The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1893-12-09

Last Years Tota! Coinage.
Our total coinage of all metals during
the last fiscal year consisted OF 97,2S0.S75
pieces, valued at s43.' IS, 17s.so, Of which
there Vas $40, ,03s, l4J In gold coin, IS, a43 7i5
In silver dollars. "a, ,217. .220. 90 in subsidiary
coins.
During the calendar year OF 1899 the
production OF precious metals in the
United States WAS estimated to DO 1886.
815 fine ounces Of gold of the commercial
and coinage value of ss3,000,00, and 5S,-
000,t W fine ounces of silver of the bullion
or market value of S5o, 10000 and of tho
coinage value OF Sf4 1890
II is estimated that on the first day of
July. 1893, the metallic stock of money in
the United States, consisting of coin and
bullion. amounted to sl,2l3,559, 1860 OF
which SiaT ,SS7 ,6S5 was gold and s6l5,SG1,-
4S4 was silver.
National Banks.
One hundred and nineteen national
banks We're organized during the year
ending November ], 1898, with a capital OF
Sll ,2so,0o0 Forty-six went into volun-
tnry liquidation and 1853 suspended; Us of
the suspended banks were insolvent S6
resumed business and remain in the
hands OF bank examiners, with
OF the new banks organized a
were located in the eastern states, Al
west of tho Mississippi river and
- in the central and southern
states. The total number of national
banks in existence on the 3lst day Of Oc-
tober 1893, was s796, having an aggre-
gate capital of 95,558, 120. The net in
crease in the circulation of these banks
during the year was sc, ,sS697s.
Repeal of the Purchasing Clause.
The recent repeal Of the provision of
the law requiring the purchase of silver
bullion by the government as a feature of
our monetary scheme has made an entire
affairs. do not doubt but that the ulti-
mate result of this action will be
most salutary and far reaching.
In the nature of things, however, it is i'm
possible 10 know at this time precisely
what conditions will be brought about by
the change or what, if any, supplement.
airy legislation may in the light of such
conditions appear to be essential or expe-
dfent. OF course, after the recent finan-
cial perturbation, time is neces ssary for the
rs.ssta blishment of business confidence.
When, however, through this restored
frightened into boarding places is re-
turned to trade and enterprise n
survey of the situation will prob
ably disclose safe path leading to-
permanently sound currency, abundantly
sufficient to meet every requirement of
In the pursuit OF this object VIC should res
olutely turn away from alluring and tenn
porary expedients, determined to be con-
tent with nothing less than lasting and
comprehensive financial plan. In these
circumstances l am convinced that
reasonable delay in dealing with the sub.
ject instead of being injurious will in
crease the probability OF wise action.
The monetary conference which as
sembled at Brussels upon our invitation
was adjourned to the 30th day
of November in the present year.
The considerations just stated and the
fact that a definite proposition from us
seemed to be expected upon the reassem-
bling OF the conference led me to express
willingness to have the meeting still
further postponed, 1t seems to me that
it would be wise to give general author
ity to the president to invite other ma tions
to such conference at any time whon
there should be a fair prospect OF accom-
plishing an international agreement.
Government Bonds.
On the subject of coinage desire also
to earnestly suggest the wisdom of amend.
ing the existing statutes in regard to
the issuance OF government bonds.
| OF the treasury to issue bonds is not so
| clear as it should be and the bonds author
lied are disadvantageous to the govern
ment both as to the time of their maturity
and rate OF interest.
immigration.
The superintendent of immigration,
through the secretary Of the treasury, re-
ports that during the last fiscal year there
arrived at our ports ,793 immigrants;
OF these ,O63 were not permitted to land
under the limitations of the law and 557
were returned to the countries from
whence they came by reason OF their
having become public charges. The
total arrivals were i40,03l less
than for the previous year
The secretary in his report gives an ac-
count of the operation of the marine hos
pital service and of the good work done
under It's supervision, preventing the en-
trance and spread of contagious diseases
The admonitions of the last two years
| tonching our public health and the dem
| onstrated danger of the introduction OF
contagious diseases from foreign ports
has invested the subject of national quar-
anntine with increased interest A more
general and harmonious system than now
exists, acting promptly aud directly
| everywhere, and constantly operating by
preventive means to shield our country
| from the invasion of disease, and at the
| same time having due regard to the rights
and duties of local agencies, would / be-
lieve, add greatly to the safety of our