11
ES
t3j,L
41 1
X X X
liE
11
i..- 1 ', - '-- 1 - . , dent. ,Iq , 1
i:.;
...,; ~ r u 7 .7 1..4,: i n Ft IILIcIIIiD ti
F,, lli .. t.t(- -. * ; % Elir.4\l). •. c ' ,a 1 from the coinii ollpoweri and
i
c.. t
l. ~...ktr„-,g7t-iO-1,1, 4 : ?lees +n and FUk I TI" Cr;Nrs,pt r
Atisf , rictl to more tit.in fourteen
a. r >. ~ t) - ••••Th• ti • • jo D t a ';', ate bate 4, actingt iltlepctuletttly l
,_. .n.nt 711, .. IA IF. o icrwitte w 0 JAIL . s, • I, ,
1 ' .
, illhe chltrget..
~. p per, I Carl mile , , I , !• I an. rcga ating t, um n p_r ;
!.i i tarrkr.kkes are .settled, e:.cei.t la the option., t r- sst excluz_ , ively 14; alr.st , art to
z .•,.,: , • '4llE.Editors.: • - i . . •I .i tart
11 -
c 't interest of•
tatir s,oe 1 • ers.
',. t , AtiverbsenfentvnPerte , l at the ate of 50 ets. - . . 1
i :,,l ,n g the soverei s , , mlol . veroir . .pfoi
i Pe"r - : - .Stin.h.re, o`fiiii on tines for' on •insertinn.-..
ti.,l al s.vbselup,it ..ertinil '25 cents. A liberal p a,er eurrcnev,lnset t 1 of l i cnin iA
.. - 4,:- - liron , t. moo to e)aily tulrertise s. I '' r ) lutry, the 6rst'duty i Whiell thes•
t i
.li- 4 pv-reit(.l--. alp . comtnenicati a. 5, by: ma', ....e e to the public is to lceep in/leii
i.,,„,.......__.
_... -1 F" 71 '•'" I 't'Lr t en t. '"n- 4_ . 'a ufficient athount pr,lgold - -, tal..,s
..-,- '•
...._....e..-.
~ 1- N • ~
L, .., f. — at , .. . , --' ,
._ ..,, ; : ;1, are the. courettibility of t.m.!rin
i t '7 , ‘4 7 ..,,....,.'..
.-.....
.. -- 1 ,. ... For the) I . irg,t,lS. •
o. « ..." , • to coin at all tittles !am i l unddr. all
1
l ' . i' , .• T;••-, :• 917 ) ;;MOTHER J .
_: St - T.em. No hank oitglit eve l r tol-,b,
• )
-•, f; ;--, - -., t I-- . -' t d with - nit suc hT b 'ti l i •IIOIA . oti P
!,- - i•-• - l'ilttle'c-thers i sang the gentle lam • ,
~ ~ _,L
I ' , l - , i ,II . ' :Ig to secure. tuts Tesult r AL
'l. l t' , ••••"-Of farent4unforgot, 1 rre • rfeiions are eon - Tar:direly !vain.'
t 4 q'is , screeter r fdr too to-strdy, •• '
,; 1, 1 •,- ti • . 1 t i •,,, ,i t b,,, 1 1,
s s i 4 tl.lB con y-tr e tole.. ot.e, , m
r I. ifo th at c o in ' ofid &nevi - or spot, , : ~- , ~..
,-,.. r
it , . . •, • 4 ~.. . , . , e
,it.rtt „re,tuator o al, paper etire l •n6y- . 1 1
Is here the toll gross In:cur/on: wsres • I E
,in ionl rile ushieli, an: guard the publit
• - 2 'r- Abov Qmy ~n fond
. .I tiler grase, • ag. lost or 4r b;surs a d 3 bank IstiApe '.ions,
' 4
I A• ' roll - Ito-al an•d-e eutual 4-eurit it 1,
;,• ..1- -In ecenings,v I and dewy hours, 1., '. , ' `• ' . ,••• „ .1 ~" , 1
)do ne.si wise,. and i All -ealltat ott,L , to
1.
, I jol . e• to lin t er
. there;
• _,:. ibe equired, that •,tikl:-sl4ll. lliblci . an
1.. ..1 semi ! . 0 :ear' er own end rote
{•'.. -- ; Again ib en eskprayer,- - . •
p k ~4 when she, s might in.neeents tild e ,• •- . 7 l'at-il,eillifalut ritual to t-otrinbi t: teird n B C-, : th l es' ics it 4 ; o4 e r: r B l lll(: :, l! ' o- tt, - I e v 'l ti n t. ' i i,
-- : - - , - , pie .trod_for tlretr redOtur.tion.i :a hti how
-1
4 (.„,.I , s-ble,,i gon her crrini z T ch r ild. ' _ i e i c - . f i f rt d s h e,, . tr o l l r il e l qua l , ",7 - ,, , tietir it y :
i• ...I .4 , -rcft tatc-11 ,- . t veil. has pass Al away - 4,lga .ricer issues. ~..., 9 the contriry, it'
.;:., i ~,, „ it ,.,- 1 , „.,,,,,i, p i r i t t i ed, !lna) 'be perrerted to it Mile ;flcturreney..--1
I S, , , t - Tr ,,,, 0 ,, 1 ,„A; and fur „b o d e i • i Ind ti.,.. it is piiis.ible by ithistnicans t•i con
- 1 ,int e ss demi- _ I terry ill the debts of t e ittited St.itts and;
i--• , i .ig 0.- pure n ..- -- ,I . ~, i , . .., i ..
i!, • ; p.e ne:11,) aFP ipll'e'grirrnentg Wort, - •,' :,i '?- t - at' ije - V r inrntS 11:t 3nIK ores with
i ,
... ~ ...,,,,:', re d„,y her b i l ow ... ~ .., r, out •4.rc ne to lite F tTi rcs4 ire , 0 ie.
A litaVell 5
. . I I (Ire! '"
tili2lll. . • .1
- I
It. jt. 01 i •
iL I I , „ . I.
i ii IreVel I'' jittable tl e.s securities
th,lll elret , , they cannot lie "cot) rtC4i
• /rug! ttpl silver at , the laduent cif. pre l ssure,
I:7sbir exitorience fliaclies, i 4 .ItTi ci,,tit
1
: tune ! , r, prevent lank spt•itsi•tns, at d tlte
'• dept. , iation of hank lintels . Id: Eth.. 1 .4 . . , 111.
whirl is, qi a consitltra, t larq extattt a " ! T i t'aper-
, an 0:311ir y , Ilion g i ll 't . ra..4l3' peiliiiti Olif , I
t -
tilt rt : spect. it }vas ! dcenied ailvisa- I
'onus' " to thc7 ae i t Of Parliament Of 1
i t i e , w i, f j ..%.,...:p.,.. 1 4 1e d ti l o i•,:i- l i tie of
,-
at tlfe bairn it - Idspartmetit,.. for i
: of - itjugland alicAys to' liSc i li on 1
,01,1- :old - silver 1 .10:11 Id mittl-ti.ird ; I
. , .‘ .1_ •,,, ~., 1 ., A ..,
~ ,i nbiiiea el:Tilt itron i .p. , a talp•i„jtat s. 1
his prop'ortion ISIIL3 IV . 11)(1.11 1 1 {I al :II SUF . ' !
fo :secure the c.' - nr,i/ - tibility%i4 its!'
Milt - the tilialel ; r• if" l4 ;lea l .t -13 •Elti'l'iy i
sonic extent ilt - el i ei,.tirtent ltfiTti
afield'E . t . a. its circulation t i rend l‘ri, , ng
st impossible that: :j 1 sudden ii line- .'
on to a ilatweratis atitoutitlshoti 'kin.
' 'p.m it, the 'aitud, proportion I,t- l'Ild)
iy bo, insufficient' nOer otzi'batt •iug -
i t. , Each of Our fourteen' hutilred '.
1
tilnis but a limited eiteuinfCreue -fur I
'-.
.tila ! ipr, nod k 9 „i cs s guri f vf.#6,
,A.s.l
i.
. .
. tit.! , .tuatol hunk suet al: I.4filt: a so let- ';
oust in .specie to ccimpel 1 .- , i . t tni tie-
ieu altheligli It,,liadf l ecan iii .its ,
p i a a l to of,e-thir, - ;;, : t1, , , 4, tnnuy4liate .
