Smyrna times., 1874-12-09

A"S'lOGNI MESSAGE.-ThG second
session OF the forty-third Congress convened at
Washington on Monday at noon, and will con.
unue IN session uatil the 4th of March next
When Its term expires. Mai LoAapd's farm
also expires at that time.
The Presidents message was read in bo,b
Houses at o'clock-an hour after tho o,on;n,.
OF the session. 1t is very long documsnt
we only have room to present an outline of il
to our readers, that they may see its drift
The Business Rrostration. This il the 6rs,
poInt treated upon. The President cali, atten.
tlon 70 the fact that this depression has occur.
Ieu "h@n the country is in the full endowment
y! 'nFee OF the greatest elements OF prosperity.
VIZ an abundance of capital, which cnuII ba
had at fair terms when backed bv yoo6 Sacur;'
~ an abundance of labor at fair wages ord
Win agricultural resources so far beyond onr
0"n wants as TO enable US to supply other Iess
favored countries. The message then in q
plain. strong way proceeds to trace the canse-
OF thls lncongruous condition Of affairs. The
main cause is our habits Of speculation. luxn.
~ ana extravaganza OF expenditure, both an n
na!"n ana as lndIyldusls, which has involved
US 10 neavy foreign indebtedness And thsr
our system Of currency-it is imnoss;hlo 80 !
keep 1t on par with the only recognized cur.
rency OF the world, gold. Hence il is subisct
70 constant fluctuations and uncertainty This |
brings losses by fluctuations in values 10 labors
log people and saIarled people, who, according
70 ths view taken In the message, suffer the
greater part OF the burden caused by the exist.
ing prostration. The President finally arrives
at the conclusion that, if we would make an
advance towards the certainty and steAdiness IN
values, and towards utilizing our idle canI,.i
ana employed labor, we must take immediate
steps towards returning TO a specie basis. To
20 tnls end he recommends: First that the
!egai tender laws be repealed at a certain dav
% the future 10 be named in the renealin1
act second. that provision shall be made N
enable the Secretary OF the Treasury 10 obtain
Roid as Il may become necessary from time 70
s'me Atter the arrival OF the period to be fixed
Tor the resumption of specie paymept,. and
third, that measures shall be adonted to secnre
snch an excess OF revenue over expenditures ma
VIII accumulate gold TO sustain the REDEEM ntion
OF the currency.
The South. With regard to the politicar I
situatIoa IN the South, the message recites tLe e
disturbances arising out of the rival clsims to
Ine state Government in LouSians, and while t
'ta.lng that, on account Of the election frauds
inu iorgerleS committed at the Gubernatorial {
election there in 1872 10 is imDOssible IN tell a
Who was elected, the President had aIwsvsl a
'e'leVed that the present State officials had
ecclved majority of the legal votes. and had I
ecogniEed them and he repeats the notifca. T.
ion IN his message Of February, 1873, that if +
congress takes no action to the contrary. he 4
u u continue to recognize them as the lawful n
government OF that State. Referring to the
ilspute IN Arkansas, the President recites the
sases which led to the rival claims for the L
fO'ernorSnlp there, and says that as Congress v
no" investigating the political affairs of that =,
''aos ne hss decNned to Interfere. The Preu. :,
eat then invites the attention of the psople ID
= inc United States to the causes and effects u
'uSSs unhappy events, suggesting that thero
'V os disposition on one side To magnify II
'r11%s aud outragss, and on the other to 81
ehttie or Justify tn Sc which really exist. He III
urthsr suggests that if a corrected public ac
.''' were 50 direeied as to rebuko wrong in
eklStS, aud not TO assert il where Il A
&c, not exist, We would tho sooner have that
o"didoa OF peace in the Southern country r.
hicn would leave the States there free inleed 81
} regulate their own domestic affairs He he rs
ewes that the bettOr part OF tbs citizens of the r
outnsrn States ara disposed TO be law .abid- s,
Y, but asks il they do right ia ignoring n
loience and blOOdshOd. Hesym mpathizes with n,
lelr prostrated condition in the trying times
iey nave had under bad State Governments,
the oppressive taxes that have been imposed as
them tor wAsteiul purposes, and would do ga
. 60 hls power to relieve them, but he thinks iiI
icy ere not without their respon 'lbity for nn
leir condition The whole subject Of EEecu. sc
Vs interference with the affairs Of State is de
pugaant 10 public opinion and to bis own no
e"bgs Oness most clearly on the side OF
70 law, such interference becomes q crime st
"a q with the Law on its side it is condemned sh
itheut hearing. gr
Foreign NdtioH&--During the past year "
,thIng has occurred to disturb the general of
leodIy relations of the United States with ste
reign nations Some plain talk Is indulred bu
10 favor Of Cuba, however. The depIorable
rife continues there, says the President. with tor
oh Jack OF success on the part of Spain after Fr
six years effort to suppress it, that some ma
atlRs stepS-on the part OF other powers may COZ
como a matter Of self-necessity" This is th.
rong talk. n" ''.- .f-u .'f a..zIs- ba,
Lonestc Csacesas. There are several recon tht
eDdatOns under this head about children Of Or,
Dencah parents oOrn IN foreign countries, OF anC
@erlSln women who have married aliens. &c Ing
encourage ship building he recommends ms
at ample compensation bs given to American are