New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-12-06

- sn exemption from met inu''ion 7"' N.-,u-,.on-
S,se psyer currency o. ioI.I'''s 49,, ~ ,.
"Srtrine so uncertain the ir~"''- '' .'o,i p, VI
"r-,ld hss largely cyniiiuN'' io y te'i 'io '
49, from serious cofnuticHl ftFui'.Nh sue" -'
e-orrurr, 8 under ihe bank cfr'-i y - IT. TO I'D"
80 farc was revu.sion ln The hu-n' - p Nfta'
II f- -..,,t extent and intensity, which Wa follow
t---e.g,,-es ,n mat kingdom unprecedented n NUN
90. s.t III iD.sr. This is believed - .r The
,,,,.e ssieu ssrh disas tfou- 5ankruptcics, occur
80 country with which 80 have tu0n extensive
r. serc. produced hiiie or no injurious eject upon
Il 80 ,,r currency We remained but h're sr~cted
II ~, money market and cur Dusiness and industry
/ %, .rH ,.r. ager0us sne pr1Efc--Ivr.
Il "o,.,r !e present year nearly 'he aho.e continent
.es.gD. has been corygised ny cifu Hsr and rrv0ig
1 ..-rndf1 By numerous baIkupfC.rs rs OIL ur-
l. mud fall To- their public securit,cs and most
II g-f ,...ei,.i. OF ca mlaprca aud industry andy
--. i,r t-.de and ibe price. q our products must
-o .r,,,,, h.t rrf.,rraf'v affected bv fre.a
1.'e ' . .,,.4 q ,..,,,...., ,.,- mon. ,,.-.
..iyl III. ~ e..4 r,.i,'r ana ,.r..., D.. .~.i.t
f'' t.....t .,.5 .,-,,-,.,.t
t' ..fl.rt., i..f',..f that We have heso saved
So ef.ci. b. the saiu,ary lneraf.on OF Zoe coz.
',,.l tr.-.,-r IL Ia r.rf..n that d a.. tY,artv
'-i..n.. . ~ ..... . .,.,.. ',,. ,s. ,'..,,y d,,,
..f YER ,,si,,. .. ,a. ta.rtieta of June i-l7 has
.t, r.., t... s. D.. a s-e,f extent u must have,
DO ..f. b, ta ,t.,.. .f fiIs .,.ter. haze. b.. Oh
t-.. 81 .,..,,.-,,5 bark nab, i.-r.. .-. b..
',s,c..rt.,.,l.sst4sr, ..f,fv or seventy u /. r.
II t'.,.. Il, .-e,it ,l. d. .,.o.,.,., .,rs u ar.
II COON. ..,..,. 49, . .-.,. .,i
n t. . ~, t.>, I'll ..l .r
ga ,1.-'''. "i.' !. '.-,. ,t, ,. 1.,. ,.y.t.
II off rIf l..- of .f
f. Il, -t. f.rtr a,l most ext.i..
-' pre- '-'I''-. d.. I'll. ,,.,,l5 have dana.
' - ,t.. (,,..r,,. vas engaged io a fasriea
.le i,,s,s.. Of s,,l~ic were required
49, o't-..'' ~ .. ,.ict ,t. .r.,ks H. be-.
' ,.. '.,..,,,,,,,, ana be der9.it9r'e. of H..
-...y were suspended. aud tho public credit must
Ina s.d ,oscv millions Of dollars a. Wa the
80 dining tn. war al I-fg must have been sacrificed
......t. .r..r l,,ns and upon zoe deprecated
-, ...-,,,rt which tho government would have
.,.,,..I.f tons.
4
f.-, ts, te,, Loaf bv fnc dcpreciatiof. Of i,,e
| .y -rb. f.ans reguirld L. prosecute tac VA
-. -,ic, ,s,re ucsotet,d by tho Secretary OF tho
| ,r, above par realizing a large premium 10 tho
,e,rroaf Tbs retrsininc eject Of the system upon
...r5.,r % to excessive paper issues by banks iss
80 ,t. ,,.rrrrr,ept from heavy losses ar Thousands
! 60 h,.lrasr mon from bsnkruutcy and ruin TIE
+ .4,u of tho sy.tefn has 5ecn tested by the c,
LOO al thc las, Two wears and il 10 the dictate OF
f3 policy hat il should remain undsturbed The
..ia',t.,1s in some of the details of this measure
rlriog mono OF lis essential princules heretofore
..,oyaf,dcd are egain presented for your favorable
.5.rst,n
fanny oe.ssre Of the 9Th Of July last transmitting g.
