Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1892-12-09
The Message in Brief.

years there has been large increase in the
wealth OF this, as Of every other enlightened
country. Since 1860 there has been large
growth of our inhabited area and popula-
ton, partly by natural increase and partly
| by immigration on an unprecedented scale
Wealth has grown from SIC, 9,616,06S in
1860 to $62,610,000O00; railway mileage
from 30,626 to 1874 depositors in saw
ings banks from 693,S70 to 4,25S, 1903; de-
posts from $l49,277504 to $1524, 1874 500;
the value of farm products from $1,363, &c.
S66 to $4,500,000,0O0 in 1891, an exceptional
year; pension disbursements from 81 ,072,-
461 to $155, SOC, 900 in 1928. The value
of manufactured products was 81 ,900,000000
in 1860, when the rate of increase in ten
years was SO per cent. in 1890 it was $4,.
500, 286 1877, the rate of Increase since 1880
being something less than 60 per cent. These
facts point to a prosperous condition of our
people.
There has been $40,440 $50 of new CAPT.
tai invested in the United States since Oc-
tober 6, 1890, when the Mckinley act took
effect. Special Agent Aver estimates the
investment in tin. plate factories up to June
30, 1893, "if existing conditions were to be
continued" at S5,0O0000. Labor Commits.
sloner Peck, VI New York, is quoted as
showing in his report an increase of manu-
| 1871 ,3l5, 1870, In the last fiscal year exports
exceeded those of 1891 by $l45,797 1888, The
value Of imports decreased by $l75l3,75i.
The total value of our exports was 81 ,030,-
@7o, 49, of imports, $S29, 402, 462.
Work, 1t is maintained, has been unpre-
dedentedly abundant wages high, the neces-
daries of life cheap. Cotton and wheat have
/been low, but this comes of the fact that,
unlike the manufacturer, "the farmer can
| not produce upon orders" and must some
times produce in exec, S of the current de-
mand. Content ought to prevail. Farmers
and laborers are more prosperous here than
| elsewhere. Protection, it is suggested, has
| brought about this enviable condition of the
/ Gloducing element of our population.
The result Of the recent election" says
| the President, must be accepted as having
introduced new policy" The present
tariff, built 90 protection lines, is to he re
| pealed and a tariff for revenue only enacted
The whole subject Of tartf revision should
be left to the incoming Congress. The delay
| from now to March, 1885, is deplored. Work
should be begun soon, since the expectation
OF lower taxes on necessaries will cause peo
pie to put off buying and cause a decrease
OF needed revenue. Lower prices of goods
mean, it is contended, lower wages, though
the fact is not denied that wages have been
rising everywhere in enlightened countries
since 1850, while labor's product has every
where been constantly falling in price.
The foreign relations of the government
are satisfactory
Arbitration of the dispute as to our eXclu-
sive control OF Berlng sea is in progress.
Meanwhile by agreement pclagic scaling
has been prevented. In other parts of the
North Pacific some $4,000 seals were taken. !
In case the vessels Of other nations can be
kept from sealing in the disputed waters, |
law should be enacted prohibiting Ameri |
can citizens from engaging in this industry |
Canadas trade relations with us are pro |
nounced unequal, and there has been con
ference with her representatives on the sub |
ject. The Dominion will not agree TO give |
the United States lower tariff rates than it |
gives England. "This," it is said, "neces.
sarily terminated the conference on this |
question" The Canadians have been shut
out from the free use of the St. Mary's Falls |
canal because they exacted tolls on Ameri |
can vessels designed to influence cargoes to
go to Montreal The Canadian Pacific Rail |
way is much at our mercy since large pro
portion of its traffic is supplied by our peo-
pie. IL completes with our railways. Ii is |
suggested that 1--WE should withdraw the |
support which is given to the railroads and |
steamship lines of Canada by a traffic that
properly belongs to u.s." The abrogation of
the treaty of Washington IS suggested
Prompt and adequate support should be
given, says the President to the American |
company engaged 10 constructing the Mica
ragua canal. The early completion OF the |
work and "proper relation OF the United |
States TO it is desired.
The Brussels International Monetary Con |
ference is referred to. The belief is expressed |
that il the conference does nothing to pro |
mote the free coinage of silver at an agreed |
international ratio, commercial conditions |
will soon compel the now reluctant govern. |
ments TO unite with us in this movement.
Since March 4, 1899, the debt has been re- |
duced by $3.50, 074 200; the interest charge |
by $l1, 684, AGO. $432, 564, l7S has been paid |
out for pensions. Add to this that "S93,. |
100000 of revenue, which would have been |
collected upon imported sugars if the duty |
had been maintained, has gone into the |
pockets of the people" 1t is thus that the |
present condition Of the treasury is TO be |
explained.
For the fiscal year ending June 30, 1893, |
the revenues are estimated at $463 1886 $50 |
the expenditures at $4G1 1916 $50, making a |
surplus of $2,000,000. The cash balance at
the end of the year is estimated at 0,992,. |
377. These are the estimates, but it is con
fessed that their verication by experience
is problematical.
The estimated receipts in the fiscal year
ending June 3d. 1894, for which Congress is |
about to provide, are 1890, 121 1865, the ap
preparations $457 2G1 1886, leaving n surplus |
of $32 100000 No provision is made, how |
ever, in working out this surplus, for the |
sinking fund. The repeal of the sinking
fund law is recommended. Debt should be |
paid, II ia held, by using "any casual sur.
plus" that may accrue from time 10 time |
Deducting ga, 100000 for unexpended ap.
preparations, a hypothetical net surplus Of |
about 100000 is found for the close of |
the fiscal year 1894
The army should be put upon a modern
basis and concentrated on the lrontiers--the |
seacoast and our northern and southern |
boundaries Heavy guns and coast defenscs
are required. The navy should continue TO |
be fostered. During the four years of the |
Presidents term % vessels Of the new navy
will have been launched. Since March, |
1889, 1886 100000 worth Of war-ships has |
been contracted for, and S8,000,000 besides !
has been spent ut the navy. yards. A naval |
militia has been organized in eight States,
and 800 men have been enlisted. The en-
couragement of this branch of the service is |
recommended.
In 1892 but IL per cent. Of our imports
were brought in American vessels. The
remedy suggested for this state Of things is
to increase the subsidies 10 be paid 10 vessels
that carry the foreign mails. Already the
Postmaster General has made contracts for
II routes, involving an extra cost OF 1904.
1913. Sixteen vessels, aggregating 57,400
tons and costing $7,400,000, have been built
or contracted for under the subsidy policy
When in full operation il will have brought
| nf
165S02 TONS Canada's great activity in
foreign commerce is adverted to as a reason
why we should give extra compensation to
American vessels carrying our mails.
Quarantine legislation Is urged upon the
attention Of Congress in view Of the threat
ened approach Of cholera. immigration
should be checked We should endeavor to
keep out the vicious, the ignorant, the civil
disturber, the pauper, the contract laborer,"
and generally CHECK the too great flow of
immigration now coming by further limta-