Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1893-12-09

silver OF the bullion or market value OF $50 $780,
0Oo and Of the coinage value OF &7i,s'a s0l
| II is estimated that on the first day OF July
| % the metallic stock OF money In the United
States. consisting OF coin and bullion amounted
TO 81 ei8 SS9, 100 OF which Si97 697 6S5 was gold
| and .6i5. S6i. 48i was silver
One hundred and nineteen national banks
were organized during the year ending October
81, 1893, with u capital OF sll,s30,OO, fortv-six
went into voluntary liquidation md 1888 sus-
pended Sixty.hve OF the suspended banks
were insolvent, eighty.six resumed business,
and seven remain In the hands Of bank ex.
aminers with prospects OF speedy resumption.
or the new banks organized ~ were located
In the eastern states Il west OF the Mississippi
river and "a in the central and southern states
The total number OF banks In existence on the
Slst day OF October. 1893, was 3,T9j having an
aggregate capital OF 1895. IS. 10 The net In.
crease in the circulation OF these banks during
the year was s3a s8d.s'2. The recent repeal OF
the provision OF law requiring the purchase OF
silver bullion by the overnment a. feature
OF our monetary scheme has made an entire
change IN the complexion OF our currency af.
fairs / do hot doubt that the ul innate result
OF this action will be most salutary and far
reaching.
In the nature OF things, however IL Is impos
sbe 10 know at this time precisely what condl-
tions will be brought about by the change, or
what. II any, supplementary legislation may
In the light of such conditions appear to be es.
sential or expedi mt OF course, after the re.
cent financial perturbation tim Is necessary
for the establishment OF business confidence.
When however, through this restored conf
d nee, the money which has been frightened
in,o boarding laces is returned to trade and
enterprise, surve OF the situation will
probably disclose s'fe 10 h leading To
81 AZ.
sufficient to meet every requirement Of GU In.
creasing population IN business In the pur.
suit Of this obj CT we should resolutely turn
awav from aluring and temporar ex.
pedents. determined to be contented with
nothing less than lasting and COM
prehensive financial plan In these cir.
cumsiances / am convinced that q reasonable
DELAY in dealing with the su ject instead Of
being injurious, will increase the probability OF
wise action
desire to earnestl suggest the wisdom
amen ling the existinc statutes In r gard TO
the issuance OF government bonds.
The authority now vested III the secre arv Of
tn. trea ur to issue bonds Is not as clear as 1t
should be ana the bonds uthorized are disad-
vanta 'eOus to the gov rnm both as 10 the
tim OF maturi and rate of interest
The Superintendent Of imm grafton through
the secreta y OF the treasury report that dur.
ing the | st fiscal year there arrived at our
ports - .iai immigrants. or these 1853 were
not permitted 10 land III der the limitations of
the law and ~ were e,urned 10 the cou tries
fr m which they came by reas OF their having
become pubic arge The total arrivals
were al, "a less than for the previous year
Department of Justice.
The report OF the encouragement confirms
III. US ial summary Of the affairs and proceed
81 Co..
year, together with certain recommendations
us 10 needed legislation on various subjects
cannot too heartily indorse the proposition
that the fee system as applicable TO the Gu IL
pensation OF Unitel States attornev. marsh lis,
clerks OF federal courts and United States com.
missioncrs sh ould be abolished with rs little
delay as pos 'ibe II is clearly in the interest
OF the communit thar the business OF The
courts both civil and criminal shall be rs small
and rs incxpensive.y conducted rs the ends Of
justice will ALLOW.
The system Is therefore, thoroughly vicious
which makes the compensation OF court ON.
cials depend upon the Volume OF such business
and thus create conflict between proper ex-
ecution OF III. law and private gain, which cam
not fail To be d ingerDus to the rights and free
dom OF the citiZ,n an IN Irresistible tempta-
tion 10 The unjustined expenditure OF public
funds. II In add ton To this reform another
was lnuugu'bteu NulcH WOuiu give W OuitCu
States commissioners the final disposition OF
petty ofienses within the grade OF m sdemean-
ors, especiallv-t coming under the internal
revenue laws, great advance would be
made toward o more decent administration OF
the criminal law
In my hrs, message TO congress dated Decem.
berS, lsS5, strongly recommended these changes
and referred some " hat Ut myth 10 the evils OF
the present system. Since that time the GRIM
inal business IL the fe ieral courts ana the ex-
p"nse attendi 2 II hav, enormously increased.
The number of criminal prosecutions pending
in the CIR, uit and district courts Of the United
States on the Isl div of July. l'sa. was 1873, OF
which l,8S, were for violations Of the internal
revenue laws, while the number OF such prose.
buttons pendin on tn Is. dav OF july, 1898.
was 800 In which i2n were for violations OF
the internal revenue laws The expense OF The
United States courts ex 'luSive Of judges salar-
les for the ye r ending July |, lsS was SSI4,-
7aa II and for the year ending july. 1893. sass,
$685. II is, therefore, apparent that the
reasons given I'm rs for u change In the manner
OF enfOr cling the federal criminal laws have
gained cogeney and strength bv lapse OF time.
Ia'so heartily Join the attornes.gen raj in
recommending LEGISLATION fixing DEGREES OF
murder within federal iurisdc ion. rs has been
done In MANY OF tn ri tes authorizing writ OF
error on behalf OF the 'vernment In cases
where final judgment is r nde ed against the
sufficiency OF an in lictment or aga INST the
government on anv other question arising be- !
10 actual trial limiting the right OF review In
case OF felony p niShabe only bv fine nnd i'm. q
prisonment TO the circuit court VI appeals, and
making sp edy o ision for the construction
OF such prison and reformltories as may be
necessary for the confinement OF United States
convicts