Columbus Whig., December 21, 1843, Image 1

About Columbus Whig. (Columbus, Miss.) 1843-18??

Image provided by: Mississippi Department of Archives and History

                
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I a J"1 " uu"" j luuay lupruijcuiiHiuTig ieu lor so Tiianv vears nftiwpph iha tn,n - ' t , , , , r: t . ; . .---- -
"' I hna bfjfin received from tho TtrffUti'.Y i,, Ca i , lwu Mi,s I emertained tharthd sarae.sbiiitiorJustTce will in-1 1 ? friosC rrti1e lands in lhA worldiradferih 'cobtrol;' " '
" ".u" "r "r"' -v-v Mr B.u cause to jament. nor fluence its cohnrH in nth vln .'i .V. '.i .i..i rii3 ' . :
' i . w i ; r . uuwi. auwwww ui tuuiuarai ve v.m nor 1m. i is sucn rnnriinnn nr ih n i. i. i 1 j r. :Vij,uuj .1 uu.uuv mw ..., uuu - - .
f . ... ; 1 - - - . lu uti utriiiurRii 1 m IV i inn v.nn . l : : f r .... .- . r . - wi . . - . . i . ;. . i .....,
portance &ut,neverihcless,i.of.!too.-!riiack; coos Ibeeaase of the individual surerini? attest utt rTn inVoy- ,: V'
rtW' o,r -:n Lu.4:.- Iv- : uuennS aendajit up-1 ,Tjng all cause of dissension JxJtweea two nnwpra' .e'rnment. to. knocl ili 'jjnvaembnls- under ;verV '
RpiBir for parental care
m V V K'. frrifti limn
oa vv" ". ,
that people.
r r ur forefathers on
!effl .i rfanijers1 attendant
, of a savage .
of colonial dependancq
.ll Bevolut.on-intho wsS
4 Adoption of the estip8 ro.
3 'nt n tne nazaras
,Lrntlv waced with one
in the strength and dura-.
IStical institutions emanating
ifSaioed by thir will, tho
ianoTerryling Providence has
As preparatory, therefore,
:te upon the high duties qfle
::fusumbly to ackhow edge.
SaHim as our guide and r-pro-"
Xre a continuance of His pa
2 over our beloved '.country.
-.. oTnrs9ion ef our
i!qa lor, .w-f.---.r--
J nnrtial and local cx
A".:" ooaenn lor J
1 thr rcuii
of the lieaHh jof dur
ind local ex.
for the "abun-
ihe earm aas -r
has been imparted 1
! .. . .liieh
'M ..:.;t of trade in all its de
5, there"-' v , - -
increased rewards, ..tteodaql
Q the mechanic - arts for the
Uof our population; and the rap. ,
ierityofthe whole country.,, I;,
fZU to exchange congratulations
r. 0f the two Houses of Con. :
&ciott- circumstances, and to
ffinccofmy ready disposition;.
ta ioihe adoption of all such mca :
c,iculatcd to increase the happu
yintsand to advance the glo.;,
u .aumment of Congress, the .
1Ied tfo: effort to render inde
Tlatioos of amirjr which, so happily
.'the United States and other coun
i,t.w concluded with Great'
Cjed greatly to increase, tlie good
fwhich a reciprocity of interest is
Lwrage, and it ia most, ardently .,
'at nothing may transpire to inter
of amity which' it is so obvious
tfbath nations to' cultivate. . . ;.. . .
of much impot tancjb etill remains to
Veen them. , Tho territorial Km-'
t'-Hinries in relation to what ia com-
is thfe Oregon Territprystilt re..
Ve. The United States -would be,
iposed to aggrandize themselves
Wany other nation; but while thej
drained by, piinciples of honor,,
j wvef n the conduct of nations aa
"jfiadifidcals; from setting up. a deT.
'-iory which docs uot belong to them,
aanffillingly consent, to a surrender
i ifter the most naid, nftd, as' far .
