Pt ; • . . , . • • • . . •••. i "/ . . I I . . • . . -'..5.5., . . . . • , t\ t - . . • . 11 . . . . - ".1' ' • .-'''''-• - I ' .1: ' • ' e' • • ‘4 4 : . ' '4 4 • ••• • • . 1 , ..i . . . . i . ... . , . . . . . . . , ____._ ....... ...--- ....._ . . ... . . _ . . .... -__ . - ... . - -...... ... .. . .......- . _ ___ . .. ... _............-........- -..- . _ ..,. ..., ~ , . p • , . . . . . , . . . , ... _ , • • . , . . i ; -",„ • .. . ' . . . :. • - ... . ' . . ........> • ‘'. ;" .. . . . J 11 1. .••• • ' . -:.' .. .. . • . • .. . , , „..„ . A N . , .• . 40.- :=l.' , - ;__ -, ' 11.3 . . .:.. . .... .. , . . . . .... . , . . . .. . TO .il 4 , -'1 . - 1.- ..- t. , . ! .. ~...:. : _ ~_.._... .. ~ , . c e .._ . , • ' ".. - , .: 41 11111. ? . ~ • : AO , t . , . . ... .. . • • ,i j ~...,: ~.,. :, ...,. ~ . , . . . , . ... : . . , . . . . _._ . .. .. ._ . . ~. . ,-. . . . , ...- ]. - .'-,s .. - , • . .. . . .. ... . . . , _ ~ ... . . ~. . . .„.., . . . . . .... . . . . . ....- : arr , „; oloaltam i.Aerrituou, tropritiod, UAL MESSAGE r ER IttE ,EN . Tbr THE UNITED antra's. ORESII .t;ls*A4;itilero r•lca. 43, 14364 • thew 'of t.l4..e!senato and House of !entative - a; • • Fellow c Ripre iince to the command of the Con- It has tiow:Abecome my duty " to :ongresiiinformation, of the state of 1, and recommend to their tonsider 7 4 measurei " at, I judge to be " ne, 3a expedient." • • -- '' A "st,,and • above . all, • our' thanks art (mighty God for the.arsinerous bene i He bes.bestewed upon this people ; mited prayers ought, to ascend to lHe would continuo' to bless nue rublic lin time ,to come its he has., in timii past. Since the adjourn- •e last Congress, our constituents yeit an Unusual degree.of health:— has yielded' her frOits abundantly, iount4lilly rewarded the toil of the • All. ,Our great staples have com igh_priceNand tiptill.within a brief 1 r manufactneing, teinemliand , me • "'occupations. have largely. pal tiken • neral prosperity. •We ,biome possess- • a elements of ma . terialireilth, in rich ce, andryet, notwithstanding all these . e; our toe airy, in its monetary , ' in . at_ the, viesent moment ins deplo ditiort. in the midst of unsurpassed alltlie productions' of agriculture' .11 , khe elements of national wealth,wo 'Arial/factures suspended; our public taided i ,our private eiterptises of kinds abandoned, and thousandtef ore; throirrout of employment and g want. !Ilii,r , ,,,fepue or Chit Gov , which is ably cierlyed from duties ' is from abroad , has /kWh greatly re hile t'l'ii• appropriations made by 1 . silti hist _ session: for the current rare very' large , in 'amsittrit..- ' these cireumstaneet a join m ay -be [before the lose of, lour present ses ibisoilthorth deeply to be regretted rove' to be -only- a alight misfortune nupared ,_with the suffering and A m-ailing_ among „the people. .With Gbyornment cannot fail deeply to, iv..., ,thouglit it may. lie . without.the n . extend -relief. - ' , ELI tutioti, give to ' the Unio ation snc, cessary 'But 6 , ducjo fits wtii =pa crar I Him that great re blese6 wrent of bare enj The ear and has -husband - --mantled ' pedal, , zhanicall of the gj bunda advktrta terests I rftVle co and ir(2ll find Our, „works 11 di &son useful la ~Areducgd etnment l nn ifnpo . Colsgres fiscal Uude son ; ba would p when c: tress D this the sym.pia power.t . . Tue nsuarcrat. REVVLILION. 's It is ,ur duty to inquire what has prnalticed - .such nn _ ortiniate results, , and whether their recline e• can be. prevented! In-all. former ' revulsio .-s the. blame might haie been fairly attribut to a variety of co-operating.caus 'u; bit , not.so upon' the present occasion.— it is lip l arent. that'air existing misfortuneg - have Pr. ceed at solelYfrom our extravagant and 'vicious, ystern of paper currency and. bank ,credits, exciting the people to wild,specnla tions at d gambling in steels: These reiml lsions in so continue to recur at mcnessive in-, 'tercels so long as the amount of the paper .Curren.v and _bank loans and discounts of . the sit try sball be left: to the discretion of court en, hundred irresponsible banking !nail , tationsi which - 4rue the very law of - their nature ill constitt the interest of their stock holder rather than the public Welfare. ' • ' The ramers of the Constitution, whenlhey zaveit! Congress the power ",'to coin money .„-and to regulate the value thereof," and pia hibite the States from coining money, emit ting ix anythi ng bi Is of credit,, , or.aking . gold .a.d silver coin a tender in payment of . debts, upposed they had"pfotected the pets. rie ag.inst the evils of an exixeisive end irre deema ,le paper currency.- , They are not ie._ Fp 0 r!si . a for, the- e± sting anomaly that a .govern ent endowed with the sovereign .'at .ttibut• of coining money and regulating _tbe . value !ereof,should have no, power to, pre - vent o hers from driving this coin .out of. the I Count' and filling up the channels ef•citcu lation lilt paper which does not represent gold d silier. - ' . '''' It i one of the highest and most teeponsi blei,du ies•* ( of Government` to insure to the N peopl a sound circulating medium, the 1 inoir t t - h o is f -be ,wh e i it c h h e o r u oi glat i t i o y be abcw ad e a ct pt r ed grea wi ti th r, the ut oat ponlible `wis dom , and skill to the wants of internal trade And _foreign exe,hang-1 the - propU :standard, the marketable. of every' man's property is increased ors .tied in the same pr4ortion, and in r to individuals as welt as incalculable 'ix the compunity are.the 'consequence. ortunarely, under the 'construction of eral constitution, which has now Orel too long to be cumgeti,.this important I licate :duty has been "dissevered from iningg power and virtually transferred re than fourteen' .bandied State. banki,, independently of each other, , andireg-- g, their piper issues almost exclusively nerd- to - the present interest of . their