The Big Sandy news. [volume] (Louisa, Ky.) 1885-1929, 1893-12-08

lllfh uni on fcrnenttd liquors t1s,bts, $50 OF
We exported merchandise during ,he year
ainsuullng 10 ssi7 6d5 i9L decrease of else 0lg,
i3l from the preceding year
Tho amount u gold exported was larger than
on prev oua year In the history Of the govern.
meni, amounting 10 tlfs Osik and exceeding
the amount exported during tho preceding year
by e@ l95H, The sum raid from The treasury
Ter apr ~ bounty WAS f0a55.Iepke 40 iucrense
over ne retcaiug year OF sstabmsoo
Its es N ted upon tho basis Of present rev
nuU laws that tho receipts n me royfrrmcnt for
lhe scar rh1ilg Jan -, lbll, VIII lc tliu ial,
10 'S aailts expenditures fi5s iei. o. ~. result
ing ih o doncit of s,st01Oo0
Ol The first cay oi November isa the
amount q money Of al kinds In circulation. OF
not included 10 treasury holdings. was q .5is !.
sH.cs', an increase Tor the year Of ili2iOi,g ,gi7
lsHihastugNu Nuur population at 67f@0o at the
time juenuoued, the PER capita circulation was
( a % o. ihe same date there was in the treas
nry rnll BOLTON amounting TO sld655,g;a and
silver bullion which was ptrtha, ed alta cost OF
tls 'flfa
Toe urchisos Of siiycrundcr The law OF July
~ lNi turing the last fiscal year aggregated
sifcs ifs - line oungfs which cost 3i5 59i afi 5S
I'ht 20 NJ amount Of silver purchased from the
tine ha awbeelmo operative unil the repeal
el il- puTchtiing clause. on The lsi day OF No
Vdf1hr o. WAS ids ga 500 40 nue ounces.
waitr cl. 8i6,gp9toA Betv eeh The isi day
~ Aarsh ! = hapd the lst day Of November
isAt tl0 q gernmeni purchased under nIl laws,
altpi ii ilne onuees Of silver az q cost OF siiG-
fa9s lhs silver dollars hat have been
rolnai ntdr tho act of 5uly II. isga, number
3Am7 - ne seienlonge arising from such
. .alre va p ~. leaving on hand In the
mnH iii 6lg 10 fine ounces Of silver which cost
ft2d7iAsis
otT total of IN metals, during the last fiscal
year consisted Of " esosi5 pieces valued al
an,HS i7S ~, Of which there was t3i OBS iiO IL
gold coin fi ii1 Tia Ia silver dollars G,2i7 20 y
In subsidiary silver coin and il,OG l02 % 10
minor coins
During iho calendar year 1872. the production
Of precious metals In the United states was
estimated 10 be i.i0is5s fine ounces Of gold OF
the commoFria aud coinage value OF tapl0.Oo1.
ind 90 tne ounces Of silver oi the bullion
OF marsct yate o. is15jo,0o. and Of the coin.
ago valncof figae0
II gcatinlted that on the nrst day Of July,
lsa The metallic stock Of money in The United
States. torslsiins Of coin and bullion amounted
20 I si9h i0l. of which tjg7 I6si was gold
and ,1li.f6l is WAS silver
One hundred aad nineteen National hanks
were ogg1nE'd during the ycnr cnding October
~, o. va a capital @; sli. 5000 iOrty-siN
weat !n,o voluntary liquidation and eae hun.
drcd AMI hity-clghi suspcnlei siHiy.hve Of
thN s1spfnio1 banks we're .ar 'vent cphty-siN
resumed ln,iasss. and seven rema.a 3 'hr
handi o. baaa examiners, with prospects OF
speedy resumption.
tn fcr-ni REPEAL of the provision q law re-.
quripr ne purchase NJ - yer bullion by the
gOrornm'nt As feature OF our monotar
schcmo b made On entire charge In the com.
rlcxion OF our " ncT AFFAIRS / DO not doubt
thalt1e a initr result ~ this action will bC
most sA'liaS ana far reaching
in the nature OF ihinss, however, It Is lmpos.
sitc 10 kanw az this Ilmr precisely what con.
dl'ions vii BE- hr0usht about bg the change OF
what " anr, supplementary lag,s'ation may. IN
the ligtt ~ such Co ditlans appear 10 be essen,
uhl or expcdiont OF course after the recent
financial puriurblton, timo Il necessary for
thn F,tEihhashmcnt O; business confidence
Wheg, however, through this restored con.
ndenVc tho mla'F which has been frightened
INTO boarding places Is returned to trade and
ou'cruise. survey q the situation
VII probably disclose safe ran lead ng
| toa IprphucnilY SQUAD currency ablndauUy
sp1eicat 20 mcct Cvcrs cqaiylcBt o. cur in
| erfadnE puprlat on and busiu ~. In The pur.
