Los Angeles daily herald., 1888-12-04


/ | tuted and that limited number of secretsrit
5 of legation at large should be authorized
CONSTITUTIONAL CENTENNIAL.
I Preparaii 'ns 10 the centennial ceiebratio
on April 80, 1889, ii the Inauguration Of Geors
Washfneton as President Of the United Stats
at the city Of New York, have been made by
voluntary organization Of the citizens of this
D should be afforded for the expression of tn
) interest felt throughout the country with thi
event, respectfully r commend sitting al.
cooperate action by Congr IS on behalf of III
tpeople OF the United STATES.
THE TREASURY REPORT.
The report of the Secretary of the Tressur,
exhibits in detail the condition of our natiopa
branches of the Government related to his de
partment. The total ordinary revenues of The
Government for the fiscal year ending June 30
1888, amounted to 1878, ,266, ,S74.76, of whicf
$219, ,O91, ,I73. 65 was received from custom du
ties and 1924, ,299, S71.98 from internal rev
enue taxes. The total receipts from all sources
80, 1887, by 81, 1862, ,797. 10. The ordinary ex
penditures of the fiscal year ending June 80
1888. are $259, $50, ,95S.67, leaving surplus o.
$l19612, 16 90. The decrease in these ex
penditures as compared with the fiscal yeal
ended June 80, 1887. was &s. .27s, ,22O 80.
Notwithstanding the payment OF more than
what was paid for that purpose in the latter
| mentioned year, the revenues OF the govern
ment for the year endi June 30. 1889, as
/ certained for the quarter ending September 80
| 1888, aud estimated tor the remainder of the
time, amount to s377 ,OOO, 600 and the actual
and estimated ordinary expenditures for the
same year are $270.00O, 600. leaving an es.i
mated surplus of $1O4 100000.
BOND PURCHASES.
| The requirements OF the sinking fund have
been met for the year ending June 80. 1888,
fof the Also 6y the
positively required, and bonds sufficient for
that purpose had been bought at premium.
| there was not surplus for such purchases until
A resolution, however, having been passed by
| both houses of Congress removing all doubt as
bonds Were on the Esd day
April, 1888, and have continued until the
present time. By this plan bonds of the Gov
ernment not yet due have been purchased up
to and including the 3Oth of Novem ber, 1885,
amounting to $94, zoo, 400, the premium paid
thereon amounting to $17 ,5O9,613.
| bonds represents an Investment yielding about
per cent. interest for the time they still had to
| run, aud the saving to the Government, repre-
sented by the difference between the amount Of
interest at per cent. and upon The sum paid
for principal and premium and what It would
| have paid for interest at the rate specified on
about s27, ,165 900. At first sight this would
seem to be profitable and sensible transac-
ton on the part of the Govei nment,
the Treasury, the surplus thus expended for
The purchase Of bonds was money drawn from
the people in excess of any actual need of the
|
| slow it to remain idle in the Treasury If this
| surplus under the operation of just and equita-
BILE laws had been left In the hands of the
people it would have been worth in their bust
| ness at least per cent per annum Deducting
| from the amount of interest on the principal
| and premium of these bonds for the time they
| had to run at the rate of per cent, the saving
| OF the per cent made for the people by the
purchase of such bonds, the loss win appear
to be $55, 100000.
| demonstration that IL excessive and unneces
| sary taxation is continued and the Cover ment
/. forced to pursue the policy OF purchasing its
necessary to pay the loss to the people will be
hundred. Of n illions Of dollars.
Since the purchase OF bonds was und erta ken
were at last accepted 1t has been quite appar-
| ent that the Government was in danger OF be-
| ing subjected to com mbinations to raise their
secretary, Of the offering of bonds OF the par
value of only 1926 900 SO often that the aggre-
gate of sums demanded for their purchase
| amounted to more than $19, 100000.
Notwithstanding so large sum paid out In the
| purchase of bonds the surplus in the treasury
on the 30ih day Of Noyember' 1883 YES YES Sd2' Sd'
900 Just drawn out for the pay ment Of PEN
| sions.
| THE message here contains summaries Of
of other departments, which have been pub
lished in the HERALD.-ED.l
MILITARY RECOMMENDATIONS,
l earnestly request that the recommer dationt
contained in the epoIt of the Secretary of War
crease the usefulness and discipline of the
army, may receive the consideration of Con
gress. Among these the proposal that there
Of fV Officers to test their fitness for promotion Is
of the utmost Importance: This reform has
been before commended in the reports of the
onstrated by the argument he represents in its
| favor that its adoption should no longer be
neglected.
| TRIBUTE TO GENERAL SHERIDAN.
The death of General Sheridan in August last
was a national affiiction. The army then lost
| the graz dest Of its chiefs. The country lost a
| brave and experienced soldier, wise and dis.
| CT eet counsellor and modest and sensible
the range of his pei ersonal associ alton will never
| fail to pay deserved and willing homage to his
greatness and the glory OF his career, but they
| will cherish with more tender sensibility the
loving memory Of his simple, generous and
considerate nature.
INDIAN WARDS.
The Aspache Indians, whose:remoyal from
their re4ervation in Arizona followed the cap
ture of those of their number who engaged in
bloody and murderous raid during part of
the years 1885 and 1856, are now held as prs-
oners of var at Mount vernon barracks in the
State OF Alabama. They numbered on the 21st
day OF October, the date of the last rer ort, s3
men, ITO women, 70 boys and SO girls, in all
3s2 persons. The Commanding officers
contented, and that they are kept employed
as fully as is possible under the circumstances.
The children as they arrive at suitable age are
sent to Indian schools at Carlise and Hampton
and last summer tUme charitable and kind
people asked permission to serd two teacher
to those Indians for the purpose of instructing
the adults as well as such children as should
be found there. Such permission was readily
given, accommodations were provided for the
teachers ar d some portions OF the buildings al
the barracks were made available TO- this pur
pose. The good work contemplate d has beer
commenced and the teachers engaged are paid
BY the ladies with whom this plan originated
| am not at sll in sympathy with those benev
olent but injudic1ous people who are constantly
insisting that these Indians should be returned
to the reservation. Their removal was an alb
soute necessity If the lives and property OF cit
liens of the frontier to be at all req arded by
] the Government. Their continued restraint a.
e q distance from the scene af their repeated and
cruel murders and outr ges is still necessary
furious which prompts the desire to see those
!. savages returned to their old haunts. They art
S in their present location as the result of the
e best judgment of those having official responsi
bility in the matter, who are by no means lack
e ing in kim consideration for the Indians.
; number of these prisoners have forfeited theil
9 lives to outraged law and humanity, and ex
+ per ence has proven that they are dangerou
s. and cannot be trusted This is true not onl,
a of those on the warpath have heretofore beef
/ actually guilty Of atrocious murders, but o
their kindred and friends, who. while they re
NAMED upon their reservations, furnished ait
and comfort to those absent with bloody intent
e kept in restraint far from the locality of thei
y former reservation. They should be subjecte,
! | to efforts calculated to lead to their improve
,, ment and to softening of their savage an,