Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1858-12-06

On the I'd of June last Congress passed Joint reso-
ton authorizing the President TO adopt such measures
and use such force in his judgment may be necessary
and advisable for the purpose Of adjusting the differ
between the United States and the republic OF Para
quay in connexion with the attack the United States
steamer Water Witch, and with other measures referred
to IN bs annual message. And - the l2t!l july ol-
lowing, they made an appropriation to defIay the eX
nenses and compensation OF commissioner to that Ie-
public, should the President deem it proper 70 make such
an appointment.
In compliance with these enacments have appointed
comms soner who has proceeded Paraguay, with full
powers and instructions settle hse differences IN
amiclble and peaceful manner this be practicable His
experience and discretion Justify The hope that he may
prove successful in convincing the Paraguayan govern
ncn that it is due both 10 honor and Justice that they
should voluntarily and promptly maize aonement for
the wrongs which they have committed against The tn-
ted States and indemnify our injured citizens whom they
have forcibly despoilcd OF their property.
Should commissioner Prove unsuccessful, after
sincere and effort accomplish the object OF his
mission then alternative will remain, but the employ
mcnt Of force to obtain lust satisfaction from Para
quay In view Of this contingency, tho Secretary CT the
Navy under ny direction has fitted out and despatched
naval force to rendezvous near EuenoS Ayres which
il is believed will prove sufficient Tor the occasion II Is
earnest desire however, that it not he found
necessary resort to this last alternative.
When Congress met in December last the business of
the country had Just been crushed by OF those peri
odca revulsions which are the inevitable consequence Of
unsound and cXuavagant system! Of bank credits and
inflated currency. With all the elements o. national
wealth in abundance, oar manufactures were suspended
useful public and private enterprises arrested
and thousands OF laboers deprived 0. employment
and reduced to want Universal distress prevailed among
the commercial manufacturing and mechanical classes
This rcyulson felt the severely III the Cued
states, because similar causes had produced the ike de-
riorat!e effects throughout the commercial nations OF
Europe. al experiencing sad reveseS 1T lie same
moment Our manufacturers everywhere suffered severe
@
lies imports but because there was no demand al
any price Or their productions The people obliged
restrict themselves in their purchases, 10 articles ol
prime necessity In the general TIOStrlOn O. business the
manufacturers in different states probably suffered
than other class and much dc,titution the
Inevitable consequence among the great number OF WORK
men vino had been employed in this use!u branch OF
our industry Ihele could be supply where there Was
no demand. To present example, there could he no
demand for railroad iron. after magnificent system OF
railroads extending It's ba!ets 10 every portion ot the
Unicn had been brought dead pause. The same con
sequences have resulted tom similar causes 10 man!
ether branches Of useful manufactures. Ii Is selev
dent that where there ability &c purchase mann:l
tlred articles thc: cannot be sid and consequently
must cease 70 he produces!
No government. and especially govcrnment Of such
limited powcrs as that thc ULc,; States; could have
prevented the late revulsiou The whole Commelcial
world seemed for years have been rushing to this
t,strOphc The ruinouS consequences would have
followed in the Uuitel Sttes whether Iii. duties upon
foreign imports had remained they under the
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present unbounde system OF bank credits shall
prevail They WILL however probably DC the less severe
in future because it j. not to be expected at least for
many years to that the commcrcia nations of E1
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'"e ihP olicH'' prosperity wa 'S.'l Si''S
Tue iahd. ~ i '"''' "o"e.e'' - UtSH ''E M " I'm
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