The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1874-12-07
THE PRESIDENTS MESSAGE.
A Few of the Points Made

A Few Of the Points Made
WASHINGTON. Decem Der 6.-The
Presidents message is not vet quite com
pleted. owing to the delay in receiving
the report OF the District of Columbis
Commissioners, reference TO which vii.
be added 10 the message tomorrow
/ morning. Although the President ha,
shown the message 10 no person, other
than members Of the Cabinet and the
copvi,ts. there is the beet reason for be,
lieying that II will contain substantially
the following points. founded on expires
sionS of the President TO intimate
friends since the message Wa
submitted TO and cordially eadors.d
by the cabinet on Friday last. The Pres.
ident SAYS that although he did not com
nlence the preparation Of his message un-
til week ago yesterday. some Of the
newspapers previously prognosticsted il
contents, although ne had consulted nC
body ss u what it should contain. There
i no doubt that the message viii state
that our relations with all foreign powers
are friendly and without disturbance,
though there is an unsettled ques-
ton with Venezuela which has
not Yet paid the awards Of the joint com
mission under the conventions Of leGe
and 1866. Congress. it vii! be recolircted.
strongly expressed is sense on this sub
iect in February. 1873. The President,
in his message last December, said there
was reason 10 believe that the hcsitancy
in recognizing the claims Of the republic
Of Spain, sprung. in part at least, from
the real difficulty in discharging them in
connection with IL obligation to other
governments and. therefore. the cNpeGi-
encY .: further torbearancr OH th" part
o.: our government. wa believed 10 be
worthy Of the consideration Of Congress.
Unsettled Affairs with Spain.
In addition 10 Venezuela. We have
unsettled questions with Spain, growing
Out Of the affair of the NirglniUs and
other rrievou, transaction, on the part
Ui the Spanish authorities in connection
with events in Cuba. The magnitude o;
the otfens., has not been reduced since
the Presidents previous message year
AGO. ~ thi, unsettled condition oI
affairs in Cuba cannot long con-
tinue, it may become necessary
FOR other nations. with our own.
10 interfere to terminate the instruction
which has 80 long prevailed. the Spanish
government having unsuccers!u!.y At
tempted TO supPres, It. In the mean-
time the commerce Of all countries. and
e.per,silv that If IN" United State.
,utirr.. the lags Of the United State and
England having ben ir>ul:"d. IN"
-.dcnt. in conversation. although b"
doe, no. tat" tn" fact in his message
,avs that the United States purchase
about 50 per cent Of the Cuban exports,
and therefore the duties paid
bv American citizen, contribute
to this extent in helping
Spain continue war against thein>urgcnt'
The President had hoped that ty ih"
meeting Of Congress, tomorrow, the
prc.nrt negotiations with Spain would
have been ended. but in this he has been
disappointed. He therefore says in his
.ne,sacr. Iii;lc Or nothing about III" in
dcsnnity pSniing negotiations. but AT Il
future time will pre>cn, the subject 10
the special consideration Of Congress.
The Financial Question.
The position Of the President oR tb"
financial question is Pos.;.ye Il, fol-
lows. Notwithstanding th" former
.p.cu'ations + those who >pok" without
authority. H. desire, and will recon-
mend the resumption OF .Pecle payments
a: the earliest practicable day. but be
doe: no; believe this cau bc reached ~
soon A. the first of January. 1876. He
I,cs not nau- any dsv. leaving Congress
t. devise means 10 Sc .ure this desired
end. il being the duty Of Congress 10 DO
-. The icga. tender clause oi th" cur
rrrcv act should be repealed, to take
effect - - contracts made after
A day t. be fixed by law for
I. repeal. Powers should - given -
the Secretary of the Treasury to obtain
cold from and after the dat" fixed ior the
resumption Of specie payments by All Is
.uancr Of bonds. and IN addition to thI-
the revenues OF the government should
h.. in excess of the expenditures. To
support resumption grctter economy
should be practiced in all departments %;
.b,. government. an if H"cc>,ary the
customs and internal revenue laws should
-. change! in order ~ secure larger
amount of revenue. With the return Of
-p,cie payments banking should b. free.
The bill. holder, should continue :" be
protected, as at present, under
;nr banking law. There should BE- no
limitation to the value Of currency. a.
community it-eif -h"uld det"Tmin" what
amour: is required for tu-incss tran.H"-
tons. instead Of leaving the Executive.
Secretary @: the Treasury and C"nGres,
~ tx the limit. 1t would be the duty 90:
Congress. however. 10 make regulations
regarding free banks issues, and 70 state
,hr conditions on which they can ~ or
yanizcd and transact business the I~s.s-
ls,,on 10 b.. in accordance with the new
order OF things. or in other word, the
RESUMPTION Of speric payments. Iher"
should bc no monopoly by fixing the
amount of issue. The Pres;den; Vii!
recommend that Congress DO no; inter
fere with tn" present currency act,
pa,>cd during the last session. unless "a
amend il 20 a. - conform with 4 plan
for the resumption Of specie payments.
Internal improvements
The President VIII make 10 recon-
,nends;ion on the subjec; o! in
ternal improvement, by the genera
government but will merely refer =
be- iact that Congress has a,resdE
appointed q committee on tran, ports
tion route, - the >c4hoarl, which ha-
already made it. report. and VII give
further information from more recent
Investigations. The President devot~-
much space - the affair in Arkaasss
giving reasons WHY he dec"hod u inter
fe-e in the resent difficulties in ths; Stat.
snd ne adve-ts tc fact. narrated IL NJ
special message to Congress in February
Is73 relative 20 Louisiana, in which h