The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-04

Z Il,
are admonshrd that none but persons loyal TO
the United States will be allowed n voice In
/ the Legislative Councils OF the Nation, and
/ tho political power and moral IN fuence of Con
grcsS are thus effectively cxerted In the in
tcrcsts Of loyalty 10 the Government and
/ fidelity 10 the Union. Upon this question, SO
/ vitality Affecting the restoration of the Union
. and The p"Tmanency OF our present form of
/ government, my convictions, heretofore eN-
. pressed, have undergone no change. but, on
/ the contrary. their correctness has been con-
| firmed by reelection and time. If the adrnis-
sion of loyal members 10 seats III the rcspec.
tive Houses Of Congress was wise and cxpcdi.
Cnt a year ago, IL Il no less wise and cxpcdient
| now. |! this anomalous condition IL right
! now-f, in The cAact condition Of these States
a. the present time. II Is lawful to exclude
them from rcprcSen tafion do not see Thai the
| question viii to changed by The efilnN q! time.
Ten years hHace, If these States remain rs they
. are, the right OF representation will be no
strcngcr--ihe right Of exclusion viii be no
weaker.
. The Constitution OF the United States makes
* the duty If the President 20 recommend 10
Tho consideration OF Congress such measures
as lac shan Judge necessary or eApcdicnt. i
know Of 40 measure more lmp'rair"ly de-
mandcd 10y every consideration 81 aatiohal III
trrest, sound policy, and equal justice. Than
! the admission of loyal members irOm the now
uureprrs"utrd States. This would consum-
mate the WORK OF restoration and exert most
,aIutaTy influence IN The r.. establishment OF
wuuld tend greatly TO renew Ia" confidence OF
the Amur.c IN people in the yigor and stability
of their institutions. 1t would bind us more
! closely together ~ a nation and enable US 10
>hovr 10 The world the inherent and r"cupera-
tive power of 4 Government founded upon the
will Of the people, and established upon me
principles Of liberty, Justice, and intrltlgence
! our iu,rraerd stTcng III and enhanced prosper
i,y would iTrrfrasabiy demonstrate the fallacy
Of tho arguments against free Institutions
drawn from our recent national disorders ny
! the enemies Of republican government The
admission of loyal members from the States
, now excluded ircm Congress, by allaying
! foubt and apprehension, would turn capital,
! Eow awaiting an opportunity for Investment,
| into IN" channels of trade and industry. 1t
| wou!d alleviate the present troubled condition
of those States, and, 10y inducing emigration,
| aid in thr settlement of fertile regions now un-
! cultivated, and lead 10 an increased production
| uf those staples which have added 50 greatly
| 70 the wealth Of th1 ma lion and the commerce
| h" opened 10 our progressive people, ana soon
| the d,'ya<tatIUuS Of war would l." repaired,
| and all traces Of our domestic differences Ell
| faced from Ia" minds OF our countrymen.
| In our efforts 10 preserve 1" the unity OF Go
| Ncrumrut which constitutes u> one people
| by restoring HE States To the condition which
| they held prior 10 tn" rebellion, We should he
| cautions LIST, having rescued our nation from
| pcrils of Threatened disini"gration, we resort
| 10 cons uhdatIou, ana IN I'll" end absollt" dies
pCr ism. ~ 4 remedy for th" r"CHrr,nC" OF >llhI-
| lar troubles. The war having terminated. and
/ with ii All occasion tor tn" exercise q! powers
! OF doubtful ruustlfutionalty. We should has
| ten 10 bring legislation within III" boundaries
! prescribed hy the Cons tuition, and 10 return
! 10 the ancient landmarks tslahh-h"d by oar
| fathers for he guidance OF succeeding genera
! ;iou> THE Cons tIIuiiou which 1T any time
exists, until changed 10y an "Apirit ana aH-
! thcutIc act Of the whole people j. sa"r"dly
, obligatory upon III. Ii, III The opinion al
! 'ho people. the di, Iributiuu or mobilization of
! lii. constitutional powers be, III any pariicu-
| lar, wrong. l-'tIt be- corrected BY an amendment
| in tie way ~ which the Constitution de>ig-
mates. Bat let there /" nuchauG" 10y usurp!-
ton for - ait j. he customary weapon by
which fire." Governments are destroyed.
