The enquirer. [volume] (Richmond, Va.) 1804-1815, 1814-04-23

FINANCES OF THE u STATES.
Lerer yti'o,r the secretary Of me freqsury 10
she chairMGn III the committee Of ways y
neaaS.
Treasury Department,
March 2S, 1914.
SIR-I have had the honor to receive
your letter OF the instant an earlier answer
80 which has been prevented by the CON
slant pressure OF Current business in the Of
fee.
On the subject Of deficiency of zoo, 900
dollars in tue estimated receipts OF the trea-
sory during the present year, as stated liz
the annual report made from this depart
Iae1t AT the commencement of the present
session OF congress, aud in relation to the
enquiry whether those receipts will not be
more considerable than was then estimated,
or whether, with q view to tn at object il Is
nee ssary at the present time TO provide
additional revenue, have the honor to
submit the following Statements and re-
E.a ks
In that report the receipts during the pre-
senty year were estimated as follows viz
1. Customs. On account of bond, out stand
ing the lst Of ian. 1914. $500. Geo
On account of dutes
aCcrulng during the
year 1914. aud which
VIII become payable
during the same year, 100000
600 600
- S@'es ot PuohC iands 600 0O0
}. Internal revenues x direct tax Ssuo 0no
0.lOO coo
Increased receipts are anticinated from,
some OF these items On the follow ng grounds .
The custom house duties which accrued
during the year 1878, a.Gcuuted to sbou,
5000 600 liars. During the early part of
tHat year the blockade 81 great parJ of the
Snast OF the Vs.. oy the enemy was not e.
tao.ishrd, and e.abargo whlch was laid
on the II n at December Ut that wear. GRO
slneed no effect IN diminishing the ti,.ties IN
tue custum muses. these circumstances
Will doubtless materially affect the duties
GUri 8 ,he year 1914 but after makinsr =
sue aio"ante for he IN. j. j. consi,.ere, "a r..
10 estimate tie amour of du les :. ich will
accrue DUNG the year at 200 600 do lars
or one third OF the mount which A. ctued
In 1918. larger p, ton of ,hese dut;r,
than heretofore now ises on in.portaticns
from the West indies, on which the credit
allow Dy law en-, three md six uonthsl
Is M n shor'er lhar. On imp rtaticEs nom
oher paris Il the W.! Id and a larger Dor
zion q Inc duties, thet eff sc, a cruine d ring
the presen year vii be pa aole b., tore the
termination OF it. l ne amount payabit. r
drawback, WI .ch, during the year 1915.
was nearly one m,iion of dollars, will On
ring the year 1914, be YER small. The ex-
ncuces OF col ectinn wili ais. IA. Loo. no.
during the last year. is believed. there
fore. that OF he dates accru,ng during IN p
present year. afer paying draWb .cks and
expenses OF collection, thee may be esu-
mated IS payable into the treasury before
h. h nj no
From the sales of public lands, the re
SeIpts exclusive oi III Sc for lands in the
Mississippi territory, Wh;7h at prssctt are
p'yabie % the STATE OF Georgia, may be es-
TN ,,ed at the sum stated in the annual re
ppft, viz : six hundred thousand dollars.
SiQce that report was made, seven sta.es
have assumed and paid their quotas of d.
rec tx, deg the act of tie 81 of August
last. j &C aggres ate net amount Of the
quotas # these states is S1,l5S 796 20
the gross quotas of the eleven remaining
states amount to 81 Csc, 700 70, OF which il
is estimated hat enc halt Will be collected
and paid into the treasury before the end of
the year 1914. liking with the quotas al :
ready paid two millions Of dollars.
a the internal duties, with the excep-
zion of he d .ty ON retioed sugar, will be
more productive than was heretofore est
tnaJed. The credit allowed for tie duty on
licences to diStillSrS, Will pos.pose he pave
meat into the treasury VI :, considerable
portion OF THAI day, accruing during the
present ear, beyond the end Of the wear.
BIt not withs anding thus circu.n Nance, the
amoant pays able on &C cunt of those du
ties during the year is estimated at one nil
lion eghJ hn8diea thousand duiiars; Of
viii H., euont zen hu .dced thou and dol
lars have already been paid INTO the treasu
~.
The revenue arising from the postage Of
letters, ftSs on letters patent, and sundry
inc.d ueal receipts, i0c!n IL arrears of for
Ynsr direct tax aud Internal duties may be
esti.naled at II y Thousand dollars. The
rcceiyts IN ttese accounts Tor several pa Il
yeErs have lyeraged nore than this SUN an
nua iy.
The result Of The estimate now given, Is
for receipts during the yea 1874
FROM the proceeds OF
the Customs, $4,000
p DC suds, 900 w
y .ect AK, 0Q0,00
IL, .eraal duties, 1906 COO