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?rientlflc and commercial yvrpoM. A like nptdi
tiou la about visiting the coast of Africa anil the lu diaa (> < an The reports of diplomatic aud consular oHi-em lu relation to the development of our foreign cotuuurr Uavi' furnished many facta that hu\e proved of public interest, and have stimulated to pmctical exertion the nhrpiiM of our jteople. 1111 - WtMA The report of the Secretary of the Treasury fur nishes a detailed statement ot tlio operation* of that department of ik government aud of tho condition | Ot the pnblii' finance*. Tlic ordinary r* Venues from all sources tor the ; 'hseal year endisi June .10, 1*78, were $237,763,878 7tt; the ordinary e\i>enditiires lur the same jH-riod were I $236,964,326 sd; leaving a surplus tvvenue for the 1 Vrar of $"JO,T9$,601 UO. The receipts for the present fiscal year ending i June 30, 187V, actual and estimated, are ua follow*:? | Actual receipts lor the first quarter oomraeneiug July 1, 187* f7J.38y.743 43 Estimated receipts for the remaining three-quarters of the year 181,110,236 67 Total receipts for the current fiscal year, utuai and estimated $2ft4,500,iKH) 00 The expenditure* for t.'ie uuiio period will be, actual and estimated, as follow.-,:?For the quarter commencing July 1. 1878, actual expenditure*, $73,344,383 27. ami for the remaining three-quarters of the year the expenditures are est>mutc-l at $160,765.426 73. making the total expenditures $240,100,000, aud leaving uu estimated surplus rt ve nue for the year ending Jtuie $f>, lHTv, <?f The total receipt* during the uoxt flscul . ear. end ing Jnno 30, 1880, estimated according to existing laws, will be $201,300.0.Hi, aud the estimated ordinary expenditure* for the same period will be $230,320,412 08; lnviuy a surplus of $28,179,587 32 for that year. In the foregoing statements of expenditures, actual and estimated, no amount is allowed for the siuk.ng fund provided for by the act approved February 23, 1*82, which require* that one p r cent of the entire debt oi the United St ite- shall be purchased or paid within each fiscal year, to be set apart us a sinking fund. There lm* been, however, a substantial com pliance with the conditions of the law. By it* terms the public debt should liavi been reduced between 1*02 aud the cluae of the iastflscll .> eiu' $ 518,301,80 . J*:' the actual reduction of the :i* ? rtaim d debt in* that period has been $720,84l,73il 81; being in exe? ss of the reduction required by the Sinking Fund act? $202,282,833 33. THr rcBLic Durrr. The amount of the public debt, less cash in the Treasury, November 1, 1878, was $2.024,208,883 18? a reduction aince tho sama dato last year of $23,150,017 30. The progress made during the last year in refund ing the, public debt *t tower rates of interest is very gratifying. The amount of tour per cent bond* sold during the present yewf prior to November 23, 1878, is $100,270,206, and six per een' bonds, commonly known a* five-twenties, to an equal amount, have been or will be redeemed as calls mature. It has been the policy of tli I). partnienl to place the four per cent bond* within essy reach of every citizen who desires to iuvest his savings, whether small or great, iu these securities The Secretary of tin Treas ury recommends that the law be so modified that ? mall sums may be invested, and that through the post othree or other agents of the government the treest opportunity may be given in all parts of the country for such investments. The best mode suggested i*, that the Department be anthorttrd to Issue certificate* of deposit, ot the denomination of $10. bearing interest at the rate of 3.65 per cent per annum aud convertible at any time within one year after their Mane into tbe four per cent bonds author ized by the Kcrunding act and to lie issiud only in exchange for United states notes sent to the Treasury by mail or otherwise. Such a provision ot law, sup ported by suitable regulations, would enable any per son readily, without cost or rink. to convert his money into an interest bearing security of the United States, and the money so received conld be applied to the redemption of six per .-cut bonds. conraoB. The coinage of gold during the last fiscal your was $$3,798.800. The coinage of silver dollars, under the net passed February 28. 1878. amounted on th" 23d of November, 1878, to $19,814,390, of which amount $4,9*4,'.i47 arc in circulation, and tho balance, $14,829,WO, is still in the possession of ibe govern ment. With views unchanged with regard to the act under which the coinage ot silver proceeds, it has been the purpose of the Se-retarv faithfully to exe cute the law and to afford a fair trial to the in-asure. In the present financial condition of the country I am persuaded that the welfare of legitimate business and industry of every description will be best pro moted by abstaining from all attempts to make radi cal changes in the existing financial legislation. Let it be understood that during the coming year the business of the country will be undisturbed by gov ernmental interference with the laws affecting it, and wa may eonfldentlj expect that the resumption of Specie payments, w hich will take place at the ap pointed time, will be successfully nijd easily main tained, and that it will lie followed by a healthful and enduring revival of business prosperity. Let the healing influence ot time, the inherent energies of our people aud the boundless resource* of our coun try have a fair opportunity, and relief from preaent diiflculties will surely follow. THf CHMT. The report of the Secretary of War shown that the army has born woil ami economically supplied; that our small force ljus been actively employed, and lias faithfully performed all the servieo required of it. The morrtlr of the ariny ha* improved and the nnmbrr of desertions has materially deeraaaed during the year. The Secretary recommend*: ? 1. That a pension be granted to the widow of tho late Lieutenant Henry H. R?aner. Klghteentb infantry, who loaf hia life by ti-Uow f< ver while in command of the steamer J. M. chambers, srut with supplies for the relief of sufferers in the South from that disease. 2. Thi establishment of the annuity scheme for the benefit of the heirs of deceased oft errs, as suggested by the Payinsster General. ;t. The adoption bjr Congress of a plan for the pub lication of the records or the War of the Rebellion, now being prepured for that purpose. t. The increase of the extra per diem of soldier teachers employed in post schools, and liberal appro Estations for the erection of buildings for schools and branes at the different posts. ?i. The repeal or amendmeut of the set of June IS, 1h7h, forbidding the "useof the army as a posse oorai tstus, or otherwise, tor the purpose of executing the laws, except in audi cares and under such cirenni ?tanres as may be "vproesiy authorized by the consti tution or by iu t of Congress.'? The passage of a joint resolution of Congress le. gall ting t lie issues ot rations, tents and ui?*iicin?s which won made for the relief of sufferers from yel low fever. 7. That provision be made for the er<s-tion of a Are proof building tfor the preservation of certain valu able records now constantly exposed to destruction by lire. 'These recommendation* are all commended to your favorable consideration. THV. ItAYT. The report of the Secretary of the Xary shows that the navy has improved during the last fiscal year. Work has beeu done on seventy-live vessels,, ten of which have been thoroughly repaired and tna<le ready for sea. Two others are in riipid progress townrd j ccinpletion. The total expenditures of the year, including the ! amount appropriated for the deficiencies of the pre vious yenr, were #l7.P>?,3!i2 K, The actual expenses chargeable to the year, exclu ?ive ot those deficiencies. wets- f UI,:IOH.til4 ??. or ?717,1911 1* lesi than those of the previous year <nd U .Wfi.477 74 less than tli?-exoense-, including the de- i Q< u ncles. The estimates for the fiscal year ending June 91). lHXi, are #14.19)2,3*1 43?exceeding (lie appropriation* of (lis present yar only $33,94!