Crawfordsville Review, Crawfordsville, Montgomery County, 10 December 1892 — Page 4

2c4 .§

53

r" 3 X' S' S rt W rt

.._„ reuse over tlio

--rear Wo of:» I. VKO.'a /u l.ii«' vnI«o /ho product, and of $t, «.n~.»-0-•tnioui) of wages paid. iho ropoi of the Commissioner of /.nbor for tlie Mate or Ma^siichnsetts SIK.WJ that 3,7-Jfl industries tn flat .State paid £12*.*, 410.2 8 in wagm during the year JS91. against. In 18W, nil increaso of $3.335,'M5, and that thero was an increaso of $9,932.4! 0 in the amount of capital and of 7,346 in the numher of porsous employed in the sarno pe'riod.

During tho last six months oftho year 18J1, ana the iirst six months of 38 tithe total production of pig iron was 9.710,819 tons, as against 0.20 t.703 tons in tho year lb90, which was the largest annual production ever attained. For the sume twelvo months of J891-92 iho production of "besseiner ingots" was 8.b7d,rsi tons, an 'Increase of 189.710 gross tons ovor the previ u-ly unprecedented yearly production of H,oS8,87l gross tons, in 18V». Tho pro--duction of Brssemer fteel rails for thetirst six months of 1892 was Ti2,48! gross tons, .as against 703,080 gross tons during the lost six months of the year 1891.

OUR FOKICION TRAPE.

The total value of our foreign trrdo (export* and manufactures) during tho last tiscal year wns CIO. an'increase of$i2s,20:',(H 4 over the previous tiscal year. Tho average annual value of our imports and exports of merchandise for the ton fiscal year prior to 1*91, was $1,457,322,019. It will bo observed that our foreign trade for 1892 exceeded this annual averago value by ft00,: 5 ,391, an Increase of 27.47 percent. The signilicanco and value of this increase are shown by tho fact that the excess in the trade of 1892 over 169L was wholly in the value of oxports. for there was a decrease in t^o value of ox'ports of 1 .513,754.

The value of our exports during tlis fiscal year 1812 readied tho highest tlguro In 'the history of the Governmont. amounting •to *1,030.278,148, exceeding by $145,797,338 tho exports of 1801 and exceeding the value of the Imports by $202,875,686. A comparison of the valuo of our exports for 1892, with the annual averago for the ten years pWor to 1891. shows an excess of 1205,142,651, or of 34.C5 per cent. The value *of our imports of merchandise for 3892. which was 8829.402,402, also exceeded tho -annual averago value of the ten rears prior to 1891 by $i:-'5,21.'!,440. During tho tiscal year 1892 the value of imports free -of duty amounted to $457,9M,fl5*. the largest aggregate in tho history of our commerce. The value of the imroi ts of iner•chandiso so entered free of duty In 1S92 ^was r").3" per cont. of the total value ot

Imports, as compared with 43.35 per cont. In 1891, and 33.00 per cent, in 1810. T11K TNTEI5NAT, COMMHKCE. O In our coastwise \rado a most cncour''«nging development Is in progress, there iiaving been in the last four years an in•creaso oT lf per cent, in internal com•inercc. Thn statistics show that no such period of prosperity lias ever before oxtated, Tho freight curried in t.ho coastwise trade of tli! (in-at. Laltcs in 1*'. 0 aggregated 9 tons. On the Mississippi, Missouri and Ohio rivers and tributarlps in the same year the traffic aggregated L'O. OMOti tons, and tho total vessel tonnnpe pussing through tho Detroit river

In that year was 21.GSJ.00D tous. Tlio vessel tuuuugo entered and cleared iu the for-

fl

tl)«!

