The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1892-12-16

as well rs in the invitations issued for the
conference, a. In my public messages, that
tho free coinage Of silver upon agreed in
ternational ratio, would greatly promote
the interests Of people and equally
those Of other nations. It Is too early to
predict what results may be accomplished
by tho conference. Itany temporary check
or delay intervenes, believe that very
soon commercial conditions will compel
the now reluctant governments to unite
with us. in this movement to secure the
enlargement Of the volume of money
needed for the transaction of the business
OF the world.
THE TREASURY.
The report Of the secretary Of the treas
ury will attract special interest in view OF
the many misleading statements that have
been made as to tho state Of the public
revenues. Three preliminary facts
should not only be stated but emphasized
before looking into detNils: First, that the
public debt has been reduced since March
4, 1889, $250, 074, 200 and the annual interest
charges 81 90, 49,; second, that there
has been paid out for pensions during
&ES9, 564, l7S.70, on eccess Of SIX, Acc, Soa %
over tho sum expended during the period
from March /, 1885 to March !, 1889; and
third, that under the existing tariff up
to Dec. /, about $4,000, 900 Of revenue,
which would have been collected upon
imported sugars il the duty had been
maintained las gone into the pockets Of
the people and not into the public treas
ury as before. II there are any who still
think the surplus should have been kept
out of circulation .ly boarding 1t in the
treasury, or depositlng in banks with
out interest, while the government con-
tinued to pay the very banks interest
upon the bonds deposited as security for
the deposits, or who think the extended
pension legislation was publicNrebbery,
or that the duties upon sugar should have
BEEN maintained, am content TO leave
the argument where 1t now rests, while
we wait to see whether these criticisms
will take the forU1 II Liquidation.
The Revenues
for the fiscal year ending juno 80,
1899, from all sources were S4a5, $685.
20032, and the expenditures for all pur-
poses were GALS, 9SS, eo0b8, leaving . bal
ance Of 1914, 1890 Thero wese paid dur
46fq6. The surplus In tho treasury and
the bank redemption fund, passed by the
act Of July IA 1890, to the general fund,
furnished In large part, the cash available
and used for the payments made upon the
Compared with the year 1891, our 70
ceipts from customs dues fell of az, O60, ;
AMOS, while our receipts from internal
revenue increased %, 2s4 628. 10, leaving the
sources 8S3, 78G, 417.9S. The net loRs Of rev
enuo from all sources was e82, 6T5, 912a1.
Tho revenues, estimated and actual, fol-
the fiscal year ending Jnne 50, 1893, are
placed by the secretary al e463, ass $50. ~
and the expenditures ct e401 ,S36, $50. A.
showing 0 surplus OF receipts over expend
iSureS OF 100000. The cASh balance IN
The treasury OF the end Of the fiscal yeal
IL 10 estimated will be go, goa, S17.0a
The EStimaIod ReosIpts
for the fiscal year ending June 30, 1893, Ar
eio0. 12l, 800. 50, and tho estimated Rpprc
priAtions east ,S61, 89&D, leaving an est
inited SURF rus Of receipts over the eXpend
Rtures Of @ 'eoa OSo.o6. This does not IN
Il Il tho recS n.nendAtion Of the secretar!
thSt th0 ainkinR fund low DO repealed.
concur, The rSdamption of bonds sine
tEIo passage Of the law 70 Juno 30, 1891, ha
Already exceeded Acknowledgements by ID
] SUM OF N0o0, 81, 681!4o Tho retifemeut 0
. bonds in che future before maturity SHOULD
! bo q matter Of ConvHnieuc0, mot Of com
puihon. We GhouId not collect revenu
for that purpose, bat only use any casua
: surplus, To the balance Of eS9, go, OSo'C
Of receipts over expenditures, tor me yea
plus ct ShsI5eginning Of tho year. o0o, Goa
B77S8, and from this aggregate there mus
, be deducted, Is stated BY tho secretary
: about 04A, 900, 900 OF estimated unexpire
{ appropriations
= Tho public onAdsncO In the purpose
. and ability Of the governments 70 maintAi
' the parltyo all our money issues, wheth'
Z coIn or pADeH, V.GSS remain unlhAken. n
3 demand fGt goia 10 Europe and the cons
Q auent calls S9on "a are IN Q conAiqoRSo
J degree the reaulG Of The enoTtS OF some
The European governments 70 tnerSA!
ShoRr gold reserves, and tAese Efforts shout
J.. s. notify 9pREOprlAtS action on our par
= The conditions that have created ia
y drpln Of the treasury gold are, In an In
= noTkant dAQreo, pOhticAl and. not CONNIE
= ciaL In Now Of the fact thsS 0 general
4 Vision Of our revenue lava in then
= future seems 10 30 probable, y you'd
y better that any changes should 10 Pc
y u Of that revision rather than OF q temporal
4. nature.
DuFInQ tho last fiscal year the Secrota
uTrchasSf under the act Of July IL 10i
y a S8STBB ouncea. Of silver and tssued
10 HSymCnt thereof S6l, LOG. 90e In nOte&
N Ca purchases sancs tho paapAge Of Z
N ~ hava bean ie0afNp0l ounces and {
n SSrregatc Of notes Issued e11a. foe, $50. 4
" NSerSSe price paid for silver during {
nj year was q cente per QUA!
tie highest price PeinG d;G :
July 1, iaDl, ana The LOWEST 1oSS, Mar
d ii. iSOa. In view Of the fact that
r. monetary conference Il now sitting a.
N That no Conclusion has yet been reachi
n. 4 Withhold any accommodation e. 10 I
as ieRislstion upon this SnbjecG
=