The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1898-12-09
ion as Will benefit both in the highest de-
THE CzAR's PEACE PROPOSAL


greec."
THE CARS PEACE PROPOSAL.
Referring to the proposal of the czar of
Russia for general reduction of the
great military Establishments, the presi-
dent says: His majesty was at once in
formed of the cordial sympathy involved
in his exalted proposal, and of the readi-
ness OF the United States to take part in
the conference"
The president says that the newly-ac-
credited envoy Of the United States to
looking to the disposal of matters in con-
troversy with Turkey for a number of
gears.
FINANCIAL AFFAIRS:
Abiding to the financial affairs of the
country, the president says in part: THE
secretary of the treasury reports that the
receipts of the government from all
sources during the fiscal year ended June
sale of Pacific railroads, amounted to
$405, 81 ,3S5, and it's expenditures to $443,-
lit is estimated upon the basis of pres
ent revenue laws that the receipts of the
government for the year ending June 30,
1899, will be $571,S74,645 and its .expendi-
lures SSS9.S14. .647 resulting in d deficiency
of $4,000, 600
''tn my Judgment, the present condition
of the treasury amply justifies the in1=
mediate enactment of the legislation rec=
commended one year ago, under which a
portion of the gold holdings should be
placed in trust fund, from which green
backs should be redeemd upon presenta-
ton, but when once redeemed should not
thereafter be paid out except for gold.
1t is not to be inferred that other legis-
lation relating to our currency is not re-
quired; on the contrary, there is an OBJ
V1ous demand for it."
COMMUNICATION WITH ACQUIRED
ISLANDS.
The president says that in view of the
recent acquisition of territory by the
United States, there should be established
regular and frequent steamship commune
cation, under the American flag with the
Eewiy-acquired islands.
THE YELLOW FEVER PROBLEM.
In view, also, of the increased impor-
tance OF the proposed formation of a
commission of sanitary experts to inves-
ugate the yellow fever problem, owing
TO the military occupation of Cuba, the
president recommends that congress pro-
vide for such a commission.
INCREASED REGULAR ARMY.
The recommendation made by the Sec
retarS of war for the increase of the reg
ular military establishment has the presi-
dents unqualified approval. He says that
II is his purpose to muster out the entire
volunteer army as soon as congress shall
provide for the increase of the regular
eSta bliShment He recommends the ereC-
tlon of a building for the department of
Justice, and suggests also the advisability
OF making suitable provision for the su-
prem court.
SECRETARY LONGS RECOMMENDA-
T1ONS APPROVED.
He earnestly approves of the recommen-
dations of Secretary Long as to the in
crease of the navy, and recommends also
that the grades of admiral and vice-ad-
miTal be temporarily revived, to be filled
by officers who have especially distin-
gutShed themselves in the war with
Spain.
The president earnestly urges early leg
islatiOn for the taking of the twelfth
census ana legislation providing for the
education of the 10000 white children in
the Indian territory.