North Carolina Newspapers

: zx6.ii haliiigh, zi. o. TnunsDAir, r,i Ancn 5, 1033 .. vl. t VOL. HIi VI .fed !' or 'A , Caroline? Oaxtttif "' -LAWRKNCK , I.KMAY.-? ' iptieitrrtnf 1 three StnUnea pr-annii-oi tMR lMy(MMw, ww. whV"r!"j,1 wi m.w-Jw, ! Wilt Kt IM1"" cwiisr-rws i w mt iti; nnw -liii.r'ituiirti.iiii..iiit.e. (ViTitiiT, iw ihflen linrsUiiHiul receipts fnni the riistoms w ill I ,(ttk lo In Kuitnea taiitt h port-pii'l. EXECUTIVE IATHOXAE. MR. CALHOUN'S HEFoitT coxctunrn. :- Let tM now inquire Into the causes Mt'u U may tend to diminish or iii- Vrease ihia estimated receipt, dwriitg r Hp nest seven years, and their pro 5 Stable effertatti the aggregate on the j Inouie fnm Jhe rnstoms. f The only ratiHe, at is believed, Mint Jvvfll tcfidtoTtinitnisti tire ninni.iil,as igrauuai rruuriionoi unr.ieiun every I.. i -it. . . . . T IMnrrua tin Mir wnr i chi. n Jus been maifu. ji win ne hcvii uy etcrrHie to the statement from the Treasury already given, that this eduction last year on an iiiorta. les amounted to 55350,000. It. i.iwever, instead of that amount, the mnortation of such artirlei had been S34al5a.0QQJis iLia, Hsimed they would have been,-had not the de rangment of the currency prevented, lh reduction on account of the one-tentb-would have increased in the game proportion, and would have of ourae, amounted to 975,000. Against tl-is increased redaction, iliere mut be set o if h probable n-adual increase of the . domestic ex " , i. - I ".;'!. l. .I.-... ttirr-! ob c-nwiurTj mm in um iii, s a necessary consequence, a corres- lndtng increase ;stllitimpni ts, fan ... -i . .i r .. iVllli lltein inr rervipi" iroin iiiw v- ni. I f we take the last six years, mm 38tr,34, the last included; the wage annual Increase T domestic xmiits'iiTtfie p"riod is nearly 3.000.000, of which the inciirase ii 1 833 wa8SSr,200.000aud iii 1834 R9.600.000, makinff in tho last two L.ai-a an averaere increase of 83,800,000; thus allowing a much inore rapid increase at the end, than tit the beginning of the series, n to iliis fact e add the effect Which the iff,, r . . . Aef reaserTtf duties under the act ol he 2d March, 1833, must hae on iie expirts, the growing demand fur lie great staple of the country, and he vast amount of fertile and fresh and brought into market, within the aiit fivi Years, iu th legion most langenial to toe grow4i cosiou, s believed that it may be safely s- lumed. t!iat the average annual in- frase of our domestic exports for the ,( 4it seven ear will at least rqnai 86,000,000. sTbia increase must be ilfolloed by a corresponding increase i f JnmporW,"ant-WTItt tinrmf w m'uf Lrtbe recritits front the customs. As- . Lum,.. H.at the nronoi'tioii between fice and dutted articles,tn conse jqnenco oi iun mv""v iwill be as baa been estimated, it will fadd to the receipts from the customs WaniHnU increase of 100000 ll h.rim T which, however, must be deducted 59,OOOTdolari tn. Account of the biennial reduction of one-tenth wbu b would reduce the juf rease ti 941 .000 dollars. U tn be elnc ted from the averge reducti6n ofwne- tenth, as aboe ascertained, we shall have, takioe thewocauses -toget ir -r. the increase of the customs from increased imports, Juia me, urercasr. Irwiaitb-JiliMWalwliww tenth, a decrease of revenue equal to 34.000 dollars annually making in seven years 233,000 dollars., ,t t But it must be taken into the cs timate, that the increase of revenue won increase of exports, is annually iMaco, - w line wie sciiocnon . . a.. " . a 1 ... n or Iheone-ienin is uieumwi iTukias this Into the estimate fhi im t.y-..f ri rnois on account of the Ji .Vreaae, on account of the biennial re l.i..