debts, public and private, except interest on public debt.  The object of the bill submitted to me—­namely, that of providing a small note currency during the present suspension—­can be fully accomplished by authorizing the issue, as part of any new emission of United States notes made necessary by the circumstances of the country, of notes of a similar character, but of less denomination than five dollars.  Such an issue would answer all the beneficial purposes of the bill, would save a considerable amount to the treasury in interest, would greatly facilitate payments to soldiers and other creditors of small sums, and would furnish; to the people a currency as safe as their own government.

Entertaining these objections to the bill, I feel myself constrained to withhold from it my approval and return it for the further consideration and action of Congress.

ABRAHAM LINCOLN

SPEECH AT JERSEY CITY, JUNE 24, 1862.

When birds and animals are looked at through a fog, they are seen to disadvantage, and so it might be with you if I were to attempt to tell you why I went to see General Scott.  I can only say that my visit to West Point did not have the importance which has been attached to it; but it concerned matters that you understand quite as well as if I were to tell you all about them.  Now, I can only remark that it had nothing whatever to do with making or unmaking any general in the country.  The Secretary of War, you know, holds a pretty tight rein on the press, so that they shall not tell more than they ought to; and I ’m afraid that if I blab too much, he might draw a tight rein on me.

TO GENERAL G. B. McCLELLAN.

Washington, June 26, 1862.

Major-general McCLELLAN: 

Your three despatches of yesterday in relation to the affair, ending with the statement that you completely succeeded in making your point, are very gratifying.

The later one of 6.15 P.M., suggesting the probability of your being overwhelmed by two hundred thousand, and talking of where the responsibility will belong, pains me very much.  I give you all I can, and act on the presumption that you will do the best you can with what you have, while you continue, ungenerously I think, to assume that I could give you more if I would.  I have omitted, and shall omit, no opportunity to send you reinforcements whenever I possibly can.

A. Lincoln.

P. S. General Pope thinks if you fall back it would be much better towards York River than towards the James.  As Pope now has charge of the capital, please confer with him through the telegraph.

ORDER CONSTITUTING THE ARMY OF VIRGINIA.

Executive Mansion, Washington, D. C.,
June 26, 1862.

Ordered:  1st.  The forces under Major-Generals Fremont, Banks, and McDowell, including the troops now under Brigadier-General Sturgis at Washington, shall be consolidated and form one army, to be called the Army of Virginia.