The Delta independent., 1899-12-01

follow his action. Tor fepoStS Ox -
rangements for transferring the prop
erty which have been In circulatioa
have brought forth protests from sub
scribers residing here and elsewhere.
On Tuesday, Mrs. Dewey transferred
the property to the admirafs son.
George, as, 1t is stated, was originally
planned.
Secretary Longs naval program Tor
new ships will involve the appropria-
ton of SD, 600 900 towards the mighty
navy, To this expenditure must be
added about 81 ,OOO,OOO for the control
of the Holland submarine boat inven-
ton and purchase OF some vessels OF
that type for the navy. This matter.
II il understood, will be arranged by .
special bill to be introduced early In
the approaching session Of Congress.
Secretary Longs program would have
been much more extensive but for the
fact that there are already outstanding
contracts for ships under construction
to the amount OF $1s.OQOOOO, and the
great expense Of keeping In repair the
vessels now In commission. Another
consideration which has prompted the
secretary TO keep the recommendation
down to about 500. .OOO. 600 is that there
are only three concerns In the country
which can bull. vessels OF the battle
ship type.
During the ten months ending Oc-
tober 31st the exports OF merchandise
from the United States reached the
unprecedented total of $1.Gsl.242,2 2sj.
and beat the record by S41, ,3i4.597. The
exports during the same period In
1897 were only 1851. 1859. $50. For the
twelve months ending, October 31st
the exports were 81, 2.&i. .s.bO.945. an in
crease OF more than $1O.OOO.OOO over
the previous year. During the last ten
months the imports of merchandise
into the United States reached $685.
3s5. I'D. an increase OF f13O.G4s.64S
over the corresponding period OF 1898.
The foreign commerce OF the United
States seems likely to reach high
water mark In the closing year OF the
century. The October exports are
larger than those OF any preceding Oc-
tober. The total for the ten months
ending with October is greater than
the total for the corresponding period
In any preceding year. and IL In appar-
ent that for the first time In our his
tory the foreign commerce OF the year
will exceed $2,OOO.O0O.OOO.
1t is stated that the Republican cnu-
Gus committee OF the House OF Repre-
sentatives has formulated currency
measure which will probably be the
first act after the commencement Of the
session In December. The matter will
be taken up ,n the caucus Mt which the
speaker and other officers will be nomi-
mated, and II II receives the indorse
ment Of that body II Will be offered -
nn independent proposition on the floor
at the first opportunity. 10 that II can
go over to the Senate before the holi-
days. This plan as far as known con-
tains: ]. A declaration In favor OF .
single gold standard Of money. 2. A
provision to prevent such situation
as occurred In the Cleveland admins
tration by requiring that greenbacks
received Mt the treasury In exchange
for gold shall he withheld from circula-
tion unless redeemed with gold. In
other words, the endless chain" In
made impossible. ms the treasury de-
partment is forbidden to use green
backs that have been redeemed for
the ordinary disbursements Of the gov
ernment or In exchange for gold. 3. An
amendment to the national banking
law permitting banks 10 issue notes up
to the par value Of the bonds deposited
to secure them. and permitting the es-
tnblishmcnt Of national banks with n
cnpItnl OF 81, 900 under certain con-
ditions.
Adoption OF the old Reed rules. I'm
mediate passage OF the caucus COM
mittce'H financial reform bill. and re-
organisation of committees along old
lines ms near as possible with the Re
publican membership Of the committee
ON rules consisting Of MessrS. Hender-
son. DnixclI and Babcock. Ii the pro-
gram which Mr.. Henderson. who Is TO
be speaker. has marked out for the
House Of Representatives ms n result
Of his conferences with the President.
the leading members Of the House and
with other prominent Republicans
since his arrival In Washington. Al
his conference with the President, Mr..
Henderson talked over this program
and found that II met Mr. McKinlcy'n
entire approval. The President was
especially pleased with the proposition
TO pass the financial bill without delay.
II is understood that the whole matter
will come up at the meeting Of the
Republican caucus on Saturday. De-
ccmber 2nd. II is the desire Of Mr..
Henderson to have the financial bin
pns~ed during the first week Of the
session. II may even be done under
a special rule before the adoption Of
the regular rules Of the House. There
has been considerable discussion
among Republican representatives Of
proposed changes In the Reed rules,
and the lender Of the opposition to
their adoption without change has
been Mr.. Henderson's colleague. Mr..
Hepburn Of Iowa. Since Mr.. Hender-
sons arrival here. however. II has be-
come known that he would prefer to
he given all the power his predecessor
had.
The social season that will open
with the Presidents reception on the
LIST Of January promises to be the most
brilliant ever known. There was never
40 few vacant houses In Washington;
there was never snch q demand for
large and handsomely furnished man.
sions arranged for entertaining. and