elders. Exercising the sovereign pow providing a. Raper currency; instead of for tb ) e'et,untry, the first duty which banks osie to the public is to ItCep in their a sufficient amount of gehl and4ilver ire the convertibility of their notes into at all ;draws and under all >circumstances:. auk ought ever to be chartered without restrictions on its business as, to secure esult i - All other restrictions are-corn ively..',vait4 This is the only true touch-' the-bray t efficient regulator of-a paper itcy-ilthe, only -one „which can guard üblic - against over issnes ••ind bank sue -0 Ili. 1 a collate r al 'aeventual. security it is k jeh tless, wise • andt in all cases ought to be 'red, that -ban in bold an amount of ea States or State': eeeurities'equal.to notes in circulation and pledged for redemption. This, hewer, furnintiel equate security against over imonsA 'On outrary ,it may be perverted to. inflate • ntrency. Indeed, it iWpossibleby :this s to 'convert all the debte,of the United and State Goveniments into bank. ,Is; Without reference to thaspecie requir redeem theta. 'However valuable these it ties may bp ie themselves, they cannot onverted into gold and silver at the mti,.. t of Pressure, as our experience taachett/. fficient-time to prevent bank-seeps the depreci ation •of bank notes. ISt isit , which to-a very. co !Went per money country., though vastly behind • own in-this lespect, it waideemed Adria- ; anterior 40 the act of, rarliament of 4, which wisely separated, the iseue of front the banking -depstkinent, for the Ti of El'oiland always to -keep on band ~, "value evils 0, Un t.tock, er of eaiu, These vaul to in coin such this pars stow: • dou req 'Jul thei . thei, no the . the Otte not, ed t gold and - silier-e4nalito one third of its com bined circulation antfliteposits. • If tits torqrrtion was no more than suf ficient!to secure theconvertibitity of its notes, with the whole of Great Britain, and to sortie extent the continent of Europe, as a field for its tirealation, - rendering it almost impossible that,* seadett aed immediate run to a 'den gerciniramount should be made upon it, the same proportion. would „permit - 0y be" insnifi tient undernurbanking system. Pch of our fourteen, hundred intake ..has but it limited circumference -for its circulalion, and in: the coursed a very fur days the depositors and note•holders might - demand from such *bank a sufficient arnountin specie to compel it to suspend, even although it bad coin in its. vaults equal to one third of its immediate liabilities. And yet lam not aware, with the exception of the banks of Louisiana, that 'env State bank throughout the Union has 'been required . by its charter to keep this or - any other proportion of gold and silver COM-, pared tetth the amount of its combined circu lation- and deposits. What has, been _the consequence - In a recent repor . t made by, the Treasury Department on the , condition - of the banks . , throughout the different States, according to returns dated nearest to January, 1837, thel aggregate amount of actual specie in their vaults is i 58,349,838, of-their circulation $214,778,822,and oftlieit deposits $230,151,- 352. Thus-it appears that these banks i ti,the Aggregate have considerably leu than one dollar in seven of gold and silver compared. with their circulation Ind deposits. It was palpihle, therefore, that the very ',first pres sure must drive them to suspension, and de prive the people of a convertible currency with all its disastrous consequences. lt is truly wonderful that they should have so long continued to pAssorve their credit, when a I lle c tinaihtforlhe payment - of one seventh or tiAir immediate liabilities would have driven them into-insolvency. And this is the condi tion of the bank; notwithstanding that four hundred millions of geld from California have flowed in upon us withinNhe lasteight years and the tide atilt continues to flow. Indeed, such has been She extravagartce of .!bank credits that the batiks now hold a con siderably, less amount of specie, either in propirtkon to their capjtal or t their circu lation and deposits combined, than they did before the discovery of gold in California.— While in the year - 1848 theii specie in pro portion to their capital - was more than equal to One dollar for four and'a half; in 1857 it does-not amount to one-dollar for every sii dollars and thirty-three cents of their capital. I In--the year 1848 the specie was equal within a very small fraction to one dollar in five of their circulation and' epOsits; iiiiss7 it is not equal lo one dollar tri seven 'ancl\a . 'half lof their circulation and deposits. From this statement it is ; easy to -. sccouirt` for our financial history for the last forty years.: It has been a history of extravagant expansions in the business of. the country fol lowed by ruinous contractions. At succes sive intervals the best and most, enterprising men have been tempted to their ruin" by ex rcessive bank loans of mete paper credit, ex citing them to extravagant importations of foreign goods, wild , screlations • and rninons , and demoralizing stock gambling. When 'the crisis arrives, as arrive it must, the banks can extend no relief to the people. In a vain struggle to redeem their liabilities in specie; they are compelled to contrast their loans and their issues ; and et last; fin the -hour 'a distress,-Wheti ressistance is_ must needed, they and their debtoro together. sink into in solvency. • It is this paper' system of extravagant ex paniion,. 