Dodge City times., 1890-12-05

| tions involved are both grave and delicate,
and while it will be my duty to see that the
| interests of the United States are not by any
| changes exposed to undue discrimination l
| sincerely hope that such revision as will sat-
| isfy the legitimate expectations of the Japan
| ese Government and maintain the present
| long existing friendly relations between ia
pan and the United States will be effected.
OUR RELATIONS WITH MEXICO.
| The friendship between our country ana
Mexico, born of close neighborhood ana
| strengthened by many considerations OF init
mate intercourse and reciprocity, have never
| been more conspicuous than now, nor more
hopeful of increased benefit to both Nations.
The intercourse of the two countries by ran,
already great, is making constant growth.
The established lines and those recently pros
| pected add to the intimacy of traffic and open
new channels of access to fresh areas OF de.
mand and supply. The importance OF the
| Mexican railway system will be further en-
hanced to a degree almost impossible to FORE
cast, if it should become a link in the pro-
| jected intercontinental ia way. Irecommend
| that our mission in the City of Mexico be
raised to the frst-class.
RECIPROCITY WITH SPAIN.
The cordial character of our relations with
Spain warrants the hope that by the continu-
ance 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 the
| development of our trade with the island OF
| Cuba invest the commercial relations OF the
| United States and Spain with peculiar impor'
lance. 1t is not doubted that a special ar
rangement in regard to commerce, based
/ fho nrpySiOD nf the recent
| tariff act would operate most beneficially for
| both Governments. This subject is now re-
ceiving attention.
The restoration of the remains OF John
Ericsson to Sweden afforded gratifying oc-
| casion to honor the memory Of the great in
| yentor, to whose genius our 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 citizen.
| On the I'd of September last the Commits
sion appointed to revise the proceedings Of
| the Commission under the claims conven-
| tiOn, between the United States and Venezue-
| la, of 1856, brought its labors to a close with
| in the period fixed for that purpose. The
| proceedings of the late Commission were
| characterized by 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 dis
satisfactory to both parties, for the settle
mcnt of the claim of the Venezuela Steam
| Transportation Company which was the sub
| ject of joint resolution adopted at the last
| session OF Congress. Negotiations are still
in progress and their carly conclusion is an
| ticipated.
The legislation of the past few years has
evinccd on the part of Congress a growing
realization of the importance of the CONNER
| cal relations abroad, and in protecting the
| domestic revenues. AS the scope of opera
| tionS expands, increased provisions must be
| made to keep up the essential standard of cf-
| ficicncy The necessity of some adequate
measure of supervision and inspection has
| been so often presented that l need only
commend the subject to your attention.
Domestic Matters.
RECEIPTS AND EXPENSES.
The revenues of the Government from all
sources for the fiscal year ended June 30, 1880,
were si92 9s3 0S0.55, and the total expenditures
| for the same period were Ss5S, GAS, ,5S4.52. The
| postal receipts have not heretofore been in
| cludcd in the statement of these aggregates,
and for tine purpose of comparison the sum
| of S.iS, ,si2 G97.92 should be divided from both
| sides of the account The surplus for the
year, including the amount applied to the
| sinking fund, was Sl0534 1850. The re-
ceipts for 1896 were si6, c3O g2SS 20 and the
| customs receipts increased S5,s35, 2SS,
and the receipts for internal rev.
| enue sl1 ,725, ,I9l.s9 while, on the side
| of expenditures that for pensions was sl9,
| 3l2, ,075.s5 in excess of the preceding year.
| The Treasury statement for the current fiscal
year, partly actual and partly estimated, is
as follows: Receipts from all sources, $780,
O0O, goo; total expenditures, 1854 ,OO0O leav-
| ing IL surplus of So, 900 coo, not taking the
postal receipts into account on either side
| The loss of revenue from customs for the
| last quarter il estimated at S25,000G0, but
from this is deducted gain of Sl6,OO0,0c0
realized during the first four months of the
year.
For the year OF 1892 the estimated receipts
are SS73, 900 and the estimated cxpendit-
ures s35. ,352 ,2O942, leaving an estimated sur
plus of SIS, ,l47, ,79O.5S, which, with a cash bal
ance of So 100000 at the beginning of the
year, will give SCI ,l47 ,7sO.5s the sum avail
able for the redemption of outstanding bonds
| or other uses. The estimates of receipts and
expenditures for the Post-ofiice Department
being equal are not included in the state
ment on either side.
SILVER CIRCULATION.
The act 'directing the purchase of silver
bullion and the issue of Treasury notes there
! on approved June IA, $780, has been admin
| istered by the Secretary of the Treasury with
an earnest purpose to get into circulation at
| the earliest possible date the full monthly
amount of Treasury notes contemplated by
| his provisions and at the same time to give
| to the market for silver bullion such support
| as the law cOntemplates. The recent specu-
| lation in the price of silver has been observed
with regret. The rapid rise in price which
anticipated and followed the passage of the
| act was Influenced in some degree by specu-
latiOn, and the recent reaction is in part the
result of the same cause and in part OF the
recent monetary disturbances.
Some months of further trial will be neces-
sary to determine the effect of recent legisla-
| tiOn upon silver values, but it Is gratifying
| to know that the increased circulation Sc
cured by the act has exerted and will con-
tinue to exert a more beneficial influence
upon business upon general values.
While it has not been thought best to renew
| formally the suggestion of an international
conference looking to an agreement touch
| ing the full use silver for coinage at a uni
| form ratio, care has been taken to observe
| closely any change in the situation abroad
| and no favorable opportunity will be lost to
| promote result which is confidently be-
| lieved would confer very large benefits upon
the commerce of the world. The recent
| monetary disturbances in England are not
| likely to suggest a re-examination of Opin-
| ions upon this subject. Our very large sup
ply of gold will, IL not lost by impulsive leg
| islatiOn in the supposed interest OF silver,
give us position of advantage in procuring
| a permanent and safe international agree
ment for the free use Of silver as coin metal.
INTERNAL REVENUE.
Inotice with great pleasure the statement
of the Secretary that the receipts from inter-
| nal revenue have increased during the last
fiscal year nearly $l2 600, and that the cost
of collecting that large revenue was less by
s9O,617 than for the same proportion in the
preceding year. The percentage of cost of
| collecting the customs rvenue was less for
the last fiscal year than ever before.
| THE ARMY.
The report of the Secretary of War shows
several gratifying results attained during
the year by wise and transformations meth
DDS. The percentage of desertions from the
army IAN evil for which both Congress and
ths department have been long seeking a
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
l6 were felt, ss per cent, as COM
pared with the same month of 1883.
The results attained by a reorganization and
| kAi~