THE JOURNAL. gOIRRECT pruscirLEs-SGIPORTEn UT TUUTII. HUNTINGDON, PA. - 11tes — diy Morning, Dec. 81, IMSO. • TtIRMS- OF PUBLICATION: TYa "HUNTINGDON Jo u RNAL" is published at *a following rates, viz: If paid in advance, per annum, $1,14 - if paid during the year, 2,00 V paid after the expiration of the year,• •2,50 To Clubs of five or more, in advance,• • • 1,50 Tat* above Terms will be adhered to Mall cases. No subscription will be taken for a less period than six months, and no paper will be discontinued un til all arrearoges are paid, unless at the option of th• publisher. A Change. eir Hereafter the " Journal" will he published I on T hursday morning in place of Tuesday as I•.erc tofore. We make this change for tho 'oenefit of our readers. The present arr":egement of the mails will enable us, by this change, to give later news, as we almost iuvftriably receive the impor tant news in the early part of the week. The Trough Creek packages will be mailed on Wed nesday evening, and will convey to our numerous subscribers in that region the very latest intelli gence. fir We aro indebted to our friend, Mr. B. FULLERTOX MI.LS, fur the copy of a Lecture by CHARLES D. Mum, M. D., delivered before the Jefferson Medical Class, in Jefferson Medical Col lege, Philadelphia. We have read this Lecture with great pleasure. It is replete with wit and wisdom. ea - Major ItAystosm, of the Whig, has our thanks for a copy of Judge TATLOlefi sentence of nutchison. gir The length of Secretary CORWIN'S Report bas excluded our usual variety, but we feel sure that none of our patrons who read it, will feel dis satisfied on this account. It is an able production, and should be in the hands of every voter in the land. We hope arrangements will be made to give it an extensive circulation. That truth is stronger than fiction, is verified by this able state paper. sr The Old Year is about to breathe its last. Before the issue of another number of our paper 1831 will have commenced its course. We have neither time nor room for any reflections on the demise of 1850, or the advent of 1851, but must content ourself with simply wishing all a "Happy New Year." 66- Ottr CARRIER requests us to so that he will have the pleasure of waiting on the PATRONS of the Journal to-morrow morning, and hopes to be kindly received. eNT - Our Representatives at Washington are row enjoying the holidays, and consequently doing very Ihtio fl ate gotta of "the deer people." Harrisburg Papers, PENNOTLVANIA TELECRATIL-Thin old and ably condneted Whig paper continues to be pub• lished at $3 per annum. For si4 months, inelnd• ing the session of the Legislature, during which ii is issued semi-weekly, $2. The proprietors aloe 'propose to iPSIIC a Lady Telegraph during the ses• lion at $1 for a single copy ; two copies for $5 fire copies for $lO, if sent to one post office. DAILY AMERICAN.—This is the title of an ex- I ceedingly neat little daily paper, just published at Harrisburg, by Geo. BERGNER & CO. The American is Whig in politics, and the first num ber gives evidence that it will be conducted with ability. The Pennsylvania Intelligeneer has been 'discontinued, and its place is to be supplied by the Weekly American. Wo wish this new enterprise success. Terms of the Daily American, $4 per STATE JOVITNAL.—This is the title of a new weekly Iriig parcels be started at Harrisburg, on or about the first of January. The prospectus says it will support the State and National admin istrations, and will be thoroughly and radically Whig. For our own part we have no reason to doubt the sincerity of these professions, and hence cannot but deprecate the harsh premature attacks which have been made on this enterprize. We know the gentleman who is to conduct this new paper, and we know that no man of his years in the State has performed more disinterested Whig labor. Ills name. has net yet appeared, but we ! suppose will on the appearance of the paper. The mass of the Whig party of Pennsylvania are firm ly attached to Gov. jOIINEITON, and will rally around his standard a second time with greater. enthusiasm than they did the first, and hence it is folly to think that any set of men in their senses would dream of starting a Whig press to oppose him. We ask, therefore, for a suspension of pub lic opinion in regard to the " STATS JOURNAL," IlUtil it has an opportunity to speak for itself. Oz EN TO DEATII.—WiI.LIA MCGLANCIITIN aged 60 years, t,:s found on the 18th inst., in IVlif flin township, Cumbet;:tnd country, frozen to death. lie was of intemperate han.!, METHODI6T MlfiSlollB.-The a..mestic minions of the Methodist Church, according 0 Bishop JAN ES, comprise 320 stations, and employ 33: mis sionaries. Connected with these are about 30,00 church members. ' air A PAINFUL RUDIOR was afloat in Washing and Baltimore Cities on Thursday, that the boat in which Jenny Lind and suite stinted from Wil mington, N. C. for Charleston, was lost during the storm on lionday night. Later accounts, howev er, announce the safe arrival of the strainer at her destined port. The boat had been blown out to sea, but fortunately weathered the dtorm. The in telligence of the Nightingale's safety was received with great satisfaction. sr Our State legislature will meet on next Thursday. We trust the Members will hurry throug% with the business. Trial and Cool irlion of Alexander Hutchison, . In the Court of Oyer and Terminer of Nair Conn , ty, if the murder of NATHANIEL hU3II.NEONL, The defendant was arraigned on the itith - hest. ' Alilo couasel appeared on both sides. 