-.r . ai. - :lf ta. tt.. duction of one tenth, will, in the set- n yeara, equal 3,29,500 dollars,' from which take 4S8,0OO dollars, and ' 1t will leave an aggregate increase' UHLiion iti one triiui. in in "v, - ever the .derrease of 3,o60,300 dol- lliia conclusion, -bowever rests ti the assumption, that the prepnr - tion between the free and dutied ar - t if les will remain during the period the same as is estimated for the last yrar, but it is probable that the re. duction of the price or the free art i- rles, in coiiseqoence of the repeal of the duties, will greatly increase ieir i consumption, and of course have a corresponding" effect In reducing the iMiMooijM ine oniiauir arn i ir u Kith them the rcreinta into IheTiea- a eury; - It lit however, bclievrd to be over the former, bf almost lS.OOO,' a safe estimate, that the reduction tif( 000 dollars, a sunr exceeding. " by the rerript from jbisc.aiise will be, nearly 3,000,000 dollars, the whole moTwthanTminteTbaranrrif-b f xrrss of the increase of income from tlifiinrire f XiwrtsMypp Iherff; dtvtiori of. one-tenth hirmtiallv. as br.lmw. Atbt Itmay there. fare--- ,mrfcim"sst!imf1tb'Ff confidence, ., if, q untoward f rut i ! . I ilnfild intervene, (hat -the aversre dollars, the sum which. the rminerre of last yrar ought to have yielded, as has hern shown, under ordinary circumstances. . . ;. .; Your committee will next inquire, what will hi the probable amount of receipts from the public, lands during the period in question. The rer eiptg from that aonrce,' dnriirt the last yearTacrprding ttFa7Mateaient .from tfif Treasury, equalled 5,020,940 dollars. This, however, probajdy greatly exceeds the permanent re- caused, probably, by the great qnau . . . TlMrerrFTifs ofi8S3 rrtualled 3,067,682 dollars, and that of the last four years averaged 3,705,405 dol- ars. If we take into consMiei ation with 4 hesef ac ts , 1 herapid- ttirrrase of our pnpulation; the steady rise in anded proiierty Kenerally; the vast quantity of lands held by the Gov ernment: it is believed -to-be a safe estimate,: that the average annual iri- comc from this source, din ing the pe riod in question, will be at least e qnal to 3,500,000 dollars. Ufthe remaining sources of reve. nue, the bank dividends is the only one that requires notice.. They a- mounted in 1833 to R450,0OO;and it is probable that they will give an c- qual annual income till the expiration of its charter, 1 836; after w Inch lime tbrHillbeaTedwetiofmnvif Fein- come of the Government equal to the annual di v idends: but jLjs ,..believe.d by tfiosc, who are most familiar with the subject, that a retrenchment the ccdlection of the customs, by a reformation of that branch of the administration, may be effected, at least equal to this reduction. It cost the Government, it seems, 1,350,000 dollars to collect 14.222.448 dollars, which is more than equal to nine per centi a rate, con'sidermg the lacility of collecting this branrh of the reve nue, and 1 ho decreased liMluceineiit to elude the duties, in consequence of the giett reduction in the rate of duties, altogether cxtiRVRgant If these calculations should prove correct, the average income of the Government, for tho next seven veai-8, not including incidental UenRT will equal 20,320,000 dolls., making in the whole period, the aggregate sum of 142,240,000 dollars, lo which. f we add the residue of the Govern ment . stock in,; the United , States Bank, amounting to 6,343,400 do) tors, : and wbictr rtrtWt"t,elitttdTTrt th6Trcasuiy at the expiration oLtta charter, and the aurplus in the I rea- sury on the 3 1st of Uecemher last, which, alter denuding 2,uuu,uou dollars will amount to 6,695,981 dollars.it will gie an aggregate snm5f i448,67938t ollarsf-wltif ;di.wao,fjjaLI veraffe annual sum. subject to the disnositinn ef tire-Gnv eminent fe tliernetIsevefrZyIea 21,239,911 dollars. - "Such being the probable average annual i'nconie and means of the Go- erument- for-tlie -ei -enr eiuwttig vears." "the. next nuesih whh h pie- .sculs itsejf for cousideratioti U,m hat ght :ftt thevergeXwil.ie Hir the same nerioiK ... V. ; . " The extieiiditure for the year ! 834, . a r. .1 ........I ..