Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1900-12-06


The Bureau Of the American Repub-
lies continues to discharge, with the
nappiest results, the important wGrk Of
promoting cordial relations between
the United States and the Latin
American countries, all of which are
now active members of the lnterna-
tional Union. The Bureau has been
in bringing about the
agreement for another International
American congress which IL to meet
in the City Of Mexico in October, 1901.
The Bureaus future for another term
of ten years Is assured by the inter-
national, compact, but the congress will
have much to do with shaping
new lines of work and general policy.
Its usefulness to the interests of Latin
American trade is widely appreciated
and shows gratifying development.
The practical utility Of the consular
service in obtaining a wide range of
information as to the industries and
commerce of other countries and the
thereby afforded for in
Producing the sale of our goods have
kept steadily In advance OF the notable
expansion of our foreign trade, and
abundant evidence has been furnished,
both at home and abroad, of the fact
that the Consular Reports, including
many from our diplomatic representa-
tives have to considerable extent
pointed out ways and means OF dispos-
ing OF great variety OF manufactured
goods which otherwise might not have
found sale abroad.
Testimony of foreign observers to the
nsn1 OFF nj af n a y
CORPS seems to be conclusive, and our
own manufaotur ers and exporters highly
appreciate the value Of the services
rendered not only in tho printed reports
but also in the individual efforts OF
consular officers to promote American
trade. An increasing part of the work
of the Bureau of Foreign Commerce,
whose primary duty it is to compile
and print the reports, is to answer in'
quiries from trade organizations, bust
ness houses, &C., as to conditions IN
various parts of the world, and not.
withstandiDg the smallness of the force
employed, the work has been SO sys
tematized that responses ars made with
such rromptitude and accuracy as t.
elicit fattering enoomiums. The ex
pertinent OF printing the Consular Re
ports daily for immediate use by trad'
bodies, exporters, and the press, which
was begun In January, 1898, continues
TO give general satisfaction.
II is gratifying to be able to stat
that the surplus revenues for the tisca
year ended June Both, 1900, vert
| $79, 527, 060. 49, For the six preceding
years ne had only deficits, the aggre
gate Of which from 1894 to 1899, IN
elusive, amounted 10 1888. 022. 991. IA
The receipts for the year from al
sources, exclusive of postal revenues
aggregated s567, 240, S5l.89, and ex
Eenditures for all purposes, except TO
the administration of the postal depart
ment, aggregated S4S7, 713, 791.71. Th
receipts from customs were 1898, 1854,
871. 10, an increase over the preceding
year of s27,036, $3.50. Al. The receipt
from internal revenue were 1925, 327,
926. 76, an inchease of s21, 800, 765. 2
over 1899. The receipts from mig
cellaneous sources were s38, 74S. 053. 81
as against $36, 1874, 976. go for the pre-
vious year.
It is crafty ing also to note that durin
the year considerable reduction
shown In the expenditures of th
Government. The War Department 81
penditures for the fiscal year 100
were s134, TIA, 767.78, a reduction {
| s95, 066, 486. SO over those of 1885, I
the Navy Department the expenditure
were s55, 953, OFT. 70 for the year 1900, {
against 1858, 942, 104. 25 for the precedin
year, decrease of 81, 1888, 026. 80.
the expenditures on account of Indiar
there was a decrease in 1900 over IS!
of $1,000, GOA. 80; and in the civil an
miscellaneous expenses for 1900 the
was reduction OF s13, 41s, 065.74.
Because of the excess of revenue
over expenditures the Secretary of ii
Treasury was enabled to apply bont
and other securities to the sinking fur
to the amount of S56, 544, 556. 06. III
details of the sinking fund ATE set fort
In the report OF the Secretary of I'll
Treasury, to which I invite attentio
The Secretary of the Treasury est
! mates that the receipts for the cure
! fiscal year will aggregate $3.50, 600, o.
and the expenditures $500, 600, 90
leaving an excess of revenues over Q
penditures of $50, 900, 600. The prese
,, condition Of the Treasury is one of u
doubted strength. The available ca
! balance November Both was Sla9, 80;
! 794.5 Under the form OF stateme
: prior to the financial law Of Mar
! 14th last there would have been
: cluded in the statement of availat
: cash gold coin and bullion held for t
y redemption of United States notes.
4 If this form were pursued, the ca
= balance, including the present gold !
: serve of $3.50, 900, 600, would be 1928!
:. 303, 794. 90. Such balance Novemt
= 3Oth, 1899, was 1896, 495, 30I. So.
: the general fund, which is wholly sc
i arate from the reserve and trust funt
a there was on November 30th, $40, Oh
= O73.15 in gold coin and bullion,
i which should be added 1922, 957, 800
- gold certificates subject to issl
4 against which there is held in I
:, Division of Redemption gold coin a
- bullion, making total holding of II
"a gold amounting to S93, DAT, 1913. Is.
h 1t will be tho duty as / am sure
, will be the disposition of the Congr
- to provide whatever further legislati
IL is needed to insure the continued par
= under all conditions between our t
n forms of metallic money. silver a
ar gold.
A. Our surplus revenues have permit
r the Secretary OF the Treasury since
close of the fiscal year to call in
/. funded loan of 1891 continued at 2
r cent, IN the sum of s25, 1854, 500.
q. and including November Both, 1923, AZ
le 100 Of these bonds have been pa
40 This sum, together with the amol
a. which may accrue from further
demptions under the call. will be
80 piled to the sinking fund.
al The law of March 14th. 1900, ?
10, vided for returning into 2 per G
es thirtyiyear bonds, payable, Princi
nm and interest. in gold ooip of the pres