Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1890-12-08

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last year promise to be soon appar-
ent.
The beneficial working of the new
extraditIon treaty with Great Britain
is already evident.
The difference touching the Behring
sea fur seal question is not adjusted.
Her majesty's offer of submission to
arbitration has not been accepted, be-
cause the form of submission pro-
posed, it is not thought, would as
sure a conclusion satisfactory to
either party. 1t is hoped before
another sealing season the United
States will be assured property
right derived from Russia, and not
disregarded by any nation for 80
years preceding the outbreak of the
existing trouble.
In the tariff act duties are levied
on articles included in reciprocity
treaty with Havana without indicat-
ing an exception in that kingdoms
case. | presume this to be interna-
tional, and hope congress will repair
what otherwise might seem breach
of faith on our part.
The president refers to the claims
of United States citizens against
Hayti; the proposed amendment of
the extraditioD treaty with Italy and
the invitation of Italy to take part
in a conference to consider the adop-
ton of a prime meridian from which
to reckon longitude, and approves
his predecessors suggestion that
standing provision be made for ac-
cepting invitations of foreign govern
ments to share in. international con-
ferences.
He refers to the incident of the
seizure of the Allegudo bay railway
by Portugal, the claims of American
and British citizens, and the submis-
sion of the question to three jurists
designated by the president of the
Swiss republic.
Grave and delicate questions exist
in our relations with Japan, but it is
believed that they can and will be
adjusted in a friendly manner.
Our friendship with Mexico was
never more conspicuous than now
nor more hopeful of increased bene-
fits to both nations.
The extent and development of
our trade with the island of Cuba in
vest the commercial relations of the
United States with Spain with a
peculiar Importance and the presi-
dent believes that special arrange
ment in regard to commerce, based
upon the reciprocity provision of the
recent tariff act, would operate most
benefcially for both countries.
The president briefly touches upon
the financial exhibit made by our
showing that the re-
ceipts from all sources for the fiscal
year ending June 80, 1890, were
S463, ,963, ,O8O, and the expenditures
1928, ,618, ,584. The surplus for the
year including the amount applied to
the sinking fund, was $105, ,344 ,496
The treasury statement for the fis-
cal year, partly estimated, shows re-
ceipts from all sources S406,000, 900,
total expenditures from all sources
S354 100000, leaving a surplus of
S52, 100000, not taking the postal
receipts into account.
The loss of customs revenue for
the last quarter is estimated at $685.
900, 700, but from this is deducted a
gain of about $16,OOO,00O realized
during the first four months of the
year.
The president says: "The recent
in the price of silver
has been observed with regret. The
rapid rise in price which anticipated
and followed the passage of the act
directing the purchase of silver bull
lion and the issue of treasury notes
therefor was influenced in some de-
gree by speculation, and the recent
reaction is in part the result of the
same cause and in part of the recent
monetary disturbance. Some months
of further trial will be necessary to
the permanent effect of
the recent legislation upon silver val
ues, but it is gratifying to know that
the increased circulation secured by
the act has exerted, and will continue
to exert, Il most beneficial influence
upon business and upon general
values.
Referring to the report of the Sec
retary of the interior, the president
notes that the cost of collecting the
customs revenue was less last year
than ever before. Concerning the
experience of the members of the
customs administrative board provid-
ed for by the act of June last, he
spoke of the evils they are to correct,
differentiation, resulting in discrim-
ination against honesty, urged the
value of their services, and said high
duties should not be remedied by
quasi-smuggling.
The president calls attention to the
report of the secretary of war as
showing reductinn of "a per cent in
deserters from the army under the
act of June 16; also beneficial effects
of the constitution of the hospital
and service record bureaus. He con-
ours in the secretary's recommends
tions for the regular coast defense
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