'raising the, nominal price of every article far beyond its real value, when com pared with the Met or skillet articled in coun tyiesWhose circulation is wisely regulated, Which has prevented' us froth competing in our own markets with foreign manufacturers has produciid extravagant importations, and has counteracted the effect of the large inci dental protection afforded lodmr domestic Manufactures by the present revenue tariff . - But for this the branches of our manufactures composed - Of raw materials, the productional our own country—inch as cotton, iron, and woolen fabrics—would note* have acquired almost exclusive pow:Mien of the home mar ket, b t would have created for themselves a foreig market:throughout the world. _ Deplorable,,however, as may be our pres ent financial -condition, we - may yet indulge in bright hopes for the fiture.. 'No other na tion has - ever existed which could have en dured such violent expansions At contractions of paper credits Without lasting injury—yet the buoyenCy of youth, the energies of our populati4vand the spirit: which never quails before difficulties, will enable us soon to re cover from our present financial embarrass ment, and may even occasion us speedily to -forget the lesson which they have taught.- 'A TEMPORARY EAT s 101141,1.05 E. In the mean time it is the duty of the Gov ernment, by all proper Means within its pow er, to aid. in alleviating_ the sufferings of the people occasioned by the - suspension of tbe banks; and to provide - against the recurrence of the sime calamity. Uufortunately, , in either aspect of the case, it can do but little. Thanks to the independent treasury, the Gov.- ernment has not suspended'payment, s he was compelled to -de by the failure f th banks in 1837. It will eolith= to discharge its liabilities , to the people in goidiand silver. Lis disbursements in coin will pathinto - cir-. ciliation, and materially . assist in restoring a sound currency. From Hs high creditishould we be compelled to make a temporary loan, it can be effeetel'on , advantageous terms.— Tbis, lOwever, shall, if possible, be avoided-- but if not,_then the amount shall • be limited to the lowest practicable sum..: I hairy; therefore, determined that . while no - useful government works already in progress shall be .suspended, 4 zair works, not already continence), will be putponed.if this cau be done without injury to .she country. Those necessary for - its defense shall proceed as though there hid been no crisis in our mono triry affaim, But the Federal 6 - everyone , . clunot do mlich so provide against a recurrence of isting evils, Even itinsininountable tutional objections did not exist against the crektion of a National Bank, this would Air nisb trn adetinate 'preventive security. net hieicay of the hank Of the United Sista abaudantlrproves the truth of this assertion. SUob a bank could not, if it would, - reguiate the Wines and _milts 'of fourteen hundred State banks in such a :rnanneros to prevent thf*Potts igranOope c9outotioas ip aWE ARE ALIE 4 EQUAL. 111EFOIIM tittob Alll ID. THE tbilig i filriTlON:s•- , thJitiites heti • f • . 1 I • • olttrose, Susquekanna C,ountg, J orutug, Pit btr 17, 185 ... oar currency - ar lich a ffl icted the country ihrougtiout,the e istence of the late bank, or secure us against future suspensions. In 18- 25 an effort was nude by the Bank of Eng land to curtail Ale issues of the.country banks under the most Womble circumstances. The paper currency hid been expanded to a ruin ons'extent, and s.he Bank put forth' all its power to contract it in order to reduce prices and restore theiequilibrium of the foreign exchanges. - It' rcordingly ,commenced a system; of cu,rtailment of its loans and issues, in the • vain hi l DiKi - that the joint stock and private banks of the kingdom would' be com pelled to follow itsexample. It-found, how ever, that as it coniracted they expanded, and at the end of the processoo employ the lan gunge of a very high official -authority, " whatever reduction of the paper circulation -was effected bii the Bank of England (in 1825)-was more than made up by the issues' of the country Winks." TEE POWER OF 4 NATIONAL BRNE--EtWOIE , TIONO tTO STATE - 11/1151(13. ..:, But• a Bank of the United States would( not, if it could, r4strain the issues and loans of the State B nks, because its duty as a redullitor -of the currency - must often be in a direct conflict with Theimmediate interest of its stockholderfk ) If we expect one age r tj to restrain or control another, their interests . must at leasf, in 'some) degree, be. antagonistid:;- But the Directors of a bank of the- United States would feel the same interest`and the same . inclination with the Directors of the State Bank' to expand the currency, to accom modate their favorites and friends with loans, and to declare latie dividends. Such heel :keen our experienee in regard to the last Bank. • After all, we must mainly rely. upon the t patriotism and vitisclotn of tha,Stat for the : prevention and redress of the evil* if they will errirel iiA a ■l4.st mreie,lciasis flit ur paper circulation by increasing the denomination of bank notes, first fo twenty,Ond afterwards to fifty dollars; ;if they will require that the banks shall at all timed keep on band at least one dollar in gold and silver for every three dollars of their circulation and deposits; and if they will prbvide by a self executing enact ment, which nothing can arrest, that the mo ment:they suspend they shall go into liqui dation, I believe that such tn . ,' visions, with a weekly publication by each bank of a state ment of its condition; would go far' to secure us against,future suspensions of specie pay merits. ' - BANKRUPT LAW /OR THR BANK& • Congre s in my opinion, possesses the power to pass a uniform bankrupt law applicable to all banking institutions throughout the Unit-, ed Stater, and fatrongly 'recommend its exer cise. This would. make it the irreversible or ganic law_ of each bank's existence ! , that a suspensi6n _of tpceie payments shalflrod Lige ite civil death. 