Siwfiiierieuii woilcmaii,

LYit tiin tn cvory va.9" such a rati) of duty /s to imposed as will bring the Treasury of MID united States tho largest returns of revenue. 'J'lio contention was not between schedules, but between principles, and it would be offensive to suggest that the prevailing party will not carry into legislation tho principles advocated by it and tho pledges given to the people. The tariff bills passed by tho House of Representatives at tho last session woro, as I suprned, even In tho minds of their promoters. inadequate, and justitied only by the fact'that the Senate and House of Representatives were not iu accord, and that a general rovision could not, thereforo, be undet taken.

I recommend that tho whole subject of tariff ievisiou be left to the incoming Concress. It is a matter of regret that this work roust bedelaved for at least three months, for the threat of great tariff changes introduces so much uncertainty that an amount, not easily estimated, of business inactlpn and of diminished production will necessarily result. It is possible. also, that this uncertainty may result in decreased rovenues from customs duties, for our merchants will make ciuUous orders for forolgn goods In view ot the prospect of tariff reduction, and tho unccr-, talnty as to when it will takeeffect.

Those who have advocated a protective tariff can well afford to have tholr disastrous forecasts of a change of policy disappointed. If a system of customs duties cau be framod that will set the Idle wheels and looms of .Europe in motion and crowd our warehouses with foroign mado goods aud at the same timo keep our own mills busy that will give us au increased participation in "the markets of tho wot Id" of a greater value than the home market that we surrender that will give increased work to foreign workmen upon products to be consumed by our people, 'Without diminishing theamonntof worlctobcdono liore: that will enable tho American man-? ufacturer to pay to his workmen from tifty to ono hundred per cent, more in wages than Is paid in the foreign mill and jet to compete In our market, and in foreign markets with the forolgn producer that will further reduce tho cost of articles of wear and food without reducing tho wages of those who produce them that rati be celebrated after its effects have been realized, as its expectation has boen, iu European as well as In American cities, tho authors and promoters of it will be entitled to tho highest praise. Wo have had In our history several experiences of the contrast effects of a revenue and protective tariff: but this generation has not felt,them, and iho experlenco orono generation is not highly Instructive to tho next. The friends of tho protective system with undiminished confidence in tho principles they have advocated, will await tho rostiHs of tho now experiment.

Tho strained and too often disturbed relations existing between the employes and tho employers in our great manufac-' turing o-tabllshments have uot been vory favorable to a calm consideration by the wage earner of tlio offect upon wages of tho protective system. The fact that his wages wore the highest paid in liko callings in tho world and thatmalntenance of this rate of wage3 in tho absenco of the protective duties upon the product of his labor was obscured by tho passions evoked by the contests. He may now bo able to •review

the

question

In the light of hia

arbitration, nod

li vlgorous"oiTort was made during this season to drive out all poaching in tho liering sea. Six naval vessels, three rnv» onuo cutters and one ycss'el from the tish commission, all undor the command of Commauder Evans, of the Navy, wore sont into the sea, which was systematically patrolled. Somo seizure was made and ft is believed that tho poaching amounted to less than tive hundred seals, ft is true, however, that in the north Pacific, while the seal herds were on their way to tho pusses between the Aloutin islands, a very large number, probably 35,000, was taken. The existing statutes of tho United States do not restrain our citizens from taking soals in the Pacific ocean, and perhaps should not, unless the prohibition can bo extended to the citizens of other nations. I recommend that power be given to tlio Presldont, by proclamation. to prohibit the taking of seals in the uoithorn Pacific by American vessels in casoeithor, as tho result of the findings of tho tribunal of arbitration or otherwise, tho restraints can bo applied to the ves eels'of all countries. Tho caso of tho United States foi tho tribunal of arblt.ra tion has been prepared with great care and industry by the Hon. John VV. Foster. and tho counsel who ropresent tills Go\ orninont express confidence that result substantially establishing our claims and preserving this groat industry for tlio benefit of all nations will will boattainud.

