Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1841-06-12

immense region which stretches from the
base of those mountains to the mouth of
the Columbia river about 270,OO0,OOO of
acres, coded and unceded, still remain to
be brought into market. We hold out to
the people of other countries an invitation
to come and settle among US as members
of cur rapidly growing family, and for the
blessings which we offer them, we require
of them to look upon our country as their
country, and TO unite with us in the great
task of preserving our institutions and
thereby perpetuating our liberties. No
motive exists for foreign conquests-we
desire but to reclaim our illimitabe will
derness, and to introduce into their depths
the lights of civilization. While we shall
at all times be prepared to vindcate the
national honor, our most earnest desire will
be TO maintain an unbroken peace.
In presenting the foregoing views, I can
not withhold the expression of the opinion.
that there exists nothing in the extension
of our empire, over our acknowledged pos
sessions, to excite the alarm of the patriot
for the safety of our institutions. The
Federative system leaving to each State the
care of its domestic concerns, and devolv-
ing on The Federal Government those of
general import admits in safety of the
greatest expansions; but at the same time,
deem it proper to add, that there there
will be found to exist at all times, an i'm
perious necessity for restraining all the
| functonaries Of this Government within
the range of their respective powers,
thereby preserving just balance between
the powers granted to this Government
and those reserved to the States and to the
People.
From the report Of the Secretary Of the T rea.
sury you will perceive that the fiscal means, pre-
sent and accrung are sufficient to supply the
wants OF the Government the current year. The
balance in the Treasury on the 18th of March
last, not covered by outstanding drafts, and ex
| elusive Of trust funds, is estimated at $500 000
This includes the sum Of $215, 900 deposited in
the mint and its branches TO procure metal for
coming and in the process OF coinage, and which
could not be withdrawn without Inconvenience
thus leaving subject to draft, in the various de-
positores, the sum Of $645,000 BY virtue OF
two several acts Of Congress, the Secretary OF the
Treasury was authorised to issue, on and efter
the 4lh day OF March last, Treasury notes 10 the
amount Of $5,413,000, making an aggregate of
available funds on hand Of G,05s, 900.
But this fund was cbsrgeable with outstanding
Treasury notes rec. enable in the current year,
and interest thereon to the estimated amount OF
s., ESQ, 900. There is also thrown upon the
Treasury the payment Of large amount OF de-
mands accrued in whole, or in part, in former
years, which will exhaust the available means OF
the Treasury and leave the accruing revenue, re.
duced as it is in amount, burlhened with debt,
and charged with the current expenses Of the Go.
vernment.
The aggregate amount OF outstanding appro.
priations, on the 4lh day OF March last, was
$50, 429,6l6 40, OF which 24,2lO, 800 will be
required during the current year. and there will
also be required, for the use Of the War Depart.
ment, additional appropriations 10 the amount OF
$2,51l.l32 SO, the special objects OF which
will be seen by reference to the report Of the &c.
cretary at War. The anticipated means OF the
Treasury are greatly inadequate 10 this demand
The receipts from customs for the last three guar.
ers Of the last year and the first quarter Of
present year, amount 10 100000 dolars-
The receipts for land for the same time to So.
I42,43 90, showing an average revenue from
both sources Of $l,236, $40 per month grad.
ual expansion of trade, growing out Of resto
ration Of confidence, together with a reduction
in the expenses Of collecting and punctuality on
the part Of cllecting officers may cause an add-
ton to the monthly receipts from the customs
they are estimated, for the residue Of the year.
from the Sd Of March, at 100000 The re-.
ceipLs from the public lands, for the same time,
are estimated at 2,500,00 and from miscella
neous sources, at 10000, making an aggre-
gate OF available funds within the year Of 15,.
SIS, 900, which will leave a probable deficit Of
II ,406, 1872 SO. To meet this temporary pro-
vision is necessary until the amount can be alb.
solbed by the excess OF revenues which are anti
cipated 10 accrue at no distant day.
There will fall due within the next three
months, Treasury notes Of the issues Of 1910,
including interest, about 2,950,O00 There is
chargcable in the same period for arrcalages for
taking the 9th census, $4,000, and the estima-
ted expenditures for the current service are about
8, 100000, making the aggregate demand upon
the Treasury, prior TO the first Of September next,
about II 100000 dollars.
The ways and means in the Treasury, and es-
!, timated TO accrue within the above named period
consist Of about GOA 600, OF funds available on
2Slh ult on unissued balance OF Treasury notes,
authorised by the act OF 1871, amounting to 1 =
655, 900 and estimated receipts from all sources,
of S8,SGl,00 making an aggregate of about
$3.50 900, AID leaving probable deficit on the
first of September next, of 4,845,OO0.
In order to supply the wants Of the Govern.
ment, an intelligent constituency, in view OF
their best interests, will without hesitation submit
!, to all necessary burthens. But it is, naverthe-
less, important SO TO impose them as to avoid de-
(eatng the just expectations Of the country grow.
ing out Of rc,existing laws. The act Of the
% March 1888, commonly called the Compro,
mise Act should not be altered, except under VI.
trni haIin ct !, IL