Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1849-12-13

| To meet this expenditure, in addition to the
5000 900 appropriated by virtue of the 18th sec
ton Of the act of l647, 10 pay for the frank
ed matter of the departments, the entire reliance
is in receipts for postage. 1t becomes nccessar,
TO estimate that amount. This cannotw with safe
~ be done by taking tho income OF tho pas
| year, and adding thereto the same per cent
| increase that year shows on the preceding.
The effect from reduction of postage had pas
sed, and the Two preceding years showed littl'
more than the regular and natural increase, keep
ing pare with the growth Of the country. Tn
great increase of The last year unnatural
and, owing to the temporary causes of disturb.
ance which have passed by, some more safe ba
sis Of estimation must be formed.
To exhibit separately the increase in The rev
enue derived from letter postage, aud from print
ed matter, the following comparison is institutes
between the past and the preceding year.
Year ending Ycnr ending Rates of
June 80, 1913. June 30, 1912 Increase.
Letter postage includ-
Ing Stamps sold, so,o,O,ao4 $a,ss1,7ea Is o-lo
Newspaper and pamph-
lot postage, 7G7,335 sl0,Ol6 g 10
si,ii7,6aO sI,7oI,77s IA aIc
1t will be observed that the letter postage in
creased in the pr st year Is 10 per cent and
that the aggregate increase is II | ). The rate
of increase upon letters being extraordinary,
and much beyond the natural growth Of our pop.
the previous year, il caunot be expected to con-
tnue, especially MS the causes 10 which it is
mainly attributable have ceased To operate
These were the reinatory POSTAGE act Of the
the 9Th OF June, 1915 which was ended by pos
tai treaty with Great Britain in February, 1919,
aud the greatcr frequency of correspondence in
duccG by the Presidential canvass in the fall of
1913. In estimating the revenue for the current
year, 1t will therefore be necessary to assume
something like the natural increase Of the rev.
cnue as The basis OF calculation. To ascertain
as nearly as may be what is that natural rate of
increase, take the aggregate revenue from post
age, year by year. since the reduction on the
first OF July, las, and show what has been the
annual rate OF Increase, thus:
Postage On let Amount Rate of
tors, newspi- Vi in inct'sc.
pcrs n PAM et'sc.
pilots.
Yea, ending June 30, 1915 S3,lla,slO
BS S S %, IS S sg55 s ss39a ' 1S,
Do. do. 1910, 4,7Ol,77s 5si,l3o lleJ"
Average of the years fiom 1916, 1895
DO. 1917 und 1913, 935 "
The average of the years 1S47 and 1913 ap.
pears TO be 35-l00 per cent, and of the three
years ending 30lh June, 1919, nearly eleven per
cent; but as it has been shown that there were
temporary causes operating to increase material
" the hostages of the year ending 30lh June,
le49, 1t is deemed safest to take 8 per cent. as
Tue rate, omltting the traction, and the revenue
OF 1913 as the basis for estimating the revenue
for the year ending 30lh June, 1850, thus:
Revenue from hostages, for the year ending
June 30, 1918, SI,Il7,639
Add nne per cent, 370,567
Revenue for year 1919 by natural
increase, $4,4SS,226
Add nine per cent 4O3,9lO
Probable revenue for year ending
June 30, 1850, Si,S0y,IG6
To tins add balance on hand, June
30, le49, 6ol,6S2 20
Appropra ion for free matter for
Departments for year ending
June 80, $780, 100000
O.. = . ~