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Show JS -- V; , WASHINGTON (FROM OUR REGULAR LETTER. CORRESPONDENT) Washington, Aug. 24 th, THE GREAT PEIL, 388. Senator Beck has offered as an amendment to the House tariff' bill, an additional section suspending until further orders of Congress all laws relating to ONE HUNDRDD AND THIRTY-TWIN THE MILLION "SURPLUS the sinking fund, It was referied to the TREASURY OF THE finance committee. He also introduced UNITED STATES. a bill to repeal all laws relating to the lie it on and the asked that fund, sinking table until he could see what would beOffice ofltARW Fisk & Son. come ol his amendment to the tariff bill. Banking No. 28 Nassau Street. New York, Senator Reagan has introduced a subAug. 23d, 18S8, stitute lor his bill to define trusts and to Editor Efsign: The last statement issued by Jas. W. punish parsons connected with them. Treasurer of the United States, Hyatt, The substitute is substantially the same under date of July 3t, 1888, gives the as the original bill. ' Surplus then in his hands as Treasurer So many reports have been circulated including the fractional silver coin, as about the condition of the government J32.5 7.751.55-Ifinances for the current fiscal year, that adition to this amount, by the same he Treasury Department has issued statement, he held; 9,064,850.53 to cover accrued interan official statement showing the total est on bonds, amount of the appropriations made, and 43,607,795.30 to meet Disbursing offthose now peuding in both House and icers balances, etc., etc. 96,740 339.38 "for redemption of notes Senate bills and amendments; also etc. statement of the estimated income of ot National Banks failed, reserve for redemp$100,000,000.00 the government from all sources. The tion of United States Notes. In short, the Treasurer of the United appropriations, as passed by the House, amount to 412,603,153; as passed by the States had iu his custody on that date in Senate, 425,870, 514, The estimated re- money, 732,775,52776, ceipts for the year ending June 30, 1889 been issued gold, which had amount to 440, 563,734. According to against certificates to and ver tender legal if this statement, the Senate appropriaamount ot tion bills are accepted, the surplus will 350,844,791-00- , be 14,693,220; and if those of the 381,930,736.76 in his hands, of House, the surplus will be 26,950,581. leaving which $132,500,000 is clear Surplu is It safe to say that the appropriations This does not seem right, especially as of neither House will be accepted wholly the United States Government had outby the other. There will be comprom- standing on that date ises on both sides, so that the surplus is $1,014,138,142.00 debt on over a thousand likely to be a very small one, even if it exists at all, for there is already a falling millions of which it is paying interest at annum. off in the estimated receipts from cus' four to six per cent, per The Secretary of the Treasury has full which duties toms amounts to 3,000,000 authority in his hands, under Acts of Should this keep up, the receipts woulc Congress, to purchase of these interest be something like 18,000,000 below the bearing bonds and stop the interest estimates at the end of the fiscal year, running longer on all so purchased up to the extent of the "Surplus. This state of affairs seems to be worrying Plenty of bonds can be had to save the the politicians on both sides consider Government two per cent, per annum for the years they may have to run. bly. It has upset their calculations. Since the Secretary of the Treasury Senator Edmuds has informed the rep commenced to purchase with the surplus ublican national committee that he will money in April last, he has, by ofhciai not be able to take anv active part in the campaign this year. This action is said to have been taken on account of bac 1 interest-bearin- health. The Senate committee on pensions have reported a substitute for the bill pensioning Mrs. Sheridan, which re duces the amount from 5,000, to 3,500 a year. There are indications that the republi cans of the House are preparing for dead-locbecause the democrats refuse to agree to set aside a day for the con' sideration of the Dependent and other pension bills. The republicans of the Senate have rejected the fisheries treaty, the country will now anxiously await Mr. Clevelands action under the "Retaliation act, about which we heard so much while the