Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1878-12-03

that the law be 80 modified, that small
sums may be invested, and that
through the post Offices, or other agents
of the government, the freest opportu-
nifty may DO given in all parts Of the
country for such Investments.
The best mode suggested Is, that the
department he authorized to'issued GER
tihcates OF deposit, OF the denomination
of ten dollars, bearing interest ut the
rate OF 800 per cent, per annum, and
convertible at any time within one year
after their issue into the four per cent
bonds authorized by the refunding act
and to be issued only in ex-
change for United States notes
sent to the treasury by mail
or otherwise. Such q provision Of law,
supported by suitable regulations, would
or risk, TO convert his money into an
interest bearing security Of the United
States, and the money 50 received could
be applied 10 the redemption Of six per
| cent bonds.
The coinage Of gold during the last
fiscal year was 81, I9s, 930. The coinage
of silver dollars, under the act passed
February 2S, 1873, amounted on the I'D
Of November, 1878, to Slg:sli,550 Of
which amount Si0s4, SI7 are in circula.
tion and the balance, 81, $40, 603, is still
in the possession OF the Government.
With views unchanged with regard To
the act under which the coinage of silver
proceeds, 1t has been the purpose Of the
Secretary faithfully to execute the law,
and to afford fair trial to the measure.
In the present financial condition Of
the country, ] am pursuaded that the
welfare of legitimate business and in
dustry of every description will be best
promoted by abstaining from all attempts
to make radical changes in the existing
financial legislation. Let il bc under
stood that during the coming year the
business of tho country will be undls-
turbed by governmental interference
with the laws affecting il, and We may
contidentaly expect that the resumption
of specie payments, which will take
place at the appointed time, will be sue
it will be followed by hcalthful and
enduring revival Of business prosperity.
Let the healing influence OF time, the
inherent energies OF our people, aud the
boundless resources Of our country,
have fair opportunity, and relief from
present difficulties will surely follow.
The report Of the Secretary OF War
shows that the army has been well and
economically supplied, that our small
force has been actively employed, and
has faithfully performed all the service
required OF il. The morale OF the army
has improved, and the number oi dcscr-
tions haas materially decreased during the
year,
The Secretary recommends
l. That u pension be granted to the
widow oi the late Lieut.. Henry III. Ben
ncr, 18th infantry, who lost his life 10y
yellow fever while in command al the
steamer -. NJ. Chambers sent with
supplies for Me relief Of sufferers III the
South from that disease.
= The establishment OF the annuity
scheme for the benefit oi the heirs ot de-
ceased officers, as suggested by the Pay
master general.
J. The adoption by Congress al plan
for the publication of the records Of the
War of the Rebellion, now being pre-
pared ior that purpose.
l. The increase of the extra per diem
oi soldier,tcachers employed in post
schools, and liberal appropriations for
the erection III buildings for schools and
libraries at the different posts.
!. The repeal or amendment al the at
Of June Is, 1878, forbidding the "usc of
the army as u posse CUmiidtus, or other
wise, Tor the purpose ui executing the
| laws. except in such cases and under
such circumstances Us may he expressly
authorized by the Constitution or by at
of Congress
d. The passage of joint resolution at
Congress legaiiIing the ISSUES OF rations,
tents, and medicines which were made
iur the relief Ut sufferers from yellow
fever.
:. That provisions lie made for the
erection of "a iirc-pruui building iur the
preservation of certain valuable records,
not constantly exposed to destruction
10y fire.
These recommendations are all cont
mendcd Ia your favorable consideration.
Naval Affairs.
The report of the Secretary OF the
Navy shows that the navy has improved
during the fiscal year. Work has been
done on seventy five vessels, ten Of
which have been thoroughly repaired
and made ready for sea. Two Others are
ia rapid progress towards completion.
The total expenditures nj the year, in
Guiding the amount appropriated tor the
deficiencies 81 the previous year, were
ST., 4,iS, 8g3 ~ The actual expenses
chargeahle "a the year, exclusive oithesc
Deficiencies, were Sl3, HR,SliW, or
SG67, lesl Is less than those Oi the previ-
Gus year, and - OPS ,6I7.5+ less than the
expenses, including the detiriuncies.
The estimates ior the fiscal year ending
June ~. 1850, are l+,,,is, aSi Sex
c,riing the appropriations ui the pre-.
sen, wear only ScI. 9i9T5; which excess
| is ucCssione,i hy the demands oi the
Naval Academy and the Marine 'orpsr
a. explained in the Secretary's report.
| The appropriations TOR the present hsc'i
wear arr ga ,h2s $40, which IN the
! opinion III the Secretary, will w. ample
| Tor all the current expenses at the de
paTtment during the year. The amount
drawn irnm the Treasury from july Ia
| November 1875, Il ~, M, a+ti', oi
which so. s.sli ~ has been refunded,
| leaving A. the ex Jsendi,urc tor that period
- 6,s, 5tSS ~. az S,2i ssr, - less than tiGe
| corresponding period ct the last fscai
| year.
The report of the P"stmastcr-ticnerai
! pmbraC,.s a detailed statement ~ the
nprr,,ions oi the PuStnftice Department.
| The expenditures 81 that department.
ior the hscai year cniei June ri, 1879,
ven ~. los, Usi 40 The receipts, inciud'
| ia. sales of stamps, money
! unler business and official stamps:
were 80. 27T ,5i6a5. The sum OF
$40. IA "a included in the foregoing
statement ri expenditures - charsra-
| hlr To- prN,Niins years, ~ that the ac-
,ual expenditures tor the iis'sl year end
/ al June IA. ISIS, are >Si s7+,6+T.'a. The
amount drawn from the Treasury on APP
preparations, in addition b. the neye-
nurs Ut the department, was ~, N',.
Dr. ~. The expenditures Tor the nscai
wear ..eniing June 81, 1880, arr esii'
mated at 81. a1 ,.ssl, and the rcoeipis
from all sources at S'n, 6si, 0sSso, iaas-