The New York herald., 1863-12-12

bs @ uphold nsa.<d Hs6s 70 tssIf IN dfl5H Shs
principles OF the declaration OF Paris commend thou
more consoosns with modern oviiss.on than tnoss ss
lgeren pretensons which great Powers have hssC
forego undeuabls right tho OF those Pre-
tensions policy higher worther OF and csuas
prove Let hope redress rest rather on returs
ing sense OF justice which fail awaken greaS
engaged ought rather be made reason FOR fcr
bearaDce Of advantage than for tho unren6t
conduct Of which we make just complaint
The events OF the year havs produced importssS
changes in the condition OF Southern neighber ne
sOS r. ac c % %:
by radical change In the constitution OF the coca
try have excited lively interest Although preterr,ns
Countries disposition contest ne eperoos
by them e TIE RON Of ssH oop~~saa eAtcA assS
,ir deci,ion and 70 svnos sncsro friendly insers
maintaining their former institutions wo have 90 rcssos
apprehend any obstacle 70 the free exercise Of the
claimed any purpose to impose on Mexico form OF seg
ernmen not acceptable 70 the naon and tho eminent
s GO s Ss
tho suages Of the people, In either event. thereeofus
We may confidently expect ne &c o. ~
frontier and large development Of the oommeroe
already existing to hs mutual advantage Of the twe
countries
found necessary since your Adjournment -
take action the sbsc of certain foreign couis wA
copfederacy. The nature OF this action and tho
which Il based fuiy exhibited -
ths correspondence Of tho state Department which =
transmitted TO you, that no additional comes ~ ss-
Ia connection with this subject Of our relations Win
my views u reference % tho Meatss made W h1 ooss
meut tho United States at date ant6ror TO eepA
we'll !. % oo foreign Powers WON ths ssSsssssoa sss
effect IL was partly 9th view 70 entefns iute go
as tie change s our had maas
abroad for the purpose Of entering into the negotiations
proper 70 az The relative rights and oesatlOns q -
parties 70 those treaties As his temdey owy part ~
been dc~ed foreign Nations have refused 6e bs.e
oftAe treaties to oAiek parties, they certainly A6s
NTH 1xrcpeaN nations are therefore, rov controlled escI
saeIy BY do general rules Of Ae law Of matta y u pro
solely 70 treaty obligations towards foreign
aud havc no referouce to rights Of Individuals &.
The state OF toe public finances Ia such 20 70 deanA
your earliest aud most attention need hardly
say tns: y rss and sossie ,ses e. f :s s sT
foynance OF the functions Of f0re~nwe kvrtunatey ~
o. our coa1tsy ~ are :" sp & s"a TOO sps "
make any necessary co0trbuon ksof IL thus entirely
within our reach i we have the wtsdom e !egislAi& =
5uca manner as to fender available ihe meas Dur
disposal.
Al the commencement Of the we wcro Car froman.
tcipating tho magnitude and duration o tne struggle =
could not have predicted that the passions OF Tho Noh
people would lead them bind 70 tho sacrioc Of s
and liberty In so vain hope a. that OF subjugA
tog thirteen independent States, inhabited bg
maoy millions Of people. whose brshrighs Of free.
dom is dearer 10 them than life. long exemption iron
direct taxation by the general government had creatsA
aversion 70 it's sing revenue by any other means
tnan oy y osGs 3 On s ana vas oss 49,
while tue means for conducting tho war ooud DO raAes4
a'mos. exclusively y the us, use Of the public credit
fore confined 10 passing tariff Law and 70 raising snn
fifteen millions Of dollars by ioan with pledge q
small export duty cotton to provide Tor tho sedoWRsoo
At ,ts secood session was declared exist teswes
v"nseaA
madeior the issue OF twenty miisoos dollars 10 ftsa
sry notes. and or borrowing thirty millions Of dollars
t.koa enable Congress- to levy nscrna taxsssos =
iis succeeding These lava passeA In nAV.