There Is no disposition on tho part oi tho people or Government of the United States to Interfere in the smallest, degree with tho political relations of Canada. That question is wholly with her own people. It is time for us, however, to consider whether, if tho presont sto.t.e of things and trend of things Is to'continue. our interchanges upon lines of laud transportation should not he put upon a different basis, and our entire independence of Canadian canals and of the St. Lawrence as an outlet to the sea seen red by the con struction of au American canal around tho falls ot Niagara and tho oponing of ship communication between' the Great Lakes and one of our own soaports. We should not hesitate to avail ourselves of our great natural trado advantages. Wo should withdraw the support which is given io the railroads and steamship lines of Canada by a traffic that properly belongs to us. nnd no longer furiiish tho earnings which lighten the otherwino crushing weight of tlio enormous public subsidies that have beon given to them. Tho subject of the power of the Treasury to deal with this matter without furthor legislation has been under consideration, but circumstances have postponed a conclusion. It Is probable that a consideration of tho propriety of a modification or abrogation of tho article of tho treaty of Washington, relating to the transit of goods In bond is involved in any comjjlcte solution of the question.

MONEY AND THE REVENUE. W Congress has already been advised that the invitations of this'government for the assembling of an International monetary confer ?nce to consider tho question of an enlarged use of silver wero accepted by the nations to which they were addressed. Tho conference assembled at llrussels on the 22d of November and has entered upon the consideration of this great quastion. 1 hare not doubted, and haye taken occasion to express that belief, In the invitations Issued for this conference, as well as in

my public

messages, that the free coin-

H»(l fro

111

tills UR-

grcgutii ihero must ho deducted, us stated by tlio Secretary, about £44.0X1,090 of OdLi— mated unexpeudoa appropriations.

Tho public confidence In the purpose and ability of the Government to maiu tain the parity of all our mouey issuos, whether coin or paper, niust remain unshaken. Tho demand lor gold In Kurope and tho consequent calls upon its aro, in a considerable degreo, tho result of tho efforts of somo of tho European Governments to increaso their gold reserves, and these efforts should be tuet by appropriations upon our part. The conditions that liavo created this drain of tbo treasury gold aro, in an important degree, political and not commercial, in view of the fact that a general revision of our revenue laws in the noar future F.ecms probable, it would be better that any changes should bo a part of that revision rather than of a temporary nature.

During tho lust tiscal year the Secretary purchased under the act of July 14,18o0, ri,:i3"),743 ounces of silver, and Issued In payment thereof $51,l0),6lS iu notes. Tho total purchases since the passage of tin act have beon 120,179,981 ounces, und the aggregate of notes issued $.16,783,.W. The averago price paid lor .silver during tho year was 91 ccn por ounce, tho highest prue being $i.O-^, July 1, lMJl, and tho lowest 83 cents, March 21. 1892. In view of the fact that the monetary conference is now silting, and that no conclusion has yet beet: reached, I withhold any reconn inundation us to legislation upon this sub-, je-'t.

OTHER RECOMMENDATION'S.

'J'hosubject of quarantine regulations, inspection und control was brought suddeuly to my attention by tho arrival at our ports iu August last of vessels infcctod with cholera. Quariintino regulations should be uniform at all our ports. Under the constitution they are plainly within! tho exclusive Federal jurisdiction, wheal r.nd so far as Congress shall leglslute. In! my opinion tho whole subj(c'. should bo, takeu into national control, and adequate power given to the Executive to protect, our people against plugu* Invasion*. On the 1st of September last approved rogulitions establishing a twenty days' quarantine for all vessel bringing emmigrants from foreign ports. This ordor will bo continued iu forco. Some loss and suffering have resulted to passengers, but duo caro of the homes our peoplo justifies in such cases the utmost precaution. Thero Is danger that with the coming of spring choloni will again appour, and a liberal appropriation should be made at this session to enablo our quarantine nnd post officers to exclude the deadly plagtto.

