The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1878-12-13

oOnf.r I,s.,wss,. , n,'..n'tu commercial inter-
~, u ~ sfHzIi. and the Republics Of Central
ta az nostn America, some steps have been
commercial intercourse Dipinmesic 1877
saunr 20 ~ ueen resumed with Colombia M
~ nv A palsm 4 boundary question betw cen
Drrn submitted by those GOvel nnas,tS ~.
aIDtrhtion q the President az ~. U, lea
sisan nnu nave, after careful cxAininaf ION.
- na.d ..expedition up the Anna
xon and Madeira Rivers has b,o,,,as
AMI cn,,' valuable both for scieptifIc
cnu cvt4 intrciu purposes. A like expediflon
ABOUT visiting the coast Of Africa ana the
lnuian ocean. The reports of diplomaflc I, ~
men, ~ oinsers IN relation 20 the develops
lad1na =. ON foreign conn rrce, have iurnish-
s 81 many iarts that have proved OF public in
1851 hnu hay~ stimulated to practical ex-
s'''oh sNS enterprise Of our people.
OUR NATIONAL FISfxcgs.
The report Of the Secretary az t4,e Treas,,rv
Iurnirher "A detailed statement ~ fhe o,,s,-.y
lions q thaf Department Of the Government
m. Th ~ ". condition OF the public finances.
ne ordinary revenues from MI sources fs,r
tns lscAl Year ended June s0 ISIS. were sss7
.osss.a.v; the ordinary expenditures Tor the
sa am1 period. were $3.50 - 500 sl-saYing =
Inc receipts for the present fi-ral wear
e..uink ~ ne ~ l-ss, actual and estimated
9nar - Actual receipts for the firSt
vuarter cofnmencingJuly 1, 1873 s-33s97,3a3:
estimated receipts for the remai,1ing three.
quarters OF the year. Si9l 10 ess 81; total
tai tusi,ip's Lor the current h.cal year, ac-
suhi ana estimated, s21l. so010l The
expenditures fof the same perind Min DO. ac-
tuhi ana estimated, follows: For the
sndi,nrss ~ =. J1ly s;s actual ex
ing three quarters OF the wear. the exnendi
lures are estimated at SIG 1855 426 .3--makfng
M '".ai Expenditures, ssio . Q, and leav-
ing an estimated surplus revenue for the
Year ending June 20, ls7s, ~ 81 100000
Inc total receipts during the next fiscal
M, envlng june 80, lssV, estimated accord
lnK 10 tNI-f Ing uffl hg rn0 .1.a4.
.ns esiimtfsd ordinary expenditures. for the
surplus ~ 50. s9,5s-s2 for that wear.
In the foregoing statements OF expendf-
Iures a'tua and estimated. no amount il al
owed Tor the sinking-fund provided for by
ne act approved February 25 1852 which re-
3uires that one per cent III ne entire debt ~
ne United states shall be purchased or pafd
sithin each fiscal year, to be set apart a. =
substantial compliance with the conditions
y The law BY its terms, the public debt
~ have been reduced, between 1872 and
ne close OF the last fiscal year. Sis sF1 secs:
ne actual reduction Of the ascertained debt
= that period, has been s.2o, ga 1881: being
I y sHces. o. the reduction required by the
mixing -fnnd act-s2o2. 2s2 1885.
The amount 81 the public debt less cash
\ ine treasury, November I, ls.s was 81
! ~ ~ ia reduction, since the same date
The progress made during the last year. i'm
tluhuihg the public debt at lower rates Of
itercst, = very gratifying. The amount OF
car prior to November -, ls.S,is 500 go 600
M per cent. bonds, commonly known "a
~ 81, twentics, 70 an equal amount, have been,
I VIII pc, redeemed as calls mature.
~ mas been the policy OF the Departments
place the per cent. bonds within easy
an "a q every citizen who desires TO invest
= savings, whether small or great, I'm these
curities. The Secretary OF the TREASURY
coinnends that the law be 50 modified that
na ,a sums may be invested and that through
n,nenf the ireest opportunity may be given
Al parts Oh the country for such invest
The best mode suggested IL that the Depart-
ent De authorized TO issue certificates Of de-
,sit OF the denomination OF ten dollar
= ang interest as the rate Of s6s per cent
one year AFTER their issue into the four per
ny: bonds authorize9 by the Refunding ACT.
y, 49, ~ ~ ,ssleo only IN exchange Of United
otherwise: such provision Of Law. sup
rted BY suitable regulations, would enable
sxp prf1 s,u reay, wldnonf cost or risk 70
curity OF the United States, and the money
received could b, srplied 70 the redemp-
n OF six per cent. bonds.
ne coinage OF gold during the last fiscal
AZ was So, $3.50. The coinage 81 silver
LARS, under the act passed February 2s.
AZ amounted IN. IN on the ga Of November ISIS
culation, and the balance. 81, $40. 60s is stiII
me possession Of the Governments.
Fith views unchanged with regard 20 the
under which the coinage Of silver prr-
~. u has been the purpose Of the Secretary
lhIuliy TO execute the law, ana to afford
trial 70 the measure.
. the present financial condition Of the
intry, am persuaded that the welfare of
'timate business and industry OF every
crlpuon Will be best promoted by abb
ming nom all attempts to make radical
nges In the existing financial legislation.
~ be understood that during the coming
= the business Of the country will be un-
'urbed BY governmental Interference with
laws affecting IL, and we may confidently
ect that the resumption Of specie pay
ITS, which will take place mt the appointed
e. viii be successfully and easily main
,eu, and that II will be followed Nv
lthiul and enduring revival Of business
4 the healing influence OF time. the In
ent energies OF our people. and the bound
,, rssources 81 our country. lvea fair OPP
surely follow.
THE Army.
le report OF the Secretary OF war shovs
the army has been well and economical
ippned, that our small force has been ac-
" employed. and has faithfully perform
u the service required OF IL. The roraie
y army has improved, and the number
sserlons mas materially decreased dur
e Secretary recommended
nat Apension De granted TO the widow
ntry who lost his life BY yellow fever
2 In command Of the steamer ~ NJ
n6ers," sent with supplies for the relief
lncrers IN the South from that disease
The establishment ofthe annuity scheme
ne benefit OF the heirs Of deceased Of
>, as suggested by the Paymaster. Cen
rhe adoption by Congress OF a plan for
publication OF the records of the war of
rebellion. now being prepared for that
rhe increase OF the extra per diem az
er-teachcrs employed I'm post schools
liberal appropriations for the erection
liidings Tor schools and libraries ut the
rent posts.
rhe repeal or Amendments OF the act OF
-. ISIS, forbidding the 'usc Of the Army
sosse comffofus or otherwise. for the pur-
OF executing the laws. except in such
and under such circumstances A. NAV
prcssiy authorized by the Constitution
act Of Congress-
he passage ~ a Joint resolution OF Con.
legalizing the issues OF rations. tents
medicines which were made for the re.
sufferers from yellow viewer
hat provision be made for .he ercrfioc