Newspapers / The Raleigh Sentinel (Raleigh, … / Dec. 12, 1868, edition 1 / Page 2
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MESSAGE President "of the, t'nltea States, lTllnA.tKtU. Xa Aran awi Hmnrrf niprmnmrnt : i Upon the r assembling of Congress, it again becomes my duty to oil your atten , tion to tbs state of tb Union, and to its continued dieorganited condition under the various law waich have bfo pawed bpott ' it ins be safely awuwerl'!1? an axwrn in tb gwernriMsat of Bi's, iba tb greatest wfooa inflicted upon pwpW are cueil by Bnj'Ht ami arbitrary iexinittioa, or oy t'ti tiiirtrlttting ducrera of despotie ro'ef s. '- hd Urn tits Miiiely i-esocatioa-oi injurioaa Boppfsasirsmeaanrrs is liiegrea&si 'jt'i'T that can be conferred upon a nation. The leg!ator or ruler who has tli w-tadom n; magnanimity Mrrstrace hi steps, when Con incd ot error, will sooner or later e re- . warded with the rspect and gratitude ot an iiiiliat and patriotic people. Onr own hiniorv althoiiirh emhracinir OM-iod ks tl.an'a rant or -afford, shun vf... . f .1... .i ;i -n ik f the organic law and e,.-,v,- Violations nl the orjjauic li gllatinn. The moat sirikirj; Illu triiiiro i ol tbi fact areJurnishtd by the emu Mm ro ot the past fhroa years upon die qm-ti"" f Tiiritiinrtii-rloo. " After a I ur triaf. they i av hubtun ially failed and proved perniri' u in their remol's, and there seems to be g l reason why they should longer remai ipoo the slittult b ok. 8'au-sto huh ih- o iiitution guara-ihuia a republican form of g 'viriment have bteo redu' t-d to mil i tary it-pentl-ncies, in each ot which ib. ! pl luvc been made subject to itie arbi rry will of the couimaodiUK general Aliiou,(11 il.e CwiiktiimloD riquin- Ilia ' c i(-h 8ite shall lie epn-en'.cd in ('onjj ' , Viri.la, Mi-itippi, and Tela, are yi I e-j-lude-i, and, contrary to the eipre-a v. iorte uf thai itiatium-rit, wire ile-ih-I pn tit ipaiihn in the recant election tor il'um il.-ut awl V.e Prcsi-l- ur of the L" ote i JyiatiX Tli.! alrtm,l' to plaCo the whin J) pulaiiou a ider the domination ol penou nl color io lh) South hs.uipid, il not ilewlfoyed, the ktmtly relations that ha i pretoiu y iiiHted b.-twi-.-n tli. iu ; nd u.u tu a) di si rust has ei-n-ndeied a l-ehuo; auiKi,ry, which, lea.iin In tome instinc s to fo-li-i.ia and Mo . 'flic I, li'isp'-T i.'e.j tftS cn'r-p' ratio b-tiMfcu the t.. races, ei-eti'll to tli ia.w'11 of il) Ilium! - tr prises la the Southern Slsie-.. Norluvi Ih- liitiahilan ut thuse htatts alone sui- tered trow Itlsdisfurbed Condition ot ntTaira Trowinir ottt ot thttt! CoBUrrB-slotial enact im-iita. The entire 1. aion has l.e n aitltat. l ...... , '". . ....... by grave apprebcnsioris of trotioh-s hirh Hugl t a'Miri involve the pea. o of the n a imu; its iiits-rest have Iwii n-j ut louai y afTcciedhy the ileraiigerueut ot t.ntiucsa and li-r, and th conteq-iem want of pr.pnr ity throughout that portion ot the Country Tlje iiK-rl (JuoetiUtHi.u the m 'gun !Aeia At .mriiMin riuliia. under almas! wine aorftalutary proviaiont wo have tue hundred and twenty inilliont, thn-e huri fp.st.illj conduptedj ll "Ut domtstle ( did u I I .riy a x m I n, and tbrv hi i tfrirt.rii'alfaini anaiafiwt onmelv in u- ft'-e i dr.-1 a-iff nine r-'tiren mi Hon Adding to and in war. and beeoiuw a urc it na'i - I., atnot.g the Powers of ihu earth - tuni as "srarrrily be bow art. quate to rhc -t'lim-tit ot quejiiliHii growing out of llie civil war veirqd alone for its vindicailon. Tht gri at tact is made most man. fiat by the Condition ul the criu.iitiy wiivu ortigi.-s a fcfmbl.din the month of Ueeember. Civil strife bad ceased ; the spirit nf r. belje,, io had spent its entire f..rc ; in tlie Houib - co feiatesbe people had watiM I luui ua tiooe.1 life, nnd tliroMliout ihu whole coun t try a Ufalthy! rcti:.n in public sentim. nt ' tisul takes pi tie. H'y .the application of tne eiruplu yet iff'-ctive provisions of the ('on .atitutiti-n, the Executive V -puryuent, wnb the volua ary iul v( the States, had bronchi the work frtoratum as sar comptUi .n tti Wi) wltliiu the-ac'ope of its authority pect of an early and sat.alaclory adju.tarcut ol i Its ilillicnltits, Ccngrrse, -tever, iutervc'ned, ttnd, refining o periect the work so .pearly consummated,' dectini-d to admit members Irom the unreprest otwl States, adopted tenet ot uit-ahu.es winch arrested the progress of restoration, ftu-tra let! a)) that had been ttt euccessluliy ace.. in , jiJ)sued,ad, after three jesrt ot agiiaiion and etrife, has left the couutiy farthei from the attainment of union and fratcri.al leei ing than at the inception of lite Cor'tin n lonal plan ol rc-cstuBimctlon, It nteds no arguuwttt to show that ligislation- whim haa produced uu bantlul coii qnciiii-H ehmild he abrogates!, trr ee made to cm form So the genuine principles, tf rtjiubli can government. . -louder the intinence oi party paei . and , ctirbal prrjjdica other acts halve been - passed nui warranted by .the Constitution C'onurttss has already been made lauiilir witti my views rospectinir the "tt nure-ol ' -fflee bill." ' E'xDerience has iiroTed thai its repeal is demanded by the beat inteiests uf the Country, and (bat while it remains iu lores the President cannot enpin that rigid nr-fouti'ahility ot public officers so es. mial - to as honest (n) r-fBetent Mcctttlon " of the laws. ' Irs revocation would enable the Ex ecutive Department tu exercise the power of appainlment and retnaval In accordance t .--wiili the original design of tuo Federal ConatitntioD. . ..Thsract of March 9, 187, making appro priationi for tb support of the army lor the ywr Hiding June 60, 186S, and for ' other jiotWes, contain provisions which interfere with the Preid-n.''t constitutional o function a commander inchiet of the army, asd deny to State of the Union the . - rit;Ut to protsait tbemteive by means ot ' i., their owe militia. These provisiotia should be at one annulled x for.wliilu tbe fliat 5 - roiffHt, In time of great tmergens-y, serf- 'aeiy'mbwras the Exechtive in elh.ris to , empttt.sod direct the common strength of the nation tut iit proteciian and piusm-.tU-tion, lha other is uootrary to the express , . deciafation nt tne C'onantntton, that a "well .'.reiiuiated militia beidg necesaut? to tbe se i eunty at a tn State, the right ut the pcos - p:e to aeej) ana sew anus suau uoi ue in i IrhPgwd.'N Ud believed that the repeal of all tueh , t . ... ..i .1 i.