Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1874-12-09
Congress met ON Monday. The Pres

Congress met ON Monday. The Pres
ident's message is highly compimcntcd b.
all parties The following are hints of wha
it contains, were published on Monday.
And associated press despatch says
The presidents message was not quite com
pleted, owing TO delay in receiving The
report of the Districts of Columbia com
mssiouers, a reference to which will b.
added to the message, Monday morning
Although the President has shown the
Message to no person other than those oil
the cabinet and the copyists, there is the
best reason for believing 1t will contain
substantially the following points, founded
on an expression of the President to init
mate friends since the message was sub
mitted to and cordially Endorsed by the
cabinet on Friday last: The President
says that, although he did not commence
the preraratian of his message until week
ago Friday, some of the newspapers pre-
viously prognostlcatcd its contents, al
though he had consulted nobody as to
what it would contain. There is no doubt
the message will state that our relations
with all foreign powers are friendly and
without disturbance, though there is an
unsettled question with Vcneznula, which
has not paid the awards of the Joint com,
mission under the convention Of 1866.
Congress, it will be rccollected strongly
expressed its sense on this subject in Feb.
ruary, 1873. The President, in his mes
sage of last December, said there was
reason to believe the hesiancy Of that
republic in recognizing the claims sprung
in part, at least, from real difficulty in
dischargiDg them in connection with its
obligations to other governments, and
therefore the cxpedicncy of further for
bearauce on the part Of our government
was believed to be worthy of the consid-
Grafton Of Congress. In addition to Ven.
zuela VIC have unsettled questions with
Spain, growing out Of the affair Of the
Of the Virginiu, and other gricvous trans.
actions on the part of the Spanish outhor.
tiles in connection with events in Cuba.
The magnitude Of the offenses has not
been reduced since the Presidents prev-
Gus message, year ago. As this unset
tied condition of affairs IN Cuba cannot
long continue, it may become necessary
for other nations, with our own, to inter-
iere to terminate the instruction which
has so long prevailed, the Spanish govern.
ment having unsaccessfully attempted to
suppress it, In the mean time the com.
merce Of all countries, and especially that
OF the United States. suffers, the flags Of
the United States and England having
been iusulted. The president says In this
conversation, although he does not state
the fact in his message, that the United
States purchase about so per cent. of the
Cuban exports, and therefore the duties
paid by American citizens contribute to
this extent in helping Spain to continue
the war against the Insurgents. The
President had hoped that by the meeting
Of Congress, Monday, the present nogoti-
aions with Spain would have ended, but
in this he has been disappointed. He
therefore says in his message little Or
nothing about the indemnity, pending the
negotiations, out at future time will
present the subject to the special consid-
Grafton Of Congress.
The position Of the President on the
financial question is positive. lie desires
aud will recommend the resumption OF
specie payments at the earliest practical
day, but does not believe this can be
reached as soon as the first of January,
1876. He does not name any day, leav.
ing Congress to devise means TO secure
this desired end, it being the duty of Con.
gross to do 50. The legal-tonder clause
Of the currencya act should be repealed, to
take effect as to contracts mad, after the
day TO be fixed by law for its repeal.
Power should be given to secretary of the
treasury to obtain gold from and after the
date fixed by the resumption of specie
payments by the issuance of bonds. In
addition to this. the revenues of the gov
erument should be in excess OF the ex-
pendltures TO support resumption greater
economy should be practiccd in alIElcpart-
ments Of the government, aud if necessary
the customs and internal revenue laws be
changed, IN order 20 secure larger
amount of revenue. With the return of
specie payments, banking should be free.
bill-holdcrs should continue to be protect.
ed as at present under the banking law,
and there should be no Limitation to the
volume Of the currency, as the communi-
ty Itself should determine what amount is
required for business transactions, instead