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This budget is adequate to the current needs of the government. It recognizes that a Federal budget should be a stabilizing factor in the economy. Its tax and expenditure programs will foster individual initiative and economic growth. Pending the transmittal of my Budget Message, I shall mention here only a few points about our budgetary situation.

E. Spencer Pratt, for transmittal to Commodore Dewey. Bray heard of the arrival of Aguinaldo and realized what could be done with him, and that if the matter were well handled it might be to his own advantage. He went at once to see Aguinaldo and informed him that the United States consul-general was anxious to see him.

Believing that the water was destined to play a prominent part in solving the great question of how to euchre death, we sent a quantity of it to the eminent Prof. Alonzo Brown, M.D.V.S. of Jefferson, Wis., with a letter of transmittal authorizing him to analyze it thoroughly, and give us the result, at our expense. The following is Prof. Lieut. GEO. W. PECK, 4th Wis. Cavalry,

On the 18th of January General Foster's plans were unsettled by a dispatch received from General Grant, dated at Nashville on the 16th, but in some manner delayed in transmittal. It reached Foster just as he had Parke's report of our having most unexpectedly met Longstreet's infantry at Dandridge and of our retreat on Strawberry Plains.

But, besides the prodigious profit which England receives by the transmittal thither of two-thirds of the revenues of this whole kingdom; it hath another mighty advantage by making our country a receptacle, wherein to disburthen themselves of their supernumerary pretenders to offices; persons of second-rate merit in their own country; who, like birds of passage, most of them thrive and fatten here, and fly off when their credit and employments are at an end.

They have left to us a remarkably acute and accurate monograph upon the subject, which shows that they were even then alive to most of the questions likely to arise in the process of reducing the land to order. The data thus collected were entered at length in the journals; and a fair copy of these was made, for transmittal to Washington in the spring.

He had accused him of quitting camp on campaign, quitting his guard in garrison, quitting his quarters when in arrest, failing to quit himself of a money obligation, drinking and consorting with enlisted men, and in his letter of transmittal he had intimated that there were other misdeeds he might yet have to uncover.

Although Burnside had not dreamed of doing Porter an ill service, his transmittal of the dispatches to the President had made them available as evidence, and Porter, not unnaturally, held him responsible for part of his peril. The sort of favoritism which McClellan showed to Porter was notorious in the army.

Cornell Jewett of Colorado," which announced the arrival in Canada of two ambassadors from Jefferson Davis with full powers to negotiate a peace. Mr. Greeley urged, in his over-fervid letter of transmittal, that the President make overtures on the following plan of adjustment: First. The Union to be restored and declared perpetual. Second. Slavery to be utterly and forever abolished. Third.

Secretary Long, in his letter of transmittal, makes reference to a letter from the Secretary of State complimenting Admiral Dewey upon his direction of affairs since the great naval victory, a formal evidence that the State Department is thoroughly well satisfied with the diplomatic qualities the admiral has exhibited. The letter of Secretary Long is as follows: