The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1889-12-13
PRESIDENTS MESSAGE.
President Harrisons First Com
municatiOn to Congress.
a Review of Foreign and Domestic Affairs
as They Relate to the Welfare of
the Government and Hap
Piness of the People.

WAsHINGToN, Dec. Immediately
after the reading Of the journals of the
House and Senate to-day the COM
mittees appointed to wait on the Presi-
dent reported that they had performed
that duty and had been informed by the
President that he would communicate
with the two houses by a message in
writing. ThereupOn message from
the President was announced and its
reading proceeded, the following being
a synopsis:
tratiOn of the Government" says the Presi-
dent that are even temporarily held In the
confidence OF those charged with the con-
duct OF the public business. Every step
taken is under the observation of an inteiIi-
gent and Watchful people. The state of the
Union is known frotn day to day, and Sug-
gestiOns as to needed legislation find an
carrier voice than that Wnlch speaks IN these
annual communications of the President to
Congress.
Proceeding, the President Gays that good
Will and COrdiality have characterized our
relations and correspondence with other
governments, and the year just closed leaves
few International questions of Importance
remaining unadiusted. No obstacle is he
consideration and adjustment of the still,
pending questions upon satisfactory and
honorable terms.
ALL AMERICANS
It Is a matter of high significance, and no
less OF cOngratulatiOn, that the first year
OF the second century of our constitutional
existence finds, as honored guests within
our borders, the representatives OF all the in
dependent States of North and South Amer
lea, met together in earnest conference
touching the best methods of perpetuating
and expanding the relations of mutual in
terest and frtendliucss.
EQUAL DIPLOMATIC DIFFERENTIATION.
It is recommended that we send ministers
plenipotentiary to all South American coun-
tries sustaining diplomatic relations with
the United States. All other countries send
ministers of this grade to us. In Paraguay,
Uruguay and Bolivia we are represented only
by resident ministers. This is not consid-
ered JuQlClOuS in view OF our relations with
these countries. Hawaii and Hayti, the
President thilks, should receive similar
treatment, and be invited to participate in
the present international congress.
THE CHINESE QUESTION.
The Chinese question is handled guardedly,
but with due regard to the rights of those of
the race already mere, ana the maintenance
of friendly feeling between this country and
TO the senate. The President hopes the Can
adian difficulties can be adjusted without
trouble. The President wants boundary
lines in narrow channels of the waters join
ing the great lakes so marked as to be viSi bic
to the naked eve and thinks that the extra
dltlOn treaty between us and Great Britain
should be made more sweeping in scope.
Such a treaty will soon be submitted.
We want more friendly relations with
Cuba and Porto Rico. We are not settling
Spanish claims very fast. American railway
builders i'm Peru and Portugal whose prop.
erty has been seized by those governments
must be protected The Nicaragua canal is
al right thanks to the amicable adjustment
between Nicaragua and Costa Rica.
ABoLIsHINa THE SLAVE TRADE,
America is to take part in the Information
al Congress which convened in the city of
ish the slave trade in Africa. We are on
friendly terms with Germany. We cOntem-
plate with satisfaction Japan's progress, but
judicial rights in COrCa must be established.
We are on friendly terms with Persia, but
IN Turkey things need adjusting. In France,
Vfn1u 1fra1
ican citizens find things "a trifie mixed. This
VIII have to be adjusted. Our relations with
the new government of Brazil are cordial.
OUR REVENUES AND ExPENDITUREs.
The aggregate receipts from all sources for
the year were S3S7, ,05O O5S.St, divided as fol-
lows: From customs, S223, ,S82 74t.6S; from in
neOus sources, So, ,335, ,S0323.
The ordinary expenditures for the same
period we're S2S1 .996. .6t560, and the total cX-
penditures, including the sinking fund, were
SS29579,9 ,929.25. The excess Of receipts over
expenditures was, after providing for the
sinking fund, S57,45O, ,i2959
For the current fiscal year the total reve-
nues, actual and estimated, are 100000
and the ordinary expenditures, actual and
estimated, are 293,OOO,OOO, mixing with the
sinking fund, total expenditure of S34l 321,-
1859, leaving an estimated surplus of Si3,-
67s, ,SS3.OI.
THE SURPLUS.
''The existence of 50 large an actual and
anticipated surplus should have the imme-
diate attention of Congress, with a view to
reducing the receipts of the treasury to the
7
be" saws the President cit has called into
use eNpediCnts for putting it into circulation
not collect revenue for the purpose of an
ticipating our bonds beyond the require
public funds to the banks without interest
upon the security of Government bonds, /
regard as an unauthorized and dangerous
unnatural Increase of the banking capital
Of favored localities, aud compels "a cautious
and gradual recall Of the deposits to avoid
injury TO the commercial interests. It is not
TO be expected that the banks having these
deposits will sell their bonds to the treasury
so long as the present highly beneficial ar
rangement is continued. They now prac-
tic0lly get interest both upon the bonds and
their proceeds.
The deposits now outstanding should be
gradually Withdrawn and applied to the
purchase of bonds.
TARIFF REVISION RECOMMENDED.
''I recommend a revision of our tariff law,
both i'm its administrative features and in the
schedules. Some disturbance of business
may perhaps result from consideration of
this subject by Congress, but this temporary
ill effect will be reduced TO the minimum by
prompt action ana the assurance Whlch
changes will be so made as not TO
impair the just and reasonable protection OF
oug home industries. The inequalities ot
the law should be adjusted, but the protect
i've principle should be maintained and lair
ly applied to the products of our farms as
we'll as our shoTS. These duties necessarily
have relation to other things besides the
,,ublif revenues. We can not limit their ef-
fects by fixing our eyes on the public treas
urv alone. They have direct relation to
homo production, to work, TO wages and TO
the commercial Independence of our coun-
try and the wise and patriotic legislator
should enlarge the field of his vision to in
ciudo all of these.
ssThe free list can very safely be extended
by placing thereon articles that do not offer
Injurious competitor TO such domestic prod
ucts as our home labor can supply" the
President saws "The removal of the inter
nal tax on tobacco would relieve an impor-
tant agricultural product from a burden
which was imposed only because our rev
enue from customs duties was insufficient
for the public needs. II safe provision
against fraud can be devised the removal OF
are tax upon spirits used in the arts and in
Manufacture would also offer an unObJec-
tsonable method of reducing the surplus.
AIDING BANK CIRCULATION.
ssrbe amount Of National bank notes in
oircul alton has decreased since the year ISIS
sra l0q 20 of which SSf,l99,tl9 is charge able
- the last wear. IL is probable the adoption
~ fhe surIrestions made by the Comptroller
~ tbe Currency. viz: That the minimum
dpDos{t az bonds for the establishment OF
6ebls he reduced. and that an issue OF notes
~ the mar value Of the bonds be allowed
,-ould helm to maintain the bank circulation
re bFle This withdrawal Of bank notes has
LScr Going on there has been "a large in
,rease in the amount OF gold and silver coin
IN circuiation and I'm the issue OF gold and
silver certificates
THE SILVER QUESTION.
..Ar,fther the urcscnG secretary nor any OF
al sal q a.