Mexico weekly ledger., 1900-12-06

Whie the ltAllau Ecfernment natufal
: regards such action as the primary, an
! indeed. the most essential element in u
disposal Of the Tallulah incident, ] a
yiae that In accordance with preceden
particular case being reached BY the b
now pending. congress make nactol
, provision for indemnity TO the Tails
sufferers in the same form and propo
ton a. heretofore.
LynchtnR.
In my inaugural address l referred
the general subject OF iynching In the
SIynching must not be tolerated in
great and civilized country like u
execute he penalties Of he law. II
preseryk@0n OF public order. the right
discussion, the Integrity Of courts, an
the orderly administration OF 5ustts
upon which our government seeurel
This l most urgently reiterate. an
again invite the attention OF my cour
trymen to this ~reproach upon our civtlizl
ton.
I~tatiheatian Of HaEue Convention.
The RATIFICATION OF The Hague peae
convention - referred to as follows.
Il Is with satisfaction that ! am able {
announce the formai notification At tn
Hague. on September 4. Of the deposit 0
ratineations Of the convention for the pc
ctuc settlement OF International disputes b,
Is powers, namely; the United States, Aus
trla, belgium, Denmark, England. France
Germany, Italy, Persia, PORTUGAL Rou
mania. Russia siam, Spain, Sweden an
Norway. and ise Netheriznds. Japan ais
has since fst.ned the convention.
The Nicaraugunn Canal.
lie advocates the speedy building D
the Nicaraguan canal. n recommend
treaty. On this subject be SAYS.
The Rll-important matter VI an inter
eceanlc canal has assumed d new phase
Adhering 70 Us refusal % reopen the Ques.
thu Martins Canal company. which was
terminated for alleged non-execution In
October. iSR the government % Hicerh-
qua has since supplemented that action
By declaring the ~so-styied Eyre-cramin
option void for nonpayment Of its sttpu-
lated advance. Protests In relation to
these sets have been MED In the state de-
partmsnt and are under confederation
Deeming Itself relieved from existing en-
RaEemcnte. the N~icaraguan merit
shows = disposition 20 deal freely with the
canal question either IN the way OF ne
getiations with the United States or BY
taking measures to promote the waterway.
Overtures for a convention 10 effect the
building. q q M 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 20 examine the comparative merits
Of the various trans-isthmian s~hip-canal
projects. may be awaited. II
] commend 70 the early attention OF the
senate the convention with Great Britain
10 facilitate the construction OF such a
canal and to remove any objection which
might arise out Of the convention com
monty called the Clayton ulwer treasy.
New Treaty with spain.
OF our relations with Spain he says a
new convention or ~extraditiOn IS an
preaching completion and trusts thai a
pnmmqrcfQi rnnNa0ffnn may foftnw~" "a
SPANS claim 70 a number Of the is
lands In the philippine group not covered
BY the Paris treaty he says;
BY the terms Of the treaty OF peace
the line bounding the ceded Philippine
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-
cupation 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 i~nterpreta-
ton Of its third article. l directed the
which viii be forthwith isid before ~
senate, whereby Spain quits all title ana
claim TO the islands named, as well as 10
any n all islands belonging to the Phil
lines aserlbed in said third article, and
agrees that an such Islands shAlr be COM
pretended in the cession OF the archis
pelago as fully as y they had been ex-
pressly included within those lines. In
consideration Of this cession the United
states is to pay to Spain the sum OF
Sun waiting ON the sultan.
OF the claims against Turkey he SAYS:
We await the fulhllment OF the prom
Use OF the sultan to make reparation for
injuries suffered by American cit
liens n Armenia and elsewhere IN the
I 5daitieh s en- Pie ra His 4 pabi s good dis;
by the Issuance OF an trade for rebuild
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
as possible that the AGRICULTURAL and
other Industries OF the country may proft
thereby Continuing on this subject he
fhe policy OF reciprocity so manifestly
rests upon the principles OF International
and has been so repeatedly Ap-
proved ey the people Of the United States.
either branch Of the congress in giving
II full effect.
