Highland recorder. (Monterey, Highland County, Va.) 1877-1972, 1893-12-15

two revolutions, the party at first success.
fil baving in turn been displaced by an;
other. Our newly appointed Minister, by
his timely goo Offices, aided in peaceful
adjustment of the controversy involved in
the first conflict. The large American In
terests established In that country in con-
nection with the Nicaragua Canal were not
mblested.
The canal company has; unfortunately be-
come financially seriously embarrassed, but
a generous treatment has been extended tc
il by the Government or Nicaragua, The
United States are ESPECIALLY interested In tho
Successful achievement of the vast uhdertak-
ing this company has in charge. That 1t
should be accomplished under distinctively
American auspices, and its enjoyment assured
not only to the vessels OF this country as
channel OF .conmur icatiou between our At
l6htio and Pacific seaboards, but to the ships
OF the world in the interests o. civilization,
is a proposition which, in my judgment, doss
not admit of question.
Guatemala has also been visited by the po-
litical vicisstudes which havO afflicted her
Central American neighbors but the disso-
luton of its Legislature and the pro,lama-
tio1 Of Dictatorship have been unattended
with civil war.
An extradition treaty with Norway has re-
Gently been exchanged shd proclaimed.
The ettfadition treaty with Russia. signed
in March, 1887, and amended and confirmed
by the Senate in February last, was duly pro-
claimed last June.
hiwArtAs tirAtRa.
Il is hardly necessary for me to state that
the questions arising from our relations
with Hawaii have caused serious embarrass-
ment Just prior TO the installation OF the
present Administration the existing Govern
ment Of Hawaii had been suddenly oyer.
thrown, and treaty ofannexation had been
negotiated between the Provisional Govern
ment OF the islands and the United States,
and submitted to the Senate for ratifica-
ton. This treaty l withdrew for
examination and dispatched Hon.
James H. Blount, of Georgia. TO Honolulu as
a special commissioner to make an impartial
inyestation Of the circumstances attending
the change Of Government, and ofall the con-
ditions bearing upon the subject of treaty.
After thorough and exhaustive examination
Mr.. Blount submitted to me his report, show
ing beyond all questionth that the constitution
al Government of Hawaii had been subverted
with the active aid Of ourr representative to- that
Government, and through the intimidation
caused by the presence OF an armed naval
force Of the United States which Isas lar1dd
fer that purpose at the instance df our Min
ister. Upon the facts developedit 1t seemed to
me the only honorable course for our Govern
ment to pursue was to undo the wrong that
had been done by those representing us and
to restore as far as practicable the status ex-
isting at the time of our forcible Intervention.
With a view OF accomplishing this result
within the Constitutional limits OF Executive
f,f oil AlNl rrofi NJ
and responsibilities growing out Of any
changed conditions brought about by our un-
iustihable interference, our present Minister
at Honolulu has received appropriate in
structions to that end. Thus far no informa-
ton Of the accomplishment Of any definite
results has been received from him.
Additional advces are soon expected.
When received they will be promptly sent to
the Congress, together with all other infor.
nation at hand, accompanied by special
Executive message fully detailing all the
facts necessary to a complete understand
ing of the case, and presenting history OF
all the material events leading up to the
present situation.
INTERNATIONAL ARBITRATION.
By concurrent resolution, passed by the
Senate February IA, 1890; and by the House
bf Representatives on the 81 Of April follow
ing, the President was requested ''to invite,
from time I'd time as fit occasions may
arise, negotiations with any Government
with which the United States has
Of may have diplomatic relations
to the end that any differences
or disputes arising between the two Govern
ments which cannot be adjusted by diplo-
matte agency may be referred to arbitration
and be peaceably adjusted by such means. y
April 18, 1890, the international American
| Conference Of Washington by resolution ex-
pressed the wish that all contrO Overstes be-
| tween the Republics of America and the Ma
lions of Europe might be settled by arbitra-
ton. and recommended that the Govern,
ment of each Nation represented
IN that conference should communicate this
wish to all friendly powers. A favorable re-
5ponse has been received from Great Britain
ID the shape of resolution adopted by Par
lament July 16 last, cordially sympathizlng
with the purpose in view and expressing the
hone that her Majestys Government will lend
ready cooperation to the Government OF the
United States upon the basis of the concur
rentresoution above quoted.
1t affords me signal pleasure to lay THIS
parliamentary resolution before the Congress
and to express my sincere qualification tina
the sentiment OF two great and kindred Ma
lions is thus authoritatively manifested II
favor of the rational and peaceable settle
ment of international quarrels by honorable
resort to arbitration.
THE FINANCIAL QUESTION.
The Secretary of the Treasury reports that
the receipts of the Government from al
sources during the fiscal year ended jun
30. 1893. amounted TO S461 ZIG, SOL "a and it
expenditures to S459, ,374 ,67429. There wa
collected from customs S205, 1856, ,016.73, an'
from internal revenue S161, ,027, ,623.93. Ou
dutiable imports amounted to S421, ,S56, I'll
an increase of $52, 453, 907 oyer the precedin!
year. and importations free OF out.
amounted to S444, 4,544211. a decrease iron
the preceding year of $13, 455, ,4E lnterna
revenue receipts exceeded those OF the pre-
ceding year by 81, LAT, 1853
IF is estimated upon the basis OF presen
revenue laws that the receipts of the Govern
ment for the year ending June 80, 1894, vii
he $430. .121. .365. .38 and its expenditures S458,
121. .365. .38, resulting in deficiency OF $2S,
900, 900,
SILVER PURCHASE REPEAL.
The recent repeal OF the provision OF Law
reouiring the purchase OF silver bullion b.
the Government as feature Of our monetar.
scheme. haa made an entire change In the
complexion of our currency affairs. &c
vot doubt that the ultimate result oil thi
,ction will be most sslutary and far-reach
No. In the nature OF things, however, it l
impossible to know at this time, precisei.
what conditions will be be brought abou
by the change, or what, II any, supple
mentary legislation may, in the light OF sue!
conditions. appear to be essential or ex
pedient. OF course, after the recent financl'
perturbation time is necessary for the re- eS
tablishment of business confidence. Wher
however, through this restored conf lenc
the which money has been frightened int
boarding places is returnei to trade and e!
terprise, survey OF the situation will pro-
ably disclose safe path leading to pei