The Magnolia gazette. [volume] (Magnolia, Miss.) 1872-current, 1889-12-14

rris e T. uu-~- ~ .t-scr vrrr-.
,.cr. 'esynS sg2i9657 not In circula'Ln anc
81 nj tess uted 10y certificates.
4 l,tltw requiring the purchase by Tho trca.,
r, ~ tHaiua.inn dollnrs worth Of -iver button
.,A mouth to he coined into silver dullars ot
4 arr hundred ann twelve and oue-hsf grains
, ic,u observed by the department but
4 .b. SIC rresCn. secretary nor ans 81 his pro
lace.t, has deemed It safe 10 exercise tue dis.
retiH iyen ~ tic law to increa the monthly
Ereas5c 20 iour million dollara.
t4fH vNLuE on THE SILVER DOLLAR
~ the law was enacted Feb. 2s 1878 the
4 t.a. ~ sivgr n the market was SL2U i-1o per
ilncc. ma liking the bullion value u the dollar 70
N, since TINT time the price has fallen IS
j tw at .i.2 ocutl per ounce reducing the bullion
+ ,..;r of the dollar to 700 cents. Within the
i4-t ieN months the market price has somewhat
4 tGv9ncod On the ist day Of November last the
bu,Ean value u the silver dollar was n cents
:he evil anticipations which have accompanied
the coinage and use Of the liver doriar have no,
been realized. AS coin il has not
had general use, and the public treasury has
Lccn compelled to store It, bot this u manifsstv
q nig to tnciact tnat its paper representative
more convenient The general acceptance ant
ii . oi the SILVER certificate show that silver ha
.-a. been otherwise discredited Some faYora.
Die conditions have contributed 70 maintain thli
practical equality in their commercial use be.
tween sod and silver dollars. But some Of theHt
age tr.de conditions that statuatory enactmcnu
da not control, and the continuance Of which We
unut be certain.
think IL Is clear that, If we should make the
aanu.sr 0f silver, at the present ratio free. We
r,u-t cXlect that the difference in the bullion
values IL the gold and silver dollars will be taken
accouni Of ia commercial transactions. and
iga. the same result would follow any consider.
lb,e ucrcase of the present rate Of coinage. Such
&, result would be discreditable TO uur financial
management and disastrous to all business inter.
A. rr gftTn NOT nd hn Iar4fr r.ttsa
case Of such a perili and
h.dced, nothing more harmful
e3ud happen TO the silver interests. Any safe
legislation upon this subject must secure tho
egHs.ty of the two coins in their commercial
Usts
have always bcen an advocate of the use Of
Ff,ycr IL ouf currency. We are large producers
@. thit metal and .hould not discrcdlt 1t. To
Tie plan witch will he nFesentedby the secretary
d.. thc treasury FOR the Issuance 0f notes or GER
tl Aiea Upon the deposit Of silver bullion at us
isirhat value, have been able 10 give ohiy
lasty examination, owing 10 the
rre-s Of other matters and 10 the fact
hlt it has been so recently formulated. The
~ ttils oi such q Law require careful consldera-
ip lut the general plan suggested by HIM
seoins Go satisfy the purpose to continue the uso
ll tt,ier ia connection with our currency ana
a. ho same time to obyiate the danger Of which
IhNo rol.en At later day may conmuni-
rst iufthrr with congress on this subject
, TIE rcuiNEsE QUESTION.
I.le enforcement Of the Chinese exclusion act
h7 been found to be very difficult on
the northwestern frontier Cinnamon, landing
Il; Nietotfa, nnd it easy TO pass our border owing
ta the mpossili.ity with the force ~ the com
ntaad II thr customs officers Of guarding ga long
and inland Linz. The secretary Of the treasury
ba authorized the employment of additional
: a..ceIs who viii be assigned 70 this duty ans
eE ~ effort wi be made to enforce tho law me
I, 5.3uininn cXaets head tax Of hfty dollars inr
( aah Chinatuan landed and when these persons
ln traud uf our law, cross into our territory
. snl are apirehendod our officers do not
hupw what "a do with them, as the dominion
!, aH.horli,s VII not suffer them @ he sent back
" without a second payhent Of the tax An effort
Wi' be made to reach understanding that
: II remove this difficulty.
