River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1900-12-06

voeated more drastic measures, and 1
would gladly see it's extension, by Internal
tional agreement, 10 the restriction q me
liquor traffic with all unclvilized peoples
especially IN the western Pacific-
JapaR'S advancement
The closing year has witnessed de-
clded strengt henng OF Japans relations
TO other states. The development OF her
independent judicial and administrative
functions under the treaties when TOOK
erect july Il. 1893. has proceeded WIN
out international friction, showing the
competence of the Japanese to hold
pies.
In the treatment Of the difficult Chinese
problems, Japan has acted in harmonious
concert With the other powers. ana her
generous cooperation materially aided IN
the joint reief of the beleaguered iega-
lions IN Pekns and in bringing about an
understanding preliminary to a settle
ment OF the issues between the powers
and China.
Japan's declarations in favor of the in
tegrity of the Chinese emperor and the
conservation Of open world trade there
with have been frank and positive As
terests Of peace. order and fair commerce
in the far east. the influence of Japan
can handy be overestimated.
American Indemnity Claims.
The pending claim of r. H. May against
the Guatemalan government has been set
tied by arbitration, Mr. George f. g. Jen-
=
ner. British minister at Guatemala, who
was chosen as sole arbitrator, having
awarded Sl4S,7507S in gold TO the claimant;
Various American claims against Hayu
have been or are being advanced to the re-
sort Of arbitration.
AS the result of negotiations with the
government of Honduras in regard 10 the
indemnity demanded for the murder Of
Frank II. Pears in Honduras, that govern
ment mas paid $4,000 in settlement of the
claim of the heirs.
IA
called forth sincere expressions of sorrow
from this government and people, ana oe-
casion was fifty taken TO testify TO the
Italian nation the high regard here felt
for the memory of the lamented ruler.
DeIasoa Bay Award.
The long-staRding contention with Por-
tugal, growing out of the seizure of the
Delagoa Bay railway, has been at last
determined by a favorable award Of the
tribunal OF arbitration at Berne, TO which
it was submitted. The amount of the
award, which was deposited in London
awaiting arrange ments by the govern
ments OF the United States and Great Brit
ain for its disposal has recently been paid
over to the two governments.
Ratification OF Hague Convention.
The ratification OF The Hague peace
convention is referred to as follows
Ii is with satisfaction that | am able to
announce the formal notification at The
Hague, on September 4, of the deposit of
ratifcations of the convention for the pa
chic settlement of international disputes by
t6 powers. namely: the United States, Aus
tria, Belgium. Denmark, England. France,
Germany. Italy Persia, Portugal, Rou-
mania, Russia, Siam. Spain, Sweden and
Norway, and the Netherlands. Japan also
has since ratified the convention.
The Nicnrauguan Canal.
He advocates the speedy building of
the Nicaraguan canal, and recommends
treaty on this subject he says:
The all-important matter of an inter-
oceanic canal has assumed new phase.
Adhering 10 its refusal to reopen the ques-
ton of the forfeiture OF the contract of
the Maritime Canal company, which was
terminated for alleged non-eXecuuon In
October, 1899 the government of Nicara-
qua has since supplemented that action
by declaring the so-styled Eyre-Cramin
option void for nonpayment of its stipu-
lated advance. Protests in relation 10
these acts have been filed in the state de-
partment and are under consideration.
Deeming itself relieved from existing en-
gagements, the Nicaraguan government
shows d disposition to deal freely with the
canal question either in the way OF ne
gotiations with the United States or by
taking measures to promote the waterway.
OVertures for convention to effect the
building of canal under the auspices
of the United States are under considera-
ton. In the meantime the views of the
congress upon the general subject, in the
light of the report of the commission APP
pointed TO examine the comparative merits
of the various trans-isthmian shfp-canal
projects, may be awaited.
! commend to the early attention of the
senate the convention with Great Britain
to facilitate the construction of such
canal and to remove any objection which
might arise out of the convention com
monty called the Clayton Bulwer treaty.
