Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1847-12-17

ties. under existing treaty siipulations, ne
recommends the establishment OF competent
tribunals by this Gorernraef,, to try and pun
lsh crimes, and to exercise jurisdiction in
China.
The most friendly relations exist between
the L. S. and the independent powers OF
S. America.
Our treaties with the Sublime Porte, Tri-
poll, Tunis, Morocco aad Museat require
The segisiauon OF Congress To carry them
! into effect.
Diplomatic relations with the Papal States
are recommended 10 be opened The in
tereStlng political moveNcHts ia progress in
these States, as well as our commercial In
| tereStS, render such measure highly eXpe-
! dent.
The payment of indemnities to the Span
ish claimants in the Amisiad case is recon-
mended.
The receipts into the Treasury the past
year lave been Ss6.3f6.79O 35-nver %
millions of this amount derived from Gus
toms. The expenditures during the fiscal
year, ending on the 30th of June last, were
S59,45i,l77 65. 1t is estimated that the
receipts for the fiscal year ending June next
will amount To $42 ,SS6,545 so. The ex-
penses for the same period, if peace with
Mexico shall not beeoncluded and the army
is increased as proposed, will amount to
SIS, 81 5000 OF. On The Isl Of the present
month the public debt actually incurred was
1865, $50 40. To meet the expendi-
lures for the remainder of the present and
tho EcooI anIi,,rr oF
June, lS49,a further loan will be necessary.
Retaining a sufficient surplus the loan re-
quired for the remainder of the present wear
will be above SlS,500,000. Ii the duty
on tea and coffee be imposed, and the gra-
duation of the public lands shall be made at
an early period of the session, as recon-
mended, the loans for the fiscal year NAV
be reduced 81 100000. They may be fun
ther reduced by the military contributions
collected in Mcxco-though TO what extent
is very uncertain. Should the war with
Mexico he continued till the 30th of June.
l749, it is estimated that a further loan of
$50 100000 will be required.
The expectations as regards the beneficial
effects of the tariff of 1916 have been more
than realized. $S,0O0,000 more have been
received into the public treasury during the
present year than the preceding, under the
tariff of 1912. The President dwels upon
this topic at considerable length. Our COM
merce has greatly increased; and great as
has been the increase of our imports the
past year, or exports of domestic products,
sold in foreign markets, have been still
greater. The only change recommended
i'll the present tariff is the imposition Of
revenue duty on tea and coffee. For the
purpose of increasing the revenue, gradu-
alton and reduction of the price of public
lands is also recommended.
Improvements in the warehousing sys-
tenn are suggested-such as may render it
still more effective and beneficial.
The financial system established by the
constitutional treasury has thus far been
eminenty successful. The President goes
somewhat into detail or this subject, show
ing the beneficial workings of this system
as compared with former financial systems.
Some slight defects, however, exist, which
need TO be remedied.
The cninihg at the mint the present year
has exceeded S20,OOO.0O0; consisting chief
~ ia tIiC CCuN vi
coin. The establishment of branch mint
in the city Of New York is recommended
The public lands is the next subject.
Among other things, the President recon-
mends that the existing laws on the subject
of pre-emplon rights be ST amended as to
operate prospectively, aid TO embrace all
who may settle upon the public lands, and
make Improvements upon them before they
are surveyed, as well as afterwards, in all
cases Whcre such settlements may be made
after the cXtinguishment of the Indian title.
The establishment ola territorial govern
ment over our possessions in Oregon is
urged. The importance Of the establish.
ment Of post routes and post-othces, and
Surveyor Generals Office, in Oregon, is
suggested.
Pacific relations are Stated 10 exist with
the Indian tribes within our limits and on
our borders.
The condition of the Naval service is re-
lcrred to, and the distinguished gallantry Of
our squadron in the gulf of Mexico, is par
ticuIarly spoken of. The addition of more
war steamers to our naval force is recon-
mended.
the condition of the Post Office Depart
ment is most gratifying. Notwithstanding
the postage reductions, and the increase Of
mail service, the revenue received for the
year will be sufficient TO pay all expenses.
Our minister at London is engaged in me-
COLLATION. with the British Government for
the purpose of adjusting reciprocal postage
arrangements, which shall remove present |!
difficulties and grounds OF complaint and be
Just to both countries.
The President concludes with remarks /.
upon the value of the Union, and the dan
ger of charactcrizng parties by geographic /
cal distnctions-No rthern, Southern, Allan !
tic and Western-whence designing men
endeGvor to excite belief that there is a
real difference of local interests and views. (.
The admonilion of Washington upon this
subject is quoted; and the President says
d" Unimportant are all our differences upon
minor questions of public Polity, compared /
with the preservation of the Union; and /
how scrupulOusly should we avoid all agi-
tatng topics which may tend to divide us
into conending parties, separated by geo.
graphical lines, whereby it may be weaken
A 4