Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1840-12-17

piicate negotiations involving the territorial
rights oil a State, that | thought it nv duty.
as you have been informed on previous oc-
caslon, to propose to the British Government.
through It's minister at Washington, that ear
~ steps should be taken to adjust the points
OF difference on the line of boundary from the
entrance OF Lake Superior to the most north
western point OF the Lake Of the Woods, by
the arbitration of a friendly Power, in confor-
mity with the seventh article of the treaty of
Ghent. No answer has yet been returned by |
'he BRITISH government to this proposition.
With Austria, France, Prussia, Russia. and |
the remaining Powers of Europe, am happy |
10 Inform You our relations are of the most
friendly character. With Belgium, a treaty |
Oh commerce and navigation, based upon lib |
erai principles reciprocity and equality, was |
concluded in March last, and, hayinp
been ratified by the Belgian Government. viii |
he duly laid before the Senate. 1t is a sub |
Ject OF congratulation that it provides FOR the
satisfactory adjustment of long standing
question OF controversy thus removing the
only obstacle which could obstruct the friend
~ and mutually advantageous intercourse be-
tween the two nations.
messenger has been despatched with the
tanoverlan treaty to Berlin, where, accord
ing to stipulation, the notifications are to be
exchanged. am happy to announce to you
.Hat, after many delays and difficulties,
treaty oil commerce and navigation between
the 'nited States and Portugal, was conclu-
ded and signed at Lisbon, on the Goth of Au
gust last, by the penipotentiares of the two
Eovernments.-lts stipulations are founded
upon those principles Of mutual iberality and
advantage which the United States have al
ways sought TO make the basis of their inter
course with foreign Powers, and it is hoped
Al tnnI
commercial intercourse of the two countries
Under the appropriation of the last session
Oh congress, an agent has been sent to Ger
many, Tor the purpose Of promoting the inter
ests OF our tobacco trade.
ne commissioners appointed under the
convention Tor the adjustment of claims of
citizens OF the United States upon Mexico
having met and organized at WASHINGTON. i'm
august last, the papers in the possession of
'"e government, relating to those claims.
were communicated to the board. The claims
NOT embraced by that convention are now the
subject OF negotiation between the two Gov
ernnents, through the medium of our minis
ter at Mexico.
Nothing has occurred to disturb the liar
mony OF our relations with the different Gov
erhments OF South America. regret, how
ever, 10 be Obliged to inform YOU that the
claims OF onr citizens Tpon the late Renublic
OF Colombia have not yet been satisfied bv
the separate Governments into which il has
been resolved.
The charge d'an'airs at Brazil havinn expres-
sed the intention of his Government not to
prolong the treaty of 1898, it will cease To
ne ooligatory upon either party on the 10th
day OF December, lS4l, when the extensive
commercial intercourse between the United
states and that vast empire will no lonrcr be
regulated by express stipulations.
1t affords me pleasure to communicate to
you that the Government of Chill has entered
INTO an agreement TO indemnify the claimants
In the case of the Macedonian, for American
property seized in 1919 and to add. that in.
formation has also been received which iusti-
hes the hope OF an early adjustment of the re-
manning claims upon that Government.
Inc commissioners appointed in pursuance
OF the convention between the United States
ana leXas,tor marking the boundary between
them, have, according to the last report re-
ceived from our commissioners, SURVEYED and
established the whole extent of the boundary
north along the western bank of the Sabine
rlVer, from Its entrance into the Gulf of Next
co 10 the thirty-second degree of north lati-
tude. The commission adjourned on the 10th
OF June last, to re-aSScmble OF the LIST of No
Vember, for the purpose of establishing accu-
fateiy the intersection of the thirty-second de-
gree OF latitude with the western bank of the
SABINE, and the meridian line thence to Red
RIVER: 1t is presumed that the work will be
concluded IN the present season.
| The present sound condition of their finn,
ceS, and the success with which embarrass-
mcnts III regard to them, at times apparently
ihsnrmountable, have been overcome. are
matters upon which the people and Govern
ment OF the United States NAV we'll conrr,t
uia'e themselves. An oyerflowino treasury
however 1t may be regarded as an evidence
OF Puoiic prosperity, is seldom conducive to
'he permanent welfare Of any people; and ex
Perience has demonstrated its incompatibiIitv
WIN tne sanitary action of political instit,i
lions ike those of the United States. Our
safest reliance for financial efficiency and in
dependence has on the contrary, been found
TO exist In ample resources uuincumberod
with debt; and, in this respect the Federal
Government occupies singularly fortunate
and truly enviable position.
w hen entered upon the discharge of nv
| othciai duties In March, 1887, the act for the
distribution OF the surplus revenue was in
course OF rapid execution. Nearly twenty
ei9h' millions otdolIars ofthe public MONEYS
were Id pursuance OF its provisions, deposit !
teu WIN the states In the months of January, |
april ana July, OF that year. in Nav there |
occurred general suspension Of specie pay
inents by the banks, including with very few |
exceptions, those in which the public rnoneys
were deposited, and upon whose fidelity tho |
Government had unfortunately made itself |
dependent for the revenues which had beon
collected from the people, and were indispen-
sable TO tue public service.
This suspension, and the excuses in hank
ing ana commerce out Of which it arose. and