The daily Green Mountain freeman. [volume] (Montpelier, Vt.) 1861-1865, 1862-12-03

existed are believed TO be entertained by tacSe
neigtbofs, whose safety and progress are 50 IT.
tlmate!y connected with our own This state
| ment especially applies to Mexico, Costa E!ca,
Nicaragua. Honduras, Peru ana Chilli
The Commission under the Convention with
the Republic OF New Grenada closed lts session
Without having audited and passed upon all the
claims which were submitted to 1t. a propo-
Sltion Is pending 70 revive the Ccnycr tion, that
1t may he able TO do more complete justice.
The Commission between the United States
and the Republic Gf Costa Rica has, completed
It's IaboIs and sGbmitte. lis report.
COL0NIZATION.
Applications have been made to me By many
tree Americans Of African descent to favor their
emigratlon with view to such colonization as
was contemplated in recent acts Of Congress
Other parties at home and abroad, some from
interested motives, others upon patriotic coasil.
! eIAtlonS, and still others influenced by philan-
lhropc sentiments, have suggested similar
measures; while, On the other hand, several of
the oPaulon American RepQbllcs have protested
against the sending Of such colonies 20 heir res
pectlyc territories. Ulder these circumstances
! have declined to move any such colony to any
Such State without first obtaining The consent
ct the Government, with an agreement on It's
part 70 receive and protect such emgTantS IN
ali their rights as reemen. And have at the
same tlme offered to the several States situated
In the tropics, or having colonies there, to ne
Sotlate with them, subject to the advice and
consent OF the Senate, to favor the voluntary
emigration OF persons of that class to their res
pectyc territories, upon conditions which shall
be equal, just and humane.
Liberia nd Haytl are as vet the only coun-
tries to which colonsts of African descent from
here cCuld ~ with the certainty Of being re-
ceiEeu and adopted as citizens, and | regret to
say thaF such persons contemplating colonial
ton 40 nol seem as wiling TO emigrate to these
countries as to some others, nor viking to act
as think their interest demands. | believe
however, the opinlOn among them in this res
pect le improving, and that ere long there viii
be all augmented and considerable emigration to
both those countries from the United States
INTERNATIONAL TELEGRAPH.
have favored the project for connecting tie
United States with Europe BY an Atlantic tee-
graph, and q similar project TO extend the tee-
graph IRON San Francisco to connect by Pa
clhc telegraph with the wire which Is being
extended across the Russian Empire.
IhE TERRITcRIEs.
The Territories Of the United States. wltL IN
important exceptions, have remained IN liz.
iurbed by the civil war, and they are exhibiting
such evidaace Of prosperity rs .jo:tiies al ex-
pectaton that sCme OF them VIII so0n be il 4
condition to bc organized as States, ana lie con-
StitutIonaily admitted into the Feder.l | niOn
Ite immense mineral resources oi those Ter
TItorIes ought to be developed as rapidly as
possible Every step in that direction would
have tendency to improve the revenue of the
Government and diminish the burdens of the
people,
1t is worthy Of your serious consideration
whether some extraordinary measures to pro.
mote that end cannot be adopted. The means
which suggests itself as most likely to be e-
tectIye is ID scientific exploration of the mineral
regions IN those territories with Il view to the
publication OF It's results at home and in foreign
countrles-rlsulls which cannot fail to BE- aus
plc!Ous.
THE NATIONAL FINANCES.
The conduon Of the finances will claim YOUR
most uiigent Considerations The vast cXren-
ditures incident to the military and naval op-
eran0ns required for the suppre, SION Of the re-
Dei!on ave hitherto been met with prompilude
and certainty unusual in SINAI a circumstances
and the public credit has been fully maintained
The Continuance of the war, however, and the
increased disbursements made necessary by the
augmented forces now in the field demand your
the necessary revenue without injury to busl-
ness, and with the least possible burdens upon
labor. The suspension of specie payments by
the banks soon after the commencement Of your
last session made large issues OF United States
Notes unavoidable. In no other way could the
payment of the troops and the satisfaction of
other just demands be SO economically or as well
provided for. The judcious legislation of Con-
gress securing the recei' ability of these notes
tor loans ana internal duties, and making them
egal tender TOR other debts, has made them
universal currency, and satisfied partially at
least, and for the time, the long fet want Of an
uniform circulating medium, saving thereby to
the people immense sums in discounts ana ex-
changes.
A return to specie payments however, at the
earliest period compatible with due regard to
all interests, should ever be kept in view.
Fluctuations in the value Of curreucy are al
ways injurious, and to reduce these fluctuations
to the lowest possible p INT will always be
leading purpose in wise legislation. Prompt
and certain convertability lnCo coin is generally
acknow edged 10 be the best and surest system,
and il is extremely doubtful whether a circua-
tion III United States notes payable IN COLE, and
sufficiently large for the wants OF The people,
can be permanently useful and safely maintain
ed. Is there, then any other mode III winch
the necessary provision for the public wants
can be made, and the great advantages ot safe
and UNIFORM currency secured? ! know none
which promises so certain results, and at the
same time SO unob jectonable. as the organiza-
non OF banking assertions under q general act
Ot Congress, well guarded in its provisions.
TO such associations the government might iur-