* 73. which exi-ess Is oeoasiotied by the deHMnos of the Naval Academy and the Marine Corps, as exolained in the beeretary's re- ! port. The appropriations for the present fiscal year arc $ 14. i 'i 7u, which, in the opinion of the Secretary, ! will b< ample for all the currc.nt expenses of the ue- ( partment during the year. The amount drawn fforo the 1 ressury from July 1 | to November 1. iUTS. I* #4,74*1.344 i4. of which f 70,'Jisi 7S has been refunded, leaving as the expendi ture for that period #4.U*J'.*,3fi:i ^y.^or Ifi'jo.s-.si-ii less than the corresponding period of the last liars] year. THK SoslAI. SKKVtrK. The report of the Postmaster General embraces a detailed statement of the operations of the Post Office lirpartmnut. ilie expenditure# of that department for the fiscal , year ended June 3*1, lifts, were f34,l(ih,ft*4 49. The recetpts, Ineliidtng sales of stamp*. money orb r bnsln'rs and official stamps, were $?*!*,277,51*1 M. The sum of $290,4JM is), included iu the foregoing ?tatejneut of expenditures, is chargeable to preceding years, so th?t tn? actual expenditures for the fiscal year rii'led Jun- :m, 1*7*. ar?- 4.Tl,*74,947 iV). Tiie amonitldrawn from the Treasury on Appro priation-, in addition to the revenues or the depart ment, W't* #5..*,t7.i>32 sj. The expenditures tor the fiscal year ending June |o. IKito, are < siimattsl at fin,.'">71,'.*?*, and th> rece'pta from ah sourr -- at $dO,*M4,*>2$ 9?, leaving a dell Cicncy to be appropriated out of the Treasury of f 8.907,971 10. The report nails attention to the *a-| that the rnin Cn.atlon of postmastars and of railroad- for earry g the malls is regulated by law. and that the failure ot Oougresa to appropriate the amounts required for ths#s pii'-paee* does ou* reiiev the government of re* ?ponsibllit; . but ne- eesaHly ln'-rei*"* the deficiency bills which i.'ougress wilt be. ?iic?i upon to pas*. 1m providing for the postal service the following gyrations art presente-d :?Should < etigre?: annual!} appropriate * sum lor Its expenses largely in excess o'f Its revenues, or should inch rates ot postage be es tablished an will make the department self sus taining ? Alien Id tha postal service be reduced by excluding from tha mails matter which does not pay Its way > Should the number of post route* be diminished 7 Should other method" he adopted which will In irea* Uw revenue* of diminish the eqamscs of the postal a* rvhe '/ rwt phsTAf. Viffrs. The IttfeRlatiirBai Tost 11 Onfigrvss, Whith met n) I'sri* May 1, 1*7". ami continued in sc.odo.i until June 4 of tlic sane year. Wiim composed of delegates from pearly all the civilized countries oi the world. It adopt."! ? new convention, to take the place of tho treaty macludad at Re rue, October 1974, which gnus into efl?*ct cm the 1st of April. 1979, between the countries whoaa delegates have signed It. It was raw fled and approved, by and with the consent of the president. August 13, l?7a. A synopsis of this I'm versa! l'ostal Otmvention will is- fonad in the report of the Postmaster General and the fu I text in the appendix thefuUi. tU Its "light the l?o?isl fntoti ?ouipliaed I Vciity-three iwil.trio, having a popMltt t,oii'ir aio.'ssi."*' i" 'U1' ? u" ,f" ' "T April iiex'it w.ll comprise t..rf)*hi'? ? o.u'ri ?* slid colonies, with a |e pui itlon ot Uiore thiiu six hundred sn l Dili millions or people, snd will -onn. hy Up aw-es alon of the few fninluUM ?nd colonies which maintain organized postal asrrice., mmrtttute, I in tart a* well M in luiae, as its new title indicator, a Universal Union. ri flCdatug. upon a uniform bnais of cheap postage rates. tha postal intoiaeurae between all civilized nations. Some embarrassment lias arisen out of tlx; conflict between the cnstouia laws of this country and the prov isions ot the Postal Convention in regard to the i i'uu>uiiSMoii of fnreigu books uud newspapers to this country by mail. It is looted that Congress will be able to devise some means of reoosviUag the diffi culties which have thus been created, so as to do jus tice to all parties involved. the scpuems rot'irr. The business of the Supreme Court and of tho courts in many of the circuits has increased to aucit an cftcnt during the past years that additional legis lation is imiKrutive to relievo and prevotit the dolay of justice and possible oppression to suitors which is thus occasioned. Ae cuoumbcrM condition of these dockets is presented anew iu tho ri port of the Attorney iteueral. and the remedy suggested is earn estly urged for Congressional action. The creation ot additional circuit judgo*. as proposed, would afford a complete remedy, an ' would involve au expense, at the present rate of saliries, of not more than $60,900 a rear. INDIAN AFI AII1S. . The annual reports ot the (secretary of the In terior and of the Commissioner of Indian Affairs present au duhostite account of tlx present con* diticn of the Indian tribes and of that branch of the public service which ministers to their interests. While the conduct of the Indians generally haw beon orderly, and their relations with their neighbors friendly and peaceful, two local disturbances have occurred w hich wore deplorable in their character, but remained, happily, confined to a comparatively small number ot Indians, 'fit" discontent among the Jlauuocke, which led first to wonu aids of vio lence on the part of some in. tubers of the tribe and finally to tin outbreak, appears to have been eausi l byan insufficiency of food >u the reserw.tion, and this insufficiency to have been owing to the in adequacy of the appropriations made by Congress to tile wants of the Indians at a time whan the Indians weic prevented from supplying the deficiency by hunting. After an ardnom pursuit by the troops of the United (States, sud several engagements. the hostile Indians won reduced to subjection, and the larger part of them surrendered themselves as pris oners. In this* connection I desire to rail attention to the recommendation made by tlie Secretary of the Interior, that a soffit lent funii be placed at the disposal of the Execu tive, io be used, with proper accountability, at diweretion. in mtddnti erar rgen; iet of the Indian ser vice. The o'.hor case of diwturbanee was that <>f a band of Northern Cheyennes, who suddenly left their reservation in the Indian Territory and marched rap idly through the stales ot Kansas and Nebraska in the direction of their old hunting grounds, commit ting murders and other crimes on their way. From documents accompanying Hi" report of the Secretary of the Interior it appear* that this disorderly band wan as tolly supplied with the necessaries ot life as the i,7do other Indian* who remained quietly ou the reservation, and that the disturbance was caused by met: of a restless and nilschievous disposition among the Indians themselves. Almost the whole of this band have surrendered to the military authorities, and it is a gratifying fact that, when some of them find taken refuge iu the camp ot tho ited Cloud Sioux, with whom they had been in friendly relations, tho Sioux held tliem as prisoners and readily gave them up to the officers of tho United States, thus giving new proof ot the loyal spirit which, alarming rumors to the contrary notwithstanding, they have uniformly shown over since the wishes they expressed at the council of September, 1*77. had been complied with. INDIAN AL'.M LiARI i* s. Both the Secretary of tin Interior and the Secretary of War unite in the recomiuemhitioii that provision be niudn by Congress for the organization of a corps of mounted ??Indian auxiliaries." to be under the control of the army, and to be used for the purpose of keeping the Indians on their reservations and pre venting or repressing disturbance on their part. I earnestly concur in this recommendation, tt is be lieve I that the organization ol such a body of Indian cavalry, receiving :? moderate pay from the govern ment, would considerably weaken the restless cle ment among the lndiaus by withdrawing from it a number of young men and giving them congenial employment nndcr the government, it being a matter of experience that Indians in our service, almost without exception, arc faithful in rhe pertormam e of the duties assigned to tliem. Such an organization would materially aid the army In the accomplishment of a task for which Ks numerical strength is some time found insufficient. But. while the employment of force for the prevention or