Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1889-12-04

structiOn Of work on the San Juan river, the
right bank of which is Costa Rica territory. / |
am happy to learn that friendly arrangement
has been effected between the two nations.
This Government has held itself ready to pro
mote IN every proper way the adjustment OF all
questions that might present obstacles &c the
conviction of work of such transcendelt i'm
pOrt&nce to the commerce of this country, aRd |
indeed, to the commercial interest of the world. |
FRANCE-sLAvE TRADE.
The traditional good feeling between this |
country and the French Republic has received |
Gdelti lnal testimony IN the parti lpSton OF our
Cove tnment and people III the International |
EXPO Jsit1on held At Paris during the past sum
mer- The success of our exhibfsors mas been !
era liying. The report of the Commission WIZ
be laid before Congress in due season. This
Government has accepted under proper reserve
TO It's policy in foreign coune1es, the INVITA-
lion OF the Government of Belgl I'm 10 take part
IN au International Congress which opened "a
Brussels on the 10th of November. for the pur-
pose of devising measures toGromote the abolf-
ton OF the slave trade IN Affsea ana 10 pTe4ene
the shipment of slEVeS by sea. our interest III
the extinction of this crime against humanity
III the regions where 1t yet survives mas b5en
increased by the results ofcmanelpatlen %lthln
our own borders.
RELATIONS WITH GERMANY-HAYTI- yKNFzr Ella
With Germanr the most cordial relations CON
tinue The questions arising from the return
to The empire OF Germans Daturalized in this
country are considered and disposed of in
temperate spirit TO the entire satisfaction OF
both Governments. 1t is a source of great salts
faction that the internal disturb ances in the
republic of Hayti are at last happily ended, and
that an apparently stable government has been
constituted. 1t has been duly recognized by the
| Unit d States. a nike Commission is now in
session In this capital for the settlement OF the
| long-standi1g claims against the republic OF
Venezuela, and it is hoped that satisfactory
conclusion will be speedily reached. This Gov
eminent has not hesitated TO impress its earnest
| desire that the boundary DISPUTE now pending
1 between Great BnNfn and Venezuela may be
| adjusted amicably aud in strict accordance with
1 the historic title OF the parties.
JAPAN ACKNOWLEDGEMENTS
The advancement of the empire of Japan has
4 been forwarded by the recent promulgation OF a
| new constitution, valued for the guarantees OF
| liberty aud providing for a responsible ministry
! to conduct the Government 1t is earnestly
recommended that Judicial rights and processes
! IN Corea be Established on firm basis by pro-
| yiding the machinery necessary to carry out
| our treaty stipulations in that regard.
| The friendliness of the Persian Government
continues 10 be shown by its generous treat
| ment of Americans engaged IN missionary Ia
| bors and by the cordial disposition of the Shah
TO encourage the enterprise of our citizens in the
| developments of Persian resources. dlseus-
| sion is in progress touching the iurisdictional
treaty rights of the United states in Turkey. An
earnest effort will be made to define those rights
1 to the satisfaction OF those Governments.
NATURALIzED cIT1zENs ABROAD.
| Questions continue to arise in our relations
with several countries in respect to the rights OF
naturalized citizens, and especially is this the
! case with France, ltay, Russia and Turkey,
| and 10 a less extent with Switzerland. From
| time to time earnest efforts have been made to
| regulate this subject by conventions. An i'm
| proper use of naturalization should not be per-
mitted, but it is important that those who have
| been duly naturalized should everywhere be
accorded recognition OF the rights pertaining to
| citizenship of the country OF their adoption.
| The appropriateness of special conventions for
that purpose is recognized in treaties which this
! Government has concluded with number OF
| European States and it is advisable that the
| difficulties which now arise in our relations
with other countries on the same subject should
| be similarly adjusted.
| THE REPUBLIC OF BRAZIL.
The recent revolt in Brazil in favor of the
| establishment of a republican form of govern
| ment is an event of great interest to the United
J states. Our Minister at Rio de Janeiro was at
| once instructed to maintain friendly diplomatic
| relations with the provisional Government and
| the Brazilian representatives at the Capital
were instructed by the provisional Government
| to continue their functions. Our friendly inter-
course with Brazil has, therefore, suffered no
| interruption. Our Minister had been further
instructed to extend, on the part of this Govern
| ment, a formal ana cordial recognition OF the
| new republic, so soon as the majority of the
people of Brazil shall have signified their
| sent to its establishment and maintenance.
CONDITION OF THE UNITED STATES.