'biassed examination of the , sub-
!cd Kates have aj ways CDntepyeu
jits appertain to the entire region of,
job the Pacific, and embraced wilh-
i5ifeg. 40 min. of north latiludd:
incontroverted by Great Britain,
1m preceded the present Executive
I ae doubl, by an earnest desiro to ad-,
japoa terms mutually satisfactory
ij-have Caused to be submitted, to ;
j fetnmeat prepesitionsr fblysettle-
iidjustment, which, however, nave
xretofore acceptable tcV purATin
;:k has, under instfuct;dq3,vPgan
I nbieel to the consideration of. that
't and while nothing . will b done to
k rishts or honor of the tJalted
proDer ex'ncdieTit will be resorted ':
I a bring the negotiation "now in; th
resumption to a speedy f iand .happy;
i lathe mean time it i? projief to
tsiany of our citizens ate piluer atV
ied in the territory, or: are oa their,
!brthepurpose of forming permanent
irhiW others are preparing, to'follow;
'i there facts, I must repeat the rec
acontained ia previous messages, for
2sent of military posts, at such-pla-ie
of travel as Will" furnish security"
a to our hardy adventurers sg&inst
soflndiani inhabiting those extensive
-arlaws -should also follow them, so
1 tat circumstances of the ewe- may
Under the influence of our free
mment; new republics are destined
?i tt no distant day, on the lihores of
! similar ia policy and in fseucg to"
oa this side of the Itockf I.1 3 an
ting a Vider and. more extensive
principles of civil tnd. relifjiiris lib-
tI.o
1,.
7 to inform you that thb cVjcj v.hich
irom time to time, of tLc tlo ts uian of
yis by British cruisers c 11 tl o :c: t
pretence of beic 1 or. ui f:o
h Have-been placed ia a Vaif trr.ia of
ia me case of William anJ irs.nc.3,
a wul be allowed. In 1I10 oa: cs of
;53 Seamewthe British - CI 0 v cm mc
1 fraction is due. In
:-ara accruing frot-at! 3
'p will be paid to tin r
Hatter rryse'.f tha f i. . I
';" -s allowed for'all dam: r : r .
-, -.oa of the vessel;' anc i.i tl
r f . ''jesty '3 G ov;r! 1:1:
"crr:''laat'l0n ta ir 1 :j "i
are therefors ,it::
.Jj,r"' cases have
k'iw t
ed between the two countries, "By the treaty be
.'tween the United States and .Great Britain of
July, -1815, it is provided that no higher duties
shall . be levied in either country on articles im;
ported from the otherj than on thia same. articles
imported from any. other place." in. 183G, rough
ricej by;act of Parliament, was admitted from the
coast of Africa into Great Britain, on Ithe payment
of a duty ojTono penny a quarter; whilo the same
article from all other countries, including the U.
States, was subjected to, the payment of a duty of
twenty shillings a quarter. . Our Minister at Lon
don Jhas, from time to time, brought this subject
to tho consideration of the British, Government,
but, so far, without success. He is instructed to
renew his representations upon it; ; !
Some years since, a claim was preferred against
the, British Government on the -part of certain
American merchants,5 for the return of export
dutiei paid by them on shipments of woolen goods
tc the United States, after the duty on similar ar
ticles exported to other countries had been repeal
ed, and consequently4n contravention of the com
Wrciai convention between; the two nations, se
curing tons equality in such cases. .... The princi
pie on which the claim Vests has long since been
virtually; admitted, by Groat rhain) but obstacles
to settlement have from time id time been inter
posed, so that a large portion"bf the amount claim,
ed has nqi ' v Our Minister is
now engaged in the prosecution of the claim, and
I cannoCbut' persuade myself that iho Brish
Government, will no longer delay its iidjustment.'
, I am happy to be able to say that nothing has
occured to disturb in any degree the relations of
amity" which exist between the United States and
other powers of Europe, 'since the j adjournment
of Congress. . Spain" has been agitated '; with ia-1
tornal convulsions for many years, from the ef
fects of which it is to be hoped she is destined
speedily to recover; when, "undefya more -liberal,
system of commercial ... policy on "her pari, ; our
trade with her may again fill its old, and, so far
as her continental possessions are concerned, its
almost forsaken channels; thereby adding o the
mutual prosperity of tho two countries, -.
