New-York daily tribune., 1858-11-16

We observe in certain journals in the Admins
tration interest, rather, in the interest of our
Importers of European Fabrics, faint and hollow
efforts to maintain the delusiOn, to which the Soc
retary of the Treasury has clung so long and 30
obstinately that the Federal Revenue will prove
adequate hencsforth, prorided there be Gas is ex.
pected) a revival of trade. Let us take time to
prick this bubble.
Our Annual Expenditures, over and above the
receipts for Postage, cannot and will not fall be-
low Seventy five Millions per annum for the next
fiscal year. With the Utah Army maintained -
it is likely to be, the Paraguay Expedition in full
career, our Aborgines on every frontier outraged
and indignant, ready to break out into open hostili
ties, and strong symptoms Of trouble ahead with
respect to Central America, we do not believe
Seventy five Millions per annum will support the
Government for the next year, or the year after;
but we let it stand at that sum. Add Five Millions
per annum as the most moderate sum to be
paid or provided howard the extinction Of our
Public Debt, and tie sum which the Treasury will
require, over and above the receipts Of the Post
Office, will be Eighty Millions The balance in
the Treasury is certainly not now larger than it
ought usually to be; SO that Eighty Millions per
snnum are to be collected or borrowed. We OK.
clude the idea Of further borrowing as out of the
question: and ask, How are we to raise the Rev.
enue, now about Fifty Millions per annnum, to
Eighty Siilionsl Let us consider:
That We might buy goods enough to afford that
amount, is of course possible; but we assume that
responsible men will not buy to any extent without
seeing how they are to psy, and that Europe is
sick of trusting irresponsible and nsolvent import
ers. Practically, then, we can only buy to the
extent of our ability to pay In other words, our
Exports must measure and limit our Imports, at
least until the recollection of our late general col
lapse shall have been somewhat dmmed. Aud, as
the average rate Of duty on our entire Imports
(free list incuded) is not above sixteen per cent,
We must export Five Hundred Millions worth of
Produce or Property in order to enable US to pay
our way and import goods enough under the pres
ent Tariff to yield the amount of revenue required
But can We export anything like Five Hundred
Millions worth per annum1 Let US look at tho
documents.
The fiscal year which closed with June, 1857,
was probably one of a. extensive and prosperous
Foreign Trade as any predecessor. In that year,
We imported goods TO the value of Three Hundred
and Sixty Millions (Custom-House valuAtion),
whereof Sixty-six Millions worth paid no duty
and the free list was considerably enlarged to take
effect at the close of that term). and exported of
al sorts Three Hundred and Thrtyeisht Millions
wsrth, made up ~ folows:
Products Of the Sea, TO the value of....... 739 64
Products Of the Forest. H,G997l
Products Of Animals Meats, Hides, Lard,
Butter, Cheese, &C. l6, ,736 458
Products Of Vegetable Food Wheat, Flour,
Corn, Meal, Apples, Rice, &c.l....... @,31l76
Cotton. .l3i, SIS Si9
Tobacco co.................... 20, ,260 772
Hemp, Seeds, Hops and Brown Sugar.. 652 462
Cotton Manufactures. ..............- 6,ll5,l0
An other Manufsctur including Liquors. u, ,73l7
Coal. lee and non-enumerated artices.... 6,06 6S7
Gold and Silver (coin and bullionl l......- So,Ws3 352
OF this aggregate Of Three Hundred and Thirty
eight Millions worth Of Exports, over Sixty
Millions consisted Of the Precious Metals. The