Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1847-12-16

drawn from Tue lUIISdlCIOn, WTCTHVT CT11WHi
of the Chinese government and placed under that Of
our public fnnconaries in that country. BY these
alone citizens be tried and punished for the
commission of any crime by these alone questions
I've decided between them, involving the rights OF per
and property and by these alone can contracts be
enforced into which they may have entered with the
citizens subjects of foreign powers.
The merchant vessels Of the United States lying in
the waters Of the FIVE ports Of China open TO foreign
commerce, under the exclusive jurisdiction OF OH
GERS of their government Until Congress shall
establish competent tribunals TO try and punish crimes
and to exercise jurisdiction IN civil cases in China
American citizens there are subject TO no law whatcy
or. Grimes may be committed with impunhy ana
debts may be contracted without any means TO enforce
their payment Inconyenenccs have already resulted
from the omission Of Congress 10 lcgislae upon lhc
subject, and still greater are apprchcnded
The British authorities in China have already com
planned that this government had not provided for the
punishment of crimes, the enforcement OF contracts
against American citizens in that country. Whilst
their government have established tribunals by which
an American citizen can recover debts due from British
subjects
Accustomed as the Chinese are TO summary justice,
they could not be made to comprehend why criminals
citizens Of the United States should escape with mpu
nifty in violation of treaty obligations, while the pun
iShnCnt of the Chinese, who had committed any
crime against American citizen, would be rigorous.
" executed Indeed, the consequences might be fatal
TO American citizens in China should fragrant crime
be committed by any of them upon Chinese, and
should trial and punishment not follow according TO
the requSitiUns of the treaty. This might disturb, II
not destroy, friendly relations with that empire,
and cause an interruption Of our valued commerce.
Our treaties with the Sublime Porte, Tripoli, Tuns,
Morocco, and Muscut also require the legislation Of
Congress to carry them into execution, though the ne
cessy for immediate action may not be so urgent as
in regard to China
Tho Secretary Of ssntv iuts submitted an estimate 10
dclray the expense Of opening diplomatic relations with
the Papa States. The interesting political events now
in progress in these States well Just regard TO
our commercial interests, have in my opinion, rendered
such a measure highly eXpodicnt
Estimates have also been submitted for the outfits
and salaries of charge daas 10 the republics of Boil
va, Guatemala, and Ecuador The manifest importance
of cutvang the friendly relations with all the indie
pendent states upon the continent has induced me TO
recommend appropriations necessary for the maincn
ancc of these missions.
| recommend 10 Congress that an appropriation be
made TO be paid to the Spanish government for the
purpose Of distribution among the claimants in "tic
Amistad case" entertain the conviction that this is
due 10 Spain under the treaty OF the goth of October
1885 and, moreover that, from the earnest manner in
which the claim appears to be urged, long as it shall
remain unsettled, il will be source Of irritation and
discord between the two countries which may prove
highly peudcia to the interests Of the United states
Good policy, less than faithful compliance with our
treaty obligations, requires that the inconsidcruble APP
preparation demanded should be made.
detailed statement of the condition Of the finances
will be presented in the annual report of the Secretary
of the Treasury. The import for the last fiscal year,
ending on the Both of Jnne 1Si7 of the value of
hundred and fortysiX million and forty-fye thou
sand six hundred and hirtyeght dollars Of which the
amount exported was eight million eleven thousand one
hundred and ifty-eight dollars leaving hundred
and thirtyeight million five hundred and thirty-four
thousand four hundred and eighty dollars in the coun-
try for domestic use.
The value of exports for the same period was one
hundred and filtycigh million six hundred and forty
eight thousand six hundred and twenty-five dollars
of which one hundred and fifty million six hundred and
thirty thousand four hundred and siiyour dol
lars consisted of domestic productions, and eight mil
lion eleven thousand one hundred and iortycght dol
lars of foreign articles
The receipts into the treasury for the same period
amounted 10 tweny-siN million three hundred and for
tysix thousand hundred and ninety dollars and
thrtyseven cents of which there was derived from Gus
tDulsf rpI G1rf,f
en- thousand eight hundred and siXyfour dollars and
sXtysix cents from sales of public lands two million
four hundred and nnetyeigh thousand three hundred
and thirty-fve dollars and twenty cents and from in
cidental and miscellaneous sources hundred thou
sand five hundred and seventy dollars and ffly-one
cents
The last fiscal year during which this amount was
received embraced five months under the operation of
the tariff act of 1912, and seven months during which
the tariff act Of 1916 was III force. During the five
months under the act of 1912, the amount received
from customs was million eight hundred and for
ty-two thousand three hundred and six dollars and nine
ty cents and during the months under the act OF
1916 the amount received fifteen million nine
hundred and five thousand five hundred and ffy-seven
dollars and seventy-sX cents
The nett revenue from customs during the year end.
