The Arkansas banner., 1850-01-08

age. Any atteTattoH of the thwsbfeh might have . tendency to impede Shs free sssfer of property in vessels between eitizen~. the free psv,g.-
 ton Of these vessels between difen; psr,s of ths world. when employ ed In lawfgbmmerce, should es well aud cantionsly Considers bat trust tha, . your wisdom will desiss naesd hv which opv ] general policy. in thh Fsspeca,s sy he preserved and at the sama time the aEpaesf oar fag bv the means of sea letters, h the maBs indicated. may
 be prevented.
 ] Having ascertaned ttat there no prosn-ct Q,
 the Bion of the fiva States efensr,,i Anersca
 which formerly composed the tpahlIc of tina,
 name. we have separssly negosiad wish some Q,
 them treaties of amityaBd commen. which viii be
 laid before the Senate,
 A eon'Vaet having been conciuG< with the Ssass
 of Nicaragua by a company cowksed of Ameri.
 can citizens for the purpose Of ronyuctine a shir
 canal through the teruesy oE thai Ste, ta connect
 the Atlantic and Pactis Oceans, tse directed the negotiation of tresB with Nien4sra. pledgins both governments to protect thnss Yhashal engage
 in and piSiset ne wosk. All ofhs naions are iI,-
 vitst by the State Of N~assgaNs . esser into ihs
 same tieaiy slealatieas $ish he; snd tse hensf ic
 be deFiyed by ench froNa such n arrangement, val
 be the protection of ihis great -cteane com
 muuica'ioa against any power which night seek to
 obstIuet tor to monopolIze if ta.ianes. Al States
 entering into such treaty wit edoy fhe right oi
 passage through the canal, on te Jay ment of sane tolls.
 The work, if constructed unr these guarantees.
 viii become bond of peace itead of a suhlee, oi coniention and strife, betwe the nations of the
 earth. Should inc maritime ates of Enrope con- sent to this arrangement; angse have no reason 10 suppose that proposition solr and honorable wiiI be opposed by any, lthe eneTts Of their people and ours wiil cooperate tn promtng the of the enterprise. do not reeomn1d ony appropriation from the National Treasury this purpose. nor do l believe such an sppFopriah is necessary. Pri- vate enterprise if properly pecsed. will complete
 the work, should il psove tee feasible. The par ties who have procured the er'er from Nicaragua for itsicenstructon dssIre gis;auee from this go-
 verpmenf beyond is proieetsand they profess that | having examined the propos' line oi coEmanica- | tion, they wi be ready toommence the under 1 taking wherever that prefeon shall be extended 1 to tbein.-ShoHid there appf to he reason on ex. | amining the whole eyidsncto entertain a serious
 doubt of the prsetieahilliu constructing such canal that doubt could be sFdily solved by an &C., tuai exploration of the route
 l Should such work beonstruesed under the common protection of all ualns. for equal benefits I 10 all. it would be neither st Tor expedent that sny grea, or maritime S,stshoald command the ! communication. The terriiy through which The canal may be opened, oug to be freed irom the claims Of any foreign powerse such powershoald occupy position that wotf enable fl hereafter 10 exercise so controlling an luenee over the con- | meTce Of The world ar 10 coauci q highway which ought to be dedicated to ibeOmmon uses of man kind
 The routes across the Exnvs at Tehuantepee ] and Panama also worthgt our serious eenside- ration. They did pot faib engage he aiien,ion 1 Of my predecessor. The gotiaior of lhe Treaty of Guadaloupe Hidalgo wanstrueted to oHer sc- ry large sum ot money for right oi transit 1 the Isihmus of Tebuanteps Tae Mexican Gov 1 ernmen' did not aecede ithe proposition for the purchase of the right of ", probably because it had already contracted VI, private individuals for the construction of pass.s from The Guasacnaleo river 10 TehuaRtepec. 