The state herald., 1900-12-07

gin the last session of the Fifty-siXth
Congress with evidences on every
hand of individual and national pros
perity, and with proof of more growing
strength and increasing power for the
good of republican institutions. Your
countrymen will join with you In felici-
tation that American liberty Is more
firmly established than ever before,
and that there is more love for 1t and
determination TO preserve 1t more
universally than at any former period
of our history.
"'The republic was never so strong,
because never so strongly intrenched
in the hearts of the people as now. The
constitution, with few amendments,
exists us 1t left the hands of its auth
ors. Additions which have been made
to it proclaim II larger freedom and
more extended citizenship. Popular
government has demonstrated In its
III years of trial here its stability and
security. and its efficiency as the best
instrument of national development
and the best safeguard to human
rights.
when the Sixth Congress assembled
in December, 1900, the population Of
the United States was 5,30S. .IS3 1t is
now 16.3Oi, 100. Then we had sixteen
states. Now we have forty-tive. Then
our territory consisted of 900, 600 square
miles. 1t is now 3Si6, ,595 square miles.
Education and religion and morality
have kept pace with our advancement
in other directions. While extending
its power the government has adhered
TO its foundation principles and abated
none of them in dealing with our new
| peoples and possessions. nation so
preserved and blessed gives reverent
thanks TO God and invokes his guild
ancc and continuance of his care and
favor"
Concerning n settlement of the Chi
nese troubles the President says:
THE Russian proposition looking to
the restoration of imperial power in
Pekin has been accepted as In full con-
sonance with our own desires, for we
have held and hold that effective repa-
ration for wrongs suffered and an en-
during settlement that will make their
recurrence impossible can best be
brought about under an authority
which the Chinese nation rcvcrences
and obeys. While so doing we forego
no jot of our undoubted right to exact
exemplary and deterrent punishment
of the responsible authors and actors
Of the criminal acts through which we
and other nations have suffered griev-
Gus injury.
For the real culprits. evil counsel
Ors who have msled the imperial judg-
ment and diverted sovereign authority
TO their own guilty ends, full eNpiation
becomes imperative within the rational
limit of retributive justice.
Il regard rs one Of the essential fac
tors Of durable justice the security of
adequate guarantees Of liberty of faith,
since Insecurity 10 those nations who
may embrace allen crceds is scarcely II
less cffectual assault upon the right Of
foreign worship and teaching than
would be the direct Invasion thereof.
THE matter Of indemnity for our
wronged citizens is question of great
concern. Measured In money alone.
sufficient rcpaation may prove TO he
beyond the ability Of China TO meet.
All powers concur in emphatic dis.
claimers of any purpose Of aggrandizc-
ment through ACKNOWLEDGMENT Of the
empire. am disposed TO think due
compensation may he made In part by
increased guarantees of security for
foreign rights and immunities, and
OF China to equal commerce 10 all the
world. These views have been and
viii be earnestly advocated by our rep
rcsentativcs.
The government Of Russia has put
forward the suggestion that in the
event Of protrucied dlyergcncy of
views In regard to Indcmniiles. the
matter may he relcgatcd to the court
OF arbitration at The Hague. | favor.
ably incline To this. believing that high
tribunal could not fail To reach n solu.
tion no less conducive 10 stability and
enlarged prosperity of China Itself
than Immediately beneficial To the pow
ers"
1T Is gratifying to bc able to state
that the surplus revenues for the lis. /
cal year ended June 80. 1890 were SD |
52I .oUs,ls. For the six preceding
years We had only deficits. the aggre.
gate Of which from 1874 to 1879 In /
elusive amounted 10 S2S3.022, ,g9l.lI. /
The receipts for the year from all
sources, exclusive of the postotiicc rev |
enues, aggregated s5GT,2i0, ,S5l 81. and /.
expenditures for all purposes. except
for the administration of the Postal
Department aggregated SiSI,Ii3,. |
,ol,Il. The receipts from customs
Were s233,lGi,sIl.iJ, an Increase over
the preceding year OF S2I. 3G3sgil. !
The receipts from the Internal reye- |
nue. Were ss95y32I .026IG. an Increase
OF S2l. $50 IG525 over 1899. The re,
celpts from miscellaneous sources were
3s,Tis,o530T. ms against S36.30i.. !
oIG.s2 for the previous year
at Is gratifying also to note that
during the year considerable reduction
h shown In the expenditures of the
government. The War Department cN.
pendlturcs for the fiscal year 1890
were sl3i.ITi. .TGI.1s. n reduction of
/ S5g,WiG is6.GJ over those of 1859. In
the Navy Department the expenditure,
were S55.D53,OTT.T2 FOR the year 1880.
Ms against sG3.Di2. 1922 for the pre-
cedlng year. u decrease Of S1,Dsg. .U2G, ~
In the expenditures ON account of the
lndifUs there was n decrease In 1900
over 1880 OF S2.,llO. .GOi3s, aud In the
civil and miscellaneous expenses OF
1900 there wns n reduction of Sl3.tis,.
o65.Ii. Because OF the excess of rev.
rnues over expenditures the secretary
OF the irensury wns enabled 10 apply
bonds and other securities Ia the sink.
ing fund to the amount Of S,5.5il,-
$4,000 The details of the sinking fund
are set forth In the report of the see.
r.inry OF the trcnsury. 10 which I In.
vite attention, The secretary OF the
treasury estimates that the receipts
for the current fiscal year viii nggrc.
gnt" s5soouD.D 600, and the expenditures
sJp,v1,Dr, leaving mn excess OF r"y.
enucs over expenditures Of $4,000. .OOO.
The present condition Of the treasury
II one Of undOubied strength. The
available cnsh balance November 3oth
was slln.303. .1pi.5O
"Tho beneficial effect Of the financial
net OF 1850. 80 FAR ~ II relates TO the
modification Of the national banking
/ act. N already nppnront The pruyiH.