The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-07-08
MONDAY, JULY 8. 1861.

character as port Of entry delivery until the in
'ecioh snail be suppressed Great Inconvenience and
I'm 'Se 10 commerce among the states have also aris sen
and % 'e same general canse. To mitigate these evils
ana prevent as far possible the provision of
states into an agency for the surply of the in.
u'@ehS with means for maintaining and extending the
tecton the Secretary ue the circular orders TO
gress. WYNN '''eu " 0ou'
In forming these orders the Secretary was
uch embarrassed ny the absence of any law
frce amo@g the States, and BY the necessity of con.
"hS lieu 10 condition of hostility credited bv the
lnsurrection These conditions under certain circpm
hces would make all commerce Illegal, while under
oer circumstances, they would only make unawf full the
commerce carried directly with the Insurgents 10
remove embarraS smeut legislation is required. and tbs
secretary respectfully a suitable enactment
~ t"e i'eSluent The power to determine, by prl
ciamatIon or other notification within what limits an
hsureciGn has obtained for the time controlling ascn
anu therefore must be regarded attended by the
eHecs OF civil war in the total of
no 81 h ny license such executions to that
Pensoh as he may deem eNpedient and practicable
ouch an enactmeut should also provide suitable penal
eS anu IoItitureS for attempts carry on mil sad
commerce with insurgents, or place declared IN he in
state OF insurrecon In order to clearer understand
ing ON the views expressed in this report and Tn
th h ohptude OF actin so important this juncture
n SECRETARY most respectfully submits to the consdsra
.o OF congress, as plan for increasing and improvn
he drafts of b to provide revenue from imports and
for other purposes. f 10 ''
Another further provide the collection O. duties
n and other purposes; and another to authorize
national loan and for other purposes
In compliance with the law on that subject he also
transmits detailed statements of several nagotiao,e r
since tne last annual report from the Treasury De.
pa.'ueht' Inc Secretary is fully and painfully aware
@ IN pressing and submitting this report that he has
'oIeu unler great and peculiar disadvantages: he has
pt recently assumed the charge of the vast and commit
caed concerns cf his department and he is daen con-
seious now mperect'y he is fulfilled by experience by
LIS vi ny special requirements for such charge
ne also understands better perhaps than any one ont
sue can understand the difficulties incident the task of
"ch ne mas now attempted the performance. augmented
aud multiplied beyond measure by the criminal in
toh Inch derangeS commerce. uates expenditures
eceSsteS taxes industry depreciates prop
e!V, crPpies enterprise, illustrates progress He has
SIMPLY edeavored under the perp!exing circu distances
10 meet The case just as it is to forth plainly he ac
tua coh"ton OF the public finances and to explain the
means ana measures by which, in his humble Judgment
e evils oil the existing situation may mitigated and
m 10y elnoveu' Inc energies of great people will. as
% % oi he present Time and under the good hand of the
o our atherS out of these very and Difficult
es pui'd future which shall surpass the whole glorious
past IN the richness of It's blessings and benefts-a
heh he respectfully submits to the indugeut consdera
''oH oi congress- S. p CHASE,
Secretary Of the Treasury