The National Register.
London, England, 1820-01-10 00:00:00

Our Ming, Congtitution anZi II atu~•

MONDAY, JANUARY 10, 1810.

!places along the coast at which, only, foreign ships of
war and privateers may be admitted. The difficulty
of sustaining the 'veld:glens of our commerce, atul of
other important interests front abuse, without such
desigr anon, furnishes a strong motive fur ties 111e3$111',.
At the time of the negociation, for the renewal of the
commercial. convention between the United! States and i
Greet Britain, a hope had 'teen entertained that an
article might have been agreed upon, mutually satirtac-
tory to both countries, regsdetilig, upon principles of
justice and reciprocity, the coniniercial intercourse
between the United States lipid the British possessions,
as well in 'the West Indies 411 upon the Combatant of
North America. The Pleniputentiaries of the two
Governments, not having been able to come to an
agreement in this important interest, those of the United
States reserved for the consideration of tins Govertimeut,
the proposals which had been presented to them 'as the
ultimate offer on the part of ,the British Government,
and. hich they were out ruthcirised to accept. On their
tratmnission here, they were examined with due deli-
beration, the result of which was, a new effort to meet
the views of the -British Government. The Minister of
the Uitited•States was Instructed to make a further pro-
posal, which has not been accepted. It was,
.howet er,
declined in an amicable manner. I recommend to the
consideration of Congress. whether further prohibitory
movisians, in the laws telativg to this intercourse. may
not be expedient. It is seen with interest, that although
it has not been practicable, as yet-, to agree in any
arrangement of this important branch of theireonitnerce,
such is the di.posttion of the parties,-that each will view
any regulations which the other way make respecting it,
u the most friendly light.
" fly the 6th article of theenerention, concluded on
the gush October, 111111, dines stipulated that the Mr-
' fereuces which had arisetebetween the two Governments
with regard to the true intedt and totalling of the sth
article of the treaty of Ghent, in relation to the carrying
away. by British officers, of ',laves from the United
States, after the each= of the ratificatiun of
the treaty to peacey el be referred to the decision
of souse frittulte_ Sovereign or State. to be 'issued for
that perpose. The :Milliner of the United States has
been instoseted to name to the British Government a
foreign 'Sovereign. the common friend to both parties,
for the decision of this question. The answer of that
Guider-omen' to the proposal.** when received, will indi-
cate,the further measures to be pursued on the part of
United States: •
Althoieth the pecuniary embarrassments which
affected-the various parts of the U • during the latter
part cattle preceding year. bare during Abe present,
been considerably auguiestsecl. and stilt contimie to
exist, the receipts ittio the treasury, in the autb of Sep-
tember last, have atnoutited to te,uodeuou dollars.—
After defraying the current eerie._ _te,e, of teel...Regiment,
including the auterest and reimbursement of the public
debt, payable to that pertoit., golouoting to 18,aments °.
'here remained "' the treasury on that. day more than
2.6oo.ooodelletoswblets With the snits receivable during
the remould" of tits year. mill exceed the current
demands uponthaS treasury for the saute period.
•• The comes which have tended to diminish the
panic receiplat. could usu foil to have a corrrespontling
effect "Imo, the revenue which has accrued upon imposts
and ioneesse. during the three first quarters of the pre.
ceilin7,, year. It •is, however. ascertained that the
dou.esethich hare been set ured during that period exceed-
l'e,ooo,otxl, and those of the -whole year will esubithly
, arisuuni to ea,uou,ooo.
" Fin the probable receipts of the neat year, I refer
you to the sameinents which will be iiiii ted front
the treastiry, which will enable you to judge w Ileum
further provisions be stecessiry.
m The great reduction in time price of the principal
articles of domestic growth, which has occurred eluting
the present year. and the consequent fall in tile price
of biliteir, apeaiently so !avowable to the success of do-
mestic istanufactures, have not shielded them against
other causes averse to their pruspesity. The pecutim:j
disappreistineuts which have so deeply effected the coo:.
menial interests of the nattoo, have been nu less A-
verse to our nianiffeettiring estaleishments, in 'atrial
sections of the Union.
.• The great reduction of the currency which the
banks have been constrained to wake, in order 40 cono.
ithe specie paymeiits, tied the i stinted character of
it
w titre men reduciiinis have not been atiemeesl, instead
of piecing within the reach of these e‘tablisinitents the
pecuniary aid necessary to avail theme-Ives of the ad-
vantages resulting
the raw iigaieriAlb and of it.t‘e the
oinks in ts ithilraw from teem a pillion of the cipital
healouire ad v anced tndivus. '!.undid ssinvit has been
refused by the winks, has not heel, uht iiuril from Miter
CS, .owing to tile hilts of 111441'iliiiiai
the failures winch 14..‘e revciitiv occurred Ili :40111C Of
OW I/111101 0X commercial cities.
i• An additional CAW!. of the 1141/11”14410/1 of these es.
tab' slitreists, may robably be Ithlild In the peettnialy
entharressitients of whitai ,Ste recently albaltedi these
commies, with which our commerce 11.141
loaliy prosecuted.
" maanuf.veturrs, for time W 31.1 o:" a read) or