Wlr.
..._._ .,,
‘
3-4‘:-
. .
ill I’
4
gets the‘ i\_'ational Vaccine .InS.lfluitlon. was read ..
a ihimrume. passed. and. seitij o3flie1Sc_’_p,._.at6 5°’
* concumcnce. ’ » . 3
’ Mr. Lowndcs-gave n0tice‘.__t_h_tt:§, hp S.ll0Ul§ls 0".
",Vednesday next, move for the consideration of
the resolution‘ d'cc'lariiig; the admissionof thestate‘
of Missouri into the Union. v ‘
' _'_£l_la7zr:'a*y, Dec‘. 4.--Mr. Smith of Mdtfrorn 1116
i
committee of \Vays and Means, reported a bill’
for emoiling,--licensing, and granting alldwanccs
(of $3 per ton) to vessels to be employed in the
macl-;e‘rel, or the cod and mackerel fishery, w hicli
was twice read and committed. _
a Mr. McLean, to whom was referred the pett-
tion ‘of Matthew Lyon, made a report thereon,
accompanied by a bill for his relief. _
[The bill directs that there be paid to Matthew
. Lyon. out of the Treasury of the ,U. tales, one
_ thousand and sixty dollars, being the a_rn0Unt 0_f8
. fine and costsrecoverrd against him in the Lir-
ctiit Courtof the U, Slalcfir (m‘fd°" “W “id '5fd‘-‘
. tion law) with ,interest~tlieit'eo,n_ from FCb.>9,1l 99,
until paid.] _ _ ' -
The bill wastwice read and committed.
On motion of Mr. Daidingtoii, it was
Resolved,-That '.lie'Secrctar_v of the Treasury
he dlrectredto report to this House the amount of
fi!lcstce[_‘ti‘fi(:(l,l0 the Comptroller of that _depart-
mom, to‘ have been iruposcd upon this Militia of
Pennsylvania, for neglect of duty, during the late
.wér_wit_h Great Britain ; the amount of said lines
. which‘ has been levied and collected by the Mar-
shalls of the respective districts in that state, or
-'tlicii'<leputies; and the amotint thereof which
has been actually. paidimo ‘the Treasury of the
U. States ; ‘also, what proceedings havcvbccn m-
. stitutcd for the recovery of the moneys. flius col-.
lected within said districts, and not yet received
at the Treasury. . V . _ '
.. Mr. Strong submitted for C0llSlCl€l‘allOl'l the fol-
lotvingj; resolution : ‘ y ' »
Resoltlfff, That a Committee be appointed to as-
. certain and report to this house the amountof in-
dlvidualclaiuis upon the U. States, in favor of
American citizens growing out of the last war
with Great Britain, the Creel; war, and the Scin-
\vinole war ;_ designating the classes -iftlie claims,
and the names of the claimants 3 l(_ii_{elltci' with
the sums which, in their opinion. shall be equita-
lilyand fairly due to each, so far as the some inlay
be pr-.u:t._ical)le : and also upon the expetliency_ol
providit‘ig for the saizie, by issuing sci'ip, t‘r:cc.iv-
able in p'§:j.'nteiit for public ‘lands, or in such oth-
er manns;r.z>.s the committee may deem l‘.‘.0l'C at.‘-
visa’;-lc. i ' 3 _ ~ ‘ ' .
After atfew remaiks: a motion to lay the rc-so.
lution on the ital:-le was decided inlltc all'irma'.lve,
by a small majority. T
On motion of M r. Forest, the House proceed-
ed to consider his motion for rcq:_iii'ing* lllii.‘l'lll?.-
tion f-rorn the \Var Departi:i.cut,respecting cer-
. tain loans of gun-powder, €<C.--~lllt’. same having
been i_r_it.-«tlillcd by st-.-ilsing out the pie:-.inlile, was
agreed to.-
’ Co_.'!:?7zc?'€c of tits .-’3.’.2c.l' - r-r:.
l\‘l'r. Fuller ofi2:i'ed for consideration the fellow-'
i_J1g_l‘CSOilll.i0Tl_ :
.°soZvcc1,. That the Committee on.Commerce
be instructed to inqtiitointo the expediency of
providing by law such means as may be necessa-
ry to obtain for the citizens of the U. States the
navigation of the Euxinc sea, anda participation
ot"the commerce of its ports and dependencies.