I l ' 6 . '<
l -.*" . ':- 1 1.
vet I nth not a ;1 . 1, mirth the ei- . 1
i of the banks. of mnisiann i c that any 1
tank throughout t to 1 . , jaiort has been !
dij;y its einirtr t )kt•p fhis or any' ;
.roportion of gold nil silx'r compar
i the amount of i s r.tilliitted vireo- 1
ond , dephsits. W' atil. 1114 I , been the.
liehtt? In a rece t rettok ina•e by
t•
zi-ury Depart= 'pp tltetbadition
banks through utlj tlio] diffarent
uccxdinc , to 10 t:l4 dated trearest
rarv, .1.57., the , glregte amount
it st (Tie in tlwirTattitts i„%zi-".58,3.19,- .
4' their, Orctilarto - -lii2^:2ii - .. ;775,22,
' ' t l, e ir 211ely - •sits,i ,F , . •_;io , 3i - i --
1,352..
aj•peats . that thoe yuk:s to the ag
have 'considt.r.;,ly iless - ;than ono
creti
of itol.l ; it silvar ip_ania!red
1-
R 3
,
PRESIDE
A, ,
T'S lESSA.
, ,
i 1 •.17•17 ' ' 7' , ' - , 27 ,7 ( - 1.
~ ----.; ril t I t'7lt.nr..' it)
7 . .
• •'. Striti,)!l. It . 1 717 i .: ti.
} yit• It) i ' eSi I .
' I I•fl i .: 11t2 r.: , 1 , 4i. it•IIIL,
1 : - 7.7 . 1 t rat . sueh, rec
••• i `•II•••••••,•••Ary-_an•I ex,
'4_ ' • I',11•It Et-t '6• : 11.1 al;
I , i ' . .111•.. 1 . , ) _'al In igl,-.y
,I, i•ci,• Ms ts• !deli, 110-1
•;,. p 4-11 , 1... ind our 1 1
aqicp-1 t , !I'm thri .
, 1.1,; , ; - q out tiri•zi I -rr'r•
1 1 , 1 i1,i has t bissca . l.J‘r
Ya•ii'-urtin ut ,e,,t ; ll'
' ••• .:' ' I
, l'erit'itcro; flaw, erlj,, •
.of Le.ilth. - The 1
'. fruit.- Ul7lllllllltly, :
7
warded the hil of I
, ~ , •.• , i, ' .
...,
- I;_yot s:ll,l_ 4 ,es Da ve
;Intni, ifp tt, iti•lin .
)
4uhielutingim 1,1
•'l, r,iluta hate'l.f.rg••l l 4
', , 1 1 14 — osi-u•t it Q: y. IV
k °lenient.; of niaferit
' Id, and yt n)
dntgs
our co t
i interests, is at the
'II- 1' • 1,1, 'IT it
f ..i. or- t 4, ttlllt 110 •
In the midst 01
11 :-
01, tire production
.
IlUll the elementA o i
ii Our manufactures
if ‘vi;iks retarded, 'oti
hi different kinds aba'l
1 , 1 of 'll-,ful lyi.nrcrs, R.
d• mi.nt awl a - , duccd
' ot the goVtriAlicii ' I
',, oi ye diui,-:s filv I ,
i; - becn Q\ u 1
:vil,' Ina•le by l't•
\1 the Cut rent fi,,e.ti
i nsii )übt:
U&l4 these •cirl
I , collared before I
' icut si•sin; ml. th
[
-,::. r,l:l?Tre.
Cve ..ou:nialid r
1r dioFi, , ine
:f , rn)rtiori . .,I:
o.•oalirrilm , l to f ''
I ' • •a . 1
1- tires' ':: s I Ith
r•iiiiii:." -
1,, all, our tL
I t; ,1 )11 for the . -i . D
fi:1; i'est.lr.4 t i
: • t i . . I
,tit r prar or, ,
I o woalai
b:lc iu flare t.' l '.,
r rime pa , t. j
} - .st eutil..7.res.i:
re• an uuu•ui
ri
..-!:.1 dr- &s k
shas bounli
di It u,batid
) x&r.
rutrpled Jrigl
nerio - 4.1
1.1 , 1
ptrtakcn of t
have possesst
Ikrealtit, r
As+iithstatitliug
quitry f ,
;p scu t
posiro..
ly r. , gretted, WQI/1111 proVe to be \only * a
with
i that the Very
• .
1.
si4ilii tuizfortune heriw compared with the It,
lion to sulaim..
suffer urr aril dist rkssl. prevailim , am nil th.(;.fitst
_ , . ,, ,- , Is ,„ 1 , le of a conterti
p.4ipte. 'With :lit • the_ gel -eminent. c:funot • • ..,
di; istrous consc
tail- deeply tu.sym Irthise, though it may be - Me e,.-
nde Cul. that :they
gm ,
Without * do , roe e' r to I I extend relief,' : 'lli
. . i t linilid to i preserve
,it i 4 our duty t/iuquire, what ruts pro ' 0 " . " 11 ! 1 1, ~ ,
:.inti tor tue...piy-
Pluo, il such anfortd i nate results and whet u. ! their.
, i r t cif 1111illedlate,
S Pr thPir recurrenceilica l n be prevthited?' In ~111rutt
lvt. !hens, into in
forin - Fr reviilsiOrls the bluino ugght have , ii.liii:i
.1 1 ..... n failly aitrilniefl Io avarietyl e of co-op: s'°lvel . . l Y• ..: I i •
f this is the cOntlitionlof the banks,
1 Crifillf: eau. biltrlpt $o upon rive Present i
iarsanizvt. ,, .. - Al4 - 2 1 1 . 1. 4 .qP..1...'t_h'11.,°t . t, ' .7.. i f i ill ~ n i? :t ... Aw \ t. ''':r t , f : lll ti „ i ' l ( ;, . '4 .i i t i l f l o , u r i a iU ll a il v i ll 'lll ; l l, 3 l Tr a qd ? • l i i i i i ii " . 4 l9 :
(Attli);agint, 111111 reiOlii systein of Pzper i
1
on ti:l itlitu (lie lagE 4•10/t lears,l - and the
eurrew:y and bank credits, exc./ling the ; tide , st II coutimies tolow. 11tudeed, - sueh
i.o (i pl e to wild I:peeilatioris Stn d gaiaiblingia -, has ba ti ille...N.travagtne •of batik credits
i Ltot,l6. These revialsionl 'Mist continue to that tie batiks notv hold',a. considerably
recur at $ cresste-enterrals bo lOug as t h e . ess a ouut of specie caber in proportion
'1 amourft.,,4 the paper. enrrencraml h. i pk i to ilstiii •'capital or.to'i heir Circulation and
1 loans 'atol discount - 1s rif the country sliall, - deP . Plii e 8 e° 1 " 1 -' 41 e' 3 9 i b " they did before
Ilii'left - to the diseilietiatt of foirrice-a- hu l l the dy l b ovcry of goldin..lalifornia l . 1 ,•-
i'arcd itrosportsiblch. bankine ,institAtions i ' Wlb ISt in the year] i 3- 8 their specie in
i ultiuli'•fr9ni-the very lawl cf their naturC; Pr°l)4 ion io their ctiltiii svas more than . '
.
-.• aril„-_-4 ,- onsult_ the ,inter'C't of" th(ir stuck-; equal l one dollar f?:,fOur 1 and a i half,• in
: Lid:ls rather th 2 lllthe Publi.e welfare. ..-' i 1857 i 'does not allot
l ite pie dollar for
1
' le farniCri of. he: codstitutiod, when ;, every l' x dollars an I.lci i ty-:tliree eents of
L,1 1 1.4 're to Congeesiihe power "to coin i their t' ;dial. In tltt.year.l-18 the specte
Aiene:,.: d: t o regg4t e the value" thereof,"' was c‘i, al within a r..)- imill frabtiou to ;
i ( i •
. ,i:.1!- 7 pre `tied . iliel from coining one 4 0 ac in
relit • States
fj* - Theney, en,Rfig bilks -of credit,' or nu king • (lePni'4 five of heir ' circulation and I
i in 1857 , 4., is nuti ditial to on?