repression of Indian troubles is ot occasional humility, and wise prepa ration should be made to that end, greater reliance must be placed on humane and civilizing agencies for the ultimate solution ol' what is called tho Indian problem. It may lie very difficult and require much patient effort to ourb the unrnly spirit ot the savage Indian to the restraints of civilized life, but experience shows tha? It is not itnpossible. Many of the tribes which are now qulot and orderly and self supporting were once an savage as any that at present roam over the plaina or in the mountain* of.the Far West, and were then considered inaccessible to civil izing influences. It may lie impost ible lb raise them fnllv up to the level of the white population of the United State*, but we should not lorget that they are aborigines of the country, and called the soil their own on which our people have grown rich, powerful Mid happy. We owe it to them as a moral duty to help them In attaining at least, that degree of civil ization whioh they may be able to roach. It is not only our duty, it is also our Interest to do so. Indiana who have become agriculturists or herdsmen, and feel an interest in pn>i>crty, will thenceforth ceaae to be a warlike and disturbing dement. It is also a well authenticated fact that Indians arc apt to be peaceable and quiet wlnni their children are at school, and 1 am gratified to know, from the expres sions of Ht* tow salves ?nd from many concur ring reports, that there is a ?ti adilv iticn .i-tng desire, even among Indians belonging to comparatively wild tribes, to have their children educated. I invite at tention to the reports of the Secretary of the interior and Commissioner of Indian \ffsirs touching the ex periment recently inaugurated in tukhig lift) Indian children, hoys and girls, from differ* ut tribes, to tlie Hampton Normal Agricultural lustitute, in Virgiunt, wh?re they are to receive sn elementary English edu cation and training in agriculture and oUn r nsetul work, to be returned to their tribes, alter tin com pleted course, ss interpreters. Instructors uud ex amples. It is reported that the other charged with the selection of thorn children might have hail thou sands of young Indians scut with him hail it been pos sible to make prorision for thcin. 1 ngri with Aha Secretary of the Interior 1n saying that "the result of this Interesting rv|>eritnent. ii favorable, may be dea ; tinod to become an important factor In tbu advance | tn< nt of civilization unong the fnilisns." The question whetin r a change in the control of the Indian service should lie made was, at the last ! session of Congress, referred to a committee tor in I qttiry and report. Without desiring to anticipate that 1 r?poft I venture to cipher* the hope that in the deef 1 sion of so important a question the viswa ex pr.-ssed above may not he tost night of, and ; that th?- dei ision, whatever it may lie, will ar I rest further agitation of this subject, such agita 1 tion being apt to prodnce a disturbing tttect upon the service as well as on the Indians themselves. THE HOT sgRiKos. In the enrolment of the bill making appropriations for sundry civil mpenona, at the last sesidon of Con | gress, tliat p. rtion which provided tor tint enntinua I Finn <>f the Hot Spring* Commission was omitted. A* the Commission hid completed the work of taking testimony on the manyr>mulcting claim-. the suspen sion of their labor*, ledoroditi tanning the rights of , claimants, threatened, ;,,r a tint-, to i tnbacrana the interest not only of the government, bnt also of a large number of the. cttlaana of Hot during*. wiio were salting lor 8nal action on their cltiiins liefore In ginning contemplated Improvement*. In order to prevent ????riotl- dftieulthsi which wem apprehended. and at tie- solicitation of many leading citizens of Hot spring* ayd others inh-rested in Utn w- lfar ? of the town, the Me -rotary of th< Interior was authorised to request the lute C iHlthiltUlfI* to taki- charge nt t)n reon-da of thetr proceedings and to perforin such work as could prop-rl\ is- douc by (km whif ntfli ?;i rru instances, to facilitate the ftt t it re adjudicate >ti of the claliu* ** an - arl v dsy. and to preserve the statu* of tie ciaituauts until their rights should be finally b tinuir.cd. The lat? Con - rulssionurs compiled witli that request ami r> is>rt thwt th" testitiionj in all the casus lias b>-en wrt'ten out, examined, briefed and so arrange i as to facilitate an early settlement when authori/- I bylaw. It is recotnumnded that the reqnitrite authority :? given at as early a lay in tin sessuiri a* possible, and that a fair compensation In: allowed the late Commissioners for tin orp uae incurred and the lalsir performed by them since the ifith of June last. rntBsn uvw, I invite the attention of t ongross to file recoiii metidationi inaa-> by the Si.?retary of i.e interior wtth regard to the pro rvatioti of the tlmbi t on the putilti isnds of the I nited States. Tho protection '?f liM-publi: prop'rty is one of the hrst dutloa of the government, the cepartmeui of th> Interior should, therefore, be ? nabl-d by n.tfttel Dt approprtations, to enf rce tho Iowa In that re*|s ct. But this matter ap js-ara still mors important as a quaiton of public economy. The rapiu destruction oi our forests la an evil fraught wtth the grs>est ronne^ri'-nces, espe* lally in the mountainous ilistrlcts, where the rocky slopes, oneu denuded ot tbsir trees, will remain ao forevar. There the injury, once, done, cannot be repaired. I fully ronrtif w tf n the deerctary of the Intm ior in tho opinion that, tor thl? reason, leg station touching tin public timber in Uie moillttaiaoUa .states end T< r rltories of the West shotilil he esp tally well eon*hi* ercd. nnd that existing laws. In wldeh the destruction Of tin foresbi is not sufficiently gOardod against, should be ayaodily inodiried. A gun aril law concern itife this important subject appears to Be to bo a matter of nrguiit public necessity. Aonrcrtr.Tt sr. i'rotu the organication of tin government the im portance cf oik ouraging by all possible Omaha the iticr> ase of our agfli'VMVM production* Uae been acknowledged md urged upon the sltentlou of Con gress and t.tii people as the sUfast and rnodiaat means of increasing our substantial niilMthrtau prosperity. The words of Washington are - kpp'i 'st>le t >-dny a.- win n. in hie eighth aiumni Me "gaga, hi *a-d:? I "It I* not to !? douli. d that with i-uicfunoa ? ither , to indlvWInal or national welfare agriculture Is of i primary importm in proportion as n ation* ml vai.ee iu population nud other citvuinstanc' s of ma turity tuts truth income* more apparcut, and render* the cultivation ot' tho soil nior and more an object ot public patronage, tiisritntions for promoting It grow up supported by the public purse, and to what object cau it tm dedicated with ymatif propriety? Among the insans which have been employed fo this end >ioi|i hat o b"1t at tended with greater atu eiws tltsn the ??stribHshmeiit ol board* eo"i)s>sed .c proper e)i itsi'I rs, cljargctl Wi'h I' d ' t.tlg Hill do Usjog Ilifer oltHHi, . rl enabled. hjr preitiinms nnd small p ittd. r. aids, to sneotirsge aiut asrtat Ihn spirit of tii*i !>v ry mid mi prov* uiout, Uds spe ie* ol ? *tsbiishiueiit coiitrtliutitig doubly to the iurreaae of iniprovoni'ut by stlmuiai ,ing to saterprfse and experiment, and by drawing to a common centre the result* every where of individual skill and observation. and spreading theiu thence over the who! nation. Experience accordingly liath shown that they ore very vhi'up instruments, of im mense national benefit." The great preponderance of the agricultural over auy other intere-t In the I'nitcil state* entitles it to all the coaaidcration claimed for it by Wa*hiugt >n. About one-half of the populntion of the United State* la en gaged in agriculture. The value of the agricul tural product* of the United States for the year 1*78 i* estimated at #:!.<*kl.000.000. The export* of agricul tural product* for the year 1877. a* appear* from the report of the Bureau of Statistics, were flWl.OOO/Xjo. The great extent of our country, with it* diversity of soil and climate, enable.