Mr. F. afteriremztrlting on the expediency of af-
fording to commerce, under present circuinstatr
ces, all the facilities in the power of the govern-
ment to bestow, went on to say that our com-
merce with Russia, it was well know-ii, was at pre-
sent almost.entii'ely carried on tlifottgli the Baltic
sea, which, it,“ as equally well ktmwii, was closed
against navigation fer the greater part of the year.
by the severity of the climate. The EI_‘.Xl1lc sea,
he said, al'fot*d=.-d much greater facilities, by means
of the rit.'ers v.-hich fallinto it, for. carrying on the
trade with‘ Russia. But, not liaviog any agent
there, -/e have no means ofprocuiging ct-mission
to pass the straits cf the Dardane-lies. from the
information of others, however, Mr. 1'‘. saidhe
had no doubt, that the rt-qiiisi=.e permission could
be obtained byasking it in a proper forin and man-
ner. The free inta.r.course with the Euxinc
would, he sztid, be of much advantage to us in
another point of view. At present, all our coin-
merce with Turkey is carried on through Smyr-
na. Several ports of the Darslancllcs, said Mr.
F. would be more convenient for thispurpose
than Smyrna.‘ Upon the wliole, he tlicught it
advisable to have an inquiry llllltle into this sub-
ject through the inctlluni of a committee of the
House. . . i
Mr. Stevens, of Conn. said, in reference to M r.
Fuller’s intimation that permission to passsthe
Streighls could be cbtztlncd if asked in a proper
manner, that he presumed the agent who asked
it must go with sonietliltig in hand, and suggested
the propriety of ascertaining, before they went
further, what would be the cost of this project.
Mr. Rlica suggcstetl that the mover would per-
'p. ips get more directlyat his object bf.‘ moving
at once to request the Executive to send -.1 Minis-
ter to Turkey. _ '
Mr. Fullcr’:s motion was agreed to without a
division. - -
_M: . lVlei’t;ei* sub mittcd the following :
‘Resolved, That tlielircsldcnt of tlte U. States
be requested to lay before this llnus-:: aziy corres-
pondence that he does not deem it i:.e.xprd:7.~r.t to
disclose, which may have existed ‘octw=:<:ii the ex-
ecutive of the U. States zintl the gm-ci‘tirncnt.~: of
any of the maritime powers of lint-ope, in relation
to the f‘.fricaii slave trade. Agt't:e:l l0.\‘.‘itl‘.t0t|’. r.
Cizrisioii. ‘ .‘
Mr. Eustis, after some introdi:ctoi'~_v remarks.
inthe course of which he coiiti'astc«.l the old sys-
tem of the pension cstablishinent with that which
had recently pievalletl, arlvantageotislyiro the for-
'1nei',_pmp0s£-d the following rt-s<)lt'c :
- lltraolzzctl, T'n:.t the Comniittce on Pensions
‘and 1-{evolutionary Claims be instruct:.-.:l 201";-po1':
a bill, providiiig that from and after the 4th (lay of
1Vlarcli next, no ot'iiccr, soldier, aeaman,'or ma-
rine, or other person whatsoever, shall be placed
on the pension list of the U. States, cxccpt by
‘virtue of a law in which the name of the pension-
er shall be inserted, together with the amount of
' pension to which he shall he cntitled. .
Mnliowndes sug;gestcd,witli'.-a view to dclibera.
tion, that it should lie on the table one day. Mr.
Etistis assenting to this course, the resolution was,
‘after a fevrworcls from Mr". Rhea, indicative of
-hostility to it, ordered to lie on the table. '
- sage.