- ..I- as UKen, iroin I'.c npu."! the Secretary of the A reasury, e tioals 19.430,373 dollars, and for the preceding year ia,. a uouars, deducting in blh cases, the fay. ments on acrouiit of the poblic debt. " an Your commit lee are, however.or the 'oiiloion. that these amounts far eX- Vasi1 1ht tvtirht U w Mhctiili- ture, nn a just and economical seal,-; 1 1 .1 it.i If m,v Ii, inv treat I v i-e. nnvj mm n hij r - j n- - : and that If may be very greauy i doced without injury to J he pub service.!, They also arc or ppinin that to this great and vxtrav agu public inion, azaiit ,' expenditure may be attributed, in no small degree, the disease which now threatens so w-rMHitrty-tlnrDoiiy mii jtiC. viTbal a just conception may be ,p practicable under existing ntum, iformed of this extraordinary intanees, conautently , wijh the intent crease, they have annexed a table or exnenditares, from the year 1823 to 1833. deductine the payment on ac - count ol the imblic drtU by which if iMH.rtb.t ir,tl.UT.I,nrtWr nunr in riiff iMimtn iii'iir. 11 t it iiii ii ii ieu years, too raprnrB . ' : ..it.. i.-a. ..:.. from 9.784,000 dollars to 22.7 1 3.0C(T dollars, beihg an excess in the latter at be ouuined from tl.a Treaturr. 1823, exctudingt'as stated, the public debt and Ibis, too, during period prolound peace, when not an event had occurred calculated tojwarraijt "anyHmUSUal enormous increase, the greater part a 9 ' occurred in the last three jeans: in wliich time the expenditure hail risen well account for the present danger ous symptoms. ' '.V' " : Your committee hare tint time to give that minute attention to the ex penditiires, necessary to determine what particular items ran, or ought to be, retrenched; nor do they deem it important, at present, to enter into so laUonoiw an inquiry, even it tuue did not prevent. It is suflicient for their pui'tose to assume, that tho ex penditiirc of 1823 were, at the time, considered ample to meet all the just .. - .. T .. r,..-....mn.'i.l ,l..x. so lar from being a period uistin ,gT""be by naraiinowy, the..then Ad;; ininistration were thought by many ToliTulnsinnTnv accord ingly the object of systematic attack, on account of their supposed extravagance. Assuming then Jhe . - ! - - - ,:r'w2--..i.wa.a.mBTw.'a- ; wa... .....d expenditure of - J.784.0C0 dollars lo,rin th, , f ,h. Wii. ti,at all have been ample at that period, the question wlnclr presents itself is, whai ousrht It to be at present, taking inta consweratioiiL-the -necessity- ol riic"feasca" cxpcndlliiiTs nn " co nueiice or increased population? . ' ' ., . .. Tliey have already shown thai tiie, Government cannot bear a pei ina- nent increase of expenditure, pro-, jiortirt.i to tiic growth or the popula- tion, which may be estunatoJ at a- bout 3 per cent, without an increase of patronage, that jnust,iii.itSipro. gress inevitably prove lajai nr.inc institutions and liberty 01 tne conn- try. tUip4unfle, tlteexiemti. ture, instead of increasing nearly 1 3,000,000 In ten years as it has. ought to have increased much less than three, and ought not, in the o piuion of your committee, to have exceeded 2,000,000 at the farthest. Assuming that sum as a liberal al lowance, and adding it to the expen diture of 1823, w e shall have the sum of 11,784,000 dollars, beyond which l!:e present expenditure ought not to have passed, including the pensions: and, excluding them, 10,012,4 12 dol lars, instead -of-22,7 15,000 dollars, the Bum actually expended. Of the items which compose the present ex-jner best calculated to diHusc a Uoor penditurc, that Tor pensions consti ..foiling asd happy, population over tuled, last year, the sum of 3,S4 1,877 t' vst regions placed under our dollars. Considering the advanced dominion:, a policy; the wisdom t age of the pensioners, there ought to which is best illustrated by the be according fiUhc aiiiiuUy.uUe8.wnderfulattccess w l.icLitJiBs a