The Buchanan County guardian. (Independence, Buchanan County, Iowa) 1858-1864, 1858-12-16

fits of Religion and civilization-for so
long as this market is kept open for
Slaves, so long will! wars be waged by the
petty and barbarous chiefs Of Africa, and
so long will the efforts Of Missionaries
be lost upon that benighted people.
The President deals deliberately with
Mexican affairs, and thinks abundant
causes now exist for resort TO HOSTILE
ties against the governmet still holding
possession of the capital. Should they
subdue the constitutional forces, all hopes
of an amicable settlement of our Difficult
ties will have been destroyed. If the
constitutional party triumph justice for
our injuries may be obtained. Mr.. For
syth has suspended his relations with the
Mexican government, and has come
home. The government has sanctioned
his withdrawal. Mr.. Buchanan advo-
Gates the assumption, by the United
States, of temporary protectorate over
the northern portions of chihuahua and
Sonora, for the purpose of protecting
settlements in Arizona, and the security
of the postal com munications with our
Pacific possessions. He likewise rec
ommends the establishment of a Terrific
rial Government for Arizona Isthraus
affairs likewise receives considerable A.
tention from the 7 resident, who very
justly argues that this narrow neck Of
land, and important highway for the
commerce of nations, should not be al
lowed to be closed, either temporarily
or permanently, at the caprice of the
government of Nicaragua. The passage
should be thrown open, and kept SO, for the
common use of all nations. This transit
route is now closed, and the President
asks the power to employ the land and
naval forces of the United States in pre-
venting its obstruction or closing by
laWleSS violence.
Difficulties also exist between our gov
eminent and Costa Rica, Nicaragua, and
New Grenada, which do not promise an
easy settlement. Our difficulties with
Paraguay are also detailed, and the action
of the President, under authority OF
Congress, in fitting out an expedition
against that government, for the purpose
of obtaining redress by force, if the com
missioner sent with the expedition fail
to obtain it peacably, is also made known.
The President, in view of the late
monetary crisis, which he attributes
principally to the unsound and extrava-
giant system of bank credits and inflated
currency, recommends the passage of a
uniform Bankrupt Law, this being all
the direct power over the subject which
he thinks the government has.
Upon hequestion of Tariff he has but
little to say, but recommends the estab-
lishment of specific duties, and inciden-
tally favors revenue tariff. He leaves
the subject, however, wholly with Con-
gress.
The Receipts into the Treasury, du.
ring the fiscal year, including Treasury
notes authorized by act of December esd,
1857, $3.50. OOO,Ooo), were S7O,27
$50 SO; which amount, with the balance
Of S17,710,1l4 81 remaining in the
Treasury at the commencement of the
year, made an aggregate of $780,
983 sc.
The expenditures during the fiscal
year ending 3oth June, amounted to
S8l ,5S5,667 76, of which $9,6S4, 537-
80 were applied to the payment OF the
public debt, and the redemption Of
Nasury notes and the interest thereon,
leaving in the Treasury on July, 1853,
$G,398,3l6 10.
The receipts into the Treasury during
the first quarter of the present fiscal
year, commencing July LIST, including
one half the loan, with the premium up
on it, authorized by the act of 18th June,
1855, were S25, $50, $40 46, and the
estimated receipts for the next three
quarters, from ordinary sources, are
S38, 800 900, making, with the balance
before stated, an aggregate of $40. l29,-
1916 Sc.
The expenditures during the first quar-
ter of the present fiscal year, were S2i,-
$50, 1913 81, of which $1,O1O,l42 81
were applied to the payment of the pub
lie debt, and the redemption of Treasury
Notes, and interest thereon. The csti-
mated expenditures during the remain
ing three quarters, TO 30th June, 1859,
are $52, 1857 COS a, making an aggre-
sac of S74,0G5. 500 99--being an ex-
cess of expenditure beyond the estimated
receipts, of $3, 500, 7ol 49,
The public debt on the lst of July,