New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-01-19

g. -
Leaving an s1ces. Of expenditures ovsr...-.
means, LIST July, "
When the war commenced We he'd . surplas q
twelve millions In the Treasury, and CeaGTeee
adopted new financial measurss, which Weee 80
pected by the Administrative 10 improve TIE eos6l.
lion Of the Treasury. But We have spsnS ths
twelve millions surpus-all the current revenues
which we have received, increased - they are eeN
to have been by the new tarf, beside thirty .stghe
millions, according to my computation, d loana ~
treasury notes la January Lest the Secretary eo9e
10 for twenty three millious which - satd Voe0
be ample Bat In . month hs asked lbs ssssss5oy
70 reissue i've millions OF ressary nosoo: 80 -
another loan Of eighteen and hah milhcos y -.
msnded for the service Of the present yer: ]
apprehend II will be necessary 10 raise meso -
that Tor the excess Of expenditure IN the yeas lo]o
This 10 q woful state VI things. venture - ~
that II you continue your military Operations -
they are now conducted, before eighteen Dooena
either your treasury will b eank'.Ie e. yee -
obliged 10 adopt some new and extraosdlaesy -
cial measures. !, tor one. shall b psspsrsd - -
crisis
II il not Just, Sir. that tho owning gsessa1tsa
should suffer for the folly u the present. h y ~
just to keep glory for the present sgs md saxse ~
have tho taxes along With it. believe he eeiy
way to bring the people TO Just sense a ths 49,
nifty Of this war 10 70 Jet them feel The soee q =
My colleague has spoken Of the rsvssas - b -
rived from Mexico, and ventured The opinion ~
the could be sustained In this way, without ~
cost OF dollar 10 oar Treasury.
Bot 10 Il % be expected that MEXICO b ber pseos
ent depressed conditioo-hspt down by q snsoy.
holding her powerful towns-ovsrfunnisgh b. eos:'
Try, her industry paraly zsd-hss trade asd -
ness broken ap-her people ground % tbs ds@ ~
military oppression Win furnish anything IKE The
amount which be has represented, - ecesuang -
her Treasury Ia time Of prosperityI Tea vese
get dollar which u not fOscsd no. her q Ne
point Of the bsyonet He spssks Of The dsty %
contracts, and says that hey might sov -
stamped by your authority, and that thus Q 60
siderable revenas would be Obtained.
Bat Dir, they viii not make thsee couGyaces, eope-
cislly when there 10 probability that II made ~
viii be invsidated. when the present stats u hnG
shall serminste. Sir this h Ill ilusion md yos
IN q period ofpeace and prosperity, you wos6 -
but twentyone millions and your military spses
tons are costing you nearly Aey nil.one. Ths
Secretary IT the Treasury. sanguiss - b b, dees
not estimate these resources half 20 high - ~
colleague.
He has not been able, be says b eeeais - -:
liable statement Of the snoest q tsess see.sse
amount 70 half . miIlioa The rssipo eso ts6es
on imports In time Of pace have yaf5e1 - -
70 twelve millions. What psObabsAey b tAsss -
these would be half The Gss o0n, whoo oo5 osuooo
were covering the wkole eossuyf
Even the 6scrseay thinhs that - lasUe DWs1s
Of the internal rsvsass could - eoAeoeo6 esdss
cur military and b With I'll he saeosasss = pro-
sent favorable view Of this prgjs3, sduifs Ase
he has no sufficient data on which 10 bass any res
liable estimate - 10 this source II rsvsaee ~
that caution the country agaiase tbsss ds'sseve
conjectares.
A fos the 10000 men psppesad y ~ IN III
not vote ior o0e Of them. -
believe with the esno1w bon KnesX ~