New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-12-02

il full of interest. III nus ""c""' P m,
detrimental stage and is coinnerciai s"'o'' ,,rIy
area over which the sugar pcet can w SUI, -,
cultivated is very large and another field crop Ut
,oa, ,ol,o is offered to the choice of the farmer
Tho Secretary of the Treasury concurs III '"'
n,on,lation of the Secretary of Agriculture
,bo, tbo official supervision provided by ire o'i,'
Law for sugar of domestic production siaii '
transferred TO the Department of Agriculture
rno law relating to the Civil Service has, so 'ar
49,, lar, bccn executed by those having the
mower of appointment In the cHissiileh ser'i'o
r,,ot,. and imnartiality and the service has Deeh
;ncroasnoIv satisfactory. The report OF the oon'-
,niss;or shows n large amount OF good Work doue
during the year with very llm'teu appfo"''V'''''
LEGISLATION OF THE YEAR
IoornrotuIatc the Congress and the country Upon
the massage at the first SESSION OF 'lc LIS.
- on unusual number Of laws of very high lmpof-
VI -" ,rr, .ho results of this legislation will be
tho ouickening and enlargement OF our nahuiac'-
t, indret,ics arrcr and better markets ior
49,, hroodstuas and provisions both at nome ana
broad morc constant employment ana pe'oet
oo for opr working people, and an lncreaseu
,1,. ~ . safe currency for the transaction OF
ts;rose 7 do not doubt. Some OF these measures
,cre enacted at so late period that the oe'cio''
.Gerts upon commerce which were IN me col'cin-
nlotlon Of Congress have as yet but partieiS "'n'
! tested themselves. ,..
| Thc concroI trade and industrial! conditions
| ,hrou chout the country during the year nave
| ato,,.n = marked Improvement. For many years
rrior 70 1888 the merchandise balances OF foreign
! ,rodo Ind been largely in our favor, hut durinS
! that year and the year following they 'urhcu
| acainst MS 1t il gratifying 10 KNOW '"FO
| thc last fiscal year again shows haiar'c III o"i
ra,.or If over SOS. 600 coo. The bank clearinss,
b. l.
no,. ,ropsoctcd for the first ten months OF the
vcor 500 show. rs compared with the same mohths
81 1seo an increase for the whole country oil
ai.ort , nor cent while the increase outside the
ci,v Of Ncw-York WIS over IS per cent hnring
,bo r,ontb of October the clcarncs of the whOe
! country shaved an increase of 81 per cent over
| Oc,ohcr 1850 while outside Of New-l or' the III
crcosc was If ~ per cent These figures sho"
/ ,bo, tho increase i'm the volume OF busincss WAS
vorv GENERAL throughout the country. lhaU ms
| l,rocr busines, was being conducted upon II Sac
! and prortahlc basis f. shown by the lacI INA
thcre were 800 less failures reported III ''c'o"'i
1900 than in tie same month of inc Pic''"
inn, year with Liabilities diminished DJ aoou'
| $1,000, 200.
Tho valuc of our exports of domestic mrrch"h
disc during the last year was over SIl'''V'''''
Greater than the preceding year. ana WIS "hiS "a
coded once In our history. About Slooooo,oo0
M This excess was in agricultural products. Liz
,r,.luction Of pigiron-always a good gauge Oh
| immoral Drospcrity-io shown by a recent cc!Su'
uilctin to have been lj3 per cent greater IN Ie'o
than IN 1850 and the production OF steel E'o
nor cent greater Mining in coal has had no Inn
it,iion except that resulting from deficient trans
n,ri,tion The general testimony is that lahol
| * cycrywhcre fully employed and the reports iol
th. last rcur show a smaller number OF employees
Affected by strikes and lockoutS than IN any yea"
since ISL The depression in the prices of agra
cultural products had been greatly relieved an'
a buoyant and hopeful tone was BEGINNING 10 1t
felt by al our people
Those promising influences have been in som'
decree, checked by the surprising and very an
favorable monetary events which have recently
taken place i'm England. II ii gratifying 70 know
tla, tl,c,c did not .row in any dc2rrc ont Of TIN
financial relations of London with our people o
ont Of any dscrcdit attached TO securities hcl'
in that market Tie return of our bonds ah'
stocks was caused by money strnscncy IN Eng
land. not by any loss Of value or credit IN th'
securities themselves We could not, however
yhollv cscapc the iii effects OF Il foreign monetary
AGITATION accompanied hy such extraordinary III
cidcnts as characterized this. II i not heiI''e"
however. that these evil incidents, which nave
for thc time unfavonby affected values III 'li'
country. can long withstand the Stron@, SAFE alI'
Wholesome influences which are operating 10 -lF'
10 our people profitable returns IN a.. branches o'
legitimate trade and industry The apprehension
that or tariff may again and at once he SUBJECTED
to important general changes would undoubtedly
add a depressing influence of the most serlou
character.