'l , -' , !rythingt>bukgol i t And silver ;Coin a ten- . dollari, seven and' aliale-of itbeiricircula-1
__ I .1 1 ' 1
t ,y .1., r in Tairficift, of debts, supposed they j lion and-ileposites..- ., , 1 • ,
t:71.1 protkctitfihe' people against ' the evilsl; Fro! this stitcmelt it is easy to Account
6
,
"fan eiessiVefandlrred eeniable paper cur-1 for our t tpaneial hist, ry , enr rive last forty
,T . • hey'are o • responsible for the ?-sars. i It. has .13i4., mstorY of extrave
l'-'aisting'anomaly thAt a , overnment endow-;',,gant eivan.ions' in tt Lusiness of the court
eilf - '. - '
11,c..1-11.-iththe soverifbit at .. bute of coiuino. itry, f owed by rumus contract - ions. At
'awl f.. • 1
.., ' J. at 1 ;1 reglliaaflg , tO., value . theieo e f I t sueeestre intervals ie bet and _Most ens
.i.Ki l k ' - '
-_, ~till have no poler to p6ventl others I terpriS g men have i)er:r. enlpted to their,
Itr ni drains• •
.., tin • - , •
this cotEt out of the conbtryl ‘.
1 n livreseessive bat, lea sof mere pap'er i
.. •tu tint- F'!'i tiik - eg: Op the xittannels of circulation 'c edir., xetting film to xtravag., t
t r. ‘ , tal l pap e r milieu As not represent gold 'pu tati ' s of foreign i toods, ' ild Specula
-40i.i..i1y - T. • '.3' ' '• ‘,
,---- i , t . • t,„ l- r. ~ f, , , • i \ • /lions, 4-
, i j.. - , net-1 the liighest and niostl res.: gamily. lVhen tlt ens s arrives, as ar
,,1., '"1 1 -ie duties of `t e;government to in.: rtve it 7must, the banli cat ek:eud I no, re-,
1 .,
, ~.1 1 T t`tr' :he people a ound circulating ni e l , i, lief :losi.lie - people. la ain struggle toil
t
I , :.ibin . ,, tbk: antount--;• ,:which ought to be'T srecleeniiheir liabilitic itilspecie they are
: , ' , 14.),,,1• with the uf ost possible 'wisdom- i f compel l 'i to coutruetihPir 1 3/us au, lll their,
-,, -kill to the - - w tits of internal trade i
i
issts.,•,..l . ,rid at -last, i•The aoLr of distress'
1
• 0 f rei•i i ' h 4 ,
, r,.;. exe ang _ . :If this be either' whenl t l ir assistanceti mcsrlieede.., t
3 bey
Lf. t . ,,1, . ,t 1,) at,Gr e or cr - kly ba mv • -th e p roper t and th debtors. to her fiiukiutO ineOl ,
1 1 - rd, the - inai4table value of evety, 1 v,em-.1. -`.-; 1 . '
"-' l, property
Itt
the
fain is intie'aied or diminlslied
__ 'lt i;‘,l . . - hiS„•paper sj i teni of
. _
,:,
a ,... e propor+,
4/it tuiduals as well , o- _and injustice to -expansim, raising , till nowt
incalculable evils to every at tole feF belind l its!
iiiecobriau .
!_.• 4 , minty area e con.scquence:
, Unfortun at I when cmiipared wi,th tie l eolit
~
.`' f • e .Yi• u er the anstro l '''
lien,
1 t'
construction
the 'federal I;itifit tiOn,'which
.rcvailed too long to 6!chaiiiid, ails . ' hat-
li---NO
~' i
(Jo: - . 1
rtitrelices: '
tuts, "tn
It hi:
_:••tat!.=
ICE
note
the IC anlcs are'-
- hanct..
)trterou:
rim t , • of it
.
hiinue to"' „-
rate
tie
ME=
ince the
our eon. r"P'r
tl' tl..trTee it. alll
i'le , l her lt' l
dully 're. ; t"a 11 e1
ic. O ur ce3 1 ) 1 :1
11 in.lecs, YI'l
iur man- b 3l ill
&_x -\@ 4, 1 1,
c ,„
gener-.4 . ,
u n the ', tutgoL
At obun- :lc . '" 41
till these ll'entl,
4.etary ~,v . '",i 1. 1 , .„
iu 'a. de , - '' """ 11 1
''
i. ce
1, pti t u
tart; 1
rein!ri
other I
ed w I
lotir.u.
k!®!
the. F
of . r,
Stott,
to $ r
J act
ti3S,
ahtl '.l
nltA,nrcs a 1 - ot.u. may. bu'l
3 clnA .. of your' pi- e s. greg,itt
oltlicuglt to T?e- deep- dellor
„ ,
, nsurilasfied 1, euty -url
f ,agrieulture -and in i
i
tieual weak' ; we 'rind
-r
,-talei.l, vi rab!ie .
•rßata t nterpli.ta; of
•ined, and- , l'housauili
own uut of 1; cmploy
want._ _The reVcnue
-.hick .i.: (-hit Ily deriv- '
orts roan nhroal, has
a bilst the arpropri
s CS i
= ••
este• list- se:•:•iou
, •
CC:at are very l large iu,
SEI
EMI
OEM
furl ,
xvisi
fro!
201,
CM
,cir - circulatigu ale
is palpable, thei
61.sutc. must (Lick
titldepriv'q, th!.: 1 4
retley with' all !ii
It is It
, ` rave so lent
edit; 'when tic t 1
f one seventh-:o
!, es would have It
tidies i
ly regu
competi
ountriet!
ed, whiel
in our o
' -- - I-1 -. 4 -i --- 1' 7 "
-4 v.
dissev-; manufactu r es, Las pr t cc( c. ra
~. But t..ii t
virtually ! impertations arid has coil
.tern,:tc, ilr6. tr.„ ... , et i nn, i t ... e , i
Ih t u t ,),l e d . fict 4 ; of the large incidental .protetion.tv. l ,,,,,, oss i,,, e , t
I
of dell f o i r ded to our . • domestic I 6anttfaciturcs
,y ~,4..,1,,g ut .,i
L snes al_ oldie 4:resent . revue tar , fr . - But
~ for tl is ' f a l th e same 1
. 1 1 I d '' th e branebevof our.mauf facturOslcomipol I,i c h t h e 7
1,114.1 pr..- ,', •, , „Le •.1
an
I [lc IL ! -
bier ed of raw ina%riam., tut. yowl :ton of o .1 , t: , in ti t n te,
t i aiti ',.„l„,. owniconotry--such as cotton, I on nt.' , l l 7 0 7 1 t1 en he far .lit
r,, ,1. the.
ten fa bries 7 -would not ia y 'bare :_litt i lt. ta t oget h e i o f l
l e b a 4 ; .„„ alimist exeilnsive possess!, n c t e hroi
cli 1.
.'] c rreucy and
1 1 . van , t ,, -market bnti would .have, el eats fur !the! 7 I .n t h an k s e f tic i,
lilver- „,
.selves a
,Oreign m.trket. phro ghiut Ith , !Our rclarin
~.. I
, tes q u. woriti. 1 . i . , I lar upou.tlie
ei• I -- Deplorahle, hoWevcr, ps iaybe ot , sti n IL,'
rcum- i
... ~ .
... , , t , .1 •,, ~i; ~
•ettar _ _ pro tit rinancia: 1,..0n0t_m0,.. niy 34, , , Ih e uti z on ,
A i 1 ,,,, t i,. indulge in brig,hrhopes forlili future.--ftl, a i l h etwee , ,l J
ii ot hd r ~ No ohei nation has . ei-4 - exi teri !''' 4,1 S4tes land tli
leoulic I4ve,endured such vrplent expans nuts Jr, rit nl t e nt ,. d r ,
!mil , co 4lr actions of papct,cre it-.witl l onk , h a B y lf ettn in
lastinnjury; yet the - h 11.
oyane o
. 3-out/I , B rit i e - h m i ty i s i
the . 4.kni..4-gi , -..:s of our pnp . i.,:latio , and "tit h c .4, e o rt ir a ni
sptritovhich never
.quails hOfure i, collie, )1. i ii s t, it as c
wilt enalda`-..ms soon to reicoyer fr m ou ;,...-in v i n ' ec a t i v i
present financial emberr a
asdinent ndlinak go erni p eu 6 ..
