The National tribune., 1889-12-05
THE PRFsInENr.s mEssAGE.

AieutS containing ADOut lo,UUu NOTuS, mak-
ing about eight ordinary columns of small
tyre. We have received it just as we go to
press, and viii merely summarize its con-
tents without expressing opinion as to Its
recommendations. This viii be reserved
for future issues.
The President opens with congratulations
to the country upon tho happy condition OF
our foreign relations, there being but few
international questions of importance yet
remaining unadjusted; in these there is no
apparent obstacle to felicitous solution.
Our dealings with other governments always
have been marked with frankness and sim
cerity, and this policy has born the best
fruits.
The Pan-American Congress is alluded to
and the prediction made that it will result
in closer international relations and greatly
increase the prosperity for all the States
represented. It is recommended that
Congress enact legislation which will pro-
vide for the questions now in dispute with
China The exclusion of the Chinese labor
ing element from our country is demanded,
bat steps in this direction should be accom-
panied by a recognition Of the claim of those
among us to humane and just treatment
1t is hoped that an amicable settlement
may soon be arrived at of the disturbing
fishery and seal troubles.
An enlargement of the extradition treaty
with Great Britain which viii prevent the
territory of either country becoming the
refuge Of the evildoers of the other is urged.
A formal protest has been made at Lisbon
against the infringement upon the rights OF
American citizens in Delagoa Bay.
The construction OF the Nicaraguan Canal
is progressing satisfactorily; conflict Of juris-
diction between Nicaragua and Costa Rica
being in the way for amicable settlement
The proper protection of our naturalized
citizens temporarily residing in Europe
should receive the attention of Congress, and
such arrangements should be made-espe-
ciaIly with France Italy, Russia and Turkey.
Our Minister at Rio Janeiro has been in
structed 70 formally and cordially recognize
the new Republic as soon as a majority of
the people Of Brazil shall have signified their
assent to its establishment and maintenance.
Within our borders general condition of
prosperity prevails, the harvests being ex-
ceptionably abundant and all the trade con-
ditions favorable.
The total receipts OF the Government dur
ing the year were S3s7, O50,O5Ss4. The or
binary expenditures were $2s1 1896, $3.50
The investments in the sinking fund raised
this to S329, SIS, 929 %, leaving balance of
receipts over expenditures OF So, 470, 1889
Il is estimated that the revenues for the
present fiscal year will be $685., 100000, and
the expenditures S341, 321 1869, leaving an
estimated surplus Of So, 67s, ss30L During
the year there have been $50,456, 172 35
expended in the purchase Of bonds in
addition TO those for the sinking fund.
Congress should give it's immediate at
tention TO reducing the surplus, so as 10
bring the receipts of the Treasury as closely
as may be 70 the needs Of the Government.
The collection Of money not needed for
public uses imposes an unnecessary burden
upon our people, and the presence OF 50 large
a surplus in our vaults is a disturbing ele-
ment in the conduct OF private business.
q We should not collect revenue for the pur-
pose of anticipating our bonds, beyond the
requirements Of the sinking fund, but any
unappropriated surplus in the Treasury
should be so used" The President regards
the loaning Of public funds to the banks
without interestas unauthorized and danger
GUS 1t results in temporary and unnatural
increase of banking capital of favored
localities and compels a cautious and
gradual recall Of the deposits to avoid
injury to the commercial interests. The
surplus should be withdrawn and applied to
the purchase of bonds.
A revision of the tariff both in It's admin
istrative features and schedules is recon-
mended- Uniformity and valuation at all
ports is essential, and questions affecting rate
classification should be promptly decided.
This work should be very carefully but
very promptly done, that the i'll effect of O
disturbance in business may be reduced to
minimum. In this work we must not
have our eyes upon the Treasury alone, but
regard home production, work, wages and
commercial independence as very essential
features.
The free list should be extended by pIac-
ing on it articles that do not injuriously
compete with such Of our domestic products
az our home labor can supply. The tax
should be taken of tobacco, and also off all
spirits used in the arts and manufactures II
safe provision against fraud can be devised.
The amount Of National Bank notes In
circulation has decreased since in 1873, SII4.-
4 100 200 ~ ,-bsot err pao aon - "a,