,, u ., -. g-A-~lN;__.SENAjI‘E._-‘.DeC. 4.: . , . v !
’ Cqrnfzeiislitian Meivzbe‘1‘s.—-Tlie Seiia_te°toolt'
up the resolution submitted by Nil‘.-Bl1l’l'6:i_l.On the
A];f")l;ii~l.3€§;l,__i_‘.j|‘_)O,_ tofireduce t~he-:'corn.peiisatio‘i‘i" of the
Members of Congress to six.dollars a day. ' _
- Mr; Johnsén, of Kentuclty, observed, that--he
had no doubt the ultiniatje fate of this proposition
wouldgbe indefinite po'stponement. As he ‘did
not, however, desire a discussion ofthe‘subjcct at
present, he would not make that motion, hp:
would more its postponenietit till next Monday
weck; which motion was agreed to. ,
Punz's.limc_nt ofPz'racy.--'I‘he resolution subni‘it-
ted by Mr. Barbour on Friday, was l'gi~2t'l] up, and
having been modified by the mover, so as to di-
rect an inquiry into the cxpedlency’of authorizini_:
the -President of lhe United States to commute
the capital'.punishmcnt of piracy by confinement
in penitentiary houses, in’ sujc/I crises as he may
_cle:-m c.r/zediciit-— - ~ . ,
Mr. Barbour proceeded to give, at considerable
length, his xiews in support of thegobject of his
motion. He entered intoa general defence oftlic
superiority of tl*.e‘penitentiai'y system of punishi
ment over the old code, C0tll.l‘aSIiI'lg the iniltltiess
and good effects of the one, with the cruelty, yet
incl-l'cctual operation of tlic o_tliei‘—-inaintaitiing
the great superiority of the former, not only in
its humanity, but in its salutary effects on the suh- -
ject oftlie punishment,.as well as in. its example
on society»-and referring to facts and experience
in some of the states, Virginia particularly, com-
pared with the effects of the bloody code in l:‘.n‘g-
land and thls_country, to sustain his opinions. ,
The i‘esolutioir\vas agreed towithout objection.
The following resolution, submitted by Mr.
Rugglcs on Friday, wastaken up and agreed -to.
Resolved, That the committee on Publio*Lands
be instructed to inquire into the expediency of
mailing provision by law for remitting the interest
that has bect:-inc due from the purchaserstof pub-
lic lands in cotiscqueiice of the inability to make
payments a_i:rccahI_v to the terms oftlie law; and
for giving it rcason-.1’l,il-.- lime to said purchasers-to
complete the payment of the principal. '
CazzsIi.'im'wz c_/'.«‘t1j'.".tsc-u'r:'.—--'1.‘he .‘>ic:*.ate proceed-
ed to the (‘.0li'.~ltlCt‘zt‘.it)li of the resolution declaring
the atlrrission of the Slate of Mis;-‘.ritii'i into the
Union on an equal footing with the Ol‘i;;§ill'£tl states.
Mr. Smith, of S. (3. (cliairman of the commit-
tee which reported’ the resolutlon,) observed that
the r-saoltitioii was conformable to those adopted
on similar occasions ‘llCl“.‘.lOfOl‘Cq and he. hoped
there would be no dilliculty or delay in llS‘p'.tS-
The constitution of the new state was re-
publican,:tii<l no objection, ho presumed, could
‘.ll’l8t: to-it. ' , ' _ 0
Mr. Eaton of Tenn. said the mind of every
member should be satisfied on a question of so
much importance before he was called on to give
his vot'::. His own mind, he confessed, was not
satisfied; and. to obtain time for reflection, and to
mature. his opinion on it, he should rnove to post-
pone thc resolution to it future day. Therewere
controverted points in the constitution pt;e7seiitecl
by the new state, and he wished to.see”iiili'etl2er‘i:_
was in all respects conformable to the constitution-
of the United States. Another reasonwhich Mr.
Eaton offered in favor of a pdstpontment was,
that the House of Representatives had fixed on.
