The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1894-12-06
President Cleveland Pre-
Sents His Suggestions
to Congress.
Plan for the Change Of State Bank
Issues Recommended.
An Endorsement OF the Strike Commission
ers' Report-The Revival of the Grade
of Lieutenant-General is Recon-
mended-Civil Service Extension
The Sugar Schedule.
wAsH1ScroN, Dec. 8.

The Sugar Schedule.
WASHINGTON, Dec. 8.
10 the Congress of the United States:
The assemblage within the nations legisla-
tive halls Of those charged with the duty. Of
making laws for the benefit Of generous and
free people impressively suggests the exact
ing obligation and inexorable 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 enjoined by the constitution
submit this communication, containing
brief statement Of the condition OF our
uonal affairs, and recommending such legisla-
tion as seems to me necessary and expedient.
The history Of our recent dealings with other
nations and our peaceful relations with them
at this time. additionally demonstrate the ad
vantage Of consistently adhering to firm but
Just foreign policy, free from envious or am
bilious national schemes and characterized by
entire honesty and sincerity.
The recent death Of the czar of Russia called
forth appropriate expressions OF sorrow and
sympathy on the part Of our government with
his bereaved family and the Russian people.
AS further demonstration of respect and
friendship our minister at st. Petersburg was
directed to represent our government at the
funeral ceremonies,
The rules for the prevention of collisions ut
sea which were framed by the Maritime con-
terence uelu IN tnlS CITY IN 1851 having Deen
concurrently incorporated in the statutes Of
the United States and Great Britain, have
been announced to take effect March I, 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 oil sources
of revenue during the fiscal year ending June
80, 1894 amounted to S372, so, ,49S %, and it's
penditures to s442 COS, 1887, leaving deficit Of
$50, ,e03, eco. SO.
There was q decrease OF $l3,9o2 674. SO in the
ordinary expenses Of the govercment, as COM
pared with the fiscal year 1897,
There was collected from customs &i3l 8i8,-
$50. 62, and from internal revenue $l4716s, 40
The balance of the income for the year,amount-
ing to S93, 1885, 97, was derived from the sales
Of lands and other sources.
The value of our total dutiable imports
amounted to 1870 100 0s6 being s146 657, ,6:5 less
than during the preceding year, and the i'm
portations free OF duty amounted to 1873 1885,
b36, being ,675 less than during the pre-
ceding year The receipts from customs were
s73536 48611 less, and from internal revenue
si9 $50, ,539.G 81 less than in 1893
The total tax collected from distilled spirits
was e85, ,o59, ,250. 25; on manufactured tobacco
$28 6l7, S62 and on fermented liquors S3l ,414
788Oi
Our exports OF merchandise. domestic and
foreign, amounted during the year to $780,, ,140-
672, being an increase over the preceding year
OF ~, ,3TH
The total amount Of gold exported during the
fiscal year was E6,e98 061 against &l08 COS 444
during the fiscal year 1888 The amount i'm
ported was s72, ,449 l9 as against s2l dur
ing the previous year.
The imports of silver were s13, os6, ,552, and
the exports were 350451 PES.
The total bounty paid upon the production OF
sugar in the United States for the fiscal year
was s12,100, ,20S.8 49, being INCREASE of sa.7!5-
07S 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 op-
Grafton of law was 5000, 1854. The total ex-
penses incurred in the payment of the bounty
| upon sugar during the fiscal year was $780,
140s5.
| 1t is estimated that upon the basis of the
present revenue laws the receipts of the gov
| ernment during the current fiscal year ending
June 30, 1895, will be s4c4 7ls4i. and it's ex-
| penditures s444,417.74S ~. resulting in deficit
| OF s.0O00,00)
Tho first day of November, 1891, the total
| stock of money OF all kinds In the county was
t....40.'73S8s, as against 2.s04 ,65l.00o or
| the first day of November, 1893
| and the money Of all kinds In
| circulation or not included in the treasury
holdings was o., ,672 093, ,4s2 or ss427 per capita
| upon an estimated population of 68, ,887, 900 AT
gold bullion amounting to ~ 6l5, Tbs and sill
| yer bullion which was purchased at cost oi
el27,779,98a The purchase Of silver bullion un-
der the act of July IA. 1890 ceased on the firsl
| day OF November, 1888, and up TO that time
| there had been purchased during the flsca
| year ll,91 o58.7S fine ounces at cost
| of $87 ,53l32, IN average cost of %. S3i;
| per fine ounce The total amount o
silver purchased from the time that
| law took effect until the repeal OF its
f6A 1oc dof
was l6s67i.es?53 fine ounces, which cost el55,-
| 93l ,00ao5 the average price per fine ounce be-
ing s0.924i.
| During the calendar year 1893 the production
| of precious metals In the United States was
estimated at 323 fine ocnces Of gold, of the
commercial and coinage value Of s35, ,955 coo ant
60,000 900 fine ounces Of silver of the bullion Of
/ market value Of si6800,000 and of the coinage
value of ~ 576,000. 1t is estimated that on the
first day of July, 1894, the stock of metallic
money in the United States, consisting of coil
and bullion amounted to 81 ,25l eiO,95s, of which
s6s7 as3c c0 was gold and 1924 ,3i7757 was silver.
| Fifty national banks were organized during
the year ending October 81 1894, with a capita
| of s5.aS50)0. and seventy-nine, with capital
| of $i0,415,00J went into voluntary liquidation
| Twenty-one banks, with a capital OF S.,770 00(
| were placed in the hands OF receivers. The to-
| tai number of national banks in existence or
the 3lst day OF October last, was 1856, beine
forty less than on the 3lst day of October, 1893
Cdpitdi StOck pdlu III NdS Tot -,oSl oUO, Oelit
| &9.67849l less than at the same time In the
previous year, and the surplus fund ant
undivided profits, less expenses and taxes
| paid, amounted to $S34,l2l o.. 10, which was
| $l6O60.78o less than on October 81, 1893
/ The circulation was decreased &4,7il.56s The
obligations Of the banks to each other were
increased 1884, and the individual de-
posits were &277,2 ,489 less than an at the cor
responding date In the previous years Loans
and discounts were el6i ,sOo92s more than at
the same time the previous year, and check.
and other cash items were 500 $40 ,963 more
/ The total resources of the banks at the date
mentioned amounted to O., ,47S 922 ,5S5 as agains
s3, ,l09, ,b6S, ,2S4 80 in 1893
From the report OF the secretary OF war Il
appears that the strength Of the arm,
on September 50. 1904, was 2,lS5 Of
fcers and 25,765 enlisted men. Al
though this is apparently very slight de-
crease compared with the previous year, tn,
actual effective force has been increased TO thu
equivalent Of nearly two regiments through
the reorganization OF the system Of recruiting
and the consequent release to regimental drt,
Of the large force Of men hitherto serving q