Surplus Dwindles as Bond Purchases Rise in Early 1890s
In Washington the Treasury shows a growing surplus despite bond purchases by the current administration. At week’s end the Treasury surplus reached 60.6 million dollars, with 20.7 million in fractional silver and 25.2 million on deposit with banks. Customs receipts surge then fall as the new tariff raises and lowers revenue. Windom may call for 4 1/4 per cent bonds to redeem notes maturing next September, while concerns rise over pension costs and potential treasury shortages later in the year.
MENTIONED IN THIS ARTICLE
WaAsa Hindon
Stredau
Treasury
Windom
Congress
How Protection Works in Germany in 1889
The German protection policy yields mixed results as demand grows for higher duties. Consul Merritt reports Saxony’s hand labor industries near ruin unless tariffs rise, with a petition seeking steep increases on pearl buttons to shield home makers. Consul Warner notes Germany ran a large import surplus in 1889, a sharp rise from 1886 1887 and 1888 trends.
MENTIONED IN THIS ARTICLE
Germany
Henry F. Merritt
Chenminitz
Saxony
Warner
Cologne
Interpretation of Tariff Law Section 50 Referred to Hepburn
The interpretation of Section 50 of the new tariff act regarding goods imported before October 6 has been referred to Colonel Hepburn, Treasury solicitor, who will draft a comprehensive opinion. Hepburn, a firm tariff proponent, may view Section 50 as favoring bonded goods rather than widening burdens for those imported under the old law.
MENTIONED IN THIS ARTICLE
Colonel Hepburn
the Treasury
Hepburn
Erhardt
Comte de Paris Honored by U S Leaders in Washington
The Comte de Paris and Duc d Orléans visited Washington on October 7 meeting General Schofield in the War Department Luncheon at Arlington Hotel followed by a stroll to see changes since he once lived here A Metropolitan Club dinner was hosted by General Schofield with a large list of guests The count plans to visit Arlington Cemetery and depart for Richmond Virginia at 5 PM tomorrow
MENTIONED IN THIS ARTICLE
Washington
Comte de Paris
Philadelphia
General Schofield
Arlington Hotel
Comte
Duc d’Orleans
War Department
Count
Schofield
Metropolitan Club
Pt Rusk
Duc d’Uzes
Butterfield
Vincent
d’Haussonville
Howard
Noble
Casey
Breckinridge
Ee Morhain
Coppinger
Franklin
Rosecrans
Recamier
Parke
Augur
Wright
de Parseval
McKeever
Nicholson
Marquis de Lasteyrie
Arlington Cemetery
Richmond
Market dull with modest London buying and check certification debate
New York trading shows little feature of interest while London and heavy interests buy modestly. In Boston the talk centered on certification of checks over 1000 dollars, with Brown Riley Co advocating a flexible cap around 5000 dollars. Opinions split on whether such rules help legitimate business, and some traders fear hardship on smaller margin deals.
MENTIONED IN THIS ARTICLE
New York
London
The
Exchange
Messrs. Brown, Riley & Co
Brown
Boston
Opium Smuggling and the Chinese Labor Issue in Seattle
A Seattle dispatch explores opium smuggling from Victoria and Vancouver to Seattle and Tacoma, noting high U S duties and free English ports. It portrays dens as heavily populated by white users, with police corruption and docks as routes, then argues retributive justice for past opium trades and discusses “Chinese problem” politics, protection of home industry, and views on Mongolian workers as labor saving machines.
MENTIONED IN THIS ARTICLE
San Franncisco
Victoria
Vancouver
B. C
Seattle
Tacoma
San Francisco
New York
London
Whitechapel
Custom House
Portland
Patna
Benares
China
Bock Springs
Pacific Slope
Puget Sound
Bellingham Bay
United States
Scheme
Whatcome
Fairhaven
Importation ban on Chinese labor praised as societal comfort
A fragment notes that a faction branded the exclusion of Chinese workers as desirable for the public good and would welcome their recruitment if policy shifted, asserting the labor would serve society’s comfort and convenience.
MENTIONED IN THIS ARTICLE
J.C
Campaign Documents From the Republican Committee Exposed
The Newark Evening Post reports on two campaign pamphlets sent by Congressman Belden, head of the Republican Congressional Committee. It notes forged quotations and missing dates, praising the party while slyly mixing false extracts with genuine quotes to mislead editors and readers.
MENTIONED IN THIS ARTICLE
N. ¥. Evening Post
Belden
Republican Congressional Committee
Madison Place
Lafayette Square
Washington, D. C
Committee
Republican Party
Republican Congress
Republican
J.J. Belden
Lincoln
Grant
Pension Granted in Murdock Case for 66th New York
Assistant Secretary Bussey reverses earlier denial and approves Edward P. Murdock a pension claim filed Oct 17 1878. He alleged a stab wound on provost duty while with Company H. Affidavits support line of duty and injury not self inflicted.
MENTIONED IN THIS ARTICLE
Washington
Bussey
Edward P. Murdock
New York Volunteers
Leonard & Co Carpets Today at 3 P.M
A brief stock and trade notice lists Leonard and Co offering carpets at 3 p.m. today along with scheduled times for R. L. Day & Co at 11:30 a.m. Henshaw & Co at noon and Horatio Harris & Co at 10 a.m. all reflecting a busy market day.
MENTIONED IN THIS ARTICLE
Leonard & Co
Stocks—R. L. Day & Co
Stocks—Henshaw & Co
Horatio Harris & Co
Son Born to Dr and Mrs Paine at Westboro Mass
A son, Nathaniel Emmons, was born to Dr. and Mrs. N. E. Paine in Westboro Massachusetts on October 1, 1890.
MENTIONED IN THIS ARTICLE
Massachusetts
Melrose
Plymouth
Everett
Peabody
Rhode Island
Central Falls
Westboro, Mass
Nathaniel Emmons
N. E. Paine
Obituaries and Marriages Notices List
In this city Oct 2 Dana Ayer to Susan Witherspoon. Oct by Rev Twombly. William Jackson to Dora Kimball. East Boston Oct 2 John Phillips to Jennie Peterson. Dorchester Oct 6 Eliza Kelley 52. Neponset Oct 7 Clarence FE Mattatall 20. Salem Oct 6 George W Pease. This city Oct 6 Ada ERP Phillips 41. South Boston Oct 6 Edward Reagan 54. Highlands Oct 6 Julia Wilson 25. This city Oct 6 Carrie Walker 43.
MENTIONED IN THIS ARTICLE
Kelley
Dorchester
Eliza
Michael Kelley
Mattatall
Neponset
Clarence FE
Pease
Salem
George W. Pease
Phillips
Ada Wason
Reagan
South Boston
Edward Reagan
Wilson
Highlands
Julia Wilson
Walker
This City
Carrie M
James G. Walker
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GEO
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