\Ver.lnesday next for going into consicleration of
the subject, and he did not consider it expedient
or proper for both houses to be -discussing the
samc question contemporaneously. He deenied
it a more eligible course that the subject sliould
be acted on one. house first. and then be taken up
in the o'ther. '1 o obtain time lor himself, howev-
er, as he at lit'stititim'.tte-(l, he should ask the Son-
ate to postpone the resolution to VVedncsday next
only,anr.l accoi'<lin;;ly made a motion to that t‘f‘ll:Cl.
Mr. Smith would not oppose the niotion, but
he objected to that reason of the gentleiuan. for
postprnement, which referred to the purposes of
..the other house. There was no such comity due
to that house from this, as to wait until it decided
the question before it should be taken up here.
This question had, at the last se-s:~'ion._.cccupicd a
vast portion of the time of the senate, and there
was no authority for believing that the present
"would be :1 debated question. lf gentlemen ll.-”t(l
any objections to the constitution. let them state
it at once, and it would then be known tvh;-{liar
any discussion was then to ensue. I-Icrctofme.
states had come into the Union withozzt being
‘stopped at the tlitjesliold. It was only when mist
ill-lated Missouri presented itself for 1l{ill‘ul‘:}?iif)ll,‘i
that a desire was expressed fut‘ p;‘(,c['as{i3)al_j()n g_,
and delay. He hopccl the Senate would not agree.‘
to the motion, unless divested of the reason given
by the mover-in relation to the other hous-_-_
Mr. Eaton replied, that the argtimeiit objected
to, had been merely thrown out by him ftom an ’
‘impr'.:sslon that it was not proper for both houses
to be acting on the subject at one and the same
moment. He thought it strange, however, that
the gentleman should object to the motion solely
because in his opinicirone bad argtament was ur.
ged in its favor. He stated that he entertained
doubts on the question, and had only desired one .
or two days. for reflection. '
Mr. Johnson of Ky. felt no reluctance to post-‘
pot-.-c the subject for the gci'ttleman’s accommo-
tlatlon, but he would not consent to the postpone-
ment for the reason that the Senate otizlit to wait
the decision of tlieothcr house. The question to
be dec.l’rl'etl was one’ of great importance'';' it swal.
lowed up, in fact, every: other, and until it was
settled, they could not go on with the ordinary
business of the session. _' .
' l‘v_l r. Barbour of\{'a. was neveropposed to allow-
'in;; geiitlcmcii time to make up their opinions on
all matters of deliberation,; butwas opposed. to
the motion for the same reasons as were Mess.-5,
Snftli and .l’Jllll50l‘l. The argumentuscd by Mr.
Eaton, that it was proper to wait the decision of
the other house amounted almost to an ind:-.lini1e
poetpoii:-nicint oftlic subject here.» The question,
he thought_. had been forever sealed at the last
session ; so fully was he persuaded of this, that he
had supposed "occurred wau'[d have been me /mud
Ilia! should again o/zen t.‘.z'sjbunta‘i.vz Q/'t'2z'tter waters.
Mr. B. cotuended that it was rlgl_it and proper,
under every consideration ofcourtcsv towards the
members from the new state, now kept w-.t~itlnt; at
the bar for admission, and towards the state itself,
to decide" the question without more delay. He
cotildnot believe a more technical exception could
operate on the tvisdonrof the Senate, to prev;-nt
it from eternally burying the brand of discord
tvliicli had been lighted up at the last session.
'1 ‘"5 <l“06'~30n was looked at the nation with
.ent‘_vear, including the estimates for l»S2l, ‘desig-
been lookedefor with much interest.
from the surface of the Report gathered the fol-
_.a::ce agaiiist tue 'i'reasui"y on the 1st oflan. next,
... .' \z
, ' " i 1
mucli+~'ani:iet'y- aiid:§om§ ‘dcgr 'e.._o_'t‘ alarmgandji he
hoped""the - Senate w_oti_ld rrf-. t';,kle‘ép',th_.e Ipublic‘
mind in suspcn__se,but- decide i vii_itiiout‘-7tle_l_ay.
iAt'-zen _so‘me , other .ob_§ervauon§,~" t'tie:".‘questionj
was fa!-zen onrpostpoiilog the resolution to Wed-
,.
