Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1872-12-07

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| continues bloody aud destructive con.
| test close 10 our border, as well as tIe eX-
pedenCy and the jutice of cOncedinv reforms
ot which The prDpriety is not questioned
Deeply impressed with the conviction that the
continuance OF slavery Is one OF the most act.
! | e causes of the continuance of The unhappy
| condition IN Cuba, regret to believe that tue
citizens uf the United States, or those claiming
TO 6e such, are large holders in Cuba of what
is There claimed as properly, but which is for
blduen ana denounced, by the laws of the
| United States. They are thus in defiance of
the spirit OF our own laws, contributing to the
| The continuance OF this distressing and
sickening contest. In my last annual message
l referred To this subject, and again recon-
mend suth legislation MS may bc proper to dis
| courage American citizens from holding or
dealing in slaves.
| THE SOUTH AMERICAN REpCBLIo.
Ii is gratifying To announce that the ralifl-
cation of the convention concluded under the
auspices D. this government, between Spain ON
the 1ne part anu the allied Republics of the
! Pacific on the other, providing for an arnii-
| sllce, have been exchanged a COPY of the
instrument is herewith submitted. Il IS hoped
that this may be followed by u permanent
peace between the same parties.
The difference which at one time threaten
ed The maintenance of peace between Brazil
and The Argentine Republic; it is hoped are in
Tie way OF satisfactory adjustment. With
! these states, as with the republics of Central
| and South America, we continue 10 maintain
the most lri, ndly relations.
TIE VENEZUELA DEBT
Ii is with regret, however, | announce that
| lhe Government OF VENEZUELA has made no fui-
| ther payments on account OF the awards under
The Convention Otthe 25th April, 1866. That
| Republic is understood 10 be now almost itnOt
! quite trahquilized 1t is hoped, therefore, that
| IT VIII loose time in nruViuiuty tpr tht nm
paid balances Of its debt 10 the United States
which, having originated in injuries To its cit
| liens ly Vent zuelan authorities, g. having been
acknowledged pursuant To II treaty in the most
solemn form known among natlons, would
seem to deserve preference over debts of "A
different origin, and contracted in different
manner Tnis subject is again recommended
10 tie attention Of Congress Tor sucn action
IT'S may be deemed proper
| JAPAN AND CHINA
| Our treaty relations with Japan remain un-
changed. An imposing embassy from that
inter- sting and progressive nation visited this
| country during the year that is passing hut
being unprovdrd with powers iOr the signing
| ol II convention in this country, no c1ncu-
sion in that direction wss reached. Ii is hoped
| however, that the interchange OF opinions
which took place during their stay IN this
| country has led to mutual appreciation of the
interests which may be promoted when The re-
vision uf the existing treaty shall be under
taken. In this connection renew my recon-
mehdaiion of one year ago that to give i'm
poriancc and 10 add to the efficiency of our
| diplomatic relations with Japan and China,
ana to lurth'r aid h retaining the good Opin-
| ion Of these people, and To secure to the Uni
ted States its share OF its commerce destined to
! How between these ttinus aud the balance oI
the commercial world, an appropriation be
made 10 support nj least four American youths
III each OF these countries to serve rs part of
the Official family of our Ministers. Oar rep
| r. 'Scntatlves would not even then bu placed
| upon equality with the repres enatives OF Great
BriIan ana Of some other powers. As
| now situated our representatives in japan
| and China have to depend for Interpreter
aud trunsluii upon natives Ot those Cuun-
/ trl' S who know our language inIperlecly, or
prucUri Tor the occasion the services OF en-
tloyes in foreign business houses, or the in
terpretcrs 10 other foreign Ministers.
rRAnsFER OF THE TERRITORIAL DEPAnT-
MENT
renew my recommendation made on pre-
yious occasion, of the transfer To the Depart.
ment OF the interior, To which they seem more
appropriately TO belong, OF all the powers and
duties i'll relation 10 the territories with which
| the department OF State is now charged by
law or by custom.
CONDITION OF THE TREASURY
The money now received and carried into
the Treasury during the fiscal year ending
june 10, 1872 from the Customs $3l6,370,.
2S6 II from the sales Of Public Lands So
5i5, IA 49, tion in ernal Revenue, Sl3O.6l2.
| III ~; from tax on National Bank crcula-
ton, &r., $523,3O6 80; from Pacific Railroad
| Companies, $149.S 81; from Custom, Fines
NC, III ,l36, Az "a from Fees, Consular, Pat.
ent, Land, &c, $22S4 095 02; from miscelln-
ncous sources, "a, ,4l2 ,254 n total ordinary re-
ctipts, 1854 ,694,220 81 from premium on sales
/ ~ m a al
lO6,S37 So; balance in Treasury June 3Olh,
1871 $lO0,935,7O5 80, including SIS, ,22S 80
| received from una vaillablC; total available
cash, $4S4, ,042,513 l5 The expenditures by
warrants during The same p, riOd were for civ
il expenses, $40, ,lS0,050 10; for fore ign inter
tsis, $lS,lO0,360 ID; Indians, $7,0G5, 729 81
pensions, S2S, ,533, ,402 20: tnrmlimry establish.
ment, including Notifications, river and hnrLor
improvements, aud nrsunalS, S35 231 1877 20
for naval establishments including vessels and
machinery and improvements ut the navy
yards al ,2f0 ,S00.00 for miscellaneous civil,
Including pubic buildings, lighthouses, and
collecting III" revenue $42, ,959 3290S; interest
ON the public debt $ll7357 $50, ,73 ; total ex-
elusive of principal and premium on public
debt $270, 500 j950l ; for premium ON bonds
purchased $4,0ue 266 10; for redemption of
the public debt 800 ,D5O, ,253.5d total $iO60IS,-
52c.iOi total net disbursement 1877 41S,2i82i:
balance In treasury June Both, 1879, $lS,564,-
3560i; total $4S4,043,5i315,
REDUCTION OF PUBLIC DEBT
From the foregoing statements il appears that
the net reduction Of The principal of the debt
during the fiscal year ending June 30, 1872.
was $90, 900 25a.44. The source of this reduc-
ton Is us follows: Net ordinary receipts du-
ring the year, $364,6049l. Net ordinary ex-
pcndilurcs, including interest ON public debt,
0,559 ,6050l; difference, $04, 1874, ,534 CO.
Add amount of receipts from premium on
sales oi gold in excess OF premium ON bonds
purchased 81, ,454 470.60 add the amount of
the reduction of The cash balance Mt the close
of the year, accompanied with the same at the
commencement OF the year. $3,6S1, ,34S Co.
total 500 .00025264. This is the state.
ment of trials solely of the principal of the
public debt. by the monthly statement of
the public debt which adds together the prin.
eipal and interest due and unpaid and inter.
est accrued 10 date due, aud deduct the cash
in the treasury ns according On The dny of
publication the reduction was 800 544, ,40l 2s.
! The source Of this reduction Is us follows: re-
duclion IN principal accounts, 800 ,060 ,0035i
| reduction in unpaid interest accounts S3 $3.50
052 98, total, $l03, ,200,056 so reduction In cash
on hand, g., TAG ,405.92 Total $100,54 49I 90.
On the bnsis of the last table, the statements
show reduction of the public debt from the
first OF March, 1862 to tie present time, as fol-
! lows From March lst, 1869, Ia March 1st 1S-
! 20, $S1, "a, ,7S2 ,84 nom March lst, 1870 To