The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1857-12-09
TELEGRAPHIC.
sV TELEGRAPHED EXCLUSIVELY TO THE
EVANSVILLE DAILY JOURNAL.E;
Presidents Message.

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has ben one Of extravagant expansions in
business which was followed by ruinous con-
fractions. The Federal Government cannot
do much to provide against recurrence of
existing evils. We must rely mainly on the
patriotism and wisdom OF the States which
should afford a real specie basis tor our cir
culation. lie recommends the passage of a
bankrupt law applicable to all the banking
institutions of the country.
As Great Britain and the United States
understand the Clayton Bulwer Treaty liz a
sense directly opposite, he says the wisest
course is to abrogate it by mutual consent,
and commence new overturcs for its adjust
ment recently made by the British Govern
ment in friendly spirit which the President
cordially reciprocatcs. With all other Gov
ernments, except Spain, our relations are as
peaceabe as We all desire. 1t is the Presi-
dents purpose to send out Minister with
special INSTRUCT ons OIL all questions pending
between this Government and Spain, and
with determination to have them speedily
and amicably adjusted if possible While
our Minister to China has been instructed TO
occupy the neutral position in regard to ex-
existing hostilities at Canton he will cordial
ly cooperate with the British and French
Ministers in all peaceful measures to secure
by treaty stipulations those just concessions
% commerce which the nutions of the world
have right to expect, and which China can
not be permitted to withhold.
Our difficulties with New Granada are. it
is to be hoped, in n fair train OF settlement
in manner just and honorable to both par
ties. The United States are more deeply in :
terestcd than any 9th er nation in preserving
the freedom and security of all the commu-
ncations across the lsthmns of Central
America, including Panama. lie recon :
mends the passage OF IN act authorizing the
President in case OF necessity to employ land
and naval forces to carry into effect this
guarantee Of neutrality, and also similar
legislation for the security of any other route
across the Isthmus, which we may secure by
treaty. The President condemns the lawless
expeditions fitted out against independent
republics on this continent. lie commends
the whole subject to the serious attention OF
Congress, believing it our duty and interes;
As well Us due To our national character to
adopt such measures rs will be effectual in
restraining our citizens from committing
such outrages.
The President says the Kansas constitution
al convention was not bound by the Kansas
and Nebraska act TO submit any other por-
ton OF the constitution to the people except
that which relates to the domestic institution
Of slavery. The election will be held under
legitimate authority, and if any portion of
the inhabitants refuse to vote, iar oppor
tanity to do SO having been presented to
them, this will be their own voluntary act,
and tiioy alone will be responsible for the
consequences.
The President says the rebellion in Utah is
tho first which has existed in our Territories,
and humanity requires it should be put down
in such n manner as shall be best. In order
to do this, it will be necessary to raise four
additional regiments OF troops. lie recon
mends the establishments of Territorial
Government Tor Arizona, and commends to
the friendly consideration of Congress, the
subject of the Pacific Railroad, without FULLY
committing himself to any particular route.
lie calls especial attention to the reconmen-
dation of the Secretary OF the Navy in favor
of the construction Of ten small steamers OF
light draft. The President refers to other
subjects of national Importance. Referring
to the financial crisis, the President con-
cludes thus: ..But this say after long and
much reflection If it shall prove to be impos-
sible to enjoy the facilities which well regu-
lated banks might afford, without at the same
time, suffering the calamities which the ex-
cess of the banks have hitherto inflicted on
the country, it would then be far the lesser
evil to deprive them altogether of the power
to issue paper currency, and confine them
to the functions of banks OF deposit and dis.
count"
In referring to public lands he says they
should be disposed of so as to furnish home:
for hardy, independent race ofhonest in.
dustrious citizens, DESTROYS Of cultivating tn,
soil, but to squander away the public domain
upon objects of questionable constitutional
ity is viola ton of the most important uus
committed to any people. He deprecate
speculation in the public lands. Says tn
public survey ought only keep pace with tn
Of emigration. If Congress hereafter gran
alternate sections to States or ompanics, tn
sections should be retained subject only to nc
tual settlers at moderate price. He says TIN
making of presents to the Indians is foun,
| Intellectual, and recommends the policy O
colonizing them in suitable localities, i'm
parting the rudiments ofeducation, and habit
of industry.
lie says the late financial revulsion vii
have a good effect should it cause return {
the practice of wise and iudicious econom
in public and private expenditures. He dep
rec ates Congress crowding the mcst impor
tant Hills into the last moments ofthe session
lie expresses the determination to approve Q
no bill unless time is afforded for the examin
alton required by the constitution. lie rec
commends Congress to allow the President t,
days prior to adjournment within which n
| bill shall be presented to him for approval