Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1862-12-01
TELEcRAPnIc.
PnEsInENr,s uEssAeE.

quest TO that effect 1.-THE condition Of our rela-
tons with other nations Is less gratifying than
formerly. il is certainly more satisfactory than a
nation so unhappily distracted might have reas-
onably apprehended A blockade of three thou.
sand FIVE hundred miles of sea coast could not be
established and vigorously enforced in season
OF great commercial activity like the present
without committing occasional mistakes and in
licting unintentiona injuries upon foreign ma
tous and subjects. In clear cases of this kiad ]
have. so far as possible, redressed the complaints
made by friendly powers.
There il, however. a large and augmenting
number of doubtful cases upon which the Gov
eminent Is unable to agree with the Governments
whose protection is demanded by the claimants
There are more cases in which the United States,
or their citizens, suffer wrongs from the naval or
military authorities Of foreign nations. which the
Government OF these States not at pre-
pared 10 redress. ! have proposed 10 some OF
the foreign States interested materially, a con
vention To examine and adjust such complaints
that have been made, especially to Great Britain.
France, Spain and Russia In each case II has
been favorably received, but not yet formally
adopted.
Applications have been made TO me by many
free Americans of African descent to favor their
emigration with view 70 SUCH colonization as
was contemplated in the recent acts of Congress
Other parties, at home and abroad-some from
interested and other motives-have suggested
similar measures; while on the other hand sew
era ofthe Spanish American Republics have pro-
tested against sending such colonies 10 their re-
spective territories Under these circumstances
| have declined TO move any such colony to
any State without first obtaining the consent OF
its Government, with an agreement. on It's part,
20 receive aud protect such emgrants in all their
rights as freemen; and have, at the same time,
offered 20 the several countries situated in the
tropics, or having colonies there, 10 negotiate
with them on the subject with the advice and
consent of the Senate, 10 favor the voluntary
emigration of portions of that class to their re-
spectve territories upon conditions which shall
be equal just and humane.
Liberia and Hayti are vet the only countries to
which colonies of African descent from here could
90 with certainly OF being received and adopted
AS citizens, and regret to say that such persons
contemplating colonization do not seem so willing
to emigrate TO these countries a. to some others,
nor rs willing as think their interest demands
believe. however, that the opinion is improving,
and that ere long there will be an augmented and
considerable emigration to both these countries.
Our relations with EurOpein States remain I'm
disturbed, and with States OF other countries have
improved especially Mexico. Costa Rica. &c.
The President speaks of the favored project Of
the Atlantic Telegraph, and of extending it TO
the Pacific, To connect with that being extended
across the Russian Empire He thinks the min
eral resources OF the Territories ought to he de
veloped as rapidly as possible; every step in that
direction would have a tendency to improve the
revenues. Ii is worthy of serious consideration
whether some extraordinary measures to promote
that end cannot be adopted The means which
suggests itself as most likely to be effective, is
scientific exploration The vast expenditures in
cident to the military and naval operations re
quired for the suppression of the rebellion have
hitherto been met with promptitnde and Ger
| tainty unusual in similar circumstances, and the
/ public credit has been faithfully maintained.
! The continuance OF the war. however, and the
! Increased disbursements, demand your reflection
as to the best mode of providing the necessary
revenue The suspension of specie payment by
the banks made large issues of United States
notes unavoidable In no other way could the
\ payment of the troops and the satisfaction of
\ other demands be so economically or we'll pro
| yded. Its extremely doubtful whether the circu
laton. of United States notes, payable in coin
and sufficiently large for the wants of the people.
can be permanently, usefully and safely main
tanned. =
! A moderate reservation from the interest on
the bonds would compensate the United States
4 for the preparation and distribution OF the notes
and a general supervision of the system, and
would tighten part OF the public debt employed
as security for the public credit. moreover would
| be greatly improved. and the negotiation of new
loans greatly facilitated by the steady market de
mand tor good bonds which che adoption OF the
proposed system would create. is an additional
Recommendation OF the measure of considerable
weight, in my Judgment, that would reconcile
as far possible, all existing interests, by the
opportunity offered to existing institutions to re-
organize under the act substituting only the Sc
cured uniform national circulation for the local
and various circulation now issued.
Is there any other mode in which the necessary
provision for the public wants can be made and
the great advantages of a safe and uniform
rency secured? know of none which promises
so certain results, and at the same time 80 unob
lect0nable. ms the organization OF banking assO
Citations under general act OF Congress, well
guarded in its provisions. To such associations
the Government might furnish circulating notes
on the security of the United States bonds de
posted in the Treasury Notes prepared under
the supervision of proper officers, being uniform
in appearance and security, and convertible al
ways into coin, at once protects labor against the
evils Of "A vicious currency, and facilitates com
merce by cheap and safe exchanges.
The President then gives a summary from the
Secretary of the lreasury's report. He refers to
the reports ofthe Secretaries of the Navy and War.
and says. though lengthy, they are only brief ab
stracts. He saws there is decided Improvement
in the financial condition of the Postoffice De
partment compared with the preceding wears.
The Secretary of the Interior reports that public
lands have ceased TO be source OF revenue.
Speaking Of Indian affairs and the recent troubles
he says: | submit for your special consideration
whether our Indian system shall not be re
modelled
He suggests the earliest completion o the Pa
cife Railroad also. favorable action OF Congress
on the projects for widening the great canals of
I ~ Vel, Tll,ro;eacJ Mt.b.c.p
The President refers to his cOnfscaton and
emancipation proclamation of September 22d,
and says that portion of the earth occupied by the
people of the United States is well adapted 10 be
the home OF one national family, but not for two
or more. In the Inaugural Address | briefly
pointed out the total inadequacy of disunion as !,
remedy for differences between the people of the
two sections. 1 did so in language which can
not improve. Physically speaking, we cannot
separate-we cannot renounce our respective sec
tons from each other. nor build an impossible
wall between them. He then remarks at length
on the difficulty of making any National boun
Diary line.
The President then suggests amendments to
the observation-disclosures concurring-tO be
proposed to the Legislatures or conventions oil
the several States; which, if ratified by three
fonrts OF said Legislatures, to be noted as part:
OF said Constitution.
The first article proposes that all States abol
ishing slavery before January l., 1900, shall re-
eeive compensation from the United States
Second. All slaves freed by chances OF any
time before the end of the rebellion shall be for.
ever free; but all owners who had not been dis
loyal, shall be compensated.
Third. Congress may appropriate money and
otherwise provide for colonizing free c0ored per
sons with their consent at any place without the
: United States.