“1 a E E 1 EN 1N6 ‘ 1.1 1,2 M '1' E _ ,,,,, ; *. _. THETREASUHYREPORT Statement of the Nation’s Finances For the Last Fiscal Year. THE DEFICIT IS DECREASING It Is $25,203,246, Over $17,000,000 Less Than the Previous Year—Total Receipts From the Bond Sales \Vere‘ $294,- 164,295—0ur Stock of Money. WASHINGTON, Nov. 30.——The annual re port of Daniel N. Morgan, treasurer of the .United States, shows the net ordinary revr enues of the government during the fiscal year ending June 30 to have been 8326,- 976,200 and the expenditures $352,179,446, leaving a deficiency for the year of 825,- 203,246, or $17,601,977 less than. during the preceding fiscal year. The report shows that during the last fiscal year there was an increase of $7,863,- 134 in the receipts from customs, an in- crease of $3,341,192 from internal revenue sources, an increase of $2,479,622 from miscellaneous sources and a loss of $97, 823 from the sale of public lands, making the net increase in the receipts $13,586,125. The decrease in the expenditures amounted ‘ to $4, 015, S52. 1 rlhe report shows the total receipts from the first 850, 000, 000 loan of 1894 to have been $58,660,917; the second loan of 850,- 000,000 of 1894, $58,719,710; the loan of $62,315,400 for 1895, $65,428,056, and the $100,000,000 loan of 1896, $111,355,612. From the first loan there was realized $52,850,264 in gold coin and $5,810,420 in gold certificates; from the second loan, $53,651,188 in gold coin and $5,068,410 in gold certificates; from the third loan, 865,- 428,051 in gold coin, and from the fourth loan, $109,327,455 in gold coin and $2,- 026,810 in gold certificates. The total rc- ceipts from the several bond sales there- fore were $294,164,295. Referring to the condition of the treas- ury during the last year, the treasurer says: While the cash balance in the treasury has afforded a comfortable working fund and would have done so without augmenta- tion from loans, the gold reserve has been the cause of much concern and was main- tained only at the cost of a fresh issue of bonds and by the voluntary contributions of banks and financial institutions. The Gold Movement. With the exception of a brief period in the autumn of 1895 and another in the spring Of 1896, the ruling rates of foreign exchange were such throughout the year as to permit, if not to require, the export of gold. The movement began in volume the first week in August and continued, with a short interruption, till toward the end of January. At first the demands upon the treasury for gold were . limited to the wants of ex- porters, but in December considerable withdrawals began to be made by others, the amount incr1: sing during January and rising in Febru..ry, when heavy pay- ments were made into the treasury for bonds, to nearly 820, 000,000 for the month. Under this drain the reserve gradually sunk until Feb. 10, when it stood at 844,- 563,493. It was then rapidly built up from the proceeds of the sale of bonds and rose to $128,713,709 by March 31. After inconsiderable variations in the reserve during April the export of gold was re- sumed in May, and,£this movement, to- gether with the continued withdrawals not for export, again put in operation the process of depletion. There was an almost daily decline until July 23, when the official figures for the reserve were 889,669,975. At this point the bankers of the principal cities joined together in a movement of relief, the re- sult being that the banks and financial institutions deposited gold in. exchange for paper currency and restored the reserve to $110,782,403 by Aug. 4. After the dis- continuance of' these operations the free gold again declined gradually to $100, 975,- 561, where it stood on Sept. 1. In the latter half of August there oc- curred a favorable turn in foreign ex- change, which had the efiect, first, of checking the outflow of gold and later of setting in motion a rapid current in the opposite direction. In ordinary times and under ordinary circumstances there is a natural fbw of gold toward the treasury, which often is limited only by the capacity of the treas- ury to carry the specie. Fortunate indeed has it been for the treasury that even dur- ing the most critical periods through ‘ which the country has recently passed these currents of inflow have not been a1- together checked and that where their vol- ume has been materially diminished the loss has been made good by the assistance of financial institutions. Our Stock of Money. In the 15 months ending with Septem- ber last the withdrawals of gold from the treasury in redemption of United States notes and treasury no es amounted to the immense sum of 8192, 972 H205 while the net gains of gold from all sources attained a total of $98, 138, 902. The public debt outstanding Tune 30 is shown to have been 81, 769, 840, 323 and on June 30, 1895, $1, 676, 120, 983. According to the revised estimates of the department, the composition and dis- tribution of the monetary stock on June 30 was as follows: In treasury In circula- Kind. and mints. tion. Gold coin .............. $112,589,974 $454, 905,064 Gold bullion ........... 32,102,926 Silver dollars .......... 378,673,137 52116—904 Fractional silver coin. 15,767,056 60,204,451 SiIVer bullion. - ...... 120,933,958 1,032,565 Total metallic ......... $660,057,051 $568, 258,984 United States notes. ..