The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1880-12-15

with this country. and % and IL
their development. Similar coop
Grafton may be looked for. I'm ,iul
time, from the eastern nations unt
from Australia. 1t Is difficult 90 ste,
how the lead in this movemeu, eaI
7 be expected from private interests
In respect of foreign commerce
quite as much a, IN internal trade
postal communication seems ueC.s
sarily a matter Of common and p1o-
lie administration, and thus pertain.
ing 10 government. / respectfully
recommend To your prompt dt,en-
tion such Just and efficient measures
as may conduce to the devclOpmoc.
of our foreign commercial eychgne-
e. and the building up of our fer
eign trade.
I In this connection [ desire also tn
suggest the very great service which
might be expected I'm eu.arE.nE and
facilitating our commerce ON ..e
Pacific ocean, were transmgrne
cable laid from San Francisco to the
Sandwich Islands. and thence 10
Japan at the north and Australia at
the south. The great influence %.
such means OF communication Oh
these routes of navigation, in deyel-
Oping and securing the due share
of our Pacific coast nm the commerce
of the world, needs 10 illustration
or enforcement. Il mdv he that
such an enterprise, useful and in the
end profitable Us it would prove To
private investment, may need 90 be
accelerated by prudent legislation
by Congress in It's aid, and ! sub
NIT the matter 20 your careful cou-
sideration.
An additional, and no, unimport-
ant, although secondary. reason for
fostering and cnllr5ing the navy,
may be found In tho uBqUe-tionabls
service TO the expansion OF our COM
merce, which would be rendered by
the frequent circulation Of naval
ships IN the SECS and ports 0t all
quarters Of the globe rAIps of the
proper construction and equipment,
10 be Of the greatest efficiency in
case Of maritime war, might be made
constant and active agents iu time OF
peace in the advancement and pro-
lection Of our foreign trade and In
the nurture and discipline of Young
seamen. who would naturally I'm
some numbers. mix with m. Iu-
prove the crews of oar merchant
ships. Our merchants I'd home and
abroad recognize the t-.Gr o. tu.el-H
commerce OF an active movement Of
our naval vessels, amt the iatelH-
gcnce and patriotic zeal Of Our NAVAL
officers in promoting very interest
of their cOuutrvmcu .- "a just SUBJECT
of national pride
THE G0vEENHEyr r.. .AN.
The condition of tue llaa-.aI al-
fairs OF the gOvcumca,, a- shown
by the report Of the Secretary aftae
Treasury. IS very satisfactory. b. IS
believed that the present financial
situation of the United states, whctH-
cr considered with resUec. 90 trade,
credit, growing wealth., ur
the exteutmd variety VI ourI.-o.-a-
Is Is more favorable than that 1t
any other country Of our time, and
has never been surpassed 10y that OF
any country at any period Of its
history. All our industries are
the rate of interest Is low
new railroads are being constructed , 1
a vast immigration is increasing our
capital and labor new
IN great number are III
progress. and our commercial rc.l-
tions with other countries are Hu-
proving.
The ordinary revenues. from aii
sources, for the fiscal year ending
June 3U,lo0O. were-
From Customs. ................-s sIs5 521,J5f 80
From internal re.el4lr-........ i,uyJ. ..,s t-
From sales Of public lands. l,JI5.E5 y-
From tax On circulation and
deposit. OF national banks. 1,Jli17l 81
From repay ment Of interest
b. Pacific L. j. CompaHiy-. I,7l-.5i1 J.,
From !. ,in nSins-tund for Pacific .-.
X. z ompIuIes........-....-.. $50 jLl -
From customs. fees tIue> pen
alties. &c.......................... 1.ifs $50 10
From fees-eoHsalaT, letters ...-.
Flaro r,sAI 1-casii. anu i1''l5 af .,e of
government property ........ sLGI5 80 .