Our FInaneiaI showing.
The president points with much pride
NE showing la by the treasury de-
attment u quotes exhaustlvely from
ne report OF Secretary Gage, He shows
me surplus for the year to be 1851. 0s0. Is. |
Ano estlnlates the surplus Of the coming year |
$4,000 Hesays thepresent condition
me available cash balance November 80
4ld5,SoS.7si@. Under the form OF |
,tatement prior TO the financial law OF |
l,aten ~ last this would have been In
;lqded In the statement Of AVAILABLE cash
.Old coin n bullion held for the redemp- /
ion OF United sbates notes.
Further Financial Legislation.
He recommends further financial leefs-
alton N the following words:
e \ nv WI s 1e shs Snty a ! am sure II win
zoe whatever further legislation Is need
q 10 Insure the continued parity under
equations between our two forms of
netallic money, silver and gold.
Our surplus venue have permitted thu
Of the treasury since the Close
7 tne hscal year TO call IN the funded loan
I'M " S s " at two per cent, in the
emoer y. @,A6S,i0 OF these bonds have
cen paid. This sum, together with ths
mount which may accrue from further
iied m II IN under the call. will be APP
me Jaw o. March a. 1900, provided for
s.elulhs into tWo per cent. 30-year bonds.
IA ols' principal and interest. in gold
ortlon Of the public debt represented Nv
y h~ree-per-eent honda OF 1905. the four
r-eents Of lgl and the fve-per-csnts
OF which there was outstand- ,
EaN4 law NHIIaAL|.@ 4
y The holders OF the old bonds presented
lem Tor exchange March IA and Noyem-
~ 70 the amount of 1884, "a, 80. The
anssr,Ia 70 me government on these
Hawking Facilities Extended !
The beneficial effect Of the financial act ,
49, 90 iaF as II relates to the modif- /
ZION OF the national banking act, Is al 4
10y apparent. The provision FOR the I
.pital Of not less than $500 In piaass .
exceeding 500 Inhabitants has resulf- :
IN the extension OF banking faofIifie. :
= many smail communities hitherto un- :
stltatlons under the national Gystsm. z
mere were organized from the enact !
ent q the law up to n ineiudlns !
were with capital less than 1000 M .
with capital of 10000 or mora
y = worthy q mention that the ereatsf
ms. o. banks being organized under y
ed OF banking facilities has bssn most y
Dhounsea Iowa stands hHIt, with 8 3
pkS OF the smaller class. while Tsxaa. +
2 and western sections Of Ire countrv i,
We slso ayalled themselves largely Of d
. privilsges under the new law. II
Our Foreign Trade. Ii
our, foreign trade shows . remarkable q
DC et commercial and Industrial prog y
- The total OF imports md e1porfs q
antry exceeds t2.00o,OOooO0 me- exnarts m
/. greater than they have ever been 81
ore, The total for the fiscal year fp0o n
lel,tH,lsQ an increase over 1855 of ffsf--
.Ib2 over 1897 % t1t3. tg.bN. and Rrsatsr y
IN 1896 BY GiLS7gfA. =,
ne growth OF manufactures In the =.
Ilted States is evidenced BY the fact =,
y exports Of manufactured products <,
feiy exceed those Of any previous year -
" value for 1850 being pDaGf.f 2 -
CS9.Eez1fs in 1855. IN fnrreaas ~ -
per cent. %
.sricultural products were also export- Il
during 1879 IN greater volume n in -
> the total Tor the scar being fSs5eba- ~
ne imports for the year 10 p
ltlilA, an Increase over 1896 Of 9lk2- :.
go This Increase Il largely IN mate -
Is for msnufaeture. and Is IN response y
the rapid development Of manufacture =
IN the United States. While there =.
{ imported for use In manufacture In ~