Il i
oven.cceastoios speedi,y to_for t tha les - t r i es. t c a e l on i
1 1 . 1)Ii - aqiii il they lkave- taught, . _ :,• •
w i t , each oti,
c
I n ihe !maritime, it is the_ duty or th 1 1 a i t , „ 1 ,1„„: 1 .., 4 ,
II not derigeronS
gover4nieht Ry all proper Ingalls tri.ht l n it
power, to aid in: alleviating gib t)Lfrelings 0 • I B r i t ,,i nl.
the.pnple occasioned by tt:4 ; snq Jettsiou o lil ,
inc the o
the banks, and to provide again, a I recur Il l h a l. sj en ~t ,
rence 0,1 he satne - reahrtuity,l .:... Ur fortunate-I , tr - 4 - that, sir i
ly, in eitheraspect of the rilie, ' t at 3 d o :ing their 'trite
1
but little. Thanks” to th',:. in ependenti ihis ° Tevece, HI,
treasuey, .the governnient ha l l:Ant i•yspen :1-118. comine V,,
ed payMent, as it was compel.;ed• o r -lo bi s%
; Buliver - Irciitii
t-lre failurc of the Banks in 1,k37. It Icrifil' nat , o f 4 11 , h o , ,
continue to discharge its Ira ilitits o the p H an , t l ilootiy l
. ~•
pc n gold old ilver. =lt'snt bar se- Coll4ruciiox ii,.
moats ',in °ail ' ' will p a s : i. to i r culitti" .perthnt .artich t d
and litqle/ially assist ru r ,, st( ing a. sound.l llhi - i st; i t , ;h i ,
dir, . hon 4 wo , c(1-44'at this trd:lit
entreay. Fio'ln it.; high cr
he compelled to make a ten 201'.11 ' 1;31; it , up ,, r4 - Air exiet ,
e ;, t (b e 'l , lE•eted ; - ot ‘advant.ig 'ols .tern 4. 7 * t h„ t i ne i t h er w ij '
~ ; 1 I •c•
To:•••• ouwever, stilt, l k I) , C•i ie jbe 'nvo;..l- 1 1 r i. e r . .I,
• , i
11111,/ , .. ''' ) er) 0z , 0 aS, I
cd: butt if then the\an; :tit sin II ' IJo liiou'e_over arty It' ,
limitedlto the lew:::,t practiablelpurnl '- '.i.;i' co it ,,,, n d e d, , !I.
' 1 - haje r thelefore deterintuol that WIlil"t 1 0.10. I tie eor.stril I
'nu tr , . iul (q.t.-craw:it not • I S
''' - '' I.
1 Gaily -I I i" . lift it tli,l ,
pr, h a t be sn , pend,ql . , a., wor ,-, I,.‘t ..ni ton of•
,_not -TdrOt ly elvtilleueed, will! e \ stponed i n _ t i, .i t , , c . up ,..i t i
lif this eau ik.. , ' d one without i sjCit) i,( , )( . t110 ' ' f a t '•' I'
I 1 1 in t tat i l l l
,
pin I ,tryi , 1 !li.sc necessary fir Is 111re:ice '-, ii on in t W r ,,),
i il.:til prlocced as thotign,.there . ',.. la d . 1 2 , . , 0 11 ' , u 2 . ' h r ght of o rit t.
crilis-.-it: Our pmnetary • affair -I • • 11..1 4 ' . `I 1. protectoi,
I But tire' Federal GriVerVille it C 0 I*t ao 1 l',k i C tit li
i i
- . 1 , 2S of C rA .
'much to proti.le against a roe rren c f 'ex • ; r n,.. t h e i l k I
sting ettls: Lieu if insuring ntth e c D9ll- l' o i V S an j u ' n
lutienaqubjectiods did not calif ag, itit the[ i t h . th e a ilJ een
ere:aim:.ot a N-itional Bank, tI is t . v uld tin-- etnp.,rativelyl Fir
nish no ; I . l cfln't° Preventivn cunt;cunt;- 'll6 i
1 he Sirstoonincal
history Of the last 13.1uk o - the United
...4
'hag o their:con
...tatesTahuntl.tutly proves* the truth of Ittzij: ~..,....s .
iroUld,'74gUlake the issues a 0 credits ofl l I 'n:erica- beyoni
• l.
Bauk ' in i sat4lii-a I - ' no t t oo 'lll ici t :
-fointeeu F bundred State
manucens to prevent the ru noun e:rpa i n- . 1 1 the treaty ha:.
I cons "I'contractions in ' r c rrencv ', ~ h i i f such a n o
onns alit 1-1 ,;--, , .e . -... .
ichich afflicted ut throughout t esi teueclof, 1 thVe'JCCII negotU
il
the latc'ti,,ank,l ur secure us a iii - r i uture I i t , it resilD .,, t , t p i t. ,
iaipensiOns. In ..1825 an eff tt is s !Italie I he a Iprobatiorr
i
by the Bank of England to c rail thins is It
. t h en our g r..5:1 1' emvic t i or.'
1 1'
sues ciflic co'unfry banks tin er tl, , e' (m o st,, i g nu
f . oraqf ' • cireueistances.:' t
be in
into
‘.1% .c,
. 1 . The..,l4per Currency Ball 'be
to a recut us•exttnt, and the 1
'di its parer fo cebtract—it. in
• 1 '
duce prilesaau restore the e(
foreign exePang,rb• twee
; p l leticA t spieni of c ll .tireailtne,
issoes tbdApOu hope t
stock aro private bankA . of
'lw °old colopeilcd to follow
It foundk,low6Qer that. as
L they esicluided, and at the em
-eess to dpiploy the languagt o
"'whatever re,
p Ter, err'culati ,, n was efi . ,:cted ity tlt
(,•41.:ng1+1 (in 1825) was Tlloi i re tho
- - up irY tlia s ,i&r - ues of_tho countrY `bad.
But alßank of the United
— o
- :' St ' tit's
WA , It 'II' COl1 la , restrain the'isst
a
l'oats of tiai State Baulrs, haeat,se itil
is a rogriator of the eurrencyl indsi
he iu Birthet cys the itinnetit
1
wrests 'o I its• stocrholders. If we i
ne'agee! to restrain or contiol ant
their interests must, at last it' few.
r ,( re e, ; bdi iintogonistie.• -But i a , dirt
- Of rt Atrik;of the United States would
the sain4aterest and the sano ' , i incl nation
• with theiOrectors' of - the St:l4 bar ks!' to
d i ll:hid tit,r currency,. triaceomModate their
favorites 4tid friends . with lornsi r and to` de!
'ciare. large dividends. Such has be, n am'
experiene6 in regard to the last', hank. i
After allthic Must:mainly rely• upen the
: .- ,
patrionsnii anti wisdom of the States for the
prevention and rodres. of the evil. fiLey
i
will' affording a roal i
spece basisi'for urlPa
'per eircula'rion by increasing Ore.& onrin.
:Irma of *dk notes, first to twenty, Ind
afierward.‘ to fifty dollani; if tbkiy will re
quire thatithe banks shall' at all, tiinch keep
011 hand at ieast one dollar of irild - aird 'ail
; .
vd,r for eery three dollar of tlivr circula.
tieri and (...eposits; and ''irthey tlill:prorMe,
by a self-xecating eriatina:ent, *Lica ridtla- .
ing cur ayi-est that the, nicatentj they sir:s
pend they Ishalligo intiPliquidatfiln, I ioc-,
lidre that t treh provisions, irrith a . weekly
intlaiicatioti by each bank of .a s Omen! of
•s eoritlittA- ' ' A see ,- -0 lv
rilt
Its conditiOn,;, could go for tol secure lug
against fOuie suspensions' of s!Pecie pay.:
ut , !rits.
... i i 1 i L
I. 1 ,
.lorigresls, in Imy opinion. pos i sesse . ho
power to posl a !uniform bankrupt laW ..
Op
plieable toill bOnking institutionivthroug
m h
out the United Staies, and I strongly. rec
om`end it's eze i rcise. , This Would_..mke
,
it ihe irre4rsiblo orgtinie law of each bank 's
czisteucc, Oat a suspension of sPeciel p4y
Indnts shail,pr,o4.luee its civil. deat!). 4 The
instinct of 6el( Preservation would titian
coMpel . it ri'9 of9rat its duties in such r
tuanner as ~ : )- e scpe the penalty and pr
serve its ti 'le.. 1
The exiiten'oe i
Lion of bank pop
they habits of curl
at this dayjlmaul
ma iminteltatel
mi
If We coul iconfq
ate sphere, dl'
istcring to
i !le':Eti
latibo ci by ttrOv
might be CO/tint
i
publio. , i
I) 1
F
ea tra,vagant,
ial pace Jf
real I ralue;
if similar ar
ition
tiled us front
with foreign !
