Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1857-12-17
SYNOPSIS OF THE PRESIDENTS
MESSAGE.
Tslegruphed Especially for The BoonriIe
ObSerrer
WAsHINGToN, December 9Th.

Tslegruphed Especially for The Boonr,He
Observer.
WAsHINGToE, December 9Th
The President say, that owing to the
arrangement Of the institutions OF
the country, government loan may be re-
quired, before the close Of the present ses-
sion. The financial history Of the country,
for the last forty years, has been one of ex-
expansions in business, which
were followed by ruinous contracions, and
the federal government cannot do much TO
provide against recurrence Of the existing
evils. We must rely, mainly, on the pa
trotism and wisdom of the States, which
should afford a real specie basis, for our
circulation. He recommends the passage
of bankrupt laws, applicable to all the bank
ing institutions of the country. As Great
Britain and the United St lies understood
the Clayton Bulwer treaty, in sense di-
rectly opposite, he says the wisest course is
TO abrogate it by mutual consent, and com
mence, anew, overtures for its adjustment,
recently made by the British Government
in friendly spirit, which the President
cordially reciprobates. With all the Gov
ernments, except Spain, our relations are as
peaceful as we could desire. 1t is the
Presidents purpose to send out Minister,
with special instructions on all questions
pending between this Government and
Spain, and with determination to have
them speedily and amicably adjusted, if pos
sible.
While our Minister TO China has been in
structed to occupy neutral position, in re-
gard 10 existing hostilities, at Canton, he
will cordially cooperate. with the British
and French Ministers, in all peaceful
measures, by treaty stipnlations, 10 secure
those Just concessions 10 commerce, which
the nations of the world have a right 10 ex-
pect, and which China cannot be permitted
10 withhold.
Our difficulties with New Grenada, are,
it is to be hoped, in fair train Of settle
ment, in manner just and honorable TO
both parties. The United States are more
deeply interested than any other nation, in
preserving the freedom and security Of all
communications across the Isthmus OF Cen
trail America, including Panama, and he re-
commends the passage of an act, authorlz-
ing the President, in case of necessity, 10
employ land and naval forces, TO carry into
effect the guarantee of neutrality, and also
similar Legislation for the security of any
other route across the Isthmus, in which
we may acquire an interest by treaty. The
President condemns The lawless expeditions,
fitted out against independent Republics on
this continent. He recommends the whole
subject TO the serious attention of Congress,
believing it our duty and interest, as well
as due TO our national character, to adopt
such measures as will be effectual in re-
straning our citizens from committing such
outrages.
The President says the Kansas Constitu-
tional Convention was not bound, by the
Kansas Nebraska Act, to submit any other
portion of the Constitution to the people ex.
cept that which relates 10 the domestic in
sitution of slavery. The election will be
held under legitimate authority, and, if any
portion Of the inha6ilants refuse TO vote, a
fair opportunity to do so having been pre-
sented them, it will be their own voluntary
act, and they alone will be responsible for
the consequences. The President says the
rebellion, in Utah, is the first which has eX
listed in our territories, and humanity re-
quires that it should be put down, in such
a manner as shall be best. In order TO do
this, it will be necessary TO raise four addi-
tional regiments of troops. lie recon-
mends the establishment of territorial
government in Arizona, and commsnds TO
the friendly consideration OF Congress, the
subject ofthe Pacific Railroad, without f.
nally committing himself TO any particular
route. He calls especial attention to the
recommendation of the Secretary of the
Navy, in favor Of the construction Of ten
small steamers, OF light draft. In regard
to the financial crisis, the President con-
cludes thus: "But this say, after long and
patient reflection, ifexpenence shall prove
it to impossible to enjoy the facilities, which
we'll regulated banks might afford, without