Vermont daily transcript. [volume] (St. Albans, Vt.) 1868-1870, 1868-12-10

the value OF the paper cireuaton W"ulu VI a,
payments having been resumed by the govern az ~
ment and banks, all notes OF paper issued Nv a ln
either, Of a less denomination than s2o,, shonu IT,
nv law he excluded from circulation. so that W
The people nav have the benefit and conven, 49,
isnce of gold and silver currency, which. IN all ",
their business transactions. will be uniform IN +
value at home and abroad. Every man OF prop 81
erto or industry every man who desires to pre- ~
serve what he honestly possesses or 10 oDta'n =;
what he can honestly earn, has direct interest
in entertaining safe circulating medium, such q
medium as shall be real and substantial, not
Liable 10 vbrate with opinions, not subject TO be
blown up or blown down by the breath OF spec h
ulation, but to be made stable ana secure. +
dsordered currency is one OF the greatest =
political evils. 1t nndermincs the virtues ne, =
cessary for the support OF the social system ana
encourages propensites destructive TO us nap, =
piness it wars against industry, trugaiity ana =,
economy and it fosters the evil spirit OF extrav,
agance and speculation. 1t has; been asserted
bv one of our profound and most gifted states
| men, that sOf all the contrivances for cheating
the laboring classes of mankind, none has been
more effectual than that which deiudes the"
with paper money"
tilize fhe rich mans fields by the sweat of the
poor mans brow Ordinary tyranny, oIpres-
sion. excessive taxation, these bear lightly on
the hapuiness Of the mass OF the community I'M my
compared with fraudulent currency and the rob-
berries committed by deprecated paper. Our
own history has recorded for our, instruction
Y enough and more than enough OF the democrat
D oppression on the virtuous and the well DIS |
c posed Of degraded paper currency author
) lied by law or in any way countenanced by gov
i eminent. - :.
: It is one of the most successful devices IN
: times of peace or war, of expansions or revui-
l. sions to accomplish the transfer OF all the pre-
II cious metals from the great mass OF the peoP'ss
y | IN secret places or deposited under bolts ana
lie bars, while the people are left to endure all tne
Re inconvenience, sacrifice and demorallzatlon re-
lie sulting from the ola deprecated ana worth-
e. less paper. .
~ The Secretary of the Interior in his report
gives valuable information in reference 10 the
id interest confded to the supervision OF MS ae-
- partment and reviews the operations OF the
mt Land office, Pension Office, and the lhdia'' p"-
e. reau. m 1910
,o During the fiscal year ending June &c. .S6 6s
G. 655, o acres of public lands were disposed or
be The entire cash receipts of the General Lana
is Office for the same period were 81 632 745 beng
IT. greater by 1884, 1888 thsn the amount realized
ire from the same source during the PREVIOUS
ed year.
he 2329, 1923 acres, nearly one-sourth OF which wa'
ur taken under the act of June Fl, 1865: when ap
Sill plies only to the States of Alabama Mississippi
alto Louisiana, Arkansas and Florida.
the On the 3Oth of June, 1868, 100 CAB. name
AZ we're borne on the pension rolls ana curing ah
I'D year ending on that day. the total amount pa'e
as for pensions, including the expenses OF Gus us
OF bursement, was s24,0l0,9S2. being s.; 39l w
out greater than than that expended for ike pun
not During the year ending the 30th of septempte
de- last the expenses of the Patent office exceede
Ugh the receipts by sl7l and including REISSUE
gal and designs IA. 1853 patents were issued.
q or Treaties with various Indian tribes have bee
nd, concluded and will be submitted to the Sena'
ent for constitutional action. cordially sancto
suit the stipulations when PROVIDE Ior Iesea ~,
bic land for the various tribes wnere they Inhy
ltel encouraged to abandon their nomadlc napl
TRY and engage in agricultural and industrial pu
suits. This policy, inaugurated many a yea
tru since, has met with signal success whenever
the has been pursued in good faith and with Decor
rom ing lberality by tho United States The niece
amer sity for extending it as far as l'ractcape IN
we're relations with the aboriginal population
evils greater now than at any PreG' uinS r. cI,
ence Whilst We furnish subsistence ana lnstruct9h
con. the Indians and guarantee the undisturbed {
oyment of their treaty rights we should 81 Rdn
ma wooded and the safety of our frontier sett
laue The companies constructing the railway f.,
''ua- omaha to Sacramento have been most EMERGE
III ca,ly employed in prosecuting the work, and
ofes - renewed !hat tne line Will be completed beft
o.Hs the expiration of the next fiscal year.
Jaw The Secretary of the Interior in August |,
~ invited my attention to the report of Cover
n an ment Director OF the Union Pacific Raiiro
ana Company, who had been specially ipstrnctad
9 -. examine location construction and eonnma
n OF their road Submitted for the opinion of :
en a..orney General certain questions in regard
err the authority OF the Executive which arose II
EN- on this report, and those which had from Tin
hich ers appointed to insnant ar vne Oommlsslo
hose of the work After carefnIiv no aSne sectl,
the law of case he affirmed tba r;ht 10 u
ma, i've to order, Unnecessary, thorough reyisi,
wed OF the road. s'is'
the Il il the opinion of the Secretary CT War tn
lar, within the next year q considerable jiminpt,o
anu OF Inc infantry force may be made without def,
the ment to the interests Of the country. and
nrts view OF Inc great expense attending the milital
heir Of retrencbment wbenavar - 80 NV nece SSH
l.ed u hoped that Congl will sanction the redn
ae i Uea wnlch his report recommends While
nat sum OF s65 900 is estimated as NECESSARY r.
be the support OF the army during the fiscal yea
'rm ending June 3oth, 1870. '''
Inc estimates taa of the War Department for til
'ra lest TWO tsca years We're for 1867 s33 8I4 ael
heu ana Tor 1893, $2o 2O5.669. The annual expenIi
we lures during the some periods were respectiva
tit tit y sS5 AS, and sl2s 2leGas The estimate
nee submitted in December last, for the fiscal vea
,ad ending June goth, 1864, was S77, 124. 10Y
NY Inc expenditures for the first quarter endine
the tne s1th OF September last, we're SGT ,2I9.I;7
er, and the Secretary the Treasury gives s,s oo
'lal 0Oo MS the amount which will probably he rs
rus quired during the remaining three Quarters 4
oea there e, should be no reduction of the army max
me ing Its aggregate cost for the year considerahi,
o. in excess of 500 900 900. The difference hetao9
the estimates andthe expenditures for the fiscal
tx years which ha;e been named is thus shown ~
as De o45343 for this single branch of the ser
%. The report of the Secretary of the NAVY e..
Ter hiDits the operations OF that department and
nS tie navy uuflhB the year. A considerable ra
ne duct!on OF the force has been effected. There
ga are ~ vessels, carrying All guns in the six
0o squad ons which are stationed in different
e. OF the world Three of these vessels are retnr
10 inng to the United States, and four are used as
n store-shps, leaving the actual cruising forca az
IL vessels, carrying, 353 guns ' %
ng The Postmaster-G Generals report furnishes n
IS full and clear exhibit of the Operations and co.,
e. ditions OF the postal service The ordinary nos.
Is. tal revenue Tor the fiscal year ending lime tth
1868, was sl5 1872 6U0 and the total sSnend;tnra
10 embracing all the service for which special ap