Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1898-12-09


minister were authorized to make ap-
propriate arrangements for transferring
the sovereignty of the islands to the
United States. This was simply, but
impressiveiy. accomplished on Aug. l2
last, by the delivery of a certified copy
of the resolution TO President Dole, who
thereupon yielded up to the representa-
tive of the government of the United
States the sovereignty and public prop
erty Of the Hawaiian islands.
The claims OF owners of American
sealing vessels 70. seizure1 by Russian
cruisers in Behring sea are being pressed
to a settlement.
The commercial arrangement made
with France on May 2S, 1898, went into
effect on June l following. 1t his relieved
a portion of our export trade from seri-
Gus embarrassment. Further negotia-
tions are now pending with view to the
increase of trade between the two coun-
tries to their mutual advantage. Ne
gotiations with other governments IN
part interrupted by the war with spain:
are in progress undef Doth seClohS ol
the tariff act.
Negotiations to the same end with Ger
many have been set on foot Meanwhile
no effort has been relaxed to convince
the imperial government OF the thor-
oughness of our inspection OF pork prod
ucts for eXDOrta tion and 1t is trusted that
ure by the department of agriculture VIII
be recognized as a guarantee of the
healthfulness of the food staples we send
abroad to countries where their use is
large and necessary.
The provisions made for strengthening
the resources of the treasury in connec-
ton with the war has given increased
confidence in the purpose and power Of
the government to maintain the present
standard and has established more firmly
the national credit at home and abroad.
\ marked evidence of this is found in the
| inflow of gold to the treasury.
| renew so much of my recOmmenda-
ton of December, 1897, as follows: That
when any of the United States notes are
presented for redemption in gold and are
redeemed in gold such notes shall be
kept and set apart and only paid out IN
exchange for gold. This is an obvious
duty. If the holder of the United States
note prefers the gold and gets it from
the government he should not receive
| back from the government United
| states note without paying gold in eX-
| change for it, The reason for this is
made all the more apparent when the
| government issues an interest bearing
debt to provide gold for the redemption
| of United States notes, non-interest
| bearing debt. Surely it should not pay
them out again except on demand and
for gold. If they are put out in any
other way they may return again to be
followed by another bond issue to re-
deem, another interest bearing debt to
redeem a nOn-interest bearing debt.
In my judgment the present condition
of the treasury amply justifies the inn
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 redeemed upon presen-
| t,tt hut bAy, Il ,nl -,
not thereafter be paid out except for
gold. 1t is not to be inferred that other
| legislation relating to our currency is not
| required on the contrary, there is an
obvious demand for it.
The companion proposition that our
| domestic paper currency shall be kept
| safe and yet be so related to the needs
of our industries and internal COM
merce as to be adequate and responsive
| to such needs is a proposition scarcely
| less important. The subjects, in all it's
| parts, is commended to the wise con-
| sideration of the congress.
| The annexation of Hawaii and the
| changed relations of the United States
| to Cuba, Porto Rico and the Philippines
| resulting from the war, compel the
prompt adoption of a maritime policy
| by the United States. There should be
| established regular and frequent steam
ship communication, encouraged by the
| ouiteu states uiIuet IIe AiAetlCdn nag,
! with the newly acquired islands.
nueF me act OF congress approved
April 26, 1898. l directed the increase of
| the regular army to the maximum of
! g., ,000 authorized in said act There are
now in the regular army 1852 officers
r ,t, " t'S tIoll
i ,,,a,,ifnr+ ,,5 ~ li ,.l,,, ~ az ny
~ f ,C,, ,IoL VI
NV, ,nnnoiiSod onnro,-ol y -, IoSs 40 40
no ouestton that ar this time ana nrob-
| ahIv for some time in tha f,,t,,ra 1G6 0oo
men viii he none foo manv to ',,,st ~ ~
recessities of tha situation A. am
events. whether that number sheu he
REQUIRED permanently or not me nnver
should be given to the president tn mist
that force if in his discretion if should ha
given him to recruit for the army within
the above limit from the inhabitants Of
the islands with the government Of which
terwe are charged
The war with Spain laid new and av
ceptional labors on the post office de-
partment This necessity was met hv
| tha nron1n+ detail and desnatch of ~
.nerienced men from the estahIisbod
forces NV directing all tha inst,,,man-
taIitias Of tha raiIwav-n,aiI and ,ost
offina eer,,ica so fara recassar, ~ P tb;e
,,lI,,. ,,1,d1 '-N' ~ 1''is
Inc IoIloMins Iecoili recon- llud llohs OF the
secretary OF the navy reIatlNe TO the IN
crease III lle navy navy "S earnest ap-
proNal:
1-Three seagolhg sheathed and cop
pered battleshlps OF about 1880 tons
trial displacement, carrying the heav-
lest armor and most powerful ordnance
for vessels of their class, and to have the
highest practicable speed and greatest
radius of action. Estimated cost, ex-
elusive of armor and armament, $3,-
800 900 each.