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10 ————— with large expenditures for schools, roads, and oth matters mith which the local governments Cases can be cited im fee oven now falls Dus lit ere property : Prov dg for the several © u ey neers "tae whole receipts derived from it; Durden in overy case becoming more an more with every step in the direction of appreciation the ourreney a justice end wise policy, therefor demand that the National government should not now ‘ures calowlaied to maintain or increase protracti ‘barged, would, it 4s believed, pacer as “the power of contributing revenue increases almost pecneelly s the activily the societary circulation iucreases arithmetically.”” ‘Looking to the past, thas wi four years, our production twice as rapidly, or to qui uired for the dj tho future, im view of this fact, wo have reason to ten years ile our tem millions of dollars 1875, at least double amount In cont ion of these views, the Commission would refer $e he espepeee. or Great Britain, whose reve- =a ope in. Shots porto’ of somone years (from 1842 to increased GO fagg OMy Eteoe Or deating the oo — _$240.000,000, the wit same period of one thousand one hundred ond nineteen ‘out of one thousand one hundred and sixty-three arti- cles that had beon previoualy subject to impost duties, ‘The more completely, pions, that we now close our 8 to the existence of the principal of our debt, and the more wo give our attent to tho adoption of mea- sures tending to increase the productive power of tho country, and to reduce the rate of interest payable on ublic and private liabilities, the more rapidly will be the crease in the money value of the landed property of the Union, the more readily will all the local taxes be id, boast debt, local and general, whether held at home. or ebroad, has been once again extinguished. ‘THE RECIPROCITY TREATY, In accordance with the resolutions of Congress and the notification of the Executive, the commercial arrange- ment known as the ‘Reciprocity Treaty,” under wh! the trade aud commergp between the United Siates and the British pro important commercial arrangement is y the revenue, as weil as upon the i the United States, has legitimate- he dues devolving upon the Com- abo been especially commended to the Seere:ary of the Treasary. The 4, however, propose to present in this oview of the history of the treaty, or of which, in the opinion oi termination e: ‘crimed Comuission do connection a: the cireum: H. Derby, Esq., of Boston, to W report the ion wouid refer, without, Ther are, howe subject, lo whic! tention. ‘Tho first of thes é 4 ican provinces, has increased in ten yea: Liree fold, or from gevente@m millions in 1882, y-ceight 1) 1864; 50 that at present, with theexception of tain, the commercial relat:ons United States and the British North American provinces outramk im importance and aggregate an annual value, those oxist- ing between this cuvntry aud any other foreign state. it may also, thcy think, be fairly assumed taking into consideration the growth of the two countries in Population and wealth (that of Canada for the last ten years having preéervod a nearly equal ratio in this re- spect with that of the United States), the trade as at femmes existing is rcally but in its intancy, and that the ‘uture may beexpected to develop an increase equally @s great as that of the A change {n the conditions under which a reciprocal pene ote, ‘such magnitade wk carted on, and is now veloping, ought H to be made without the = sorious cousiderilon. ii 16 present treaty, ¢! mmission, as the reoult of tucte in have been led to the con- clus'on that its continuance under existing cireuinstances, ‘unicas accompanied with certain imporiant modifications, 4s not desirable on the of the United States. They, however, are also unanimous in the opinion that, in view of the close — connection of the United States with the Brit provi ring them in many respects bat one country—and of the mag- aitude of the commercial relations existing between thom, it would be iImpolitic and to the detriment of the inter. este of the United States to decline the consideration of all propositions looking to tho re-establshment of some fatute and satisfactory international comme: arrangement. Such a course would be in entire opposi- tion to the spirit of the age, the liberality of our people and an paiieg of ly dev OUF resources as & moans of diminising the but our — debt. In view of such an arrangementy whether either of the parties to treaty or has Bot conformed to the spirit of its atipulations, is of little . It ta the futare, not the that we are to consider ; and if advaniageous terms the futare are offored—terms which are calculated to devote the de- volopment of the trade and commerce of the United States, encourage good Satine eal Prevent difficuitics with our noigh! and at the same time protect the revenues of ibe country from serious and increasing frauds—it would bo, in the opinion of the Comm! ‘most iti to dik them. The X provincial authorities two en arrangement that inasmuch as it is evident EE ae ETT een mee, Sch condane toa bow Tt is ovideut the necessities of the United States will for many yeurs require the bane on of high rates. of taxi on tutty articles, and that with the produe- tion of such articles, tree or assessed at low rates of daty fm the British Proviaces, the enforcement of the excise laws on the borders will be a matter of no little diMiculty, annoyaucs and expense; and under all ordinary 1. 