St. Landry democrat., 1883-12-15
PRESIDENTS MESSAGE.
Continued from Second Page.

native chiefs. Roads have been opened and
steamboats, placed on the river, and the null
Get of States established at twenty-five sta
commerce and prohibits the siave-trade. The
objects of the society are phllanthrophic. 1t
does not aim at permanent political sa. contro
United States cannot be indifferent to this
work nor to the interests Of their citizens in
volved in it. 1t may become advisable for us
TO cooperate with other commercial powers
in promoting the rights of trade and residence
in the Congo Valley free from the interior
ence or political control of any one nation.
THE COFFEE TRADE.
have alluded, in my previous message, to
the injurious and vexatious restrictions suf-
fered by our trade in the Spanish West Indies.
Brazil whose natural i outlet f4 tl It's gr t,ss
United States, imposes heavy export duty
upon that product.
OUR PETROLEUM EXPORTS
are hampered in Turkey and other Eastern
onerous taxation. For these mischiefs ade-
quate relief is not always provided by reel
procty treaties like that with Hawaii or that
lately negotiated with Mexico and now await
ing the action of the Senate. Is it not advis-
able to provide some measure of equitable
retaliation in relations with governments
which discriminate against our own? Ii, for
example, the Executive were empowered to
apply to Spanish vessels and cargoes from
Cuba and Porto Rico the same rules of treat,
ment and scale of penalties for technical
faults which are applied to our vessels and
cargoes in the Antilles, a resort to that course
might not be barren of good results.
THE FINANCES.
The report of the Secretary of the Treasury
gives full and interesting exhibit OF the
financial condition OF the country. 1t shows
that the ordinary revenues from all sources
for the fiscal year ended June 30, 1883, amount
ed to $39S 2S7, 5sl IS; whereof there was receiv-
re- t si4 sses: from safes Of public
lands ST ,955 1854. AZ; from tax on circulation and
deposits OF national banks, w, Ill ,0oS.85; from
profits on coinage, bullion deposits and ASSAYS,
a. 46O,2e517; from other sources, ST. 3S3 6S7 go;
total 39S PSI, 1.95. For the same period
THE ORDINARY EXPENDITURES
were For civil expenses, S22 343 2s5 49, for for
eign intercourse, $2,4l9, 275.24; for Indians,
7362, $50 81 for pensions $3.50, OLE 81; for the
military establishments and arsenals, SIS .911, :
1872 SO; for the naval establishment, including
vessels and improvements at hayward, sl5,-
2s3, 437 II; for miscellaneous expenditures in
ies epe enangs aaa
ditures on account OF the District of Column
bia, 1887, 02s AZ: for interest on the public
Leaving a surplus revenue of sis2, s7s, ~.
which, with an amount drawn from; the cash
balancein the Treasury of 81 ,299 SR.55, max
ton Of bonds; for the sinking fund, s44 ,s5J,-
700; of fractional currency, for the 81, sinking
fund $3.50 .96; of funded loan Of 81, CON
tinued at 81 per cent, S65. $50 $50; of loan July
and August of 1861, continued at 81 per cent.
$2O.5g4 800; of funded loan Of 1901, ,4ls, $50;
of funded loan Of 1851, S!l9, l5o; OF loan OF
August, 1851, $266 800; Of loan of March Is,
1853, $1l 600; of loan Of July, lsS2, $685.
600; Of five-tWenties of 1862 $40 100000; Of i've
twenties Of 1864, sos 600; of five-twenties Of
1855, $3.50 600: of ten-forties 1855, $685. goo:
of consuls of 1855, 81 $50 600; OF consols OF 1857
$23,570,0O0 of consols Of 1858, q 546,5 800; OF
tifcates, SlU,915OOO; Of other demands, com
pound interest and other notes, $l3,3OO. Total,