The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1874-02-13

OF $39S, SAG, ,460, against available re
sources Of $34l, ,7s020l. 30 II the Gov
ernment should be called upon durin
the year tor oil the appropriations mad
py congress, there would be q deficit @
$os OV6t t44s. This represented. the con
dition Of the Treasury on paper, but thef
was NO probability that the Treasur,
would be called on to respond for ali M
appropriations. Many Of the items com
under the head Of permanent appropria
tons, which although made over twI
years ago had not been covered into III,
Treasury. A careful revision Of al
those outstanding appropriations shows
that they aggregate $22, ,389,035. As
suming that the Treasury will not b,
called on for II, there would be
on hand at the close Of the current wear
$50, ,302, 1856. This sum excluded the
sinking fund. That Is the government
would meet all liabilities and also pro-
vide for the sinking fund and still hay.
$2O, 100000 Q year, as against 800 900 OOC
at the beginning, but against that SEQ 900
600 were 10 be drawn all the deficiencies
that arose during tho war. he under
stood there would be a million deficiency
in the Indian bureau, and he estimated
the miscellaneous deficiencies at Sc, ,OO0,.
600. He had never known the def
cheney bills at any session TO amount
10 less than three millions, and
had known them 10 reach $18,O00OO0
de had left out oi the estimates of def
ciences the claims made by the District Of
Columbia for the expenditures made In
the District, and varying from 5000 OOO
to 50 O00, 900 on the face Of its prohibii
tion by the act Of January 8, ,'73. or the
contraction there are further liabilities by
the Board Of Public Works for imptoyinS
the streets, &c. Except In pursuance d
the appropriations Congress was con.
tronted with these claims. BE would not
discuss their legality, but would say that
alter that enactment the Treasury De-
partment could moi have contemplated
any expenditure by the Board for which
the Treasury would belisble. II, however,
this sum should be paid out 1t would in
crease the deficiencies TO, say $1,000, 600,
The claims from the mixed commission
would swell them 100000 more, leaV.
ing but $10,000,000 OF cash on hand at
the end OF the year. II was evidently un.
safe for the Treasury TO be reduced as
low as $lO,OOOOOO 10 meet the emergen.
cles in the absence Of Congress. No man
would take upon himself the duties of the
Treasury Department in face OF all liabiI.
tiles oi such balance, with the monthly
expense OF the government, much in ex-
cess thereof, unless provided by Congress
with some means on which he could fall
back.
In reply to Garfield Mr.. Dawes said the
$44, ,OO0,0 900 In reserve and the use made
OF II by the Secretary Of the Treasury had
not entered into his calculation. The ra.
ceipts Of the first seven months Of the fis.
cal year of 1872 and 1873 compared
with the corresponding months Of
1878 and 1874 were as follows: For
1872 and 1873, customs, $l11,OO0, 900:
add internal revenuei $67, 600 1000; add to.
tai, $l7S, ,S42, ,7S6; for 1873 and 1874 Gus
toms, $93, ,000,0 900; add internal revenue,
$57I IOO0, 900; add total, $3.50, ,527, ,0s4, show.
ing q falling of in the receipts of the
present year from those Of last year Of
$28, ,915, 702, The comparison Of the re-
ceipts Tor the last five months Of the last
fiscal year with the estimated receipts of
the coming five months Of this fiscal year
was as follows; 1879 and 1873 receipts
for last five months, $127O00,0OO; add
1878 and 1874 estimated receipts for next
five months, $118,000,000, making fall
ing of In that period Of $11, ,516,375. ~.
Mr.. DAVIS then, as was due to the ad.
ministration Of the Secretary Of the De.
partment, stated, in detail, the reduction
in duties by Congress on tea and coffee,
and other articles, aggregsting $44,367,.
3l8 as the reason why. Having com.
menced the year with $60,000000 on
hand il ends the year with only $4,000.
600, and an increase Of public debt. Il
the House will agree with me that the
Treasury is liable any moment to 90 to
protest unless 1t can have Q margin more
to be relied upon than this, less than ten
million dollars. Then every Government
will see that we do not discharge our
duty, unless we, as law-making power,
pass some measure by which to increase
that margin. OF course there are but
three ways to do that thing. II may be
done by increased taxation, by d loan. or
by a cutting down OF expenditures. Un-
less one or other ol'these three things be
resorted to, and resorted to in earnest, we
who have the credit Of the Treasury Of
the United States In our keep.
ing and holding only the Secretary Of the
Treasury and the Administration to the
faithful discharge Of the laws which we
make shall have failed in the discharge
OF our duty.
Mr. Dawes continued by opposing any
increase in taxation, giving credit to
Secretary Boutwell, for his appeal to the
committee Of conference In lis last mo-
ments for striking out four or five millions
of further reduction, and which result
ed in the striking out Of those very meas.
ures which are now pending. Mr.. Dawes
continued in further explanation Of the
measure, speaking nearly three hours.
AT It's close the House took a recess Il Il
evening, %. do