The herald., 1894-12-04
HERALDs TUESDAY MORNING. DECEMBER 4 1894

have already partly burned down the
latter, indicates that rsal conc!lation
of the parties 10 still far off. And in q
note Of the 10th ultimo. en-
closing piece Of that re-
port for the information OF his
governments, the German ambassador
said: Tho contents Of the report awak-
ened the imperial governmsnt's appre.
henaion that under existing oircum-
stances the peace concluded with the
rebels will afford no assurance OF the
lasting restoration Of tranquility in the
islands.
The present government has utterly
failed to correct. II indeed il has not
aggravated, the very evils il was in
tended to prevent. Il has not stimu.
lated our commerce with the islands.
Our participation in its establishment
against the wishes OF the natives was in
plain defiance of the conservative teAch-
ings and warnings OF the wise and pat
riotic men who laid the ionndatious Of
our free Institutions, aud invite IN ex-
preston OF the judgment OF congress on
the propriety OF steps being taken BY
the governments looking to the with.
drawal from its engagements with the
other powers on some reasonable terms
not prejudical to any of our existing
rights.
OPERATIONS OF THE TREAeURY.
The secretary Of the treasury reports
that the receipts of the governments
from all sources OF revenue during the
fiecsl year ending June 80, 1894,
amounted to 1872. .So2, ,49s, 20. and its sx-
penditures to $442. sos. 1853 81, leaving 4
deficit of $50 500. .260.5S. There was =
decrease of Sic, ,952 ,674.66 in the ordi-
nary expenses Of the government, as
compared with the fiscal year Of 1898.
There was collected from customs $131,
Sl8 $50 So, and from internal revenue
$147. 1853. .449.70. Tho balance Of the in
come tor the year amounted to sos. 3.8l5,-
5l7.97. was derived from the sale Of
lands and other sources.
The value of our total dutiable i'm.
ports amounted to $2S5, 199, ,0S6. being
$l46, ,657 1926 less than during the prsced.
ing year, and the importations free of
duty amounted to 1879. 795, ,536. being
$64, ,748. .675 less than during the preced-
ing year. The receipts from customs
were S73 $50. 1856 IL less, and from in
ternal revenue, 1885. $50. 97 less than
in 1893. The total tax collected from
distilled spirits was sS5. .259. .250. 25; on
manufactured tobacco, 50, ,6l7 ,S9S. 81, and
on fermented liquors, $3l, Ala, ,7SS.04.
Our exports OF merchandise, domestic
and foreign, amounted during the year
to $S92 ,240, ,572, being an increase over
the preceding year OF $44. .495.37S
The total amount Of gold exported
during the fiscal year was s76, ,Sss, Osl,
az against $lO3, $50, 444 during the fiscal
year 1898. The amount imported was
S72, ,449, 119 against $2l. .174,3S1 during
the previous year. The imports OF sill.
YER were S13, 2S6, ,552, and the exports
we're $50, ,451 .265.
This total bounty paid upon the pro-
duction OF sugar in the United States for
the fiscal year was $l2 100, 208. 80, being
an increase of 81, 1885, ,078 over tne pay
ment made during the preceding year.
The amount paid from July
1, 1884, to August %, 1894.
the time whom further payments
ceased by operation Of Inv, was $685.
1864. The total expense incurred in
the pay ment of the bounty upon sugar
during the hscal was $3.50. 140. So.
1t is estimated that upon the basis OF
our present revenue laws, the receipts
OF the government during the current
fiscal wear ending June 30. 1895. will be
$424, ,427 ,74S.44, and lts expenditures
$44i, ,427 74S.44, resulting in . deficit OF
$2U. 900 900.
On the first day Of November. 1894.
the total stock OF money OF ell kinds in
the country was so,240, ,773,S8S as
against s2.204. .65l 900 on the
frat OF November, 1893, and
the money OF ali kinds in
circulation or notes included in the
treasury holdings was 81, ,672. .093. .422. or
$24 81 per capita upon an estimated pop
uialion of 6S.877, 900. At the same time
there was held in the treasury gold bull
lion amounting to s44 4,Gl5. l7755, and
silver bullion which was purchased at a
cost OF 1927. 49, .9Ss. The purchase OF
silver bullion under the act of
July, 1890, ceased on the frat
day OF November, 1898, and up to that
time there had been purchased during
the fiscal year 1l.9l7 ,65S.7S fine ounces
at cost OF 1915. 81. 50. an average
cost OF $0.73l IL per hne ounce. The
total amount OF silver purchased
from the time that law took
effect until the repeal of iaI
purchasing clause on the date last men,
toned was $l6S. .674. .6S5 So fine ounces,
which cost $l55. 1881 ,0U2 25, the average
price per fine ounce being 5 9244. The
total amount OF standard silver dollars
coined at the mints OF the United States
since the passage of the act of February
%. 1889, is $42l 776. 40S, Of which
1878, 166.793 was coined under the
provisions of that act, s3S.53l,.
l43 under the provisions OF
the act OF July IA, 1890, and $5,078.472
under the act providing for the coinage
OF trads-dollar bullion. The coinage of
ali metals at our mints during the last
fiscal year consisted OF 49, 4S5, 220 pieces.
valued at $3.50, ZIG. 730 OF, of wh,oh there
were $99,474 ,9125O in gold coin
$758 in standard silver dollars; 6. 6.024.-
140 80 in subsidary silver coin and $7l6,-
9l9 rs in minor coin.
During the calendar year 1898 tho
production OF precious metals in the
United States was estimated at 1,739,-
323 fine ounces Of gold, of the CONNER
cial and coinage value OF $35 .955. 900,
and 60, 900, 900 fine ounces of silver. OF
the bullion and market value OF $46.-
800, 900, and of the coinage value of ST..
576, 900.
1t is estimated that ON tho first day OF
July, 1894, the stock of metallic money
in the United States consisting OF coin
and bullion eamounted to 81, Psi $40 958,
OF W hich s627. .923, 201 was gold and 1924.
347 ,757 wac silver.
Fifty national banks were organized
during the year ending October 81,
1894, with a capital OF IS, 285 900. and
70 with @ capital OF l0,475 600 went
into voluntary liquidation. Twenty -one
hopLu with a ca nitel of 60 770 10O Wav0