Daily press and Dakotaian. [volume] (Yankton, Dakota Territory [S.D.]) 1875-1880, 1878-12-03
THE PREs1DnNr,s MrssAaE.

A large proportion Of our available space
il to-day surrendered u the remainder of
the second annual me~age Of President
Hayes which was deliverel to congress ven.
terday.
The neral tenor Of this document can.
not fail to NEE, the approval Of the great
majority Of patriotic people. The language
OF the president concerning political affairs
south will reassure all good citizens that the
authority Of the general government will
be used TO its full constitutional extent in
ponishing the ballot box polluters Of South
Carolina, Louisiana, and other sections
where this lawless element has been at
work; and there can be no question but
that the rigid enforcement of the law. with
no unnecessary delay, will have a,talutary
influence.
The presidents reference to Indian
affairs will be read with as much in
tersst BY the people Of Dakota territory,
- any portion Of the message
Not word ia given TO tbs notorious scan
dals which have grown out Of Hammond's
administration Of Missouri river affairs,
although the cou, try has been deluged with
reports of the most astounding discoveries
of fraud which Hammond has pretended 10
unearth. This is somewhat significant.
The subject is Of sufficient importance to
claim paragraph at least, and the absence
ofany a.lusion to it may be taken az an EN-
phatic expression Of doubt as to the authen-
ITCHY Of Hamnlond's wond. rful discoveries.
Whatever may be the Presidents opinion
concerning the transfer Of the Indian bureau
to the war department he declines to expre.s
It and leaves the reader to inference. Such
brief analysis as We have given to this por-
tion of the message has led TO the conclusion
that his excellency would prefer 10 continue
the present system.
The recommendation contained in that
portion Of the message wherein finances are
discussed favoring postal savings banks and
the issue Of bonds of small denominations
($25) bearing interest at the rate of 1885
per annum, is Of the most important charac.
ter to the country at large, and if adopted
BY congress and made law of the lands
will be productive Of the most salutary re.
suits. Its effect would be to call home the
millions Of United States securities now
held in foreign countries, and distribute
them among our own people to whom more
than hundred million dollars Of annual
interest paid by the general govern.
ment, would be disbursed. In other
words it would place our vast national debt
10 the hands OF our people, farmers, me
chanics, laborers in all branches, as we'll |
as capitalists, aud the interest paid by tie |
government, instead of being drain upon |
the resources Of the country. sappine its vi
talitv. and hinderipg its prosperity, would
serve to stimulate every branch of Industrial |
pursuits, awaken new enterprises and fur.
nlsh the means for pushing them forward.
Among all the remedies proposed for the
evils which sfflict the body
politics to-day, uone would work
specdier or mure complete
cure than the adoption Of methods by which
our great national debt Can be placed in
the hands Of our own people and the annu.
al interest paid thereon kept in Uncle Sans
family.