The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-12-06

REDUCTION TER NAVY.
appears from the report Of The Secretary of the Navy
that WHILE at the commencement Of the present year
there We're In commission $50 vessels all classes and
descriptions, armed with 5000 guns and manned by
ol oo men, the number or vessels present In commits
mission is H. with $50 guns and 10 I2s men BY this
prompt reduction Of the forces the expenses Of the
government have been largely diminished, and a
number OF vessels purchased for naval purposes from
the merchant marine, have been returned TO the
peaceful pursuits OF commerce. Since the suppress
sion OF active hosttes foreign squadrons have been
reestabiished and consist OF vessels efficient
than those employed on similar service previous TO the
rebellion The suggestion for the enlargement or the
navy and especially for the establishment ~ one
I'D re iicr for rop-cltd vessels, deserving OF
Z elison, az J. also Zoe recommendation for different
locatoh and more ample gfo0n IS f the Naval Academy
ausrEal,o our -
In the rspor cf the Seesetary OF Wa general
70 ~ - sssA o. tne mihiary canpabns Of 1854 and
ihto ,nons ~ the sutlfe OF armed resistance 20
the nrlo1ai authority ~ the iaspvcnt States Toe
Iations q ne genera M nists awe bureaus " the War
Neral nlen during NJ past detailed, and
estimate ned OF ihe ppprog ralions that will be re-.
gnrea ios ii..ry eposes IN he isoal year con'menc-
,rS ire se,h cay OF June 1855 The national military
force o. the 1T Of 'lav, 1905 numbered 900 6le
mon = proposed to reduce the military
Enlistment . peace footing. communicating
fty 100 asna troop of MI afns -aniyod
or an en- aroem,n, by filing ur the raass eighty two
" ,usard ak hundred II The circumstances 81 tha conn
iry snor,, ,-alrc AZ auym,r'ation Of The army The
vont IT fcr has ar'ad hcen reduced ~ thcdscharge
fon ssr,e + over eight hundred Thousand troops
tho De- rtmont s reedlng Rapidly In the work or
further rcduct The war estimates are reduced from
S5l6240 III 70 33 Si;tG' winch amount II the opinion
q the department l. adequate for peace establish.
meni r. rTsnres of rr'rnnchmen, IN each bur eu
ana hrant nf III. service exhibit diiigcnt economy
WORTHY of comm notation. Reference s. also n,nd. IL
he report . ne necessity Of providing for uniform
militia sysrm and 70 tho pronrc;y Of ranking ,utabe
provision for wounded and disabled officers and solder
THr 'EvENrEs.
The rrv"nne system of The county subject OF vital
interest to y honor ard prosperity and should com
iaand the earnest consideration Congress Tho secre-
.aIy % tie Treasury will ay before Won fun and d.
tailed repor; D. lie receipts and disbursements 81 the
turflr ar thn fiscal
year. the probable receipts and expenditures for tho
ohcr three quarters and the estmats for tho year FOL
with reference e. thai, re,ort In which you viii md ei
The informa ion required for your deliberations and
decision Ent The paramount importance Of tie sub
!ect 80 presses itself on my own mind that en-
not f'it lay hesos" you my views Of the measures
which ore required for 'he good character, and,
mi ut amfs eay far THO existence Of this people The
life o. renc 90 certainly IN he energy virtue
gene Of s eiiZnn; hu' 90 .ally that tnon
rnua system I. the HE IF organized rove,rmen;
ne q: yon NJ tine vhe7 tie nation has o.untar Is hnr
iansd 'teIf W u, debt cedented in annals
Vas, rs g liz ar,onEt u fades sway nothing when
com,arei with ~. countless bless that VIII "
fsred uion o. nnry AID upon i,sp ty ne pr serva
lion OFT raon'a Me Now, the first occasion Of
The meeting 81 Crngrens s'nrr IT. return OF peace.
il - q the rriLps, importance iuaueuiae
4 rst pole ahcl shall ~ he pr. IN motion,
and which shall commend i'sef . those who an
gor i's cor,nionce. We must aim a. nothing legs
than The complete er srl"t OF tho financial evils that
necessa IL foll wed sa'e or civil We NUT
dcavor apply the carlet remedy the dcrang.d
which, Without be oprrssis :" tho peoo.e. shall i'm.
mediafelv b-gin to erect duction of the debt and "
persisted N, ds hargc II fully with q definitely fixed
number Of year.
