The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1864-12-16

liz perceive that they cannot be much op-
pressed by debt which they owe to
themselves.
The public debt on the Tst day of July
last. although somewhat exceeding the.
estimate Of the Secretary of the Treasury
made to Con gress st the comlnenco.pca,
Of tbs last session, falls short Of Tbs esti-
,uate Ina, that cfIicer made in The preccd.
/ ing December as to It's probable amount
d: the beginning of this year, hy the sum
( of 1899 507933. This TACT exhibits
satisfactory CONDITION Of the treasury.
! The National Barking system IS PROV
! ing to be acceptable TO capitalists au,i the
people. On the 18Th of Noyen Der ISL
/ y atonal Banks had been organized,
! considerable number Of which were con
versions from State Banks Chances from
the State system 10 the National system
are rapidly taken place. Il is hoped that
/ very soon there viii be 10 he United
States TO bank issue not authorized by
| Congress, aud no bank note circulation
not secured hy government. That die
government and people will derive q gen
erai benefit from this change in the bank
| ing system OF the country can hardly be
| questioned. Ihe natloaal system will
create n reliable ana permanent influence
IL support OF the rational credit, ana pro
tect tie peopie against losses by the use
| of paper money. Whether or not any
/ further legislation is advisable for the
suppression of State Bank issues, it will
lie for Congress to determine. 1t seems
quite clear that the treasury cannot be
satisfactorily conducted unless governs
ment can exercise restraining power
over the bank note circulation Of tie
country.
I he condition of the border will neces-
| sarly come into consideration in copnec-
ton with the question OF continuing or
modifying the figh;s Of transit from Can
ada through the United States, as we'll as
The regulation OF imports which were
temporarily established by Inc reciprocity
treaty Of the 5.h OF .une, 1884. de-
sire, however, TO be understood while max
ing this statement, that tie colonial au
thOtiles are not deemed 10 be Intention
ally unjust or unlllendly towards the
United States, but on the contrary there
is every reason to expect that with tie
approval of he Imperial government, they
viii take the necessary measures to prevent
new iucursions across The border.
he act passed at The last session for
the encouragement OF emigration has a.
far as was possible, been pat into opera
tlOn. Ii seems 10 need an amendment.
which wiz enable the officers OF
the government to prevent the practice OF
frau,s against Tie immigrants, while on
Their way and ON their arrival ia the ports.
so as 10 secure them here free cho!c9 OF
avocatlons and places Of settlement, \
liberal disposition towards this great IA
tIonai policy is manifested by most of the
European States, aud ought 10 be recipro-
Gated on our pat hy giving the Immigrants
effective national protection. regard
our emigrants as one OF the principal re
hIenshlng streams which are appointed
by Providence 10 repair tie layaga3 al
Internal war, and its wastes, OF natior al
strength aud health. All thai Is necessary
IS 10 receive the flow o! that stream in lis
on" - ''i'' S',H us -
eih'i'e"t must III every way make II i"a'h>
'eS' ''at II he'net hee"s or designs 10 III
press i','oiuhtafy military service upon
those who come from other l*i Us TO cast
their lot in our country.
ne ''P''' q Tue secretary 0! " ar, anu
,I' ''ov3'i' I'.'''y ny "01"''eh's WEI ''f'5',
':,o o''' i''''s ~ '"' '' ''''e' 10 '"e he"'
''"Ie ,ue G"'e u 'oe last ahuua' message.
"na 7'>o t"e operations Of me several al
'i'i''S'' "'''e ou' eaus Oh Inc war heP7rt-
'''e"' u"''''5' ''0 last ear = VIII ",>"
no '''e'>"'o "75''Si MAI 10y
"''''o""' us'e'Se' "''' " "eSl "''' SUP
I',0 i..9''o '''' ia w.
'o' - '',' 80 e'',' - vac. = ~
.I':I:. ~ e.'s''''' 90" ''''''''','''
-, ~ - '"o 90 '''' u '""' o'!'f'''"e"''
', ,e '.-o ','', al ''7, - q -,
"''" '""'''o.0 r nv -
0"' '0"'''' ,i'e' '"d' h"F: ., >""" EhH'
F'oPo' ,o"s ,'a' oeeh or@ahI|7d ID so ofit'
t''' '""' "'d co"iOc'td Win :" 'ifUc" en-
''"" "7 @e"e'"' 'N"'"i'
u '''o nay, ',c'a"'"g .1S'c's "",'e' co"
81 u'',"" On me Isl OF ber ico-. SHOWS
'I'''' :; ~ rNs7'~' car ,''2 : oi' guns
I