The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1857-12-18
PRESIDENTS MESSAGE.
Fellow-ciiissns of the Senate
and H,use of Represeniafipe

ohtu'on, u "ps now oecome tny uuey W
give 10 congress Information OF the state oi
Tue Union. ana recommend TO Their consId-
erh"on sueh measures as Judge 10 DO nee
essary ana exPeu,eht.
but hrst, and above all, our thanks are due
70 h,mghty uod Tor the numerous Dement'S
wnch lie mas bestowed upon th's people;
ana our united prayers onght 10 ascend 10
i1''n tna' he would continue 10 bless our
g,ea' nepuohc IN ttne 10 come as re mas
olesseo J.. u. 10 ,ime past since Tue ao!ourn-
,nen' " 'ho ias' congress our eonsu,uehss
my n".e enjoyeu an unusua' osg1ee Q, nenI'n.-
,nc earn nas yls'oeo nsr ,'u.s aounoant,y'
a"u ""' oo""'nH,y 'e"a'ueu me 'o' VI ihe
nusoanan,nn' our grens staples pave com
nasusa nigh prices anu, up w wiinin oheI
psa', 'sl u'ass ninf.a nna ns-
X ~ 'Ss ~, y.,y pas'""so
"a III ~, so''"' p'o.e''.y. 'e yh'e Posses-
s;.t 'h,.S ] 't.. n'.se,,"' wealth. ~ ~
H." .I'.., anu ye' no.w''ns'''unne "''
,arr ;nta,as,. III. .ou"uy' !" N' noue
JoDIorah,s "ona;,;"n p.se"s .n.'"en. ~ u
nosssd ,io,,,, ~ .,I ~ ns u',usso VI e"sui
rni,n,s | nnd II oii ,ha 0 .Uuu,.'ons w y, nsr,,
wealth was snd "mr c".n.s ,caa,,. y, nauJ.,I'
Az. n,,t,;, ,'.,,. w. .""I.I eusPenueu'
ns;sas nc a;g.ss., i.t.sS ou' p.o e".o'
,hn.s.nd. ~ % ..ea', nuus "oanuoneu' a. "nS q
" oSou ,"SVrs '.'o|n m ou' o'
IL C w """.' "e 'e,e-
.;uod e., sa.,,;. "0" 70 c"'eny ue'
has 49, oa,,' ,o., "o'o"u'
":.,; So u' "n,.' 'ne "PP'o-
@ f ~ s"n, % Syus'es' Nv Ns 'a'' "ess'on
WI ,nS "''"' ''"i "'e very "'se III
"niyuu''
tc ."c'e '.ou'ne'""1e' 'o"' n'"y oe
'equ"eu oe,o'1 ."e o'ose oi your Presen' ses-
s'on, 9u. '','S' "'''ousn ueeP,y W oc regre..eu'
woulu prove 70 DC only aslight misfortune
mneh compared WIN me suher'ns ana , uis-
utss P'eS",.ng nmong' 'he Peop'e. WIN
'n.s' 'ne ooVernneh' cannot i"ll aeep'y 10
symP".'Ae' ''ouSn ~ uiay oe WITHOUT tue
Pomcr W e",enu Ie'ei'
~ " our uu'y 10 inquire what mas produ-
ecu such unfortunate results ana whether
shelr recurrence can De preVenteos IN all
former revplsons Tue blame might nave been
l"r'y attributed 10 variety OF cooperating
causes; but not so upon the present occasion
II apparent .hat onr existing msiortunes
huye P'oceeoeu sole,y ron our eS'ravagan,
aho vicious system oi paper currency ana
oa"h ered"s' exc''ing the people 10 WIG
sPecu'a'iohs ana samo'ihg IN SHOCKS. lhese
siye intervals SO long as the amout of The
PAPER currency and bank loans and discounts
of the country shall be left TO the discretion
VI '. tou,teen hn.oreu rrespons'o'e onnNihe
.n'.''u'ons' "n.v"' 'ron '''e very Jaw o,
."eu "",u'e, "ni ..nsu,' 'ne 'h,e.es' VI
snei S'ocA"o'aeis 'a'"er '''a' 'ne Puo''c wei
''r1, ,;,
they gave to Congress the power "to coir
money and 10 regulate the value thereof
and prohibited tia States from coming mon.
ey, emitting bills OF credit, or making m,
thing but gold and silver coin tender il
payment of debts, supposed they had protec
ted the people AGAINST evils of an excessive
: and irredeemabe paper currency. They arc
not responsible for the existing anomaly thn
II Government endowed with the sove.eigl
attribute of coming money and regulatin!
the value thereof should have no power t.
prevent others from driving this coin ont o
the country and filling up the channels O
. circulation with paper which does not repre-
sent gold and silver.
1t is one of the highest and most respons
, bic duties of Government to insure to tn
people n sound circulating medium, tn
; amount of which ought to he adapted wit
$ the utmost possible wisdom and skill to tn
S wants ofinternnl trade and foreign exchange,
If this be either greatly above OF greatly bt
low the proper standard, the marketable va
ue of every mans property is Increased @
diminished in the same proportion, md in
Justice TO individuals as well as incalculabl
:. evils to the community are the conseouenc,
Unfortunately. under the construction q
the Federal Constitution, which has now Or,