The sun. [volume] (New York [N.Y.]) 1833-1916, 1859-12-28


sntil.a TO their comp, nss,iou o. II bsoano dus.
| Ise d he.oncy A. stated 10 the bill, amounted 10
$ss5s. l2s, but, after careful settlement of all these
scooukts, hss been alc,rtained tdat II au cunts 10
| " 10000. with the seau,y means q, his oomms,i,
portion Of this deficiency which occurred In the 4 rst
/ 70 quarters Of the past hscL year, ending on the
81, td Deccmter isst. Ia The mean TINA ths con
tI.o 'ois themselves, under thss, trying o,rcun.
atane ", have behaved In . manner worthy ot oil
cSmm, tdaiion. They had ono resource Ia tue mi irt
Of thsir cubN rassmeau.
Aftor l. ie smout due 70 o,oh OF them hA bsen
cariaintd Md finally settled according 10 Las, IN.
bcc.n q 'eoilc debt Of record against the Unitsi
stss, yhis, isnsb'od the n /, borrow ,nsy this
Iay interSs. In consequence of tho default ot Goa
sess and on q, cry prnc po OF jushc, ought 10 "a.
Cslvn Interest fro. the Governmtne This Interest
wouii have Issu, 'or tho pay mont II IN, princpa
bad an sppropfiatio boon m ado for this purpose
Caiculsted up n Ist Dece'nbsr, u viii not excs,i
500 6st-A sum not l. be taken Into Acc'unt when
o. sntisstcd with the or, ~ difficulties and em
ments q public and p 1yAte chatar'sr both u ths
people and the States, hich would have result d
ho,n soGveLlDg and hola tns special scsdon OF
For these reasons re,,p uhend tho p''ngo Of a
biu, at a early day a. may be prscAo,hs to pro
vide Tor tho payment OF tho Nnouut, with tn'orost.
duo 10 these lsst mcnH oued Nac'or', 81 well =,
aka tho nectssaty appropriate US iof tue ,ervcb Of
n.e ro,t ohigo Department for th1 ourssnt hsoaI
1nt iaiu-a 10 ps,S tho Post on y bIli necessarily
gives birth p SERIOUS reflections. Cnnsrcss by ro.
iuslng u pa'St eenoTI sppruprls On oils reccs-
Us actin, hut might evan destroy - exlstsncs
Tho amy TIE navy, the jiilciiry, Ia IIrr', every
. r,tto,nt q tho G.va,nn,cu', ca, no ;'S.sor p,f.
forn their funyii nsn CougrssI totsso he monay
nsoCssay Tor tlc'r support. II thls fAllm should
Teach tho county tho necessity Of elcctiag ful
Corgr 80 In sufdSnt hn 10 sasbe the Pr ddsnt 10
c,nveno them in any emergency, oven Immediately ,
atrt tho old Copgr ~ has expired IL WILL hAvs been
productive Of grr,t good.
or Domestic, which oil nations must oSpect b. en-
TsTGiuns may Be sak;i In Sgoi ths .ss,@Slins q
stances, tue Presidsnt should AID himself in the
condition In which he was pa',d At the Gloss OF the
last Congress- with ncsr'y half tho states Of tho
might bo disastrous I, therefore, rec rmm, ad 10
Congress TO csuy into otf,ct tho provisions o, thu
Consttution on this subject, aud II pass l.S
each year OF odd humbr for The election Of rcpnsea
tstives Throughout AL ths States. They have sros5y
appointed day Tor the sooasn o. electors for
been spproved by the c,uutry.
lwoud again cxpress most decided oplnion In fA-
vorof th. construction Of PAcidc taad, the rcs.
sons stated In my two laa annual messages wnon
! infect upon whs. would be tho dofon celess con-
ditiou Of States and Territories wost Of the Rocky
Mountains In oass OF war with naval power suth
cicnty strong to Interrupt al Intercourse with them
by the routes across tho isthmus l am still moro
cou,idced tbAi " tse vast Importance Of this
| iailioad. have bov'r doubted tho constitutional
oompetr cy OF Congress to provide for It's tonsti
ton, but this oxciudvey under the warn king
power. Besides, the institution oxprossy requires,
an Imperative duty, tina. "the uaitsd State. shall
protect cash Of them CHE Statos) against invason.
AN at aoss 10 conceive how this protocton ecu be
stordsd ~ California aud Oregon against such na-
, val power by any othor means.
| IiIpoat tho opinion contained In MY last aunu al
message, that Il would DO incxpsdsnt for the q ".
ent to undertake this great work by agents ot
Its own appoiptmsnt and un Ter ts direct ant exnu
NNal l,,aN IN
tho E.soutAvs " dAnssiou. oxtent, aud won't fo'
tor aHSa'em Of lrbslns aud eorrupt,on which NJ
visilsnoe on tho part Of the FodsIa ono Ala oou !
| pr.vcnt The co. stniciion o. this roAi, ooshe
o'ofore, to bo ntrusted b. 10 stcd o.nps
or other sgenoss, who would oxsrniss that sotiya
and CLIENT nupsryison over which eau bs insp rod
hOpe by sense OF corporate Aad In ivdusl tutsr.
est. venture TO assat that the additioaa! coat OF
transporting troops, munitions OF war snt necessary
supplies for iho army across the vast intsrv ,an
p,ans To our sstssons ON tho Psolh coast would
be gp Net Ia such than tho whole Am juut re.
quired b. construct the road. Aud yet this rosor
would, a'tsr oil, bs for tasir deeacs and
| protection.