I)
nesday,and:_agi:eed._to, n,em..j'cqn. . . . .. . t
I 1}cc...5.-—,Mr. Barbour, from the committee to
,whom wasireferred the petition of i‘\‘lattliew Ly-
on, delivered a Report’, coriclutliiig with the fol-
lowing resolutions : ‘
‘]\’Cé‘O[‘£'6'd, That so much of the act entitled an
act for the ptiiiisliment of certain crimes against
the Uniteelstates, approved the 14th July, 1798,
as pretends to.prescribe and punish litiels, is un-
constlttttional. t -A . p
' Resolved, That thp fines collct:tcd.,utidoi' that
act ought to be i_'¢.-stored to those from whom they
were exacted; and that these resolutions be re-
commltted to the‘ -committee tvlio brought them
in. with iost'ructions ;0t‘(-‘p(.“l‘l. —a bill to tlia_t.j‘3ll'cct.
The report was read and ot‘tlt:.t‘ed_ to be printed.
House or l’.’iti*.iu:si«:is'rii'i'iviis.
On motion of M r. ,Stori'_s, it was A
Iftrsrjlvrrrf, -T hat the Sectetarv of the Treasury
be directed to C0ll’ln‘lUl‘ai.ClJlC to this House the la-
test-return made to that Department of the gen-
eral statement of the Bank of the.» United States
and its ofllces of discount and deposit.
On motion of Mr. Simltins. it was
]t’csofv_ed, That the Secretary of,'vVar be re_-
quested to lay bcforetliis house a particular state-
merit of the expences of the army of ilie,_Unit'ed
States, from the cndcof the late war till the pres-
2
nating the expenditures in each branch ‘of the
army for each year, with such explanations as
may be necessary to render the statement clear
and explicit. Also, that he‘ may lay before this
housethe amount of balances, if any have acc-rti-
ed, in each year, from the moneys appropriated
for the support of the army, in what way such
balances have accrued, and how’ they have been
disposed of or. appropriated ’
j A resolution, o'l'l'cretl by Mr.Cannon,wa's agreed
to, directing the Secretary of ‘./Vat‘ to lay before
the house it statement, slietvirig the aggregate .-
mount that has been expended-on the Military
Academy at W'e'st Point. . ‘ -
./Inieiizlnicm to (lie Corzsti't:1.*z'on.——-Tile house re-
stiined-the consideration of the resolution‘ propos-
ing an amietidlnent to the Coiistittition, in relation
to the election of Electors of President and Vice
President of the United States" and Members of
tlic.Houso of Representatives. _After a short
discussion, in which Messrs. Rcid..Barbour'and
Rhea spoke against, and Messrs. Smith, of N. C.
and Lowndes advocated the resolution. the quest-
ion was taken on ordering it to a” third reading
and decided as follows—-ayes 103 ; nays 59.
From the Jl’atz'o7za.l InteZl:'gcncer.\
'I‘REASU'RY REPORT. A
The "Annual Report of the Secretary of the
Treasur_v was on Monday the 4th, trztnjsniittetlkto
both 'rlouses of Congress. . It is‘ofgre~.1tcr length
than usual-; and, as it will be the ground work of
the fiscal arrangements ofthe present session, has
Not being able to publish it to day, we have en-
deavored to ascertain the general nature of its
contents, for the information of _our readers.-—
VVe cannot, from a liastyglance, be expected to
be very precise in our account of it, btit we have
lowing facts : , .
