New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-12-07
THE PRESIDENTS MESSAGE.
n, N, S,nob and House Of REPRESENTATIVES 4:

chief Magistrate of this great nation 1T is with gratitude
to the Cyer all Good for the many benefits we enjoy
We blessed with peace at home and are without cd
dangling alliances abroad TO forbOde trouble with ter
ritory unsurpassed IN fertility, Of equal to tho
abundant support Of 5eO0OOO OF people, and Astounding
N every variety of useful minerals in quantity sufficient
To supply the world for generations with exuberant
sreps with variety Of climate adapted to the poduc-
u.u OF every species Of oars riches and suited to the
habits tastes, and requirements Of every living thing
with population Of OF free people, all speaking
one language with facilities for every mortal to acquire
educaon with institutions closing to none the ave-
nues famo any blessing OF fortune that may DO
coveted; with freedom OF the pulpit the press and the
school; with flowing into the National Treas
airy beyond the requirements Of the Government, hap
ply harmony is beng rapidly restored within our own
borders Manufactures hitherto unknown in our country
sprngiDg in all directions producing degree OF
National independence unequaled by that OF any other
power These blessings, and countless Others are in
trusted TO your and mine for safe keeping for the
brief period Of tenure Of Office. In short time we
must each Of the ranks of the people who
conferred upon our honors, and account to them
for our stewardship earnestly desire that neither you
nor may condemned by free and enlightened con-
stitucDcy, nor by our conscences
NEUTRALITY-SUSPICIOUS. CASE OF GEORGIA.
Emerging from rebellion of gigantic magnitude aided
asst was by the sympathy and assistance OF nations
with which we were at peace, eleven States
of the Union were four years ago left without legal
~ 49,
tracted, American commerce was almost driven from
the seas the industry Of oneha Of the country had
taken from the control OF the capitalist and placed
all labor ehtfny helongs-in the keeping OF the
laborer The Of restoring state Governments loyal
TO the Uuon OF protecting and fostering free labor ana
providing means for paying tine interest the public
debt has received ample attention from Congress, al
though your efforts have not met with the success In all
particulars that might have been desired; yet, on the
whole they have been successful than could have
reasonably anticipated Seven States which passed
ordinances Of secession have been fully restored to their
places In the Union the eighth Georgia. held election
at which she ratified her Constitution, repuO-
Hcan in FORM elected Governor members Of
Congress, State Legislature and all other officers
required The Governor duly installed and the Leg
lature and performed all the acts then required OF
them by the Reconstruction acts Of Congress Suisse
uueutly, however. in violation Of the Constitution
which they had Just ratified, since decided by the
Supreme Court the State they uuseatcd the coored
members Of the Legislature and admitted to seats some
members who are disqualified by the third clause OF the
Fourteenth Amendment TO the COnstitutlon-an article
which they themselves had contributed to ratfy Under
these circumstances would submit TO you whether
would not be WISE without delay TO enact law author
izing the Governor Of Georgia to convene the members
originally elected to the Legislature, requiring each
member tae the oath prescribed by the Reconstrue-
ton acts and none TO be admitted who ineligible
under the third clause Of the Fourteenth Amendment
The freedmen under the protection which they have
received making rapid progress in learning and no
complaints heard Of lack Of industry their part
when they received fair remuneration for their labor
The provided for paying the interest on the public
debt with all other expenses OF the Government
ample The loss of is the only result
Of late rebellion which has not received sufficient at
teution from you To this subject call your earnest at
tention. will suggest pansb which this object
may be effected, but WILL II necessary, make it the sub
iect special during the session OF Congress
VIRGINIA MISSISSIPPI, AND TEXAS.
At tho March term Congress- by Joint resolution, an
thozed the Executive order elections in the States Of
Virginia, Mississippi aud Texas, to submit to them the
Constitutions which each had previously in Convention
framed and submit the Constitutions either entire or
IN separate parts to voted upon at the discretion OF
the Executive Under this authority elections were
called In Virginia election took place the 9th OF
July 1862 the Governor and Lieutenant Governor elected
have been installed; the Legislature met, and did all
qured by this resolution and by all the Reconstruction
Of Congress- and abstaned from ali doubtful author
ity. recommend that her Senators and Representa-
ve that the State be fully restored TO its place In
the family OF States Elections called in Mississippi
and Texas TO commence on the 30h OF November 1862
and to last two days in Mississippi and four days In
The elections have taken place, but the result is
not known hoped that the acts Of the Legis
these States when they meet Will be such as
receive your approval and thus close the work Of
construction.
THE cURRENCY-THE NATIONAL DEBT.
Among the evils growing Of the Rebellion, and not
yet referred to- that Of rTedeemabe currency. IT
evil which hope will receive your most earnest at
1t a duty, and OF the highest duties of
Government, to secure the citizens u medium Of
change of fixed unvarying value. This implies return
specie basis. and substitute for It be devised.
1t should be commenced now reached at the earliest
practicable moment consistent with fair regard TO the
Interests Of the debtor GLASS Immediate resumption II
practicable would be desirable. 1t would compel the
debtor class pay beyond their contracts the premium on
gold the date OF their purchase, and would bring
bankruptcy aud ruin TO thousands. Punctuation, how
ever. the paper value OF the measure OF all values,
gold is detrimental the interests OF trade 10 makes
the OF business involuntary gambler for in all
sales where future payment to be made both parties
speculate what Will be the value OF the currency to
be paid aud received ] earnestly recommend to you,
then, such legislation will insure gradual return TO
specie payments and put immediate stop to nuctua-
tiOn ~ the value OF currency.
The methods to the former Of these asnumer
the speculations political economy To
the latter but way. aud that is to authorize
The Treasury 70 redeem its own paper at fixed price.
Whenever presented. and 70 withhold from circulation
al currency reduced until sold again for gold.
The vast Of the nation both developed and
undeveloped ought make credit the best earth,
with less burden Of taxation than the citizen has
dured for six past The entire public debt could be
paid In years; bat IL is desirable that the people
should be taxed pay In that time. Year by the
sbi TO pay 1t increases rapid ratio But the bur
den OF interest ought TO be reduced rapidly be
done without the violation Of The public debt
b represented Ia great part. by bonds having five
and from to forty years TO run bearing
terest al the rate Of six per cent and five
per cent respectively. IL is optional with the
Government 20 pay these bonds any period
after the expiration OF tho last time mentioned
Vpou their face. The tue has already expired whom
g,I. l.a s.1yop