The Wichita city eagle. [volume] (Wichita, Kan.) 1872-1883, 1878-12-05

H. on the border, much has been done to r,
lie press and diminish them. The effectiv
Is force Of United States troops on the Ri
G. Grande, by strict and faithful complixnc
with instructions, has done much to re
1, move the sources Of dispute, and it Is nov
II understood that a like force of Mexican
IS troops en- the other side of the river il ais,
l. making an energetic movement against tk,
o marauding Indian tribes This govern
g ment looks with the greatest satisfaction
+ upon every evidence Of strength IN the ma
tional authorities Of Mexico, and upor
! every effort put forth to prevent or tc
punish incursi0ns upon our territory. Re
iuctant to assume any action or attitude in
, control Of these incunions BY military
movements ACROSS the border, not impera
lively demanded for the protection 0f the
j lives and property Of our own citizens,
/ shall take the earliest opportunity consis.
. tent with the proper discharge Of this plain
duty. 70 recognise the ability Of the Mexi-
can government to restrain effectively,
violations Of our territory. 1t is proposed
to hold next year an
INTERNATIONAL EXHIBITION IN MEXICO.
and 1t IS believed that the display of the
agricultural and manufacturing products
OF the two nations, will tend to better up-
derstanding, and increased commercial in.
tercourse between the people.
CESTRAL AND SOUTH AMERICA.
With Brazil and the Republics of Central
and South America, some steps have been
taken toward the development of closer
commercial intercourse. Diplomatic rela-
tons have been resumed with Columbia.
and with Bolivia
A boundary question between the Argen.
tine Republic and PARAGUAY, has been sub
mitted BY these Governments. for arbitra-
ton, TO the President Of the United States,
and l have, after a careful examination.
given decision upon il.
A naval expedition up the Amazon and
Madeira rivers. has brought back informa-
ton, valuable bo.h for scientific and com.
mercial purposes. A like expedition is
about visiting the coast of Africa, and the
Indian ocean.
OUR FOREIGN COMMERCE.
The reports of Diplomatic and Consular
officers, in relation to the development Of
our Foreign commerce, has furnished
many facts that have proved of particular
interest," and have stimulated 10 practical
exertion, the enterprise of our people
FINANcE-sEcRETARY sHERMAN's REPORT.
The report of the Secretary of the
Treasury furnishes detailed statement OF |
the operations of that department of the |
Government, and of the condition of the |
public finances. The ordinary revenues |
from all sources for the year ended June |
30, 1878, were *257, 763,S7S 20. The crdI. |
nary expenditures for the same period were
$685., 964, 1850; leaving surplus revenue
for the year Of geo, 799. 55l.90 The re-
ceipts for the present fiscal year, ending
June 30, 1879, actual and estimated, are as
follows: Actual receipts for the first quar-.
ter, commencing July /, 1873, $73 ,3S9,.
743.43: estimated receipts for the remain.
ing threequarters of the year, $l9l, no.
256.51; total receipts tor the current fiscal
year, actual and estimated, 1854 800, 900.
The expenditures for the same period will
be, actual and estimated, as follows: For
the quarter commencing July 1, 1873, actu
al expenditures, $73344, 57321; and for
the remaining three-quarters of the year
the expenditures are estimated at 1885,
sj5, 426.13; making the total expenditures
$40. 100000, and leaving an estimated sur
plus revenue for the year ending June 30,
1879, of x24, 100000 The total receipts
during the next fiscal year, ending June
30. 1880. estimated according to existing
laws, will be $2G4, 10000, and the esli-
mated ordinary expenditures for the same
period will he $2:,6, 800, 4l26S, leaving
surplus Of $2S l79 ,5S7.32 for that year, is
the foregoing statement of expenditures,
actual and estimated.
No amount is allowed for the Sinking
Fund. provided for by the &C, approved
February Is, 1862, which requires that one
per cent. of the entire debt of the United
States shall be purchased or paid within !.
each fiscal year, to be set apart as Sinking
Fund. There has been, however, q sub /:
with the conditions of the law.
been reduced, between 1852 and the close
actual reduction OF the ascertained debt in
that period has been e7aO,644, 739.61, being
10 excess of the reduction required BY the I
Sinking Fund Act of $aO2, 2s2, $685. The
amount of the public debt, less the cash in
he treasury, November 1st 1878, was g.,
)24, 900, 0S3.1S, q reduction since the same :
late last year, of 81, l5O6l7.39 The pro-
yress made during the last year in refund !
ing the public debt at lower rate of in .
crest, is very gratifying The amount of .
,our per cent bends sold during the pres
INT year, prior to November 90, 1873, is
elOO, 21O,9OO and SIX per cent. bonds, CON- v
monty known as fivetwentles, to an equal d
mount, has been, or will be redeemable $
IS calls mature. Il
The amount of the public debt, less Il
ash in the Treasury. November LIST. 1878, is I,
&, O24 200 ,0S3.1S, reduction since the a
anne date last year, of $23 150,6l7.39. II
The progress made during the last year in I,
the public debt at lower rates of s.
interest Is very gratifying The amount for a
our per cent. bonds received during the A
present year, prior 10 November %, 1878. v
$ 100, 270, 900; and the SIX per cent. bonds, Il
commonly known as the 5-2O's, to an Il
quail amount have been or will bc re- il
eemcd As the calls mature. 1t has been "
he policy of the department TO place the Of
our per cent. bonds within easy reach of u
very citizen who desires to invest bis saw p
ngs, whether small or great, in these secur- "
lies. The Secretary Of the Treasury rec dl
that the law Ike so modified sc
hat small sums may be invested. and that in
trough the postoffices or other agents of OF
he Government, the present opportunity u
lay be given in all parts of the country tor CA
es,eu, Is !hal me department pe p'
ne denomination of ten dollars, bearing
interest at the rate of 3 81 per cent Der an
um,and convertible at any time within one -,
ear after their issue into the four per cent 81
onds authorized by the reiunding act, and ID
, be issued only IN exchange for United =,
iites notes. sent 10 the Treasury by mail -
r Otherwise. Such provision OF law, ~
lpportcd by suitable regulations. would =,
IA BILE any person readily, without cost or =,
sk, 10 convert his money into an interest u,
caring security Of the United States, and "
ne money 81 received could be applied 10
he redemption OF six per cent. bonds.
GOLD AND sIvER COINAGE -,
The coinage of gold during the last fiscal er
ear was $52, s9s $50, the coinage Of silver n,
ollars under the act passed February %, of
SIS, amounted on the 2:sd Of November. or
SIS. TO tla,Si4, $50, of which amount g. Gu
n, 94s are in circulation, and the balance, se
l. 500 6O3, is still in the possession of the
government With views unchanged with
gard to the act under which the coinage An
silver proceeds, il has been the purpose ur
the Secretary faithfully to execute the 81
aud ~ f4,r1 fair sr;o1 Ia, tho yne~s M