New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-12-09

date III; By the whicH lives :? s the
' s M dS t. s hn: d iGsS Il 9ffn In ss y" to
5 Fspo to o is ,'m a o IS SO e @ @ g. making ,s rsnc,io2
ST. for penum on PORTIONS @ Of II rseened si'T I
nance Es nua an tarn thu e nHc s e GO M M = by ne, in
vem5eF, 1856 ao9 g. No. 3 parts
In addition the public debt stated there due ,n
S T " a e tee.s "Ga 4aSa % e"sne n ns sum n
item Of annual sEpe1 d;'e estia'ed4fo By the Interior De
dian tile the public lands charge on the
annual sales bes4ts tie debt the United States have
s5oi o. " @ a 19 195 the priRcpa Of The Smithsonian in
stocks for that Institution.
The Secretary proceeds to remark:
The receipts from uctuae with the increase or lmj.
@ nno & q nf Imports Of duty Ea.ns goods and the receipts
eApenits, TO vgy eo5fae:aGe extent depend upon the
o', claims at the Treasury.
He thinks it is difficult to observe economy in the
administration of the Government with an overflow
ing Treasury, and strong outside pressure The first
step in the right direction is so to modify the revenue
laws, that no more money shall be collected from the
people than is required for an economical admins
tration of the Government, in iulflment of all its
obligations and duties, external and internal. The
second is, the honest and faithful application of the
moneys to the legitimate purposes fthe Govern
ment
Our revenue from customs has increased during the
past ten years in proportion to the increase of the ta
bles of import and export and the same causes that
have operated to produce this increase will continue
it in future years. The production of our planting,
provision and mining States will continue to increase
and will justify in the Hon. Secretarys opinion, a
corresponding modification of the tariff and reduc-
tion of the revenue from customs.
He recommends, as in previous reports, the adms-
sion of material used in our manufactures to free
entry and states that this would reduce the revenue
between 81 900 900 aud S. 100000. He also suggests
that sundry articles of general consumption, as salt,
be added to the free list and the tariff on some other
imports be reduced between 100000 and IS OoO-
900. This he says upon the imports of last year,
would reduce the to about $50 900 900 from
customs which, with the receipts from public lands,
is deemed sufficient for the necessary requirements of
the Government-the average expenditures of the
last five years excluding the public debt and the
$l0000000 paid under the treaty with Mexico, hay
ing but little exceeded $4S,O00,000.
In regard to the question Of repeating all tariffs and
establishing with foreign nations the same free trade
that exists between the States, he considers that for
egn nations are not prepared for it, that there can
not he reciprocal free trade without their consent, and
that would not be expedient to permit them to tax
remarks upon this matter by stating that these views
expressed in former reports have only been confirmed
by further reflection.
The Secretary ntmatcs the opinion that it would
be wise step to repeal the tariff on wool and that it
would not only tend to promote its production but
enhance its price, by of the renewed stimulus
to the wooden manufacturing interest.
lle says that we have, in the United States, more
80 ~,
other civilized nations of the world, and that it Will
be but Il few years before we shall manufacture suf
cent iron and steel for our own consumption, and
surplus for export
Taking the ratio of increase from former years as
basis, and the agriculture and manufacturing produc
tions Of 1876 amount to - Coz, 1863 .924.
slpposc he says sloJO0oo 01O to be consumed at the
ton the basis Of ourto foreign and internal trade, and
is'rrcI and licensed Tonnage and roas Take fifteen per
Syp Ss {? @ 5 M h Gf G5 a i5 %fH 5 for o ai mrn S ,
constituting The commercial lisauent that binds together
The .ta! "i snl silver coinage Of the United States mint
Ea@ S E M 6$ wnGs ~ mS g Y n ht5 nl M sn2 t% n sS" S
lS yasn ~ b.! acSeoH 20 ws first ksp, has been S @ an!
and exports prior 10 lS20.
The amount of gold and silver in the country prcvi-
Gus the discovery of the California gold mines was
estimated at 300 900 900. The receipts and imports
Of bulIionat the MINT from mines, after dclucting
the exports up to tue 3Oth OF September, 1856 have
added at least $50 900 0O0 without taking into ac-
count the exported and imported by travellers,
merchants, etc.
We have not space to proceed further with the de.
tails OF this very able lengthy report of which We
have presented the main features.
MARINE ITEMs.--The Admiralty Court at Key West
had been in session, and the following salvage cases
decided
Bark Jos. Hale, from Philadelphia for New Orleans
salvage $500 total expenses 81 ,l93.
French ship Don Juan salvage $1,000 total eN-
penses SIG AIS.
British bark Emigrant, salvage $l3 ,s63.
Brig R. Bingham, salvage $l95l; total expenses
$4,000.
The cargo of the ship Lady Arabella is being trans
ferred to the ship Annie kimball.
The brig R. Bingham, apparel, etc, was sold at pub
lie auction on the 2Gth ut By the U, S Marshall for
81 500.