| sfit % % iecl VIC SHOULD rcsouicly turu
| Away isom aliurlng Anl iCmplrnry tNpodirnts
| determined 10 Dc eoatcnt wan nothing less than
| lgB'igg ard comprehensive financial Plan
! IH thCsg circumstance am Convinced that d
reasonable dclay IN dealing with his subject
/ instead OF hVinf iriuriouS viii Increase the
PRO aOhiiy o. visoh-tiua
l The mnnct1rf coi'trcncc. which assembled
/ az brussels pon our inwiaioi adjourned 10
thc N,h day % November in TIE prcscni year
The cous'derau irs Just stated aus the fasi
/ that a definite proposition from rs seemed 70
ho expected upou The rcassemhllng Of the con
| ference, iod me 20 express a WILLINGNESS 10 have
/ the mccurg sun tulthcr nos p3ned II seems
| 20 me that it would b. wise 90 c.yo general
4 authority 10 thc president W inyte other ua
1 tious 90 such a conference ~ any timo when
I there should tc fair Prospect of accomplish
I inr 81 international agreement on tho sublact
/ OF coinage
Idcslrc also to earnestly Suggest the wisdom
/ Of amcedia iae existing statutes Ia regard to
/ The issuanec ~ government bonds
The authority noS vested VA the secretary Of
the treasury to issue ho1ds IL not rs clear as 10
should b. anl he bonds authorized arc disad.
vAntagcous to the government both as 10 the
tino " their maturity and rate OF interest
| Tho superintendent Of immigration through the
secrctyy of The trc s1ry reports That during
the laN fiscal year there arrived at our ports
ito5sl lnmrrAnls OF those 1908 were not
permitted 10 land under the limitation of the
law and so wCr, returacd TO tho ccun rlcs
from whence they came hy reason Of their hav.
ING ocoonc pgllio charges Tha ioid arrivals
were nai less than ior the prty.ous year
In regard 10 the prevention of cona gious dis.
eases catering from iore,rn plrts the president
says, mere general ami hum1nlous system
than now exists, acting promptly aud directly
everywhere, rad eonsAutlg operating by pre-.
ycnuvo means 70 shield our country from the
invasion OF disease, and at TIC same time
having due regard TO the rights and duties OF
LEGAL agencies, would, believe add greatly 10
the safety OF our people
. ~ secretary Of war reports that the strength
OF the army on the Oih day OF september last.
was si,iis enlisted men and 2,lii oliccrs
Tho total cxpcuiit res OF the department for
the gear ending June 30 isQ1 ain9nntiay to i5l +.
adto5i@ OF this sum ,ige5si o. was for sal.
aries end contingent expenses til8.is2s s. Tor
the support ot the military establishment o..
01,ni3 iS Tor miscellaneous oil lNcis and S3l hiS,.
Gli n for public works This hitter sum IN.
cludcs slAepG S1its for river and harbor i'm.
provcmon,s and sae5ilie1 for Qualifications
and cihor works Of defense
The total enrolment OF the militia OF the sew.
eral states vas on the 3lst Of October OF the
current year sspi, officers and enlisted mon
The oiicors OF the army detailed for the inspec.
tion and instruction Of this reserve Of our mill.
iary force report that increased interest and
marked rrogress are apparent 10 the discipline
aud efficiency OF the organization
Neither Indian outbreaks nor domestic VIC
lenco have called the militia into service during
lAc year and the only active military duty re-
qpired Of 1t has been in the department o
Texas, where violations OF the neutrality laws
OF the unlied States and Mexico were promptly
and efficiently dealt with by the troops. elicit
Ing the warm approval OF the civil and military
authorities OF both countries
The operation ofwise laws ana the nanenoe,
Of civilization constantly tending 10 relieve the
country from The dangers OF Indian hostilitei
together with the increasing ability Of IN,
| states, through the efficiency of the nationa
guard organizations, TO protect their cltigeni
, from domestic violence lead 70 the suggestion
that the time is fast approaching when iher,
should be q reorganization Of our army on tn,
/ lines OF the present necessities Of the country
tits gratifying TO notc that We have be gun I,
attain complete results in the comprehensive
scheme OF sca-coast defense and fortincation
entered upon eight years aro large sum hai
been already expended, but the cost OF maia
tenance will ho neonsiderable rs compared
with the exrenss Of construction and ordnance
, AT the end OF the calendar year the war depar,
4 mont will have nine t. inch guns twenty ~
, Inch, and thirtyiour s-ineA guns, ready to b
y, mounted on gunlf,s and Carriages AM
sevcntf'nve is'ineh mortars IN Sddiioi
TO tho prodgct Of the army gun factory
4 now completed Mt Watcrvliet. the govornmcn
4 has contracted with private parties for the pur
+ chase Of ono hundred guns OF these callbers