'The .Germanic Association of . Customs and
Commerce, which,,; since, its establishment in
1833, has been steadily growing in power and
importance, and consists at this time of more
than twenty German States, and embraces a pop
ulation of j27,0O0,000j of people "united for all
the purposes pf commercial intercourse with each
other and with foreign States, offers to tho latter
the most valuable exchanges on -principles, more
liberal than are offered in the fiscal system of
any other. .European t power From its origin
the importance of the (Jerman Unioii, has never
been Jost . sight, of by the United States. :; rhe
industry, ; morafity, ''and. other valuable qualities of
the .German'nation, have always been well known
and appreciated, v On this subject I invito the
attention of.Congress to' the report of the Secre.
tary of State, from which it will bp seen that,
while our cotton is admitted free of duty, and
the duty ch rice has been much reduced, (which
lias already led to a greatly increased comsurap
tion,) a strong disposition has been recently avin.
eed-by that great body to reduce, upon certain
conditions ' their present duty upon tobacco.
;This being the firstintimation of a concession on
thiss.intercsling subject ever made by any. liuro.
pejin power,J cannot but regard, it as well cal
culated to remove the only impediment which has
so far existed to the most liberal commercial in-
tercourso between us and ttiem. in mis view,
our Minister at Berlin, who has heretofore indus-
trionsly pursued the subject, has been instructed
In prifpr nnon the nerrotiaiion OIa commernai
t cf
t' -t
car:
1 1.:.?
0'
at? cfVVa
rated that th3
;Uh art'
:.-?d 1
1
tho Et;
mom riri pnsi vp.m
pe creator of the Universe has given, man the
earth for his resting place, and its fruits for his
subsistence, ia Whatever,, therefore, shainmake
the first, or any part of it, a scene of desola
tion, affects injuriously his heritage and may be
regarded ai a general calamity, 1 War., may
sometimes be necessary; but all nations, have a
common interest in bringing theni speedily to a
closd; The United States 'have' on immediate
interest fn seeing an end put to tho state of hos
Ulities existing between ; Mexico and' Texas.
They are our neighbors, of the same continent,
with whom we ar not (Only desirous of cnltiva
ting the refit ions of amity - but of the most ex.
tended commercial intercourseV and to practise
all the rites of a neighborhood hospitality. Our
own interests are deeply involved in the" matter,
since, however neutral may be our course Of pol
icy, we cannot hope to escape tho effects of a spir.
it of jealousy on the pah of both of the powers.
Nor can this Government be indifferent to tho
fact, that a warfare, such as , is Waged between
those two nations, is calculated to weaken both
powers, and finally to render them, and especial
ly the weaker of the two, the subjects of inter
ference on the part of stronger and more power
ful nations, which, intent only on advancing their
own peculiar, views, may sooner or later attempt
to bring about a compliance of terms, as the con
dition ,of their interposition alike derogatory to
the: nation granting them, arid detrimental to the
interests of the United States.' -We could not be
expected quietly to permit any such interference
to pur disadvantage. Considering that Texas is
separated from the United States by a mere go
ographical line; that her territory in the opinion
bf many, formed a portion of the territory of tlie
TJjaite(d, States; that it-is homogeneous in its pop-
ulationand pursuits with the adjoining Statcs.and
makes contributions to the commerce of the
wbrjd'in the .same articles with them ; and that
most of her inhabitants have been citizens of the
United States; speak tho same; language, and
live. under similar political institutions with our
selves this Government is bound, by every con
sideratioa of interest, as well as of sympathy j to
see that she shall'be left free to act, especially in
regard to tier domestic aiTmrs, unawed by force,
and unrestrained by the policy or views of other
countries. In full view of all .these considera
tions, the Executive ha3 not hesitated to express
to the Government of Mexico how deeply it de
precated a continuance of the war, and how anx
jously it desired to witness its termination. 1
cannot but think that it becomes the United
States, as the oldest of the American Republics,
to hold a language to M exico upon this subject
of' arr unambiffuous character. .. ft is time that
this'war bad ceased." There must ho a rlimit to
all wars; apd if the parent State; . after an eight
years struggle,, has failed to reduce to submis
