Imports seven and a half millions of dollars; excise, auctions, licenses, carriages half a million; postage, patents, and bank stock, one-eighth of a million, making eight and one-eighth millions. To these the direct tax and stamp tax will add two millions clear of expense, making in the whole ten and one-eighth millions. The expenses on the civil list, three-fourths of a million, foreign intercourse half a million, interest on the public debt four millions, the present navy two and a half millions, the present army one and a half millions, making nine and one-quarter millions. The additional army will be two and a half millions, the additional navy three millions, and interest on the new loan near one-half a million, in all, fifteen and one-quarter millions; so in about a year or two there will be five millions annually to be raised by taxes in addition to the ten millions we now pay. Suppose our population is now five millions, this would be three dollars a head. This is exclusive of the outfit of the navy, for which a loan is opened to borrow five millions at eight per cent. If we can remain at peace, we have this in our favor, that these projects will require time to execute; that in the meantime, the sentiments of the people in the middle States are visibly turning back to their former direction, the X. Y. Z. delusion being abated, and their minds become sensible to the circumstances surrounding them, to wit: the alien and sedition acts, the vexations of the stamp act, the direct tax, the follies of the additional army and navy money borrowed for these at the usurious interest of eight per cent., and Mr. Gerry's communications showing that peace is ours unless we throw it away. But if the joining the revolted subjects (negroes) of France, and surrounding _their_ islands with our armed vessels, instead of their merely cruising on our own coasts to protect our own commerce, should provoke France to a declaration of war, these measures will become irremediable.