Monmouth weekly herald. [volume] (Freehold, N.J.) 1854-1860, 1857-12-10
The Presidents Message.
WASHINGTON, December 8, 1851.

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The President says, that owing to the mon
otory arrangement of the country, a govern
ment loan may be required before the close of
the present session. The financial history of
the last forty years having been one of extrav-
agant expansions followed by ruinous ~contrac-
tons in business. The Federal Government
cannot do much to provide against the recur-
renee of existing evils. We must rely much
on the patriotism and wisdom Of the States
which should afford a real specie basis for our
circulation.
He recommends the passage Of a Bankrupt
Law applicable to all the Banking Institutions
in the country. Are Great Britain and Uni
ted States to- understand the Clayton-Bulwer
Treaty in a sense directly opposite. He says
the wisest course is to abrogate it by national
consent and commence anew. Overtures for
adjustment of difficulties have recently been
made by the British government in a friendly
spirit, which the President kindly reciprocates.
With all other Governments except Spain, our
relations are as peaceful as we could desire
It is the Presidents purpose to send out a new
minister with special instructions on all the
questions pending between the two govern
Fments, and with a determination to have them
speedily and anicably adjusted if possible.
While our Minister to China has been in
E~structed to occupy a neutral position in re-
gard to the existing hestilities at Canton, he
will cordially COOPERATE with the British and
French ministers Vi all peaceful measures tolse-
cure by treaty stipuiations those just cpnces-
|sions to commence which the nations of the
world have a right to expect, and which Chi
ma cannot be permitted to withhold.
Our difficulties with New Granada are, it is
to be hoped, in a fair train for settlement in a
manner Just and honorable to both parties
The United States are more deeply interested
than any other nation, in preserving the free
dom and security of all the communications
across the Isthmus of Central America inelud
ing Panama.
He recommends the passage of an act au.
thorizing the President in case of necessity tc
employ the 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 in which we may nc
quire an interest by treaty.
The President condems the lawless expedi
tions fitted out against independent Republic
on this continent. He commends the whole
subject to the serious attention of Congress
believing that our duty and interest as well a
our National character require that we shall
adopt such measures as will be e~fectual in re
straining our citizens from committing sucl
outrages.
The President says the Kansas constitution
al convention was not bound by the Kansas
Nebraska act to submit any other portion o
the constitution to election except that whicl
relates to the domestic institution of slavery
The election will be held under legitimate au
thority, and if any portion of the inhabitaut
refuse to vote, a fair opportunity to do so hav
ing been presented, this will be their own vol
untary act, and they alohe will be responsible
for the consequences.
The President says the rebellion in Utah i
the first which has existed in our territories
and humanity requires that it should be pu
down in such a manner that it will be the last
Il order to do this it will be necessary to rails
four additional regiments of troops.
He calls special attention to the recommen
dation of the Secretary of the Navy, for tn
construction of ten small steamers of ligh
draft and refers to other subjects of nationa
Importance.