The times. (Owosso, Mich.) 1882-1897, 1886-12-17
WASHINGTON NEWS.
Tho Condition of the Navy and Recon-
mtndati,cs for Its Improvements.
Business of the Treasurer's Office During
the Year Ending June 80, 1886.

the year EuufnS June oU, 1901
Mrs. John Davis, of Washington, daugii-
ter of the late Secretary Frelinghuysen, has
been paralyZed 10 degree that renders her
unable to walk. The stroke resulted from
being thrown out of carriage at LenOx.
The books of the internal revenue Office
at Atlanta show q recent increase of eigli-
teen In the registered distilleries of Georgia.
They are allowed to sell to the public in
ten-gallOn packages. In only three
counties Is the manufacture of liquors pro-
hibited.
SECRETARY wRITNEY's REPORT.
The report OF Secretary of the Navy
Whitney renews his former recommends
ti0n for a consolidation of the bureaus so
and care OF supplies, and says that so far
as his power extended lie had consolidated
in one bureau the general purchases of the
department, the care and custody Of stores,
and had created system of bookkeeping
by which the responsibility for the care
and disposal OF property can be had.
The secretary cOnfes5es that the expert
ence of the department in its first attempt
to create modern vessels OF war has been
disappointing. lie says: Zone character
istic which an unarmored cruiser must pos
sess is great speed. This is determined by
the function which she is expected to per-
form In modern warfare. She is q com
MERGE destroyer She must be able to
escape from irOn-clads and Outrun, so as to
overhaul merchantmen. Ii slower than
iron-clads she could not keep the sea, and
II slower than merchantmen she might as
well stay in port. When the Dol
phin, Boston, Atlanta, and Chicago were
projected and contracts for their cOnstruc-
ton entered into it was we'll known what
speed ought to be attained and what weight
and character Of machinery per ton of dis
placement was necessary to obtain it. Com
merclal vessels had at that time attained
speed ranging between sixteen and nine
teen knots, and cruisers were built in other
countries attaining the same speed"
The secretary compares the trial trips of
the Dolphin and Atlanta with those of En-
glish and French boats only recently COM
pleted to the disadvantage of the former.
The Dolphin was designed for 1880 indl-
Gated horse power and developed less than
2S00 while the Alacrity and Surprise, En-.
gllsh boats of 5000, developed 3,173 and
3,070, respectively. The Atlanta was de-
signed to attain $500 horse power, but her
engines develop less than that.
The secretary says that II the estimate OF
the chief constructor of the navy is correct,
in six years only three OF the serviceable
cruising vessels now on the list will be
left, and unless new navy shall be created
there will be none in existence after that
lapse of time. .s
Concerning expenditures. the report says:
I'm the adjustment OF accounts for the
ing all liabilities for the year, it is believed
there will be an unexpended balance of
from 100000 to S650,O00 about one-half,
which Is for the pay of the navy and the
marine corps, showing total expenditure
of about Sl3, 900, or upward OF 100000
less than the appropriations. These
amounts do not include tile expenditures
for steel cruisers and the complexion of the
d0uble-turreted monitors" The report
cites that this is the. first time for many
years that the expenditures have been kept
within the estimates.
Secretary Whitney recommends that the
naval academic course be shortened TO four
years, instead of six, as at present, and
also urges that apprentices be admitted To
the academy. The remainder of the report
Is devoted to detailed reports from the
heads of the various departments.
THE UNITED STATES TREASURY.
The United States treasurer has sub
mitted to the secretary OF the treasury his
annual report, from which it appears that
the net receipts of the government during
the year ended June 81 were 1886. 439, 72L
and the net expenditures S2i2, ass, 13S. The
excess of revenue over expenditure was
Sy3, 956. $50. The net receipts for the last
fiscal year over those OF 1856 are $50, 400, s1-.
The receipts on account Of the postOffice
department., not included In the above
statement, amounted to $5',997, 135, an in
crease of $685., 800 over those of the pre-
from $50 So, s14 in 1886 to $50, 6S2, 3s, in
1886, or $356,271. Bonds of the United
States amounting to $44, 53l go were re-
deemed and applied to the Sinking fund.
Coupons from bonds OF the United States
aIa;S,.g to $7,557' AS Were paid by the
to $40, 49S ,6S7 was paid on registered bonds
Of the United States, including the bonds
issued to the various Pacific railroad com
panics. Coupons from 800 per cent bonds
of the District of Columbia amounting TO
$685. II aud registered interest amounting
to S4l6, AS were paid.
Or bonds held I'm trust for national banks
SCI, 0E, 400 were Withdrawn, of which
amount s Csc 300 was he'll Ia secure CIR
culatiOn, and 81, III, 100 was held us security
Tor deposits OF puolic moneys. The bonds
deposited to replace those withdrawn on
account Of circulation amounted to $780,
754 900, and on account of deposlts to So
170,O n total decrease of S34, III, 800 The
total movement OF bonds held for national
banks was $4,000, 800.
Worn and mutilated United States notes
amounting to S63 000,0 600 were redeemed
tificates was "a, $40 600 and SOS, 5S3,971 were
redeemed. God certificates amounting to
$40, 16S, $50 were redeemed.
The unavailable funds of the treasury
June 30, 1856, were S2ab21,;V q decrease OF
SO, GAG from last year. The balance in the
Sept 30, 1885, was S1O0,O55,7i5, an increase
over that OF 1885 OF Sl6.S15,63d. The avail
able balance was S72,0l3,14l AGAINST $685.
W., 1! last year, an Increase of Sl3,oOO,9 i9.
The treasurer suggests that the large sums
held by mints and assay Offices be placed IN
the actual custody Of the treasury, and the
duties OF the mint officers be confined to the
assayng and coinage of the bullion placed
In their charge.
On the SUBJECT OF altering the present
sub-trensury s. stem, as rendered necessary
by the financial changes in the country, the
treasurer says: "With the extinction OF 3
per cent bonds, which must take place
during the ensuing fiscal year.. the only
bonds available for the purposes of the
sinking fund will be AZ and per cent
bonds. These are HOW selling at q price
which averages very little more than . per
cent per annum 10 the purchaser upon the
cost, and 1t may fairly be assumed that this
rate OF 2per cent Is the maximum rate TO
be earned during the life of these bonds.
Al. - il.A