New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-03-13

Dcpoat....... as.7,s 80 9s2lsS2 se,as 2 ,Se
The statement OF the present week as compared
with the preceding shows au increase Of $li67lt
in the items Of loans ard d,oounts *lo5, 069 in cir
culstion $3.50 ia specie, and decrease Of geo IL.
IN deposits.
Tie Journal Of Commerce has en- editorial upon
tbs ,nbiect Of tho eoastins trade "Li.h .nE0ugny
dsposes Of the question. which report bus II, hn'
recently been settled by Mr. Secretary Chase as o
the right of foreign bottoms to form line between
this city and AspinwaI, aud Panama and san Fran
cisco. The Journal says;
The ,whole report on which these elaborate ar
gnmcn are based il NEUTRALITY-SUSPICIOUS.. The Sec.
,o,srv ~ the Treasury has control the Nav
igntion Laws Of the United States, aud, wiiely 10
"a have depaTted from the Consultation In sor!e
particulars, have not yet reached That point where
a Member OF the Cabinet can change the whole
Continental policy Of the country without the AID OF
Congress- -,
Nothing las been more firmly aud consistently
established in this country thsn toe doctrine That
all trade between domestic ports shali be carried
on IN yesses owned wholly by cltizensot tue United
States.
ia. Mr.. Cbnse come 10 the conclusion that vessels
owned abroad may lawfully engage IN that COM
MERGE lie hgs written letter 10 the non - "
Phelps which it 10 claimed 10y many VIII Lear 'iiis
|
ment will SHOW tbai ths INTERPRETATION ID eIionoOns
Mr. els a. h the Secretary II vessels plying res
uI.,Iv ,iwseu New-iOrk and Aspinwan and San
! Tranc;.co and Panama, forming through Ine ioE
! frivlt and pAssengers between Now-iOfk ana san
Tc,nc.co across he lslhulus," are considered by
tie Treasury Department ae ehs'bcu ~ 'ne 'OasI i;
trade. Mr. Chase replies dat yes!els Engaged Ia
carrsinc merchandise from Now-lork to Asliuwall,
80 a,v Tort IN fore ~ territory, aud there uio"ding
ebuuos le regarded as engaged III tne '0!sne 'iau'
within The meaning 81 the law and that " iht
san.e principle viii npph 10 "e truce 'o'"'o" ''''
FlanCisoo aud Panama
al al ,tjs :. very true. a foreign weasel may 90
f,',, Nav. York TO Havana and unload; and unoihci
tnreiyn yes,el my load at Havana fog Ne"-o"
icaur' all without violating the navigation L"s
I'M line oil foreign vessels engaged III carr, nc
',ond. rom New-York to New-Orleans would Lol
IN, condemnation because the goods We're iTan
I;"'.d n Havana aud there touched u iOieien sol
A. IT, ee,-.tsry nv this letter deeigned 30 ConNo,
,io inu-essou that the clearance OF goods iron
.Sou.YnrL fox san Francisco by foreign ve.se
woulI be legal because they were TO touch foreign
,oil al Panama be must have known tina. be wa,
,rr,,p., po-ion which could not he legally main
tanned.
If the Secretary q tie Treasury tLould issuo
q rittrn PERMIT for the clearance by foreign vessel
Of goods from Nsw-York Tor San FRANCISCO. vim 'be
I.,Luu, euch Kermit would slyc neither the ship
urr nor he obp any legal right IN tue premlsss, and
Tolb tle gOode and weasel would DC forfeited ulOu
ibo irfornati and complaint OF any paIties inter
e.t.d IN preventing such shipments Tue statute Of
| my IL very clear la forbddlnX, nndor forfeiture
the ,ilpodalion ~ any port OF goods wares aud
merchandise fom unYtlor port Of the Uuitcd Sat.r
; rnl.,s the goods have been fret brought n Toe
onn,,y by such vessel from abroad, and no. uiaaen
<c,y.t,rannda bar given 10 the United States b.
,ty the ri1ht of transit by Tie Ialuulas OF good'
L,uu1 f,om Que Of our ports 10 another; but he
A. Ibtts he nd fam ono ,I . e.
&c mort u another, prevents their bong carried
under n foreign hag.
=. n the ,oods when they left Acw-loIk, wsre
q, clan. "a could hide the fact or rave them Il on
; ,orf.itnre ii delivered BY foreign vessel lnsi
Coupress sees III 10 open the oOastiug trade, h'
lhrough line Tor tire carry ING Of tieignI b"twcen ou
Atlantic and Pacific ports can be MANIPULATED -
ecu. by yes-cls owned IN the United s1ateE 80
eXcaption could be made, even by act oil Vbsiofr
inf,, or of San Francisco, as that wond be 10 kN'
the ports Of one $ ue II preference over aho'n"'
lnud ~. therefore, prohibited by the Constitution
The leadipg article In Me.rrs. iiaile,ts Cr''''
(. IN the iucr,ase Of wealth over population;
Va emo ubt. the numerical strength OF he oys st,
r,rdner the Rebellion. The soldiers al Inc ~. In A,
u,,u man fo man, eIusl not 'uFeiio' 70 ou, Il
of the Rob,s. 1hr settled Ig'po'e 81 W.. y, ths
,.ppor, Of the Government 10 not s'b defer" mn N
Inc Vcbes establish lad, pendeLl . - tba,o
Themselves. The Only roma'nlng doubt. anu 10 pr,
m. DENIAL school are that We bnvo not mo
vldr tho to csuy on lho wa 10 th. ,satly
ror glance wealth ard Popn!aOi, ~ eao, d.
inct,ss vi bo1h at Inherent PEI Tod. OIL ouI "'"'''
i,f.,ory answer to thess doubt. snd fears An. ,na,,,
4, |. ssible 10 sscerain with ptscoa Wv P'"S''