But the most cureful and stringent, quarantine regulations may not be sufficient absolutely to oxcludo the disease. The progress of medical and sanitary science has been such, however, that if approved precautions are taken at once to put all of our ci tics and towns iu the best sanitary condition, aud a p'ovision Is made for isolation of uny sporadic cases and for a thorough (li*iurcc:ion. au epidemic can, 1 am sure, bo avoided. Tills work appertains to the local authorities and their responsibility, and tho penalty will bo appalling if it is neglected or unduly delayed.

IMMIGRATION STIOTTLT) RE RESTICTEP, We aro peculiarly subject. In our great ports to the spread of the infectious dis» easos by reason of tho fact that unrestrlct-

I immigration brings to us out of European cities iu the ovor crowded stuorages of

5"or mn. Over 40,o.o,ooo

pounds of Inspected pork liavo been oxported stneo the law was pi\t Into operation, aud a'comparison of thefour months of May, Juno, July and August, 1892 with the same months of 1891 shows an increase tn tho number of pounds of our export of pork products of 62 per "ent„ and au Incroaso in value of 6% per cent. The exports of drcsseu beef Increased from 137,901,000 pounds in 1880 to.250,0:0,000 pounds in 1893, or about 6) per cout. During the past year thero have been ox ported 384,607 head of live cattle, as against 20.1,2£6 exported in 1889. Tills increased exportation has been largely promoted by the inspection authorized by law and tho faithful efforts of the Socro» t.ary and his efficient subordinates to make that inspection thorough and to carofnlly exclude from all cargoos diseased or sus» pec tod cattle.

THE M.ATTEIL OF PENSIONS.

Tho report of tho Commissioner of Pensionsto which extended notice Is given by tho Secretary of the Interior in his report, will attract great attsntfen. Judged by tho aggregate umount oi work done the last year, It h»s been the greatest la the history of the office. I believe that the organization of the ottlce is efltcient. and that the work has boen done with fidelity. The puisago of what Is known as the dtuaMltty bill has. as was foreseen, very largely 'ncreasod the annual disbursments to the disabled veterans oi the olvil war. The estimate of tbls fiscal year was $154,937,uOl), and that umount wus appropriated. A deSconcy, nmr.antlng to $I0.U«.H31. must be provided for ut this session, Tho estimate for pension* for tho nsc jl year, en tin? June 3D. 1601, is 1CG 'XX).UUJ. The Commissioner o.' Penxlons believes that if the present legislation and methods are maintained and further additions to tho penMen laws are not made the maximum expenditure for pensions will be reached June 3). ISM, and will be at the highest point—$188,003,000 per annum. I adhere to tho viow exprcst'sed iu previous messages that the care of tho disabled soldiers of tho War of the Rebellion is a matter of national concern and duty. Perhaos no emotion cools tooncr than that of gratitude, but 1 cannot believe that this process has yet reached a {joint with our people that would sustain the policy of remit ting tho care of these disable'! veterans to the inadequate agencies provided by locollaws.

The parade oa th" S th of September l*«t upon tho streets of ttiis capital of i0,00J of tho surviving Union veterans of the war of the rebellion was a most touching and thrilling episode, and iho rich ana gracious wnlcome extended to them by tlio District of Columbia and the uppiausn ilia!.groeteJ their progross from, tous of lliou-iiuiHs of ople from all the Statos of t.ho Union did much to rovlvo tlm recw ol'oi't OIH of the grand review, when thes*. nun. and many thousands of others now in their graves, were welcomed with grato'ul joy as victors in a struggle in which t.ho Nationnl unity, hotiur and wealth wero all as issue.

