The voice of freedom. [volume] (Montpelier, Vt.) 1839-1848, 1843-12-14
Dec. IA, 1S43.

during the existence of the Republic o
Columbia, and naturalization for which
since the dissolution of that Republic, ha;
devolved on its several members, will be
urged with renewed zeal.
have much pleasure in saying that
the government of Brazil has adjusted the
claim upon that Government in the case
of the schooner John S, Bryan" and
that sangune hopes are entertained that
the same spirit of justice will influence
its councils in arriving at an early decis-
ion upon the remaining claims, thereby
removing all cause of dissension between
two powers, whose interests are to some
extent interviewer with each other
" Uur Minister at Chill has succeeded in
inducing recognition by that Govern
ment, of that adjustment effected by his
predecessor of the first claims in the case
of the Macedonian" The first install
NJ ment has been received by the claimants
in the United States.
Notice of the exchange of Publications
X Of the treaty with Peru, which will take
place at Lima, has not yet reached this
country, but is shortly expected to be
received, when the claims upon that Re-
pubic will doubtless be liquidated and
paid.
In consequence Of misunderstanding
between this Government and that of
Boenos Avres, occurring several years
ago, this Government has remained I'M
represented at that court, while minister
from it has been constantly resident here.
The causes of irritation have in a great
measure passed away, and it is in contem-
platIon, in view of important interests
which have grown up in that country, at
some early period during the present sess,
ion OF Congress, with the concurrence Of
the Senate, 10 restore diplomatic relations
between the two countries.
Under the provisions of an act of Con.
gress of the last session. Minister was
despatched from the United States to Chi.
m, in August of the present year, who,
4 from the latest accounts we have from
him, was al Suez, in Egypt. on the 18th
\ Of September las, on his route to China.
In regard 10 The Indian tribes residing
within our jursdcional limits, the greatest
vigilance OF the Government has been ex-
erted 10 preserve them at peace among
themselves, and TO inspire them with feel
ings Of confidence in the justice of this
Government, and 10 cultivate friendship
with the border inhabitants. This was
happily succeeded to great extent; but it |
lis a subject OF regret that they suffer them
selves in some instances TO be imposed |
upon by ar'(uI and designing men - and |
this wihsanding all the efforts of the |
Government 10 prevent it.
The receipts into the Treasury for the
calendar year 1913, exclusive Of loans, were
| little more than eighteen millions OF dollars;
and the expenditures, exclusive of pay
ments on the public debt, will have been
about lwen'y-lhree millions of dollars. BY
the Act OF 1912, new arrangement of the
fiscal year was made, so that it should
commence on the 1st day of July in each
year. The accounts and estimates for the
current Fl seal year, will show that the loans
and Treasury Notes made and issued before
the close OF the last Congress, TO meet the
anticipated deficiency, have not been en-
,irely adequate. Although on the lst OF
October last, there was balance in the
Treasury, in consequence of the provision
thus made, of $3,9l4,082 II, vel the appro
priations already made By Congress will
absorb that balance, and leave probable
deficiency of two millions of dollars at the
close of the present fiscal year. There are
outstanding Treasury Notes to about the
amount of four millions six hundred thou
sand dollars; and should they be returned
upon the Treasury during the fiscal year,
they will require provision for their redemp-
ton. do not however regard this as prob
able, since they have obviously entered
;0to tha oft ha opI uyin
continue TO form portion of it, if The sys
tenn now adopted be continued. The loan
of 1941 amounting to S., 672 ,976 SO, falls
due on the LIST of January, 1915, and must
be provided for or postponed by new loan.
And unless the resources of revenue should
be materially increased by you, there will
be probable deficiency for the service of
the fiscal year ending June 30th, 1915, Of
upwards of about four millions OF dollars.
The delusion incident TO an enormously
excessive paper circulation, which gave
fictitious value TO everything, and slimu
lated adventure and speculation to an ex
iravagant extent, has been happily succeed
ed blythe substitution of the precious metals
and paper currency redeemable in specie,
and thus false values have disappeared, and
sounder condition of things has been
introduced. This transition. although inli-
maiely connected with the prosperity Of the
country, has nevertheless been attended
with much embarrassment TO the Govern
ment, in lis financial concerns. So long
as the foreign importers could receive pay
mcnt for their cargoes in a currency of
greatly less value than in Europe, but fully
available here in the purchase Of our agri-
cultural productions, their profits being
UNNECESSARILY augmented by the operation,
the shipments were large and the revenues
of the Government became superintendent.
But the change ia the character of the
circulation from a nominal and appar-
emily real value, in the first stages Of its
existence. to an obvousl y deprecated val