The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1899-12-15

III ms been removed from the high Of
nee which NJ honorcd aud ciEnincd' hul
his lofty character his devotion 70 d,.iS.
hts honesty OF purpose, and noble virtues
remain with ", as = DFictIc7s les@SS e"e
example.
DoMEsrt. AFFAIRS.
The Country Prosperous.
The ffty-siNth congress convenes IN its
frs regular session with the country ~
a condition Of unusual prosperity. 81
universal good will among the people az
home and Ia relations or peAtt ~"
friendship with every government on tl
world our foreign commerce h@s s"9 9,,...
great inCreage IN volume ana VAlHt' Inc
combined imports and exports LOT th'
year are the largest ever SHOWN oS
singh. wear ia all our history.
Agricultural Exports
rxports OF agricultural products were
f7StT76I42 OF manufactured products W.
exported il value $fis 81. lio. being larger
than any previous year ~ u hotyNnt
history when the products 81 our maui
factories sold abroad exceeded those
bought abroad were ISIS and 1872
uecsipts and Expenditures.
Governricnt receipts from all sources
for the fiscal year ended June 81, ~.
Including sll .sS 3l4l4 part payment OF the
central Pacific railroad Indebtedness. ag-
gfegated 500 -. pH 3d.. customs receipts
-.
nal revenue S2,3, 49, 1871.
For the fiscal year the expenditures
were 500 o9s, 56i02 leaving denct OF
ssglll 1896.
strength of the Treasury.
The nresant gratifying strength OF the
treasurv is shown by the fact that on
December l. 1879, the available cash ball
ance was Sg7s. uo4 -. OF which SIS 81
sose was in gold e9in ana hilton nreyai
throug bout the country have brousht sOid
into more general use and customs re-
ceipts are now almost entirely paia n
Tse strong condition OF the treasury
with respect TO cash on han5 and tho
favorable showing made oy me rrNehurS'
have made II possible for the Sec
rotary OF the treasury 70 take acLon th-
der the provisions of Section 3oti. Revised
Statutes. relating 10 the sinking tund'
Receipts Exceeded Expenditures.
Receipts exceeded expenditures for the
FIRST FIVE months OF the current fiscal year
by sl3 4l3. $50 81. and, as mentioned above,
the secretary Of the treasury estimates
that there will be surplus 81 approx
rnatelv 100000 at the end Of the year
Under such conditions Il was deemed di-
visable and proper 70 resume coInWl-
ance with the .provisions q the slhk.hg
been done because OF deficiencies in the
revenues.
TO support the Gold standard.
urgently recommend that 20 support
the existing gold standard. and 70 MAIN
tain THE parity in value % the CONS
ri the two metals tgod and silver aui
ths equal power OF every dollarat all times
in the market and IN the payment 81
given additional power and charged Win
thc duty 10 sell United states bonds ana
90 employ such other effective means -
MAJ be necessary 20 these ends The au-
thority should include the power 70 sell
bonds on long and short time, as con
ditions may require. and should pronine
q tt4fr La
fixed bv the act Of January, II. lS'S.
Maintaining the Parity.
we are maintaining the parity 81 an the
money issued or coined by authority oi
the government We are doing these
things with the means at hand. Happhs
at the present time we are not compete
60 resort To loans 20 supply gold y mss
been done in the past. however, ana may
have TO be done in the future. IL he'
hocves us. therefore, 10 provide AZ ohc'
tho best means TO meet the emergency
WHEN IL arises and the best means ast
those which are the most certain aid
American Merchant Marine.
The value Of an American merchant
M rine 10 the extension of our Commercial
trade and the strengthening Of our pow~i
uron tn sea invites the immediate actor
OF congress. our national development
will be onc-sided and unsatisfactory s.
long as the remarkable growth or ou'
inland industries remains unaccompanie,
by progress on the seas. There IS n'
lack of constitutional authority for leTis
lation which shall give 20 the country
maritime strength commensurate with ~
Industrial achievements and with It's RAM
among the nations of the earth.
Combinations and Trusts.
Combinations OF capital organized int
trusts TO control the conditions or trad
among our citizens. to stife competition
limit production and determine the price
.of products used and consumed BY IN
people. are Justly provoking public dis
eussion. and should early claim the az
fcntiOn OF the congress.
Important and far-Renchine.
The whole question Is 50 important an
far-rcaching that ! am sure no part 81 !
will Toe lightly considered, but ever.
phase Of Il will have the studied delibera
tion OF the congress, resulting in wise an
fudicious action.
OuR FOREIGN RELATIONS.
Argenfinc-thili boundary.
A review OF our relations with forcig
states IS presented with such recommcn
dationS as are deemed appropriate
The long-pcnding boundary dispute b,
tween the Argentine Republic and chi
was settled IN March last by the award ,
m arbitral commission. on wrich IN
United States minister al Bucnos Ayre
served as umpire
Progress has been made toward ~
conclusion Of convention ~ evtrdditio
with the Argentine REPUBLIC, Having bee
advised and consented 90 by the Unite
states senate ami ratified by Argentina
only awaits the adjustment 81 some slgl