The
balance of trade has been changed from over $130,000,000 against the
United States in 1869 to more than $120,000,000 in our favor in 1876.
It is confidently believed that the balance of trade in favor of the
United States will increase, not diminish, and that the pledge of
Congress to resume specie payments in 1879 will be easily accomplished,
even in the absence of much-desired further legislation on the subject.
A policy has been adopted toward the Indian tribes inhabiting a large
portion of the territory of the United States which has been humane and
has substantially ended Indian hostilities in the whole land except in a
portion of Nebraska, and Dakota, Wyoming, and Montana Territories--the
Black Hills region and approaches thereto. Hostilities there have grown
out of the avarice of the white man, who has violated our treaty
stipulations in his search for gold. The question might be asked why
the Government has not enforced obedience to the terms of the treaty
prohibiting the occupation of the Black Hills region by whites. The
answer is simple: The first immigrants to the Black Hills were removed
by troops, but rumors of rich discoveries of gold took into that region
increased numbers. Gold has actually been found in paying quantity,
and an effort to remove the miners would only result in the desertion
of the bulk of the troops that might be sent there to remove them.
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