The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1889-12-06

offers substantial advantage. The loan
/ ing 81 public funds TO the banks without inter
es,: is''n 10" s""sri,s - sc.s-ar1 81. hcaas.
rchaN az on UNAUTHORIZED and dangerous ex
| pedienl No further use should be made o.
TINS method Of getting the surplus into elrcula
tiou.,phd the deposits now outstanding should
be ersdually Withdrawn and applied to the puf
chase OF bonds Such Legislation should bs
ptYhpuy, but very CONSIDERABLY enacted
lIeeommend revision OF our tariif law, bot1
IN W. administration features and In the sohed
ulea Uniformity Of valuation at all our ports
Is eesenlial, and effective measures should bc
iaAeA TO secure H. II Is equally Desirable that
qucsuons aneciing rates ana classincstons
shoule be promptly decided.
I'll preparation OF a new schedule Of customs
duues j. a matter Of great doucaey because OF
rs en,et upon the business Of the country. o,
grew difficulty by reason OF the wide diver.
gencs 81 opinion rs 10 the objects that may be
pfommed by such legislation Some disturb
aper " bushes. may perhaps result from cor.
tnofaion Of this subject by Congress, but this
tst1pohry ~ eject viii ne reduced TO a MIN.
imih y the prompt actiou and the assurance
whiep ne country enjoys that any necessary
just ~ reasonable protection OF our home In
DUST Is. The Inequalities OF the law should b
adiY 4 hui the protective system should b,
FnesS nsd, and fairly applied 10 the Product,
OF our arms az VET ns our shops. These duties
necessarily have relations 10 other things
besides TIE public revenue. We can not limit
their effect by hXing our eyes on the public
treasury alone They have direct relation "a
home production 20 work. 10 wages and 20 the
commercial Independence OF our country and the
wise and patriO1ic legislator should enlarge the
field OF his vision 20 Include all Of these ends
The necessary reduction n ctr public rcyeEues
can am sure 10 made without making the
smeller burden more onerols than the larger by
reason OF the disabilities and limitations which
the process Of reduction puts upon both capital
and labor The free list can be yery safely eK
tended by placing thereon articles that do not
offer injurious competition 10 such domestic
products % our home labor csa supply.
The removal OF internal reyeaue upon tobacco
would relieve an important agricultural pro-
duct from a burden which was imposed only be.
cause our revenue from customs duties was In.
suiicient for tho public needs.
n safe provision against fraud can be de.
viscd, the removal OF the tar upon spirits used
IN the arts and IN manufactures would also o1et
On unobjoetionAble method OF reducing the
surplus
Il appears that the amount OF national banl,
notes IN circulation has decreased since 1875
tii 100 40 OF which s37 5o9 20 IS eharceablo TO
the last year. The total amount u money Of
all kinds in circulation on March J, lSTS. was
go. 7g3 500, while on October I. 1880 The total
was 81, 405 0isOo There was an increase OF
t293, fl7, 5j3 in gold coin. Of Sj751t, 100 in
standard silver dollars, Of 81, 81 $40 m gold
certificates of G76,6l9,7lS in SILVER
certificates aud Of sD.OT37s7 in
U. 5. notes making s7lso7s iOa There was
during the same period "A decrease Of s4 o..
72s In bank circulation and OF tif2 isl in sub
sidiary silver. The net increase was $50 ga /.
1913 The circulation per capita has increased
about s5 during the time covered by the table
referred TO.
The total coinage OF silver dollars was. on
November I, 1859, E3i3 G1s,O0 of which S.S3,-
5S9 i2i were In the treasury wants and 90 09S,
40 were in circulation or the amount In the
vaults, Az, 3ia9i were represented by out
standing SILVER certificates leaving &c 2la5I7
not in circulation and not represented by Ger
iiaeataa
The law requiring the purchase by the treas.
uTy OF t2,oOJ0DO worth OF silver bullion each
month, 20 ne coined into silver dollars OF 4l2tS
grains, has been observed by the department
but neither the present secretary nor any Of
his predecessors have deeme It safe TO exer-
else The discretion given by Law to Increase the
monthly purchase to AoOOO)O When the law
was enacted t'eb 2s, ;s1sj the price OF silver
In the market was ST. 20 20 per ounce making
the bullion vaiss OF the dollar a3c Since that
time the pr'ss has iNusn low e,a per-
ounce reducing the bullion valpet Of the
dollar 20 20 6c witbln the last few months
the market price has somewhat advanced, and
on Tho nrst day or November last
the bullion value OF the silver dollar
was &c Tho evil auticipatious which
have accompanied the coinage AMI use OF the
SILVER dollar have not been realized As coin
II has not had general use. and the public treas.