Within our own borders general condition OF
prosperity prevails. The hArvestS of the last
| summer were exceptionally abundant and the
4
| ise a successful season to the merchant and the
| manufacturer and the general employment of
our working people. The report OF the Secre-
tdry of the Treasury for the fiscal year ending
| June 50. 1sS9, has been prepared and will be pre-
| sent d to Congress. 1t presents with cleamess
the fiscal operations of the Government, and
| avail myself Of it to obtain some facts for use
here. The aggregate receipts from all sources
| for the year were 1857, 05005s ST. derived fol-
| lows: from customs. sob $50, al 6S; from in
| ternal revenue, $50, ISL 5l3 "; from miscelan-
CON V
| penditures for the same period were S2Sl 1885,,
6l5 60, and the total expenditures, including the
sinking funds, We're 1919 1929 Is. The excess
| OF reeeip over expenditures was, after provid-
ing for the sinking fund, So 4IO,l29 SO. For the
current fiscal year the total revenues. actual
and estimated, are S375, 10000 and the ordinary
| expenditures, actual aud estimated are S293,-
| 100000, maRing, wi the sinking fund. a total
expenditure OF S24l. 32l, 1i6 49, leaving an eSti-
mated surplus OF s4S 67',SS3 Of.
| During the fiscal year there were applied to the
purchase of bonds, in addition TO those for the
sinking fund, $50 l56172 81, and during the first
qua ter of the current year the sum or 81. S3S,
937 II, all OF which were credi ed to the sinking
| fund. The revenues for the fiscal year ending
| June 80 1891, are estimated by the Treasury De-
partment at S3S5, 100 90, and the expenditures
| for the same period. including the sinking fund.-
| st SsIl 43O477 TO- This shows an estimated sGr-
plus for that year of s43 ,569 ,522 30. which is
| more likely to be increased than to be reduced
when the actual transactions are written up.
THE SURPLUS.
| The existence of so large an actual and anti
| cipated surplus should have the immediate at
tention OF Congress, with a view to reducing the
receipts of the Treasury to the needs Of the Gov
| eminent as closely as may be. The collection
of moneys not needed for pub ic uses imposes
| an unnecessary burden upon our people, and
| the presence of so large surplus IN the public
| vaults is a disturbing element in the conduct of
| private business. il has called into use expedi-
ents for putting it into circulation OF very ques
| tionable propriety. We should not collect rev.
| enue for the purpose OF anticipating our bonds
| beyond the requirements of our sinking fund.
| But any unapprOpriated surplus in the Treasury
should be so used, as there is no other lawful
| way of returning the money to circulation, and
| the profit realized By the Government offers
substantial advantage The loaning of public
funds TO the banks without interest, upon the
| security of Government bonds, 1 regard as an
unauthorized and dangerous expedient; it re-
| salts in a temporary and unnatural increase of
the banking capital OF favored localities, and
| compels a cautious and gradual recall of the
| deposits to avoid injury to the commercial iu-
terests. 1t is not TO be expected that the banks
having these deposits Will cell their bonds to the
| Treasury so long as the present highly beneficial
arrangement is continued. They now practi-
cally get interest both upon the bonds and their
| proceeds. No further use should be made of
| this method of getting the surplus into circua-
| ton. and the deposits now outstanding should
be gradually Withdrawn and applied to the pur-
| chase of bonds IL is fortunate that such use
| can be made of the existing surplus and for
| some time to come of any casual surplus that
may exist after Congress mas taken the neces-
\ SAIy Steps lOf u IeuuCtlOu OF the IeNeHie. OUCH
| legislation should be promptly, but very eonsid-
| erately enacted.
THE TARIFF.
recommend revision of orr tariff law, both
| in its administrative features and IN the SEIZED
ules. The need of the former is generally con-
coded, and an agreement upon the evils and in
| cOnveniences to be remedied, and the best
! methods for their correction will probably not
| be difficult Uniformity of valuation at all our
| ports is essential. and effective measure should
| be taken to secure it. 1t is equally desirable
that questions affecting rates and claSsiications
should be promptly decided. The preparation
| of new schedule of Customs duties is amatter
of great delicsey, because of its effect upon the
| business of the country; of great difficulty, by
reason of the wide divergence of opinion to the
objects that may be promoted by such legisla-
| ton. Some disturbance ct business may, per
haps, result from the consideration of this sub
! ject by Con yresS, bnt this temporary i'll effect
\ viii be reduced 10 the minimum by prompt &C.
ton, and the assurance which the country en-
| joys, that necessary changes will be so made as
not TO impair the just and reasonable protection
of our home industries
| PROTECTION.
| The inequalities of the law should be ad-
| justed, but the protective principle should be
maintained, and fairly applied to the products
OF our farmers as well as our shops. These du-
ties necessarily have relation 20 other things be-
sides the public revenues. We cannot limit