The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-12-11

These notes were authorised as n war measure,
m de necessary by the exigencies OF the con |
hict IN which the United states was then en-. |
gagged. The preservation OF the Nations ex- |
istence required In The Judgment " Congress- |
an issue OF legal-teDder paper money. That 1t |
served well the purpose for which u was Great. !
ell is not questioned but the emplOyment OF the
notes rs paper money indefinitely, after the
hccomp ishment Of the object for which they
were provided. was not contempt ated py the
trainers OF tho law under which they were Is.
sued These notes lOug since became like anv
other pecunlary obligation OF the Governments
"a debt to be paid; and when pad, TO be can
ceiled as mere evidence OF an Indebtedness no
Longer existing I therefore repeat what was
SAID in the annual message OF last year, that
the ret1 emcnt from circulation Of United
States notes with the cIpacity Of legal tender
IN private contracts. Is step TO be taken in our
progress tOwards n safe and staule CURRENCY,
which should be accepted as the policy aud du
~ OF the Gevernment and tne interest aud So
curtJ OF the people.
TOO MANY EIGHTYbIGHT CENT SILVER DOLLARS.
At the time OF the passage Of the act now in
force requiring the coinage of silver dollar. Ak.
lnE sheir value ana giving them logulten
Chafaetcr lt was believed by many Of the sup.
p0TterS OF the measure that the silver dol ar,
which iG authorized would speedily become
under the operauons OF toe law. OF equivalent
vglue to the eOld dollar There We're C5ner
supporters OF the bill who while they don6ted
as to the prODabll y OF tins result n veftheoss
were will1g TO give the proposed experiment
talr trial with view % stOu the coinage, If ex
perience should prove that the silver doiiar
authorized by the DILL continued TO be OF less
COMMERCIAL value than the standard gold uol
The coinage Of silver dollars, under the act
referred TO, began IN March. 1873 aud has been
continued us required by the act. The average
rate per month TO the present time has been
fz2i1, l92. The total amount coined prior TO
the til nrst OF November last was S72,slI,7tO. OF
lhls amount S4l ,OSf $50 remain in the Treasury.
and only S25 78S.29l are IN the hands of the peO-
pie. constant effort has been made TO Keep
expense has been necessar,E incurreS for chs tR,s
purpose, but its return to the treasury Is prompt
ana sure. Contrary to the confident anticipa'
COil OF the friends OF the measure at tue time
OF ITS adoption, the value of tne silver dollar,
containing 4l25S grains Of silver, has not in
creased. During the year prior TO the passage
value OF the SILVER which 1t contained was troD
ninety to ninetY.twO cents. as compared VITA
the standard gold do lar DuIing the last wear
the average marxet value Of the silver dollar
has been eighty eight and ha cents.
IL is OBVIOUS, that the legislation of the last
ConRress IN regard to silver, so tar as it was
based on an anticipated rise in the value Of SUI.
yer as result OF that legislation, has failed to
pio9uce the effect then predicted. The longer
the law 1ema.ns IN force, requiring as It does
the cOina5e OF nominal dollar WINCH IN real;.
ty is not dollar the greater becomes the dan.
ger ,hat This country Will Oe forced to accept
single me, al as tile sole legal standard of value
In circul tiOn. and this a standard OF 10 va,ue
than IL pu'pOrts TO be worth In the recognized
money OF The word.
TIE SILVER DOLLAR SHOULD CONTAIN DOL
LARS WoRlH OF SILVER.
The Constitution of the United StateA SOUND
financial principles. and our best interests all
require that the country should nave as ITS
legal. tender money, both god and silver com,
oil an intrinsic value. al bunou, equivalent TO
thai which, upon its face, its purpUrts to pos.
sess. The Constitution. in express terms Ie.
cogulzes both gold and silver as the oulv true
legal-tender money. To bamsh either OF these
medals from the cur ency Is to narrow and
limit the circulating medium OF exchange 20
the di-paragement di Of important interests Tne
United States prC duces more SILVER tnan any
other country. and is directly interested In
m. In Ia
VIII ch furnish the com &c Of the Orld. 1t WILL
Ill my Judgment, contribute to tbs result If
Congress VIII repeal 10 much of existing legis.
iattOn as requires tie coinage ui siives do iais
cuntatnnE only IL u grains of silver and III its
s.ead WI authorize the Secretary OF the T cas-.
urY to coin silver dollars Oi equivalent value Ps
OultiOn with gold dollars. Tins WI defraud no
n an. ana will be in accordance vita familiar
prtcedents.
