The Providence news. (Providence [R.I.]) 1891-1906, 1894-12-03

amounting 70 Sg3 80 ,5l797, was derived from
the sales OF lands aad other sources.
The value Of ourg total dutiable imports
amounted 10 sNb, 1885, being $ls0,851 625 less
than during the preceding kA,r and the inn
portations free Of duty am SSAted to S31s, ,705,-
$50. being sol ,C75 less than during the pre-.
oeding year. The receipts from customs were
1S.5Se,4 ,4ssli less, and from internal revenue
sls,sb5,oSsS less than in l503.
The total tax collected from distilled spirits
was ssb,|s, ,xe0s5; ON manufactured tobacco,
ia 'svssx, and on fermented liquors, s3l Ala,
TssW.
Our exports of merchandise, domestic and
foreign, amounted during the year 10 ss02-
l4o,o7s, being an increase over the preceding
OF sl4,&s s7s
The total amount Of gold exported during
the fiscal year was N6 s98 ,O8l, as against $685.
GO, -, during the fiscal years 1893.
The amount imported was S72, ,44e ll9, as
against ,li4,Ssl, during the previous year.
The imports Of silver were Sl8, ,2Sg, ,552 and the
experts were $50 46l ,265.
The total bounty paid upon the production
of sugar In the United States for the fiscal wear
was si2, ,l00, ,aOe.s9, being increase Of s2725,.
Ws.0l, over the payments made during the
preceding year. The amount Of bounty paid
from July /, 1891 10 Aug. rs, 1894. which was
the time when further payments ceased by
operation Of law, was s96d, 1904. The total ex-
penses incurred ian the-payment of the bounty
upon sugar during the fiscal year was sl3O,l40-
a
present revenue laws the receipts Of the gov
ernment during the current fs cal year ending
June 80, 1895, will be s424, ,f4s44 and its ex-
penditurss s4i4, AZ 74s.44, resulting in defci.
OF SO, ,oQ0,000
On the first day of November 1894 the total
stock Of money of all kinds in the country was
$2,24o, B,Sss, as against S2.20405l,0 900 on
Nov. /. 1893, and the money of all kinds in cir
culstion, or not included in the treasury hold
ings, was 81 s72, ,0es AZ, 2427 per capita upon
an estimated population Of 81 Ss7 .000 AT the
same date thsre was held in the treasury gold
bullion amounting 20 SATELLITES, and silver
bullion which was purchased at a cost OF sl27,.
77s,9sS.
The purchase Of silver bullion under the act
Of July "a 1909 ceased on Nov. 1, 1893, and up
10 that time there had been purchased during
the hseali year, IL, ,el7 COSTS fine ounces, at
cost of ss,7lS,bI. 81 an average cost OF s0.78I3
per fine ounce. The total amount of silver pur-
chased from the time the law took effect until
the repeal of its purchasing clause on the date
last mentioned, was l6S, ,674 6S2.53 fine ounces
which cost slt6 93l 0c2 20, the average price per
ounce being s0s24l. The total amount of
standard silver dollars coined at the mints Of
the United States since the passage of the act Of
Feb. 2s 1873, $42l 776los, OF which s37s l65s93
were ceined under the provisions OF that act
s3s,@l,l8 under the provisions of the act of
July ID, 1890, and S., Az under ths act pro-
vidng for the coinage of trade dollar bullion.
Inc tOIhl ColnaSt OF al at our mlntS
during the last hscsl year consisted of 63,ls5,.
40 pieces valued at sl06,2l6, ,130.06, of which
there were $ve s14,sl2.t0 in gold coin S75S in
standard silver dollars, s6,024, ,lt0.30 in sub
sidiary silv5f coin, and Sl6ol9.& in minor
coin.
Fifty national banks were organized during
the year ending Oct. 81, 1894, with capital of
81, az, ,0os, and 10 with capital of 0,475,0OO,
went into voluntary liquidation. Twenty-one
banks, with a capital Of 2,17O,OO0, were placed
in the hands Of receivers The total number
OF national banks IN existence on Oct. 81 last
was S75S, being 80 less than on Oct. 81, ls93 The
capital stock paid in was sTs,o7l 565, being
s9,b7s, ,<el less than at the same time in the pre-
| vious year, and the surplus fund ard undi
| yided profits, less expenses and taxes paid
amounted TO $3.50, ,l2l ,Os2 10, which was sI6,0s9-
's0 less than ON Oct. 81, 1888, the circulation
was decreased Sl,74l ,5g3.
The Militia.
From the report of the secretary of war it
appears that the strength of the army on Sept.
3d. 1894, was 2l85 officers and 25.165 enlisted
men. Although this is apparently very
slight decrease compared with the previous
year, the actual effective force has been in
creased to- tiie-eq equivalent of nearly two regi-
ments through the reorganization of the sys-
tenn OF recruiting and the consequent release
to regimental d lty Of the large force OF men
hthsrte ser wing at the recruiting depots. The
abolition OF these depots, 1t is predicted, will
furthermore effect an annual reduction ap
| proximsting s260,000 in the direct expendi
tures, besides promoting generally the health,
morals and discipline of the troops.
The execution of the policy of concentrating
| the army At important centers of population
| and transportation, foreshadowed in the last
annual report of the secretary, has resulted in
the abandonment of l5 Of the smaller posts,
| which was effected under plan which
semi les organizations of the same regiments
| hitherto widely separated. This renders our
small forces more readily effective for any
| service whioh they may be called upon TO per-
| form, increases the extent OF the territory
| under protection without diminishing the Sc.
| ourity heretofore Afforded 70 any locality, i'm
| proves the discipline, training and esprit do
| corps of the army, besides considerably in
creasing the cost Of It's maintenance.
While the me ximum legal strength Of the
army 10 ~ 900 men. the effective strength,
| through various causes, Is but little over 2ODOO
| men The purpose Of congress does not there
| fore, seom 10 lie fully attained by the existing
condition While no considerable increase in
the army is, in my judgment demanded by
recent events the policy OF seacoast fortih-
| cation, In the prosecution Of which We have
| been stoaiily eAgaged for some years, has so
far developed a. TO suggest that the effective
| strength OF the army be now made at least
| equal TO the legal strength.
| Measures taken by the department during
the year, as indicated, have already consider
| ably augmented the effective force, and the
| secretary of war presents plan, which rec
ommend Co the consideration OF congress, 20 at
| tain the dcsNed end. Economies effected In
| the department In other lines of its work VIII
| offset. 60 great extent, the expenditure in
| volved i'm tho proposition submitted. Among
| other things this contempates the adoption OF
| the three e.battalion formation OF regiments,
! which for several years has been inlorsel by
| the secretaries of war and the generals COM
| manding the army. Compact in itself, II pro.
vides skeleton organization, ready 70 be filled
| out in the event Of wnr, which is peculiarly
| adapted 10 cur strength and requirements
| and the fact that every nation, with single
exception. has adopted this formation to meet
| theconditions ~ modern warfare, should Gh)ne
| secure for this recommendation an early con
| sideration.
| IL Is hardly necessary 10 recall the fact that
| In obedience 10 the commands Of the conetitu-
| tion and the .ws. and for the purpose Of pro-
tceting the properly OF the United States. aid
ing tho process of federal c)urts and removing
| lawless oi,a.r cti0ns to the performance by
the govern = it' legitimate functions IL