The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-02-12

which believe aeiuaies consressmen If YOU open the
Sr TO o ~ s ,nn il this
tS and you s % i this iii
ire and s party IN E
sPonsss aain.ai line s0usss pubic ...S
the e. c. Wa'e on Il
s nH Ata lie eS any viii us sn v ana
INTO me hands Of those who responsible in
W and who win be without me means
70 say 10 my political friends this side OF the House
nsssns 'S f P"Se sssSs
sr a ' s IT. but not by G es @
that would make it TAIL To- 6scoms 2 law. II
The ohs e Of Gf Inc House w navs 10 ase their
a to he @ sre e s n e'S e aS " he
whether they vii maintain tht honor Of the ne sPyern
Sy TsgsIHS ns bill VIM Isys alsa g 90 submit
hold them responsbe II they a to furnish the ADMINS
n WIN the OF e nheE ae he os
that il well Tor them provoSe too soon shat re-
% o @ @s% aa e
| Yps the 10
their Work here re With any exSecaon
hs Ct The hi et S
~ the House some torn which viii or1mS into the the
members OF this Side the House ia t. do that i viii
iican party aceorans 70 the measure oil Its AFFINITY mas
Mr. WooD, OF New York "a member, of the Committee
FERNANDO WOODS sPrEcH
This the 70 sSy an oSsr
Is TO be TEMPORARY levy TO meet the alleged emer
ssnsss saa 81 ike oher
se,er snqa as to md e hs bne 20 BE- lid
oHse When the people are il little aoe 70
To- Ssa ar a. cam sann 10 p sye the bill
,he9s we're " Sch eondon tie rsasar
some relief think ne last resort Of all should
%hcn APPEAR to have themselves those
5oeseaS ,s nts the npSp s Which
sary tor me to say advance that am actuated by no
spirit Of aco es epa 9s o is toSm
demanded it, Ihe credit Of the must os
on'iaation Which Should be regarded at almost any
SS DO al" to the to
retara is success in administering the LAYS equally ana
and mean it in ali sincerity. neither oil, the
ns% n shs dc peope were a n se
cnccd by personal or partisan considerations | would;
become laws. viii result fatally 70 those who pro:
pose am SUPPORT 1y n gcr renason hnne
duty. Which Shall perform; ifresDective Of
whom it may. think that any additional taxes
aud the data ana estimates attached TO
port viii maintain TINS assumption and shall not go
In order proceed to the of the
STANDPOINT viii lake he las, monthiy saSsment Of the
M sIed Of I viii u
G sien dat, and estimates purpose report
pr he scai Year enaiig Jane s. 1916 OF 40 and
the w e 81 When ,n Soa eve S Of
sl@osi4 willing to take this statement as basis
which the secre airy am sure a wi, wi adm, admit
The official statement OF the pubic debt Of the United
S Ses s o s y ss 'he
this ncuaed the 9ilowing items which are in
Navy Pension Fund being the moietyy Of rp Drza
s S1sy AND whi the on nOS when %
Tor the payment 81 navy pensions sd N0nsFess
h ana msns s nSa be S snsf to n
cer,hea!es o. deposit "r leSa lie tender no es for
in these noes a. a special iund Tor their
Com CERTIFICATES Of deposit tor gold placed in
a sly Tor Ineif redemption e5ssoo
Making in ALL ...........,.....:. ssoso,sO
IN reality 5a. SIS 40 b e. So,aoa .,
uundedi OF the United is as iolIows-
Interest paSaSie February SsSs73
Interest Interest ppayyaSie Nav Tayon
Interest payable July -; ............. $50 $3.50
nerss, Pay ysSs Sspis%SsT ~
The interes. aneaiisd unpaid on the Isl
IN
s bs @ only c
need be provi ed for. This makes in Tound numbers.
due over I N Has 6ean
S tne yshe S SnS
IN the Treasury fcDraaryl which So as7 gs lie
&c a Gp rd Ss9 s to tine 3 Yer
est payable during the year reserve fund to assure
The Teasary being always able to The lnieres when
may be disposed Of amounting TO nearly sS50oJ,Ioo
as;, e II .sSss
S'5
y as h Eu % s sve sS VII wh Gely aaSsd &c
com DrGvs Tor .; se Saanse Of the
It may be sad that there are other expenses 70 be
sS B. very nS
Expenses OF the navy on fore gn stations C6eing
appropriaton should hot be more than
Expenses Of foreign mi efcourse ins Is very ''OO"
t asG esns for ss bane an Of all
consular fees. winch In CON- amount to
s5lJOOJ, and are applicable to the payment
Purchases in Europ Tor other branches and ''''''
misceli aneous expenses, in coin "a liberal
allowance. 35o0OO
In all $1,000 900
be taken from sIsI9oooo leaving s7AUoCo OF surplus
The internal revenue collections for the last seven
months naye been s or an average per month
simply to show The increa-e.
1884 November December and January S26 47s $50 81
1856. November December ana anuary Is si5 ESQ Is
greatly increase II we Judge by past
have already begun do the collections IN
January Ss62l So 49, IL IS Iair conclude that 1t
will average S9.0O0DU month tor the remain.
der OF thls calendar year. ana you have from this
source $4,000
The other collections may be fairly esti-
mated as fUllows:
Tax national banks ..................... 400 900
sales OF pubic lands ................. l,70, 0JO
! other sources mot including premium on coin
Sold .......... 5000 900
Currency In Treasury February l........... I030
| And we have as the available currency for
eleven l2lOOO 900
Add the surplus coin As above 72UDD 90
And the premium on It, say, at 10 per cent. 100 900
And we have sl0lHU
AS the available revenue meet the
the same period, which, the basis last year
Net Ordinary expenditures OF SECS 1888 so
Less interest on the public debt. .SlU7, 1855
And the coin expenditures de-
Quoted above. 0oO0,0)0 M SIS
Take this from 500 OvJOJO ana there remains a surplus
of 13Sl0l5. ana ADDING This ,2OD pre- yiosy
deducted Tor interest you have an ac tua
surplus OF s5l,3slO,5