The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1889-12-05
gr0ands Of compliant, IN West rndas ports.


affecting American interests in connection with
railways constructed and operated 10y our clti-
zens in Peru have claimed the attention OF this
government. 1t is urged that other governments,
in pres sing Peru to the paying OF the claims,
have disregarded the property rights of Ameri-
can citizens. The matter will be carefully in
vestigated with view to securing proper
and equitable adjustment.
A similar issue is now pending with Portugal.
The Delagoa Bay Railroad IN Africa was con-
structed under q concession by Portugal to
American citizen When nearly completed the
road was seized by the agents of the Portuguese
Government. Formal protests have been made
through our minister at Lisbon against this act,
and proper effort will be spared to secure
proper relief.
In pursuance of the charter granted by Con-
gress and under the terms of it's contract with
the Government of Nicaragua, the Interoceanic
Canal Company has begun the construction of
the important waterway between the two
oceans which it's organization contemplates.
This Government has held itself ready to pro-
mote in every proper way the adjustment of all
questions that might present obstacles to the
completion of O. work of such transcendent i'm
portance to the commerce of this country, and,
indeed, to the commercial interests OF the
world
The traditional good feeling between this
country and the French republic has received
additional testimony in the participation OF
our Government and people in the lnterna-
tionaI Exposition at Paris during the past
Summer. The success OF our exhibitors has
been gratifying. The report of the commission
win be laid before Congress in due season.
This Government has accepted, under proper
reserve as to it's policy in foreign territories, the
invitation of the Government OF Belgium to
| take part in an international congress, which
| opened at Brussels on the 10th of November, for
the purpose of devising measures to promote the
abolition of the slave trade in Africa and to
prevent the shipment Of slaves by Our in
terest in the extinction of this crime aga1ns
humanity, i'll the regions where 1T yet survives,
has been increased by the results of emancipa-
tion within our own borders.
With Germany the most cordial relations
1o thp fC
the Empire of Germans naturalzed in this coun-
try are considered and disposed of in O. temper
ate spirit to the entire satisfaction OF both Gov
ernMemts.
It is a source of great satisfaction that the in
ternal disturbances of the Republic of Hayti are
at last happily ended and that an apparently
staple government has been constituted 1t has
been duly recognized by the United States.
Japan.
The advancement of the Empire of Japan has
been evidenced by the recent PRONUNCIATION of a
new Constitution, containing valuable guaran-
tees of liberty, and providing for a responsible
Ministry to conduct the Government
Itis earnestly recommended that our judicial
rights and processes in Corea be established on
| q firm basis, by providing the machinery neces-
sary to carry out the treaty stdpulations in that
regard.
Questions continwe to arise in our relations
with several countries i'm respect to the rights
of naturalized citizens Especially is this the
cease with France, Italy, Russia and Turkey, and
tosa less extent with Switzerland. From time
to time earnest efforts have been made to regu-
late this subject by conventions with those
countries. An improper use of naturalization
| should not be permitted, but ut is most import
ant that those who have been duly naturalzed
should everywhere be accorded recognition of
the rights pertaining to the citizenship of the
country of their adoption 1t is advisable that
the difficulties which arise in our relations
| with other countries ON the same subject should
he similarly adjusted.
The recent revolution lin Brazil in favor of the
establishment of republican form of govern
nlent is event of great interest to the United
States. Our Minister at Rio de Janeiro was at
at once instructed 80 maintain friendly diplo-
matte relations with the Provisional Govern
ment, and the Brazilian representatives at this
capital were instructed by the Provincial Gov
eminent to continue their functions. Our
friendly intercourse with Brazil has, therefore,
suffered no interruption. Our Minister has
been further instructed to extend on the part OF
this Government 81 formal and cordial r6oOgnI-
tion of the new republicas soon as the ma ordty
of the people dasve signifed their assent to its
establishment and maintenance.
Affairs at Home.
Within our own borders a general condition
OF prosperity Ir-eveils. The harvests of the last
summer were exceptionally abundant, and the
trade conditions now prevailing seem to prom
Use successful season to the merchant and the
manufactures, and general employment to our
working people.
The report of the Secretary of the Treasury
has been prepared and will be presented to
Congress. 1t presents with clearness the fiscal
operations of the Government, and l avail nay
self of it to obtain some facts for use here.
The aggregate receipts from all sources for
the year were 1887 $50 058 "a, derived follows
From customs, 1928, S32, 41.69 from internal
revenue, $13O, 981 1892; from miscellaneous
sources, $32 1886, SOB %.
The ordinary expenditures for the same
period We're $2S1 1886, $780, and the total ex-
penditures, including the sinking fund, were
1895, SIS, 929.25 The excess of receipts over
penditures was, after providing for the sinking
fund, $57 470,12 ESQ.
For the current fiscal wear the total revenues
actual and estimated are 1886 900 900, and the
ordinary expenditures, actual and estimated,
$685. 900 200, maxi ng, with the sinking fund,
a total expenditure of 34l 321 116 49, leaving an
estimated surplustOf $483 678, 8S3M
The revenues for the fiscal year ending June
80 1891 are estimated by the Treasury Depart
ment at 1886 600, 000 and the expenditures for
the same period, including the sinking fund. at
$341, 430, ALTO. This shows IAN estimated sur
plus for that year of 81, SOS, 236, which ds
more likely to beincreased than reduced when
the actual transactions are written up.
The existence of so large actual anG an
ticipated surplus should have the immediate
attention of Congress, with view to reducing
the receipts of the treasury to the needs of the
Government. The collection OF moneys not
needed for public uses imposes an unnecessary
iburden upon our people, and the presence of SO
large. surplus in fhe public vaults is q distunb-
ing element in the conduct of private business.
We should not COLLECT eyenue for the purpose
of anticipating our bonds, beyond the require
nlents of the sinking fund, but,any unappropni-
ated surplus in the ,hneasury should be SO used,
as there is no other lawful way of returning tine
money to circulation, and the profit realized by
the Government offers % substantial advantage.
The lloaning of public funds to the banks
without interest, upOnthe security of Govern
ment bonds, regard an unauthorized and
dangerous expedient. 1t results in a temporary
and unnatural increase of the banking capital
of favored localities and compels cautious
and gradual recall of the deposits to avoid in
jury TO the commercial interests. No further
use should be made of this method of getting
the surplus into circulation, and the deposits
outstanding should be gradually with
drawn and applied To the purchase of bonds.
Such legislation should he promptly but very
CONSIDERABLY, enacted
Tariff Revision Recommended.
/ recommend a revision@f our tariff law both
in it's administrative features and in the sched-
ules. The need of the former is genersllly con-
ceded, and an agreement upon the evils and in
conveniences to be remedied, and the best
methods for their correction, will probably not
be difficult. Uniformity of valuation at all our
ports is essential and effective measures
should be taken to secure it. 1t is equally de-
sirable that questions affecting sales and clas-
sifcations shoMld be promptly decided.
The preparation of new schedule of Gus
toms duties is q matter of great deicacy be-
cause of it's direct effect upon the business of
the country. Some disturbances of business may
perhaps result from the consideration of this
subject by Congress, but this temporary i'll
effect will be reduced to the minimum by
prompt action and by the assurance
which the country already enjoys that
any necessary changes will be so made