The International Monthly Magazine, Volume 5, No. 1, January, 1852Various
History
The International Monthly Magazine, Volume 5, No. 1, January, 1852
Various
Art, Modern -- 19th century -- Periodicals; Literature, Modern -- 19th century -- Periodicals; Science -- History -- Periodicals
The annual Message of the President was delivered on the 2nd. It is a
long document, of much value as a survey of the progress of the nation
in the past year, and of considerable importance for its intimations of
the policy of the administration. The President strongly condemns the
recent invasion of Cuba, and in connection with a history of that affair
states, that after the execution of fifty of the associates of Lopez,
Commodore Parker was sent to Havana to inquire respecting them. They all
acknowledged themselves guilty of the offence charged against them. At
the time of their execution, the main body of invaders was still in the
field, making war upon Spain. Though the invaders had forfeited the
protection of their country, no proper effort has been spared to obtain
the release of those now in confinement in Spanish prisons. The
President advocates adherence to our neutrality and non-intervention
policy. "Our true mission," he says, "is not to propagate our opinions,
or impose upon other countries our form of government, by artifice or
force; but to teach by example and show by our success, moderation, and
justice, the blessings of self-government, and the advantages of free
institutions." The correspondence with England and France respecting the
invasion of Cuba, maintains the principle, on the part of the United
States, that "in every regularly-documented merchant-vessel, the crew
who navigate it and those on board of it will find their protection in
the flag that is over them." The right of Consuls to security in the
country where they reside, is maintained, and mortification is expressed
at the attack on the Spanish Consul at New Orleans, and the insult to
the Spanish flag. The aggregate receipts for the last fiscal year were
$52,312,979.87, with the balance on hand at the commencement, making the
means of the treasury for the year $58,917,524.36, against
$48,005,878.66. The imports of the year ending June 30, 1851, were
$215,725 995, of which $4,967,901 were in specie. The exports were
$217,517,130, of which $178,546,555 were domestic, and $9,738,695
foreign products. Specie exported, $29,231,880. Since December 1850, the
payments of principal of the debt were $7,501,456.56, which is inclusive
of $3,242,400 paid under the 12th article of the treaty with Mexico, and
$2,591,213.45 awards under the late treaty with Mexico. The public debt,
exclusive of stock, authorized to be issued to Texas, was
$62,560,395.26. The receipts for the next fiscal year, are estimated at
$51,800,000, making, with the balance on hand, the available means of
the year $63,258,743.09. The expenditures are estimated at
$42,892,299.19, of which $33,343,198 are for ordinary purposes of
government, and $9,549,101.11 for purposes consequent upon the
acquisition of territory from Mexico. It is estimated that there will be
an unappropriated balance of $20,366,443.90 in the Treasury on the 30th
of June, 1853, to meet $6,237,931.35 of public debt due on the 1st of
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