The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-01-27
INTERESTING EXTRACTS
FROM THE
FOREIGN PAPERS
RECEIVED BY THE
8 T e A n HIP HlBE MA,
NEW YORK HERALD OFFICE.

NEW YORK HERALD OFFICE.
American Analrs Abroad--The President's
Message, and Gun Cotton.
From the London Times Jan. IL
The Presidents Message. if not quite endle pro.
duction as that which we described few days since,
that scale which marks everything from the gion
Of the Mississippi and the Missouri the Niagara and the
Medits raneanke lakes by which it is fed For this
readers ore prepared. Whenever they the
paper, instinct tells them that another Boston
packet has in and President is delivered Of his
annual burden There was one feature Of the Message
view with undated surprise. In broad-sheet,
the first and foremost subject the Mexican war,
occupies The former ia q matter of terri
tory O! International difference The latter Is world
iy tserested in the degree Of bsrslty and enSnsss
Nth which the United States their resources to
f wsn 'ntr m.,f r o. s
BILE. II is true that the Americans themselves more
momentous issues In that war The Rio Gr:nde they
explains the extravagant length Of the chapter Next
can sGss Hence this ntoerable burden Of sack this
wonderful a. is dSposss W. viii gsniiy say
that muah a. our hopes concerning the commercial
transparent character Of Mr. websers agitation, they
are amost equally depressed by the place and the
opponent than Mr.. Polk for our ally.
The fact is Mr. Polk has almost put himself hors de
ritoria aggrandzementto which he has sold himself in
capsctates him for where high and generous
eaqrsd hs dsS
Texas has spOt the morale of the States The invaders
Of Mexico are OF blood. They are the men to
build the temple Of peace There is tho blot in their
sscocheon. Through that joint in their armour the
dvsrhsh mopopssts Of New England can smite the
giants Of the Union But 1t not simply the national
egotism of his that dsables the President from
really eHsctual patronage The supporters Of the Next
have allowed themselves to derive strength,
numbers and enthusiasm from the private views Of the
southern members of the Union. A numerous faction
has Opgea for Texas and for Mexico too merely
ada stars their national flag but to gain psrsens
In the Congress- Texas has been desired equiPoise
to New England great and most delicate internation
al questionable right Of fostering rebellion in the pro
vhoe Of friendly neghor OF encouraging to assert
ito independence without even decent interval to take
over to make way for the mutual jealousies of the
federated States and the feuds Of faction Mr. Polk put
bis foot into all this and canno, now whdraw What
ever he may be as statesman he has lost himself for
political morality.
rits pr is direct and material consequsn-
es serious obtaeis free trade War must be support
cd by rapine in shape another. whether by the
violent plumber ofthe country involved in the focus of
hesities, or by uniform disraint on the pro-
perry ofhe whole community in the shape of taxes
The American Congress is now asked to procure fur
Their loau Of $ss 900 o0o in addition about an equal
sum already spent OF course new taxes to be i'm
posed They are to be war taSes-a term which pro-
misses more for their indscriminate aud Injurious
character than does for their speedy repeal Revenue
duties - be imposed of the articles now EN-.
braced in tho Tree list Mr.. Polk expresses hope that
duties shall have to exist they will be repealed
and to that extent the creation of public debt will be
avsiesd. Now even in England we know the value Of
these hopes. In the United States there is bitter
sssravation Of the difficulty. The moment the choice
of.xes meoted then the fatal question: coeval
with the first struggle for American independence. On
ordinary principles duty tea is the only meet
the ease is the only that will strike perfectly fair
fhreushoa The Union his he only that will not be
preetrs and DiH not tar oil the rest for the benefit of
The North Eastern States But it Is almost contrary to
the constitution itset-certainy to the temper Of the
ITpin Wa haua tkaNo ol..x
fair customs duty at all likely the But
legislative struggle between the partsans of moderate
res is almost equivalent to separation Of the Union.
With 10 damaged position, it would take than
ordinary wisdom and eloquence for the President to
make a good fight for free trade We bound to ad
init the ability and force with which he treats it, With
condemnation worthier Of Lace ,emon than Washing.
ton he embraces not merely the gensraties but the
history OF the question This passage of the address
might be circulated with advantage from continent to
continent and ocean to ocean. But the tone, az we
yesterday observed, is def Give II exhibits the temper
of faction One is almost staggered to find ephets
angry, and censures so appant, in the mouth Of
reign. In his resume of the British free.trade
trovsrsy, he very coolly assumes the most selfish
motives to have constituted the spring and vitality of
protection We almost driven to fight for the pat
ristsm OF old friends at IL New Bond str eet, when
stranger utsreres rudely in that pretty little quarrel
However at least allowed the glory Of having set
example to the world and il some of counrym
harshly described they share the fate of Mr. Folks
fellow citizens, and OF all who have the misfortune
10 have mado fortunes in trade. Think of mighty
polsntse speaking thus Of any under his authority
Those employed in agriculture mechanical pursuits.
commerce and navigation were compelled to contribute
from their substance TO swell the offs and overgrown
wealth Of the comparatively few who had invested their
proportion to the value Of the articles upon which they
were imposed but widely departing from this just rule
articles luxury and high price and the heavier taxes
those Of necessity and low price, consumed by the
great mass Of the people II was system the inevitable
effect OF which was to relieve favored classes and the
wealthy few from contributing their Just proportion for
the support OF and to lay the burden the
labor OF the many engaged in other pursuits than manu-
"a system unequal and unjust has been superseded
by the existing law which imposes duties not for the
benefit or injury OF classes pursuits but distributes
and far practicable tqnalizes the public burdens
among all casses and occupations The favored classes
VINO, under the unequal and unjust system which has
been repealed have heretofore realized large profits and
many amassed large fortunes the Of the
many who have been made tributary to them will have
reason to complain they shall he required to bear
their just proportion Of the taxes necessary for the sup
port of government"
After this, protectisnists may consider them
selves very well let off is, however good sign for
ruler to sgmatse any class of his nation Power is
gracious not the instinct OF rulers either TO punish
or abuse II is because Mr.. Polk is only citizen and
very insecure in his present pre- eminence that he
adopts the language OF weakness.
Tho Defaulting states OF America.
To THE EDITOR OF THE LONDON TfMrs--
sirI saw letter in The Times ON the 9th of Decem.
Der, from Suffering Holder of Florida Bonds - who
statRg the hardshps Of his own case smoke also of
tho debts OF other States Of tho American Union Among
them he mentioned Mississippi and Pennsylyania as
having made efforts to restore their credit Rein1 a
sufferer by the bad conduct of Mississippi was
led 10 hope that something had at length done by
that State but am sorry TO learn, enquiry that your
correspondent in mistaken.
Pennsy hes resumed payment Of the interest on
her debt and the holders of her stock have received
their dividends regularly since February ls45 the
stain OF dsgraceful reputation rests ss black
upon Mississippi.
find there Is much dispute to the degree of dscre.
in attaching to the United States generally, from the
pay ment OF debts by many Of the States Some Ameri
can gentlemen with whom have spoken in my recent
enquiries, complain loudly of the sweeping condemna
ton OF oil for the fault Of few which appears some
times N the English papers and they say that they are
unjnsty magned certainly appears that there Is not
in this country generally accurate knowledge Of oil
the facts, and there really instances In which good
faith has been observed under circumstances OF consde
rsble difficulty, in Ohio II Is, therefore, unjust
condemn them all Unfortunately. But tho other
hand the cases Of several bad that is impossible