The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-12-06

I
uld dueo grave commercial embarrassment, II
nhn tne danger be ObYiated. The most
age lectual plan, AID The Ono whose adopti
nc' az the earliest practicable opportunity
lsh sheU heartily approve, has alIegdy be,
yer lhdlcaled. II the revenues Of the next fo
,on Years soell be kept substantially commf
req surate with the expenses. the volume
re- circulation will not be likely 10 suffer an
"a material disturbance. bIit on the 9th
d. naud thefs should be great DELAY In =,
by duclng. Tsring wDll become nscessai
ali either TO substitute some othtY form OF on 4
40 Iency IN place ofthe national bank note
or 10 maze I'm fortaDt changes IN the IaY
OF ny which the circulation Is now control ed
" la ny Judgment the latter course is .ai
ar p1elerable, and commend 10
IS your attention the very interest p !
IL ana thoughtful suggestion on this subj, et
, e WHich sppearsi IN hesecretary' 'sreport. Tho
!, opJectloDs which be urges against the 40.
ceptaDe6 OF any other securities than thS
y oDiigatl0Hs OF the government itself as q
i ioundation for national bank rculatit u .
seem 10 me insuperable for avoiding rha
threatened contraction. Two courses hare
been suggested either Of winch is probapiy
feasible. One is the Issuance of new bonds
having many years to rum bearing low
rate OF interest and unchqngable, upon the
specified terms of th ose now Outstanding:
5he other course which con- mends itself 10
my own judgment AS the Dotter is chs
enactment ofa law repeating the tax on cil
| cuiatlon and permitting the banks to issue
notes Tor an amount equal 10 90 per cent. Oj
the market vGiue, instead or as now
the face value of their deposits and bonds
agree with tie secretary in the belief
| that the adoption of TINS plan would AFFORD
the necessary relief. The trade dollar was
%olled tor the I-pose OF srafc in the
countries where silver passed az It's Valus
| as ascertained by it's weight and fineries h.
never had "a local
numbers of these coins, entered, however,
INTO the volume OF eur currency by CON-
| mon consent, Their circulation in domea-
tic trade has now closed aud 4they have
mus become destroyed element. They
should not be longer permitted TO embsf.
rass our currency system. ! reGommeLd
that provision Tor their reception by
the treasury and tae nlIhts as bulliuu
aC small per centage above
the current market prc cd "
silver otlike ineness. The sec retarySDf the
treasury advises u consolidation of certain
OF the customs districts of the country, ant
suggests that the president be vested with
such power IL relation thereto. as is nov
given him IN respect to collectors of inter-,
al 1eVelue by section 3l4l of the revise
statutes. The statistics on this isubjec
whlch are contained in his report, furnish
OF themselves strong argument ia defen5e
OF his views. At the adjournment of COZ
gress the number of internal revenue col
lection districts was l26 BY executive or
ders, dated June 25rh, 1885, decided that
certain OF these districts be consoida ed
The result has been a reduction of one.
third nf their number, which at present }
but 49,
From the
REPORT OF THE SECRETARY oFwAR,
1t Will be seen that in only single instanCa
has there been any disturbance OF the quiz
condition OF our Indian tribes. A ra 4
MQvipa int, A triy kt,n ,,oll
OF Indians, which was pursued by Gener u
Crook into the mountain regions, frc ~
which 1t had come. 1t is isconfidently hopet
tnatsuch outbreaks will not again occuy,
and that the Indian tribes which have, igr
SO many years disturbed the west,
hereafter remain in peaceable submissicn,
l again call your attention TO the prese ng
condition of our extended seacOast, upul
which are so many large cities who
wealth ana importance 10 the count
could in time of war invite attegs
from modern armed ships agaiI 50
which our existing defensive works couit
give no adequate protection. Those wOrSs
were built before the introduction of mod
ern heavy rilled guns into maI atime war
fare and II they are not put In an etiiCi u5
condition, we may be subjected to hum
alton ny hostile power greatly inferior %
ourselves. As germaDe TO this subject ]
call your attention TO the importance p-
periecGDE our submarine torpedo defeh, b..
fhe board authorized by the last cong ue3
10 report on the method which should ga
adopted for the manufacture of heavy C..-
nance has visited the principal irCn 4Ga
Steel manufactures in this country tul
Europe, and it is hoped It's rep1-a
will be soon made, and that congo
viii therenpOn be disposed TO prov q
Sijuh!e ficilities and plans Tor the NAM
e ure OF such guns as are now imp0ra-
uycly needed. On several occasions q I.-
iUg the past year officers OF the army have,
49, the request OF state authorities, yisi,aa
tEeir military encsm pments for Inspection
Of the troops. From the reports OF these
CiiceTs | am induced TO believe that fhJ
encouragement Of the state military orgt Ii.
2 ,tlons by the national government woU 81
tie followed by very gratifying results, hIE
would bffOrd 1t i'll emergencies. WIN ilG
aid Of large body of volunteers ed duca a,.
in the performance of military duties.
THE SECRETARY OF THE NAVY
reports that under the authority uf the .Cj
of August 8, 1889, ana March 3, 1885, tue
work OF strengthening our navy by the
construction OF modern vessels, has bega
auspiciousy begun. Three cruisers are in
process of construction. The "Chicagg,"
Of as, 600 tons displacement, and the Pos
ton" aud Atlanta" esCh Of % 900 tons.
They are to be built of steel, with the ten
sile, strength ana ducuhtv presented ~
law, aud in combination Cf speed, endlr-
ance aud armament, are eXpeeied to CON
pare fivOrably with the beSt uniformed
vessels OF other nations. A fourth vesisl,
the dolphin, ," Is to be built Of similar ma
terial and is intended 10 serve es fee
dispatch boat. The double turreted mo
tors Puritan" "Amphitrite," and Tt
ror," have been launcned on The Delawnr.
river anu cOntrsct has been mBls
for the supply Of their machN
cry. A similar monitor, the "MOha-
noe" has been launched in CaliloTnia.
~ ~ araA q
tary, recommend the completion Of the
Monitor. The building OF four gunboa -
and also OF three additional steel vesst
like the Chicago, Boston and Dolphin, r1
an important measure Of material Tor de-
tense. The secretary urges also the inn
diate creation OF an interior coast line or
across the peninusala oi Floric
along the coast from hiorida 10 Hsmptl
Roads between the Chesapeake bay a
the Delaware and through Care Cod.
feel bound to imprass upon the attenti1.
OF congress. the necessary OF Continued p
gress in the reconstruction Of the nav
The conditisn OF the public treasu
as ] nave already intimsted, ms
the present an auspiCiOus tins fOT pGtunE-
this branch Of the service m a state Of ef-
hcienoy. Il is no part OF our policy 10 c.
ale and maintain a navy able 70 cope vi
that Of the other great powers Of the vor
ge hsve 10 wish ior foreign eOnquests. a..
the peace which we hEve SO long enioyec
in no seeming danger Of interruption, g.
that our naval sireng h should be made
e1uaie for the defense Of our harbor, e
protsCiion Of car c0mmsrCia4 interests 1a
lnaintainance Of our national honor, o.
uruposition from which % pa-Il8iic c-t sl
vii withhold bis assent.
rHE HErOEl a. The r1sT'iAslsil GENEi IN.
contains q gratifying ezhi9l 81 the
d5siOn sud prospacls of the int
ting branch Cf the yublic
vice In bis care. u appe