The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-01-05

right not only TO- our sympathy but to recognition
by the ylgor ard determination OF its resistance to
me expressions or the mother country. Almost
from the beginning OF our National Covernment
Congress has furnished numerous precedents for the
av.On @ @ mere indlcated even when the people strug-
gnng Ut p liDery were not upon the American c0nti
meht Iney recognized Greece nIher efforts TO estab
isn ner nationality against Turkish oppression The
saIne spirit prevailed not only towards Poland,
Italy and Hungary, but to Ireland In all her move
ments TO regain her long lost nationality. These
countries had the unmistakable sympathy OF the
people OF the United States, and our public men, In
every branch OF the Government, never hestated to
speak IN their defense. In the case of the French
revolution, the statesmen OF America gave every
encouragement to the people OF that country to
ssiaolsn ssi republican form Of government. Upon
snis comment there are numerous instances OF
active sympathes with the struggles OF the people
ior liberty In various nations. In che OF Texas,
our unOleguised friendship, but obtained our recOg-
mtlon OF her Independent nationality, and soon
OF States.
IL is in singular contrast with these historic prece-
uehts tnat the people OF Cuba have as yet received
no national encouragement or recognition, while
tney are initiating the example OF our fathers, who,
SS SSb,ob coionists, O struck down the hand
selves a free and Independent government. There
Is no question but that the patriots OF Cuba have the
warm and emphatic sympathy Of great majority OF
the people of this and other States and but give
utterance to what is an abiding sentiment among
t tne masses when declare hearty sympathy with
te people or that Island now endeavorng to cast of
the yoke OF oppression fastened 80 long upon them
oy an lntolerant Government The gem OF the An
-,
all lntents and purposes, covered by the Monroe
doctrine so that whatever recognition the Govern
ment might extend to republicans Of Cuba, IL would
only amount to the practical enforcement of what
our nation has so long advanced in theory. Cuba
is an American island. Geographically it belongs
W lne united states. It's acquisition has been q
Leading principle with many of our ablest
statesmen from an early period in our his
tory Jefferson, Madison, Adams, Clay, Van
Buren, Buchanan, and many others advocated the
incorporation OF Cuba into the Union. 1t is
M n
prompt and decided policy a brave people may be
recognized as independent and the cause Of repub-
llcan principles receive new encouragement.
The management OF national finances is one
OF the most delicate and important questions now
III der consideration by the American people; and
while it is not my intention to offer any plan to set
Tie matter which seems 20 give so much trouble
to many OF our most experienced hnanciers, few
suggestions may not oe out OF place.
1t will be remembered that by the establishment
OF our national banks the best and safest paper
renoy That ever existed in this nation has been
afforded. Great caution should therefore be taken
not to mar q system that has been so generally
beneficial. When the Government established
the national banks, our State banks were
taxed out OF existence anc destroyed as SUCH
but in many instances they were renewed
10y the solemn enactment OF Congress, under whose
supervision they were promised a just kind, and
fostering care seems unjust, therefore, that the
Government should propose to withdraw part of
their circulation from them and give it to new ones
to be organized where none now exist. If new banks
should be created wherever they may be required
they should receive their circulation from an in
crease OF the amount now authorized by law, the
circulation 10 be the same as the banks now have
anu on the same Kind of securities. In my opinion
a policy Of expansion OF the currency should be
adopted that Will give ease and comfort to the
people, and that will cheer up and reassure our bus-
ness men and put the wheels OF commerce, manu.
factpres, and labor in full operation II will prevent
decline in the revenues derived from the tariff and
internal taxation and VIII save thousands OF citizens
from the crushing effects Of contraction. AS part
OF the same policy there should be no hesitation
about the abandonment OF the idea of reducing the
currency by the adoption OF any plan to curtai the
amount OF legal-tenders now in circulation
Ihe constant ana natural approach TO specie pay
mems Is Tie only safe mode, in my opinion, to ac
complish that desirable end. Any compulsory law
that may he enacted will In all probability fail
do not hesitate to say that the contraction OF
the currency at this time would be productive of
great injury both to individuals and to the general
interests OF the nation. Let there be liberal en-
Couragement OF railroads, manufactures, and every
project that Will afford employment ana compenSa-
tim to our toiling millions Encourage vigorous
strong treasury with gold sufficient to keep check
upon those who might be disposed to disturb the
natural tendency towards specie payments, or for
purposes OF speculation. There should be a steady
but moderate reduction OF the national debt q
funding of the present six per cent vetwenty bonds
in others, at lower rate OF interest, not by
compusion but by fair dealing, and the establishing
OF sinking fund, at such rate es will pay Off the
find the business of the country revivlng, but our
business men ready to expand their operations with
the greatest encouragement
The foregoing are the only subjects connected
with State and national affairs that | have deemed
of SUFFICIENT Importance offer for your considera
ton at the present time; and conclude by eXpress
ing the hope that your session will be marked by
harmony among yourselves and the members OF the
several state departments and your deliberations
result in lasting benefit to the Commonwealth.
JOHN w. GEARY.
Executive Chamber,
Harrisburg Jan. 5, 1SI0.J