The weekly herald. [volume] (Cleveland, Tenn.) 1876-1888, 1878-12-05

hhAAg VI ttAAhk ~ tltIAbb "a "
the communities 80 lately aud go seriously es-
tranged, / feel an absolute assurance that the ten
denotes are In that direction, and with increasing
force. The power OF public opinion Will override
all political prejudlces, and all sectional or State
attachments, IN demanding that all over our wide
territory the name and character OF citizen 81 the
and carry with them unchallenged security and
respect.
peaceful. Our neutrality In contests between for
eign Powers has been maintained and respected.
Tho Universal Exposition, held at Paris dur
ing nGgs I the past =, SUMMER onn seTT;has been TSSo attended after Sdr, by
allowed for the preparation and arrangement Of
the contributions OF our citizens TO this great Ex-
position was well employed In energetic and Judi
clous efforts TO overcome this disadvantage. These
efforts, led and directed by the Commissioner Gen
eral. were remarkably successful, and the exhibit
ton OF products Of American industry was credit
able and gratifying In scope and character. The
reports OF tho United States Commissioners, giving
Its results In detail, VIII be duly laid before You.
Our participation IN this international competition
for the favor and trade of the world may be ex-
pected TO produce useful and important results, in
promoting intercourse, friendship aud
In accordance with the provisions of the act of
february -, 1873, three Commissioners were APP
pointed to an international Conference on the sub
Ject OF adopting a common ratio between gold and
silver. for the purpose Of establishing, interna-
tionally. the use of bimetailic money, and securing
hxtty OF relative value between those metals.
Invitations were addressed TO the various gov
ernments which had expressed q willingness TO
participate in its deliberations. The conference
held It's meetings in Paris in August last. The re-
port Of the Commissioners, herewith submitted,
will show its results. No common ratio between
gold and silver could be agreed upon by the con-
ference. The general conclusion was reached that
1t Ia necessary TO maintain In the world the none
tary functions of silver as well as of gold, leaving
the selection OF the use of one or the other OF these
two metals, or OF both, TO be made by each State.
Congress having appropriated at its last session
the sum Of S., 100000 TO pay tho award of the
Joint Commission at Halifax, II, after correspond
anep wifi fha Rritfqh Govprnmant on tha auhiaat
of the conformity of the award to the requirements
OF the treaty and 10 the terms Of the question
thereby submitted TO the Commission, the Presi-
dent shall deem 1t his duty to make the payment,
communications upon these points were ad-
dressed TO the British Government through the le-
cation Of the United States at London. Failing to
obtain the concurrence Of the British Government
in the views of this Government respecting the
award, 1 have deemed 1t my duty to tender the
sum named, within the year named by the treaty,
accompanied by a notice Of the grounds of the pay
ment, and a protest against any other construction
Of the same. The correspondence upon this sub
ject will be laid before you.
The Spanish Government has officially announced
the termination Of the insurreotion In Cuba and the
restoration of peace throughout that island. Con-
fdent expectations are expressed Of a revival Of
trade and prosperity, which 1t is earnestly hoped
may prove well founded. Numerous claims OF
American citizens for relief for injuries or %restora-
ton Of property have been among the incidents of
the long-cOntinued hostilities. Some Of these
claims are In process of adjustment by Spain, and
the others are promised early and careful consid-
GRAFTON.
The treaty made with Italy, In regard to recipro-
cal consular privileges, has been duly ratified and
proclaimed.
No questions Of grave Importance have arisen
with any other of the European Powers.
The Japanese Government has been DESTROYS OF a
revision of such parts of its treaties with foreign
Powers as relate to and, 1t is under
stood, has addressed TO each Of the treaty Powers
a request to open negotiations with that view. The
United States Government has been inclined to re-
gard the matter favorably. Whatever restrictions
upon trade with Japan are found injurious TO that
people can not but affect injuriously Nations hold
Ing commercial intercourse with them. Japan,
after a long period OF seclusion, has within the
past few years, made rapid strides In the path Of
enlightenment and progress, and, not unreas0n-
ably, is looking forward to the time when her re-
latiOns with the Nations Of Europe and America
shall be assimilated to those which they hold with
each other. A treaty looking TO this end has been
made, which will be submitted for the considera'
ton of the Senate.
