Sentinel of the valley. [volume] (Woodstock, Va) 1841-1848, 1847-12-16

which Mexico had agreed to pay. long before
the commencement Of the war. bat for expenses
incurred in prosecuting the war, the President
declares that "I'he doctrine If no territory is
the doctrine of no indenniIy;' ard that "no
treaty which does not provide ample means for
discharging these demands. can receive my
lhis] sanction" -...
The policy of the President, then, as a con-
d,ion without which he will sign no treaty
with Mexico, is INDEMNITY. not in the
firm of promises, which she is totally incapa-
Bile Of performing. even if she felt disposed to do
90. but Ly the acquisition Of te,ritory-not
If Nexico sin her boundless extent" as Mp,
Cray oratuitousy insinuaied in his Lexington
speech-but "cession 10 the United States Of
the provinces of New Mexico and The Calfor-
MAS. with the privilege of the right Of way
across the ishmus Of Tehuantepec;;" with
..the Rio Grande as the boundary, from its en-
trance into the Gulf to lis intersection with
the southern boundary If New Mexico, in
north latitude about hirty-two Gegrees."-
And. in case Mexico should persist in her re-
fusal to cede to the United States such terrific
~. for It fair equiralent, in the way of indem-
ni,y. the President recommends that, 'as Mex
leo refuses all indemnity, zee should adopt
measures to indemnify ourselves, by nppropric
ting permanently portion Of her territory. -
After dspassiona,ely weighing his reasoning
upon this su j,c'. We can discover no more
raliona! and honorable mode Of clearing mp the
difficulties which environ this Mexican War
Question.
The Tariff of July, 1876, in its practical
results, so far from running the country, as was
predicted by many Of the friends Of Protection,
all the manufacturing interests Of the country
have prospered under it, and every branch Of
commerce has realised "the beneficial effects
which were anticipated from its operation."--
As a revenue system, it has worked adAorably;
for ''the public revenue derived from customs
during the year ending on the first of Decem-
Der, lS47, exceeds by more than eight millions
Of dollars the amount received in the preceding
( year under the operation Of the act oT 1872,
which was superseded and repealed by it,
Prudence and wisdom, and every considera
ton of public policy" dictate that this act
should not be repealed.
| As temporary war measure, it is recon-
mended that moderate duty shall be levied
on tea and coffee. To this no valid objection
can be raised.
The constitutional treasury which went into
operation on the first of January last, by its
beneficial results in preserving uniformity in
the operations of the financial department, and
by its salutarv influence in restraining the banks
from redundant paper issues, has most triumph
antly INDICATED itself from the odium east up
on it by the advocates Of a National Bank. Ex-
perience, no less than sound policy, has most
conclusively demonstrated. that the finances OF
tie government are more secure, and more con-
veniently applied to their legitimate purposes,
when comr lifted to The safe keeping of its own
agents, than when trammelled by being :hrown
into banks to be interviewer with their compll-
Gated and irregular machinery
In conclusion, let not the length of the mes
sage deter any from carefully pernsing it.
| TERRITORY as. REPUBLIcAN1sM.- 1t
has been one of the characteristic fea-
lures Of high toned Federalism, since
the proper organization Of parties, TO
oppose the acquisition of more terrific
ry than was included within the limits
Of the original thirteen States, upon
the ground that such acquisition would
endanger the safety ofthe Union. Du-
ring Mr.. JEFFERsoN's administration,
when it was proposed to acquire the
province of Louisiana by purchase, it
was vehemenl!y opposed by the FEEDER
al party, upon the ground that it
would bring into the Union hetero-
geneous population, whose instincts
were antl-republican. In referring TO
this objection, Mr.. JEFFERSON, in his
inaugural address of March 4, 1905,
says: 81 know that the acquisition of
Louisiana has been disapproved by
some, from candid apprehension that
the enlargement of our territory would
endanger its union. But uho casr
Ian'" the ertent to ,chich the tederatire
principle may operate efsetirety?-
me larger our association, the less
'o71I 1t be shaken by local passions"
30 it is with the Wing party of the
present day: they are terribly frighten-
Ell al the acquisition of new territory.
When Texas was acquired, we were
told that the Union would be instantly
dissolved; that its piraiical, 'scape.
gallows population could not be gov
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