7 perience of all tho natious of Kurope has shown that to attempt to wholly prevent amuggliv under the encou! it of hb is ap utter ‘impossibility. can bo mado equalization of duttes—excise and be apparent that all evasions of the revenue lawa by jlers would come to an end; and that the of A vantage to the United States in # revenue point of view. Again, {t is aloo urged that under the existing system the products of American industry subject to high rates of oxecine, aro injuriously brought into compctition with similar products of provincial lustry, which are sub- jected to little or no excise, and admitted into United tates free of duty. That sach 1s the cannot be denied, and. is iteolf reason why the —_ or ey ne present rociprocit; become But if tt were 10 offtot an ‘errangennent with the British vm0es as would allow the imposition of duties equiva- lent to the American on all articles of provincial production passing into the United States, it seems clear that the aforementtoned objection would be entirely re- however, is now before do not consider it as l He on and a it should bo, Im proof of this. th opinion of the late Commissioner, concurred in the. Pa now stands could be fully and © receipts. would not fall: short of num; or, in other words, that: a.compl ton of the law rea ‘bg equivalent to wiping gut more than one-half of the excise (ax from the statute book. If we admit the truth of this statement, even in an ap- proximate degree, the Commission might here rest ther urgumeut in favor of the neceasity of reorganiza- tion, ,Ibey will, howevor, briefly call attontion to some of thd leading imiperfections of the present syatem. One of the most prominent of these is a lack of power und guihority in this department: to control itself, espe- iaily in the matter of expenditures. Jn regard to this latter, the Jaw ilself allows but Lttlo diserotion, and what litle there is is veated in officers of the ireasury De- partment, who, although they may be the most faithful And vigilint guardians of the public moneys, have Litto oF no experience in connection with the collection of the internal revenue, or practical knowledge of its work- ings. It, therefore, undoubtedly often happens that in an honest desire to prevent the waste of public money, a small sum may be saved at an expense of one of much Greator magmiude, ‘Thus, as illustrations of this character brought to tho notice of t smission, they might cite cases where vigilant ofiicera, who bave devised plans at slight ex. ense for simplifying returns or detecting fraud, have een obliged, after the government haa adopted their recommendations and been “benefited by their sorvices, to have the small expenditures thus incurred deducted from salaries—a course equivalent, in fact, to offering & premium for continued ineiliciency and want of method. Again, oilicers who have beon de- tailed on special serv! and have performed such service, bringing back nds of dollars to the Treasury, have thoir accounts for small expendi- tores, even when, approved the Commiss'oner, dis- allowed or reduced by the auditing officers. Tho Com- ission, would. oe nth be understood as intcnding to censure ‘but they would say that they interest of the governmont.or the country to allow the revenue to be curtailed of ita usefulness, cither by reason such laws or by any special inte! placed upon them. Another cause Hid Ha < ? i i ie eviously been subjected Koise, . woe ‘and com if iH fi i F i ue i. i GF 2 BF diatribation organization of the Gad it diffoult to de- provision. But an imperfection in our whole revenue more serious and radical than any yet adverted to, whieh affects alike both the customs and the excise, is that of Cy Ca Pits a due regard irown and one entively ignored all ane Mearation of the i i i g & FS aiji i if #f iff mi Ft i é i wd Fig i i Looe every in¢idual in the country to chnected with either public teresia; “and usage demand that, in all ingtances, a nature Bhouls 56 given, fresont upon the time and the ity ary wholly inconsistent with } sideration of thowe. gre of fi to his decision, upon the wise dotermnpipn of the future welfare of the nation is inovitaly dependent. To impose, therefore, any subordinate anjtrivial dutios on this great officer of State is both to dopado his office aud to itnporil the financial interests of thicountry. The business of the Treasury Departmo}, as at pre- sent constituted, may be classified under tee heats: — Bust—The tidn of the revenue. ‘Sccondiy—Phe supervision of its expenturcs; and Thirdy—The management of the public pbt and the naifonal currency. ‘Tho Commission would soggest that the the collection of the. raven wansfer immediate responsibility of the Sectolary pf the ‘Trea- sury, aud, subject only to bis general sustvision, be Placed undor the charge of a new office! subordinate