The receipts into the Treasury for the present
year (iiicluding; monies received from loans) are
stated at §:’5l6,8t9.637'. The ]'i'.iylnenIS.‘.lltlO‘ the
Treasury duringthe fourth quarter‘ from the some
sources are estimated at $33,430,000, makipgthe
total estimated reven-.c of the present year,
$520,249,637, which added to the balance in the
'l‘i"..-asur_v on the 1st day of January last,'amount-
illlj-.‘l0'S2,07G.607, makes the aggregate amount
of 822.3202-14. The cxpemlitures for the same
period are estimated at $25.0(i_-1,413. . \
'1' here will _thcrefore,according to this estimate,
be a balaiice against the 'l'i‘e_astii'y, on the lst day _
of next month, of S2,6S8,l69—-the. recepts from
ti o customs liaving fallen greatly short of the a-
ll‘.Ol!lll at which they were estimated in the last
animal report. , . . »
(if the expenclitnre oft.liis.ycar,it is estimated
that there has been and will be paid, .-if the princi- ‘
pal and interest of the public debt, $310,740,000,
bx.-lug lll(i|'t‘:_ll‘i_.’lll two-iiltlts cf: the whole current
e:~.pcti's«: -if ‘tlzr-:‘}-t;~.it‘. - ‘ , '
"Ila; revenue {or ‘.8331 is estimated at l6,550.000
<loli~..vr';, and the certain and contingent expendi-
tures at §;‘21,:363,41’.~f,. which, added to the bal-
uiil malte the st’-.rn'_ of'S‘24,001,58,6, and will con-
scqt-ieiitly leave £1 ‘balance of ,‘5l',451.586 be} and
the estimated means, for which provision is to be
made." _ - - _ 7
\Vc are free to confessthat this is not as favor-
able :1 view of the state ofthe Treasury as we had
anticipated; but it is such an one as leaves no
room'for despoiidcncy, and il’)\'0l\'t.‘5 no perplexing
consideratioiis. The public debt has bseu lessen-
ed, during the_pa_st year, by redemptions and pur-
chases, more than it has been encreascd byloans
and by the aliticipaletl balance against the Treas-
ury on the 1st of .l.=tn.,ne._\'t.. The same may be
said of the calculations for the next year; that
the sum to be il)0I‘l.‘—0\\'.(t(.l‘ for the use of that year
will be less than the amount of principal of the
public debt which will lie paid off within the same
time. _, _ j . . ‘
V For future years the prospects are encouragiiigy.
the calculation being that l-lteltllllljiil rcw:;iu_e will»,
for sevcralyears after 1821, exceed the annual
expenditure. - _ _' _ .
Mr’. Secretary Crawford, therefore, suggests
tlizit it is not necessary at present to resort to ad-,
ditional objects of taxation with a view to reve-
nue, and urges several disstiasives, which our
readers in due time shall have the pleasure of
reading. Loans for ocr.a.=:-ional wants be consid-
ers as preferable. But, should Congress propose
a systcin of taxation, a loan for the service of the
next ye-.11‘, to the itlllnllltt of the estimated deficien-
cy oftht: Revenue, will yet be indispeiisable, and
may be .obtalned on clliglble terms. '
The Secretary closes his report as follows :.
‘ As a means ofadcling-to the receipts intothe
ti"easury, and oflessening the debt in the western.
country, and also as a measure of reliefto the pur-
chasers of the public land, the Secretary recom-
mends—!. That the debtors for land he penult-
-;payn't,ents Wllif-ll-il3\'C-l)€9-U; m;'t(’-L='’ 0“ 1-‘Pm P5“ -119
apjilied to tho dischar;;e of what is due ft:.r~th.<= rc-
cliase money owing, by the-ni, shall, receilie ii "9'
'imere5[.: or, as a :mcasu’-ic of greater liberalltyga
‘the U. States and its ofilces.
.-
ted to relinquish pttz". of the land, and that the
9
/
mainder. 2. 1§hat.those'wlio pay the whole Pm“
duction of-25 per cent. and a rclinquishmcntl of
deduction of S7 l-2 per cent; which is equal to
the difierence between 200 and 125 cents. 3.
That these who do not avail themselves of these
provisions shall be allowed to discharge their
debt in ten annual instalments. - ' V ’ .