1). It. IlomAs, Esq., District Attorney, and S. STLIA, Esq., for the Conimonwealth ; and T. P. CA B lIPUELL, JOIIN ROTTIEBLINE, A. P. and T. C. MeDowEm.; Esqs., for the defend,,ni. The speeches of these gentlemen, on both rid., are spoken - of in the highest terms. The tbilow ing gentlemen scare selected and sworn as jurors, viz :—Joshua Burley, Wm. Louden, Geo. • Potts, Thomas Criasmun, Edward RKiernan, Peter Pool, Samuel F. Cooper, Samuel Shellenberger, Abraham Storr, Joseph Stiffler, Joshua Hooper and Thomas Hunter. The counsel for the defendant instructed h,',u t to plead not guilty, and put in the plea , :;i• The examination of witnesses bud argument of counsel occupied the Court up to Monday evening of last week, when th.b ease.was submitted to the Jury by His 1.1 , :n0r, Judge Taylor, in an able and lucid cha''',,e. On Tuesday morning the Joey re tinted a verdict of Guilty of Murder in the first degree. The prisoner was brought into Court on Thurs day morning, the 26th instant. After motions in arrest of judgment, and for a new trial, were ar gued, and over-ruled, he was ordered to stand up, and was asked if he Lail anything to say why sen tence of death should not be pronounced against him. To this inquiry he replied, through his counsel, that he had nothing to say. JuDa ETo Lou, then proceeded to address, and pronounce sentence upon him, as follows: SENTENCE OF TUE COURT. ALEXANDER lii :—After a patient hearing of your case, which wits continued at your request an entire term, and compulsory process at the expense of the county given-you, to bring any witness you might name, affording you every fa cility to meet the awful charge against you; after availing yourself of the humane and cautions pro vision of the law extending to every prisoner a right of challenge which may almost be said to render the jurors that try hhn of his own choice ; after a patient and careful examination of all the evidence you could adduce; after havingtlie bene fit of the labors of learned and able coun,el, whose zealous efforts in your behalf' demand your grati tude, and elicit the praise of all,—who brought to your aid every thing which zeal, ingenuity, and argument could furnish, and whose eloquence, melting roar jury to tears, threw into the scale in your behalf the commiseration of every feeling heart,—you stand before us convicted of the wil ful, deliberate, and premeditated MURDER OF NA THANIEL EDMUNSON j-uf the high crime of mur der of the jire degree; and you are here to receive the awful sentence of the law ....., ........ --- - Your youth, and your present unhappy situa tion,—apparent as it is that you enjoyed not those early advantages calculated to preserve from er rors' path,—appeal strongly to our sympathy; hut you stand before us convicted of the highest crime known to the low, and public justice sternly re quires that you slamld stiffer the penalty. It is an awful penalty; but it is the penalty which the law affixes to an awful, an appalling crime : The law of Nature and of Revelation, alike denounce it against the wilful and deliberate shedding of hu man blood. Its infliction upon you cannot, indeed, restore to the bosom of his Ihmily your victim: ' but it will toll all others, iu tones of dreadful warning, that the life of a fellow being, of what ever race or cast, or whatever may be his com plexion, can only be taken at the peril of the mara5.r.?........ The killing of the deceased you have not deni ed; nor hare you denied any of the attendant facts which show it to be murder of the highest grade. The testimony shows that it was , done coolly ataideliberately ; in the execution of threats frequently before made us the fruit of a quarrel and a cherished grudge,—maile again shortly he -10113 loading the gun, and twice repeated immedi ately before you discharged it, with steady and fatal ann. It tins been urged that you were not capable of understanding the nature of the act.— But you had sufficient understanding and intelli gence to do your duty on the boat, so as to merit the character of. "a good hand," and to be entrust ed by Capt. McCue, who knew you well, with the command of his boat that very trip. Those who Iwere with you constantly on the canal the last season, and who had an opportunity of observing, saw nothing unusual in your conduct. The sin gular acts ascribed to you by several witnesses, at different times, observed but a few minutes, or at most not over half an hour, and while those by and with. wkon,you were employed at time time saw nothing .• ~ .. unusual in' your actions or conversation, are more satisfactorily accounted for OTUERWISE, than upon the supposition that you were insane. But your conduct at the time of the fatal occurrence show ed none of these alleged symptoms of derange ment—nothing but the following out to execution of a grudge and an oft expressed determination of revenge, ' like a staunch murderer, steady to his purpose' You were not then exhibiting one of the strange freaks mentioned by the Witnesses.