The Western Register and Terre-Haute advertiser, Volume 3, Number 43, Terre Haute, Vigo County, 3 January 1827 — Page 2

'i-

3u.

,* vjfc, -J4-' vShJ^i- 1^1 %hom it must Wrdrrled on,Wbuld ul tiuutely b.-iag the parties to a comproinne, with which both might be satis-

WiJh this \i«w the government

£*s^hfC' o* the United States had determined to sacrifice something of that reciprocity -if .«* w'tich u* all commercial arrangements •with foreign powers they are entitled to demand, mid to acquiesce in some .inequalities disadvantageous to our* #il cs, rather than forgo the benefit of a Saiil aod permanent adjustment of this interest* to the satisfaction of ireat Britain herself. The oegoti&tiou repeatedly suspended by accident&l circumstances, was, however, by muttual agreement and -express ascent, coffSideied as pending, and to be spee dily resumed. In the mtan titae^nothet act of parliament so doubtful atul siobixdou* in its i.uport as to have been ••.mi!*understood, by the officers in tho

Colonic* who were to carry it into exc-* cuUon, opens again certain colonial ports, ujn»n new conditions and tertns. i& ith a threat to close them qgainit tu) nation which may not accept those trims, £5 prescribed by the B'itUh government. This act passed in JuN, 1825, not communicated to thegovemtuentol t&e United btstes, Dot understood by the Stilish tftkers of the customs in the colonies where it was to be enforced, was nevertheless submitted to the consideration. of coagres» at the Use session. With the knowledge

that the negotiation upon the subject bad lo|ig been in progress, and plsd^es -*iven lor its resumption at &n warty %»ay, il was deemed expedient to Await jtlte result of that negotiation, rather t^han to subscribe implicitly to terms 4he import of which, was uoi cietr, and ?^rhivhtfae brilkh authorities themselves "*n this hemisphere, were not prepared |to pi at a.

Uiauetiiatefy after the close of the i'last Mitioo of congress, one ot our u,o.st /»t \fdi-tipg:wttb«»d citizens was despatched & J*"* •B¥®y extraordinary and minister 5, 0 p"-fe»p«tentiarT to Great Britain, fjur/flushed with uiatittction* iwhich we '\^ceu!d not doubt wuulti lead to a conciu ®f this long controverted interest, *01® teriEs acceptable to li, Britain.

Upoa his arrival, and before he had delitered hi* tetters of credence, he was S

blm

Ku'»Peao

ii ™r"Wr*

British Council

«*cltdiog, Irom and alter the first of "Beeembtr bow current, the vessels of the United State* trnio all toe colonial 1" P01*** excepting those imuiediately bordering upon our territories.

answer to his ex^uatulauoas upoa a measure so unexpected, he is informed Z.

cations having colonies

their trade is an exclusive possession

mi^ber

country— That ait parti

cipation in it by other nations i$ a boon |«r tavor, not fomHng a subject of neInitiation, bat to be reguiaitd* hy the

K'isri»ti»e acts of the nower uaniw rho

gtalative acts of the power owning the -tolony. That the ttriU»it Government tnn etc re, declines negotiating caitcer n*tj and that, an ih«. United States did not forth with a-, cept purelv and •snipij the terms otifcrrd t»v the. act ot ra!tautest, ,July» U25 Great Bntain w«uid not now ad am the vessel* of the Ukited am«es even on the terms on which she has opt oed them to the Havig&ttuu ot otftitr

We have b^eti aecu^toaied to com» dtr the tr««le whkh we hate enjoyed JM ifee* IfaitUU Colonies, rather an •interchange ot matual ^enefi than as a mere favour received that under every circumstance, we have given an ample equivalent We have seen eve. "*t,o0» Md ng colonies, neL|ol1ate with other nations, And grant m, f«e|j, *Jminion to the Colonies feat? and so far sre the other eo-

FttryP«

from

thvi? *1 n^gouau for trade with h.v« tt,«uon/nff"

f"'«»«

Of more

©.aaoneofta^by Tresty. the re. ff«. ,Vrtr Britain to ne-g«-{»ate, leaver to the United Stale* n»

Jtner alternative than that «f regulator tntm icting, alt*»ee^er tk*

m*J ,e'cl

-m.L!'

lllTJl

der l^ ,'^,- t' °r

at II tip 11^

inttrtM,

®L, and wih tUi

ex.

