The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1868-12-23


payments having been resumed by the
Government and banks, NIL notes or
bills of paper issued by either of a
less denomination than twenty dollars
should by law be excluded from cir.
culation, 80 that the people may have
the benefit and convenience Of gold
and silver currency, which in all their
business transactions will be uniform
in value at home and abroad. Every
man Of property or Ind dustry, every
man who desires to preserve what he
honestly possesses, or to obtain what
he can honestly earn, has direct
interest in maintaining safe oirou-
lating medium-such medium as
shall be roal and substantial, not lia-
BILE to vibrate with opinions, not sub.
ject to be blown up or blown down by
the breath Of speculation, but TO be
made stable and SECURE. A disorder
cd currency is Que Of tho greatest
political evils. 1t uudermines tho
virtues necessary for the support of the
social system and encourages propen-
si.ies destructive Of it's happiness. It
wars against industry, frugality, aud
economy, and it fosters the evil spir.
its of extravaganza aud speculation.
1t has been assorted by one Of our pro.
found and most gifted Statesmen that
'sof all the contrivanoes for cheating
tho laboring class Of mankind mono
has been more effoctusl than that
which dcludes them with papor mon.
cy.1 This is the most effectual of
interventions to fertilizn the rich
MANS fields by the sweat Of the poor
mans brow. Ordinary tyranny, op.
preston, excessive taxation, these
bear lightly on the happiness of the
mass of the community compared with
a fraudulent currency and tho rob.
berries committed by deprecated pa
per. Our own history has recorded
for our instruction enough, and moro
than enough, of the demoralizing ten.
dency, the injustice and the intolera.
Bile oppression on the ivirtuous and
well-disposcd of degraded paper
currency authorized by law, or il any
way oountcnanced by Govornmont.--
1t Is one Of tho most successful dc.
vices in times of peace or war, Of ex.
panslons or revulsions, to accomplish
the transfer of all tho precious metals
from the great mass of the people into
the hands Of u few, where they are
boarded in scoret places, or deposited
under bolts aud bars, while the peo-
pie are loft to endure all the inoon.
venionce, sacrifice, and demoraliza.
tion resulting from tho use of depre-
ciated and worthless paper.
The Secretary of the Interior in his
report gives valuable information in
reference to the interests confded to
the supervision Of his department.,
and reviews the operations Of the
Land Office, Patent Office, and the In
dian Bureau. During the fiscal year
ending June 80, 1868, six million six
hundred and fifty-fve thousand, seven
hund-ed acres Of public land yere dis
posed Of. The entire cash receipts Of
the General Land Office for the same
pcriod were one million. six hundred
and thirty-two thousand, soven hun
dred and forty-6vo dollars, being
greater by $284,88 than the amount
realized from the same sources during
tho previous year, The entries under
the homestead law cover 2,828,923
acres, nearly one fourth of which taken
under tho act Of June 81, 1866, which
applies only to the States Of Alabama,
Mississippi, Louisiana, Arkansas and
Florida. On the 3Oth of juno, ] 96S,
one hundred and sixty-nine thousand
six hundred and forty-three names
were borne on the pension rolls, and
during the. year ending on that day
the total amount paid for pensions,
including the expenses of disburse.
mcnt, was $24,0lO, ,9S2, being $5.39l,-
025 greater than that expended for
like purposes during the preceding
year. During the year ending tho
30th of September last the expenses Of
the Patent Office exceeded the re.
oeipts by one hundred and seventy.one
dollars, and; including Reissues aid
designs, fourteen thousand one hun
dred and fEy-:hree patents were is
sued. ai1.t 6@5.fs
Treaties with various Indian tribes
have been concluded, and will be sub
mitted;to the Senate for its constitu.
.tional action. I cordially sanction
the stipulation which provides for re-
serving lands for the various tribes
where they may be encouraged to
abandon their nomadio habits and ens
|;gagelin agricultural and industrial
pursuits This policy, inaugurated
many years since, bns met with signal
success Whenever 1t has been pursued
/ in good faith and with becoming lib
;eralityaby the United States The
necessity for extending, as far 40
ipraoticable. orr relations with abo-
|riginal populations is greater now
than at any preceding pofiod. Whilst
we furnish subsistence and instsuo.
,tion to thoiIndians, and guarsntes che
I.pnd;ssurbed enjoyment Of their treaty
al Ill Lx1sa.an11., "A =.