— You were quietly sitting on the boat, when Ed mitten, excited by the violent assault you had made upon him a few minutes before, spoke to you. In that position, you made the threat— " Than, don't sus tar, or I'll shoot you." And to Bilmunson's reply, still sitting, you repeated it: Nigger, don't sas me, or I'll shoot you I" . And it was not until after he had said something else, that you rose up, and went for the en, and 'put your threat in execution. There is no disixiverahle evidence of mental delusion impelling you blindly to the act. There was too much calculation, mem ory, 4 TIETIIOD, in this madness.". It was the toad ness of malice—of "a heart regardless of social duty, Lind fatally bent on mischief:" If it were not nn irresistable conclusion from all these ducts, that you were capable of under- standing the nature of your offence, and of know ing that it was WRONG, your reply and assent to I Capt. MeCue's rebuke when you lust threatened, in his hearing, to shoot Edmonton, and when he said that "he would not like to have the negro's blood on him," and the dissatisfaction and disgust whirl,' you properly expressed in prison, at the visit to you, in the solemn citzumstunces in which you wore placed, of a near relative intoxicated, show that you are not destitute of moral percep tion. These remarks are not made to wound your feelings, but to show you that this court approves the verdict of the jury which fixes your guilt ; and to impress upon you our solemn conviction that you have no reason to hope that anythiug will stove you from suffering the penalty of the law. Do not deceive yourself a moment with a thought of being pardoned ; but enter at once, and M earnest, upon the work of prepar for the selemu ;;onr of death. Unlike poor Edlllllll,ll, WI.. y o u joirricil into eternity without Si h our ', warning, you %val. be allowed time fin. reflection mod repentance, and to nadirs your peace with God. Let these golden days and months, lie wisely employnd You wee' capable of knowing that the deed was wrong. lids it tufficient to render you justly punishable fur it. Happily uo grunter amount of capacity is needed to enable you to seek and find forgiveness from God. Look unto nisi for par don. Look unto Jesus Christ, the sinner's friind, who came into this world and died for sinners, "even the CIIIEF." To (10 this, does not reqn:re the capacity of a strong or highly cultivated mind. It is hut, with true penitence, and a firm reliance upon MU 143 s Saviour, to seek,—to ash ; with 11 burdened heart, and an eye of faith, to look and LIVE! And Mina encouragement have you to listen to the instructions of Ills ministers who will. visit you and inst r uct you in the great work of .preparation for the trying end solemn hour of death, by that melting display of tenderness and eompassion which Ile exhibited when lie opened the portals of paradise to the dying, THIEF who was suffering the, penalty of crime by His side upon the cross ; and whose prayer, then, for His uttn murdeors, ware, "YATllfin, POnOIVE Tian'!" ,It only remains 'to pronounce the sentence of the law. That sentence is— That you, Alcrander Hutchison, be taken hence to the place from whence you come, with'..a..the nadh, of the jail of the ronny 'of Blair, and thence to the e lace qf o,..egthm within te walls yrad iyr the jail ty thestiid coontu Moir, and that you be there hanged by the !Wl ' , ?Twit you are dead. And ma!' Uod, in File infinite compaision, have your soul! A Fugitive Slave Case. A ease occurred in Philadelphia, on Saturday the 21st inst., which shows how the Fugitive Slave Law can be used by such men as the Commis sioner foi that city, to aid kidnappers in stealing free men and selling them into slavery. The person taken called himself Adam Gibson, hut it Was alleged that his real same was Emery Rice, .and , that he was an absconding slave, the Property of Wm. Knight, of Cecil county, Mary land. Ile had resided in New Jersey, and attend ed the New Market, South Second street, with produce. lie is apparently about twenty-four years of ago. On Saturday afternoon, about one o'clock, whilst standing at the corner of Second and Lombard streets, he was arrested by Geo. F. Alberti, Wm. McKinly, and Robert Smith, who told him that he was charged with stealing chick: ens. Ile resisted the attempt, when a pistol was placed at his head, and he was put in a carriage and hurried to the office of the United States' Marshal for the Eastern District of Pennsylvania. Shortly afterwards, the Commissioner, E. 1). In gralnny Esq., appeared, and without much delay, at once proceeded in the case. Proof was made that Mr. Knight had a slave named Emery Rice, but not a particle of evidence was produced to show that the person arrested was Rice, except the say-so of a fellow named James F. Price, who admitted in his cross-examination that he had once Seen arrested for kidnapping. On the other hand, two colored men swore positively that they had known the man arrested from childhood, and that his name was Adam Gibson. This statement could nu doubt have been substantiated by other witnesses, but the Commissioner, with indecent haste and a want of humanity, as disgraceful to himself as it was inconsistent with the ends of justice, refused to give the prisoner any time to produce witnesses, and at once handed hitn over to the claimants. And now for`the sequel. The alleged slave was taken to Maryland late on Sat urday night, in the custody of several officers, and was introduced to Mr. Knight, his reported mas ter, out the following day. The moment that Mr. Knight saw the negro, lie said that he was no stare of his—that Emery Rice was a much older man, and of a lighter color. Ile remembered Adam