, 1877-08-22

~ action has oeen sho"n BY subsequent
ia recommendations .un.ound. it, history h1'
ieen a'nvnlarty FREQ from e7orta to nttifz. II tor
.hs q snsea y ,h, "1 sectional and
tcen presented TOR IT, consideration or approval.
~ mission Is ~! to :iesst and bencht u sret II
sonmon eoanssy .nd II + ean hy .usse,s!on q
bringing .bout pf.etiea reforns IN ea.tom' t o. o.
eaorss II that behaif. '0-''N
Immediately on ths .s'ontnm Or dar'ng the
your tehsf wefe trsnsmitted 10 Congress- Ia ~ !.
rpect 10 Eeasnrcs That had received your spprosa.
md which we're At shat time pending IN Goneress.
fore Tho close of the session. then supposed 10 be
near near 4 hand; lns'ndea tn these were Tue eSpres.
leEa tender the re.establ,ehnent Of tbe ias mai
service between the Eat md the e.t: reri.lon
reciprocal trade relations The United Statts
And the Dominion Of Csnala. And also with The
!;+ntrai and South American states. Sodcnnite Or
questions al that time, nor has there been eincr.
Lid11T-liocsE sraTEH Or uHEAT nn1rAlN.
The action Of the Board on The subject Of the
Government In respect 10 the Ixh. .hnu.e .yAlctn
embracing resolution reGue'tin. the rrealdcni Of
tec United states to .ske measures !" srs,n hstua
ties ot dseat f'tttan, with vtrw Of securing in.
mnnlty, At lesst to the chipping ,ntcrc.t- of the
nusnu olsN.. H"A ths iuFlhel payment uf the
ment o! the hoard, Communicated .n hts Excel.
!eney tho President, ant ~. eonrtcous'y acknowl-
should receive due confederation. sInec tic inan. :
gn1aAon Of tho new Administration, ths subject
.. ha. asa,o bcsn , a;7ca npon the State Depart;
that It should receive appropriate attention
oy tue Goye.nment Soma Of Tic con.titn.
ipg tbls question 70 the notice OF Ihs admai.trs.
ton, and lave pressed TIC necessity nf action In
fes9eea 70 II u hoped that, facilitated by .he
ana f.a ss,on n.y. aag
6c taken. feanltlHx In ssIe entire abandonment by
Great bntatn of nj. uonreeiproeal t1.
pnttnr a torses of sessions by the couneit held
ss; ); ;sss i: s,;s i;
psescntcd 10 Coh2rees by memorial. and urged
upon ihs appropHstes Committees with such iotcc
o au Gs y s .st Gsa.: 1 se
cd was shc question Of the
cuRnRxcI AND FRANCES or TIE COUNTRY.
IL sessan o eonsss sef s.1 hs ss t o. the
lion Of u attention th.t tbo conncil were
woald he had IN this in,portaot rubecta The a ec-
ttrtpE uscmbeEh seen.sd little inclined to take DEF
tos q ,s .aen! qny pieT
esneta was nos deemed wt.e 10 pfe.s ueoG H.
"l3nX 4lelGltGt& t14k WefE Itkf1F
taucc bakiittio effect. Nothiu0 Of IN i2nnrt."t
character In respect 10 tho asfsuscmanf, j,rIexcs
to tc neeessasy for the huni cons1irnfnainn al ~
turn to specie paYmrpts hy tho cn1n,ry has hocn
Aecomn]kshcd beyond tho prn yisnns NJ H. nro1,,n
!naty act Of Jani,ary, 1875. and tbe nncstsnn ~.
mains $o-daY Is III thc lasl meeting NJ III. Wn,,g
The date dxcd bv law for lie rrde,nntfnn n catr
of tho circulating notes ixsurd by thc f:nrcrr:nt
is rapidly Approaching: IA vet koWeyer mi i,tiYc
preparation has been made fpr an ayrnt h" nsd
viii 80 mueh rasnon,,hiIitv r. ~. t,a. unsusnea
and much OF Interest to lhs welfare Of ths neo
pls The general credit Of this natlun, ~ indicat.
cd BY thu nafket.valuc OF it, funded securities,
and tbs diminished dscount Of it, duattpg or cur.
rencr Indebtedness, has been greatly Improved.
willis the status Vi onr foreign trade reiations dur.
inT the laas fiscal year has been much morr favor.
able 10 our exchanges than ever bcfurr, and il
highly EsttityIny, Tho general tnIustrfr. ~
the country. however, rema}u crrstj5 dcnrcasoi
Capital sttll stands alouf from enterprises
Involving it, permanent upc in promoting thOss
tntustFict. md ~ a result labor 10 To large ex.
tent unemployed. or at best employe cd at fcarce!y
tersuneratvs rates. EEtlenees Of q slowly 70.
turning prosperity arr not entirely wanting: bat
dtlsy Of tile hupedffSf retOycty. Eurrrstri
remedies for the prcae.ti condition Of dlsEnst aud
depression are abundant. and ure !abor'oney urged
upon the pHblit aftentleni but SO lar none tcems
to command 20 general an app1o.a1 "a to Indicate
nte Inat upon which the Judgment OF The masses
OF intelligent men can RELY ~ &Htc. likefY, to