During the tolerance of deliberations you’re called so you’re able to mourn along with your countrymen this new loss of Vice-President Hobart, whom introduced using this life into the day out-of November 21 past. Their private lifestyle are natural and you will increased. while their social industry try actually ever distinguished by the highest skill, metal stability, and you may exalted motives. He’s got 
come removed from brand new highest office which he recognized and you may dignified, however, their lofty reputation, their dedication so you can obligations, their trustworthiness of mission, and noble virtues are with us because a priceless history and you may analogy.
New 50-6th Congress convenes within the earliest normal concept into nation in a condition out-of unusual success, out of common a beneficial usually one of the people yourself, and in connections out of comfort and you will relationship with each authorities out-of the country. Our international commerce has shown great rise in regularity and value. The new mutual imports and you will exports to your seasons will be the prominent ever shown of the just one year throughout the background. All of our exports to possess 1899 alone exceeded from the over a beneficial mil dollars all of our imports and you can exports shared inside the 1870. Brand new imports for every single capita is 20 percent less than in 1870, as the exports for each and every capita are 58 per cent more within the 1870, appearing the fresh expanded capacity of the You in order to satisfy new wants of the individual broadening inhabitants, as well as to donate to those of the brand new individuals off almost every other places.
The newest Secretary of one’s Treasury prices that the invoices to your most recent fiscal seasons commonly aggregate $640,958,112, and you will on the basis off present appropriations the fresh new expenditures commonly aggregate $600,958,112, making a surplus from $40,one hundred thousand,100
Exports regarding farming circumstances was indeed $784,776,142. From are available issues we shipped in the value $339,592,146, becoming bigger than one earlier 12 months.
Government receipts regarding all the offer to your financial year finished Summer 29, 1899, and additionally $eleven,798,314,fourteen, region payment of one’s Main Pacific Railway indebtedness, aggregated $610,982,. Society receipts was $206,128,, and people out-of inner cash $273,437,.
It is a notable proven fact that the only age throughout all of our background in the event the things of our own manufactories ended up selling overseas surpassed people bought abroad have been 1898 and you will 1899
The present rewarding strength of Treasury is actually shown by the simple fact that towards the December 1, 1899, brand new available cash equilibrium was $278,004,, Where $239,744, was at silver money and bullion. The latest criteria regarding depend on and that prevail from the country possess put gold with the more general fool around with and you will traditions receipts are in fact nearly completely paid-in you to money.
The latest solid standing of the Treasury with regards to money on ring together with positive showing created by brand new revenues have made they possible for the new Assistant of one’s Treasury to achieve this within the terms off section 3694, Modified Laws, concerning the sinking-fund. Invoices surpassed costs towards the very first four weeks of the most recent financial season by $thirteen,413,, and you will, as stated significantly more than, the latest Secretary of one’s Treasury estimates there was a good excess around $40,one hundred thousand,one hundred thousand after the season. Less than like standards it was deemed a good option and you may proper in order to resume conformity into the conditions of one’s sinking-finance rules, and that to have seven age was not done because of inadequacies from the revenues. The fresh new Treasury Institution thus available to purchase during the November $twenty-five,000,000 of one’s 5 % mortgage out of 1904, or even the cuatro per cent funded financing off 1907, in the current ount considering and you can bought during the November is $18,408,600. The brand new advanced repaid by the Regulators into such as for example sales is actually $2,263,521 and also the web saving from inside the focus involved $2,885,100000. The success of so it process are sufficient to trigger the government to continue the deal to buy bonds to help you and you may including the 23d day of December, instantaneous, until the rest of the fresh $25,000,000 called for is displayed meanwhile having redemption