The Globe-republican., 1890-12-03

After the first of January look out Tor
SQUALLS. The democrats are determined
to defeat both the federal election bill,
and the bill for the reapportionment
under the eleventh census. and conse-
uuently the republicans must be con-
stantly on the alert. But there are other
measures besides the apportionment and
election bills which make it desirable for
the republicans to have full attendance
of their party. They have constructed
their program for the session on pretty
large plan. and it will take hard work to
carry it out. 1t is very important that
the two steamships subsidy bills and
several railroad and land bills be passed
during the session, and there are many
other measures on the calendar which
they are anxious to get rid of. The chances
are. while the democrats will not try to
defeat the appropriation bills for the
purpose of necessitating an extra session,
that all these bills will receive full dis
cussion, the purpose of the minority be-
ing to show that the republicans have
been extravaganza. This and the defense
of the majority is liable to take up con-
siderable time. The pension appropria-
ton bill and the deficiency for pensions
will receive particularly earnest discus
sion.
Representative Mckinley reached Wash
ington yesterday. Apparently be does
not mourn over his defeat, but on the
contrary an expression of contentment
rests on his placid cOuntenance. He is
of the opinion that defeat has its advan-
tages; that the republicans now have
nothing to do but to get together and
work so as to carry the country next
time. He does not think that any great
success will attend an attempt on the
part of the democrats to destroy the Nc
Kinley bill by dealing with one article at
a time in separate bills as proposed by
Senator Vest. Such bills would be sub
ject to amendments and it would be diff
ficult to keep the measure within the
lines designated.
Gen. Casey, the Chief of Engineers
of the Army, in his annual report, makes
many important suggestions in regard to
harbor and coast defences and submits
the estimates of appropriations required
for 1891 80 as follows. For construction
of gun and mortar batteries at Boston
harbOr, New York harbor, Hampton
Roads, Washington and San Francisco
harbors, 81 ,735. 900; for purchase of land
for Notifications, $500 900, for protection,
preservation and repair of Notifications,
s175, 600; for preparation of plans for
$4,000; for protection of
the shore at Fort Monroe. Va, So, 900;
for artesian we'll ut Fort Monroe, Va,
$40, 600; for purchase of submarine mines
and pecessary appliances to operate them
for closing the channels leading to our
principal seaports, s25O,OOO. For con-
tinuing torpedo experiments and for
practical instruction of engineer troops
in the details of the service, $50. 900. For
of wharf. etc., at the torpe-
do station at Yerba Buena Island, CAL,
&c., 900, making total of $2,99S, 900.
The Comptroller of the Currency, Col.
Lacy. furnishes many interesting facts
in bis report. The number of active
banks on October 81, 1890, was 1867,
which is an increase on any previous
date. These banks have in capital stock
1858, $50 1865, bonds deposited to secure
$4,000, 900, and bank notes
outstanding sl79, 755, 643, including s54.-
7s6, 9O7 represented by lawful money de-
posted to redeem circulation still out
standing. The gross decrease in circula-
ton during the year, including notes of
good banks and those of failed and liqui.
dating associations, was So. 267 ,772, and
the decrease in circulation. secured by
United States bonds. was s5.24S,549. On
October 2. 1890. the date of the last re-
port of condition, $3.50 banks were open
for business. The Comptroller express
ses the opinion that the evident lack of
currency necessary to the proper con-
duct of business during the last few
months is greatly aggravated by the re-
tirement of the national bank notes.
which form of paper money alone pos
sesses that elastic property SO essential
in perfect circulation.
The receipts from all sources of inter-
nal revenue for the current fiscal year.
as estimated by Commissioner Mason,
will aggregate sl45, COO. 900. He has care
fully kept in view the reduction made in
tax on tobacco and snuff. and the repeal
OF the law imposing special taxes on
dealers in tobacco. manufacturers of TO-
oacco and cigars. and peddlers of tobac-