IV.  PnoposinoK.
That  the  temporary  duties  on  imports  be  made  coextensive,
in  duration,  with  those  now  permanent,  and  be  appropriated  in
like  manner ;  and  that  the  reservation  of  600,000  dollars,  annually,
out  of  the  duties  on  imports  and  tonnage,  for  the  support  of  the
Government  of  the  United  States^  and  their  common  defence,  be
post^ned  till  after  the  appropriations  for  the  interest  of  the
funded  debt,  foreign  and  domestic,  and  for  the  sinking  fund.
V.  PROPOsmoH*

That  the  following  provisions  be  added  to  ihose  heretofcm
made,  for  reimbursing  and  redeeming  the  debt  of  the  United
States:

1st  To  direct,  by  law,  that  so  much  of  the  surplus  of  the
duties  on  imports  and  tonnage,  to  the  end  of  the  year  1790,  as
shall  remain  uninvested  in  purchases,  on  the  1st  day  of  January,
1796,  shall  be  so  invested,  one-fourth  part  within  the  month  of
April,  another  foxirth  part  within  the  month  of  July,  another
fourth  part  within  the  month  of  October,  in  that  year,  and.  the
remainder  within  the  month  of  January,  1797.
2d.  To  exonerate  the  ruNO  established  by  the  act^  entitled


486  HAMILTON'S    WORKS.  [iBr.sa.
'^  An  act  supplementary  to  the  act  making  provision  for  the  debl
^  of  the  United  States,"  passed  the  8th  of  May,  1792,  from  the
payment  of  the  rate,  per  annum,  which,  by  the  4th  section  of
the  act  of  the  12th  of  August,  1790,  entitled  "  An  act  making
provision  for  the  reduction  of  the  public  debt,"  is  reserved,  on
account  of  the  principal  and  interest  of  the  moneys  authorized
by  that  act,  to  be  borrowed  for  purchases  of  the  debt ;  chargiDg
the  interest  of  the  moneys  so  borrowed,  upon  the  revenue  fixm
imports  and  tonnage.