- ' ...4. A t.- .r.. - i . J... f - mni wuum vm suaMwsi vj nm A to i i an ... people at at lesat a partial return to the luadamental prineiplee ot tb Government, and an indication that hurealtcr the Con , ; tf.'aisoa is tn tw mode tbo oarionesfeaod "-'tiueriii.g guide. .They can be'pruluotive ,. A b fiefiuaaettt beaeiit to the country, and should set be permitted to stand as so laany fiourriertts t th defickint wisdom which has chisrictet ix.'d ouf reccet legislation. 1 he condition of oar finance Demands sun taller., i oiisoo lanou ui ii'n- gretsa. (x,u.pated with the growih oi oar one ol the grvat eveau ot Irreeident Jack ' jjopulatii'tt, Ihe puhlin txpeudituro hare I eoa'i Adndnittraiion. 'After it redemption reached an amount unprecedented in our hist or j, 5 ,' Tbe population f ihe United States in ' IT6U wa nearly lour miHioos nt people. Iocreasing each decade about thirty-three -per ceo;., It reached m - 1S60' luiny-one Mtiiiluiiaao increase oi seven nuoorasj pei or an expensive war w int. on the population of 17'.'Q. In . l!y!iUiffl4t lfl.t-v4. j ,rfTr. itieiie1jsi...aiiiait, l-U-.-ii ls"iity-t4;hj.itiiJii"; aailvthu JailiifOoXaa lacreis.-oteubt Db&ared an.rrtiiljCiii'rnWii',i!B sixty eiivhl per cent, in (k veuty-nme yem'r lout T be annuul exp-'fiibturf- ui uie x-eueratt -Vt ji unajifn mmi i.iwr wmi i en i.unitrissi tbouaand tiul!ar ; in lK20,i-ight-eh h i mi. dune two haadred tbonatKl doiiwrt ; ia Urf iSyfw y-tiw mliuiGM j is -liwu, atxt v-lliri? MUiioM' in Paif, nearly thirties! ttJaJireii Government n id reached tie lmKn WW Lilidm'; . d in,!!)! UettimaMtVby tbeiof 3.7 .9W.W. BVrariVV-il.rttH' Ti'fy.1ii Ms 1wW TKsSeemary tot 'tile' T'asry fhtiwt the port, thar they will U three hundred ami oft tile first day of Kovembe.r, 157, this asv-nty two millions. 1 amount had liecn reduced to ti,9 1. Su."! BbMmnariuu the nublic disborwOMmts ' bat at'the time Ins r -portiexb rat" fl of tfttt1, m fstlnirtM "f 17Bli. I win r.e teca mat n.e increase eii iiini-: tore since the beginning ot the Government j h .iht n.oi.nd six hundred and ! eigh'eeri avr rent urn while the increase of j the population tor tne same peno.i nnlvei'srht hundred and sixty-eight per eeiitsm. Afeaia. the exwwMftS of th yov- eyifetnTtTW ately preceding the w ir; were, only sixty three million;. while in 1889, the yearot mun ihM win fin iln war.it is ei1 mated tln-v will be three hundred and Vf.' BtyT'ff"r1IttOW.?w-itB' wf- tttttr .lU'idred "d "sf'tty wwe pee c- ntutn, while the increaol population w only twenty one p-r centum for ihe same period. Ti.ese 8'Hti ic further show that i 181 fie annuul na'ional expenaes. compar nl wi 1. tbr (L.pulation, were little i.re than one it . Ur perc i'a, and in li) bui two Ool'arii p.-r capna ; which in 1KIJ9 they ! will r. v li the ex-rav-irant hum oi niiit i din lata aiidaiveiity-eiioit nt p- r raoita. j sis.omeut nj.-r to ami eih.bit tin the dm liurements ol peace perie la. It may, trier" fore, be ol irrt.-reat to compure the . xpendi turn tb three war p. Nod ! be war with (j-ri-ni Mrlmin, the M-iHaa War, sod the war uf the relx-lliou. In lIH the annual lotperisen incident to he .ir ol lil2 rearhe I th-ir Inchest aui'.unt a'-out tli;ri)--'ine onlooris ; while .ui popu'iion nightly i xi-e dd eight mil ioin. .iiowin ,iii expenditure of only . ree dolUr mid i ii( il ccnu per c:ipit u lh'47 the cxpen. li i ure yrowin out ol n.e ar Mi ll Vr.ueu teaclusd fif-J-8 inibion-. and ll.c pojiulniiim about tw.-n-y n - Biilli-.'ioi. givirijj on y twi Hoflr-.r ami -is y ,-ei.t rep t-i I n the war exi)ens- oltilit cr. In ISh'i the . peiolit nr. -. !. d lor by the ri-o. iiioii reached I he ia-t atuoiiut o! ielcjiundiel ai.d umety mil I ii in . , a ln(-h.'-omi.ir I wit h a poptilai ion ol li. 1 1 v ..ur u i i eis, idee" ihiny eii;ht d I ais and t r" C U I" r capita. fr-.m ih. 1 h .i'a) i vlarch. 17t. to 30ih ol June lilui. t lit- ui ire expetnlnuru nl t ie l.iov.i nui nr were sevcuieen buutlretl uiilliotisof dollars. Durint; lhat period er. enage I in war w ith Ureal Britain ftud il-.lico.ttud were Involved in hoatili- ' I. a wit-i p' WHHlff rndmn tnben ; I.tiisiintia J w . pu.oiias I Iron, Fr,ui.-t- at a cost ot til j 'een millioiiaof dollars; Flo: ida was ceded ! io u b hp dn :or five millions ; C'alibirnli I- j was a. quliel from Mexico lor lifter Hons; and the T, rri'ory of New Mexi n mil o was ob amed from T.-as lor trie sum ol ten mil lions. Eary in lHfil the war ot the rebel -linn corumeui etl ; and Iroin tne 1st .d Ju'y ...I thai year to ihe Suth ol Juue, ltj5, the public elpeudii ul-b n-aeii. d llie euoimous aureati; ..1" thirtv tlir.fi huttdr.d niillions ri.ree years of peace nave intervened, and during that tune i he dioburscineuls of the lioverimi. tit have suet ei-ivelv been live ... Iheao amount three hundred and fteveulv i wo nullum, estimali d as necemry lor Ihe tjscal yew ending the 8i h ot June, IHtilr, we obtain a loi&l e-xpin-liturti ol ixen hundred millions of dollars during tbe lour years Imiuediat-.-ly succeeding the war,?i -nearly as rninih as wae -eapeaded -during, the seventy two years i bat preceded there, uelllon. and embraced the extraordinary ex penditures already named. Tkieke suart'.iiu lad" Ciearly illustrate the necessity of retreuchmeiit iu all branches ol the public se.i vice. Abuses winch were lol erale 1 during the war lor the preservation of the Ballon will not be .endured by the people, fliiw that profound peace prevail. The receipts lr-mi inlerual revenuea and customs htiv, ilnrin ; the pawt three years, gradually diminished, and the continuance nwlfies.'-'wmt-- eira esgent wrpewdnuffi will Involve Us muiatipnal bankruplcy, ur eUa make inevitable au iucreaae ot taxes, already loo onerous, and in many respects obnoxious on a--ci.uut ot their inquisito rial character. Una hundred inilliont annually are ex -pendeal lor the military lorce, a largo por tlun ot which it employed in the execution of law both unngOKsoury and unconstitution al , one hundred ami fifty tl'ill'ions are re qiilred each year to pay the interest on the publ c debt , an army ol Inx-uatlierer im poverish s the iiallou ; and pubbe agents, placed by Cnurt-aa beyond, ihtt conirol of the Jx cntive, divert from their purpose" lrge sum of uion-y which they collect Irom the people in tne name of the Govern roent. asttfto(sw.egW my can aloii-.r.