US Presidency
1886

The expenditures ascertained and estimated for the same period are $ 266,000,000, indicating an anticipated surplus at the close of the year of $ 90,000,000. The total value of the exports from the United States to foreign countries during the fiscal year is stated and compared with the preceding year as follows: The value of some of our leading exports during the last fiscal year, as compared with the value of the same for the year immediately preceding, is here given, and furnishes information both interesting and suggestive: Our imports during the last fiscal year, as compared with the previous year, were as follows: In my last annual message to the Congress attention was directed to the fact that the revenues of the Government exceeded its actual needs, and it was suggested that legislative action should be taken to relieve the people from the unnecessary burden of taxation thus made apparent. In view of the pressing importance of the subject I deem it my duty to again urge its consideration.