discussion of the treaty was going on. It gives Mr. Cleveland great power, and it is certainly to be hoped that it will not be abused. In these days of harsh political debates in House and Senate, it is a pleasure to notea graceful and courteous act by one Senator towards another of the opposition party. Senator Hoar as acting presiding officer of the Senate, was called upon to appoint a conference committee upon a private bill. The bill had been reported by Mr. Hoar, and according to all Senatorial usages he should have been appointed one of the conferees. Thinking it indelicate to appoint himself, Mr. Hoar appointed three other Senators one of whom was Senator Harris. Mr. Harris immediately rose and made a motion that the gentleman from Tennessee (himselt) be excused, and that the occupant of the chair (Mr. Hoar) be substituted. He then, to save Mr. Hoar the em- barrassment of putting the question, put it himself from where he stood and declared it unanimously carried. Senator Morgan calls Mr Blaine the Chief humbug of the age. What Mr. Blaine calls Senator Morgan has not been ascertained. Republicans in Congress did not find much to admire in Mr. Blaines speech on trusts. It pleased the democrats so much that they are Continually referring to it. The most careful men make a bad break occassionally. Many interesting things, in a political way have been going on here this week. We have had visits from the chairmen of both national campaign committees, and doubtless many combinations have been made which will have more or less effect on the coming election. Hamburg Figs medicated are a crystallized fruit Cathartic. Hamburg Figs are a discovery of the greatest interest to the medical profession. Hamburg Figs are a boon to every household. Hamburg Figs are a most delicious laxatixe, or purgative, prepared from fruit and vegetables. Hamburg Figs are so perfectly harmless that they may be administered with entire safety to an infant. Hamburg Figs are so efficacious to adults that a single dose will prove their value. Hamburg Figs are so elegantly prepared that they need only to be presented to the public to become a necessity in every household throughout the land. Hamburgs Figs, 25 cents a box. Dose, one Fig. n g statements from the Department at ment bonds, we do not hesitate to give Washington, purchased, up to August our opinion that the Government could .invest the whole surplus of 132,500,000 21st. to save on the average two per cent, for $33,6oi 150 each year the bonds have to run, and Fours and Fout-and-- a halfs, on which he this is exactly two per cent. Der annum has made a saving to the people in fu- better than the government is getting on its large balances lying in the Treasury ture interest payments upwards of and National Banks drawing no interest. $1 2,000, oco, The evils of a Surplus" are better and this after allowing for all premiums corrected by not having any. The prespaid, and with the surplus money now in ent "Surplus and its evils can, in a very the Treasury, he could save the people, few months, be all done away with by m addition, forty millions more of future using it to reduce at the best price the interest payments and take this "Great bonds can be purchased the interest Peril and menace to every interest in bearing debt; much to the saving and the country out of the calculation of busi- comfort of the people. Alter this fiscal ness. year, judging from the temper ol both The enormous crops of the land now political parties, there will not be much cotton just beginning to move, the crop "Surplus, after providing for the Sinkof the South on which we depend so ing Fund, to trouble the business of the much to pay the balance of foreign country.' Truly, trade all these interests demand that Harvey Fisk & Sons, lack of shall be not by Bankers and Dealers in Government imperiled they action on the part of 'lie Administration. Bonds. The spiiit of the law authorizing the Secretary to purchase bonds, is clear and unmistakable, that, whanever a NOTICE. Surplusaccumulates over the$ioo,coo,-00- 0 reserve to be held against the greenis Notice hereby given that the Secrebacks, it shall be used, above a fair tary of the Territorial Board of Equalworking balance, to decrease the debt ization of Assessment of Territorial, and by purchasing bonds at the market price; Territorial School Taxes in Utah Territhat Snrplus, now, is $132,500,00 over tory for the years 