-medy defects and avert evils which, if stiff red to exist, cannot tan to di minish ciiB.ldance in the,publio councils, and weakeu the attachment and respect of the people towards their political institu tions. Without proper care tbe email bal ance which it is estimated will remain in the-Treasury at tbe elose ol the present fis cal j,cs,wil notjw realiztKr.aud additional mliitoos be ad'led t" a debt which I now enuoierated by billions. It itTSbowo, by the able and comprehen sive report. of the Secretary of the Treasury, that the receipts for the fiscal year ending June 80, 1H68. wro 4h.638,0ria, and thai the expenditures tor tbe same period wete $37?,s-i0,28-t. leaving in the Treasury a sur plut of .89J,J9(ti It is estimated that the receipts ditrinir the present IrJtcal year, ending June 30. IW9, will be f.1tl.8U3 80, 000, the expendito?witthi&St&ixaV sk"-w f ing a small balance of l.t.StO.Sttg Q favor of tbe Uovernment, For the fiscal year ending June SO, 1170, it is estimated that the re ceipts will amount to .11 7,0(58 ,"aod tbe ex penditure to I3u3.u0O.,UO. leaving an esll mated turplusot $24,0bO.OO0. It iMCOuiespropcj, in this c.mu.c!lprl, tj luaiu osUtrii-fiji iV.ritiittii tn nut putjlitt itwisM edncss, which Las accumulated with such alarming rapidity and assumed such coloa- sat proportions, iB HbB, when the Qoverament comV- meneea operation under tne f ederal xan ttitutioa, it was burdened with an indebted sm of seventy live million ot dollar, ores ted during the war ot the Revolution This amount had been reduced to forty five niilliiHis of dollars wben in 1913 war was dre ared against Great Britain. largely iacreafed uie national obligaucat, and in lftid tny bad attained tb sum ol one hundred and twenty-eeveo millioni, W'ise ind eiennomicat ' lWttoav'''howeivr;- enabled tba Goyernmeot to py tb tmtire amount within a period ot twenty yean, and the extinguishment of the national iJeoi n.ieo: ine lanu wim n-niicmrr.Tt .'4.. ..... ' .', large fund remained ia theTresury, which was deposited for safe-keeping with the Heverat states, on conatttoatnat tt ahoafrl ie returned when required b- the public Wll,t. . . In li19 the year alter the termination itb Mexico we tound 4abj)tviMisim' was the amount owed by brisk ot ihe rwiellioa Ia the spring of 101 our ivif war commuce, fcacn year rrrTtTT nrnrijaTrivtt m ie a cnornioua .bii- ip lo the debt etui whrnt io tbe spring ISfiS, the nation aueceestutly meigd titv '-tiU-t,' ik3 '$be,ucmt f - ftha i"rrBji!irjjlg.-U).t ilMt ffitf ,! f-HiW, TTTrToTTW tb debt on the first day of N-vem ids ; u.r ti iet ber last it stated tu have been t'3,i2T l'-Ju, 532. It is estimated by the rVcre'ary tbs the returns ,1or the past month wilTadd to our liahiliJiw ilie funlier uflin of il-veu : millions making a lotal increaau dunnji thirteen mouths of ony-i and a halt mltllttlH. " -" In my ineBic to (N nress of 4, IHOr), it fUS-ueited that I)ec in p Jic should he d.-vied widch, with nit b.-lni; oppreatite to the p-ople, would at oece ht-gln to (dT.4 t, a reduciion of the debt, and. i(irtiried in. didiarsre it lu'ly within definite number of years. Tin- Swrttary ol the Treaanry torci'.ly rec -.niinenda lcil lion of ibis chaiaet.-r. and jiiily urifes thai the longer it is deferred the ui'.re ilihVol1 must liecnme its a-coinpliliiiiiit. Wt hotild follow the wise pr.-cedenn es'a'.- lidicd in 17) and in 1HI8. and without further delay make proviniMi lor the pay Jucnl ul our VlU.4l.joBtl ij.itil . aP-TfraT .wirwrrrtTaote. I ue inn ' o The" TMjr- i'-of Thr u aliora thoul'l oe eni-ved by our nl- n rather than used to bnild up and m-iam I moneyed monopolies in our ow n andotm r lanifs. Our foreiirn d.-bt is already compuii-.l by the Hecret.iry ot tbe Tie isery at eurm huti tired and titty million- ; ein.-ns ol for. t"i countries receive interest upon a laruc p lion ol our fecuritii 9, the Aim m an 'ax payers are made to contribute laig- bo their support. The nln 1 tint. u. h . debt i to bee .nvt- pnrmanent should be a' all times discarded, s involvinir taxa'i.m tot heavy t Iw-le-rn.-, and payment ( in .-very six'een ye.ir, at Ihe pr-.-tit rat.- ol lot- reitl, ol au amount usual to the oiigiuai sum Thin vat debt, il pernt;tt"'d to becom. lerman.-nl and in reaoo, uul-t i v ritual y t.e gathered into the ha-ols ol a lew, and enable I hem lo t x-rt a danjo roiis and eon irolling power in thenll urs of I be (jov r.i ment. I he Itorrowets W'-uld bei oun- wo vanls to the lend.-re thelenoios the nnii tirs of the people. We now pride . .urs. lv. -upon having mven freedom so lour million- .1 the colored rare ; it will tiien be --ur name that tony million of peope, b. i heir own tolera'i'm ot usurpation and Jjro- ffijjar-y. have Buffeted theuoelves b i.eeonie enslaved, and m rely exchanged slave owners for new taskm . '-r- iu the sh.ipe ol bondliohlers anil taxgm h.-rers. B- sides, permanent debts per'uin to m.u aicbical governments, and, tending to nn. nopoln-, perp.-tiliti. s, and class b gialal ion, are totally irrt com liable with Ire.- in-litu-ti .ns. Introduced into our republican m-. ts m they would gradually but surely sap its foundations, eventually subvert our gov ernin-mlal fabric, and erect upon its ruins a moneyed aristocracy. It is our sacr-d duty to transmit unimpaired b. our posterity the blessings of liberty which wcr.i bi riii'-uthed to us by Ihe loundi rs of the Hopubuc, and by our example teach, those whu are to lol lri ' a' eareftilfy to avoid the dangert which threaten a free and independent people Various plans tuive been proposed lor (In payment of tbu public debt. However ih. y may have varied as to the time and in title in which It suoui l oe reiiet-meu, mere seems to be a general concurrence as to the propriety ami Justness ot a reduction Jn the liress-nt rate ot interest. 1 ba. Hecretary ol tie Treasury, in his report, Veeoinmends Sve per oentf tJoojjress in a fiJII ptissed firior to adjournment,' on the 87th. ot July aST, "agroeif npOri four and four and a half per cent ; while by many three per cent, has been beld to be an amply stilHeient return for the Invest ment. The gtueral impression us to tfic exorbi tancy of lip) fxistitig rate of interest has led to aninqiiiry j.i the public. inn-l tesjwt tng tbatPr"?W .auuu .aaa. attWMiy teaetvea tw -re wmtra, i taw -r quirci ttiatt tie rocoitetl as well in and tbe conclusion is becoming prevalent p;u- -ui pfall di-lds between cnizens as n) that the amount which it obtained was in , ,11 Government du -s, excepting imposts; real money throe or fliur hundred per cent ' and, third, gold aud silver coin, iiy tbi less than the obligation which It issued in operation ol our present system uf fiuance, return. It cannot be denied 'that we ire , howi vcr, llie up-ullic currency, whiW,,col paying an extravagant p r centagu for the ; lecied, is re..t-rveil only fur one class of Gov use of the money borrowed, which was . eminent creditors, who, holding its bonds, paper currency, greatly depreutn'ted t-elow i semi annua!)