The enterprise. [volume] (Wellington, Ohio) 188?-1899, 1889-12-04


by reason OF the disabilities and limitations
which the process Of reduction puts upon both
capital and labor The free list can very safely
be extended by placing thereon articles that do
not offer inturlous ouaipctitiOn 70 such domestic
products ~ Olnh homei labor can snp1lg me 10,
moval OF Tho internal lux on tobacco would re-
lieve an inporIant agficultural product ffona
burden which Wus imposed only DoUlu6e our
revenue from custom: duties was insufiolont for
the public needs II safe provision against fraud
can be devised, the removal OF the tax upon
spirits, used 10 the arts Hnd IN, .mannfpctures
would also oferA ppph iorh bl blept ~ ID efre
dpsits ssSis 5Ss pressa DSsSs q N J, N
Treasury, showing the amount of money o. al
kinds IN circulation each year from i678 % the
present time Is of Interest. II appenrl that the
amount Of national bank notes IN circubtion
has decreased during that period i,los ~ o.
which tS7,7pQ 900 Is chargeabie 70 the lnstlycBr.
The withdrawal OF bank circulation win icoon-
sarily continue under existing conditions. II y
probable that tho adoption OF suggestions fnsde
the minimum deposit Of bonds for tie establis 4
mont OF banks be reduced, and that nnIiS.,t
OF notes 70 tho par value Of the bond be nlIowed
would help to maintain the bank circulation,
but while this withdrawal OF bank notes has
the amount Of gold and silver coin In circulation
and In the issues Of gold and silver certificates.
The Total amount of.nqnag u slln nkindsjneir-
culation on March l. ios1 wes SO, 20, WINE
SP %s.Es RsiSRs 4 s isssIaSs i iRtr s sSia
coin, Of 81, ,b54 100 In standard silver dollars, OF
y z gSa SsEtca.sS q sss ,S .si1
ssDss ne SG'ss Sse Rsg sss saS sfs SsaSS
SlifiOe7aa inbspk oifs latiepg and Of siie tsi IN
subsidiary silver The net incroNe Fas
t10o0o ,iS8. The circulation per oapita was
increased Z az spGg, ys S0lsT snEIH re Il.
are ~ 'ailver dollarN wns on November1N n tlf4Q
,aSssooi M a VaTs ~ WHOM s1S ssi were n ne
treasury yaults and $50 098, 30 were N cifcalA
ton oi the snopat in ,hs vaults ss77 slpsh
cates leaving q, $40 s77 not IN niruplnfion land
not represented BY certificates. ~. gf..... ~.
The law requiring The purchase BY the treas
ury Of two million dollars Worth Of silver bul.
lion each month, 70 oe coined into silver dollars
observed by the department; but neIthcr the
present SECRETARY nor any OF his nnredecaagors
has deemed II safe, 70 exercise the discretiun
given by law 70 increase the mouthiy pur-
was enacted (FebrusSy & 1873, the price
Of silver IN the market was u ~ 4ll0p1f ounce,
making the bullion value OF tho dollar % cents.
Since that time the price has fallen as lowa as
Soss esns na sTe iSs s%
months the market price Fhs eomsrhatl I'D.
vanced, and on the first dsy OF November last
the bolllon value OF the silver dollar was ~
cents. TheeYil anticipationsw which hare secem;
panied the coinage and use OF the silver dollar
have not been roalized.i As n coin Il has not
had general use, and the public treasury has
been compelled 20 store T., But. this NJ mani
festly owing 70 the fact that Us represent
attve tsmore convonient The general accept.
ance and use OF the silver certificate show thai
slivefhas not been otherwise discredIted Some
favorable cOnditions have contributed 70 main
tain this practical equality IN their commercial
use, between the gold and silver dolinrA But
81 a.. AZ hat
tory enactments do not control, and OF the
/ think il is clear that II We should make coin.
age OF silver atpresent ratio free, We must ex.
and silver dollars viii be taken account Of In
commercial transactions, and fear The samere..