sibn a pbrlion cf its subjects standing out in re
volt asrainst it. and. who have not only proctaim
ed themselves to be independent, but have been
recognised as such by other powers, she ought
not to expect that other nations, will quietly look
to their obvious iniurv, upona protraction of hos
tilities. . These United States threw off their coloni
al dependence, and established indepentent Gov
ernments; and Great Britian, after having wasted
her energies in the attempt to subdue them for a
loss period than Mexico has attempted to sudju
, -r t ' J ? . - f -1
, whose interests arc, to seme - extent, j intern oven t
,wtn each other..; , : o :,,r-j -..itvi
. v Our Minister at .yhili lias succeeded Tri' indu
cing a recognition. by 5that tJbvbr'nmeRt of-thef
adjustment effecicd hy bis 'predecessor of the first '
claim in the case of theAIacebaian.rt7The
. first instalment has' been received by abe xlaim-v
(ants in the United States; up ? j-... tta-r.wui
Notice of the exchange' of ratificqtien of the -
v treaty with Peru, which will take place at Lima,
has not yet reached this country, but is expected '
shortly to be received, when the claims upon
,that republic Will doubtless be liquidated and paid.
; In consequence of a misunderstanding between
this Government and that of Buenos r Ajres, 00
curring several year,ago, this Government has
retnamed unreptesented , at that courti while a
minister from it bias been constantly resident
herei ' 1 The causes of irritation have, in a great
measure, passed away; and it is in contemplation,
in view of important interests which have grown
up in that country, at some early period during
the present session of Congress, with the - con
currence of the Senate, to restore diplomatic re- .'
- la t ions between the two countries,,... ,
r - Under the provisions of. an act of Congress of
tho last session, a minister was xlespatched from '.
the United States to China, in August of the pre
sent year; who, from the latest accounts we nave
from him, was at Suez, in Egypt; 6n the 25tb of,
September last, on his route to China. y ! '
In regard to tho Indian tribes residing within
our jurisdictional limits, the greatest vigilance of
the Government " has been exerted to preserve
them at peace among themselves, and to inspire
them with feelings of confidence in the justice of
this Government, and to cultivate friendship with
the border inhabitants. This has happily sue.
ceeded to a great extent; but it is a subject ofrev
gret that they suffer themselves, in some. instant
ccs, to be imposed upon by artful and dpsigning
men and this, notwithstanding all the efforts of
the Government to prevent it: . -v
The receipts into the treasury for the calendar
year 1843, exclusive of loans, were little more
than eighteen millions of dollars; and tho expen
ditures, exclusive of payment on the public debt.
will -have been about twcntythrcc millions of dol
'lars.' By the act of 1942, a now arrangement of
the fiscal year was made, so that it should com.
mence on the 1st day of July in each year. The
accounts and estimates for the current fiscal year
will show that the loans and treasury rfotes made
-and issued before the close of the last Congress, to
: meet the anticipated deficiency, have not been
entirely adequate.' ; Although, on the 1st of Oc
tober last,t there was balance in the treasury, in
consequence of the proyisibn thus' made. "of : S3,-.
;9.14092 77, yet tho appropriation's already made
by Congress will absorb that balance, and-leave a
probable deficiency of two millions bf dollars at
the close of the present fiscal year. There are
outstanding treasury, notes to about the amount
of four million six hundred thousand dollars; and
should they bo returned upon the treasury during
the fiscal year, they' will require provision for
their redemption. I do not, , however, regard
this as probable, since they have obviously enter
ed into the currency of the country, and will con
tinue to form a portion of it,; it the system now.
adopted bo continued. The loan of 1841, amoun
ting to $5,672,97G 8, fa'lia duo on' tho 1st of
January, 1845 and must bo provided for, or
rntft 'iv-ras. had tho wisdom and lustice to ac- i-noetnonea dv a new loan, .ana uniess.iaere-
P . ". .. , ., 1 - I f ui -:-11.. : 1
knowiedcre their independence; inereov reconi-1 sources 01 revenue bmuuiu u uwwimny muruast-u
sin" the obligation which rested on her as one of by you, there will be a probable deficiency fur; tho
the family of nations. An ex
nnfi of the nroudest. as well as most powerful na l bf up
tibns of the earth, it could in. no way disparager 1 Tho delusion incident to an enormously ex.