- receve their interest iu co.tt the value ot coin. linun tbe National Treasury. Tills fact Is Hiftdt1 tjipitrt fi when i. e . on- T'ln re is no reas .n which will be aeeopte i slier that tioodholilere receive fr--m the ' as sa' i-tat lory by Ihe people, why thou, Treasury, upon each dollar they own in jndio .'i-teu l ii' uij the lain! and protect us Uovernnit nt curilies, six pi r i I't.t. in ifoid fion the sea ; the peusi.iuer Upon tbe grati wiilrb it n srly or "iquite equal ' nim per t tude ol 'be nation, bearmg the scars an ' Cent, in curr. i)t'y , that the bond i v thin i wi.unila n-ceivtd while iu its service; the euverte1 itit-o tuspital tr the fadonil j public servants in the various deuai tmonU banks, upon w'.nc'i those lnstitinioris ii their circulation, bearing six per cent. Inter est j, an4;t.ha-l'Atbey.,a .exempt, .from taafj tion hy ihe dnvernment anil the States, and thereby enhanced two percent, in the hands of the holders. We thus have an aggregate , of seventeen per cent, which may be re ceived upon each dollar by the owoers of! Government securities. - I A system that produces such refill's is j justly regarded as tnvoring a lew at the 1 .expense ol the )ay end has led to the luriner inquiry wueincr our iioiiiiu.udiirs, In view of the large proflts.whij.-b they have enjoyed, would themselves bo averse to a settlement of our indebtedness upon a plun which would yield them a fair leiiiuuera tion and at the same time be just to the taxpayers ot the nation. Our national credit should be sacredly obeerved ; but in makiriR provision tor our creditors we should not lor get what ia due to the masses of the people. It may be assumed that the holders of our securities have received upon their bond a larger amount than their original investment, measured by a gold standard. Upon this statement nt tacts it would seem but just and equitable that the six percent, interest now paid by the Government, should be applied to the reduction ol the priueipal in acmi-anqual instalments, which -luiisi! JS yetWf and eight months would liquidate the entire national debt. , Six per cent, in gold would, at present rate, -La equal to. nine per cent, in curreney, and equivalent to the payment of the debt one and a half times, in a traction less than seventeen year. This, in cpnOection with all tbe other advantages derived from in vestment, would afford to the public credl tor a lair and liberal compensation for tbe eae of their capital, and with this they should be saiiaund The lemons ol thu uaat. ItxfaioifMH'ro.fdrrThllt h ti tt. iT a ill 16 be evejyanxioii in exacting from the bor rower rigid compliance with the letter uf the bond. the indebtedness ol the Government in the manner suggested, our nation will rapidly recover its wontec? nroaoeritv. Its interest Wq.Wrt1W.igWt U mVaee thedarge amobnt or capital in vetted in the securities of tbe Govir.iuuut. It is not sow merely unproductive, but in taxation annually consumes one aundred and titty millions of dollsrs, which would otherwise be used by our enterprising peo ple in adding to the wealth ol tbe nation. Uur commerce, whivh st one time success lull y rivalled that of fhe Kreat maritimj; i'trwm; ttw taplttty itrKiDTarieo,' aud" o'ur'in duiUtfl interest are. in a "d oreseed and , loo aeveiopnicoi oi our liiexnsustioie jj ooireaJ cliwtoli.albA,-tUaJUI the South arebecuunng waste for want of means to till them. WiUi .tba- nlettae ot capital new life would be Infused intit the pxY'3BeES.tet of tmt pwpte; Ayt '.na- wiry and vior imparted to every branch -f ini- airy. Our Wple twd encourage- merit ri'tncn-efferrt to recrnrer from tine -ef fects nl the rebellion and of injudicious leg islation ; tyfid tt shoul I be the aim ot tb, Gaxeruiaut U stimulate tlnsm by tb proa- JtM,, ofjMi .BITlX. which impede tlielr prosperity. It we can not tak tlie burdens Iroui their houlder, we dIiiiuIiI at least miniteKt a willingness to htl) to Intir them. In irin j to i lie condition of the circu j latmL' medium, 1 shall merely reiterate, t .uuutiaily, that portion of my last 1 'inrn rrr-"-itfrr whir-h reiates -rrr fhat nwt. - The pr..por ion which the l urrencv of an v t il n ry sum in near to inn wnoio raiue t the aiiiiii! pri..lu.-,c iirculatefl by its ui-Miis a (uauuu upon whiJi political .,ri.non.,,t., nave no! agreed. Xor can it be controlled by legislation, ; ' ut . wliii b .n,-,: . i,: L. , n i r. o i - o-ir to tue irree)cjio!e taws !i r reKulate c.imurerre and ircuUim m-'dium will ever v t th-.se points where it it maud. Tue law of demand unarrinjf a that which . i-v-'V . Tin- ..b!y rl i.h s ol the ocean : and indeed currency. '.k- th tid-, baa us ebba aad - . - .w tKWt.ot,tbs nrii-ia.(E;al;mc..d the tid-. has iis fbba and ad A' tee o, in.ii,,; in ili-i o ocniou in. i k ii. .i- nil u: i ' I t .0 country niiebi. - inu -h m-irc thai tw-i hen I ihtiM .1.-1 at-, -now thecir"tiU .. tif-ij -ion d i i-1-.i k n-.iti a a.nl 'h oae knon d.v - 'neirlv s.-veu uuudred ii- il'L'ed bv some lliat :.t:l I, .-l 1- d .. ine.fi used, o'h. rs liictiitn is abso .lend i to I he lies! lliteres S ol tile vh w ol ih.se divers opinions I to a-c.-Hain the real value ol -sues wh'-n compared with s uverti'.le cuneney. For this . tntpiiie bow much gold and p.ir.'lia-ed by the seven hull ol p iper uutii-y now in circu- pup mid I. - I million-. I'- 'leibly not nior-lhau hull of the latter --li-juin 'h.t it ii. ii our p ipir cuneney is eoinpai d wild go. and silver, its com in f i. u v -s 1 no 1- coinpressr I in'o llirae bun dr. d and :iliy inillioni. Tina striking fact m it 1 1., obvi. uis duly ol the govern- meet, ill pm to i ,K. Ii.... banks t Spit.l.', ' nlv as may be consistent with s of sound political economy, pi -in n ine .siin s as will enable the if i i it notes and those ol ' the nations! i rmivirl t i. -in, without loss, into .r its equivalent. A reduction of our reuli.t no medium need not necessa . .'