The Sun.
London, England, 1820-01-07 00:00:00

character._ and indispensable to the morality of
our citizens, that all violations of our neutrality,
should be prevented. No door should be lett
openaff(f,or(rieldhetra:lsy tcli . iono„f c
nsiti ay be
lastrs ;di 110 opportuni-
ty3posed
to take
advantage of it, to compromise the interest or
honour of the nation. It is submitted, therefore,
to the consideration of Congress, whether it may
not be advisable to revise the laws, with a view
to !his desirable result.
It is submitted, also, whether it may not be
oper to designate, by law, the several ports or
places along the coast, at which, only, foreign
ships of war and pi ivateers may be admitted,—.
The difficulty of sustaining the regulations of our
commerce, and of other important interests front
abuse, without such designation, furnishes a strong
motive for this measure.
At the time of the negociation for the re-
newal of the commercial Convention between
he United States and GreatlSritsin, a hope
lied been entertained that an article might
have been agreed upon, mutually satisfactory to
both conntties, regoatiog, upon principles of
,jus-
tice and reciprocity, the commercial intercourse
between the United States and the British posses.
' sions, as well the West Indies, as upon the
Continent of North America. The Plenipotentiaries
of the two Governments not having heel} able to
come to an agreement on ibis litiport ant interest,
those of the United States reserved for the conside-
ration of this Government the proposa!s which had
been presented to them, as the ultimate offer oft
the part of the British Government, and which
they were -not authorised to accept. On their
transmission bete, they were examined with
due deliberation, the result of which was a
new effort to meet the views of the British Go.
verntnent. The Minister of the United State*
was instructtri to make a further pi oposal,
which has not been accepted. It was,
ever, declined in an amicable manner. 1 re•
commend to the consideration of Congress, whe-

cher further prohibitory provisions in the laws
relating to this intercourse, may not be expedient.
It is seen interest, that although it has not
been practi,:able, as yet, to agree in any arrange-
ment of this important branch of their commerce,
liich is the disposition of the pArties, that each
will view any regulations which the °flier may
make respecting it, in the most friendly
By the fifth article of the Conventinn, conclud.
ed on the 20tii of October, 181.8, it was stipu-
;ated, that the differences whist; had arisen be..
tween the two Governments, with respect to the
;roe intent and tneaning of the fifth article of the
Treaty of Ghent, iu relation to the carrying away
by fit itish Officers of slaves from the United
States, alter the exchange of thr ratifications of
the Treaty of Peace, should be reierred to the de-
cision of some friendly Sovereign or State, to be
named for that purpose. The Minister of the

United States has b,en instructed to name to tine
British Government a foreign Sovereign, the
common friend to both parties, for the decision of
lists question. The answer of that Government
to the proposal, when received, wall iirdicate the
further measures to'be pursued on the part of this
United States.

Islthough the pecuniary embarrassments which affected
various parts of the Union, during the latter part of the pre.
ceding year, have, during the present, been considerably
augmented, and still continue to exist, the receipts in this
'Treasu•ry, to the 30th of September last, have amounted to
19,000,000 dollars. After defraying the current expellees of
the Governmebt, including the interest and reimbursement
of the Public Debt, payable to that period, amounting to
18,200,000 dollars, there remai-ned in the Treasury, on that
day, mote than 2,500,000 dollars, which, with the sums receiv-
able during the remainder of the year, will exceed the,cur-
rent demands upon the Treasury for the same period.
The causes which have tended to diminish the Public Re-
ceipts could not fail to have a corresponding effect upon the
Revenue which has accrued upon imposts and tonnage, dur-
ing the three first quarters of the present year; it is, how-
ever, ascertained that the duties which have been secured
during that period, exceed 18,000,000 dollars, and those of
the whole year will probably amount to 23,000,000 dollars.
For the probable receipts of the next year, I refer you to
the statements whieh will be transmitted front time Treasury,
which will enable you to judge whether further provision be

necessary.
The great reduction in the price of the principal articles of
domestic growth, which has occurred during the present rear,
and the consequent fall in the price of labour, apparently**
favourable to the success of domestic manufactures, have Hitt
shielded them against other causes adverse to their prosperity.
The pecuniary embarrassments which have so deeply affectel
the commercial interests of the nation, have been no less ad-
verse to our manufacturing establishypents in several sec-
tions of the Union. The great reduction of the currency,
which the banks bare been constrained to mate, in only( to
continue specie payments, and the vitiated character of it
where such reductions have not been attempted, instead of
placing within the reach of these establishments thepecuniary
aid necessary to avail themselves of the advantages resitit-
ing from the reduction of the prices of the raw materials, and
of labour, hart compelled the banks to withdraw from them
a portion of the capital heretofore advanced to them. That
aid which has been refused by the banks, has not been ob-
tained from other sources, owing to the loss of individual
confidence, from the failures which have recently occurred in

some of our principal commercial cities.
An additional cause of the depression of these establish-
ments may probably be found in the pecuniary embarrass-
ments which have recently affected those countries with wilich
our commerce has been principally prosecuted.
Their 'Manufactures, for the want of a ready or profitable
market at home, have been shipped by the Munufacturers to
the United States, and, in many instances, sold at a price be-
low their currenvalue at the place of manufacture. Al-
though this practice may, from its nature, be considered tem-
porary, or contingent, it is riot on that account less injurious
in its effects. Uniformity in the demand and price of an ar-
ticle, is highly desirable to the domestic manufacturer.

It is deemed of great importance to give encouragement to
one Domestic Manufactures. In what manner the evils ad-
verted to' may be remedied, arid how ftr it may be practi-
cable in other respects to afford •to them further encourage-
ment, paying due reard to all the other great interests of the
Nation, is submitted to the wiFdoto of Congress.

The sum!), of the coast, for the establishment of lot tiEca-

tinny, is now nearly completed, arid considerable progress ha 4
been made in the collection of inaterla!s for the constructio
of fortifications in the Cr4;lpli of 3yiexico, and in tlic Otto-