Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1894-12-03
THE MESSAGE.


Turing the present fiscal year, ending
June 80, 1896, will be $424,927, 74s.44, and
It's expenditures $444,427,74S.60, result
ing in deficit of $2O,O00,000. On No
vember l, 1894, the total stock Of money
Of all kinds in the country was $2,240,-
773,8ss as against $2,2O4, 65l 900, on No
vember l, 1898; and the money of all
kinds in circulation or not included in
the treasury holdings was Sl,672,093, APP,
or S427 per capita upon an estimated
of 68,337 900. At the same
date there WAS held in the treasury gold
bullion amounting to $4i,6l5, l07.55, and
silver bullion which was purchased at a
cost of $127,7799Ss. The purchase of
silver bullion under the act of July H.,
1890, ceased on the last day of November,
1898, ane up to that time there had been
purchased during the fiscal year 1917
659.78 fine ounces at cost of $3.7l5,52l.-
80, an average cost of $0.73l3 per fine
ounce. The total amount of silver pur-
chased from the time that law took effect
until the repeal of its purchasing clause
on the date last mentioned, was l65.674,-
6S2.53 fine ounces which cost $15593l,-
oo2.25, tho average price per fine ounce
being $0.9244. The total amount OF
standard silver dollars coined at the
mints of ths United States since the pas
sage of the act of February 2S, 1887, is
1,776,408, of which $37S,166,793 we're
coined under provisions of that act, $685.
531, 143 under the provisions of the act
of July ID, 1890, and $5,07s,47S under the
act providing for the coinage of trade
dollar bullion. TIE total coinage of all
metals at our mints during the last fiscal
year consisted of $63,4S5,220 pieces, val
ued at $l06,216, 730.06 of which there was
&99,474,9l2.50 in gold coined, S75S in
standard silver dollars, S6,024, 1000 in
subsidiary silver coin and $7l6,919.27 in
minor coin. During the calendar year of
1898, the production of precious metals
in the United States WIS estimated at
1,739,323 fine ounces of gold of the COM
meroial and coinage value of $55, 1855, 900;
and 6O,OOO,0OO fine ounces of silver. of
the bullion or market value of $45,SO0,-
600, and of the coinage value of $77,576,
600. Ii is estimated that ON July l, 1894,
the stock of metallic money in the United
States, consisting of coin aud bullion,
am counted to $l,251 ,64O,953, of which 1921
923.2Ol was gold, and 1924, 347, 75o was sill.
yer.
Fifty national banks we're organized
during the year ending October 81, 1894,
with capital of $5,2s5,OOO; and seventy
nine with capital of $l0,475,000 went
into voluntary liquidation. Twenty-one
banks with a capital of $2,770.000 were
placed in the hands of receivers. The
total number of national banks in exist
ence on October 81, 1894, was 1856, be-
ing forty less than on October 81, 1898
The capital stock paid in was $672,67l,'
365, being $9.67S,491 less than at the
same time in the previous year, and the
surplus and undivided profits, less ex
penses and taxes paid, amounted tc
S344, 12l ,082, which was $l6,089,78(
les than ON Ootober 81, 1893. The Cir
culation decreased $1,741,563. The OBJ
legations of the banks to each other were
increased $ll7,269, 1884, and the individual
deposits we're SPIT 1894, 489 less than a.
that corresponding date in the previous
year. Loans and discounts were $l6l,
2O5,923 more than at the same time TIT
previous year and oheoks and other casl
items were $50, 349,963 more. The tota
resources of the banks at the rate men
toned amounted to $3473,922,O55 a
against 50, l09, 563, 2S4S6 in 1898.
THE INDIAN SITUATION.
The year has been free from disturb
ances by Indians and the chances of fur
Their depredntions on their part are con
stantly growing more remotely improb
able.
The condition of the Apache Indians
held as prisoners by the government TO
eight years at cost of half mllio
dollars, has been changed during tn
year from captivity to one which give
them an opportunity to demonstrate thei
capacity for self support and at | az
partial civilization. Legislation enacte,
at the late session of congress gave thu
war department. authority to transfer tn
survivors, numbering SAG from Noun
Vernon barracks, iii Alabama, to any suit
able reservation. The department Sc
leoted for their future home, the militar
lands near Fort Sill, Indian Territory
where under military surveillance tn
former prisoners have been establlshe,
in agriculture, under conditions favor
nble to their advancement. In reoogni
ton of the long and distinguished mill
tary service and faithful discharge o
delicate and responsible OWL duties b.
Major General John M. Schofeld, nov
the general commanding the army, it j
suggested to congress that the Temporal
revival of tho grade of lieutenant. gen
eral, IN his behalf, would be just an
gracious act, and would permit his re
tirement now near at hand with ram
BETTING his merits.
A topic dealt with by the attorney gen
eral of much Importance is the condition
of the administration of justice in tn
Indian Territory. The permanent solu
tion of what is called
THE INDIAN pRoBLrM
is probably not expected at once, blu
meanwhile such ameliorutions of presen
conditions as the existing system vii
admit ought not to be neglected. an
satisfied that there should be a fedora
court established for the territory wit
sufficient Judges aud that this ceur
should Sit within the territory and hRv
tho sume jurisdiction as to territorial
affairs as is now invested in fedora
courts sitting IN Arkansas and Texas.
Another subject of pressing momen
referred to by the attorney general is tn
reorganization of the Union Pacific Rail
road com pany on basis equitable as re
CARDS all private interests and as favor
able to the government as existing con
ditions will permit. The operation of
railroad by a court through receiver i
an anomalous state of things whicI
should be terminated ON all grounds, pub
lie and private, at the earliest possibl
Hement. The
REPORT OF THE PnsTNAsrEB aENRBAL
presents comprehensive statement o
the operations of the postUffice depart
ment for the last fiscal year. The re
ceipts Of the departments during the yea
amounted to $75,O80,479.04 and the ex
nc a Az n rau IN &QA QoA AJAX