The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1890-12-04

for Indemnity growing out Of it's action to arbi-
tration This plan of settlement having Deen
agreed upon, the interested powers readily con-
CURED in the proposal to submit the case to the
Judgment of three emineHt lurI SITS, 10 pc desig
who, upon the Joint invitation of the Govern
nnents of the United States, Great Britain ana
Portugal. has selected persons We'll quauned lor
the task before them.
The revision of our treaty relations with the
Empire of Japan has continued to be the SUD-
ject of consideration and OF correspondence.
The questions involved are both grave and deli
cate and while it will be my duty TO see In6I
the interests of the United States are not by any
changes exposed to undue discrimination, sin
cerely hope that such revision as viii satisfy
the legitimate expectations of the Japanese
Government and maintain the present and long
existing friendly relations between japan ana
the United States, will be effected
The friendship between our country and Mex-
leo, born of close neighborhood and strength
ened by many considerations OF intimate inter-
course and reciprocal interest, has never been
more conspicuous than now, nor more hope1u4
of increased benefit 10 both nations. The inter
course of the two countries by RAIL- already
great, is making constant growth.
The established lines and those recently
projected add to the intimacy OF trafhc ana
open new channels of access to fresh areas OF
demand and supply. The Importance OF Une
Mexican railway system will be further en-
HANGED to degree almost impossible to fore
cast, if it should become a link in the projected
intercontine entail railway. l recommend tnaG
our mission in the City of Mexico be raised
to the first class.
Good Friepds with Spain.
The cordial character of our relations
with Spain warrants the hope that by the con-
tinuance 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 de-
ve1opment of our trade with the Island OF
Cuba invest the commercial relations OF the
United States and Spain with @ peculiar I'M
So Iona hot
arrangement in regard to commerce, based
upon the reciprocity provision OF the recent
tariff act. would operate most benefcially for
both governments. This subject is now re-
ceiving attention.
The restoration of the remains of John Erics-
son to Sweden afforded q gratifying occasion to
honor the memory of the great inventor TO
whose genius country owes SO much, and to
bear witness to the unbroken friendship which
has existed between the land which bore him
and our own, which claimed him as a citizen
Our Consular Service.
On the second of September last the COM
mission appointed to revise the pfoceedlngs
of the commission under the claims conven-
ton between the United States and Venezuela
of 1856, brought it's labors to a close within the
period fixed for that purpose. The proceed
ings of the late commission were character
lied by q spirit of impartiality and a high sense
of justice, and an incident which was for many
years the subject OF discussion between the Two
Governments has been disposed of in manner
alike honorable and satisfactory to both parties.
For the settlement of the claim of the Venezuela
Steam transportation Company, which was
the subject of joint resolution adopted at the
last session of Congress- negotiations are still
in progress, and their early conclusion is an
ticipated
The legislation of the past few years has
eVinced the part OF Congress growing re-
aIization of the Importance of the consular
service in fostering our commercial relations
abroad and in protecting the domestic revenues.
AS the scope OF operations expands, increased
provision must be made to keep up the essen
of efficiency.
some adequate measure of supervision and in
spectiOn has been so often presented that need
only commend the subject to your attention.
The COuntry's Finances-ReceIpts and Ex-
penditures.
The revenues of the Government from all
sources for the fiscal year ending June 30
1890, were 1868 1868, 080.55. and the total ex-
penditures for the same period were 1858, 619,
584.52. The postal receipts have not here.
tofore been included in the statement of
these aggregates and for the purpose
of comparison the sum of $50, S82, 097 90
should be deducted from both sides of the &C
count. The surplus for the year, including the
amount applied to the sinking fund.- was $105-
34, .03. The receipts for 1890 were SIG. 030-
70, and the expenditures $15, 81 in excess
of those of 1882 The customs receipts in
creased SIS 835 $40. So. and the receipts from i'll
ternaI revenue $11, 725 191. S9, WHILE the side
of expenditures, that for pensions was $l9,3l2,-
075 90 in excess of the preceding year.
The Treasury statement for the current fiscal
year partly actual and partly estimated, is
follows: receipts from all sources, S4Oo, UOO UUO
total expenditures, 1894, 000,OO0 leaving sur
plus of $4,000 0O0-not taking the postal re-
ceipts into account on either side. The loss of
revenue from customs for the last quarter is es-
timated ut 1875 090, 0C0 but from this is deducted
gain of about 6.000,0 900, realized during the
first four months of the year
For the year 1892, the local estimated receipts
are 1913, 100000, and the estimated expenditures
1857, $50 209.42, leaving an estimated surplus of
| $15147, $685. which, with cash balance of
$52OsO0OO at the beginning of the year, will give
$67, 147, 790.58 as the available for the re-
demption of outstanding bonds or other uses.
The estimates of receipts and expenditures for
the Post Office Department being equal, are
not included in this statement on either side.
notice with great pleasure the statement OF
the Secretary that the receipts from internal
re venues have increased during the last fiscal
year nearly $50, 000 000 and that the cost of col
Letting this larger revenue was less by $90,617
than for the purpose in the preceding
customs revenue was less for the last fiscal
year than ever before.
Or1oS