- us to produce within our own border* and by our own labot. not only the ao< uaaories but most or the luxuries that ere consumed in civilized coun tries. Yet, notwithstanding our advantages of soil, climate and intercommunication it appear* from the statistical statements in the report or the Commis sioner of Agriculture that wu import annually lrom foreign land* many millions ot dollar*' worth of agricultural products which could be raised in our own country. Numerous questions arise in the practice of ad vanced agriculture which can only be answered by expeilm'iuts, often costly and *oinetimijs fruitless, which arc beyond the means of private individuals, and ate a just ami proper charge ou the whole nation tor the; beuctlt ol tiie nation. It is good policy, especially in times of depression and uncertainty in ot iter business pursuits, with a vast area of un cul tivated, ami hence unproductive territory, wisely opened to homestead settlement, to cnc ourag., by every prop( r and legitimate means, the occupation and tillage of the soil. The efforts of (he l>epurt nu'ut of Agriculture to stimulate old and introduce U"\v agricultural industries, to improve the quality and increase the quantity of our products, to determine the value of old or establish the impor tance of new methods of culture, are worthy of your careful und favoralilo consideration and assistant e by such appropriations of money and enlargement ot fa cilities as may seeiu to be demanded by the present favorable condition* for the growth anil rapid devel opment of this important interest. The abuse of animals in transit i* widely attracting' public attention. A national convention of societies specially interested in the subject has recently met at Baltimore, and the tacts developed, both In regard to cruelties to auiiiial* and the effect of such cruelties upon the public health would *c. ni to demand the careful consideration of Congress and the enactment of more efficient laws for the prevention of these abuses. kuccation. I The report of the Commissioner of the Bureau of Education shows very gratifying progress through out the. cquntry in all the iuti rests committed to the care of tilts important office. The report is espe cially encouraging with respect to the extrusion of the advantages of the common school system in sec tions of the country where the general enjoyment of the privilege of tree schools is not yet attained. TO education more tlau to any other agency w? ar? to look, a* the resource for the advancement of the peo ple in the requisite knowledge and appreciation of their righto anil responsibilities a* citizens, anil I de sire to repeat the suggestion contained in my former message in l?ehalf ot the enactment of appropriate measures by Congress for the purpose of supple menting, with national aid, the local systems of edu cation in the several Stab.-. Adequate accommodations for the great library, whieli ?* overgrowing the capacity of the rooin< now occupied at tue Capitol, should be provided without further delay. This Invaluable collection of books, manuscripts anil illustrative art has grown t i such proportions, in connection with the copyright system of the country, us to demand the prompt and careful attention of Congress to save it from injury in it* present crowded and insufficient quarters. As this library is national in itscliaractcr, mid must, from tho nature of the case, increase even more rapidly in the future than in the past, it cannot he doubted that tho people will sanction any wise expenditure to preserve it and to enlarge its usefulness. The appeal ot the regents of the Smithsonian Insti tution for the means to organize, exhibit and make available for the public bemtit the articles now stored away belonging to' the National Museum I heartily recommend to your favorable consideration. TtUS DIsTlll'T or COt.l'MJ'.IA. The attention ol Congress is sixain invited to the condition of the river trout 01' tlie city of Washing ton. It is a mutter ot vital importance to the liealtii of the residents of the national capital, both tem porary and parmanent, that the low lauds in l'rout of the city, now subject to tidal overflow, should be re claimed. Iti their present condition these flats ob struct the drainage of the city, and are a dangerous source of malarial poison. The reclamation will im prove the navigation of the river, by restricting and consequently deepening its channel, and is also of importance, when considered in connection with the extension of the public ground and the enlargement of the park, west and south of the Washington Mon ument. The reporfof the Board of Survey, hereto, fore ordered by act of Congress, ou the improvement of the harbor of Washington and Georgetown, is re spectfully commended to consideration. The report of the Commissioners of the District of Columbia presents a detailed statement of the affairs of the District. The relative expenditures by the United States and the District (tor local purposes is contrasted, show - ing that the expenditures by the people of the Dis trict greatly exceed those of the general government. The exhibit is made in connection with estimates for the requisite repair of the detective pavements and sewers of the city, which is a work of imincdiatu necessity, and, in the aaino connection, a plan is pre sented for the permanent funding of the outstanding securities of the District. The benevolent, rt formstory and penal institutions of the District are all entitled to the favorable atten tion of Congress. The Deform School needs addi tional buildings and teachers. Appropriations which will place all of these institutions in a condition to become models of usefulness and bencftceuca will be regarded by the country as liberality wisely be stowed. The Commissioners, with evident Justice, request attention to the discrimination made by Congress against the District in the doua'Um of Jaml for the support of the puldie schools, and ask that the same liberality that has been shown to the inhabitants of the various Sutra and Territories of the United States may be extended to the District of Columbia, i The Commissioners also invite attention to tho damage inflicted upon public ami private iutercsta by the present location of the depots and switching tracks of the several railroads entering the city, and ask for legislated looking to their removal. Tho recouuat n datious and suggestions contained in the report will, I trust, r-ceive the rareftil consideration of Congress. Sufficient time has, perhaps, not elapse I since the reorganization of the government of t>?: District, un der the recent legislation of Oongre-s. for the ex press! on of a confident opinion a* to its successful operation: but the practical results already attained are so satisfactory that the friends of the new gov ernment may well urge upon Congress the wisdom of its continuance, without essential modilh alien, until, by actual experience, its advantages and de fects may he more fully ascertained. li. B. HAYES. Exteccnvr. Mansion, Dec. 2, M78. THE BLAND DOLLAR. IMPORTANT ACTIOS or THE Pmi.ADKT.PmA BANKS --THET BHTCDIATE TIIK ACTION OPTHS NKW YORK BANK*. PlULAlllCLI'MIA, Dee. 2, Itf7*. The monthly meeting of the clearing House Asso ciation of the Philadelphia Banks was licid this after noon, and the following important M)mrt anil reso lutions presented and adopt d. It w-nl tie seen that tin y do not Jpdorsc tin* action recently taken in New York ou the silve r question:? The Clearing ltnnsw Committee has rrcotv.d from the New York Clearing House its resolutions, adopted November P2 lust, regarding 'tank receipt* and pay ments after the 1st of January next, anil report: ? TTiat tills committee Ikis carefully considered tho several resolutions, and, as this ossoeistion earnestly desires Pi aid the government and :lio Iwuksto tiisnre the siieeessfiil resumption of specie pay unoits. recom mend- the adoption of tlo following resolutions JVlf?That tV A'sisdatel Banks of Philadelphia, after the l?t of Ja:in?r>. 