BEA
1 j c : l II
n e pan(litfl
I:rk p i L for!tl
rtlerl . to en
i:.ib.lgi__
i7uta ~ 1)t
)n roil-`
it of - 4s loz . lts,
i i nt , ili joint
Pe k uggopl
it 9 exa!nt)lp.l
i . ,•acolt-ActOtl i
11 i !
lof fi r e ifiro
lit very liilAh
i f t h el
uction o 1
i 4.1
' is:
_,ank
slade
A:sl"
les and
4ten
111 inL
peci,
c (le t
cetor
feel
of banks and the ci cu
p er are so identifid. wi
people, that they. c on
denly abolished Witho'
I
injury to the . Count .
themtothi 1
.0 etrappr pt;
.regent them froin a mi
,drit of wild reckless spec
N gantionn and ihnes;th!
od with advantie tot t.I
'QED:
- i ---- "
Fay, 4
pcien
t i 4
n
.i.O- , i•
gle e
I,li, ii * l
I:v d .
i s
qr
1
'o t
i
©,
t 6 P'
of
has
o cqe '
' a'
u;
of
in
t o
b
I
t i ed un..
I '•
it.;rued
Lf he
I in the
e l rtttneu
01l til
i l
iln fci
Or
. qu . i
p lit o
13 t
S out
in t he
t ire
t otb
ru ~,t ioni j
mildel
, 4 is t,
iliti
F ,
,It 2 lqi eraililiOrlh'
I!'
to stipulate
''ver :to uscupy!
, ntril Atneriea
61t leonsidtHii
I
t at bireat Brii l ai
'lea4, be plae
Fe,i
i rseltres. W I . il
iaul)tithe since it
Unit in $e con
I
t; aCI sam e titil ,
e
lli , • ,
Rat this construe
letter and i
ier the late
i 4
Un
Tops
'are iustttu,
ts fir the:r
oviik i thek diflit
/& s anabe
i. ,f . , don -fiti 'tile, :
, ,4' 6 btuit ted • ()I
k i 3at on the foi
1 61 er this trea
u aa t
. i .i.E. . 0 ~,,,i4
thh , ol?ject. in tenth:
it If lid 'ernhart
~
I t 'en lie two I go;1
i'b la.' 91 questiriuts
e I . i it lias reuderet
hi Ittio' 4 differen t
ei;S'quite. i T4
1 3
r• tifle4 by . tue. en l
a i d ii ii if:Ann:fait,
ti ii b tha 13rit i i
I I i !ha &rverninet
n r§ 1
, 1 concur , i
- de y tha ‘9,eiii,
t t ! n: o e t r h
I % e l
ri l a n tis t ei
Tiearli.elo in th
i
ltedi to tbe_ i§ci
tlipse i lands au i l
bett by a cunve t,
ilif. of Augnst, I ,
di
«,iMajesty an
ra:sicentt r stitutad 'a
~
•ryl whi the 8017 , r
lig of, liionduras„ll
cop trae l ing powni*
gake tolietiognize ',1.1.
EMI
uIiFF;
Lice t
14 •
•
IY,
Iv es"
o ald
I with .
kahilera
ocnotii
treuty,
r ho::
1H
G#o ,
t OJT
12
Il i
.. ,4 Cl ....,..„
tp 0• tit rueepet
sa It territory,
of ,l on, e r as. "' II
, j &
i
.
Ppo 'examtnalti
ttrten circa!, Britt
2 0 Auguarl
' fit P i
whilst eclarin,gl,l
"fee 1 rritory ua
lb Re üblio off
't' f.
tb tre Olio of Irt
8,3 eteit., ty , 'over It
I to exist It
rti thiuder of Ilc4l
in abit.,uts a se*i
o. 1 ;trill legiilattv
1
o .lers flectect,bitt
riVetf - the i '.
zing p . ow,e
be people
nee of nit
exclusive
'#afrCnbli
ifoqg t hem::
ring thmit
ler, and,ll6
de
of
eni . Aed
Pd • i)F 11 )-
to
• 0 8
t ea
tra.
Y.l DE
S. ing aid Inti,
iii4,lll, proCe i it
r:it hi. fac li ti es •
l
.filii Id alford; wi
Teti g: dile calm
"the beogilavii
Ittl''4ountry' 'it i
l
to (Ilitrivc
to issue a
trio Ilia func
iscount.
h re
o be
hich
hout
ith 7
ould
heT
lions
BVt
al
,
ig!kgovernt l
tsfu'etorY
t
cuts
udi
II': '. i ;
1, . 1
leu ties lildeli c;
'in 4t of Idle 1 I.lu
ig
Iritain it pits
re
.1.. t, - E, hare
14 lapol y !itineui,
ii•azotintr . - o
'll' 1 . 1 • . • i
I , ,
.intercstps
ti : deli ire; of
4, de.4110 . ,e,c
imater friendi
•,, 6 . ~;
r! (MT inuu or
.....4otne !rritidii
; questtou rrit
... •-. 1 .* 1,
goverrunint'
attatting rea
truitilH in ise,`
- ptenuing. • 1
of A prit I
o-- Claytou ;
1 ' • ';
, ; j
l o niost unfo
*o griverumel
d 'eolitradj3q
aud 1 most i
ibt=,
ited
thT •T f
-
3V4 , i
• IV
•cen
of a
bos
.1
int
do
ilid
hip
146,
;S•if
In
cid
I
tp")
1 1 '
Jtec, belN
.•ce. both putyi
'the stipulati
.p y, fora
'T'
1
etse Stiy dont.
ntrar Aineriea,
litillt . governotc
,Q laun..sge h
/:•essi in nf • I
tat riea which tr
date of the trea 3
a 'sit tua I reeog 1.
Udited 'States ~ I
n, idler, as' on; -
,
• w ; tole exiensre
,' 57e'eping too d
be port
_au& boa ---
apitearagau,.l togoth
ndS, excep
on Of thg , betweii
runduras.l , Acee•
alb treaty do6t
...i... - -,... 1- -..• ~...
eat heats. ~t
1 t
th .
It. if in eL .
idered suseeit-'
it neer. troutd,
be authority 6f
have Ireceivelf
i
I The: tin ,
id §t'atcs tr, ,
tisetttCti to vi -
l'onOreid iiolie ,
1 i •• •
; i n . govern mei*,
, ^ritory in. th
nut otyn coritll
saerifice was
ii 'thi4l revel
.11p•isition tritb
• no 'right 4,"
it ish Gotrepi ,
he treaty, ;it ik
1 1 • . s• 1
l i te iconytettott
a'poiotteu hot!?
1••
,t 3. 6
i 1.. i ,
.on negotia;
the !n%) govt•
',.siii)le,"of, r•c i
a tccaty, havi
w,
vas Eignec
r 48.56 ; • ant
[dent i to < thc,
I
i ons
Ler
:enl;
to;
se-I
.1
rog
,c tv,
IBM
EEIE
lave]
13"ri
of th
ber
o
10t, "of Dec:
er in, the rigina
eccniTlisit
Ititigi i ing birth t •
IcomplicatiOns he
ts; Inv peroapl
Mit it is, Illowevti
Ic'ss Objectionable
.uts made to it, by
as i t netido; was,
t i of laach:lBs7l
ntioofor iatifiew
moat.
I Rssedits willing
thO _ mentituent.sl
thb eseepl
ig to I.l.uatati •andli
.ay of llonduias.
ireaty,
,as Sub
tei• ',reciting that
aliito l uts "hating
, big 4te the 27th
otweon , her Brit-.
üblici of lanllu
free terri l to-'
Of Abe Isaicl,lrOpub.
ted.th-iithe tiro
ebyin tually
met in. all &till.°
ights
. or
much
oa ri g
t .of
)f Ihe
MEE
31la
ventk o n be
ris of the
foun44 that
I . ds , ti . I:ti a
1 ,1..0 gtity- of
't "iiii)rfveid
iirhieb its
earedly be
', ftcon the
o to their
of of their
nd jndicial
II
.... i . 0
nOOduras
m, and or
froin the
geei)t ;for
also pro- ;,
togfortifi-
ILTEMi
Hcind
MO
• lola.
o sore'
er
4
CIIII
5, °I" i
thout
ulil (e l
ih6
ga
mime
klivj
ral
0
it' l li l, 43 a
ens o
ry for
island
duty
It,
er i eou
el -
r p 1
o • jay
I -... •
;fleet / 0 ni . 7,
\ , ion from'
vi
J ded 'that
fit
'; . _alit . I '.
t prol
11
16. 118°7.
