The Cambria freeman. [volume] (Ebensburg, Pa.) 1867-1938, 1882-12-08
TIE PRESIDENTS MESSAGE.
A SUMMARY OF THE DOCUMENT eUBMITTEI
TO CONGRESS on MONDAY LAST.

The following is synopsis of the message
Of PresidentArthur sent to Congress on Mon
day last. It is plain, unpretending docu-
ment and the practical good sense Of his
views on the questions of most public inter
ests has met with the very generous approv-
al of the country.
OUR RELATIONS WITH CHILL AND PERU.
The South American troubles are treated
In q succnct review OF what has been done
bv this Government in the direction Of an
amicabIe adjustment OF the pending difficult
ties between the helliserants. The mission
of Mr. Trescot and of Mr.. Walker Blame to
Peru and Chill is recalled, and reference Is
made to the reports submitted by them
which were the subject of full discussion in
Congress and otherwise officially last spring,
The apparent Illustration of the effort made
by this government at that time IN the inter
ests of peace did not discourage further eff
forts In the same direction, and the appoint
ment Of Mt Logan as minister to Chill was
intended to convey to the Chilian Govern
neut assurance that the Government of the
United States was still desirOus, so FAR as
might be proper and acceptable, to interpose
its good offices. The President ventures to
hope that the apparent obstacles which have
so far confronted our Minister to Chill may
eventually be overcome to the credi. of this
Government and the satisfaction of the hos
tile powers.
THE PEACE CcNGREss.
On the subject Of a movement for an inter
national Peace Congress to assemble IN
Washington CITY, inauguTated under. the
Administration of his predecessor, the Pres
ident recites the fact of its interruption by
his own order, and states as the reasons gov
ernino such action that, upon careful re-
search and earnest reflections, he has been
unable to reconcile the customs that have
prevailed in the diplomacy of this Govern.
ment with proposition so far-reaching in
its scope and doubtful in its effects, and
that, since upon Congress must devOlve the
development and ratification OF such pro-
ceeding he had left it incumbent upon him
self in the interests of public policv to trans
NIT all the correspondence which bore upon
the subject as well as the subject itself TO
Congress. The President does not intimate
an unfavorabe attitude toward the assem-
bling of such a Peace Congress hut prefers
that If it shall assemble its character and OBJ
iect shall have been first the subject of more
thoughtful consideration and by the repre-
sentatIves OF the people rather than by the
executive head OF the government alone.
In connection with this subject the Presi-
dent suggests the advisability Of measures
looking to the settlement Of international
difficulties by arbitration, which method, he
recalls, has been the subject OF profitable
discussion satisfying him that the object is
well worthy the attention OF Congress as
means of securing prolonged peace
The President notifies Congress that pur-
suant to the first confirmation ny the Senate
of the special commissioners nominated by
him ARA npempntS have been progressing
for commercial treaty with Mexico, and
the departure OF the commissioners will not
be long DELAYED. Mention is made of sever
al copyright and International treaties, nota-
by with Spain and Belgium.
THE ARRESTS IN IRELAND. ..-
The President treats briefly the matter of
the arrest and Imprisonment of American
citizens in EngIiSh jails. reciting the fact of
the arrests and of the inquiry regarding them
in behalf of this Government; of the de-
mands made through the State department
and our Minister to England for the prompt
trial of the suspects or their release, and ac-
kuowledged the reparstion subsequently ac-
corded by the English Government. This
statement is supplemented by the announce
ment of the transmission TO Congress with
the message of vOluminOus correspondence
and other papers covering this same.
THE TREASURY DEPARTMENT
The President nextreviews the operations
of the Treasury Department The ordinary
revenues from all sources for She fiscal year
ending June 3Oth, 1892, are shown to be as
follows:
From the sale Of public lsnds...--.-. 4.T53 14O 81
'e eoC a 1S9 "a 20
~ y
Total net revenue nue....-...-..-.-. 4o3. .525 $50 %
The surplus revenue was.....-..-.. i4s.543, ,si0TI
The ordinary expenditures for the same
period were
For civil expenses s................. 572io 75O es
For the military establishment in
cludiug river and harbors -.-..-.- $3.50 494. t9
For the naval establishmeut.-...... is 0S2 O4s 25
toT lndia S7So T47 40
TOT pensions 6I'535 l95 %
interest 90 public debt..---..--.-.. lOI12H5- 70
Total ordinary eKpend itures...... 257 es1 439 81
The receipts of the government show an
increase over those of 1891 of s22 25t % in
the revenue of customs S11. 233 209 81 from
the internal revenue. 50 551. .227- 20 from sales
r,F e
eOus sources. making al increase of net rev.
eIue Of $40 742 957 Il. The total net Teven-
ne was S403 $50. 2S. The net expenditures
decreased from $3.50. 742 Ss7 So to S257. 931, =
440 20, reduction of 81 73l, Al. 80, which,
added TO the increase, makes S42, ,474, 405. 10
in the surplus revenues, applicable to the re-
duction Of the public debt. The expenditure
on account of interest on the public debt
show a reduction Of SI1 .431. 534- 29-frOm S85-
sos 741. .1S In 1881 to 81, or, POS 81 in 1892
The excess of revenues over expenditures
was S145. 543, .0S, and the amount applied
to the reduction of the debt S166 2S1, 800 55.
The amount standing cd the books of the
Treasury to the credit of the disbursing Of
fees of the United States At the close of the
fiscal year was S36, ,O67, ,S72.48 The receipts
for the fiscal year on account of the Post Of
fee Department were S31 ,36S 062. 30, and the
eXpen diturPs, S39. .265. Dos 43. OF all these
amounts $50. .211 991, rs, or about one-half
was received and expended directly by the
postmaster without being deposited in the
Treasury. The unavailable funds of tine
Treasury decreased from S29, 521, ,632. Y to
%. 81, 1852
The exports for the last fiscal year were
1898, ,239, 733 as against $3.50, ,925, ,947 during
1881, a decrease of $3.50, $50, ,215. The value
OF the exports of cotton was S199 S12 ga.
The value of the expOrts of breadstuffs
amounted to S182, O70 52S. The imports dur
ing the year amounted to 1924. 5S9, ,574 The
balance OF trade in our favor i'm face of our
decreased exports aggregate nearly S25, ,OOO,-
00O
REDUCTION OF THE INTERNAL REVENUE
RECOMMENDED.
The President congratuates the country
upon its prosperity ana favors rigid eccno-
my in public expenditures and n reduction
of the internal taxes. He endorses the re-
cOmmendatiOu of the Secretary of the Trea-
sury that the tax on distilled spirits, tobacco
and termented liquors be reduced to 8 mini
mum consistent with sufficient revenue to
meet largely in part the ordinary demands of
the Government. He favOrs otherwise the
abolition of Internal taxes, leaving spirits,
tobacco and fermented liq Iors to bear the
burdens
THE REFUNDING OF THE DEBT
A considerable portion OF the message s
devoted to a report of the opera tions con
nected with the refunding of the three and
one-half per cent. bonds into three per cents.
From the fact that these latter bonds rule at
premium the President suggests to Con-
gress that in his opinion the time is now ripe
for legislation which will enable the SecTeta-
ry of the Treasury to further continue to re-
fund the debt. He thinks that the expert
ence of the year conclusively shows that the
bonds of the nation bearing 3 per cent. inter
est can be successfully placed. He aggre-
gates the amount Of interest it will take to
pay the four and four and half, if they re -
main outstanding until maturity, and con-
HInIPS that "a ( a ne in nch tp NJ