The daily Cairo bulletin. (Cairo, Ill.) 1878-1???, 1884-12-02


those relating to distilled spirits. II these
taxes are abolished the revenue remaining
TO the Government, will, not only suffice TO
meet all reasonable expenditures, but VIII
hnord a surplus large enough TO permit such
tarin reduction as may seem ad, lsable when
the results OF recent revenue laws and com.
mercal treaties shall have shown In what
quarters these reductions can be most judi
ciously effected.
The President says, although he Is fully
sensible to the objections to be made to the
appointments Of Commission to ascertain
tlle most effective means for increasing our
foreign trade, still he believes this TO be the
most speedy and efficient method He in
dorses the recommendation OF the Secretary
or the Treasury, favoring liberal subsidies TO
mai steamship lines as an incentive 70 the
investment OF Americal capital In American
steamships, and declares that unless that
course be pursued the foreign carrying trade
VIII remain, rs II Is day almost exclusively
| In the hands OF foreigners.
On the subject OF basis for National bank
circulation he says: Three per cent bonds OF
the Government to an amount OF more than
hundred million have since my last annual
message been redeemed by treasury bonds |;
the issue still outstanC ing amounts TO lit.
/, tie over two hundred .ilions. about one
fourth OF which viii be retired through the
operations OF the sink ng fund during the
coming years. AS these bonds still continue
the chief basis for the circulation OF Ma.
tionai banks, the question how TO avert the
! contraction OF the currency caused by their
| retirement ID one Of constantly increasing
importance POI .n l. seems 70 DO generally CON
acts from the banks excessive security; that
upon their present bond deposite q Alarger
| circulation than Is now allowed may DO
| granted with safety. l hope the bill which
passed the Senate last session permitting the
Issue OF notes equal to the full value OF the
| deposited bonds will commend itself to the
consideration Of the House OF Representa-.
tives.
COAST DRPEHsRs.
Concerning the seaboard defenses for our
cities, recommended by the Secretary of
| War, he says: "The time has now come
when such defenses can be prepared with
| confidence that they will not prove abor-
tive, When the possible result OF delay in
making such preparation is seriously con.
sidered, the delay seems inexcusable. For
tue most important cities, those whose de.
| struction or capture would be National hu.
initiation, adequate defenses, inclusive of
guns, may be made by the gradual expendi-
ture or s6O,OOO,OOO, a sum much less than q
| victorious enemy could levy as contribu.
ton. The appropriation of about one,tenth
OF that amount is asked to begin the work,
and concur with the Secretary OF War In
urging that II be granted.
He renews the recommendation contained
In his special messas 80 to the last Congress, :
fayoring the establishment OF two Govern
ment iactorles-one for the army and one
Tor the navy-for the manu-. acture of heavy
steel cannon, and urges Congress to act, so
as to enable the Government to construct its
own ordnance on its own territory, and pro.
vide the ornaments demanded by consider
atoms OF National safety and honor.
Concerning the reconstruction OF the Navy
he says: "ln this, the last Of the stated
messages shall have the honor to transmit
to Congress, can not too strongly urge on
IT'S attention the duty Of restoring the
Navy as rapidly as possible to the high state
OF efficiency which formerly characterized It,
long peace has luiled US into sense of
tancied security, which may at any tune be
disturbed. Ii Is plain that the policy OF
strengthening this arm OF the service Ii die
tated by considerations OF wise economy and
just regard Tor our future tranquility and
true appreciation Of the dignity and honor Of
the Republic.
"The report OF the Postmaster. General" he
says, "dlscloses tn, gratifying fact that the
loss OF postal revenues during the last year
from the reduction OF postage to two cents
has been Less than was expected-only 81.
2lo,Oo0" This he considers "A trustworthy in.
dication that the revenue Will be restored to
Its FORMER volume by the natural increase of
recommendation that the unit weight OF first
class mail matter should be one ounce in.
stead OF balf an ounce, as IL now Is.
lie recommends the reduction OF postage
on drop letters to one cent, and the exten.
sion OF the tree delivery system.
He concurs with the Secretary OF the In.
terror In advising the repeal OF the pre- emp.
ton laws, and the enactment OF statutes re.
solving the present legal complications
touching lapsed grants to railroad com.
panies, and the funding OF the deDt OF the
several Pacific RallrC&is under such guar.
anty as shall enectuaily secure its ultimate
payment
lie believes If polygamy can be suppressed
In utan by law. II can only be by the most
radical legislation consistent with the re.
straints OF the Constitution, and recommends
Congress to assume absolute political con.
troll OF the Territory, provide tor the ap.
pointment OF COMMISSIONS with su h Gov.
ernmental powers as In Its Judgment may
Justly and wisely be put into their hands.
The President devotes much space to the
consideration OF the policy OF the Govern.
ment regarding the extension OF our foreign
trade. The main conditions OF the problem
are thus stated. ave are people
We cover d vast extent Of territory, rich
In agricultural prod lcts and nearly all the
raw materials needed for successful manu-.
iacture; We have system oil produc.
tive establishments NOR than sufficient to
supply our own demands Wages Tor labor
are nowhere Sc 80 great; the scale of
nVinB of our artisan classes is sucn as
tends TO secure their personal comfort and
the developm mt OF those higher moral aad
Intellectual qualities that 40 to the maAing
OF good citizens; our system OF tax and tariff
legislation Is including the revenue IN excess
OF the present needs OF tire Government.
THESE are elements from which II Is sought
70 devise scheme by which, without un.
iayoraDly changing the condition of
the workingman, our merchant ma.
rine may be raised from ts en-.
teebled condition and new markets provided
for the sale beyond our borders OF the mani
fold fruits OF our industrial enterprise The
problem ID complex and can be solved by no |
single measure, innovation or reform.
Tue countries OF the American continent
and adjacent Islands are Tor the United
States the natural marts OF supply and do.
manu IL IL from them we should obtain
what we DO not produce, or do not produce
IN SUFFICIENT quantities, and II is to them that
the surplus production Of our helus, mills
ana workshops should flow, under eondi.
tions that WIN equalize or favor them In com.
parison with foreign composition. -Four
eseem to point to tnIs end
First-A series Of reciprocal CONNER.
cial treaties with the countries of America,
which shall foster between us and them tho
unhampered movement OF trade. The con.
ditions OF these treaties should DO, tree ad.
mission OF such merchandise ~ this country
does not produce, IN return for the adm.s.
sion free, or under o favored scheme OF du-
ties, OF our own products; tue benefits
goods carried under the iiax OF the
parties to the contract; the removal on both
sides from all vessels 80 privileged all ton.
mage dues and National imposts, 80 that
these vessels may ply unhindered between
our ports and those OF other contracting
parties, though without Infringing upon the
reserved nome coasting trade; and the re.
moval or reduction OF burdens on exported
products TO those countries coming within
tne Dement'S OF the treaties such rs those by
which they are at present hampvred.
Secondly-The establishment OF tho con.
sular service Of the United states on sal.
aried footing, thus permitting tho relin puish.