J"'r

«*her great tup,c* «.I difccu^iv,, Mweui

may agree upon their report to the aaiisfaclion ur acquiescence of both parties.—The commission for liquidating the claims for indemnity tor slaves carried away after the close of the, war has bscn sitting, with doubttul? prospects of success JPrupusitioos ot compromise have, however passed between the two governments, the result of which we flatter onrselvea, "may ei prove satisfactory. Our own dispositions «nd purposes towards Great Britain are ail friendly and condliato-

nur can we abandon, bu^ with strung reUictnHcc,,th£ belief that they wi'V uftimateiy meet a return, not of f-vury, which we i:eit!ter mk nur desire,

«»vl r«JciprucVty aud'good will. it]* hiC American ^veruaients of *hU ii^1 liare» we contuttie to maintaiu s.h iitiercGur&e Altogether friendly, their naiiuusacd ovirs that cy wrr*i^!a,l iuterchauge of which niu* t,ual -fit is tha and mutual hai swfn and cornfiM-t the result, is in iZ conjihu.ii s?ae of i:}?piivemt ut* Thei w&r between Spain and tucui, since th.e /ot. exputi»ton uf ti«e Spanish military/ force fi ma their continental t^rrituries, has b«ett little more than nominal jand" their internal tranquility, though occasionslTy menaced fey the agitations "which civil wars never fail, to leave behind tbeo» has not been attested by &

Ay sesious calamity. The Cotjgress of Ministers from several of those nations i&ich assembled at Panama, after a short session there, adjourned to meet again, at a nt?e favorable session, in the neighborhood of exicu. The decease of one of our ministers on his way to the I&throasi attd the impediments of the season, which cfela.yed the departure of the othevdepuved us of the advantage of being represented at the first meeting ot the Congress. There is, however, no reasou to believe that any of the tratractions of the Congress were pHa oatup^to effect injuriously the interest* of the United Spates, or to require tie interposition of our mioistera, had they been present. Their absence has indeed deprived ns of the opportunity of ^posseshiug precise and authentic i'ufortuatwa at the treaties which were con--cttided at Paramat and ths whole result has-cou firmed me in the conviction of the exp^Hlieiicy to the Unitetf States, of hcing represented at the Congress, the surviving member of the mission, appointed during your test *essi«ji, has accordingly proceeded,tu his destination, and & successor to his distinguished ami lamented associate wiU be nominated, to the Senate. A treaty of amity,-navigation and commerce, "has, the cou"»e of the last summer, been concluded bv our Miniver Plenipotentiary at Mesico, with the -United

States of that confederacy, which will also be laid bt fore the Senate, for their advice.with regard to its ratification.

In advernng to the present condition of war fiscal concerns, and to the prospects of our revenue, the first remark that cails our attention, is, that ihey are less exuberantly prosperous than they were at the corresponding period of the last year The feevere shock so extensively sustained by the crtifiotercial and manutacturhig interestsI iri Great Britain, tab' not--teen without a perceptible recoil upon nur selves A reduced importation from abroad»s necessarily succeeded b»- a reduced rt lam to the treasury at home

I he net revenue of the present year will not equal that of the l^t. And the (ec/iptn t.t that which i* to come will tall short «*f rtvose in the current year I he CMoinutiuii, however, in in pan attributable to the flourishing ctndifion tWfllV

'!,J

,h«

W^iddV, \?A

domestic manufactune»i

awl s« far is con pensaied by an «qui. vahnt more profitable-to the nation

4 l.\h'g.h^

^raU,)'i,,g to.perceive

that the dibueticy in the revenue, HI*

lr!£arfcl*

•IW«'4*

t!le

liffh

comt lo t,le

lcno*»'*tbe

^tiUun, eule^bltd aslt i^ that t^j

anticip,-

tions of the last year1* estimates |10m the t.easury, has interrupted the anp.JcatM ol net.more than eleven miS-