After an interval Of several years the Chinese
Government has again sent ENJOYS TO the United
States. They have been received, and O perma-
nent legislation lie now established here by that
Government. 1t is not doubted that this step will
be Of advantage TO both Nations in promoting
friendly relations and removing causes of differ
ence. The treaty with the Samoan Islands, having
been duly ratified and accepted on the part Of both
Governments, is now In operation, and q survey
and soundings of the harbor of Pago-Pago have
been made by O naval vessel Of the United States,
with O view of its occupation as q naval station, II
found desirable to the service.
Since the resumption of diplomatic relations with
Mexico, correspondence has been opened and still
continues between the two Governments upon the
various questions which at one time seemed to en-
has been reached as to the troubles on the border.
much has been done to repress and diminish them,
The effective force Of United States troops on the
Rio Grande, by a strict and faithful compliance
with Instructions, has done much TO remove the
sources of dispute, and 1t is now understood that o
like force of Mexican troops on the other side Of
the river is also making an energetic move
ment against the marauding Indian tribes.
This Government looks with the great
nat nANfnfunftAn Vnnn wtdAa1A
of strength in the National authority Of MexicoA
and upon every effort put forth to prevent or to
punis .incursiOns upon our territory. Reluctant tc
assume any action or attitude in the control Of
these incursi0n5, by military movements across tho
border, not imperatively demanded for the prote4
tio3fof the lives and property of our W citizent
l snail take the earliest opportunity, consistent
WITH the proper discharge OF this PLAIN duty, ITO
recRgnlze the ability Of the Mexican Government
to iestrain effectively violations OF our territS1E;
Exhibition in Mexico, and it is believed thaF4He
display of the agricultural and manufacturing NO
ducts of the two Nations will tend to better un r
standing and increased commercial intercourse Be-
tween their people. H
With Brazil and the Republics of Central and
South America, some steps have been taken to-
ward the development Of closer commercial inter.
course. Diplomatic relations have been resumed
with Colombia and with Bolivia. A boundary
question between the Argentine Republic and Par
aguRy has been submitted by those Governments
for arbitration to the President Of the United
Stetes, and have, after careful examination, given
~ CCioiD hlOh VI
A naval expedition up the Amazon and Madeira
Rivers has brought back information valuable both
for scientific and commercial purposes. A like ex-
petition 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 furnished many facts
that have proved of public interest, and have slim
ulated to practical exertion the enterprise Of our
people.
The report Of the Secretary of the Treasury fur
nishes q 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
fiscal year ended June 80, 1873, were $257,763.-
S78 10; the ordinary expenditures for the same
period were S236,964,326 80, leaving O surplus
revenue for the year Of $20,799,551 90.
The receipts for the present fiscal year ending
lows: Actual receipts for the first quarter com-
mencing July 1. 1873, $73n389, 743 49,; estimated
receipts for the remaining Three quarters OF the
year. $19l ,110,256 81; total receipts for the current
fiscal year, actual and estimated, 1894, 100000. The
expenditures for the same period will be, actual
and estimated, as follows: For the quarter com
mencing July /, 1873, actual expenditures, $751;
344,573 81; and for the remaining three-quarter
Of the year, the expenditures are stinate at
$l66, 755,426 73-making the total expenditures
&240,100,000; and leaving an estimated surplus
revenue, for the year ending June 80, 1879, Of
&24,400,000,
The total receipts during the next fiscal year,
ending Juno 80, 1880, estimated according to ex-
listing laws, will be 1894. SOC, 900; and the esti-
mated ordinary expenditures, for the same period,
will be 1896, 320,412 6Si leaving O surplus OF $685..
179,597 80 for that year.
actual an estimated, no amount is allowed tQrtlc
sinking fund provided for by the act approved Feb
rlary %, 1852, which requires that one per cent.
Of the entire debt Of the United States shall be