1KB, will decline receiving gold coins as special deposits, bnt will m e. pt *i>a treat them only as lawful money, and w III rlWott tlnue sp< 'ial gold amounts, l?y notiileatloii to tertni nele tli--in. on tlie 1st of January next. Srnmri?Will turbid special exchanges of gold ehecka at tlie clearing Mouse. rWrW- Wfli pay and remtvs h.iiatn e? at the Clearing House eittn-r in gold coin or United Ntai< s legal ten der notes. Your committee has gi\-n special attention to reso lution So. t of the New York clearing llnii- , agree ing to n* ei>e silver legal dollars only as "*[ie< ial deposits, payable In kind," anil d* -ins it inexpedient toVake any action at present in regard to It, und so I recommends to this aoaociation; and beg leave to add :? That wo are fully Impressed by a sense of the duty of the bonks to contribute by their action toward the full resumption of spe< le payiueuts, which should in clude the speedy and permanent attainment of a gold standard Ot value, corresponding with that accepted j ?nd in use liv the moat intelligent and prosperous nati'ins; and regarding the sliver dollar as of inferior actual value to Ho gold dollar, and that its eiuisslon | and circulation iti larger quantity will lie productive of mauifnlu evils: in vertneless it is a lawful dollar, i and no action if tho luniks discredit,tig and degrading ! It can prevent Its use an money; but these ctinsidora tlens imp wo ripoti Congress tin duty, as It has the powt r, to rrmovii the evil referred to by legislation establishing equality of value of gold and silver coin and United HtsP s notes. The apprehension that there will be inflicted on tho country a currency of uncertain and dechoing | value has been and is now the chief obstacle to a i return to national prosperity, ami j our committee entertains the imp. that emigre'*, at Its approach jug - anem. will remove this obstacle by providing sound an t stable rttrrctieins, iuterchaiigable witu eaeii other at par. thereby avoid tug th< threatened evil oi a fluctuating measure of value, which Is so repressive of enterprise and injurious to tho indus trial inutreet* of the people. TAMMANY SOCIETY. Tho regular monthly nteefing of the Tammany Hociety was he'd in tM btfthrtl of tho FnnHmlh ntte.it btttldttig ls o rdght. Ii#enwfwtlie *? n ion took p*:et vriili elt sod tb'Ot i;o?n being idudtt. U lint inetnbm td tho orgmiizstion. Tho ?tisplitty was unusually Itrgt. the Tilden d< in-x*rat* Icing out in lull tor. t. Several upplit atlons for membership were made, and thsn the dachctus and braves wcat out of ./ho wigwam. till s Annual Report of the Secretary of the Treasury. RECEIPTS AND EXPENDITURES. Progress Made Toward Resumption of Specie Payments. OUR IMPORTS AND EXPORTS. Advantages of tlie National Bank System. GOLD WD SILVER COINAGE FOR THE YEAR. Washington, Dec. 2, 1878. The Secretary of the Treasury in his annual report Rives the aggregate of tlie ordinary revenue* Irum all sources for the lineal year ending June 30,1878, as $257,763,878. The ordinary expenditure# for tli> same period were $288,904,338, leaving a surplus revenue of ?20,799,551, which was applied as follows:? 'To the redemption of United Stated notes, hti $13,119,825 To the redemption ot fractional currency. 3,855,368 To th" redemption of six per c eat bonus lor the sinking fund 78,9.10 To increase o.'i ash balance in the Treasury. 3,750,408 Total $20,709,361 Tlie amount due the sinking fund for the year was $35,429,001, leaving a deficiency on thiH account of $14,029,449. There hti* boen a net decrease in the receipts from all sources for the year of $11,280,707, principally due. as the Secretary states, to the falling <>&' in tlie receipts from internal rcveone, which vras probably caused by the agitation In Congress, for a long time, of the reduction of flic tax on spirits and tobacco. The expenditures show au Increase of $7,781,729, as follows:?In the Navy Department,.$2,4* 15.3(1(1, and iu the int "rest on the public debt, ?5,376,36,!?the lat ter of which was due to the large balance of $7,426,0.19 unpaid interest nt. tbe commencement of the year and to the change irom semi-annual to quarterly pay ments of int< rest on six per cent bon'l# converted into four per cents, which would not otherwise have been made until after the close of the year. There was a decrease of $9,477,411, as follows:?In tbe War Department, $4,928,588: in the Interior Department, ft .174,460; in the civil and miscellaneous, *3.1)74,368? making a nit decrease in the expenditure* of $1,695,682. FISCAL YKAB 1879. For the present fiscal year the revenue, ertual and cntiraatnd, will l>c as follows:? Total receipts $2fi4.5(10,000 Total expenditures ?_>40,100.imk) leaving a balance of $24,400,1100 aj>rlicable to th<- sinking fund, which is estimated for the year at $36,954,607 87. FISCAL YEAH 1880. The revenues of the fls.-aj year ending June 90, 1880. npon existing Is a s will be:? Total ordinary receipts $084,600,000 Toul est!mated expenditures, including ?inking fnnd ' '176,157,250 Or an estimated deficit of $ 10,1,57,250 Excluding the sinking fnnd, the estimated expendi ture* will be $150,354,912, showing a surplus of $18,165,087. By direction of the President the estimated expen ditures for the next fiscal year have been based upon the appropriations made by Congrchs for the present fiscal year. The rale has been dppartrd from only as to those brauchea ot the pubis- service belonging to departments the heads of which d"(-m the estimated increase indispensable, or where existing law demands a greater sum than was appropriated. ur.MxmoN qi sffcm patwf.sts. In reference to the resumption ot specie payments the Hecretary says .the duty imposed on the depart ment by the lb-sumption act has been steadily pur sued during the past year. Three of its provisions have been substantially curried into execution by the gradual substitution of fractional coin for fractional currency by the free coinage of gold and by free bank ing. There remains only the completion of prepara tions for resumption in coin on the 1st day of Jan uary. ls79, and its maintenance thereafter upon the basis of existing law. INCREASE OF BCMNRSS. Every step in these preparations for resumption lia.< been accompanied with increased business and confidence. The accumulation of coin, instead of iucreasing lta price, as was feared by nrtny, has steudily reduced its premium in the market. Tim depressing aud ruinous losses that followed the panic of 1873 had :iot diminished in 1875. when the resump tion actpaaaed; but every nn-aaun- taksn in the exe cution or enforcement of this act lias tended to lighten these loss- s and to reduce the premium on coin, so that now it la merely nominal. The present condition of our trade, industry and com merce, hereafter more fully stated, onr ample reserves, and the geuerul confidence inspired in our financial condition seem to justify the opinion that wo an impaired to commence and maintain re sumption from ifn-l stb r tin- 1st day of January, fi. 1879. The means and manner of doing this .ire left largely to the discretion of the Secretary; but, from tli>- nutnri "f the duty tmix sod, lie must rc stere coin and bullion when withdrawn in the process of redemption, cither by the sale of bonds or the use of the surplus rvrcuue, or of the notes rwhs mod from time to tine-. The power to sell any of the bonds de scribed In the Refunding act continues after as well as before resumption. Though it may not lie often used, it is essential to enable thl*. department to meet emergencies. By It* exercise it Is anticipated flint the Treasury at any time <-an readily ohialn coin t, reinforce the reserve already nr-uumuktted. United States notes must, however, 1? rheehiel means under existing law with wbH-b the department must restore roin and bullion when withdrawn in proc60* Of '-ed, luption. The notes, when redeemed, must nc ccssarily accumulate in tho Treasury until their su perior two and convenience for circulation .uiables the department to exchange them at par for coin or bull ton. stLVrjl COIN. Win n the Resumption act passed gold was the only coin which by lav. was a legal 1 sutler in payment of ul) deb's. That act cotitemplatid rosmmpiinn in gold y?'iu <*0y. No sliver com " full legal tender could then bo lawfully lastied. The only silver coin pro vided was fractional coin, which was a legal tender for $6 otily. The act approved February 28, 1*78, made a very important change IB our coinage ay s teui. Tb? silver dollar provides! for was marie a legal tender for all debts, public uud private, i xri-pt whern otherwise i-xprcanly stipulated in tho contract, lbs in Issued v imuunt of this com issued will more property h? stated hereafter, but its *ITis-t upon tho problem of resumption should be here mtrMsNL The law it-olf clearly ?i,o,vs that the silver dollar was not b> sui,on-ede the gold dnllur; nor did Congress propose tw .el pi the iugle -'airlard of stiver, lint only to cr 'ate a bimetallic standard of silver uud gold ot equal value and <-<|U;t 1 purchasing power, ('on gr? as, therefor a, liuiitcit tin- amount ?' silver d diars to In- coined to not leas titan fw.tMMkifi, nor mom than $4.01*1,not) per month, but did not limit the ag gregate anionic m r the period of time during whk h this coinage should continue. The market value of the silver tn the dollar at the date of the passage of the act was ninety-three and one quarter vents In gold coin. K< v.