The day book. [volume] (Norfolk, Va.) 1857-1867, 1857-12-09
The Presidents Message.


dents Message.
The Presidents Message.
WAsHINGToN, Dec. 81 .2O.-The
Presidents Message is Just received and
is now being read in the House. The fol-
lowing is synopsis of the docum ent:
The President says that owing to the
monetary arrangements of the country,
government loan may be required before
the close of the present session. The
financial history of the late forty years is
one of extravaganza expansion in business,
followed by ruinous contractions.
The Federal Government cannot do
much to provide against the recurrence of
evisting exils-we must rely mainly on
the patriotism and wisdom of the States
which should afford real specie basis for
our circulation. He recommends the
passage of a bankrupt law applicable to
all the banking institutions of the coun-
try.
AS Great Britain and the United States
understand the Clayton and Bulwer treaty
in a sense directly opposite, he says the
wisest course is to abrogate it by mutual
consent and commence anew. The over
lures for the adjustment of the difficulty
recently made by the British Government
were in friendly spirit, which the Presi-
dent cordially re&procated.
With all other governments, except
Spain, our relations are as peaceful as we
could desire
1t is the Presidents purpose to send
out new minister to Spain, with special
instructions on all the questions pending
between the two governments. and with
the determination to have them speedily
and amicably adjusted, if possible.
While our Minister to China has been
instructed to occupy q neutral position in
regard to existing hostilities at Canton, he
will cordially cooperate with the British
and French Ministers in all peaceful
measures to secure, by treaty stipulations,
those Just concessions to commerce which
the nations of the world have right to
expect, and which China cannot be per-
'mitted to withhold
Our difficulties with New Granda are,
it is hoped, in fair train of settlement
in manner just and honorable to both
parties.
The United States are more deeply in
terested than any other nation in the pre-
servation of the freedom and security of
all the communications across the Isthmus
Of Central America, including Panama.
He recommends the passage of an act
authorizing the President in case of ne
cessity to employ their land and naval
forces of the country to carry into effect
this guarantee of neutrality, and also re-
commends similar legislation for the Sc
curity of any other route across the 18TH
mus, in which he may acquire an inter-
esting treaty.
The President condemns the lawless
expeditions fitted out against indepen-
dent republics on the continent, and COM
mends the whole subject to the serious
attention of Congress, believing our duty
and interest, as well as our national char
acter, require that we adopt such mea-
slres as will be effectual in restraining
our citizens from committing snch out
RACES
The President says that the Kan ,as
Constitutional Convention was not bound
by the Kansas and Nebraska act to sub
NIT to any other portion of the Constitu-
ton to the election Of the people, except
that which relates to the domestic insti-
tuition of slavery. The election will be
held under legitimate authority, and if
any portion of the inhabitants refuse to
vote, a fair opportunity to do so having
been presented, it will be their own vol
untary act, and they alone will be respon-
sible for the consequences.
The President says that the rebellion
in Utah is the first which has ever exist
ed in our Territories, and humanity re-
quires that it should be put down in such
manner as that it shall be the last In
order to do this it WILL he says, be neces-
sary to raise four additional regiments of
troops.
He recommends the establishment of a
territorial government for Oregon and
commends to the friendly consideration
of Congress the subject of the Pacific Rail-
road without finally committing himself
to any particular route.
He next calls special attention to the
recommendation Of the Secretary of the
Navy in favor Of the construction of ten
small steamers of light draught.
The President also refers to many 9TH
er subjects Of national Importance, but
the foregoing embraces the leading fea-
lures Of tina message.
NRw YORK, Dec. I've learn by the
Baltic that the creditors of Andrew E.
Bvrne e. Co of TiverpOOl whose fai1nres