preMnt,etr't0

,he

'f rlf

lfi«-

of^wnWulS^rlre'^Tb't

»pil Ti. Utoi II-

the

'r«s«a on

'the Ant ol Januarv !a»t, was fiv*» iriii

three cents. The

and forty

receipts of ih- VU^I,7' »iui„„! j'„nT,ed"''"a. the sums alrps.tr

the sums alreadt rec*H-.i

I, —"MU nan

^penditures for

thp =thtee first quarters of the year have ^mounted to eighteen millions seven hundred and fourteen thousand two nundred an twenty six dollars and six-ty-six cents. The expenditures of the current quarter are expected, including *the two millions of the principal debt to be paid, to balance the /eceipts. So that the expenses of the year, amounting to upwards of a mifiiim less than its income, will leave a proportionally increased balance in the Treasury on the first of January, 1827, over that of the first ot January last. Instead of five millions two hundred thousand, there will be six millions four hundred thousand dollars

The amount of duiies securod on merclmndise imported frcm the COR* meucement of the year until, the 30th of September, is estimated at twenty one niiiiiuns two hundred and fifty thousand dollars, and the amount which will probably accrue dtitffi£ the present quarter, is estimated at four .millions two hundred and fifty thousand, making fur the whole year twenty five mill ions and a half, from which the drawbacks being deducted, will leave a clear revenue from th^ customs, receivable ittthe year 1827, of about twenty millions four hundred thousand dollars, which, with the sums to be, received from the proceeds of Public,Lands, the Rank .Dividends, aud other incidental .receipts,, will focai an aggregate of about twenty three millions,, a su»n falling short of the. whole expenses of the prcs ent year, little more than the portion of thpse expenditures applied to the discharge of the Pulic dfcht, beyond the annual appropriation of ten millions, by the act cf the 3d March, 1 f* 17 At the passage of the act, the public debt a mounted to one hundred .and twentythree millions and a half On the Ibst of January nexT, it will be short of seventy four «miIlions In tlve lapse of these ten years, iil'ty miiiions of public debtr with the annual etiarge cf upwards ot three millions interst upon them, have Jeen«extiuguished At the passage of Ihe act, of the annual appropria ions of the ten .millions, seven were absorbed in the paxment of interest, and not more than three millions went to reduce the cap ital of the debt JOf the same ten millions, at this time scarcely tour are applicable to the interest, and.upwards of six are effective jn-.meitirg down the capital. Yetoutexperience bus proved that are venue consisting so largely of imposts and tonnage, ebbs ^and flows to an extraordinary extent, with all the fluctuations incident to the general-com-merce the worldir It is within our recollection that even in the com,pass of the same ten .years, the receipts pf the Treasury were not adequate to the expenditures of the year and that in two successive years it was found necessary to resort to loans to meet the engagements .of -the nation. The returning tides of the succeeding years replenish ed the. public coffers, until they have again begun to feel the vicissitudes of a decline produce these alternations of tuilness and exhaustatioo, the rela tive operation of abundant or of fruitful seasons, the regulations of foreign government, political revolutions, the prosperous or decaying condition of manulacturevcomme cial speculations and. mam other causes, not always to be traced ^variously combine. We have iound fhe alternate-swells and diminutions embracing periods from two to three years The last period of di nress?on to us was from 481U to 1822 The ^.orre P0J1«»ng tevival was from 1823 to s',tnCO'nT"cc'"(!'"

of the

on8?s,»i!lc\Ti!,\mWirof,1'elM''«

gtd in the course of (U ..J:®" '!'"1'3'" there are 9,000,000 which

•f»WhSotlw »«e from and afteVH" Z^Zr^T

yew lhev "^u,OSe

le," lh

year

Mill we haw no cause lo anpreh, nil a depreMion comparable lo that ol the tor mer pe„od or

„, ,0 anticipate

ficieucy which WiU iutreuch npon the tn it ,a,'P,'tbe annual ten millions to the reduction of the. debt. i"'", lorm, however, to be he"C„f neceM„j „f

abidi t(]e

the most v.gila„, econorr.,, honorable and useful flex,U» rr stead, and wocofed^r""^""""81Charge

(he interest of six per centr bjit to be, as far as shall beibund practicacle, paid oif in the years-1827 and 1828, there is scarcely a doubt, that the remaining sixteen might, within a few mouths, be discharged by a loan not exceeding live per cent redeemable in the years 1829 £f 1B30. By this operation, a sum of nearly half a million of dollars may be fiaveg to the nation and the discharge of the whole 84 millions within the lour years, may be greatly facilitated, if not wholly accomplished