decrease by deaths of 14 per cent, been accompanied. It is anesseii annually, which, in seven years, tial maxim of this noble and gener .......i.i .i;...J..:ut. tt.n .irnniuHiui A i.n mis Dolicv, that the pri t of public nuuiM ...a. .. from tho nm above men tioned, to 1,040,802 dollars, annual ly. cit ing an annual average rednc I V l " -7 " - " tion. tif ;348;75 dotlawr'"' Wo',,,r reduce the expenditure on pensions, for the ensuing seven years, to an a verage sum of 8,048,000 ddlai-s. Add this sum to 10,012,412 dollars, the sum beyond which thevpresent expenditure ought not to extend,1 ex-, cldiwe4wiwWf-tt4wtFbli have 12,000 it a uonars, as woat mc annual . average expeditui e for the next seven years ought to be. rakeThjsfl 9 1 1 do ars. , w Inch, ; a has been shown, will bo the pi obahle average annual means of the Uuveriimeiit tor theBameprriod,- and it wrould lea vie 9,179.499 dollars; or, in ronnn nntn. beta, for jjie ?arHU 9,0000v3.the; rityfrago" iir)l means, during the period, at the dis position of the Government the supposition that thes expeudifures will bo reduced to the economical wants of the Government. " " '.-.1 a l...a, u li.) 1 m ill lr- til -"a .. . ? - .;-'.,..:' r-.i:i.i proJbaniesuruus rev enue, hoooio nir exneiidituie be reduced to Its proper I : . ... ihiits. the coininiitee propose uvxy o riMiaSderit w bet lirr' tjndr rrxrhtTng r ir- rmisi fumstaiices the revenue taHbcr ie duced. "fea- A i "'The twa great soorcM of revenae are iatnW'and tnstom.H;Th ethers noi Including the pof uffice, which i par tit uUr fund) are of small amount, Af trr a careful investigation,, jour-om mitiee are of opinion, that lh act of 2d March; 1833, ha reduced ihe-dutie n ... J : . i mm evrenl l.,n. a lar " I III WS f . ' " , ... a orts, with - aome eseepnon, as ir .sod spirit Me act sv . Jtue price or ns :iniis, w frniaw I , ' The act provides, among other thing,,,,, j, a greater nr leu d' gree, 1 Ihsfr after the 31t day i.f Decern b rfc IWU", TSilrVr .W - a. - a - . one- irnin p-,t v v ---, . 1 .l .eitlic-d, ,nd in like manner one ' . m lhr 31., f JLVbf tn h.t on ihe 3M Sldue Ol SUCh exces SbaU De UCUUCICU; inI on the 30th of Jane, 1842, the ren due Ic,ato provide that, um) the 30 h'Jane,' 1342 Jhe duties ininoieij by lWliren"etunTw thill remain on chingetl, except a provided iu the 6th lection. ,. . Your committee dfli not deem it he ceistry to inquire whether the circuin TttocVf unitfrhTchTt7p7d,lnvolv iny thin j in the nature of a pledge or contract, which, would forbid any aJte ration of its provision. It ii nulticient fWact rte-resoft-nf -a-roitipriind' .1... . : . . L - ..I a ' a . . ..1 between jjreal lectionsl intereis. bio't into conflict under virumstancet which ihrratened the peace and safety of tht country; and that it continue to be the only rround on which the ili'itmnt of the controversy can stand, Under these circumstance, to disregard the provisions tot the act would be to open I AH! ("tiveriy " which your corartiinee hope j ttoted forever; a cnutrivery. which, if renewed, would do more ( Increase the pauer and iotl ience of ihr Kjeeutive than any ' other4vfnt.tht cnuM occur. With tho iinp enjiun. not oa disiuroeu wimout enangi-ring the peace of the country, and ad .line lrea tlyTBy TT4 conVeq u eWvWrTSJ limited their inqtiries to the reduction of the dutie en ucn articles. ov me provisions of the act ar nutject to be rajl iw a,l . .nil mitMm. . ...11 .aft wa . -ar the reduction which can be tflfocted contistedllv with the u.rit4f the com 'promise are inconsiderable, and that to fMhetvo4e that iwsh matte,-swni hi pefmt it to be done at ttn seion, : .a.. h. a raM thai la.! - 'i'"" ' ;v : V" oecre,.ry , ,o- S1J. 5tL.VVl infurn;liort ,t' the nex( ,hey h : , . d the,r chairman to ub- mit a resolution for the consideration ol the Senate, -4 kA(-4lie'8Vei'irry the Ireaaury to report, at the com mencemenl of the next esion, what liBkfiiKiJap