Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1840-01-18

the eases ol ;wo vessels o.! the United States.
Nlh GENITAL Amenca a convention has been
concluded i1r the renewal ut lls former treaty.
with the Juiied Sia,cs.-Ehs was not ratified
before The departure Of our late charge d Al
inteS from that county, and the copy Of {,
brought 10y h'm vas not Gceyed before the nd
lou'umeui at The Senate the las, session. H.
The meanwhile the PERIOD limited Cor the exchange
OF publications. having expired, deemed II eNpe
dent, IN consequence OF the death of the Chargt
d Aiidres, to send special agent TO Central
America, to close the affairs Of eur mission there,
aud 10 arrange with he Government an cXteniion
Of the time for lhe exchange Of affiliations
The commission created by Ne States which
formerly composed the Republic Of Columbia
Tor adjusting the claims against lhal Government,
has, by very unexpected construction OF the
treaty under which It acts. decided thai no pfoVs-
ION WAS made fur those claims Of citizens Of me
lm'rd States which arose from captures by ca.
lumbar prIvaeers, and were adjudsdl against
the claimants IN the judcial tribunals. This de
cIs'on will compel the United States Ia apply to
the several Governments fotmctly unitrd. f,rrc.
dress. Nnh sll he>e-Ncw Gmnada. Neuezue.
Ia. md Ecuador-a perfectly good understand.
ng exists. Our treaty with Venezuela is tnlh.
luly oauled into execution; and that country, IN
the enj ,ymenr Of tranquility, IS gradually adranc.
ing IN prosperity under the guidance of lis pres.
enl distinguished President. General Pacz. " tn
Ecuador, liberal commercial convention has
lately been concluded, which Will be Transmitted
to the Senate at an early day.
Wlh the great American empire Of Bazl our
rel
intercourse with the other governments OF 5. Amer
ca-lhc Argentine Republic, a0d Jhe RcpIbacs oi
Unyuav, Chi, Peru auI Boltyl. The dissolution
Of the Peru Bolivian Confederation may occasion
some temporary Inconvenience lp uur citizens m than
qearter, but tht obligations on The new govern
mems which have arisen out Of that confederation
tn observe It's treaty stipuatons, viii no doubt BE-
soon understood, and 1t is presumed that no ndspo-
Gtl0n wllI exist to lulll those which 1t contracted
with the L. States.
The financial operations al the government dur
ing The present year have, lam happy To say. been
yery successful. The difficulties under which the
Treasury Department has hhorcd, from kno n de-
lccls ~ the existing laws relative To The safe keep
M u the public moneys aggravated hy the ,u> ,,cu.
SION of specie payments bs SeyeTai OF The Bank,
holding pubic deposlirs, or indebted 10 public OH
'ets ior notes received IA payment OF p,bllc dues,
ave been snftn1untrd 10 Erry gratifying extent
The lntge current expenditures have been punctal.
Y me-, aud the FAITH of the Government "a all IT'S
)cc0nary concerns has been scruuuiously maIa-
aimed.
The nineteen millions o. Treasury notes author.
Srd BY the act of Courrr- of 1881 uue The mod it,
cations lht'enh with NIcw t. The indulgence OF
merchants on theIr duty bonds, and Of te dtpns.e
banks N the payment Of public moneys held 10y
them, have been 50 punclua.ly redeemed as to leave
+N, he prEfy tlI t.afY H..
one tune, and the whole amount unrcdeomrd now
falls short Of three millions 0ilhese tie chief or
llon Is moi due uI next year and the whaic would
here been already eXunnushed, could the Treasury
have realized the payments due 10 1t from the bank,.
u those due from them dannE the next year shall
Dc pnnctIaIy made, aud u CunyfcsS Shall Keep The
appropriations wilhn The estimates, Tiers Is every
elson tn beieye that all the outstanding Treasury
Iolcs can BE- rrdc-u~j, aud thJ orIuary expense
betrayed, without imposing Oh lie people any adj
l1uenal urdcn, eitiicr of loans o. iucrcasrd taxes
10 avoid tbs, aud TO keep the expenditures With
u reasonabr bounds, ls q day. secund uuly 10 nn-
'orldrce to the preservation ofour national chardc-
er, anI the projection ot our clI1cus "a then csd
nd poll zeal rights. The creation, 10 lme Of peace
II debt likely 10 become permanent, Is ab evt for
yhch there IS 10 equivalent he aydly wllh
'hch many OF The States are apparently approach
~ 10 tlis condition adtuont sts Us Ut our own du-
rs, 10 manner too impressive Ia be dercEafdcd. |
)ne, not the least npOrtant Is 10 keep the Federal
government always IA condition to discharge, Wilh
ase aud ylgor, ITS highest functions, should ther !
xcfcEe be required by any sudden coDJuuclure Of
,uhHc Jildlrs-a condition 10 which We aye always |
exposed, aud which may occur when II Is least tx |
,ected 10 THIS end, II H Indispensable lhdl lis h. |
lanceS should be untfanncIrd, ana IT'S resources as
az as as practicable uHinCumbered. No cfcum-
,..,.ttI t.r.. to-, a.
).slmcHl ol lhese vitality important obt,cl-, iAIB
he creation Of an oHetous national debt oar 0wn
Xpencncc, aud also that Of Other nations, have de-
uuuslIated tie unavoidable aud fearful JauiIiy |
win which pubic Grbt Is Increased, when tie Go-
eminent nas once surrendered Itself "a the ruiuous
yracuce ol sGPpyng IT'S supposed necessities by u, "
oahS. ht sfuggle, lhert Tore, Oh our pau, u be
ncecssu, ninst Dt made al tue tircsAoId. 10
make our Efforts elective severe economy 10 ncces-
aiy. THIS IS the surest provision lur tnc NATIONAL
welfare; and It s at ne same tune, the best prstf-
atNe III the principles on wlIcii our Institutions
esI. Smphcny aud ecoHginy 20 ilr allas Of Sfatr
ave never laeu "a cuasleu aud lnyigOlute rcpubll-
an principles, WhIIe these have been IN surely sub
cried By national pruiigailiy, under Whatever spe.
iOus prcte4ts II may haNt been introduced VI los
cred.
These considerations caunot be los upon pco-
q WHO nave htNef betH indttcnUFc ~ lac tHeCt vi
her po,cy upJu tie institutions thcy have created
u themselves; bat a Ilie present augment, ibeif
nee Is augmented by Tie Necessity WINCH de-
Teasing revenue must nnpo,t. 1Hc CHECK igtey
isea Ia ImpJrtatons o Articles subject 20 dutlcs
he derangcDrnts IA lie operations OF ihtlrnai
rade, and, especially, the feduelion gradually Va
lng place 90 our tam o datles al tend rn4lerlshy
irssen Our receipts indeed II Is probable tia!
he dnllinulOn resulting from The last cause alone,
I'D tot fall shofl Of i've millions of dollars 80 he
ear 1872, the hnal reduction ol oil duJies 10
seny per cent linen takes elect. lie RtO.e rev.
nut tbeD aecruIug tom iae customs and from ilie
iies ui pubic anus, II not more, wii undoubtedly
{ wanted Ia de!ray The necessary rApenaea cd AIe
OVernmenIi under the D"si prudent administration
ITS affairs. These are circumstances that un Ilse
Il NECESSITY Of rgii economy and require Is
roDpt AMI CONSTANT exercise Win tie Lcglsa-
ife resi- Tie power and duty Of ~ adjusting tue
uDltc expenditure To proniOle ths euI. BY Tie