New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-12-08

iS'n8 tho ISSUE OF currency BY the 0atiOnaI
government
SHOULD BE hEPEALED.
To take effect - to all contracts entered
into after day fixed in the repeating act,
not to apply. however. TO payments Of salo
aries by government Or for other expendie
lures now provided by law to be paid in
currency. In the interval pending between
repeal and final resumption provision
should be made by which the Secretary Of
the Treasury can obtain gold as il may bee
come necessary from time to time from tho
date when specie redemption commences.
10 this might and should be added q reve.
nue. sufficiently in excess Of expenses to
insure an
ACCUMULATION or GOLD IN THE TREASURY
To sustain redemption. commend this
subject to SOur careful consideration be.
lieving that q favorable solution is attain.
able, and that if reached by this Congress.
that ihe present and future generations wili
ever gratefully remember it a. deliverer
from thraldOm Of evil and disgrace. With
resumption,
May be authorized with safety, giving full
protection to bill holders which they have
under existing laws Indeed, would re-.
gard free banking as essential: il would
give proper activity to the currency. As
more currency should be required for the
banks would be started, and in turn banks
would wind up their business when it was
found that there was superabundance OF
currency. The experience and judgment
OF the people can best decide just
! HOW MUCH CURRENCY Is REQUIRED
For the transaction of the business Of tho
| country. 1t is unsafe to leave the settle.
ment OF this question to Congress, the Score.
| tary of the Treasury. or the executives.
Congress should make the regulation undey
! which banks may exist, but should mako
OF redeemable paper currency that shall be-
| authorized. Such Importance do l attach
| to this subject and 80 earnestly do come
| mend it to your attention that give it
prominence by introducing it at the begius
| ming of this message.
| During the past year nothing has occurred
to disturb the general
| FRIENDLY AND CORDIAL RELATIONS.
| Of the United States with other powers.
The correspondence submitted herewith
between this government and it's diplomatic
representatives, as also with the represens
! tatives of other countries, shows a satiss
| factory condition of all questions betweeH
tho United States and the most of those
countries, and with few exceptions, to which
reference is hereafter made, the absence OF
| any points of difference to be adjusted.
The notice directed by the resolution Of
Congress of June II, 1874, to he given to-
terminate the convention of July II. 1855
| between the
| UNITED STATES AND BELGIUM
Has been given. and the treaty will accords
| lngly terminate on the first day of Julys
l775. This convention secured to certain
Belgian vessels entering the ports of the
United States exceptional privileges W hiof
are not accorded to our own vessels. Other
features Of the convention have proved sato
| isfactOry, and have tended to the cultivao
ton of mutually beneficial commercial i'm
tercourse and friendly relations between
the two countries. hope that negotiations
which have been invited will result in the
celebration of another treaty which may
tend to the interests of both countries, Our
RELATIONS WITH CHINA
Continue to be friendly. During the past
year the fear of hOstilities between China
and japan, growing out OF the land jag Of
| An armed tOrce upon the
ISLAND OF FoRMosA
By the latter has occasioned uieasihess.
1t is earnestly hoped. however, that tho
difficulties arising from this cause wi II be
| adjusted, and that the advance Of civ liza.
ton in these empires may not be retarded
by state Of war. In consequence Of tho
part taken by certain citizens Of the United
| States In this expedition. our represent.
| atives in these countries have beeE in.
structed TO impress upon the governments
! Of China and Japan the firm intention Ut
this country to maintain
STRICT NEUTRALITY.
In the event of hOstilitiea. and to carefully
prevent any infractiOD of law on tho bart
| Of our citizens. In connection with this
| subject ! call the attention of Congress to o
generally conceded fact. that the great pro.
| portion Of tho
! CHINESE EMIGRANrs
Who come to our shores do not COME yoiune
tarily. to make their homes with us. ana
! their labor productive OF general prosper.
| ity. but come undes contracts with bead
men who own them almost absolutely. In
I a worse form does this apply to Chinese
women. Hardly q perceptlble percentage
! of them perform any honorable iaDor. but
they are brought for shameful purposes. to
| the disgrace of the communities where they
are settled, and the great decentralization Of
| the youth of those localities. II this evil
practice can be legislated against 1t will DO
my pleasure, as we'll as duty, to enforce any
regulation to secure SO desirable an end.
1t is hoped the negotiations between tho
GOVERNMENT or JAPAN
And the treaty powers looking to the FUR.
Their opening OF the empire, and to the reo
mOval of various restrictions upon tradS
and travel, may. soon produce the results
desired, which can not tail to lnure to the
benefit of all the parties. Having on bra.
vl0us occasions submitted to the eOnsidera.
ton of Congress the prOpriety of the rec
lease of the Japanese government from tho
further payment of the
INDEMNITY
Under The convention of October =, 1864
and as no action had been taken thereon.
it became my duty to regard the ebliga-
tiOns of the convention as in force. and as
the other powers interested had Received
their portion OF the indemnity in full, the
minister OF the United States in Japan has,
in behalf Of this government, received this
remainder of the amount due to the United
States under the convention of Smnouski
4 submit the prOpriety OF applying the in.
come OF part, ii not OF tlse whole of this
sum. to the
EDUCATION N rHE JAPANESE sANGCAGB
OF . number Of young men to be uDf,9
obligations 60 serve the goyesnmens foe q
specified time - interpreters At the ie,ao
ton and eonsulafes IN japan. 4 limited
number OF Japanese youths might set eh1
same time Be educated in Ous own yernae,:o
lar, and mutual benefits would gesult 20
both governments. The importance OF bav.
ing OurOwn citizens competent and familiar
with the language of Japan to &C. AZ inter.
prefers and in other capacities connected
with the legation and cOnsuates in thaI
country can not readily be Overestimatets.
The amount awarded 20 the government
Of Great Britain by the
Mixed Commission
Organized under enc provisions % sf.~
II %