We have yet scarcely recovered fro n tho hsbIts o
cxtAvas snt expenditure, produc I'd by our oyori
| msnoonons Of my administration. Tao nnsucik q
| Iovorses whoh wo hAyo siIco experienced ought .
teach US oil ~ crutini4e our expsndisures vita ta'
groatost vIgilsncs, Andep reduce tnem ~ the loves
| possibls point. Tns Executive Departments Of TIN
Government have devoted tbsmsolvss to tue accom-
| plshmen, OF this object With oonsldarAb.s success
l
mates. IL these N yts thu aoIuanY u Coagre,s
for tho purpose Of reducing them stl 10 ser, thi
be prsctiosbe, oonsstsnt vita tho greas public Ia
10 AID Of ihe policy OF retreuchsaent pledge my
self to examine o'osoly tho btls spproprA,ing land
or money, 80 that u any Of theso should insd,or
tcntly psss both houses, q, nu,t sJmstimes DO tn.
case, may afford them Au opportunity for reconsid
srstton. Al tns sAuis tne We ought noyor ~ forSo
that true public eoonony oonasta, MOI 10 w..hGo,d
Ing tho means necessary " s,oomp i,h importsn
nat,cuai Obccs oonhdei 10 us by tbs ConstltutDn
but In taking arc that tue money spproDriated 10
these purposes shall be faithfully aaa hugaliy OF
1t will sppeN from tho report Of the 8 sorotsry o
the Tr,asiiy that it Is .xtre hsy doubtful, To sa
ths lsa., whether shsll DO AOls TO pa,s thf oug
the pressut Ard the next h.cs yosr without pioyid
| ing additions revenue. This can only b. AGO 'm
piisbed by strictly oonhnioa tho appropriation
within the estinssos ot the dih1sn! dsp.rtae ass
without making an allowance for any aiditional oI
pen5iturua which Cnsross may think prop,r, !
thsr scre,ion " auth oriss, and without groyldin
| Treasury poss which hsyo bonn already Issued.
tue event of . deficiency, which consider prchab
this ought never 70 bs supplied bg arosort to sdd
W would bo . ruinous practice In the days Of PEG,
aud prosperity u 60 on Increasing the ustlonA do
TO meet the ordinary expenses OF Gysrament. IN
| policy would cripple our resources aud lmpdr ou
crodit In case tho existence OF war should ronder
necessary TO borrow money. Should suoh dsi
s,sney occur .. spp,ossud 1 would rsSo n nn,a, ,.,
Of our prsssas duaes ON imports. nest nst reps
the opinions expressed I'm my last annual mssugs
TO the bsss mode and mAnnsr OF Aoce IN pnsains 10
object, aud shall now merely observe that taoso hA
sinos undergone no change.
Tho report u tho Secretary OF the Treasury W
explain in detssi tho operstions OF fthM DepArtmsa'
Tho r.co,pss into the treasury from sl soure
during the fiscal year ending Joth june, 1869, iaolu
Ing tho loan authorized by the aot Of lash Juns, lse
| ing laws, were ~ hty-ons millions sx hundred o.
| ninety y-two thousand four huudred and seventy o
| dollars end one cent, tssi 6s2 All Oh, which %
pins.y q ght thousand thras hundred ana rixtc
dollars and ten osnts 90 800 3i6 io) rem.pins
. | the treasury st the commencement o. thst ne
esshty eishi uil lens alnsty thousand seyen huni,
= spd .ghty. seven dollars and sls'sn oeh's '>''sS
The pI'Jio expenditures duhns tho agcsl y
. | sndlug BOah yunS 1869, amounted 10 eighty thi
. millions sven hundred aud hfty ons thousand .
: hundred and eleven dollsu aud My-s.ysn e,'
y (SSs Ibibu bJD OF this sua ~ysntsea miLleos Z.
| hvndrod and Ave Thousand tso hundred and etgh
:, Ave dollars snd foity-foar osnts Nl'. - 80
were applied 70 The psylnsnt of intsrsst on tns pal
4 notes Tho eI2endituIss Tor all otAsr brassnss OF
n asy..is miii.sns tarso hundred and ~ q II
., o. ten cents % 94S ss4 l3.>
Ths balance remaining In ths treAb,ry on the
~ Jaly, 1859, Solna ths o.mmenosmsny o. me Pre-.
ny fscsi .yesI was -four mihonA three had drad and
se ee H. nine tasusaDd tze hundred snd sventy-hvs
10 as Hs and hfsy four oenaa "a 500 slo ~.
he Ths resslpts ints the trsasG y dunnsths hrst q
. TAR Of shs ptsssst hscL year, soanaisaeing July
1889, were twenty mllions SIX huaaIsd and eign
.. shon.sn eashS sunoIsd snd s,StyAye dollars
va slahty Ave osnts, (oSOsiS $50, 90 OF thiA sm
a hi 3 nAlSons slshs hundred spd twsnty- enc I
:sas .ssosns sss q sSs issn S nd i. ~. 4 ss.
y. posss--shs snouns a sx,ssA nAAinas ssSsn hus
70. and ninsxy -sevsn shoassaA hss husd,s ed Z
,sr nv. dollar. and sssIy nys sis s.,s1'it tsaa on