TABLE 65.—List of places where American vessels have stranded in foreign waters, &c.—Cont'd. Name of place. Lockville, Geograph Bay, West Australia.. Macassar Straits, East Indies Madison Island. Madeira Island Magdalen Island, Gulf of Saint Lawrence. Malpec Bar, Gulf of Saint Lawrence. Mariguana Island. West Indies Mariguana Reef, Bahamas. Marfa Drychon Beach, Cardigan Bay, Wales. Mayo I-land. Cape Verde Group. Monte Rugginore. East of Sardinia. Moselle Shoals, Bahamas... McNut's Island, Nova Scotia Nagg's Head, Lonisburg, Cape Breton.. Newport Roads, Wales... Noel's Point Reef, entrance Saint George's Harbor, Island of Grenada Palance Shoals, near Manila. Para River, (mouth of,) South America. Port Maria, Jamaica.... Progresso, Mexico Prospect, Nova Scotia Quoin Point, Cape Good Hope, Africa Rocas Reef, 125 miles northwest of Cape Saint Roque, Brazil.. Rum Cay, Bahamas. Sable Island, Nova Scotia Saint George, New Brunswick Saint Mary's Bay, Nova Scotia San José de Guatemala Scarborough Shoals, China Sea. Sicily Island, near Avola. Soldier's Ledge, Tusket Island, Nova Scotia South Bemini Shoals, Bahamas Stackpole, England.. Straits of Magellan, South America. Saint Pierre, Newfoundland Talbot's Passage, Cape Horn.. Taylor's Bank, River Mersey, England. Tonala Bar, Mexico Tongue Island, English Channel.. Torkeo, (near) Sweden Trial Island. B. C. .. Turk's Island, Great Sand Cay. Turk's Island, Middle Reef, Bahamas. Turk's Island, Northwest Reef, Bahamas Tuspan River, (mouth of,) Mexico.. Tuspan Bar, Mexico... Valdes Peninsula, Patagonia Verdon Roads, (near Bordeaux,) France.. Wood's Island, Bay of Islands, British America. INDEX. I.-REPORT OF THE SECRETARY OF THE TREASURY. Act of March 18, 1869, pledges the faith of the United States to make provision at the gives gold the precedence in the statutes of the country that it holds in the commercial Act of June 20, 1874, should be so amended as to authorize the awarding of life-saving Page. XII XX XX XXXV Act of January 14, 1875, declares in effect a monetary system combined of coin and national. XII XII limits amount of silver coin to be issued to the amount of fractional currency to be re- XX XVI provides for the increase of the volume of gold coin by cheapening the coinage of gold XV in the Treasury July 1, 1876, explained. requires the substitution, as the business demands of the country may require, of requires the ultimate redemption of legal-tender notes on aud after January 1, 1879, as Appropriations, large, for new public buildings not advisable. sufficient, should be made to insure rapid completion of buildings already begun. Balance in the Treasury June 30, 1875, including deposits of coin, and United States notes in the Treasury June 30, 1876 of cash in the Treasury July 1, 1875, difference between, as shown by public-debt state- XV, XVII XV XXXIX XXXIX XL XL III IV VIII IX Buildings, public, work on has progressed satisfactorily during the past year. XXXIX large appropriations for commencing new, not advisable. ΧΧΧΙΧ sufficient appropriation should be made for the rapid completion of, already begun. XXXIX Building, appropriation for the construction of a suitable, for the Light-House Board recom- Claims against the Government. Appropriation should be made to examine confederate XL Coast Survey, operations of, during the year. XXXVII Coin, the money of the Constitution XUI legal-tender notes regarded as a substitute for, an anomaly in our monetary system. XIII XV silver, amount of, to be issued limited by act of January 14, 1875, to amount of fractional XVI silver, issue of, under acts of April 17, 1876, and July 22, 1876, in exchange for fractional XXI Coin, silver. Act of January 14 1875, requires the redemption of outstanding fractional XV silver, the demand for, still equal to the capacity of the mints... XXI gold increase in the volume of, to be brought about by cheapening the coinage of gold bullion.. XV Coin payments, the, to which the faith of the nation was pledged in 1869, was gold and not XXI Coinage, capacity of mints believed to be equal to the, in the present year, of silver equal XV amount of, of gold bullion. cheapening the, of gold bullion a means of increasing the volume of gold coin. XV XV XXIV XXIV XXIV XXX, XXXI XXX XXX XXX XXX statement of the number, class, and tonnage of vessels officially numbered during the XXX.XXXI Commissioner of Internal Revenue, report of. Comptrollor of the Currency, report of... XXVII XXIII Page. Court of arbitration, organization of, suggested as a remedy for delays in settlement of XXV Currency, volume of, largely in excess of real demands of legitimate business. XVIII fractional, redemption of, in silver coin required by act of January 14, 1875. XV XV proportion of collected at the port of New York fractional, and legal-tender notes sent to the Department for redemption, express charges national-bank, amount of additional, issued since the passage of the act of January 14, Customs-revenue, amount of, for the years ended June 30, 1875 and 1876 amount of for the first