'The instinet of self preserva tion would then*Mpel• it to perfort‘i its do tit in such a Manner as to escape the penalty and' krwerva its' life. - The - eaistencq (it banks and the circulation of bank o.per ate so identified with the hab its of our pe))0 , 4,. that they cannot at this day be suddenly abOshed without much immedi ate injury to ti &unity. It we could con fine, them to their appropnate sphere, .and prevent them from adrnikstering to the wild and reckless speculation by exttavagant loans and issues, !lei might be cotitktued with ad -Vantage to the üblic. But this I "ea', after long and ixinflec t2ion, if experiince shall prove it to e im possible etry , the facilities . which well regulated banks might afford, without - at the same time suflaring calamities which the ex cesses of the[t+kii have hitherto inflicted up on -the country, it would. then be far the les ser evil-. to deprive- them altogether of the power to issue a paper currency and confine them to the functions of banks of deposit and discount FOREIGN RELATIONS. i- Our relations with foreign governments are, upon tha whole, in a satisfactory condition. The diplomatic difficulties which existed between the Government of the United Suites and that.of Giest BAtain at the adjournment of the list Congress, have been happily ter minated by'th4 appointment of a British Min ister to this co?uotr.y, who has been cordially, recefved: , 1 While it is igreat!y , to the ' interest, as I am convinced it is the s incere desire , of the gov ernments aud i t people of the two countries to be on terms 4 intimisteltiendship with each other, it has been our mibfOrtnue almost al cis a: s o t u o ts h ta a v n e di b: g d q so n m as e t ii o s n ri twit; with gogreanott Britain. nr $ THE CY.ATtOy-BRLWILE. TREATY. Since the origi n of the Government we have een emploied in negotiating treaties with bat power, and afterward In discussing their trueintent eed-meaning. In this respect, the Convention of April 10th,. 1850, commonly called the Clayton and Deliver treaty, has been the most:unfortunate of all .; because the two Governmits place directly opposite and contra flictory4constructions upon its first and most Important article. While, in the United State', We believe that this treaty would; place both powers upon an exact equality by the stipu lation that neither will ever " occupy; or tor- Ofy, or colonize, or assume or exercise any dominion" over, any part of Central America, Lit—is contended . by the British Government that the true construction of this language bas left them in the rightful possession of all that portion of Central America which was in - their occupancy at the date of the treaty; in in fact, that,the treaty is a virtual recogni- Aion on the part of the United States of the right of Great Britain, either as owner or pro tector, to the whole, extensive coast of Central America, ssreeping iound from theßio Rondo to• the port and harbor of San Juan d 9 Nicer agni, together with the adjacent Bay Islands, iexcept the comparatively emall/portion of this between ] the Sarstoon and Cape llondu- : and ` Cape •I According to their construction, the treaty does no mot's that simply prohibit them from extendittt i . r possessions in Central Anueri tel ce beyon d . r i present limits. It is not too much to assert that if its the United States the, treaty. had been considered susceptible of such iconstruction; it never would ,have been DegotiatedAmder the authority - ot•the Presi dent; nor wituld 7 it have receive& the appro bation of the Senate.' The universal contri tion in the united States wits, that when our Government consented to violate its tradi tional and-time-himored policy, an&to stipu late pith ri foreign government never to oc cupy or sMqitire territory in the • Central 'American portion of oar own cejlinent, the coastdetatioti for this sacrifice warthat Great, Britain 'ehould, in this respectat least, be placed" in the same position with ountelve. While we have no right to doubt/ the sinceri, ty the British tiovernineat in their con struction of the treaty, it is at the same limit my deliberate conviction that this construc tion is in opposition both to its letter and its spirit. THE VALLA/3•O4ARIINDCT•TIXATT:' '' Under the late Administration i negotiatioed were instituted-between ihntwo Governments for the purpose, if possible, of removing these difficulties; and a treaty having this laudable object in view was signed At Landon on the 17th October, 1856, and was ,submitted by the President to the Senate on the, following 10th of December. - Whether.thta treaty, either In its original or antemleff form, would have accomplished the object intended without giving birth to new and embarrassing cora phcations between - the two Governments, may perhaps be well questioned. Certain it is, however, it was rendered much less objec tionable by, the different amendments made to it by the'Senate. The treaty, as amended, was ratified by Me on the 'l2th of March,. 1857, and was transmitted to London for rati-• fication- by the British Government: That Goverothent expressed its willingness , to con cur in all the amendments made by the Sen ate with -the isinole exception of ~the clause relating to the Rueter' and the other_islands in the ltay of Honduias. The article in the original treaty, as submitted to the Senate, after reciting , that these islands and their in habitants "having ,been by a convention bearing tlate the 27th day of August, 1856, between Her Britattic Majesty and the Rep-u -lic of,llonduras, constituted and 'declared a free Territory ender the sovereignty -of the - Reptihlic of Honduras," stipulated that " the two contracting parties do hereby:mutual ly engage to recognize and respect in all :,,..I. l ..asona god ritesto of the said free territory as a part of the Repub lic of Hon:hires." - • , Upon an examination or rt,in.o tinsshe. tween Great Britain and Honduras of the 27th of ttugu.t,lBs6,it was found that,while,declar ing the Bay Islands - to be "a free territory un der the sovereignty of the Republic. of Hon duras," it deprived that . republic of rights .without which its sovereignty over them could' =scarcely •be said to exist. It divided them from the remainder of Honduras, and gave to their inhabitants a separate government of their own, with legislative, executive, and ju dicial officers elected by themselvhs. • It de prived the government of Honduras of the taxing , power in every form, and exempted the people of the islands from the perfomance of military duty except for their own exclu sive defense. It also prohibited that republic from erecting fortifications upon them for their protection-.