The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-02-13

PHnADrLpHIa, Jan. 10, 1850.

PHnADrLPmA, Jan. 10, 1850.
It had been intended to present to the readers Of the
Union strict and exact analysis OF the ireasury report,
to show that the estimated decit" il is charged will
come upon the finances Of the government was BY no
certain to warrant loan OF the the
country to the foreign money changersin the time
fiscal year Of 1885, and also the major part Of that es
mated for 1850 current, may not But am detered
from doing from finding on arranging the "sylIsbu.
that il would cover some columns OF your paper with
6gures-a tax of space by no means At present fed at
liberty to ask you to submit to- burdened Is they
at present with important and interesting dsbstss and
weighty editorials Y q istH e.s.F
Indeed at any tme il would be asking too much from
your patience and Kindness unless am better advised
though am quite confident the syllabus will bear some
pains taking administration Of the the finances
can be safely transported this vacuum leaving
at the ultimate period taken in BY the treasury esmsies
not only without increasing and increased public debt
to be croaked" over by the comorans who prey upon
such national evils. but respectable increasing SINKING
fund to eat up the present existing debt ITSELF and
sufficient floating balance oil current avas a least 70 buy
President Taylor extra new sombrero;' and thai 10
about much there ought TO be- over and seoys In
shng the diplomatic education Of his Secretary Of Sate-
and that is saying great deal. III aayetieqsnoo 81
Hoping yet one day 70 get my syllabus into corner OF
the Union, will. lad infsrim, marshal up few inter
estng general FACTS, which the investigated has de-
veoed striking the mind forciby and quite sneoara-
One is, that the amounts in value Of our exports and
imports nearly correspond TO stop the leak IN our
which has heretofore created tavorte "honey-comb
for Of the many allies Of whgery, the money-deaie
on large scale FL sl4 q fgR. agw :,
Another is, the great increased amount Of exported
domestic manufactures, shedding, as does, Hood OF
light upon the path TO be pursued BY the American
manufacturer leading him into the mitable and pTonts
bic markets OF the world This particularly instructive
to the manufacturer Of cotton fabrics who already pens
TO discover the falscy OF "home market wneseln.
though be may manufacture enough to cover the wnoie
face OF the country he Manufacture human
to wear them and may be crushed under tne wneeh OF
home competition, from which no dulles iaio ~ govsfn-
ment for his protection can save him. .tftfgatsA
Another again TO- the increased amount OF government
the act OF 1916 has yielded beyond all expecta
lion and that too in the face OF the extensive list OF
free articles in reserve, and the presumed frauds IN under
valuations. n III, .4e.4,. 10 Ae6 tt.
Again another the security this yield Of revenue gives
us in maintaining reciprocal reatce, which this large
list OF free articles nourshes enabling to extend them
when the hand Of commercial fellowship offered to US
by other nations not numbered amongst the most
favored in diplomatic parlance .4 49, sss.
And still again. the steady and rapid increase OF our
navigation MISUNDERSTANDING most conclnsively tnss
low duties, by removing the weights from the spnSs o.
commerce, enable her TO expand her wings, ana oHy
our products to the remotest markets. ~:
Yet another fact is developed in connefion VIII III
great theme and very striking, namely that ousn tne
average OF our present tariff duties, on geuefal ecae
are but small figure above the smuggling Ponis, .ne
principal OF various anufactures, in'eAueu " ve IN
cidentav ptoeced so, particularly tnose OF e1ct
~ mechanical nature, the creanons OF mecnsmch
| labor more strictly speaking
To-. snbiects Of national interest and general advan
have been encouragngy developed In this In
sssraon as they present themselves in intimate con-
with the subjects treated OF in the srpost OF the
surprise that they were not more prominently brought
. f