The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-11-29
Our Washington Correspondence.

WASillNGro November 20 loOO.
Tie Ntrt Worlds Fdu-The Exhibition at Nep
Ymk.-No Nsr Loan-1Ee Treasury Report
Postage Reduction, &C., &c.
The administration (i c, the Secretary of War;
has decided that the next worlds exhibition shall
bt he'd at Governors Island, in the harbor of New
York. This is undoubtedly a very reasonable de-
termination, as the harbor of New York is more
easily reached than any other in the Union, and
much more convenient of access than Washington,
Philadelphia, or Baltimore. Even persons living
in Alabama or Georgia Gun reach New York more
easily than New Orleans, or any other Southern
pot, and it is important TO avoid tedious and ex-
pensiye transporauoDs by land or on rivers.
The exhibitors in London are not permitted to
offer their articles for sale, which would be very
great inconvenience, and an expensive amusement
in The United States. For this purpose, it is pro-
posed 10 allow The goods TO be consigned TO some
mercantile house, 10 be sold at the exhibitors
option, or re SHIPPED 10 Europe. The building 10
be erected on Governors Island is TO serve as a
bonded warehouse, and the duty is 10 be paid at the
sale of the article No charges are 10 be made on
articles re-sbippd TO EaTope understand that
France, Belgium, Prussia, and Austria will send
national vessels 10 forward the productions of their
country, and the worlds fair, in New York har-
Dor, will, no doubt, be one of the NEST imposing
spesscles yet witnessed on this great continent IL
Is also proposed 10 allow the exhibition and sale of
objects OF ant such AS painting. staiuary, engrav-
ings, &c, all OF which are excluded from the
world exhibition IN London. The exhibition is 10
tike place in May, 1852.
! have already informed you that the Secretary
a the Treasury Will require no new loan; II am
rot very much mistaken, his report will rather
show dimnuion Of our national debt, than the
IrCsptCt OF increasing It very soon. The ten mil
lions voted to Texas Ike care of themselves; so
viii The siX million tive pr cents which will be
ISSUED 10 satisfy The claimants for French spolia-
tons pror TO the year 800. Our income has ra-
Tidy increased, ard exceeds fifty millions from
customs; the question only Is, whether are able
topay fifty pIlllioBs Of duty, and the goods which
that enormous sum Us levied. The excess of our
imports over the exports Oi last year are computed
al ioriy-on millions Of dollars, and this sum has
been lqnida'ed Principally by California gold, and
our State securities. Lauerly, however, less of
government securities have gone 10 Europe; their
place being taken b. stocks of a lower quotation,
and by railroad stares. The Secretary of Inc
Treasury proposes to raise larger revenue with
out increasing the imports, though he is decidedly
opposed TO high protective duties. Mr.. Webster,
as the representative from New England, is equally
opposed To high protective duties for protection
sake. II IL, indie ed, wonderful how the two ex-
treme parties have come toy her on this important
subject, and how nearly ths so-caled "protection-
ate approach the so-cailed "free traders"
The Fugitive slave bill does not stand the most
remote chance OF being amended or repealed this
session, and by the time The next Congress meets,
Oh the noise and Clcmor about il will have sub
sided. We have the most cheering news from
heofgia AIaNdWa, aud even Miss ssppi: but al the
same time, the mt 81 solema warnings, from the
most devoted friends Of the Union, not TO wautony
tnile with the Fugitive Slave bill. Repeal that
law, and the Union Is virtually dissolved. None
but heud, hostile TO hrs country and 10 the best
Interests OF mankind can agitate that perilous ques
ton. Even MARYLAND u imploring executive pro-
lection against Northern flsatiCism on that score.
Let the constitutional provision, affirmed at the
lest session, be carried Out faithfully and truly and
there will he no further trouble IN the Southern
states. On this point 81 the South expects is for
fvty Northern man 20 do his duty.
The cheap UOstage system is strongly pre- ssed on
The consideration q the Postmaster General He
will doubtless recommend % in his Report, but not
the uniform postage ~ iwo cents but three cents
On prepaid letters, and live cents on those which
ere not prepaid. The discrimination IL, think,
proper one. and will very much diminish the duties
Of the dead letter office here in Washington With
the Tosisge reduced 20 three cents, million OF
dollars will be ali that the department will require
from the Treasury, aud that sum the government
oURhi to pay for its own correspondence, without
taxing the public
Everything indicates n crowded city during the
approaching session. Nearly every private room,
sud ell the best rooms in he hotels, are already
engaged for the whole season. T..