In aid of these objects, and to satisfy the current
expenditures of the ensuing year, it is estimated that there will
be received from various sources twenty millions more in 1836.
Should Congress make new appropriations in conformity with the estimates
which will be submitted from the proper Departments, amounting to about
twenty-four millions, still the available surplus at the close of the
next year, after deducting all unexpended appropriations, will probably
not be less than six millions. This sum can, in my judgment, be now
usefully applied to proposed improvements in our navy-yards, and to new
national works which are not enumerated in the present estimates or
to the more rapid completion of those already begun. Either would be
constitutional and useful, and would render unnecessary any attempt
in our present peculiar condition to divide the surplus revenue or to
reduce it any faster than will be effected by the existing laws. In
any event, as the annual report from the Secretary of the Treasury will
enter into details, shewing the probability of some decrease in the
revenue during the next seven years and a very considerable deduction in
1842, it is not recommended that Congress should undertake to modify the
present tariff so as to disturb the principles on which the compromise
act was passed.
Pages:
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383