The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-06-22


,.,,tsd or not. a state of war existing along the
sIhaIs so.st az North America, and inleTpplng the
y, commercial relations both Of the United states
"a of Mexico with other countries, as well as WIN
s.ch other IL position Of affairs fraught with dan,
ser IN the general peace OF The world we sho
sVsit with anxiety the measures which may DC a"-
ticioated from the Mexican and American govern
ments with reference TO these maritime questions
and. as a proper precaution, we hope the Brush
souadroD in the West Indies will at once be rein
forced Without any direct interest IN the disturb
ed and declining affairs Of Mexico, and without car
ing in the slightest degree what form OF government
exists in that country since none can be worse 'ia
the military anarchy which has existed tnere io' 'e
last twenty years there are important brhsh uhuei-
takinss and nyestments in Mexico, which nave IRE
ouently hoen the subject Of communication between
The two Governments and which cannot now DC
left unprotected. Nor can we be ollhd 10 me Iaet
that the Americans are, 10 use an expression Oh
their own, about TO fight the bettie OF Oregon IN
TEXAS and that the same passion which ~ now
launching in full career against their weakest neigh
nor will ere long inete the most stirring portion OF
the American people 10 lay hands upon the Ameri-
can possessions Of the British crown. This, then,
Is the time to prepare for resisance-hrm, absolute
resistanee-to pretensions which are incompatible
with the safety Of neghborng States or the peace OF
the world.
The English Corn-iaws.
The committee on the corn DHl III tiousc VI
Lords is fixed for the llth Of June, and as there II
no doubt whatever Of the result il is probable that
The discussion will not be long, either at that stage
or on the third reading. IL is very undesirable tha'
il should be 30, for the scandalous delays IN the
House Of Commons, produced by the faeuouS con,
duct Of Lord Geo. Bentinek, and other members Of
the same class have caused foreign corn TO accumu-
late in bond TO an extent which must produce
great effect prices, especially as the whole OF II
will come out within month or six weeks OF the
next harvest Had il not been for the shor.sighted
folly Of these pretended friends OF the farmer, the
corn bill would have been passed from two to three
months earlier than IL now can, and the greater
part Of the foreign surplus Of last year would
have been consumed before the corn OF the present
wear was gathered. IL the farmers OF this country
are subject the inconvenience Of having 2,O0O,OOO
quarters Of wheat and wheat-hour poured into the
market about six weeks before harvest, and 10 the
still greater Inconvenience Of having the surplus OF
two years introduced into the market in one, let
them not throw the blame upon those who have
been laboring since November last TO liberate the
supplies Of last year they arrived, but on those
who have made them accumulate to their present
magnitude, and have suddenly discharged them into
the market at the worst possible time for the British
farmer.
The ENGLISH BuDGEr.-The Chancellor of the
Exchequer brought forward his financial statement
for the ensuing year in n committee OF ways and
means the chief points of which were to the follow
ing purport last year an income Of 9,76O,OOO
had been anticipated, but the amount realized was
over $50, $50, 000 independent Of the money from
China strong proof OF the beneficial policy OF
reducing protective duties. The only great source
Of income which had declined was that Of the
property and income tax; but even this declensIon
was TO be attributed to repayments made TO par
ties who were entitled 10 such returns of money
previously paid into the exchequer. He might take
The receipts OF the ensuing year at ESQ 900 00O and
al. nQn in nd
Lowing surplus over 81 $50 900. The customs pro-
duced last year fl9, 100, 900. A reduction of du-
ties had however, taken taken place to the extent Of
flO4l,OO This reduction, however, he hoped
would be counterbaanced by the increased con-
sumption which might not unTeasonably be expect
ed IT, therefore, they took the loss at twoffths OF
the whole sum repealed, the amount wsuld be about
f400 000 leaving the amount TO be anticipated from
the customs at fl9 300 000 He thought that the
trade Of the country in such progressive state
Of Improvement, that they might calculate upon an
increase which would leave the sum to be really an
rcipated from the customs after these reductions,
a, fl9 800 600 In the excise there had been also
large reduction last year. leading to certain amount
Of loss; but although duties had been altogether
repealed, the duties fell only 100000 below what
they had been in the previous year. He anticipated
from the stamp duties about tt 400, 900, being
about f260 900 less than last year, the deduction
being estimated to accrue owing to less transactions
in railways. The assessed and land taxes he would
take at ~ go 000 and the property tax at the same
amount last year, &5, 100000 In the post office
department there had been large increase of rev.
enue, but he would take at 1850 900 for the ensuing
year, being an increase of only eco 900. Including
the revenue from the crown lands, the total receipts
would be ESQ, 955, 000 to which might be added a
further sum of over 100000 from China. The
total result would be that the estimated income of
the country for the ensuing year would be, in
round numbers, Isl $50 000 while the expenditure
80
nearly S2, zoe, OO0a surplus nearly equal to that OF
the preceding year. notwithstanding all the reduc-
tons, in both customs and excise, which had
been carried out. There were, however, Ger.
tain additions to the establishment of the coun-
try, and more particularly in the naval department
and the armament of our shipping, which would APP
proprate a considerable port. on of this surplus The
charge for the debt last year c2S, 200, 900; this
year it only S2S, 100, 900; but this advantage
was counterbalanced by the increased charges on the
consolidated fund, arising from the advances requi-
site TO be made for the promotion OF pubic works
in Ireland. There was increase in the estimates
for the navy compared with those of last year, OF
bet Seen FIVE and.six hundred thousand pounds; in
the ordnance ertmates there was an increase OF
about 9400, 900, which, with the additional charges
in the miscellaneous estimates, would make total
charge Of about E20, 1913 900. This, added to the
charge for the public debt &c, would give total
expenditure of over ESQ 100 600. The result would
be, that there would be surplus of only cts 900,
of which e700, 900 was derived from China. The
right honorable gentleman proceeded to show the
advantages derived by the country from the policy
pursued by the present government, which had not
only placed the finances of the country upon firm
and substantial basis, but which had, while reducing
customs aud excise duties in every direction actu-
ally reduced the expenditure by one million and a
half In 1912, when they entered office, the
charge on the consolidated fund for the Interest OF
the debt, &c. was coo ,567 900, while for this year
it would not exceed the sum of g28 10000, diff
ference Of no less than FL ,436 900. 1t was true,
that in the shape of property tax &c, the govern
ment had imposed burdens to the extent of Is, 500,
600; but on the other hand, they had reduced Gus.
toms and excise duties to the exten, of over
9S,a00 900, which left balance Of reduced taxes to
the amount of over e., 100000, and all these results
from which ths country had derived such essential
benefits, had been brought about without the slight
est arrangement Of any Of the great interests of the
country. The right honorable gentleman concluded
by moving the usual resolutions.
CANADA.--In Parliamentary document recently
issued, correspondence between the governor OF
Canada and Mr.. Secretary Gladstone is given re-
specno the corn ws and the timber duties also