Show I 1 it h PUL IC file financial chisht the he president sas grows worse THREE holins WORK OF I 1 GIRL Deci blon in a mining tho forth north imeri can ai commercial compana enar a protest washington jane june 19 the burean of american republics hue has rec received elvEd a copy of the annual o 0 of president pellegrini of the are argentine n tine its 1 ta public which wag was laid before af C con on frees grass in may last lie ile states are that hat the only exceptional measures be h bad ad been compelled to adopt were the declaring df the city of buenos ayree ayres in a stage of siege and the suppression sion of the few newspapers newe papers that vi ere stirring up strife the concessions of natural lands covering 60 square miles which have bean been made to speculators for colonization purposes are revoked as the holders of the concessions failed to carry out the conditions on which they obtained the lands many public works had of necesse necee essl eity been suspended for lack of funds assisted immigration from europe bad had been stopped the revenues tor for 1890 1800 were in currency the expenditures leaving lea vinga a defacio ct the revenue reven neg for 1891 had been collected at 26 in gold president expresses the hope that the country by the aa 1 of 0 the r ibus loan negotiated in zorata ln lindon on won would 11 d be able to pay its way the third y year ear the trade returns were vi ere encouraging exports were in increasing and imports deceli declining 9 The financial crisis the president says prows grows worse only paper mone money r ol 01 which there are in ci cir r cu dilation lation is ie sustain ad at 80 per ce cent tit he ile estimates the losses 1 since the crisis began at the national ional bank now owes ake the tre treasury abury in currency and 2000 in in gold lie ile t the he best solution of the financial difficulties would be to correct the defects in the state banking system revive the credit of the ftp state to banks and enable them to continue tor for this purpose he recommends a parliamentary corn com mission miR Bion lie ile adds but a cold gold standard is an insuperable difficulty in the way of resuming specie payments want a metallic basis we must resort to silver all the objections raise I 1 against a of silver I 1 ver standard may apply to europe but they do not affect us 4 I 1 I 1 NORM the north american Im critan commercial Cora mercial o 0 stands ip up lr fir its rights washington jane M 1 the north american commercial company through its attorney judge jeffries has filed a protest with the treasury department idill states that it was assured a quota of seal skins daring during 1890 and upon that assurance made a large outlay it was compelled to cease taking seals july 20 h last it when the simon hid not ex aired and only one third ot of the net quota of skins were obtained oa tnie this account the company a losi loal it again submits a formal protest against the action of the united statue stats in once more preventing it from taking its fall quota 0 of I 1 seals it gives notice t to 0 the th bec leeary lf of the treasury that it will ill me make kea a claim to be reimbursed by the united states to the full amount of the loes loss it may sustain by reason reaton of its betas being prohibited from taking its full quota this year the company farther represents that lu to providing for the maintenance and ad education of the inhabitants of the izands inlands of 8 paul and S george it baa has expended tor for which it has not been reimbursed the company invitee invites the attention of the secretary of the trea treasury to the tact fact that the islands treasury of S st tury paul aud st george are in the un di pa ted of the united states and that the right of this go government V eram nt to dispose of the far seals sea Is born on said islands has never been questioned this being so the company assumes that the right of the united 81 states or its lessee to take fur set beale 18 on said sald islands within the unquestioned jurisdiction la is beyond dispute and not subject to interference by any foreign elate state the right of this government to take fur seals on its own territory is not one of the questions to be admitted to arbitration in that dispute great britain affirms and the united states denies the right of english and canadian poachers to slaughter fur ceals eeals in our part of behring sea and find the company insists that ite tit agreement as set forth in the presidents proclamation in so tar far as it prohibits the company from taking its law ful ial quota is in contravention of the vested rights of the company and bab subjects acts I 1 it to great lose 1 if it be abeso assumed me 3 that the eastern portion a of ahring sea is not marine territory of the united states but is the high the company submits that it is not at competent tor for great britain and the united stated states or any other two governments to determine who shall governments be permitted to navigate navi aate these waters or to prohibit fishing or the taking of seals sea Is on the high ligh and the company points out that its rights have been overlooked by the a agreement greerken gre ernen I 1 thereby inflicting severe lose as upon the be company in order to oata obtain I 1 n the cono consent at of england to arbitrate the question as to the right of canadian Gna dian poachers to destroy the fur seal industry 11 by pelagic fishing ehing fi |