1.-THE remainder Of the text Of the messao oe we
summa ize as follows:
The Pl esideut endOl ses the suggestion OF the
secleJary Of War that tie my should be IN
creased 10 lis statutory limit Ul 30 ,0U1 enlistrd
men, and hat ~ vision be made Tor The COM
| strnctnn OF new nihtFry posts out Of the pro
| ceeds OF the sale of aOandoned posts and build
/ invs He also recommends hat details ot Of
flom the retired instead Of the active list Of the
| Amy. Liberal apprOpr. at 0ns are recommend
en for Oreaniztng, arnln9 and disciphning the
active militia OF The country
INTEREAL IMPROVEMENT.
The President calls att ntlon TO the valuable
| results already Obtaineh frOm 1T prOvemenGs
made at the mouth Of the Missssippi river,
and recommends a com0rehensve improve
the Columbia rlver be eOened and q g nee
esSary appropriations made Tor 'recling break.
waters at some point on the cnast between the
mouth Of the Columbia and the pore OF San
| FIGncissO
CAPTAIN-GENEnAL IN THE ARMY.
The President then SAYS:
| I commend to the attention OF Congress the
| great services of he Commander in Llnel ut
| our armies durinp the war for The Uulon wnnfe
| wise, firm and uatrloic co duct did o much 10
| bring that momentons conflict to q c ose. rau
eglslatiOn OF tte Uniteu stat hav p ece
| dents fii the rtcOgn den o. distinguished init
JGry merit authO. lzlnR lanx and emOlrments
| TO he conferred for EN- nent serv ces TO the
| country. An ret OF Conuress authnr1z ng he
| appointing mt OF captain General Of the Ar.
my. with suitab provsius feiatlng 10 com
| pensatlOn, Ietii en- euI ana other drta Is wOaid
| in my jdd2 ment, be altogether fitting anu pro
per. and would Ge ewarmly approved by the
POST OFFICE AFFAIhs
The suggestion of tle Postmaster General
that 1t would be wise to enCOura ge, Dy aJprO
pirate leglsl6tion, the es abllshment OF Ameri
can Ines OF steamers by our own cl lzsn1, "a
carry tbs mails between our own ports anC
| those OF MeNcO;Centrml America. south Anne
| tCa, ana OF trauS- Pacific countries is commend
ed TO the serious con- liberation of Congress. and
the at,enun OF Congress , so invited to ta'
| uggest ON OF the Postmaster General in regaTC
to postal s;.vlIgs.
INDIAN AFFAIRS EDUCATION OF 1HE INDIANS.
the President presents with evident salts
faction. the report OF the secretary OI the In
terror on indian Affairs. anO r:
much cafe anu attention has been devOtet
TO the eLlol cement OF dncatiODul iaciiiCiss tul
the IndiaLs. The means nNaii ahie for Tins inl
pOrtGnt object have Oeen Verv inadequate. A
lew adm ional b0ar0Ing schools AZ IndIar
agencies have been estaDh ned. and the el &c
tiOn o. Dmidings has been begun TO- sevel I'll
more, but an increase Of the appropriations TO
this IN mleTestiug undertaking Is greatly neeie,
20 accommodate the large number of Indlal
chiidrt II Of school Ggc.
THE INDIAN AS A CITIZEN.
"I concur with the Secretarv Of the Interio
in exp essing the earnest hope tbat congress
will at this session take favorable action on tin
blll providing for the allOtm ent o lands on tn
different reservations in severalty TO the In
dians, with patents cOnferring fees mple titlI
nadenabie fOr a certain period, and the even
tual disposition Of the residue of the reserva
tons for general set lement. with tho cOnsen
ana for the benedt Of the Indians. placing tn
later unoer the equal protection OF the laws o
the country"
The President briefly reviews other points II
the report Of the Secretary of The Interior, AM
the Message concludes with the Sug esliOns 10
local improvements IN the District OF COIum