The Providence news. (Providence [R.I.]) 1891-1906, 1893-12-04

mcnt for the year ending June Q, 1894. will be
Si30, 2l ,305.Ss, and Its expenditures el5s. .i2l.-
365.3s. resulting In n deficiency Of s2s s000,sO0
On the first day OF November, 1890, the amount
OF money of all kinds in circulation. or not In
cluded In treasury holdings, was sl,7ls.5i4.Gec,
an increase for the year Of Sill, ,40l.9t7. Esti-
mating.our population at o., 10000 at the time
mentioned. the per capita circulation was
$3.50. On tho same date there was I'm tho
treasury gold bullion amounting TO sos .G57 .273
and silver bullion which was purchased at q
cost of si26. .s0l, ,553.
Dealings In silver.
Tho purchases Of silver under the law of
July H. 1890. during the last fiscal year. aggre-
gated 5i.00s,les.59 fine ounces. which cost
S45,53l, ,3si53 The total amount of silver pur-
chased from tho time that law became opera
tive until the repeal Of its purchasing clause
on the first day of November. 1897 was lGs-
67i.6oo &c fine ounces, which cost sl55 o3O 81
Between March 7, ls73. and Nov. !. 1888. tho
government purchased, under all laws. O3,003-
III fine ounces OF silver at cost of $500 555.
The silver dollars that have been cAncd under
the act of July IL. 1890. number 10 285. The
seigniorage arising from such coinage was
s6.p77, s.So. leaving on hand in tho mints
1i0.099,76O fine ounces OF silver, which cost
Sl20,
Repeal OF the sherman Law.
The recent repeal of the provision OF law re-
government as a feature of monetar
schems has made an entire change In the
complexion of our currency affairs. i do not
doubt that the ultimate result OF this action
will be most salutary and far-reacbing.
In the nature OF things, however, IL Is i'm
possible TO Know at this time precisely what
conditions will be brought about by the
change, or what, IL any, supplementary legis-
lation may, In the light of such conditions ap-
pear TO be essential or expedient. or course,
after the recent financial perturbation, time
Is necessary for the re establishment of busi-
ness confidence. When. however through
this restored con iidence. the money which has
been frightened into boarding places is re-
turned to trade and enterprise, a survey of
the situation will probably disclose safe pa h
leading TO a permanently sound currency,
abundantly.
Government Bo,ds.
desire also TO earnestly suggest tho wisdom
of amending the existing statutes In regard TO
The issuance Of government bonds. The au-
ihority now vested In the secretary of the
treasury 10 issue bonds is not as clear as IL
should be, and the bonds authorized are dis
advantageous to the government. both as tho
time of their maturity and rate of interest.
Immigration.
The superintendent OF immigration through
the secretary of the treasury, reports that dur
ing the last fiscal year there arrived at our
ports 4f0.793 immigrants. OF these 1868 were
not permitted TO land under the limits OF the
law, and 5'7 were returned 10 the country
from which they came by reason Of their hav-
ing become public charges. The total arrivals
were lll GA less than for the previous year.
Quarantine Measures.
The secretary in his report gives an account
of the operation Of the marine hospital service
and of the good work done under its SUPER
vision in preventing the entrance and spread
OF contagious diseases. The admonition OF
the last two years touching our public health
and the demonstrated danger of the introduc-
tion of contagious diseases from foreign ports
has in, vested the subject OF national quarantine
with increased interest
moro general and harmonious system
than now exists, acting promptly and con-
etantly operating by preventive means 10
shield our country from the invasion of dis
ease. and at the same time having due regard
to the rights and duties of local agencies.
would. believe, add greatly to the safety OF
our people.
The Army
The secretary Of war reports that the
strength of the army on Sept. 80 last was IS
as enlisted eaen and 2iA officers. The total
expenditures OF the department for the year
ending June %, 1888, amounted TO S5l, ,n66 O1t 80.
OF this sum ST. o92, .95 was for salaries and
contingent expenses. Se3S77 ,sss 35 for the sup
port OF tho military establishment, S6,077,-
G33l9 for miscellaneous objects, and $eO,5lS,-
63l.il for public works This latter sum In
cludes SIS, ,s9d, $40 90 for river and harbor i'm
provements and 50. .l4l. 20 for fortifcations
and other works of defense.
The total enrolment Of the militia of the
several states was on the 3lst OF October Of the
current year ll2, ,597 officers and enlisted men.
The officers Of the army detailed for the in
spection and instruction e this reserve OF our
military force report that increased interest
and marked progress are apparent in the dis
cipline and efficiency of the organization.
Neither Indian outbreaks nor domestic vio-
1ence have called the army into service dur
ing the year, and the only active military
duty required of IL has been In the depart
ment OF Texas, where violations of the neu-
trality laws OF the United States and Mexico
were promptly and efficiently dealt with by
the troops, elicit;ng the warm approval OF tho
civil and military authorities of both coun-
tries.
IL Is gratifying to note that we have begun
20 attain completed results in the comprehen-
sive scheme OF sea coast defense and fortifca-
tion entered upon eight years ago. A largo
sum has been already expended, but the cott
OF maintenance viii be inconsderable as COM
pared with the expense of construction and
ordnance.
The manufacture of heavy ordnance keeps
pace with current needs: but TO render these
guns available for the purposes they are de-
signed TO meet, cmpiacements must be pre-
pared for them. Progress has been made in
this direction, and IL is desirable that congress
by aquedate appropriations should provide
for the uninterrupted prosecution of this
necessary work.
The work on the projected Chickamauga
and Chattanooga military park has been pros
ecuted with zeal and judgment, and its OPEN
ing will be celebrated during the coming year.
Over nine square miles of tho Chckamauga
battlefield have been acqui red, % miles OF
roadway have been constructed, and perma-
nent tablets have been placed at many histor-
ical points, while the invitation To the states
70 mark the positions of their troops partici-
pating In the battle has been very generally
accepted. The work OF locating and preserv-
ing lines OF battle at the Gettysburg battle
field is making satisfactory progress on tho
plans directed by tho last congress.
Department OF Justice.
The report OF the attorney general contains
the usual summary OF the affairs and rro-
ccedings OF the department OF justice for tho
past year. i cannot too heartily indorse the
proposition that the fee system as applicable
TO the compensation of United States at
torneys, marshals. clerks OF federal courts
and United States commissioners, should be