Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1892-12-10

StralEtS eau De aOpilel 10 Tue FcSseis Vi
all countries. The case of the United States
for the tribunal of arbitration has been pre-
pared with great care and industry by the
Hon. John W. Foster, and the counsel who
represent this Government express conf
dence that result substantially establish
ing cur claims and preserving TINS grea.
industry for the benefit OF all nations will
be attained.
CANADA AND THE UNITED STATES.
The controversy as to tolls upon the Wei.
lan1 Canal, which was presented to Con-
gress at the last session by special message,
having failed Of adjustment l felt con.
strained to exercise the authority conferred
by the act of july IS, 1892, and to proclai n
suspension of the free uss OF st. Marys
Falls Canal to cargoes in transit to ports in
Canada. The Secretary OF thu Treasury
established SUCH tolls as wer5 thou yht TO be
equivalent to the exactions unjustly leviei
upon our commerce in the Canadian canals.
r. as we must suppose, the political rela-
lions of Canada and the disposition OF the
Canadian Government ara to remain I'M
changed a somewhat radical revision of our
trade relations should l think, be made.
Our relations must continue to be intimate,
and they should be friendly. regret to say,
however, that in many OF the controversies,
notably those as to the fisheries on the At
lautic, the sealing interests on tie Pacific,
| and the canal tolls our negotiations with
Great Britain have continuously been
thwarted or retarded by unreasonable
| and unfrien fly objections and prot ssts from
| Canada. In the matter of the canal tolls,
| our treaty rights were dagrantly disre-
| gardeJ 1t is hardly too much to say that
the Canadian Pacific AMI other railway
lines which parallel our northern boundary
are sustained by commerce having either It's
origin or terminus or both, in the United
States. Canadian railroads compete with
those of the United States for our traffic
| and without the restraints OF our interstate
commerce act. Their cars pass almost with
out detention into ami out OF our territory.
There is no disposition on thu part of the
! people or Government of the United States
! to interfere in the smallest degree with the
| political relations Of C4na1a. That gu sstiol
/ is wholly with hsr own people. 1t is time
| for us, however. to consiier whether, il tbs
! present state of things an l treut of things
| is to continue our interchanges upon lines
of lani transport alton SD 1uil not b, put up.
on different basis. an our ent re in ie-
pendence o: Canadian canals and of the St.
Lawrence as an outlet to the sea secured by
the construction of an American canal
around tae Falls of Niayata All the open.
ing of ship communication between the Gre ut
likes aud on9 OF our o gn ssap1rtsI
We should not hesitate to avail ourselves
of our great natural trade advantages. We
should withdraw the support which is given
to the railroads AMI steamship lines of Can
ada by traffic that properly belongs to Us.
duu NO iOuSST Tile WuIcd
tighten the otherwise crushing weight of the
enormous public subsidies that have been .
given to them. Th9 subject of the power of
the Treasury to deal WITH this matter with
out further legislation has bean under con-
sheraton, but circumstances have post
pom ID conclusion. 1t is probable that a
consideration OF the propriety OF mod;fica-
ton or abrogation of tbs article of the
Treaty of Washington relating to transit of
goods in bond is involved in any complete
solution OF the question.
The CHILEAN TROUBLE.
Congress at the last session was kept ad-
vlsed of tbs progress of the serious and for
time threatening difference between the
Unite States AMI Chile. 1t gives me now
great satisfaction to report that the Chilean
Goverum snt, in most frieadly and honor
able spirit, has teadere an pail as an in
IDENTITY to the families of the sailors OF the
Baltimore who were killed and to those who
were injured in the outbreak In the city of
Valparaiso the Su n OF $4,000. This h as been
accepted, not only as an indemnity for n
wrong done, but as a most gratifying evil
denc9 that the Government OF Chile rightly
appreciates the disposition of this Govern
inent to act in a spirit OF thu most absolute
fairness aud frien Illness in our intercourse |
with that brave people. A further a nd con-
custve evSsnce of the mutual rsspac and |
confidence now existing is furnished BY the
fact that convention sub hitting to arbitra-
ton the mutual claims of the citiz eas of the !
respective GJvernmsltS has been agreed /
upon.
