Loudon free press. (Loudon, Tenn.) 1852-1855, 1853-12-16

sne iilpp'ier = Aeepl anu 1n'nasus y, uoes
any sfs' co'asfgselSy l'o@ Ptss'i mere cs.,l
: se'ss's -. S4etesoeiiSe u ei'o "ieu'ii' u '1ss
sPreSsig a, system:
- ~ ~ = srs
=, ues'',. 'ne s.,1'e y s''e puo'ie
~. " '..o
90 " W. ''ie'lo auuiin1steieu " 'na'
ue t,,, ttAiSss VI " 'ne soset.'iisn'.
.Sse"uo - siS lesieu '''''''ss :
~ eiie 10 :. o .'oin g.
- year es''st ''ie 'i'e.es'' =
'Ae ~, - r'.,'s' =.
On 'ssk so00 - s''e 'isse i'S ~
a :"
81 = = ia u
.e 'ssyF ,e,,. enu. q's =, 80 p'.'se
s,,.sr
ssf,s' ell ~
.sss - 4 nerod
exclusive Of payments on occo5iiIt OF re ttei
amounted to Si3. .554. .262: leaving a balance of
s32. .425. AL of receipts above exnenditures.
This fact, ofincreasing surplus in the treasury.
became the subject of anxious consideration at
very early period of INV administration. and
the pa1h ofduty in REGARD toait seemed to me OBJ
vious and clear. namely. ffst. to apDlv the snr
nlus revenue to the DISCHARGE ofthe nublic debt
81 far far as it could iudieiously be done; and
secondly. 70 devise means for the GRADUAL reduc.
ION of the revenue 10 the standard of the pub
lie exi5eucies
0ftbese objects. the first has been in the
course of accomplishment. in a manner and ,
a de gree higly satisfactory The amount Of the
public debt, of all classes, was on the 4th of
March, 1888, sxty-iline million one hundred
and ninety thousand and thrty-seven- dollars;
payments on account of which have beeu made,
since that period, to the amount of twelve mil
lions seven hundred and three thousand three
hundrad and rtvar+v.niDa do lars leavinp nm :
H"h"'eo ''uo t"e"'y -nihe "o "''' 6 W
pau, ana III the CONTINUOUS ceurse oi il4eios,
uon, inc sum ol nlty-siX hIiHous iouf Hdnureu
and eiShty-sN tAogSllll seven nt'iureu ;'t anp
elgnt ooilarS' lhese Payh'eh'S' ai'hou9h
msie at Ine market price Oh 'he feSPec'l'e c,aS-
seS oi S'ocN, na,e oeeli eneC'eu ie"uIJ' anu ~
the general auVahta8e Oh 'he treasury anu
nave at tne same tune proven VI s'9na. uIilt'v
IN the reiiei 'hey nave ihciugN'aty on,iueu "
the money "larNet, anu " uie '''i anu
coMlhierciai .nI pursuits ot 'he couHuy.
Inc Seco''u oi 'ie aoore Hie"troieo VNJe0'''
that Oh 'he -reuue'lon Vi 'i' 'aiin' - sIu'
Importance, an" tue pau suSSeeu w 'no
secretary ol the !reaSur{' "h'cti . "
the uu'leS on certain articles, anu " Suu " INC
,ree ns'' many ar'lcieS ho" ''.Neu ""u
s''Gh 'iS eh'eF i'''o CIV
iarSen' vi at all Piou"cG0 ~ ''ie cH ~ %
commented 10 your cahuiu anu c"ie'"i eo'i''ue
ratioh'
lou VIII ma IN the hePort vi 'iie N1e
OF the Treasury, also' aouhu"L' Piooi u 'no
ehtlre adequacy OF the present nsei, y ''e"i ~
meet all the requirements OF the puoilG oei'ice
and that, while properly adnhhiStereu, 1t ope
rates to the advantage OF the community III or-
binary business relations
| rPsnecttnly ask your attention 10 suhuly
ST ST o.noc;,lv nc rerar Is the large
sums of outstanding arrears due to the Gov
ernmont. and of other reforms in the admins
trative action of his department which are IN
dicated hv the Secretary: as also tn the progress
made in the construction of marine hospitals,
custom bouses. and of new Mint in California
and Assay Office in the CITY of Newly ork
heretofore nroy;ded for bv the Congress, and
also 10 the eminetly successful progress of the
Coast Survey. and of the LIGHT House Board
Amono the objects meritinp your attention
will be important recommendations from the
Secretaries Of War and Navy. | am fully sat
;sGed that the navy of the United States is not
in q condition of strength and efficiency com
meusurate with the magnitude of our CONNER.
c;al and other ;ntere ats: and commend to your
esnocial attention the suggestions on this sub
;oct made bv the Secretary of the Navy. l
1rasnectfulv snbn,;t that the army. which, under
orr svstem must alvavs he regarded with the
b;abest interest. as a nucleus around which the
voInnteer k,rc.s of the nation pather in the
baur of danger. requires augmentation, or mod
;6casion. 10 adapt il TO the present extended
limits and frontier relations of the country, and
tb,. condition of the Indian tribes in the interior
or tho continent. the necessity of which will APP
near in the communications of the Secretaries
of War and the interior.
observation-disclosures tho poo,-oe,oo Do,ort.
=. g.. ,Lo f;sc,I yoor ond;po- lime 9a5 1s33
az nvnand;,nro ,vos snvon million nine
5nod "a a;lrbt, ,borsond sovan bpndred
'a CO.. JoIlars. ond tho cross reca;nts du.
a,'u III rnnoi &C. ;,i;on r;no bnndrad
e.. e. go .Lonso,a sora,, brrdrod ond thirty.
c.. da,lors. shoty;no, that the crrrant revenne
n'.i' m 1o""i'' l''''. VIZ a.. a.
- .ut H., tho s,n, of tuo 5nilIon fortv two
fl',,, ,I,o,..nd onJ tb;rtvtwo dollars The causes
1T ,,udo. tLo ,roep,t -,os,oI svstam and
Ion's Id ;no,;toJo 70 tbis result are fnllv ex.
.,Io;nod b, tbo ro,ort of tho Postmaster Gene
ral r..- groot copsa ba;ng tho enormous rates
tbo donortn,on, hos bnan comnelled TO nav for
r,,o;l sary;oo rondorad bv rail road companies
IT, arh;l;. :; .i,o ro,ort of tba Postmaster.
General # tho ;ncon1e and expenditures bv
"e.ei"i 81 'ne r'iIo'ico 81" ;,,oros
t;nr onJ of cbarocter 10 demand the ;mmedi.
ota aot;on of ConaroSs
N',,s,oro,s "a a. f.onJs rnop the Pen.
sion Rnrpan have boon hronobt to lioht within