ample thus set by j service of the fiscal year ending June 30th, 1845, j
nost powerful na bf upwards of four millions of dollars. : i
Mexico to imitate. While theretore, tho execu
tive would deplore; any collision with Mexico, or
trwhich whileFit ?yaf open new advantages anyldisturbanceof the friendly Relations which
-r Tut .:..i..,,t in,lo,a e iu TTnitPifStfltesJI oxist between the two countries, it cannot permit
-'r. fr nhd xnahded field for commcr- that, Governrfiont to -control ,ita: policy, whatever
" IT h. ln n&Jt inli.rfonklv no existinir it may be. towards Texas; but it will treat her--
ast. by the recognition of her. independence, the
United States'long have since -declared they would
doas entirely independent o( Mexico, The
KHrrf;rn f mibiicfdulv mav enforce from
the constituted authorities of the United States a
policy, which the course persevered in oy auexi
nt Hnvft mainlv contributed to produce; and
J W ' 1 11 it
the-Executive, in such a contingency will, with
cial bperatiohs, will affqet injuriously no existing
interest of the u nioa, , a onouia no; neguuifuuu
he cro wned with success,' itr results vvill be com-,
(municated to both Houses bf Congress, i !
I communicate herewith certain despatcnos
: received from out Minister at Mexico, nd .also
a correspondence which has Recently occurea oe
tween the Envoy from that Republic and the Sec.
.r r Stath. - It must be regarded as .not a
Uittle extraorduiary, that the Government o.fMexv
jco, in anticipation ot a puouc xnscusstoa
it has been ; pleased ;t04 infer, irexn newspaper
publications; a likely to take place in Congress,
delating to tho anncxaUon of Texas to tho Uni:
' tod States,' should have so far anticipated the re
sult of such discussion as to have announced its
determination to visit any such ' anticipated de
cision by a formal daclaVition cf was agamsthe
United States'. Jf designed to. prevent Congress
from introducing that question, as a tit sunject
- r ' Wdp.i;baratbn and final judgment, the
1VI .w w ....... , - . ... . 0. - "11 .
T?-.,4rn ha r 1 rrn..son to UOUbl liiui li W1U ein
tirelv fail of its. objeot." - Tlio representatives of
o rvnnnr nntrif.tic Tjconto- vnl sutler, no ap
prehcnsicfi of future consequences, tp ernbarrass
;t,A irr ti1r'r.rMr?n.nf thir-Tronosed d3libera-
tions: "Nor will tc. Executive Department :of
ti,o Government fr.'l, for any such cause,' to dis
i,orrr It, vr'n in.-10 1 10 cotir.tr 7: . , ';
: ru :,;a I ;s:2d fa? so loajx a time
. KA..-;n;;rt'nr'i Tcxa.has. waca-n-o battle
t- '-h. v. 1 i!e :t:ifv -have
cu.l.r :rftoinJvid-
,!;is tha tuo coun
h.r.: .have failed to
r t. 'Mexico has
r0aillaubjccthavowC
(111!
of San JacintoJ ccn
predatory ' incursio'i
been attended nr h .
ua!s. and have v c; ,
tries in a stc'.o rf c.
;'7;n:!i to u:y
i'dtc 1 out no fo:v: ! !.
sea, fcr tic s-aljf v
nave r.o'v c 1;
Lis L .s r ' "-:'r
sever;, oft' 0 f ri:
W f ,
I. . 1 -
:s.r: t
'"lrr: a. k r., by land or by
ha r f Tt x: s . ?M year
-f - r; :ri d in arcil tier mde
' ;. ; ! - ilu :in 1 1 tiiat -me she
n sovsre -in ' pjwer oy
:!civ.;izcil'tit.:3-' Mexico
I,, fi-rihn3 ot .rccon-
r 1 a g nis j h i f ihdep : nee
"t-9 tn which I have a.u
i 'C. I V tr c sciz
. 1 .. ... V .
