The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1884-12-10

scripts of every record of naturaliz2-
|. ton IN the several federal and state
courts, and to MAKE provision also
. for the vacation or cancellation OF
, such records, IN cases where fraud
has been praeticed upon the court
, by the applicant himself, or where
! he had renounced OF forfeited his
acquired citizenship \ Just and
uniform law In this respect would
strengthen the hands of the govern
ment N protecting its citizens abroad
and would pave the way for the con-
clHsiou OF treaties OF naturalization
with foreign countries.
TREASURY SUGGESTIONS COMMENDED
/ / concur with the Secretary of the
Treasury in recommending the i'm
mediate suspension Of the coinage OF
silver dollars aad OF the issuance
Of silver dollars and of the issu-
ance Of silver certificates. This is a
matter to which, in former commu-
nicztions, | have more than once in
voked the attention Of the National
Legislature. Il appears that an
nually, for the past SIX years, there
have been coined. II compliance
with the requirements of the act Of
February Is, 1878, more than ~
/ iO00,000 silver dollars. The number
now outstai d ng il reported oy the
secretary 10 be nearly 1S5,o0O.0O0
whereof but little more than 40,OO0,-
OO0, OF less thaa - per cent. are IN
active circulation. The mere exis-
tenee of this fact seems 20 ne 70 fur
nish ofitself a eogent argument for
the repeal of the statute which has
made such a fact possible.
But there are other and graver
considerations that tend II the same
direction. The Secretary avows his
conviction that unless this coinage !
and the issuance OF silver certificates
De suspended, silver is likely at no
distant day TO become our sole me-
tallic standard The commercial /
disturbance and the impairment Of
national credit that would be thus
occasioned can scarcely be over esti-
mated.
| hope that the Secretary sugges- I
tons respecting the Withdrawal
from circulation Of the one dollar
and two dollar notes VII receive
your approval. II Is likely that
considerable portion Of the silver
now encumbering the vaults OF the
Treasury might thus find It's way
into the currency. While trade doi- I
lars have ceased for the present, at
least, to De an element OF active dis I
turbance IN our currency system, I
some provision should be made for
their surrender 70 the Government /
In view of the circumstances ander 1
which they were coined and Of the .
fact that they have never had Z legal /
tender quality, there should be Of
fered for them only q slight advance I
OF their bullion value.
The Secretary, IN the course OF
his report, considers the pIopriety Of
beautifying the designs OF our sub +
sidiary coins and so increase their I
weight that they NAV bear their due I
ratio Of value to the standard dollar. +
His conclusions IN this regard are I
cordially approved.
INTERNAL. RFvrST-E
In ny annual message OF 1852 / I
recommended the abolition of al 4
excise taxes except those relating to /
distilled spirits. This recommenda-
ton Is now renewed. In case these f
taxes shall be abolished the revenue I
that will still remain 10 the Govern /
ment viii, IN my opinion, not only +
suffice to meet its reasonable expen-
ditures, but viii afford . surplus 1
large enough to permit such tariff
reduction as may seem 10 De advisa
bic when the results of recent reve- I
nue. laws and commercial treaties
shall have shown in what quarters
those reductions can be most judi I
ciously effected.
One OF the gravest of the problems (
which appeal - the wisdom Of
Congress for solution is the ascer- /
tainuent of the most effective
means for increasing our foreign
trade, and thus relieving the de-
preston under which our industries
are now languishing. The Secre- /
tary of the Treasury advises that the
duty of investigating this subject be
entrusted in the first Instance 70 a I
CON mpetent commission While full
" recognizing me considerations
that may be urged against this
course. am, nevertheless, Of the
opinion that upon the whole 10 eth
CT would be likely to effect speedier
or better results.