The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1867-12-10

SON and property. If il were practicable
at this time to give them government of
their own, it is questionable to do So
But now they are permitted to elect Leg
islaturcs, organize States, and elect pres-
dents. No independent Government has
been maintained by negroes The mes
sage goes IN to argue the dangers Of the
extension OF the elective franchise, and
says that 1000, 900 of degraded slaves
yesterday cannot be made intelligent free
men to-day. The President is willing to
join IN any plan to better the condition of
the negroes in all rights save transferring
10 them our political inheritance.
The President alndcs to the uncountei
millions that the Congressional plan has
cost, and says it will increase the burdens
Of taxation, and may bankrupt us; "W C
must not lie adds, ''delude curse. YES
IL will require strong standing army,
and probably more than S2,000.O 600 per
year 10 maintain the supremacy of negro
governments when they are established.
The money thus thrown a say, if put into
sinking fund would Jay the national
debt in 10 years. 1t IS vain to hope the
negroes will mainta: IN their own ascenden-
cy."
lie discusses inc extent to which the
President ny 80 toward protecting the
Constitrn and opposing the uncon>titn-
tiona, asts of Congress, and says it has
car sd him much solicitude, and he be-
EovLs that Executive resistance to uncon-
stituional acts might IN high times Of
party EXCITEMENT lead to civil war. The
Executive would cOnccde much TO pre-
serve the peace but there may be times
when he would have to take Il stand re-
gardless of the consequences. The So
called Reconstruction acts do not come
within the purview just mentioned, though
clearly unconstitutional The people are
not wholly disarmed Of the power Of self
dfcnse In all the Northern States they
still hold in their hand% the right Of pro-
lection, tnd the late results of the ballot
shows, he says. that his faith in the pee.
pie WAS not misplaced.
The Civil Tenure Ill! is st discussed
nnl denounced as unconstitutional aud ex,
ira judicial, and productive of fraud ir
preventing the remyyal Of dishonest eff
&c g.
The President then deliberately discus.
scs the financial question, and invites TO il
the early consideration Of Congress. IT
comparing the currency circulation O.
seven years ago with now, he says thai
"thc striking facts make it the obvious
duty of the Government to take sucl
measures as will enable the holler OF It's
notes and those of the National Banks tC
convert them without loss into specie OF
its equivalent. A reduction of our cir
culating paper need not necessarily fol
low. This would depend on the law o
demand and supply, though it should b,
borne in mind that by making legal ten
der and bank notes convertible into coin
or its equivalent, their present specie val
ne would be EXCHANGED 100 per cent
The varied issues of our bonds and TIL
gold and paper interest of the same is al
luded TO at some length, and the Presden
declares that equal and exact justice re
quircs that all of the creditors of the Gov
eminent should be paid in currency G
equal value, not gold for one and pnpc
for another. He favors the measure @
retiring our paper currency that the re
turn Of gold and silver may cease to b
articles of traffic, and return to our ave
nues Of trade. "It is unreasonable to OK
pcct," he says, ga return 10 sound cur
rcncy so long as the Government, by con
; tinuirg to issue irrcdeemablc notes, fiji
the channels Of circulation with dcprecia
ted paper"
The attention Of Congress is earnesil
invited TO the necessity of thorough revi-
, ion Of our revenue system, and the larg
reduction in the number of articles take
is urged.
The President says that peace has bee
secured with the Inlians, hut that he In
no official details from the Commissioners
| The reports of the Interior, Navy, War
, and POST fice Depar ments. are brief
alluded to, but the figures have been put
lished already.
: Regarding foreign Affairs, the Pre,ider
says Mexico is relieved from foreign inter
position, and that peace reigns in Centrs
and South America The United State
were creditably represented at the Par
, Exposition, and at General Conferenc
of all nations there universal system {
gold coinage was agreed on. OF the ALI
bama claims the President speaks as 70
lows: "No arrangement has been reache
: for the settlement of our claims for Brit
ish depretaticns upon the commerce {
c the United States have felt it my dui
to decline the proposition of arbritatio
made by Her Mnjesty's Government, be
l cause il has hitherto been accompanied /
i reservations and limitations incCmpatib
= with thc rights, honor, and interests
; our country. 1t is net to be appreheudc
T that Great Britain will persist in her +,
!, fusal to satisfy these just and rcascnab
claims, which involv the sacred prime
% pie of non-ntervention, principle henc
II forth not more important to the Unite
o States than to all other commercial nj
q tons" The President says that treat
Il has been concluded with the King of Del
e mark for the cession of the islands of
l. ThopoS md 81 Inhns 10 tho ITn;t,