, 1891-12-10

charged, no criminal charge being lodged
against any one OF them, shows very
clearly hat they were innocent Of any
breach of the peace. So far as | have
vet been able to learn no other explana.
ton of this bloody work has been sug
gested than it had its origin IN hostility to
those men, as sailors of the United States,
wearing the uniform of their government,
and not an individual act or personal ami
mostly. The attention of the ChIllan
government was at once called to this
affair and a statement of the facts OBJ
tanned by the investigation we bad con
Quoted was submitted, accompanied by a
request to be advised of other or quail
fving facts in the possession of the
CbilIan government that might tend to
relieve this affair of the appearance of an
insult to this government. TIE Chilian
government was also advised that if such
qualifying facts did not exist this govern
ment would confidently expect full and
prompt reparation. 1t is regretted that
the reply of the secretary for foreign
affairs of the provisional government was
cOuched In an offensive tone.
AWAITING II RESULT.
To this no response has been made.
This government is now awaiting the re-
suit of an investigation which has been
conducted by the criminal court at Nalpa-
raise. 1t Is reported officially that the in
vestigation is about completed and it is
expected that the result will soon be COM
municated to this government, together
with some adequate and satisfactory re-
Spouse to the note by which the attention
of Chile vas called to this incident If
these Just expectations should be disap-
pointed, or further needless delay inter
veno, | will by a special message bring this
matter again to the attention of congress
for such action as may be necessary.
THE TARIFF BUGABoo.
The interest iu the operations of the
treasury department has been much aug
mented during the last year by reason of
the conflicting predictions which accom-
panied and followed the tariff and other
legislation of the last congress affecting
the, revenues as to the results of this leg
isiatiOn upon the treasury and the country.
On the one hand it was contended that
imports would so fall off as to leave the
treasury bankrupt, that the prices o. arti-
Giles entering into the living OF the PEOPLE
would be so enhanced as to d~isastrously af-
feet their comfort and happiness, while on
the other hand it was argued the loss to
the revenue was largely the result of plac-
ing sugar on the flee list and would be a
direct gain to the people; that the prices
of the necessarles of life, including the
most highly protected, would not be en-
HANGED; that labor would have a larger
market and the products of the farm ad-
vancod prices.
TIL NC KINLEY ACT
While the treasury surplus and receipts
would be adequate to meet the appropria-
tons including the large exceptional ex-
penditures for the refund to the states of
the direct tax on the redemption of the
Al per cent bonds. it is not my purpose
to enter at any length into a discussion Of
the effects of the Legislation to which |
have referred, but, a brief examination of
the instances of the treasury and a general
glance at the state OF business through
out the country will, | think. satisfy any
impartial inquiries that its results have
disappointed the evil prophecies OF its
opponents, and in a large measure realized
the hopeful predictions of its friends
Rarely, if ever before in the history OF
| the country has there been a time when
the proceeds of one days labor or the
product of one larmed crop that could
purchase such a large amount OF things
that enter into the living of the masses of
the people. | believe that a full test will
develop the fact hat the tariff act of the
fifty first congress is very favorable in its
average effect upon the prices of articles
entering into common use. During the
twelve months from Oct. /, 1890. to
Sept 80, 1891, the total value of our
foreign Imports and exports
combiuedl was 81, 747, SOC. 406. which was
the largest of any year IN the history of
the United States. The largest in any
previous year was IN 1870, when our
announcer 70 Sitof,'loS,uSi,
anu que IaIt year sHGeeG G0o ' 6Go e"orwous
aggregate ny over loo'ooo'ooo
THE SILVER QUESTION.
Referring to the silver question, the
president continues: | hope the depres-
sion in the price of silver Is temporary
and that a further trial Of this legislation
will more favorably affect 1t. That the
increased volume OF currency thus sup
~ "a IL. baro6c;,I ras,Its unon
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