New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-12-18
CANADA.
Customs Revenue and Provincial ENPendi-
tures-Thc EIections-A Majority for the
Governmental Singular Speech. &C.. &c.

TORONTO, Saturday, Dec. 10, 1851
The increase in the customs revenue In
the present over last year is $685. 1886 nearly
entesn per cent There is also increase in the
revenue derived from public works, but it scarcely
exceeds eight per cent The total increase under
this head is $50 SIS 1t would be mistake 20 regard
these facts AS furnishing cause for congraiulation
The Truth is, as stated in my last the Province is
contracting debts which 1t has available means OF
paying In ls49, the invoice value Of the goods i'm
ported into the Province and the duties paid thereon
amounted to sl3,7s9, 759 If to this sum add the
cost of freight and agencies, the amount viii De
swelled 10 $I5 5GO 600 Against this exported IN
,taty products 10 the value OF little over $1,000
0C0 leaving balance against us Of over S6OO0,OO0
Ia 1850 the value Of our imports, and the customs
duties paid thereon rose TO $l9 s44 goo. Ito this we
add the cost of freight and agency the total amount
will exceed S22 10000, while our exports did not
exceed $ll 100000, leaving sdehcency OF SllOO,.
000 In the two years the cost OF Our imported
goods with duties, freight agencies and Insurance,
exceed by $7 600 0C0, the value of our exports No
doubt the Is worse for 1851 CeTtamlt that
there s an Immense increase IN the amount and cost
OF imports duties ard other charges, wsle is not
at all probable that there is anything Ike cor
responding increase in the vaue OF our exports
There is no doubt an increase IN the amount, out
there will be very little IN the value. Il is ceriAn
that paw day must come some time, and before long
and IL rs TO less certain that 1t will bring with 1t
financial crisis that will cause very widespread
bankruptcy. There are other assets however, wnlcn
have not named but they viii fall very far short of
KING up the deficiency. They consist OF the milf
tary expenditure and the money brought INTO the
ccl;n,ry by emlgrar,s The first item will be con-
siderable, though | cannot al THIS moment lay my
lald upon the exact amount The second Will De
very neon siderable 10000 emlgrants VIII not BRING
much capital into the country and even against THIS
we must place the amount seat out OF the country by
entrants to enable their friends 10 follow them 30
that TINS item S amount TO very little indeed. IT'S
evident enough think. that we are on the verge OF
III ancla cns.s, which cannot be STAYED OIL mlch
longer. The revenue from customs VIII De small
enough next year and although the Provincial ex-
chcquerrOS grOans under plethora OF cash. IL VIII
be purg before long, by the operation OF process
mai cannot be stopped go, -
eminent " i'll have Il good working majority and
that is about al that be said OF the matter Al
present Not ore oil the Ministers found the shghest
difficulty III securing his return to Parliament and,
as predicted. Mr.. tincks has been returned for two
uoDeT Canada constituencies. Sir. Mackenzie has
been returned for Haldlmand by a la ee majority.
At the declaration of poll IN this city Yesterday,
curious annexation sort OF speech was MADE oy one
of the Tory candidates elect. lie contrasted our
system Of government with that oil the state oil Was
sachusetts and drew conclusions greatly IN faVer OF
the latter Massachusetts,, he sad, had compare
lively sterile soil, OF which any one OF our farmers
would refuse to accept thousand acres as yet
the people OF that State are tar than
ours The mechanic gers better paid for his labor.
and has far less taxes 10 pay The whole pubic DEBT
amounts 10 only few shilings "A head, While ours
amounts to s 10 per head OF the entire population.
Such Is specimen OF the arguments that came rom
the lips of man who owes ms return 10 Orange IN
hueDce. He disclalmtd all desire TO annex TINS
Province 70 the Uniied States but declared his In.
tenton 10 attempt to induce the Legislature to adopt
American IL institutions. His speech was highly ap-
pauced BY the assembled Orangemen. l. c.