! Washington spoke these words 10 his
couulrylurn Which, followed 10y their
love AID gratitude, hc voluntarily -
tired from the ,arr> of public life. " 10
keep in all thIuus within the pal. ol
oar CONSTITUTIONAL powers and cherish the
| Federal | mon ~, the only rock of safety.
were prescribed ~ Jefferson ~ rules Of action
10 car~.tr - his country;ncn the tru" priuci-
pies ut their Constitution, and promote
union Of sentiment and action equally au>pi-
Clow~ 20 their happiness and safety. Jackson
held that the HrllDa Of The General Govern
mcut shouli AWAY bc strictly confined to III,
>ph"r" q! appropriate" duties, ana Jus tiy and
iurrIblv urged that oar Government i not &c
he maintained. nor our Union preserved, by
nvI>ioG> Of the rights and powers 81 the seve
raj States. In thus attempting 10 max" ouI
| General Government strong. We Ilak' u
weak. lis true strength consists in leaving
individuals aud STATES As much as posslbi" Il
lucmS"lNc s; III making Itself felt, not In ~
power, iul IN IlS h"H"rtnce not IN is coutro!
but III IT, protection not in binding the Stale
mere riuS"I, Ia ;ltr centre, but leaving each I,
move UuobStruCtrd in it's proper ""nst'tutionaI
orbit These are the teachings oil men whose
| deeds and services have nlaGc them Iliu>trioils
and wiO long since Withdrawn from III,
scenes Of life, have left 10 their country I'll,
Jich irtIcy of their example, their wisdom
aud their pttrioIsrH. Drawing fresh luspira
| ton from their lessons, lei lis emulate them !!
love Of country and respect for the Consiitu
lOu and the laws.
The report OF the Secretary Of the Treasury
afford. much information respecting the rev,
nue. and commerce OF The country. His view
upon tn" currency, and with reference TO
proper adjustment of our rcNcnu" system. IN
tcrnal rs VIII - lmpost, ar" colnmend"d IL
III" careful consideration OF Congress IN my
last annual message expressed my genera
| views anon ihr>" subjects i need no" onl!
call attention 10 the necessity OF carrying mt
every department of the Government sys
TEN Of rigid accountability, thorough re
trcnchment, and wise economy. with no eN'
rcptluual nor unusual expenditures, the op
Drrssi.c burdens OF taxation can be lvSsenct
by such modification Of our revenue laws "a
will h. consistent with tho pubic faith :tnt
the legitimate and necessary wants OF the Go
vtruluent.
The report presents n much more satlSfac
tory ,ouditiUa of our finances than one yeal
ago the most s;tuguiuc could have anticipated
During the fiscal year ending the 3uth June
1850 the last year Of the war, the public deb
! vas increased Sq4l ,4U2 iS7 and Oh the 3!st o
October, 1850. il amounted 10 S,14J, o3i, '1o
On the 3Ist day Of October, lS6b, IL had beeI
reduced 10 SOL. 81 COG, the dimiuution, III
ring "A period ~ fourteen months commencing
SrptrmLrr l. 1863 aud ending October 81, l>6C
having been S2OG $40 JG5 In the last annua
/ rrpprt on the state of the finances II WAS cSii
mated that during the three quarters Of III,
fiscal wear ending the 3oth OF June last th'
debt would be increased Sll2, l@4,@4 During
that period however IL was reduced S3l 100,
80, th,. receipts Of The year having been 49,
SDJ,su5 more, and the expenditures ZOO. 90, -.
less than the estimates. Nothing could more
clearly indicate than these statements the ex'
| tent and availability Of the national resources
and the rapcity and safety with when, unaei
our form Of government, great military AND
naval establishments can be disbanded, and
expenses reduced from war 10 peace foot
| ing.
! During the fiscal Year ending the 3pth OF
| June 1866, the receipts We're SOS 49, ga, and
| the expenditures 500, $40, leaving an avail
! able surplus Of e57,-Sl $50. II Is estimated
| that the receipts for the fiscal year ending The
s0th June 1857, Will lie sI55, 06l $50, and that
| the expenditures viii reach the sum OF 1910,
| i2s, O-> leaving in the Treasury surplus OF
| Sl5, 49,, sos. For the fiscal year ending Jun,
| 50, 1865 il is estimated that the receipts viii
amount TO $50, unp, 100, aud that theeNpcndttures
will Ice $50, az, GiI-showiug an excess OF eSd,
| 1898 III favor Of the Government. These
| estimated receipts may be diminished by Il re-
| duction OF excise and import duties but n leI
| All necessary reductions shall have been made
| the revenue of the present and OF following
| wears viii doubtless be- sufficient 10 cover all
| legitimate charges upon the Treasury, and
leave a lar.;e annual surplus to be applied 10