~~f i
--------- T --- fiTT -----:'
tl e not at any: time bell
e'xist 1 t lit;rein."
tidaras : rittipd thii Coirentihn,
bare rats of bilc ell:4 listicuOli
! , tibstautially indcpatidtnt with
'lintits,,trudli State at.all times
hitish iiiitence-„aml c ntrol.'—
ad.`thel oited, State ratified:
ith Grent, fritain in it anginal'
1 uld haye been bound 4 ttirecogi
poet in 'all' future dna " illse
to thc preljtidiee of 1 indur'asi,
cut Opposition.l6 the V irit and
;
the„.„(Myton and , Buhl I trety
d in the..ll l Tnitcd So es, tie
.ted the euire chiuse;• nd sub%
s stead a simple- recog, it . on of
n right of 110nduras to these,
o following language. , 11,2 two
ar o ties do l ilicreby Dint u lly. en
!nize 'and espect . the I, land s of
aco, Vida ' Barnarattn, Helena:
'tuate intheß' ay of Ir i tridu-
ILI/O...c9ant. (Of she. I{6p bliz, of
under the sovereig I ty , arid
e said'llePublik.t of, 11 nduras.
c;fin rejected thiA,,atite iltnent, j
1 , i
the only ritation :that it c ratifi- 1
couvethien be ilig 2 4 tli Au-1
wren tier.; and Ho dnpi,;
eseha . .nerl ? owinz to the
that govertitiaqtt." ' I II id, thin
is ste..ced that ,''her ,M; jent3'''n 1
mild Envy [had little di'ficulty ;
lhd,moditication prop° ,nd by
illeh. tken livotild illvg Wail in`;
liiguifica!ion as the iginal ;
Itellier - fdis would lia r.-4cit ,
•ther the' mere cilreun stance
,•e
,:e: ot the ratifi3tfrians, f tli,() , i
i
tiou with ) 11outluras, p - ior in
) theatifi,:atiou of our trelty i
1
it
itain, ironic], "in (fr,:et "hleive,;
signiticatio, n ns the .o iginall
' thus .ndilifi , jl the net:i.
note, Inay. wil' will iie _
oulit
liap; forttinite that ti gne.:•4
1 amen • 2,, . I ;
. ..
goverennent itnoteuta•
le treaty als amelitTed
slavery; slit
ermitted
- lladllfo
n Statti'
in 11:r dwi
.4114 .et
31or.over
thollrea l ty
forni,' we sh
n! arid, re
stipnlations
lei9g in di
nnileiste•
'Senate me
stituted' iu i
thelsoVerei
islands. in t 1
ontraefing
I R 4 I
gage to repo
Rita rand Bo!
and 3.100,
.azi„.'zajd
2ondur4,; . ,
Great. 'Bil
assiuning,
to ofj tb,
ust,l 1L 4 :16,
not
beeti'llou6 l it
• /
! ,, rovcrurnent
tP
agrteing t
10e Setiat i ti, w
thelani
Wording.l j 1
tiieleffLet; tvli
of the exiihati
§m nitiv,e
pOit.t t oftW e t
with Uri...4 J 13
litid;"the
wigaintr,"
311{ - 211eUf ti S
lt fit
tien nz,vor
he Briiish
ter rejecting tl
2a6 eutdr
ted State
±XQ
fy,: if the
w$ §i& .
reeognitioi
ras over t
,
i o a new . treaty with the
61ilar in - all - rospects ,
LC) , had jikst.
,Pilused to
kd ;States would cons w,
tre's cleis and' unq
She suer"
linty of II
, ty Islands the followini•
ition• P., 9i'f begever u .
;epublic izi l f 'tia onduras
and ratified . a treat
4 whieht.lreat Britain
the Republic of !lon
•eaty.i , 1,, /
long was, 9! course, _ rej
l'i haif'rtifus'ed to rec
..,...ventidn With lloudiii
the 27th Atigi4st,. 18661, with 'full k.
edge of its 'couteuts, it ~ • as iingossi i .
at,e.'neeessarily ignordn't of "the pro ii
and:conditions' which misgh m
t be eit'
ii"
in . futuret convention' between. the
parties, to 'Saqtion them, tu advatice.,-,-
.. The fact is,that when two great n.
like 6 reat -Britain and 'the, U. 8 tates;i
.ally dei l irons as they tire;' and I Omit',
may),
of mai taibing the most fil i
rclati ns with e eh other,„bave.unforMi •
ly concludedo treaty 'which"' they rii,,
stind in senses directly opposite, the '
est.edurse is - to abrogate such a treat
' 1 l' d to - ' '
mina. -consent, ,an • comineuce alto
IM . Pits 'been . lel, one protnptlY,', all di ti
tics in Central America would most p
bly,ere this. ha t e been' adjusted to 'the
t
isfaction;of bet partieSi ) , 11m- Prue .s
in discussins the. toeanitig o( the Cla
and Bulwer treat would' Ipiyelbeen der
tiii,titis praiseiVort yl piiipTse,l'nucl- the
iiptild; have ben the
i ina I 'eakilf ae , '
pliSheel ; becaus• the iker i este of the
ePtileriesiu'OrePtral Atitericais ident
l'hiiiiirecinfineitid seeuriu# 4afe!transits ,
all the routes across rho' Istlinius. i
Ii Whilst entertaibing. tht.se xentitnent
shall PcvOrlhele4 pot, refuse ,o contril
Ito' an rea4nald6;tidjuaturtent o the Ce •
•Amorican viestiou wine i is net proem
iiitiousisterit - with the Ad+can,,interpr
1
tioti of the treeiy. 'Jveriures'ror`this
IlpOse haVe been recently titade 'by:the 14
1 ish Oiiv'crothetit i iin a friendly spirit, w
lil Cordiality re i rocate ,• II but Whether'
...1 I- c 1 II but
ii renewedleffort will resul in i„inceess I
not -yet prepared to expresslan opinion.
brief poled will determin . 1 •
1 _ , With Wrance i ,,oureancient relations
' friendship still contimaq to exist. ~
French:goVeturn tit havtil.in several re.
iustanecii, which need n9t . be enuwera
1 to r iiiee+ spirit f good +,l'll and bind,
ii
i towards-our 'con try, which :.I heartily
ciprocate? It is, nOtivithilanding, muc
bsregretted thattWo' intim - Lig, whose.pr. i
eons are - of such a character to invite
tu'ost eiiensire exchargei and fretlit c
• in i creial intercourse, should continue to
force ancient 'and obsolete restriction.
trade against eac other., ' Our coupner
treaty with France is,, in this, respect,
exception t heta ur treaties i with all 9t
commercial nsti us.`lt yealo - ifely le,
discriniiwPing d ties both on largo tor;
and -.on articles, the growth, prodace,
manufacture of the Country' when tirriv
in vessels belongbig to thnother count
1 Moro than for years a a, on
i
toe 3,,
M arch, ,1815, Congress pa o
sed an Act
lag to of nation to admit their vessels
deli with !their national productions into
ports cf the United States:- upon the s'
terms with ohr own vesselX, provided t
would reciprocate b us similar advanta
This• act confined theretiprbcacy . to the
ductions of 'th'e,respectivei foreign nati
who might enter into the pp, peeed arran
'nient,with the United States. Th 0.411
i Mayi 21., 1828,removed 'this restricti
andioffered a shy lar reciprocity to all su
;'vessels •wittiont i
i ,cferenee to the origin
their cargoes. Upon these' principles, o
commercial tread •s'and arrangements hi
Ilion founded, except with Fiance; nail
ua hope that 'this extution may Moot '
toxin. ; 1 , , r
bl
Uhl
Feu
of
e B
thlTtinza .Bctpull
soon-as the
Ith RUfilla remain as
.
Our relattons,
*-
Elffi
• .1 _
have ever'neon --
ing. The ,resent
ifredceessor, hay
Yk. t
occ_ston. ; o
to our country.;
alway,s bocn hig.hky
ertrithent ald the
States
With "all other:
eicent, tha t of 'ST .
peaceful we
that no •pftogross„
l Af..er ;Ibe
since the adjopromAt i of Cc
the. settlement' of any :1
claims of Icar eitizmsagai
government: Beotothe o'
ted on nurftag-,by, he 'Sf n,)i
Ferrottgla on the high, sells,
Cuba, in. March, 055, ',by
1 American Mail stealatt Fil. Ii
1 gaining and searaingltikr,',
tknowledged and eticdressed.
oa 'and temper of , he'S.Paui:
I ;boa
that ofithe, nil.4l•S
to be regrettee:Ou :present
i clmaty:and'intiorter pleuiPat
'Aid" has ai l lked to :b rech - Ved
1
i liurposo to send out. newlinin
. rt' • ~
, hilt special itistrue ions Ja k
iipalling botw'een . th tiro 'gqc
c t.
with a
,deteronnatiea to l liavo t
'heti a Mici; adjustbii V, if l , , i tfe :
In the'tneati, time, ' lidn.lvei
- • 1 - - , ' - c i
utges the-pest claim- of onr
police:of tin:-Spanish govcionT
1
with the objection thatiCoagrt f
made - the i appropriatiOtd Felton
Pl..,:cident•lPelk,.in his 'bilnii,
Vet:ember,' 1847 "tri '1;t1 , Old;
• , ' ,' , I' 1 ;
isb government fur the patpos
tin-aitiong •the claithatilsfin
case.'b ..'A ;jmilar recbtlint
' . . „. 1 „, 1! i:. d
' made b y' hie. 1111'1111;4 cte ; pre
message of! December, lBl3.
