Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1844-11-27
From, The N. Y Herald

10. From The ". Y Herald
HIGHLY IMPORTANT FROM WAsHINGroS
-NlovEMENTs ,uF THE ADMINISTRA
TIoN DURING THE APPROACHING Cos
GREss.
We have received some intelligence from
private correspondents al Washington of
rather an Interesting character, relative 10
some important movements which are
contemplated by The present administra
ton, growing oul OF The recent elections
throughout The country, and the verde, of
| Ire people on the questions al issue before
them. .
We learn that the President and Secre
iary of State consider the election of Mr..
Polk AID defeat Of Mr.. Clay as direct
approval by the people ofrhe United States
Of all the measures. both domestic. and
foreign. with which they may he identified
during their possession Of power. Impair
,cular, Mr.. Tyler believes that 10 him aud
his friends. in n great measure. Mr. Polk
is indebted for his election. According y.
the rccen, treaty for the annexation Of
Texas, rejeclcd by the Senate-the treaty
of commerce with 'he Zoll Vcrein, also
rejected by the Senate. are considered 10
have been approved by the decision of the
people in this election, AMI they will be
renewed ar tie nexr session Of Congress.
and placed before the Senate in some
shape or other. Indeed, in relation 10
Texas, il may be a question whether the
whole subject will not he brought UP again
and placed a, once before both Houses Of
Congress. tits the purpose of the admin
istration to remodel all The commercial
negotiations With foreign nations, particu,
larly with all those in Europe or the other
paris of The world that may be rivals with
England The Zoli Verein treaty, there
fore. is merely the beginning Of a series
Of negotiations founded on the same prin
cipIes which will embrace the whole com
mercial world, with The exception of Eng
land, with whom il is supposed no treaty
can be formed. In The ven. Of any col:
! lssion taken place with Engl.,nd. growing
on, o. the annexation of Texas, oritaking
nossessiop C!rsthe Oregon territory! il is
believed by Mr.. Calhoun that the brcnk
ing up of The ,cnllon tradeSof the Snulh
with England, which migi,; be Injured
thereby in the estimation oi'some. wdGd
still be placed in nearly n similar position
in connexion,w the manufactures of The
East, provided we had treaties with all
olheF commercial countries. and thereby
could take the position of England in re-
latiun 10 the cotton trade of The world. eir.
.Anolher subject Of gfeauimportance will
also be before the cabinets and that:iis,
WHAT'S 10 be done or said about the tariff
in the next message? Aud also on other
questions whatwilI be done 2 We have
every reason to believe that new plan for.
the modification or the tariff. will be pro-
posed on somewhat somewhat similar prin-
ciple. 10 those of NJ. Clay's famous Com
promise Bill.'n'slIlamay perhaps be pro-.
poeed that a uniform dutytoflil75 or20
per cent may y5be laid: on all7 foreign com
modilies, to come into operation in six
months or year, in the place,of The pres.
.enl Tariff, and Iii lis supposed that a, tariff
Of this description would be spficientito
meet all ihe, expenditures, Ofsthe4lg govern
menl, payaheI present publcodebt,santlhe
sufficiently lprotecligesIu sAmericanstnanu:
IdctUTSS.' u NC plCS0f'uCUt 10 HUuuiIiWSIIJ
five millions. 9'hesurpIus revenue tn6& il
tfIe, banks, growing Out Of the .present afiii;
is about eleven or twelve millions-5nearly
QUE QUE halfof the $debl. Tue whple Of the
debt is. not..due for fourteen years. If
therefore, assurplus reyenueamauuliHgslo
only Iwo millidns4a a year TO meet hese
payments accrued, from a nrednced 1ariif,
il Would be eqnito sufficient tosHieet all The
purposes Of The debt, and meet also The
expenditures Oflhs government, l., ID ,.s5
Is IS There is anolher important point :lhat
will also be brought before GQn gress, and
that is a cemplete reforilinf1lhe financial
system 4ofllhe government. We should
moi, therefore; lie at all surprised 10 see
The recent ...fsGat agent" proposed: by the
President brolsh forward with some i'm
p5gosirtani 5gsi.t mod ifiealinns, and some financial
system founded anIprincip of The soundsS
csl political science, ,and,calcnlaled 10. keep.
the present banking system iIrcheck. 10 as
great an extent and more salely ,hani,
could be done by, a National Bank = What
this plan may be. we,haqeinotheard. and
cannon divine builwelhavenoidonb some
thing ofthe kind will be proposed; ss:i
ltr Gtbarf raE,rma will be4 srlrni1osPt} AZ fhe