THE ITALIAN AFFAIR.
The friendly act Of this Government in
expressing to the Government of Italy its
reprobstion and adherence of the lynchng !
of Italian subjects in New Orleans, by the |
payment of 12j 900 francs, or $34, $50. 90, was
accepted by the King of Italy with every !
manifestation OF gracious appreciation, and
the incident has been highly promotive of |
mutual respect and good will.
HELP THE NICARAGUA CANAL.
repeat with great earnestness the recon-
incubation which l have made in several
previous messages that prompt and ADEQUATE
support be given to the American Company
engaged in the construction of the Nicaragua I
Ship Canal. 1t is impossi ole to overstate the
value from every standpoint of this great
enterprise, and [ hope that there may bs I
time, even in this Congress- to give to 1t an
impetus tuat will insure the early completion |
of the canal and secure to the United States
its proper relation to it when completed,
HOPEFUL FOR SILVER.
The Congress has been already advised
that the invitations OF this Gov erlment for /
the assembling of an International Monetary
Conference to consider tls qle,tioa OF an
enlarge use of silver were acc ,ptsi bv the
nations to which they were ad Tres sei The
conference assembled at Brussels on the
y OF November AMI has entered upon the
consideration Of this great question Ihave
not doubted, and have not taken occasion
to express that beief, as wall in the
invitations issue1 for this conference
as in my public messages. that the
free coinage Of silver upon an ayreei
international ratio would greatly promote
the interest of our people ami equally those
o other nations, It is too early to pradic5
what results may be accomplish ID by thu
conference II any temporary check or
delay interviews l believe that verv soon
commercial CO editions will compel the now
reluctant Governments to unite with us in
this movement to secure the enlargement of
OF the volume o. ccinei money needed for
the transaction OF the business of the world
THE TREASURY.
The report of the Secretary of the Treas
ury will attract especial iut erest in view OF
the many misleading st lts,nsnts that have
been made as to the state OF t1s pu bic rsv-
enues. Three preliminary facts should not
only be stated, but emphasized. bsfore look-
ing into details: FIRST that the public
debt has been reduced since Marcl 4,
1889, s259,074,200, AMI the annual
interest charge sll,6'i 469; second, thai
sions during this administration up to
November l. 1892 s4s2, 564, 17s. 10, an excess
OF $1l4, 466 5000 over the sum exoended |
during the psrlot from Marca l. 1855. to
March /, 1889, and third, that under the ex-
istiny tariff up to December l about $93..
90. 90 OF revenue, wlica wouii have b.eL
collected upon imports1 su yars il the dutV
had been maintained, has gone into the
pockets OF the people and not into the pub
lie treasury, as before.
II there are any who still think that the
surplus SHOULD have been kept out of circu.
lation by boarding it in the Treasury, OF
deposited in favored banks without interest
while the Government continued to pay to |
these very banks interest upon the bonds
deposited security for the deposits, or
who think that the EXTENDED psnson legis-
latiou was q public robbery, or that the
duties upon sugar should have been main
tanned, am content to leave the argument
where it now rest, while we wait to see
whether these criticisms will take the form
of legislation.
The revenues for the fiscal year ending
Iune 80, 1892, from all sources were s425,
S6S, $50 q, and the expenditures Tor all pur.
poses were 4l5, 953 Sc. leaving a balance
OF So. 9l4, $3.50. There were paid during
the year upon the public debt $40, SO,
467.9S. The surplus in the Treasury and
the bank redemption fund, passed BY theact
OF July IA, 1890. to the general fund. fur
nished In large part the cash available aud
used for the payments made upon the pub
lie debt. COMPARED with the wear 1891 our
receipts from customs duties fell off $40
10 ,Al .CS. while our receipts from internal
revenue increased S, 2S4, S2S ID, leaving the