. , Tins, however, would depend pap-l . ire iiiy loll.,.', 11,1011 I be 1 it -h mid i'ill leo aw ol demand and t)upply,th'iugb i.e borne m mind that by maaing l.i and i.ank notes convertible into coin or its . quivalent, their present Hp.-. -i.- value i th hands of their holders would be eiiiiaii.-.-d one bun Ired per cent. le'ois ,t on t..r tli.- a. ( oinpbstimetit of a result s.i . de-irable is demanded by Ihe lnyii.it public eonsi. I. -rations. Tne Consti tution contemplates that the circulating uiediuui ol the countrv shall be uniform in ij'ulitv and value. At tin tune of the lor msnun ol that ins'rumen:, the country hail just emerged t u n the war ol tin- Revolu tion, and was aatjjertn Xmm- the effeete rf redundant and wotthle-s pap-r currency. The Mtjj; s ot that .t r o I wen- anxious to protet I their pus en y bom tin; evils which 'le y tbeltts-lvea had enpi-rlenceil. Hence; in in.. v idi oi a circulaiiug medium, they cout. rred upon Uongr-sj tne power to coin j money and regulate the value tliereo', at l ihe saiiie time prohibiting the States irom inukiiii. any thing but k ild and silver a louder in payment ol debt. The anomalous cnndiiion of our currency is in striking contrast with that which Was wiiaijU ally .designed. Our circulation now Hrnbiae.es, I'uat, notes oi the national banks, j which are nude receivable tor all dues to j. the (loverriiii.-nt, including imposts, and by i all its creditors, excepting in payment ol j int. ic t up iu it bund i anil the securities i ibrmsrlve ; sw.ynd, legal tender notes, iesued by Ine United ijutes, and winch the. ol tile uovernmeni) uiu larmer wbo sup plies t,he soldiers ol tl.oartuy and tbaaailors of tb MS 'i "he artisafl who toils in the nation's workshop, or the michanics and uborers who build its tdi flees and con struct i's lorts and vesse!if-war should, iu pavmelit ol their just and hardarned dues, receive depreciated paper, while ai oilier claas of lb ir c lUntryrnen, no more da rn rviug, are paid in coin of gold and silver. Eauul and exact justice requires that all I the creditors of tbe Guverpinenl should bo ' paiil ih a currency possessing a unifornt value. This can only be aouoigpliabed by the reatorstino of the ourrenoy to the stand aid established byVthe Constitution; and by tbu menus we, would remove a disonmi nation which m.iy, if )t ha not already donj so, create a preiuaice mat may be come deep rooted and wide spread, ,nd imperil tue uauuuai creun. The feasibility of making eur currency correspond witu me constitutional stand ard may be seen by reference to a few facts dvrived Horn our commercial statistics. The aggregate product of precious metals in the Unite States, tmm 1819 to M 887 amounted to l,175,yoo,000, while, tor the same period, tire net export of specie were f.tl.tmO.lH"). l bit shows an excess of pro duct over nit exports of 433,0Q0,QfJO, There art- in tile Treasury 1103,407.885 in easury Tu-'tTJi co:n ; in irP.i laiioa e 'BTaTes oh tS?tt,t Pacific coasi f iO,000,000,and a few million in the national and othur banks ia all let than f 100,000,000. Taking into considera tion the upecie in the country prior to 1849, and that pro laced since 1887, sod we bare more than $300,000,000 not eeouuted for by e xpartatinn or by the rtturnt of tb Treamry, and therefore most probably n miining in the country, 1 bea are iiujafitlaot farts, and show dWw co in p t eiety : ilia io ferldr co frehcy will" iuper. sede the better, farcing It from circntatioa among tbe mattes, and causing It la tx ex. porti d as a mere article of trade, to add to ttip mrrnrry rxpitat of foreign Uart. Thev sltow tbe necessity of retiring eur paper money, mat meTeiurn oi goia na silver to thu avennet of trade may be Invited, and tentlon aubome of at least so muoh of the productions ot our rich and inexhaustible gold-bearing fields a may be suftteieOt foi purpose ufcireulation. 1; it unreasonable to expect a return to sound currency so long as tbe Government and bank, by continuing to issue icredeem able notes, fill the channel if circulation siih d;.'prw;iati,l . paper,,, piihtoitUniii a coinage by our mini, since IHlv, ot eight bimdnsl and seventvtour mlliiont of dnl. fofK'tira pefdi--rris--.w trwagtr tw th ciirrancV which was designed lor their hon, wi peMtor-at trse--prerH')W ffieUlal 1 J... ,1, ,l .... . 1 u i imanai) .... .i. an ua.in mm i - except when prodBcect to gratify M.3 interti est excited by their novelty. ' ) -Jf HtpmUMl-fqF & Uf Vttts&im ,,UK, Ktw,?a iHmigtireBi w ae.'.i.e muya a the prrmanetrt' (-ummry rf ttMtjWHMW. :trt ha lra tim le t.y eiUtef (jrtf dB6g and ah our coin w become a mere aftit , !t ltjl two JSars and there 'are no iiwJica-f- trulfic-fati H'4iltiij-t ih Utimtims'tHNseiit- ptou la twinKii huUii . intent in price ot ad that i iauip ii-'!e w itM comfort of the people, it wiitiid l wt8 eouoomv to aboiiali rr mists, tbai atr the nation the caie and etpene Incid-nt to sMchestaXl ieh in en i 7d ;et all ou "prii mm melaU be exported in bullion. The time baa come, boHrever, when the i (iovcrniuent and Natioiml Biuiku should ix- required to take th m'St t 'iLirnt nti p aofl maae all uefeasaij a ran-ti, OVJo' resamptioa of specie paymeiiis Tl pVte f paymrntl-mtliB. jjtt.tMriiittliljt .llan;ttr,tt!A ki ; tl(e (iuverument and ImnKs, aud the value ot i ni paper urtu aiiou wouiu uiiccuy appro a j imate a specie staotiarii. j t5pcie paymei.u haviest been rcumed by the Government and banks, ail DoUsior bills of paper issued by either of a lese deniiuy- t uatiou tuau i w.imj unoaia auoui i iij law ! be eii'tuded from circulation, no that the ! people may have the benefit and conveni jence ot a gold aud s lver currency, which, in all their busin.-aa transaclions, will be ! unitorm in value at home and abroad. "Every man ot property or industry. i every man wbo deairea to preserve what he every man wbo deairea to preserve what hc.jajpjBija .ap4-, navM vOtftt'rf:, every man who rieatre to presrrTe, wul He honestly earn, haaailirect interest in main - taming a safe circulating m'-slium such a medium as snail be real and substantial, not liable to vibrate wi ll opirii misuil not sill ject to be blown up or blown down by the breath ol speculation, but to be made stable and secure. A disordered currency is one of ibe greatest political evils. Ii uudir minee the virtues necessary for the support ol the S'-ctal sys'eni, and encourages pro penalties destructive of its happiness; it wars "gainst industry, frugality, and ecnii ouiy, au.f it tosters the evil spirit ot extrav agance. and speculation. It has been asserted by one ol our pro found and most gifted stttte-m.