The Week.

This article presents brief descriptions of various recent socio-political developments and issues in the U.S. It first discusses the so-called seigniorage bill, produced by the Senate, and its consequences. It has produced little or no disturbance as yet, because the common expectation is that the President will veto it, and that it cannot be passed over a veto. It is also a fact generally recognized by the business community that the bill would not produce much mischief under the present management of the Treasury. The article further focuses on current financial situation of the U.S. in comparison to recent past. The balance of trade in for the past eight months of panic and distress is $218,000,000. Some $200,000,000 was paid over in 1891.