UNITED STATES, FINANCES OF THE. 



URUGUAY. 





The changes during the year in the debt having 

 an equivalent reserve in cash have not been im- 

 portant in amount, but there is still a steady reduc- 

 tion in the amount of Treasury notes outstanding 

 and an increase in that of silver certificates. 



The table below shows the changes in detail : 



The changes in the condition of the Treasury is 

 set forth in detail in the table below. It will be 

 seen that during the year there has been an increase 

 in the cash and cash 'items of $69,039,981. Of these 

 there was an increase of deposits in national banks 

 of $45,678,199 owing to the policy of the Treasury 

 Department of letting subscriptions to the 3-per 

 cent, remain in the depositary banks until the 

 amount should be needed for use; thus preventing 

 any monetary disturbance from a temporary con- 

 traction of the money in circulation. There was 

 also a notable increase of gold coin or bullion. The 

 supply of gold coin during the year has been so much 

 in excess of the demands of the Treasury that the 

 metal has become a common medium of circulation 

 throughout the country. There also seems to have 

 been a great demand for the small silver coins, the 

 amount of which on hand having largely decreased. 



Gold coin alone has increased more than $120,- 

 000.000 an unprecedented gain for a year. In tin- 

 aggregate the gain has been $176,200,772, nearly 

 equal to the entire amount of gold coin in circula- 

 tion in the country at the opening of the civil war 

 in 1861. 



The following table shows in detail the coinage 

 of the year as compared with that of the previous 

 year. There seems to have been a considerable 

 falling off in the fabrication of double eagles and 

 standard silver dollars: 



The circulation of the country has also increased 

 during the year in nearly all of the several kinds as 

 will be seen by the following statement ; 



UNIVERSALISTS. The "Universalist Regis- 

 ter" for 1898 gives statistics of this denomination, 

 of which the following is a summary: Number of 

 parishes in the United States, Canada, Scotland, 

 and Japan (45 State and other conventions), 991 : 

 of families, 53,708; of churches, 805. with -1- 

 members ; of Sunday schools, 653, with 53.730 mem- 

 bers; of young people's religious organizations, 501. 

 with 14,315 members; of churches, 782; value of 

 church property, $10,259,963. The 13 educational 

 institutions (including 3 divinity schools and 1 

 medical school connected with universities) return 

 162 professors and teachers, 1,443 students, and 

 property the value of which is estimated at $::.: 

 590. The Convention of Scotland, organized in 

 1875, had in 1894 churches at Larbert and Glasgow, 

 with 95 members. No returns have been received 

 from it since 1894. The mission in Japan was be- 

 gun by the General Convention of 1890, and the 

 National Convention of Universalists in Japan was 

 organized in 1895. Three American and 8 Japan- 

 ese missionaries are employed, and 7 students are 

 recorded as in the field. The schools are the Uchu- 

 Gakuin, the Kindergarten Training School, and 

 the Shizuoka Girls' School. The Universalist His- 

 torical Society, organized in 1834, and incorporated 

 under the laws of Massachusetts, lias a library of 

 about 400 volumes, besides important manuscripts. 

 The Universalist periodicals include 5 general. Sun- 

 i lav-school, and young people's papers, ami the 

 "Universalist Register," a statistical yearbook. 



CBTJttUAY, a republic in South America. The 

 Senate has 19 members, 1 from each department, 

 elected indirectly for six years; the Chamber "f 

 Deputies has 69 members, elected by direct suffrage 

 for three years. The President, whose term of ofliee 

 is four years, at the beginning of 1896 -luan 



Luis Ou'est as, wlioas Vice-Preudenl succeeded Joan 

 Idiarte Honla. assassinated on Aug. 22. 1S97, for the 

 remainder of the term ending March 1, 1898. The 



ter of the Interior and Justice, Edoardo Maceachen : 



