Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1832-12-06

pointmen, of any agent for that purpose.
An of atroeious piracy having been committed
one OF our trading ships by the inhabitants OF settlement
the of Sun,aira iriga,e was despatched
with Orders to demand satisfaction Tor me INJURY those
who committed il should be found members OF regular
government, capable of maintaining The usual relations
with foreign naons but it, as was supposed, and as
they proved be- they band oil lawess pirates TO
inct such a would deter them and others
from like sggresons This last was DONE ana the effect
has been annccased rcpcc, for our nag in those distant
seas aud additional security for our commerce
In the view have given OF our connection viii, foreign
powers, illusions have been made TO their domestic dis
turbdnccs foreign TO their revolutions or dssen
sons Ii may be proper TO Observe that this is done sole
IL where those affect political relations
with them or TO show their operation commerce.
Further than this il is neither policy right
Interfere Our best wishes, on all occasions, good Of
fees when required, will be afforded promote the do
nestle tranquility and foreign peace Of all nations with
whom have any intercourse Any intervention in their
affairs further than h even by the expression OF an Of
fetal opinion, is contrary TO principles OF international
policy, aud will always he avoided.
The report which the Secretary of the Treasury WILL
in due time, lay before you, will exhibit the nation
al finances in highly prosperous state. Owing 10 tie
continued success OF our enterprise which has
enabled the merchants fulfil their engagements with
the Government the receipts from customs during the
year will exceed the estimate presented at the last ses
sion; and with the other means oil the Treasury, viii
prove fully adequate, not not only TO meet the Increased
expenditures resulting from the large appropriations made
by Congress but TO provide Tor the payment OF all the
public debt which is al present rcdeenSbc. Its now
uma,ed that the customs will yield TO the Treasury dur
ing the present year. upwards of twenty eight millions OF
dollars. The public lands however, have proved less
productive than anticipated; and according present
information, will not much exceed millions The
expenditures Tor all objects, other than the public debt
estimated TO amount during the year, 10 about sixteen
millions and half while larger sum, viz. eighteen mil
lions oil dollars, will have becnapped the principal and
interest OF the public debt.
1t expected, however, that, in consequence of the
reduced duty, which will take effect after the 81
of March next there will be considerable falling of in
the from customs in the year 1888 Ii will,
vertheess be amply sufficient provide for all the wants
OF the public Service estimated even upon liberal SCALE
and for the redemption and purchase OF the remainder OF
the public debt On the first OF January next, the entire
public debt of the United States funded and unfunded
will be reduced TO within fraction OF seven millions OF
dollars Of which 363 not OF right redcemahle
until the first OF January, 1884, and 4735 296,
ill the 2d of January, 1885 The commissioners OF the
sinking fund.- however, being invested with full authority
to purchase the debt at the market pce, and the
OF the Treasury being ample it may be hoped that the
whole will be exlinguishcd within the year 1898.
cannot toe cordially congratulate Congress and my fell
on the near approach OF that memorable and
happy event, the extinction OF The public debt oil this
great and free nation Faithful 10 the wise and patriotic
policy marked out by the legislation of the country for
this object the present administration has devoted all
| the means which ioursling commerce has supplied
and prudent economy preserved for the public Treasu-
ry Within the four years for which the people have
tdcd the executive power TO my charge, ttyeght mil
: lions of dollars will have been applied TO The payment Of
It the public debt. That this has been accomplished with
stning the expenditures for all other proper objects
will be by referring 10 the liberal provision made
during the period, Tor the support and increase
means of maritime and military defence, for internal
improvements OF national character for the removal and
preservation OF the Indians and, asty for the gallant
J, terSns Of the Revolution.
The final removal OF this great burtlen from resour
affords the Of further provision for all the oh
ecs of general welfare and public defence which the
suon authorizes and presents the occasion for such fur
er reduction in the may be required fol
them From the report Of the Secretary of the Treasury
it will be that, after the present year, such reuc
ton be made TO considerable extent aud the sub
T. jcct is earnestly recommended 10 The consideration OF Con
gress the hope that the combined wisdom OF the repre-
ali the % gs s PfGP ee M aGT ns oil eeGn
D. Long and patient reflection has ghened the opi
mons nave heretofore expressed TO Congress this sub
Jcc; ana deem IL my duty, on the present occasion
e again to urge them upon the attention OF the Legislature
The soundeSt maxims OF public policy tho principle
upon which our republican institutions are founded re
commend proper adaptation of The revenue TO the \
pendure, and they also require that the expenditure
i shall be limited TO what by an econonicaI
y shall be consistent with the simplicity OF the Government
and necessary 10 an efficient public service In eGecno
this adjustment, il is due, in justice to the interest,
OF The different States, and the preservation of the
ohioh itseli 'ha' he protection afforded by existing laws
To any branches OF the national industry should not x
coed what may be necessary 10 counteract regulations
oil foreign nations, aud 10 secure supply those article
OF manufacture, essential To the malonal independence
and safety i'll time Of IT. upon investigation il shall
be found is believed il will be- that The
protection granted TO any particular greater dian
Is ndspensdbly requisite for these objects recommend
II that it be gradually diminished and that as lar a nav
be consistent with these Objects tie whole scheme Of
duties be reduced to the as soon as lust
regard TO the faith of the Government to the preser.
walton OF the large capital invested establishments of
domestic industry, will permit.
That manufactures adequate TO the supply of our DO
mesuc consumption would, in the abstract be bene-
hcal TO our country there is reason 10 doubt.
and to effect their establishment, there is perhaps
no American citizen who would not for while be vii
ling to pay higher price for them But for this nnrnosc
is presumed that tariff of high duties designed for
perpetual protection has entered into the minds of bnt
few OF our statesmen. The they have IL a
temporary, aud generally, incidental protection which
they maintain has the effect to reduce the price bv d.
mesiic competition below that of the foreign article Ex
Perence, however, our best guide this as on other sun
Jects, makes doubtful whether the ADVANTAGES Of Ills
system are not cOunterb0dnccd by many evils and ,vbe
Their II does not tend to bege in the minds of large nor
lion oil our counymen spirit of discomfort and ieao
dangerous to the stability of the Union
What, then, shall he done Large interests have gro,yD
up under the implied pledge our national Legislation
which ii would seem violation of public faith sddenv
to abandon Nothing could justify but the public SAFE
~, which is the supreme law But those who have
ed their capital in manufacturing establishments cannot
expect that the people will continue permanently TO nav
high taxes for their benefit when the money is not re-
CURED Tor any legitimate purpose in the administration of
tile Government Is il not enough that the high duties
have been paid long the money arising from he.
cond be applied to The common benefit in the extinguish-
ment Of the public debit
Those who take an enlarged view of The condition of
our country, must be satisfied a The policy of protection
must be ultimately limited TO those articles of donest;.
manufacture which indispensable to our safety i'm fine
Of war hhln this scope reasonable scale is re
commended by every consideration Of patriotism and din
y, which will doubtless always secure TO il liberal and
efficient support. But beyond this object we have al
ready seen the operation OF the system productive T die
content In some sections Of the republic its influence s
deprecated tending concentrate wealth into lo,Y
wee winch, IN other countries have characterized ,e
| existence md