The Yale expositor., 1894-12-07

/ so, l74,SSl during the previous year. The
| imports of silver We're $l3, $50, 552 and the
! exports were $50 45l, 265.
The total bounty paid upon the produc-
! ton of sugar In the United States for tie
fiscal year was Sl2,lOO, ao 49, DeIns an Ia
| crease of S2725 .07S OF over the payments
made during the preceding year. The
Gmount OF bounty paid from july ], lisa.
/ to August 20. 1894, the time when further
| payments ceased by operation of law, was
| $685. 1855 "a. The total expenses incurred In
| the payment of the bounty upon sugar
| during the fiscal year was $3.50, 40 50. II Is
| estimated that upon the basis of our pres
| ent revenue laws the receipts of me gov
ernment during the current fiscal year
ending June 30 1895. will be &2t Az 7lS A.
and its expenditures $iH.427,74S Al, result
| ing in a deficit of S2O,00),oOO
on the first day of November 1894, the
| total stock of money of all Kinds IN the
country was 81 240,i 1888, as against 81
1893, and the money of all kinds in circu-
lation, or not included in the treasury
holdings, was I,6720sS,422; or ~ - per
capita upon an estimated population OF
6S, 5S7, COO. At the same time there were
held In the treasury gold bullion amount
ing TO SH6l5.177 s., anu silver hullton
93S. The purchase of silver bullion
under the act Of July H. 1890, ceased on
the first day of November, 1893 ana up 10
that time there had been purchased dur
ounces at a cost of SS.7l5.52l 81, an aver
age cost of $0.1Sl3 per fine ounce. The total
amount Of silver purchased from the
time that law took effect until the re-
peal of it's purchasing clause, on the date
last mentioned, was l6S,6A6S2.53 me
ounces. which cost $l55,93l ,OO2 p, the av-
erage price per fine ounce being SO.9244
The total amount of standard dollars
coined at the minis of the United States
since the passage of the act of February
o. 1873 is 1921 ,776 40S. Fifty national banks
October 81, 1894, with a capital of 80 80
600. and seventy-nine, with capital OF
$40 475 600. went into voluntary liquidation.
Twenty-one banks, with capital OF 81
no 900. were placed in the hands of receiv-
ers. The total number of national banks
in existence on the 3lst day or october
last was 1856, being forty less than on
the 31st day of October, 1898. The total
resources Of the banks ut the date men
toned amounted TO $9,47S,922,Ooo, against
So. 100 56S, 2si Sc in 1898.
Condition of the Army.
The secretary of war reports an eff
fective force in the army of 2,l35 officers
and 25, COO enlisted men. an apparent de-
crease from last year, but an actual ef-
fective increase of two regiments. Fiji
teen small posts have been abandoned
by concentrating troops at large cities.
Three-fourths Of the army is stationed
west of the Mississippi The president
recommends that the effective force of
the army, now about 10000, be made equal
to the legal force. Q, 900. The president
recommends the authorization of the
three battalion formation of regiments,
as economically providing an effective
skeleton organization. The president only
cursorily alludes to the use OF troops
during the railroad disturbances of 1894.
The enrolment - militia is III ,333 officers
and men, an increase of 5.343 over last
year. The reports Of the militia inspec-
tons by regular army officers show a
marked increase in interest and efficiency
among the state organizations and con-
inuance OF the policy of affording every
practical announcement possible to this
important auxiliary 10 our military es-
tablishment is recommended. The skill
and industry of our ordnance officers and
inventors have. it is believed, overcome
the mechanical obstacles which have
heretofore delayed the armament of our
coasts, and this great national undertake
ing upon which we have entered, may
determine. The total expenditures for the
war department for the year ended June
80, 1894, amounted to S6,39O,OO9 "a. Esti-
mates for the next year call for appro-
priations of $52,Sls,62? So. The president
suggests that the rank of lieutenant-gen-
eraI be restored in recognition of the
| services OF Maj -Gen. John NJ. Schofield
to permit his retirement with rank be-
fitting his merits.
The Realm of the Blind Goddess.
satisfaction Is expressed by the presi-
dent because OF the success OF the Su-
preme Court in overcoming. the arrears
in its business. as reported by the attor-
ney-general. A recommendation is made
| for an additional judge in the Supreme
gress is asked to consider the abolition
of the fee system in compensating fed
eral officers; the allowance of writs OF
| error on behalf of the United States; the
establishment of degrees of murder; a
Federal Court for the Indian Territory;
the reorganization OF the Union Pacific
Railway Co. on a basis equitable TO all
public and private interests; an appro-
pration for the erection of two or three
prisons for the confinement Of United
States prisoners.
The PostoTce Department.
The postmaster-genera says: The re-
ceipts of the postofiice department for
the fiscal year were SIS 0So, 479 o.; expen-
| ditures, $d,32i. Ala Is. The postmaster
general suggests the Encouragement of
second-class rates so that none but le-
| climate newspapers and periodicals shall
get the benefit of the rate. He also wants
| an amendment excluding government
seeds from free transmission. With these
| changes the postottice department can pay
| it's way from its own resources. The to-
| tai number of postofiices in the United
States on. the Both day of June, 1894, was
| ing year. OF these 3,42s were presiden-
| tial, an increase i'm that class OF sixty
eight over the preceding year. While 60
| towns are provided with free delivery, 80
| other cities and towns entitled to this SER
vice have not been accorded IL on ac-
count Of insufficient funds.
The Navy Department..
The report of the secretary of the navy
shows very gratifying progress in the
| construction of ships for our new navy.
All the vessels now building will probably
be completed during the coming fiscal
year The estimates for the increase of
the navy for the year ending June 30,
1896, are large, but they include practically
the entire sum necessary to complete and
equip all the new ships not now In COM
mission, so that unless new ships are
authorized the appropriations for the
naval service for the fiscal year ending
| June 30, 1897. should fall below the esti-
| mates for the coming year by at Least
| S12, 00O. 900. The secretary presents vita
much earnes.ness n plea for more torpedo
boats. The secretary recommends the
manufacture of a reserve supply of ord
| nance and ordnance material for ships Of
| the navy, and also for the auxiliary fleet.
| provided and kept on hand for both these
| purposes. The president refers to the use
| of American ships to protect American
| interests in various parts of the world
| in the past year. Admiral Benhams ac-
| ton at Rio is commended. He recon-
! mends the transfer of the coast survey
| TO the navy department, and sugges; S
! that some remedy be provided for the
| present s.agnation of promotion In the
| navy. He wants the civil service system
continued in navy-yard administration.
The Interior Department..