Daily press and Dakotaian. [volume] (Yankton, Dakota Territory [S.D.]) 1875-1880, 1877-12-05

the imports have been s492, 097, $40. lea ana
a balance OF trade in favor of the Tn;.s
States amounting to ..the sum of Sle6 200
9l7, the beneficial effects of witch ext. nd ~
all branches OF business. The estims.~
revenue for.the next fiscal year will Inv
on congress the duty of strictly LIMITING ss
preparations, including the requisite u
Tor the maintenance of the sinkips fnaI
within the aggregate estimate of rece;,..
while the aggregate OF taxes should nor ~,
increased. Amendments might be mad
the reveeue laws that would, without dr."
ishing the revenue, relieve the people f-au
unnecessary burdens, A tax on lea a WI
coffee is shown by the exp %erience. not e aIIu
OF our own country, but Of other conway ~
to be easily collected without loss bv nnSs,,
value or fraud, -id largely borne in ,ba
country Of production. A lax OF ten oaa'
per pound on cote would Weld reven,,'
exceeding Sl2,o90,000, and thus enable can
gress to repeal a multitude of annosia
taxes, yielding a revenue not exceeding ,bass
sum. "''
The internal revenue spstem grew ont &c
the necessities OF the war, and moat of w.
legislation imposing taxes upon domes,;e
products under thissystem has been rensolaS
BY the substitution of a tax on tea aaI
coffee all forms of internal taxation NAV Nv
repealed, except that on whisky, spirits. toe
bacco and beer.
Attention is also called to the ,4caSs;,u
of enactlng more vigorous laws for the nt:
lection of the revenue and for the pp5iSb,
ment of fraud. and smuggling. This can
be best done by %judicious provisions thar
will induce The disclosure of attemnta5
fraud by undeTvaluatiou aud smugpling
All revenue iaHs should be simple ia lheir !
provisions and easily understood. So fl,
as practicable the rates OF taxation shonlS
be in the form OF specific duties and moi al
valoren, requiring the judgment of eyperiN
enced men TO ascertain values and exnosing
the revenue TO the temptation of fraud.
My attention has been called during the =
recess of congress to abuses existing in the I
collection of customs, and strenuous efforts |
have been made for their correction by ey- +
ecutive orders. The recommendations sinh.
mitted TO the secretary of the treasury by
a commission appointed to examine in,o
the collection OF customs duties at the mort |
OF New York, contain many suggestions for
the modification of the customs laws. IA
wh'ch the attention of congress is invited
1t Is a matter OF coDgratulation that, not
withstsndlng tue severe burdens caused BY
the war, the public faith with al creditors |
has been preserved, and as the result of this
policy the pubic credit has coptinuously
advanced and oar public securities are u
earded with the tlgaest favor in the al
kets OF the word. | trust thai = O scl0 !
The government will Gasi a shadow uron /
cIeult.
Refunding the public debt has been rapid
and satisfactory. Under the contract exist.
ing when | entered upon the discharge Of
the duties of my Office, bonds bearing interes
at the rate of A. per cent. were being RAPID.
t ly sold, and within three months the aggre,
gate sales of thse bonds had reached tn.
} sum of $500, 600 600. With my sanction
the secretary Of the treasury enter ed into
new contract for the sale of 4 per cent?
j bonds and within thirty days after the pop
ular subscriptions for such bonds was Opened
{ subscriptions we're had amounting to SIS +
d 1876 $50 which WAS paid for within nineI|
days after the date of subscription. Bi
j this process, within but little more than onl
: year, the annual interest on the public detJ
was reduced in the sum of S3,775 900.
: | recommend that suitable provision n
= made to enable the people to easily conya1
y their savings into government securities Al
y by this mode small savings may be well III
= cured and yield a moderate interest. lta
an object of public policy to retain amon3
cur own people the securities OF the UniteI
States. In this way the country is guarde|
against their sudden return from toreig
: countries caused by fear or other Disturb
} anee beyond our limits.
The report of the secretary of war shoI
4 that the army has been actively employI
during the year and has rendered very
DO,top+ carvioa w c,,,,,,rocei,,rr 1Actilifint K
II the Indian country and preserving peal
! and protecting life and property in the int
rior, as well as along the Mexican bordtt
II A long and arduous campaign has bel
prosecuted with final complete succ'
against a portion of the Nez Perces tribe
tx Indians. A full account of this campaig'
will be found in the report of the general
the army. 1t will be seen that in its court
ir several battles were fought, in which a nuf
e. Der of gallant officers and men lost theN
10 lives. | concur with the secretary OF VI
and the general of the army in awarding
sc the officers end men employed in the 10.
30 and toilsome pursuit and in the final q.
D. ture of the Indians, the honor and pr
ty which is so justly their due. The very s
&c Gus riots which occurred in several OF
IF. states in July last, rendered necessary
employment of a considerable portion
ce the army to perserve the peace and ma
tain order in the states of West Virgin
Maryland, Pennsylvania and lllne
he These disturbances were so formidable as
he defy the local and state authorities, and
ON national executive was called upon to e1a
else the mode provided by the c%onstituu
n and laws to furnish military, and | am ri
nd fled to be able to state that the troops feni
re. response to these calls for aid in the y
,te preston of domestic violence were able,
n the influence of their presence in the
ng turbed regions, to preserve the peace
of restore order without the use of force.
as the discharge of this delicate and impoF1
,es daty, both officers and men acted with g1
prudence and courage. AS for their sea
in vices, they deserve the thanks of the coy
on try.
of The disturbances along the Rio GRAM
rt- in Texas, to which ! have already refef7
he have rendered necessary the constant
plovment of a military force in that vlcll
Try A full report Of all recent military on
'r- tionsi in that quarter has been transmlile
ION the house of representatives IN AMI
ed. to a resolution of that body, ard II