. . • I'' '
etc:curling ~•ith both i n
the; op
,
imleniniiy is, justly -due! tt:t4
_with Spain !on - thatrilth 16c't
earnestly rtin mend an a pprq ,
favorable,. consideration oti c;00
'A treaty Of ft ictlltihipltiftl' c inmerce was,
concluded at Censtitniinople O ,the 13th of,
li
Dec - ember,. 1856, liet . Weenillthe United
States end Persia, tlicaati4aliOnaof ! which
were exchanged at. onstatainople . en, the;
13 i h of June, - l8511 1 &iilftt, tt..-ileaty ;wall
proclaimed by, die .l.*sident..i.rflie-418th of
Auguat.llBs7., ' TitiftioalyViti - is , tilieued,
will prove beneficial to Ain - erica Conimero.
TVe,Shab has inanitested'ah l e nest dispo
-1
I,sition to' eultiates friendly,l r lations with
04 country, , and Wig ; .caries ed'l a , str4g
'wig,: that We shbuldlo repios tiled' at -41'e
i3,....;,........., i......- .1.2 r.,...i...„ 1fe1.....a.i..... ' ilLalf - St L-.-_-....p.,
101! this purpose. , l' ' , !-...,
Accent - 'occurrences' in !Chin have t been
'
r
ianfa`vorableito a revision c.f,th reaty. with
•
flit empire of the 3d if dilly, 1141; *witbi
!ti view to the scleurity and extension Of our,
conina4M. The 2 , lth 'article, o' this 'treaty 1
stipulated for, a revision of it •i ease !expo- I
. . •
, mita.' should Prove qs rd ii ! e - ,rt i quisite; ini
,' Whielilca4e' the two governments will, et the!
I expiration of twelve yearsill'on.the date of
ISaid 'conientioirtreat anite,ably conctriThe
I' the same, by roOns of =fillde ciao s ap- 1
pointed to conflict such fiegeti. ii.in:s!
it
.1 hese twelye,, , Yea'rsexpired : the ',3 - d of 1
a1y,1,856; blit long bcrore that r: 'cO.; was
`ascertained that hapartadt Ages;el imi6 the
treay.were necessary; and rievelral fruitless:
'attempts were male by © the commissTeger
of the United 'Statca to effectthese Chan
ges. . , ._, ••
Another effort was abl na t to lie made for
sluet purpose bp,rour '3ttai sioner, in '
coujianction with the'reiiasters cif. England
and _France, bat ithts_was .Tspenied ,by-the
occurrence of Vostilities in' l ' lab Canton river
between Great...l3ritlia,,and, he Chinese em-
Piro.' r ' 1 'il I -
.1 I ; '
\
1.. These hostilities have, iteciasyily liater
' rupted !Wei trade 4f all natiOnS with Canton,
which is now in a, State of ! , loc.. Lade, :aild '
have occaaloned {serious los t b r life 'ape
property. P‘lc , artlyhiZo tbeinsiirreetion with
in the ctuore against file exiStivig imperial
dynasty 'stil! Gontinacs; and it, ie ! diticult to
autictpat what l Will-bo the result , : i- :
, Under these circuinstances,'lhave deem
ed it adii4able, to appoint a dis biguished
1
citizetif Peansyivania li'nvoy i
...
straij-rdi
natl.:Ail 4iniater Plerlpotetitia y to 'pro-
cced ,to China, arid to avail him elf of any
oppoitunittis'which may_ offer to effect cliata
gas in ‘ the extstiultrealYtavoriabbi to•Anaer- ,
ican commerce.: i.IIe. left fhb United States
for the place of Ilia destination in July last, .
in the war! stonier Miutellota. Special-: ;
Ministers to Cinln li",#e also been,apPoilat-
Id by the go'yerialapnfs of Great Britain and ,
France. - 1 I 11,
. 1
I, I
'
Whilst-out' minisler Vas - been '''nstrsicted i !
to occupy a neutral positionlii re ereneo to
1
the existing 'hostditits at • Canton be_Will ,
cordially cooperate lwith thilliilitish, and,
French ministers' in all, peaceful !measures
,
tolseeure - Sy:great 'st j
iptilatiobs those j o ust
con c essions to con merec whiek the nations
of the World ! bay al right' to expect rid'
'which .China;icanuot 'long tie permitted to
withh ,
old. 'l* '
.1 --,
From assurance received I, cot 1 •
lin
rtaiu not
a.doubt that the three ministeirslilt actin
harmonious 6oncert . to obtain sin Bar tom
" mercial treaties for eachof the powers they,'
!represent;
We' cannot foil to feel a cepq i terest!in.
all That concerns the Welfare ofth indeiti
dent republics' on our l owa con i inn t esAvell I
'as of the ea:10mo( Brazil. -2 - 1 . 1
.Oar difficulties with New Grenada,_ which
a'short -time ,since - wore So. - threatening an
aspect, are, it is to be ! hoped, laii - fairtrain
of set:letnen in amannelfustrand honoia
blo to both walties. - 1 .
. 3
Tbe isthm - Ws t of , Central Atdoalj ;, inclu
ng that of Panittne,, is hullo great high:
ay between the Atlantic and',Paciifle, over
hich a large portion.; of the', commerce of
tbelworld is destined to'pass.i Tbe-United
States are,More;deeplytintere4ed pan any
nation in preserving the freetloldand seen
,,ritY of all , the communications adross' tnis
Isthmus. It is our dutyil therfifor i e'to take
tai's that they Pail not . bevinterrupted<, el ,
thee by invasions fromour awn country, or ,
lyzf
ropn
! Utii
r
0 t i ne
intl. I
ut l to
lifted
1
aidiu-
-I st,
shSll
with
shall
urns
rzi
~~
-• -4 1
;rid
lijt
thus
hied
• 3 MC
iota
utu-
lever
'miry
,
aLe
(l2r.
by
cti .
ba
sat-
:,
ute
tral
ut ,
lit:
idli
I bis
iiin
of
. he
nt
ess
ge
or
ug
be
ne
ey
II
I ,
ISM
.... , -,:.. H .
i
'1 J ESTAI3I4-1-8I- ED 18!
, 1 . ,. .
v , ..•,•
v . ~,,..
MEN
: --- T - --- --.- -' T - --- I — P -- - - 7" ------- • ". • ~ ;,.-:•-• • (
's t friend fy s font ij - hti till rtl - "Ctween` tlle lii - ifep`eittlentl
;as well as I,lia),Xentiai AttiNiei .i. .. ,-" ':" :::. • ;
li,lekii Avbell'fh:V•r•:„pil , fir our:lni,itr•ovi,ti l N,si Ur
tileir../AnqNT:9- I ,.: , Dcein her 1,.., 1. - 8:4-6,‘ wo deer boutiV l
friendship. li:isi a l i i .y : 1 14 m if ' r':tlity o:'-jli - 8 i'stbmirs,
!ted bytile.gov- o'utp,l:i,hiou,h :chic!' `the Pall 111., - /
_ .
of the -Lotted •ip.':- , ,,.-, as well .ss the rights of
1 ' - - r -- '' AIM ;',.op, :ivy w'a 'eh • 'fNe Vre.tfctici
1
,go,„,rntil.exijg, 1:pp,..4.; ( 1 ' 5-ov . r t r ue 'said: tetritorf..!if , ,
elations .art as i lig4kii, is founded .up.iiivalert .
I react, lo iti)' 'if:4ll)l4lb tr":a iy--to (kepis, and
ins been niqi., l 4nellt i rkthel,Kilited Stlte,-..
