The Mt. Sterling advocate. (Mt. Sterling, Ky.) 1890-current, 1894-12-11

: tensl A4s ~ ru.g y Dec cc1 iatt8 vIa NJ
e laiportsi stricti hin
s on the If rries aud sd sf 4
II tors MI 81 u u
8 protcete1 tac pars
: occasN unl to mr. N tn
!, Russitn gopc araiity o. t5ettm t r.
. our igeat s a.tc corsp ss IS os
= operatious ny oas est1nded tfnou
: tu Pc sef * 4. b SO 10 Is arpora
lions to traV 1t l,ilNVss iathe Ua tatcs
: we nsturaa4 eSpwt no less too e TO
our own . tae ample fields of Go petition
abroad
Unre ntgle and unjust fines iinuosed b!
spain on ~ vesse Il coinmefce ~ tht
! United :Hg ave (, en- .ngsa ir0ru inc Il
time d. ia9 last wenty Gears 40 re-
monstaaee uN9 "a the p4st OF on gov nent
the ilnlGeslg.e Tast exorbitaul uer lilies
have been iulrosefDuppm our vessels "a goods
BY custom agthoritiCs Of Cuba aud Porte
Rico for cleri ~ errors of the RIO trivia
character in The mani ests or bus lading
In some cases fines amounting to thousands Of
dollars have been levied upon carroes o. the
carrying vessels when tue goods in pues-
tion were entitled to ee entry. Fines have
been exacted even when tie ror las been
detected, and the Spanish authorities notified
before the arrival OF the goods In port
This conduct is in strange contrast with the
considerate and liberal treatment extended to
Spanish vessels and cargoes in our ports In
like cases. No satisfactory settlement of these
vexatious questions has yet been reached. :.
4 The Mora case referred to in my last annual
message. remains unsettled. From the diplo-
matte correspondence on this subject, which
has been laid before the senate. 1t will be seen
that this government has offered to conclude o
\ convention with pain for disposal by arbitra-
tion of outstanding claims between the two
I countries, except the Mora claim. which, hav-
! ing been long ago adjusted, now only awaits
I payment as stipulated.
! The rules for the prevention of collisions at
| sea which were framed by the Maritime con-
| ference held in this city in 1889, having been
| concurrently Incorporated in the statutes OF
| the United States and Great Britain. have
been announced to take effect March l. 1895,
and invitations have been extended to all
maritime nations to adhere to them. Favor
able responses have thus far been received
from Austria, France, Portugal, Spain and
Sweden.
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 1872 80! 20 and its ex-
penditures to S4i2, COS 1887, leaving deficit Of
500, 500. 05S
There was decrease OF slS952. ga Sc in the
ordinary expenses OF the govercment, as COM
pared with the fiscal year lS9
There was collected from customs sIS1 Bls.-
$50 g., and from internal revenue Sl4716s, 40 90
The balance of the income for the year.amcunt-
ing to 500, 8l551797, was derived from the sales
of lands and other sources.
The value OF our total dutiable imports
amounted to 1915 199 0S6 being SAG 657 6a5 less
than during the preceding year. and the i'm
portations free of duty amounted to 1919 T95.-
536, being s64 1855 less than during the pre-
ceding year. The receipts from customs were
S73.536 1851 less, and from internal revenue
Sl3, 97 less than in 1893
The total tax collected from distilled spirits |
was S85259,25025 on manufactured tobacco |
s2s g., and on fermented liquors S3l ,4I4-
1885,
Our exports of merchandise. domestic and |
foreign, amounted during the year to 1892. 14O,-
572 being an increase over the preceding year
of 44, 495,378
The total amount of gold exported during the
fiscal year S76s9s,O 6 as against SlOs COS 444
during the fiscal year 1893. The amount inn
ported was S72 449 l9 as against s21 ia Ss1 dur
ing the previous year
The imports of silver we're 3d. 2S6, 552 and
the exports were $50, 451, PCS
The total bounty paid upon the production of
sugar in the United States for the fiscal year
was Sl2,lOO,208.89, being an INCREASE of 81, 725-
O7S OF over the payments made during the pre-
ceding year. The amount of bounty paid
from July !, 1893 to August 28. 1894 |
the time when further payments ceased by OPP
GRAFTON Of law, was 1906 1854. The total ex-
penses incurred in the payment of the bounty
upon sugar during the fiscal year was $780,
14Os5.
1t is estimated that upon the basis of the
present revenue laws the receipts of the gov
eminent during the current fiscal year ending
June 80, 1895, will be S4.4427 748 a. and its ex-
penditures S44I ,427 ,74a a. resulting in deficit
Of S20O00,O00.
The first day Of November, 1894 the total
stock of money of all kinds in the country was
= ,24O, 1883, as against 22O4,65l 900 on
The first day of November, 1893,
and the money of all kinds in
,irpu1atipn IL
holdings, was 81, 672 o9S, AZ or s94a7 per capita
upon an estimated population Of 6S, SS7, 900 At
The same date there was held in the treasury
gold bullion amounting 10 S44615, 17755, and sill
yer bullion which was purchased at a cost of
sl27,T 799SS The purchase of silver bullion UNI
Ter the act OF July IA 1890, ceased on the first
lay OF November, 1893, and up to that time
here had been purchased during the fiscal
year ll,9l165SS hne ounces at cost
IL w. Ho,52lH an average cost of so. 1918 {
per fine ounce. The total amount of {
silver purchased from the time that
aw took effect until the repeal OF its
purchasing clause, on the last date mentioned
vas 1853 674.6S!.63 fine ounces which cost sl55- l
BLOOD the average price per fine ounce be- I
ng $O.92H s. I
The total amount OF standard silver dollars !
'oined at the mints OF the United States since I
he passage Of the act OF February % 1873 is '
42l .7I6,4oS Of which 1913 1878 were coined (
indeT the provisions OF that act. s3s 53I I43 un-
Ter the provisions Of the act OF July H. 1850. c
ma so,G7s.4T2 under the act providing for the 8
coinage Of trade-dollar bullion.
The total coinage Of all metals at our mints
Turing the last fiscal year consisted Of 50 585 20
'ieces, valued at sIO62I6.730O6. OF which I
here were SS9f74.ol2bO in gold coined
100 In standard silver dollars: sG.0!4flO3O Jim )
silver coin and s7I6elg.26 In minor I
oin.
During the calendar year 1907 the production 1
" precious metals In the United States was I
estimated at l.75SS2 fine ounces OF gold. OF the I
commercial and coinage value Of i55. S55 900 and {
OOOoOoO fine ounces Of silver Of the bullion or I
market value Of i4s,s0OOoO and Of the coinage !
'alue Of s77.57e1no II IL estimated that on the !
irst day Of July. lsaf, the stock Of metallic 7
money In the United States, consisting Of co n d
md bullion amounted % o. 81 gtO 49, Of which .
6s' JSsd.20i was gold and s12s 2s7757 was silver
Fifty national banks were organized during
he year ending October ~, 1884, with capital
II t5.2s5.OO and ssysbty-blns. with capital
u slO.SbOO went into voluntary liquidation | .
rwenty-one banks, with capital Of sg.770OOO .
we're placed In the hands N receivers. The To- 4
al number Of national banks IN existence on {
he Slst day OF October last WAS 375s being Z
orty less than on the zist day Of October. 1883 2
The capital stock paid IN MAS f57g,S7I sg5 being
S67s,49l less than ~ tue same time IN tho I
'reyious year ana the surplus fund and