The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1875-12-08

ed Offices or pursuit inconsistent with
American citizenship, and evince no IN
| tenton to return to the United states
until called upon to discharge some duty
to the country where they are residing
when they at once assert their citI@eh,
ship and call upon the representative oi
/ the government TO aid them IN their uh-
/ lust pretences. 1t is but justice 10
/ all boi,a fde citizens that no doubt should
/ exist on such questions, and that Congress
should determine by the enactment OF
law how tho expectation will be ac-
/ complished. and the change OF citizen
| ship established l also invite your at
tention to the necessity of regulating the
status OF American Women
who may marry foreigners, and Of dehh-
ing more fully that OF children born IN
foreign country, of American parents,
who may reside abroad and also OF some
/ further provision regulating or giving le-
! gal effect to the marriages of American
citizens contracted in foreign countries.
| The correspondence submitted here
with shows few Of the constantly
occurring questions on these points pre-
scented to the consideration OF the Gov
crnment. There are few subjects to en-
gage the attention of Congress on which
moro delicate relations are depending
During the month of July last the build
ing erected for the Department OF the
State was taken possession OF and occu-
pied by that department. l am happy 10
sap that the archives and valuable papers
of the Government in the custody of that
department are now safely deposited ana
| properly cared for.
The Report of the Secretary Of the
Treasury
| Shows the receipts from customs for the
fiscal wear ending June 80, 1874, 10 have
been $lG3 100, $3.50, and for the fiscal
wear ending June 80, 1875, to have been
! $l57lG7, 722.3l. decrease for tho last
fiscal year of IS, 1916, lll.oi. Receipts from
| internal revenue for the year ending
june 80, 1874 were $l02 400, 1880, and |
for the year ending June 80, 1879, were
$ll00O7. 1898, an increase of S15O,1'0, |
sos The report also shows complete |
history of the working of the department |
for the last year, and contains recon-
mendations for reference and for lcglSIa- |
ton which | concur in, but cannot com. |
mcnt on so fully rs | should like TO do |
il space would permit, but | will conline |
myself to few suggestions which look |
upon as vital to the best interests OF the |
whole people coming within the per
view Of the Treasury | mean
Specie Resumption.
Too much stress cannot bs laid upon |
this question, and | hope Congress may
be induced, at the earliest day practical
bic, to insure it. | am not prepared TO
say that | can suggest the best legIs-
laLion to secure the end most heartily .
commended. 1t will be- a source OF great
qualification to me to be able to approve
any measure Of Congress looking effect
lively towards securing resumption. I'm
limited imitation would probably bring |
about specie payment more speedily .
than any other legislation looking to the
redemption of legal tenders in coin, but
it would be at the expense Of honor. The
legal tenders would have no value be-
yond settling present liabilities, or, prop
erly speaking, repudiating them. They |
would pay nothing after the debts were
settled. L utIt arc u low ii'sNlN''S
which seem to me important in this
connection, which | commend to your
earnest consideration: First,a repeal ofso
much of tho legal tender acts as
makes these notes receivable for debts
contracted after a certain date, to be
fixed in the actitsclf, say not later than
the first of January, 1877. We should
then have quotations at real values, not
fictitious ones Gold would no longer be |
at premium and currency ut discount. !
A healthy reaction would set in at once |
and with it a desire to make the currency |
equal to what it purports to be. The |
merchants, manufacturers and tradcSmcn |
of every calling could do business on Il !
fair margin of profit. The money to
receive having an unvarying value Ia
borers and al classes who work for Sup |
uatcd pay or salary would receive more |
than their income because extra profits |
would no longer be charged by the capt. !
italists to compensate Tor the risk of "A |
downward nuctuation in the value OF the
currency. Second, that tue Sec
rotary OF the Treasury be authorized |
to redeem, say not to exceed $2O0O,OOO |
monthly of legal tender notes by issu-
ING in their stead long bonds bearing in. |
terest ut 3 and 25-l0O per cent per an
nun Of denominations ranging from 500 |
to 81 900 each. This would IN time re.
duce the legal tender notes to volume |
that could be kept atloat without demand |
ing their redemption in large sums sud |
denly. Third, that additional power
he giyen 10 the Secretary of the Treasury |
to accumulate gold for the final redemp-
ton Of currency by increasing thc
revenue curtaiing expenses, or both. 1t |
is preferable to do both, and recon.
mend a reduction of expenditures be |
made, whenever it can be done without |
impairing government obligations or
gripping the due execution thereof.
Measures for Increasing the Rcyc-
uuc,
One measure for increasing the revc-
nue., and the only one, think, is the re-
storation Of the duty Oh tea and coffee. |
These duties would add, probably, SIS,
100000 to the present amount received |
for imports and would in no way in
crease the prices paid for those articles
by the consumer. These articles are the
products of country collecting rcve-
nue. from exports, and as We, the
largest consumers, reduce the duties they
pr0portionately increase them. With |
this addition IL the revenue |
many duties now collected and .
which give but an insignificant.
return for the cost of collection, might !
be RENTED to the direct advantage OF |
consumers at bone. would mention
those articles which enter into the manu-
featuring Of all sort. Duty paid upon
such articles 60 directly to the cost OF |
articles when manufactured here and |
must be paid for 10y consumers. The d"-
ties not only come from consumer, at
home, but act rs n protection to foreign
manufacturers of the same competitive
articles in our own and distant markets.
h..r