The Somerset reporter., 1893-12-07

tciv.d they will be- promptly sent TO the
Rress, together with all other information at
hand. accompanied By special executive
mcss,i ge fully detailing all the fact necessary
TO "A complete understanding Of tie case and
presenting history Of all the material events
leading up to the present situation.
Arbitration VIII re Diplomacy Fails.
by a concurrent resolution passed by the
senate Feb. Il. 1897 and By the house On
April 3 following. the pr, 81 lent was requested
ito invite, from time IL time. a fit occasions
may arise. negotiations with aaH government
with which the United States las or may
have diplomatic relations. In ihe end that any
differences o. disputes arising Between the
two governments VIII cannot be adjusted
by diplomatic agency may be referred 10
arbitration and be peaceably adjusted by such
means"
April 10. la9l the Internal ional American
conference of Washington, 10y resolution, ex-
pressed the wish that all controversies he
tween the republics Of America and the ma
tions of Europe might be settled by arbitra-
ton, and recommended that the government
of each nation represented in that conference
should communicate this wish to all friendly
powers. \ favorable response has been
ceived from Great Britain in the shape Of
resolution adopted by parliament July IL last,
cordially sympathzing with the purpose in
view, and expressing the hope that her maies-
tvs government will lend ready cooperation
to the government of the United States upon
the basis of the concurrent resolution above
quoted.
Our Ambassadors.
Since the passage Of the act Of March 3,
1893, authorizing the president To raise the
grade of our envoys to CORES pond with the
rank in which foreign countries accredit their
agents here. Great Britain, France, Italy and
Germany have conferred upon their repre-
sentatives al this capital the title of am
bassador, and have responded by accredit-
| he If lp | n al tuf in
countries with the same title.
A like elevation of mission Is announced
by Russia. and when made viii be similarly
met, This step httnsN COMFORTS with the
position the United States hold in the
family OF nations.
During my former administration took oc-
casion To recommend rectst ul the laws
latng to the consular service, in order that it
might become a more efficient agency IN thu
promotion OF the interest il was intended to
subservc. The duties and powers of ronsuls
have been expanded with the growing require
menis of our foreign trade. Discharging i'm
portant duties affecting our commerce and
American citizens abroad. and in certain
countries exercising judicial functions, These
officers should he men OF character ntelli-
gence and ability.
Revenue Figures
The secretary of the treasury reports that
the receipts of the government from all
sources during the fiscal year ended June 30,
1873 amounted to St6l, ilo.5il.Ni. and its expen-
diturcs to Si593,i,674.-H. There collected
from customs $al5. OH. -, and from Internal
revenue SILL ,09i .HI our dutiable imports
imports amounted To Si2l ,sl6.7ll, an increase
of S52.t53n1 u II last year, and importations
free of duty amounted to Sf4i.54421l, u de-
crease from he preceding EAR of Sl3, i5j, Az.
Internal revenue receipts exceeded those of
the preceding year by S1,li1, TOR,
The total tax collected on distilled spirits
was Sa4, IN. ~. On manufactured tobi Gro
S3l,sS,1ll.4. and on fermentcd liquors ST.
5,S,aSjU1 We exported merchandise during
the year amounting to Ssi1 ,66l 1874. a decrease
of SlS2.dl2954 from the preceding year The
amount of old exported was larger than any
previous year in the history of the govern
ment, amounting to Sl0S,6N,6ni. and exceed
ing the amount exported during the pre-
ceding year by Sos, 4s5,5l1. The sum paid
from the treasury for sugar bounty was 50
3,5,l3l.sS, AN increase over the preceding year
of S2,Es013.09.
1t is estimated upon the basis of present
rsrenue laws that the receipts of the govern
mrnt for the year enii Z June ,, lSat will be
Si@.l2l ,;65 81 and its expenditures SijS. FL
1888. resulting in IA deficiency of S2s.nNuM.
On the first day of November 1888, the amount
of money of all kinds in circulai ion or not i'll
cluded in treasury holdings was Sl.7ls,5i4 Gs2
an increase for the year of sil!,+494i. Fstt-
mating.uur population at g., i2d,EO at The time
mentioned, the per capita circulation was
S35.40. On the same date there was in the
treasury gold bullion amounting to Soi,6j1 2,5
and silver bullion which was purchased al II.
cost OF Sla6,2sl, hl'
Dealings In silver.
The purchases of silver under the law of
July a. 1880 during the last fiscal year aggre-
! gated 54.ns. l62.5a fine ounces, which cost
81 53 .31ia3. The total amount of silver prr-
chased from the time that law became opera
tive until the repeal of its purchasing clause
on the first day of November 1893, was 6s,-
o.. 80 Al fine ounces, which cost Sl55 $780, o. 81
, Between March l. is7a. and Nov. |, lst} the
! government purchased, under all laws, 5B OH
III fine ounces of Ill 'cr ut cost of SiG 6l1 ~.
The silver dollars that have been coined under
the act of July IA. ls9l, number 1907 ,2s5 The
seigniorage arising from spch coinage was
, $6,977. is'sn leaving On hand ia the minis
l4O.8H,i Gn fine ounces of silver. which cost
$l26,,5S,2ls
Repeal of the sherman Law
The recent repeal Of the provision of law re-
garding The purchase Of silver bullion by the
government feature of our monetary
schems has made an entire change in the
complexion of our currency affairs. do not
doubt that the ultimate result of this action
will be most si,lnl.ry al far.re,clIins
In the nature OF things. however. il l. i'm
possible TO know ut this tine precI.eN What
conditions viii be brought about by tie
change. or what, if any, supple ncutary legis
lation may, in the light of such conditions, mp
pear to he essential or eXpcdicnt OF course.
after the recent financial perturbation. tine
is necessary for the establishment of busi.
ness confidence. When, however. through
this restored con fdence, the money which h,t>
been frightened into boarding places is re
turned to trade and enterprise, survey -"
the situation will probably disclose asafe pat l.
leading to permanently sound currency.
ahundanty.
| Government :'od-
| desire also to earnestly sugge-t the wisdom
, of amending the existing stat uieS in regard to
the issuai &c of government bonds The an
| thority now vested in the secretary OF the
| treasury to issue bonds j. not IL clear as il
should he, aud the bonds authorized are dis
advantageous to the government, 10th ~ the
time of their maturity and rate of interest,
Inv" ttion.
The superintendent uf immigration, through
the secretary of the treasury, reports that dur
ing the last fiscal year there arrived at our
ports 4N1a3 immigrants. OF these l03 ", re
not permitted to land under the limits of the
law, and 81 were returned to the country
from which they came by reason Cd their hay
Ing become public charges. The total arrivals
were +l,Ui less Than for the previous year
Quarantine Measures
The secretary in his report gives an account
of the OPP, ration OF the marine hospital service
and of the good work done under its super
OF contagious diseases. The admonition OF
the last two years touching our public health
and the demonstrated danger of the ntroiuc-
l Al ..