The weekly intelligencer. [volume] (Lexington, Mo.) 1891-1901, 1894-10-13
CAPITAL CULLINGS.
A Few News Items Gathered from
Washington.
Secretary Carlisle Has Something to Say on
Silver COinage-The Attitude OF Ger
many on the Sugar ~Tarin-GOOd
Words for Arizona.

WASHINGTON, Oct. S.-Many IN
quiries are daily received by Secretary
Carlisle and other officials in the treas
ury department concerning the silver in
the treasury, its purposes and the
amount being coined at the present
time. One of these letters Secretary
Carlisle has answered in detail and has
made his answer public in the hope it
may answer a great many Others. He
explains very clearly why it would be
impossible under existing law to
anticipate the profit or seigniorage
accruing from the coinage of bullion
into standard dollars. The secretary
says:
There are now on hand at the minis uncoined
silver bullion purchased under the act OF July
IA. 1890, 1876, 27s, 744 fine ounces, costing sls5 50e.-
O53. 1t Is held for coinage into silver dollars
from time to time as may be required for the
redemption OF the treasury notes issued In its
purchase; that is. notes issued under the act
OF July IA, 1890, and 1t is now being coined at
the rate of 100000 per month. Silver is coined
as rapidly as necessary, and, In fact, S20,OOU.0OO
coined from the bullion purchased under the
act OF July IA. 1896. are now held in the treasury.
The return of silver to the treasury for redemp-
ton depends entirely upon the activity Of the
business OF the country, and Is sometimes very
EC4uCht III II IL huIouubS. hI ~ RiCoChs
time, however, very little silver coin is pre-
sented for redemption.
Under the provisions of the statute seignf0r-
age accrues only on the coinage of the bullion,
the seigniorage being the difference between
the cost of the bullion and the coinage value Of
same. In the absence OF any specific author
fty from congress to coin separately the guam
tity of silver purchased under the act Of July
IA, 1890, equal to the amount of the seignior-
age that would accrue on the coinage on hand
NOvembe 1, 1893, the so-called gain or seigni-
orage is declared on the coinage OF silver dol
each month. The seigniorage, II coined, could
be put In circulation only In the Same way
that other money gets into circulation.
The average cost OF the silver purchased I'M
der the act referred to was q. 100 per fine ounce,
and at this rate the cost of the bullion (37l.A
grains) contained in q silver dollar would be
oo.6o6. giving an apparent profit or seigniorage
on each dollar coined Of 30 304. Where gold Is
demanded 1t is paid, and when silver is de-
manded 1t Is paid. There has never been o re-
fusal to pay either.
Germany and Sugar.
WASHINGTON, Oct. 9.-The officials of
the state and agricultural departments
are much interested in the reported pur-
pose of Germany, as given in a recent
Berlin cable, to retaliate against the
United States because Of the special
discriminating duty imposed On sugar
from export bounty paying countries
by discriminating against u meat and
breadstuffs..
at will be very unfortunate" said
DR.. Salmon, chief Of the bureau of ami
NAL industry, ''as the German markets
have been opened to us after a good
deal of trouble. But it has not been
the foreign duties as much as it is the
alleged disease Of American meats, cat
tie and hogs, that has kept us out of
their markets. Our inspection service
has resulted in establishing that Amer
lean hogs are free from trichinosis
and our cattle have no trace
of pleuro-pneumonia. That be-
ing established, this country is
able to make large shipments and am
inclined to think we can hold our own
and continue these shipments IL the re-
taliation does not consist in charging
our meat products with being dis
eased."
The treasury statistics of our trade
with Germany, which will be affected
by retaliation against American meat
and breadstuffs, show that our sales to
that country last year were as follows:
Cattle, $2s5, 1872; canned beef, $~376,917;
salt and picked beef, $44l,4s4; tallow,
SEQ, 800; bacon, $1,O36, 900; hams, $l46,-
800; fresh pork, $780, GIL; lard, $685.
$50; oleomargarine, Sc, $50, 600; butter,
Sill, 900; breadstuffs, corn, s. $3.50, 400;
wheat, 81, 1T, 900; -four, 81, 2s7 900. In
the aggregate a retaliatory policy on
the part of Germany would affect about
SEQ, 900, 900 of American trade in meat
products and breadstuffs.
Arizona's boom.
WARRINGTON, Oct. 10.-A long protest
against the return of Geronimo to Ari-
IONA and against the liquor traffic in
that territory is made in the annual
report of Gov. {. Hughes to the secre-
tary Of the interior, made public to-day.
The report comments generally on the
increase in population, moral education
and social advancement of the people
and the absence of the distress preva-
lent in other sections. 1t shows that
the two previous years of drought re-
suited in a loss of so per cent. of range
cattle in the territory, but was followed
by q general recuperation of the stock
industry. The closing of silver mines
caused by the low price Of silver re-
suited in increased gold production and
development of gold resources, with
the prospect that Arizona will become
q larger gold producer than any other
territory or state. The gold output
was 81, OsO, $50 and silver Sl,7OO, 800.
while of copper 4s, s7O, 500 pounds were
mined. The increase in gold over the
previous year was 81, 07s, 600 and
from the present monthly output
Of gold it is estimated that the
gold product for this calendar
year will be over s., 900, 900 and for
1895 will reach IS, ZOO, 900. The value
Of Arizona's total output of gold, silver
and copper for the last eighteen years
was $lO1, 7s4,Ol7. There are 80, 600 In
dams in the territory and friction with
the whites only exists among the Nava-
Jos, caused by scarcity Of water and
p~asturage on their reservation. Gov.
Hughes stamps the proposed with
drawal Of troops from Arizona a. UNI
wise, and suggests encouraging younger
Indians to take allotted lands in sever