The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1894-12-07

/ T-7TIT-
The year. Much tubercuiln and maIiein haze
\ been furnished 70 state authorities fof use ID
| the agricultural colleges and expcr nent sta
| tons for the treatment Of tuberculosis and
| glaudeFS
Owing 20 the peculiar fcalty o. the stati-
| clans work. and the natural and acquired 1T
| ness necessary 70 is successful prosecution,
the secretary Of agriculture expresses the
| opinion that every person employed Ia gather.
| ing statistics under the chief Of that dlvislou
| should be admitted 70 that service only after q
thorough. exhaustive, and successful exami-
| nation at the hands Of the United States civil
| service commission This has led him 70 cal!
| for such examination Of candidates for ths
position Of assistant statlsclans and also OF
candidates for chiefs Of sections III that ID.
vision.
The advantages 20 the pubic service 81 an
adherence 20 the principles Of civil service re.
form are constantly moro apparent and moth.
ing Is so encouraging 70 those 10 ofieial life
who honestly desire good goyeFnmentas the
increasing appreciation BY our people % these
advantages. vast majority Of the voters OF
the land are ready 70 insist that the time and
attention OF those they select 70 perform fol
these important public duties, should not be
distracted by doing out minor otiiees, ana they
are growing 70 be unanimous in regarding
party organization us something that should
be used in establishing party principles instead
as rewards OF partisan activity.
The president Is convinced that we ought
not 70 be longer without national board OF
health the national health ofioer charged
with no other duties than such as pertain to
the protection oil our country from the invasion
OF pestilcnce and disease. and earnestly recon-
mends Legislation to that end.
BY virtue of a statute OF the United States,
passed in 1888, appointed In July last Hon.
John d, Herman. Of the state OF New York.
and Hon. Nicholas Z. Worthington. OF
the state OF Illinois, to form with Hon.
Carroll d. Wright, commissioner OF labor, who
was designated by said statute commission
for the purpose of making careful INQUIRY Into
the causes Of the controversies between cer-
tain railroads and their employees which had
resulted in an extensive and destructive strike
accompanied by much violence and dangerous
disturbance with considerable loss OF life and
great destruction OF property.
The report of the commissioners has been
submitted TO me and will be transmitted TO the
congress with the evidence taken upon their
investigation.
The tarin net passed at the last session Of
the congress needs important amendments II
1t is 10 be executed effectively and with cer-
tainty. In addition 10 such necessary amend.
meuts us will not change rates Of duty. am
still very decidedly in favor OF putting coal and
Iron upon the free list
So far as the sugar schedule Is concerned, /
would be glad, under existing aggrayations 70
see every particle Of dIfierential duty IL. favor
OF refined sugar stricken out Of our tariff law
II with all the favor so accorded the sugar re-
lining interest in our tariff laws'iti still Ian.
guishes to the extent Of closed refneries and
thousands Of discharged worltmen; 1t woule
seem to present hopeless case for reasonable
legislative aid.
Whltever else Is done or omitted, earnestly
repeat here the recommendations have made
in another portion Of this communication thut
the additional duty of one-tenth of q cent per
pound, laid upon sugar imported from coun-
tries paying bounty on its export, be abro.
gated.
The president then recounts the necessity Of
Issuing bonds TO replete the gold reserve. and
says; Nothing could be worse or further re-
moved from sensible finance than the relations
existing between the currency the government
has issued the gold held for its redemption,
and the means which must be resorted To
for the purpose Of replenishing such redemp-
tlon fund when impaired. Even II the claims
upon this fund were confined TO the obliga-
lions originally intended, and II the redemp-
ton OF these obligations meant their cancels
latton, the fund would be very small. But
these obligations, when received and redeemed
in gold. are not Cancelled but are re-issued and
may do duty many times by way Of drawing
gold from the treasury. Thus we have an end
the treasury's gold and never near d Anal rest
AS II this was not bad enough. We
have BY O statutory deiclariAtl1r t.rk
1t Is = the policy on -fnG--id
70 maintain the parity between gold an 81 liver
aided the force and momentum Of this exhaust.
ing process md added largely TO the currency
obligations claiming this peculiarEo redemp-
ton. Our small Sc ID reserve Is thus subject Il
drain from every side The demands that In.
crease our danger also increase the necessity Of
protecting this reserve against depletion nnt
1t Is most unsatisfactory TO know that the pro.
lection afforded is only temporary palliation
1t is perfectly and plpably plain that the only
way under present conditions by which
this reserve when dangerously depleted
can be replenlshed Is through the
issue and sale OF the bonds Of the gov,
eminent for gold and vet congress has moi
only thus far declined to authorize the issue o.
bonds best suited to such u purpose but there
seems disposition In some quarters 70 deny
both the necessity and power for the issue Of
bonds at ALL
can not for moment believe that any Of
our citizens are deliberately willing that their
government should default in It's pecuniary
obligations or that its financial operations
should be reduced TO d silver basis. At any
rate should not feet tii:t my duty was done
II l omitted any effort 1 could make
to avert such calamity. AS long. there
fore, rs no provision is made for the
final redemption or the putting aside of the
currency obligation now used to repeatedly
and constantly draw from the government It.
gold and as long as no better authority fol
bond issues is allowed than at present exists
such authority will be utilized whenever anC
US often as 1t becomes necessary to maintain
sufficient gold reserve and In abundant tim,
to save the credit OF our country and max,
good the financial declarations OF our govern
ment.
Questions relating To our banks and currency
are closely connected with the subject
| Just referred to and they also pre-
sent some unsatisfactory features
| Prominent among them are the lack OF elias.
ITCHY in our currency circulation and It's FIRE
| quent concentration in financial centers wheI
Il "a most needed in other parts Of the country
| The absolute Enforcement OF the government
| from the bus ness Of banking Is the ideal rela
| tionship of the government to the circulation
| OF the currency OF the country. This condition
| can not be Immediately reached: but as n stel
| IN that direction and as means OF securing
l more elastic currency and ObViatlng other OBJ
/ jections TO the present ARRANGEMENT OF banl
circulation. the secretary Of the treasury pre-
sents in his report scheme modIfy ing prcsen
banking laws and providing for the issue o
circulating notes by state banks free from tax.
alton under certain limitations.
| II Is proposed to repeal NIL laws providing 10
- w P,ts " St'1'Su s7tf.tes uoHuS as security
for circulation; to permit national banks tC
issue circulating notes not exceeding ii
amounnt seventy-tve per cent Of their paid
up and unimpatred capital provided the,
deposit with the government, as guarantee
fund, IN United tates legal tender notes, in,
GLIDING treasury notes OF 1890, u sum equal Ii
amount TO thirty per cent of the notes the,
desire TO issue, this deposit to he maintaine,
ut all times. but when ever any hank re,irei
any part OF its circulation Ii proportiona
part OF its guarantee fund shall be returned