;rts of jir.'
. t
J-
1
"CO
juvjur;
it
1 1 1
rfiie j:; c.
and of
wita
t citizens
;sL-vi:i
'rmoro to
Lus cxis
s I t
cessive paper circulation, which gave a fictitious
value to- everything, and stimulated, adventure
and speculation to an ext ravagant "extent," has:
been bjtppily.succeeded by the substitution of the
precious, metals, and paper promptly redoernablc,
in specie; and thus false values have disappeared,;
and a sounder condition o things has been in-
" traduced. - This transition', although intimately
connected with the prosperity ot the country, has
nevertheless been attendod with much embarrass
ment to the Government in its financial concerns. :
So lonff as the foreign importers i, could receive
payment for thei cargoes in a currency of groat (
ly lefi3 value than that in Europe, but fully avail
confidee,throwr itself upon , the patriotismof VnbV " here in the purchase: of our agricultural
. . . ;n ita mnrcn I rinftnrtifins. their nrofits' beinff immeasurable
a 1 1 lA-Miorm n 1 iih iTiiwr.i iiujciil im wwua - vivrunK' .. - 1 - a - . -
inepou r - . ;- augmented hy the opetation; tho shipments were
;iiiMnP4 of an unusual character navo rgceni-
AryntrixV bv tho' Mexican" Government,
If IHjLj LK BV4V J ww 1 7 ..t m
Wilf prl- irr ho small desree to afTect Jhe trade
rW nnl nns With MeXICO, nu IO UPCiaioiu
..;.;al tn thA United States, au wjwbiwi
r.-u-no,i A: RirtembeT. and
by a oocreo- ot .. :. v --r . . . -
after six months from the aay oj us Frwui5au,
fnMAfl.tm fn ftnrrv on the. Dusiness u bc.iuiji
by retail any goods within me w imv. w.
J J .Lf M& sui TV1 mister : has no
co. t Againsi uiia..uw
r.,ilrti1 tr rrmnnstrate.
laufc" -w , ... k , ,
tpi liowtntrire cameo uu . ur wuu"wf
zoos with Santa Fo, in .which rauch capitaf: was
already invested,; and h'ch. w. toe-ngf
lame; and the. revenues of, the - Government be-
' came supcrabundant.f rBut I'tho, change in the
character ot uie circniation irom , a nominal ;ano
appafenlly real Value,'in tho first stages of its ex-,
istence;to an; ooviousiy .uepieciaieu vaiue in us.
second, sothat it no longer answered the purpo
ses of exchange or barter,ond its ultimate substi-
' lotion by a sound metallic and paper circulation
combined, has been : attended by diminished ira- -
coiner thi decree our .Minister has not ponauous, au u tu.u,HUCla lauiu u rc
Aainst tnis.aecreu wui .r Th.-. intnr P,.nffH fmnr 1
Jnrranqinnr imnOrtanCQ,-
ar Stod bFa decree of virtualprohibition ,on
parr br the . Mexican -Government. What-ver
- 'j 1 il,A ifrKt rt 16.T CO IU UU j r?.1
7:t" L "T.l ?Z r5 tn ,hd citon. or Bubjects
least of it, wears
- -The installments
u u: : a ,l, W-havo Ifallen due."and ;our
?.uSUHf. IS ureiiis the establishment
i' . -j-. tZ ;-t nnrsuance of the con-
vention for the settlement of nnadjusd e g
enuc
" resort to the expedient t)f issuing treasury notes,
and finally 01 funding" them, ; m. order to supply
deficiencies. ' I cahno't.'however, withhold the re-
; mark, jhat.U ia in no, way compatible . with' the
. dignity of thei-Government that - a- public , debt
should Da created in. time .01 peace 10 meet me
.'current expenses "of-the Government, ;orhat,t
temoorarv expedients snouia pe resortea to. an
hour- longer than it is possible to avoid theni.
emcrffwicy. In seasons of trial and JifiicpJty im-
ilanto thoo! throUsh . which o are'pwsingi ihoi
c'apiUlist rhakes his inyestelent in the Government :: !"
