The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1890-12-05
n-cUunueuuy exp,cpn.

| piuS lot tit year 1HCinOlnR bfe amount applied
the sinking fund was si05, ,3A 490.0s The receipts
for 1890 were Sic 0so. .os3 10, and the expenditures
kb7Sp,S7l in excess Of those OF 1889 The c,,s.
toms receipts increased s5, ss5, sts a. and the re
ceipts from internal revenss 81, ,7a5 i9f So while
on the eide OF expenditures that for pensyone was
tiess'Gb.o6 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, s40G oooooO;
total expenditures, 1854 600 600 leaving A surnlns
OF $b2 Oo0-not taking the postal receipts into
the account on either side The Io~s OF revenue
from customs for the last quarter Is estimated at
| e2s.ooo0o0, but from this Is deducted o gain OF
about sieOoo-Oo- realized during the first four
months Of the year.
For the year 1892 the total estimated recaipts
are S57s, 10000, and the estimated expenditures
1857 S52, O9.42, leaving estimated surplus OF
e1b,147, ,7gO.5a which, with q cash balance OF ss9
10000 az the beginning Of the year, viii give
f67, ,147 7905S as the sum available for the redemp
ton of outstanding bonds or other uses The
estimates cf receipts and expenditures for the
Postoffice department, being equal not in
csded in this statement either side
The act directing the purchase Of silver bullion
and the issue OF treasury notes thereon ap-
proved July H. 1890, has been administered by
the secretary Of the treasury with earnest pur-
pose to get into circulation at the earliest possible
dates the full monthly amounts of treasury notes
contemplated by its provisions and at the same
time to give TO the market for silver bullion such
support as the law contemplates. The recent de
probation in the price OF silver has been observed
with regret The rapid rise in price which antlci-
pated and followed the passage Of the act was in
fuenced In some degree by speculation, and the
recent reaction is in part the result Of the same
cause and In part OF the recent monetary disturb
ances Some mouths of further trial will be neces-
sary to determine the permanent effect OF the re-
cent legislation upon silver values, but Il Is graft
flying to know that the increased circulation Sc.
cured by the act has exerted and will continue to
exert most beneficial influence upon business
and upon general values.
While 1t has not been thought bsst to renew
formally the suggestion Of international con
ference looking to an agreement touching the
full use Of silver for coinage at q uniform ratio
care has been taken to observe closely any
change in the situation abroad, and no favorable
opportunity will be lost to promote a result which
II is confidently believed would confer very large
benefits upon the commerce OF the world
The recent monetary disturbances In England
are not unlikely to suggest q REORGANIZATION of
opinions upon this subject. Our very large sup
ply of gold will, IL not lost by impulsve legisla
tion in the supposed interest Of silver give US a
position OF advantage in promoting a permanent
and safe international agreement for the free use
OF silver as coin metal The Increase of
money In circulation during the nineteen months
has been in the aggregate sos, Ss6, ,S13 or about
$50 per capita, and OF this increase only ST. 1OO-
600 was due to the recent silver legislation That
this substantial and needed aid given to com
merce resulted in enormous reduction Of the
public debt and OF the annual interest charge is
matter Of increased satisfaction There have
been purchased and redeemed since March a.
1879, 4 and AZ per cent. bonds TO the amount OF
xNl S2 45O, at cost of S2i6, &C., 741, resulting in
the reduction Of the annual interest charge Of
1885,, coo, and total saving of interest of $751;
| 576,706
/ notice with great pleasure the statement of
the secretary that the receipts from internal reve
nue. hs'se increased during the last fiscal year
nearly $is Oo9 900. and that the cost of collecting
this larger revenue was less by Ss0,6i7 than for
me same purpose In the preceding year. The
percentage Of cost of collecting the customs reve-
nue. less for the last fiscal year than ever be-
fore.
The morale Of the army has been so greatly
| improved that desertions have decreased one
third. The pension office administration has been
so improved that all new cases examined and
adjusted rapidly. Greater appropriations for
| coast defenses are asked. The new navy has
| made very gratifying progress. Since March a.
1889, nine new vessels have been put in commits
sion, and during this winter four more, including
one monitor, will be added. The construction Of
the other vessels authorized rs being pushed, both
/ In government and private yards, with energy
and watched with the most scrupulous care.
