, 1866-12-14


the invasion of the rights Of the several States
10 thus atte npsing 70 make our General Govern
nent strong, We N Ike il weak. tts true strength
consists 10 leaving individuals and States Al
much ~ possible to themselves; "a making L.
self felt not 10 its projections not ia binding thf
States more closely 20 the centre, but leaving
each 70 nave da5ostrncted 10 its proper conssi'
tutional orbit"
Wise are the teachines Of men whose desds
and services have made them illustrious and
long since wthdrAWa IRON the scenes Of life have
left TO their country the rich legacy Of their ex
ample. their wisdi and and their patriotism
Receiving IN spirAtioas from their lessons let US
emulate them ia love ofeountry and respect for
the Constitution and the laws.
THE TREASURY.
The report of the Secretary of the Treasury a +.
fOrds N Ich inf0r rnstln respecting the revenue
and commerce of the cou TRY. HIS views upon
the currency an with references to n prHp-r ad-
justment of uur revenue sysie a. intern Al a. well
a. extern Al, are clG md Il t. tbs careful con
: deration OF Co Y ess. ID my lAsr annuu me,-
sage, expressed my general Views nJOn these
SUBJECTS. need now only to call attention to
the necessity of urryIng into every department
Of the government system Of rigid accOunta
biity retrenchment, aud wise economy with no
exception al or unusual expenditures. The ops
pre,sive burdens of tatAtiOn can be lessened by
such modification Of our revenue tax a. will he
consistent with the puolic faith AMI the leEiti-
ate ami necessary wants of the government
The report preseRts much more satisfactory
cInditIou of our IAnces than one year AGh the
most sangulne could have anticipated. Daring
the q &c Al year eu llhI the 30Ih of jnne 1865,
the last year of the war, the public debt was in
creased $94l,2J2 ,537, and on the 3lst of Octo.
her, 1865, it am IunIel to S2,74o.s5475O. Ou
h. 3lst day of October, 1866, 1t had been re-
ducel TO s., 3,55l ,3ln,O60. Tue diminution during
n .riod of fourteeh months, commencing Sep
tcmber 18th, 1865, aud ending October list, ls.
90, nt3Ing been S206, ,379, j65: 10 the last adnu-
al report on the state of the finances it WAS es.
timated that on The 3lth of June last, the debt
would he incre tSed SIl2.l94947. Daring that
period, however 1 was reduced S3l, 1886, ,356 the
receipts of the year having beeu $59, ,9O5 9O5
more, and the eIpen iitures $500, ,529, 235 less
than the estimate. NUIhIng could more clearly
IN licdte than these statements the extent aud
availability Of the national resources ard the
rapidly and safety with which under our form
of gov rnment great military aud naval estab
lishmentS can be dishursed aud ex penses red iced
from 4 Ir to peace footing. Daring the iScAl
year enlinE the 3Oth of June, 1856, the r-c-ipts
We're S558, ,03 $40 aud rGpeud lures, S!21.7jO,
$40, lie wing an available surplus Of SI27.25l,.
$50. II is estIm ,iel that The receipts for tue
Fl seal year eldiIg 3JIh Of June, 1867, will be
the sun of Sjl6.425. .O75 leaving ia the trea -ury
AsurpIus Of $I5S, ,633.3Os. For the 6.cal year
eldng the 3Jtl OF Jane, 1868, 1t is e>timIte
that the receipts will AmOunt to S436. 90, ,OOJ
aud the expe uiiur-s will be $3.50 267 ,64l, shaw
idZ excess Of S3j, 1872 $50 in fvor of government.
rheSe estIIuttrd receipts may be diminished by
II reduction of excess on import duties, but at
ter all nece 'siry reiucti ins nave been made the
revenue Of the present auI of following years
tll hFl..
charges on the treasury and leave large anuu.
al surplus to be applied to The, payment OF the
principal OF the deut. There seems now To he
no good reason why taxes MAY NIT be reduced
AMI the county advanced In population aud
wealth, aud It's deot oe extiu gusaed within tue
uext quarter of II century.
THE WAR DEPARTMENT..
The report of the Secretary of War furnishes
valuable aud important inform Iton in reference
To the operations of his department during the
past year. Few volunteers uOw teInAiu in the
service, aud they are being discharged MS rapidly
as they can be replaced by regular troops. The
army has ueea promptly pid; Carefully provi-
ded with medical treatment, we'll sheltered and
suoslstei, aud is 10 be furnished with brrech.
loading sm Ill arms. The military strength OF
the q It on has been unilnpaired by the discharge
of volunteers, the disposition of unseryiceabe
or per,,hAbIe stores, aud retrenchment of expen>
,Iitures. Sufficient war material to meet any
emergency has been retained. The disba NJ ded
volunteers stan d ready to respond to the Presi.
idential call. Large armies can be rapidly or.
gauized, equipped and concentrated. Tle fOrti-
6catiOns ou tue cIasts aud frontiers have re-
ceived, or are being prep ,red, for mole powerful
arm I'm 'ntS. Ike surveys, aud Il 1trnJr an | riV.
er Improvements are IN course Of energetic pros
ecutIOn.
Prep trations have been made for the ptyment
of the additional bOu ts authorized during the
recent session of Congress, under such regula-
tionS AS will protect tue Government from fraud
and secure to the hOnorably discharged soldier
the well earned reward for mis- fathfdlne5s and
gtllantry. More than six hundred MANNED sol.
ders have received artificial limbs OF surgical
operatiOnsi aud forty one national cemeteries
coutAInIuS the remains OF los, ,525 Union soldiers
have already been established. rne total esti-
innate Of appropriation is S25, POS, ,69s.
NAVY DEPARTMENT.
1t is stated in the report of the Secretary
oil the Navy that the naval force at this time
consists OF two hundred aud seventy fVe vessels,
armed with 2,35I gus. Vi these, lis vessels
are divided among seven squadrons Tue num-
Der of.meu in the service is $4,000. Great Ae4
ivity and energy Ilase beSl displayed by 9 | the
sQutdrOus, aud their movements nave beeu iudI-
eIods aud efficiently arranged, and in such man
ner as would oest promote American commerce
abroad. The vessels unemployed are undergoing
rep ilrs, or laid up uutl l6eir service may be
quired. Most Of the iron clad feet is at League
l'Iand, in the vicIaity of Phiiadeiphia-a place
winch, until decisive action shalt be taken BY
Congress, was selected by the Secretlry Of tue
Navy as the most eligible location for that class
ofvessels. 1t is important that a suitable public
station be provided for the IRON clad feet. II is
intended that these vessels snail be 10 proper
dIeon for any emergency, aud tits desirable that
the oil accepting League Island for naval pur-
poses, which passed tue House at its last session
S1Ouid receive its 6aAl AcII0a at early PERIOD,
10 order tn4t there my be suitable public sta,
Iion for this class Of vessels, as well ~ navy
yard Of an area sn.icient for the wants Of tue
service IN Tue Delaware RIVER. The naval pen.
sIou tuad nOaat, to $Il, ,750, 900, haviag beeu
Increased s., ,750, 900 during tue present year
fne expenditures 0f the Department. for the rs
cal year ending Both of Jaae Last 81, ,S!4, ,4s6
Atteutloa IS directed 10 rne condtiOn gf our Sc
men aud the Importance Of legislative measures
for their relief and improyenent. Tne suggss'
Iions 10 behalf Of this class OF our fellowsei,izee'
are e4russtIy yrecomnsnded TO the faForagis se'
1 ton ol Coagress. ...f..... s,,.,r. y. =