The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1883-12-12

country over which it has maintain
ed effective jurisdiction.
SOCIAL AND SCIENTIFIC CONGRESSES.
In view of the frequency of invita-
tions from foreign governments to
participate in social and scientific
congresses for the discussion of i'm
portant matters of general concern,
repeat the suggestion of my last
message, that provision be made for
the exercise of discretionary power
by the Executive in appointing
delegates to such conventions. Able
specialists are ready TO serve the ma
tional interests in such capacity
without personal profit or other
compensation than the defrayment
of expenses actually incurred, and
this comparatively small annual
appropriation would suffice to meet
RETALIATION.
| have alluded in my previous
message to the injurious and veXa-
tious restrictions suffered by our
trade in the Spanish West-lndies.
| Brazil, whose national outlook for
its great national staple, coffee, is in
and through the United States, i'm
poses a heavy export duty upon
that product. A like narrow policy
| is pursued in other American coun-
tries. Our petroleum exports are
hampered In Turkey and in other
Eastern ports by restrictions as to
storage and by onerous taxation, and
the free outward movement Of our
great food products is, in mequar-
tiers, clogged with like impediments.
For these mischiefs adequate relief
is not always afforded by a reciproc
ity treaty like that with Hawaii, or
that la,ely negotiated with Mexico
and now awaiting the action of the
Senate. Is it not advisable to pro-
/ vide some measure Of equitable
retaliation in our relations with
governments which discriminate
against our own? If, for example,
the Executive were empowered 10
apply to Spanish vessels and cargOes
from Cuba and Porto Rico the same
rules of treatment and scale of pen
alties for faults which are applied
to our vessels and caTgoes in the
Antilles. resort to that course
might not be barren of good results.
A discretionary authority to forbid
the importation of articles of con-
sumption injurious to health might
be advantageeusly exercised in our
dealings with discrimination against
our food products.
OUR FINACIAL STATUS.
The report of the Secretary of the
Treasury gives a full and interesting
exhibit of the financial condition of
the country. 1t shows that the or
dinary revenues from all sources for
the fiscal year ended June 80, 1888,
amounted to 1895, 2S7 ,5S1.95, where
of there was received
From Customs. .s2ls, ,7o5 se6 90
From Internal Reyenue.-.--....... IA, 20 3 IS 90
From Gales OF public lands ...-...... $3.50 so4 ~
From tax on circulation and deposits
| OF National Banks. 9,1ll,00s IS
From profits on coinage, bullion de-
posits. and ssays.--...-..-.--..-- 4,4f02o5 l.
From other sources ................ l7,S35 o3I 20
Total. --.......-.-.-.........S .So9s, ,zs1,5sl 95
For the same period the ordinary
expenses were:
For civil expenses es............... s22 3l3 2s5 70
or foreign u intercourse 24l9,275 "A
I For indians ...---.....-...--.-..... a,S6Zos "a
FOR pensions --.......-.------..-- oo,Oi- 0fS o.
For the military establishment in
cluding harbOr Improvements n
arsenaIs. s.................-....-. 4ssIl, ,Ss2 sS
For the naval establishment, inclu-
ding vessels and improvements
at navy yards. I5,2s3, ,i37 l.
For miscellaneous expenditures, in
Guiding public buildings, light
houses, and collecting the reye-
nues. .....-............ 4O,oas ls2 %
For expenditures on account of Dist.
OF Columbia. 3,siI.O2s is
FOR interest on the public debit. 5eIoo I3I 25
Total. .S265 40s, 1877 -
This leaves a surplus revenue of
s32, ,S79,444 81, which, with an
amount drawn from the cash bal
ance in the Treasury of 81, ,299, ,312,-
30, making s134,17S,756.9 was APP
piled as follows To the redemption
of bonds for the sinking fund, s44,-
S5O,100 of fractional currency for
the sinking fund, s4,656,696; of the
funded loan of 1881. continued at 3!
per cent, S653.S02 80 of the loan of
July and August, 1861, continued at
3! per cent, S20,594 600; of the
funded loan of 1862, s90,714,1SS 50;
of the funded loan of1SS1, S7191j0;
of the loan of February, $4,000; of
the loan of July and August, 1881,
S266,600; of the loan of March,
1868, S1l6,S50; of the loan of July,
1882, SAT $50; of the fve-twenties of
1862, 10000; of the five-twenties of
1864, s7,050; of the fve-twenties of
1865, $500; of the ten-forties Of
1864, s133, $50; of consols of 1865, |
S10,S00; of the consols of 1861, |
S235, 700; of consols of 1868, 1854,
$50; of Oregon V ar debt, s., ,450 of |
retunding certificates, S109,150; of |
old demand compound interest and !
other notes, s13,300. Total, S134, |
.17S,7c6.96.
The revenue for the present fiscal |
year, actual and estimated, is as fol-
lows:
Estimated for the |
Actual for the remaining |
quarter ending three quar-
Sources. sept 80, 1883. ters OF year /
Form customs s s., ,lo2y75 g. as, O2l 50
From internal reve-
enue............ 2g,6o2O7s 90 sO,3s7 sal 20
From sale OF public
land..........-... 1892 6S5 II s,C67,se4 81
From tax on circula-
fiOn and deposits
of National Banks l,557, 500 SIS 1,d2, ls9 IL
From repayment OF
interest and sinkg
fund Pacific Rail-
roads. s.............. 52l,0 81 LAS, $40 40
From customs, fees,
fines. etc.. 2gs 69S IS 90, ,3O5 -
From fees consular,
lctteispatent, and
lands......-...-... eoS,IUs 81 A3,bIs ~
From proceeds OF
sale Of Covenant
property ll25o2 % 1s7,ss7 II
From prorts on coin
age, etc. 94O,- 10 3,llp, $50 81
From deposits for
surveying public
IAn1e........--.. it- Sot ol t9oS "
From revenues OF
Dist. of Columbia 255 OH 30 l,6t5, ,ee2 OIL
From miscellaneous
sources. 1,237 Is9 s3 2as2,sI0 81
Total receipts. 95 900 9l7.gS S2S7.0s3Os2 81
The actual estimated expen2es for the same pc
riod are: ,
.t..fwxa