The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-12-07

violation Of treaty obligations whilst the punishment of
Chinese, who had committed any against Amer
can ciuzsn, would be vigorously exaced. Indeed, the
consequences might be fatal American citizens in
China, should fragrant crime be committed by any
one OF them upon Chinese and should trial and punish
nent not follow according TO the eqaislons of the treaty
This might disturb, if destroy our friendly relations
with that empire and cause interruption of valuable
commerce
Our treaties with the Sublime Porte Tripoli Tunis Moroc
co, aud Musca also require the legislation of Congress to
carry them execution, though the necessity for ne
dlate action may not be urgent regard China.
The Secretary of State has submitted estimate 10 de-
fray the expense of opening diplomatic relations with the
Papa States. The interesting political events prog
ress in these States, well just regard CONNER
es interests have IN my OPINION rendered such measure
highly expedent.
Estimates have also been submitted for the outfits and
salaries OF charges daares republics of Bolivia Qua
temala and Ecuador The manifest importance of cu,iva
tng the most friendly relations with all the independent
States upon this continent has induced recommend
appropriations necessary for the maintenance Of these
sions
recommend 10 Congress that an appropriation be made
to be paid to The Spanish for the purpose
tributIon among the claimants in 'the Amsad case"
entertain the conviction that this due Spain under the
treaty of the twentieth of October, 1885, and moreover
that from the which the claim continues
TO be urged, long it shall remain unsettled, it will
be source of irritation and discord between the
tries, which may prove highly prejudca the interests
the United States. Good policy, no less than faithful
compliance with treaty obligations requires that the in
considerable appropriation demanded should be made.
detailed statement of the condition of the finances viii
be presented in e annual report of the Secretary of the
Treasury The imports for the last fiscal year. ending
hireth Of June ISl were of the value of one hundred
and forysx million five hundred and fory-ve thousand
six hundred and hirtyegt dollars; of which the
exported eight million eleven thousand hundred
and fyegh dollars, leaving hundred and hrty-egh,
million five hundred and thmy-four thousand four hundred
and eighty dollars in the country for domestic The
value of the exports for the period hundred
and fifty eight million six hundred and fortyeight thou
sand hundred and twenty-five dollars; of which
hundred and fifty million six hundred and lhrty-seyen
thousand four hundred and sxyour dollars consisted of
and ala
hundred and fty-eight dollars Of foreign articles
The receipts into the treasury for the period
amounted to twentysx million three hundred and forty
six thousand seven hundred and ninety dollars and thirty
cents, OF which there derived from customs
wentythree million hundred and fory-seven thou
sand eight bundled and sixty -four dollars and sixy-six
cents from saios Of public lands million four hundred
and nney-eght thousand three hundred and thirty6ve
dollars and twenty cents and from incidental and mscel
aneous sources hundred thousand five hundred and
seventy dollars and 6fyone The last fiscal year
during which this amount received embraced five
months under the operation of the tariff act of S42 ard
months during which the tariff act of 1886 was in
force During the five months under the act of 1912 the
received from customs was million eight
hundred and ortytwo thousand three hundred and six dol
lars and ninety and during the months under
the act of 1916 the amount received was htocn million
nine hundred and five thousand five hundred and fyseven
dollars and seventy.six cents
The nett from customs during the year ending
the first OF December 1886 being the last year under the
operation Of the tariff act Of lS42 was twenty-five million
nine hundred and sevenyone thousand four hundred and
three dollars and cents; and the nett from
during the year ending the first of December S
being the first year under the operation of the tariff of
1896 about thirty.onc million FIVE hundred thousand
dollars being increase Of for the first year nne
the tariff act Of 1876, of more than eight million five hun
drcd thousand dollars that of the last under the
tariff of 1912.
The expenditures during the fiscal year ending the
threh Of June last, 6y-nine million four hundred
and hfy-on thousand hundred and seventyseven dol
lars and sxty-fye cents Of which three million five hum
dred and twenty-five thousand and eishytwo dollars and
thry-sevea cent was on account payment of principal
nrH of
deemed and not funded. The expenditures, exclusive Of
payment of public debt, ffty-fve million nine hun
dred and twentynne thousand and ninetyve dollars and
twenty-eight cents tt a
1t that the receipts into tho treasury for the
fiscal year ending the thrticth Of june l84S, including
the balance the treasury the first of July last will
orty.two million eight hundred and eighly-six
thousand Eve hundred and orty-fve dollars and eighty
cents, of which hirty-one million, it is estimated, will be
derived from csos three million five hundred thousand
from the sale of the public ands four hundred thousand
from incidental sources including sales made by the Soc
tor of the Treasury and six million hundred and cgh
tyfvc thousand hundred and ninety -four dollars and
fifty five cents from loans already authorized by law which,
together with the balance in the treasury the first of July
last make the estimated.
The expenditures for tho PERIOD if pence with
Mexico shall not be concluded, and the army shall be in
creased as is proposed, will amount including the neccs
sary payments account Of principal and interest Of the
public debt and treasury notes. ftyeight million six
hundred and fifteen thousand six hundred and sixty dol
lars and seven cents.
On the first of the present month"; the of the pub
lie debt actually incurred, including treasury notes. was
foryfve million six hundred and fifty nine thousand six
hundred and ffy-nine dollars and forty The public
debt due the fourth of March, lS45, including treasury
notes, seventeen million hundred and eighty.
eight thousand hundred and ninetylne dollars and
and consequently the addition made to the
pubic debt since that time is twenty-seyen million eight
hundred and seventy thousand eight hundred and ynhe
dollars and scventy-eight cents.
OF the loan of tweny-thrce millions, authorized by the
act of the wenyeghh of January l847 the Of fse
millions paid out to the public creditors, exchanged
par for specie; the remaining eighteen millions
offered for specie the highest bidder below par, by
advertisement issued by the Secretary of the Treasury
and pubished from the ninth Of February until the tenth
April lS47, when it awarded tho several highest
bidders, at premiums varying from oneeighth of per
cent to two per cent above par The premium has been
paid into the treasury and the awarded deposited
specie in the treasury fast it required by the
wants of the government.
To meet the expenditures for the remainder Of the
ent and for the next fiscal year. ending the hrtchd
June, l849 further loan aid Of the ordinary revenues
OF the government, will be necessary Retaining sufficient
surplus in the treasury the loan required for the remainder
of the present fiscal year will be about eighteen million
FIVE hundred thousand dollars If the duty and cot
fee be imposed and the graduation Of the price Of the public
lands shall be made early period Of your session.
recommended, the loan for the present fiscal year may
reduced to seventeen millions Of dollars The loan may
further reduced by whatever of expenditures can
be saved by military contributions collected in Mexico
The most vigorous for the augmentation Of these
contributions have been directed and very considerable
sum 10 expected from that Its cannot how
ever, bc calculated with any certainty. II is recommends
that the loan to be made be authorized upon the same
TERMS and for the came time, that which authorza
under the provisions of the of the twenty Of jan
uary lS47