The Jeffersonian. [volume] (Stroudsburg, Pa.) 1853-1911, 1865-12-14

It is gratifying, however, to state that it
is also estimated that the revenue for the
year ending the 30th of June, 1867, will
exceed the expenditures in the sum OF
Sill ,6S2,S1S. This amount, Or so much
as may be deemed sufficient for the pur.
pose, may be applied to the reduction OF
the public debt, which, on the 3lst day
of October, 1865, was S2,740,S54, ,750-
Every reduction will diminish the total
amount of interest 10 be paid, and so en-
large the means of still further reductions
until the whole debut shall be liquida-
ted F; and this, as will be seen from the
estimates of the Secretary of the Treas
ury, may be accomplished by annual pay
ments even within period not exceed
ing thirty years | have faith we shall
do all this within a reasonable time F; that
as we have amazed the world by the sup.
preston of civil war which was though;
to be beyond the control of any Govern
ment, so we shall equally show the supe
riority of our institutions by the prompt
and faithful discharge of our national ob
legations.
The Department of Agriculture, under
its present discretion, is accom- plishing
much in developing and utilizing the
vast agricultural capabilities of the coun
try, and for information respecting the
details of its management reference is
made to the annual report Of the Com
missioner.
have dwelt thus fully on our donos
tic affairs because of their transcendant
importance. Under any circumstances
our great extent Of territory and variety
of climate, producing almost everything
that is necessary for the wants, and
even the comforts of men, make US sing
ularly independent Of the varing policy,
of foreign powers, aud protect US against
every temptation to ''entangling ALLAN
ces," while at the present moment the
re. establishment of harmony, and the
strength that comes from harmony, will
be our best security against "nations who
feel power and forget right" For my
self, it has been and will be my constant
aim to promote peace and amity with all
foreign nations aud powers and | have
every reason to believe that they all
without exception, are animated by the
same disposition. Our relations with the
Emperor of China, so recent in their or.
igin, are most friendly. Our commerce
with his dominions is receiving new de
vcloFments; and it is very pleasing tc
find that the Government of that great
Empire manifests satisfaction with oul
policy, and reposcs just confidence in the
fairness which marks our intercourse =
The unbroken harmony between the Uni'
ted States aud the Emperor of Russia is
receiving new support from an enter
prise designed to carry telegraphic lines
across the continent Of Asia, through his
dominions, and so to connect US with all
Europe by a new channel of intercourse
Our commerce with South America is
about to receive encouragement by Il
direct line Of mail steamships to the ris
ing Empire Of Brazil The distinguished /
party of men of science who have recen-
tly left our country TO make a scientific
exploration of the natural history and
rivers and mountain ranges of that region
have received from the Emperor that
generous welcome which was to have
been expected from his constant friend
ship for the United States, and his well
known seal in promoting the alvance-
ment of knowledge A hope is enter
tanned that our commerce with the rich
and populouS countries that border the
Mediterranean sea may be largely increas-
ed, Nothing will be wanting, on the
part Of this Government, to extend the
protection of our flag over the enterprise
of our fellow citizens. We receive from
the Powers in thst region assurances of
good Will and it is worthy of note that a
special envoy has brought us messages
of condolence on the death of our late
Chief Magistrate from the Bay of Tunis,
whose rule includes the old dominion OF
Carthage, on the African coast.
Our domestic contest, now happily en-
dea, has left some trace in our relations.
with one at least of the great maritime
Powers. The formal accordance Of bel
hgerent rights to the insurgeut State.
Was precciented, and has not been jus
tilted by the issue. But in the systems
of nutrality pursued by the Powers which
made that concession, there was marked
difference. The material of war for the
lnsurgent States were furnished, in a
great measure, from the workshops of
Great Britain and British ships, manned
by British subjects, and prepared for re-
celvlng British armaments. sailed from
the ports of Great Britain to make war on
American commerce, under the shelter of
a commission from the insurgent States.
These ships having once escaped from
British ports, even afterwards entered
them in every part Of the world to rent.
and so to renew their degradation. The
consequences Of this conduct were most
disastrous to the States then in rebellion,
Increasing their desolation and MISERY
BY the prolongation of our civil contest.
1t had, moreover, the effect, to a great