Gibson, who was a slave in his neighborhood, but he neither knew nor eared how ho obtained his liberty. If, said he to the officer, yon see Emery Rice, tell him that Its hail better go to Canada ; for if I get hold of him, I will keep him as 1,4 r unman was at once permitted to re am, and was placed on the ears, but by some means got off on the road, and walked to Phila delphia, where his arrival was greeted by a large crowd. Gibson has brought snit against his cap tors, gad also indicted them for conspiracy to de prii•c bite of liberty. Notwithstainding there was a burst of indigna- tine in Philadelphia against Commissioner Ingra ham, for his outrageous conduct, the Pennsgleani , an, the paid organ in the North of the Slim Aristocracy, compliments him for his great promptness; and even when it turned - out that flibson wns a free man, persists in saying that Ingraham acted properly. A few more such cases of promptness on the part of these negro-catching Commissioners, will raise such a storm at the North that no threatened consequences can pre vent the Fugitive Slave Law from being repealed. Later from California. The Steamer Cherokee arrived at New York on Friday, with dates from San Francisco to the 15th ult., gold dust of the value of over $2,000,000, and four hundred passengers. The Cholera was abating at San Francisco and Sacramento. Trade was generally dull; the markets well sup plies! at moderate prices. Mining is partaking of a more scientific charac ter; and the mines will yield a better return. An extra session of the legislature was talked of. The number of passengers that arrived at San Francisco, from Oct. 1. 1849, to Oct. 31. 1850, was 43,615—0 f which 30,123 were Americans. Three men, with twelve others employed to aid them, $lO,OO per day, per man, in twenty-five dap obtained $75,000 worth of gold on the Yuba river. This N called "a streak of luck" A gentleman in Santa Cruz during the present season realized the nice little smn of $5,000 from six acres Oland, planted With potatoes alone. There was a destructive fire at Sacramento city on the oth of November, which occasioned a k of about $45,000. Gr A man was shot, and dangerously injured, on Saturday night last, at Parkesharg, Chester county; by whom is unknown. Suspicion, how ever, rests on a colored man, who had been aceu ' and of being a slave and threatened to be informed on by the man that was shot. It has caused mach excitement in that vicinity. AN OLD 110(..-The Pittsburg American no tices an arrival in that city of a runaway couple, from Lancaster Pa., the groom being an old far mer of 75, worth $30,000, and tho bride a bloom ing girl of 18.. The old gentleman is a fool, of whirls he will soon be convinced. As to the young lady we any nothing. er The Locofoco State Committee urn now engaged in a beantifid quarrel among themselves, and gradually extending to their party in general throughout the State, on the subject of holding a separate Convention fur the nomination of candi dates for Supreme Judges. A portion of 'the Committee have called a mcctiog of its members ass their own hook and against thii wish of their Chairman, to nullify the call for a 'separate Con vention. Both factions are deserviag of the fate of thd caul. Secretary of the Treasury's Report Below we give the most important portions of Mr. Cox:lris's annual report, as Seeretary . of the Treasury, which was submitted. to Congress a short time since. We give a synopsis of the sta tistical and other portions of the reports the details of whirls arc not of immediate interest to our readers. Thnt portion of it which relates to Home Industry we have given in full, and it will he found particularly clear, able, and interesting. RECEIPTS AND EXPITSIDITURES. The gross receipts front nil sources during the fiscal ycatending..June 30, 1850, inclusive of the balance in the Treasury on the Ist of July 1849, wore $49;606,713. • The expenditures fur the same fiscal year amoun ted in all to $48,002,165. lalaucti in the Trensury, July 1, 1850, $6,604,• THE ESTI!HATFM FOR IRSI The receipts tbr the fiscal year ending June 80, 1851, urn e9tininted in all, nt $47,258,996.. The expenditures ut $48,124,668. Tim Wont: Down. . The ColleCtoros of Customs and Surveyors of interior ports have beets made depositaries and have gives bonds as such. A statement has been ob tained, showing the amount of money expended in each Custom I louse, and the number and salaries of the persons employed. The arrangements con nected with the collection of duties on the Pacific have been fully attended to. The Secretary has submitted estimates for the Revenue Service, on basis of twenty revenue ve,s,ls. Tint DEBT. On the 30th (;f Noveinber, lust, the Public Debt rus $64,228,229, Tim YEAH 1852. The estimated expenditures for the year 1852 are $48,124,998. FRAUDS UPON THE REVENUE. The Secretary says that the provisions of the Act of rely, 1836, have heel, found insufficient for the prevention of frauds and undervaluations.