The Globe-republican., 1892-12-09

sss.slv, e or s.sat natural tz.ds edv,ntae.s.
70 the r.2!roedc and steamship Inns OF Csnsfia
p tIaa1c that properly belongs to % snd no
1 1@Ssees fasn,sh The eeIning which hehten To
IL ss';S cttIssning weight OF The enormous pub.
nave endeavoged in every way to asgure our
1sser republics of Central and South Anerica
pie have only the most frieadiy dIsposiiion
have believed. however, Wills holdins the.
n nmen! !s In the greatest sincerity. that 10
m9st INSIST upon . in responsibility for any
injuries inflicted upon our orhcial Representa-
tives or upon our citizens. The Chllian inotonce.
Indy snd Justly but firmly made, Win, be.
heve promote peace and mutual respect
repeat with great sarnestne the recon-
msndauOn which have made mention al IN
p!eviouS messages 10 the inadequate support
construct ioo Of the Nicara. ua chip canal. II ~
Impossible to cysr-state tho vaue from every
teSsa .a OF tn. great enterprise and hope
gre It an impetus that will insure the early
completion of the canal and secure to the
United States its proper relation to 1t whsn
Three primary fact. should rot only b stated
o9t empha 81 ed Def re looking into details
Ge Ia. S:e5' @ MAT II. public
?zo9O1a, 40 and annual interest cha. goa Sli 6S3.
464; second, that there have been paid out for
pen ions curing l this a5min strstion M. TO No
vemter l. 1sy2 S&sz, 56i ,l7e.U IN excess Of Sll4-
46cM.o 20 over the sum expended during the
period from March !. lSe5 to March 1. 1859; ard
third that under the existing tariff mp to De-
would have been collected upon imported
sugars if tho duty had been mainrainei, has
gone into the pockets of tne people and not
into tbs public treasury, as before. If there are
any who still think that the surplus should
nave peen kept out OF circulation by boarding
1t IN the treasury o., deposltlns it in banks
tinued to pay the very banks interest upon the
bonds deposited as security for the Ceposits or
who think that the extended pension legislation
sugar should have been maintained. / am con
tent to leave the argume where it now rests
while We wait to sec whether these criticisms
Will 'ak . the form OF legislation.
In the recOma endat en- of the secretary that
tho sinking I nd law be repealed l concur. The
redemption OF bonds sine the passage Of he
r equiTements by the sum of $780, 5lO,6Sl 40. The
retirement of tonds in the future before ma
turlty should be mater of convenience. not Of
ccompuinon. 70 should not collect revenue for
that purpose. but only use any casual surplus,
Inc revenues estimated and actual for the
a year ending June %, 1898, a,e placed BY
lures at s4oi, S35 $50 "a, SHOWN. surplus of 70.
ceipts over expenditures of S., OO0.IO. 1hs cash
balance In the treasury at the end Of the fiscal
year. 1t is estimated, will be S-O,Yy2.yI7
Tho estimates of revenues TO be received arc
based upon existing laws. New rev.
enue Legislation, or even the expectat.o on of it
may seriously reduce the pubic revenues dur.
ing the period OF uncertainty and during the
press OF bIsinoss I'D ustnert to the new cOndi-
ons when the, be me known.
Inc total purchases since tn passage of the
aes lequiIing purchases, have been iyO.4.s.sel
ounces and the aggregate of notes issued S1l6-
'ea,a;o. The average price paid for silver dur
ng me year was ~ cents / or ounce the highest
price being $l.024.
Ever since our merchant marine was driven
rom the sea by the cruisers during the war of |
he rebellion, the United States thus paying an |
enormous annual tribute to foreign countries in |
he shape OF passage monies. Our grain and |
Dur large imports there laid down by foreign |
hip masters. An increasing torrent of Ameri- |
AN travel to Europe has contributed annually |
balance of trade shown by the books of our Gus |
ON houses has been largely reduced, and in |
many years, altogether extinguished by this |
constant strain. In the year 1892 only 12.4 per |
ent of our imports were brought in American |
esseis The foreign steamships maintained by |
,ur traffic are many of them under contract with |
a q respective governments by which, in time
laval establishments. Profting by our com !
nerce in peace they will become the most for
aidabie destroyers OF our commerce in time of
ng ,hat this condition of things was both intol.
rable and di.grace:ul. A wholesome change
policy and having SO much promise as it |
ee1 to me, was begun by the law of March 3,
,Sl; Under this law contracts have been made
the postmaster general for eleven ocean mail |
outs. The expenditure involved by these con-
,acts Tor tho next fiscal year aproximated 1884,
zen n american ships OF an aggregate tonnage of
LAW tons, costing s., 100000 has been built or |
ontracted to be built in American ship yards.
The estimated tonnage of all steamships re-
4lred under existing contracts, is IL 500, and
hen the full service required by these con-
ACTS is established, there will be forty-one
reliability OF further necessary additions in the
razllian and Argentine service. The contracts
gently let for the transatlantic service, will
suit IN the construction of five ships Of ten
iousand tons each, costing nine or ten million |
ouars, ana Will add, with the City of New
ork, and City of Paris, to which the treasury |
apartment was authorized by legislation at
!e last session to give American registry, seven
tho swlftest vessels upon the sea to our naval |
serve.
earnestly urge a continuance of the policy in
lgurated by this legislation and that the appro- |
latioDs required to meet the obligations of the
'vernment under the contracts may be properly !
ade SO that the lines that have entered into
ese engagements may not be embarrassed.
mmission is perhaps the most satisfactory that Z!
uld have been reached. 1t will be noticed that
Is conditioned upon its ratification by congress
1;os March sss. The secretary Of the in
commends the ratification of the agreement and
Is inclined to follow this recommendation.
'itdin IL Is tnat some actlOn Dy winch this con-
oversy shall be brought to amend and the lands
ened to settlement 10 urgent.
" hen the present secretary entered upon his
ties only three modern vessels were in commits e
IN. The vessels since put in commission and +
be put in commission during the winter will
AXE total OF 10 during his administration of
3 department During the current year ten
II vessels and three navy tugs have been launch
Contracts have Deem let during this administra-
N, under the appropriations for the increase of
navy. including new vessels and their appur-
lances to the amount of s. ,OUO.UOO, and there b
3 been expended during the same period for
nor at navy yards upon similar work IS. OOOOO
thout the smallest scandal or charge of fraud
Partially. r
Dur army is small. but its organization should v
the more be put upon the most approved q
'dern basis The conditions upon what we
ve called the frontier. have heretofore re-
ired the maintainance of small posts, but now
policy OF concentration is obviously the right II
?. The new posts should have the proper STRAIT
v0ts<~ a. H.