Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1889-12-07

long standing claims againSv the TG
public of Venezuela. and it is hope<
that satisfactory eoncl,sion will he ss,eetiil,
reached. This government has NOT hesitated I.
express its earnest desire that the boundary dis
pute now uend;pu bat,vean C.roat britain md Yer,
ezuela NAV he adjusted amicably and in strict oc
cordance with the historic title Of the narties
The advancement of the empire of Japan ha,
been evidenced by the recent promulgation of {
new constitution ,,,ntain;ye, valuable o,,arantie
of liberty and nrovidine, for = snonsihie ministr,
TO conduct tl,e yovarp,,art
II is earnestiv racommandad that oor ;udicia
rights and processes in Corea be established O,
a firm basis by providing the machinery neces
sary to carry out treaty stipulotions in that re
gard.
hefrendiiness OF the Persian government con
unues 70 DE SHOWN by its generous treatment O
Americans engaged In missionary labors, and py
the cordiai disposition OF the shah TO encourage
the enterprise of our citizens in the development
oil Persian resources.
A discussion Is in progress touching the Juris
dlctonal treaty rights of the United States II
Turkey. An earnest effort will be made to define
those rights to the satisfaction of both govern
ments.
Naturalized Citizens.
Questions continue to arise Ia our relations with
several countries In respect to the rights Of nat
uralized citizens. Especially Is this the with
France, Italy Russia and Turkey, and 70 less
extent with Switzerland From time to time
earnest efforts have been made to regulate this
subject by conventions with those countries. An
improper use Of naturalization should not be per
mitted, but it is most important that those who
have been duly naturalized should everywhere be
accorded recognition of the rights pertaining to
tne cttizenshlp OF the country OF their ADOPTION.
the appropriateness OF special conventions ior
that purpose Is recognized IN treaties which TINS
government mas concluded with number Of
cuIies WHICH no" arise IN our reunions WIN otnef
countries on the same subject should be similarly
"oJus'eo
The brazilian Revolution.
The recent revolution in Brazil in favor OF the
establishment of republican form of govern
ment is an event of great interest to the United
States Our minister at Rio de Janeiro was at
once instructed to maintain friendly diplomatic
relations with the provisional government, and
the brazinan representatives. at TINS capital were
instructed by the provisional government 10 con-
tinue their functions Our friendly intercourse
WIN brazil mas, therefore, SUFFERED no lnterrup-
uon.
Our minister mas oeen furtner instructed 70 ex.
tcn9 on ehe part OF inns government a iormai ana
800 nv u VIC ne" ~ soon Us
sienifIed their assent 10 it's estabjishment and
maintenance
Within our own borders a peneral condition of
Qcf
summer were excentionalIv abundant and the
trade conditions now preyailinp seem 10 nromise
a successful season 10 the p,erchant and the man
ufacturer and general employment To orr yvork
ing people
Our Financial Cond,.,cr
Tho raror+ q, ,ha so.ra,or,, =, 49, ,r..s e..
,ha al 80 a,.,;, 49,, - ,eoo 1 .oi
- - m ~ e 80 y ~ o' - 800 ~ Po
80 tel - ~. -, ~ -ons - a. p,o
ora-rroont - o,.a;, ',,,.a,s 20 =, =. siio
sop,o eaots To- zoo haro " O""
I'M, .r.,~-ar.a,S 80 ,.,ao,,s., f.o.,, ~,
go 80 esc1 o.o ose oa ii., ~ sa,,S ~ '"o
~o'N0''N"'''' Ne'i'e' % s.oao,'"
ol' oo<, - %
lolii ilise' "
Utoui ihisccaueous souices- o&9oo,ooo.@ 70
The ordinary expenditures for the same period
were Ssol so'ol3.ou, and the total expenditures,
including the sinking fund, were 1922 $40, rs.
Inc excess OF receipts over expenditures was,
after providing for the sinking fund, S5 so
For the current fiscal year the total revenues,
actual and estimated are $685., coo 600, and the
binary expenditures, actual and estimated, are
S293 100000 making with the sinking fund a
total expenditure OF S34l, S2l, 699. leaving an
estimated surplus OF S43,61 ,oSd0l
Purchase of Bonds.
During the fiscal year there was applied TO the
purchase of bonds, in addition to those for the
sinking fund, 500 49, 172 IS, and during the first
93777 all of which were credited to the sinking
fund. The revenues for the fiscal year ending
June 80 1891, are estimated by the treasury dc.
partmeut at 1886, 900 900, and the expenditures
for the same period, including the sinking fund
at $34l, 430, AZ 10 This shows an estimated sur.
plus for that year of S43 $50 52 30 which is more
likely to be increased than reduced when the
actual transactions are written up.
The existence of SO large an actual and antici-
pated surplus should have the immediate atten.
ton Of congress, with view to reducing the re-
cepts of the treasury to the needs of the govern
ment as closely as may be. The collection OF
moneys not needed for public uses imposes an
unnecessary burden upon our people. and the
presence of so large surplus in the public vaults
IS uislurolng e'etneh' 'n .ie CONQUER OF private
,,,ttin il INTO circu,ation or s,ary p,'aStion,sIa
r;. W. ho,Id 80 ,sI,, a, s.
tbe rnrnos. of onticinatin, omr honds 1900 ~"
do raonirerra,+s Of he sinLinc s,od ~ a.,
,,no,rrnrr;ot cd cur,Irs /, tho ,reosrr sho,1 ~
90 ,,sad ne tbara Is no other lawful WV, ~ "a
srnino. 10 ,,,ona,, r., ;rc,Iatio,, a. ~ &c.
s.Iiza5 NV, tho oya~nmant offars s,ts,a"tiI
.,|i,,arta,,o
u,.,,
"o " D"AS'
Inc loahiie OIL puohc IuhuS 10 tne banks WITH
out interest," upon the security Oh government
oonds, regard as an unauthorized and dangerous
expedent- II results IN temporary and un.
n'iU a. ei et'se VI 'o "ahAis capittai VI iaVoreu
call OF the deposits 10 AVOID injury TO the COM
meiclal interests IL Is not 10 bc expected that
the banks having theSe deposlts VIII sell their
bonds to the treasury SO long as the present high
ly oenehclai arrangement rs continued They now
practlcally get lnterest ooth upon the bonds ana
their proceeds NO turther use should be made
OF TINS method OF getting the surplus INTO circuia
tion, ana the deposits now Outstanding should be
gradually Withdrawn ana applied 10 the purchase
OF Dohds IL Is fortunate thae such use can be
made OF the exlsting surplus. and Tor some time
70 come OF any CASUAL surplus mat may exist
after congress has taken the necessary steps for
reduction OF the revenue. such legislation should
be promptly but very CONSIDERABLY, enacted
Tariff Revision Recommended
7 recommend a revision Of our tariff law both +,
its odminstrativa Features and in Tho soheJ''I.a
IN, - 80 a. f,,o 10 o,,.sIi .s.I
and an ar,reement unon the evis and ,nconyo,
fences to be remedied and the best methods for
their correction will probably not be difficult
Uniformity OF valuation at all our ports is essen
tal and effective measures should be taken TO
secure it. 1t is equally desirable that questions
affecting rates aud classifications should be
promptly decided.
The pr ,paration of a new schedule of customs
duties is matter OF great delicacy because Of It's
direct eff set upon the business of the country and
of great difficulty by reason Of the wide diver
gence of opinion rs to the objects that may prop
.rly be promoted by such legislation. Some dis
turbance of business may perhape result from tho
consideration of this subject by congress- but thic
temporary ill effect will be reduced to the mini