The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1906-12-21

the fact that under existing articles
for the government Of the navy ne
had no longer authority to dismiss an
officer in time Of peace except through
q court martial sentence and that ever
IL war his rights subject 70 re.
view on appeal, referring to asrecent
case where. IN. officer who was Known
to have behaved i%ndecently was not
dismissed by the court martial Tne
president thinks he should have the
authority to dismiss any officer whom
he thinks unworthy to remain In the
service. and that the danger OF its
being abused Is outweighed by otner
considerations.
The Governments Finances.
The report Of Secretary of the Treas
sry Shaw discloses a large increase IN
the national revenue. the total receipts
having been $762. 1885, 04, while the TO
tai expenditure amounted to $736.7l1,-
5s2. leaving a surplus for the fiscal
year Of $25.6G9,322. Notwithstanding
the issue of Panama bonds, the pubic
debt on Nov. / vas 1926, 159,25O, 0
two-thirds of which was held in trust
as security for circulating bank notes.
As compared with the preceding year
the receipts increased $65.285.634, while
the expenditure increased only Slo'-
612,O83. BY Oct. IS the gold In the
treasury had increased to $s71,s93'S99'
the largest amount w held. The vol
ume Of national bank notes increased
$65, 1892, 55554. During the year ending
Sept. 80 $50 national banks were char
tered, of which 800 started with $40
600 capital and 141 with $4,000 Or
over.
Many of these were made over from
state or private banks. There were
4S8 national bank failures, and LIS
were placed in voluntary liquidation.
Total number Of banks now chartered
is 6,1S7. The year shows the largest
custom receipts in the history of the
country, over $3O0,OO0.0O0 having been
collected at the various duty ports.
The secretary tells how, encouraged by
his offer Of deposits equal to the
amount Of gold engaged abroad, about
$5O,OOO,OOO in gold bullion had been
brought from Europe. Australia and
South Africa without expense to the
government and without profit to the
banks, but with benefit to the business
interests which were in need of money.
The report again advocates the issu-
ance Of credit currency and opposes
the central bank plan for returning
money into circulation.
Ambassador Mccormick Quits.
It was announced ut Washington
that Robert S. Mccormick. ambassa-
dor to France. would reti:e from the
diplomatic service in Il few weeks and
that Henry White, ambassador to It,
ally. would be transferred to Paris. 1t
is understood that Mccormick. retire
ment is due to his outspoken sympathy
for the Russians during the war with
Japan. when he was ambassador at
st. Petersburg. Lloyd G. Griscom, am
bassador to Brazil, will be sent to
Rome, and Charles P. Bryan minister
to Portugal, will be promoted as am
bassador to Brazil.
More incubation Deaths.
Two more of the tw~enty-four prison
ers at Bilibid, Philippines, who were
inocu1ated with plague germs in the
course Of experiments with antichol-
era serum have died, making the num-
Der twelve. The matter has caused
great bitterness among the Philippine
population. 1t is supposed that tubes
containing plague germs and others
filed with serum had become mixed.
Navy Costs s1.a3 Per Capita.
Secretary Of the Navy Bonaparte in
his annual report pleads for a greater
naval power and takes pains to figure
out the pecuniary burden which the
maintenance of u present navy i'm
poses on each inhabitant Of the United
States. Basing his estimate at one
third the amount borne by each Brit
ish subject, he figures that the cost of
u navy amounts to $1.33 a year for
each %inhabitant and that about. six
men out of every 10000 are bound to
do naval service. This year he asks
for two 10000 ton battleships, two
scout cruisers and four d%estroyers.
r ELIGIO US