Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1849-08-03

The effect OF The cholera on business, in al
most all its branches and interests, throughout
The country, has been severe. Merchants from
The interior have visited the cities al which they
generally make their purchases, in comparatively
small numbers; and those who have sent in or
ders, have done SO TO only limited ex'enI'
And in turn, The country people generally have
avoided as much as possible coming into The CT
ties and larger villages 10 trade. The conse-
ouence has been, that mol more than two.lhirdS
the business las been transacted that would have
been done had not this dreadful epidemic visited
us; and importers, manufacturers ami retail mer-
chants have alike suffered from lis prevalence.
/. is source Of profound gratitude, however,
10 be able 10 say that 10 many sections, The cpl
icmic is on the decrease; and we are not will bout
hopes that it may soon take its leave Of US en-.
lirely And ii is also gratifying 10 stale that
there is Slight mprovemec! in business gener-
ally.
TIE MESSAGE OF THE PRESIDENT.
OF MEXlCO.-Pfesitent Herrera, al an extra
session OF Congress, opened on the Isl OF July,
sen! in message in relation 10 The public credit.
The document is long one. AMI its substance is
presented in the following condensed statement.
The President says the reduction ol 40 per cent,
in import duties has produced tn best ci!sots
having increased the Customs .cceip.s - ,23l.
729. in eleven months; tn army expenses may
b. reduced and The number acd s1iaties Of civil
ttli.ials diminished The natloral expenses may
thus BE- reduced to Sc, 900 OOO per annum, the in
retest Of The national !eb; not included and The re.
celp.s may as the President thinks, BE- made 10
cover the whole The public debt having been
reduced S65 900 900, is now not much more
Than sl00 600 90, and as large par, of it
bears no interest, the interest will not surpass
third of tho reYenue; moreover, furlter re
ducton OF certain claims is probable. The Pre-
s,dent srecay recommends TO the consiLera-
ton Of Congress those creditors whose property
has Teen taken by force, or voluntarily given by
them 10 meet the expenses OF the war. he
also advises the establishment Of dferenlial port
charges on foreign vessels, with view 10 in
crease the commercial navy Of the country.
He states that the country must encourage i'm
migration. The Territories need special laws for
their government, especially Lower California
The terms arranged wuh The representative u
the English creditors Of the Republic are definite
ly given. The interest Of the deb. was reduced
in 1886 ill 1859 to 81 in lieu OF per Cent. III,
rae being su! ject 10 revision and change in 1859,
according 10 the circumstances Of The Republic
al thai lime In consi .era:ion / This reduction,
which amounts 10 something like Sld coo 900
the Mexican government agree 10 pay 10 the
English cfeiilvis 81 500 600 Tor past mtcIcsr, as
well "a Tor that Jet due he SUN IS 10 b. aken
in equal aslaltneuts rom the three annual pay
menls OF The U. STATES 10 !emaiy. The Govern
meLl also turns over 10 he same parties HE pro
duct Of The duties on The expectation OF gold ard
silver, nol only in the Pacific porls, where they
have heretofore held l., but through The whole
Republic, as we'll as The duty on in. circulation
ol gold and silver.