US Presidency
1896

During the same period its expenditures were $ 434,678,654.48, the excess of expenditures over receipts thus amounting to $ 25,203,245.70. The ordinary expenditures during the year were $ 4,015,852.21 less than during the preceding fiscal year. Of the receipts mentioned there was derived from customs the sum of $ 160,021,751.67 and from internal revenue $ 146,830,615.66. The receipts from customs show an increase of $ 7,863,134.22 over those from the same source for the fiscal year ended June 30, 1895, and the receipts from internal revenue an increase of $ 3,584,537.91. The value of our imported dutiable merchandise during the last fiscal year was $ 369,757,470 and the value of free goods imported $ 409,967,470, being an increase of $ 6,523,675 in the value of dutiable goods and $ 41,231,034 in the value of free goods over the preceding year. Our exports of merchandise, foreign and domestic, amounted in value to $ 882,606,938, being an increase over the preceding year of $ 75,068,773.