The Eaton Democrat. (Eaton, Ohio) 1875-1903, 1884-12-04

foreign
The legislation Of the last session effected
in the
DIPLOMATIC AND CONSULAR SERVICE
certain changes and reductions which have
oPPtrs sas say 5n sSs and nj srs
asa s w begs apa connes 1ss a
double the area Of operations that It did
such a service so within them the limit limit Of Of
it seems to me, in accordance with true econ
pie should be adequately represented in its in
tercourse with foreign nations. A project for
the reorganization Of the Consular service and
shors session viii III SSl allow allow it's fii con-.
T ao 1seds n to of Psss shs
service.
IT has been customary to define in the ap-
office to which salary is attached. I sug-
gest that this course be abandoned and that
It it, be left to the I, = President with the advice
to time the diplomatic grade of the represen-
tatives of this Government abroad as may
made, however, as now, for the amount of
salary attached to the respective stations.
The condition of
and the operations Of the various branches
Of the public service which are connected
Th shs m ss t @ are fu
appears that the ordinary revenues for the
fiscal year ended June 30, 1884, were;
Eo Erom customs ,;a 1s5 eSa eSa sS aSs q e
From all other sources 8l,866,807 65
Total ordinary revenues .. s34s 519, ,sss 90
The public expenditures during the same
period were:
For civil expenses $2z,312,e ,e07 n
For foreign intercourse. 1260,788 81
For For iaalaes PENSIONS. 5sss sss g g
including river and harbor
improvement and arsenals 30, ,605 B6
For the avalestablfshfheft, id.
eluding vessels, machinery
and improvements at navy
For miscellaneous expendi. '-''0i M =
lures, including public build
1ngs, light houses and collect
ing the revenue. ............ 1850 no 90
For expenditures on account of
the District of Columbia 34O7Ol9 81
For Interest on the public debt. 54,578,37S 4S
For the Sinking Fund 46,790228 80
Total ordinary expenditures. $ese, e,sls, ,4s3 So
Leaving a surplus OF. ........... So, ,608896 90
As compared with the prece ding fiscal year,
the amount m Of expenditnres. The s asgrsgate t;
s about 81 Tse railing ~ Of
100000 of this deficiency, and about $23, 900 600
of the remaining was due to the diminished
l rece1ptS from internal tdXatlOn.
The Secretary estimates the total receipts
| for the fiscal year, which will end June 30
1885 at $3.50 OOo,oOO and the total expenditures
at $500 go 20l 16 in which are included the in
terest on the debt and the amount payable to
| the Sinking Fund. This would leave sur.
| plus for the entire year of about S39, 100000.
to foreign countries during the year ending
June 10 1854 A Tss rs ss s follows, Domestic tner-
| specie, $BT ,ls3,2Ss. Total exports Of merchan.
disc and specie, $s07, ,e46s9e.
The cotton and cotton manufactures IN
eluded in this statement were valued at
SOS 800, AS the breadstuffs at 1862 5A 715, the
proyisions at STA, ,4l6,547, and the mineral oils
During the same period the imports were
| as follows: Merchandise, 1867 ,697, ,696; gold
More than IS per cent. Of the entire value
| of imported merchandise consisted of the
l Following articles: Sugar and molasses,
S53, ,5l2 see; silk and its manufactures, S4SslS,,
128; coffee, S49,6S6, ,705; iron and steel and
manufactures thereof, 81 ,464 599; chemicals
and manufactures thereof, $3S, ,463, ,39S; cotton
! and manufactures of cotton, $3.50, ,454, ,476;
| S50,9Os. 20 - =
| concur with the Secretary of the Treasury
in recommending the immediate suspension
| of the coinage of
| SILVER DOLLARS
and of the issuance of silver certificates
This is a matter to which, in former commu
nications, have more than once invoked the
| attention of the National Legislature. 1t ap:
pears that annually for the past six years
| there have been coined, in compliance with
requirements of the act of February %, 1878
/ more than twenty-seven million silver dollars
The number now outstanding, is reported
by the Secretary to be nearly $1s5 000, 900, when
4 but little more than $40 100000, or less than
| twenty-five per cent. are in actual circulation
| The mere existence of this.fact seems to me to
furnish Of itself cogent argument for the re
| peal OF the statute which has made such fact
| possible But there are other and graver
considerations that tend in the, same
direction. The Secretary ayows his CON
| viction that unless this coinage and the is.
spance of silver certifcates be suspended
i silver is likely at no distant day to become
our sole metallic standard. The com.
mercial disturbance and the Impairment OF
| the National credit that would be thus occa
stoned can scarcely be overestilnated.
the withdreWai fde from eireulaton of tbe one
dollar and two dollar notes will receive youi
| approval.
the silver now encumbering the vaults of the
Treasury might thus find its way into the
currency. While trade dollars have ceased
| active disturbance in our currency system
some provision should be made for their sur
render to the G9yernmept, In view OF the c, cir
and of the fact that they have never had 6
legal tender quality, there should
over their bullion value. The Secretary il
| the course of his report considers the pro
| priety of identifying the designs of our sub
sidiary silver coins and of SO increasing theil
weight that they may bear their due ratio o.
4 value of the standard dollar. His conclu
si9ns in this regard are cordially approved.
| In my annual message of 1882, L recon
mended the abolition of all excise taxes, ex
cept those relating to distilled spirits
case these taxes shall be-abolished, the reve
nues that will still remain to the Government
will, in my opinion, not only suffice to NEE
its reasonable expenditures, but will afford
surplus large enough to permit such
TARIFF REDUCTION
as may seem to be advisable when the re
suits of recent revenue laws and commercial
treaties shall have shown in what quarter
these reductions can be most judiciously et
fected. One of the grayest of the problem
which appeal to the wisdom of Congress 70
solution IS the ascertainment of the most Ell
fective means of increasing our foreigl
trade and thus relieving the depression un
der which our Industries are now languish
The Secretary of the Treasury advises tina
the duty of investigating this subject be in
commission. While fully recognizing tn
considerations that may be urged agains
that that UPON % the % whole. no Other he .n would b
likely to effect speedier or better results
! That portion of the Secretary's report whicl
interests can not fail to command you
: attention. He emphatically recommend
, that as an incentive to the investment o
, the Government SHALL by liberal payment
for mail transportation or otherwise, lend it
active assistance to individual enterprise
and declares his belief that unles
that course be pursued our foreig
! carrying trade must remain as it is to-day
almost exclusively in the hands of foreign
ers. One phase of this subject is no'
especially prominent, in view of tn
! repeal. by the act of June 26, 1ss
! of all statutory provisions arbitraril
! compelling American vessels to carry tn
mails to and from the United States, as it
necessary to make provision to compensat
1 vaSSa1S
that service. After April 1885, tits hope
{ the whole subject will receive early consid
GRAFTON that will lead to the enactment G
= such measure for the revival of our me-
: chant marine as the wisdom of Congress ma
: devise.
The three per cent. bonds of the Cover
5 ment to the amount of more than $1O0000,0 ,0
have since my last annual message been r
: deemed by the Treasury. The bonds of ths
/ issue still outstanding amount to little owe
e 500 100000 about one-fourth of which wi
be retired through the operations of tt