Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1850-01-05

10 yield her aid, in the manner proposed,
to accomplish mimprovcmcnt so impor-
tant to her own best interests.
We have reasons to hope that the pro.
posed railroad mt Panama will be success
fully constructed, under tho protection
ofthc late treaty with New g enada, rat
ifcd and exchanged by my predecessor
on the 10th day of June, lS4S, which
guarantees the perfect neutrality of the
Isthmus, and the rights of sovereignty
and property Of New Grenada over that
territory, with view that the free tran
sit from ocean to ocean may not be inter
upted OF embarrassed" during the exis-
tcncc of the treaty. 1t is our policy TO
encourage every practicable route across
the isthmus which connects North and
South -1merico, either BY railroad or Cd
nal, which the energy and enterprise of
our citizens may induce them to COM
pletc; and consider it obligatory upon
me to adopt that policy, especially in
consequence of the absolute necessity of
facilitcting intercourse with our posses
sions on the Pacific.
The position of the Sandwich Islands,
with reference to the territory of the Uni
ted States on the Pacific; the success of
our persevering and benevolent citizens
who have repaired to that remote quar-
ter in outstanding the natives and in
ducng them to adopt system of gov
crnment and laws suited to their capacity
and wants; and the use made by our nu-
mcrous whale-ships Of the harbors of the
Islands as places of resort for obtaining
refreshments and repairs, all combine TO
render their destiny peculiarly interesting
to us. 1t is our duty to encourage the
authorities of those Islands in their cf-
forts to improve and elevate the moral
and political condition of the inhabitants;
and we should make reasonable allow
anccs for the difficulties inseperablc from
this ask. We desire that the Islands
may maintain their independence, and
that other nations should concur with us
IN this sentiment. Wccould, in no event,
be indifferent to their passing under the
dominion of any other Power. The prn-
cipal commercial States have in this
common interest, and it,is t, be hoped
that no one of them will attempt to inter
pose obstacles to the entire independence
of the Islands.
The receipts into the Treasury for the
fiscal year ending on the thirteth of June
last were, in cash, forty eight millions
eight hundred and thirty thousand ninety
seven dollars and fifty cents, (S4s, $780,
O97 50,) and in Treasury notes funded,
ten millions eight hundred and thirty
three thousand dollars, (lO,s ,s33, ,0OO) ma
king I'M aggregate of fifty nine millions
six hundred and sixty-three thousand
ninety seven dollars and fifty cents, esq.,
663,o07 5o0 and the expenditures for
the same time were, in cash, forty six mil
lions seven hundred and ninety eight
thousand six hundred and sixty seven
dollars and cightytwo cents, (S46,7 ,70s,-
667 80 and in Treasury notes funded,
ten millions eight hundred and thirty
three thousand dollars, ($lO,e33 3OO0,)
making nm aggregate of ffty-scvcn mil
lions six hundred and thirty one thous-
and six Hundred and sixty seven dollars
and eighty-lwo cents, (S57,G3l ,667 62)
The accounts and estimates which will
be submitted 70 Congressin the report of
the Secretary o: the Treasury, show
that there will probably be a deGoiiu, cc.
casioned by the expense &c the Mexicar
war and treaty, on the first day of Jrlv
next, of five millions eight hundred ana
twenty eight thousand one hundred and
twenty one dollars and sixty.slx cents
($5, 1928, l2l 66,) and OH the first day of
July 1851, of ten millions five hundred
and forty seven thousand and ninety-two
dollars and scvcn-threc cents, (Sl0,547,-
092 49, making in the whole probable
deficit. TO be provided for, of sixteen mil
lions three hundred and seventv-fve
thousand two hundred and fourteen dol
lars thirty-nine cents, (Sl6,375.214 39.)
The extraordinary expenses of the war
with Mexico, and the purchase of Cali
fornia and New Mexico, exceed in
amount this deficit, together with the
loans heretofore made for those objects
I therefore recommend that authority be
given to borrow whatever sum may be ne
cessary to cover that deficit. recon-
mend the observance of strict econmy in
the appropriation and expenditure of the
public money.
recommend revision of the existing
tariff and it's adjustment IN basis which
may augment the reveuue / do not
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