The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1867-12-12

men to-day. The President is willing
to join in any plan 20 better the eondi.
ten fytAe negroes in all rights save
tragsferriee tb them our political inner.
,Me Prs sdent aI,uda to tho amount.
ed4illione that he Congressional plan
h0fcost, md saU twin, inASease Tie
burdens of taxation, and may bankrupt
us. I'VE must not" he adds, "delude
ourselves. It will require a strong
standing army, and probably more than
$1,000 900 per year to maintain the sup
remacy of negro governments when
they are established. The money thus
throwna away, If put into sinding fund.
would pay the national debt in Is years,
1t Is vain to hope the negroes will main
tam their own ascendency. VHgt.l4t
lie discusses the, extent to which the
President may go toward protecting the
Constitution and opposing the unconsti-
tutional acts of Congress, and says it
has. caused him much solicitude, and he
believes that Executive resistance to un-
constitutional acts might in high times
OF party excitement lead to civil war
The Executive would concede much to
preserve the peace, but there may be
times when he would have to take q
stand regardless Of the consequences,
The so-called Reconstruction acts do not
come within the purview just mention
ed, though clearly unconstitutional
The people are not wholly disarmed of
the power Of self-defense. Il all tho
Northern States they still hold in their
hands the right of protection, and the
late results of the ballot shows, he says,
that his faith In the people was not mis-
placed.
: The Civil Tenure bill is next discussed
and denounced as unconstitutional and
extra judicial and promotive Of fraud in
preventing the removal of dishonest Of
ficers.
The President then deliberately dis
cusses the financial question, and in
vites to it the early consideration of
Congress. In comparing the currency
circulation of seven years ago with now,
he says that "the striking facts make it
the obvious duty of the Government to
take such measures as will enable the
holder of its notes and those of the Ma
tional Banks to convert them without
loss into specie or its equivalent. A re-
duction of our circulating paper medium
need not necessarily follow. This would
depend OH the law Of demand and sup
ply, though it should be borne in mind
that by making legal tender and bank
notes convertible into coin, or its equiv
alent, their present specie value would
be enhanced 100 per cent" The varied |
issues of our bonds and the gold and |
paper interest of the same il alluded to !
ut some length, and the President de- |
clarcs that equal and exact justice re-
bat Ill .Nf l,T = Al
Government should be paid in cur |,
rency of equal value, not gold for one
and paper for another. He favors the
measure of retiring our paper currency
that the return of gold and silver may |
cease to be articles of traffic, and return
% our avenues OF trade. at is unreas.
enable to expect he says, "a return to
4 sound currency so long as the Govern
nent, by continuing to issue irredeem-
able notes, fills the channels of cireula-
lion with deprecated paper
The attention of Congress is earnestly
invited to the necessity of thorough re.
vision OF our revenue system, and the
large reduction i'll the number of articles
Taxed is urged.
The President says that peace has
,ecn secured with the Indians, but that
le has no official details from the Com
nlssioners. The reports OF the Interior,
Navy, War and Post-Oliice Departments,
are briefly alluded to, but the figures
have been published already.
Reg&rdiug foreign affairs, the Presi-
lent says Mexico il relieved rom foreign
ton, and that peace reigns in
Central and South America The |
inited States were creditably represent /
Il at the Paris Exposition, and that a
'encral Conference Of al! nations there
universal system Of gold coinage was ]
greed on. OF the Alabama ciSims the
resident speaks as follows: NO ar
angement has been reached for the
ettlement of our claims for British dep
nited States. have felt it my duty to ,
eciine the proposition of arbitrati on
made by Her Maesty's Government, =
'ecauseit has hitherto been accompanied
y reservations and limitations incom-
latible with the rights, honor and in
efests OF our country. 1t il not TO be
rrreh"2dca that Great Britain vii!
'erslst III her refusal to satisfy these lust
nj reasonable claims, which involves
he sacred principle of non-intcrvention,
principle hencetorth not more import
ut to the United States than to all other
commercial Hations." The President
ays that a treaty has been concluded
18th the King of Denmark for the
ession of the islands OF st. Thomas and
{. Johns to the United States. The
resident asks pay for A laska of Con-
fc~S.
The President concludes as follows
he abuse of our laws by the Clandestine1
rosecution Of the African slave trade
rom American ports, or by American
llizens, has altogether ceased, and I'M
ef existing circumstances TO appTehcn-
ions OF It's renewal in this part Of the
'ofid are entertained. Under these cir
unatanees it becomes question
ihethcr we shall not propose to ,ier
i&esty. : Government a suspension, or
of the stipulations for
naval force for the sup
PRESTON OF that trade.
ANDREW JOHNSON
The Maine Farmer tells of a Young
nan and woman who got mario q i'm
'ethel last winter, and the next day the
Apply couple started on their honay