$122,431,148 $224,249,868 Tree —ury notes of 1890. 34.638.033 95,045,847 National bank notes. . 10,832,425 215,168,122 Gold certificates ...... 620,070 42,198,119 Silver certificates ..... 11,962,313 330,657,191 Currency certificates. 320, 000 31, 890, 000 Total paper ........... $180. 803, 983 $939, —208, 547 Aggregate ............. $840, 871, 040 $1, 507, 467,531 The total stock therefore is $2,348,338,- 571 as compared with $2,399,704,688 on June 30,1895. Since the close of the fiscal year this loss has been fully recovered, chiefly by the importation of gold. The net proceeds of the national bank notes re- deemed during the year were $107, 891, 026, the largest amount for any like period in ten years and, with the exception of three years, the largest since 1879. The expense to the banks of redemption will be 81.12/ per 81, 000. I Prince Fuerstenberg Dead. BERLIN, Nov. 30. —-.Prince Charles Egon Marie von Fuerstenberg, the well known German sportsman and president of the ljury committee of the Berlin Jockey club, is dead. The prince was a member of the reichstag and the richest landowner in south Germany. THE E MPAItN IS OVER. MM is he TIM 1“ 111111111. Y. TRIBUNE. Both Pacers ‘Sent' to one Address To Subscribe for the AND for $1.00 a Year town of Beaver. in Utah. swap 13v LITTLE‘CHIEDREN. An Episode of an Indian Raid in Utah Nearly Thirty Years Ago. ‘ Robert F. Spearman, attorney for the Department of Justice, Washing- ton, is at the Albany. Mr. Spear- man has been engaged in the taking of testimony, on behalf of the govern- ment, in Indian‘depredation claims. “In taking testimony in these In- dian cases,” said Mr. Spearman, “I frequently hear some very interesting stories concerning early frontier life. I remember one case in particular. Which I thought to be one of the most remarkable exhibitions of cour- age, in an 8-year-old boy that I have ever heard of. It occurred near the A ranch in that vicinity was attacked by the Indians and one man who was‘visit- ing the ranchman was killed. and for a While it seemed as if the whole party, Wife and child r1111. would fall prey to the savages. The house was sur- rounded by the Indians and the peo- ple within defended themselves as best they coulrl. but the ranchman, watching his opportunity, lowered his little boy and his daughter, who was but 12 years rid. from the back win- dow and told them to try to make their way to,thc cafion and follow it down to Beaver, where they could obtain help. The two children suc- ceeded in reaching the caiion unob- served, and, with presence of mind and bravery which, I think, is re- unarkable for a. child of that age, the boy told his sister to follow down one side of the 01171011 and he would fol- low he other, so that in case the In- dians should 6111 one of them the other might not be observed. “The children succeeded in reach- ing Beaver. where a relief party was organized “111111 hastened to the'res- cue of the besieged party. At the be- ginning of the siege the Indians had heard the children in the house, and missing their voices the alert savages discovered that they had gone and endeavored to overtake them, but be- ing unsuccessful. and knowing that _ help would soon arrive, withdrew be- fore the rescuers could reach the ranch ”—Denver Republican. WHERE HARD T|_MES ARE UNKNOWN. Unbounde (1 S111 1- 1 ss of- the Mormons as a Business Community. The large profits of the Mormons as farmers financially are exhibited in the Atlantic Monthly for November by \Villiam E. Smythe, and the showing is remarkable. ‘In the 40 odd years since these people settled, virtually penniless. in Utah, they have expended $563,000,000 for the cost of m‘aintain- ing church and state, the two having been virtually one. All this, excepting $20,000,000 brought in by immigrants, was the product of farming by irriga- tion. Each Mormon farmer enjoyed an average income of $482 a year above the cost of living. Each has been com- pelled moreover .to give a tithe every year to the clinic-.11 Broadly speaking, all the farmers are proprietors and none tenants. The land in Salt Lake City was originally parcelled out in an ingenious manner, so that all should share. equally in its appreciation. Pro- fessional and business men received 11/4. acres apiece in the center; me- chanics five acres apiece a little far- ther out; then 10 to 20 acre lots to farmers. according to the size of their families. Water for irrigation, and other utilities‘were owned by the com. munity, each man holding shares ac- cording as be contributed labor to their construction. The farmers were taught to diversify crops and raise what they needed for themselves rather than specialize, and the consequence was a never-failing product and complete self-sufficiency. They have never felt “hard times.” Stores. factories, banks and indus- trial enterprises generally were con- ducted on the cooperative plan as joint stock companies. The famous Zion’s co-operative mercantile institution, which includes stores, a boot factory and other departments. has paid an average of 91-3 per cent dividends year- ly. The capital stock is now over a million dollars. VARIETIES. EIood once said of himself that it was only for his “livelihood” that he was “a lively Hood.” The wood of the pine- -tree is used for the sounding-boaids