Dodge City times., 1889-12-05

| commission is now in session in this cap
ital for settlement of long standing claims
| against the republic of Venezuela, and it
is hoped that a satisfactory conclusion
will be speedily reached. This govern
ment has not hesitated to express its
| earnest desires that the boundary dispute
now pending between Great Britain and
Venezuela may be adjusted amicably and
in strict accordance with historic titles of
the parties.
pan has been evidenced by the recent
promulgation of new constitution val
ued for its guarantys of liberty and pro-
viding for responsible ministry to con-
duct the government. 1t is earnestly
recommended that judicial rights and
process in Corea be established on firm
basis by providing the machinery neces-
sarr to carry out our treaty stipulations
in that regard.
The friendliness of the Persian govern
ment continues to be shown by its gener-
Gus treatment of Americans engaged in
missionary labors and by the cordial dis
position of the Shah to encourage the en-
terprise of our citizens in the develop
ment of Persian resources. A discussion
is in progress touching the jurisdictional
treaty rights of the United States in
Turkey. An earnest effort will be made
to define these rights to the satisfaction
of both governments. Questions con-
tinue to arise in our relations with sew
eral countries in respect to the rights of
naturalized citizens; especially is this
the case with France, Italy. Russia and
Turkey. and to a less extent with Switzer
land. Ffrom time to time, earnest efforts
have been made TO regulate this subject
by conventions. An improper use of nat
uralization should not be permitted, but
it is important that those who have been
duly naturalized should everywhere be
accorded recognition of the rights per
tanning to citizenship of the country
of their adoption. The appropriate
ness of special conventions for
that purpose is recognized in
treaties which this government has con-
cluded with a 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 BRAZILIAN REPUBLIC
The recent revolution in Brazil in
favor of the establishment of a re-
publican form of government is
an event of great interest to the
United States. Our minister at Rio de
JaneirO was at once instructed to main
tain friendly diplomatic relations with
the provisional government aud the
Brazilian representatives at the capital
were instructed by tie provincial govern
ment to continue their functions. Our
friendly intercourse with Brazil has there
fore suffered no interruption. Our min
lister has been further instructed to extend
on the part Of this government, a formal
and cordial recognition of the new repub-
lie so soon as the majority of the people
of Brazil shall have signified their assent
to its establishment and maintenance.
BRIGHT PROSPECTS AT HOME.
Within our own borders, a general con-
dition of prosperity prevails. The har-
vests of the last summer were exception
ally abundant and the trade conditions
now prevailing seem to promise sue
cessful season to the merchant and the
manufacturer and the general employ
ment to our working people. The report |
of the secretary of the treasury for the
fiscal year ending June 80, 1889; has been |
prepared, and will be presented to con-
gress.
RECEIPTS AND EXPENDITURES.
1t presents with clearness 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 $3S1 ,05O, ,O53.84; |
derived as follows: From customs, $223,
S32 ,0746S: from internal revenue, $13O,
SS1 ,513,92; from miscellaneous sources,
So, ,3335, ,S03.23.
The ordinary expenditures for the same
period were $2S1, 1896, $3.50, and the total
including the sinking fund |
were $329, SIS, ,92925. The excess of re-
ceipts over expenditures was providing
for the sinking fund, $577,470, 1889. For
the current fiscal year the total revenues
actual and estimated $685., ,0OO, 900, and the
ordinary expenditures actual and estima-
ted are $293, 3,OO0, 900, making with the
sinking fund a total expenditure of $341,
321 1853, leaving an estimated surplus of
a., 1878, 1888.
During the fiscal year there was applied
to the purchase of bonds in addition to
these for the sinking fund, 800, ,456, ,172.35,
and during the first quarter of the current
year the sum of $37S3S, ,973.77, which
were credited to the sinking fund. The
for the fiscal year ending June
30, 1891, are estimated by the treasury de-
partment at $685., 5,OO0, 900, and the expen-
iitures for the same period, including the
sinking fund, at S41 ,430, ALTO; this
shows an estimated surplus for that year,
Of $43, ,569, ,522 30, which is more likely to
be increased than reduced when the ac
tual transactions are written up.
THE SURPLUS.
The existence of so large an actual and
anticipated surplus should have the i'm
mediate attention of congress with view
10 reducing the receipts of the treasury to
he needs of the government as closely as
nay be. The collection of moneys not
needed for public uses imposes an unnec-
,ssary burden upon our people and the
presence of so large a surplus in the pub
ic vaults is disturbing element
n the conduct of private business.
Il has called into use expedients
or putting it into circulation of very
questionable propriety. We should no tool
ect revenue for the purpose of anticipat-
ng our bonds beyond the requirement of
he sinking fund, but any unappropriated
surplus in the treasury shculd be used as
here is no other lawful way of returning
he money to circulation and the profit
ealized by the government offers sub
tantial advantage. The loaning of pub
ic funds to the banks without interest
lpon the security of government bonds
regard as an unauthorized
md dangerous expedient 1t results in a