- it is nlio.tt etglity-six cents in goitl coin. if it was Intruded by flongrrss to adopt tiie silver instead of the gold i tandurl the amount provided for is totally inndaqante for the purpose. Jfatpufteure, not only in thl* country, but tu European countries, ha* ewtabliabed that a certain nBiount of silver coin may be maintained in circula tion at par With gold, though of lean intrinsic bullion value. It was, no doubt, tho intention of Congress to pro % Ida a coin in silver which would answer a multi tude of tho purposes of bnaines* lilr, without baa ishiug front circulation the established gold coin of the country. To a< oonipltah this it Is indispensable etthcr that the silver coin be limits:! in amount, or that its bnllinu value is- equal to that of the gold dollar. If not, Its u?i- will Is- limited to domestic purposes. It cannot he exported except at its com merchil value aa htilllon. It issued in oxcesa of ?b - titsuds for none stic purposes It will necessarily fab in market value, and by a wall known principle of finanrs will become the sole floin standard ot value, Uold will be either hoartlod or exported. When two curt-curies, both legal, am authorised without limit, the cheais r alone will cir etlhate, if, however, the iasno at the ailver dollars I* limited to an amount ih-utauded (or circulation there fill be no depreciation, and tfv-lr enuvonlent use will I keep then lit par with gold. as Iraotinnal silver c-oln, issued under tint gft approved February 21, tMM, wit* kept at par with gold. nit. musky nmnnmt, It nppears frout tho recent conference at Paris, In vite I or us, that other nattona will not join with u* in fixing an international ratio, aud thai each country must adapt ita laws to it* own poliay. The tendency of late among rnnimercial nations is the adoption of a single standard at gold aud tha issue of all ver lor fractional ocln. We may, by ignoring tills tendency, give temporarily intiinaaiwl raltto to the stor'/ of silver hold l?i <term*tiy md France until rou market .tleorbv thttll, liXthf ari-ipt lug a silver standard as nearly equal to gold *.< practicable we tnaki ? mvr t, i - ir our large prodth iloii of ailn r *nd ftlftiis>i ,? lull, bote -d dot]at that will he hoarded, tfMHtportnd or circulate 1, without disp*ragement or leptvtw-h. It la respieTtillly submitted Mist tne l ulled mites, .ill- adj ao largely Interne ted in trade with alt parts o' the world, and becoming, by ita population. wealth. con.tuerre and production*, a leading member of the family of nation*, should uot adopt a .standard of loan intrinsic value thuu other commercial nauous. Allien interested in silver and gold, as the great producing country of both, it should coin thciu at such u ratio and on such conditions as will secure the largest una ami circulation of botli metals without displacing cither. Gold must necessarily be tho standard at value in great transactions, irom its greater re la live value, but it is not capable of the division required tor small transactions, while silver is indispensable for n multitude of dally wants and is too bulky for use in tho larger transactions of business, and the cost ot its transportation for long distances would greatly increase (lie present rates of exchange. It woultl, therefore, seem to be the best polity for the present to limit thu aggregate issue of our silver dol lars, based on the ratio of sixteen to one. to such sums *8 can clearly be maintained at pur with gold, until the price of silver iu the market shall assume a dciiuite ratio to gold, wheu tiiat ratio should bo adopted and our coins made to conform to it; ur.d the S eret iry respectfully recommends that lie be authorized to discontinue the coinage of tho silver dollar when the amount outstanding shall exceed $.10,00 i.ooo. The Secretary deems it proper to state that in the meantime, iu the execution of the low as it now mauds, he will feel it to be his duty to redeem all Uuiiel States notes presented ou and utter January 1, next, at the office of the Assistant Treasurer of the United States in the city of New York, in sums ot not less than $50, with either gold or silver coin, as de sired by the holder, but reserving the legal option of thn government; and to pay out United states notes for all other demands on the Treasury except when coin is demanded on coin liabilities. It is his duty as an executive officer to frankly stale his opinions, so that if ho is iu error Congress may prescribe such a policy as is best for the public interests. 1'UMDlItO. The amount of four por cent bonds sold during the present year, prior to November 'J3, in #ltKVJ70,9U?. of which $94,770.1103 were sold under the refunding act approved July if, iw7u. Six par ccut bonds, com monly known as live-twenties, to an equal amount, have been redeemed, or w?i be redeemed as calls ma ture. This beneficial process was greatly retarded by the requirement of the law thut subscriptions must be paid in coin, the inconvenience of obtaining wlii ii. to the great body of the people outside of the large cities, deterred numy solus. The three mouths' public notice required by the fourth section of the refunding act to be given to the holders of the live-twenty bonds to lie r<deemed neces sarily iiivol-. is a loss to the government by the pay ment ef double interest during that time. Thenotiee should not be given until subscriptions are made or are reasonably certain to be made. Wbeu they are made and the money is paid into the Treasury, whether it is kept there idle during the three months or deposited with national buuUs under existing law, tlie government not only pays interest on both classes or bonds during the ninety days, but, if the sales arc large, the hoarding of large sums may disturb tile market. Under existing law tnis is unavoidable, and to mitigate it the Secretary deemed it expedient during the hist summer to make culls iu anticipation of subscriptions; but this, though legal, might, in case or failure of subscriptions, embarrass the govern ment iu paying called bonds. The long notice re quired by law is uot necessary iu the interest of tho holder of tho bonds: for. as tlir calls are made by .public notice and the bonds aro indicated and speci fied by elMa. data and number, in the order af their numbers and issue, he by ordinary diligence can know beforehand when his bonds in due course will probably be railed, ancl will not bo taken by sur prise. The Secretary therefore recommends that the no tice to bi. given for enlled bonds be, at his discre tion, not less than ten days nor mora than thrcn months, in this way he will be able largely to avoid tho payment of double interest, fs well uu th<- tem porary" contraction of the currency, and may tlx the maturity of the cull at a time wheu the interest of the called bonds becomes due and payable. The Secretary then refers to the desire of the. de partment to popularize the public loans and the ef lorts made in tout direction. The popular loun of 1S77, open to all alike by public advertisement, ab sorbed $75,0 hj.uo i of four per cent bonds, and during the present year these bonds have been sold in tl:e same manner. ? It is suggested that the department be authorized to tsene certificates of deposit of the United States of tho denomination of f 10, bearing interest at the rate of S.Ci per rent per annum aud convertible at any time within one year utter their issue into the four per cent bonds authorized by tho hefuudiug act, and to be issued only m exchange for Unittxl States notes sent to the Trnasury by mall or otherwise. The monetary transactions of the government are then alluded to by tho Secretary, the lull details of which appear in the Treasurer's report already pub lished. THfc NATIONAi. BANKS. Secretary .Sherman then refers to the report of the Comptroller of the Currency, also heretofore pub lished, aa presenting full aud int. resting information as to the national banks. The advantage.