-n that "ut ill the contrivancis tor cheating the labor ing classes ot man k mil, none has been more effectual than that which deludes ihem with paper money. This is the moist effect ual of inventions to fertilize the ru b man's fields by she sweat of the poor man's brow. Ordinary tyranny, .oppression, . ex cessive taxal ion -these bear lightly out the happiness ot the mass ot tbe coiuutunitv compared with a fraudulent currency' and the robberies committed by depreciated I a er. Our own history cas recorded for our in- stroction enough, and mure than enough of Ihe demoralizing tendency, the injustice, eral years existed between that youthful I Congre. We siiouul, as tar us possible -and the intolerable oppression ou the vir- alid vigorous Id-public and our ow n. remove all pretext for violations of the tuous and well-dlpoed ol a degraded pa N.-goii uions are pending with a view to j organic law, by reine lying such imperii per currency authorised bylaw or in any th- survey and construction ot a ship canal tious as tun-' a l . xp-iieiice may d. vuinp . way omiBteaanead by (Ji.vernment." It is across the Isthmus of Darien, under the ever reiiiviu'-i-iiiig th .t "ti.c (; ui,iitutirm nu of the most successful devices, in times auspices of the United States I hope to which at any I ime e i,i s, uu1 il changed by of peace or war, of expansion or revolutions, be able to submit the results ol that an iX.lu it and autli.-ntic a i ol the' wham to accomplish the translur ol all the pre- negotiation to the Senate during its present people, is sacredly ol ln-atury upon all " cious metals from the great mass of the pen 'Session. Iu the performance of a duly unnoted pie into the bands of the few, where they Tbe very liberal treaty wlnoh was entered upon tne by the Constitution, 1 have' thus are hoarded in secret places or deposited into last y. ar by the United States and coimuunica'ed to ttimgres luiormatinB of under bolls and bars, while the people are Nicaragua has been ratili et by tne hitter the sra e .it the Un on, and revinmerided left to endurs all the inconvenience, sacri- Iiepublic. lor ihi-ir e.-iisiderat 'O i fucli m rasures at lice, and demoralisation resulting from tbe Costa Hica, with the earnestness of a 'oive mjhuiciI u. tne ue-'een't and evpedi. uie of depreciated and worthless paper. j sincerely tiiendly ueignbor, sou Its a rec' cut. It carried itiiM iff n ' hi mill mriiilllll'ilii I Here tbe President gives a teeume of the I prottity.sotuaaai wttieti X iMimmend to the the acrjom pin h ment ot ttv gi. and brnef. repwtadw5omm.endtidcti In., nt p.irp-ses i..r wii.n-i tie- Oot-rtitutioa Heads of Department, which ia, aubstan- Thecouvent'on ciu'iied by treaty lietween I s or.iioi.l, .an I w'i'cli it cotuprehea-! tially, the aune aa that published in the the United Stales uud Venezuela iu Juh. i stvely bint 3 ete to "I u m a more perfect iSMfi'nrf of yesterday. . 1843, for Ihe mutual adjustment ol claims, i I" ion. .s-abii.li ji-nc, insure dotuestia No important question has occurred du- has been held, and its deaiaiooa have t-em ! triiiquity. provide tor iHc common ilefeocsv. ring tbe last year in our accustomed cor received at the Department t Slate. The , promote the gen. r .1 weliare, and secure the -dial and friendly intercourse with Costa heretofore recognized Government of tbe ! b css-ngs ..f imeri y to ourselves and our Rica, Onatemala, Honjluras, Han Salvadore, Uniu-d States ot Vuner.uela baa been mb- p s erity." France, Austria, Belgium, Switzerland, verted. A Provixt-mal (iov-erniueut having , In i'l-ngMis are vested til legislative I'ortugal, Ihe Hutherlauds, Denmark, 8We- been iastltitled under Vtircum-tances woicb ' powers, anil upon iiiem devolves ihe re- ." den, and Norwr-y, iSiine, Greece, Turkey, s promise durability, it hat been toimal.y i sponaibili.y as w.-il t-r lisaming unwiae-and K-Aia, Egypt, Lilwria, Morocco, Tripoli, reoogniaed. ' I i-x.-i-H.ive laws, a- tor neg voting, to devise Tunfa, uacat, Siam,,! orneo,-and Mda- I have been reluctauliy obliged to. ask ' ""'"I" measuree a'.ao.utey demanded 8am, , , , , explanation and satislactiou fir national in '')' the Warns nf t ne conn r.v. I,.t i eaf-s'!"' Cordial relations have also been main- juries committed by the President ol Hayti "'-IW ""p--'hat in-f.. t.e expiration of. taineil wiib the Argentine anil Oriental He The political and social condition of ihe 'ur rvapective i. rms ..I S'-rvi.-e, n w rtpidi'y . publics. The expressed wish ot Congress Hepublics ol Ilayti and St Domingo 's very drawing lo a c-nr, an all wise I'lovidsoe ' that onr national good offices might iw ten j u,n,itislactory and paiutul l'.ie abolition will m guide our i-rfn-e s a t. streugttiea dered to those Hepublics, and also to lira of slavery, wnicli has been carried into .-f I I"' 'l-ral Uoio i, inspire, etl awl Paraguay, toe bemging t an end feet, flirouohoiit the Istaml of Si. Dotnitiiro i tevu!iu;r l. r n.e u.sau.iii ma, riauure pttita. ,r. t.b,e caliUMia w.a whA-ba. raging in sue vaimy oi toe ia riata, lis.- oeen assmuou.iy compiieo wim, anil Kind . ly acknowledged by all the lielligerenb.- ; That important negotiation, however, hasl thus far been without rusult. Charles A. Washburn, late I'n.tvd States ' Minister to Paraguay, having resigned, aud'' belmr desirous to return to the c;,it(,,, ' States, the Rear Admiral commandiirg the South Atlantic Squailron w. early -lincte,! ! to send a shit, of war to A.ionithe r-.mi. ! . , , . ,. moimrclii' a Powers. V, hi e the I r,d. tal l Paraguav, to gceive Mr. Washburn, , , ,, , . . .. and his family, and remove ihem irom a it nation, which was vept-eaented to be tntlan- , gered by taction and loreign war. The j Brnxilian command.-, of the allu I iva,iing . . ... lorees rewse.1 pertviisaton to tue Wasp to pass through Uie bleckading, forces, and that vessel returned to its .aucustotned an ctwrage, i Remonstrance having Wft mide agiintt this refusal, it was promptly overruled, ud i he "Wasp" therefore resumed her errand, received Mr.