The silver star., 1899-12-01

follow his action, for reports or M,
ranRements for transferring the nror-
erty which have been in circulatinn
nave brought forth protests from smh.
scriDers residing here and elsewhere
IN tuesday, Mrs. Dewey transferred
tne property to the admirars son
george. as, 1t IL stated, was originally
secretary Longs naval program for
new ships will involve the appronrin.
ton Of 26,O0O.OOO towards the mighty
navy. To this expenditure must be
added about $1,OOOOOO for the control
OF the Holland submarine boat inyen-
uon ana purchase of some vessels of
that type for the navy. This matter.
1t 10 understood, will be arranged by a
special bill to be introduced early in
tne 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.OOO,OOO, and the
great expense Of keeping In repair the
vessels now In commission. Another
consideration which has prompted the
secretary to keep the Recommendations
down to about 500. .OOO, 900 ia that there
are only three concerns In the country
which can build 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,O20, ,242, ,2s8,
and beat the record by $41 1,344, ,597. The
exports during the same period in
1887 were only $S57, ,0s2,7 ,759. For the
twelve months ending October 81st
the exports were 81 296, $780, .045, an in
crease Of more than $7O,0OO,OOO over
the previous year. During the last ten
months the imports of merchandise
into the United States reached $685.
3I5,1D, an increase of $13O,648, GAS
over the corresponding period Of 1893.
Ihe 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 1t is appar-
ent that for the first time in our his
tory the foreign commerce of the year
will exceed $2,OOO,OOO,O0O.
1t Is stated that the Republican eau
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 III the caucus ut which the
speaker and other officers will be nomi-
mated, and II 1t receives the indorse-
ment Of that body 1t will be offered as
an independent proposition on the floor
at the first opportunity. SO that 1t can
| go over to the Senate before the holi-
days. This plan as far as known con-
tains: ]. A declaration In favor of a
single gold standard Of money. 2. A
provision to prevent such situation
rs occurred in the Cleveland admins
tration by requiring that greenbacks
received Mt the treasury In exchange
for gold shall be withheld from circula-
tion unless redeemed with gold. In
other words, the endless chain Is
made impossible, as 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 to issue notes mp
to the par value Of the bonds deposited
| to secure them. and permitting the es-
tuDubuhltht vi uuuOnui Oulh6 WItu ~
capital Of $25. 900 under certain con-
ditions.
Adoption Of the old Reed rules, i'm
mediate passage OF the caucus COM
mlttee's financial reform bill, and re-
organization of committees along old
lines as near as possible with the Re-
publican membership OF the committee
on rules consisting Of Messrs. Hender-
son. Dalzell and Babcock. is the pro-
gram which Mr.. Henderson. who Is to
he speaker, has marked out for the
House OF Representatives as a result
Of his conferences with the President,
the leading members Of the House and
with other prominent Republicans
since his arrival In Washington. At
his conference with the President, Mr..
Henderson talked over this program
and found that It met Mr.. McKlnley's
entire approval. The President was
especially pleased with the proposition
to pass the financial bill without delay.
II IL understood that the whole matter
will come up mt the meeting Of the
| Republican caucus on Saturday, De-
cember End. 1t Ia the desire Of Mr.
Henderson to have the financial bill
passed during the first week of the
session. II may even he done under
| SDcclul TuIc DeIOre tue uuOIUlOn OF
| the regular rules Of the House. There
has been considerable discussion
among Republican representatives of
proposed changes In the Reed rules,
and the leader Of the opposition to
their adoption without change has
been Mr.. Henderson's colleague. Mr..
Hepburn Of Iowa. Since MIR. Hender-
sons arrival here. however, II has be-
come known TINT he would prefer to
bc given all the power his predecessor
had.
The social seas0n that will open
with the Presidents reception on the
list Of January promises to he tho most
brilliant ever known. There was never
sO few vacant houses In Washington;
there was never such demand for
large and Handsomely furnished man.
sions arranged for entertaining, and
the hotel keepers say they have al
ready rented more apartments for tho
season than ever before at this time
Of year. Usually during this month
<hr s,vsl ., reun1 spaidas,ro sfrnnta rn 1lnoS1