Indiana State sentinel., 1847-12-10

cape with impuny, in violation Of the treaty of ob
cations, whilst the punishment OF Chinese, who have
committed any crime against an American citizen.
would be vigorously exactcd. Indeed the consequent
ces might be fatal to American citizens IN China,
should fragrant crime be commitIed BY any one Of
these upon a Chinese, and punishment not followed
according 10 the reuuSition Of The treaty. Ihs might
disturb If not destroy, the friendly relations with that
EMPIRE and cause interruption OF our valuable
commerce.
Our treaties with the Sublime Porte. Trpoi Tu-
MIS- Morocco and Tuscan also require the legislation
of Congress to carry them into execution though the
necessity for immediate action may not be so urgent
as IN regard TO China. The Secretary of State has
submitted an estimate defray the expense OF open-
ing diplomatic relations with the Papa States. The
interesting political events IN progress in these
States as well as our commercial interests, have rem
dered such measure highly exPedient Estimates
have been submitted of outfits of charge afares To
the republic of Gueamala AID Ecuador. The mani
fest importance of cultivang the most friendly rela-
tions with all the independent States Of this continent
has induced me to recommend appropriations neces-
sary to the maintenance of these missions.
! recommend to Congress that appropriation be
made be paid to the Spanish government, 10 be dis
trbuted among the claimants In the Armistad case.
entertain the opinion that this Is due to Spain under
the treaty of the 10Th of October 1873; and more
over, from the in which the claim
tnue to be urged. So long as it remains unadusted,
it will be of irritation between the two coun-
tles which may prove highly prejudicia 10 the lne-
rests of the United States Good policy no less than
faithful compliance with our treaty obligations.
quires that the inconsiderabe appropriation should be
made.
A detailed statement of the condition of the finan-
will be presented in the annual report Of the Sc
cretary of the Treasury. The imports Of the fiscal
year, the 30th June. lS47, SAG, ,545 63S of
winch the amount exported was SS,Oll,l5o leaving
Sl36. .534 ,4SO In the country for domestic The
value of the exports for the period was Sl5S
Gas, ,622, of which $50 637, 464 consisted Of do
mesc productions and So Ola l5S of foreign articles
The recei into amounted to S263469l37,
of which there derived from customs S23747 s646 Co..
from sales of public lands 81 49S 90; and from nciden-
tai and miscellaneous Sources 500 5I- The last fiscal
year, during which this received embraced hve
months under the tariff act Of 1872 and months du
which the tariff of lS46 force During The
five months, under the operation of the tariff act of 1872
the amount received from customs and
during the months under the of lS46 the amount
received was SI7 9O5, ,55776
The net from customs in the year ending the
first December lS46 being the last year of the tariff
Of 1912, S22O7l ,403, and the from
TOMS during the ending December st lS47 being the
first under the operation Of the taf act Of 1885,
about 3 being increase of for the st
year under the tariff of 1885, of than 5OOOO0
over that of the last year of the tariff of 1912.
The expenditures during the fiscal year ending the 3Oh
June last $50 45l 7765; of which S3522 0S237
account of payments of principal and interest Of the pub
lie debt including treasury redeemed and not funded
The expenditures exclusive Of payment Of public debt,
: were S55 929 O952S.
1t is estimated that the receipts into the treasury for the
fiscal ending 30h June 1885, including the balance ia
the treasury the LIST of July last, will amount To 42SS6,
545SO, Of which 3 900 600 il is estimated wall be derived
from customs from the sales Of the public lands;
100000 from incidental sources including sales made by
the solicitor of the treasury, and s6s5 9495 from loans
already authorized by law, which with the balance IN the
treasury the l OF July last make the estimated
The expenditures for the PERIOD with Mex
leo shall not be concluded aud the shall not be ncTeas
e ed, proposed will amount including the pay
ments account of principal and interest Of the public
= %
On the first of the present month"; The amount Of the pub
lie debt actually incurred, including treasury notes,
S45659659 4O The public debt due the 4h March, ls45
including treasury notes. was Si'ioo.S9oE ana eonse-
quentIy the addition made 10 the public debt since that lime
S27s7OS591s OF the loan Of O9O, authorized
by the January lS47 the of 600 600
paid out 10 the public cediO for exchange at par for pe
cie The remaining SlSOOO0OO offered for specie to
highest bidders below advertisement issu
ed by Secretary Treasury published from the
9Th Of February to the 10th of April lS47, when it was
awarded to the several highest bidders at premium varying
from of per cent 10 per cent. above par The Pemi-
um has been paid into the treasury and the sums awarded
deposited in specie in the treasury, fast was needed
= by the wants of the government.
To the expenditures for the remainder Of the pre-
sent, and for the fiscal year, ending the 3Oth june
s49, further loan n aid Of the ordinary will be
necessary Retaining sufficient surplus in the Treasury,
the loan required for the remainder Of the present ca
will be about SIS 100000 II the duty and coffee be
imposed, and graduation of the public shall be
made early period of your session. recommended for
the fiscal be reduced 0O0 The loans
be further reduced whatever OF expenditures
eo The vigorous for The acquisition of these
contributions been directed, very considerable
is expected from that Its amount cannot how
be calculated with any certainty IL recommended
that the loans be made be authorized upon the terms
and for the time which authorized under the
visions of the act of the 2Sth JanuTy, lS41
Should the war of Mexico be continued until the
Both June, lS49 it is estimated that further loan Of
$40 800 600 will be required for the fiscal year end
ing on that day. in case no duty be imposed tea
and coffee, and the public lands be not reduced and
graduated in price. and no military contributions shall
be collected in Mexico. If the duty on tea and coffee
be imposed and the lands be reduced and graduated
price as proposed, the loan may be reduced to Sl7,
1900, and will be subec to be still further reduced
4 by the amount of the military contributions IN Mexi-
1t is not proposed, however, TO ask Congress for
n authority TO negotiate this Joan for the next fiscal
year, it is probable that the loan asked for the
mainder of the present fiscal year. aided by military
IS contributions which may be collected in Mexico, may
be sufficient. If contrary TO my expectations there
should be necessity for 1t, the fact will be commune
Gated to Congress in time for their action during the
S present session. In event will sum exceeding
S6OO0OO0 of this amount be needed before the meet
ing Of the session of Congress of 1913. The act of
the Both July 1916 reducing the duties of imports
has been in force since the first of December last and
am grati6ed to state that all the beneficial effects
/ which anticipated from its operation has been
fully realized The public revenue derived from Gus
during the year ending December, lS47, exceed
I ed by more than eight millions, The amount Of the
preceding year under the of 1642, and which
superseded by it. Its effects visible in the great
t and almost unexamped prosperity which prevail in
almost every branch Of business.
While the repal Of prohibtory and restrictive duties of
tine act of 1872 and the substitution in their place of
sonabe rates, levied articles imported accord
ing their actual value, has increased the and