but. with a due regard to the manu fictO dm - in teretta of the country , be repealed or reduced, with an eatnnite of the probable amount ol leducuuu In turning from the customs to the public. lands, your- committee find that the dificulty of reducing the rev. enue from that source is not less con side! able than that from the customs. They fully agree iu that liberal pol icy in relation to the public lands, that regards them as the means of settlement, as well as. a jourccof revenue; -and that they-should be uisp'wed of accordingly, in tlieinanr . w - I . - - .lands should be fixed so low as lo toe accessible to the great mass of the citizens, and at the same time bo Mdi asiiiit t anbjecrthen tii lbe monopoly f the great capitalist if the country. I our ciiinimttee are oi opinlon?.thaf; this, hapjiy medium is attained by.-? (be present pricei and. judging,, from' many indications of late, no coiiMideraule reduction ran beaiadei4lMpcewitlf.HitnvkTtrg them the prey or hungry and vnro- c.ious specuiautrs mm inoiiupHiin, to the. great . Injury ' of the honest antVlhdustriottportHHt-vf tUemn? munity, as well as to' the jHirtlon of the country where the lauds niay.ue situated fd. Be this, however, as it. ir rat least rrrt ami that the diate effect of reduction would mayi i in tne be to increase, rather Jhaii Jimli.Lsh course t augment instead ; of re ducing the public iucomc.- a. fcTo this may be" added anntiier, and, under, hrdinary circumstances; conclusive objection against there duction. '."The reduction at' Uf price of public "lands, w bile jt" wjiytd act; in, tfcct as a bounty t the put ... -a, l ii-liasers f roin. n L v.tt'-v'JMn. urr"'l jablingliieiil JoTaiiire joriiaoI jfr4 the aamt attm l money, would ncl nt the same lime s a tax upon the entire body oi laud holders who foil -stltute'the great mass of ourpopula i nili !; t a x. j n theiii 1 in in easu rab I y greater, than the boftnty f the "piu chasers. Government of tu .iJuited , , -. ., ' ,1 ' . . ; nv " -- aiaies is, jii i i, sue .vn r ;ieroi tne countey, ami, as hm. o. iion the powers bjr raUmg r,retluciiig e oflands every where and, mlrl in f 1i kiiiiiil ifrt. in "' t m . puwi v .,.,,10.i,n througbout4 Ibe 8 UnionV T wliat any given ' refl. .rt.on ,n ue price r?p,.bl.cnHuds may affect the UllUiun, n nwi ioij.u-..v ... . It would be greater or less, accord iiiff ',.1 '.. the -circumstances. Tlie pricn uf land in t he adjacvut port im of lbs country, or that from which emigration prini'ipslty flowed, would be reilticed nearly trt the aam pri. portion with that of the' public lands: ttratfc.if HitJWrf'F itp".tliTrcrian(rsbe redurrd nne-hntf, lauds' adjacent, or lying in the emigrating pott ion, of a,..-- !'l , .. mo, countryifWoni.1 - generally tan wbiiM bess'" aifecTed 1 9j protwHion -f.,-.- to disfiiuce and tho Hbsem of emi gratioii.ti l . sr.rA5f- ' Hut,; it may be aMy 'assumed, takings the whole country, "thrtt the actual fall in' the value of Uudsgcne rally. In the bands of the holders, would greatly exceeif the actual Ye ilponf -the prtce of publkjaud. To illustrate: if the jii U-e of the at ter be" reduced otie-half,, which at jirescnt would he sixty-two and one. jialf cents'per acre, t lands generally througliout the couutry would be re. than that sum; and, if tbe far rreat- jXqjianjjty held by the v wind body! oi una proprietor. rmnpiTu htMWttnmitiy-4lo Government, be taken intoltlKi estimate, some idea may be formed how great the aggre. , itate4oHsof the propi'ietrrgeral- ly, would be, on any reduction of price, compared with the kggtrgate gain of the purchasers, . As great, however, as it must he, none, who I K.MO WIImL. public Jpu a aua euligut eucd patriotism of that great and re spectable portion of our citizens, can doubt 4keir t heerfolafquiesceiice in thesaccifice, altonld Ihe public Inte rest, or the fundamental ' maxim, which ought to govern in the 'dispo sition