Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1889-12-06
PRESIDENTS MESSAGE.
4 Long DOCUMENT WELL
ABRIDGED

people know what their officials are do
Peace at home, friendly relations
abroad. Gil.
Thinks the conference with South
Americans good, not only because OF
commercial results, but on account OF
the better securities which may be de-
yi-ed for the maintenance OF peace
among American nations.
He notes that all the nations OF the
western hemisphere, with one exception
sent 10 Washington ENJOYS and minis
tiers Of the highest grade, while tle
United States sends ENJOYS OF lower
Grade. He recommends on our part a
uniform rank Of ministers.
"Our relations with China have the at
t.utiye consideration which their magnl-
tude and interest demand, The failure
Of The freaty negotiated under the admin
iytrotion of my predecessor for the JH-,
Her and more complete restrition o.
Chinese labor immigratidn, and io'h u
The LEGISLATION If the last session OF Con-
gress dependent thereon, leave some
6nestions upon which Congress should
now approach in that wise and JUST
shirt which should characterize the re-
| lations Of two great and friendly row,
ers. while our supreme interests demand
the exclusion Of a labOring element
which experience has shown TO be ll-
completc with our social life. All step,,
10 compass this imperative need shouiu
be accompanied with recognition OF tne
claims of those strangers now lawfully
onon0 ms 10 humane and just treatment.
The accession OF the young Emperor OF
China marks. we may hope, an era OF
progre,s and prosperity for the great
country over which he Is called to rule.
The present state OF affairs in respect 10
the Samoan Islands Is encouraging
Recommends more effective treaty
with China to restrict undue immlgra-
ton. , a.
Better extraditon laws between the
United States and Great Britain.
"Within our own borders general
condition of prosperity prevails. The
haryests Of the last summer were excep'
tionallv abundant, and the trade condl-
tions now prevailing seem to promise a
successful season to the merchant and
manufacturer, and general employment
to our working people
THE SURPLUS.
.'Thc existence Of so large an actual
and anticipated surplus should have the
Immediate attention OF Congress, with
view Of reducing the receipts OF the
Treasury TO the needs OF the Government
as closely as NAV be. The collection OF
monovs not needed for public uses I'm
poses an unnecessary burden upon ouI
pcople. and the presence OF so large q
surplus in the public vaults Is a disturb
ING element in the conduct OF private
business. 1t has called into use s1pedient'
for putting it into circulation OF very
questionable propriety. We should moi
collect revenues for this, anticipating
our bonds beyond the requirments o.
the sinking fund. but any appropriated
SURPLUS I'm the treasury should so be used
a. there il no other lawful way OF return
ing the money TO circulation, and Tho
proft recognized by the Government OF
! iers a substantial advantage. The loan
ing o. public funds to banks, without
interest. upon the security OF Govern
ment bonds, | regard "a an unauthorized
and dangerous eXpedient; II results IN :
temporary and unnatural increase OF th'
banking capital OF favored localities anC
compcls cautious and gradual recall o
the deposits to avoid injury to the com
rsercial interests. IL is not TO be expect
ed that the banks having these deposits
will sell their bonds to the Treasury Sc
long as the present highly beneficial ar
| ranrcmcnts is conducted. They now
practically get interest both upon th'
! bond. and their proceeds. No further
use should be made OF this method o.
getting the surplus into circulation, anC
! the deposits now outstanding shOnld Do
gradually Withdrawn and applied to th'
purchase Of bonds. 1t is fortunate tina
such a use can be made OF the existing
surplus. and for some time to come o.
any causal surplus that may exist. Aftel
| Congress has taken the necessary Gtepl
for n reduction OF the revenue, such leg
islaton should be promptly but vely
considerably enacted.
THE TARIFF.
81 recommend revision OF our tariff
law, both in its administrative features
and i'm the schedules. The need OF the
former is generally conceded, and al
agreement upon the evils and inconye-
niences to be remedied and the best
methods for their correction will proba-
Div not be difficult. Uniformity Of valu-
alton at all our ports is essential, and
effective measures should be taken "a
secure it. It is equally desirable that
questions Of freting rates and classitlca-
lions should be promptly decided.
"The preparation Of a new schedule OF
the customs duties is a matter OF great
delicacy because Of its direct effect upon
the business Of the country and Of great
difficulty by reason Of the wide diver
gence Of opinion as to the objects that
, may properly be prompted by such legis-
| latiOn. Some disturbance OF business may
perhaps result from the consideration OF
| this subject by Congress, but this tenn
DOrarv ill-efiect will be reduced TO the
minimum by prompt action and by the
assurance which the country already
enjoys that any necessary changes will
be 50 made as not to impare the Just and
reasonable protection Of our home In
dustries. The inequalities Of the law
should be adjusted, but the protective
principle should be maintained and
fairly applied to the products OF our
farms as we'll as OF our shops. These du-
ties necessarily have relation to other
things besides the public revenues. We
cannot limit their efforts by fixing our
eyes on the public treasury alone. They
have direct relation to home prOduc-
ton. to work, to wages and to the COM
mercial independence Of our country,
and the wise and patriotic legislator
should enlarge the field OF his vision to
include all Of these. The necessary
reduction in our public revenues can,
am sure, be made without making the
smaller burden more onerOus than the
larger BY reason OF the disabilities and
limitations which the process OF reduc-
ton puts upon both capital and labor.
TOBACCO TAX.
Onthis subject he says "no question
can be at rest except upon the prime
base Of justice and the law"
The suggestion on this question, so
vital to the people Of Virginia, will be
hailed with delight, and, il adOpted, will
70 far To settle the tariff Issue, which he
also recommends revision OF in its ad-
minisiraiive features andln the schedules.
W. regret he did not make positive