'stoCks, whh he most assured, confidence" cj ultiJ
in a period of great financial prosperity, .such ,as ' " ;
xUted.,fora iome years after vl 83.3,' I shouldien.1 ''t"
gard it as suicidal, in a'.sasqn,of financial cmbartt -.'?
i rassment, toi alienate cither the.' lands ilhemsclvcs. : r t
; .or fthe; proceed arising ffom' thelf salts -Tha . ; .
firtahl barmmdunt ''diity ';bF .those fo.whom may 1 1
De inirusieu lac auiuuiuuiiiiuu n jiuuiicuaans, ;
to guard the public credit.- 'Iq re-estaUishing tuo
credit of thbf central Govcrnmifcnt;. the ,-rea.dicfjt ,;.
and most obvious mode is taken to restore the -
credit of the Slates. The extremities rcan' only
' be made sound by ' producing ia healthy action !.
in the Central Government ; and the. history of the
present day fully establishes the fact,'that an in- . ;
crease in the value of the stocks of this Govern-.
ment will, in a majority of instances; be intended
by an increase in the value of the stocks of the. 1 ,
States. It should, therefore, be i niatter of gen--"
eral congratulation, that amidst all the embarrass
ments arising from surrounding circumstances,;
the credit of the Government should have been so .
fully restored that it has been enabled to eflect a
loan of seveir millions of dollars to redeem that
amount of treasury notes, on terms more favora-!
ble than any that have been offered for mahy.yenis;
and the six per cent, stock which ws created in
1842, has advanced in the-hands of the holders
to nearly twenty per cent, above its par-value.
Tho confidence of the people in the integrity of
their Government has thus been signally mamfes-.
ted. These opinions relativo to the public landa
do not.in an manner.conflict with tho observance
of the most liberal policy towards those of our
folloiv-citizena who press forward into the vildci
ness, and arc the pioneers in the work of its re.
clamation. In securing to all such their rights ot
pre-emption, tho Govoroment performs but an act
of retributive justice for sufferings encountered
and hardships endured, and finds ample remuner
niion in the comforts which its policy insures, and
the happiness it impatL?. ...
Should u revision of tho tariff, with a view to
revenue, becomo necessary in the estimation of,
Congress, I doubt not you will approach tho sub
ject with a just nnd enlightened regard to the in
terests of the whole Union The principles ond
views which I have heretofore had , occasion to.
submit, remaW unchanged, v.. It can, however,
never be too often repeated, that the prominent,
interest of every important pursuit of life requirec,.
for success,' permanency and stability in legisla
tion.' These can only be attained, by adopting as
the basis of action", moderatioa in all things;
which is -as iddUpensably-nex;essary-ta ecctire
the harmonious action of the political (a$ of the.
animal system. In our political organization no
one section of the country should desire to have
its supposed interests advanced at the sacrifice of,
oil Others: but union being the great interest,
equally precious to all, should be fostered and
and sustained by mutual, concessions, and the
cultivation of that spirit of comproaiise, from
which the Constitution itself proceeded.. ,
You will be; informed," by tho rport from tho
-Treasury Department, of tho measures taken nn
der the act of the last session jautbonzing the re
issue of treasury notes in lieu of those then out
standing. . Tho system adopted in pursuance of
existing lawv seems well calculated to sava the.
country a large amount of interest, while it affords
conveniences anJ obviates dangers and expenso
in the transmission of funds to disbursing ngents,
I refer you also tp that report, for the means pro-(
posed by the Secretary, to increasro the revenue,,
and particularly lo that, portion of it which relates
to the pubjoct. of the warehousing system; which
I earnestly urged bpon. Congress ot ita last ses
sion; and aVto tho'importaiice.of which my opin
ion has undergone no change.' ; r '; r . ; .
. In view of the disordered condition of the cur
rency at the time, and tho high rates of exchange
between different parts of the country, I felt it to
be incumbent' on mo to present to, the considera
tion of your predecessors 0 proposition conflicting
in no decree with the 'Constitution; or the rights of,
the States, and having the sanction not in detail,.
