Year: 1862

Having dane this, it remains for only to saw fur.
her that tie purpose Of the American government and
Constitution remains unchanged that the in which


they have been engaged though has been opposed by
seem been crowned with successes which are salts
fastory calmer and judgment; that empO-
rsry disappointment Of expectations with our grief
over losses of valuable lives, unavoidable among hu-
name, sfectOnate Christian people has already cul-
minated and it is now declining that armies re-
naming N the field with their appointments, excel BY


far all the forces which the insurgents have now with
any augmentation they make that in addition to
present forces the orders issued the machinery
Is in motion, for the immediate addition Of three hun
dred thousand meu all of whom viii into camps
with alacry equal to that which has heretofore been
exhibited by the people, that inactivity is already Civ
ing place 70 and effective exertions which viii be
sufficient for the termination of the war that below
these new ranks of volunteers there s remains mass
yet sedenary, and which s daily increased by immgra.
ton which is equal to all that has been callei forth
which Will be prepared a reserve and if necessary
viii be brought up to decide the contest Neither the
government nor the country has experienced haustiop
nor even financial pressure but the midst Of wars and
campaigns the fiscal condition Of both is satisfac ory
and superior that Of any other government and peO
pie We nation, chiefly Of cotton growers but
Of fan Imers, manufacturers and miners


SO far as we fail we I'll mp the deficiency promptly by
sending bread and cold Wenvite foreign products such
need at prices which afford pay and we
invite premature return of all bonds and stocks
and will promptly pay and redeem in gold with which
cotton may be bought wherever feemen can with gold
be induced to rase il. Let the world Judge whether
more can berequired Of US If not met by ser-



open all the channels of commerce. and free them from
military embarrassments and cotton so much desired
by all nations will flow forth freely heretofore
We have ascertained that there three aud half
millions Of bales yet remaining in the region where it
produced althoughlarge quantities Of il are vet n
ginned and otherwise unprepared for the market We
have instructed the military authorities to favor so far
they can consistently with the public safety its pre-.
paration for, and dispatch the markets. where it
much wanted and now, notwithstanding the obstruc
tions which necessarily attended the reestHbhmeu Of
the Federal authority in that region against watehfu
and desperate public in whose hands the sup
preston Of the cotton rsds by FIRE and force is lever
with which they expect TO raise up allies throughout
Europe that trade has already begun revive and we
assured by civil and military gents that il may
be expected increase fast enough relieve the pain
ful anxeties expressed to by friendly nations The
President has given respectful consideration 10 the
desire informally expressed 10 by the governments
of Great Britain and France for further relaxation
Of the blockade in favor Of that trade They are not
rejected but yet held under considerations with
view to ascertain satisfactorily whether they are
really necessary and whether they pied with
such serious detriment military operations as
would render them injurious rather than beneficial to the
| interest OF all concerned.


An will be seasOnabiy givenhich viii leave
foreign powers in uncertainty about our intercourse
| Such are the expectations OF government. They
involve continued reliance upon the PRACTICE of Justice
| and respect Of our sovereignty by foreig = lrs. =
not necessary for me to say that, if this Ss nS anu
this civil war will, without ault.. whites on the
continents-a war Of the world and lux CITY then G.
revive the cotton trade but epon nm that stroor,
| country, viii be inedeeInaby y