By an act of Congress' of 3d March 1825, a loan for the purpose now re-t® ferred to^ or a subscription to 6 was authorized at an interest not ceeding 4i per .ceht sojlargea portion ,of the floating capita^ of the cpnntry, was absorbed in commercial speculations, and so little wsks left for inveslment in the.sloeUs^ that the measure was but partially snct^Ssful^ At the last session of congress, the cou-" dition of the fu ds was still unpropitious to the measure but the change so soon afterwards occurred, that, had the authority existed to redeem the jiine millions now redeemable, by an exchange of stocks, or a loan at five per cent it is

morally certain, that it might have been eiiected, aud with iba yearly saving of $90 000

With regard to the collection of rev-enue-of imposts, certain occurrences have, within the last year, been disclo* sed in one or two of our principal ports, which engaged the attention of congress at their, last session, and may hereafter require further consideration. Until within a very few years, the execution of the laws for raising the revenue, like that of all other laws, has been insured more by the moral sense of a community than by rigors of a jealous precaution I or by penal unctions. Confiding in I the exemplary punctuality, and unsullied integrity of our importing merchants, a gradual relaxation from the provisions of collection laws, a close adherence- to which would have caused inconvenience and expense to them, ad long become habitual ,and indulgences had been extended universally because they had never been abustM It may be worthy oi your serious consideration, whether-some further legislative provis'?n be necessary to come in aid. ot this state of unguarded security _i. fii rf, i,

From the reports herewith commu-' nteated, of tha secretary of war and of the navy, with the subsidiary documents annexed to them will be-discovered the present condition and administration of our military establishment, on the land and on the sea. The organization of the arm)* having undergone no change since its reduction to the present peace establishment irj 1321, it remains only ,r» to observe, that it is yet found adequate ",ir to a 1 the purposes for which a permanent armed (o ce in time of peace, can be needed or useful It may be proper te add, that,froin a difference of opinion between the late President of the Umted States and the senate, withregr.rd to the construction of the act of Congress of 2d March 1823, to reduce and fax the mihtary peace establishment of ie United States, it remains, hitherto,

so.^r»

were snIH

the contract would have been 2at??01 'edeemabie —Tk

of the

ooe millions ofdottn

ieus^ing

6 a

T85®

interest oUif±!^

redeemable and ihr

*f-r*

,tirty

and

b^nng

tj millions of which ''willh^-*111111

twe}|-

m:mediale-

"-ore than i^b^^^hin lit-

K-.

ex^

But at this timer^"'.

ci(izens

Ten^f

without execution,that no colo-

h*S

^e®n

anpointed

to command one

the regiments of artillery A supementary explanatory act of the leg's ature appears to be the only expedi*

ent

practicable, for removing the diffi-

of tlji

sappointment.

a period oi profound peace, the cone uct of the mere military establishroeri lorms but a very inconsiderable por ion of the duties devolving upon tbs ^Imunstration of the department of war. w,!. be seen by the returns from th^ ^ubordmate departments of the army, lrp/i ,ev^y ^anch of the service is mar* toYinJ ti

rGSuIi,lity

crenenl !at f,0in

and ('isci-

tl,e

commanding

,m ^j'oufih aJl the graduations oi III I

tC"denee»

officers feel theffl-

before th?y

erS,ar,d that

the glory of a

snhit of ?n *Ty\mnst insist in the ted irwl

arinv

oe®u

w^ic,)

s?afe1 ?h

are now

't anima-

imneUed iPaUi0tism "hich

ma^

confidently

nioI'al

ment 'I ®,state

character of the

continual improve-

the di'snn arrangements for rltT?*to°!

1 its

reference

bu^d^th^e,w^r

have a constant

dePartniSIre

tion to a ^Jt^uiks''l?:lvinsindeed

Attri

r«la

beino-1, condition of war, but dencv rn ^eIe^sive, nnd in their tenrityYr.,1

Dtj'lbutinS^ther

to tbe secu-

orection ^er,.nanencJ of-jeace. The for bv ^,e fortifications provided our hnv°R§l

essand

adapted to secure

|-s from hostile invasions: Th®-