Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1900-12-10

trade under the new burden of.the meat
inspection law and the confident hope is
expressed that further regulations will be
free from past determinations.
The speedy and complete estab tablishment
of the frontier line to which we are entitled
under the Russo American treaty for the
cession of Alaska is recommended in view
of the possibility Of friction in the work
ing of the modus 0i0endi.
Taking the lynching of Italians at TaIlu-
lab as as text, the president renews rec
| concentrations that federal courts have
| Jurisdiction in international cases where
the ultimate responsibility of the federal
! government may be involved. The presi-
J dent advises in conclusion that congress
make gracious provisions for indemnity to
/ these Italian sufferers in the same form and
! proportion as heretofore.
/ Satisfaction is expressed at formal nOti
fcation of the ratification of The Hague
treaty by the United States, Austria, Bel
GUM, Denmark, England, France, Ger
many, Italy, Persia, Portugal, Roumania,
Russia, Siam, Spain, Sweden and Norway,
and The Netherlands. Japan is added to
the list.
Regarding the Nicaraguan Canal, the
information is given that the Nicaraguan
government shows a disposition to take
measures to promote the water way, after
having declared the so-styled Eyro- -Cragian
option void. The report of the commits
sion, it is recommended, may be awaited.
The convention with Great Britain to re-
move any objections which might arise out
of Pm nIyx-oT TO +
struction of the canal is commended to the
early attention of the senate.
Turkish relations are dismissed with the
assertion that eve await the fulfllment
of the promise of the Sultan to make repair
alton for the injuries suffered by the
American citizens in Armenia and else
where in the Turkish empire"
The recommendation is made that the
senate take action on the commercial con-
ventions submitted at the last session
looking to the operation Of policy of
reciprocity.
The exposition of the resources and
products of the western hemisphere to be
held at Buffalo next year promises impOr-
tant results not only for the United States,
but for the other participating countries.
Il 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 a larger display at
Buffalo than might otherwise be practical
BILE. The work OF preparing an exhibit of
our national resources is making satisfac-
tory progress under the direction of differ
i
the various states of the Union have shown
a disposition toward the most liberal par
ticipation in the enterprise.
It is gratifying to be able to state that
the surplus revenues for the fiscal year
ended June 80, 1900, We're S79, ,527, ,O6O. Is.
For the six preceding years we had only
deficits, the aggregate of which from 1894
to 1899, inclusive, amounted to $3.50, ,O22, ,991.
1t is gratifying also to note that during
the year a considerable reduction is shown
in the expenditures of the government. 1
1T will be the duty, as I am sure it will be
the disposition of the congress-" says the
president, ''tO provide whatever further
legislation is needed to insure the contin-
ued parity under all conditions between
our two forms of metallic money, silver
the surplus the president recommends a
reduction of internal revenue war taxes in
the sum of $4,000, 900. 'sThis reduction
should be secured by the remission of those
taxes which experience has shown to be
the most burdensome to the Industries of
the people," The inclusion in the reduc-
tion is specially urged of the legacy tax
bequests for public uses of a literary, edu-
cationaI or charita BILE character.
The beneficial effect of the financial act
of 1900, so far as it relates to modification
of the national banking act, is already |
apparent. The provision for the incorpo- |
ration of national banks with capital of |
not less than S25, ,OOO3in places not exceed |
ing 5000 inhabitants, has resulted in the |
extension of banking facilities to many |
small communities hitherto unable to pro-
vide themselves with banking institutions |
under the national system. There were |
organized from the enactment of the law |
up to and including Nov. 80, 369 nationaT |
banks, Of which 266 were with capital less |
than 1000 and 103 with capital of $4,000 |
or more.
Our foreign trade shows remarkabl |
record of commercial and industrial prog
ress. The total of imports and exports for
the first time in the history of the country
exceeded $4,000, 100000.
Immediate faction IS urged on measures
to promote American shipping and foreign
trade. American vessels during the past
three years have carried about per cent.
of our exports and imports. Foreign ships
should carry the least, not the greatest part
of American trade. The remarkable
growth of our steel industries, the progress
of shipbuilding for the domestic trade and
our steadily maintained expenditures for