Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1880-12-16
Vol. XVI. Whole No. 1851. Nos
TRADE AND COMMERCE.

d,
/ have been unrelaxed. The interest in these
h efforts, as developed in onr commercial
. communities, and the value of the informa-
ton secured by this means, to the trade and
manufactures of the country, were recogniz-
ed by Congress at its last session, and pro-
vision was made for the more frequent pub
& lication of consular and other reports BY the
, Department of State. The first issue Of
, this publication has now been prepared, and
: subsequent issues may regularly be expected
The importance and interest attached to the
reports of consular officers, are witnessed
by the general demand for them by all
classes of merchants and manufacturers
engaged in our foreign trade 1t is believed
that the system of sucn publications is de-
i serving of the approval Of Congress, and
that the necessary appropriations for its
continuance and enlargement will commend
itself to your consideration.
? STEAM POSTAL COMMUNICATION
The prosperous energies of our domestic
: industries, and their immense production of
the subjects of foreign commerce, invite and
even require, All active development Of the
wishes and interests of our people in that di-
rection. Especially important is il that our
commercial relations with the Atlantic and
|
West Indies and the Gulf of Mexico should
be direct, aud not through the circuit of
European systems, and should be carried on
IN our own bottoms. The full appreciat. on
of the opportunities which our front on the
Pacific ocean gives to commerce with Japan,
China and the East Indies, with Australia
and the Island groups which lie along these
routes of navigation, should inspire equal
I . n Ia IN Ftir sbt
and to administer by our own capital, a due
proportion of this trade. Whatever modif-
cations Of our regulations of trade and nav
igatlon may be necessary or useful to meet
and direct these impulses TO the enlargement
Of our exchanges and Of our CARRYING trade.
| am sure the wisdom of Congress will be
ready to supply. One initial measure, how
ever, seems TO me clearly useful and c fl
c!ent that | venture TO press II upon your
earnest attention. II seems TO be very evil
dent that the provision Of regular steam
postal communication. by aid from govern
mcnt, has been the torcrunner of the COM
mercal prcdumiuance OF Great Britain on
| all these coasts and seas, greater share in
whose trade ls now the desire and intent of
our people. IL is also manifest that the ei-
/ forts OF other European nations to contend
with Great Britain for IA share of this com
/ mercc have been successful in proportion
with their adoption of regular steam pos
/ tai communication with the makets whose
| trade they sought. Mexico and the States
| of South America are anxious TO receive such
! postal comm JncatIouS with this country
and 10 aid III heir Development Similar Co
/ operation ma be looked for. in due time,
/ from the Eastern nations and from Australia
/ It Is difficult TO see how the lead in this
/ movement can be expected from private in
| tCrcStS In respect of foreign commerce.
/ quite as much as internal trade, postal com
/ munlcattou seems necessarily a matter Of
| common and public administration, and thus
| pertaining To Government | respectfully
| recommend to your prompt attention such
| just and efficient measures as NAV conduce
to the development of our foreign CONNER
c!al exchanges and. the building up of our
carrying trade.
OCR NAVY.
An additional, and not unimportant, al
| though secondary, reason for fostering and
eulargiug the Navy may be found in the un-
questionable service to expansion of our
commerce, which would be rendered hv the
frequent circulation of naval ships in the
seas and ports of all quarters of the globe
Ships of the proper construction and equip
ment, TO be OF the greatest efficiency in
case of maritime war, might be made CON
,tant and active agents in time Of peace in
the advancement and protection of our for
elgn trade, and Ia the nurture and discipline
OF young seamen, who would, naturally in
some numbers, Ink with and improve the
crews of our merchant ships. Our mer-
| chants at home and abroad recognize the
value to foreign commerce of an active
movement oi our naval Vessels, and the m
teIASence and patriotic zeal of our naval OIL
heerS III promoting ever! interest OF their
countrymen, Is just subject OF national
pfide'
REVENUE.
The aggregate OF the revenues from all
source, during the fiscal wear ended June
30, 1880 was 1888, J26,6lO9s, an increase
over the preceding wear Of so, ,699, 1862.
| The receipts thus far, of the current year,
| together with the estimated receipts for the
remainder of the year, amount to S3j0OO0,
900, which will be sufficient to meet the es-
tImated expenditures of the year, and leave
a surplus OF S9o00O,0eO.
IL is fortunate that this large surplus rev
enue occurs at period when it NAV be di-
reclly applied 10 the payment of the public
debt soon to be redeemable. No public
duty ha. been more constantly cherished in
the United State, than the policy Of paving
the Nations debt as rapidly as possible.
TIE NATIONAL DEBT.
rba J,h. of ,b. I,;,.d S,,ta. i...-,
:. .t' -, ,'l -. 80 -
,ares, a,,a;naa ''. -, IS -, IA
~ a -, Ano,,st Isf5 aid go ,te,
-, to,n - >, ~ So: nIn sotes &c ' H.
,La r.;,,,;,,.I ,s ,bo IL, SIos ~ 100 -
baadr ,,a;d sirca Nh Is-- So -"
annnaI sa,,ng Of ;n,era,, af Ss to- 2os "a
tn hnrlsn nf ;n,aras, No. aI,a - -
;.bed hv the saIe of hord. haar;n,, in,,.
ra,e os interest and tho an,i;na,;ao of NV
nroceads ~ ,be radan,n,;o, r. ~ hoar;nn. @
4 b;,ber .a,e The annnaI sav;na ,h"a a
cnred since March Is7T i si4 2eo45S
IN
W;,bi, a sbor, rer;od over s;x b,nd..a
millions of fye and .;x nor cen, honas Iii
become redeemabIe This nresents a very,
favorable onnortuni,v NOT o,1y 10 fnr,her 70,
duce the nripc,naI Of this debt hut also n