The Sedalia weekly bazoo. [volume] (Sedalia, Mo.) 187?-1904, 1893-12-12

IhESjlSTsNA
wrong that had been done by those
representing Us. and to restore As far
as possible the statue ono existing at
the time Of our forcible Intervention.
Our present minister at Honolulu has
received appropriate instructions to
that end. Thus far no information Of
the accomplishment of any definite re-
suits been received from him.
ADDITIONAL ADvICEs ARE SOON EN-
When received they will probably he
sent to congress. presenting all infor-
nation bearing upon the matter"
A court of arbitration between the
United States and all European ma
tions is strongly urged to settle ques-
tions in dispute.
Reports Of heads of departments is
then taken up, considered and ap-
proved. Secretary Carlisle, Of the
treasury department, shows receipts
Of the government from all sources
during the fiscal year ending June 80,
1898. amount to 1851. 7l6, SCI; cx.
penditures S459, S74.674. Importa-
tons during same period, show de-
crease from preceding year of sl3,-
i55, Az. Internal revenue receipts
increased s7.147,445. Amount of
gold exported was larger than any
previous wear in the history of the
government, amounting to sos, $50, :
S44. Sum paid from treasury for
sugar bounties was s9,375, 100, in
crease of 81, 900, 900 over the proceed
ing year at is estimated upon basis
Of the present revenue laws" says
Carlisle. that the receipts Of the gov
erament for the year ending June 30,
1894, will be $50, 12l .365 and the
expenditures S4j3. 12l 1865, resulting
in a deficiency Of s2S, 900. 600" On
first day of November, 1898. the
amount of money in circulation,
amount of gold bullion in treasury
and purchased silver bullion vas ST.
935 1853, 5Os. Amount of silver pur-
chased during the last fiscal year VAS
s54, 900. 1929 fine ounces. costing
e45, 52l. 374.52.
Regarding the
REPEAL OF THE PURCHASING CLAUSE
Of the Sherman law, the President
SAYS he does not doubt the ultimate
result will be most salutary and far
reaching. However, it is impossible to
say what conditions will prevail or what,
ifany. supplementary legislation it may
be essential or expedient to enact. A
survey Of the situation when conf
dcnce is restored will probably dis
close the safe path leading to perma-
nently sound and abundant currency.
Alluring and temporary expedients
should be rejected and lasting and
comprehensive plans should be adopt
ed. In view Of this fact, and that a
definite proposition from Us seemed to
be expected upon the reassembling of
the Brussels Monetary conference.
led the President to express the wish
that the meeting should be postponed
beyond November 80, of the present
wear. when it was to reassemble. 1t
also seems wise to him that he should
he given general authority to invite
other nations to such conference when
a fair prospect of accomplishing an in
ternational agreement on the subject
of coinage presents itself.
Referring to the issue of bonds, he
saws: II desire also earnestly to sug-
gest the wisdom of amending the ex-
isting statutes in regard to the issuance
of government bonds. Authority now
vested in the secretary of the treasury
to issue bonds is not as clear as it
should be, and bonds authorized are
Instantaneous to the government,
both as to time. maturity and rate of
interest
The deficiency in postoffice depart
ment for the fiscal year ending June 30,
1898, amounted to three million dol
lars, while that for 1894. estimated at
eight million dollars. The President
does not approve of the recommenda-
sion of the secretary of the navy to at
present begin the