The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1862-12-12

OUT UFSt OUIdlDIBS liIc COHS6HI OF It's OOV>
ernment, with an agreement on it's part 10
receive and protect such emigrants in all
their rights Of freemen, and | have a. the
same time offered to the several states sit,
usted in the tropics, or having colonies
there, to negotiate with them, subject to
the advice and consent of the Senate, 10 ia.
vor the voluntary emigration of persons
of that class to their respective territories
upon conditions which shall be equal, just
and humane. Liberia and Hayti are as
yet the only countries to which colonists
Of African descent from here could 90 with
certainty of being received and adopted as
citizens, and regret 70 say that such per-
sons contemplating colonization do not
seem SO willing to emigrate to those coun-
tries as to some others, nor so willing AS |
think their interest demands | believe,
however, the opinion among them IN :hia
respect is improving, and that ere long
there will be an augmented and considera-
bic emigration to both these countries from
the United States. The new commercial
treaty between tue United States and the
Sultan of Turkey has been carried into ex
ecution A commercial and consular trea-
tv has been negotiated, subject to the Sen
ate's consent, with Liberia, and a similar
negotiation is now pending with the Re
public OF Hayti. A considerable improve
ment Of the national commerce is expected
TO result from these measures. Our rela
tons with Great Britain, France, Spain,
Portugal, Russia, Prussia, Denmark, Swe-
den, and Austria, the Netherlands, Italy,
Rome and the other European States, re
main undisturbed, Very favorable rela-
tons also continue to be maintained with
Turkey, Morocco, China, and Japan
During the last year there has not only
been 70 change of our previous relations
with the independent states of our own
continent, but more friendly sentiments
than have heretofore existed are believed
to be entertained by these neighbors whose
safety and progress are so intimately cons
nected with our own. This statement es-
pecially applies to Mexico Costa Rica,
Nicaragua, Honduras, Peru, and Chilli
The commission under the convention with
the Republic of New Granada closed its
session without having audited and passed
upon all the claims which were submitted
to it. A proposition is pending to revive
the convention, that it may be able to do
more complete Justice. The commission
between the United States and the Repub-
lie of Costa Rica has completed its labors,
and submitted its report. | have favored
the project for connecting the United
States with Europe by an Atlantic teIe-
graph, and a similar project to extend the
telegraph from San Francisco to connect
by Pacific telegraph with the wire which
is being extended across the Russian En-
pre-.
The territories OF the United States with
urimportant exception have remained
undisturbed by the civil war, aud Trey are
exhibiting such evidence of prosperity as
justfies an expectation, that some of them
will soon in condition to be organized
as states, and be constitutionally admitted
into the Federal Union. The immense
mineral resources of some Of those terrific
res ought to De developed as rapidly as
possible. Every step in that direction,
would have a tendency 10 improve the rev
euues of the government and diminish the
burdens of the people. 1t is worthy of
your serious consideration whether some
extraordinary measures 10 promote that
end cannot be adoped. The means which
suggests itself as most likely to be effect
i've is scientific exploration of the miner
al regions in these territories with r view
to the publication Of its results at home
and in foreign countries-resuIts which
cannotfail TO beauspicious. The condition
Of the finances will claim your most dill
gent consideration. The vast expendi-
lures incident to the military and naval
operations required for the suppression OF
the rebellion have hitherto been met with
a promptitude and certainty unusual in
similar circumstances. The continuance
Of Tie war, however, and the increased dis
bursements made necessary by the augmen-
ted forces now in the field, demand your
best reflections as 10 the best mode of pro
vjding the necessary revenue without IN
Jury to business and with the least possible
burdens upon labor. The suspension o
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 jus: commands be so economical
" or rs well provided for. The judicious
| legislation Of Congress securing the receiv
ability Of these notes for loans and inter
nal duties, and making them legal ten
I der - for other debts, has made them una
rersal currency, and has satisfied partially
at least, and for the time the lougfelt wan
Of All uniform circulating medium, saving
thereby to the people immense sums in dis
count aud exchanges.
A return to specie payments, however
at the earliest period compatible with due
/ regard to all interests, should ever be kep'
10 view.
/ Fluctuations in the value Of currency
are always injurious, and to reduce these
/ fluctuations 10 the lowest possible point
will always be leading purpose IN SisC
legislation.
Convertiblitv, prompt and certain con
vertibility into coin, is generally ackoowl
edged to be tLe best and sures. agains
them, and it is extremely doubtful whelh
er circulation Of United States notes