The Planters' banner. [volume] (Franklin, Attakapas Co., Lou.) 1849-1872, 1850-01-10

common protection OF all nations, for equal ben
ehts to all it would be neither Just nor expediens
ltnat any great maritime state should command
Ithe communication. The territory through
which the canal may be opened ought to be
freed from the claims of any foreign power No
such power should occupy position that would
enable II hereafter to exercise so controlling an
influence over the commerce of the world, On to
lobstruct highway which ought to be dedicated
ito the common uses of mankind.
The routes across the Isthmus, at Tehuantepec
and Panama are also worthy Of our serious seri-
GUS consideration. They did not fail to engage
the attention of my predecessor The negotia.
tor of the fDeary of Guadalospe Hidalgo was in
structed to offer very large sum of money for
the right OF transit across the Isthmus of Tehua-
ntepee. The Mexican Government did not acc
EIDE to the proposition for the purchase of the
right OF way, probably because it had alreadv
contracted with private individuals for the con.
struction of a passage from Euasacualio river to-
Iehuantepec. shall not renew the proposition
! to purchase for money right which ought to-
De equally secured to all nations on payment of a
reasonable toll to the owners of the improvement,
who would, doubtless be well contented with
that compensation and the guarantees of the mar
tune States of the world, in seperate treaties
negotiated with Mexico, binding her and them
to protect those who should construct the work
Such guarantees would do more to secure the
completion OF the communication through the
territory of Mexico than any other reasonable
consideration that could be offered and as
Mexico would be the greatest gamer by the op-
enlng OF this communication between the Gulf
and the Pacific Ocean, it is presumed that
she will not hesitate TO yield her aid, in the
manner proposed, to accomplish an improve
ment so important to her own best interests.
We have reason to hope that the proposed
railroad across the lsthmus of Panama will be
successfully constructed under the protection of
the late treaty with New Grenada. ratified andl
exchanged by my predecessor on the 10th dayl
OF June, 184s, which guarantees the perfect neu-
frality OF the Isthmus, and the rights of sover-l
eighty and property of New Grenada over that
territory, 'with the view that free transit from
ocean to ocean may not be interrupted or en-
barrassed" during the existence of the treaty.-i
1t Is our policy to encourage every practicable
ronte across the Isthmus which connects Northr
and South America, either by railroad or canal.
which the energy and enterprise of our citizens
may induce them to complete and consider il
obligatory upon me to adopt that policy, espec-
tally in consequence of the absolute necessity of
facilitating our intercourse with our possessionsI
on the Pacific.
The position of the Sandwich Islands. with
reference to the territory Of the United States on
the Pacific the success of our persevering and
benevolent citizens who have repaired to that
remote quarter in Christianizing the natives, and
in inducing them to adopt system of govern
ment and laws suited 10 their capacity and!
wants and the use made by our numerousi
whaleships of the harbors of the islands as pla-i
ICES of resort for obtaining refreshments and re-
pairs all combine TO render their destiny pecu-
piarly interesting to US. II is our duty to en-
efforts to improve and elevate the moral and POI
(itical condition of the inhabitants: and we
Should make reasonable allowances for the diff
tulties inseparable from this task We desire
4hat the islands may maintain their independ-,
lfnce. and that other nations should concur with
ts in this sentiment. We could in no event, be-
Indifferent to their passing under the dominion
IT any other power. The principal commercial
States have in this common interest and 1t is
% be hoped that no one of them will attempt to
rhterpose obstacles TO the entire independence.
stf the islands.
Of The receipts into the Treasury for the fiscal
u aear ending ON the 30th of June last were in
hsh, S48 800, ,O97, SO, and Treasury Notes funded
lqlO 833, ,O0O-making an aggregate of $59, ,663,
APT, so and the expenditures for the same time
'dEere in cash SAG, 79s, ,667 81, and in Treasury
Is otes funded, SIC, ,833, 900 making an aggregate
'ef S57,63l, ,667 50. h
/ THE accounts and estimates will be submitted
E. Congress in the report of the Secretary of the
- ncdSuTy SuOWluS tu1t tucIc Will pIOU0OlY Oc q
ID Ilfct occasioned by the Mexican war and trea-.
n Ion the first day Of July, 1881, Of S1O,547,-
+ r 73-making in the whole probable deficit
le be provided for. Of SIG, ,375,21l 30. The ex-i
a tordinary expenses of the war with Mexico,
J. Il the purchase Of California and New Mexico
&eed in amount this deficit together with the
ct lhs heretofore made for those objects There
e.i ib recommend that authority be given to bor-
u n whatever sum may be necessary to cover
n II deficit. I recommend the Observance of
9, Istt economy in the appropriation and expen-I
ldlre of the public money.
eI recommend . revision Of the existing Tariff,
n al its adjustment on basis which may aug
PIn3t the revenue | do not doubt the right or,
l. idt of Congress to encourage domestic industry
With is the great source of national rs well as
+ insidual wealth and prosperity. look to the
vlom and patriotism Of Congress for the adj
g opbn of system which may place home labor
Q Iat last on sure and permanent footing. and by
?. ..Iduencouragement Of manufactures give new.
q an Increased stimulus to agriculture and pro-
e mae the development of our vast resources and
= lth&xtension of our commerce. Believing that
,. Itole attainment a these ends (as well - the
ne3snry augmentation Of the revenue and thei
e ipsention of frauds) system Of specific duties.
1t is3st adapted, strongly recommend to Cong
fS}the adoption Of that system the duties at
4 m high enough to afford substantial and su-
,ciA encouragement to our own industry, and at,
a- tb bame time 50 adjusted as to insure stability
le he question of the continuance Of the sub