Mineral Point weekly tribune. (Mineral Point, Wis.) 1859-1868, 1865-12-13

HtllOIlstt DleSslilI, Dtl us
on the industry OF the country, to be dis
charged without unnecessary delay
1t is estimated by the Secretary of the
Treasury that the expenditures for the
fiscal wear ending the Both of June, 1866,
will exceed the receipts SIP, l94,94 1t
il gratifying, however, to state that 1T Is
also estimated that the revenue tor the
wear ending the Both of June, 1867, will
exceed the expenditures in the sum OF
SIII6S2 SIS This amount, or so much
as may be deemed sufficient for the pur-
pose NAV be applied to tho reduction OF
the public debt, which, on the 3lst day OF
October. | 500, was s., 40, S54 40. Every
reduction will diminish the total amount
of interest to be paid, and so enlarge the
means of still further reductions, until the
whole shall be liquidated; and this. rs
will be seen from the estimates OF the
Secretary Of the Treasury, may be accom-
plished by annual payments even within
Il period not exceeding thirty years.
have faith that we shall do all this within
reasonable time; that as we have
amazed the world by the suppression OF
civil war which was thought - be beyond
the control Of any Government, so we
shall actually show ting superiority OF our
Institutions by the prompt and faithful
discharge Of our national obligations.
The Department of Agriculture, under
its present direction, is accomplishing
much in developing and utilizing the
vast agricu 'tural capabilities CT the coun-
trv. and for Information respecting the
details of its management, reference Is
made to the annual report of the Commits
sioner.
| have dwell thus fully on our domestic
I.s e
portance 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 man. make US singuIarly in
dependent of the varying policy of foreign
Powers, and protect US against every
temptation to entangling alliances,
while at the present moment the re-es-
adjustment of harmony, and the strength
that comes from harmony will be our best
security against nations who feel power
and forget right" For myself, it has been
and it will be my constant ain to promote
peace and amitv with all foreign nations
and Powers; and | have every reason to
believe that they all, without exception
are animated by the same disposition
Oar relations with the Emperor OF China,
so recent in their origin, are most friendly.
Cur commerce with his dOminions Is re
cciyins new developments and it is very
pleasing to find that the government of
that great Empire manifests satisfaction
with our policy, and reposes just conf
dence In the fairness which marks our in
tercourse The unbroken harmony be-
tween the United States and the Emperor
Of Russia is receiving new support from
an enterprise designed to carry Geographic
lines across the continent of Asia, through
his dominions, and so to connect Us with
all Europe by a new channel of inter
course Oar commerce with South Amer
lea Is about to receive encouragement by
n direct line of mail steamships to the
rising Empire of Brazil The distinguish
ed party Of men Of science who have re :
Gently left our country to make a scien~
tiiic exploration of the natural history and
rivers and mountain ranges of that reHion,
have received from the Emperor that gem
erOus welcome which was to have been
expected from his constant friendship for
the United States, and his well-known
zeal in promoting the Advancement OF
/ knowledge. y hope is entertained that
our commerce with the rich and pOpulous
countries that border the Mediterranean
/ sea may be large'y increased. Nothing
/ will be wanting on the part of this Gov
4 ernmcnt to extend the protection of our
I flag over the enterprise Of our fellow
citizens. We receive from the Powers in
! hat region assurances of good will; and
/ il Is worthy of note that special envoy
/ has brought us messages of coincidence on
/ the death ofour late Chief Magistrate from
/ the Bey of Tunis, whose rule includes the
+ old dominions Of Carthage, on the African
( colst
Our domestic contest, now happily en-.
/ ed, has lett some traces IN our relations
with one at least of the great maritime
/ Powers. The formal accordance of bel
/ Iigerent rights to the insgrccnt States was
4 unprece Tented, and has not been justified
/ by the issue Bus in the systems Of neu-
/ trality pursued by the Powers which made
/ that conc ession, there was a marked diff
/ ference The materials of war for the in
surgent States were furnished in q great
measure, from the workshops Of Great
Britain: and British ships. manned by
I British subjects, and prepared tor receiv-
ing British armamentS, sailed from the
ports Of Great Britain to make war on
I American commerce. under the shelter OF
/ a commission from the iusurEent States
/ These ships, having once escaped from
I British ports, ever afterwards entered
4 them in every part Of the world, to reft
/ and 50 to renew their depredations. The
/ consequences of this conduct were most
disastrous 70 the States then in rebellion
J increas ;ng their lesolation and misery by
tho prolongation Of our civil contest. 1t
i had. moreover, the effect to q great extent
70 drive the American flag from the SEA
an 10 transfer much of our ippinr and
our commerce to the very Power who's
objects had created the necessity for sucl
{ 4 change These events took place befor,
was called to the administration of the
Government. The sincere desire for peact
by which | am animated lei me to APP
prove the proposal, already made TO sub
nit the questions which had thus ariser
between countries to arbitration. Tn
questions are of such moment that they
must have commanded the attention of tbs
great Powers, and are so interviewer Will
the peace and interests oF every one o
th m as ~ have ensured an impartial de-
cision. | regret TO inform vou that Grea
Britain declined the arbitrameat. but, or
the other hand, invited Us to the forma
ton of Il Joint commission to settle mutua
claims between the two countries. from
which those for the depredations before
I ,,,ay,fs,,,a4 should L., ox.1-1oI III, -,