The enterprise. [volume] (Wellington, Ohio) 188?-1899, 1891-12-23

ably 30 burning In China but recent unofficial
gnraaa a indicates tnat what was a. nrst re-
foreignefs has assumed the larger form Of an
insnrrection 10 INST pnblio order. gIL
The Chinese government has declined 70 re-
ceive Mr.. Blair as the minister OF the United
States on the ground that, as o participant
while senator In toe enactmeut OF the exist
ing leglsla ion against the Introduction OF Chi.
nese laborers no has become unfrien1ly and
Objectionable 70 China Ihave felt constrained
70 point out 70 the Chinese gov rnment the un.
tenablene's OF this pos tion, which seems 70
rest as much on the unacceptability OF ourieG-
siation as on that OF the person chosen,
ARBITRATION. \ ~
The arbitration treaty formulated By the In
ternational American conference lapsed by
reason OF the failure 10 exchange rati1cations
fully within the limit OF tins provided, but sew
era OF the governments concerned have OK.
pressed desire 70 save this important result
OF the conference b. an extension OF the period.
~ ~ 10 my judgment incumbent upon the
UNITED states TO conserve the initiative II has
,a ,aHen IN THIS measure BY ratifylng the instru-
Ton OF the time for exchange These Vows
nave been ma 10 known 70 the other signatorieA
REGARDING JEWISH PERSECUTION IE'HUssIA.
This government has found occasion 10 or.
press In friendly spirit, but with much earn
serious concern because OF the harsh measures
now being enforced against the Hebrews in
Russia BY the revival OF antisemitic laws.
tunate people nave been constrained TO aDan-
don Their homes and leave the empire by reason
OF the impossiblity Of nnding subsistence
within the pale 70 which IL is sought 10 connne
tnem The immigration OF these people TO the
United States many other countries being
closed 70 them-is larg ,ly increasing and
nkely TO assume proportions which may make
II dinioult 10 ind home and employ
ment for them here and 10 seriously affe the
labor market II Is estimated that over ono
m llion will be forced from Russia within few
years. The Hebrew is never beggar; he has
always kept the law-often under severe and
oppressive evil restrictions 1t Is also true
that no race, sect or class has more fully cared
foe It's own than the Hebrew race But the
sudden transfer Of such q multitude, under con
ditions tnat tend 70 strip them OF their small
accumu nations and TO depress their energies
ana courage, Is neither good for them nor for rs.
The banishm mt whether by direct decree or
Dy not less certa indirect methods, OF so large
number OF men and wom-n Is not . local
question. decree 10 leave one country Ia. in
the nature OF things an order 10 enter another.
This consideration, as well as the suggestions
OF humanity. furnishes ample grouni for the re-
monst na ances which web We presented 70 Rus
sia' while our histo tc frien iship for that gov.
eminent can not fail 10 give the assurances
well wisher rLn|I - -
THE sIcARAouA CANAL. ia
The annual report of the Maratime Canal
Company: Q. Nicara ua. shows that much cost
done during the year In the construction OF
shops. railroad tracks. harbor piers and break
waters, and that the work Of canal oonstruo.
. matter Of the highe i coneern 70 the United
states that this canal connecting the wIters
OF the Atlantis and Pacific oceans, giving us .
short water communication between our ports
constructed and at the smallest pra' tIoabie
limit OF cost The gain in freights 70 the pso-
pie and tho direct saving 70 the government Of
the United Statee In the use Of naval vessels
would pay the entire cost OF this work within . |
short series Of years Tho report o the ssore-
tary OF the navy shows tho saving In our naval |
expenditures which would result
this work is 70 be promoted BY tho usual |
government the expenditures VIII probably be |
twice the actual cost. This will necessitate |
higher tolls and, constitute > heavy and mood
less burden upon our commerce and that Of the |
world Every dollar OF the bonds and stock Of |
the company should represent o dollar en- |
pended in the legitimate and economical prose |
cution Of the work This II only possible By |
Bvlng 70 the bonds the guaranty OF the United |
etates government Such guaranty would
secure the ready sale st par OF ss pcr cent
bond, from time 70 time, as the money was L
nc ded. DO not doub, that built
would. ~Ssn 1'ij fully u.aTa is.aSara.sd o earn earn
Us nxed charges and operating expenses.