..,-.. 49,, .,,.e.d ,rea,v of ,e,.e with Mexico
al a 49,, J,,i.., ,f ,,i.a.,ires fir tho eneed,
,.f I'D the ,,Ytlic dabt ia r,iterating that recon-
r,is,,l, Ire,.r Won 10 the considerations presented
81, .ss,,. in ~ support The public debt inclu
-, .-,..J a., IT, uegotated Ina uursuarce Of
'..n. -. s,d incinding treasury notes. amounted
.,., nm, an e,5 5,- 80 Al
t..s s,oot "a tho limited -taea amounting 10 about
ia'u''i 9'"oN ~ 'i ' ~. - i.t,ase5 - IL
ii '''..,n w. ,, ;J s ts ,lic debf has
.,' ~ ~ -. " - d.,ags "a ,ybiib ,snl he nv,
1 W .i -, ~ ,bc sc.,etsrv Of tbe
D N'' "'
yy.,s Of ,,,o,di,,,,os ,,r the pcxt fiscal wear
ID' ~, ~ ~ ~ , -, a. ,rcas,,rg d, - he
t'.'' ~, ~ - 80 ~ - ...'-...ss... a. 49,
fif1 VIII '' amp ~ a. H'''sS r. ~. 49, 81
.nfo ,.,i 49, ,oca,s m ,he ,,eesrv Win h.
mount estimated tne means lh t"v tto"7"y WIN ~
fceut 10 deiray all the expenses Of the government
NpfJ on me next lhsthihou on 'Hi'e iiID"s 90 u"'
n 70 MeAco "hioh wiz i' que on tno snIi Ng.n VI
ny next ana sun coh''',i aDi' sul p'U7 % '''"'
Hhch should ue Hppheo 10 ue laitnei Pu'h"se Vl voc
pibic STOCK dnd the ftuucuoh OF inc u'ut. S"ouu
charged appropriations pe maze inc necessary cohse
4lente VIII De 10 postpone ue payment VI 'io ucO''
though cur debt as compared WIN thHt Oh most ohei
nlaors, 10 small u ID our true pohcyi ann 10 harmony
fiih the geuu. Of our nsuiuuons that we 'nouia pre-
snt 10 the "oid 'he rare sP' on sea, iep"Oic
possessing vhet resources ana "eai'n "nVIy VAcuP'
hon' pu''c inu'o',u'os' I"'S VIM a"' ~. ~,
m0u strength, ana gi'o 70 US suh more COMMANDING
position among the naions OF thc carr"
The public expenditures shoul1 De economical Hno
e,'hlu. 20 sac" n'o's'"'s w +" az az 80 ~
Hiniu me powers Oh congress Al suc1 a. 81. n" az
"n.' y aehsnIeo snou.o ." Py5'p.neo snu Wv I'S
lt ~ ''' p."'o u',o =, t,i =, ''''' %
"'' 10 = 49, - - ~ H., - -, 1
~. .s, - - ,ha, a brs,,cb oc tbe mini
~ ~. IN, 49,, -, - "a =, a. 90. "a ~.
"' '"'" 49,. !, - -, H. -, -,
i'A- Do i'"P"' IAN" ~ '.,' 20 ,H'J -
deasto Us the dc4usluoh Oh ule ilCn i's u VIC Pl'
o'l' h''l".' pa Ne" ''''' '"' N'''i'''"' anu up
osS ' '''' .','.' hero,of,r. made In fs
] ....;...i.,, ord r.,lucfi,r az tn, nrir.. of
W" '.s sl"u , ,. an. 49,, 49,, l ar,d il,
~ y, ", Pu s ad ,,sold and IN fsvcr Of
49, b. iI,s oc nrs,nntion +, actual settlers
~, 's.,,v,.,sd "a ,y,.iI a. tb'. surveyed lands
IT, cordi,,o5 and onersiions of the army. and the
a., III other branches of the public service under the
.aper,sion of the War Department are satisfactorily
presented In the accompanying report OF the secretary
| Vi W=r
/ On the return of peace our forces were withdrawn
from Mexico. and the volunteers and that portion oil
he regular army engaged for the war were dsoAnueo
ORDERS have been Issued for sieoning the forces oil our
permanent establishment at various positions IN V"
extended country, where troops may gc l'qui i,,o
o"ing 10 the rcnoteness oil some OF tncsS pusi'4"s
ne detachinents nave hot yer 'eHeneu 'noit uoe''
notwithstanding the extension OF 'ho hnli's ~ pu
country and the inrces required III 'he ne"
is confidently believed that our present Hiil.'a'S
establishment u soflcont Tor al eN'svh'es 80 '"'s d"
oo. peaceful relations remain undls'uIoeu ,.
OF the amount OF military cenulou,ohs co'ico'.u !"
Mexico the sum oil seven hundred anu slN'y n,'. sou
smd SIN huhutcu ana my uo'H's was "Pl'lVui 80" .
NE payment Oh the ntsi ihstaleh uec u"voi w
WIN Mexico. ne lsi'htr sun ., ia lrI
'i! sN 'housHia I'M, re iu"'i,u auu s'N's ~ ' =
ana im'V GEMS mas u.Vn pH'u NV 'uo H 80 si
a"Apchdcd balances sun REMAIN III '"o ' " ~ IL
and