The Massachusetts spy. [volume] (Worcester [Mass.]) 1821-1823, 1821-12-12

4
tant part of our Union, which had suffered
much from incursion and invasion, and to the
defence of which his very gallant and patriot
lex services had been so signally and usefully
| devoted.
From the intrinsick difficulty of executing
laws deriving their origin from different sourc-
| es, and so essentially different in many impor-
tant circumstances, the advantage, and indeed
The necessity, OF establishing, as soon as may
be practicable, well-organized government
over that territory, on the principles of our sys-
tenn, is apparent. This subject, therefore, is
| recommended to the early consideration of
Congress.
In compliance with an injunction of the law,
| Of the Sd of March last, three commissioners
! have also been appointed, and board organ
| lied, for carrying into effect the eleventh art-
Gle OF the treaty above recited, making provis-
ion for the payment of such of our citizens as
| have we1-founded claims on Spain Of the char
acter specified by that treaty. This board has
entered on its duties aud made some progress
therein. The Commissioner and Surveyor of
his Catholick Majesty, provided for by the
fourth article of the treaty, have not yet arriv-
ed in the United States, but are soon expected.
AS soon az they do arrive, corresponding APP
pointments will be made, and every facility be
afforded for the due execution of this service.
The government of his Most Faithful Males
ty, since the termination Of the last session of
Congress, has been removed from Rio de Ja-
NERO to Lisbon, where revolution similar to
that which had occurred in the neighbouring
kingdom of Spain, had in like manner been
sanctioned by the accepted and pledged faith
of the reigning monarch. Tire diplonlatick
intercourse between the United States and the
Portuguese dominions, interrupted by that i'm
portant event, has not yet been resumed; but
the change of internal administration, having
already materially affected the commercial in-
tercourse of the United States with the Portu-
guese dominions, the renewal of the publick
missions between the two countries appears to
be advisable al an early cay.
misunderstood that the colonies in South
America have had great success, durns the
present year, in the struggle fol. their mde-
pendence. The new. government OF Colombia
has extended its territories, and considerably
augmented its strength; and at Buenos- Ayres,
where civil dissension had for some time beiore
prevailed, greater harmony and better order
appear TO have been established. Equal sue
cess has attended their efforts in the provinces
on the Paci6ck. 1t, has long been manifest
that it would be impossible ior Spain to reduce
1 conditions, short of their Independence, would
be satisfactory TO them. 1t may, thereon, be
presumed, and it is earnestly hoped, thai the
government of Spain, guided by enlightened
and liberal councils, will find it to comportw with
its interests, and due to its magnanimiy, 10
terminate this exhausting controversy OF that
basis. To promote this result by friendlyco
4sel with The government of Spain, will be the
object Of the government of tine United States
In conducting the nscal operations Of the
year, it has been found necessary to cary into
full effect the act of the last session oil Con-
gress, authorizing loan of five millionsof dol
lars. This sum has been raised at an average
premium OF five dollars ifty-nine hundfedths
per cent. upon stock bearing an interest at the
rate OF five per cent. per annum, Iedeemable
at the option. of the Government after the first
day of January, 1885.
here has been issued, under the provision
of this act, four millions seven hundred and
thirty-fVe thousand two hundred and ninety
six dollars thirty cents of five per cent. stock
and there has been, or will be redeemed, dur
ing the year, three millions one hundred and
ninety-seyen thousand thirty dollars seventy
one cents of Louisiana six per cent. and de-
ferred stock, and Mississippi stock. There has,
therefore, been an actual increase of the pub
lick debt, contracted during the year, OF one
million FIVE hundred and thirty-eight thousand
two hundred and sxty-six dollais sixty-nine
cents.
The receipts into the Treasury, from the.
1st of January to the Both of September last,
have amounted to sixteen millions two hun
dred aud nineteen thousand one hundred and
ninety-seven dollars seventy cents, which, with
the balance of one million one hundred and
ninety eight thousand four hundred and sixty
one dollars twenty-one cents 10 the Treasury
on the former day, make the aggregate sum
of seventeen millions four hundred and seven
teen thousand six hundred and tfty-eight dol
lars nnety-one cents.
The payments from the Treasury during the
same period, have amounted to hiteen millions
| six hundred and hfty-hve thousand, two hum
dred and eighty dollars forty-seven cents;
| leaving in the Treasury, on the aforementioned
day, the sum OF one million seven hundred
aud sixty-two thousand three hundred and
seventy dollars, forty-tour cents. 1t is esti-
| mated that the receipts OF the fourthsquarter of
| the year, will exceed the demands which will
be made on the Treasury during the same PEI
| Rod, and that the amount III the Treasury, on
the Both of September last, viii be increased
on the first day of January next
At the close Of the last session it was antici-
pated that the progressive dimmution of the
publick revenue in 1919 and 1890, which had
been the result of the languid state OF our for
| eign commerce in those years, had, in the lat
| ter year, reached its extreme point of depres-
| sion. lthas, however, been ascertained that
that point was reached only at the termination
OF the first quarter of the present year. From
| that time until the Both OF September last, the