Weekly national intelligencer., 1850-12-07

is expected that regular convention will be Immediately
negotiated for carrying the agreement between the Gov
ernmens into effect. s Il iHsf z
The commissioner appointed under the Of Congress for
carrying into effect the convention with Brazil Of the 27.h
Of January, ls4s has entered upon the performance Of the
duties imposed upon him by that It's hoped that those
duties may be completed within the which it prescbes
The documents however, which the Imperial Government,
by the third article Of the convention spulaes furnish
ohe United have yet been received
As is presumed that those documents will be essential for
the disposition of the claims may become necessary
for Congress extend the period limited for the duration Of
the commission The stipulated by the 4th article Of
the convention be paid this Government has been
ceived. - Fl,a 9stsp laf v
The collection in the ports Of the United States Of dscrmi
mating duties upon the vessels Of Chill and their cagoes has
been suspended pursuant the provisions Of the act Of Con-
gress the Gath Of May, 1898 is TO be hoped that this
measure will mpart fresh impulse to the commerce between
the countries which, Of late, and especially since our
acquisition Of Caornia has to the mutual advantage Of the
parties, been much augmented. 4 81, ", s5ys IN i.j
Peruvian guano has become 50 desirable article to the
sgrcaltual nssess q the United Sates d Il the duty
Of the Government employ all the means properly in its
power for the purpose Of causing that a:tcle to be imported
into the country at reasonable price Nothing will be
omitted on my part towards accomplishing this desirable end
persuaded that in removing any restraints this traffic.
the Peruvian Government will promote its best interests
while will afford proof Of friendly disposition towards
this country which will be duly appreciated.
The treaty between the United States and His Majesty the
King the Hawaiian Islands, which has recently been made
public will it s believed, have beneficial effect upon the
relations between the two countries.
The relations between those parts Of the Island Of ST. Do
mngo which formerly colonies of Spain and France,
respectively are still an unsettled condition. The prox
nifty Of that island to the United States and the delicate
questions involved in the existing controversy there render
desirable that should be permanently and speedily adjusted
The interests humanity and Of general commerce also de-
mand this and as ntimaons Of the sentiment have
been received from other Governments hoped that
plan may soon devised effect the object like
y to give general satisfaction. The Government Of the
United States will fail, by the exercise of all proper
friendly Offices do all in power to put end to the de-
strucive which has ragged between the different parts Of
the island and secure them both the benefits Of
| and commerce. aHa st
refer you to the report Of the Secretary Of the Treasury
| for detailed statement Of the finances. M.
The total receipts into the Treasury for the year ending
3Oh Of June last forty million four hundred and
twenty-one thousand hundred and dollars
and ninety cents, (s47, ,42l,74s so.)
The total expenditures during the period forty
three million thousand hundred and eight dol
lars and ninety cents, (s4a, Oo2, l6s sO.)
The public debt has been reduced since the last annual
report from the Treasury Department, four hundred and
ninety thousand hundred and sevenysx dollars and
seventy cents (S4s5, 276 49, s..a o
BY The 10Th section Of the act Of 2sh january ls47 the
proceeds Of the sales Of the public lands pledged for The
interest and principal Of the public debt The great amount
of those lands subsequently granted by Congress for military
bounes will it is believed, very nearly supply the public
demand for several years come and but little reliance cam
therefore, be placed that hitherto fruitful Of
Aside from the permanent annual expenditures, which
have necessarily largely increased, portion Of the public
debt, amounting eight million seventy five thousand
nine hundred and eghtysx dollars and y-nine cents,
1886 59) must be provided for within the next
fiscal years. 1t is desirable that these accruing demands
should be met without resorting to new loans.
All experience has demonstrated the wisdom and policy
raising large portion Of revenue for the support Of Govern
men from duties goods imported The power lay these
duties unquesonable and its chief object Of course
replenish the treasury But if in doing this incidental
advantage may be gained BY encouraging the industry Of
citizens is duty oava ourselves Of that advantage
duty laid upon article which cannot be produced in
this county-such coee-adds to the cost Of the
article, and is chiefly wholly paid by the consumer. But
duty laid upon article which may be produced here, s
uates the skill and industry Of country to- produce
the article, which brought into the market in csmpe
tton with the foreign article and the importer is thus
PEELED to reduce price that at which the domestic article
be soh thereby throwing part Of the ouy upon the
producer of the foreign article The continuance Of this pro-
creates the skill and invites the capital which finally
able to produce the article much cheaper than could have
been procured from abroad thereby beneng both the pro-
ducer and the home The consequences of this
is that the artisan and the agcuust brought together
each affords ready market for the produce Of the other the
whole country becomes prosperous and the ability produce
every necessary life renders Independent in well
| as in peace.
high tariff be permanent 1t will dis
satisfaction and will be changed. II excludes competition
and thereby invites the investment of capital in manufactures
to such that when changed brings Distress bankrupt
y and ruin upon all who have been msed by its faithess
protection What the manufacturer wants is uniformity and
pemaneacy that he may feel confidence that he not to
ruined by sudden changes. But, make tariff uniform
and permanent is not only necessary that the law should
not be altered but that the duty should Auctuate. To
effect this all duties should be specific wherever the nature
Of the article is such admit of it. Ad valorem duties
ac,uate with the price, and offer strong temptations to fraud
and perjury Specific duties the contrary are equal and
uniform in all ports and at all times and offer strong in
ducemen to the importer bring the best article as he pays
duty upon that than upon one inferior quality
therefore strongly recommend modification Of the present
tariff which has prostaed Of ou most important and
necessary manufactures and that specific duties be imposed
nation in favor Of the industrial pursuits our own country
La~~ 49,