Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1875-12-08

cd 10 The consider alton OF the Government. There
are few subjects 10 engage the attention of Con
grcss which more delicate relations more I'M
poI tant interests are dependent.
In the month July last the building erected for
the DcpaI tmcnt OF state was taken posse ION and
occupied by that Dcpm tmcnf. | am happy 10 an
nounce that the archives and valuable papers OF
the Government in the custody OF hat department
are now safely deposited and properly cared Tor.
TREASURY DEPARTMENT.
The report OF the Secretary of the Treasury
shows The receipts from customs for the fiscal
wear ending June -, l>aI, to have been SI6j LOB
S33 50, and Tor the ii,cal year ending June -, $50
t. have been SD. l6I I'D -; decrease for the las
fiscal year of - $50 III 81 Receipt, from internal
revenue for the year ending 10th of June 1874
were Sl0!, ioa's4 80, and for the year ending 3Oth
June, $50 were $1,000 495 Is; increase S15y7
7OS Is The report also shows "A complete history
of the working of the Department the last year
and contains recommendations for reforms nd for
legislation which concur IN, but cannot comment
on so fully as should like to do If space would
permit, but will coniinc myself to lew suy-es
IONS which look upon vital 10 the best interests
OF the whole people
QUESTION OF RESUMPTION.
Coming within the review Of Treasury >" II mean
specie resumption. Too much stress cannot be put
on this question, and hope Congress may be IN
duced at the earliest day practicable to insure the
contamination of the act of the last Congress, pass
ed at last session 20 bring about specie resumpton
On and after the lst day of January 1873, at the
larthest. 1t would he a blessing if this could he
consummated, even at an earlier day. Nothing seems
to to be more certain than that permanent re.
action cannot take place IN favor of the industries
and financial welfare of the country until return
to a measure of recognized standard throughout the
civilized world While we use a currency not e0uiy
aent to this standard, the worlds recognized stand
ard, specie become, Il commodity like the products
of the soil the surplus seeking q market wherever
there is demand for 1t. Under our present sys
tenn we should want none. would we have an Y
we're it not that custom dues must be paid in com
and because OF the pledge to pay interest OF the
public debt in com. The yield OF precious metals
would flow out for the purchase of foreign produc
tons and leave the United States hewers OF wood
and drawers OF water because of wiser legislation
on the subject of finance by the nations with whom
We have dealings. am not prepared to say that
eau shssest .n con'mendsI ~ r Sc te end
great qualification to me to be able to approve OF
any measure of Congress looking effectively toward
securing resumption. Unlimited initiation would
probably bring about specie payments more speed.
y than any legislation looking to.the redemption of
legal tenders in coin But 1t would be at the ex
pcnse OF honor The legal tenders would have no
value beyond settling present abl ties or properl
lily speaking reducatng them They would buy
nothing after debts were all settled. There are afetS