Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1837-12-14
WHOLE NO. 4O2.

the Mexican rcpnh',, and well known occur
rences on our frontier. To be Instrumental IN
obviaiing nil existing difficulties with that
government, and in restoring To the inter-
course between the two republics, that llber-
al and friendly character by which they shoul6
always be distinguished. regret, therefore,
the more deeply, to h We found III the recent
commu nic atoms of that government, so little
r"ason to hope that any efforts Of mine for
the accoInrlishu ent OF those desirable objects
would be success.ul.
Although the larger number and many ut
them aggravated cases Of personal wrongs
have been now for years before the MnxicaD
Government and some of the causes OF ma
ional complaint, aud those of the most OF
fensive character. admitted of immediate.
simple and satisfactory replies, it is only
within few days past thnt any specific com
mnncation IN answer To our last demand,
made FIVE months ago, has been received
from the Mexican Minister. BY the report
Of the Secretary Of State, herewith present
ed, and the accompanying documents, 1t will
be seen, that for not one of our public com
plants has satisfaction been given "r offered
that but one of the cases Of personal wrong
has been tavorahly considered : and mas bw1
four cases Of both descriptions. ont Of all
those formally presented, and earnestly
pressed, have as yet been decided upon by
the Mexican Government.
Not perceiving in what manner any Of the
powers given TO the executive alone could be
farther usefully employed in bringing this
unfortunate controversy to satisfactory ter
minntion. the subject was by nv predecessor,
referred to Congrcss,as one calling for its in
terposition. In accordance with the clearly
do rvis sho - tl.,l nSla hcr
and formal demand for satisfaction has been
made upon tho Mexican government, with
what success the documents now commnni
Gated will show. On careful and deiher-
ate examination of their contents. and consid-
cring the spirit manifested by the Mpxicnm
government. il has becon3c my painful duty
to return the subject, ms it now stands, to.
Congress, to whom it belongs. to decide up
on the time, the mode, and the mcasnrc Of
redress. Whatever may be your decision, it
shall he faithfully executed. confident that il
will DO characterized by that moderation and
Justice which will. trust, under all crcum-
stances. govern the councils of our country
The balance in the Treasury on the first
day of January, 1897, was foriy-ivc millions
nine hundred and sixty.cight thousand five
,sH% Ind aSaTs The re-
cos, including the amount Of treasury notes
iSsned,are estimated at twenty-three millions
four hundred and ninety thousand nine
hundred and eighty-one dollars, constituting
an aggregate of sixty-ninc millions four INN
drcd and sixty eight thousand five hundred
and four dollars. OF this amount, nbont Thlr-
five millions two hundred and eighty ono
three hundred and sixty one dollars
will hive been expended at the end of the
year on appropriations made by Congress
and the residue, amounting to thirty-four
millions one hundred and eighty seven thou-
sand one hundred aud forty-three dol!srs.wilf
be the nominal balance in thr treasury on the
first Of January next. But of that sum, only
one million eighty five thousand four hundred
and ninety eight dollars is considered as i'm
mediatcly available for, and applicable to-
public purposes.
Those portions of it which will be for sorac
time unavailable. consist chiefly Of sums de-
posited with the States. and due from the for
mcr dcpos'e banks. The details upon this
subject will be found in the annual report Of
the Secretary Of the Tr"nsury. The amount
Of Treasury notes which it will be necessary
to Issue during the year on account of thnse
funds being unavailable. will. il is supposed,
not exceed four and half millions. II SEEM
I'd proper, in the condition ofthe country, to
have the estimates on all subjects made as
low az practicable, without prejudice to any
great public measures. The Departments
wer". therefore, desired to prepare their esf
mates accordingly; and am happy to find
that they have been able to graduate them
IN so economical a scale.
In the great and often unexpected 6uctua-
ions to which the revenue is subjected, it is
not possible TO compute the receipts before
band with great certainty; but should they
not differ essentially from present anticipa-
tons, and should tho appropriations not much
exceed the estimates, no difficulty seems
likely to happen in defrayiag the current ex-.
penses with promprtude and fidelity.
Notwithstanding the great einbsrrassmcnts
which have recently occurred in commercial
affairs, and the liberal indulgence which, in
consequence Of these emharrssanscnts. has
been extended To both the merchants and the
banks. il is gratifying to be able to anticipate
hnt the Treasury notes, which have been ia
med during the present year,wiIl be redeem
d. and that the resources of the Treasury,
without any resort to loans or incr~sssd tax
-, will prove ample for defraying all charges
imposed on il during 1888.
The rapor, of tho Secretary Of the Tren-
ury will afford you more minute exposition
II all matters connected with the administra-
ION Of the finances during the current year;
period which. for the amount Of public mo-
,cys d;sbursed and deposited with the Stetes,
Ia we,l as tho financial difficulties encounter
ID and overcome, has few parallels IN our his
orv.
Yonr attention was, az the last session, in
-ited n the necessity Of additional legislstive
in respect to the collection. snfs
,eepinc, and transfer Of the public money
VI law having then been ma,ured. and not
the proceedings Of Congress
"a intended to be- final. il becomes NV duty
gain IN bring the subject to your notice.