The Holly chieftain., 1900-01-05

| lowered as taps We're sounded and
volley fired. The Marine band played
dirge, and the crowd dispersed. The
marine guard then resumed its sacred
| watch till dawn of the next day.
Ii is stated ut the Treasury Depart
ment that the total amount of bonds de-
posted and accepted by the secretary
as security for internal revenue re-
ceipts TO be deposited with the national
bank repositories is S11,0o0,000, of
which s11,OGp,000 has been deposited
by New York banks. Among the other
| cities making deposits are: Chicago,
5000 ooO; st. Louis, 1.366 900: Boston,
| 81 1,OOo.0OO. Baltimore. S2i5, 600: Cincin-
matt, $4,000; New Orleans. 100000.
The entire list foots up thirty-o
banks, in fifteen states. The total re-
ceipts from internal revenue sources
are distributed each day among all of
the banks represented in the list, each
bank receiving its proportionate share
of the whole on the basis Of the
amount Of bonds deposited. 1t is stat
ed further that the amount of bonds
| purchased by the government under
the secretary's recent order was:
Fours. S14. .244 .05O: fives. 4.99O. 300: to-
tai. SIG, ,234 $50, with about S45, 900 ad-
| ditional under examination.
Western members Of Congress from
stock growing and wool-producing
states are preparing TO vigorously OPP
| pose the proposed reciprocity treaty
between the United States and Argen-
tine, which will come before Congress
for ratification Immediately after the
holidays. The proposed treaty is of
| peculiar Significance to Colorado, Wy
| oming. New Mexico and other cattle
| and sheep-producing states in that il
| provides a reduction of 20 per cent, on
the duty upon wool and hides import
ed into the United States from Argep-
tine. which is large producer of these
| articles, and whose wool comes direct
| ly into competition with that from
western states and territories. The
| procedure in considering the hatifica-
tion of this and other reciprocity trea-
| ties submitted will be unigue in that
they must be ratified not only by the
Senate. but by the House, the Dingley
bill. under which they We're negotiated.
providing this course of procedure for
reciprocity treaties.
The senatorial contests now going
on in the South are rather confusing to
the Democrats in Congress, for in three
states at least expansion is the issue.
with a Democrat oil either side of the
question. IN Alabama Senator Nor
gan is making fight for re-elec-
non to the Senate as an eXpansionist
against Governor johnson, who is an
anti; in Mississippi Senator Sullivan
has practically driven off the stump
his witty antagonist. Representative
John Allen, with expansion as the chief
Issue. Sullivan was one of the Demo-
Gratis who sustained the policy of the
administration and supported the
peace treaty last winter. Allen at
tackled his record in this respect, but
the people almost unanimously sus-
tanned Sullivan, and Allen now admits
that he made grave mistake. In Ar
kansas Governor Jones is making a
| tight against Senator Berry on the
same issue, holding that expansion
means prosperity to the South, and de-
manding that the Democrats send an
expansionist to the United States SEN
ate to succeed Senator Berry, who is
one Of the most conservative of antis.
All of the European governments ex-
cept Russia have notified the Depart
ment of State that they are prepared
TO give in writing the guarantees re-
quested some weeks ago that the mer-
chants and manufacturers of the
United States shall have the same
rights and privileges as their own mer-
chants and manufacturers in the mar
kets of China wherever their sphere
Of influence" extends. This is the most
important commercial proposition that
has engaged the attention of our diplo-
matte service for many years, and it is
the first time the United States has as
sumed or expressed n determination to
assert itself in oriental affairs. 1t
marks one more departure In our diplo-
matte policy. and adds another to the
long list Of innovations which has
characterized the present administra-
ton. In the partition of China we
have taken no part. While this di-
vision Of the great empire has been
going on the United States has been
invited by the powers to participate,
and has been appealed to by China to
intervene for its protection, but 1t was
wisely decided by the President and
his advisers that American domna-
ton should not be extended any far
ther than the Philippines At the
same time 1t is the duty Of this gov
ernment to anticipate any attempt to
establish monopoly in the eastern
trade. Therefore, Secretary Hay,
whose foresight has been demonstrat-
ed in other matters, intimated to the
powers Of Europe that the United
States would be pleased to receive as
surance that its commercial interests,
present and future. would not be inter
fered with. All of them were prompt
in offering such pledge, with the
greatest pleasure, but when Secretary
Hay asked it in writing they hesitated.
Then followed an interesting volume
Of correspondence between the foreign
officers OF Europe and Secretary Hay.
and with each other. which has result
ed in the nrann ra fion Of n r,ladza l..