The record-union., 1897-12-08
THE NATIONS
FINANCES.
CONTINUED from First Page.)

HVHtvUIVD
CONTINUED from First Page)
Quately protecting our manufacturing
and agricultural interests"
He recommends the re-enactment OF
the law providing for the licensing OF
CuStom-house brokers.
INTERNAL REVENUE.
A table is given of the receipts from
Internal revenue taxes, showing de-
crease of S211, OBJ from last years fig
ures
SEAL FISHERIES.
Reference to the seal fisheries is con-
fined to statistics and a brief history or
the action taken by the Government in
its efforts to protect the herds.
ALASKAN SALMON FISHERIES.
In regard to the Alaskan salmon fish
cries, the Secretary says the efforts OF
the Government Inspector to enforce
the laws have not been successful, but
me reserves recommendation till inves-
LEGATIONS of the matter he now has
under way are completed.
FOREIGN IMMIGRATION.
The number of immigrants arriving
Is given at 230, ,S32, which is the small
est number since 1879. Of this num-
ber $50 We're refused admission to the
country. The Secretary credits the de-
crease to the restrictive laws.
He says further legislation is needed
regarding the enforcement of the Chi
nese Exclusion Act, but makes no rec
concentrations.
MARINE HOSPITAL SERVICE.
Considerable space is devoted to- the
marine hospital service, which has en-
tered upon its centennial year. Its
work is commended.
REVENUE CUTTER SERVICE.
The revenue cutter service is praised
and the improvements in it's equipment
recommended The report suggests the
condemnation and sale of the follow
ing vessels: Seward, McLane, Colfax,
Boutwell,, Washington, Chandler and
Hamlin, all of them old and worthless
for the purpose.
1t recommends that eight new vessels
be provided for, five for cruising and
three for harbor service OF these ore
should be built expressly for use on
the Columbia River. 1t says that the
McCulloch will sail for San Francisco
ABOUT december 10th.
The Secretary makes a strong plea
for the recognition of the services of
officers and men in the cutter service.
recommending that they be put on
practically the same footing as those
IN the navy.
The appropriation of $4,000 is urged
to provide a vessel for service on the
Yukon River next spring. The Secre-
1ary says it could be built on the Puget
Sound in sections and put together and
equipped at st. Michael
MERCHANT MARINE.
Much space is given to the merchant
marine, which is said to include a
greater documented tonnage than at
any time for the previous twenty-one
years, except in 1893 Against this
showing, however, is put the fact that
our tonnage registered for foreign trade
IS the smallest in half a century. Con-
Sress is asked to consider this with the
suggestion that tonnage taxation be re-
adjusted so as to remedy the matter.
Former recommendations regarding
the laws for steamboat inspection are
renewed.
COAST AND GEODETIC SURVEY.
brief history OF the work of the
Coast and Geodetic Survey Service is
given, and a strong plea is made for
more liberal appropriations for the
maintenance and extension of the light
house establishment.
LIFE SAVING SERVICE.
The record OF the life saving service
is given briefly. showing that in 500
disasters during the year, involving the
lives Of 4,445 persons, only fifty-three
We're lost, and that out of 81 ,329. $40
worth of property involved. 81, ,291, ,175
was saved.
UNION PACIFIC SALE.
The Union Pacific sale is treated with
facts being given.
CURRENCY QUESTION.
The report closes with an exhaustive
review of the currency question, with
recommendations.
After detailing the evils of the pres
ent system, according to his view, the
Secretary offers the following recon-
mendations, of which he says:
The recommendations l make must
be construed as tentative steps in a di-
rection which, if consistently pursued,
viii ultimately lead to conditions the
oretically desira bic rather than as be-
ing in themselves final measures TO
that end. The condition of the treas
ury in its relation to demand obliga-
1ions requires that one of two steps be
taken. The one may be a large rein
forcement Of the permanent gold re-
serve; the other may be by an impor-
tant reduction in the Objectionable form
of liabilities. The latter is, in my
opinion, the more desirable.
'First-I recommend that proper leg
islation be enacted which will estab-
1ish, separate and apart from the ord-
nary operations of the treasury as they
relate to revenue and expenditures,
department to be designated and known
as the issue and redemption division. To
this division the sum of S125, 600 600 in
gold should be set over from the gen
eral fund in the treasury, to be used