Bradford reporter. [volume] (Towanda, Pa.) 1844-1884, 1865-12-07

HAS OIouS III u9 iShSdStS ~ CJudglrr, :
the death of our late Chief Magis,ra,DD %
the bey Of Tunis, whose rule inclpd,.-. ''.a
old dominions of Carthage, on the ,f.. ~-
coast. @
THE PUBLIC DIET.
Our debt is dOubly sccurc-fr,f Il.
actual wealth and still greater uudeyo' 10.
resources of the country; and next IN + p,
character of our Institutions. Tns "s
intelligent observers among political '''
omists have not failed to remark ti..,.F
public debt of "a country is safe il. rro, %
ton as its people are free that the
of a republic is the safest Of all Opr \.
tory confirms and establishes the ,5ol a>
and is, firmly believe, destined to gi,a
a still more signal illustration. The $685..
of this superiority springs not merely ~.
the fact that in a republic the na,iogal ~
legations are distributed more via
through countless numbers in all cIs..
Of society it has It's root Ill the cIags...
of our laws Here all men coutriLpto
the public welfare, and bear their fair ,..,
of the public burdens. During the w..
under the impulses Of patriotism, the r..
Of the great body Of the people, viii,
regard to their own comparative wait
wealth, thronged to our armies and FIX.
our fleets Of war, and held themselves Road.
to Offer their lives for the public good
Now, in their turn, the property and ncr.
of the countay should bear their Just mn.
portion of the burden Of taxation. whr'a-
our impost system, through means Of wh.s
increased vitality is incidentally imya-,
to all the industrial interests Of the nat
the duties should be so adjusted a. ut.
most heavily on articles Of luxury, jray..
the neccssaries Of life as free from ,a14-.
as the absolute wants of the COVERING
economically administered, will iu,rt
No favored class should demand freei,
from assessment, and the taxes should
so distributed as not to fall unduIy o..
poor, but rather on The accumulated We.
Of the country. We should look Il. f.
national debt just as it is-not as 4 ma,
al blessing, but as a heavy burden m
industry Of the country, to be dlscha:.
without unnecessary delay.
TREASURY AFFAIRS.
1t is estimated by the Secretary u. ,.
Treasury that the expenditures fur r.
fiscal year ending the 30th Of june, lsa
will exceed the receipts Sll2,l94,94l ?
is gratifying, however, to state that hi,
also estimated that the revenue ur n-
year ending the goth Of June, l>G7 v
exceed the expenditures in the s.r 3
Slll, 682,SIS. This amount, OF 50 m-.
as may be deemed sufficient for the pin.
pose, may be applied to the rcdurr
the public debt, which, Oh the 3I,t 4.rs
October, 1868, was S2,740, s54,7j0. E,.
reduction will diminish the total a.
of interest to be paid, and 50 enlarge
means of still further reductions. until r.
whole shall be liquidated, and this. a. r.
be seen from the estimates of the >ecF,9!~
of the Treasury, may be accomplished tr
annual payments even within q period IL.
exceeding thirty years. have fsIrl ts
we shall do al this within rea>.aa..
time that, as we have amazed the W..
by the suppression of civil war ".
was thought to be beyond the curI
any government, 50 we shall equally ,sz
the superiority Of our institutions by aa
prompt and faithful discharge Of ow a.
tional obligations.
GREAT BRITAIN AND THE DEFEEuAugs-
Our domestic contest, now happily ended. h.
left some traces IN our relations with yle 81 .rs
of the great maritime Powers. The formal .
cordance of belligerent rights to The iLsars.
States was unprecedented, and has nor bel. 1l,-
| fed by the issue But i'll the systems O. uer,-
ty pursued by the powers that made that cones
sion, there was a marked difference, Tie Ua.-.
ais OF war for the insurgent States -gI4s-.,
IN a great measure, from the workshops ot CIR
Britain and British ships manned by Bary
subjects and prepared for receiving But.,. .---,
ments, sailed from the ports Of Great brl-
to make war on American commerce. uLIrl i-
shelter of a commission from the iusur--A; >,,ss
! These ships, having once escaped from El.s-
ports ever atterward entered them IN every PAT E
the world, to retit, and SO to renew tier iel
tons. The consequences Of this coutHlt ras
most disastrous 10 the States then III rebellion e.
creasing their desolation and misery ny t-- r.
! longation of our civil contest II hnd mo-, ..
the effect, to great extent, to drive tre Amer
flag from the Sc, and to transfer uu.4 ..
shipping and our commerce t. th, TpEy RI
whose subjects had created the uec5s sSitE 1T s-
change. These events took place lei,relr
called 10 the administration Of the 7yEe.ll-.a
The sincere desire for peace by which / uI .i--'
ted led me to approve the proposal already --'..
| to submit the questions which had thus ARSE d.
tween the countries to arbitration. Ihess I~
tions are of such moment that they must -g
commanded the attention of the great Powers al
are so interviewer with the peace and lltg--ss :
every one of them rs to have insured al I'M ILL.,
deci ion. L regret to inform yoa that Gre.. --.
tain declined the arbitrament, hut. Oh tl .i-.
hand, invited Us TO mutual claims between IL ,'
countries from which those for the deprtd41
before mentioned should be excluded. lie !.
osItion, in that very unsatisfactory form. has j
declined.
The United States did not present The su1s-. O.
an impeachment of the good faith u rowe
which was protesting the most friendly disp's4t.1
but as involving questions Of public law. oI NM-
the settlement is essential to the peace ot naItO
and, though pecuniary reparation to then liia.'
citizens would have followed incidentally Oh " W.
clSlon against Great Britain, such ccmPSlN.-.
was not their primary object They Ada A7i
motive, and it was III the interests ot peace 81.
justice to establish important prlncIpes VI .''.E
national law. The correspondent WILL D. t--.
before you. The ground onwhicL the BntNl '4---'
ter rests his justification is substantially iAl. =.
municipal law OF q nation, an the doms-ilt 2'..
pretahons ot that law, are the measure ot liz .--
as neutral and l feel bound to declare any .,.~
ION, before you and before the world, tn. '.' '-'
tlhcation cannot be sustained before the l...--
of nations. At tle same time | do not ad'-'.'
any present attempt at redress 10y acts '' - -,
hon. Forsthe future, friendship between IL, Co.
countries must rest on the basis Of mutual I-'.'
INFLUENCE OF DEMOCRATIC GoyERNyfNI.
From the moment of the establishment ' .-
free constitution, the civilized world has bee. -
vulsed by revolutions i'll the interest Of demo-, Ny
or OF monarchy but through all those It'eD,'~.
the United States have wisely and firmly REM. IT,.
TO become propagandists OF repubhcaniNlA. y
the only government suited TO our conu!'l"l
we have never sought to impose it on Others -'
We have consistently followed the advice oi w.
ISGToS, to recommend it only 10y the carIiot pr
eryation and prudent use of the bleSs-- u
ali the intervening period the policy OF EI!l
Powers and of the United States IaS gu the WIZ