The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-04-01


make their real vz.sae Sg48-S Ss.i1. ss1sss
Which about equals me value 90 Iss Tier
casnSiss. exported.
WItA the exports ~ merchandise pruc-
ucaily eauaEhEE the irsE2vts 81 merriam
d. the excess in ;hs grand tatal q az
pcrts mast os found chiefly n the specie
account. and amounts approximately 10
s1-5esa,Et..sso THIS excess 81 exports az
sEssacfe seems - ~ accounted {aS by Tie
fact that large sums are annually sent
abroad ur account Of foreign capital ia
vested in TIRE United States ana consider
ahe SUMS also expended abroad by our
cltAxsr-s temporarily sa7oarrstng IN foreign
countries The earnings % foreign capssa3
invested II tie Tinted states nave r.
Gently been estimated 81 sssssAeea per
aEnsars. And the expenditures abroad -
american cltiEsBs Al sSsaoe.sa per annUgr
If 20 this ~ added S&a.gse.sHa per amman
fo- liquidation II the principal OF eur
foreign Indebtedness. The operation a.
single decade would account for the En-
Ire excess 81 expectations
" hIie all a. the calculations entered
upon for the purpose Of adjusting TIE
grand international balance sheet are
necessarily estimates they are me coz
sensus Of We've Of Ehcse whose ripe ex-
perience gives value and accuracy 70 their
Judgment Ia shsse matters
One interesting fact shown by the table
covering tae Imports and exports by years
since i1Sa. whether II merchandise or II
merchandise and specie combined. - thar
prior 20 isse the imports almost constantly
exceeded the outflow oi exports, while
since that time the o2tAo& has almost
constantly exceeded the inflow. This IL
probably accounted for by tae fact that
N The earlier years money was borrowed
abroad for uSE n construction az rail-
roads development os farms and estab-
iAsGmeTlt OF factories. and that IN the lat
ter years he excess Of exports aas been
devoted - payment of Interest and a
part az the principal as we'll as the lar
ger expenditures % onr citizens abroad.
The excess of irapaTts Of merchandise and
specie prior 20 isss Was sl.sss4 SSs.si2. and
ffT-s tar x4rasa.
ss.sEs oo4egL
TRo important facts seem to be sug-
sested by a study OF this balance sheet
OF our international trade. First. taas
our people are rapidly iiausdatlnS their
foreign Indebtedness. second. that for the
sake OF accuracy in our accounts OF for.
elen commerce all statements ~ values
of imports and exports should Ire made
with reference TO II common point. via,
the door through which they enter and
leave the country.
In the above attempt 10 balance the ac-
counts Of our International trade the sums
estimated annually expended for FIRE zhts
on imports are included IN the additions
made 10 the stated valuation OF imported
merchandise, while those on exports do
not AFFECT the statements OF value at poin,
Of expectation.
The following table shows the totals n,
the imports and exports az merchandise
and specie from lss9 10 1888:
Merchandise
Exports .....,.....-.. sn ass 30 SIS
-
Excess o. exports..........s s7224i as
Gold and silver
Exports ............ ............s s. -. So ssI
Excess Of exports ......s I.4se IA. 2sI
F. Merchandise and gold and ST.
Yer combined
Exports ............. .......... s3i 80 So s6s
Imports ............. 3l.aa1 Ill SCI.
- -. - 80 - -
i Commissioner Binger Hermann o. the
! general land office. has suspended the
! homestead entry OF Daniel j. Tiicaonai.
Watervilie land district, for the south half
{ u the northwest quarter Il section "a
and the north half OF the northwest quar-
! ter Of section II, township - north. range
/ . east. awaiting A decision BY the secre-
| taTy OF the interior on the appeal Of tho
/ Northern Pacific Railroad Company from
/ the commissioners decision Of August ~
1 is,@. holding for cancellation The COM
I pany's list No. IS Of lands selected which
/ embraced the above homestead entry
1 The local land office interested will be
/ notified Immediately when the decision Is
| made,
/ The secretary % the interior has orferei
patented 10 the state of Washington a Sc
( iecttsi list OF lands embracing 1888 acres
( In the Olympia district. ON account OF the
/ grant to aid the state charitable and pena!
institutions.
Comptroller ~ the Currency Davis re-
ports tile following changes in officers of
national banks IN tho state % Washington:
The Columbia National bank. az Dayton
/ -. j. broughfon vice president. In place
% II. {. Guernsey: no assistant cashier IN
place OF r. w Guernsey.
The First National hank OF Seattle
James y. Hpge. ST., president, in place Of
Maurtc. McMickan: Maurice McMickea,
vice president. r f. Parkhurst. assistant
cashier
The FRS, National bank Of colsax~w.
81. Taylor. assistant cashier In place OF
NJ w. ksncald
The Fidelity National bank os Spokane
A w Lindsay assistant cashier
TIE selection 81 the First. National
hank as reserve agent for the Fidelity Ma
tional bank Of Spokane has heen approved
by the comptroller % the currency, also
the selection of the same bank as reserve
agent for the First National bank o. Ju-
neau, Alaska
rostos1cas have been established Mt
Nerdlana jefferson county. and Raudle,
Lewis county. Carl Norman has been
commissioned postmaster al Soraland and
ThunaS j McMahan e Rar die. The niasi
service for N0Fiand VIII b9 By special ear
rfer from HaGdock :ve miles southwest:
THAI for Ikanole will oe taken by the regu-
Lar carrier on shs route from Vance to
Cora. the rev office cesirg only two and
one-haf miles north % Vance
postmasters have been recently appoint
chaftefoy. Spokane county, L. sr9ita
vice Calvin Sterner. resigned
Fairfax Pierce county,. - Hill vice
7, u Corey. resigned.
Tower C0wlitx court Mrs. Alice VIII
Hams vice James Wilkinson. resigned
Wilkinson. EIaFc" county rharlea T.
. Erebru Wee Thomas II. Elliott renewed
Commissions have been issued ~ the
following FsB@fEHa st.r~ ths4r acras nmqfsw
been = approved john r Morgan Marcus.
Atseert IL Carr I-afona- Eiwoas Amber
q Z
Robert tso8TiaT N@2ar Mountain. Thomas
= Cullen TaseeSn
the ysostesicet a, fGxhy Wahk}akuY,
county. has hesn discontinued, and mail
for snaf psln. w5u DC delivered after April
] - clifton.
-g,., fasstgssace II aartaner; recently az
fnur3zess Ets- removal 81 the paatptfsss at
tsEes@tt. Wash 80 1875 Wisconsin Sa4lld-
tax Tfs r@y1f Il tho Few quarters will bs
, -. Ier amman.
Original pensions have bern granted "a
Edwin = ffs4ekuer ~ Sos2tr Tsrswaa a.
s. faontn And - William ] Roan4tesae -