The Jeffersonian. [volume] (Stroudsburg, Pa.) 1853-1911, 1864-12-15

CuTeu Uy tuo 0UFdtumtut. HdI Tue
Government ard the people will derive
great benefit from this change in the
banking systems of the country, can hard
ly be questioned. The National system
will create reliable and permanent In
fuence in support Of the national credit
and protect the people against losses in
the issue Of paper money. Whether or
not any further Legislation is advisable
for the suppression of State bank issues
it will be for Congress to determine.
1t seems quite clear that the Treasury
cannot be satisfactorily conducted unless
the Government can exercise restrain
ing power over the bank-note circulation
Of the country
The report of the Secretary of War and
the accompanying documents will detail
the campaigns of the armies in the field
since the dateof the last annual message
and also the operations of the several ad
ministrative boreaux of the War Depart
ment during the last year
twill also specify the measures deemed
essential for the national defense, and to
keep up and supply the requisite militia
ry force. The Report of the Secretary
of the Navy presents comprehensive and
satisfactory exhibit Of the affairs of that
Department, and Of the naval service. It
is subject of congratulation and lauda-
bic pride to our countrymen, that Navy
of such vast proportions has been organ
lied in SO brief period, and conducted
with SO much efficiency and success.
The general exhibit of the Navy inclu-
ding vessels under construction on the
lst Of Dec 1864, shows total Of GIL
vessels, carrying 4,610 guns and 5l0,396
tuns, being an actual increase during the
year over and above all losses by ship
wreck or in battle of SO vessels, l67 guns,
and II ,427 tuns. The total number of
men at this time in the Naval service, in
cluding officers, is about 81 900. There
have been captured by the Navy during
| the year 324 vessels, and the whole mum
Der of Naval captures since hoStilties
commenced is 1879, of which 267 are
steamers. The gross proceeds arising
| from the sale Of condemned prize proper
ty thus far reported, amount to 1885,
| 250 81.
4 large amount of such proceeds is still
| under adjudication, and yet to be report
ed The total expenditure of the Navy
Department of every description, iuclu-
ding the cost Of the immense squsdrons
| that have been called into existence from
the 4tE OF March, 1861, to the ist OF No
vember 1864, are S23S .G47 ,2j2 30. Your
favorable consideration is invited to the
various recommendations of the Secretary
Of the Navy especially in regard TO Ma
wizard and suitable establishment for
the construction and repair Of IRON YES
sells and the machinery and armatIre for
oar ships, 10 which reference was made
n my last annual message.
Your attention is also invited to the
views expressed i'll the report in relation
30 the Legislation OF Congress at It's last
session iii respect TO prizes On our inland
waters
| cordially concur in the recommenda-
ti0n Of the Secretary as TO the proprlety
OF creating the new rank Of Wee Adml-
| raj IN our Naval service. Your attention
is invited to the report of the Postmaster
General for a detailed account of the op-
erations and financial condition of the
Post Office Department.
The postal revenues for the year end
| ing June 30, 1861, amounted to ST., ,439,
253 78, and the expenditures to ST.. .6l4,
! 7S5 20; the excess Of expenditures over
receipts being $lOG,652 y.
The views presented by the Postmaster
! General on the subject of special grants
! by the Government in aid of the estab-
ment of new lines of ocean mail steam
ships, and the policy he recommends for
the development Of increased commercial
intercourse with adjacent and neighbor
inc countries, should receive the careful
consideration of Congress.
1t is of noteworthy interest that the
steady expansion of population, improve
ment and governmental institutions over
the new and unoccuped portions of our
country have scarcely been checked, much
less impeded or destroyed by our grea!
civil war, which, at first glance, would
seem to have absorbed almost the entire
energies of the nation.
The organization and admission of the
State of Nevada has been completed, IN
conformity with law, and thus our excel
lent system is firmly established in the
mountains which once seemed barren
and uninha abitablc waste between the At
lautic States and those who have grown
up on the coast OF the Pacific ocean.
The Territories Of the Union are gen
erally in condition Of prosperity and
growth. Idaho and Montana, 5y reason
Of their great distance and the interrup-
ton of communication with them by In
dian hostilties, have been only partially
organized but it is understood that these
difficulties are about to disappear, which
will permit their governments, like those
of the others, to go into speedy and full
operation. As intimate ly connected With
and pronotive of material growth Of the
nation. ask the attention Of Cos.rsss to
the valuable information and import.n