The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-08-20
From the London Times, June &
Great Britain aud Am. HSca.

From the London Times, June &
Great Britain and Ann, rso~.
The prosperity Of the United States is SO intimately in.
terwoven with that OF this country that The exlraoId
nary increase OF their federal revenue will be regarded
piece OF domestic good fortune Their revenue Is IN
crcasing beyond all anticipation As we are reminded by
our correspondent al New York. eighteen months ago ihe
then Secretary Of the Treasury estimated the customs Tor
the financial year ending the 3Oth OF this month al S32
900 Oo0 The calculation threatened deficit, and the
Secretary warned his fellow citizens that they must make
up their minds either additional duties imports or
10 loan of 900 900 He leaned to the former aerna
tive, and there ensucd lle chuckDg in this country
at the prospect OF our own liberal measures meeting win
this scurvy, though perhaps unavoidable requila SIX
months ago the present Secretary found his predecessor
far his calculations that for the first quarter OF
the present financial year his receipts from the customs
had been $4 76l 048 This compelled him. rather against
the grain, advance the estimate Tor the year to $4o
100000. In this country hardly understand the
phenomenon OF Chancellor OF the Exchequer shutting
his eyes to his increasing resources but BY the cons-
tuition of the United States, possible and Is actually
the at this moment. that government elected by
universal suffrage may be directly at variance with
State may be compelled as they are at this moment to
administer policy which they have opposed up to the
hour of their admission into Office. Accordingly, six
months ago the American Secretary, in presenting his
port still under the revenue and over estimated
the impending deficit, in order TO urge, he did with
fallacies long exploded this side the Atlanc,
that the old protective tariff, besides bringing
gool deal more to the treasury, would save various
branches of manufacture from ruin Unless We take
suppose these Secretaries honest in their official esi
mates From the day the last made il has been
tnualIy falsfed. The first three quarters Of the year
ending the 30h inst have already produced &c. go 66l
more than eighteen months ago was expected for the
whole year; The produce Of the three quarters being
apectiv-ly $l4.704ol3, $s9l024o $l4a4s ,379-toal.
662 against the receipts Tor the three
ndiDg quarters the year ending june 1850 If
quarter produces only as much as did last
year the total Tor the year ending the 3oh INST wal ex-
coed by 49, 100000 Mr. Corwins estimate made only las,
December In tins case loan will Oe required. As
tor the other alternative, of additional duties upon i'm
ports, il has been already disposed OF in Congress.
Ii s empty compliment hut literal truth, that this
fourshng condition OF the United States revenue is
great blessing to equal excess in our own rev.
enue For all practical purposes the United States are
of colonies; and while these communities are colonies
in name, but in reality either PRISONS garrsons, or indie
pendent communities, the United States keep up perpe
ua interchange OF the most important good Offices taking
manufactures and surp population. and giving
in the materials OF industry of revenue, and OF
djacent where frost in spring, or blight in
autumn, speculative mania or commercial collapse,
false opinion unwise enthusiasm, in either of the
two, Immediately and certainly tells upon the other
The relations between the parent and the child, separa
ted they in politics, are unparalleled IN their init
mate they in their enormous extent In the
present instance the of the American
ders it unnecessary to put any additional impeachment
the commerce 6f the two countries. The American cI-
zen is not to pay any higher penalty than he pays
for The use of British and other foreign manufactures and
the EnKllshman mol TO suffer corresponding check
his trade II further back in our inquiry, we find that
this mutual advantage arises IN great measure iron the
impulse given British and American enterprise by the
repeal OF and navigation laws Looking forward
the prospect ia most cheering Before many years the
federal debt will probably expire, and with the greater
part of the import duties. That they will wholly ex-
pire in the present generation too much expect for
economical the federal expenditure il will hardly be
met by scany and precarous fund as that from land
sales.
The commercial philosophy which adorned Mr. Score.
tary Corwin's report last December, and which re-
ceved with rounds OF applause by certain parties this
country, has been snguiay unfortunate. Ii has been
rejected by the legislature to whom 1t addressed, and
il has been discredted by the results of the six
months So far as the federal revenue is concerned,
there il absolutely preence for additional duties
or for any stringent rule OF assessment As Tor
protection the Improvement OF the revenue under the
system which Mr. Corwin denounced injurious TO do.
nestle enterprise is itself sufficient, reply The customs
OF the United States Tor The quarters ending March 81
lS47 lS49 $780, and respectively were SO 300 OOo
IS 3l7,6ls 500 l44, Ga +S397 Whatever con
don OF branches OF trade, il Is evident that
as whole, the Union has hourshed under liberal tariff
The population Of the Union has increased with a
rapdy which might excite surprise, in small and
infant State; and the facility with which the Union has
absorbed, employed. located fed, and housed million
immigrants within the las, five years ia more re-
markable than the unhappy circumstances that have
most enlightened men IN the Union could
without serious m,sgivng and some talk OF actual
ssiance. the annual arrival OF come 30 0O0 British mm-
grants. Tn. Union now halls with we'll grounded secu-
rlty and satisfaction the ARRIVAL Of that number ev-y
month in the year, The most magnificent schemes are
founded the hope OF a combined emigrauon at an
equal rate Emgrants people the sides OF the New
York and Erie railway, just completed and a railway,
dependent like support, 10 planned night across
TO California What has great aud growing a coun-
try to 10 with protection What has a giant TO do with
adding clothes II the strength and greatness OF the
Union consist in its numbers, its territory, comma nd
OF the necessares OF lite, its communications, It's cities
and its freedom, how these be promoted by taxing
the many for the sake OF the iew and by sacrificing the
whole oil the Union to the convenience of some manu-
urers IN New York and one two other States The