of the public lands, require it, but, otherwise, it vvould be a.plaiu "and-pHTpab that the largest portion of the com jn unit v. to t hetrt herr-wi t ho ulTTnF-" tliis j iewit is 4iot the intention l your coinunttee to.offcr any opinion on the propriety of a graduated re d uct ion. aa- umeasure -Jttz ge ueral policy, in the price of such lands a have remained long in .the market unsold, and of which there is no im mediate prospect tr making sale at the present price, berause r their inferior qualitylheir case is dis. tinguishable from that of the great body" iif the public glandsbecause the immediate cITeru or miCli reituc I ion would ob v iousl y'be lo raise iii stead of reducing the revenm, and would of course increase instead id' diminishing the difficulty under curt sideratinn. .u-,ty Having now shown that no oilier redaction or the revenue, ran be ei feeted under-existittgrimtmstances than the progressive reduction al readj provided for by" the act'of 2d March, 1833, in either of, tlie great sources of our public iticotiu', with the exceptions already stated, your CommtUee,wiu , tiext. proceed lo u. quirevv :liethcr; executive paliouage can bo reduced by rrduciug tne rxs penditures .of the Government - .The result or their investigation on tWs points is, that t fori reasons, which will herrafter be oflVrel, a re duction of "expenditure,; nnderexR jng cTrciinisifanceii, would tend to In- crease, iiisreau oi mjucing iisxecu- ttver patroliage 'IJnt.ttr it rie i flier lset-lL " .aAfcte&rtHfrMlfrty TirpWncabler'f.r itreasivnslipdy assigned, to reiince uie exiH-nuuure lunch below the incoinev Expei iem e hnn 8bdaiity pmved. that a Jorg ;,H;rflFi, Jara:tttriiiaH7(iM: XiTasurv4- tbe'.iiiterrsta,iii favor M t-xpeitdi tnrew il ajwiattwnger tUa tlnww'WpfwWeit t ft fttHMhat nrt prudential tonsideralion;f arising from the" neressityhf ,'acfnmurating ruritls to meet luturevvuht! .nfvjttie (iitiarilof eiilifgih ronageVor 'llie i danger , of foirupting the mdilical arid public hiorals' if the cu'iuttyuaetessuilp, pciidituie.jir, any ,itber whatever, ' ! . . - a. a. a . a 1 ire.aulucieui in resisi intj irmpiauon toexprwl.ii-ipt-wt aeite f -If ime Hnwjii thy object of "appnw prlatiou is- defeated, .another, with nn greater claims wii tins' fni"blic bouni ty or justice, 'will ever atanrf ready to urge ita claims, till the frugal and patriotic are; wfaried out;' with ; lit feasant "and useless efforts "to guard the Treasury,' Hut vvn o it practi- cablej wttli an iovciUowiiig .ijreasa. 'It IM.,"S ! i VM,'OUII U V9 110,'. in i proper .k limit sr , ftocli Js the present condition of things, t but lo reduce expenduureft Vvoiiii, as uas been -stated,, increase - the (iHlruage of the Executive.and that lo aicex- tent su great, thatimr object or fX jienditnre ean be uggested, havings planSible 'riaiiH'fi 'l!iapi!Irfr,m'of pOU III V "I V jiiiuiii , nuii ji niiiii'i lend lialf sn .much to increase vhls patrnunge,' a4 (laving th public ino- ney unexpended tn accumulate, 'as surplus revenue,- in Jhe Drposite Uanks.--:- t-'-s''' ;--", T realize the truthoihis re marlJtniustbeburuo in mind, that - the flepositcs are undertlm cxrlusive itf-- bey j- arj deposited in ianks selected by film that they bave jhe free ussj of . theiA . withoutotnpeHsation: ,toi llbe public, and tlwyiHiy- becontinuesi"-- (Pittliu funds, at the pleasure of the lixwutirtitii. th' - With these faHsbef ife ns, the rip. nit must be Vibvious. JTo acebmu- late a tiertnauent atinduH rtvenue in the hanks, is.ln frt. hiit(oadJio . itai. in this rase, exclusively under FTxecntive control, without check of limitation; and wild its increasing nmoutiif uauy gvg io nun a great. , rr rontrol over the Drposite Uanks, nd, throngI- tkem, stiver the' bank iug iostilulious of the conntry.'rene. spread intliieixrof the banks to the lrely almost" overwluliningiat-, riiju tit iiivr iasecoiive. -Av-the-expsniHtniirTTHnTOtbr( ddced, the next Inquiry is, wliellier some object if' ereucral ulilitv. In as a fix:d and periaaneHt,aiibject which to ex;K!tid , the surplus reve nue, ,.. jjij!