If these or analogous provisions should ,be a-
adopted, the pa_vme'nts from tlic.public land on-
ring the year 1821_ will be greatly increased 5 Ihc
debtdue on that account greatly diminished _; and ._
the revenue resulting from that source '.lCqull'€Jl'l »
future years a more uniform cliaracteij. = —
. If then it be assumed that the revenue-tvltlfill
will accrue from the customs ‘will be equal to the
mean sum i)Ll\\’e’0ll‘ I7 and :50 millions, the aunti-
al reitenue for the four’ succeeding years may be
estimated as follo\vs,,:-"—’Ctistoms, $18,500,000;
Public lands, 2,500,000 : Banl<',‘di.viden_ds~.a‘t six
percent, 420,000; Incidental reécipts, -80,000.
Making an aggregate of.$2.l,500,000.C ' ' _
The annual expenditure, for the same perio"tl,
may be estimated, as follows :, Civil, diplomatic,
and miscellaiieous, $2,000,000 ; . Public .. debt,
5,477,000 ; War department, 5,850,000; Naval’
department, including $1,000,000 for the 'p_ci'ma~
nent increase of the navy, 3.520,000: inaiaing the
aggregate ainount of S16-,747,000—. .. . -' _
The balance of the sinking fund, after paying
the interest ofthe funded debt and providing for
the animal reimbursement ofthe 6 per cent de-
l'e‘rred stock, has not in this estimate been consid-
ered as a charge upon the Treasury before the
year 1825, as theprice of the public stocks pre-
cludes the possibility of purchase within the rates
prescribed by law. ’ V l ~ . . u 1
'l‘his_cstimate is below that which is required
for 1821. but it is believed to be less than tue an-
nual cxpcntliture which will be required \.i~()!"lilC
next four years. Accprding to this estimate, the
means will exceed the iiidispensiblecxpentliture
during that period. $3,253,000. I ‘ ‘ p
After the year -1823,-tlie annual expendit-ui-e
upon the navy will be tliniinislied by :2’, 1,000,000.
The C!\';‘.~el}(ill:Ur.e of the govcrnrneiit, after that
year, including the entire appropriation forgthe
public debt. is estimated at $20,270,000,-vvliich,
after the year I82-1«, would leave auaniiualt-defiicit
ofsamooo. - . «
If this sum should not be met l)y'li_IC’ZlllF.I_ll1l~ill-
crease of revenue, resulting from the increaseiof
p_opulution, during these and sticceetliiig‘ ‘years,
and the increased consumption ‘of foreign arti-
cles resulting therefrom, it may be supplied by a
correspontling reduction in those item,§,_ofexpen-
dlttire, which depend absolutely on the will ol'-the
legislature, unconnected with the existing‘ laws
regulating the permanent expenditure}. ’ ‘ '
. It is, tlierefore, respectfully submitted, that it ‘
is inexpedient to resort, at»this'time,_to 1-he impo-
sition ofadditional taxes ‘upon the community.--:
The condition ofthc currency in several statesof
the Union furnishes strong inducements -io'_ ab-
stain from additional taxation at this time. ' Tire
Obligation Of the government to receive ll1E,J1ot'cs
of the bank of the U. States, withou_t_i1e_l'erence.i'o . '
the place where they are payable, lias.gi.ven_»_ro
them their tiniversal currency. All notes i'ss_u_.ed
south and west of VVashington have, inconse-
quence ofthe state of exchange between these
places and the commercial cities to the east -of
this place, centered-or in those cities. The Bani:
has con,se_q'.i:.-"oily fotiod _it.s_ell'_'constraine(l.,;o di-
rect those branches to refuse to if-.s.llC their notes,
even upon a tlcpnsit. efspecie. The cffectiof these '
causes combined has been the exclus-ion. from cir-
ClIl«'Hl0Uy in all ill!’-‘ —S'i?-tcs SC-Ulll.ttr)(l-Vl'CSi of the
seat of government, ofthc’ ‘notcsiof the Retttk of
In sc'~‘cr.-‘.l of these
states there is no sound pap:-:' cii'culatio'n.» i'.l'<.v‘
re.=.ort to internal taxation, tiorlt-’i' sucli. clrcttim
5l3HCt’5a‘vV"-‘Hill L".-‘ 10 require ofthc citi;-'ens of"those
states what it will be impossible fortlicin'to per-
f0t‘t‘i‘-- VVi‘~€l‘C\‘Ct" paper "E.?ll‘Ctll€tlCS‘ as, iiioticvs
which is not convertible into specie.'it circulates
to the Ci’-.Clll$i0l‘. ‘of specie and of paper which is
convertible into gold and silver coin“ Ir.'alls'uch
places, the payment of direct or internal mm;-. in
specie or in the notes of the U55. Bank, willlbe.
