Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1857-12-17


thirty dOilais and four eehs fs5tefs
$4,000 including iutsres. On the BublI
debt making an aggregate Of seyenlj -fou
million uine bundled and si3tv.thres thou,
and and fifty-eight dollas and oHy-on
cents ga, ,o6),05s,4I.) leaving an e,ti
mated balance in the treasury at lbe clos
Of The present fiscal year Of four hahd e,
and twentY.siE thousand eight hunlre,
aud seyenty.dye dollars and sixty sever
cents { te5a6,s75,67.l
The amount Of The public debt al tb,
commencement Of the present fiscal yeal
was twenty.nine millions sixty thousand
three hundred and eiahtv.sir dollars and
ninety cents (20,0S0. $50 00.l
The amount redeemed since the l,l a
July, was three million eight hundred and
n'nety'tiye thousand two hundred and
tnlfty-two dollars and thirty nine cent.
(so. .S96. 832, ,39)-leayine a balance uD.
redeemed at this time Of twenty five mil.
lion one hundred asd sixty.fyo thousand
one hundred and fifty.four dollars and ff.
iy-one cents (s25, ls5,I545L)
The amount Of estimated expenditures
Tor the remaining three quarters Of the
present fiscal year will, in all probability.
be Increased from the eau.es set forth in
the Report Of the Secretary. His supres
ton, therefore, that authority should be
gwen to supply any Temporary deficiency
oy the issue Of a limited amount Of Treas
ury Notes. is approved, and | accordingly
recommend the passage Of such a law.
As stated in the Report of the Secreta.
ry. the tariff of March 3, 1867, has been
In operation for 50 short period of time.
and under circumstances so unfayorabls toi
a just development Of its results as a reye.
nue. measure, that | should regard it as in.
expedient, at least for tie present, to uu
dertake its revision.
l transmit herewith the reports made to
me by the Secretaries of War aud of the
Navy. Of the Interior AMI of tie Postmas.
ter General. They all contain valuable
and important ntinsormation and suggestions
which | recommend to the favorable con.
'ideraton of Congress.
have already recommended the raising
of four additional regiments, and tie re-
port of the Secretary of War presents
strong reasons proving this increase of the
'rmy, under existing circumstances, to be
would call the especial attention of
Congress to the recommendation Of the
Secretary of the Navy in favor Of the con. |
tructlon Of ten small war steamers of lirbt
iraught. For some years the government
las been obliged on many occasions to
IRE such steamers from individuaIs to SUP. |
,Iy its pressing wants. At the present
line we have no armed vessels in the navy
which can penetrate the figers Of China, /
Ne have but few which can enter aH2 Of
he harbors south of Norfolk, although
many millions of foreign and domestic
commerce annually paid in and out of
hese harbors. Some of our most yalua-
'le Interests and most vulnerable points
re thus left exposed. This class Of ves-
els of light draught, great speed, and |
leavy guns would be formidable in coast
letenee. The cost of their construction
vii not be great, and they will not be
.reat, and they will require but compar.
lvely small expenditure to keep them in
commission. In time of peace they will |
rove as effective as much larger vessels, |
nd often more useful. Que of them
lould be at every station where we main-
am squadron, and three or four should
e constantly employed on our Atlantic
nd Pacific coasts.
Economy, utility and efficiency combine
lem as almost indispensable. Ten ofthese
nall vessels would be of incalculabIe ad
intage TO the naval service, and the whole /
'st of their construction would not exceed |
70 millions three hundre thousand dol. r
rs, or &230,OOO each. c
Inc report OF the Secretary of the in t
rior is worthy of grave consideration. 1t
eats Of the nun erous, important and d. n
.rslfied branches of administration in b
asted to him by law. Among these the Il
ost prominent are the public lands and et
# relations with the Indians. Our svs. p
N for the disposal of the public lands, lie
with the fathers of the repub g
, has been improved as experience point G
the way, and gradually adapted to the OF
owlh and settlement of our Western pl
ates and Territories. It has worked well an
practice. Already thirteen States and by
en- Territories have been carved out of ar
Sc lands, and still more than thousand an
lions Of acres remain uusold. What a ut
Indless prospect this presents to our du
ntry OF future prosperity and power tel
have hitherto disposed of 1858, ,852
IS of the public land. Whilst the pub tin
lands are source of revenue of great col
,Ortance, their Importance is far greater ry
homes for a hardy and inde- iec
dent race of honest and industrious cit anC
IS, who desire TO srbdue and cultivate for
soil. They ought to be administered cri.
My with view of promoting this wise fin,
benevolent policy, In appropria.ing cha
n for any other purpose, we ought to ind
even greater economy than if they had In
! converted into money and the pro- the
Is were already in the public treasury fait
'quander away the richest and noblest
'ritance which any people have ever bill!
yed, upon objects of doubtful consti, Rel
'nallty or expediencY wonld be to vic. fore
one of the most important trusts ever sigr
mited to any people. Whilst | do we'd
deny to Congress the power. when to t