The Sun.
London, England, 1847-12-31 00:00:00

FOREIGN RELATIONS.

Our treaties with the Sublime Porte, Tripoli,
Tunis, Morocco, and Muscat, also require the legisla-
tion of Congress to carry theta into execution, though
the necessity for immediate action may not be so
urg►ent as in regard to China.
The Secretary of State has submitted an estimate
to defray the expense of opening diplomatic relations
with the Papal States. The interesting political
events now in progress in these states, as well as a
just regard to our commercial interest, have, in my
opinion, rendered such a measures highly expedient.
Estimates have also been submitted for the outfits
and salaries of charges d'affaires to the republics of
Bolivia, Guatemala, and Ecuador. The manifest
importance of cultivating the most friendly relations
with all the independent states upon this continent
has induced me to recommend appropriations neces-
sary for the maintenance of these missions.
I recommend to Congress that an appropriation be
made, to be paid to the Spanish Government for the
purpose of distribution among the claimants in " the
Amistad case." I entertain the conviction that this
is due to Spain under the treaty of the 20th of Oc-
tober, 1795 ; and, moreover, that, from the earnest
manner in which the claim continues to be urged, so
long as it shall remain unsettled it will be a source
of irritation and discord between the two countries,
which may prove highly prejudicial to the interests
of the United States. Good policy, no less than a
faithful compliance with our treaty obligations, re-
quires that the inconsiderable appropriation demanded
should be made.

FINANCIAL AFFAIRS.
A detailed statement of the condition of the finances
will be presented in the annual report of the Secre-
tary of the Treasury. The imports for the last fiscal
year, ending on the 30th June, 1847, were of the
value of 146,545,638 dolls., of which the amount ex-
ported was 8,011,158 dolls., leaving 138,534,480
dolls, in the country fur domestic use. The value
of the exports for the same period was 158,648,622
dolls., of which 150,637,463 dolls. consisted of do-
mestic productions, and 8,011,158 dolls. of foreign
articles.

The receipts into the Treasury for the same period
amounted to 26,346,790 dolls. 37c., of which there
was derived from customs 23,747,864 dolls. 66c,,
and from sales of public lands, 2,498,335 dolls, 20e. ;

and from incidental and miscellaneous sources,
100,570 dolls. 51c. The last fiscal year, during
which this amount was received, embraced five months

under the operation of the Tariff Act of 1842, and
seven months during which the Tariff Act of 1846
WU in force. During the five month under the Act
of 1842 the amount received from customs was
7,842,306 dolls. 90c. ; and durin4 the seven months
under the Act of 1846 the amount received was
15,90.5,557 dolls. 76c.
The net revenue from customs during the year
ending on the Ist of December, 1846, being the last
year under the operation of the Tariff Act of 1842,
was 22,971,403 dolls. 10c., and the net revenue from
customs during the year ending on the Ist of Decem.
der, 1847, being the first year under the operation
of the Tariff Act of 1846, was about 31,500,000
dollars, being an increase of revenue for the first
year under the Tariff Act of 1846, of more than
8,500,000 dollars over that of the last year under the
tariff of 1842.
The expenditures during the fiscal year ending on
the 30th of June last were 69,451,177 dolls. 65c., of
which 3,522,012 dolls. 37e. was on account of pay-
ment of principal and interest f.)f the public debt, in-
cluding Treasury notes redeutnei nts2 not funded.
The expenditures, exclusive of payment 9f public
debt, were 55,929,095 dolls. 23c.
It is estimated that the receipts into the Treasury
for the fiscal year ending on.the 30th of June, 18451
including the balance in the Treasury on the Ist of
July last, will amount to 42,886,545 dolls. 80c., of
which 31,000,000, it is estimated, will be derived
from customs ; 3,500,000 from the sale of the public
lands ; 400,000 from incidental sources, including
sales made by the Solicitor of the Treasury ; and
6,285,294 dolls. 55c. from loans already authorised
by law, which, together with the balance in the
Treasury on the Ist of July last, make the sum
estimated.

The expenditure for the same period, if peace with
Mexico shall not be concluded, and the army shall be
increased as is proposed, will amount, including the
necessary payments on account of the principal and
interest of the public debt and Treasury notes, to
58,615,660 dolls. 7c.
On the Ist of .the present month, the amount of
the public debt actually incurred, including treasury
notes, was 45,659,659 dolls. 40c. The public debt
due on the 4th of March, 1845, including Treasury
notes, was 17,788,799 dolls. 62c.; and consequently,
the addition made to the public debt since that time
is 27,370,859 dolls. 78c.

Of the loan of 23,000,000, authorised by the Act
of the 28th of January, 1846, the sum of 5,000,000
was paid out to the public creditors, or exchanged at
par for specie ; the remaining 18.000,000 was offered
for specie to the highest bidder not below par, by an
advertisement issued by the Secretary of the Trea-
sury, and published from the 9th of February to the
10th of April, 1847, when it was awarded to the
several highest bidders, at premiums varying from k
per cent. to 2 per cent. above par. The premium
has been paid into the Treasury, and the sums awarded
deposited in specie in the Treasury as fast as it was
required by the wants of the Government.