The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1886-12-09

springs into activity, furnishing an occasion
for Federal taxation and gaining the value
.iaboring man 10 thoushtfuIiy inquirIne
whether In these circumstances, and cOnsid-
erng the tribute he constantly pays into
wants. he receives hs S fair al snare share O o. sdSsni.
aees. Thero is alsd suspicion abroad that the
snGspirs OF our 5evenues indicates aSnortI
the system which produces such surplus In
crease without corresponding benefit to the
Few fwpe among our Citizens. eli EMS whose f"rtUnes. *
valing the wealth of the most favored anti.
democratic nations, are not the natural
public. Our farmers, too, and those engaged
directly and Indirectly in supplying the pro-
ducts Of agriculture ace that day BY day. a., and
needless taxation. While Their products
oa m rhsS 6s ne rss
exchange of productions than we permit, en-
nbe their. people to sell for prices which dis
tress tho American fscmer.
Our farmers and agriculturiste. those who
from the soil produce the things con. umed
by all. arc perhaps, more directly and plainly
concerned than any other OF our citizens in q
Just and careful system Of Federal taxation.
Those actually engaged gag, in and more re-
number nearly one.haif Of our po u.
lation. None labor harder or more
: continuously than they; no enaotmcnts
OF the Government enhances to any great
ext MT the value OF Their products, and yet
for many OF the necessaries and comforts OF
abl..s them to bring into their homes, ard for
their imp ements of husbapdry they are
oSss% s pay PRICE ES Sy
Government, is given to the more favored
| manufacturer.
RECOMMEND THAT,
To-, No
increasing and unnecessarily surplus of ma
| tional income annually accsimul ting he re-
| leased to the people BY Gn sme ndment to our
OF the neccssaries OF life. and give freer en-
trance to such imported materials rs by Amer.
able commodities Nothing can be accom-
plshed. however, in tho direction Of this
much needed reform unless the subject fs
to the interests of the entire country, and
public good. >.
! THE PUBLrc DEBr.
Tho sum paid upon the public debt during
the fiscal year ended June 3O. 1875, was S4455i,.
043.B. During the twelve months ended Oc.
called for redemption amounting to si27sx,,.
100. of which $s18l3Oj was SO oalled %
answer the requirements OF the law relating
purpose Of reducing tho public debt BY ap-
Rilcation ofa part OF the surplus in the
csG S srs sSsS became OF the .dssas SSnss
under such calls o redemption prior to No
yembcr ], 1885. The remainder. amounting to
s2s0is.sSo, matured under the calls after that
In addition to the amount subject to pay.
ment md cancellation prior to November I.
amounting TO s5,07sa5o. which were sntici,
RfSssSh RrSeh . g had the not mfSss'' Seen called St
| Thus $lU1, IA, 200 had been actually appl ed
prior to the lst Of November. 1885. to the .ex.
iinguishment of our bonded and interest
ing the sum OF l,l53.4 .4l3,lla. OF tn s amount
ss6,s4s, 700 were st II represented by three per
or Viii " once se f1rsher
duced by $2a.,6OG $50, being bonds which have
been called rs already stated, but not re-
During the hscai year ended June 80. 1885
there were carried under the compu sorry sl
yer coinage act of 1878 20, 1873 9O5 silver dollars
age was So. $40 ol. There had been enc coined
up to the close Of the previous fiscal yeal
yer yer dollars and and on tho first day Of Decomber
was s247, ,I3I. .b4O. Tho Director OF tho n
that It the time lima Of the
coinage. the int~insic value Of the dollar,
thus coined was 84ll cents each and that or
~ OF SO
the tntrins 9 or bullion price of our standart
silver dollar at that date wes less than q
cents. Tho price OF silver on the 30th day o.
} November last was such a. to make the dol
lars intr.nsically worth u cents each. Thcst
differences in valne of the coins represen
the huct in the price OF silver. an(
they certainly do not indicate that
. COMPULSORY COINAGE
: by the Government enhances the price o
that commodity OF secures uniformity In IL
. valre.
Every fair and legal effort has been mad
2 hJ tho Treasury Department 10 distribute
! this Gu rency among the people. The with
. small demon mutt ms and the issuing of smal
silver certificates have been resorted to IL
! the endcavor to accomplish this result II
obedience to tho Will and sentiments Of tn,
representatvcs Of the people N the Congress
!, On the 9th day of November, 1886, the peop!
. held OF these coins. or certificates represent
. ing them the nominal sum of $l88. .873,Wl, ant
, we still had $sa4. .484,:A5 in tho treasury, a
against about Sl42, 1904, ,055 in the bands OF tn
!. people and S7s, sa53'6 remaining in the treas
, The Director Of tho Mint again urges the
l necessity OF more vault room for tho pur
pose Of ssSring those silver dollars Which
have secn no reason to change the views ex
pressed in my last annual message on tn
again urge its @ suspension ~ oi, ali tbs ir"%nd "
! contained in my former recommendation. re
Z inforced by the Significant increase Of on
pears by the. comparative statement here
/. with presented, and for tho further reason
. that the more this currency is distribute
!: : among the people the gro ter becomes ou
!: euty to protectit from disaster; that we no,
: : have abundance for all our needs. and tina
there seems but little prOpricty In buildin
| vaults to store such currency when tn
m only pretensc for its coinage is the neocsst
Of tts use by the people as circuiat.n ny nj
& dium:
= The report OF the
o SECRETARY OF wA8
8 gives detailed account of the adminstrl
tion OF his department., and contains sundr
| Recommendation for the Improvement OF III
3 service which ! fully approve. Tho arm
8 consisted Ut the date Of the last consolidate
Z return Of 1903 officers aud y, ,9t0 enlisted mel
The expenses OF tho department for the la,
y fiscal year were $50, ,9&l9 inolu ling "a, 284
06. 10 for public works aud river aid hnrbC
improvements I specially direct the atteI
g ofncers be required to submit to an exanin
J. tton as u preliminary to their promotion.
l. see no objection, but many advantages
@ adopting this feature, wh'eh has operated s
. beneticiaiiy in our navy department rs we
as In some branches OF the army.
!. COAST DErENsEs
e treated by the Board ON Fortifications, who's
4 report was submitted ut the last session {
) Congress, but no construction work OF u
o kind recommended by the Board has bee
Q possible during the last year from tho lack {
s appropriations for such purpose. The d
It froutior Is perfectly palpable. The examin
!. tions made must convince us all that certai
= OF our cit-s named In the report Of the Roar
!, should be fortified, and that work on the mo
: important oil These fortihcations should /
= commenced st once; the work has been tho