The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1875-12-08

The ststnsS Of is %sr,lan oms w
rnS nay msrIy foreigpers,snd Of defining more
| and also OF some further provisions regulating
or giving legal effect to the mslrisges of Ameri-
The correspondence submitted herewith shows
few Of the
CONSTANTLY. OCCURRING QUESTIONS
on these point presented to the contfderatioS,
Of the government. There are few subjects 10
| engage the attention ofcongress on which mora
delicate relations are depending. The month OF
July last the building erected for the depart
| ment of state was taken possession OF and occu-
pied by that department. / am happy to saw
that the archives and valuable papers of the
government In the custody OF that department
The report he secretary treasury snow.
the receipts from customs fer the fiscal wear
and for the fiscal year ending June 20, 1875. TO
have been sl57 l67, ~ IS, decrease for the last
internal revenue for the year ending June 80
ma were sl0S. 4Oe 7s4 60 and for the year ending
June ne 90 80, were $40 S. an increase OF
histo y OF the working of the department FOR
| The last year and contains recommendations for
reforms and for legislation which concur In
nne TO 4o space would permit, bu, wan
upon as vital TO the best interests OF the whole
people coming within the surview OF the treas
TOO much stress can not be rf1s ai1 @So.
this question and hope congress
ma may be induced at the earliest
the act OF the last Congress its la sesson s
bring about specie resumption on and amer the
nrst OF January, 1879. al the furthest. II
would be e great blessing II this could be con-
summated, even at an earlier day. Nothing
seems 10 me more certain than that a iulI,
healthy and permanent reaction can not
take place In favor of the industries and fnaS-
the measure OF standard recognized throughout
the civilized world. While we use currency
recogn1eS saand 20 this standard the worlds
modify he the productions Of the soil, the sur
plus seeking market wherever there is de-
should want none, nor would we have sny.were
IL not that the customs dues must be paid in
of the public debt in coin. ihe vie A of ,hs
precious metals would flow out for the purchase
OF foreign productions and leave the people OF
the United State hewers of wood and drawers of
wafer because ofthe wise legislation on
THE SUBJECT OF FINANCE
by the nations with whom we have deaIixgs.
L am not prepared to say that
can suggest the best legislation To
secure this end. Most heartily viii
commend and IL will be a source OF great grstin-
OF TO me to be able to
resumption. Unlimited II fiatIon would proba.
bly, bring about specie payments more speedily
ton OF the legal tenders In coin But n
would be at the expense OF honor
settling present liabilities, or, properly speak
Ing, repudiating them. They would buy nothinr
are few measures which seem
=. .na u De important in this connection,
By repeal o. so much of the legal tender acts
as makes these notes receivable for debts con-
racted aftes date to be fixed in the act ITSELF
should then have quotations at the real value
and not fictitious ones. Gold would no longer
healing Teaci Has %onid Sc; :. ,n sco1n
with the desire TO make the currency
manu- ,acturers and tradesmen OF every eaiIins,
could do business on fair margin OF profit,
value. Laborers, or all classes who work FOR
mP1s.ed pay . or salary, would receive more
You'd no ''aq longer '0e es CHARGE profits
he capitalists TO compensate for the
-isk of downward fuctuation in the value Of
ne treasury be authorized to redeem, say not
% exceed two million dollars monthly of legal
enoer notes, by using In their stead
LONG BONDS BBAhINa INTEREST
Il the rate OF BIS per annum, Of denominations
1arying from $500 70 $1,000 each. This
you'd in time reduce the l.g.l-
ender notes to q volume that could be
'ept anoat without demanding redempti in
arse sums suddenly; third, that ad dftfopat
'ower be given TO the secretary Of the treasury
4 the currency' incres.,n. the rsyspea
ng expen ses or both. 1t is preferable 10 dc
'o.h; anu recom M mat reduction OF ex-
10 ocne without inJuring the govern
n q, Quotations or crippling the amount due.
My one, think, il the restoration OF the duty
n tea and coffee. These duties would add
eived Tor Imports. and would, in no way, in
onsnmefs e.s sTtc des shs'e .s :sSss
ountries collecting revenue ffsn exI oru, and
they psss .sdScs the dr.
bis addition 10 the revenue, many
uties now collected and which
ave but an Insignificant return for the cost OF
Of the ee and d 70 the dire,
lenti0n those articles which enter into manu-
sscIes . OF a. Az duty paid suen
hen imported here and must be paid for by
ne consumers. The dulles not only come from
le consumers alone, but acts as protection 10
9teie in onr Of the same
lggester mention another subject bearing upon
le problem OF how 10 enable the secretary OF
e es, tsessn1s to aeeqmrIat balances 1t Is 70
yainst the government than at present exists
trough the Court Of Claims, especially those
otnins is MORE ser,.n than tbs she Late wsT
ntage or the amounts passed and paid are
.rtly or wholly fraudulent, or are far In excess
the real losses sustained. The large amount
i loses Rg91sn on good testimony; aoeording
Gus or unscrupulous persons 10 have been sus-
ined on small farms and plantations are not
ny iaS beyond the possible yield
II as every one knows who has experience in
ling the soil and who has visited the scene OF
e spoiiations, are In many Instances more
an the Individual clafman Is We re ever worth
GLIDING their perso. al and real estate. The
port OF the attorney general, which will be
omitted 70 congress at any early day. will
ntain q detailed history the awards made
ID OF the claims pending OF the class heretofore
fea red to. The
REPORT OF THE SECRETARY OF WAR
companying this message, gives a detailed
count Of army operations for the year Just
ssed, expenses for maintenance, ect. with
for legislation to which 1
'pectfully invite your attention. To some Of
csc i Yite IL snecially. Eirsf h.