quarter of 1877 litigation arising from collection of, has so crowded the docket of the courts in the great loss of, has been suffered from excessive allowances for damage to imported mer- XXV fraud on the, can easily be practiced under this system. Duties on imports, amount of receipts from, for the years ended June 30, 1875 and 1876 litigation arising from collection of, has so crowded the dockets of the courts in the remedies suggested for delays above-mentioned: second, establishment of a revenue court in the southern district of New York, exclu- Estimated receipts for the second, third, and fourth quarters of the fiscal year ending June Employés in the customs service, salaries of, to be reduced 10 per cent. on January 1, 1877 XXV V. VI Estimated expenditures for the second, third, and fourth quarters of the fiscal year ending ΤΙ Estimated amount of surplus revenue for the fiscal year ending June 30, 1877. VI for fiscal year ending June 30, 1878. VII Estimated amount required for the sinking-fund for the fiscal year ending June 30, 1877. Expenditures for the first quarter of the fiscal year ending June 30, 1877. Expenditures, estimated, for the fiscal year ending June 30, 1878.. Expenditures, estimated, for second, third, and fourth quarters of the fiscal year ending Exports, of domestic and foreign merchandise, coin value of, during the fiscal year ended of specie and bullion... value of, to Provinces of Ontario and Quebec.......... Express charges on legal-tender notes and fractional currency sent to the Department for ΤΙ VII ᏙᎥᎢ XXVIII XXVIII XXVIII XXI Foreign merchandise, coin value of exports of, for the fiscal year ended June 30, 1876. increase in the volume of, to be brought about by cheapening the coinage of gold bul- XT sudden accumulation of, in large quantities deemed impracticable. XV the object of the act of 1873 was to give to, the precedence in the statutes of the country XX was the coin payment to which the faith of the nation was pledged in 1869. XXI Gold bullion, amount of coinage of.. Government obligations, payment of, in coin... Imported merchandise, customs revenue has suffered great loss from excessive allowances Inspectors of customs, legislation recommended giving the Secretary of the Treasury dis- XXVI legislation recommended giving to keepers of life-saving stations the powers of.. XXXVI XXVII XXVII Legal-tender notes, regarded as a substitute for coin, an anomaly in our monetary system. XIII XIII legal characteristics of, settled by the United States Supreme Court. are not and do not purport to be money, but are rather the symbolic expression of the the policy which tolerated the continuance of, after the close of the war a public mis- fortune XIII XIII, XIV XIV Legal-tender notes, ultimate redemption of, on and after January 1, 1879, contemplated by Page. XV XV, XVI, XVII the redemption of, to be provided for by accumulating gold from the surplus revenue amount of, redeemed by the issue of national-bank notes. Legal-tender notes and fractional currency sent to the Department for redemption, express Legislation recommended: to authorize the Secretary of the Treasury to fund legal-tender notes into 4 and 43 per to facilitate the resumption of specie payments to simplify the appraisement of goods, &c., subject to ad valorem duties. Attention of to provide a uniform charge of 5 per cent. for commission in lieu of charges, &c., pro- to require persons exporting merchandise by land conveyance to Canada to file mani- repealing law requiring internal-revenue stamps to be sent to officers of that service by for extending the navy-pension laws to the officers and men of the revenue-marine ser- to provide for establishing a retired list for the revenue marine. to secure appropriate pay to keepers of life-saving stations to provide for the erection of the life-saving service into a distinct establishment.. to authorize the construction of a light-house at or near American Shoal, Florida Reef. to provide for crediting the proceeds of the sale of unserviceable marine-hospital prop- XV XIV, XV XIV, XV XXV XXVI XXVIII XXVII XXXIII XXXIV XXXV XXXVI XXXV XXXVIII XXXVIII to authorize the use of unclaimed money and effects of seamen dying under the care of XXXIX XL district No. 5, embracing the coasts of Delaware. Maryland, and Virginia, has been or- XXXIII construction of stations on the Pacific coast delayed on account of a difficulty in ob- XXXIII difficulties encountered in locating and constructing stations on the Pacific coast XXXIII, XXXIV the subject of proper compensation of keepers of stations should receive serious con- the, should be erected into a distinct establishment XXXIV XXXIV the act of June 20, 1874, should be so amended as to authorize the awarding of life- XXXV XXXV keepers of life-saving stations should be invested with the powers of inspectors of cus- toms Life-boat stations, number of, constructed and where located XXXVI XXXVI, XXXVII number of, discontinued during the year. light-houses, river-lights, fog-signals, beacons, and buoys, number