The river press. [volume] (Fort Benton, Mont.) 1880-current, 1880-12-15

and our mutual intercourse steadily increases
The President referred to the Samoan diff
Guilty, and said that these islands had been
restored to tranquility. He also casually
referred to the obelisk and the Egyptian
debt, and said in regard to the maritime SAM
tary conference that the acceptance of our
invitation by the maritime powers gave as
surance Of success.
COMMERCE..
The dissemination of commercial statistics
by our consular force was unrelaxed, and
their importance justified by the general de-
mand for the information furnished, by our
merchants. He believed a system of such
publications should receive necessary appro-
priations from Congress. Especially import
ant is it that our commercial relations with
the Atlantic and Pacific coasts OF South AM
erica, with the West Indies and the Gulf of
Mexico, should be direct and not through the
circuit Of the European system, and should
be carried OF in our own bottoms. The full
appreciation Of the opportunities which our
front on the Pacific ocean gives to commerce
with Japan, China and the East Indies, with
Australia and the island groups which lie
along these routes of navigation, should in
spire equal efforts to appropriate to our own
shipping and to administer by our W CAPT
tai a due proportion Of this trade,
Steam postal communication by aid Of the
rnrarr ', ~ hoI haor tho frrori,rro~ of +ha
commercial predominance of Great Britain
on all those coasts and seas. Cooperation in
that regard may be looked for from Mexico
and South American nations, and from those
of the East. Private interest was insufficient
to aid them properly. The President recon-
mended in this connection the laying Of a
cable by way of San Francisco, the Sand
wich Islands and Japan, and said the int1u-
ence of such a measure needed no Illustration.
The navy should be enlarged. It was ne
cessary for the extension of our commerce,
would be imperative for its protection in time
of war, and an active agent in time Of peace.
Our merchants recognize it as a prime neces-
sity.
II 1GuS1 SCL04bloAt " bAlS
is very satisfactory. The present situation
Of the United States, whether considered
with respect to the trade, credit, growing
wealth, or the extent and variety of our re-
sources, was more favorable than that of any
other country of our time, and had never been
surpassed by that of any country at any per-
iod in history. All our industries were thirty
ing, the rate of interest low, new railroads
were being constructed, vast immigration was
increasing our population, capital and labor,
new enterprises IN great numbers were in pro-
gress, and our commercial relations with
other countries were improving.
The ordinary revenues from all sources for
the fiscal year ended June 80, 1880, were
(cents o%nitted) From
Customs .sfs6, 522, 064
Internal Revenue. i24,009, 373
Public Lands. 10, 1l6,50 6
Tax on circulation and depositsi in Nation
Banks 7,o14,9n
of Interest by Pacific R.R. Cos T99, 621
Customs dues, fines, penalties, etc........ 1,14s,800
Fees of consular letters, patents and lands 2,337,O29
Proceeds of sales from govt property..... 282,616
Profits from coinage, Observation-Disclosures. 1921 1856
Revenues OF District Of Columbia...... 1,SO9,4 68
Miscellaneous sources. ............. 4,099,6 sos
Total Receipts. 1888, 526, Clio
The ordinary expenditures for the same
time were For
Civil Expenses. !. s15, $685. 68
Foreign intercourse. 1,211, 400
Indians 5,945,45T
Pensions, including $40, 81, OPS Arrears. 56,z77,174