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This shows a very great increase In all the depart
monts, from 1913 10 1874 There has been the greates
expansion in the circulation which has increased nearly
hundred per cent but the greatest proportiOnste In
crease is in specie.


The high average rate of duty enforced under the
tariff act o le42 appears to have arrested the attention
of Me Bbb the Secretary Of the Treasury and induced
him to prepare remarks the subject Of much in
teres II APPEARS that the yielded from mpor.
taous nnde the present tor act for nine MONTHS end
ing June 30 s4s averaged upon the goods paying duty
equivalent to duty, ad valorem Of thirty dol
lars and eightyour cents and mill upon every hun
dred dollars and for the year ending Sept soh the
average duty equivalent to net revenue Of thirty
Ave dollars five cents and FIVE mills on every hundred
dollars In value Of goods paying duty and for the yosr