Council Bluffs bugle. [volume] (Council Bluffs, Iowa) 1860-1868, 1862-12-10

tkA4Ms GxN169s Sp&11z EQktH - s. s
ussia, Denmark, 6wesden and Austria, .
. Netherlands, Italy, Rsms, and fns 9
hsg EascpeAa SsAtss, Realm undistaEb-
|. Very favorable xsla6ons also 1en-
aus 20 bs maissAined with Tuskeys
orooeo, Ohin& and Japsa.
ogx szIazsoaTSa sAraoxs. I
During tho last rear there has NOT only
sen no change Of cur previous Eslationa
tn tina independent Ssases u oar Consa-
emf bas more friendly ssnkimanfs than /
are herssosora existiag are believed 10 De
nswsainsd by those nsighbors whose
zfssy aud progress are 30 insimatsiy
snnesssa with oar own. This statement
specially applies e Mexico, Costa kauss
Nicaragua, noadarAs, Peru and Chilli
rha Communication under the convention |
#ish the Republic Of Nsw Granada closed
ss session witAoat hssing audited sno
passed upon all shs claims which were
10 II. A proposition Ia pend
ing 10 revive the convention that il may
be able 10 do more eemplese ia ssioe. The
ocramission between the United States
and he Espahlio Of Costa Riea has COM
plsssd iss lshors and suhmisssd lss report.
INTERNATIONAL rxLKaRAra.
have favored the project Of connecting
the United States With Europe By an At"
lantie telegraph, and similar project 10
extend the telegraph from San Francesca
90 connect by Pacific telegraph wire vita
the wire that is being extended across the
Russian empire.
OUR TERxEYoRIxs.
The Territories of the United States,
with unimportsnt exceptions have Fs,
NAMED undistasbed by the civil war, and
thew are exhibiting such evidence Of pros
psrisy a. iustifss an expectation thas some
Of them viii soon be In q sonditian TO os
organized as States and be constitution
aliy admitted into the Federal Union.
The immense mineral resources OF somt
of thess Territories ought 10 be developed
a. rapidly 90 possible. Every step IN sha
direction would have tendency TO I'm
nroEs the revenues Of the Government ant
diminish the burdens Of the people.
A SCIENTIFIC EXPLORATION
It is worthy sE jour seEaoaa nonsidsra
! ton whether some extraordinary measure'
to promote that end cannot be adopted
| The measure which suggests itself a. mos
/ likely 20 Do aHsdGiT6 u s1tsnt1Ae - :
ration OF the mineral regions in thos'
| Territories, with view 10 the pabliea
| ton Of its results at home and In foreigi
co untries-resalss which cannot fail to b
suspicious.
NATIONAL FINANCES.
The condition of the finances will claiu
your most diigsnt consideration. In
| vast expenditures Incidental 10 ths nlia
taTy and naval operations required for th
suppression Of the rebellion have hithaEt
been mss with promptitads and certain
ty unusual in similar circumstances. an
the public credit has been fully maintain
cd.
TEx CURRENCY LSFLAEIox.
The continuance of the war however, an
the increased disbursements made neees
sarT By the augmented forces now in tn
Geld, demand Jour best reflections IS
The best mode of providing ths necessar
revenue without injury 70 business, an
With the least possible burdeas upon ID
Dor. The suspension of speeie paymer
BY the banks, soon after the commences
ment Of your last session, made iare
tissues of United Ststes notes unavoidabl
In no other way could the payment Of Il
troops and other just demands be so eet
nomscally or as well provided for. II
iudieious legislation OF Congress reeeivt
6iiity Of these notes for loans and internt
duties, and making them legal tend,
for other dehEs, has made them univers
currency, and has satisfied, partially
least and for the time, the long -falt wal
Of anlform circulating medium, savir
thereby TO the people immense sums
discounk and exchange. A return to sp
Gle payments however, at the earlie
period compatible with due regard
all interests, should be kept IN view.
r Eyns or FLUCTUATIoN.
/ Fluctuations in che value Of cuEren
= are always injurious, and TO reduce the
: fluctuations 70 the lowest possible pOin
viii always be a leading purpose of lsgi
. lAsion. Prompt and certain conversib
D ity into coin is generally aeknowledg
+ to be toe best and suress against thsi
. and it is extremely doubtful whether
{ circulation of United States notes, pay
r Bile in coin, and sufficiently large for t
wants Of the people, can be permanent
ussfuIly and safely maintained. l. the
any oshsE naedium which the necsasa
provision for the public wants can
made, and the great advantages Of 81
: and uniform eurreney secured?
1 REMEDY PROPOSED.
know Of none which promises 50 &C
tain results, and st the same time 50 u
Objectionable, as the organisation
banking assossstions under q general q
. of Congress we'll guarded in its provision
9 To such associations the goVerume
- might furnish circulating notes on t
: Security of the United States bonds d
posted in the treasury. Those NOT
) prepared undsr ths supervision Of prep
officers being uniform in appearances, al
/ security, and convertible always vi
coin, would at once protect labor again
} toe evils Of vicious currency, and fac
itate commerce by cheap and safe exchsn
es. A moderate reservation from the il
tarest on the bonds woald compensate b
United States for the preparation al
distribution OF these notes, and gene
al supervision Of the system, would ligh
en the burdsn Of that of the pablo de
emyloyed 81 security. The public cred
. moreover would be greatly improved 81
&hn sauaSfaEiap NJ uaw lnmua <wnwklw 4
cilitstea by the steady market demand 4
government bonds, which the adoption
Of the proposed system would create.
, is an additional recommendation Of the ne
, measure, of considerable weight in n
Judgment, shat 1t would reconoile, as
as possible, ell existing interests by Il
opportunity offered 70 existing Institution
for secured uniform national circulate
! IN place OF the local and various circul
: q mn aaaorAd and r4raanuxcd navw funfz4