The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-03-31

3. This is altogether y dinerent inquiry from the
other two What the actual Of the treasury
the current expenditures Of the government?
Various apparently Dfsting estimates of the con-
don OF the treasury had been made but they could be
easily reoonclsd BY referring to the object of the
treaty. making presenting such conflicting estimates
n.r. duties Mr. Phelps Ii: examination o. &.
Of the public debt presented the following
his exposition Of the subjsct:
Balance in the Treasury June So l946 $9l26OoO
Loans and treasury notes, is4s-7.. 20 100000
:" lS47-S.. 69l6 900
Avails of further authority to borrow at
same time. .................... $3.50 700
That's for the yesrs between July so,
lsa6, and juno 80. l54S
10 which add this loan BILL ., 10000 900
Asccrtained deficiency ,,,.,,,,,,.,,,., 500 600
old public debt Of '4s ...;.....:....... ls6oo,ooO
account Of indemnites for the treaty with
Mexico 10000 600
Aggregate public debt =. :. .$lOl 9s2, 600
Say one Aunered and two millions.
MIR REvEKDv JoHNsoN-How much?
Mr. PHELPs-Ons hundred aud two millions lacking .
fraction Deduct balance in the treasury 1916 and add
deficit Of i've millions and above the sscretary
public debt of Add to this the
estimated deficiencies for the coming Of
and dsduotins tho Aye millions allowed for deficiency Of
estimates, you will have public debt Of at least
5000 900. This the ascertained uuquidsted
corded public debt This is the minimum, AMI blowing
for the immense floating claims account Of the Mex
war yet to come in for vessels transportation,
horses, and property lost including old boots cotton
shirts, why, sir will probably fall not much below
public debt tn. end Of another year of O0o
Mr. PHELPS continued an hour in his expose Of tho
probable A. compared with the actual state Of the
finances and when he had concluded,
The bill for loan Of 5000 900 was passed. Ayes
81, nsFs Ito wit, Messrs Baldwin and Hale
into executive session.
WARRINGTON March 20. ls4s.
"Come, gentle spring ETHEREAL uildness, co@e,
And from the bosom Of yOn dropping cloud,
Yelled in shower Of shadowing roses,
On our plaips descend"
The inyocstion is about to be obeyed by tae young
1a1wx hot
as .ign. Prayer By the Rev. Mr.. Gurlsy. Journal,
Petitions, sc.
Mr. BELL presented petition signed BY several thou
sand persons At Nashville, and along the Cumbsrland
mouth of said river, impeding its navigation and also
the free passage of the Ohio. Mr. Bell in presenting
his memorial spoke to some extent in explanation Of
he petitioners have upon Congress for the improve
uents proposed
Mr.. CNrrESDrr followed up MIR. Bell with similar
petition and similar spsa.h A.. ,.,.a.. =, ..-..;
INF ,IaHr DAVIS sdysrtsd TO the passage OF cs.tsn
bill proposiog change site of certain Of said light
Mr. BENTON thought We had best 20 on With the
ing bueiness
MIR. BAesY asked II ths bill appropriated any addi-
tional moneys to those works.
Mr.. DAvn-Not one dollar.
Mr. BAcsY-Well, thsn have no objection to the
hill.
The bill was accordingly taken up and passed.
Mr. ALIENS REVOLUTIONS
congrstuating the people Of France the establish.
republican governments,
him according to notice yesterday and read the first
reading, when
solutions DO referred to the Foreign Rela
tons.
Mr. ALLEN thought there NO necessity for the re.
ference but the being made their censde-
ration now the resolutions lie under the rule.
BOUNTY LANDS.
Mr.. ASHLEY introduced . bill explanatory of the act
granting bounty lands to soldiers serving in the Mexico
var.
On motion OF Mr. Cas- the bill approprstng 500 900
for the Of claims arising in California under the
civil and military operations Of Com Stockton and 1t
Col. Fremont, was taken up.
Mr. DIX took the floor He said that the transactions
out OF which tho claims provided for in this bill
y. rsn sa and Ssdy By
Military Affairs before whom the testimony taken
upon which the bill is founded hold in nay hand sir
from 1t before sit down do not know that any ex
lsnaton IL to vindicste tho proprty Of the
settlement p.cuniary obligations made in good faith
by the commanders Of our land and forces In Cali
iornia Mr. Dix paid high compliment to Lieut.. Col
Fremont for his services military, CIVIL and scsn
California and the country would fall do him
justice. Mr. Dix however, would proceed from the d.
rect subject of the bill the consideration of far
greater offsets, incidentally associated with It's
alteration. There could % no doubt that the i'm
%'di.e S@;os Sresn ~ thu; time
,itory to British subjects, but ultimately to
come under the sovereignty of the British 60
l8.
the connivanoe of the British government stood alone
there would have beeu perhaps. necessity for pre-
,igns; but they arc par. Of system by which the 60
vernment OF Great Britain has extended ard is extend
ing her colonial in all quarters Of the globe
Ar Dix 10 proof Of this position, detailed the history
OF the gradual ioro%ds along the do.qu to Of
the agents Of the British government, besinnilG1
too declared benevolent obje OF the protectt
natl nslty OF an insignificant tribe Of In
country OF the Mosquito coast fjrmsrly ~
cid Spain as part of her extended
Ane ions INIT N fo$
of the confederation Of Honduras aud Nicsxag6a
The portion seized and occupied sad in fact under
British government, though nominslly under the
troll Of An Indian king protected By the British
the State OF Penpsylvanis and Great Britain was
tending it's boundaries MIR DIX called the attention Of
the Senate to the message Of Mr.. Monroe, of 1923,
declaring the doctrine Of the non-intervention Of
European powers in the anare Of the indepen-
dent nations Of this continent, including in this
declaration both North and South Amsriea. He
Argen,ines aud the Banda Oriental The doctrine Of
uintsrventon Of Mr. Monroe declared to extend
over the whole continent including North and South
America. The Interference Of Great Britain and France
la the affairs Of the Banda Oriental clear fla
Intervention OF our government to arrest this inter-
ference had shown that had the oontinsn
tal doc rine Of Mr.; Monroe Mr. Polk, in his annual
vention to be confined to the North American
but here there occasion for ts practical
forcement The objects Of Great Britain in the
patton OF the Mosquito coast, the extension of
douiuion the extension OF her commerce. and the ac-
QUESTION OF one of feasible routes 10 tn. Pacific
across ths isthmus. This last the most impor
tant consideration Of ell nd Mr. Dix described
tho territory its extent and and particularly
the route by the San Juan and Lake Nicaragua, and
thence to the Pacific In addition to the seizure
OF the territory Of the Mosquito coast the history of
which, as given by the Senstor Of great interest
but too engthy for brief report, Mr.. Dix described
also the iDsidious of Great Britain into
Yuostsn beginning at poiot known as the Belize :
Thence he passed into general review Of the colonial
system OF Great British and Of Its Effects In the oivi
xatton OF the world, Notwithstanding the very question
able morality Of her policy OF colonial occupation asd
sovereignty. We had DO colonies we did net desire
anywe only asked to MI up the waste territories lying
between and the Pacihc but while we maintained
thu stricet neutrality in regard to the affairs of the
nstions OF Europs ought not 10 permit sny interfs
renee on their part With the rights Of weak neigh
bors this continent Duty TO ourselves requires that