of pianofortes, as it does not warp under change of tem- perature or atmosphere. Only 70 years have elapsed since the first railway in the world was finished. During that comparatively brief period 400,000 miles have been constructed. the British Empire accounting for about a sixth. , . The reason why birds do: :ot fall off their perch when asleep is be’cause ' they cannot op en the foot when the leg is bent. Thus a hen while walking. must close its toes as it raises the foot, - and open them as it touches the ground. ' A bamboo church organ is reported to have been built at Shanghai, and it is said to surpaSS organs made of metal. As bamboo can be obtained of. all dimensions, from the thickness of a pen to pieces a foot in diameter, this ‘ natural wood cost’s little more than the simple labor, and the notes are—so Says the reports—beautifully soft and pleasant to the ear. There is at least one country in the world where it costs nothing to die. In some of the cantons of Switzerland all the dead, rich as well‘as poor, are buried at the public expense. Cofl‘ins ' and all other ordinary articles are furnished on applicationfio certain un- dertakers designated by the govern- ment. Everything connected with the interment is absolutely gratuitous, in- cluding the grave and the religious ser- vice. All classes avail themselves freely of the law. , Just hKecp'in'g iGame. ' Stories of noted gamblers were in order last night, 'when_ the following was told of the late Charley Perkins: Charley was playing seven-up with, a friend who 'knew, him very well, and Charley was not playing the s'quarest game in the wmld. His friend re- monstrated with him something as fol- lows: “Look here, Charley, you know you can beat me playing this game ‘shoes ' to place,’ and I don’t mind your win- ning my money 011 the square, but you can win it fast enough without cheat— ing ’9 “I couldn’t cheat you; I don’t know how. I wouldn’t if I could, and I couldn’t if I would.” Spades were trumps, and Perkins was the dealer, when his friend, 1'eaching across the table suddenly, grabbed his right hand and. turning it over, exposed the ace and'deuce of spades, which he was holding out in his capacious palm. ° “There! What do you call that if you’re not cheating, Charley?” “Did you think I was trying to cheat you ?” “It .looks like you were, doesn’t it?” “1Vell, now I begin to believe that you don’t know much about this game. I thought you knew seven-up pretty well, but now you don’t seem to know enough to pound sand.” ’ “Well, I know when I see a man hold- ing out, any way.” “I wasn’t holding out, you darn fool; I was keeping game. Don’t you see? You’re two and I’m one.” ' He (lndignantly)—I beg your pardon, miss, but I alWays keep my word. - She (complacently)—I can easily be-‘ lieve that, for no one would take it.- Washington Times. SOME FUNNY ANSWERS. Sent in Reply to a. Query in a. London ' Weekly. 'London “Answers” recently oflfered a prize‘ of one guinea for the best're- ply to the proposition: “If you change; who would you like to be?” Some of the answers are printed herewith: If I were not myself I would like to be some one who is my- exact counter- part, for I am happy and contented 1n my present condition, and what could. I wish more? What would suit me? Why, I would like to be an admiral of the Biitish fleet returning to Spithead af- ter the next great naval victory. Who would I be? My only son. He will become one of the greatest men of the day. Nothing can prevent it. He is handsome, plucky, athletic, has a superb voice; nothing is beyond him. His brain is of extraordinary power; in short, he takes after me in every detail. . My wife’s second husband. é Why? ' ‘1 : - «Because the married folks well know. . And all the single guess, To-day within our heaven below 1 «J - She makes true happiness, 5.17;:- The last took the prize. “J" '4 -———r—-————— . AI’T'wo-Story Street Car. ‘ The very latest improvement in the traffic line is the new double-decker observation street car which has just been invented by Charles L. Pullman,_ of Chicago. All indications point to its general adoption in large cities. It is safe to predict that the new car Will prove exceedingly popular with sight. seers, as well as with those who are fond of a smoke and a. breath of fresh air while in transit between their homes. and their places of business. ~~a..~fl, gaanuaaaaaaaadan 'fl; lea '1 ing to a radiator are self— ~ and6 conduct t 1c intensely C cleaning E? . room 11 gas against all parts of the 1 . . )3.) 1ad1ator, thus utilizing all products of combustion meut. .BARSTOW SIGVE (30., 228 Water 51., New York 631 ‘ Foundries—Providence, R. I. W@@@@@@W @VgrtiCal BA 21 Fines .1... Vertical flues ale svn onymous wii th economy,a11d economy in t 6 Bay State 15 consid- cred 11.1 6 very featuie of its develop- Consult your local dealer. £81 .5171 Boston Office—56 Union St. FEET £511 For the last 20 years We have kept Piso’ s Cure for Con- sumption in stock, and would sooner think a groceryman could lgft along without sugar in his store than we could without 1so’ s Cure. It is a sure seHer.—RAVEN &. CO., Druggists, Ceresco, Michigan, September 2,1896. Brooklyn Vault Light Company. MANUFACTURERS. VAULT LIGHTS. SKYllGH 111111111151111111111 1115111113. OFFICE. 481 BRIGGS AVENUE. BROOKLYN. N. Y.
Norwalk Chronicler