only in rank @nd in amount of salary to Secretary, who shall be styled the “Under Secret if the Trea- sury in Charge of the Revenue;” and that > this officer should be assigned tho gencral oversight ay direction of the curiection of the revenues, and ion of ap annual oxbibit of the condition of the ‘raenue, trade, commerce and industry of the country, | If it wore also allowed to tho Sccretary’at Under Sec- rotary of the Treagury to participate, on thd fioer of the House of Reprosentativest,in all debates om tvenue ques- tions, the business of legislation might,’probably, be { {n connes- greatly facilitated. he of o r hero tnayestonas Tho Commission would also misgioner tion with this. new & Commissioner of the’ Exci of these— from the should bo appointed a G man. ail rule and atioiions rein to yeveneei ee expenditures to bo same; the management Jaw, and the distribution of all m tures. and ponaitios, in reward for valuable infurmation. ‘no subordinate oflcer of the revenue commission until his qualificatoos for propor di charge of hie duties had been examined fnto and ap- provod of by the Board of. Commussoners: | In the departments of the Commies onets of Crstoms and Kxcine they would further proyose the leading sources of rqvenue be reoogaizht us siow Of tho revenue, aad that thegame be placbd in charg: of an oflicer, to whoa: tho incentive ef a permanevt posi anda salary be offered as an Ind it the attalamentof a. : ) with, aad efficient Tf Congress should conour in the opinion. that a reor- ‘expedient, the Gumi sdaoudd be made as son ‘Luboroal Kesonue ney amd a Mar. dos thny or Cory yrars awkward system ol nance in that country at the com nt contury with the ‘knlowledged to be one af, the: ‘best, in Europe. Tt ought atso to.besbeene in tnind 0 revenue by stem, in its detal's, eanor gesht-to be potent ‘The Comm! foe! cortaia that such iavor, properly executed, would be of imracnse service, if not indapea- sable, to Congress & a ‘The discharge of such service, however, does not to properly devolve upon whom ‘should assigned the duty of oxaminlig: rather than of preparing material aud Fire —A form of bill aathorizing the Secretary of the Treasury to appoint im such one or more, collect) districts an he docm advisable “Solicitors of FReveows,” who shall discharge the duties now devol¥: on United States District Attornoys, in all cases to frauds or of the revenue laws. The Commission believe that the exp rience of the last three years ia the administration of the | revenue warrants the adoption of such a mea ure. the Licitieh aystem ‘thig pian tas been found ta very advanta (eounly. Pen ry form of bill Kite 2 the a Trensury to appoint known scr taMeveute, whe: esal | f H Hi i i Pe Hi fF ; i i t 5 & fue inl i fae siiteh fe ge | Pe, Per. Contage dred and Thisty Peay pte mes “OBITUARY. Dr. Hiiphalet Nott, President of Union College. Elipbatet Nott, Dy D., President of Union College, died at Schenactady, N. ¥., at three o'clock yesterday morn- ing, aged nearly ninety-three years, He was older than that not less eventful one of the Revolution. President Nott was born, of English descent, at Ashford, Conneoticut, on the 28th of June, 1773, His parentage, though bumble, is said to bave been marked by strong ¢ ‘and of- a masare to rear the son in the di- ‘tatuene fouehatel im pitty noe of their influ ri him were galutary, Aten ‘early poriod of his lifea burning and unconquerable thirst for knowledge began to develop itself, and he was much and constantly exercised how, he should gratify it at ono under his ciroumatances of boing parentiens and almost unspeakably poor. One day while toiliug upon the farm and ruminating apon the probabilities of his over attaining the statare of a learned man, end fully determining to make a start in this praiseworthy direo- tion at ro distant moment, on looking up he noticed the physician of the neighborhood passing by the field in which he was Iaboring, At once throwing by his imple- ') ment of labor he followed to. the residence of the.phy- troy Won, of aay ta ee of on gross Se | ‘3 BasTerANy Koop rem siete pecrisions, and noootn ‘0 orade ite provisions: the lirge hundred und (riy shooninkare who do. pag ines areundersold and their vanes 4 ruined by the tee! ftundred and seventy who ovade it; and tax has boon tried In Kogland and France, am abolished aa oppressive and im sons that we wl preeent; and whereas wo bellevo our ho longer, agama. experience anit tho ey ntinge a fax which cannot be en ry Fone OF those who are Uublo, und those who assiat Lo main- goresamen ive $90 benefit - fo reclag ew not; eI s, the object of Congress ia w Tmposaibillty of entoreing te 8 ey ial la, (othe ms pa; It wrefore, isfy oo FAL we will use all. onr oettions to prosent be- facts which justify a Fepeal of the pre- r cent on boot and :.v0es, ‘re in favor sect all ths donot; cannot be a fo eaga tory ‘and pany be ly; because | green requires Infurmatian to enable Wt lo aot More equitable to us qnd-productiveto to hav wed) and by, wine receive, will compel ai to pay iam ust propor moan! . Resolved, That governmott requites ali, the revenue it ie defrauded cot ite en to rid the uation i y 