The times. (Owosso, Mich.) 1882-1897, 1883-02-09

TEE 7ARxyv OUTLOOK, ~
AAproininent democratic senator W. 80
% whether the dcmocSNts Of the oonato
were going TO vote for thu tariff bill. He
sald;o~ ~ DO not know whether they aFq or
pot kn0wI am not unless something
sS SSSssr MIN wSIsn hpS S RGssnf
vote Tor o bill that relieves national banks
from taxation and taxes salt" n Another
senator was asked IL be thought the house
would take up the senate tariff bill when ft
tariff portion Of II, In order that Q confer.
epce committee could DO appointed, and
some kind. He said :aNo, tie house viii iii new.
81 touch the senate bill. I have talked with
the leaders Of both parties Of the house and
the tariff bill. Il viii So permitted TO re-,
main on the speakers table" 49,. -
=. og APPROPRIATIONS. -, .....,,.
The commerce committee of the house are
rapidly going over the estimate Of the war
department and making up the river and
harbor appropriation, bill, which they Cex-
pect to report TO the house within ten days
or two weeks. In All cases they have omit
objected In his communication 10 the house
concerning the improvident appropriations
made last session, but when the committees
comes to revise Secretary Lincoln,s black
list, It is pretty certain that they will decide
do otherwise would be to admit the justice
Of his criticism that there were unnecessary
and eXtravagant appropriations. Instead
OF conceding this, members OF the commit
tee say they will show at the proper time
that the black list was made up by blind,
Is estimated that the bill now in, course of
preparation will aggregate abont 81, 0O0, 900,
and that about One-third OF this sum will be
set apart for continuing the work on the
Mississippi river Improvement, while the
remainder will be distributed among the
most important improvements recommend
ed by the government engineers.
LABOR.
Senator Morgan, who introduced the res
olution authorizing and directing the state
education and labor committee to inquire
into the causes of labor strikes in this coun.
try, said that IL the committee had time and
gave full and fair hearing to all who APP
piled to be heard, he had no doubt that the
truth would be reached. Being asked what,
truth is that the people are OvertaXed. They
are not taxed directly, but indirectly They
make money enough, but what they make
doesn't supply their wants, because of the
great cost Of almost every article they need.
They are continually demanding more
wages because they cannot make both ends
meet. In the south before the war, with
about the same number of acres of cotton in
cultivation, we made only 100000 bales,
and yet the planters were well-to-do, and
the negroes were better. fed and clothed
than they are now; and last year we raised
G,000,0t0 bales, and there are evidences of
poverty everywhere. The committee will
hesitate, think, about reporting that over
taxation is the cause Of the labor troubles,
but that is the truth, and they will be forced
to so report If they continue the eNamina-
tion open long enough"
PUBLIC DEBT.
The following is the public debt state
ment of Feb'y 1st:
Eve per cents. ........,..."..S Si,32S,150
-Four and half per centS...... 250,000,0 900
-Four per cents. I3S, SO7, 500
l nroG per cents. ............... ~, li1,3U
fefundinG certificates. :iSS, 80
Navy pension fund ........... 100000
Total Understanding debt, Sl,3iG, 10000
Natured debt. Observation-Disclosures 1j,C3?,715
Legal tenders. ................. vi, 740, 2GO
Certificates of deposit. ....- L., 100, 900 |
iOld and silver certificates. li5, d., 40 !
Fractional currency. 7,0lS,093 !
Total without interest. .....S 52G, ,4S+ |
Total debt, principal. 81, 900, 80, 534
interest ...................... l0,l5S,S90 |
Cash in treasury. 3IS, TO-, 631 |
Debt less cash in treasury 80. !, 593, COG, 795
Decrease of debt during JAIN. 1865, $50 |
Decrease of debt since June 80,
1882. ....................... 95,OO7, 6G7
Current liabilities:
interest due and unpaid. ......$ ?, 4SG, sos
Debt on which interest has
ceased. NORTHUMBERLAND. li,O52,1lo
interest thereon .............. 44S,9l9
iold and silver certificates. l4j, 81, 40
United States notes held fOrre-
posit. ia,490,OOO
1888. 14S, 25s, els
|
Total. ........... JIG, 7s5, G3l
Available assets:
lash in treasury. .............. Is, 7s5, e3i
Bonds issued to Pacific railway
companies, interest payable
In lawful mOney-principal
outstanding .......... 6i,623, 5fa
interest accrued and not yet
interest paid by United States 81, 2ss,Sss
interest repaid by companies
by transportation service.... 1915
Of net earnings. ............ s55, 1893
United States. ............... 4o,slo,slo