- of tho sya tcm over any other before existing in this country and possible only with a national system arc;? ftrs.'?Tho security of the bill holder trom loss through failure of tho bank. JSttniul?The rapidity and certainty of the detection aud prevention ot counterfeiting, trom the fact that the uotea aro engraved, printed and redeemed at the Treasury Department. Third?Tlie frequent and cureful examination of the batiks and the. publication of the detailed statements of their oombtiuu. fourth?Uniformity and free circulation of the notes throughout the United States, without respect to the place ot their issue. filth? The admirable provisions by which failing banks are placed in liquidation and their assets cheaply and promptly applied to the payment of creditors. ODIN* ANI> COINAGE. , The anunal report of the Director of the Mint. ex | hil>iU ill detail the operation* of the several mint a i and unsay offices, and also presents iutcrosting in tor ! mat 1011 relative to the production of gold and silver | in the United States, the estimated amount of gold and silver ("in and bullion in the country, the de preciation of silver, the poaitiou ot iuo American trade dollar in the Oriental trade and other subjects connected directly or indirectly with the coinage. The value of the gold coinage executed during tin- luat Use*! year was fo'i.T'.iM.'.ltvl Of trade dollars 11,:<7H,V1(1 Of standard silver dollars N,.77:l,fi(iO Ot fractional silver coin N,:uy,;n6 And ot minor coin ?o,<Ri4 A total coinage of $Hl,JJo,i'm In addition to the coinage flue aud unpsrti d liars wire pi pa roil for depositors in the smount of Si in gol'l and rll,rt64,:bi5 *7 in sliver. It is maui.tst, front the proven capacity of the several mints, that our coinage facilities arc ample for all j purposes. The present proilnetlon ot bniuon from ? lie mines 01 tie- United Mate* appears to approxt lnatc filbU.uuO.UUU in value. All the golu bullion pro ' duoed in the country contains more or less silver, aud 1 the greater portion ot tne silver bnllion from our mines contains a percentage of gold, making it diffi cult to di teriuiuc with accuracy the proportion of it 'll. It ta tits, however, to state that the produc tion ot the two tnetals, i iNlitnl at their coining rales, is ueai'ty cpml. btrriK* or iMt-orrs. The embarrassments alluded to In the last annual report in regard to the coileutton of duties on sugar have not ci used. .Seizures have been made uf cargoes ot sugar claimed to Is: urtillclally colored (or the pur pose of reducing the duties at tho Custom Mouse, m d a snit involving one of these casts was iri-d at ilaltiluore at great expense to the government and to the importer*, and was icceutly concluded, the verdict Is mg that, tho sugars were artificially colored afw the process of iiMiiufeetiire was eolu ph'tod, hut thai it woe not proven that the < imports* of tli" sugars had a know ledge then of at tne time ot making entry. Though the claim of the g ivemmunt that tne sugars hail Is in artificially col ored for the purpose <>. deirauiiiug the revenue is , lmviMUiuiea, it is powerless, under the anti-muicty act ot aune'Jf, ls7t, to enforce (tin s, jieualtics amt fur ' iolitiri'S against pcrsoua or property, unless tin re is proof uf guilty knowhrdgu o. rr.oid. THK HAWAII \> Til*.ATT. In tliia councutiou tliu attention ot congress ta railed to the op rations of the reciprocity tri aty between Hawaii ,iud the United "dates, concluded January III, IS,:,. The value of goods slopped froni tiie (iiiihu htatis to Hasan fur the year elided December II, 1*75 (the jear before the treaty went into operation), was t'M" ,'M*i And tor the year ended U "'ember 91, 1N77... l.o'a.sort Kxroes in 1K77 over 1175 f*lil,r>45 Tne duties siirnmdeted by virtue of tha treaty on goods imported into the Uuind s arcs for the yi.ir ended December .11, ? J(?77, were K11.2HA Difference b.tWOMi duties remitted by the United States tli ls77, and vallle of excess of Imports in 1*77 over 1*7.7 flA.Mtl So tttst we iiave > urrenderi'd duties in an ainouut | greater than Ibc entire uxcess ot exports In 1*77 ottfr those of 1*7.7. Ut ttie duties thus surrendered in 1*77 9711,7H1 was on sugars aloin . The advantages liavu thus far not been reciprocal, but, as has lieeu shown, have iM-eu largely in tavor of Hawaii, and it is probable that the licit*fits in favor of Hawaii will increaae largely. 7 xpottTs axij rut touts. The goid values ot tliu exports of merehamtise from uie Unit'd ."Hates aHl imports of merchandise Into the t niteil Htaies during tne last Usual yeaf, OS iijijiesrs from rettirmt male to and compiled' by tho bureau ol Statistics, are as follows:? I'.xports ot domestic merchandise ItvMi.iOV.'hM Kx ports of toreign juarchstidisu 14,1A<1,499 Total exports or racrchandlMe W>4,*tiA,7*ll 1mporta oi nierehsudise 4d7,UA1.7tfJ Kvcsre of exports over imports of rner chsndisi -iAT.H14.XM ('niuparrh with tho previous year the importation* are lest by f i 4,'J1 I,.V.'4 mid tha exportstious g-eater by fitfl.lPl.Htt. The siimisl average of the excess of Imports over exports ot itici chMidine for the ten years ended Jnnn 911,1979, wus f io4,7iHi,iri'2; but during the last three years then- hits been an excess of exports over itn JsTts as follows:?In 1*7*. |7W,(>4:i,4*l; in 1977, 9MI.lfia.UM, and in 1?7K, The h.tal aruouut of exports and imports of specie and bullion during tha lust fiscal year naa bcu us tol* lows:? K.tpnrta of specie. and bullion $99,749,199 import'! of specie and. bullion itl,H'it,:ll4 Excess of c .port" over Import* ftl.UI*,Sll With otic or two important exei pfi'His the Uniteu wtates Mauds alone among tlta commercial uaiton>< of liieglolNi With respectfio thaexcana of exports over imports. The increaae in our exports consisted instnlv of breads! ufh. provisions, agricultural lm plements, Iron and manufactures of iron, copper and lnauufb toivs of copper, manufactures of cotton, leathvr and manufacturea of 1< atlirr. nod petroleum. The exportation ol the maaubicturud articles r.v ferrcn t?> increased from it 14,287,488 in b.i>i| to $37,350,882 iu 1?7H. -Jinny highly wrought products of American manufacture previously exported in very hsuiM quantities, or not at all. now Itnd profitable market* in foroigu countiius, and cer tain of these commodities wo now being exi<orte;l to constrict* trout which, a few years ago, they were largely imported into Bio United States. tNri.ttN.vL REVENUE. The receipt* from the sew ml source* of taxation nntler the iutcrnul revenue laws for the fiscal years ended, respectively, Jutiofiu, Jtt)7, and -Ititle IW, 1878, are shown in the following tabular statement:? Suit ices. 1877. I s7s. Spirits $87,469,439 $69,430,815 Dec.. $7,018,613 41,10!,!*>48 40,091,754 Doc.. 1,014,793 Fcrin en t ed liquor* 0,400,700 'J, *17.051 luc.. 456,363 Hanks and bankcrs.... 3,839.739 S.I'.iihOUl llo1.. 1)37,607 Penalties, &c. 410,trim 316,007 Dec.. 73,991 Adhesive stumps 6,450,439 6,380,405 Dee.. 70,034 Hack tuxes un der repealed law* 338,360 439,658 Inc.. 191,303 Total* *118,996,184 j> 111,037,705 COMMERCE AND NAVIGATION. The total tonnage of vessels of the United States is 4,313,764 tous, a decrease of 30,836 tons from that of the fiscal your ended June 30, 1877. The following table exhibits tiro total* tonnage for the last two years:? I 'esse!*. Tons. Registered, engaged tu foreign trade 3,988 1,611,103 Enrolled and licensed, engaged in doniestie commerce 3IJM 3,631,407 Totals 95,386 * 4,313,600 1878. . Vess-ls. Tons. ltegistcred, engaged in foreign trade 3,007 1,639,047 Enroll.