Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1902-11-22


| -~~~~~~~~-~~~
The monthly statement of the public
debt shows that at the close of business
Oct. 81, 1902, the debt, less cash in treas
ury, amounted to $o5S, 507, 721. The debt
proper was decreased through the pur-
chase of bonds by $14, 739, 6S2, and the
cash on hand also shows a decrease for
the month of S14,S31,51 The debt is
| recapitulated as follows: Interest-b bearing
debt, S915, .23O; debt on which inter-
| est has ceased since maturity, S1,250,-
| S2O; debt bearing no interest, $39S, 302,-
$40. Total $1,314 929, 500. This amount,
| however, does not include $500, 316, 069 in
| certificates and treasury notes outstand
| ing which are offset by an equal amount
| of cash on hand held for their redemp-
| ton. The cash in the treasury is classi-
| fed as follows: Gold reserve, $3.50, 000,-
00O trust funds, $S60,316,569; general
| fund, $145, 4al, Ill. In national bank de-
| positories, $146,SS5, 012. Total, $1,302,-
695, 1853, against which there are demand
liabilities outstanding amounting to $946,-
273,S75, which leaves Il cash balance on
hand of 1856, 421 ,S7S.
| Most of the cannon balls fired by the
| British in the assault upon the national
capital in 1912 were loaded with parch-
ment This interesting discovery was
| made the other day when a workman en-
| gagged in the construction of a new road
| on the outskirts of the city unearthed one.
| 1t was carefully cleaned and an inquisi-
| tive man with penknife, sought to dis
cover whether the powder in the shell
| was in good condition. He was rewarded
| by finding concealed warning message
written by "Timson Howard, mate of
| the American merchantmen General
| Stone and victim of the British press
| gang" who, patriot, had been Impress
| ed into the British service, and in his
novel way attempted to disclose to the
| defenders of the national capital the
plans of the invaders. He placed copies
| in a number of shells, but this one seems
the first to have been discovered.
Projects for the defense of the great
lakes and the st. Lawrence river ere
under the consideration of the War De-
partment. 1t is planned that eventually
strong Notifications shall guard the nu-
merous important cities on these inland
seas. Gen. Gillespie, chief of engineers
of the army, and board of engineer off
GERS last summer made n tour of the
great lakes and carefully considered their
defense They went from the Straits of
Mackinac down Lake Michigan to Chi
cago. The straits connect Lakes Huron
and Michigan and are wholly within the
jurisdiction of the United States, a valua-
bic strategic position, to which, however,
there is an easy approach from the Ca
madam side With the straits strongly
fortified it would be difficult matter for
a feet to enter Lake Michigan.
-
The number of visitors at the Con-
gressonal Library during the month of
October was larger than during any other
month since the library opened, according
! to records kept by Bernard Green, super
| inteudent In the thirty days com
| prising the month 2S3, 500 people passed
through the big building, making a daily
average of 9,146. The largest on any one
day during October was on Tuesday, the
day before the parade of the old soldiers
The record month for visitors up TO this
time was March, 1901. The number was
21S,476 and the daily average S,092.
The largest attendance in any one day
in the history of the library was on
March 4, 1901, the day o. the inaugural
ton of President Mckinley for his sec
ond term. During the day 72,502 visitors
were counted
-
The monthly comparative statement of
the government receipts and expenditures
shows that for the month of October the
total receipts were SOL ,391 ,262, and the
expenditures $469O4,960, leaving sur
plus for the month of 81, 4S7 900. The
surplus for the corresponding month last
year was $9,200,000. The receipts from
the seevral sources of revenue are given
as follows: Customs, $26, TAI, 700, increase
$3,3O0000; internal revenue, S2O,4I6,9l2,
decrease 100000; miscellaneous, So
IL, CAS- increase $1,20O000. For The
four months of the present fiscal year the
receipts have exceeded the expenditures
by 100000. One year ago the receipts
for the corresponding months exceeded
the expenditures by $27 100000.
-:
The monthly circulation statement is
sued by the Comptroller of the Currency
shows that at the close of business Oct
81. 1902, the total circulation of national
banks was $3.50, 476,334, an increase for
the year of $20,564,G51, and an increase
for the month of S13, 4S2, 1856. The circu
lation based on United States bonds
amounted to 1886, 1873, 1S9, an increase for
the wear of 81 5S4,575, and an increase for
the month of 81 ,940,04a. The circula-
ton secured by lawful money aggregat-
ed S44, G93. 145, an increaae for the year
of S12 ,9S0,076, and an Increase for the
month of 1912 SOL. Tie amount OF
United States registered bonds on de-
post to secure circulation was $685., 49,
GO, and to secure public deposits $l49.-
216920. -
Colombia's response to the American
proposals for an isthmus canal treaty
was received at the State Department.
While friendly and dignified in tone, it is
not an unqualified acceptance of the
terms of the treaty outlined by the
Spooner act, and unquestionably sets
back the date of final agreement by open
ing up new topics of argument. The
communication from Colombia has been
held by the Colombian minister, Concha,
at Washington, who took the position
that recent changes in his home govern
ment necessitate his waiting for further
instructions. This action caused Secre-
tary Hay to demand an immediate reply
from the authorities at Bogota.