Arkansas having jonod The coufodcrsoy. tho O6ssre
adjourned 10 meet In the city OF Richmond 10 tho follow
,og month OF July.
mond third session. tho end q Jsiy leo,
the President the United 6atos had deveiopod NJ
message tho purpose Ito mako the contest short 80
decisive one,' aud had Called on Congress Tor fous
hundred thousand mon and four hundred millions -
ommeodstion. aud had authorized tho levy Of has i
vouossers besides largely increasing The rcea9
thus ars, urgent that anaucai schems sbosI1
be devised bssie suGcieD&y large the yae pro-
portions q se ,S Sonssss wA waca " = w:s
doc sve ,eo,d tmdf dHr0ttss, Uod cosD4 epp
the Uessd STATES shessd caser Prom Nev 6sS-
ADA ad~ntS d, Mc Gyeai ess. .sscsss Ssfcvs .s
Tie plan devised BY Ooagrew ~ that tims .as bseed
pessure tho holder Toto eight por bonds. W.
tere OF which 70 be payable 10 con and It was cor
that might arise from over issue Of the carrecy woos
checked BY the constant exercise OF tue hos rshs
ihis system depended for success On tie coessosS;
abay sovorpnens to pay the interest ia specls asA
law authorizing issues. An islsrnal tax. termed
lcviod the proceeds 6 which. togeter wteA
dessneS TSi. scbsme rcauirsd fos ia opcss.ios
that commerce with foreign nast0ns should Uos -
naas,oc would re psrmed otherw,ss t,n bv a eGsot
iva blockade aud n absurd to suppose that block
ale suoiens realty to prevcn, access TO oas entire
Wo had tho means, therefore (f neutral nations had
Combined to aid enemies by tho sanction Q N
tega prohibition on their commsrce) TO seourc the rs
cept iato treasury sufficient 70 pay tho inter
bonds and thus MAINTAIN the Treasury nosss
nesriy equal 10 par In spoce So long - The ta
tees continued be thns paid with tho OF coin
me-cxistug in our country experience sustained
las expectations OF those who devised the sysses-
Thus ou tue lst Of the following pecember. coin
had ouy reached premium OF about twonty per coat,
although It already become apparent that the
nerce of tho country was threateasd with permansus
suspension by o tho conduct o neutral naooe,
and that ns n s SS % Ss
1861 selling at one dollar and thirty cents per
busne not exceeding thefsose s sveraee price nslne
sma moderate rates, thus indicating that thsrs
circulation and that tho rate cf premum
spec heightened by the exceptional clusosjwhieA
tended to ITS exhauson w,thout tina posssbay OF easw
tag the supply.
IN Justice 10 them and Il exhibits tho Condition a The
date When the permanent govevnsncas We
organized. - u
Ia tue ueaoiims the popuas aversion 70 iatevna tsEn
by the genera! goverameo had inAecocsd ~ eg1
IAtipu os the ssverai ststes, aud ia o0ly thsee -
them-solth Csrol'ua, MiSss'pp aod ToEas-wSo
the taxes actually collected from the peepse r.
auouas dcvolving upoo tho romSoing States hAd.bea
ass by the ssas bopds and state Treasury notes. -
p,be d-t of the country ss1s thss oososy sncressss
sad ofb,in, dm'rtssri By c sra''or imposed s cs
y,sss
Neither tho hrst second session q toe prceess
Congress manS provided BY axatou fof mes1eaur
ing tue government tue Legislation being connnoo 70 ~
further sales Of bonds aud issues q II reasury
notes Although repoated efforts werc maoe ec m
propsr syssem taxati0n, you were eosrcntoa ~ -
obstacle which d,d not cHsst for yoHr preoco -
whcn created grave embarrassment In devbtng ~
scnsms oS TAXATION About tvothirds OF tne e0esre saEnr
property OF Confederate scales coosS q Ands -
slaves general power Of taxat'oo vested 70 Ooa-
prcs by the provisional constitution (which wee 70 -
ony temporary Its oporaion) was no< rsstsee1 ~
auy other condition than that "ah duties. soposh -
exc .sss should uniform thtouahous ths 6easee a
ths confcderacy." But tho permanent couesseussoo
pis that tsxaston and refoeeoeaetoa
oupht 10 bass, specoly provt0Go e004