People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1896-12-10


ton either through a careless disregard OF
present duty or evena undue stimulation
and ill-timed expression of feeling But |
have deemed il not amiss to remind the
congress that time may arrive when a
correct policy and care for our interests as
well as a regard for the interests Of other
nations and their citizens joined by con
siderations Of humanity and desire 10 see
a rich and fertile country, intimately re-
lated to us, saved from complete devasta-
ton will cOnstrain our government 10
such action as will subserve the interests
thus involved and at the same time prom
ise TO Cuba and its inhabitants an Oppor-
tunity to enjoy the blessings Of peace
Venezuela Boundary Question.
The Venezuela boundary question has
ceased to be matter Of difference between
Great Britain and the United States, their
respective governments having agreed
upon the substantial provisions Of a treaty
between Great Britain and Venezuela,
submitting the whole controversy TO arbi-
tration. The provisions Of the treaty are
50 eminently just and fair, that the assent
Of Venezuela thereto may confidently be
anticipated.
Negotiations for treaty Of general ar
btratiOn for all differences between Great
Britain and the United States are far adj
vanced, and promise to reach successful
c0nsummatiOn at an early date.
The scheme Of examining applicants for
certain consular positions, TO test their
competency and fitness, adopted under an
avaautixln ovJar ics,,o1 ~, tho DOtb of Cor.
TENDER, 1895, has fully demonstrated the
usefulness Of this innovation. In cOnnec-
ton with this plan of examination, pro
motion and transfers Of deserving incum-
bents have been quite extensively made
with excellent results.
Treasury Department.
The secretary of the treasury reports
that during the fiscal year ended June 30,
1896, the receipts of the government from
all sources amounted TO S409, 475, 40S.7S.
During the same period its expenditures
were 1884 ,67S, 65f4S, the excess of ex-
penditures over receipts thus amounting
to &5,203,24570. The ordinary expendi-
lures during the year were S40l5,S522l
less than during the preceding fiscal year.
Of the receipts mentioned, there was de-
rived from customs the sum Of slS0,02l,-
75l67, and from internal revenue sl46, $780,
6l566. The receipts from customs show
an increase of s., 1868, 1912 over those from
the same source for the fiscal year ending
June 30, 1895, and the receipts from in
ternal revenue an increase of 1854, 537 81.
The value Of our imported dutiable mer-
chandise during the last fiscal year was
1860, 157 40, and the value of free goods
imported, s4O9, 967 40, being an increase Of
1923, $50 in the value of dutiable goods
and 81 ,23l ,034 in the value of free goods
over the preceding year. Our exports of
merchandise, foreign and domestic,
amounted in valne to $3.50 ,606, 1888, being
an increase over the preceding year of 49,
O6S,773. The average advalOrem duty paid
on dutiable goods imported during the
year was 1894 per cent, and on free and
dutiable goods taken together, 2055 per
cent.
The cost of collecting our internal re-
venue was 2.7S per cent, as against Psi per
cent Cor the fiscal year ending June 30
1895.
The total amount of gold exported dur
ing the last fiscal year was SIP, ,9H and
of silver S60,5l go, being an increase of
SI5,9 ,466 of gold and Sl3,2463S4 Of silver
over the expectations of the preceding
fiscal year. The imports Of gold were S33,-
52j, 0d5 and Of silver S2S,777. 1876. being 81
S59,695 less Of gold and SS,5G60O7 more Of
silver than during the precedingyear. The
total stock Of metallic money in the United
States at the close of the last fiscal year
ended on the Both day of June, 1895. was
81 ,22S, 326, OBS, of which $685., 5g7 1864 was in
gold and Sj2S, 72S07l in silver.
On the lst day of November, 1896, the
total stock of money of all kinds in the
country was s. 2S5, 4l0590. and the amount
in circulation, not including that in the
treasury holdings, was 81, 62G O55,641, being
81 .63 per capita upon an estimated popu-
luton of 7l,9O2,O0O. The production Of the
precious metals in the United States dur
ing the calendar year 1893 is estimated to
have been 2,25l,760 fine ounces of gold of
the value of S46,6l0,0O0, and %. 900 fine
ounces of silver of the commercial value
of $50, $4,000 and the coinage value Of So
051, eco
The estimated production of these
metals throughout the world during the
same period was 9,6SS,S2l fine ounces Of
gold amounting to 800, 2S5,700 in value,
and l69, lS9, 249 fine ounces Of silver, of the
commercial value of sl10,654OOO, and of
the coinage value Of S2lS, 73S, 100 according
to our ratio.
The coinage of these metals in the vari
Gus countries of the world during the same
calendar year amounted TO S232, 701 ,43S in
gold and Sl2l 1885, l9 in silver.
The total coinage at the minis of the
United States minis during the fiscal year
endedJune 80, 1S96,amounted TO 81 1883. 49,
%, Ofwhich SOS, S7S, 400 was in gold coin and
Sl2, 3O9,y7S2 in standard silver dollars.
subsidiary coins, ami minor coins. The
number of national banks organized from
the time the law authorizing their creation
was passed, up to October 81. 1896. was
5,051, and of this number 3.679 were at the
date last mentioned in active operation,
having authorized capital stock Of $3.50
Ol4,S95 held by 2SS902 shareholders, and
notes amounting to s2l. Alp $50.
The total outstanding circulating notes of
all national banks on the 3lst day Of Octo-
Der, 1896, amounted to S234, 553, S07, includ-
ing unredeemed, but fully secured notes Of
banks insolvent and in process of liquida-
ton. The increase in national bank cir
culation during the year ending on that
day was S2l,O99, 429 On October 6. 1895.
when the condition of national banks was
last reported. the total resources Of the
1863 active institutions was S3.263. 6S5, 3d.
50, which included 81 ,S93, PCS, S39. 81 in loans
and discounts and $362, 165, 733. 50 in money
of all kinds on hand. OF their liabilities
81 $50, S9l ,05S.03 was due to individual de-
positors and 500, Ol9 consisted of out
standing circulating notes.
There were organized during the year
preceding the date last mentioned IS ma
tional banks, located in Is states, of which
IL were organized in the eastern states.
with capital Of 81 10000; six in the west
ern states, with capital of $4,000, and
10 in the southern states, with a capital of
s., 10000. During the year, however, 80
banks voluntarily abandoned their fran
chises under the national law, and in the
case Of q Others it was found necessary TO
appoint receivers. Therefore, as compared
with the year preceding, there was a de-
crease Of 80 in the number Of active banks.
The number Of existing banks organized
under state laws is 3. 7OS