, 1881-12-07
imports or tuln antl bultlonrxreetrti the rypotts
excess or im,trts nvcr cxp,rta wits s1i, IIstsi3,

bGtDbu fItac6HlAl'fe sfttrtHE TIT yGNr, anil CO.
thosu haIsIs ut lower ratdtuf lnterust. Thu illi
Tor Hslch refnn1inx lhvilE fnIlGti 10 tlce,nno /.
;t MI III ss'StstK !,s SoKefs . o e. ts tss;i; Sf e. IT.
w"tId IN pail Al par ui tho ~ Ky n .JIsly foi.
liz tf tic nSy nns @ i" ne"s trus.
Is otico II @ Eli Of @ has TO- ] s"at li,, ~er, s
redeemed. IN tho month Vi May Il lAt hn.trp
s s ,sds, H. a g 'bs, YE Sf.5 V,as s
III rsacsie ID IL rhs IT,! ~ 'r;s' aHi Su%is "%s
var 'icSs. atnoantinK .9acthsr 10 sSit.i;.SS},. tiSS
Of the Treasury Rayc nottcu of bis lntantlon Ii
xsttc havo been pald fro1n thc .rplus rasei,i,c.
There t!as nlso htr1i rgdctnutl NJ lnr *iN.l: ~
Il ~ II pi fS Sos res"s or whit %i! y sxo
ceased Il, tcnr interest during tho yc,r ut flIL-
Ma.HU. Tho rndi,rttuu nr tho nnitiini Interest ",
il9 pt1ls!c lobt through those transactions IL ~
I'y reduction OF interest to ~ per ,. .u,
lS rs'isia,i;o;a Il ioi'is g.. s's'i1,
Ths III pcr saiitam GiiI Getnx psyGic 1,
!9e Eschsiltu ut TIC tinvtrtIneut. Aru available
inr lilo Investment NJ Burr!lls ruvuGue wIthuut
tite tnyHust 1f pro1nintns. Unless thgso bonds
ia c .ls srse t IT, ihS Sf stsrsta
Il sSs III '1's no ''&''As'A respecting
sunrl.tts.
II Il 4 matter for cungrntuLatiDn that tho bu.!-
ness q the country hns beei! 10 prosperous dur
Ing tho tlst ypar Us to ytuli Us tux,it.on Argu
suElil,is of inc0Inn 70 tho Government. II tho
roScnuo revenue laws etnh,ii unchanged, tho surplus
must yeae By yeur, increase Utl account nf tho
reduction If tue public debt and H. burden IT
Interest. i and hcGausS y "f tho rapd itsrcase 9f
tptton y o,ir Internal rcveule systen, cur po,,-
ulation but slightly cxcee4lna ;D,0U00. l.y tho
census nf 1SsD It Is now found npxcect "a, ,U 0v.
und expenditures should c0ntinuGt us Ut pres-
ent. the n.tlrc debt could 10 nnt III ton years.
n yiow, hpwever, ot the heavy loAd or taxntinn
which our peuplo have already bor,c wa irIny
well consider whether 1t Ia tho parl Of Wisdom 70
taauen r., tho rcysqltcs Gycn 1t "" dcIuy little
It scp,ns 10 me that tho ting has arrived whcn
tho i'eHt'io tlHy tuatif demand some relief fsun
tne1t Dresnnt eflornuuB burden, An0 that by tllu
service this may rua,lily be afforded. thoru-
ioso i., Gonctr with the sccsctury III recomtncnd.
THE ABOLITION or ALI. 1STEnS.1l. l,Evx-
NUE. rANE5,
except tltso ,inoD tobncco In its various ferns.
nn unun distilled spirits md ferulu,ltei liquors,
anu except also tho bpetlal INK upon tho ulIHll-
taesu,srs 81 and ,lenlrrs ~ s'1s nrtcea Tho
inH the n'tfcers VI tho Iovurnucnt IL proper
supervision at lhcko articles fur ,ha prevention
Ttcasary that ' ;no law VT impos!nr @ !eS stuI, n TX TX
i,x.earis, Checks, md druf,s my 'iiiih Win
aisa "; which banka and banlors arc Nsscsssi
upon tholF catltal und deposits. Tnere se0s,ls
10 be IL Ectcrnl sentiment III ravoruf this cnursu.
