The state republican. (Jefferson City, Mo.) 1871-1896, 1890-12-04


development OF our trade with the island of
Cuba invest the commercial relations of the
United states and Spain with peculiar i'm.
portance. 1t Is not doubted that u special ar.
rangemcnt in regard to commerce, based
upon the reciprocity provision of the recent
Tariff act, would operate most bcnehcially
for both governments. This subject Is now
receiving attention.
TIE CONSULAR SERVICE.
The legislation of the past few years has
evinccd on the part of Congress n growing
realization of the Importance of the consular
service in fostering our commercial relations
abroad and In protecting the domestic rev.
cnucs. 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-.
sentcd 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 si63, ,sGS JsO.55, and the total ex.
pendltures for the same period were S3js,6lS,
5S4.52. The postal receipts have not hereto.
of these aggregates, and for the pur.
pose OF comparison the sum OF $50 sS2 ,03I so
should be ha Deducted from both sides of the
ing the amount applied to the sinking fund,
was sl05,3lt, ,i07.03. The receipts for 1890 were
SIS, ,G}O. .J23.T9, and the expenditures si5.73g,.
S7l in excess of those of 1889. The customs
receipts increased s., ,s35 Sass, and the re.
ceipts from internal revenue Sll,f25,l9l 50,
pensions was sl9,3l2 O7i.y6 in excess of the
preceding year.
RECEIPTS AND EXPENDITURES.
The Treasury statement for the current
fiscal year. partly actual ana partly estmat
cd, IL as follows:
Receipts from all sourcese. s4OG oOO, 900: total
expenditures, s35i, ,0OO, 900, leaving II surplus
of So, ,OOO, ,OOO-not taking the postal receipts
into account on either side. The loss of rev
enuc from customs for the last quarter is
n a
during the first four months of the year.
For the year 1882 the total estimated re.
ceipts ARE S13,GO,00O and the estimated cX-
penditurcs s357, ,s52, ,2O9.42. leaving an cstimat.
ed surplus of .li779O.5s, which, with Il cash
| balance of sjl ,0n0,00 at the beginning of the
| year, will give So, ,l47,705s as the sum avail.
| able for the redemption of outstanding
| bonds or other uses. The estimates of re-
ceipts and expenditures for the Post Ofcc
Department being equal are not included in
| this statement ON either side.
| PURCHASE OF SILVER BULLION
The act ''dirrcting the purchase of silver
thereon" approved June IA, 1880 has been
administered by the secretary of the Treas.
ury with an earnest purpose to get into cir:
culatiOn at the earliest possible dates the full
| monthly amounts of Treasury notes cOntem.
| plated by its provisions, and at the same
| time to give to the market for silver bullion
such support as the law contemplates. The
recent depreciation in the price of sill
yer has been observed with regret
r1RSl S 9swca se ID a ree paanse wae 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 necessary to deter
mine the permanent effect of the recent legis-
| latiOn upon silver values, but IL is gratifying
| to know that the increased circulation
| cured by the act has cXcrtcd and will continue
to exert II more beneficial influence upon
business and upon general values.
| THE RECENT FINANCIAL FURRY
| The recent monetary disturbances in En-.
| gland are not unlikely to suggest a exam
nation of opinions upon this subject. our
| very large supply of gold will, ii not lost by
| mpulsivclcgislat'on in the supposed interest
of silver, give us IL position of advantage in
promoting permanent and safe intrrna.
tional agreement for the free use of silver as
Il coin metal.
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-
ticuble limit have been unrcmittinE and in u
very high degree successful The tables pre-.
sented 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.
ng the nintstrn sa c is months nmt nns S'sn m mn IN
capita, and Of this Increase only s7,lOO,Ool
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
deemed since March t. 1889, and il2 pei
cent. bonds to the amount OF S2ll s32, 40 ut q
cost of S2i6,G20,7 al, resulting in the reduction
of the annual interest charge OF SS,3I 500
and Il total saving of interest of S5l,5I6,1O6.
THE INTERNAL REVENUE.
| notice with great pleasure the statement
of the Secretary that the receipts from in
tcrnal revenue have increased during tn,
last fiscal year nearly Sl2 100000, and that tho
cost of collecting this larger revenue was
less by sD,Gl1 than for the same purpose II
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 unostentatious methods
| The percentage of dCscrtions from the army
tan eva for which both Congress and the de
partmrnt have long been seeking remedy
hus been reduced during the past year "a pei
cent. ana for the months Of August nnt
September, during which time the favorable
effects of the act of June Ii were felt, 30 pei
! cent. rs compared with the same months
1889
OFFICIAL RECORDS.
The results attained by 4 reorganization
and consolidation If the divisions having
charge of the hospital and service records o
the volunteer soldiers are very remarkable
This change was effected in July, 1859, and a
that time there were 40.6ji cases awaiting at
tcntion, more than half of these being call
, from the Pension Oncc for Information nee
, eSSnry to the au1uulrdtlOn OF pension claims
. ON the Both day OF June last, though over 300,
. 600 new calls had come in, there was not
, single case that had not been examined an
answered.
COAST DEFENSE WORKS AND ORDNANCE.
: concur in the recommendations of tn
,, ,, | Secretary that adequate ana regular appro
: | priatons be continued for coast defens
| works and ordnance. Plans have been prac
| tcally agreed upon and there can be no goo
, | reason for delaying the execution of then
while the defcnsclcss state of our great sea
| ri IN ia ma
. expedition. -
The encouragement that has been cXtende
, | to the militia of the states, generally, an
z most appropriately, designated the INA
. tional Guard" should be continued and en-
n largcd. These military organ lzations const
a tute, in n large sense, the army of the Unite
= States, while about i've -siXths of the annut
cost of their maintenance is betrayed by til
state.
THE DEPARTMENT OF JUSTICE.
a The report of the Attorney .General Il
a under the law, submitted directly to Con
y gress, but us the Departments of Justice
q q reference to the work done is appropriat
!. here. A vigorous and, In the main, eiectlV
q effort has been made to bring to trial an
g punishment all violators of the laws; but, q
= the same time, care has been take that fri,
. olous and technical offenscs should not D
;. used to swell the ees of the officers or
" haruss well -dispostd citizens. Especlhl a.
, tention Is called to the facts connected wit
l. the prosecutions OF violations OF the electio
r. laws and olienscs against lnlted States on
y GERS. The number of convictions sccurt'
u very many of them upon pleas or gulit
% will, 1t is Hoped, have salutary restralniii
4, Influence.
% THE POST OFFICE DEPARTMENT..
- The report of the Postmaster 'Gener
u, u, shows the most gratifying progress IN GU
~ important work committed TO ms dircctlo
~ The business methods have been great
60 Improved, large economy n eapGna q pm q
N lures and an an increase s roa,,zsd oi H''ogy n
~ M.