<1 and licensed, engaged iu domestic comnieree 33.337 3,583,717 Totals 36,384 4,313,761 The decrease in tho tonnage is exhibited in the fol lowing table:? Increase. Xum'.er, 'Tuns. Vessels built 1,358 335,501 IVrecked and rehnllt 1 183 Balance (absolute decrease) 133 39,831 Totals 1.341 365,535 /Jeered*'. Xuktbtr. /lis. Sold to foreigners, 13s 43,r>n7 Lost at sea.. .4 T'tO 169,647 Abandoned 4S3 56,195 Eos* by rvadnieusurouicnt and ves sels not documented 20 176 Totals l.lsl 366,635 The tonnage of v essels built is about 33 per cent in e.v ess of that of last year. Toe vessels built during tho year ended June 80, 1878, aro classed as follows Xumber, Tonnafie,. Sail vessels 533 lOO.oW.et Stesni vessels 834 81,889.60 Enrolled canal boats 19 1,908,60 Barges 378 46,06S.9i? Ttu- total number of entries of vessels Into ports of the United State* from foreign countries, as returned by the Bureau of Statistics, during tho year ended ?June 30, 1878, was 80,798; of these entries 10,694 werj of American vessels; the total number of clearances (foreign) during the samo time was 81,364; of this number 10,873 were clearances of American vessels. Of too total tonnage thus entered about 35 percent was American and 75 per cent foreign: of the total number of clearances (foreign) about 36 per cent wa# American and 74 per cent foreign. The remainder of the Secretary's report is devoted to steamboat inspection, tin- revenue marine, tha life saving service, the lighthouse establishment, tha coast survey, the rnarino hospital service and puhlia buildings. ELECTION TltOUHLES IX THE SOUTH. EXTRACTS FROM THE ANNUAL REPORT OP THE ATTORNEY IS ENEBAL?1 BAUDS, INTIMIDATION AND PERSECUTION OP FEDERAL OFFICIAL! CHARGED?THE REMEDY PROPOSED. Washington, Dec. 2, 1878. The annual report of Attorney General Devena, which waa sent to Congress to-day by tho President, is a very voluminous document, devoted mainly to detailed atatements of the business transacted by the Department of Justice and the district attorneys, marshals, Ac., under its control during the last fiscal year, but it also contains several passugos of very general interest, the most important of which arc herewith given. Under the head of "Protection to Civil Officers," the Attorney General says:? It is important that additional provision should be made for the protection of the executive civil officers. The punishment now attached to a rcslstauce to the process of the United States courts is not pro portionate to the crime of murder which, in frequent instances, have been committed upon deputy mar shals because they have arrested or endeavored to arrest violators of the law. It should not bo left to the State to determine and enforce the penalty for an art against the execution of Justice of anch serious character, but appropriate legis lation should enable tho court wli<>so author ity has been defied and whose faithful olflcera have boon killed to administer the penalty which the crime deserves. It is, unfortunately, too clear that If this duty be left to the courts of tlir States it can not be existed that in certain portions of the Union it will now l>e faithfully and efficiently performed. VfOI.ATIllS* Of THK MRKHtL PAW*. -Ob the subtect of violations of the federal elect lo? lawn the Attorney Oeneral nave:? Information which I received from varion* tenure-a led uii to believe previous to the mceni Congrcss ienal elcqtiou* thai sueh interference witli the canvas* preceding It had taken place, and was reasonably to b? With tlir election itsoif that the attention of the uttlrer of this l>epartim-ut abouM, In i?rtxi.i loeaiitier, be called to infractions of the lawn wiiii'li had occurred or which might be expected, and to too necessity of doing all in thetr power to prewont them and to secure a fair election. In sonic iiistane-ns it was deemed to have boon fully shown that peaceful meetings, lawfully called for tlir advocacy of particular candidate* for Congress. bad been intrude:i upon by armed band*, under thespee-iou* pre-iext of ken-ping tlio peace, prevention by uiuordcr* and ruffianism the or ganization or tile proper holding of such Mice tings. I'iie Attorney Oenrral'a ofllee is not provided with lie; mean* of any general in dent i>f iuve-stigatlou ef infractions of the law*. It elejs'net* tua.nly upon tho report* of facta in individu.-ti case-a, made oy thv otBeera of the department upon the ground and on tlieir request.* for instructions in regard thereto. iiiK nanw chaiioku. Availing myself of tlieae a* well ?* of information from those pnldie sources whieli are- commou to all, it ia apparent that in various part* of the Union, especially iri certain portion* of the-Statu* of I*juls iatia. South t'aroltna, IVxas und Virginia, Instanc e* of unlawful cumhlnstlem and violenee, ititeudod to pre vent u frwe and pcxcotul aelviieacy of candidates for Congress, occurred previous to tUo day of election, and upon the day of election del 11 srrate fraud* were resorted to In voting and canvassing the votes, often accompanied iiy thrcata and iutitni elation. A tri qucnt outrage upon the purity of tlia bailed was In what Is familiarly known as ballot bo* siuthlug," and eonaisted ia preparing the lsixe* by depositing tkurein IsWare thy voting commenecd of alter it a as conclueicd large numbers ot fraudulent ballots, anil alr<> by folding smaller ballots w it bin a Urge <>n<' in such a way tnat they conhl Is; shaken out by the voter ;v* he- deposited his ballot or afp-r vard by those; who lead ti.e- enstody ol tlia box. Tlita fran t was iccomplishM by tnr nss of siuait bed lot* printed upon tissue pajs-i. and was pa ?? pe-1 rate el iii *o many dlRereiit places, ami witli tieaota s'i earetully prepared and of studi similarity, that it canuot bo doubted tliat It was Us result of au or ganized cidisptrai-j eif senile e entral dires t lug agency to elefi-at the Will ot tliu people- and falsify the; true result of the; election. e OW UIIIL.Y Mt'KilKM*. The eanviiss ruei e lection went aoooinpaniod in tha State of lamlsiana by a se ries of cowardly and erne! murder*, ihconiy apparent inotiv* for which was to prevent the colon*! people troui iixei'e isiug tneir right of siittrag ?. These murder* incurred in Caddo, IVn sas, NaP-httocbs* and othwr |>ar1sbo*. It has lieeu iny duty to advise the proper subordinate oflleera of tiia ele-partnient, in sue b maimer aa aoeuud boat call ulab"t to secure the end* of Justice, to promptly assert and entoree the authority of the laws of the United MtaPs* in order to bring to jit*lies those who have violate 1 them. I have seen no reason to believe that any ar rests which they have; caused to bo made have not been rnliy Justified or that they have acted othe'rwin* than aa their elnty plainly demanded. MUKtCVItUX IIP 1KHKHA1. IiKFR'KHS. 'tile ntt. nipt to bring to Jtistie-e: the violator* of the law has. however, been followed by a ay*tem of per secution ot United states oiheers and of w'tiiiu?aei* I who lisvu been eulleel to testify in regard to to* I transactions complained of, which eauuot !*? too i severely Seimlemihd. This resistaiiee to the laws of ! tha United htaP-s baa in aom? instaoers ti-ken tha l'orin of brutul vlolmu-e, but uioro guner I ally that of e-oiiiplaiuta and pruaocution* under tlia tttatc laws for alleged olfe-nres. In such proeeedlngs ball hus sonietlinna I men refused I or lived at Hiuoiiut* so exorbitant that tha aeeuseil could not be expected to lie able to obtain it. I The eliara-ter of the pros* -nitons tuny perhaps :>* ls<tti'r ilrnlerstooel when It ts observe I that targe Mint f l? m ot them are for alleged perjuries oouiui.tted huior* United HlaP'* Cniiitiiinaioiiera or the courts of the t ntteel Htste*, ntfi-ners of which it Is rntitvly elewr (hut the States have no Jurisdiction. It will be my e ?ort fairly but decidedly Pi do ali iu my power te? execute the laws or the I uitNl States regarellug tha purity eif election* in the samel way as all its other laws, and Pi bring to .lustico those- who harw violated than i. S"lii" a lelltt >n to the nntli ipateel ? apenses of this ilejmrtbii-tit for the- enPTeut year ffily be orcadnn1 el by dot tip this thoroughly, ami ttie i uians f >r meeting til ??? *lloOld is- proiHM I ll- I. Oe-gre '-M. i I'l'-pee ttully Miiunit to tin ee1 iieele-rat m ?<, e uegr< *s w.i -fuur a.i elitional provisions may not ts unnle more ?tThe-ttvjIy to protei-1 eitlb it* elf tlia t'nlteel Stares anil WItlir-ee'* silUIUloile'el oil It* bi lls'! against muscles* prosecu tion*, and to i nable. than to traual'e-r the exaiuiuntio? ot thera to the court* ot the United Mtntos.