--thus leaving them open to invasion from any Auarter ; and, finally, it provided " that slavery , shall not at any time hereafter be permitted to exist therein." • Had Honduras . ratified this convention, she would have ratified the establishment ors State substantially independent within ber own li m its, and a State at all times subject to British influence and control, Moreover, had the United States ratified the treaty with Grerie.Britain in its original form, we should have been bound "to recognize and respect in all future time" these stipulations to the prejudice of Honduras. Being.in direct op. position to the spirit and meaning of the Clayton and Bulger treaty as•understood in the, United -States, the Senate r..jeeted the entire clause, and substituted in its stead a simpe recognition of the sovereign right of Honduras to these islands in the following •lAngnage: `V'he- two contracting parties do hereby muttrefly engage to recognise and respect the rights ‘of \ Ruatan, Bonaco, Utile, Barbaretta, Helena, end Morat, situate" in the Bay of Honduras, Istrd off the toast : 4f the Republic of Honduras, " under the: Sovereignity had las a part of the id republic of Honduras." Great Britain reje ea . this amendment, As signing 'as't only rea tm, that the .ratifica tions of the co ention of`ths 27th of Atrgust; 1856; between er and Ilondurai„ . ha , of been "exchange , owing to. tlig4esitation f that Governtoen ," lad this bwrione;it is ri /I stated that "Her- tresty'll ...rovertim t would have had 'little di cufty in agreeing the modification 'prop'osed by the Senate, et, ich then wouhi"bave had in'effect the same sigma. 'fication as the original wording." ,Whether this would have been the effeett whether the mere circumstance of th. .euhauo of the railfisatious of- - the British convention with Honduras prior in point of time to the ratifi cation of our in effect" h as the origint fled the amei be doubted. question has , The Britir ter rejecting to enter into States, similt which they United Star Senate's des the sovereil Islands the " Whenever Hobdures 51.. / treaty with/Great Brita'm shall have ceded, and theßepublic of Hondursi shall have accepted,tbe said islands, subject to the provisioni•and conditions con taiu,ed in such i treaty." ,This proposition; was of course, rejected. After the Senate had refused to recognize the British convention with Honduras of the 27th of August f 1856, With full knowledge of its contents, it was impossible for me, necessarily ignorant of "the provisioni•and conditions " Which might be contained in a future . con vention between the same parties, to sanction - them in advance. ' . . ABROGATION OF ma OLATTON:IMMVERTAISA TY lIECO)LAIEN,DED. The fact is that when 'Lk° nations like Great Britain and the United States, mutti ally.desirous, as they are, and I trust ever maybe; of maintaining'the most friendly re- lations with each other, have unfortunately concluded a treaty Whiots•they understand in senses directly opprite, t hey wisest course is to abrogate such a treaty by mutual consent, and to commence anew., Had this been done Promptly, all diffidulties in Central America would most probably ere this 'have been ad justed to the satisfaction of both, parties. The, time spent in, dismissing the meaning of the Clayton and Bulger treaty would have been devOWI to this praiseworty purpose, and the tabi; W9tild have beau tha more easily ac- EMI compliehed because the i • countries in Central Ame . ing confined to awning' i 'the / routes across the Isth I Carrnat. aar. - While entertaining t, shall nevertheless not ref any . reasonalks adjustm,. /Literlin :Tiestions wlii , , .‘ : . iticonstitent vrit t he Am . of the treaty.; ()vertuleg, 4 1 been recent! made by merit in a fri ndly spirit; reciprocate; , ut whethe will result in success I to express an opinion. • determine. ~ With Fn •l mce our , ancient relations friendship still eontinue ( L .:. exist., The Ften Government babe iti Beyond recent ituotan which need nbt be enumerated, evinced a siiil of good will Ond kindness toward our count which I hearOly - reciprocate. It is, tiotwi th is standing to be much regretted that two sinus whose ; productions re of such a .ch actor as to Write them t •exteriate each ges",ond freest, commercia ititercottne, BIM , continue to inforce oncient and obsolete strietiotia of trade again ' t each other. I commercial treaty with ranee )1s in- thii spect an excetion from or tratieti with . other cotnotntclal nation . lt jealously lei discriminatingcn duties bq h on tonnage arid articles, the growth, p uce or manufact of one countiy, when or 'Ting in vessels longing to the other. More that forty yea March 181.5i;Congress p to all nations to admit with their national prod of the. Unified States t with . onr oion irolioclis I reciprocate to vs similt act confinedthe recipro lions of thit respective migna ruin{ '' :,,..... am p, with the United States. ' 1828, retnoied this resti similar reelprocitY to all reference toi',:tbe origin of these principles, our coo arrangements have been France; and let 113 hoj may not lori,g exist Our relations with have ever been, on the The present i Emperor, a gora, hare never failed, offered, to inanifest th, country; acid their frien highly appiecinted by people of Or United 8 With all kaher Euro n governments , ,cept that oft Spain our lations are aspnace ful as we'cOuld desire. I regret to say that no progress] whatever as been made since the adjournment of C egress, towards. the settlement Of any' of th numerous claims- of our eitizeweagainst the Spanish Government. Besides, the outrage co witted 'on our flag by the SparliSh war fri ate Fekeolonai on the high seas, off the cols of Cuba, in M a rch, firing into the mericealnail ste l mkt El Dorado, and detain pg and searching her, iiknains yeacknowedg d and miredre sed. The general tone andtemper of the Sp Dish 1 Government towards th t of the-bnited.S ate: are much -0) be regretted. Our presen En voy Eatraordinary anc Minister Pleni ten tiary to Madrid has as ed to be recalled and i l it is my purpose to send out a new Mi wet to Spain, with specs I instructions o all questions pending bet een the two go-ern-', meets, and with a Bete mination to have them speedily and amicably djuated, if this be pos;.' c, Bible. In ithe meanti e, whenever one min- ister nrg the just clai aof our citizens upon 1 1 the nod of the Spa rah Government, be is met with, the , objecti n that Congress have never made the appr priation recommended by President Polk, i his annual Message - of Dtkeemtier, 1847, "to be paid the Spanish i: Government (Or the urpose of distribution \ 'among the claimatits in the Ainistad Caw." i f. 'similari recommend lion Was made b my -- -= ....Niecesso ,in his Message f ne '—'-, concurring th - -' it- I friendly relations with dr "ri , expressed a strong wish that we ahoy represented at Teheran by a Minister P tentiat y ; and I reconimendthat snap ationbe made for th s-'purgcte. . craws. k. , Recent occurrences.in Chithr,have ben un favorable to a revision of the treaty vi li that empire of the ad Juy,lB44i - w.ith 'a - iew to ,: the security and cxrnsion of miteo mercy. The twenty-fourth a't ticle of this treat .skipu lated for a revision f it, in erne 81 nencp , should prove this to he requisite: " IR whiCh ease the two Govern mats will, at the lexpins tion of twelve years rom the date of said con vention, treat arnica Iy-concerning the same, by tbeans of suita le ,persons appointed to coadect isuch , nego 'ations. ° These twelve 'years 'expired on th ad JOY; 1850; but long before that period i was ascertained that im portant changes in' he treaty wercineeeisary and several front • attempts-were made by the gmtniesioner o the - United , States to ef' 'feet these CllllsgB B . \ Another effert ) lwas about to be l made for then me purpose b , our , Com missioner, in coup otion with thel, Ministers of YAgland,and - Fr nce, but this was suspect-, ded by the occur? nec of hcat.iliti in the Canton River bitty a Greatltritain &lathe chi w eae - Empire. ese' hostilities litre nec essarily interrupted the trade of all nations with 'Canton, .whtlt is :lowlier a slate of a blociade f and bays occasioned ,se 'cluslose of life and 'looped .. Meanwhile lose r-4:., motion withal - the' mpire against 8 exist ing imperial' dynes 'stilt coatitues, acid it is difficult to antrolpte what will be . t e result. } Under these pre instances, I bay` deemed it advisable kr a ' l poiirt a distingui et:Voiti • • . • i (\.. 1 zen, of :Pennsylvania Envoy Extraordinary . and Minister Plenipotentiary to proceed to China, and to avail himself of an; opportuni ties which may tiller tarnake oh nges in the existing treaty favorable to American enth warm Ho 'left the Ileited 'Siete. for the place his of destinationin July lutin 'the war steamer Minnesota. Special Ministers to Chico have also been appointed by the Governments of Great Eritian and etente. While. our minister has been initriicted to occupy. a neutral position in reference to the :existing•hostilities at Canton, he will °cordial ly co-operate with the British and French ;Ministers in all peaceful measures to secure' , by treaty stipulations, those just eoncessitions to commetce. which the nations of th&world have a right. to extent, end, which Chiatiren not long -be permitted to withhold. From assurances received, I entertaialio doubt that the; three ?Moist:eft will Act' in, harmonious concert to obtain similar commercial treaties for each of of thnpsiwens they_tetirtisent. slum AND NEW GRENADA. tereat of the l ie . a is identical, fe ttansits over . Ile. RtOk. • ese sentireente, to contribute ;nt of the .Cent h is not practical, rican interprepiti-, .r tbia..porpose.ba' be British ()over' which I cordial , this renewed eff. :m not yet pre. brier period : w We cannot fail toTtel a deep interest in all that concerns the welfare of the independent republics ? , n our own continent, as well as of the empire of Brazil. Ouedifficulties with New Grenada, which a short time since bore so 'threatening an - as pert, are, it is to be hoped ) . iu a fair Dian of settlementln almildner Just Mid bonoralile to both parties. THE ISTHMUS ROUTES, The Isthinus of Central America, including that of Panama, is the great highwayhetween the Atlantic and Pacific, over which a' large portion of the commerce of.the worldis des tined to pass.; The United. States are tll re, deeply interested , than - any , other nationi-in preserving the freedom and security of all the communications across this isthmus:. It is our duty, therefore, to take care that they siren not be interrupted either by invasions from our own country or by wars between the . Independent States of Central America. Un der our treaty with. New ,Grenade of the 12th Dpstember,ll3-10,_we are ; bound - lo guaranty the neutrality of the letnniiis or ransom, through which the Panstia Railroad *saes, "as well as the rights of sovereignty and property which New,Grenada hair and posses ses over the said Territory." This obligation is founded upon equivalents granted by the treaty to the Government and -people of the- United Stites. - -- Under these circumstances, I. recommend to" Congress the pitisage of an aera n thorizing thoPresiderit in case of necessAy to employ the land and naval forces of the Unites States to carry into effect this guarantee of neutral ity and , protection.' 