— These frauds demand the immediate supervision of Congress. They have been, and continue to be, systematically perpetuated, and are confined nei ther to one class of articles, one market, ur one port of the United States. lie earnestly urges upon Congress, to inquire into the practical oper ation of stir present system of imposing duties upon the foreign cost or values of merchandise, being fully satisfied that the longer it is continued, the stronger will be the inducements for the couunis . n of frauds. THE IMPORTS AND THE PCBLIC DLDT, The estimated receipts from customs, m presets. ed for the remainder of the current - year, amid for he year ending :30 June, 1832, are based upon a xintinuance of the present large artiount ofimports. Aside from our increased expenditures, and exeht doe of estimated purchases of stock, w•e have to irovide for $7,220,952,89 of the public debt which matures within the next tw•o fiscal years. The operation and effect of these laws of labor d trade, it is believed, have been frequently and Ipably exhibited in the history of our country.— is from such experience that the general princi n upon which our tariff laws are based, have be me the common opinions of the people. Hence e almost universal impression in our country avails, that, in assessing duties on foreign mar andise, such discrimination should be made as II have the effect of fro:hieing all articles _deli can be manufactured at home in such quantity, if possible, as to raise up two mar kets tiff the consumer, the home and the foreign— each competing with the other, so that he may not his left to the mercy of one, and that the foreign one ;tem only in, its operation upon revenue, it is I atone IJOIIE INnusTßy. The system of ad valorem duties ; however well adapted to many articles of trade, when applied to all, without diierimination, restriction, or safe guard, has been proved by the experience of this Department, to he subject to many and strong ob jections. Its tendency is to cherish a spirit 01 )vertrading greatly injurious to the industry of mm country in all its departments, and, in its final 'malts, thtal to the revenue. onsidering this . . believed that the experience of the most enlighten ed commercial nations of Europe has proved it to be impolitic and unsalb. Under the operation of the British tariff, revised in 1840, the whole rev enue derived from articles paying advaloreni du ties has been only an average of about £BB,OOO ($182,000) per annum ; in a gross receipt, front customs of £22,000,00t) ($105,000,000) being less t h an „„,,,,c i t.t. uf This IIEC 111 • ...aue from inmosts, and the evident design of Par liament was to make specific duties the source of revenue from imposts, so Mr as it possibly could be effected. A like policy Jim also always been per sued by the other commercial nations of Europe. The primary object to be kept in view in levy ing duties upon imports is admitted to be revenue. It is equally well established us the policy and du ty of the Government so to discriminate in the levy ing of duties, as, without falling below the acces sary amount of revenue, to give the greatest en couragement possible to all the industrial pursuits of our own people. One filature of the law of 1848 ill the opinion of this Department, is opposed to both the controlling principles just stated. 1 have reference to an equal, or higher rate of duty on the raw material, than upon the manufactured article of which it is composed. Such provisions certainly take from the manufacturer and artisan, that eouragettient which the present law dotibtleis, to some extent, was intended to atford, and also cheek the itmor atiott of the raw material to a degree detrimental to the revenue. The constant Iluctu- :moos in prices, and consequently in the duties under any unrestricted ad vadorom taritl; give t, the act of 1846 that most objectionable feature, in stability. These variation; giving a high duty when least required, awl low duties when price: arc rnitions, tend to An excess of importationzt, ant subject all the products of labor in our own comp try to the frequent end enormous fluctuations it the' markets abroad, arising front the disturbed con• • &that of those nations, with whom our foreign commerce is chiefly carried on. Under the uresCnt system, duties are highe when the article iniporti,d is h'igliest, and wheritho purchaser and consumer can least afford to pay the duty; nod lowest when the pries of the article wanted would allow a heavy additional duty to be levied on it. Thus, if an article costs $lO, a duty of thirty per cent. would compel an addition of sd; if that article fulls in value to S 5, then is the duty reduced one half. That cannot be as wholesome system of taxation which fiallows the consumer in tile purchases, in creasing his burden when prices are high, and ta king it oaf as price: fall and his ability to hear it increases. If applied to articles of subsistence, it would operate as a lienxy tax 1111011 bread inn year of famine, increasing with the intensity of the evil, and gradually disappearing with the return of abundance. • The objection to the.present system, from coo• mereial iluetuatiom in prices, is ma:tautly formi upon the attention of the Department by instimeei of extreme inequality and prejudicial operation.