The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1893-12-05

built by Spain and sent to the Column
bian Exposition, has been presented to
the United States in token of amity and
in com memo ton of the event it was
designed to celebrate. recommend
that in accepting this gift, Congress
make grateful recognition of the sincere
friendship which prompted it.
Our Relations With Hawaii.
1t is hardly necessary for me TO state
that the questions arising from our re-
lations with Hawaii have caused serious
embarrassment. Just prior to installa-
ton of the present administration tho
existing government of Hawaii had
been suddenly overthrown and treaty
OF annexation had been negotiated be.
tween the provisional government of tho
islands and the United States and sub
mitted to the Senate for ratification.
This treaty l withdrew for examina.
ton, and disatched Hon. James H.
Blount, Of Georgia. 10 Honolulu as q
special com missioner to make an i'm.
partial investigation of the circum
stances attending the change of gov
ernment, and all of the conditions bear
ing upon the subject Of the treaty.
After thorough and exhaustive exami-
nation, Mr.. Blount submitted to me his
report showing beyond all question that
the constitutional government of
Hawaii had been subyerted with the
active aid Of our representative to that
government, and through the intimida-
ton caused by the presence Of an armed
naval force OF the United States which
was landed for that purpose at the
instance of our minister.
Upon the facts developed it seemed to
me that the only honorable course for
our Government to pursue was to undo
the wrong that had been done by those
representing us and to store as far as
practicable the status existing at tho
time of our forcibe intervention With
view OF accomplishing this result
within the constitutional limits Of
executive power and recognizing all our
obligations and responsibilities growing
out Of any changed conditions brought
about by our unjustifiable interference,
our present minister at Honolulu has
received appro oriate instructions to
that end. Thus far no information of
the accomplishment of any definite re-
suits have been received from him.
Additional advices are soon expected.
When received they will DO promptly
sent to the Congress, together with all
other information at hand, accom- panied
by special executive message FULLY
detailing all the facts necessary to d
SOHi PAVbo uhuCi vi GnS Case ana
presenting history OF all the material
events leading up to the present situa
ton.
Secretary Carlisle's Report.
The Secretary of the Treasury reports
that the receipts of the Government
from all sources during the fiscal year
ended June 80, 1893, amounted to
Si6l,716.04 and it's expenditures to
S459, 374, 674.29 There was COLLECTS
from customs S2O5, ass, DIG 10 and from
internal revenue SlGl, O27. G23G3. Our
dutiable imports amounted to S42I,-
s56,711, an increase of $50, Asa, 9O7 over
the preceding year and importations
free OF duty amounted to S444, 544,2l1,
decrease from the preceding year of
Sl3,455,447. Internal receipts extended
those or the preceding year by Stat
44O.32.
The amount OF gold exported was
larger than any previous year in the
history of the Government, amounting
to Sl0S,6s0, S44, and exceeding the
amount exported during the preceding
year by S5S,4S5,5l7. The sum paid
from the Treasury for sugar bounty
was Sa,375, boss, an increase over tho
preceding year of S2,O33, O53.O9. 1t is
estimated, upon the basis of present
revenue laws, that the receipts of the
Cd
80, 1894, will be $3.50, 12l 1865 IS and it's
expenditures S45s. 12l, 36j.3s, resulting
in deficiency of SIS, 900, 900.
The purchase OF silver under tho law
of July IA 1890, during the last fiscal
year aggregated 54.00s, 1G2 SO fine
ounces which cost S45 531, 374 So The
total amount Of silver purchased from
the time that law became operative
until the repeal of it's purchasing
clause on the first of November, 1893,
was 16S, G74, 59O.46 fine ounces, which
cost SIS, $50, $40 s4. Between the first
day of March, 1873, and the first day of
November, 1898, the Government pur-
chased, under all laws, 500 ,OO3.7l fine
ounces of silver at q cost OF $4,000,
o4s The silver dollars that have been
coined under the act of July IA, 1890,
number 36,0S7,2S5. The seigniorage
arising from such coinage was S6,977,-
OSS 80. leaving on hand in the mints
14O, 1890 fine ounces of silver, which
cost S126, 75S,21s.
One hundred and nineteen national
banks were organized during the year
ending October 81, 1898, with q capital
of Sll,230,00O. Forty six went into
voluntary liquidation and 1853 suspended.
Sixty-hve OF the suspended banks were
insolvent; eighty six resumed business
and seven remain in the hands of bank
examiners with prospects of speedy
resumption.
The Repeal ofPurchasing Clause.
The recent repeal OF the provision of
law requiring the purchase of silver
bullion by the Government as a feature
of our monetary scheme has made an
entire change in the completion OF our
currency affairs. l do not doubt that
n .