'I 'altin renotiiinind simi lar legislation for 'the ,security of any, other route across the isthmus in`, which we may acquire an intereby treaty: . - With the independent **Alice tin this continent it. is both our duis , and our interest to cultivate the most friendly relations. We can never feel indifferent to their-fate, and . must -always, rejoiee in their, prosperity.— Unfortunately, both for them and -for us, oar example ;and advice have icst much of their influence in consequence ofthe lawless expe ditions which have been fitted• out, against some of them within the limits of our coun try: Nothing is better calculated to retard our steady material progress, or impair, our char , actor as a nation, than the toleration of such 'enterprises in violation 'of the law of nations. nueuirrSßreti. It Is one of tie first. and highest duties of any Independent State, in its relations with the members of the great family of nattona,to to rd-train Its people from acts of hostile ag greision against their citizecier subj. cis.Zhe most eminent writers on public law do n'A hes itate to denounce such • hostile act' s :if:robbery and murder. . .. Weak and feeble Statesilike those of Cen tral America, may not feel: themseives'able to assert and vindicate their - sights. • The case would be far different if expeditions were set: on foot within our own territories to make private war against a powerful nation. If .such expeditions were fitted out from abroad. against any portion of our ' , ,ottrti cotititti, to burn down our cities, milkier and- plunder our people, and usurp our government," we should call any power on-earth to the strict est accotibt for not preventing such tuOrmi ties. - • ,-- , ~,,_ • Ever she&the administration, of 'General Washtngtoo,acts of Congress have been in force to punish severely 'the crime of setting on foot a'niilitary expedithin within the limits t, of .the United States, tOiroceed from thence against a nation or State pith w om we are at peace . 'The present , neutralit act. of A pril 20, 1818 } is but little more an a collee, tion of pre-elistitig laws. Under this act, the President is empowered to employ the land and -naval forces aid- the, militia;" for the pnipose 'of preventing the carrying on of any such ex pedition or enterprise froth the - territories and jurisdiction of the - United- States," and the collectors of customs are authorized and • re , quired to detain any vessel in port when tberii is reason tolellere she is about to take part k re such lawless enterprises.' When it sass first rendered probable that a . attempt would .be made to get up another unla • fal expedition against Nicaragua, the Score . ry of State issued instructions to `the Marshal. rid District Attorneys, which were directed b . the Secretaries of War and Navy to thoappro. 'ate Army and Navy ,officers, requiring them o lie vi . gilant, andlo use their best' exertions in ... crying into effect the pro visions of the acte 8.18. Notwithstanding -kheie - precaotions. the fiedition lianiescaped str - Om,our shores.: Such en.: rprises can do no pos sible good'to the country; but have already in. a lo flitted mach injury th to its interests and its character. They b ve prevknted peaceful em igration from the U ited States to the States of Central America, WhiCh. Could not - fail to prove highly beneficial to ell gle parties con earned. "In a pecuniary rioiiit-ol' view alone, our citizens have sustained heavy loissi:- sea from - the seizure aind,closing t of the . transit route by the San Juarrbetween - the two oneans. ‘`,.,,, . The leader '(')' Of the recent ex ition was arrestell it New Orleans, but was ischarged on giihng bail. for his • appearance in the. insufficient SUM 21 ' two thousand' &oilers. I commend the whole subject to the *teens -attention of Congress, believing , that our duty and- ouriuterest; aft Well as our regional char acter, ..r t egnire . that 'WII 'should, opt snub' teenier** as will be etlistitunlin Pest toning our citizens from committing ilia out 'gm ' (*Gee Wm Walker) ' ' - L • • ~ isisAMILT. ~ ! , I regret to inform..yee, that *President of - Pitsguay, has refused to SatiN :the treaty': bitwesu the Vetted" Stets and Aat Stei* as ago, on the 3d :of- 1 • . an act died g their vessels la.en cti ons. Into the p its pon the same , te s: royidcd they uo id: advantares.' . is . ity to the Prod 0- , foreign nations bo 'immure nt .e act of _May.2 ction, and Rffer 'such vessels "ith nt their cargoes. Upon mercial tteatiea and founded, except With that this excep ion Russia remain its ost as tis p riendly rd foot well Iwhen the ocee r good will tb ship hass - always :he Government .Yes. . - lotumo4, guinttr by the &nets*, the iiftiltiire 'of hide was/mentioned in the tnessage . of thy #414: . was/mentioned to COn at the opening. of its see colon in r, 1853. The neasonsareals; .ed the -this *Veal will as s the corres pondence herewith subtiiiitilet , • It beinidesirable to ascertain the qtr the river LaPlata And ihkritiutaries for naingaz Lion ate** 6,the United - Slates steatiserWilter I Witch was sent thit .. er for that purpose s • 1858. This iiinitilse erseitier,essfully ear: tied on untiltEebruary,lBss,. when, While id, the peaceful prosecution *biter voyage ; up the.. • Parana river; the steamer was fired upon by a Paraguayan fait: The the vas ridinned I. biases the Water Witch was of fort*. and not designed for offensive operations, acs retired from the: confiit.t.. The pretext upon whitish the attlittt wai toads was is Were* of the President of Paraguay, , of October; 1854„ prohibiting foreign versids.of-war from nafiga ting the rivers of that State. As,' Paraguay; however; -was the, owner ;abut one bank' ; of . the that