The Findlay Jeffersonian. [volume] (Findlay, Hancock County, Ohio) 1870-1881, 1878-12-06

! ID 7 IIIE UduEEu
TIJnin the year bxel by the treaty, acc III
panied by 3 Ioiice ofthe rounds oit the pa,
! meci. and = tTSf0St against any Otler
Construction of the same. Tie correspond
ence upon this suiJsct viii be laid before
you.
The Spau-sh Government has officially
announced the Termination of The insurrec-
/ ti0L in Cuba, aid the Te.toration of peace
throughout that island. Confident expec;a-
tions are expected OF revival of trade and
! prosperity. which IL is earnestly hoped may
American citizens for relief "f Injuries or
| Iesto; alton Of propeTty, have been among
the incidents o. the lobz-cUntinued hostili-
ties Some of these claims are q progress OF
adjustment by Spain and the others are
| promised early and careful consideration
| The treaty made with Italy, in regard to
reciprocal consular privileges, has been duly
ratified aud proclaimed.
No questions OF grave importance have
arisen wi h any other of the European pow
ers
The Japanese Governnrpt has b en- de-
siroas .; a revision OF such parts of its treat
ties with foreign powers as relate 20 COM
merce. and, it Is understood, has addressed
to each OF the treaty powers request TO
open negotiations with that view. Tie
: United States Government has been in
: clined to regard the matter IA orably.
Whatever restrictions u pom tIade with Japan
are found Injurious 10 that people cannot but
| affect irju rIously nations holding CONNER
cial interc urse with them. Japan after a
! long period of seciusion, has within the past
I few years made rapid strides in Inc path of
| enlig ghtment and p O2I esf, and. not unreas-
onaby. l. looking forward TO the Time when
| her relations with the nations OF Europe and
/ America shall be assimiistsd to those which
| they hold Br each other. treaty ioosing
| 10 this end has been made. which Will be
| submitted for the consideration OF the SEN
| ate.
After an Interval ofseveral years, the CHI
| nese Government has again cent ENJOYS 10
| the United States. They nave been received
| and a permanent legation is now established
here by that Cove, ument. 1t is not doubted
| that this step will be OF advantage 10 both
nations in promoting friendly relations ano
| removing causes of difference. The treat
with the samoan Islands. having been duly
| ratified and accepted on the part OF ooth
Governments. is now in operation ana
| survey and soundings of the harbor of Pago-
| Pago have been made by a naval vessel oi
the United States, with view ofits cccupa-
tlon as naval station. If found desiraoie 10
the service
Since the resumption of diplomatic
relations with Mexico, correspondence
has been opened and still continues be-
tween the two Governments upon the
varions questions which at one time
seemed TO endaDgsr their relations.
While no formal agreement has been
reached as TO the troubles on the Dor
der. much has been done to repress
and Giminisl them. The effective
force of United States troops Oh the
Rio GrandA, by strict and faithful
compliance with instructions. has done
much to remove the sources of dispute,
and it is NOW understood that like
force of Mexican troops on the Other
side of the river is also making an Ell
ergetic movement against the maTaud
Jog Indisu tribes. This Government
locks with the greatest satisfaction
upon every evidence of strength in the
national authority of Mexico, and upon
every effort put forth to prevent or to
punish incursions upon our territory.
Reluc ant to assume ary action or at
titude in the control of these incur.
sions, by military movements ecross
the border not imperatively demanded
for the protection of the lives and
property of cur own citiZens. shall
take the earliest opportunity, consist
ent with the proper discharge of this
pIein duty, to recognize the ability OF
the Mexican Government to restrain
effectively violations of our territory.
1t is proposed to hold next year an In
ternational Exhibition in Mexico, and
it is believed that the display of agri
cultural and manufacturing products
of the two nations will tend to better
understanding and increased CONNER
cial intercourse between their people.
With Brazil, and the Republics OF
Central and South America, some steps
have been taken toward the develop
ment of closer Commercial, intercourse.
Diplomatic relations have been result
/ ed with Columbia and with Bolivia. A
boundary question between the Argen
tine Republic and Paraguay has been
submitted by those 6 V. ram spts for
arbitration to the President OF the
United States, and have afeer care
, ful examination, given Il de iron upon
it.
Anavsl expedition up the Amaz ,n
and Madeira rivers has brought back
Information valuable both for scienti
fic aud commercial purposes. A like
expedition is about visiting the coast
of Africa and the Indian Ocean. The
reports of diplomatic and consular
officers in relation to the development
of our foreign commerce, have fur
nished many facts that have stimulate d
to practical eXertion the enterprise OF
our people.
| The report OF the Secretary of the
Treasury furnishes a detailed statement
Of the operations of that department
of the Government, and Of the con-
dition of the public finances.
The ordinary revenues trom all
sources for the fiscal year ending June
80, 1878, were S257, 763, $3.50; the
ordinary expenditures for the same
period were 1896, 964, 1926. .S0-leaving a
surplus revenue for the year of $40,
799, 551 80.
The receipts for the present fiscal
year, ending June 80, 1879, actual and
estimated, are as follows: Actual re
ceipts for the first quarter commenc
ing July 1, 1873, $73, 359, 74343; esti
mated receipts for the remaining three
quarteys of the year, $191, 11O, 256.57
4 total receipts for the current fiscal year
actual AID estimated, 1894, 500, 600.
The expenditures for the same period
will be, actual and estimated, as fol-
lows: For the quarter commencing
July 1, 1878, actual expenditures, S73,
344, 573. 27; and for the remaining
three-quarters of the year, the expen
ditures are estimated at S166, 755,
I 426. .73-making the total expenditures,
S240, 100, 600; and leaving an estimated
surplus revenue, for the year ending
June 80, 1878, of S24, 400, 600.
The total receipts during the Eext
fiscal year, ending June 80, 1850, esti
mated according to existing laws. will
be 1864. 500, 0C0; and the estimated
ordinary expenditures, for the same
period, will be 1896, 800, Alp 68: leaving
!: surplus of S2S, 179, 5S7 80 for that
year.
! In the foregoing statement of ex
penditures, actual and estimated, nc
} account is allowed for the sinking fund
provided sor by the act approved Feb
uary 25, 1862, which requires that one
per cent of the entire Gebt of the
United States shall be purchased OF
paid within each fiscal year. to be SCI
apart as a sinking fund. There has
been, however, substantial compli
arce with the conditions Of the law.
By its terms, the public debt shonld
have been reduced between 1862 and
the close of the last fiscal year, SIS,
361, S06 2S; the actual redrctio of the
ascertained debt. in that period, has
been S720 GA, 739. 61; being in excess
of the reduction required by the sink
ing fund act-S202, 2s2, 933 80.
} The amount of the public debt, less
cash in the Treasury, Novembe, 1, rs,
was S2,024, ,2G0, ,0S31S a reduction,
since the same date last year of S23,
$50, 617. SO.
The progress made during the last
year in refunding the public debt at
lower rates OF interest, is very crafty.
ing. The amount of four per cent.
bonds sold during the present year
prior to November 90, 7S, is $1OO, go,
900, and six per cent. bonds, com.
monty known as five twenties, to an
equal amount, have been, or will be
radaamed as calls mnfura