Iowa news. [volume] (Dubuque, Upper Mississippi Lead Mines, Wisconsin Territory) 1837-1841, 1837-12-23


foreign nations, it was my particular desire
from the proximity Of the Mexican Republic
and well known occurrences on our frontier, Il
be instrumental in obviating all existing diff
culties with that government, and in restoring
to the intercourse between the two Republics
that liberal and friendly character by which
they should always be distinguished. Ireg1e
therefore, the more deeply to have found in the
communications of that goTernment SO little
reason to hope that any future efforts of mine
for the accomplishment of those desirable OBJ
iects would be successful.
Although the larger number, and many Of
then aggravated cases ofpersonal wrongs have
been now for years before the Mexican Gov
ernmeBt, and some of the causes of national
complaint, and these of the most offensive
character, admitted of immediate, simple and
satisfactory replies. it is only within few
days past that any specific communication in
answer to our last demand, made five months
ago, has been received from the Mexican Min.
lister. By the report of the Secretary Of State.
herewith presented, and the accompanying doc.
umen,s, it will be seen, that for not one of oul
public complaints has satisfaction been given
or offered, but that one Of the cases ofperson-
al wrong has been faYorably considered, and
that Blu, four cases of both descriptions out Of
all those formally presented, and earnestly
pressed, have as yet been decided upon by the
Mexican Government.
Not perceiying in what manner any OF the
powers given to the Executive alone could be
farther usefully employed in bringing this un-
fortunate controversy to a satisfactory ttnmlna-
ton, the subject was by my predecessor refer
red TO Congress, as one calling for its inter-
position.--ln accordance with the clearly I'M
derslood wishes of the Legislature, another
and formal demand for satisfaction las been
made upon the Mexican Government, with
what success the documents now connmunica-
ted will show. On careful and deliberate
examination of their contents and considering
the spirit manifested by the Mexican Govern
ment, 1t has become my painful duty to return
The subject, as II now stands, to Congress, to
whom belongs, TO decide upon the time, the
mode, and the measures of redress. Whatev-
er may be your decision, it shall he faithfully
executed, confident that it will be characteIi-
zed by that moderation and justice which will
i trust, under all circumstances, govern the
councils Of our country.
The balance in the Treasury on the first day
~ ACcJ, WIS lOlty -llNB lHiiIlUtS llHC
hundred and sixty-eight thousandfve hundred
and twenty-three dollars. 1.-The receipts du-
ring tie present year from all sources, includ-
ing the amount Of Treasury notes issued, are
estimated at twenty-three millions four hun
dred and ninety -nine thousand nine hundred
and eighty-one dollars, constituting an aggre-
gate Of sixty mine millions four hundred and
slxty-eght thousand five hundred and four dol
lars. Ofthis amount, about tllir,y-ive millions
two hundred and eighty-one thousand three
hundred and sixiy-one dollars will have been
expended at the end of the year on appropria-
tons rnade by Congress; and the residue a.
mounting to thirty-four millions one hundred
and eighty-seven thousand one hundred and
forty-three dollors, will be the nominal balance
in the Treasury on the first Of january next.
But Of that sum, only one million eigty-ive
thousand four hundred and ninety dollars
is considered as Immediately available for, and
applicable to, public purposes. Those por-
tons of it which will be for some time una
valuable, consists chiefly Of sums deposited
with the States, and due from the former
depositc banks. The details upon this
subject will be found in the annual report Of
the Secretary Of the Treasury. The amount
of Treasury notes, which it will be necessary
to Issue during the year on account of those
funds being unavailable, will. it is supposed,
not exceed four and half millions. 1t seem
ed proper, in the condition Of the country, TO
have the estimates on all subjects made az low
as practicable, without prejudice to any great
public measures.
The departments were. therefore, desired to
prepare their estimates accordingly, and am
happy to find that they have been able to ga-
duate them on so economical scale. In The
great and often expected fluctuations TO which
the revenue is subjected, it's not possible to
compute the receipts beforehand with great Ter.
tainty; but should they not suffer essentially
from present anticipations, and should the an.
not much exceed the estimates, no
difficulty seems likely to happen in defrayine
the current expenses with promptitude and f.
deity.
Notwithstanding the great embarrassments
which have recently occurred in commercial
affairs, and the liberal indulgence which. in
consequence ofthese embarrassmens, has been
extended to both the merchants and the banks.
II is gratifying TO be able to anticipate that the
Treasury notes, which have been issued din.
ring the present year, will be redeemed and
that the resources Of the Treasury, without a.
ny resort to loans or increased taxes, will prove
ample for defraying all charges imposed on Il
during 1888. !
The Report Of the Secretary Of the Treasu-
~ will afford you more minute exposition Of
all-matters connected with the administration
of the finances during hecurrent year; peri
cd which, for the amount Of public moneys
disbursed and deposited with the States. as
well as the financial difficulties encountered
and overcome, has few parallels in our histo-
ry.
Your attention was, at the last session, in-
vited TO the necessity Of additional Legislative
provisions in respect to the collection, safe
keeping, and tranfer Of the public money. No
law having been then matured, and not under.
standing the proceedings Of Congress. as inten-