— The European price of iron was, in 1846, gread: above that which has prevailed for the last twi yearn. If the duties upon bar iron have been lee. led in strict anon' wiili foreign cost, they would now be hut little more than one-half of what they were in 1846. By this process, besides the im mense injury inflicted upon domestic industry, our revenue is made to fluctuate with the accidents and revalstons ht foreign conuneree, nod these acci dents and fluctuations, which originate abroad, are imported with their attendant mischiefs. Our revenue, as already stated, must be main ly dependent on duties on imports. Those imports front abroad can only be paid for by exports made iup of the products of our labor in all its varieties, or in tile precious metals. lfusr imports shall ex ceed the value of our exports abroad in any. given year, to the extent of such excess du we create it foreign debt. BIM, operation be repeated for only a few years, it is obvious that it will effect the with drawal from us of a quantity of the precious met als equal, or nearly so, to the amouut of the accu mulated debt, bringing with it bankruptcy in all departments of business, consequent inability to purchase foreign goods, and thus, for the time, cau sing a ruinous depression in the receipts into the treasury. It then becomes equally the duty of Congress and the interests of the people (if possi ble) so to regulate imports as to confine the impor tations into this country, to an amonnt about equal to such exports of our own as can find a market at remunerative prices abroad. The bare state nadnt of the foregoing well established laws of trade would seem to famish a safe guide in all legisla tion on the subject. Whilst importations should be secured in amount sufficient at a practical rate of duties to supply the wants of the treasury, suCh ditties should be adjus ted in a manner to affeet . ffivoreltly all indusnial pursuits at home. Halides on the neeestiary im portations should have the effect to impair the abil ity of the inites of the people to purchase anti pay for foreign goods, then importations to that extent must cease, 'and in consequence the revenue to an equivalent amount would be diminished. It is believed that our own experience has shown that our exports cannot be greatly extended, as some have supposed, by low duties upon foreign goods in our ports. It is a fact, within the obser vation of all, that merchants and ship-owners are ever vigilant and alert, with all the knowledge which interest eau impart, and all the skill which experience can supply, to send abroad any and every product of this country whirl, can any where hind a profitable market. These agencies, which are always active, extend our export tratlic at all times to the utmost limit of advantage to the pro ducer or carrier. If at any time a given article of export should he carried beyond the foreign de nim/id, reduced prices the invariable result of over supply, brings loss upon all concerned. If a for eign article is in like manlier Ibreed upon our own market beyond the required supply, the elfeet of reduced prices, while it inflicts often ruinous Firs upon the importer front abroad, is felt by those en gaged in producing the like article at home, in eon- . sequences tenfold more injurious, as the reduction of price in our own market extends to and Weds the entire labor of the whole country, which may be employed in such manufacture or productions. Thus, while the injury is temporary mid limited in its etlimt upon the importer, it is often lusting and widely extended upon the labor ofour own people. We see and feel it in the sudden breaking up of establishments not yet sustained by au amount of capital which can afibrd to encounter temporary suspension of sales mid reduced prices, or not yet worked with that skill and economy which long ex perience alone can impart. In such instances, la bor is stablently withdrawn from a diversity ofpur suits, and di iven to the production in a limited sphere; this again brings an over-supply of what ever may be produced by the common employ ments, while in the end it leaves the market of the article, whatever it may be, the production of which hits been abandoned at home, at the mercy of the foreign supply alone. The result in the end, to the consumer is invari ably a rise in the 'nice of such article, and there being no competition with the foreign producer; he has possession of the market, and, of course, sup plies it at the highest price which the demand will give him. His prices and profit, unchecked by competition in such cases, continue to rise with the increased demand and diminished home supply. .... The happy indirect effect of such legislation upon the labor, and, consequently, on the perma nent prosperity of our own country, is not the greakst, by any means, of the blessings it confers. By giving diversity to the occupations and indus trial pursuits of the people, labor is rewarded and the ability to consume foreign products is attained and the wants of the national treasury, dependent entirely upon ditties collected upon foreign imports are nmply supplied. While the great end—that of it competent rev enue—is thus surely reached by this policy, rt larger amount of exports is at the same time obtained towards paying for the required importations. Our exports, as the commercial statistics will show, are nettle up mainly of cotton, rice, tobacco, breadstuffs and provisions. These are the products of the soil, and are shipped to foreign ports with out more labor, as an element of price, than is ne cessary to fit them for market in their first and simplest condition. Oar statistics disclose the fact, also, that breadstuffs and provisions, of which we can produce a larger surplus than any other people form comparatively a small addition to our export•, particularly in years of plenty abroad. These ar ' tides, in the production of which so large and in teresting a portion of our people are engaged, can not find