sem i the 'Other belongingto Corrientes, a State of the Argentine Confed eration, the right of its government to eipdtit that such a decree would be °Wad cannot . be acknewedgedi But the. Water Witch was • not properly speaking a vessel-of-iar. She was a small steamer ! , engaged in a scientific - eliterprirei bit:elided' !kirthe advancement. of commercial States getietallys Under these eireunistanhee I am constrained th eohoider the attack upon her -as unjustifiable, and it • calling for estisfection•from - the Paragiiayan government.. Citizens of , the - Voited States, also, wile were established itt business , in ParagUah hairt,', bad *their property seized aid taken from them, and have otherwise been treated by the authorities in an Winking and •erbi tiery manner wbith requires redress. demand for these purposes will be toads in a armlet conciliatory spirit. ,Thris will the more probably , be granted if the Executive shall have authority to izse other means in the event of a refusal; 4Ccordingly ominsrided. . , • Rennie. It is Unnecessary to sate - in detail the • alarniing condition of the Territoryof Kansas; at the time of my inauguration. The-opixtning parties then'stood in bostile.erray againAeach other. and any accident might have re-Ii rated the dames of civil war. Besides 'at critical moment Kansas was left without a Governor, by the resignation 'of Governor Geary. - . Oa the 19,th of Februaryproyions, the Ter ritorial Legislature bad passed' a la* provid i4 for the election of delegates, on the 'third." Monday of Jfine, to a convention, to meet ptt the- first Monday:of geptember, - for the.- put.. pose of framing a constitution preperntory to admission into the Union. This law was in the main fair and jest; and.it.is 3 to be regret- ted that all the qualified electoni:tad,notr registered'themselres and voted under its pro visions. ; At the time of the election for delegates an extensive organisation esistedin the Territory, whose avowed object it_ was, if need be, to put down the lawful governinent by,force, and to establish a government -of their own under . the Igo., called Topeka .COnstitution. • 'The persons attached. to this revolutionary ofgani szation abstained froni'taking say- part in the election. . The act ofthe Territorial tegislature bad omitted to provide for -ulitnitting to the 'pee- ple the constitution which might bi; framed by the convendon 1 and in the eicited state --,- of public feeling throtightiut _Kansas an Aip- prehension extensively prevailed chats , design •, • • existed to force upon them a constitution in- , relation to slavery egsitist-their will. . In this ' .emergen4 it became my duty, as it was ni unquestionable.tight,laving in• view the nn- ion of all good citizens in support of the ter ritorial .- • lairs,' to express an-opinion on the tree - coast:undo° of the proitaiona concerning slavery contained in the organic act of Con. gress of. the 30th o f May, 115.54. Congress _ " declared it to be" the true intent and` mean- ing of this act not to legislate Slavery, into any territory or State,'nor to exclude it there- from, but to leave the peOple thereof perfectly / ~ free to font and, regulate; their domestic iti• stitotions in their own way." Under it Kanies " when admitted - as a State," was to "lie re mired into the Union, Witkor without slave- - '3,, as their.conatitution. may preseribe at the . • '... time of their admission" -,.. , Did Congress mean by tts langtiage tb . the delegates elected to frame a Constitution should have authority nally to decide - the -,, question of - slavery, or ‘ clid they intend, by leaving it tit the people, that the people of -. !.. l ei Kansas themselves should , decid is question by a direct vote I On - this ject I confetti tt , I had never entertained ase °Us dou t, and, therefore, in my; instrucgons to Gov. alker L 'i of the 28th Idarehlas I merely, sai that ' . when " a CutistitutiA shall be submittedto ".. the people oldie Territory, they meat be pro- ' . tected in the exercise of their right of voting ter pr against that instrument, and the fair expression •ot the popular will must not be , interruptedly frau.i or violence. ;in expressing this opinion it was far front .. , my intention to interfere with the decision of the people of Kansas, either ,for or- agrinst.' slavhiy. 'Prom this I have, always carefully . ' abstained:: Intrusted with the duty of taking "Icare 'that the laws be faithfully exectited:' my only _`desire was that the people of Kailas& should furnish to Congress the evidence re- ' - quired- by the organic act, whether for Or against 'invert, and in this manner smooth . .. their passage into,,the Union. In emerging- , .Gem the condition of territorial dependence -• into that of a sovereign State, it wak their duty, in my opinion, to make kriown - their • will by the votes,Of the majority on the direct • queition_whether this important domestic in atitution should or should not continue to , ex ist..lndeed, this'was the only possible mode , in which their Will could be ‘ kuthentically , . • ascertained: • i . - ' ' • The election of'delegetee to a convention mast necessarily take place, in reparate dis - - Wats. prom tbis cause ii may readily , • hapkn, as has often been the case, that a, - ' majority of the people of ,a State or Territory, s are On one side Ai the question . whilst tiLma- / , jority of the representatives from ,the aen.oo districts into Willa it in - dividedinny be bp ! --,--- on . the other side. This antes' from the feel that in some 'districts delegates may be ninOt• L Oa by small majorities, whilst in others time - of different sentiments may receive majorities .• sufficiently groat not • Only •to overcome * votes glean forth. fanner, baktoleaveitliiige; majority of the wboler people indirect , -. sition to a majority of, tlutdelegates... : , ee l , history -Tema, that '-intlueapes inert-% ' -1