Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1886-12-11
Government, Is given to the more favoret
manufacturer.
ryenNlrSn THAT,

lsauIng IN view all these considerations, the
increasing and unnecessarily surplus oil NV
tional income annually aeeumui thg oe &c.
leased to the people by an amendment TO our
revenue laws VIII eh shall cheaper tue prce
of the necessaries OF life, and give fretr en-
trance TO such imported matcrislsas by Amer
lean labor may be manufactures INTO MARKET
able commodities. Nothing can I've accom-
plished, however, in the direction OF thla
much needed reform unless the SnbleeI il
approached in q patriotic spirit OF utNo1on
ia The interests Of the entire country ana
with a willingness to yield something Tor lhe
public good.
THE PUBLIC DEBT.
The sum paid upon the pahlic debt during
the fscai wear ended j % BLISS, was S4t,Nl,-
Oi33S. Durins the twelve months enued nc
tober 81. 1856, three per cent. bonds were
called for redemption amounting 10 sl-',-Nh'
answer he requirements OF the law relnting
10 the sinking fund, ana s@u,6EiN U Tor the
purpose of reducing the pubic dcot ny ap-
p~licatiou ola part of the surplus n INC
Treasury to that object. u the poildS
thus called SlH,, s69,4J BECAME subject
under such calls o redempten prior to No
vcmbcr |. 1871. The remainder, amounting 10
III, 0i3,Gj matured under the calls ai'er tha'
date.
In addition to the amount subject 10 pay
mcut and cancellation prior TO November !,
there were also paid before that day certalh
of these bonds, With interest thereon
] ul'lAllHttL liz Ep'S'~sFN' "A'N' ;
S SGics ss So had Do not been called;
Thus SlU,. 34l,S so had been actually appl ed
prior to the lst of November, lss1, to the eS-
iinruiShmcnt of our bonded and interest
bearing debt. leaving on that daystili outstand
ing the SUN of 81, lti.443.l IL. OF IN snmount
s6.StS.1W were sta represented ny three per
cent bonds, They, however, have been sihee
November |, or will al once be, further re-
duced by s., bJi. 10, being bonds which nave
been called as already stated, but not re-
deemed and Cancelled before she after dale,
During the fiscal year ended June 81, ies6,.
there were carr ed under the compu sorry sl'
Yer coinage act of 1875 ~, SSs,a6 silver dollars,
and tho cost of. the silver used in such coin.
agewas $23,44 .es00l. There had been coined
Under tho provisions OF the law ao5 sss,&1l sfl-
yer dollars. and on the first day of December,
1883. the total amount Of such coinage
was $247, 1850, The Director of the Mint
reports that 1t the time OF the pass
age of the law of 1873 directing this
coinage, the intrinsic value of the dollars
thus coined was 04 cents each, ana that on
the3lst day OF July. lSSS, the price OF silver
reached lhr lowest stage ever known, so that
the lntrins g or huliIon price OF cur standard
silver dollar at that date was less than ~
rcrts. The price Of silver on the J0th day OF
November last was such rs to make the dol.
lars intrinS'cally worth scents each. These
differences N value OF the coins represent
the tiucluntioas in the price of silver, and
they certainly DO not indicate that
COMPULSORY COINAGE
by the Government enhances the price Of
that commodity or secures uniformity IN its
value.
Every fair aud legal effort has been made
hy the Treasury Department to distribute
this currency among the people. The with.
drnwa of United States Treasury notes Of
small denominations and the issuing OF SINAI
silver certificates have been resorted to il
the endeavor TO accomplish this result In
obedience to tho will and sentiments of the
representatives of the people IN the Congress-.
On the 21th day Of November, 1885, the pcop'e
held OF these coins, or certificates represeut-
; ing them, the nominal sum of slG6,Si3,til, ard
We still had SIN, i6i. 3t5 in the trcasIry, as
against about tli2, s9i,0S In The hands of the
poop c and ST. Sd5,3.6 remaining in the treas
ury one year ago.
The Director Of the Mint again urges the
necessity OF more vault room for the pGr.
pose Of storing those silver dollars which are
not needed for circulation b. the people. !
have seen no reason to change the views eX.
pressed in my last annual message On the
subject of this compulsory coinage, aud |
again urge its suspension on all the grounds
contained in my former recommendation re.