THE PURPOSE OP THE MESSAGE. This eahibit of the work or the Kxecutlve Dopurtments Is submitted to Congress anil tho public in the hope that there will bo found in it a duo sense of responsibility and an earnest purpose to maintain the national honor nnd to promote tho haopiness and protperlty of all our people. And thif bripf exhibit of the growth and prospeHty of the country will give us a level form which to nolo Increase or decadenco. that now legUlutivn politics may brin? tliu. Therf i«no reason wh- tlie nationnl inHiienco, pew rani i:r.i!-p t'y shoul'l not tcrve the same rates oi intense that liave characterized the past thirty year*. We carry the great lmpu:aoand inr.reane of those years into the future. Thero is no rca'jon why. in many lines of the production wo should not surpass ail other nation*, as wo Jmvo alroady dono in some. Thc-c are.no near frontiers to our oossiblo Cevc!' icnt. RAtro^rnssions w-"!d eri IIENJAMI.V/II uutsoV.

Executive M-.son Washington, W C., l*ecorabcr 0,1332.'

iio~vlc!C-, ...owed cltur headed SerceptloD in availing himself oi the con* itlon of the country from then, previous to and throughout tho war,to his personal enrichment. Ho become a millionaire during the war. When he entered Into the railroad business in connection With tue Erie, that corporation owed him fonr million dollars. With his skillful handling of Erie stock began his greatness as a railroad king. To detail Mr. (Mould's operations in Cloveland fc Pittsburg stock. Ills gigantic investments in Union Pacific, his dealings in the stock of Wabash.Kansas & Texas and other roads, would be a tedious task, were it practicable.

Mr. Gould's wlfo Is dead. Ho marrlad Miss Ellen Miller, daughter of a wallknown Now York merchant. He hnssevi eral childron, of whom the eldest, George J., is in business on Wall street. The ilrm of which young Gould Is a member started in business with a capital of Sl,000,0C0, as is reported, of which he wu provided with one-half by his fatnar. Mr. Gould loved his homo, which, wheto* er made in his mansion in Mew York or at his country seat, Lyndhurst-on-the-Hud-son, Is as refined and elegant as wealth aud cultivated tasto can make it. Ban books, works of art and curiosities Abound In the wealth of his personal possessions. He bought his country seat at Irvlngton for f255,000. It is now worth about half a million. Noarlv two years ago. the conservatorv, valu :d at $200,000, Including the plants, was almost destroyed by firo. Jay Gould was fond of solitary rldss on horseback. Outside of this his onjoyments were Indoors, and those of the fathcr 9:^ student.

His appearance was roraarkablo not* withstacding that ho was a small, light man, not weighing over 120 pounds probabiy. He had a swarthy complexion, well made foatures, and a pair of black eyes whose searching glance Is not soon forgotten. His manner was quiet, gentle and courtoous. and an admirer remarks on the "candid and humorous Intonation of his voice." Mr. Gould had many admirers and detractors, as a matter o3 course.

His

onemles allege that he

Is

un­

scrupulous, and claim that the disasters of "Black Friday," the dark day of September, 18R9. were attributable to his schemes. Nobody accuses him of quarrelsomcncss. He loyes retirement and peace hut had the courage nocessary to vast undertakings while wanting in physical self assertion.

An apocryphal story Is told at tho expense of his veracity. A speculator In a small way of business got points from Mr. Gould which, excepting on one occasion, ho Invariably reversed and inado monoy every time by going contrary to his advlser's lnstructions. On ono'occasion, however, he took tho giant financier at hia word, and was almost ruined by doing so. Mr. Gould was a man who gave liberally wlthoutostontatlon. widow oftho iate .Tames FIsk has publicly stated h»r obligations to him for friendly generosities. The Grant fund Included 535,000 received from Mr. Gould, whoso largo benefactions to tho yellow fever sufferers of Memphis and to the needy frontier farmers of Kansas are romembored by readora of the newspapers.

The salary of the Prince of Wales is $200,000 per year Duke of Connaught, 5125,000 Duke of Edinburgh, $125,000, and thoDukeof Cambridge, the Queen's cousin, $60,000. The royal family costs tho British tax* payers $40,000 a week^