Cooper's Clarksburg register. [volume] (Clarksburg, Va. [W. Va.]) 1851-1861, 1852-12-15

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its construction, and that archives Of the
Government in charge of the Department,
with the precious collections ofthea man-
uscript papers of Washington, Jefferson,
Hamilton, Madison and Monroe, are ex-
posed to destruction by firc. slA A. similar
remark may be made ofthe buildings ap-
propriated to the War and Navy Depart.
ments, lse1os ia 70 g aNsd seaaaPaR
-iisThe condition of the Treasury is exhif
bited IN the annual report from the q De-
partment. ''a''.ilpA sH4 s's''lii hls
The cash receipts iuto the Treasury for
the fiscal year ending soth June last. eS.
elusive of the trust funds, were forty nine
millions seven hundred and twentyaeight
thousand three hundred and eighty six
dollars and eighty mine cents S49.7e8.
$50 SO. } and the expenditures Tor the
same period, likewise, exclusive of trust
funds, were forty six millions, seven thou-
sand eight hundred and ninety six dol.
lars aud twenty cents. (S46, 700, ,896 eo.)
of which nine millions four hundred and
fifty-five thousand eight hundred and fif
teen dollars and eighty three cents, fS9,!
ass, $40 S31 was on account of the pfin-
cipal and interest Of the public debt, IN
cluding the last installment of the indeml
nifty TO Mexico, under the treaty of Gau.
daloupe Hidalgo, leaving a balance of
S14. $50. 1S6 81 in the Treasury on the
first day of July last. sl'sf- o.-
81. l. a.. =
ses of the principal of the public debt
have been made to the extent of two mil
lions four hundred and fifty-siN thousand
five hundred and forty seven dollars and
forty-nine cents. aud the surplus in the
Treasury will continue to be applied 70
that object whenever the stock can be
procured within the limits, as to price au-
thorized by law, .i'. !. -. -.
The value of foreign merchandise inn
ported during the last fiscal year was two
hundred and seven millions two hun
dred and forty thousand one hundred
and one dollars. and the value of donnes-
tic productions exported was one hundred
and forty mine millions eight hundred and
sixty one thousand nine hundred and ele-
ven dollars besides seventeen millions
two hundred and four thousand and twen-
ty-six thousand dollars of foreign mer-
chandisc exported; making the aggregate
of the entire exports one hundred and
sixty seven millions sixty.five thousand
nine hundred and thirty seven dollars;
exclusive of the above there was expor-
ted forty two millions FIVE hundred and
seven thousand two hundred and eighty
FIVE dollars in specie; and imported from
foreign ports Eve millions two hundred
and sixty two thousand six hundred and
forty three dollars. n'',o
In my first annual message 70 Con-
gress, called your attention to what
seemed to me TO be some defects in the
present tariff, and recommended such
notifications as. in my judgment were
best adapted to remedy its evils and pro-
mote the prosperity of the country. No
thing has since occurred to change my
views on this important question.
Without repeating the arguments con-
tanned in my former message, in favor Of
discriminating. protective duties, 1 deem
it my duty to call your attention TO one
or two other considerations affecting this
subject. The first is. the effect Of large
importations of foreign goods upon our
currency. Most Of the gold Of Califor-
MIA, as fast as it is coined, finds its way
directly to Europe in payment for goods
purchased. In the second place, as our
manufacturing establishments are broken
down by competition with foreigners, the
capital invested in them is lost, thousands
of honest and industrious citizens are
thrown out of employment and the farmer
to that extent is deprived of home mar
ket for the sale of his surplus produce .Hi
In the third place, the destruction of
our manufactures leaves the foreigner
without competition ID our market. and
he consequently raises the price of The
article sent here for sale, as Is now seen
in the increased cost of iron imported
from England The prosperity and wealth
of every nation must depend on its pro-
ductiye industry The farmer is stimuia-
ted to exertion by finding a ready mar
ket for his surplus products, and benefit
ted by being able to exchange them,
without loss Of time or expense Of trans
portation, for the manufactures which his
comfort or convenience requires. .1'h -
This is always done 70 the best adyan-
tage where portion OF the communism n
which he lives is engaged in 9th skill 0
suits. But most manufaetpunless they 2
amount of capital anabn ruinous com q
which cannot be a Hence the neees:
be protected. dose duties upon imported =
petition t the constitution authorizes !
sityseuue. In such manner as 70 pro-
&. and encourage the labor Of our own /,
;tizens. Inc" S-f sAl II.
Duties however, should not be fixed
1 a rate 50 high as 10 exclude the ioreigu
.rticle, but should be SO graduated as. 70
,nable the domestic manufacturer iairly