1 ali not renew any prop ositioB to purchase, for arHy. right which ought 10 be equally secured 10 al AaioDs on payment of reasonable toll to tke cssna oi the Improvement who would doubtless b. yAi confeu,ed with that compensation, and the gusn,ees of the maratine States of the world. in seps,e treaties negotiated with Mexico, binding her anthem 10 protect those who should construct ,he wk. Such guarantees would do more to secure The anplesion oI the con- munieation through the tefoty of Mexico than any other reasonable eonsiaetion ina, could be ot- iered, and as Mexico herself oud be the greatest gainer by the opening of thcemmunicaton be- tween ;he G'il and the Pzcif0cesn. II IS pre.um- -d tha, she wouid not hesitate yield her aId IL the 1 manner proposed b aecempli'an improvement so important to her own best intsss
 We have reason to hope thaoe proposed rairoad across the Isihrnus oi PAbammyii be successfully constructed nader the protecn of the late tleaty 1 with New Grenada, rstihed a exchanged by my predecessor on The Ion day June. ISIS, which guarantees the perfect neuuity oi the lsihInus and the right of sovereignty i'd property of New Grenada over ihat territory, th a view that the free transit from ocean to oca may not be inter ] rupied or embarrassed dnringhe existence of the treaty. II Is our policy to sncrage every prac,i- cable route across the Isihas which connects North and Sonlh America eltr by railroad or ca- nal, which the energy of the 4efprlse of our citl- ms may induce them to cogtste; and consider II obligatory upon me 10 adoJn a policy especially n consequence oi the aesoiuteec~sslty ot iAellia ting intercourse wiih our posssiens on the Paci- fie.
 The position of the SsndwieIsiaods with refer ence to the territory of the Unki States on the Pa etfr, the success of our preserving and bene nj citizens who have repaired toaai remote quarter. m christianizing the natives. 4 inducing iben 10 adopt system ot governmental laws suited 10 ! their capacity and wsa's, and le use made by our ! numerous whale ships of the hsors oi the Islands ] places otsesod for obtaining seshmsh:s and re- pairs, all combined to render ta nder their destiny peculiarly interesting 10 us. Its our duty to en- courage the authorities of theseslaBds in their ef forts io improve and elevate the oral and postca al l condition of the inhabitants; snssxe should make reasonable allow for the dnities inseparable from thls task. We desire that theiiands maj aIn- tain their independence. and at other nations should concur with us in this seultent. We eeuld m no event be indifferent 10 thsfpUs,ng under the dominion of any other power. Tue Sineipal com mereiai States have la this cnnon interest, and II IS to be hoped that nc one t them viii attempt to intefPose obstacles 10 the eiire indsenasnes of the Islands.
 The receipts into the Treaser for tie fiscal year. ending on The 30th June last, WFe a cash, Sts.- $50, ua7 S0, and in Treasury ncsa nnded si1, ,s53, e0o. makiag an aggregate of S5663, ,09T sV, aad the expenditures for the same lie were, in cash, Si6 79s. .6ST s, and in Treasury pses funded Slo,- s33, ,000 making an aggregate of 57:63l .665 e2. The accounts and estimates, nieh wlii be sub mitied to Cohgfess Ia the Fepofsi the Secretary of Ihe Tressafy, show that there etii probably b. deficit, oecasloned by the expetes et tise Mexican War and Treaty, oa the lst # ef July next. of S3, ,ssS. .l2i 66, aud tst day osuly. 1851 of Si0, 547. .n3a 6s. making. In the vose. probable de- fiei to be provided iaf ot SIS, ,6 2i4 g. The ex- .raordtaAry expenses ei the w wItb Mexico, and The purchase oi California and ew Ms xieo, exceed amount this de6cii, tegeihek in the iosHs here toioT- made for those obiscis.l therefore, recem- mend thai authority be giveae borrow whatever sam may be necessary .n eostthat deficit, rec 0mmend thetobseTvanee ot sis ecoaeay in the ap- proprlation and expenditgre che public money.
 A 4