The Tiffin weekly tribune. (Tiffin, Ohio) 1859-1868, 1862-12-12

U w AfttNhhRh 70 ANN ~ -''ath - -
public of Hayti. A considerable inn
provcmcnt of the rational commerce is
expected tn result from these measures.
Our relatiuns with Great Britain, France,
Spain Portugal, Russia, Prussia. Den-
mark, Sweden, Austria the Netherlands
Itgly, Rome, and the other European
States, remain undsturbcd. Very (av.
orabls relations ulso continue 70 bc
maintained with Turkey, Morocco, China
aud Japan. During the last year, there
has not only been 80 change ufour pre-
vious relations with the independent
States of our own continent but moro
/ friendly sentiments than have hereto
I fore existed are believed TO be enter.
tained by these neighbors, whose saieiy
aud progress are 50 intimately connect
ed with our own. This staten spced-
| ily ppples to Mexico, Costa Ricn, Mic
aragua,, q, Honduras, Peru and Chui. The
Commission under the Convention with
I the Republic of New-Granadu closed its
session without having audited audposs.
ed upon all the Claims which were Sub
mitted to it. A proposition is pending
\ to revive the Convention, that it may lc
| able to do more complete justice. The
/ Commission between the United Statcs
i ard the Republic 'vf Costa Rica has
completed its labors and sub tilted it's
report. have favored the project for
connecting the United States wi Eu.
rope by an Atlantic Telegraph, aud a
similar project to extend the telegraph
from San Frisco, 10 conut ct by a Pacific
Telegraph with the wire which is being
extended across the Russian Empire.
Tho Territories OF the I'm ted States,
with uuimpoStnnt exceptions, have re-
maiued undisturbed by the civil war, and
they are 2xhibitibg such evidence Uf
prosperity as justificcs an expectation
that some of them will soon be in con-
dtion To be organized us States, aud be
onsttutiJn0lly admitled ihtu the Union.
The immense mineral r. sources ol some
OF those Territories ought To be develop.
ed as rapidly as possible Every step in
that direction would have tendency to
improve the revenues oi the Government
aud diminish the burdens ut the people
1t is worthy OF your seri0us consid ru-
ton whe her some extraordinary meas
urcs to promote that end cannot be
adopted. The means which suggests it..
self as most likely to be otit ctivt, is a
scientific exploration of the mineral re-
gions in these territories with view 20
the publication of its results ut home
and in foreign countries, results which
cannot fell to be auspicious.
The condition of the finances will
claim your most diligenI co sider6tion
The vast expenditures incident to the
. .r,, .
Tor the suppr. ssion of the Rebellion have
hitherto been met with a promtiludc and
certainty unusual in simii.r circumstun-
cus and the public Cretit has been IN ~
maintained. The continuance Of tie
war, however, aid the increased disburse-
menls maCe Necessary by thr uugmciH-
Cd forces now in ia field nand your
best r, II ctiuIs as t. The best modes Oi
providing the cccssary revenues without
injury to busin IS, and with the least
possible injury 10 business, and with the
,. least possible bu deus upon l.bor. The
suspension Of specie payments By the
banks soon after the commencement Cl
your last session made large issues of
Unit 4 States notes unavoidable. Ia 10
other way could the payment Of she
tf.Ops, aIu the satisfaction Of other Just
demands, be So economically or us well
provided tor. The judictiuus legislation
Of Congress securing the receivabi,ity Of
these notes lur leans lud internal duties
ana making them Illegal tender" tor
other debts, has made them universal
currelcy, aud has satsf d, partially at
leaSt, nd iOr the tnuc, the lUug-ielt want
OF an uniform circulating medium, say ne
thereby to the people immense SUNS in
discounts and Xchangcs.
"A return To sp, Gle payments, how, yer,
at the earliest period compatible with due
regard to all interests, should ever be
kept in view.
Fluctuations in the value of currency
are always Injurious, und t. reduce these
fluctuations to The lowest possible point,
will always be leading purpose in wise
legislation.
Cunvertibility, pr,mpt and certain ,con-
yertlbill,y into cOln, is GENERALLY ac.
knowledgtd To be the best ahd surest
safeguard against them,a it is extreme
y doubtful whether circulation Cf Uni
ted States notes, payable IN coin, and
suihcientiy large Tor tho wants of the
people, Gun be permanently useiully aud
saisiy maintained, ,,.
10 thVre any cther mode IN which the
necessary provision for he public wants
can be made, ana the great advantages
OF safe ana uniform currency secured!
l know ol none which promises SO cer-
tain results, and, at the same time, so un-
Objectionable, US the organization OF
banking associations under general act
oi CongreSs, well guarded in its provis.
ions. To such associations the Govern
ment might furnish circulating notes on
the security vi United States bonds, de-
posted in the Treasury. These notes,