The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-06-24
The Finances.


The " Intelligencer" of yesterday calls our aten
lion, in the body of communication, TO the suggest
lion OF its correspondent, (whom it styles sagaciouI
merchant that from the alleged drain of specie to Ne
leo for the war, and the heavy expected imports undI]
the tariff of 1916, and the fall of breadstufs may
pect arrangement Of finances next year. We viii
answer these whig predictions of evil in their order
As to the drain OF specie, by the war, to Mexico: Tn
expenses will diminish greatly hereafter, and the means
Increase The duties accrued under the Mexican tariff
as military contribution already exceed half million
in specie and rapidly augment under the pledge re
Gently given that the event OF peace, the imports shall
be exempt from any duty coniiscation. These
duties if the war continues, will furnish all the specie
required to be RENTED to Mexico and shall, time
have large exports TO the United States OF specie from
Mexico, in payment for our imports These exports are
already greater to Mexico, by actual returns than al
most any other country except Great Britain and
occupy the interior will rapidly augment trade with
Mexico (svcr being her great staple expo brings near
" the whole return in specie This specie thus brought
to us from Mexico even under her high, and in many
cases. prohbitory tariff, reached years ago nearly
nine millions of dollars in year. Under the present
very reduced duties. with all the prohibitions of imports
on specie, we should not be surprised to imports
of specie from Mexico in return for exports, reach
twelve millions per annum. The drain, them will bel
from Mexico to the United States.
As to the tariff of 1916, and the fall of breadsufs
Our principal export is cotton; and the vessel
which brings the news of fall of breadstufs from
the highest point informs us of rise in cotton more
than equivalent to the fall in breadstufs Bread
suifs, however still bring good price, and the for
egn market for them is established and especially for
Indian corn and there cannot be doubt, large i'm.
ports of goods may be- that exports including the
earnings by freight, will more than equal the imports
The "New York Journal of Commerce contains let
ter from Rio Janero, of 23i OF April, which gives the
following very erroneous account of Mr. Wises position
cit now (Aprl 2D appears that Mr. Wise has been dis
missed by his government and Col. Tod substituted in his
place. This puts different face upon the transaction As
would have been above ALL insuierable for Mr.. Wise
continue resident minister of the United States near the
government of Brazil; he being removed there no diff
cuy in adjusting the affair." and bringing it to peaceful
conclusion"
Now ii is not true that Mr.. Wise has been dismissed
by his government or removed He had requested to be
recalled before the last session OF Congress- and, Of
course before the unfortunate affair of Lieut. Davis had
occurred at Rio Jancro Our government had not appoint
ed Mr. Tod TO substitute him, until it supposed that
this difficulty with Brazil had been satisfactorily adjusted
We have private letter from Mr.. Wise, in which
he expresses himself, in the most decided manner, salts
fled with the conduct of the administration, relates to
his return to the United States.
We do not profess to know anything about the other
parts of this letter to the 'New York Journal touch
ing the relations of Mr.. Lisboa TO his government
But may venture to express the hope and belief that
Mr. Tod will restore all the amcable relations which
earnestly desire to prevail with Brazil and
not entertain doubt that they will be reinstaed
The citizens of Washington would deeply regret to
lose Mr. Lisboa from their social circle. Should he
leave u.s. but we sincerely hope it may not be SOY he
will carry with him the regrets and the respect Of all who
have the pleasure of his acquaintance.
The Presidents Tour.
From The Baltim noftb