of, established during XXXVI XXXVI number of in use at the close of the fiscal year ended June 30, 1876. XXXVI the proposed introduction of mineral oil as an illuminant for light-houses delayed by a XXXVI the lights recently placed on the western rivers continue to give great satisfaction to XXXVI construction of a light-house at or near American Shoal, Florida Reef, earnestly recom- XXXVII building of a new steam-tender for the Pacific coast recommended Litigation, arising from collection of duties on imports, has so crowded the dockets of the XXXVII courts in the southern district of New York as to occasion great delay in the decision remedies suggested for these delays. the year 1876 than in any previous year. XXV Marine-hospital service, a larger number have availed themselves of the benefits of, during attempts to break down provisions of regulations of, requiring practical examination recommends legislation providing for examination of medical officers of the, similar to amount of dues collected and covered into the Treasury during the year XXXVIII XXXVIII, XXXIX XXXIX XXXVIII XXXVIII Marine-hospital service, repairs to hospital buildings, and furniture, fuel, light, and water for same, paid for out of fund contributed by seamen in 1876 for the first time.. no deficiency appropriation has been asked for since 1873, and none will be asked for 1878 provision should be made to allow the proceeds of the sale of unserviceable marine- increase and decrease of importations of particular items of, during the fiscal year ended Mints, capacity of, believed to be equal to the coinage, in the present year, of silver equal to the fractional currency outstanding Mints and assay-offices, amounts of deposits of gold at National banks, total number of, organized up to October 2, 1876 number of, in operation on October 2, 1876. capital, circulation, deposits, &c., of amount of circulation of, redeemed and destroyed since June 20, 1874 pront on circulation of, depends on price paid for bonds and the rate of interest. National-bank notes, substitution of, for legal-tender notes in excess of $300,000,000 required amount of, issued in substitution for legal-tender notes redeemed amount of additional, issued since the passage of the act of January 14, 1875 years contracts for refunding the, conditions of, and parties to Officers, medical, of the marine-hospital service should have a medical examination similar Page. XXXVIII XXXIX XXXVIII XXXVIII XXVIII XXIX XXXVI XV XXIV XXII XXII XXII XXH XXIV XV, XVII XV XX XXXVIII, XXXIX fo that for medical officers of the Army and Navy stated Public buildings, work on, during the past year has progressed satisfactorily where suflici- large appropriations for commencing new, not advisable sufficient appropriations should be made to insure rapid completion of, already begun.. XXXVI XXXIX XXXIX XL construction of a suitable building for the Light-House Board recommended. XL VIII estimated, for the fiscal year ending June 30, 1878. principal of, July 1, 1875... principal of, July 1, 1876 difference between amount of reduction of, and amount of surplus revenue for the fiscal Receipts for the fiscal year ended June 30, 1876 for the first quarter of the fiscal year ending June 30, 1877. estimated, for the second, third, and fourth quarters of the fiscal year ending June 30, 1-77 Refunding the national debt, contracts for VHI VIII VIII IX 111 V. VI VI XI conditions of, and parties to still in progress XII 4 per cent. bonds issued. XII Resumption of specie payments, provision of the act of March 18, 1869 faith of the United States solemnly pledged to payment in coin or its equivalent of XII to make provision at the earliest practicable period for the redemption of United States XII Revenue from customs, amount of, for the fiscal years ended June 30, 1875, and 1876 XXIV XXIV XXIV force employed in the collect on of the, to be reduced.. XXVI Revenue-marine, satisfactory operations of, during the past year. recent re-organization of, has resulted in inercased efficiency and reduction of expenses XXXI XXXI XXXII statistics of services performed by the, during the year value of imperiled vessels and cargoes assisted by the, during the year.. cadets for the, preparations made for the examination of, &c extension of the navy-pension laws to the officers and men of the, recommended. XXXI XXXII XXXII XXXIII establishment of a retired-list for officers of the, recommended Sinking-fund, how instituted estimated amount required for, for the fiscal years ending June 30, 1877, and 1875. Silver coins, amount of, to be issued limited by the act of January 14, 1875, to the amount issue of, under acts of April 17 and July 22, 1876, in exchange for fractional-currency the demand for, still equal to the capacity of the mints Silver dollar, at no time has the, constituted an appreciable part of the circulation, though Specie and bullion, exports of.. Specie payments, act of March 18, 1969, pledges the faith of the United States to make pro- XXXIII IX XVI XXI XXI XVIII. XIX XXVIII XII |