The Findlay Jeffersonian. [volume] (Findlay, Hancock County, Ohio) 1870-1881, 1874-12-11

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I resumption commences. To this might
and should b. added revenue salhc-
/ ientIy in excess of expense 20 insure an
accumulation OF gold in the treasury 70
sustain redemption COMMEND tins
subject to your careful consideration, be
lieving that a favorable solution is at
tain8ble, and that if reached by this
Congress, that the present aud future
generations will ever gratefully reneIn-
berit as their deliverer from thraldon Of
evil and disgrace
BANKING.
With the resumption of specie pay
ment free banking may be- authorized
with safety, giving the full protection to
bill-hoIders which they have under eX-
isting laws; indeed. ! would regard free
banking as essential. 1t would give prop
er elasticity TO the currency. As more
currency should be required for the trans
action of legitimate business. new banks
would be started, and, in turn. banks
would wind Up their business when 1t was
found there was superabundance OF
currency The experience and judgment
of the people can best decide Just how
much currency is required for the trans
action of the business of the country.
Ii is unsafe to leave the settlement of
this question TO Congress, the secretary
of the treasury, or the executive. Con
gress should make the regulation under
which banks may exist, but should not
make banking monopoly by limiting
the amount of redeemable paper cur
rency that shall be authorized. Such i'm
portance do attach to this subject, and
4 4
tention, that give it prominence By in
Producing it at the beginning OF this
message.
INTERNAL REVENUE AND TARIFF.
The Secretary of the Treasury. in his
report. favors legislation looking TO spe-
Gle payments, thus supporting the views
previously expressed ia this message
He also recommends economy in apprO
priations; calls attention TO the loss of
revenue from repeating the tax on tea
and coffee, without benefit TO the CON
sumer, recommends an increase of ten
cents "a gallon on whiskey; and further.
that no modification be made in the
banking and currency bill past at the
last session of Congress, unless a modi-
fication should become necessary by rea-
son of the adoption of measures for re-
turning tc specie payments. In these
recommendations | cordially join.
would suggest to Congress the prOpriety
of readiusting the tariff so as to increase
the revenue, and at the same time de-
crease the number of articles upon which
dues are levied. These articles, which
enter into manufactures and are not pro-
duced at home, it seems to lie, should
be entered free. Those articles of man
ufacture which we produce a constitu-
ent part of, but do not produce the
the whole, that part which we do not
produce should enter free also. | will
instance fine wool dyes, &c. These ar
ticles must be imported to form part of
the manufacture of tine higher grades
of wooden goods. Chemicals used as
dyes, compounded in medicines and used
in various ways in manufactures, come
under this class. The introduction free
of dues of such woods as we do not pro-
duce should stimulate the manufacture
of goods requiring the use of those we
do produce and therefore would be ben
eft to home productions. There are
many articles entering into home man
ufactures which we do not produce our
selves, the tariff upon which increases
the cost of producing the manufactured
article. All the corrections in this re-
gard are in the direction of bringing Ia
Dor and capital into harmony with each
other and of supplying one of the ele-
ments OF prosperity so much needed.
AFFAIRS IN SOUTHERN STATES.
Your attention will be drawn to the
unsettled condition of affairs in the
~, -. 1 fl.
tember last, the governor of Louisiana
called upon me, as provided by the con-
and laws of the United States,
TO aid in suppressinG domestic violence
la that State. This call was made in
view of proclamation issued Onthat |
day by ID. B. Penn, stating that he was |
elected Lieutenant Governor in 1872,
and calling upon the militia of the |
State to arm, assemble and drive from |
power the usurpers, as he designated the |
officers of the State Government. On
the next day | issued my proclamation, |
the insurgents TO disperse |
within five days from the date thereof. /
and subsequently learned they had |
taken forcible possession of tile State |
House. Troops were taken by ne to |
support the existing State government,
but before the expiration of five DAYS |
the insurrectionary movement was prac-
-ically abandoned, and the officers of
the State government. with some minor
Exceptions, resumed their powers and
iuties. Considering that the present
State administration of Louisiana had
been the only government in that State
or nearly two years, that it has been
acitly acknowledged and acquiesced in
Is such by Congress, and more than
)nce expressly recognized by me, l re-
yarded it as my clear duty, when legally
allied upon for that purpose, to prevent
Is overthrow by an armed mob, under
,retense of fraud and irregularity, in
he election of 1872 | have heretofore
allied the attention of Congress to this
ubject, stating that, on account of the
rauds and forgeries committed at said
lection, and because it appears that
he returns thereof were never legally
it was impossible to tell
hereby vino were chosen, but, from the
'est sources of information at my COM
land, have always believed the present
tate officers received a majority of the
egal votes actually cast at that election,
repeat what | said in my special mes
age of February 13, 1873, that, in the
vent of no action by Congress, | must
ontiuue to recognize the government
eretofore recognized by me.
INTIMIDATION IN THE SOUTH.
IregreU TO say that, with the prepara-
ons for the late election, decided indi-
atlnn appeared, in some localities in
ne Southern States. of a determination,
V acts of violence and intimidation, TO
eprive citizens of the freedom of the
allot because of their political Opin-
ms. Bands of men, masked and armed,
lade their appearance. White Leagues,
nd other societies, were formed. Large
uantitieS of arms aud ammunition were
nported and distributed to these or
military drills, which mena-
ng demonstrations, were held, and
ith all these, murders enocgi were
Jmmitted TO spread terror among those
hose political action was to be supres-
d, if possible, by these intOlerant and
iminal proceedings. In some places
,iored laborers were compelled to vote
to the wishes of their employ
:, under threats of discharge, il they
1ne otherwise. and there are too many
stances in which, when these threats
ere disregarded. they were remoseless-
executed by those by whom they
ere made. ! understand that the Fif-
enth Amendment to the Constitution
as made 20 prevent this and like state
things, and the act of May 81, 1870, !
ith amendments, was passed 10 enforce
provisions. the object OF this being to
Iarantee, to all citizens, the right 10