Decrease third quarter, ls45. :. -. :
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Decrease third quarter, ls45. ....... Sl46,602 60


The expenditures of the government for Is45
will, without doubt exceed those for 1874 seve.
raj millions Of dollars which with the reduced receipts
will leave at the close of the next Session of Congress


very small surplus It is very probable tn an effort
will be made at Washington during the approaching
winter to regulate the receipt and disbursements Of the
government moneys and TO provide for the keeping
OF the surplus revenue and is possible by the time any
new act may be passed egulatng this important branch
Of the government, here will be small balance in
hand as to require very little effort protect There is
at present very little probability Of there being after the
present one is disposed Of surplus derived
from duties on mpotatons The average rate per cent
duty on imports higher than it ever will be again.
and the importation Of foreign manufactures upon which
the rate ofduty ranges very high gradually decreasing
from year to year manufactures improve in
the variety and quality of their fabrics Even under the
present tariff act there is annually steady decrease
the average rate Of duty and should the administration
succeed in modifying the existing act and bring tho rate
down to average Of twelve and ahaf per cent-the
Secretary Of tho Trsasury's standard for ta
r-thsre will be very little chance of any surplus
cumulatng in the public dspostorss, unless revenue
is raised from other sources than from imports The i'm
portaton Of free goods is increasing and the value of
dutiable goods from this time hence will without doubt
except in speculative years. annually decrease and
the revenue from that source of course experience
corresponding decline Our domestic manufactures
increasing much rapidly than the population
demand for consumption. Tho most important articles
Of cotton and woollcn manufacture already make in
large quantities and Of superior quality. The demand
these articles is supplied by domestic manufac


turers and the production Of the finer qualities of goods
made of these materials is steadily increasing. few
years since cities were filled with English printswe
now seelvery few of them, domestic manufactures
have driven them out of the markets The revenue
from the importation Of these fabrics is therefore, lost


The revolution h going on In moussslins do lanes
On article heretofore nAnusoturtd almost exclusively