The southern press. [volume] (Washington [D.C.]) 1850-1852, 1851-07-18


a. f6,aove< III
aThe posps4ty cfths Ual6d States y 20
;otmss~ ~ iutsrno YEA With th1tof this country.
that tbs sxtrsord{nary iocrsase a1federal Esvsnne
win be regarded a apiece a. domestic good
for4sns. Their Tevaias 10 inreasing beyond
all anticipation. Eighteen months ago" says
this article, 6 the then Secretary of the Treasury
warned his fellow citizens that they must make
up their minds to additional duties on imports or
a loan OF Sl6,OOOO0O. lie leant to the former
alternative, and there ensued no little chuckIng
in this country at the prospect OF our own lib
eral measures meeting with This scurvy, though
perhsps unavoidable, requital."
81" Six months ngo," says the Times, !" the rev.
enue was 80 promising that the present Secretary
advanced his predecessors calculations from
1872 100000 to $45.O00,0 0Op
g II the current quarter produces only AZ much
as it did last year, the total tor the year ending
the 3 st instant will exceed by $3,000.000 Mr.
Corwin's estimates made last December. In this
case no loan will be required. An for the other
alternative Of additional duties upon imports, it
has been already disposed OF in Congress-"
ut is no empty compliment, but literal
truth, that this nourishing condition Of the
United States revenue is rs great blessing to
us as an equal excess in our own revenue. For
all practical purposes the United States are far
mere closely united with this kingdom than any
one Of our colonies; and while these commnni
ties are colonies in name, but in reality either
prisons, garrisons, or independent communities,
the United States keeps up perpetual inter-
change of the most important good Offices tax.
ing our manufactures and our surplus popuia-
ton, and giving us in return the materials of in
dustry, Of revenue and of life.
vHhoro MN up ftUn an Mt in fho xvorlA he
they ever 70 adjacent, where frost ia spring, or
a bligh. in autumn, a speculative n1auia or
commercial collapse, false opinion or an un-
wise enthusiasm, in either Of the two, so imme-
dately and certainly tells upon the other. The
relations between the parent aud the child,
separated as they are in politics, are as UNI
paralelled in their intimate nature as they are in
their enormous extent. In the present instance
the American revenue renders it unnecessary to
put any additional impediments on the coul.
merce of the two countries. The American citi-
zen is not to pay any higher penalty than he
now pays for the use of British and other for
eign manufactures, and the Englshman is not to
suffer corresponding check on his trade. If
we go further buck in our inquiry, we find that
this mutual advantage arises in great measure
from the impulse given to British and American
enterprise by the repeal Of our corn and navign-
ton laws. Looking forward, the prospect is
more CHI erng Before many years the federal
debt will probably expire, and with it the
greater part of the import duties. That they
will wholly expire in the present generation is
too much to expect; for, economical as the
federal expenditure is, it will hardly be met by
so scanty and precarious fund as that from
land sales.
The commercial philosophy which adorned
II: "A
was received with rounds of applause by GER
tain parties in this country, has been singulary
unfortunate. 1t has been rejected by the legis.
lature to whom it was addressed, and it has been
discredited by the result of the next six months
So far as the federal revenue is concerned, there
is now absolutely no pretence for additional du-
ties, or for any more stringent rule Of assess
ment As for protection, the Improvement Of
the revenue under the system which Mr. Corwin
denounced as Injurious to domestic enterprise is
itself sufficient reply"
The customs of the United States for the
quarters ending March 81, l847. 1849, 1850 and
1851, respectively, were $6,30OO0O, SS,347,-
728, 81 ,500,I14, $14448,397. Whatever the
condition of one or two branches of trade. it is
evident that AS whole. the Union has flour
ished under liberal tariff. The produce of the
land sales. meanwhile, has advanced from S24O.-
600 in l847, to sss27,O76 in 1851. The popu
lation Of the Union has increased with a rapidity
which might excite surprise, even in small and
infant State: and the facility with which the
Union has absorbed, employed, located, fed and |
housed million immigrants within the last five |
years is even more remarkable than the unhap- |
py circumstances that have driven them from |
these isles. Not twenty years ago. the most en-
llghtened men in the Union could not con |
template, without serious is-giving and some
talk Of actual resistance, the annual arrival of
some 10000 British migrants. The Union now
halls with well-grounded securi and satsfac |
ton the arrival of that number every month in
the year. The most magnificent schemes are
founded on the hope Of combined emigration
at an equal rate. Emigrants are to- people the /
sides of the New York and Erie railway Just |
completed; and railway, dependent on ike |
support. is now planned right across to Califor
ma What has so great and growing country
to do with protection What has a giant to do
with neutrality-suspicious. If the strength and
greatness OF the Union consist in its numbers,
its territory, it's command Of the necessaries of
life. its communications, its cities. and ita free
dom, how can these be promoted by taxing the
many for the sake of the few, and by SACRIFICING
the whole of the Union to the convenience Of
$ ONE manufactures in New York, and one or
two other States? The question, however,, we
believe to be as finally settled in the United
States as in this country
Partisan pen gives the following English
event for history
At the recent races at Ascot, the famous horse
Iiberus broke his leg by bounding against one
Of the posts of the barrier, while preparing for
The race. His owner, Lord Mllbank, lost ten
thousand pounds in the bets npon him, besides
hs value, and others lost heavily, the law of the
course being that all lost bets shall be paid.
whether the fixture to win come from accident
Or less speed W
Three days afterwards Lord Milbank gave n
very sumptuons dinner. The most distinguished
IF the English peerage were present, and the
ran high. Towards the close, the
noble host arose in bis place, and proposed to-
rink to the departed Tiberius II was clamor-
,usly received, but the speaker remained stand.
ng, with his glass in bis band,
1--WE drink to Tiberins," said Lord MilIbank.