New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-10-03

In view of these facts not of which can be sue
cessfuily controverted any attempt TO figure down
the receipts of internal for the current fiscal
year below $4,000 900 is absurdity and a fraud
while on the other hand II the new system ior col
not prove entire failure, IL Is certain that the IN
terna revenue for the current year VIII DC muc zen
more likely to approximate or exceed $2OO,oV'OOO
than to fall below $l60OO0OO0.
3-MIsCEILASEOUs.
The receipts under this head are derived manly
from the premium on the sales OF gold from tne
sales of useless condemned stores from the public
lands. and from uncOllected balance OF a direct
tax imposed during the war The receipts from all
these sources for the last fiscal year $50 1885, $40
With the exception of the receipts from direct tax"
$ 1888 49 there is good reason for supposing that
the revenue accrnng under this head VIII be any less
than was received during the preceding fiscal year
The treasury will have equal amount OF gold to
dispose of the premium on the same thus lar In the
present year is greater than for the corresponding
months of last year the sales OF publle lands are
almost the same one year with another; and the
amount of condemned public property-vessels, arms,
stores. &c, sold since the commencement OF the
present fiscal year advertised for sale, is about
the heretofore.
1t WILL therefore, be fair estimate to fix the re-
cepts from "miscelaneous" for the current hseal
REcAPTTULAroN.
The account of revenue from all sources for the
current fiscal year may be recapitulated ID round
Numbers as follows:
Customs; ACKNOWLEDGEMENTS i7s.oeo0oo
Internal Revenue. ................... b0,O0y10
MsceuaDeons.. fo'oooVo
Total ............ sa7O,OOooOO
EXPENDITURES
The next point TO which attention is asked is the
relation of the above estimate of for the
current fiscal year TO the probable expenditures
during the same period The expenditures for the
last fiscal year, according to the books OF the Regis
ter of the Treasury We're including interest on the
public debt $50 3390 73 An attempt has recently
been made to induce the public TO believe that some
thing more is annually received into or drawn OIL Of
the Treasury Of the United states within the limits
OF fiscal year than appears IN the accounts OF the
Register of the Treasury. This statement or
pretense, wherever by whOmsoever made, IL
wholly and unquafedly without foundation ia fact
Whatever sums the Register OF the Treasury certes
to- as the receipts and expenditures OF tho Govern
nent for fiscal year those sums embrace every dol
lar cent or mill received expended from the LIST
of July Of any given year 10 the 3st Of june incu
siye OF the succeeding year and no Secretary or the
Treasury ever presents, or ever las presented since
the Office OF the Register OF the treasury was esaD
lshed. any other statement 10 Congress OF receipts
and expenditures than what was transcript OF the
books OF the Register Unsettled accounts which pass
over from one year into another are considered as
belonging TO the year In which settlement rs
effected and such accounts moreover, taking one
year with another, may be presumed to balance each
other in the annual aggregates. Furthermore there
is never dollar received from the sales of any prop
srty of the United States which does not lind its
place to the credit of miscellaneous receipts, and
Is not embraced in the annual statement of receipts
submitted by the Register of the Treasury TO the
Secretary of the Treasury. and by him transmitted
Now with the exception Of the sum paid for the
purchase OF Alaska s720000e probable increase in
the pension expenditure OF $2,1vUWU ana an estl-
mated Post Office deficiency OF $3,w0OO0 there Is
nothing to indicate or induce belief that the ex
pe Dditres of the current year are likely 10 be in
excess Of the preceding year; while, on the other
hand, there many facts which prove, beyond the
possibility Of doubt that the expenditures Of the
current year will be largely reduced as compared
With those OF the preceding year. For example,:
first: The amount paid for interest on the public
debt Tor the fiscal year 1s67s $l4O $751; by
Of the accumulated interest Oh the compound in
teres( notes" was necessarily augmented above what
M ha OH maj
lions, which for tho current year will approximate
5 iae0000o0, making difference in favor OF the
Treasury Of about fl4.000O00 OF The truth OF this,
any one NAV satisfy himself by examining the ex-