Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1892-12-12
THE PRESIDENTS MESSAGE.

se valedictory message of Presi-
Harrison, necessarily long, is al
ther too long to appear in the To-
newspaper. 1t is a message of un-
b excellence and Importance. Few
who have occupied the presiden-
'ehair have entered more earnest
Id sclosely into the business and
details of governmental affairs
President Harrison. 1t is not
kssary to say that his document
lie, comprehensive and practical.
bull a few facts from the message:
president declares that the coun-
Il favored with a prosperity une-
led in the history of the world.
message shows that during the
f de between 1880 1890 the capital
Ioyed in seventy five cities in
Bed more than S5O0,O00, 900; the
IS earned S67S, 900, 900; the num-
f its employed $50, 900, while the
IS of the employees increased per
4 Ia S161. Of the result of the Nc
by bill the increase of industrial
Slishments, and the increase in
humber of hands employed, to-
pr with higher wages, shows the
fit to the manufacturing classes,
employer and employe, while the
raj average prices of agricultur-
oducts indicate prosperity.
ksident Harrison believes protec-
IS a mighty instrument for the de-
bment of our national wealth and
st powerful agency in protecting
homes of our workingmen from
hvasion of want.
I president says that the full ben
bf the reciprocal arrangements
lot be realized Immediately, but
pects that within a short time it
Recure fully one third of the to-
'ade of Central and South Ameri-
us, which amounts to about
200, 900 annually. In 1885 we had
b per cent of this trade.
1res are given revealing the as
hing increase in the value of our
stic exports under the reciproci-
Eeements with foreign countries.
of the most interesting parts
message refers to the condition
ional finances. The misleading
hents concerning the public rev
are met with three decisive
First, that the public debt has
reduced since March 4, 1889, over
loo, 900 and the annual interest
es over s11, ,6S4, 900. Second, that
Rnsion payments during this ad-
ration up to November 1, 1892,
gated S432, ,564, 900, as against
66, 900 from March, 1885, to Mar.
Third, that under the existing
up to the first of this month,
s93, 900, 600 of revenue, princi-
on sugar, which would have
NJ received if the duty had been
has gone into the pockets of
ople. The peculiar method in
the Cleveland administration
the public money to favored
NJ rs is recalled by the comment
Presidents message:
there are any who still think
. be surplus should have been kept
circulation by boarding it in
NJ NRasury, or depositing it in favor
INKS without interest, while the
hment continued to pay to these
F banks interest upon the bonds
E ted as security for the deposits,
N think that the extended pen
gislation was a public robbery,
ht the duties upon sugar
have been maintained, am
t to leave the argument where
rests, while we wait to see
Pr these criticisms will take the
I legislation"
encouraging to note that there
an estimated cash balance in
Pasury at the end of the fiscal |
nearly s21, 900, 900, instead of
fcit that has been predicted.
esident suggests that the Gre
ut of bonds in the future before
ty should be matter of con-
Zee and not of complusion."
|Fprising revelation is made that
aims now pending aggregate
900.
Increase in postal revenues and
Rl business is accepted as an
be of general prosperity, and
tifying fact is announced that
I the next fiscal year the Post |