The New York herald., 1845-12-10

Wouiu eroato we nave within our limits the greatest
gulator Of the pefcs Of nations placed by Supreme
Power in the hands Of intelligent and enlightened
people lis fortunate for the world large that this regu
latng power consigned the hands people possess
Ing almost boundless territory enjoying every variety
OF climate and production and without endless ab-
ton to extend their lmitsbut, the contrary claim.
ing but what Ia rightuly their and having dis
position TO interfere with tho governments Of Europe
there nodanger Of this power being used sggrandse
the country or to make use of for any ether purposes
than those connected with commerce We aude TO our
great staple cotton and the importance of its culture to
the world We almost monopoliz the cultivation of this
voluaole staple and the manufacturers Of Europe de-
pend upon supplies from this country to keep their ma
chinery and their operatives in active employment
Every country in Europe has deep interest in the
nuance OF peaceful relations between the United States
and Great Britain. France, Germany, Russa, Spain
and all the tsnaller powers of Europe cannot look on
the increasing political difficulties between the two
countries named with indiference-and from this fact
alone there is possibility that at the last moment
after all negotiations have failed some mediator may
come forward and arrange the dispute upon amcable
terms.
Whatwould become OF the many millions in Europe
that depend upon constant and steady employment at
the shuttle and the loom for Just sufficient food TO keep
soul and body together, and sufficient clothing hide
their nakedness? What will be the fate Of these poor
aborers If deprived Of the material to give them
work, when, under the favorable circumstances
they hardly kept from starving With these things
in view war with the United S ates becomes mat
ter OF the most serious consideration if for no further
object than the probable result such contest within
the limits of the United Kingdom. The supremacy o.
Great Britain manufacturing nation, would in the
event of war with this country, be forever lost
Other countries making rapid strides in manufacture
ing, and England only maintain the position she
now occupies, by encouraging the liberal systems
OF commercial intercourse and by the peIfectng tho
most reduced tariff between her kets and those of
the world Great Britain has reached her eliminating
poinher progress is no ger upwardthe zenith of
her glory has been realized and now on the wane AL
though she undoubtedly possess the of war TO as
great and perhaps to greater extent than any other ma
ton in the world she has not the power to subdue or
check the progress OF the nations surrounding her. With
all ner advantages they Offset by the dsadv
contest with the Uniied States would produce we are
never prepared for war-never giving any just cause
We rely upon our natural for aid and support
Our materials for offensive and defensive action
gagged in peaceful employmens until hoses actually
commence, when they rise in immense force and
directed with the same energy in repelng invasion
previously exerted in cuvatng peace and good will to
all rupture with Great Britain would at this time be
popular one with the masses OF this country Several
disputed questions between this country and Great Br
tain have been settled in a contrary to the
wishes Of the people, and the feeling Of dislike Great
Britain has attery become powerful that the govern
ment cannot submit to any glaring compromise upon
the Oregon any other question that may hereafter be
in dispute.
According to the message of the Governor Of Indiana
the ordinary expenses Of the government for the fiscal
year ending the 3ls of October last were S7l 1872 90,
being S2 DAG "A less than the expenses Of the cedng
year The ordinary expenses for the year lsl6 esti
mated at s67,lOO.
The number of polls for ls45, estimating for some
counties from which returns have been received is
about o00 and the value of taxabes making similar
allowance may be stated at about Slls 500 600 This
exhibits an increase Of 5000 polls and of So 900 of
axables the returns OF s44 The whole amount of
S27l 963 &c. The of State revenue for ls45
is s3l9424 81 that for county road, school and town
ship purposes is SI3l 100 40 To which, adding the de-
nquencies of former years, amounting to $I1s5 49,
and the total amount OF for the year lS45
$500 Os7 o2.
An agent for the foreign bondh in attendance
upon the Legislature, and has verbally advised the
Governor that he will shortly prepare communication
offering liberal arrangement to be laid before the Gen.
eral Assembly. This arrangement the Governor init
mates is to the effect that If the State makes arrange
ments to pay to her bondholders by State tax, and
otherwise portion of her public debt that they would
be prepared to take the profits of the canal for the