ing on the lsl DeesmRer 4de beng the last year nn
two million hundred and seventyonc thousand
four hundred and three dollars and ten cents and the
nett revenue from customs during the year on the first
of December 1Sl7 being the first year under the oper
alton of the tariff act OF 1876 was about thry-one
million five hundred thousand dollars being increase
OF for the first under the tariff act of 1916
of more than eight million five hundred thousand dol
lars that othc last year under the tariff act of 1912
The expenditures during the fiscal year ending on
the thTticth of June last, were fftynine million four
hundred and fftyone thousand and seventyseven dol
lars and siXtyfve cents, of which three million five
hundred and twenty-five thousand and eighty-two dol
lars and thirtyseven cents account of payment
of principal and interest of the public debt including
treasury notes redeemed and not founded, The expen-
ditures, exclusive of payment of public debt, were
ffty-fve million nine hundred and twenty-nne thou
sand and nnty-fve dollars and twenty,eght cents.
1t is estimated that the receipts of the treasury for
the fiscal wear ending the Both of June, 1S4S incu
ding the balance in the treasury the first of July
last, will amount to torty-tWo million eight hundred
and eighty six thousand five hundred and foryive dol
lars and eightycents, of which thrtyone million, it
estimated will be derived from customs; three million
five hundred thousand from the sale of andsfour hun
dred thousand from incidental sources, including sales
made by the Solicitor Of the Treasury, and six million
two hundred and eighy-fve thousand two hundred and
nneyiour dollars and lyfive cents from loans already
authorized by law, which, together with the balance in
the Treasury the first of July last make the sum
tima,ed.
The expenditures for the same PERIOD if peace with
Mexico shall not be concluded and the army shall be
increased as is proposed, will amount including the ne
cessary payments on account of principal and interest
of the public debt and treasury notes. 10 fftyeigh
million six hundred and fifteen thousand six hundred
and sixty dollars and seven cents.
On the first Of the present month, the amount q the
public debt actually incurred including treasury notes
iorty-fve million six hundred and ffy-nine thousand
and fitynine dollars and forty cents The public debt
due the fourth of March, 1915 including treasury
notes, seventeen million seven hundred and eighty
eight thousand hundred and ninety-nne dollars
and sxty-two cents; and consequently the addition
made TO the public debt since that time is twcntyseven
million eight hundred and seventy thousand eight hun
dred and iilly-ninc doeTs and seventy-eight cents.
OF tha loan oftwenty three millions, authorized by tho
Of the of January, le47, the If FIVE
millions paid the public creditors, exchanged
70. specie, the remaining eighteen millions Of
issued by the Secretary OF the Treasury and
published from the ninth OF February until the tenth Of April
IS47 when awarded tho several highest bidders,
premiums from eighth Of one to
above par. The premium has been paid into the
ury awarded deposited in specie the
~ fast required by the wants of the
To the expenditures for the remainder of the
and for tho fiscal year ending The thirteenth Of June
1919, further loan, in aid of the ordinary of the
government. will be necessary Retaining sufficient
plus Treasury, the loan required for the remainder
the fiscal will he about eighteen millions tive
hundred thousand dollars.
If the duty coffee be imposed, and the gradun
tion prices of the public lands shall be made
early period session. recommended the loan for
tho fiscal yeu may be reduced to seventeen millions
of dollars The loan may be further reduced by whatever
ofexpendues be saved by military contributions
collected in Mcxlro.
The vigorous for the augmentation of these
contributions have been directed and very consider sble
sum expected from this lis however
be calculated with any certainty is recommend
that loan be made be authorized the
terms, and for the time, that which authorized
under provisions of the of the yeisht of Janu
AIRY, ls47.
Should the with Mexico bo continued until the Thrift
June ls49 i. is estimated that further lour of
million hundred thousand dollars will be ,equrGd ioI
the fiscal ending that day. in duty he impos