The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1891-12-10

Subsidy Quostiou-The Matter of Imni- |
gration to be Made the Subject of a
Special Comm up ication to Congress.
WASHINGTON, Dec TO- The report OF
Secretary of the Ire asury Charles Fos-
ter shows the receipts of the depart |
ment for the fiscal year ending June 30
to have been $45S, 544, 233. O3 and the ex-
penditures $l21, 304, 40. 49, leaving
surplus Of S31, 290, 763 81. To the latter
sum was added S51 2O7, 975 81. deposited
in the Treasury under the act of July
49, 1890 for the redemption Of national
bank notes; 80, 343, 715 deposited during
the year on the same account; 49, $40 re-
received for 4per cent. bonds issued Tor
interest accrued on refunding oertili
Gates converted during the year. and
| S34, 1872, 1913. 10 taken from the cash
balance in the Treasury, making a total
of $13l 947, 53j. AZ which was applied to
the payment of the public debt.
As compared with the fiscal year of
] 1890, the receipts for 1891 fell off So,
4lS, S41 81 There was an increase of
| S5I, $50, 1913 Ii in the ordinary expendi-
lures included in which was the itemi
"retund of direct taxes, S1l, 52l. 40L "
|
mendation OF his predecessor for re-
coinage of the uncurrenU silver coins in
| the Treasury.
The amount OF money in circu latio on
has been very largely increased since the
close of the fiscal year. The amount
July /, 1891, was 81, 497, 44O, 1O7, and the
amount per capita tax was S33 IL. The
return of gold TO the Unite States, the
operation Of the Silver Act of July II,
| 1890, and disbursements by the Treas
ury on account of the 1-2 per cent.
loan, pensions. etc, nave enlarged the
volume to 81, 577, 282, ,07O and the per
capita tax to 1874. 3S.
The value of our foreign commerce
imports and exports of merchandlse-
during the last fiscal year was greater
than for any previous year. 1t amounted
to 81, 739 391, 006, as against 81, 647, l39
O93 during the fiscal year 1890, an in
crease of $62, 257, 9l3.
The value of imports of merchandise
also during the last fiscal year was the
largest IN the history of our commerce,
amounting to $S44 916, 1876, as against
$780, $40 4O9 during the fiscal year 1890,
an increase of 800, 605, 7S7.
The value of the exports Of merchan-
disc during the same period was 1884, =
4S0 900, as against 1857, 1928, 6s4 for the
previous fiscal year, $780, an increase of
$26, 652, 1875. The exports exceeded the
importa of merchandise $50, 564 GA.
The appropriation by the last Con-
gress of a sum to compensate American
built steam ships for carrying the mails
will greatly encourage the building of
ships in the United States of the class
to which the benefits of the act are
limited, namely,s those capable OF a
speed in many cases OF more than 20
81 4
miles, without coaling, and will tend to
the recovery of our share of the ocea n
carrying trade of the world, in compe-
tition with the steamships of Great
Britain, France and Germany.
Those nations, together with Spain
and Italy, have subsidized their lines of
steam vessels in one form or another
and they carry most of our exports,
which are usually products of bulky
nature, and constitute very large and
profitable portion of the commerce Of the
. world.
Our annual customs receipts SC carcely
exceed the money paid annually to the
owners of foreign vessels for the ocean
transportation OF our people and mer
chandise. most of which large sum oil
about $780, 900, 900 would be paid to our
vessel owners under the fostering in
. huence of friendly legislation.
} With the approaching exhaustion o
J the supply of free arabic land in tht
United States only a trifing p9rcentag,
of immigrants now engage IN farming
on their arrival in this country, what
ever may have been their former occupa-
J tion. The vast majority of them crow
: into our cities aud large towns, with tie
J. inevitable result of oyerstocking the la
/. bor market aud depressing wages, while
! the least efficient and more vicious
among them soon drift into our poo
houses and prisons, to be continuing
burden upon our people The laws al
4 ready enacted by Congress for the pur
Q pose of checking this tendency and pre-
, venting che mischief Which would resul
! from Unrestricted immi grafton have ac
Z oomplished something
2 The attempt to.enfOrce these laws eh
GENTLY has also developed body OF in
formation, based on actual experience
a which should be invaluable in frsminl
{ ! future legislation. While the applica
- uion OF existing laws has very greatly
dimin shed some OF the spec fc abuses a
which they were aimed, it obviously ha
not prevented large increase in tht
total volume of immigratioa and = dis
tinct deterioration in its average qual
ity.
Secretary Foster will address a specia
com munloaJou 10 Congress On tis Su v
ject o, immigration, IN which he viii
] recommend additional restrictive meas
Il. ures.
Any legislation looking to exclusio
Of the Chinese will fail of its purpose 8
In long as the Canadian Government ad
,oI mits Chinese laborers to Canada
pc. whence, armed with Canadian permit
% to leave and return TO Canada AZ pleas
eat ure, they are ut liberty to invade on
territory along its entire norther
q frontier.
look
,sIl 1Ih WIN Vote with the Democrats