Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1858-12-23

in doing this, he would act upon his ewr
responsibility. - .
Under these circumstances, / earnestly
recommend TO Congress the passage Of an
act authorizing the President, under such
restrictions as they may deem proper. to
employ the land and naval forces Of the Uni-
ted States in preventing the transit from be-
ing obstructed or closed by lawless yiolcncs
and in protecting the lives and property Of
American citizens, travelling thererpun, re.
quirIng at the same time that these forces
shall be Withdrawn the moment the danger
shall pass away. Without such q pro-
vision, our citizens will be constantly ex-
posed to interruption in their progress, and
to lawless violence.
A similar necessity exists for the pass
age of such an act, for the protection of
Panama and Tehuantepec routes.
In reference to the Panama route, the
United States, by their existing treaty with
New Granada, expressly guarantee the
neutrality of the Isthmus, with the view
that the free transit from the one to the
other sea may not be interrupted or embar-
rassed in any future time while this treaty
exists" ..- 90,
In regard TO the Tehuantepec route, which
has been recently opened under the most
favorable auspices, our treaty with Mexi-
CO of Both December, 1858, secures to the
citizens of the United States, the right Of
transit over it for their persons and mer-
chandize, and stripuiaies that neither gov
ernment shall "nterpuse anv obstacle"
thereto 1t also comedies 10 the United
States the '.righ: 10 transport across the
Isthmus, in closed bags, the males of the
United States not intended for distribution
along the line Of the communication; alsor
the effects of the United States Government
and its citizens which may be intended for
transit, and not for distribution on the 18th
mus, free Of custom house or other charges
by the Mexican Government"
These treaty stripulations with New
Granada and Mexico, in addition to the con-
siderations applicable 10 the Nicaraguar
route, seem to require Legislation for the
purpose Of carrying them into effect.
The injuries which have been inflicted
upon our citizens in Costa Rica and Nicar<
aqua, during the last two or three years.
have received the prompt attention Of this
Government. Some Of these injuries were
of the most aggravated character. The trans
action of Virgin Bay in April, 1856, when
company Of unarmed Americans, who
were in no way connected with any beliger-
erent conduct or perty, were fred upon by
the troops Of Costa Rica, and numbers Of
them killed and wounded, was brought 10
the knowledge of Congress by my prede-
cessor soon after rs occurrence, and was
also presented TO the Government Of Costa
Rica, for that immediate investigation and
redress which the nature of the case deman-
ded. A similar course was pursued with
reference 10 other outrages in these coun.
tries, some of which were hardly less ag-
srevated in their character than the transac<
tiOn at Virgin Bay.
AT The time, however, when oui present
minister 10 Nicaragua was appointed, in De-
cember, 1857, no redress had been obtained
for any Of these wrongs, and no reply had
even been received 20 the demands which
had been made by this Government upon
that OF Costa Rica, more than year before.
Our minister was instructed therefore, to
lose no time expressing TO those Govern
men,s the deep regret with which the Pres
ident had witnessed This insttention to the
Just cIaimes of the United States, and in de-
manding their prompt and satisfactory ad-
iustneent. Unless this demand shall be
complied with at an early day, it will only
remain for this Government to adopt such
other measures as may be necessary. in or
der to obtain for itself that justice which it
has in vain attempted TO secure BY peaceful
means, from the Governments of Nicaragua
and Costa Rica. While it has shown, and
will continue TO show, the most sincere re-
gard for the rights and honor Of these Re-
publics, it cannot permit this regard to be-
met by an utter neglect, on their part, Of
what is due TO the Government and citi@
zens Of the United States.
BANKRUPT LAW REcoMmEKDxD.
The periodical revulsions which have ex-
listed in our past history, must continue To-
return at intervals, SO long as our present
unbounded system of bank credits shall pre-
vail. They will however, be the less So
we're IN future, because it is not TO be ex-
pected, at least for many years TO come.
that the commercial nations Of Europe, witlS
whose interests our own are so materially
ihFSiNSet "hh Va poSC tfSAI-SoiN Go " sfkkIttok
calamiiies. But this subject was treated
so much at large in my last annual message
that shall not now pursue it furthsr.--
Still respectively renew the recommenda-
tion in favor of uniform bankruH law,
applicable 10 banking institutions. This Is
all the direct power over the subject which,
believe, the Federal Government posses
ses. Such law would mitigate, though is
might not prevent the evil. The instinct Of
self representation might produces 3 whoIs-
some restraint upon their banking business
if they knew in advance that q suspension
Of specie payments would inevitably prOduos
their civil death. ii,
But the effects Of the resulsion are now
slowly but surely passing away. The en-
ergy and enterprise Of our citizens, With
! our rnbounded resources, will, within he
period Of another year, restore state II
wholesome industry and trade. CAPITAL
has again accumulated IN our large cilies<