Ihe proclamation required by section OF thS
! act oi March q 1870. relating to the killing oi
y seals and other fur-hearing animals, was ISSUED
!, Ly lne on the 2lst day Of March, and revenue
y veaael was dispatched TO enforce the laws ant
u protect tie Interests Of the United states.
y Tie cst,bll3hment Of refugee station at Pon
i.rrow, az directed by congress, was success
= III. accomplished
y 80 COAST pEFENsEs.
Judged by mndern standards, we are pract
y caly without coast deienses. Many OF th'
y ttrnctur2s we have would enhance rather thar
y diminish tile pers of their garTisons If sub
- itc.ed e. the fire Of Improved guns, and YER
~ NV arc 50 located as to give fun effect to III
!, greater range oi sueh guns as We arc now max
:" ing for coz defence uses. This general suhJec
y hats had consideration in congress for som
I! w n. and the appropriation for the construc
" ti0n OF L,ree rifed guns made year age
= was, / am sure, the expression Of
j, ptgchsse 10 provide -uisalle works in bhic
y these guns might be mounted
N appropriation now made for that pufpos
- would not advance the completion Of the work
beyond orr ability to supply them With fairy ei
= foctiyC guns The security Of our coast cite
r against for ign attack should not rest altogethe
- ih the friendly disposition Of other nation
r There fhulud be q second line wholly in our 0s
- keeplhg. very urgently recommend an appr'
K Triatun At this session for the ebistructiun
'' sTo.i works in our most exposed harbors.
:" lHTIr9ye the suggestion Of the secretary
v..r that provision be made for encampIlg con
e raniss Of the national guard in our coast Vorl
e for specified time each year, and Tor the
~ ~ training IN the use Of heavy guns. His sugge
i,nn that increase Of the artillery force Of u
-, - army Ia desirable, IL also, ia this conheEtio
II commended q the consideration % congrcsA.
RIVERS AND HARBoKs
Pic Improvement Of our important rivers 81
harburs should be promoted by the necessary .,
Preparations. Care should be taken that u
- government Is not committed to the prosecugic
~ Of works not Of public and general advaniai
and that the relative usefulness Of works Of III
class is not overlooked. So far as this work ca
- ever be said 10 be completed, do not doubt tn
ps the end would be sooner and more economical
~ reached if fewer separate s.orks were unde
io' taken at the came time and those selected &
=. their greater general interest more rapid
pushed 70 completion. a work once conside
ably began should not be subjected 70 the rid
:, and deterioration which interrupted insun
-. ccnt appropriations necessarily occasion.
M THE ASSAULT or JrDoE FIELD.
.on The assault made by David 8. Terry upon Il
u person Of Justice Field Of the supreme court
the United States at Lathrop, California,
es- August last and the killing Of the assaant by
is deputy United States marshal, who had be-
lns deputed to accompany Justice Field and to pr
hat tect him from anticipated violence at the han
sh- Of Terry in connection with the legal procee
of ings which have followed, suggest queatiO
ed which In my judgment are worthy Of the atte
on tion Of congress. / recommend that more de
has mite provision be made by Law, not on
in for tho protection Of Federal oiicel
ion hut for full trial Of SUI
-cs. casc5 IN the United States court In recor
mending such legislation, do not at all impeal
dr- either the general adequacy Of the proyisi'
lile made y tile state laws for the protection Of
10o citizen. tho general good disposition Of tho
in charged with the execution Of such laws 70 81
H. protection to the officers Of the United Stat
sill The duty Of protecting its officers such, al
ted Of Furnishing those who assault them on aeeou
900 Of their official acts, should not be devolved e
Of rressly by acquiesceAce upon the local authc
in ties.
99,- PROJECTION OF wITsEssRs.
has Events which have been brought 10 my atte