III RrTrRS 70 4 apxcys BASIC
In our Grst duty % prepare in earn II for
coycry from The increasing evils OF rrne'nabc
currency, without q sudden wvnsion and yet without
untimey tricrasInasinn. For shat end must,
n our resp give posi,"ns prsra,e The way hold i
aypend turas ana slarne economy Ia itsc,f great
national resource N the banks to which authority
has been given IN ,saue notes rcd bv ronGs o.
the United States may req the sr atcs, rncdcra
lion and prndene, and the law be igidly
enforced when IT. nits are exceeded We may, .acn
one of M, counsel os active aud enefp,tsng n'ry
men 10 he constantly thciT guard, u quiate debts
con ractrd IN paper currency and BY conducting bus
ness nrarly ,pssric a system O: cash payments
sor. rrcdis to hold themselves prepared return
to the standard gole ard silver TO aid fellow
IN The prudent management OF their monetary al
airs the ty dc Dives on a. dim nish by law the
mount of PAPER money now N crcu alton. Five Years
ago the hank mote circulation "f the country amounted
much moro than two hID iTad millions: the
CIRCULATION, bank rnd NATIONAL ey eeds HUNDRED
millions. The simple statement OF The fact room
mcnds strongly than any words OF could
the necessity II our RES mining this expansion The
gradual reduction Of the currency The only
that the business Of the country from dsiso
calanit es and this can be almost nperceptbly accom-
plished bv gradually funding tho national cir, ution In
securities that may ba made d'emablo II the pleasure
OF the government
sKcusrry nR NATIONAL pKB-.
Our debt douby secure-nrst ir the actual wealth
and still greater urdevcloped Of the country
next IN mo char1rter ~ Institutions. The
Intelligent observers among political econom ss have
failed remark that the public debt country Is
IN proportion NJ lis people are free; that The debt Of
republic IL the safest Of n Onr hi tory counrms and
establishes the theory, and is, nrmly llevs dos
tined 10 give II o SIN more SIGNAL illustration
The secret o. this superohty .ping1 40, merely .,em
distributed more widely through less numbers
ell classes Of icy has its root in the character Of
laws 70 all contribute 10 the public welfare
and their fair share Of the public budena During
the war under the impulses " patriotism, the u
the great body OF the people without regard To their
comparative want wealth, throngcd armies
and Oiled fleets 81 war and held themselv ready TO
offer their lives FOR the pubic good Now In their tun
the properly aud income Of e eouOy Ahoud bear the
In our impost system, through means n
which Increased vitality IL Incidentally mpart to all
be adjusted 10 fall most heav " articles Of
ury leaving the necessares Of 70 FREQ from taxatoa
.: .he abeo,tc wants q the govsrnmrnt economically
msnd freedom assessment and the should b.
% distributed not " fall unduy On the pour, but
rather ON tie . cumuiated wealth Of the c~ntry We
ss,onld look :, The ns.ional debt jasi a. /, snot .
national blessing. ~ heavy burden the industry
o. tho country, " DO discharged without unnecessary
delay.
Ia estimated by the ecrctsTy OF the Treasury thar
the expendt for the fiscal year ending tho 10Th Of
June 1aG6 will exceed the receipts fif2 194 81 B
gratifying however, t. sta that Il IL also estimated
the revenue Tor Che ycar ending the 10Th q .. r'
will exceed tho expend lures the SUN 81 so
This amount, or 10 much rs may be de me .c. Is
Tor the purpose. may ee applied 70 80 vir-
ton Of the BIZ debt, viii h, tic ,ls-
day Of October, 1905, Ma a. 7&0,s54 40 EyeD
reduction viii dim nsh the total nj u ipters-,
be raid ard enarye the If rtili fur,hs
duction until the whole shall DO liz idsied ana tbs
will be from the estimates Of The Secretary OF
Treasury, unny be accomplished by ann ~ payments
NihIn peiod not exceeding thirty years have
faith tia; shall do al ,hs within reasnnable time
that lave amazed tsr w.id ty the suppression ~
civil which Was thought TO be beyond the contro,
Of any government shall equally show the super
GRITTY insttut by the prompt aud aihfu dis.
charge Of our national oblfga ons.
The nepsTmen " Agriculture under its present d.
rect"n l. accomplishing much IN iesrlopins AMI ut
ny the agricultural capabilities OF the country aud
Tor on respecting tn details Of its mann cement
reference iuade 10 the annual report Of this Commits
sooner.
FOREIGN RzLkrrow.
I have dweit thus fully our domestic afars
because u ,h-r ransceudint importance. Undc
any circum ,ances, oir grca; extent ~ territory
and variety climate, producing almost every thing
bat H. necessary for the wants, and the COM.
forts OF man make va sinsulariy Independent of the
varying policy OF foreign Powers and protect against
every temp alton 20 ,Httfgi.6g all srcas, wIlc at tie
present moment the rc-cstab hnent OF harmony aud
the strength that rom harmony xili he best