Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1891-12-09

General Prosperity and Contentment.
Ii may be argued that our condition would
he better II our tariI legislation we're upon a
free trade basis; but IL cannot he denied that
all the conditions of prosperity and Of general
contentment are present in larger degree
than ever before ia our history, and that. too,
just when II wa- pruphesicd they would be in
the worst state. Agitation for radical changes
ia tariff aud financial legislation cannot help,
but may seriously impede business, 10 the
prosperity Of Wi.ch some degree Of stability In
legislation II a. Vutiul think there are con-
elusive evidences that the new tarif has cree
ated several great industries which will,
within "A few years, give employment 10 sew
,ral hundred thousand American workingmen
and women. In view Of the somewhat over
crowded condition of the labor market OF the
United States, every patriotic citizen should
rejoice AT such "A result.
Last Years Revenues and Expenses
The report of the secretary of the treas.
ury shows that the total receipts of the
government. from all sources for the tis-
cal year ending June 10. 1891, were 453,-
5ii, ,03 while the expenditures for the
same period were 1921 ,3O4. 40. ~, leaving a
surplus of So, 239, 16a. 81 The receipts Of
the fiscal year ending June 30 1892, actual
and estimated, are Si33, 900. 900, and the eX-
penditures S409 900. Forthe fiscal year
ending June 30, 1893, the estimated re-
ceipts are s455, ,336, $50, and the eXpendi-
lures s44l. 3OO,093
silver Bullion.
With regard to the prophecies Of the anti
silver men, that the coinage of S2,000000
per month would create disaster, they were
not wide of the mark The president says
that he is still of the opinion that the free
coinage Of silver, under existing condi-
. tions, would disastrously affect our bust
ness interests AT home and abroad, and
that we could not hope 10 maintain an
equality In the purchasing power Of the
gold and silver dollar in our markets and
in foreign trade the stamp gives no added
value to the bullion contained In coins.
The producers Of the country, its farmers
and laborers, have the highest interest
that every dollar, paper or coin, Is
sued by the government, shall be as good
as any other. If there is one less valuable
than another, its sure and constant errand
will be TO pay them IoI iheir toll and for
their crops.
oar SILVER Exports Exports Reduced.
After comparing our silver standard
with England's and referring 10 the re-
duction of the export of domestic silver
during the past year, the president says:
The producers 0t silver are entitled 10 your
consideration, but they should not forget that
/ the government l. now buying and putting out
of the market what j. the equivalent of the
entire product Of our sllyuP mines. This is
more than they Themselves thought of asking
! two years ago | believe il is the earnest de-
sire of a great ma JOrty o. the people as il Is
mine, that full coin use shall he made of sill.
yer just as soon a. the cooperation of other
nations can be secured aud ratio fixed that
will give circulation equally 10 gold and silver.
/ The business Of the world requires the use of
both metals; but | do not see any prospect of
gain, but much Of loss, 10y giving up the pres
ent system, in which full use Is made of gold
and large use of silver, for one in which sill
yer alone will circulate. such an event would
be at once fatal To the further progress Of the
. silver movement
Europe Wants silver.
The true friends of silver will he careful not
TO overrun the goal and bring its silver none
tiZation, with the necessary attendant loss Of
| our gold To Europe, aud the relief of the pres
sure there for larger currency. ! have en-
deavorod, by the use Of official ana unofficial
agencies, 10 keep close observation Of the
state Of public sentiment i'm Europe upon this
question and have not found II Hebc such as
to Justify me in preparing an intcrnationa con-
ference, There il, however, | am sure,
growing sentiment in Europe in favor of "A
larger Use of silver, ana ! know of no more
effectual way OF promoting this sentiment
than by accumulating gold here, 4 scarcity
of gold in the European reserves will be the
most persuasive argument for the use OF silver.
The president alludes To the retirement
Of Secretary Proctor from the cabinet, and
says that his report exhibited the results
of an intelligent, progressive, and business
like administration of "A department which
has been 700 much regarded rs one of mere
routine. The separai Jon of Secretary Proc
tor from the department by reason of his
appointment rs senator from the state
of Vermont was "A source Of great regret
TO him and to his colleagues ih the cabi- ,
net. and h9 was sure it was to all those
who have had business with the depart /
ment under his charge. In the admnistra- /
tion Of army affairs some especially good
work has been accomplished. The efforts |
of the secretary To reduce the percentage Of
desertions by removing the causes that !
promoted IL have been so successful as to
enable him to report for the last year a
lower percentage Of desertion than has
been before reached in the history Of the
army. The resulting money sayingis CON
siderable. but the improvement i'm the NOR /
ais of the enlisted men Is the most Valu- |.
able incident Of the reforms which have
brought about this result
Oar Harbor Defenses.
The work of securing sites for shore bat
teries for harbor defense and the manu-
facture Of mortars and guns Of high power
to equip them have made good progress
during the year. The preliminary work of
tests and plans, which so long delayed a
start, is now GYt of the way. Some guns
have been completed and with an en-
larged shop and a more complete equip
ment AZ Watervliet the army will soon DO
abreast of the navy in gun construction.
Pensions and Records.
The great work done in the record and pen
sion division Of the department By Major
AinswOrth of the medical corps and the clerks
under him. Is entitled to honorable mention
Taking up the work with nearly 4,UU cases
behind, he closed the last fiscal year without a
single case left over though the new cases had
increased 81 per cent. in number over the
previous year by reason of the pension legisla-
lation Of the last congress.
The president COnCurs i'm the recon.
Of the attorney general that
the right in felony cases t0 review by
the supreme court be limited
The Chinese Exclusion Act.
The enforcement 10y the treasury depart
ment OF the law prohibiting the coming Of the
Chinese 10 the United States has been efec-
tive ~ To such ~ seek 10 land from vessels en-
ports. The result Ia, been 10 dl-
vert the travel 10 vessels entering the ports u
British Columbia whence passage into the
United States at obscsrc points along the
boundary !. easy. very consider
Il. - 4 H.