1888 and 1889, having the greenback reserve. The Secretary on the 31st day ot July A. D. 1888, given lias saved the people, as stated above, notice to the County Court of Juab Counabout 12,000,000 on his purchases so ty, in Utah Territory, that the said Board far; therefore there is every good reason had increased the assessed valuation of why, as long as he can get bonds, he property, in Juab County lor the year should increase this saving, decrease the 1888 as follows; to wit: interest bearing debt, comply wnh the Upon Real Estate, 40 per cent. spirit of the law and take this Great Upon Merchandise, 40 per cent Peril of a large Surplus front the busiAnd the said County Court having ness of the country. caused said notice to be entered upon The Four per cent, bonds now have 19 its records, I, Wm. A. C. Bryan, County years to run; two per cent, per annum Clerk in and for said Juab County, have far each year they have to run would be in pursuance of the order of said Board 38 per cent.' If the bonds should run to and as required by law added 40 per of bond cost tooo.would maturity each cent, to the assessed value of all Real the Government 176 per cent, or 1760. Estate and Merchandise assessed in said To save two per. cent, per annum the Juab County, as the same appears upon Government could pay up to 138 percent., the 'Assessment Roll for the year 1888. or 1380 for each bond. But millions In testimony whereof, I hereunto set could be purchased at and un- my hand and affix the seal of the Counfor or eacn bond. der 130 per cent., $1300 ty Court of Juab County in Utah TerriThe to save two per tory at my office in Nephi, in said Councent, per annum, would have to be ty this 25th, day of August A. D. 1888 bought at not over 108 1 per cent.; it seal Wm. A. C. Bryan, might be very difficult to secure many County Clerk. millions at a better price than to save five the Government per cent, gross for the short time they have to run. The Currency Sixes, not yet included in Government purchases, could be had in fair quantities to nett the Government over 2j per cent, saving for each year they have to run. Therefore, as large dealers in Govern He knows what he is writing about. Mr. R. McLeod, druggist, Hemingford, I keep in stock a Neb., says: great variety of so called cures for diarrhoea and cholera morbus, but from a personal trial of Chamberlains Colic, Cholera and Diarrhoea Remedy, I regard it as the best of medicine in the market, for diarrhoea and all bowel complaints. It saved the life of our banker here. Sold by D. O. Miner, Nephi. BE0ADBEA1) & CO Dealers in Manufacturers of Han, Holes, ALL Israels, etc. WORK WARRANTED. DONT EXPERIMENT. EXPERIENCED WORKMEN. You cannot afford to waste time in experimenting when your lungs are in They keep a full line of goods on danger. Consumption always seems at hand which are disposed of at first, only a cold. Do not permit any dealer to impose upon you with some cheap imitation of Dr. Kings New DisDepot St Nephi. First door West of covery for Consumption, Coughs and Liveiy Stable. Mailorders will be promptColds, but be sure you get the genuine: ly attended to. Address P. O. Box 321, Because he can make more profit he may Nephi, Utah. tell you he has something just as good, or just the same. Dont be deceived, but insist upon getting Dr. Kings New Discovery, which is guaranteed to give relief UNDERTAKER. in all Throat, Lung and Chest affections. Trial bottles free at Hyde & Whitmore's Store. 'Large Bottles, 1. lowest prices S. L. Jackson, X. CLAWSON Manufacturer of BOOTS & SHOES Mr. Clawson is prepared to manufacture Boots and Shoes in any style and guarantees FIRST CLASS WORK. All kinds of repairing neatly done. Prices reasonable. Second door North of Bank, 40 tf. Nephi. John B. Milner, HAMUfACTURER AMO IMPORTER OF ALL KIMD8 OF Coffins, Caskets and Coffin Hardware Home made Coffins constantly on hand Embalming done on the shortest notice. He also has a good Kneoi Furniture and sells at coat. Repairing of all kinds done on the shortest notice. Agent for New Home Sewing Machine and Machine extras, Neadles, etc etc Give him a cal'. Nephi, Utah. , ATTY-AT-LA- W The Jolly House, Practices in the District and Supreme Courts of Utah Territory and will attend to all kinds of legal Moroni, San Pete Co. business in Juab, San .pete and neigh- Keeps a first class House- in every boring counties. respect. Travelers of the S. P.. V. Office rooms 5 and 