Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1849-12-31

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! if projected, will complete the work should
Tit prove 10 be favorable,
The parties who have procured the char.
Ter from Nicaragua Cor its constr action,
desire no assistance from this government
| beyond its protection; and they profess that
/ having examined the proposed line Of com.
munication, they will be ready to COM
,nence the undertaking whenever that pro-
lection shall be extrnded 10 them. Should
lh ere appear TO be reason on examining
the whole eyidencs, 10 entertain serioss=
doubt of the practicability Of constructing
such canal, that doubt could be speedily
solved by an actual exploration of the route.
!, Should such work be constructed un-
der the common protection Of all nations
for equal benetits to all, il would be neither
Just nor expedient that any great maritime
Stale should commnnd the communication.
The territory through which the canal may
be opened, ought TO be free from the claims
of any foreign power. No such power
should occupy position that would enable
u
| influence over the commerce of the world,
or to obstruct high way which ought TO
be dedicated to Tee common uses Of man.
kind.
The route across the Isthmus of Tehu.
antepec and Panamn, are also worthy of
our serious consideration. They did not
fail to engage The attention Of my prede.
cessor. The negoiator OF the Treaty of
Guadslonpe HidafSo was instructed to
offsr asgery Ia "a q monty for the
right Of transit pcross tho isthmds of Te-
huantepec. The Mexican Government
did not accede to the proposition for the
purchase Of the right of way, probably be.
cause it had already contracted with pri-
vate individuals for the construction Of a
passage from the Guascualco river to TIE.
huan,epec. shall not renew any PROPOSE
,ion TO purchase for money right which
ought to be equally secure to all nations,
on payment ola reasonable toll to the own
ers of the improvement, who would doubt.
less be we'll contented with that compensa-
ton; and the guarantees of the maritime
States of the world, in seperate treaties
negotiated with Mexico, binding her and
Them to project those who should construc,
the work. Such guarantees would do
more TO ecure the completion of the com.
munication through the territory Of Mexico
than any other reasonable consideration
that could be offered; and as Mexico heseli
would be the greatest gamer by the open.
ing oil this copmuDication between the
Gulf and the Paei6c ocean, it is presumed
that she would not hesitate 10 yisld her aid
in the manner proposed, 10 accomplish an
improvement to her own best interests
we have reason to suppose that the propos.
ed Railroad across the Is,hmus of Panama
will be successfully constructed under the
protection of New Grenada, Is and
exchanged by my predecessor. lhe 18th
June, ls49, which guarantees perfect neu.
lrality OF the lsthmus, and the right oI
sovereignty and property Of the late
treaty with New Grenada over thai
territory. with view that the free
transit from ocean to ocean may no
be interrupted or embarrassed during the
existence Of this treaty. 1t is our policy
10 encourage everv practicable route acros.
the lsthmus which cor cts North and Sou !
America, either. by Railroad or Canal
which the energy and enterprise OF ou,
citizens may induce them to complete; nnd
consider it obligatory upon me to adop,
that policy especially in consequence oI
the absolute necessity of facilitating inter
course with our possessions on the Pacific.
The position of the Sandwich Islands
with re(erenceto the territory Of the u. S.
on the Pacific; the success or our persever-
ing and benevolent citizens, who have re.
paired TO that remote quarter, in christians
izing the natives and inducing them TO a
dopt government and laws suited TO their
capacities and wants, and the use made BY
our numerous whalers of the harbors of
the islands as places of resort for obtaining
refreshments and repairs, all combine to
render the destiny peculiarly interesting to
US. 1t is our duty to encourage the author
tiles Of those islands in their efforts to i'm.
prove and elevate the moral and political
condition of the inhabitants, and we should
mike reasonable allowances from the diff.
cullies inseperabie from this task. We de-.
sire that the Islanders may maintain their
Independence, and that other nations should
concur with US in this sentiment. We
could in no event be Indifferent to them
passing under the dominion of any other
power. The principal commercial States
have in this a common interest. and it is
10 be hoped that no one of them will al
tempt TO interpose obstacles 10 the future
independence Of the islands.
The receipts in the Treasury for the
fiscal year ending on the Goth June last,
in cash 4s.83O.097, and in Treasury
Notes, funded s 10. .s33, 900, making m ag.
gregate of S5s,663,0e7. The expendi-
turer for the same time, were in cash, $46,
7ss,667; md in Treasury Notes, funded.
$Io,s33,00O, making an aggregate Of
[ $57 ,63l ,667.
The accounts and estimates which will
be submitted 10 Congress in the Report Of
the Secretary Of the Treasury. show that
there will probably ly ha deficit. occasioned
by the expenses OF The Mexican War and
Treaty. on the first day Of July next. Of
$5. s2s. l21; and on the FIRST OF July. 1851.
OF $l0.547. .o92. making in the whole a
probable deficit to be provided for. of &c.,
375.2l4. The extraordinary expenses of
the war with Mexico, and the purchase of
California and New Mexico. exceeds in
amount the deficit. together with the loans