', but in principle oJ som ofthe eminent men who :
had preceeded me in the executive ouice. xnat
proposition contemplated the issuing of treasury
notes' of denominations bf not less than five, nor,
mare than one hundred dollars, to be employed irf
payment ofithe, obligations of the Government in
lieu pfgold and silver, at the option of tho public,
creditor, and to an amount - not exceeding Ml5y
000,000. .jl was proposed to 'make'lhern r.eceirt,
able every wherev.and'to 'establish at. various j
points, depositories of gpld, and' silver, to be, beWj
in trust for the rederoption pf such notes, $0. o.s to,,
insure their convertibility . into specie." JNo:douLt
was entertained that such' notes would have main
tained a par value with gold and silver thus fur-
nisoing a paper wurrcwv.jr w..,
Union,thereby .meeting the ju3t txpectations of
the people and' fulfilling the duties of a parental
Government. vnetner ins qeposHorien euuuiu
crties'it possesses ho power to- levy exactions on
th neonfel or to force from thera contributionsilJ
tn thP-nublic revenue in. any' forra. It can only
recommend such 'measures as may, in its opihioni
be called for" by thi wanf3 of the public service; to.
to.
.itifiTns I
Wth the other American .oiuiwm. 1
yvau in-c ut hfld'umnter I
r.m tv and rooa win , v"r,:7. . -T .1- r, w th whnrn nione rcc;3, tno power
; Our Minister riear the Repu
Grenadahas 'snccbeded m c)lar tho "scsJ".-Thw dcty' fcvpon -several occasions",
mont ofthe.cUimupon that Govemcnt foM heretofore been f.rforrr.cd; ..Theprcssntccadi-SChooncr-Ry
Chanco," which has jfllL- of things gi vci a fettering promisa that trade
for many years. , Tha cla m for hi ln or tion m , f tn.,
Ws,M which had its origin during if atcy fof'ih3 country, the source j f rev.a - j Lave,
tho republic of Columbia,' r ' Mfto I oncicrr to fro- .V . ,.
which,' since tho dtopluwonof tba.. t : L'.'.o o catKchfts r-: ::raUe in-;
devolved , on its several mcmb2r3, ... txc,, n lli0 pfececui of the saLi ci t:.-r ...
with renewed wdirV"; . :V '1 Civ- . l.--,i tu .-"S rTectly c! ' . f- r r-v.
crcniutotBrwaiiii W ?y .r'-ji. Vr ciharL vf-au.Lv"r:td;d ... --
Jotn:S.nrvaaaJ .that, sanguis X. , - - --I.i. V-::-r
tiil-f h.V rtA b r? - .
be permitted to sell or purchase bills under very
, was Submitted to the wisdom of Congress, r'
was regarded as of secondary importance. I
t would have been attended '.with the happiest ,
tails,
land,
...... .
"tnnnl
results. . TJ'he whole matter of the currcpey would , .
have been placed, where, by the Constitution, it . ..
was obliged to be' placed under tbs? immediate . '
istori and conliol of CCn-resj.' -lr. 7 ac ,
....... .;"-.: lli-.i' l...v,:.,tUn ' 1
' ciirtArvisiOrt
tion ot the viovernmcnt wouiu im ."--,--"-.
"dent of all Corporations; and 'ih-a earns ey a vvhich
-rcf h 'ftrWain'M .nnZthe- r pecio r currep'eyV end
-guafdsij!ig&inst!idtdterUQn.; would
!i-ir ihn naner currency, to
, - "7 1,1, . .
res-t";
aio
control and'
f
re'-ilito iti issues, and protect it tg-.nct cercci
etion. TloV tame' reasphs1 which ou'J fitid
c"'-r'ks frcui.'pcUins.w'u th3 i-cr over the
ccmar:5. v
f . . .
sr.: j sern 10 vrer
- frca i.i ttiry.l to f nv':$t
o i :;'i r.Trly f
s i reci jus
hYCtAi j m t
per;' wi.cn) t-'
for r
by
1 tl f1-!
1
n. Pa-
itutea a
i cfto
.o i i'.
r' rly