impractlcable.. Prelin‘iltizit'y toa resort of*ln'.cil~.
naltaxzition of any kind,» the ciiarter of tlie»U.-S‘.
Bani: ought to be am:-‘nded so as~t-oi inake the bills
. - 5
of all the L-ll‘:ces‘ol the banlt, except at tlie.ae:~.t of
goveinrnent, receivable onl_v.,,, rim states wt},-_~;-’e .
they are ina:.l-_- payalile, and in the states and ter-
ritorics wlierc no office is established. The cf---
fect of this niotlilicatltiii won-ltl I be to make: the
rioti.-s of the oilices of the U. S. Batik, except the
ollices in this District, local ‘cut-reiicy, which \'tIi”_
centre al'l(.l'C'.‘illl.llltle in the local circulation of the
statesin which they are issued. The notes thus
issued will render the local circulation ofall the
states sound, and furnish to the citizens the nieans,.l=T‘ -
oi discharging tlieir contribution:=. to the gov'¢i'i1’,i" ‘tit
mom. ,
This measure will also place the state t"e»~"
tlons to the south and ‘.\’c51Qf[hj3*(~_i;;;, g,, 3 ,{,Q,-,
eligible situation in relation to the offices of the
_U. S. Bank, by enabling them to adjust their ac-
counts with those ollices hy the exchange (.fn.,[,_.5
il1Slt'.tl(i of liquidating their balances by the pay.
ment of specie. Should it,” however, be jtitigr,-xi
expedient by the legislature to lay :5-'.i(illlO|I.Hi ‘mir-
tbens upon the people, for the purpose ofmeeting’
theexistlng or any probable future (lelicicticv, it
is respectfully submitted that the lmpoi'tation at
"foreign spirits be prohibited ; and that a tlutv up-'
on dumestic spirits equal to the amount of’ that
now collected upon f‘Ol't‘lgll‘Sj)ll‘ll5, and to sucli dc-
liciency, be imposed on the distillation and sale gf
domestic spirits. In any event, a resort to loans,
to the-ex'.t-nt oftho deficiency for the year 182 i,
will be inclispensablc. . ~ ,
Of-~ih'= Wm Of 55390002000 autl'mt'i:r.cd iii’ the
act of the 15th May last, to be i'aise(l byiloan,
§§2,0O0J0OO have been 0f)lail)(’(_l at a premium of
2 per cent uponstocl; bearing.iutet'est_at the rate
of 6 per cent per anuunft, rctlt-cni-.ilile-at the will
ofthe government, and ltO00,oo() at W,-, ,,,,,,,-,
_ stock bearing interest at the rat .2 of5 per cent H--
tlc-.-iiiahlc at any time af‘.-or the first day of Jainia -
t‘,\'a 1333- There is no __iv.st reason to doubt that
any sum‘ \‘.:hich may l)c.t‘.:'.ct_'RS2u'_V to be i-aisctl by
loan, can be obtained upon terms not less farm-a-
blc ; but as it is probable that the surplus of the:
revenue, after satislyiiig all demands upon the
’l‘reasnry, autliorlzcil by existing laws, during the
:0’
Norwalk Chronicler