-Washburn and bis family, and conveyed them to a sate and convenient seaport In the meantime an excited coo troversy bad arisen between the President of Paraguay and the late United States Min 'AjtjfiT which it it understood grew out of ids proceedings fn giving aeylijm jn flip U'oileJ B ates legation to ailtiged encu.hs of that Keptiuuc. Th question of the right to give asylum Uione always difficult, and often productive of great embarrassment. In States well or ganized and established, foreign Powers re-, fuse either to concerto or exercise that right. except as to persons actually belonging to the diplomatic service. On the other hand, all such Powers insist opon exercising the right of asylum in States where tbe law ol nations is Sot fully acknowledged, respect ed, and obeyed. The President of Paraguay is understood to bare opposed to Mr. Washburn's pro ceedings the injurious and very improbable Charge ol personal corflptiqity in insurrec tion and treason. The correspondence, howeter. has not tet reached the United Mr. Washburn, In connection with this controversy, repxesontt that two United State ekixeof attached to tht'tega'ion wire arbitrarily aeixed at his f id.? , wbpn leaving the capital of farageay, committed to prison and there ftfbji-cted to torture for the purpose of proearing tonfessloni of their own criminality, and testimony to support Baviagveactiw tne La Plata, hat been- fn time ted te proceed withont delay tn Asun cion, them to Investigate the whole subject. Th Rear Admiral eoramsndlng the United State South Atlantic Sijuadron has been directed to attend the hew Minister, wn a proper naval lorce to sustain such tMrtiit tsMswtuii me iwiiiirg.'f aou to vmutcets toe nents ot tile I'mted .1 o. ,. . . ' . 'I - . . , ttarl .. ,, , .. - , i friendly relation have been malotaiofd be- i iweeu sue vuiwti states sua Unuil and Peragftuy. Our relations during the pil year with ! ci wiEJi-x ","horni tbepiiw JitUicrLfJ. hlttdetiid the growth -and im-1 rm-kag:, .,u bv i. , lea, ail l rutin ' L . BBWtT aTipeillwa IHinlrter to Parsirnav li,.bo.,i ii. t.,n. . .r i..V..:.' nr,,.,.ii ... . -. v .tk tiaaU at ts s , ..V . -.. bu".,o(i,.v m Mutoiiiis f uuiuill'an . Bolivia. Ecuador. Peru ami C iii hat ....... i .. . j .' ' ! Cuine eue;lal! v ttiiri.llv an, c,-r,i n vuHin rj.(.c.i.iijr lummy auij boruaai. Bliatu e.--,r.- s - 'i..-1.-s - .'. ii , and th Bcpublies ot Pcru Co'iv.a. . ; to accept tbe media-ion of t T'..if, , I fuMtsW bv xprsti. -tbeir -wt W Htrta-t- r"t 'r MTOfBtttfflglW war orrrm rm fie 1 sLuith Pai-ina Mian v rrbib fiua ., !..-'.. . . . v - . muy ota" Pn qnestiori., in t-.c yie, .'fc tune tb conflict ha prcl.ca.,y fth.v.V(. 4 tias ea eithef side. Great 8iitain and Frauce have cordially aecootted oor .proprttitirm ot rnndiatjon, arytl I do not forego the Im.ie ih'ir it may 8on be accepwu oy an tue lead to a secure establishment ot pence and friendly relation lietween th 8pnUh American republics of the Pi a recult whieii would bo ,ci Ik- and pn.n auended ah u&puuuii l,4vUU Urt hmlUjaijkUU u-p Hfjlo ueaij ti t li w-a leccntly veie, I mnr fi advantaoe tn all eommTrjial nstiona 1 hrarl with ttt plDipntinitr at tbw ctp."" : i9.uiUIUil.t tor .ta copsldeatloD - orbital v. i t'onpreus. a correspondence which shows j mat uie nooviau repiywnc nan esiaoiianeu t ue extremely liberal principle ot itaBe into its ciuieotlup'any citixin of the L"itl States, or ot a.-y other ol the American republics, upon the simple condition of ivuiunturv r.-.n-ity " 'onj .uo ouataineu m , The correapondenre herewith submitted fthat course hv the emih-ened concurrence J will be lonnd painfully replete with ioJ and co opera-ion ot the otbi-r treaty powers, ' counts ol the ruin ami wretchedness pro I namely , Uieu Ui-uain, Fi.-i..ce,- tbu Nethets duced by recent earthquake, of unparal- I lands NonU (i. ruiauy, anil Italy. ! .- ed severity, in the Iiepublic ot Peru.! S-iu bavmu r-- utly undergone rev. Kcuad.ir. and llolivi The diolomaiic Ecuador, a-ul llolivi The diplomatic I aij. wim were present tn nim rtitrnrnrs (at the time ol thn-e di-ast.-rs, lurnidied all the relief in their power to the sulf reta, j and were promptly rewarded with tiratetul and louchine acknowledgments by th.-gwil cress tt l i, ru An aiu.enl to the chsrilv of our fellow citizens lias been answered by much libe rality. In this connecti .n I submit an ap peal which has In en made by the Swiss Kepui.lic, whose Uovciunient and ins it li tmus are kindred lo our own. in behall ol its inhabitants, who are sulferinii extreme destitution produced by recent devastating inundations. Our relations with Mexico .iuriui. the year have been marked by an inereasino growth ol mutual conti l. uce. I'he M-xican tiov ernnient has not yet acted upon the thre--Ireaties celebrated lure last suininer lor establishing the riyhts ol naturali.t: 1 clti lens upon a lib. tal and ju-t basis, lor re-u-latmg consular powers, and lor the adjust ment of mutual claim'. Ad coininercial naiions, as well as all friends ef reuuhlican institutions, have or. j canton W legret the frequent local diatui - occurred, however, to atieot the harnmnv and cordial triendstiip which have h.r s.-v ' Simniilt i jlanda ot Culm aud f'oito Rico i, ,, billowed bv a profound popular i convhilioo o' the ri.-iiifulnes of republican inetituti..n, and au intense d, sire to secure; l,tln , i -P1, ,t , , . , ., , 1 , "c 1 establish re ; I'"1' '"here encoumers man, obstacles,; I""" V' W'" ' 'n'' , ul'Pl"d r7"" ! ,r"m l"n '",d" se'' cni1 I"nen,: .sa ,'i''rl. "I". hu topi an . decided unwillingness that any ps't ot th.si cinillnent or ol iis adjacent islands shall Ic! , V. ' ul " ' " " "'" ''" " j i monarchical iinwer too bit .. b he..,, dor,,. by us, on the other hand, to attach tb" I cbniumiHtits by whivh we are surrounded to oar own country, or to lend even a moral uppprt4 the efforts they arena resolutely nd se constantly making to secure repub lican institutions for themselves. It is indeed squt sMonof grave considera tion whether our recent anil present exam pie is not calculated to check the growth and expansion of free principles, and make those communities distrusted not dread, a uoveinmenr. which at wilt consigns to mill tary dtuninatioo States that are integral parts of our Federal Union, .and, while ready to resist any attempts by other na tiens to extend to this hemisphere the mon archical institutions of Europe, assumes to ostablish over a large portion of its people a rule more absolute, harsh, and tyrannical than any