military
and naval C=flbll-.mC cau Be disl-ujol, .
and expenses reduced from v.r % q Ica-- F.
footing
ESTIMATES or EvrNrr .N1 Ys..,s.fls--.
During tie fiscal leas ending jLc so-4 O..
janc loly, iae t-eeiI -- were sos iua-.H-i,
ana the tN. mixtures -i. .a..aN, leaving .
an avail D. uII lus .- SoI.-ol $50. j. is
estimated ,-at itc receipt i0- o., fiscal ytsr .
ending t-- ov-l sGl-, l'9,. Ni.l BE Srt',- .
-sfr la- H-~ t-,-r- Id. T-...-- ..--
Illus OF 5l7, ,o'5,5e~. For tie ase-i r,s7 .
ending Jluc 80, leje, B. .s ss.ll4 -li tha- .
the receipts Will amount 90 Sslj.NUu.tOu. .
and tha- t.e l41er.l.l.cs Nil i-.
$3.50, 0,2t7.6il - showing l1 a2e.. -..
S~j.7j2. 1852 iu favor %. tlo Government. .
These estimated receipts may l. diminished .
Dry q reduction oi excise aud imI B.. luti,-.
but after III necessary reductions shah have .
been made. d., ll,,rat 10 tic ,r,--ut al. .
Of following years viii bubbles o.. ur-i,ut .
to cover al legitimate c.4re. uron The
Treasury. and leave lr-, annual surplus .
&, BE aruli,I b. tic 1yucu, oi tlc prime.
faI of tie debt. Ttlrl seems COW 10 he n1 F.
-9si reason w. .y taxes may nos he reduced .
- tle couu-ry als-ae,a iu population aH.. .
wealth. and SCI ,Le Debt De ezarEuls.ei .
within the next quarter .- p c-u.alE-
.................
4n- "'-
Tic rci IT. gi TIC Secretary .. N.- .--
ai-.o- valuable and mI rta1t ir'v-ui. .i0a
iI. -,.,Etu-e ta ta- q .sa,..r- Dos .tar.-
mea- la.ia- tle Ia- Tea- isn f..aa-.s--
now remain 3D. Che z-r5i-.. .1f a.y
ilg discharge a. la. .-!y a5 t5T cam
placed ty rlgl.ll troops i". amy
been promptly paid, eaIeiui!Y lIo.l-el "-.a .
medical treatment, VOL sheltered fll s---
sisted, and is to De furnished with hrses-- .
loading small arms. Tie military s-r,n-,l .
Of the nation has lccu uulmIair,d .y tae F
discharge of volunteers, thc disposition % I.
uuslTyioo-lle oi IeIisla9le s.----' ana ,-e F.
rcucul4McnJ IF expenditure. >--l-.-1-
war material 90 meet auy emergency ls- .
been retained. anu, il-m the ii-aln.11 d ',i- .
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