Asheville daily citizen. [volume] (Asheville, N.C.) 1890-1900, 1894-12-03
PRESIDENT CLEyELAND'S MESSAGE
A NEW SCHEME OF BANKING PRO-
POSED.

II Is Carlisle's Plan, But the Presi-
dent Approves of lt-Sugar schedule
of the New Tariff BIll-Free ships
Foreign nRelations-The Message SUM-
married..
WASHINGTON, Dec. 3.-The Presidents
message to Congress opens as follows:
THE assemblage within the nations
legislative halls of those charged with
the duty of making laws for the benefit
Of generous and free people imprcssively
suggests the exactiug obligation and
iuexorable responsibility involved in
their task. At the threshold Of such
labor now to be undertaken by the
Congress of the United States and
in the discharge Of an executive duty
enjc;ned by tie Constitution SUBJ
nit this communication containing
bri,f stat, ment of the condition Of our
national affairs and recommending such
legislation as seems to ne necessary and
expcdient."
Foreign Relations.
The President first treats o. our aft
fairs with foreign counties, passing in
rapid review our relation. all friendly and
OF no especial interest, with Brazil, Port
ugal Chill, China, Japan. Germany,
England and Hawaii. Of the latter he
says:
Since communicating the volumnous
correspondence in regard to Hawaii and
the action taken by the Senate and
House OF Representatives on certain
questions submitted to the judgment
and wider discretion of Congress. the
organization of a government in place
ot the provisional arrangement which
followed the deposition OF the Queen has
been announced with evidence of its
effective operation. The recognition
usual in such ca.es has been accorded the
new government
Finances.
The President takes the following
figures from Secretary Catlisle's report /:
The secretary OF the treasury reports
that the receipts of the government from
all sources OF revenue during the fiscal
year ending June 80, 1894. amounted to
$372 500, ,46S. 90 and its expenditures to
S4l2 Cos 1881, leaving deficit OF
$69. SOB 26O 5S There was decrease
OF SIS 952 GA &C in the ordinary ex-
pcns,s of the government as compared
with the fiscal OF 1898. The value OF
our total dutiahle imports amnunted d
to $415,199,0SG, being Sl46 ,655, ,625
loss during the preceding wear, and the
importations tree of duty amrunt' d to
1879, 795. $50. being S6+,74S 675 less
than during the preceding YEAR. The
total tax collected from distilled spirits
was SS5, ,259.250 25. on manufact red
tobacco $2S,617 Cos 62, and on fer
mcnted liquor. S3l ,+l4, 7S0 o.. Our ex.
ports OF merchandise. domestic and tor
cign, amounted during the year to $500
140 572. being an increase over the pre-.
ceding year OF $++, ,495,37S.
The tota! amount of gold exported
during the fiscal year was $76,S9S .06l
as against S1OS,6 $50 IA during tn.
fiscal year 1893. The amount imported
was S72 449,110 as against $2l,l74,
3S1 during the previous year. The iul
ports of silver were $13. .2S6 552 ant
the exports were 500, Ash ,265 Tota
expenses incurred in the aymrnt of thu
bounty upon sugar during the fsca
year was $3.50, ,140.S5.
| \ Deficit Coming.
| 1t is estimated that upon the basis o
the present revenue laws the receipts o
the government during the current fisca
year ending June 80, 1885. will b.
S42+ +,427. .74S ~ and its expenditure
$+4+ ,427. 74S.4 45 resulting in deficit O
$50 100000.
Money In Circulation.
On the first day OF November. 1894
the total stock OF money of all kinds il
the country was $2,240, 0,773SsS, a
aga nst So, ,2O+ .65l 900 on the first da
of November. 1898. and the monev of a
kinds in circulation was ST. 672 .O93
422 or $24.27 per capita upon an est
mated population OF 6S ,SS7 900.
1t is estimated that on the first day G
July. 1884. the stock Of metallic none
in the United States, consisting Of col
and bullion. amounted to 81 $50, $40
95s of which $627 923 2O1 was gol
and $62+.347757 wa. silver.
The National Banks.
The total number of National bank
in existence on the 3lst day Of Octobc
1894, was 1856, being 40 less thou O
the 3lst dav of October. 1898. tt
capital stock paid in was $672,671 ,36;
being So, ,67S, ,491 less than at the san
time in the previous year, and the su
plus fund and undivided profits, less {:
penses and taxes paid, amounted
S334, 81 .OS2 10. which was $16.0SG
7S0 less than on October 31st, 1898
: The Army.
While the maximum legal strength
j the army is $4,000 men, the effecti
strength through various causes, is b.
little over 10000 men. No considerab
increase in the army is, in my judgmer
demanded bv recent events.
War Department Expenses.
The total expenditures for the war {
partment for the year ended June
1894, Amounted to $56. .O39, ,OO9.34.
this sum $25,37l. .555.96 was for pub
works. This latter sum includes 81!
494, ,O47 40 for river and harbor impro,
ments and So. .947, ,Sl3 sc for dtfenses.
state Militia.
The total enrolment of the militia
the several states is III ,533. officers a.
enlisted men, an increase of 5343 oy
the number reported at the close Of t
previous year. The reports of militia
inspections by regular army Office
show a marked increase 10 interest a
efficiency among the State organization
and strongly recommend acontinuar
Of the policy Of affording every practi'
encouragement possible to this auxilia
of our military Establishment.
The Supreme Court.
The report OF the attorney gene
notes the gratifying progress made
the Supreme Court In overcoming
arrears oi its business and In reaching
condition 10 which it will be able to {
pose OF cases as they arise without a
. unreasonable delay. This result 10 ',
' largely due to the successful work.
Of the plan inauguratiug the Giro