The daily union. [volume] (Washington [D.C.]) 1845-1857, 1852-12-16
the New York Courier and Enquirer.
The Moral Power OF American Prosperity

Spanish capital The views presented not in every
particular correct, bat they furnish unmsakeabe evil
dence OF the influence OF national upon for
elgn governments, and also tend 10 confirm representa-
tons which have come TO US from other quarters, that
disposition prevails at Madrid to relax the rigorous poll
icy OF the government especially brought 10 bear up
on the colonies. The late experience OF the Spanish
regime has done much TO inspire OF the necessity
OF yielding TO The light OF knowledge and the force OF
public opinion Spain is fast reaching momenous pc
Rod IN her history and it gratifying that she has
public writers who perceive her proper path and have the
bodness TO indicate il. in spite OF all the restrictions
which hamper the press
Translated from the Madrid Heraldo ofNov. 81
The SURPLUS THE TREASURY OF THE UNITED
STATEs.-rhe United States now find themselves in
terrible situation. They threatened by a question
which nobody knows how solve; and all their states
men and Journalists in vain appeal 10 their ingenuity to
discover how they may escape from this imminent and
unforeseen danger The danger, the terrible situation,
and the unanswerabe question consist in this, that at
the end OF the year the federal treasury will find itself
with surplus of twenty millions of doars-the product
OF an enormous increase OF entries al the house
thanks 10 that prosperity which is rapidly extending in
that country. A New York paper gravely calls this "a
public calamity, and says ''that this of entries
has become so alarming that the treasury has offered to
seek Tor some proper means to diminish it."
Our readers will doubtless laugh at danger of such
nature producing such alarms and will perhaps remem
Der the anecdole OF an individual who was asked by
his companions at an evening party why he so pen
sive, and replied " thinking OF the great an xiety il
would give me II at sucn an nOur as ms should be
formed that cart was standing at the door Of my house
with hundred thousand dollars sent present
Aad yet our readers will do wrong laugh for in fact
that balance OF money which would make us leap for
JOY IN Spain raises some very complicated questions in
the United States.
What is be done with that balance Or, more prop
erly speaking, what is TO be done with the excess in flu
ure years which it promises, in perhaps greater proper
tons That is country of clear accounts; and this
surplus cannot disappear myseriousy has sometimes
been the with certain large sums surpluses in
some despotc governments OF Europe In that country
extraordinary expenses cannot be decreed and the gov
eminent cannot dispose OF such they may think
proper IN favor OF such such work OF public inter-
est 1t is equally unlawful TO create debts to augment
existing ones in order that the increase of interest may
absorb the threatening surplus What then, be done
in order TO consume IT, and prevent its reproduction in
future years, TO excite anew the same difficulties
TO escape from such troubles the United States have
only three ways at their command
LIST. To engage in some which shall increase eY-
pense.
ID To make large reductions in the duties
3D. To increase them TO an exaggerated degree, as
to check commerce, which fills the chests of the treas
ury with an abundance terrible.
The first OF these would be ingenious for if it
did not reduce the income, would least increase the
expenses and perhaps debt would result which
would consume further in advance the of re-
ceipts. But then is the inconvenience that made
with powerful an aid of twenty millions
oil dollars would be almost certain in its result and would
bring IN its train increase OF prosperity which would
aggrayatc the evil instead OF remedying it.
TO the second means the protectonists of the United
States opposed with all their force II is true that If
the duties imports were reduced the people would
purchase at lower prices sugar, wne and the fabrics
they need 1t is true that they would have money
left TO apply TO other other enioyments
10 their amusements education but in exchange, the
manufacturers would be obliged TO labor rival
European manufactures; and if they did not diminish
their profits they at least would obtain them with
much convenience and ease at the present time And
what the moral physical, and intellectual interests of
twenty millions oil consumers compared with the
convenience and OF half million OF manuactu-
rersl On the other hand, the eerade assure US
relying on facts which experience has not denied in
single instance in the history of the world-hat the re-
duclion OF duties will lniably increase of i'm
ports, and consequently aggrayaon OF The evil. This
solution, therefore, is not admissible, il only
Tor the that would give rise 10 conflict be-
tween both schools which might produce civil in
the United States
proecionsts and consists in increasing the import du
Ties, and placing checks commerce that il may not be
so rapidly extended But, besides opposition which this
system fnds on the side of free trade men, this
immoral and ridiculous, and loo much resembles the old
system OF the Hoanders, who, when they had too large
crop OF cinnamon their colonies burnt half OF it, and
thus made prices rse and economical freghts. caring
very little for the interests tastes OF the consumers
To cut OF the springs OF public prosperity, voluntarily
paralyze the development OF wealth. 10 condemn large
cities TO misery and hunger, and to encourage smuggling
and disorder IN order to avoid the great evil of TOO full
treasury are besides repugnant TO the instincts Of the
AngloSaxon race, although favorite OF other hu
man races, and there Is probability that they will be
appealed TO-
The difficulty, them remains The surplus still exists
knows not how to set aside such cruel calamity Some
have midy proposed that premiums be awarded to man
utacturers but TO this answered. that the agricultu
the miner, and the merchant have as good right 10
share and, therefore, this not admissible |
We frankly confess that do net perceive what can be
doHe unless following example, the Anglo Ameri-
cans decide to prohibit The mining OF gold in California
lnalng the ingenious idea. OF Philip III when he
ordered the closing of the Spanish mines.
As will be from what has been said the difficulty
is truly greatof magnitude which we unhappy cannot
understand, because have always found ourselves in
the opposite difficulty But, al the same time IL cannot
fail to fill us with wonder to witness spectacle so new
and unforeseen nation born but yesterday (for il
has been N existence only sixty years. has converted it.
sell from colony TO power OF the hrst ORDER has now
twenythree millions OF inhabitants, has liqudated all it's
debts Is crossed in all directions by railroads. canals and
electric elegraphs, while the great obstacle which il meets
with IN its a surplus OF twenty millions of dol
lars In the meanwhile the nations Of Europe with the
exception OF England since she has gbtensd her tariffs
struggle with constant deficit and keep themselves al
peace by enormous armies while some of them see
their issie territory depopulaed their ports deserted
and The most active portion OF their population converted
INTO smuggers who keep up apermanent civil war; and
live b. the daily violation oil the laws There is some
thing in this contrast which merits profound and de-
lbeIae study by means OF which we NAV succeed in
hnding The medicine required by our msladies
" There Is something rotten in ht Siok Of Denmark y
as Hamlet says; and many must be the reforms required
oy the material state OF continent TO which IL is
more important 10 direct attention than TO the tnes
which now absorb minds. What is the medicine re- /
qued by our condition We leave this question 10 those
who can examine 1t; for we have arrived al the limit
prescribed to and do not wish make useless efforts
against the gilded wires OF our cage.
DEATH or john l.. CAREY, Eso-The mechanically in