Weekly national intelligencer., 1851-02-08

Total production Of gold in the United States during that
period Of twenty mine years nine months, 937
which on whole exports during that period was per cent
which added TO 9.S makes 4 8. ,t.g. ls,
y Period Of 1874. ls45. ls4s unda. t~6 Of ls4a. ss
Imports consumed. 03S stS
Domestic exports. .......... .... $685. 705, l46
sa "a. .333, 500
Deduct excess Of exports of specie. 42s7674
asa uas s,O4s,ass
Which is about 80 per centum exports Of domestic pro-
duce for that period. 3
Gold produced in tina. period ss 1911 1885, per cent
on EXPORTS which added to 2.6 makes 3.6 per cent
Period Of ls4s, ls4s, 1850, under tariff Of ls4e,
Imports consumed exclusive Of specie. .37 24s O43
Exports domestic produce, exclusive of specie
40, ,435, ,O2O
Deduct Of exports of specie... l,l2s,oos
E.ces, Of imports. 2s, 500, ola
Which is 73 per cent on domestic exports during hs
period. 81 I'm t...5,,s,os, f5i.
Total production of gold in United States for that period
$34, l60, 1851. f
Which is 8 per cent on domestic exports This added
makes 1853 per cent for share Of fsghs and pro-
fits of trade. - ,t4 ls.s sft.a,g tfy08 ~
Mr. HusrxR concluded by offering the following ad
dtiona seoD to be inserted after the first In the proposed
substitute ,tsF hs40 seq4Fe,1 II. ,agf I'VE $3raat
And be enacted Sc. That the certificate Of any Of
the appraisers the United States Of the duabe value Of
any imported merchandise required TO be appraised shall be
deemed and taken be the appaisement OF such mercan
disc required by existing laws be made by such appraisers
And where merchandise shall be entered at ports where there
appraisers the certificate Of the officer, to
whom 10 the estimating and collection Of duties Of
duabe value Of required to be appras
ed shall be deemed and taken to be the appraisement OF such
merchandise required BY existing laws to be made by such
venue officer. sF,'t ~. II, n 5 MI, ..l WEI
I'M Mr.. WINTHROP. have no purpose Of delaying the
action Of tho Senate upon this bill by any dstaled discussion
Of its character and objects feel bound however, to make
my acknowedgmens to the chairman Of the Committee on
Fnsnce for the prompt attention which he has given to the
measure which had the honor to introduce few days ago,
and for the opportunity which be has thus afforded of
taking part passage before retiring from the Senate
may be allowed also to say, that the amendments which
have teen reported by the COMMITTEES are very much whail
expected they would report. had little or hope that
they would be willing to accede at to the principle Of
home valuations which contained in the original bill.
And although believe that this principle would be very
great improvement 10 system, and that ought
to be adopted if system Of universal ad valre duties is
still be maintained vet ready to make virtue Of ne
cessy aud submit to the postponement OF that principle to
auspcious and convenient In other words sir
am in favor Of securing whatever improvements may be
found practicable in SYSTEM under existing cir
and at the present session. instead OF rskng the
substantial good which may be within grasp, by any vain
struggle to accomplish something better. ij 81 n
The amendments which the committee have framed to
remedy the effects Of that judicial decision in my Com
monweah which called the attention of the Senate the
other day. and which has recently been confirmed by the u
preme Court of the United States, will undoubedybe Of the
greatest importance in the collection of the revenue, and am
therefore for adopting them they repore without in
sistng upon the provisions of the bill originally introduced
The other amendments Of the bill of less substantial
character The addition Of to the number Of the ap
prases large, and the specific provisions relating to their
duties entirely satisfactory to and hope they will
meet the concurrence Of the Senate confess could wish
that the Committee Finance had fit to provide
liberal and ample salary for these appraisers, as in my udg
men there class Of officers in the revenue service which
one requiring higher degree Of diligence, intelligence and
fidelity. But under all circumstances am for taking the
bill as is before us in the that it will do
much for securing full fair, and uniform collection Of
duties and for protecting the Government and the honest i'm
porter from the injurious inequalities and frauds which
now so prevalent throughout the country
I cannot help adding, however, in single word,
that in my humble judgment the great work Of remedy
ing the evils of present revenue system will still re-
main to be performed. That work cannot be originated
here 1t may be postponed elsewhere. But the Senator
from Virginia may depend upon it that at no distant day it
will be forced upon usI should rather cay it will be forced
andhose associated with him hereby the necessities
both Of the Government and of the people That vast food
Of importation to which the Senator has alluded with
much satisfaction and from which he has augured such favor
able effects interests of commerce and the general
prosperity Of the countryha vast food Of mporation
whemng as think it has done, so many branches OF our
industry home and accumulatng, has done, such
formidable debt against abroadcannot go much longer
unchecked without producing revuon in financial and
commercial condition Why, according to the estimate Of
very intelligent gentleman of the largest experience in these
Matters in the foreign service of the Government
have already contracted debt Of not less than hundred
and fifty millions of dollars the other side of the water
Meantime, importaons rapidly increasing 1t
timated by the best authority that they will
less than hundred millions during the present year thus
exceeding by nearly FIVE and twenty millions those of the last
year. learn from entitled credit that during the last
week. the week before the last the collected in the
single port Of New York was not less than million Of dol
lars which supposes importation at the present rates Of
duty of not less than four five millions in single week
Now, sir day Of reckoning between and creditors
must State stocks, railroad securities and treasury
bonds may postpone it, but they cannot avert it. The day
opsyment And when does come, think the
country will be able to decide better than it now how
far the tariff Of 1916 has been the altogether wise and bene-
fcent system which the Senator from Virginia has often
represented it to be.
The Senator think that the frauds the
have been greatly exaggerated. They may have been
jec and he will doubtless furnish it in due time. But
very glad that the Senator'S theory and practice have not al
together agreed this OCCASION and that while he protests
that the frauds few and nconsderabe he has yet
given his sanction to bill which will prove, persuaded
most efficient preventive Of them 10 future. shall concur
with him. therefore, in the passage Of the BILL and appeal
from his arguments to his But Ihope that dstant
not in this may find opportunity Of devising mea
sure adequate the protection Of American labor and
to the maintenance of sound commercial and financial
condition Of the country.
Before taking my seat desire to explain statement
which made the other day, and which brought to my
notice inaccurate. said that there were about twenty
assistant appraisers i the port Of New York It would have
been more literally correct to say that there Eve ass
ant appraisers and about fifteen appraisers clerks Iiook