-' Your committ -sd" 1 4 ht if - - an object of expenditure could be ie' lected, under a well reitulate'd yslcm of dibortf men ta, etabhhed - by law, muvh of the pjtioiage, incident to the preen t "loose and ooreirwl lied disbur- meoi, might be turt-iled. but ibey ara. at a loss to find such an oliject.,' Inter pal improvement appritachet the near, estrbot 1lwe is opposetl vn ttrwith 1h7"" njjuct tnview;, inttmaVle-id)ectioiH-. ropata by the lormuLuue-jdUncuflyr? the inns; etahlihed diversity of opinion is'to itaeonsHtunoMUtywhichdividea- einerienee ha showft" that iherg i na expenditure so little susceptible nf be tog regulated by -law) nn caicmatea to excite deeper.rmnpeii ion, er to fnV , list a greater, nurnbor In its, lavor, in proportion to the amount eipended; andof coune, cklculaied fo add more to Ktecutive patronage. , To these, aa . additional objection of a recent origin , may be added., Yuar rummitt allude to the Kierutive veto, as applied to in-" ternal improvements, the effect of whUh has been to increate veiy cuntiderably . .. nis power sou patronage in jeiercnca ia i this branch of rxpendiiure. i,TheEe . CUtive, to his Veto Message, mumes the ground, that internal improvements may, or may not, be conatituiiooal, ac ' fording to each' particular ohjec'l the f - distinction lobe determined or him in tha vt exercise of his constitutional function.! of giylffg'of tPdiotdinj;1i approvsT .lo , ',, ' act of Cnnsreist the practical rffect of wnicn. Is IO oraw minm jp eimiuui tn power and influence, which spprrtain, not only to the ad minis! ration, bat 1- f n to the enactment of the lw; and, of - course, tn increase jivthe latne degree,,,,,,- his induence and patronage, ia rfjr- incii to internal ImproVemeht',, .. i- ln making theie rrmaikt, the object j -of your comuuttee I hot to call in que- lion the motive of the Everytive, or his right to" draw what distinction ha I mayjliink just ld right in ' the exe? (isie of his Veto power, ur t.he correct ness of the distinctions in reference In 1U parilcoUr ohjer.f u oder f onidertt-- - ... 1 '. a : t . . 'L.I.Ik .L-'a- II ' lion; nui s mpi j i emo:i uie iuh r-.. ffot of the objection in "nelectinff Ir Us the auject on a hiclt to eiprnd the aurf pluC reVrnue -'if.J'-Ctwiliif, iirihrir ha fure.'incspible ol b-ing wholly remov- td. even by an liu'endoient tif the Coh? MiTutiouv were so iinehdineulpraitica" ble. ttut.v t hd su'iject of expenditure tiaVbS "selecl ell, on" wlilili Ibe' irplu t M ean ' brf safidy exjoriided and, if' nel- .1... S. . aa.aaa ... aM.lulllfl.. t'.aH t under existingefrf omstancea; be re Huceit; the next inquiry i what, is tw be done witH the surplus; which, a 'has " been shown, 'will probably1' equal, "on in average, foe the "next eighl years, the W of 9 000 000 dollar" kerno-l f ttreJofwnfs' f the Governmeni m urplus or which, unlet some saU disposition can 'be' made, all othrr means ot reducing patronage oi in 5Kecui5C"nut pmve inefleciual, -' j Yur CoinmiMee are fdeeplyi enilife,,i f the great difliculir "f finding sny at isfaet ty solution of this question; buf believing, that the very sxistenre f oar' institationsand T with' them the liberty' of ' reuntry, aay depend nn theuerea tf Iheir invest tustiiol, ih-y . kave feearefu11f' '-eiplored the ho- ffoso'ilund Hie result of tHeir itujir i. 1ljf but nne' mean has ocruned to thenl, holding out any reasonable jw peet of aeCeess.'. A few preliminary remarks wilt b' neceSaafy to - vxp'aitll heir views, -i ( - V Jt ' Ainidst'alf ili.lifli 'ultiesof our "it-" titi.lher is one jrnnsolation, "tK.t' the danger Mm Kt'erutive purniKge, is 'far a it depends oo eces of rev jiue; mUt I"" temporary,5 An-'imir g that the at f 2d M uch. 183:V will be Mt l'4 Sce hh 'fase.y . '