Charles City Republican intelligencer. [volume] (Charles City, Iowa) 1861-1864, 1862-12-11

territories, upon COHuitioHS "HiSh
shall be equal, just and humane.
Liberia and Hayti arc as yet the only
countries to which colonists of Airi-
can descent from here could go with
certainty of being received and
adopted as citizens, and | regret to
say that such persons, contemplating
colonization, do not seem so wiling TO
migrate TO these countries as to some
others. nor SO willing as | think their
interest demands. believe, however,
that their opinion is improving, and
that, ere long, there will be an aug
mented and considerable migration
to both these countries from the Uni
ted States.
The new commercial treaty between
the United States and the Sultan of
Turkey has been carried into cxecu-
ton. A commercial and consular
treaty has been negotiated, subject to
the Senate's consent, with Liberia,
and a similar negotiation is now
pending with the Republic of Hayti.
A considerable improvement of the
national commerce is expected to re-
suit from these measures. Our rela-
tions with Great Britain, France,
Spain, Portugal, Russia, Prussia, Den.
mark, Sweden, and Austria, the
Netherlands, Italy, Rome, and the 9TH
err European States, remain undisturb-
ed. Very favorable relations also
continue to be maintained with Tur-
key. Morocco, China and Japan.
During the last year there has not
only been no change of our previous
relations with the Independent States
of our own continent, but more friendly
sentiments than have heretofore ex-
listed are believed to be entertained
by those neighbors whose safety and
progress are so intimately connected
with our own. This statement cspec-
tally applies to Mexico, Costa Rica,
Nicaragua, Honduras, Peru and Chilli
The commission under the convention
with the Republic of New Grenada
closed its session without having aud
tied and passed upon all claims which
were submitted to it. A proposition
is pending to revive the convention
that it may be able to do more com,
pletc justice. The commission be-
tween the United States and the Re
public Of Costa RIGA has completed
its laborSand submitted its report.
have favored the project of con-
Meeting the United States with Eu-
rope by an Atlantic telegraph, and a
similar project to extend the telegraph
from San Francisco to connect by a
Pacific telegraph wire with the wire
that is being extended across the
Russian empire.
The Territories of the United States,
with nnimportant exceptions, have re-
manned undisturbcd by the civil war;
and they are exhibiting such evidence
of prosperity as justifies an expccta-
tion that some Of them will soon be
in condition 10 be organized as States
and be constitutionally admitted into
the Federal Union.
The immense mineral resources of
some of those Territories ought to be
developed as rapidly as possible. Eve.
ry step in that direction would have a
tendency to improve the revenues OF
the Government and diminish the bur.
dcns 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 mos
likely to be effective, is a scientific
exploration of the mineral regions in
: th a., 81
publication of its results at home and
in foreign countries-results which
cannot fail to bc suspicious.
The condition of the finances will
claim your most diligcnt considcra-
ton. The vast expenditures incident
to the military and naval operations
required for the suppression of the re-
bellion have been hitherto met with a
promptitude and certainty unusual in
similar circumstances {; and the public
credit has been fully maintained. The
continuance of the war, however, and
the increased disbursements made nee
essary by the augmented forces now
in the field, demand your best rcHec.
tons as to the best modes of provi
ding the necessary revenue, without
injury to business, and with the least
possible burdens upon labor.
The suspension of specie payments
by the Banks, soon after the COM
menccment 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 so well provided
for. The judicious Legislation of Con-
gress, securing the receiveabiIity of
these notes for leans and internal du-
ties, and making them legal tender
for other debts, has made them uni
versal currency, and has satisfied par.
tally at least, and for the time, the
long felt want Of an uniform circula.
ting medium. saving thereby to the
people immense sums in discounts
and exchanges.
A return to specie payments, how.
ever, at the earliest period compati.
bic with due regard to all interests
concerned, should ever be kept in view.
AsoStuutioho III tilC NdIuc Vi currency
are always injurious, and to reduce
these fluctuations to the lowest posi-
BILE point will always be leading
purpose in wise Legislation. CONVEX
tibility, prompt and certain convert.
bility into coin, is generally acknowl-
edged to be the best and surest safe
guard against them; and it is ex-
tremely doubtful whether circula-
ton of United States notes, payable
in coin, and sufficiently large for the
wants of the people, can be permanent
ly, usefully, and safely maintained.
Is there, then, any other mode in
which the necessary provision for the
public wants can be made, and the
great advantages of safe and uni
form currency secured?
know of none which promises so
certain results, and is, at the same
time, SO unobjectionable as the organ
ization of banking associations, uader
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