The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1897-06-07
COSTA RICA'S BOOM.
MESSAGE OF THE PRESIDENT GIVES
EVIDENCE OF GREAT THRIFT.

reference Made to the Greater Republic
OF Central America-Happy Conclusion
of the boundary Line Controversy with
Colombia-AnE Era of General Prosperity.
The recent message Of the president
of the republic Of Costa RIGA to the ma
tional congress of that country speaks
OF the announcements which have
characterized the year and says the
largely satisfactory solution arrived at
in questions engaging the governments
attention has contributed to an extraor.
binary and unforeseen extent, SO as to
distinguish as prosperous year in their
history the fiscal period just ended
The message speaks of the establish
ment of the Greater Republic Of Central
America, composed Of the states of Sal
vador, Honduras and Nicaragua, and
says it constitutes an act of sufficient sig
nificance in the political march of Cen
trail America The union is regarded by
the president as guarantee of peace to
Central America. Costa RIGA has not
yet joined the compact, the government
regarding it unnecessary for the pres
ent, at least, for reasons which are set
forth.
Reference is made to the Central
American exposition, promoted by Qua
temala, to which Costa Rica has con-
tributed. Costa RIGA has also received
the idea proposed by Guatemala to or
ganize in that republic judicial con-
gress to engage in the study of the va
ried legislation of the sister republics
in order to obtain, as far as possible,
uniformity in their respective codes, the
adoption Of single monetary system
and a system Of weights and measures,
and of law for public instruction.
The hope is expressed for a satisfac-
tory solution to both Nicaragua and
Costa RIGA of the boundary line differ
ences between the two countries. A
Joint commission is about to make sur
vey and is to have the assistance OF
Civil Engineer e. p. Alexander OF
South Carolina, who was appointed by
President Cleveland at the request Of
/ the governments interested. He will act
as an arbitrator on disputed points.
The president felicitously refers t.
the negotiation of the arbitration treaty
with Colombia for the settlement of thu
boundary line question with that coun
try. This treaty has been ratified by
the congresses of both countries inter
ested, and notifications will soon be ex
changed in Washington by the legation
of both republics. The national econo
my is one of the subjects to which thu
executive power has devoted very spe
cial attention, and after study OF thu
conditions of the country he issued tin
decree reformatory of the monetary sys
tenn, adopting in practice the gold stand
ard, which is now the money of Cost
RIGA.
The message also states that bank
ing law will soon be promulgate
which, consulting the public interests
will endeavor to overcome the objec
tions attributed to plurality of issues
The arrangement for the settlement
of the foreign debt having been effected
the government has on deposit fund
sufficient to meet, when due, the inter
est on the first coupon.
The state of the public finances is sat
isfactory to the extent of the govern
ment's abilities, it is said, without es
tablishing new imposts or resorting
the public credit, and figures are give
showing that there was an aggregat
amount of S1,270,000 approximate
subject to the order of the treasury O
March 81 last.
The president recommends tn
, amendment of the tariff laws and {
the procedure under the fiscal law rela
ing to the crime of smuggling and say
the attention of the government has bee
directed to the construction of the Pacif
railroad, which will soon complete til
interoceanic all rail route across Cost
Rica.