The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1884-12-12

III LILY duHudi hiOSs"SS " iOO-
commended the
ABOLITION OF L EXCISE TAXES
except those relating to distilled spirits
This recommendation is now renewed
In case these taxes shall be abolished
the revenues that will still remain to tn
government will, in my opinion, not oni
suffice to meet its reasonable expendi
lures, but will afford a surplus larg'
enough to permit such tariff reduction a
may seem to be advisable, when the re
suits of recent revenue laws and CONNER
cial treaties shall have shown in wha
quarters these reductions can be mos
judiciously effected.
One of the gravest of the problems
which appeal to the wisdom of congress:
for solution is the ascertainment of the
most effective means of
INCREASING OUR FOREIGN TRADE
and thus relieving the depression under
which our industries are now anguish
ing. The secretary of the treasury adj
vises that the duty of investigating this
subject be entrusted in the first instance
to a competent commission. While fully
recognizing the consideration that may
be urged against this course, am never
theless of the opinion that upon the
whole no other would be likely to effect
speedier or better results.
That portion of the secretary's report
which concerns the condition of
OUR SHIPPING INTERESTS
cannot fail to command your attention.
|. He emphatically recommends that as an
incentive TO the investment of American
capital in American steamships, the gov
eminent shall, by liberal payments for
mail transportation, or otherwise, lend
its active assistance to individual enter
prise, and declares his belief that unless
that course be pursued our foreign carry
ing trade must remain as it is to-day,
almost exclusively in the hands of for
eigners. One phase of this subject Is
now especially prominent, in view of the
repeal by the act of June 26th, 1884, of
all salutary provisions, arbitrarily COM
pelling American vessels to carry the
mails to and from the United States. AS
it is necessary to make provision to COM
pensate the owners of such vessels for
performing that service after April, 1885,
it is hoped that the whole subject will
receive early consideration that will lead
to the enactment of such measures for
the revival of our merchant marine as
the wisdom of congress may devise.
The three percent go;
BONDS OF THE GOVERNMENT. 81
to the amount of more than 500, 900, 900,
have since my last annual message been
redeemed by the treasury. The bonds OF
that issue still outstanding amount to
little over 5000, 900, 900, alone one-fourth
of which will be retired through the opc-
rations of the sinking fund during the
year. AS these bonds still CON
tinue the chief basis for the circulation of
the national banks, the question how to
AVERT the contraction of the currency
caused by their retirement is one of con-
increasing importance. 1t seems
o be generally conceded that the law
governing this matter exacts from the
excessive security, and that upon
heir present bond deposits a larger cir
han is now allowed may be
with safety. l hope that the bill
which passed he senate at the last ses-
ion, permitting the issue of notes equal
o the face value of deposited bonds, will
ommend itself to the approval Of the
louse of representatives
In the expenses of
H WAR DEPARTMENT ~
ne secretary reports a decrease of more
50, 900 900, of which reduction So
10, 900 was effected in the expenditures
" rivers and harbOrs and 50, 700, 900 in /
expenditures for the quartermaster's de-
Outside of that department, /
lie annual expenses of all the army bu- ,
aus proper Except possibly the I
'dnance bureau) are substantially fixed =
a rnnG prhInh aannnf hn rnofa.fo11, L. IL
inished without change in the numer- +,
strength OF the army. The expend- ii
Tres in the quartermaster's department a
n readily be subjected to a~dministra- "
re discretion, and it is reported by the II
of war hat as a result of exer- Il
ing such discretion in reducing the =,
mber of draught and pack animals in "
army, the annual cost of supplying a,
d caring for such animals is now ST. NJ
, ,0S5 80 less than it was in 1882. The ii
)orts of military commanders show cl
1t the last year has been notable N,
its entire freedom from Indian out n,
,aks. In defiance of the presidents =,
of July l, 1884, certain in -;
ders sought to make settlements in the "
liam Territory. They were promptly -
moved by a detachment of troops. r.
ring the past session of congress, a =.
to provide a suitable fire. ~
,of building for the army medical mu- :.
IN and the library of the surgeon gen. -
Is office received the approval of the q.
Iate. A similar bill reported favora- I,
to the house of representatives by y,
of its committees, is still pending be- a.
e that body. 1t is hoped that during 1Iee
coming session the measure may be- II
ne a law and, thereafter immediate ni
ps may be taken to secure a place of y
e deposit for these valuable collections, eN
v in a state of insecurity. vi
The funds with which the work for the We
tn
'ROvEMENT OF RIVERS AND HARBoRs Sa
re prosecuted during the past year, an
re derived from the Appropriations Of ~
act of August 2, 1892, together with sh
few balances as were on hand from ar
Vlous appropriations. The balance pr
ne treasury subject to requisition July III,
1888, was $40, 021 $40. 55. The Al
'unt appropriated during the fiscal lal
r was So, 22S, FOB "a, leaving a bal OIL
e of SO ,112 $50 SO in the treasury sub Isl
to requisitIon July /, 1884. The WI
etary of war submits the report of the ter
# OF engineers as to the practicability de
rofooff,r a,,. -, -.