ury has been compelled 10 store IT, But this is
owing 70 the fact that It's paper rep
rescntatiye Is more convenient think II is
clear that II we should make coinage OF silver
az present rate free we must expect the Il fer
enoe 10 bullion values Of the gold and silver dol
l--s viii 10 taLan account Of IN onmmarriai
transactions and fear tho same result would
follow any considerable increase Of the present
rate Of coinage Such result would be dis
creditsble to our financial management and dis.
lstrous TO all business interests We should not
tread tho dangerous edge OF such q peril.
ANY safe legislation upon this subject nust
secure tho equality Of the two coins In their
uses. ! have always been an advo-
,ste 81 he use Of silver IN our currency. The
ycuera, plan suggested by the Secretary OF the
Treasury seems 10 satisfy the purpose-to con
inue The use OF silver in connection with our
'nrrency and at the same time TO obviate the
tango Of which have spoken.
Tho enforcement OF the Chinese exclusion
ltN mas OtfU lNNIlA 70 bF NflN NlNiNhiA On Nif
NORTH western frontier Cinnamon landing at
rictoril ind It easy 10 pass our border owing
q TIE imposSr NY with the force at the com
nand Of the customs oticers, OF guarding SO
ong an inland line. Tho Secretary Of the Treas
Try has authorized the employment OF add.
iona officers who will be assigned 20 this
iuty. aud every clort will be made TO enforce
he law.
tThc message here states that refuge station
or revenue vessels engaged In protecting seals
las been successfully established at ~. Bar
oW
Judged by modern standards we are practi.
ally without coast defouscs. Many OF tho
trurtnres We have would enhance rather than
mir sh the perl OF their garrison n subjected
o the lire Of Improved guns, and very few are
O located a. 20 give full eject 10 the greater
angc Of such guns as wo are nov making !or
oaSt defense uses.
The security Of our coast elites against for
ign attack should not rest altogether In the
riendiy disposition OF other nanons Tnere
hou.d be a second line wholly In our own keep
,g 1 very urgcntly recommend an appropn.
ton a. this session for tho constructions Of
och works q our most exposed harbori
anpf0se The suggestion OF the Secretary
{ War that provision be made for encamping
ompanies Of the National Guards in our coast
oriSs Tor specified time each year, aud for
nCtr tfuintng N tue use ~ uVnNN guns. Ills
digestion that an Increase OF the artillery
,rco OF the army Is deslrabis Is also in this
commended 10 the consideration OF
onWess
The improvement Of our important rivers and
lrbors should De promoted by the necessary
The assault made by David 8 Terry upon the
'rson OF Jus ice Field. and the ki ing Of the
sal ant by Deputy y 5 Marshal IN conneo.
on with tie legal proceodin which have
lowed, suggest questions which IN my ludg-
ent are worthy OF tho attention OF Congress.
I recommend that more definite provision be
ade by law, not only for the protection OF fed
al onncers, but for a full trial OF such cases in
"a u. Courts The duty OF protecting It's
ncers as such, and OF punishng those who as.
ut them on account OF their ofiCial acts
ould not be deyolyed expressly or by ac-
Ilescence upon the local authorizes.
Events, which have been brought TO my at |
nton, happening In other parts OF the coun.
Y have also suggested the property OF ex.
nding, by legislation, fuller protection TO |
ose who may be called as witnesses in the |
urts OF the Untted States
The President recommends some uterine.
ate court havlng dnal appellate Jurisdiction |
certain classes OF eases, as a means OF assist. |
g In the disposal OF U, 8 Supreme Court bus. !
rss
The salaries OF the Judges OF the district |
urts In many OF the districts are IN my iudg. /
ont inadequate. recommend that all such |
aries nov below t5 900 per annum be luereAs.
10 that amount
Earnest attention should be given by Congress
"A usinRrAIiOn "a A hn "a "a