The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1851-12-06

The two oceans MAY ultimately prove thd moal
eligible fpT travellers 20 and ffom The ihprent
stalss on the Atlantic and tho duff af MOI,
co and ouf GOast 0n the Pacific, theirs 10 LILLE
rsssan o. doubt that all of them will be useful
20 the pablo, and will literally reward thai
individual enterprise by which alone they
nave been ofar expected 10 be carried into
effect
Pesee has been concluded beiween the con
tending parties "a The Island Of ~. Domingo,
and lt . hoped, upnn a dUrable basis Such ~
the eEtant of onT commercial relations with
that island, thai tho United States cannot fail
20 feel strong imeFest 10 ilb tranquility,
The Office Of Commissioner 10 China re-
mains untitled several persOns have been
appointed, and the place has buen offered %
others, all Of whom have declined Ia accept
ance Oh the ground Of The lnadequaay OF tha
compensation, The annual allowance by law
IL six thousand dollars, and there N 40 pro,
vision for any outfit, ! earnestly recommend
the consideration Of this subject a. Congress
Our commerce with China i highly impor-
tant, and l. becoming more and more 400 IN
consequence o. the Increasing lntercourar be-
tween our ports en- the Pacific aud Eastern
Asia China u understood % bp a country
IN which living u very eNpensiNcand know
Of no reason why the American Commission
er sent thither should not be placed, In re-
gard 20 compensation ON AN equal footing
with ministers who represent this country at
the courts OF Europe
By reference Ia iho Report oi' fIe Sc6rtia.
~ Of the Treasuryit will be- seen that the az,
| gregate receipts for the last fscar year a.
mounted 10 S52,3l2,97O 81; which, with the
balance Ia the Ircasury,on the let July 1850,
gave NJ tho available means for the year, the
Anni 0fE5H.pI .a2i 30,
The total expenditures for the same period
were tis, OO5 1873 o..
The total imports for the year ending 90th
June, 1881, were S2i5,525,O95
! OF which there were IN specie f,9679Oi
The exports for the some period
! were s2IZ5I718O
! OF which there we're
ofdomestie products sI7B ,5iG,555
! Foreign goods re-
exported 9,7as,505
I Specie 20,23l,S $50
'-------2i7,5i 7Ig0
Since the LIST Of December last the payments
IN cash ON account Of the public debt, cxclu,
siye OF interest, have amounted to ,5OI, i5G,.
DO; which, however, includes the sum Of 50 =.
2i2A9O paid under the i2lh article OF tho
the treaty with McNico,and tia further sum Of
! s2,69l,2l5 ~ being the amount OF awgrd- "a
American citizens under the late treaty with
Mexico, for which the issue orstork was au,
lhorized, but which WIS paid ia cash from the
| Treasury
The public debt on the goth utimo, cxrlu
siye the stogk authorized to bc issued tl
Texas by the act OF oh September, 1880
was 2,jGo, 1915 20.
The receipts Tor the next fiscal year ar,
estimated NJ 5l.a0O,OOO. which, with the prob
able unappropriated balance in tho. treasury
on the 3Oth OF june next, will give, ~ IA,
probable available nTcans for that year, the
sum OF sos, 23S,5t3 90.
IL has .h,...t, ,,,-,,.... =.
large expenditures consequent upon the ac.
J QUESTION OF territory from MGXico, that the
estimates for the next fiscal year should he
laid boiore Congress in such manner as e.
distinguish the expenditures 80 required from
the Otherwise ordinary demands upon the
/ Treasury.
The total expenditures for the next fiscal
year arr cstimatcdat si2, 1899, 299 9,orwhirli
there is required for the ordinary purposes
OF the government, other than those conse.
/ quent upon the acquisition ofour new Terri.
tories, aud dcducting the payments on ac.
count OF the public debt, the sum OF S99,3Ia,.
/ 1913 90 aud for the purposes connected dl-
rectly or indirectly with those Territorics
and in the fulilment OF the obligations of the
I t6TvrHWuut, ruutTart-gs- H--z1nurrJsfr-rts-s if
their acquisition, the sum of So, 540, I0lll.
! If the views OF the Secretary of the Treas
ury in reference to the expenditures requir.
cd for these Territories shall, be met by cor
responding action ui the part Ut Congress
and appropriations made in accordance thore-
with, there will be an estimated uuappropri-
atcd balance in the Treasury on the gOth
June, S53, of $50 ,366,II3 80, -wherewith 10
meet that portion of the public debt due on
! the let Of July following, amounting 20 So
23195l 10, as we'll AS auy appropriations
which may be made beyond the estimates
-ln thus referring 10 the estimated expendi-
lures on account Of our newly acquired terri
tories, may express the hope that Congress
will concur with me in the desire that a libe-
raj course of policy may be pursued towards
them, and that every obligation, express or
/ implied, entered into in consequence of their
acquisition, shall be fulfilled by the most lib
eral appropriations for that purpose.
! The values Of our domestic exports for the
last fiscal year, as compared.with those of the
previous yearexhibit an increase of S48, &C.
322. At first view this condition of our trade
with foreign nations would seem TO present
the most flatterng hopes of its future pros
perity. An examination of the details of our
exports, however, will show that the increas.
ed value Of our exports for the last fiscal year
is to be found in the high price of cotton
which prevailed during the first half of that
year, which price has since declined about
one half
The value Of our exports of breadstufTs,
J and provisions, which it was surIposed the i'm.
centive of a low Tariff and large importations
! from abroad would have greatly augmented
has fsllen from S6s, 70I, 92li in iS47, to 500
05l ,373 in 1850, and 10 S2I.94s, 653 in 1851
with a strong probability, Amounting almost
! 80 certainty ,ef a still further reduction in
the current year.
Tho aggregate values of rice exported dur
ing the last fiscal year, as compared with the
previous year,also exhibit decrease amount
ing to S460,9i7, which with a decline in the
values of the exports oftobacco for the same
period, make an aggregate decrease in these
two articles of S2,l56,75l.
The policy which dictated a low rate of
duties on foreign merchandise, it was thought
by those who promoted and established il,
would tend to benefit the farming population
of this country, by increasing the demand
and raising the price of agricultural products
in foreign markets.
The foregoing facts however soon, IN sbo,,