~,,
Ingryss, tows4al4 - '7 "..I. , l:iii:r" , thesif eirratustativest_rect
j the tinincloes ;to ;)Congress the'•pas:*of:4ol act
Ist• the Spanish ; zing, tilettl'r'sid, r.t, in „case if nec - cs
citrage commq- , eini,:oy,iii - e , ,land n.,ml bav:il fiire.s •
lishwar-frig.o6 - , I Starksita'earty into effect), Os gun
off the coast `,i)t - Inetitra:lity and In-,/ i t ee i•j on . It u hp r i
firino. intothe", "need t lithilar begislati•in for the see
toraen, and'ile- Ie
m
anyl'oth z ert•rout;,(Lititns::' the Istlimui i
em
rtlins unni,
O e,.ivi,incquire atili:deret 18," treat
'111e). m
geifc'
Tl' . Wit i the iudepewlert Rep lilies
sh.go,vernerttiOontinlut it is both our 2 duty and•ou,
tatesare''bnitlhjest to attltivate•thk l u tist frietidlY re
envoy extraer." Weoa'iniever feel indifferent to the
OM a.
ntiary to•• lan 1.11 st alwayli rpinee in their pro
'and it is inYtUntn - ttnately,. h i gh for,thetti and- .
nester to . Bpain , our Ipx:jtapte and advice have lost n
all. question 1 their inToxnec in culiscquencp o: tt
is,fdroents; and` less expoilitions which hare bben - fit
them speedily'. agiii} , t s line of thetri within Idle if
beltoy,ble.‘, our 'country. Nothing is better eat
pug • minister , to.riltard our . stetit.l3 mattnial inrogr
iitizen's on' the . impair buy character - us, a n'tati,m, th r
s
"eat, he is rit.g ... t..i el: oi rni
,of • uch -en tcrprises, in; v t
sa,L'aVe never.: of. Vt.: laws ef liaiions. - " 1 ,
13.1111411de:1 by t I,t is Dub of the first, and highest antics
.l message ol of any independent State, id its re ations,
to the Span. 'With !hit, mem be(s-; 2 of glie g:rest, f• ii .ie
• . - . , -4-- 411 3 n
5e of distribu.,nati,its, to
i restraiti-,ds penple-fronracts-431
Ithe Aiii is tad ", hostile itggressiiin against .theirs citizens „ ,:nr :
r tudatiop was sultyets. 'rile.moSt eminent ;writeis-`, btf •
iCessor in hi4,lpublic law '.l) - not he4itato to; donimiTee
ha,, - T, entirely.' syeli,hoStil.” 'lets as.robliery and - intirder. -
Yielt,that :his ;. '‘\tesli r and feeble States, like those of
r i ...tlic. t RT.' tyl. Ceniral , %\inerlea ' may ',not - feel IliNitseles
,
'er, 1795. I t AA.: to assert and , vindicate. th'eir, rights.--7-
Iti i ation to I The case. ould be far 'different if expe.ii-
Tess. quo's were set on tout trttltiii.'our own •Tef,••• <
ritorics to.ibake private war again,stliAtorr i , -: .
eau!' nation. if f „such expcditiotis
,were
,t
-ted chit from abroadritiainst airy portion/ofd ••••"-
tour we 'country, -to Curn down cities t i t
were.
S r
er and plunde our peopled and, usurp
t
•our government, we Shollid C.4i ally potter
on earth to the strictest account 'fornot pre.
venting such enormities ' -
Ever since the admin t stratiOn of Gen. -•
.
Washington, acts - of Cong ess . have 'been in
'force to punish severely t ti - eri l inirof setting - -
i
an foot a military expe ition isithin the
t
limits of the U. Stat ,, "- itir ty '
___. tie Facet; nett ati ..-
Mit orAttrfl i W," - TatB let_ but tittle-10M
tibia a erollectiOn of 'priti-existinclaWs: -Un;
Ider this act the Preaidetit is ' I
eMplwered-to
,
employ the.land pad navaT ferleal and - tha '
1 - 'inilitia, "for the purpose/ of preventing dia
l earryinglto of any such', eXpediiion or en-
terpaise•froin the - territories , and juritidic-x , -:.
tion of the U: States!' and - tilb collectors
li • . th , ...) i
of customs are 'auori zed and required to
.._ .
dbtain any vessel in port when thetelis reit. __.
I sin to I:relive she' is übett to tae.,,; p act jar:, -
isuch le'svicss enterpriSes --.----- 4 i
iW Lien,it irAs first rendered pribablethet,,,--
an attempt would be made to gyli up ittiotO, ,
1 I cr`lunlawful expedition. against Si'eatagna,
the Secretary of Ste.o2:, issued listructions ,
tol tho Marshals and ..District "Aitortieyi )
which were directed by the i Sci,.4etariett.of
„Wiir and the Navy to the approplfiate arinr ,
and navy officers, requiring Chen4tO' be wig;
Han!, and to use their hast exertipas in ear
-1.-yingitito effect the provisions of•1,818', 7 '
'Notwithstanding these precautio4s, ;he ci-' ) :
pedition has cscapeatfrom our sheres. Snot" ~
,ettlerptiscs can du no possible( goocl,to the\ ,
;eourgry, but lavaalready inthete'cumell -
i '.-
injury both en- its iitcaests' and }is charae. .\'
ter.- They have prevented
peaceable-e*
.
grat;ot'f o the tted States to•tieSta es
of,CentralAnerica,
which': could not jail ,
to.' be highly-..beueticial to all' ili-t parries
concerned: In ' a
, pecuotary. point of 'view'
alone, Our ,eitisens) have sit tamed heavy
tosse.s'froni the seikurc and.elosing at :ibe, ,
transit rot
, te by the Sae Juan b4tween the
,-
two oceans; •-- -' - • ' . - •, 1 •
Theleader of the recent expedition inii
arrested atj New OricanA, but vrastdiscbarg- ' t
ed-on giving bail for his appearance in the,
tinsuffiatent snm of $...000. , .
I.recommendglio - whole subject to the'.
serious attention of Congress, b-iliiving that :
our duty and our inter...is'', as well as 'our
national character, t quilt.° that 4ci Shenk' '-'' -
adopt such measures as will be .effeetuil in ''; t
restrainin,ls , our eitivias front"committing
such outrago,- 1 - . 1 A - -
/
. . regret ,to'ln fence "you' that the President -
of Paraguay 'has refused to • ratify :the treaty ', .
between the United States and tliat, State, f.
'a4atneeded by the Senate, the taiinatiire of .'
Which it asimlutionettiu the tnessge ant)!
predeccissor to Congress at' the openiug "of '
the session in -Ditbember, 1853. 'The real-i . /
sons assig,ncd for kir refusal Will atqiaar • ..,_
in the .borrofpondenco herewith Auhrnitted.
,It Ilingidesirable, to ascertain kite fitness,
of • the li'ver La Plata and in tributaries for
na - iigatiOnlby stestn, the Unit id: States
steamer Water' Witch ' was sent' thither for
, that "p ttrppse in -- 11 - $ 53.1 .'I his en t4prise was!',
SuccesilfillY , cartjett •on /, until" February,- •
ISfirt,•wben,
.whilst in the peaceful pro.s-e; • 1
cution of her yeiYage up the Parana rtver - ,
the ,steatiterziris fired upon; by a - Paraguay- , •
an for - . Ahe iire_wa's returned; Initas the - 1
-
\Vale! Witchwait of small
force and nap
desini I for offensive. operationu , she.:retir
ed g oM , the oitict. The pr r tex urou
-•
-.
which {the attack wiiii made, was a decree ot
the Pre;ident cif Paraguay of Octo,ber,-1854, - .. 7 1
prohilttng foreign trea-teli . of-war from nay
igP_titte,\"the rivers of Ihat State. ' As p Yarn
quay, however, was.the 'owntr ,nf. but one i ,
bank, ef, 'the liver,of that name, bile' 'other -.
beloolgini t.) the COrrientef a State of 'the ,
Argentin'? Confoloiation, tins right of its
~. 1
government to expect 'that'''
such a decree .
Would be; - ti r beyrd Cannot be. acknoaledged. ~,
But the 1) . ate( l ',Witch_ was Int, properly-
speakieg,t a vessel-of--war. She,' was small
steamer engaged- in , a so entifi4 puferpritte -
intended:fa 0
the idvatituoe of. cormitert*il , .'
- , , :
, 1 \ • :.- ) .-
11 The In ..
Enver°
pi.% or f
d thcirj
ti , ppreci,
P4P!e•
kFoileat
n r
decire. '
atqcbr• L
4 •
El
Ea
MI
I
to tes.of
wida ,of
to-guar:
of
his-01) . 4
geant
/Overt:if
nitrtewl
uttkiri.
I Dv': in
• •
the U.
l inty of
teelativ.
n tthis
inter
atianet
r f l afe j
iperity.
lot. , us . ,
uch at
le last.-
ell aUt
I tlitS Of
Los, ar
r in tha
I•Atiou