A guaranty Of the bonds OF tho canal company |
70 an amount necessary 70 tho completion OF /
4
70 involve any serious risk Of ultimate loss. The
things 70 be carefully guarded arc the com. 4
pletion OF the work within the limits the |
guaranty; the subtugation Of the United States
for any amount IL may have 70 pay, and 10 the |
meantime control OF the stock OF the company
as security against mismanagement and
lost l most sincerely hope that neither
this great American project. 90 full Of In
forest 70 the people OF all our states and 20 IN
huential In It's effects upon ther prestige and
prosperity OF our common country iu- /
EFFECT or rARIYF LkoIsLATIoN.
+. The general interest in the operations OF the
treasury department has been much augmented
during the lastye 7 by reason Of the conflicting |
predictions, which accompanied aud followed
the tsrin and other Legislation Of the last con
gress affecting the revenues as 10 the results
OF this legislation upon the treasury and upon
the country On the one hand 10 was contendeI
that Imports would so fall OF ss 10 leave the
treasury bankrupt ana that tho prices OF arii.
cles entering into the living OF tho people would
be 30 enhanced as 70 disastrously a.fect their
comfort and happiness, while on the other 10 was
argued that the loss 20 tae revenue, nr2ely tho
result OF placing sugar on the free list. would be
alrsct gam 70 tne peopl !; that tha price of tae
protected. would not oe enhanced; that labor
would have q larger market and the products OF
IN farm advanced prices; while the treasury
surplus and receipts would be ndequatc 10 |
meet the appropriations Including the large
expenditure Tor the rofundlng 10 the states Of |
tho direct tax and the redemp ion OF tns q
per cent bondL II u not N I purpose to enter
~ any length into discussion OF the elects
" IN legislation 10 which have referred but
brief examination OF the statistics OF the treas
1ry and general glance at the state OF business
throughout the country WILL think satisfy
sny impartial inquirer that ts results we dis.
appointed the evil prophecies OF It's opponents |
and IN largo measure realized tue hoDofnI pre-
iictions Of ITS friends Rarely II ever before in
he history OF the eountry has there been
lime when the proceeds OF one days labor or /
he product Of one farmed acre would purchase
70 largo m amount OF those things that enter |
INTO tho living OF the masses OF tne people.
)elievo that full test will develop the fact |
hat the tari1 act Of the Fifty first congress Is
'ery favorable In lis average effect upon the
,rices OF articles entering into common use.
Daring the twelve months from October I.
81. 10 September 30 ls9i, the Total value oi !
,omb, ned was 1l,7n,H so, va which was ths
argest OF any year In the history OF the United
states The largest In aay previous year Was
n lseo, when our commerce amounted 70 81 |
a, l3a 90 and the last year exceeds this enof
nous aggregate by over one hundred milliona
During the year ending September "a 1871
'ur imports o. merchandise amounted 70
more than eleven million doftars over the value
" the imports OF tho corresponding months OF
he preceding year when the imports Of NOR 4
handise were Unusually large In Anticipation
u tno tarln loklbiAtlOn tnon pendlnS Tno Nv
rage annual value OF the imports OF merchan.
lse for the tan years from 1871 70 lso0 was go,
-. 81, and during the year ending September /
0, tt9l. this annual average was exceeded by
i89 52a 43g rErarf fnrtfffr. : 4 \
the value Of free imports during ths twelve 4
months ending September 30 1891 was SliS,- /
% 3o7 more than the value OF free imports !
ur.ng the correspond ne twelve months of the !
'roceding year, and there was during the same h
'eriod decrease OF sIO6 $50 5u9 in the value Of
IMPORTS Of dutiable merchandise. The percent | !
go OF merchandise admitted free OF duty dur. | i
ng the year 10 which have referred. the hrst 4
nder the new tariff was ~ IS while during /