About Il, 726, goo acres have been bought of the
/ Indians during the year The monthly issue of
patents for lands to actual settlers has increased
| about 5000, The disability pension act has been
l put in force very rapidly; but this enlargement
i OF the general law should suggest q more care
ful scrutiny of bills for special relief, both as
to the cases where relief is granted and as TO the
| amount allowed
The situation OF the farmers has greatly i'm
price Of their Trodncts rbs sS,nnr, troda H. i;a
animals and fowls sbows a vern Iara, in.raasa
the total value OF sucb a1rorts Tor the vaar ma
inc H. On Ieoo ," 900 ~, % 80 90 e seai Gnu
over the preceding year over s150Oo,0 900.
| Nearly 100000 more cattle and over 45 900 more
hogs were exported than In the preceding wear
| The export trade in beef and porIx products and
| In dairy products was very largely increased the
Increase in the article of butter alone being from
l6,5O4,97s pounds to 29,74sO42 pounds, and the
| total increase in the value Of meat and dairy
products exported being S34 OO0OOO This trade
so directly helpful to the farmer 1t is believed
| will be yet further and very largely increased
when the system of inspection and sanitary super.
| vision now provided by law is brought fully into
operation.
The efforts Of the secretary to establish the
heathfulness of our meats against tine disparag q
ing imputations that have been put upon them
abroad have resulted In substantial progress
| Veterinary surgeons sent ont by the denartment
are now allowed to participate in the inspectiou
Of the live cattle from this country landed at the
English docks, and during the several months
they have been on duty no case Of pleuro-pneu.
monia has been reported This inspection abroad
! and the domestic inspection of live animals and
pork products provided for by the act of Aug
30 1890 will afford as perfect a guarantee for the
wholesomeness Of our meats offered for foreign
| consumption as is anywhere given to any food
product, and its non acceptance will quite clearly
| reveal the real motive Of any continued restric.
ton OF their use; and, that having been mad.
clear the duty OF the executive will be very plain
| Beet sugar Is demonstrated to be a perfect sue
cess, and the area Of its possible production very
| large.
The civil serv,ca l.v "a sxacutsd with aaa,,,v
and imnartialitv and the nres,dant ,uoints x,;ti
pride 10 the fart that not ngIa coo. "a d,siaa
ton or embazzlement has orenrrsd dnrSns, ,h.
wear The country q eon onorstu,a,,.d ON ~ aol.t
work done by coneress and tbs rrsdiction 70 Son
adently made Thai the nav. lavs xvHi Dsnr,, r1or,
regular emplovmsnt and bettar v,o..as IN
president asserts that the s,ana.al trada and tu
dustrial conditions tbrouehmt the cr.ntry
during the wear hapa shovo a rna.ksd h1
| provaman, a. ,aanv - -. -. tooo ~
| nasrchang,isa haIsrca. - to.s.n 80 -
| baen LARGELY IN onr ,avor 80 a,,rias .ha,
| wear and the yaar ,onnua.T- ,ha. ,,,,1,]C
AGAINST ns "a a vsry vratifv,n- % h,o,' ,ha. IN
last fscaI ye.r again shows hT,l.nse IN o,., s,,,
| of over eSs oOn 0nn Tha ha.aL cAaa-sT,,s ,,,,;.L
furnish a good best of tha vonn,a ~ h,,-,nss.
transac,ad for tha a., - r,onths - - -,
Iseo shovV as comnarad ,yith ,I ssT, ,,s,,,Is ~
Issa an n.rsS - ~ -, os,a,t - sI',
a. rar can, hi,s IN ioaas o,'tsi - .,s -
~ Nsx Yor ~as oSar "a ,,- On, WIG
Th. vab,s ~ orr .norts q, aa,,,as,,o ,,,.,,.,,
aise SurinS ths Ias+ 80 ~ oa.. e,iS oon ~
gr~at.- than ar ,Sra,Si,,, -. ~
oS ths sxcass u,as IN asr,o,i,,ra1 s.i,,o, ~
,,,od,,.,IoY, ., NJ. - N'." pSS Us ina %
saneraI nrosnaritv d s,ovsn ~ -, ,'',, :,