suit would follow any considerable increase OF
present rate OF coinage. Snch aresult Wonld be
discredltable 70 our financial management and
not not trend the dangerous edge of such q
peril, and, indeed nothing more harmful
could happen 10 the silver interests. Any safe
Legislation upon this subject must secure the
equality Of the two coins IN their commercial
uses | hnve always been an advocate OF the
use OF silver in our currency. We are large
pfoducors Of that metal and should not dlscredt
II TO the plan which win be presented hy the
Secretary of trs Treasury for The issuance Of
notes or certificates upon the depost OF silver
bullion at lis market value. have boen eblc 10
give only hlsty examination owing 70 the
press OF other matters and 70 the fact
that Il has been so recently formulated. The
details OF such alaw require careful considera-
tion. but the general plan suggested BY him
seems 70 satisfy the purpose 10 continue the
use OF silver IN connection with our currency and
at the same tImo 70 obviate the danger Of which
Ihave spoken. AZ laterd may commpni-
The enforcement OF the Chinese Exclusion act
has been found 10 be very dificult on the North
western frontier Chinnmen landing at Victoria
ind II easy 70 pass our border, owing 70 the i'm
possibility with the force at command of the Gus
toms officers Of guarding so long IN inland line.
me Secretary OF the Treasury has authorized
the employment OF additional Officers, who will
be assigned 10 this duty, and every effort will be
made 20 enforce the law. The Dominion exacts
q head tax OF $50 for each ChinHman landed, and
when these persons In fraud OF our law, cross In
TO our territory and are apprehended, our officers
do not know what TO do with them, as the
Dominion authorities will not sutior them 70 be
sent back without second payment OF tho tax.
An effort will be made 70 reach an understand
ing that win remove this difticllty. LII ~
The proclamation required by Section 5 OF the
act OF March 2, 1889, relating 10 the killing Of
seals and other fur bearing animals, was issued
by me on March q, and revenue vessel wes
dispatched 10 enforce the laws and protect the
interests OF the United States. The establish
ment OF q refuge station at Point Barrow, as
directed by Congress, was successfully accom-
plshed.
cally without coast defences. Many OF the
structures we have would enhance rather than
diminish the peril OF the garrison II subjected 10
the FIRE OF improved guns, and very few ore 80
located as 10 give full eject 70 the greater range
Of such guns as we are now making for coast
defense uses. This general subject has
had consideration In Congress for some
years and the appropriation for the con
struction Of large rihed guns, made one
purpose 70 provide suitable works In which
those guns might be mounted. An appropria-
ton now made for that purpose would not nd
vance the compilation Of the works beyond our
ability 70 supply them with fairly effective guns.
The security Of our coast cities against foreign
attack should not rest altogether IN the friendly
disposition Of other nations. There should be q
decond line, wholly In our own keeping. I very
gen eco Sn SppIopScn p ss tnls Is
our most exposed harbors. approve the sugges-
ton OF the Secretary OF War that provision be
made for encanping' companies OF the National
Guard IN our coast works for specified time
each year and for thoir training and In the use
of heavy guns. This suggestion that an In
crease Of the artillery force OF the army is do
srabie, Is Also commended 70 the consideration
The Improvement Of our important rivers and
hafbors should be prompted by the necessary
appropriations, Care should be taken that the
Government II not committed 10 the aprosecu-
tion OF works not OF public and general advan-
tage, ana thhl tho relatlVe useiulness OF work1
Of thnt class Is not overlooked. 1 do mot doubt
that the end would DO sooner and more eco
nomioally reached II fewer separate works were
Undertaken nt the same time. and those selected
for their greater general interest were moro
rapidly pushed 70 completion A work once con
siderably begun should not be subjected 20 tho
risk and deterioration which interrupted or In
sufficient appropriations necessarily occasion!
The assault by David g. Terry upon the por-
son OF Justice Field, OF the Supreme Court OF
the United States, ut Lathrop, Cal, In August
United States marshal who had been deputed
70 accompany Justice Field and 70 protect him
from anticipated violence at the hands OF Terry,
IN nconnection with the legal proceedings which
have followed, suggest questions which in
Congress- n recommend that more dennite.
pfoyisinn be made By law, not only
for the protection of federal oficsrs but
fof "a full trial fon sueh cases IN. the uuitcd