Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1856-12-11


tionary powers to make new contracts for ocean
steamship service He alludes to the fact, embrac.
ing the branch from New Orleans to Havana. that
there are now four ocean steamship lines running
out of New York, at an expense to the Govern.
ment of 81 $4,000 per annum, and says that there
is no reason why one part of the country should
be preferred to the exclusion of others.
Among other points it is stated that negotiations
are in progress with view to the reduction of the
British transit charges on United States closed
mails, and the rate of postage between the United
States and Great Britain to II cents single letter.
REPORT OF TIE SECRETARY OF THE TREASURY.
This document opens with q statement of the
receipts into the Treasury, ending on the Both of
June, 1885, which amounted to $73,9l8,l4l 46,
exceeding the estimates of the last Annual Report
by s., 500 ,407 20, or in round numbers about six
millions of dollars. The receipts were divided as
follows: for customs $64, % 1868 so; for public
lands ss,9l7, 644 3d. and from miscellaneous sour.
ces $977, 633 O3. The expenditures for the year
were 81 948,792 OF, divided as follows: for civil
and diplomatic expenses $25 274, $50 80; for int.
rior, pensions and Indians So, 872 S26 Ga for war
department SIG 94S, l96 SO; for the navy $l4,-
077047 IL; for the redemption of the public debt
$12776,390 SO. The balance in the Treasury on
the lst of July, 1856, was SIS, 90l 1925 As.
The total imports for the year ending June 3Oth,
1856, were s3l4639, 942, and the total exports
1926 1854. 9l8, showing an excess of exports over
imports of ST., 325, O66 In both totals are incu.
ded the shipments of specie and bullion Both tie
imports aud exports are larger than ever before re-
corded in the history of the country.
Itappesrs that the production of iron and steel
in this country, has increased in greater ratio
than the population and consumption, proving that
ere long we shall not only supply our own wants
but be in favorable condition to export these ar
tices TO foreign countries.
The statement Of the tonnage engaged in the
foreign and coastiDg trade of the United States,
shows a decrease from the statement given last
year of 340, 349 tons, owing to a strcter examine
ton Of the returns and the striking out of vessels
which have been lost or sold to foreigners
The Secretary gives the total par value of ns-
tiousl, State, city and corporate bonds and stocks
throughout the aion, at 81 407 sis, 1874, of which
only 5000. 922 .937 are held abroad or owned by
foreigners.
In regard to the Tariff, Mr.. GUTHRIE reittrates
his recommendation to enlarge the Free st-thus
to reduce the revenue between seven and eight
millions. This, he adds, will largely help manu-.
fscturers =.
The wool trade and w0ollel manufactures are
dwelt upon. The Secretary would take off ths
duty on wool.
Those are the principal items of the Report,
which is an able and we'll prepared State paper and
reflects great credit upon the Department
MR.. BUCHANANs FIRST SPEECH AFTER THE
ELECTION.
On Friday, the 28ih ult, the students of Frank.
lin and Marshal College paid Mr.. Buchanan visit
In reply to their congratulations, the President
elect made them brief speech, warning them
against drunkenness and neglect of study, and
concluded with reference TO political matters.
Mr.. Buchanan remarked that his election had
be en- alluded TO, and be might be expected to say
something on that point. He had been elected to
the high and responsible Office of President and
he thanked them most sincerely for their congratu-
lations; bnt whether the event would prove mat
ter of cong ratuation, time alone can determine.
Without saying which party was right and which |
was wrong, the fears of the " Father of his coun-
try" had at last been realized, and we now behed
a sectional party-one portion OF the Union ar
rsyed in political hostility against the other. The
object of has administration Mould be to destroy any
sectional party-Norh or Southland to harno-
qaize all sections of the Union under national and
conservative government, ii sOas fifty years ago.
Unless this be done, the time may come when |
these sectional animosities, which now unhappily |
exist, may Or eak up the fairest and most perfect
form of government the sun ever shone upon. But |
he trusted that the same power which had watched |
over and preserved US in the past will continue to
smile upon us, and make US prosperous, united
and happy people. In conclusion, he said, that if
he could, in any degree be the honored instrument |
of sllsying this sectional excitement and restor.
ing the government to the principles and policy of
our fathers, be would then feel that he had not |
assumed the arduous duties of the Office in vain.
R- JOHN PREsooTr, of Bristol, N. H., 90 |
years of age, went to the polls at the late cleo.
ton and cast his vote for James Buchanan. His
first vote was cast for George Washington, and be
has voted for every democratic President and
against every opponent of democracy from that
time to the present. He is an intelligent man,
who loves and reveres the name of democracy,
ard has stood by bis country in times that tried
mems souls-when his political enemies were well
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