The Brookhaven ledger. (Brookhaven, Miss.) 1875-1883, 1879-12-04

SphStt'' -
Neither House did anything that aay.
except to listen TO the reading Of The
Presidents message. The document Is
entirely too long for our columns, and
we can only give a synopsis OF il.
The President congratnlates Congress
on the successfui execution Of the re-
sumption net; ssncethe Hrst OF January
all United States notes have been re
deemed upon presentation; the re-
symptoms specie paymeits has been
followed by a general revival OF bust
ness; $50. 200. 900 in gold has been
brought to this country from abroad,
np to November 18th, for our mann
facturod and agricultural produets;
since the resumption OF specie pay
ments there han been an Improvement
in our pnhlic credit; bonds Of the gov
ernm. mt bearing oaly four per cent in>
terest nave been sold at or above pnr.
sufficient in amount to pay off all Of
tho national debt which was redeemable
under present laws; the amount of in:
terest saved annually by the process of
refunding the debt. since March LIST.
1877, is $l4. 297, III; the amount of the
national debt winch natures within
less than two years ia S791,l21. 700. OF
which 500. 900. 600 bear interest at the
rate Of Ave per cent, and the balance is
in bonds bearing six per .ceut interest.
During the last fiscal year our coin
age of gold was $40, CSC. al2; tbe eoip>
age of silver dollars mp 70 November
LIST. was SIS, 0o0,s $50 of which 3l2, 7oo.-
344 have been issued by the Treasury
and are now in circulation. and $32,-
800. sos are still In possession of the
government.
The Presiden. recommends that Con-
9ress refrain from legislating on the
equality of gold and silver; the great
revival of trade, internal and foreign.
will supply, during the coming year.
its own instructions, which NAV we'll be
awaited before attempting further ex>
detrimental measures with the coinage;
he urges upon Congress the Importance
of authorizing the Secretary of the
Treasury to suspend the coinqge of
silver dollars upon the present legal
ratio; the market value of the silver
dollars being uniformly and largely
less then the market value Of the gold
dollar, it is obviously impractiosble to
maintain them st par with each other
If both are coined without limit.
He recommends the retirement from
circulation Of the United States notes,
and says::it is his firm conviction that
the issue of legal tender paper money
based wholly zpon the authority and
credit Of government, except in ex-
treme emergency, is without warrant in
the Constitution. and a violation of
sound financial principles. The Presi>
dent is, evidently. not a Greenbacker.
He favors the continuance of the
sinking fund law, as a means Of e1-
tinguishing the public debt; and would
like to have a duty put on tea and
coff4e.
The Mormons should be squelched,
and their lawless acts demand the at,
~tention of every branch of the govern
ment; Utah ought to be admitted to the
Union rs a State, but she is too bad, too
bad, to be taken into the brotherhood,
or compact, as it were; Congress has
passed a law to suppress Mormonism,
but it has been a dead letter; it SHOULD
De firmly executed; if not strong
enough, let Congress doctor il; if
Utahians won't obey the laws, let them
be treated as Confederate Brigadiers
were deprive them of citizenship.
The late elections are briefly referred
to, but as they were satisfactory to the
President and the great Republican
party, comment is reserved by the
Chief Executive.
The attention of Congress- has be-
fore been called to the subject of re-
forming the civil service, says the Pres.
ident, (now don't laugh and he intend
ed to send in a report on this subject,
but had been waiting to hear from
Great Britain; he has heard from there,
and proceeds to deliver a long diserta-
ton on reforming the civil service, as
though be aud satellites had never vics
lated it. For cheeky impudence. com
mend us to his Fraudulency.
"Our relations with foreign countries
have continued PEACEFUL" because we
have never resented any of the insults
offered. we suppose.
English interference to American
fisheries aid restrictions against send
ing beef to England; saving of life
and property on the lakes; the Mel
bourne exhibition; the new French
cable; the Cuban instruction; the
Last Florida claims; treaty with the
Netherlands; questions with Switzer-
land andthe German Empire; withdrawal
of the. legation to Greece; Cleopatra's
needle; the Chinese; Mexican invasions
and claims; the Nicaragua canal; the
war between Peru, Bolivia and Chill:
trade with South America; Venezuelan
revolution; II privileges on the Sa-
moan Islands; Roumania and Servia;
increased trade with Europe; necessity
of q government in Alaska; Indian
hostilit,es. are questions referred to by
the President.
The ordinary revenues from all
sources for the fiscal year ended June.
80, 1879, we're S273,s27.1 1874 46; the or
binary expenditures for the same peri
cd were 1896. 947, 1888 So; leaving a sur>
rlus reyenue for the year Of $685.
Sn0 "a,