a market abroad at such prices as the far mer can laird to receive, except when famine or war create a foreign and exceptional demand. In 1847, a year of titmice in Europe, we expo,. tad of bretelstutEs and provisions, without premon ition of the calamity which created the demand, $68,701,121. This extraordinary export, while our own market Was fully supplied, put beyond doubt our ability to supply of these articles a sur plus lie exceeding the ability - of any other cottntry provided a market was found which did not ex haust the value in transportation. The extraor dinary demand of 1847 was tiot due to any legisla tion of own or tbreign nations. It was the re sult alone of the famine in Europe. Since that time the operation of the British revenue act of 18.16 has wholly removed the duties upon . such foreign agricultural products as are used for food, and ours enter into competition there with those of other nations. This free passage through British custom-houses has not, however, increased the British demand, for We find our exports diminish ing in proportion as the effect of the fitmine Vover come by the subsequent abundance tints the ex port of breadstufls and provisions in 1847 was $68,792,101; in 1848 $37,472,751; in 1849 $3B,- 155 507 ; mid in 1850 $26,051,373. Our exports in 1831 of these articles were $17,538,227 ; in 1841 517,14,102; and, at the ratio of deereai . e exhil Red since 1847, will, in 18M but little exceed th latter amount. The exportA of rice' in 1827 itmounted to $2,343, 908; in 1837, to $2,809,279 ; and in 1848, (tlie year after the tionine,) to $2,331,824 ; in 1850, to .4; 2,631,557. These dates eiabrac'e a ',Cried of high and low duties, of comparative free trade ut lama and in the principal market abroad. These fact, disclose the blhicy of the principle so frequentl, 'lilted, that, by in hwitnr heavy importations un• der a system of low Intie:, we necessarily create a large corresponding di:l,mA abroad fur our oar prothwtions. Whatever truth there nay be in this principle, is applied to the mole between other nations of the world, 11, COUEC(111011CU of the relative nature of their productions and manufactures, it has not the ,illllll3 application to the I.7nited Stance, limn the single fact that nearly all the supplies which the latter furnish to foreign nations of articles of no nasally, the consumption of which is limited to ac tual wants and cannot he f o rced beyond that de mand, by adventitious eircumAances. When a high degree ofprospei ity exists in the the United Suttee, we see a levee inerenSe in the consumption of most foreign productions, whieh tnay be gener ally classed under the head or luxuries, bat we have no such close of articles to tempt foreign na tions in like manner to extend their purchases from us, in reciprocation for extended supplies limn them. No nation will purchase from us, no matter how prospe,us may be her condition, a larger amount of breadktu& than the deficiency in her own abili ty to supply will require, even though we buy from her double or treble the amount of her productions. So, in like manner, when her crops WI, she not only will, but must, take from other countries, what the wants of her population require, even though it be three or ten-fold what they take front her. • This iniueiple Wll3 fully exentplitled in the fem. ine year of 1847, 101011,14 r immense supplies of breadstuffs to Europe caused such a heavy bal- ) alma in taw favor, even though it did increase our imports from the very cause already alluded to, of creating such a degree of prosperity in the coun try, as to extend our desire and ability for the con snit-atoll of such articles of foreign luxuries as "we could not supply ourselves, and the opposite result is exhibited at the present time, when we am making excessive haportations, not only without an equivalent extra demand, but, on the contrary, with a diminished one frrim Europe, thy below what . . she took from us, when our importations were so much less than they now ore. • The foregoing statements show that thefarming population of the country, without any extra brdi nary stimulus, can produce a supply equal to $68,701,121 to meet any urgent demand of a for eign market, an amount more than equal to the av erage value 'of the export of cotton from this coin, try. But we find this sum of nearly FiNtymine mill ions, which rewarded the toil of the faring: of the country in 1847, dwarfed down in 1850 to the com paratively insigniglicaot amount of $20;051,373 a falling off in the rewarda of labor of the,farmor alone in two years- of $42,40,548. „.. When it is rementhered that a very rarge pro portion of the citizens of this country are engaged in the business of farming, and how much: of tho permanent wealth and true glory of the republic depends on their well-being and prosperity, it would seem to be the dietrto ofenlightened.seitish ness, ns well as a duty of patriotism, so 'trintould, if possible, the laws regulating trnde and •revcauo no to fortush for them at tonic, a permanent mar ket.with remunerating prices. As no such market can be found abroad, it may well • mit:gest the inquiry whether legislation in providing of neces sity, for eeventte, shall not, by eneournging a di versity of employment in one own country. sccuro the only safe and sure market fur our farming pro ductions which can be obtained. _ _ _ The policy here suggested is strengthened by a comparison