Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1877-12-19


tanning peace and independence with
out the aid Of some stronger power
The subject is deemed worthy Of res
pcciiul attention, and the claims upon
our assistance by this distant commu
nifty will be carefully considered.
OUR F0gEIoN TRADE.
The long commercial depression in
the United States has directed utten.
ton TO the subject of the possible in
crease of our foreign uadc and the
method for its development, not only
with Europe, but with other countries,
especially with the States and sover-
eighties Of tho Western Hemisphere
Instructions IRON the Department oi
State were issued to the varions Diplo
matte and Consular officers Of the Gov.
ernment, asking them TO devote atten
ton to the question Of the methods BY
which trade between the respective
countries Of their official residence and
4the United Sintcs could be. most Judi
cously lostered. In obedience TO these
instructions, examinations and reports
upon this subject have been made b,
many Of these officers and transmitted
TO the Department, and the same arr,
submitted to the consideration OF Con
gress.
REPORT OF THE SECRETARY OF TIM
TREASURY.
The annual report of tho Secretary
Of the Treasury on the state OF the fl
nances presents important questions
tor the action Of Congress, upon some
of which | have already remarked
The revenues OF the Government dur
ing the fiscal year ending June 30, 1877,
we're s269, 600 5s662 The total ex-
penditure- Tor the same period wert
s238, $50 00S.93. leaving surplus rev.
enue OF $50. 40577 60 THIS has sub
stantially supplied the requirements OF
the sinking fund for that year. The
estimated revenues OF the current fiscal
year ARE s265 500 900, and the csiimat
ed expenditures for the same period are
s232 ,430. CAB ~. II these estimates
prove To be correct, there will he II sur
plus revenue of S33 ,u69 1856 2s, an
amount nearl, sufficient Tor the sInking
fund ior that year. The estimated
revenues for The next fiscal year are
s269 250, 900.
1t appears, from the report, that dur
ing the last fiscal year the revenues Of
the Government, compared with the
previous year, have largely decreased.
This decrease. amounting TO the sum
of SlS 4sl ASP 81, was mainly in Gus
tom duties, caused partly By a large
falling of of the amount of imported
duliable goods, and partly by the gen.
eral fall uf prices in the markets Of pro-
duciion Of such articles as pay dd rdio-
rem taxes. While this is felt injurious
ly in the dimiuu,ion of the revenue, it
has been accompanied with very
large increase Of expectations. The to
tai exports during the last fiscal year.
Including coin. have been s65S,637 ,457,
aud the imports have been sl92 O97,-
$40, leaving a balance of trade in favor
OF the United States amounting To the
sum of sl66 539, 9,9l7, the beneficial ef.
tsc,s ot which extend 10 all branches
OF business.
m. estimated revenues for the next
year will impose upon Congress th"
duty of strictly limiting appropriations
inclLding the requisite sum for the
maintenSnce Of The sinking fund with.
IN the aggregate estimated receipts.
While the aggregate of taxes should
not be increased, amendments might
DC mace 10 inc rcVenuo laws 'na' ~
"ou'u, w'tnoue u''ilin'Su.ns .ne ie'
o"ue' re'oVo 'ue peoP'o i.o'' unneSes'
say ouiuens' Il 'aN o,' "" "''u oo'',e
y sno"n " '"e eApeliei,oe, no' oniy
o' our ow" Voun''o pu. "' o.ner Vou',
.r'er, " W 1a1,', .o','e'su ~,'u9p' M 'oss
oy unuo'a ",uu''o'' =, ,,""', y. "''n va e
uor"e y, 'uo vo"n''y y, ,o,"e''o"
a ''A y, w." ' es''.I ou,~ s ~" ,IS III ,1', ~"s
t"o Oo"'s a i'o"''u =" w." go % ooo pnn n
uu1o i0Ne'"e eHSeeu"s rs .'-'ooV,yyo ,
anu ,. .u"1 e',"u'e ~o '.9s ~ ;lg.
'''u''''""S " a"'1 ~ NJ
I .""I "Ds ..''' .,.s '''', 'ro,,. ~
',''e'''' ~ .''v - 49, ~, -, 80 -
'ne ',''y','.s's9 '.,'.s ~ W 80 a"1 '"o'' A. ~
'"0 .S'7'"','" ".l1''S T" '"N
n''s''u r"1uI'' u"'.L 'n'I y s.v'u "", "
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o0o''
PROTECTION OF TUE htNhNVh'
Attention is also called to the ncces
r si,v ot enocting more vigorous law.
tnr the protection of the revenue ano
tor tho nnni,bmen, of fraud and SNUG
.liny This can best be done by Judi
,,ions provisions that will indnce th,
. disclosure of nttcm,ded fraud by mn
) dervulnation and smuggling. All
. enuc laws should be simple in theil
provisions and easily understood. S,
lar ns prsclicnble the rates of taxation
) should be in the form of specific du
Z lies and not ad ralorem. recurring th,
. Judgment OF experienced mon to ascer
/. tain values. aud not exposing the rev
enue to the temptation of fraud. Ny
"l'en''o. mas oe'" 'u',,a ,n abn usa" ;n'
lev'ss VI Oo''T Ii,, Iva w Wv y'9s. ,h ',.,cns
"s W 'uo 0o'''sS'o" a. w N"'s,'''it ,,I
anu s'is""o"s ,,' e%o''I L IA Fva,o,;,,n "s o''
~, '"o,r vo',ev.'"" y ,,, D
uo,s ny 'Vo''''rV'''"aro" NV, ,,.... '"s'i,s' w.
70 ',e oso,e.a' " ~, ,.,,;,s,,. ~ a.
.u'''''97'." " D,ns,u ,,',,,,,' da,;s M
'no oo','s''o' % " J"''V",a ', n"ss, '' - '' Wv
por. ., Wv ~, io'" r,o%isn",;nn eo%' % ~ ~,
'''s,"''s es.'Os '. Io ro ~ rh,rh ,ho n,tcn,io,
!. sS',,o'''s ~ r'''''.. " ,o.;,ad +, - m,,,o
y, ov, '''s.',,,ia,;nn ac,, ~ no, no,wi,l,s,ond
4 VI No''pi i"N"iNNNp '""'' ''''''