7 Bank build- Ry. should give us a call. Horses and carriages always on ing, p. 0. Box 353 Nephi, Utah. 22 hand. nnorw Circular to tlip Residents Of tis Kcjli Sclool District will commence Monday, The first term for the school year 1888-September 3rd, 1888, with Academic, Intermediate, and Primary departments, under the supervision of the Trustees, with competent Teachers in all departments. The new and commodious north school house will be completed and furnished by the beginning of the second term and the Trustees and Teachers will spare no labor in making all the placoa comfortable and our schools as good as can be found. With our schools under the direction of our able Principal, William H. Jones, a graduate from Cornell University, who is an efficient scholar and an excellent disciplinarian, both parents and pupils can confidently expect good order and deportment, the best regulations and the most pleasing and beneficial results. Being a Public School no Party, Sect or Creed will be recognized, but pure manhood and womanhood will be the standard of morality. Patrons will please note the following regulations which we expect will be strictly and firmly conformed to. 1. The Trustees employ Teachers, fix and collect tuition, control all expenditures and exercise a general supervision of the schools. 2. The Teachers administer the discipline of the schools and regulate the classes and studies. 3. The schools will be graded as completely as. possible and pupils will be expected to advance by regular promotion only. (Time and earnest of patrons, pupils and teachers, alone, will enable the complete enforcement of this egulation.) 4. Pupils must furnish written excuses from parents or guardians for tardiness or absence. 5. All complaints must be made to the Trustees who will be pleased to adjust any wrong or injury : and the parents are earnestly requested to manifest a lively interest in the childs progress. 6. Parents will be held responsible for all damage done to school property, caused by the children. 7. School hours are from 9 a. m. to 12 m. and from 1 to 4 p. m. with 20 minutes reces3 at 10 :30 and at 2: 30. Primary department closing sooner when advisable. It is desired that the parents of pupils will make every endeavor to have them attend punctually and as regularly as possible. The instructions in each department will be suited for the age and development of the pupil. The Teacher will give to each pupil a list of boeks and helps that are eeded and the parents will please see that they are provided. 9 SPECIAL ATTENTION PAID TO MAIL ORDERS CORNER 2MC-A.I- .ZLJST D 3DXDIOT STJFLIEmT 2NTHII33:X. & nsfiEABj GENERAL MERCHANTS TERMS. The first term begins Monday, September 3rd, 18S8, and ends Friday, November 9th, 1888. The second term begins Monday, November 12th, 1S88, and ends Friday, February 1st, 1889with sixteen days vacation commencing December 22nd, 1888. The third term begins Monday, February 3rd, 1889, and ends Friday, April 12th, 1889. The fourth term begins Monday, April 15th, 1889, and ends Friday, June 21st, 1889. The schools will close on all National holidays. MERCHANDISE GENERAL NEBO LOCK, OPPOSITE CO-O- P, MAIN STREET, NEPHI. of Groceries, Dry Goods Largeand complete stock Hardware and everything in the Genera! Mercantile line kept constantly on hand. A TUITION. Primary Department per term. Intermediate $1.00 1.25 1.50 ORDERS BY MAIL WILL RECEIVE PROMPT Academic Those over 18 years $1.00 extra. which is the only thing that Pupils will be admitted by admits will entitle them to a seat can be had of the Secretary, James W. Paxman. The Trustees are endeavoring to conduct the Schools as economically as lossible, and to enable them to put the tuition at the above extremely ow prices, the tuition must be paid in advance or at the time the admit is issued. Incase of sickness or other reasonable detainment when the pupil is N. B. We have a large and splendid stock of straw hats and BtraW goods which we are selling at cost excused by the teacher, the amount wil! be refunded. The public are cordially invited to visit the schools at any time. Also a large 6tock of lawns which we are selling at a very low margin. We are doing this to make room Send your children and give them a good education. for fall goods. Come and get what you want in this line before it is too late. Thos. Ord, W. James Utah, Nephi. Taxman, Caas. Foote. Aug. 25th, 1SS8, ATTENTION. - iV |