The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1885-12-18
CAPITAL oLeAn,nos.

CAPITAL oLEANINos.
Comptroller CAnnsn On Sllver-SeeretaR2
Manning's Estlnaats Of Current Expenses
-Commissloner 9paxlu' Deelsion-RaA.
dall's Tariff BIN.
WASHINGTON. December Sin the
course Of his annual report Comptroller Of
the Currency Cannon, referring 10 the sill
YER question, says that he believes, - was
stated year ego that the operation Of the
present law which compels the coinage Of
2,000, 900 standard silver dollars per month,
would eventually bring financial disturb
ance upon the country. and continues: As
the silver question b more unsettled than it
was at the time the foregoing was written,
not only In the United States but else
where, It seems doubtful II this Government
should attempt to issue q circulation based
upon silver, even at its bullion value, until
the relative value of this metal IL
more definitely settled throughout the
coinage of the silver dollar by our
Government might perhaps have . ten.
dency to bring about some agreement with
other nations, and the fixing of q standard
for series of years; It Is, however, evident
that the coinage of the standard silver dol.
lar under the present law Is in excess of the
requirements Of the country. and should be
discontinued. II we continue to add these
dollars to our circulating medium, and they
continue to accumulate In the Treasury, the
Government must Of necessity pay some
portion of its obligations In that coin; and
II the Government should pay Its interest
and other Obligations and redeem its bonds
in standard dollars, the business of the
country would Immediately 60 to silver
basis What effect this would have IL is
difficult to predict 1t would appear. how
ever, that gold would 60 to premium,
which would compel its being held, to
q certain extent, as an article of mer-
chandise, and It would not circulate as
money. This would probably occasion
contraction In credits and financial dis
turbance. The effect upon the legal tender
notes. which, by the terms Of section IL of
the act of July IL. 1882, appear to be re-
deemable in gold, can not well he fOreseen,
but It would be difficult for the Government
with its present stock of gold to redeem the
outstanding legal tender notes or such por-
ton of them as might be presented, IL gold
was held at q premium. Inasmuch as the
national bank notes are redeemable i'm legal
tender notes, their position would be deter
mined by the status of the latter. The
substitution of the standard silver dollars
and silver certificates based thereon, in
place of bank notes, which is taking place
under the provisions of law now In force,
evidently requires consideration and apprO-
pirate legislation.
WASHINGTON, December S.-The Secre-
tary of the Treasury has transmitted to
Congress the estimates Of appropriations
required for the fiscal year ending June 30,
1887. The total amount estimated as re-
quired for all the expenses of the Govern
ment is S33S. SIS, 532, which is S15,67S, 153
more than the sum called for i'm the esti-
mates submitted last year, and $50. 1926. 10
more than the aggregate Of appropriations
for the present fiscal year. Tie estimates
of 1887 are ne 10 up of the following items:
Legislative establishment, S3,275, S2S; ex-
ecutive, S1S,491,311: judicial. s40S, 800:
foreign, S1,604,9G1; military, S25,6SO, 495;
naval, $50. .357; Indian affairs, S6,051,-
Zo9 pensions, 1880. 200; public
works, S2G,S60,0l6: postal ser.
vice. S7,443,0l4; miscellaneous, s24,-
1875, 951 permanent annual appropria-
ton, S11S.91O,95s. The differences between
mert Indian Affairs misce,iopsons and
nernanent CONGRATULATIONS and the annro.
nriations made fnr tho nresent venr are
riding THE total for civil ostablisbmont
h 600 175 la1 Amonp the e.fima tas under
ths head IF nubiIc works ar., the Following.
Court Honsa At Denver s97 OOO. fine Court
House Mt n.troit sim onn. tl,e Court
Hons. at Erie Pa ss0 non. the Conrt
lJo,sc Mt InmisviIie san, 00N. tine met.
oi,ics AZ Minnesnoiis som 0Co. the Court
uones ~ pistshnr,.s, xsnn mn. Tho ,,o.t.
nf,ica as 8. .Ios.nh Mo sIGo Oo0. the
Co,,rt Honse ot Winona MINI sSo Ooc. the
marine hosn;t.I ,t Nav Orleans ss0 oo0.
II,e custom honse ot New OrIe.ns ss0 0O0.
the nortl,wast se,i roci, I;,,t stoti,n r., S,oI'
iforni. SIN o0o tho TIm;,s,, States i,;, at
Fort Smith Ark co, oon. tho Pool Island
,rsonoi Soii ono: tor,'..G,,.'. for II, rhor 10
fansas ss,a nan. nrosorvot;o o,,i rsnoir NJ
S,.s oon. .r,m.n mani ~ fortiI:-
.,t;nns Co I'M nno. .t,,a ,var ona n.vv do.
n,r,mcnts h";,.ii"r. '. ssoo ono. co,"n,c,;on
NJ Tho Wo.h;,,,,..s,, ,,",,,,,uont Gin, 400.
;ncraos;nr ,,'.," s."t.- s,,nn,r nf Wos,,;ur'
,n,, c.",, oc". .",Tn. yfP 10 A..
sas, mn. swrvavv ~ tho South maze ~ tHs
si;ss;sS;,,r; H;v.r SIN 900. ;,mrrnv;uv
r;vor and hor,,nrs x,s s-s Sao
w. sw,~cT"w n..cs,.rsr s-,rrch an.
orchen.iom has hean m an;fes,esi IN tho West
h, ro1or,a 70 tSs sco,,.. NJ Cnmm;ss;one,
Sn.rTs, ro..,t S.c;s;',,, ~. tho .,s"c, That
e,";,..,.s ,,,,,. ,,.., ,r.,,;o,.,,.
mi ,i,s hs".,a;t NJ nro'.m''t;,p pc c,, MT
."o so .'.";. ,,,.,,,as,.od nIa;',, Man.
.ass ~ C,."s. ,..,.. rao.,;,,.S 'm.'',, ,ottar.
~, 81. s"S;.s.. sr%;"o,;e~ ,v;.,".nrs.S f..r
n.. tI,;s is.;,;",, 100 - hs mall. rs,ros".
inv. ,.;.;.,. ..."',,., 49,. a.. .tf"". ~ nrsat.
IN ~ .,,,." :" m.. nov" ~. ",,;,ns ,vI;.,, Id
"as S Si'' -" 'o o,.r.,,""" ;','. ,,'" n.n%s
e Ill ....;. S.,..,. W..'
suuu t'sessoos o0'"soA ve's