1. to Safed te roputaiion for power fopont se tie Totornal ue Com: recommen ain tax attor ail the fors- lag fesse rere iadde-betere foam, stnios ond belt thst Commission, and hairmas vy especially to thelr thoy be texan fn iuveotigag Of tie gnevaaccs we L . The td sician and sought admission to his office as s student He was not gratified eo far as to gain permission to a seat in the medical. studio; novertheless the physician imparted to him mutch exocliont advice in regard to the ‘acquisition of knowledge. Soon after this event, acting, it is presumed, upon the advice of his medical friend, ho left Ashford. and. went to Franklin, Conneoticut, where he was cordially and hospitably received into the family of hig eldost brother, the Rev. Samuel Nott, D. D., pastor Of the Congregational church of tho village, who will. be remembered as a learned man, having by solf-oultura acquired a profourid theological, scientific api. olassioal knowledge, which won for him an extended fame, and who died come yoars since from the oifects of an accidental burning. His brother Samuel indoctrinated the young aspirant for knowledge with the rudiments of the Latin and Greek classics, Prosident Nott in early life taught a country school, partly for the purpose of familiarizing himself with the duties of pedagogue, and partly to gain money wherewith to meot his narrow expenses, His frst acquirement was the art of discipline—regular, severe and unremitiing discipline—a habit which throughout his whole career naan educator became a matked eloment of his charac- tor. Seventeen years of age found him in charge ofa choot at Plainfleld, Connecticut, and still plodding eagerly on in the industrial pursuit of knowledge, os tho game time no less edticating his mind than softeniyg and refining his character. At Plainfield he becamo intimately ‘Acquainted with the family of the Rov. Dr. Joo! Benedict, in which be resided during his sojourn in that primitive village, Under tno, teachings of this leaned getttloman the young:student made commendable progress tn the. ology and all the kindred ‘branches illustrauve of the nacrod solence. For two years af this period of his life ho was a most uncommonly diligent student, prolonging his {avestigations far into the night, without once seem- tng to dy ablo to find time for & momont’s relaxation, <9 and unrelenting dovotion to study wes for- tunately enconcaged by a robust constitution, which soomod to thrivd-snder the weight of the movial and physioal labor imposed’ won It. The conspicuousness of tho result will'be regdily soec When we state that at the ae, s” as Eee stie seloet feeiteed 5, be pI ut great joy to the alumnl, whe assombled in full foreo at the college in July, 1854, o aibly to the fiftieth bon Mrdyer f of presidency, but roally to put the seal of their aes upon the result of tho ordcal through which ir be- loved instructor had passed, and out of which triumphantly emerged, Thi and invostiga- tion was by the enomies of Dr. fott with acrimoniousn: iesrakoeg involved not or, Lieutenan’ crotary and cera, but algo President vai sare? 80 Frow period age dt nineteen years, without jaring passed through it b tha formalitionof a college @arrictitm of study, tho University ef Brown, at Providence, Rhode Island, conferred upem him the ders of Master. of Arts ad cundem—s teolimenial of studont-standing whiod in those days carried with’ it the conviction of acquité- ments gained only after. the oxoroiso of commanding natural talents, aided by profound industry, rare insight and © mostcourageous application. Afvor receiving his dogree inthe arts, young Nott immediately entered with renpwed zealousness upon the study of theology, having arrived at hus foal determinauoe to it aga calling. Ak the age of twonty-two hie will Uodnsed to preach by a Connestjcit Pr and af Once set ut for the then tar West. In the year 1704’te Pesolved to turn his beok upon bis native State and the “aioup! CHioadls whom his high learning and manners had earned for him, wat not, however, ‘wali! rth 1 ve The Williamsburg Bank Mesconger Rob- | ‘The examination of witnesses im the case of Gamuet Zima Ree es closed y' ket Couch was ed citizens, tially grateful, were intheir prima Ameng tneve John ‘Tay, Rodert R. Livingston, Do-Wit Clinton, 'Alvxander - Rafus King, Astoa Burr, Thomas Addis ‘® Chierry Valley, he removed in 1196 to Albany, to a4- ume the position of pastor af the Congregational church Of the State capital. He coatiqued ia the discharge of these oférical Gaties for the space of etx years. ‘Tho porlod of hia imimigration to thia State was an im- portant oue in othor respects than in the character and ‘Dudding grace of its leading men. Human progress iu 4 it may be said, tm the sciences F reulfsstesieiet “the oar or the setting pole, occupied more time and ox. ‘T posed to greater dangers than a voyage uow across the ocean. Then Rome was the mercantile metropolis of the Sax. 20.—John W. Quinoy va Ontario [roa Werle Motion dented, with ten dollars costa, to abide evens of the achom. Wallace P. Grover ot al. ve. Charies 8. Archer ot al.— Karle va New York and New Haven Railven® va, New York snd Now Haven Rail-