The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1898-12-09

inc same purpose Oy accepting the on .foQ CeS-
sion and Incorporating the coded territory into
the union. was adopted by the conxress and
approved July 2. 1888 I thereupon directed
the United States steamer Philadel-
phia to convey Rear Admiral Miller
to Honolulu and entrusted to his
hands this important legislative act to
be delivered to the presidesfdent Of Hawaii
with whom the admiral and the United States
minister were authorized to make appropriate
arrangements for transferring the sovereignty
OF the islands to the United States This was
simply but impressively accomplished on the
18th day of August last. by the delivery OF q
certified copy OF the resolution to President
Dole, who thereupon yielded up to the renre-
sentatives of the government Of the United
States the sovereignty and public property Of
the Hawaiian islands
Pursuant to the terms of the joint resolution
and In exercise of authority thereby conferred
upon men, 1 directed that the civil, judicial
and military powers heretofore exercised by
the officers OF the government Of the republic
OF Hawaii should continue to be exerci Sed by
those officers until congress shall provide
government for the incorporated territory sub
ject to my power to remove such officers and to
fill vacancies
The Cars Disarmament PROPOSAL.
The proposal of the car for a general reduc-
ton of the vast military establishment that
weigh SO heavily upon many peoples in time of
peace, was communicated to this government
the conference which it is contemplated to as
semble with a view to discussing the means of
accomplishing SO desirable a result His maj
eSty was at once informed Of the cordial SYM
pathy OF this government with the principal
involved in his exalted proposal and of the
readiness of the United States to take part in
the conference.
l+ims Against Turkey.
The newly accredited envoy of the United
States to the Ottoman port carries instruc-
lions looking to the disposal Of matters in con-
troversy with Turkey for a number OF years
He is especially charged to press for a just set
Element Of our claims for indemnity by reason
Of the destruction of property OF American
missionaries resident In that country during
the Armenian troubles of 1895 as well as for
the recognition OF older claims of equal just
ness
Information to Benefit Induatrlea.
During the past year the important work of
collecting information of practical benefit to
American industries and trade through the
agency Of the diplomatic and consular officers
has been steadily advanced and in order to lay
such date before the public with the
least delay the practice begun in
January, 1893. of issuing the COM
mercial reports from day to day they are
received by the department Of state. 1t is be-
lieved that for prompttude. as we'll as fullness
of information the service thus supplied to our
merchants and manufacturers will be found to
be q sensible Improvement and to merit the
liberal support Of congress
Matters COncerning tho Treasury.
The secretary Of the treasury reports that
the receipts Of the government from all sources
during the fiscal year ended June 30. 1893. in
GLIDING 81, 75l 223 received from sale of Pacific
railroads, amounted to SAO5 81 335 and its ex-
pendtures to s443. 1868. So There was obtained
from customs s149, 575, 06s and from internal
revenue S1709Oo.e GAL Our dutiable imports
amounted to 1924, 7a5 479. decrease of S58, 1885,,
$50 over the preceding year. and importations
free of duty amounted to s291. 414 IT'S, a de-
crease from the preceding year of 100, 524 068.
Internal revenue receipts exceeded those Of
the preceding year by s24, O68
The total tax collected on distilled spirits was
s92 $4,000, on manufactured tobacco 1856 % } 522.
and on fermented liquors $33. Sis al. We ex-
ported merchandise during the year amount
ing to 81. 231 $780, increase of $3.50, 48S TIA
from the preceding year.
1t is estimated upon the basis OF present
revenue laws that the receipts Of the govern
ment for the year ending June 30. 1899. will be
577. S74, 6O7 and its expenditures $500 854 64.
sulting in q deficiency of $112, GOO. 600
On the 1st Of December, 1898. there was held
in the treasury gold coin amounting to $685.
AL ,547. gold bullion amounting to 13S 502, 545.
silver bullion amounting to e93 359. $50 and
other forms Of money amounting to t45l 1853 9Sl.
On the same date the amount Of money of all
kinds In circulation, or not included in treas
ury holdings. was d, 1886 $40 5U4 an increase for
lation at 75, 104. 900 at the time mentioned, the
per capita circulation was S2a CO. On the same
date there was in the treasury gold bullion
amounting to b133, 502. SIS.
The provisions for strengthening the re-
sources of the treasury in connection with the
war has given increased confidence in the pur-
pose and power Of the government to maintain
the present standard. and has established more
firmly than ever, the national credit at home
and abroad.
Irenew so much OF my recommendation Of
December. 1897, as follows: THAT when any
of the United States notes are presented for
redemption in gold such notes shall be kept
and set apart and only paid out in exchange for
gold. This is an obvious duty II the holder
of the United States note prefers the gold and
gets it from the government, he should not
receive back from the government q United
States note without paying gold in exchange for
it The reason for this Is made all the more
apparent when the government issues an issue
bearing debt to provide gold for the redemp-
ton Of United States notes-a non-interest-
bearing debt Surely it should not pay them
out again except on demand and for gold II
they are put out in any other way they may re-
turn again. to be followed by another bond is
sue to redeem them, another interesting bear
ing debt to redeem a uon-interest bearing debt
This recommendation was made in the belief
that such provisions OF law would insure to q
greater degree tho safety of the present stand
ard and better protect our currency from the
dangers to which 1t Is subjected from a dis,
turbance in the general business conditions Of
the country.
In my judgment the present condition of the
treasury amply justifss the immediate enact
ment OF the legislation recommended one year
ago, under which . portion Of the gold hold
tngS should be placed in q trust fund from
which greenbacks should be redeemed upon
but when once redeemed should
not thereafter be paid out except for gold
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