New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-06-18
From the Ua,oa-
Funds for carrying on the War.
MES. S AGE

ESS AGE
Of the President Of the United States, IN anisrsr
10 Resolution of the .SsnGt< Of JRus 5, l54s
calling for information reia;ivs 10 tt1 mode ot
raising fi!nds j0r carrying on tie Var ieRa
Nexlco.
To TIC Sero,e Of ne Uniad SAT-.
In % The resolution OF the Senate OF tie 80
inst COMM nicaie herewith estimates prepared oy
the ar and Navy Departments, OF the probable ex-
penses Of conducting The existing var wiki Mexico
during the remainder OF the present and the whole
Of the next fsca! wear comm onicste also. re-
port CT the Secretary CT ,ae Treasury, based upon
these estimates. containing Recommendations OF
measures for raising the additional means required
It'll probable that the actual expenses incurred our
ing the period specified may fall considerable below
the estimates submitted which are FOX larger NUMBER
Of troops than nave yet been called 70 he neo As
precautionary measure however against any possible
deficiency estimates have been made ST TIE largest
amour, which any ,ta'e Of sne service may require
Il y De perceived from the report OF the secretary
OF the Treasury ihs: considerable portion oil me eo0
tonal amount required nsy De raised - u yoacoH
Of the Of duty imposed 81 the existing a'ia avs
The duties yresentle-iec man! articles .nta
exclude them from importation. whilst me quanutF aho
amount OF others imported are greatly ciun-
i.hed 81 reducing duties 10 revenue siaucars
i,s not doubted That large amount o! tne articles on
which ;hey ere imposed would be imported ana aco'-
responding amount OF revenue De received al Tue zee
tury from this source ~ imposing revenue uuie OF
MANY articles now permitted 10 5e imported free OF duty
and by re- the within the revenue standard
upon Others. large additional revenue will De collected
-, 1r,- ~ - hgb considerations " CT Induced
ms in u,y Animal Message 20 recommend d nodiscs
zion and reduction Of the rates Of duty imposed By 'ae
&C. Of 1912 being uot only proper in reference 70
.,se Of peace bu, Just all the great interests OF the
country the necessity such modification and reduction
as war measure mus, now De manifest Ine country
,s sad,,,nnal revsuu. for the prosecution Of the
war Il may be obtained, 20 great extent by reducing
the urohbi,ory and highly protective duties imposed oy
the existD. laws 10 rates By imposing revenue
duties on the free list and By modifying the rates OF
dn,v nm other articles
he Modification. recommended By the Secretary Of the
Treasury In his annual report in December last. were
adaned 10 state Of peace the additional duties now
suggested ny him. with visw strictly 10 raise reTsnae
AT the conclusion OF tue war ihese ou-
ties may and should be abolished, and reauceo 70 lower
rates. -. MI.
II is not apprehenoed that me e1istls WAX WIN
Will materially affect our trade anc commerce win ING
rest Of the world On the contrary Inc leducois NO
posed would increase that trade ana augment Inc
derived from IT,
When the country s in state OF war no contingency
sboud be permitted 10 occur In which there would De
deficiency IN The treasury Tor the vigorous
OF the waT and 10 guard against such an even. " Is ~!
commended that contingent autnonty De 2!'tn W H.us
treasury notes or 10 c@ntfsct osh i03 i''ieo
remoursaoe At 40 early osy. shouie 40 occasion ire
10 exercise inc power st II iay " m ~ o., H.
authority inouo eH'ss shpuiu lleIe oe ~. ~
III not Gee'heo hceesea'! ~ - 80, iS fasI
cses-the measures fecollei'rcu ue''s Yoa -, ~. ,
as means oil Increasing me revenue. IL - 1olee IN. wv
war "ith Mexico vigorously proSecuteu
ed may duration. sa be at all lines ready TO
conclude an honorable peace whenever Inc ge1'Ca w
vernmeht shan manifest ihe u.s iVs'tioi' e ,,ts
war has been rendered necessary D! lne hc VI eAso'
and whenever ihs' power shaL oe feaoF ~ 10 s as.e
we shall be prepared 70 shea'h Inc s"oru anu ,eIc u
her the olive orahch OF peace: 1Aan' n iO1-h.
Warrington, June TO- 1916
zen,
IhEAsoAf DhfAAiAh'i' ''H' 49, ''''
Sir: have duly considered the resolution OF the SEN
ate of the Sd ojune 1916 together with me estimates o;
the Secretary the Navy OF the 9th instant and OF the
Secretary o, War Of the 3h instant submitted by you 10
this department ard respectfully report 70 you ~ oo"
IL appears that the aggregate estimated expenditures
Of the War and Navy Departments lor me Hscs year.
Terminating on The 3Oh oil June lcio ano Inc oO'n Oh
June lei7 amount to So 9o2 SOi over ana ABOVE tue
estimates made by these departments IN December las
and then submitted in my annual report 10 Congress-
Ia that report supposed By this department that
upon the expenditures estimated for Of peace
there would remain on the LIST of July 1877, balance
In the treasury Of 81 332 AL OF Deduc,ing this bal
ance from the excess OF expenditures above estimated
by the War aud Navy Departments there would result
a deficiency of s $40 400
1t is believed however. that this deficiency will, from
augmented receipts accrued aud accrung for the hscs!
vesr, s,6 and ls37 be diminished four millions Of dol.
lars which would reduce tho deficit on the 10, Of July
ls4T to SIS 620 463
|, ascer,aped hv exnerjence that for the certain
nronnt and convenient psyment of the public creditors
a. Al. ,Imas .nd nice. onr exendsd terrific.
wv snd bo .unnir ~ b mini and hrs,ch nIn,s far coin
ay 800, oT ~ n;lor. NJ 6oiar. s.nscsIy dn rinp
state of must ON hand in the reasury which
would again rse the tu 10 be provided for before the
3Oth Of June ls47 10 $40 go 463
1t believed however that sum equal to IS 534 o57
OF additional may be produced by the modihcs
ton OF the Tariff herein proposed-nsmeIYt adopt as
basin the bill reducing the Tariff reported by the Commit
tee of WAYS and Means 10 cha House of natives
on the l4th of April last together with the augmented
and additional duties now proposed and enumerated in
schedule A This change OF the bill reported by the
committee omitting the fourth section would make an
addition 10 the revenue 10 be produced bv tina, bill of
! siO34O57
After very careful examination OF the additional data
which il has been In nv power 10 obtain since the month Of
February last ii nv conviction that the bill of the Com
mit,ec will produce net revenue of At leas, tweny-sx
millions of dollars If 10 This added TIC additional
ties proposed 70 be levied in schedule A. the bill of the
Committee with the modeca,ons enbraced IN tina, sched
ule would produce net revenue of $50 o34o5I. This
would make addition Of S5,53!05T the
would be produced under the the Both of August
lsi2 r. then, deduc; $685. o57 from the deficit
above estimst IL would still leave deficit of Os6 406
H. in addition to The notifications OF the Tariff above
suggested the wArehousng system were adopted a.
commended in my annual report of December last il
would make an addition ts i'll annual r.venue from,
custom. of one million of dollars which deducted from
the above deAc, would leave deficiency sin remsninr
OF Sl3Cs6, 4o6.
1t Is true that the introductios of The warehousnc
uict- diminish he rryenua dnr,nr ,ha