New Treaty with Spain.
OF our relations with Spain he says
new convention of extradition Is APP
preaching completion and trusts that
commercial convention may follow. OF
in PhilinninR
by the Paris treaty he says:
BY the terms of the treaty of peace
group in the southwest failed to include
several small islands lying west of the
Sulus, which have always been recog-
nized as under Spanish control The oc-
cupa ton of Sibutu and Cagayan Sulu by
our naval forces ELECTED a claim on the
part of Spain, the essential equity of
which could not be gainsaid. In order to
cure the defect of the treaty by remov-
ing all possible ground of future mis-
understanding respecting the interpreted
ton of it's third article, | directed the
negotiation of supplementary treaty,
which will be forthwith laid before the
senate whereby Spain quits all title and
claim to the islands named, as well as to
any and all islands belonging to the Phil
ippine archipelago lying outside the
lines ascribed in said third article, and
agrees that all such islands shall be com
pretended in the ceSsion of the archi-
peiago as fully as If they had been ex-
pressly included within those lines. In
consideration
States is to pay to Spain the sum of
$4,000
still waiting on the Sultan.
OF the claims against Turkey he says:
We await the fulfilment of the prom
Use of the sultan to make reparation for
the injuries suffered by American cit
liens in Armenia and elsewhere in the
Turkish empire. His majesty's good dis
position in this regard has been eyinced
by the issuance of an trade for rebuild
ing the American college at Harpoot.
Would Extend Reciprocity.
He urges the approval of the CONNER
cial conventions entered into between
this government and other powers as
other industries of the country may profit
thereby Continuing on this subject he
SAYS:
The policy of reciprocity so manifestly
rests upon the principles of international
equity and has been so repeatedly APP
proved by the people Of the United States,
that there ought to be no hesitation in
either branch of the congress in giving
to it full effect.
Exposition at Buffalo.
The exposition of the resources and
products of the western hemisphere to be
held at Buffalo next year promises fmpor-
tant results not only for the United States
but for the other participating countries.
1t is gratifying that the Latin-American
states have evinced the liveliest interest,
and the fact that an international Ameri-
can congress will be held in the City of
Mexico while the exposition is in progress
encourages the hope of larger display at
Buffalo than might otherwise be practic-
able. The work of preparing an exhibit of
our national resources is making satisfac-
tory progress under the direction of diff
ferent officials of the federal government,
and the various states of the union have
shown a disposition toward the most lib
eral participation in the enterprise
Our Financial Showing.
The president points with much pride
the showing made nv the treasury de-
partment and quotes exhaustively from
the report of Secretary Gage. He shows
the surplus for the year TO be 1882 ,06e.lS,
and estimates the surplus of the coming year
al $50, 600, 900. Hesays the present condition
of the treasury is one of undoubted strength.
The available cash balance November 80
was SlS9, 30S. $50. Under the form of
statement prior to the financial law of
March IA last this would have been in
cluded in the statement of available cash
gold coin and bullion held for the redemp-
ton OF United States notes.
Further Financial Legislation.
He recommends further financial legis-
lation in the following words:
1t win be the duty as | am sure II VIII
be the disposition of the congress to pro-
vide whatever further legislation is need
ed 10 insure the continued parity under
all conditions between our two forms OF
metallic money, silver and gold.
Our surplus revenues have permitted the
secretary of the treasury since the close
of the fiscal year to call In the funded loan
of 1891 continued at two per cent, In the
sum of S25,364 500. To and including No
vember 80. Sc. 45S 100 of these bonds have
been paid This sum, together with the
amount which may accrue from further
redemptions under the call. will be ap-
piled to the sinking fund.
The law of March H. 1900. provided for
refundfng into two per cent. SO-year bonds.
payable, principal and interest, in goida
coin Of the present standard value, that
portion OF the public debt represented oy
the three percent bonds of 1908, the four