Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1864-12-08

ian and British ports, and on the Northern
boundary Of the United States, which have
required, and are likely to continue to re-
quire, the practice Of constant vigilance and
just and cenciliatory spirit on the port Of
the United States, as we'll as of the nations
concerned and their Governments.
Commissioners have bees appointed un-
der the treaty with Great Britain on the
adjustment of the claims of the Hudson
Bay and Puget's Sound Agricultural Com.
paDies, in Oregon, aud are now proceeding
to the execution of the trust assigned to
them. .ttl t- 4 III -
In view Of the insecurity of life in the
region adjacent TO the Canadian border, by
recent assaults and depredations com niitted
by inimical and desperate persons who nre
harbored there, IL has sbeen thought pro
per to give notice that after the expira-
ton Fisk months, the period conditionaly
stipulated in the existing arrangements with
Great Britain, the United States must hold
themselves at liberty to increase their naval
armament upon the LIKES, if they shall ind
that proceeding necessary. ....
The condition Of the border will neces-
sarily come into consideration in connection
with the question of continuing or medify-
ing the rights of transit from Canada
through the United States, as well as the
regulation of imports which were TEN por-
arily established by the reciprocity treaty
OF the fifth Of June. 1854. | desire, how.
ever, to be understood while making this
state ment, that the colonial authorities are
not deemed to be intentionally unjust or un-
friendly toward the United States, but on
the contrary, there is every reason to ex-
pect that with the approval Of the Imperial
Government they will take the necessary
measures to prevent new iHcursions across
the border. The act passed at the last ses.
sion for the encouragement OF immigra-
tion has, as far ss was possible, been put
into operation. II seems to need amend
ment which will enable the officers of the
government to prevent the practice of frauds
against the immigrants while on their way
and On their arrival in the ports, aud so as
to secure them here free choice of avoca-
tions and places Of settlement. A liberal
disposition towards thi. great national pol
icy, is manifested by NEST of the European
States. and ought to be reciprecated on our
part by giving The immigrant effeetive ma
tional protection. regard our immigrants
as one of the principal replenishing streams
winch are appointed by Providence to re-
pair the ravages of internal war and its waste
of national strength and health. All that
is necessary is to secure the flow of that
stream in its present iulness. and to that
end the government must in every way
make it manifest that it neither needs nor
designs to impose involuntary military SER
vice upon those whs come from other lands
to cast their lot in our country. d..
The financial affairs of the government
have been successfully administered. Du,
ring the last year the legislation of the last
session Of Congress has benefcially effected
the revenue, although sufficient tine has
not yet elapsed to experince the full effect
OF severa of The provisions Of the acts of
Congress Imposing increased taxation. The
receipts during the year from all sources up
on the basis OF warrants signed by the See
retary OF the Treasury, including loans and
the balance in the Treasury on the first day
of July, 1868, were $l3g4, ,796007 90, and
the aggregate disbursements upon tho same
basis, were Saa93. .O56, lOl 80. leaving a
balance in the Treasury as shown BY war
rants, 800. .730. .905 T3 Deduct from these
amounts the amount OF the principal OF the
public debt redeemed and the amount of
issues in substitution therefor, and the act
uai cash operations OF the Treasury were
receipts. $sS4, ,066. .646 7-; disbursements,
1885. 234067 SS, which leaves n cash bal
ance in the treasury Of $ls,S ,S42 55S II. OF
the receipts there were derived from GUS
toms, $l02,3l6,l52 %; from lands, $685.
1888 2S, from direct taxes, $4756tS o6
from internal revenue, $l09.74l 134 10 !;
from miscellaneous sources, $47, 81 | ,443 81:
and from loans applied to actual expendi-
tures including former balance, 1928. 4t3.-
929 g. There were disbursed for the civil
service, $27, 50j 800 4G; for pensions and
Indians, $7.5l7, ,0S0 81; for the War De
partment, 800 79l, ,S42 81; for the Navy
Department, SS5, ,733 292 70; for interest
of the public debt, $53, ,6S5. .42I go, making
an aggregate Of $S65, 234 ,0S7 Sc, aud leav-
ing balance in.the Treasury Of Sls,S42,-
25S II. as before stated. For the actual
receipts and disbursements for the first
quarter, and the estimated receipts and dis.
bui sements for the thee remaining quar-
ters Of the current fiscal year and the gen.
eral operations Of the Treasury in detail,
refer you to the report of the Secretary OF
the Treasury. concur with him in the
opinion that the proportion Of the monies
required to meet the expenses consequent
upon the war, derived from taxation, should
be still further increased. and earnestly
invite your attention to this subject, to the
end that there may be such additional leg.
islation as shall be required to meet the Just
expectations Of the Secretary. The public
ebt on the first day of July last, as appears
by tins books Of the Treasury, amounted to
Dns billirn, seven hundred and forty thous,
and millions, six hundred and ninety thous-
and four hundrsd and eigbty-nine dollars
aud forty nine cents. Probably. should the
war continue for another year, that amount
may be increased by not far from five hun
lrsd millions. Held as it is for the most
part by our own people, it has become a
substantial branch OF national though pri-
rate properly. Fore sobvious reasons, the
more easily this property can be distributed
among oil the people the better; to favor
'uch general distribution, greater induce
nents to become owners might perhaps with
rood effect, aud without injury. be presen-
ed TO persons OF limited means. With
his view, suggest whether il might not
70 both expedient and competent for Con
Iress to provide that limited amount OF
ONE future issue Of public securities might
% held by any bona fde purchaser exempt
rom taxation and from seizure for debt, !
nder such restrictions and limitations az
night be necessary to guard against abuse
q 10 important q privilege This would |
nable prudent persona to set aside a small