~infOrced by the significant increase of our
gold expectations during the iaSt year. as APP
pears by the comparative statement here.
with presented, and for the further reasons
that the more this currency is diStr bured
among the people the grcIter becomes our
duty to protect it from disaster; that We row
have abundance for all our needs. and that
~there~Seema but little p%roprlcty In building
vaults 10 StuEt SUCH currency NiHn tnA
only rrats nse for its coinage is the necessity
Of its use by the people rs a circulat ng me
dunn
The rcrog, ofthy
SECRETARY OF WAX
gives n detailed aocount of the admiHistra.
ton Of htS department, ana contains sundry
recommendations for the Improvement of the
service which J fully approve. The atmy
consisted III the date of tie last consolidated
! return pt , IttS officers a HU u lh pultatgh uIap
The expenses OF the department for the last
fiscal year were $50, F1aGi.;S, inclu ling sB.2N4,-
315.l3 for publio works ari river AID harb0r
improvements / Specia! y direct the atteli-
ton OF Congress 10 the res Ummcndation that
officers be required to sub nit TO an eIainina-
ton as "A preliminary to their promotion. |
see no objection, but many advantages in
AtOptlUR this feature, which has operated SO
hcaeticially in our navy department as well
as in some branches OF the army.
The subject OF
COAST DEFE;sEs
and Notifications has been tully and carefully
treated ~ the Board on Qualifications, whose
report was submitted al he last session Of
Congress. but no construction work Of the
hind recommended by tn Board has been
possible during the last yea" from the lack of
appropriations tOr such Purpose. TA,e de.
tcnscI'$$ condition OF or soi coast and lake
frontier Is perfectly pa pablo. The examine.
tons made must convince rs oil that certain
Of our Citf g named inthc r. port of the Board
Should be fortified. and thai work on the most
important of these Qualifications should lie
commenced Mt once; the work has been thor
oNGhir considered and laid cat. the Secretary
ct war reports, but ali Is dnial Ell in default
OF CONGRESSIONAL hcNon. Tie absolute rccrs-
s!ty, judged by al standardso of prudence and
3 iGres ght, OF our preparation for an %efectual
resistance against the armored ships and steel
guns and mortarS Of modern construction
which may threaten the cities on our coasts,
: s 50 apparentthAt ! hope effective steps Will
he taken in that rect, on immediately.
$ ms tpAciiEs.
I In September and october last the hostile
{ ApaChes who. under the leadership OF. Zero.
! nirno, had tor eighteen months been on the
warpath. and during that time hal ommt.
{ ted many murders and bcea the cause of con
2 slant tcrrors 20 the settlers of Ar IONA, SUI.
5 rendered 10 General lilies, the military com.
maud +, who succeeded General Crook IN the
I management and direction OF their pursun.
Under the terms OF their surrender rs then
T reported. and In view of the understanding
which these numerous savases seemed to
2 entertain of The assurance = ven them, II
u was considered best to prison them in snch
9 manner rs to prevent the r ever engaging Ia
such ontrages aga " instead OF irving
7 them for muidcr. Fort PickcIs having
been ealected as . safe place Of con.
. fncinent, all the adult males were scut
5 thither and will be closely guarded rs pris-
oners. In the meantime the residue of the
oana who, though still remaining upon the
reservation. were regarded as unsafe and
sAA' w AtbEN III llI
war path, mad been removed TO Fort Marion.
n The women and larger children OF the hos
tiles we're nlso taken there, and arrangements
have been made for putting the children o!
proper age in Indian schools,
The affairs OF
The POSTAL SERVICE
n show marked aud gratifying improvement,
d during the past year. A particular account
N OF ita transact lis and condition ia gwen in
the report OF the postmaster-General, which
N viii be ln,d before YOU. The reduction of the
ii rate OF letter postage in 1888, rendering the
n po-tai revenues inadequate to sustain the ex-
peaditnres, ana business depression also
contributing, resulted in m excess OF cost
for the fiscal year ended June 81, 1855. OF
eight aud onr-third millions of dollars.
nm additional check upon receipts
by d~olrling the measure Of weight in
rating sealed correspondence and a miBish.
n Ing onc-llnlf the charge for newspaper earri-
i nge, was imposed by legislation which took
eicc: with tho beg nning OF the past fiscal
"ear; while the constant demand Of our ter
ritorial development aud growing population,
for the extension and increase OF mail facili-
ties and machinery necessities steady annual
advance i'll OUTLAY, aud the careful co, innate
IL OF u year ago upon the rates OF expenditure
then existing contemplated the nnavnniabi.
augmentation of the deficiency In the last
hsoal year by neoriy $2,pN.gN. The antici-
IN pated revenue FOR the last year failed of
nj real cation by about $i4,eO, but proper
measures of economy hav so satisfactorily
limited the growth of expenditure that the
total deficiency in fact fell below that Of
m 1855. And at this time the increase OF rpvc.