The Russellville Democrat. [volume] (Russellville, Ark.) 1875-1898, 1893-12-07

close and friendly.
The work of relocating the monuments
marking the boundary between the two
countries from Paso Del Norte to the
Pacific is nearly completed
THE REPRODUCED cARAvEL,
Santa Maria, built by Spain and sent to the
Columbian Exposition, has been presented
to the United States in token Of amity and
in commemoration Of the event il was de-
signed to celebrate recommend that in
recognition OF the sincere friendship which
prompted it.
1t is hardly necessary for me to state that
the questions arising from
OUR RELATIONS WITH HAWAII
have caused serious embarrassment. lust
prior to the installation of the present admin
istration, the existing government Of Hawaii
had been suddenly overthrown and treaty
Of annexation had been negotiated between
the provisional government of the island and
the United States, and submitted to the sem
ate for ratification. This treaty | withdrew
for examination and dispatched Hon. James
A. Blount, Of Georgia. to Honolulu as
special commissioner TO make an impartial
investigation Of the circumstances attending
the change of government and Of all the
conditions bearing upon the subject Of the
treaty After a thorough and exhaustive
examination, Mr. Blount submitted to me his
report, showing beyond all question, that the
constitutional government Of Hawaii
HAD BEEN sUByERTEp
with the active aid of our representative to
that government, and through intimidation
caused by the presence OF an armed naval
force of the United States, which was landed
for that purpose at the instance OF our Min
lister. Upon the facts developed, it seemed
to me the
ONLY HONORABLE COURSE
for our government to pursue, was to undo
the wrong that had been done by those rep
resenting us, and to restore as far as pract-
cable the status existing at the time of our
forcible Intervention. With a view of ac-
complishing this result, within the constitu-
tional limits of the executive power, and
recognizing all our obligations and response
bilites growing out Of any change Of condi
tons about our unjusti6able interference,
our present mmster at Honolulu has reces-
ed appropriate instructions to that end.
Thus far, no information OF the accomplish
ment Of any definite result has been receiy- 1
from him. Additional adyices are soon ex-
pected.
Since the passage of the act of March 3,
1885 authorizing the president to raise the
grade Of
OUR ENJOYS
to correspond with the rank in which foreign
countries accredit their agents here, Great
Britain, France, Italy and Germany have
conferred upon their representatives at this
Capitol the title OF ambassador, and have
responded by accrediting the agents Of the
United States in these countries with the
same title. A like elevation Of mission is
announced by Russia, and when made will be
similarly met.
The duties and powers Of consuls have
been expanded with the growing require
ments of our foreign trade.
THE SECRETARY OF THE TREASURY
reports that the receipts of the government
from all sources during the fiscal year ending
June 80, 1898, amounted to S46I,7I6, 5oI.94,
and its expenditures to S459,374,674.2 2o
There was collected from customs $2o5, ,3S5,-
oT6.73, and from internal revenue $IoI,-
o27, ,623e3. Our dutiable imports amounted
to $42bS56,7II, an increase Of 952,455,9o7
over the preceding year, and importations
free of duty amounting to S444,544,2II, a
decrease from the preceding year OF SI3,-
ASSAY. Internal revenue receipts exceeded
those Of the preceding year by S7,r47,-
445.32
The total tax collected on distilled spirits
was $o4, 72o, ,26o.s IS; on manufactured
tobacco, SsI $780, I'll. "a, and on fermented
liquors, $32,s4S,9S3. o. We exported
merchandise during the year amounting to
$S47, ,66s,Io4, a decrease of $IS2 ,6I2, os4
from the preceding year. The amount of
gold exported was larger than any previous
year in the history of the government,
amounting TO sos, 6So, ,S44, and exceeding
the amount exported during the preceding
year by $sS,4Ss,sT7. The sum paid from
the treasury for sugar bounty was So,37s,-
I3o.SS, an increase over the preceding year
OF S2,o33,o53.oo
1t is estimated upon the basis of present
revenue laws that the receipts of the govern
ment for the year ending June 80, 1894, will
be $43o. I2I ,365 5S, and its expenditures.
$4sS,I2I,S6s. .3S, resulting in deficiency OF
$zS, 900, 600, On the hist day OF November,
1903, the amount Of money of all kinds in
circulation, or not included in treasury
holdings, was SI,7IS,s44,6S2, an increase
for the year Of $II2,4o4,947. Estimating
our population at 67,426,ooo at the time
mentioned the per capita circulation was
S2s.4o. On the same date there was in the
treasury gold bullion amounting to $780,
6s7,273, and silver bullion which was
purchased at a cost OF $I26. 26I,553.
THE PURCHASES OF SILVER
under the law Of July "a, 1890, during the
last fiscal year, aggregated 54,ooS, Io2. 50
fine ounces, which cost $45,53I, ,374.SS.
The total amount Of silver purchased from
the time that law become operative until the
repeal Of its purchasing clause on the first
day OF November 1893, was los, ,674, 500. 40
fine ounces, which cost $Is5,93o,94o S4.
Between the first day of March, 1873, and
the first day OF November, 1893, the gov
enment purchased under all laws
sos, ,oo3,7I7 fine ounces Of silver at cost
Of SsI6, ,94S. The silver dollars that
have been coined under the act OF July IA,
1890, number 3o,oS7 ass. The seignorage
arising from such coinage was 96,o77,o ,ooo
SO, leaving on hand in the mints I4o,699,76o
fine ounces Of silver which cost SI26. 7sS,2IS.
OUR TOTAL COINAGE
Of all metals during the last fiscal year con-
sisted Of 997,2So,S75 pieces valued at
SAB ,6Ss 1880, Of which there was $780,
o3S. r4o in gold coin, Ss,343,7I5 in silver
dollars, 97,2I7, 10000 in subsidiary silver
coin and 81, I,oS6, Io3.9o in minor coins.
During the calendar year 1892, the produce
ton Of precious metals in the United States
was estimated to be SI,596,37s fine ounces
az gold Of the commercial and coinage value
OF $4,000, 600 and $4,000, 600 fine ounces Of
silver OF the bullion market value OF
so.75o. 900 and Of the coinage value Of
$749S9,9oo,
July, 1893, the metallic
STOCK or MONEY
in the United States consisting Of coin and
bullion amounted to SI,zIS, 5so,I69, Of
which Sso7, ,697, ,6Ss was gold and poT5,-
Sol .484 was silver One hundred and nine-
teen national banks were organized during
the year ending October 81, 1893, with a
capital OF SII 10000, forty-siS went into
q .Isff ans