Report From the Secretary of the Treasury On the Finances
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The introduction of steam in voyages across the Atlantic, besides the great revolution it must produce in other respects, will so expedite orders and imports, as to produce a sensible departure from the former more uni- form periods of laying in stocks of certain kinds of merchandise in advance, and must thus add to the irregulariiy in our receipts from imports, as well as to the uncertainty in previously estimating their amount.
The practice of incurring expenses in certain cases, sometimes le...gisla- tive, and sometimes military, or of a different character, in anticipation of appropriations, and occasioned by unexpected necessities or unusual de- lays, seems to be increasing. It augments the risk of a temporary defi- ciency, because large sums thus become payable in a mass, and forthwith from the Treasury, when most of the members of Congress, at the time of 13 [2] making the appropriation?, expect that the burden will bespread somewhat equally over the whole of the ensuing year.
Why then should not a constant safeguard, or some permanent remedy under such irregularities, be provided ?
What to read after Report From the Secretary of the Treasury On the Finances?
You can find similar books in the "Read Also" column, or choose other free books by United States. Dept. of the Treasury to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The introduction of steam in voyages across the Atlantic, besides the great revolution it must produce in other respects, will so expedite orders and imports, as to produce a sensible departure from the former more uni- form periods of laying in stocks of certain kinds of merchandise in advance, and must thus add to the irregulariiy in our receipts from imports, as well as to the uncertainty in previously estimating their amount.
The practice of incurring expenses in certain cases, sometimes le...gisla- tive, and sometimes military, or of a different character, in anticipation of appropriations, and occasioned by unexpected necessities or unusual de- lays, seems to be increasing. It augments the risk of a temporary defi- ciency, because large sums thus become payable in a mass, and forthwith from the Treasury, when most of the members of Congress, at the time of 13 [2] making the appropriation?, expect that the burden will bespread somewhat equally over the whole of the ensuing year.
Why then should not a constant safeguard, or some permanent remedy under such irregularities, be provided ?
What to read after Report From the Secretary of the Treasury On the Finances?
You can find similar books in the "Read Also" column, or choose other free books by United States. Dept. of the Treasury to read onlineMoreLess
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