Weekly expositor. (Brockway Centre, Mich.) 1882-1894, 1893-12-08
DEPARTMENT REPORTS.
Finnnces-Thc DepressiOn-StntIstI
of Wax, Navy, POstohsce, Etc.

lhuL the receipts OF the government from
all sources during the fiscal year ended
June 80 4oJ3, amounted TO S4s1,716,5jl "a,
and it's expenditures to $3.50, 1874, ga 90
There was collected from customs $780,
355, 0l6 73, and from internal revenue $751;
Oh % 80. our dutiable imports amounted
to Sal ,S6G,lll an increase OF SoZ, y07 over
the preceding year, and importations free
of duty amounted TO 4i4O44,2ll, de-
crease from the preceding year of $l3,-
4J5,44 Internal revenue receipts exceeded
those OF the prece~.ng year by SIlil,-
4i5 81. We exported merchandise during
the year amounting to SS4I 1874, a de-
crease of $lo2,Gl2,5Jl from the preceding
year. The amount OF gold exported was
larger than any previous year IN the
history OF the government, amounting 10
500, 66U,S4, and exceeding the amount cX-
ported during the preceding year by $685.
462,0lI. Inc sum paid from the treasury
for sugar bounty was SJ3i5,l3O 49, an in
0J3 %.
ON the first day of November. 1898,
the amount OF money of all kinds in
circulation, or not included in treasury
holdings, was T,lS,54l, to-, an increase Tor
the year OF Sll2, 4O4,Jii Estimating our
population of 6i,42b,0OJ at the time men
toned, the per capita circulation was
20 AZ. On the same date there was In
me treasury god bullion amounting 20
S3o,u."-to, ana silver Dulhon Whlcn was
purchased at n cost of S42iZ6l ,JJ3. Be
tween the LIST day OF March, 1913, ana the
lst day Of November, 1913, the govern
line ounces OF silver at cost OF SOLO,
CD JlS. Ine silver dollars that have been
coined under the act Of jury a., 1850,
number o6,U51,2o The seiSuoraSe arising
from such coinage was SD,Jn,OJo IS, leaV-
ing on hand in the mints lIO,OJ5,lJO me
ounces of silver, which cost SiZ},toS,2l6.
one hundred and nluctccu Nauonai
banks were organized duuns the year
ending October 81, 1873, with a capital OF
9lI, -jU,UOJ Forty SIX went lato voluntary
liquidation and los suspended. SlNJy-ivc
lllSneH1tQ DHllKg were lnSDlkEnt,
eignty-siX resumed business, and seven
renamed in the hands OF the bank eX-
amlner, with prospects OF speedy re-
sumption. Inc total number OF natlonai
banks in existence on the jlst day OF Oc-
tODer, 1913, was ,tJb, having an a5S. e.
gate capital OF S6.5,ojS, ~. The net in
crease IN the circulation OF these banks
during the year was Sjo,SSj,JI2
1he recent repeal Of the provision OF
law requiring the purchase OF silver Dul-
lion b. the government as feature o.
our monetary scheme, has made an en-
Lirc change in the complexion Of our
currency affairs. / do not doubt tnat the
ultimate result Of inns acton VIII D.
most salutdry and tar reaching IN the
nature OF Things, however, IL H. lmpos-
slblC TO know at this time precisely what
Conditions will be brought about Dy the
change, or what, II any Supplementary
legislation may, IN the ll5nl OF SGch con
IluOaS, appear TO be essential OF eApc-
dent OF course, after the recent h"eA-
eIal perturbation, Ullc Is necessary lOI
he establishment Oh business confluence.
When, nov ever, tnrOuSh TINS restored
confidence the money which mas pee"
frightened into boarding places is returAe
10 trade and enterprise, a survey 81 u.
situation VIII probably disclose SAT-
patA leading 10 a permanently sounu
currency, UDuEGaNlly S4ilcleAl 10 meet
very requirement OF our increasing pop
diauon and business. In the pdrS ilt o.
mis- object Wc should resOiutely turn
away from aAuring and temporary eNpe-
IieAts, determined TO be content WITH
nothing less than lasting ana com
JrehensiNe financial plan. IN these cir
,uMstanCcs / am convinced that a rea
sunaDle delay Ia dealing with this sub
,ect, instead OF being injurious, VIII IN
arcase the probability Of wise action.
II seems TO me that II Woula pe WIS
% give general authority TO the preslden
o invite other nations 10 an interna-
.ional monetary conference at any llmt
when there should DE tair prospect OF
accomplishing an mternauOna! asree
nent on the subject Of coinage. / &c.
sire, also, 10 earnestly suggest the WIS
lOm Of Amending the existing statute
n regard TO the issuance OF government
ponds The authority now vested in IN.
secretary Of the treasury 10 issue Donds
S not as clear as il should be, and tn
3onds authorized are observation-disclosures I.
he government, botn as TO the tllhe o.
their maturity ana rate OF interest.
The superintendent OF immigration
Trough the secretary of the treasury,
.eports that during the last fiscal year
here arrived at our ports iO,iSS emil
grants. OF these, l,C63 were not permit
ed TO land under the limitations OF IN
aW, and JJI were returned 10 the Coun-
tries whence they came 10y reason OF
their having become public charges. Ihe
otal arrivals were 1n,oji less than for
the previous year.
The secretary in his report gives an
account OF the operation OF the marine
hospital service and of the good WORK
lone under its supervision in preventing
he entrance ana spread Of contagious
diseases.
War Department..
The secretary Of war reports that the
strength Of the army on the Both day OF
September last was 25,77s enlisted men
and 2,lH officers. The total expenditure
Of the department for the year ending
June 80, 1893. amounted TO SOL, y66,Oi4 81
This sum includes $l5,Zj6,S sc 10 for river
and harbor improvements, and $500
lll - for fortihcations and other works
Of defense. The total enrolment OF the
militia OF the several states was on the
Hst day of October of the current year
l125g7 officers and enlisted men. The Of
icers of the army detailed Tor the IN
spection and instructions OF this reserve
Of our military force report tnat IN
creased interest and marked progress are
apparent IN the discipline and efficiency
OF the organization.
for infantry regiments, the strengthen
ing Of the artillery force, the abandon
ing of smaller and unnecessary posts
and the maSSing OF the troops at I'M
portant ana accessible stations, all prom
ise TO promote the usefulness OF the
army. The repeal Of the law forb dding
re-enlistment of men after ten years
service is recommended.
II is gratifying to note the results III
he comprehensive scheme of defense ana
sortification entered upon eight years
ago. A large sum has been already eX-
Dendcd but the cost Of maintenance VIII
he inconsiderable as compared with the
expense Of constructing and ordnance.
The manufacture of heavy ordnance
keeps pace with present needs and
new magazine rifle for infantry service
is being manufactured at the national
armory which Is equal TO the best weapon
in the armies OF the world.
The work on the projected Chicka-
unauga and Chattanooga national military
park has been prosecuted with zeal ana
Judgment and it's opening VIII be cele-
brated during the coming year. over
nine square miles Of the Chlckamauga
battlefield have been acquired twenty
five miles of roadway have been con-
structed, and permanent tablets nave
been placed at many historical points
while the invitation TO the states to marx
the positions of their troops participating
in the battle has been very generally
accepted The work of locating and pre-
serving the lines of battle at the Gettys-
burg BATTLEFIELD Is making satisfactory
progress on the plans directed by the last
The reports OF the military academy
at West Point and the several schools
for special instruction OF officers show
marked advance I'm education OF. the