Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1898-12-16

Government With an earnest Invitation to be
eontempis,ed i to .I assemble sSabsseS with " a view to
discussing the means Of accomplishing so
desirable a result, His Majesty was ut once
Informed OF the cordial sympathy Of this
Government with, the principle involved In
his exalted proposal and Of the readiness Of
the United States to take part inrthe confer
ence.
The claims Of owners OF American sealing
vessels for seizure by Russian cruisers In
8ehrlng Sea are being pressed to a settle
ment.
The accommodation made In my special
Message of April 81 last Is renewed, that ap-
proprlatlon be made to reimburse the master
and owners Of the Russian bark Hans for
wrongful arrest Of the master and detention
q the vessel In February, 1900; by officers Of
Southern District Of Mississippi.
Immediately upon the outbreak Of the
var with Spain the Swiss Government, full
0lllng the high mission 1t has deservedly as
RED Cross, proposed to the United States
and Spain that they should scverally recog-
e!se and carry: into execution, as q modus
yivendi. during the continuation Of hostili-
aes the additional articles proposed by the
International conference Of Geneva, Oct. 20.
!o68, extending the effects of the existing
Geo Cross convention Of 1852 to the conduct
promptly and cordially accepted by US and
simultaneously by Spain.
" newly accredited envoy Of tho United
States to the Ottoman Porto carries instruc-
lions looking to the disposal of matters In
controversy with Turkey for n number Of
years. He IL especially charged to press for
2 Just settlement Of our claims for indemnity
Of American missionaries resident in that
country during the Armenian troubles of
1885. as we'll as for the recognition Of older
claims Of equal business.
treaty. sSs ao Of ! FeS .raDanai 1872 sRp0' 5ss%e snde ar sss
Britain and Venezuela to determine the
boundary line between the latter and the
colony Of British Guiana, Is to convene at
source of much qualification to this Govern
ment to see the friendly resort to arbitra-
tlon applied to the settlement Of this con-
troversy.
Bureau OF American Republics.
have the sstI.factioa Of being able to
lies, created In 1890 a. the organ for pro-
noting commercial intercourse and fraternal
se!atlons among the countries of the West
Instrument Of the wise purposes Of its
founders. and 10 receiving the cordial sup
port Of the contributing members of the
International union which are actually rep
resented In Its board OF management.
During the last year the important work
Of collecting Information Of practical bcne-
At to American industries and trade through
oficers has been steadily advanced. and in
order to lay such data before the public
with the least delay the practice was begun
Ia January, 1898. Of issuing the commercial
eelved BY tho Department Of State.
We desire, In common with most civilized
nations. to reduce to the lowest possible
point the damage sustained in time of war
purpose can probably be best accomplished
BY an international agreement to regard all
private property at sea as exempt from cap
ture or destruction by the forces of bellig-
srent powers.
Condition Of the Treasury.
,s 1ae .b Secretary rccH'ry. Of 3, the the a Trsasury rep2o ports
81 sources during the fiscal year ended June
%. 1895. including $s4, 751 ,223 received from
sale Of Pacific railroads. amounted to 500
There was collected from customs sl40,575,oo9
ana from internal revenue S11O, 9OO,641. Ou.
dutiable imports amounted to S324, 735. AID,
. decrease Of SIS. 1855. 800 over the preceding
= ceding year Of 500, b24,O8s. Internal revenue
receipts exceeded those of the preceding
rear By s2d,gi2.oes. The , total ,no collected on
featured tobacco $8e,2Bo, 62a ana on fer.
nented liquors 500. t16.421. We exported
ne gsi 9 and sso during the year amosnsing to
ever the preceding year.
On the LIST Of December, 1893, the amount
81 money Of all kinds in circulation or not
Included in treasury holdings. was s1.ss6,-
S7o.6o an increase for the year OF $1G5.-
194,9c0. Estimating our population at i5.-
$4,000 at the time mentioned the per capita
SPECULATION vas $500.
The provisions made for strengthening the
fesources Of the treasury in connection with
the war haze given Increased confidence In
the purpose and power Of the Government to
maintain the present standard, and has ca
eablished more firmly than ever the national
credit at home and abroad. A marked evil
1encs Of this 10 found in the inflow OF gold
60 the treasury.
renew 30 much Of my Recommendation
81 December, 1897, as follows:
THAT when any Of the United States
aotes are presented for redemption in gold
and are redeemed in gold. such notes shall
be kept and set apart and only paid ont in
Il the holder Of the United States note pre-.
eefs the gold and gets 1t from the Govern
nent. be should not receive back from the
Government a United States note without
paying gold in exchange for 1t. The reason
tor this 10 made all the more apparent when
the Government issues an Understanding
debt to provide gold for the redemption OF
Xnsted sta ,t;ss e ~,
again except on demand and for gold. II
they are put out In any other way they may
return again, to be followed by another bond
issue to redeem ~them-another ntercst-bcar-
ssbt. debt to redeem a NOTWITHSTANDING
In my Judgment the present condition of
the treasury amply j%ustilss the immediate
enactment OF the legislation recommended
one year ago. under which a portion of the
fund from which greenbacks should be rc-
deemed upon presentation, but when once
redeemed should not thereafter be paid out
except for gold.
It is not to be Inferred that other leglsla-
don relating to our currency is not required:
On the contrary. there Is an obvious demand
DOR 1t. The Importance Of adequate provis-
Ion which will Insure to our future n money
standard related as our money standard now
and to that Of our commercial rivals is gen.
orally recognized. The companion PROPOSE.
ton that our domestic piper currency shall
e sept safe and ret be SO related to the
Aercs as to be adequate and responsive TO
such needs 10 q proposition scarcely less Inn
oertant.
>ero4pt Adoption Of Maritime Policy.
1Ae annexation Of Hawaii n the
$1,000 relations Of the United states to
Glting from the war. compel the prompt
ctatss There should be established reeu-
Ae and frequent steamship communication.
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