Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1848-12-13
Richmond Wayne County, Indiana, December 49, ls4s.

ltagaS which would result from such an e>
Establishment. would be that of raising goll
20 its par value in that territory. 4 branci
mint Of the [ niteI States at the great com
m ercisl depot on the West coast. woulc
convert into our coin. not only the golc
derived from our own rich mines, bat also
the BULL II and specie which our CON
nlercc may bring from the whole IVES
coast. Central and South America. The
" est coast OF America. and the adjacent
interior. embrace the best mines in New
Mexico, New Grenada, Central America
Chill and Peru.
The bullion and specie drawn from
these countries and especially from those
! Of western Mexico & Peru, to an amoun
in value OF many millions Of dollars, are
now annually diverted and carried by the
ships Of Great Britain to her own ports TO
be rccoined, or used u sustain her Ma.
tional Bank and thus contribute to in
crease her ability. 10 command SO much Oi
the commerce of the world.
lfa branch mint be established at the
great commercial point upon that coast. a
vast amount Of bullion and specie would
flow thithcr II be reconed, and pass
thence to New Orleans, New York, and
other Atlantic cities.
The amount of constitutions! currency
at home would be greatly increased. while
its circulate abroad would he promoted.
1t is we'll known TO our merchants trading
TO China and the west coast Of America,
that great Inconvenience and loss are eX-
perienced from the fact that our coins are
not current a. their par value in those
countries.
The powers of Europe removed from
the west coast Of America by the Atlantic
ocean which intervenes. and by the ted-
Gus and dangerous navigation around the
southern cape of the continent of Ameri-
ca. can never successfully compete with
tie United States in the rich and extern
sive commerce which is opened to US at
SO much less cost by the acquisition OF
California.
The vast importance and commercial
advantages of California have heretofore
remained undeveloped by the government
Of the country Of which it constituted a
part. Now that this fine province is a
part of our country. all of the States OF
the MON, some more Immediately and
directly than others, are deeply interested
in the speedy development of its wealth
and resources. No section of our coun-
try is more Interested. or will be benefit
ted more than the commercial. navigating
and manufacturing interests of the East
ern States. Our planting and farming
interests in every part of the Union will
be greatly benefited by it. As our com
merce and navi CATION are enlarged and
extended. our exports of agricultural pro-
ducts and our manufactures will be in
creased. and in the new markets thus o.
pcned, they cannot fail TO command re-
munerating and profitable prices
The acquisition of California and New
! Mexico. the settlement of the Oregon
boundary, and the annexation of Texas
extending TO the Rio Grande, are results
which combined. are of greater conSc-
quencc, and will add more to the strength
and wealth of the nation. than any which
have preceded them, since the adoption OF
the Constitution.
/ But to effect these results, not only Cal
ifornia, but New Mexico, must be brought
under the control Of regular organized
governments, The existing condition OF
California, and of that par; of New Mexico
lying west of the Rio Grande. and within
the limits of Texas. impcrially demand
ion organize territorial governments over
them.
Upon the exchange, of Publications Of
the treaty of peace with Mexico. on the
3Oth Of May, the temporary governments
which had been established over New
Mexico, had ceased to exist. Impressed
with the necessity of establishing terrific
rial governments over them, | recommend
to the favorable consideration of Congress
inmy message commune atng the ratified
treaty of peace. on the 9th of July last
and invoked their action at that session
Congress adjourned without making any
provision for their government.
! The inhabitants, by the transfer Of this
! country, have become entitled to the ben.
efits of our laws and Constitution: and ye
were Left without any regularly organized
government Since that time. the very
limited power possessed by the Execu
tive has been exercised to preserve and
protect them from the inevitable conse.
quences of state Of anarchy. The on
" government which rem aimed was that
established by military authority during
the war. Regarding this. de factO gov
eminent. and that by the presumed con-
sent of the inhabitants, ii night be contn-
ued temporarily. they were advised 10 con-
! form and submit to it for the shor, interve-
ming period before Congress again assem-
bles. and could legislate on the subject.
| The views entertained by the Execu-
tive on this point. are contained in com
munic ation Of the Secretary of State. da.
ted on the 9TH October last. which was
forwarded for publication to California
and New Mexico, a copy ofwhich is here
with transmitted.
The small military force Of the regu'
lar army, which was serving within the
limits Of the acquired territories at the
close ofthe war. was retained in them and
| additional forces have been ordered the re
| for the protection of the inhabitants. and
| 10 preserve and secure the rights and in
| terests of the United States.
No revenue has been, or could be col