Republican vindicator. [volume] (Staunton, Va.) 1849-1857, 1850-12-09

CHCtCl uPou Tue performance OIL the uQtleS III
posed upon him by that act 1t is hoped
that those duties may be completed within the
time which ii prescribes The documents, how
ever; which the Imperial Government, by the
third ARTICLE OF the convention, stipulates to fur
| nlsh 70 the Government of the United States,
haye not yet been received. As it is presumed
hat those documents will be essential for the
correct disposition OF the claims, it may become
necessary tor Congress TO extend the period linn
lied Tor the duration of the commission. The
sum stipulated by the 4th article of the conven.
lIon to be paid to this Government has been re-
ceived
:, Iae collection i'll the ports of the u. States of
discriminating duties upon the vessels of Chill
and their eatgoes has been suspended, pursuant
to the provisions Of the 24;h Of May, 1928. 1t
is to be hoped that this measure will inpat a
fresh impulse to the commerce between the two
countries which, Of late and especially since
our acquisition of California, has, 10 the mutual
advantage oil the parties, been much augmented.
Peruvian guano has become so desirable an ar
tcle 10 the agricultural interest of the United
States, that 1t is the duty Of the government to
employ all the means properly in its power for the
purpose Of causing that article to be imported into
the country at reasonable price. Nothing will
be omitted OF my part towards accomplishing this
desirable end. | am persuaded that in removing
any restraints on this traffic the Peruvian govern
| nent will promote its own best interests, while it
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 Of the Hawaiian Islands, which
has recently been made public, will, is believed,
have beneficial effect upon The relations between
the two countries
Ihe relations between those parts Of the Island
OF st. 'omlngo, which We're formerly colonies Of
SPAN and France, respectively, are still in an
unsettled condition. Tho proximity of that Island
to the United States, and the delicate questions
Involved In the existing controversy there render
It desirable that should be permanently adjusted.
The interests of humanity s of general commerce
also demands this; and as intima tons ofthe same
sentiment have been received from other Govern
ments, 1t Is to be hoped that some plan may be
devised to affect the object in manner likely to
give general satisfaction. The government Of the
United States will not fail, by the exercise of all
proper friendly Offices to do all in its power to
put an end to the destructive war which has ragged
between the different parts of the island, and to
secure 10 them both the benefits Of peace and
} commerce.
refer Won to tia report of the Secretary of the
treasury for detailed statement of the finances.
The total receipts into the Treasury, for the
} year ending 30th June last were forty sever
million four hundred and twenty one thousand
seven hundred and forty EIGHT dollars ard ninety
} cents, (S47 ,42l ,748 90)
were forty three million two thousand one hundred
and sixty eight dollars aud ninety cents, ($43,-
COZ, l66 90
Ihe public debt has been reduced since the last
A annual report from the Treasury Department four
hundred and ninety five Thousand two hundred
and seventy six dollars and seveu.y nine cents,
/. ($495,2 76 79}
) by the 10Th section of the act of the 2Sth JAN
uary, lS47, the proceeds of the sales of the public
lands We're pledged for the interest and principal
;, OF the public debt. The great amount of those
4 lads subsequently granted by Congress for mill
tary bouutles, will, it is believed, very nearly
supply the public demand for several years to
come, and but little reliance can, therefore. be
placed on thas hitherto fruitful source of revenue
) Aside from the aunual expenditures, which
have necessarily largely increased, a portion of
the public debt. amounting to eight millions sew
! entJ live thousand nine hundred and eighty six
dollars and fifty nine cents ($S, 0759S6 59) must
DO provided Tor in she next Two fiscal years. 1t is
most desirable that these accrung demands should
be met without resorllng to new loans.
All experience has demonstrated the wisdom
ana poAcy OF raising large portion OF Revenue,
Tor the support of Government from duties on
goods imported. The power 10 lay these duties
is uuquestonable, and It's chief object, OF course
Is to replenish the treasury. Bat if in doing
! this, an lncldental advantage may be gained bv
encouraging the industry OF our own citizens, it
, Is our duty to avail ourselves of that advantage
A duty laid upon an article which cannot be
produced in this country-such tea or coffee
adds to the cost otthe article and is chiefly or
wholly paid by the consumer. But duty laid
3 upon an article which may be produced here,
stimulates the skill and industry of our own
country to produce the same article, which is
brought into the market in competition with the
foreign article, and the importer is thus COM
PEELED to reduce his price to that, at which the
domestic article can be sold thereby throwing
part OF the duty upon the producer of the for
el9n article. line continuance OF this process
creates the SKILL and invites the capital which
finally enable us to produce the article much
cheaper than it could have been procured from
abroad, thereby beneittng both the producer g.
) the consumer at home. The consequence of
this Isl that the artisan, and the agricuturist.
are brought together, each affords ready market
Tor the produce OF the other the whole country
becomes prosperous land the ability to produce
every necessary OF life renders us independent
in war as we'll as i'll peace.
> nigh tarlli can never be permanent. 1t will
cause dissatisfaction and will be changed It
excludes competition, aud thereby invites the
; Investment Of capital in manufacturers TO spch
excess, that when changed it brings distress,
bankruptcy, and ruin, upon all who have been
missed by It's 1aithless protection. What the
manufacturer wants, il uniformity and perma
neney, that he may feel confidence that he is
not to be ruined by sudden changes. But to
make II tarli unitom and permanent is not on
ly necessary that the law should not be- altered
but that the duty should not Auctuate To ef1
lec this, all duties should be specific wherever
the nature OF the article is such as to admit oft
4 AID valorem duties lluctuate with the pries, and
: otter strong temptations to fraud and PERJURY
Specific duties, On tho contrary, are equal and
uniform in all ports, and at all times, and offer
# a strong ineucemeat 10 the importer TO bring the
!. best article, as he pays no more duty upon That
: than one OF inferior quality. therefore strong
e ly recommend modification of the present ia.
/ riff, which has Frustrated some of our most i'm.
}, portant and necessary manufactures, and that
specific duties be imposed sufficient to raise tho
1 | r.L.A Co.