known to oiviliaed Powers. The acquisition of Alaska was made with the view of extending national jurisdiction and republican principles in the American nemispuere. jjeiieving that a further step could be taien; ia the same direction, I last yMr entered into a treaty with tbe King of Dtinmark, for the purchase of the islands of St. Thomajs and U. John, on the best terms then attainable, and with tbe express con sent of the people ot those islands. This treaty still remains Under consideration in the Senate. A new convention has been entered into with DcnnMrk. enlaroiiiK the (Us. fixed lor fin-ttMot4sa-tlttf-ori nn! Ircatv. Compreherrstve jiartotnt policy would seem to sanction the acquisition and incor poration into our Federal Union of the eev eral adjacent continental and insular com munities u tpoedlr as it can be done Deice- fttlly.'lawfully, and without any violation of national justice, faith, or honor, Foreign Chronic revo'tition and anarrhv there would be tquaily injurioBs. Each one of them, when firmly established a an independent republic, or when- incorporated into the United State, would be k new source of strength) and power. Conlona.n ipv ad.ninU'rstion tn ih.-ve cwii.:i.ierTTO?i? .r,r.r ..' is" r::fr.::T r"1" - ' ' u.'U Ui.UUIKIIUH l BUII- rWW n. iu,.,! i.,i ,...( Mo UUI.H1UU IWIIi. euii- 'J s.auu.airmeai tne neoesHty, nowaver, oi n prewiug such unlawful m .vemcnU clearly indicates the d.ifv which nrwin , .:. adapting our legislative action to the new j it - .l..i:- t r uioujiiiiu vi iuiac ana itiiiiiuure a.11,1 ih .. i V. , T . ... ti j decrease of Anifricnn retviib lean iIm. .,, n.' amvi ,ft nr trr rrrrrnmrur m n' .ot , tffectiVe sid to the sulil ion ot lUa' poii:i. al it ....".! I -i " ... 1 " . . -;r-,s-vt , .. . . ... . .- . ami social unioicms wiiicu aw cunt nu 111 . ft - pt ,e . tlew.n1 by the two rmnblJcs aaenta a,nd - omveSm-'il'iu'll!,y 1 " - 'J1, I K kuu ll.llUUtlljt, ll ib D l(llll.,t'ri IS.H1H 1 r' Tf-'J t I " .. -- ,i.i.t Al .j st Ikm.. aMu. U aralPH?10 L? V'wrVftV.1,! .iviit inovr dicloijj thuis;ft ajstj itwctiT ' ' fliaa.l.er tofor to the il-id of fran, Tlie ubjeot'lo C"iendd to your oon-der.ii,ou ' vrith.ll the more uarj)t'm(M-iwrn-ew 1 xti saiiafied li'St the . tiuoi hm rr W . ve srt dirtbtfa 4Hf.-di"H a W..tr,aitio0 for an annesuiion of ihe two repuhitos of " "miin notiui not on! hut win Id also give satisl tion to all ti,; ! toretjfn nutiona. We ate no. advised ot the actfin ol the Chinese Uovernment up.m. the libeial and J ipan temaiu- a TMtre 'OT cTvfT " wlir" " , " "i "a.;- .... iu.-ios aiHif-,. pern trr to mat lonr isolated ' Iwnpife. , Tt- Ku-.-utive lina liithorm main. l 'Slued tricjr-neii-rnty among the belbger. J ents, and acknow-b-ile with pleasure that , 111 "", mm ky I I J cauaiMiiiuai .UMastmi-fVi.-'-- iu mm ke I I v " d.-rfr'r ihe Pioiioiunal Mn.Tv...ni--u -.n 'im. vraiirrrrpsr he ami .1. d th I. ten ily intercourse wlileli h is so oi . the two eouidi i. , I renew tn. t, in my co ui in il mm the it ti .1 in l.ts panl.-s tills ni -a the pe.oi,' nli.iul' ' .pp h uis ed between I'.-iiiai.it unciiauged. c 'inmendatioii contained .-.turn to Congress, J, a copv of Wnicli'accoin- igellmt the juilguitut J I Ik: taken on th ing Ihe Federal I pmpri- UlsiUU. .!y oi , , ui IMU I ll.lt It sha I l 'le Nl. For an i-L- ii-.n ol President and Vice n et vote ol the people, in i lo aeojlley of eleetois, Bud eligibiu lor re election tu a Pr tit by a. I -lead .T luroligu making t ieiii i . s i ii I lei in. '! I. For a distiii-: in w ho st, dl disc! t recognition o the pe latge tue duties nl ('res. 1 lent, in I ii c evelii. Vacancy in lum olllce by ill-- d. nth. resignation, or removal ol bolh the PlcM.le and Vice President. ild I'll the cbction ol iScnatoisol Im F Hied &ial..dir.c.y by :iu; people oi the I ,-rl S aies, tuie, an I 1 4 h. For the llisteaii of by the Le'gida. lini'talio n to a oeiiod ot ; years ct the t-rniHol Fciieiai imlg-s, A I roloun llv impressed with the propriety I m-ikiug ih se iiiiuorlant uiudiiiKtiuia.iii.f!s(i- the ('.institution, I r. an. ctlully subuni tbein j lor thu . u-r y and mature consi b-ratniii of t '""' P'oucte uu .at- b iim , good willto-ti ward men." ANDREW .milNSOIf. Don nibs r , li6S, WASniNuT us ; WreeiuOoro' iaoaey MaStSet. ' UUVINO itAl'EH OF 11AKK. NoriiS, io., &t i N WIL-tON i. BHOliElt, BASKKB8 AND ' EnoiiAPiOi.IitOj.Klte, SoCTK KlM SThKE" . QaxlS- , eutto. N. C ' I tiAlk of N. (' me an ttt m JO r . '10 10 1 1 m tw-. u a i u a " s ( ape . ear Chftj'! "ire . . Wait shorn S llnu'ii-'t' n. Koxburo . . .v. ... ... "fUoTOasnlte ii-.l nu ,. . . Xjuxuigtun toldi (new) (Vimmere... PKremtnfl ravctuivnli! VVa.-huietoa Y-lIH.tTVUH,. . . hanta Bsnk nf iewhtjrn VI. Ftrmeni lijnk ufditni sb ro', (o!u) "' 1 (new.) .. Miuiifn antl Planter' Batik t .. Oomuercial liana of is utunabin (irwwlmns jtiitltaTfhs. Co., (oM) Viririma liank Not.es averaKR about. . . . tsniitb Curuluis " GuorKia " N. :. luilro.! Hie- k .'.- N. 0 k. it. IXvi.h-iiii Serin m W biiT sivl sen nt oiierai pruMit ,. Oostt ana SsK vor NonU ( i-.il leu, In, Luueii buie Duul and aU-other inarKoiable atoek. Uriiera tor llnnli notes bv ueblor anil Storks holders o BslIis sui receive prouipl attenttoa. Ueturus tr t-kprisn paikajfe ol Bsuk eute e., will be made on the day received, bv ak , on hew lork or fiitiiui re. or iu currency, a ue sired Ijie aud Fire lnarauce Polioict bunted is t4 Compauuw, at beat rate. , ,i be.. l-.itn i,i RALEIGH XATIONAL. 'S. ' 0? .XOUTII flBOLUA. BOARD OP DIRECTORS:' r w rri.i ttn,PinMi. .: W. H. WltrainT (itO W t-l'TI'OS, A. a MLixki ao:s, W-.J lln KIAjs C DEWEYTCashier. 1. C. IiLAE, Tcll.ix. , . , Deals jn Lills of Fichaiitre Sicht Pis, ftit snrl Nilves Coin and tiottiiuus.uf at uiiiar curiUea. .- ..,...,.,''. Bunk of Cape Fesr, Cbs-loft, . n ' " ('(.ruirc a,. .x ' Kitveueviae Ltxinatoa, nld.. . 1 mew i .t! - 17 IU I' l " Nona ;an4ii.a,. " Hotbom' TbomilVlt.a,.. . . . ' tV H;l(wbil'0 , . . . . " rl l . . 41 ..r-eVVi.I-.. . . . ' Wilimng'on, . ..4l .. rommereial fciuk W u n' iitmi I'arn tr a linns of iil Cara-.i a (i-it) (nt-r ). . . . . il rra-aiami' MutaP I- k ranee to prrm minis. iwmh -i.iiw)i-.i..h.i. a.i :..... a 1.1..1.A iii.i, 1 . i rrV".--- '' ! " - " A.itTyi A eon s-n-mr? '.f A rjg-n aTi Star rs par.
The Raleigh Sentinel (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 12, 1868, edition 1
2
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