The Delta independent., 1902-08-08


! business July 81, 1902, the debt, less
cash in tie treasury, amounted to
S973,91O,367. which IS au Increase, as
compared with July 1st, of $4, ,453. l26.
This increase is accounted for ty the
reduction In the amount Of cash on
hand. The debt j. recapitulated as fol-
lows: Interest bearing cebt, 1881 ,O7O,-
$40; debt on which interest hOs cea sad
since maturity. $1.2I4, $40; debt bearing
no interest. 1896. .537 SIG. Total. $1,327,-
SS4,966. This amount, however, does
not include $S41 ,365. $50, In certificates
and treasury notes outstanding. which
are offset by an eIua. amount of cash
/ on hand held for their redemptiop
The cash In the treasury is classified as
follows: Gold reserve fund. $lJ0, ,0OO-
900; trus. fund. Ss41. 1868 .OS6; general
fund. $266.514,5o9, incIuding S126, 152-
991 in national bank repositories. To-
tails. $11,27S, ,AaS, sos against which
there are dem0nd liabilities outstaud-
ing amounting to 1921, ,504, 800 lenv:ug
Il cash balance on hand of $353, 81 a, 500
1t is said In Washington that the
commercial treaty between Great
Britain and China, approved Mt a con-
ference at the London foreign office.
is to serve as a pattern for similar
treaties to be negotiated by the other
powers with China. The revision
which Great Britain proposed to China
in the trade treaty, 1t Is said. extends
70 nearly every point In which the
United States Is interested. from the
registration and protection Of trade
marks. the creation Of q national cur
rency and the extension of the bonded
warehouse system to the reform of the
Shanghai mixed court and the nboli-
ton Of all Internal taxation, whether
native or foreign or for import or ex-
port. II the provisions which will be
embodied In the British treaty as 1t Is
finally concluded meet the views and
wishes of this government. the United
States may accept under the most
favored nation" clause. But II the re-
suits obtained by Great Britain fall
short OF this governments expecta-
tions, then the United States may
push separate negotiations and con-
clude treaty OF Its own.
United States Ambassador Clayton.
at Mexico. has succeeded in securing
restitution on one OF the largest en-
bczzlemeNt cases before the Mexican
state department. Some time ago
James Brown Potter. representing
large American and English interests
in the Tiahaulilo Mining Company OF
ment for Justice. claiming that by
fraudulent conspiracy some OF the di-
rectors Of the company had embezz!ed
funds to the amount OF over $2.OOO.OOO.
This, II was charged. was accomplished
by packed elections and the bestowai
OF illegal powers upon one OF the direc-
tors Of the company. The fact that
some inferior Mexican ofiicIals were In
vOived In the conspiracy made II sal-
most impossible to obtain Justice by I
the ordinary methods. The State De-
partment referred the case to Ambas-
sador Clayton and he brought II to the
attention Of the Mexican government
and pressed 1t SO vigorously that he IS
now able to report that the conspira-
tors have been obliged to disgorge all
Of the money and securities they had
obtained by their fraudulent opera
tions.
The action OF General ChafYee In
reprimanding Captain Frederick s.
Wild, Thirteenth Infantry. upon the
sentence OF a court martial. has been
received at the War Department. Cap
tain Wild was in command at Lingay-
an, where cockpit WIS burned. two
soldiers Of the commission having been
previously stabbed In the cockpit. II
was generally understood that the
cockpit was burned by the soldiers In
revenge. 1t was brought out In the tes-
timony that Captain Wild had been re-
quested by the civil authorities 10 place
guard over the property after the
first attack, and failed to do SO. and n
second attempt at burning resulted In
its destruction. General .Chaffee, In
carrying out the sentence OF the court
said: "The necessity for this trial is
based on the intention to accentuate TO
the accused that the existing order to
give complete and unqualified support
to all branches OF the civil government
in these islands must be complied
with, and to show by example that
nothing short OF such support will be
accepted from officers on duty In this
division. Captain Wild's conduct is
but mildly punished by reprimand.' II
Is destructive to the very founde lions
Of discipline and when considered In
connection with the duty which de-
volved upon him, is In the highest de-
gree reprehenslble."
According TO present Indications very
few, II any. of the national guard or
ganiZations OF the various states will
participate In the proposed extensive
maneuvers OF the regular army at Fort
Riley, Kansas, the Inter part OF Sep
tember. Early In July Adjt. Gen. Cor
bin addressed letter to the governors
OF the various states and territories
calling attention to the proposed ma
neuvers and suggesting the desirabili-
ty Of the participation therein of the
national guard. A large number Of re-
plies have been received already Jut In
no single instance has there been
positive acceptance to participation.
Montana and Nebraska said thnt the
governors were absent and that no
formal action had been taken on the
Invitation. The governor of Iowa said
that the matter was still under cOnsid-
Grafton by the state authorities. Posi-
| tive declinatlOns 10 attend were re-
| ceived from the governors OF the fol-
| io,vino sta tes. Vermont New Iprspy