III tile present ounditlou NJ our revenues tho
tux upon det'ostts is espccl!ly unJust, It v4s
iliAllcu ~ tho necessities VI WAr, ntlu wis Icvcr
btlNffu1, l htyt1 in tr1nr t,t.n
It's Ercatcst cxIRei,ctca Hn,Iktts ,!re required
70 seeure their circulation " pledxing. with tue
!icneraI tioyernn,ont. Tho. luterost upa'. tiesu
bnhds. Which ut tho ti1ns whon thu tux was itI,-
X nGsed was . pr cent u 1'!,S III lnost ll'stutccs
M.s WI T;a new% When ,no ef!;l 4; w. pan6s !;s
xrss.ess .ss H. usss'.sent S1,ss aisht 9 AsS yssy
te systsn, nus Scc fres aa sno
nr circulation segulutc. b. tho rubltu s'tn.al.d.
1'le rctcnt,on u this tnx hns been suggested US
e1pcnso Of printing mud furnishing tho ctrctiat-
Ing t,otes. II the tux Should Go rcpe.ted 1t
, would car;al.'y Go proper ~: ixt..lru .ho NJ
sn tho Coutroller ot tho Currcncy. It l. lerhups
do.,h.iu, ,.. whether tho immcdmo reduction of
rAx.yy1oS ul'oS LIQUORS AND TOBACCO
Hrunafv wI,i,i, t,tst uti ti,t IN v,,u,.t ~ "r.
r,,nrd vT pnnsi,,ns x ,s,1np,rIsot,' h.,tv"v"r ~
ibn Nn;,tt ~ fmyos ..oii"t[, ,nicr IN, vnrrits.,
r,ius ri t.xntinn which hnv,. III t5itY"r,n, tinSns M
nravniir s,tHrcs,s thn tntinntm tint st,t,,,, ~.
titIrttnn ,nHv s,,,,l, liz, tnn,in .vtht,t tumtari
dimluullon IT the revenue.
THE T.1i:IFF LAWS
also nncd roys]t,lt. but tlut II din, rrrnrd NAV
Go ,rIi,i 10 liz Conflicting irterusts uf air uy{-
xs,is. iu,Inriuut uGult,.s Sht,l1i,i In, nma Win
Cnulion. ii II carcfut revision t,nnt,ot In u,nuu
MI fbjs nrssmI n tnIntsstnn gi,nf, ~ yms ,ns1.iv
nt,t,rnvei nv tl,S scn"tt, sn Ia INV ,n,,J.
III nv tho srcrntury Of Tho 'rrrasurv. syd,I
tuubiiuss ljalirti tic lnhuts uf i,anu rcss ,voi,
vyur this suGut skuli bp brupilt is its cnn Xiii.
t.twitt,n. ~ - ''- >e"'''
stCAEi.AHf Vf WAR
TlD accompanying rupert UT t,ie Secretary Df
Wnr will i,lMku known tho operations OF TINT
department for tho VnSt year. lie suggests
tuctlsl1Gs fnr pronMttily tlu efficiency or tic
urtuyBr Adllsx IL thu number Ut Its ulilrers ttlu
lpc0nlMru.ls thu !cgls'aslun necessary IL iH-
crease tho Number Of enlisted mon tu 10, ,00O tho
innAt'sHll alloWcn " INV. iAla W AutisS nGcea-
r,o ~ T., 1'rssx, s,,' ~ u orn.u ;ss
si.,n IN, y ,,"ra ,etn 4. H.. u ,.t. I. tnMnts.
~ m,t,t.t @ scttinr. mi thoi.. ,,snr,H S1ssmst
u4In.s e,s'i ii,,a @ ',.nt,ut >, ~ rt htsM .,s
~ tmtr,irs. ",,I ~ Ts,"hie % n.'ns;,Io tM,,tI
,,tn'sa ~ !. ~ nsi,,,1.h % hun,,,. ~ r1st rmM,,,
5.rss ~ nI.r t..I,,,trw I'm mrt1. IL n,v u".s.
surly kcntterod nrur such Il v,lAt cxtcut OF ter.
Tllory thAt whcucycr N. outbreak ucvlts roiti.
ts,rtutncnts must bu hurried ttpnl tnnly tluar-