Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1890-12-06


for the reason that the form of submission
proposed IL not thought to be calcu-
lated To assure conclusion satisfactory tO
either party. II Is sincerely hoped that be-
fore the opening of another sealing season
some arrangements may be effected which
will assure to the United States u property
right, derived from Russia, which was not
disregarded by any nation for more thnn
eighty years preceding the outbreak OF the
existing troubles.
MEXICAN AFFAIRS
The friendship between our country and
Mexico, born of close nciRhbOrhOOd ana
strengthened by many considerations of In
innate intercourse and reciprocal interest,
has never been more conspicuous than now.
nor more hopeful of increased benefit to both
nations. The intercourse Of the two coun.
tries by rail, already great, Is making con-
slant growth.
RELATIONS WITH SPAIN.
The cordial character Of our relations with
Spain warrants the hope that by the cOntin-
uance of methods of friendly negotiation,
much may be accomplished In the direction
Of an adjustment Of pending questions and OF
the increase of our trade. The extent and
development of our trade with the island OF
Cuba invest the commercial relations of the
United States ana spain with II peculiar i'm.
portance. II II not doubted that II special ar.
rnngement In regard to commerce, based
upon the reciprocity provision of the recent
Tariff act, would operate most beneflcially
for both governments. This subject Is now
receiving attention.
THE CONSULAR SERVICE.
The legislation of the past few years has
evlnced ON the part of Congress growing
realization of the Importance of the consular
service In fostering our commercial relations
abroad ana In protecting the domestic rev.
cnues. As the scope of operations expands,
increased provision must be made to keep up
the essential standard of efficiency. The
necessity Of some adequate measure of super
vision and inspection has been so often pre-
scnted that need only commend the subject
to your attention.
FINANCIAL.
The revenues of the Government from all
sources for the fiscal year ending June 80,
1880. were $4G3 9G3, 0s05j. and the total cX-
pcnditures for the same period were $s1s,6ls,'
5Si52. The postal receipts have not hereto.
fore been included In the statement
of these aggregates, and for the pur.
pose Of comparison the sum Of So, $50 09i .W
should be deducted from both sides OF the
account. The surplus for the yenr, includ'
ing the amount applied to the sinking fund,
was $l05, 34l, iy7 OK. The receipts for 1890 were
SIS 030, 9l3T9, and the expenditures $l5,139,'
s7l in excess of those of 1859. The customs
receipts increased $5,s35 si2.ss, and the re-
ceipts from internal revenue Sll,I25, l9l. ~.
while on the side Of expenditures, that for
pensions was $l9,3l2,074.6 in excess of the
preceding year.
RECEIPTS AND EXPENDITURES.
The Treasury statement for the current
fiscal year, partly actual and partly estimat.
Rcceipts from all sourcese, SlO6, 200, 900; total
expenditures. 1854 900, 900. leaving surplus
of S., 900 OOO-nOt taking the postal receipts
into account on either side. The loss of rev
enue from customs for the last quarter Is
estimated ut S25, 900, 900, but from this is de.
Quoted II gain OF about Sl6W0,OOO realized
during the first four months of the year.
For the year 1892 the total estimated re-
CENTS are S3I3, 900 900 and the estimated cx-
pcnditures 1857 So, 209.42, leaving an estimat.
ed surplus of SIS, l47 ,19O.5s, which, with cash
balance of So, OO0,OO0 ut the beginning of the
year. will give $50, l47, 790.jS as the sum avail
able for the redemption of outstanding
bonds or other uses. The estimates OF re-
cepts and expenditures for the Post once
Department being equal are not included III
this statement ON either side.
PURCHASE OF SILVER BULLION.
The act "dirccting the purchase of silver
bullion and the issue of Treasury notes
thereon" approved June II, 1880. has been
administered by the Secretary OF the Treas
ury with an earnest purpose to get into cir.
culation ut the earliest possible dates the full
monthly amounts of Treasury notes cOntem-
plated by Its provisions, pnd vt the same
such support rs the law contemplatcs., The
recent depreciation In the price OF sill
yer has been observed with regret
The rapid rise In price which antici'
act was Influenced in some degree by specu.
latiOn, and the recent reaction II in part the
result of the same cause and in part OF the
recent monetary disturbances. some months
of further trial will be necessary to deter
mine the permanent effect of the recent legis-
lution upon silver values, but II Is gratifying
to know that the increased circulation Sc
cured by the act has exerted and will continue
to exert more beneficial influence :pon
business and upon general values.
CIRCULATION OF MONEY.
The efforts of the Secretary to increase the
volume of money In circulation by keeping
down the treasury surplus to the lowest prac'
tlcable limit have been unrcmitting, ana In
very high degree successful. The tables pre-.
scented by him, showing the increase of
money In circulation during the past two de.
cades, and especially the table showing the
increase during the eighteen months he has
administered the affairs of the department.
are interesting and instructive. The in
crease of money In circulation dur.
ing the nineteen months has been In
the aggregate S95,s66,sl3, or about $3.50 per
was due to the recent silver legislation.
That this substantial and needed aid given
to commerce resulted in an enormous re-
ductiOn of the public debt and Of the annual
interest charge Is matter Of increased salts
faction. There have been purchased and re.
deemed since March 4, 1859, and 4l2 per
cent. bonds to the amount of $2ll ,S32 $50, ut q
cost of $500 al, resulting In the reduction
of the annual interest charge of $685. 600,
and total saving of interest of $5l, 5I6,7O6.
THE INTERNAL REVENUE.
InOtlce with great pleasure the statement
OF the Secretary that the receipts from in.
ternal revenue have increased during the
last fiscal year nearly sl2, OOOO 900, and that the
cost of collecting this larger revenue was
less by $906lT than for the same purpose In
the preceding year. The percentage of cost
of collecting the customs revenue was less
for the last fiscal year than ever before.
THE WAR DEPARTMENT.
The report of the Secretary of War exhibits
several gratifying results attained during the
year by wise and transformations methods.
The percentage of desertions from the army
ian evil for which both Congress and the de-
partment have long been seeking u remedy
has been reduced during the past year "a per
cent, and for the months of August and
September, during which time the favorable
effects of the act of June Is were felt, 80 per
cent. Us compared with the same months OF
1859.
OFFICIAL RECORDS.
The results attained by reorganization
and consolidation OF the divisions having
charge of the hospital and service records of
the volunteer soldiers are very remarkable.
This change was effected In July, 1889, and at
that time there were 1854 cases awaiting at
tentlOn, more than half of these being calls
from, 8hn Douainn nAioa for Inflammation naa.