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

| changes exposed 10 undue Determinations Sill
! cercy hope that such revision ~ VIII sa'i>N VI"
| legitimate expectations of the Japanese ""'ci"
mcnt and maintain the present and long eNlstlnG
| friendly relations between Japan ana the Ihl'eu
States, will he effected
The friendship between our country ana -''N',o'
born of clos. ncchborhood and strengthened by
many considerations Of intimate intercourse ana re-
ciprocia interest has never been more conspicuous
than now nor more hopeful Of increased dement,
| IN both nations The intercourse OF the TWO
countries by rail. already great, is making con-
slant growth The established Ines ana o'os'
recently projected, add to the intimacy oil 'r''"o
and open new channels OF access 10 lresh "i'"'
of demand and supply. The importance Vi Wv
Mexican railway system will bc fuIther eh'"'o'"'
! 10 a degree almost impossible To forecast " "
| should become Il link in the proJectc" lh"',
| no,to, Railway | recommend that our mission
in the City of Mexico he raised 10 'lc MS '.,
The cordial character of our relations WIZ"
CT; or,op,s tho hone that by the continuance
NJ methods of friendly negotiation much may oc
.ocomn1ished in the direction of an adjustment
~ ncndina questions and of the increase OF our
trade The extent and development oil our u"uo
with ,he island Of Cuba invest the oonih'I'i
rotations of the United States ana Spain WIN
peculiar importance. IL is Hot oou""" ',i"'
special arrangement in regard to commerce. n'S''a
upon the reciprocity provision 0i 'he recent '"ii
| act would operate most bcnenclaly Tor po'"
| Governments This subject is row RECEIVING
| attention
The restoration of the remains OF Johh H'l's'"i
En- Sw,den afforded a gratifying occasion 10 honor
the memory of the great inventor 10 "h"Sc e''""'
our country owes so much, and to bear wi'hcSs
to tho unbroken friendship which has existed
| between the land which bore him ana our OWL
which claimed him as citizen
! On tbc I'd of September last the commission
onnointed TO revise the proceedings OF the com
| mission under the Claims Convention pe'"'tH
| tho limited States and Venezuela of SG6 hroughV
| i,s labors TO n close within the period hAcd loi
that purpose The proceedings OF the a'e con'-
mission were characterized by a spirit oil iii
nartiality and high sense of justice an" ''I
| Incident which for many years the su"Jc.' VI
| discussion between the two Governments h'S "''
| dismissed of in manner alike hohor"'r ANU
satisfactory to both parties for the sc''"i"'''
! of the claim of the Venezuela Steam lI""'P''"'
,ior Comnanv. which was the subject of lo'n'
resolution adopted at the last session OF 'oHs''S''
! negotiations are still Ill PloeIcs'' az"
conclusion is anticipated
ma LEGISLATION of the past few years has "vin'rd
| -, tho mart of Congress a growing rcallza'ol %
tho inheritance of the consular service III l'S"'
inc our commercial relations abroad ana lh P''-
tecting the domestic revenues. As we SUI" VI
onerations expands. increased provision IhuN' w
made to keep up the essential standard "' ''"''
ency The necessity of some aicIu'" ilc"'"'
of supervision and inspection has bcch - "l'''
presented that | need only commend the Su'Ir''
To your attention.
NATIONAL FINANCES.
Tho revenues of the Government from ali
sonrces for the fiscal year ending June "O' i'"''
were S463. 963 $50 -. and the total expenditures
for the same period were S35e,6lN,''i.'!. l'
uostal receipts have not heretofore been iHcI""''
| in the statement Of these aggregates ana ''i
the purpose of comparison thc sum OF S"o'''''-
| 0y7 90 should be- deducted from both sides "l 'h'
| account The surplus for the year, lAcludih- INV
| amount applied 10 the sinking FUND, was HIo'-
| 3I4 1876 o. The receipts for $50 were Sl''o"V''
.o3 20 and the expenditures $lj,130.s'l IN eN-
cess Of those of 1ssg. The customs receipts IN
creased S5,835,s4ess and the receipts from in
ternal revenue SIl,725,19l 50, while on the sidc
Of expenditures that for pensions was $l',5l?,-
O75 90 in excess of the preceding year
Tic Treasury statement for the current fiscal
year, partly actual and partly estimated Is rs
follows: Receipts from all sources 'o'o'ooo
total expenditures 1914 100000. LEAVING surplus
of So. 900, c0O-nOt taking the postal receipts
into the account either side. The loss OF reF"-
nuc from customs for the last quarter is cs'l-
mated at So 1000, 900, bat from this is deducted
gain of about SlG.0O0000. realized during the
first four months of the year.
For the year 1892 the total estimated receipts
are S373, goo, 600. and the estimated expenditures
1857 sj2 ,2O9 AZ, leaving an estimated surplus OF
S15I47.700 IS, which. with "A cash balance Of
, $50 600. 600 a; the beginning of the year. viii
give S67,1I7,300 - as the sgm available for the
, redemption of outstanding bonds or other uses
The estimates Of cccpt, and expenditures for the
Postoficc Department, being equal, are not IN
cluded in this statement on either SIDE
= TIE SILVER PROBLEM
The act directing tie purchase Of silver bullion
and the issue OF Treasury notes thereon, appI"N''
: July II, 1890, has been administered by IRE
Secretary OF the Treasury with an earnest purpo"'
t TO get into circulation at the earliest po'Si''
t dates The full monthly amounts of Treasury n'''
contemplated by its provisions and MT thc San'
c time TO give TO the market for silvc! bullion ""'I
u support D. the law contcmpla,cs. The Tcr'h
& depreciation in the price of silver has been Oh
Z served with regret Tie rapid rise III price Wllic
/. anticipated and followed the PASSAGE Of the ar
IS was Influenced in degree by speculation, an
It the recent reaction is in part the result OF In
IS same cause and in part Of the recent monciar'
l. disturbances. Some months Of further trial WI.
o | he necessary 20 determine the permanent chcc
Of the recent legislation upon silver values bn
If il is gratifying TO know that tc increased crcua
y ton secured by the act has cArr,cd and Wi
continue 10 exert a most beneficial influence Hpo'
3 business and upon general values
,e While il has not been thought best ~ rcnc'
&c formally the suggestion Of an International con
n ference looking TO an agreement touching IN
If full use Of silver for coinage at uniform RATE
Ic care las been taken TO observe closely any chah@
> in the situation abroad, and no favorable oppoi
f. tunIty will he lost 10 promote result which
n is confidently believed would confer very ar1
benefits upon the commerce of the world.
10 The recent monetary disturbances IN Lngan
~ are not unlikely TO suggest a rn-cNamlnati"n &
,d onininns nnon this subject Our vcry largo SNppI