The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1891-12-19
The business of the world requires the

sentiment in Europe upon this question
and have not found it such AS to justify
me in proposing an international con-
ference. The exports of gold to Europe,
which began in February last and con
tinuc1 until the close Of July, aggre-
gated over seventy millions Of dollars.
With the movement of crops the out
flow of gold was speedily stopped and Il
return set i'll. Up to Dec. we had re-
covered Of our gold loss at the port Of
New York 81 ,S54 900, and it is conf
IDENTIFY believed that during the winter
and spring this aggregate will be stead
lily and largely increased. ..-. .z
The Surplus.
The presence Of Il large cash surplus
in the treasury has for many years been
the subject of much rnfitvorable criti-
cisn and has furnished an argument
to those who have desired to place the
tariff upon Il purely revenue basis 1t
was agreed by all that the withdrawal
from circulation of So large an amount
Of money Was an embarrassment to the
business of the country and made nee
essary the intervention Of the depart
ment at frequent intervals to relieve
threatened monetary panics. The sur
plus on March /, 1850, was SlS3, SCI
19o.29 The policy Of applying this sur
plus TO the redemption of he interest
bearing securities of the United States
was thought to be preferable TO that of
depositing It without interest in selected
national banks. There have been re-
deemed slhce the date last mentioned Of
interest bearing securl1es, S239,619, ~;
resulting III "A reduction OF the animal
interest charge Of 81 Gsl, 30. .r....
The result of this policy, Of the silver
legislation, and of the refllnling Of the
4. per cent bonds has been large in
creAse 81 the money III clrGntatloH. AT
the date last named the circulation was
Sl,)Ui ,2o5. S9G. Or S.3.ui per capita;
wllle On the tl1st day 81 December 1S9l,
II lad increased 10 Sl,pn b.,pV, OF
W. IN TT "'tihfa
IL Wananal<cr'. nailiwicl
IN the ru,,ort of th. ,,o..t,uast,., r,l.,,ar.
N some very gratifying results are cX-
i'1'''I5' n, ''tt uniy ,3slteiillc,.tS I s'iSsea1
5'4t't - IT. isl2. ai,'M, a.
- ~ 'lSt,'' ,.tl.i ''iTe
,.l,.,,.,,,t.rig, l1l;'r.,.
o. H. -
n, ,l.,.,,,,,,S- - H. ~ w 4S.,
'' i,ti; - ~, - 2'i'I'
r'1 :S' 4 I n @ @v''l.
ltuy 80, 4Nl '1.t go
.,,..I,,, . ~ w ~ w - -
# t'lI.',%5 5.'.1. l,.
+.Itlig,,,,.t
S!l,tI t.,i .i5,t - - ~
N .|tlllt't i-IS'' W. il!'lo''Fs
,{n,1 ~ -. ., ''''''tI'l ~ ~ W
,;,n, +i,c' ,t,i;,,,. - t'n",
r. T. ~ - - ~
-, ~ = .t'>'A ''ii' III
1,i,,t+ +I,,,,,t..l,1 H.. - a,.i
,.r,.i' ,,., taIIi,', nv l.s31'
.s.,,ls w., |a, ~, i1!,,, .po'i l't.
tons in the great cities has been in
creusc,l ut,oilt twelve. Ter ceIt whil,. the
percentage ,,F error, in dis,rij,f,,;n,I has
during thu Iryt vrar. la, rclncsi over
on4-half in aI,prf,1,riaii0n was oiyrn
IL tie I..-t CONGRESS ior The ,,f,rroSt 81
r,.,is'ns ,%,,s'@ ,s,eealnents ~ free de.
Inc results oi these aEnhrlnr1TE liave
hee. 50 satisfactory that tile postmaster
general recommends and concur in
the recommendation TIA the free de-
,jyery system he at once extended 10
towns Of 5,0o0 population. Ills disrns-
sion Of the Inadequate facilities cX
tended under our present system to
lNfHt c2'nl1luAill&S @3H! hlS S'itsE'7 i@HS
a fuller na1lici,Iu1ij,u IN t1Ie 1I.nrf5; of
n IN. ,,sst1.l sa;.yi,.a.ar,. ,y1rthv Of yGur
..ar,if,1 ,,|,sEi=i ,@.+;g,,
;,.z.. ,',.,,.tl,. Y.,,,,,,,.,. ,,,,, ,...
x,%,. z X ~, l,'3i &c. +,,,i,
sl,,,,i1 ~, ,,,,,,,f5.ff,I.,, ,,,td tr
the nn,t,,f1ic.. for il In+ to ,4ay !, ralt
~, ! h,,y - ,,.hicl1 II ,,Iarn II r. tn V.,,;,
~. - +r,1, ~ ;, ,ta.,aral l4iiyc,v witd,'y.
,1;in :. .ba ''' . - ra.innt ~ III. mn,
,S,,,,,,1,t ~ t5a,,,, ~ /, i stt,.,] +h.
y. =, nnn 5,.n,ll. w.. ,,,lIrv
,o' t,o .,to,n le;,,;nt ,u;l -,
49, 49, l,tfil..n ,..bn,.n ,,,,,r,., lll..rs ma
9s.oi',I1 o. ,,ot s,,,a1 Tha nxt,.l
s,,Sta,ns ~ tl.t 1nn1,n;
tis.' tio ~ Ill, j;,,I,la 1,n,,tr,,n.
~ 49,. 49,. ,,.,s,,,s.1 If 40
otha,. f,l.;l,i4s .tr.r,1 i, ,nn, ,,o,,i1,5,.;
co,n,n1,,;tins ] fnr t,,c tra,,s,niSsin, nr
small s,,,ns nf ,nn,a,. '''''>-'l'
+z,,,'S,1., ~
- aasr' ~ q me- 9''r 70 tio 1rte.t''
- ~ e't,,a ~, ~ % ~
TN ,tl"' ~
. ti'3'i "ie'i 't''s l'''''ssA '>''1 ' lee'
Ocean Mail subsidy.
In n,,rs,,a,1rp Of thc ocn;Y, n,nil law rf
Nar,t, i 1co4 .r,i ,ft,,r ;, met ,.ar,f,,
str1y Of fine wh,,,i subject and frcui,cnt
conferences with ship owners boards Of