Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1860-01-05

interest, VENT re 10 assert LHaI l!'e auoi-
tional cost Of trans porting troops, munitions
Of war, and necessary supplies for the ar
nv across ths vast intervening plains to our
possession on the Pacific coast would be
greater in such war than the whole a.
mount required 10 construct the read. And
vet this resort would, after all, be made
quatc for their defence and protection.
RErRENcHMENT.
We have yet scarcely recovered from the
habits Of extravagant expenditure produced
by cur overfowing treasury, during sever
al years prior to the commencement OF my
administration. financial reverses which
we have since experienced ought to teach
us all to scruiinize our expenditures with
The greatest vigilance, and TO reduce then
10 the lowest possible point. The EXecu-
tive Departments Of the Government have
devoled themselves 10 The accomplishment
Of This object with considerable success, as
will appear from their different reports and
estimates. To these / invite the scrutiny
of Congress, FOX Tie purpose Of reducing
them still lever, il this be practicable, con-
sistent with the great public interests oil Ihe
country. In aid of the policy Of reirench-
ment. pledge myself to examine closely
the bills sppropriating lands or money, so
that If any OF these should inadvertently
pcss both houses, IS must sometimes be the
case ! may aiIsrd them an opportunity Tor
reconsideration. At the same time, we
ought never to forget that true public e.
economy consist not in Withholding the means
necessary 30 accomplish important national
objects confined 10 us by the Constitution,
but in taking care that the money apPro-
, priatcd for these purposes shall ba Isl IL
lully and frugally expended.
INCREASE OF TARIFF.
1t will appear from the report Of the Sec
re,ary of the Treasury that it is extremely
doubtful, to say The least, whether we shall
be able TO pass through the present and the
next fiscal year without providing addition
, al revenue. This can only be accomplished
[, by strictly oonEning tie appropriations
within estimates Of The different Depart
ments, without making an allowance fer
any additional expenditures which Congress
, may think proper, il their discretion, 10 au-
thorize, and without providing for .he re-
demplen Of any portion Of The $50 ,OOO,-
, Geo Of Treasury noies which have been al
ready issued. In the event Of a deficiency
which | consider probable, this ought new
e er 10 be supplied By resort 10 additional
D loans. Il would sbe ruinous practice in
h the days CT peace AMI prosperity 10 go OF
: increasing the National debt 10 meet ordIDa-
! ry expenses OF ths Government. This policy
= would cripple our resources aud impair our
q credit in case the existence Of war should
: render It necessary 10 borrow money
, Should such deficiency occur as IapPrs.
g bend, | would recommend thet the Eecces-
5 sary revenue be raised by &c increase Of OH
p present duties on imports. / need net re.
. peat lie opinions expressed IN NJ last al.
4 ru9l messages as 10 the best mode and NAT
h nar Of accomplishing this object, and shal
i now merely observe that ihsse Lave since
: undergone no charge.
o TR1UpLES @. TIE PAcITIc.
! Until a recent period there was sool
4 reason 10 believe tha. should DO abie t
e announce TO yon on lie present occasion III.
: cur difficulties with Great Britain, arising
4 out of tie Clayton and Bulwsr treaty, ha,
+. been finally adjusted in a manner alike hon.
orabie and satisfactory 10 both rag.es:-
4 From causes, however, which ti3 British
g Government led not anticipated, they hay;
G rot yet cSmrlsted treaty arrangements viii
! !hs Rcpu.lics Of Honduras sni Nicaragua
+, in pursuance Of tie understanding between
r, The two governments. Il Is uzvsllacless
. confidently expected that this coed work
o viii ere long be aesamPisai.
8 Whilst indnlsing taa hope hat 70 other
. subject remained which could disturb lht
: gosd understanding between The two coul-
: tries, the question arising out of the adverse
: claims Of the parties 10 Tie Island Of Ss'
: Juan, under the Oregon treaty Of the 18Th
: Of June, 1876, suddenly assumed threat
ening prominence. In order 20 prevent un
- fortunate collisions on that remote frontier
i tie late Secrslery Of State, on tie IT,h Q
Il July, 1850, addressed note % aIr. Cramp
q ten, then British minister at Washington
;. communicating 10 him copy Of The IL
II struclions which he (ME. 2Iarcy) ha3
q given, en- the 18th Of July, 10 Goveruo
6 Stevens, of Washington Territory, having
= u special reference 10 an "apprehende
. conflict between our citizens and the BIRTHS
r. subjects on the Island Q! San Juan" 7
, prevent this. The Governor was instructed
n 'lhat the officers of the Territory shoul
, abstain from all acts On the dispute
grounds which are calculated 10 proyok
II any conflicts so, lar as it can be done with
n out implying the concession to The auihori
r ties of Great Britain Of an exclusive RICH
D. over the premises. The tile ought 10 D
/ settled before either party should attemp
% TO exclude The other by force, or exercis
,. complete and exclusive sovereign right
''e within lie fairly disputed limits"
IS In acknowledging the receipt on the nsI
day of Mr.. Marcy's note, the British min
ister expressed his entire concurrence "i
D. The proprieiy Of the course recommended I
4. the governor of Washington Territory b
" your (Mr. Marcy's) instructions to thu
N officer" and stating that he had ''lost n
of time in transmitting copy of that docr
,e ment 10 the governor-general of BIRTHS
a. North America" and had earnestly rec
NJ ommend TO his ExcellsDcy TO take sue
a. measures as TO him may appear best ca