of the value and amount of the home as compared with the foreign market. It has been estimated that - our consumption of (bud, raiment, furniture, &c., is about $lOO for each individual. Of this sum from $6 to $7 arc of foreign produc tions, which, say st $6 50 per head, wont,/ require an importation of about $150,000,000. It will at once appear how insignificant this atuountis when compared with the amount of home products con sumed. Upon the basisof $lOO per head, the . . tbreign production furnishes $6 50 per head, or, in the aggregate, $150,000,000; the residue, or 493 50 each, requires annually the sum of about $2,100,000,000 to be supplied by our own. indus try. Our average consumption of imports per head, for thirty years has been $5 94. Any ma terial excess over that average, as in the years 1835—'6, and 1839, has been surely followed by the most disastrous results. The imports of the past year have been exceeded in amount only by the year 1836; and, it the official figures could be made to represent the true cost of theimports of . . the former year, even 1836 would, it is believed, not .be an exception. imports of. the first quarter of the present year shows au increase of more than $18,000;000 over the corresponding quarter of lust year, indicating am importation for the current year, greater, by many millions, than the imports of any previous one, and a consump tion per head proportionably larger, whilst the markets abroad indicate no prospect of an increas eddyinund for our exports. . . These exports, as already stated, consist princi- Illy of articles of necessity, and nearly all of lem raw materials in their crudest state, and if re therefore wish to occupy the place among corn tercial nations that our advantages of position ml our vast resources warrant, we must greatly icrease the amount of those exports. 'Ms can my be done by an increase of manufactures. During the past year oar exports of cotton have amounted to $71,984,616 While of domestic cotton manufac tures we have exported ouly to the extent 0f4,734,424 _ . Awl dining the same period the im portations of cotton manufactures entered fur consumption, hare amounted at the foreign raluatiim to The exports of cotton from the United States exceed in importance those of any raw material exported from any other country, and at the pre sent time it is our only export that is essential to any other nation, hut it is believed to be a 'nista ken policy for any nation to send its materials to distant countries, to be manufactured iutb titbries for its own we. Possessing this most useful staple in abundanse, and of the best quality, we ought greatly to in crease its mantillteture and secure to ourselves portion of the profits which other countries enjoy therefrom. In order to impress cur people with the value of this production of the United States, and the means that it atthrtbi of extending our in ternal and foreign commerce, I subjoin several tables exhibiting in some degree its importance. We exported iu Raw Cotton. Cotton Thinu, $42,767,341 $3,545,481 53,415,848 4,082,523 61,958,294 5,718,205 66,356,967 4,933,129 71,984,616 4,734,424 IB4G 1847 1848 1849 1890 $296,263,066 $23,013,762 The countries which hike the largest quantity of our raw cotton are Grout Britain aid France; and our exports of cotton and cotton mantitintbures daring those years to these countries were us fol lows : To GREAT BRITAIN. To FRANCE. Cot. Wool. Cot. Man. rot. Wool. Cot. Alan. 1846 $27,707,717 $9,607 $10,080,465 nuue. 1847 35,841,265 6,765 10,381,318 $ 216 1848 41,925,258 28 11,428,850 2,374 1849 47,444,890 2,591 10,185,713 mine. 1850 48,884,453 50 14,395,449 • 539 $201,803.592 $10,041 $56,471,795 $3,129 The value of collon twitujitcturts ex-. ported from the United States du- ring the year '4B was And that trout Great Britain the value was Which shows how largely Great Britain is de pendent upon this manuilteture fur hoe cutunterCial proeperity. Of the above amount the U. States . . received from Great Britain, per ' British vessels, fur 1848, to the extent of $8,291,036 Our records Ow the fiseu/ year end ing 30th JIMC, 1848, shows an im portation of cotton manufactures • from Great Britain amounting to • 14,477,978 The *United States should share in the protitaof manufacturing her own great staple ; tut its increasepro portion us we the manufacture . of.. thisund other materials of which we have an abundant supply, shall we be enabled to command the.pro duce, manufmtnres, and coin of other nations.. Our entire export of bread-stutD. and provisions Ito all, the 1:,;:t year, will scarcely anemia to the value of the emuu gouda imported and the duties thiliteon. These statenwnts are intended to show how im portant uu article iu the commerce of the world, is the cotton of the United States, nod, if menu thetnred by our own citizens, how widely our corn tneree might be extended. Instead of an impor tation of Deadly $90,000,000 in value of cotton mantifiictures in a single year, our annual exports of those mantifitetures should bg $100,000,000. The warehouses of the United States will not he filled with productS and Ifinnufactures of other nit dons, so long as wo are content to export our cot ton mid other materials in their crude state, and import the most common articles of clothing, Our policy should ho IS' 'every constitutional means, to encourage the manufacture of Our on-it $19,8:1030 $5,718,205 100,777,008