, 1879-07-13
NATIONAL FINANCES.

Tho Record of the Last Fiscal Ycar-4An In
crease of &i6.ooo,o00 in Receipts and
S26, OO0, COZ Iu Expentfitnres-The Domo-
cratic Congress Re>pousiblc.
DtsDatch Ne.1 York Tisaes.
WASHINGTON, July 9.-The receipts and cx-
penditures OF the Government tor the fiscal
year ending June 30, 1874 cannot at this time
be accurately stated, for the reason that returns
from officers In distant parts OF
! the country charged with the re-
ceipt aud disbursement Of public funds
cannot be received until about Aug. l, and. un-
til that time the books OF the Treasury Depart
1nent for the last quarter Of the last fiscal vear
cannot be balanced. The data now in posses
sion OF the Treasury Department mar, however,
for all purposes Of comparison, be assumed to
be correct. The final settlement of the books
will not materially change the figures given be-
low. which show iu detail the receipts by quar-
tcrly periods and tho aggregate expenditures
for the fiscal wear Just closed, compared with tue
receipts and expenditures for the fiscal year
ending June 3D. 1S7S 1t is proper to state thAt
the figures given for the first three quarters OF
the last fiscal year are made 4 from the 1pa SET
tlement Of the books OF the Treasury for those
three quarters, while the figures for the last
quarter are taken from the "dai}y statements :"
made for that quarter. Whatever changes,
therefore, may be made necessary bJ additional
reports will be made in the figures tor that
quarter. AS before stated, such additional re-
ports will not materially affect the aggregate OF
the accom- Danying tables:
review we're s2;I'G4 9l6. against S257, ,7C3 678
for tho preceding year, Ill increase OF 3lo.-
81, ,03s, This Increase was made up as follows:
c,s,onx & all 7o5
MISCELLANEOUS :. ........... ......... 6,827, oa0
----
Total increase. .... ... ........... .SlJ. 271 U38
The receipts exceed the aggregate estimates
presented to Congress in December last BY the
Secretary Of the Treasury br $9,5UO,UOl Com
nared with the Serrctary's estimates, the Gus
IONS REGENTS show an Increase Ut Si,5OO,O ,OUU,
and miscellaneous receipts ST. OOO COO while the
internal revenue rece:pis show decrease Of
ahnnt - nm ON. III: increase in customs re-
ca;nts Is sftr;hntahie 70 increase
in III. imnort Trade. while 1he iucreasc from
r;sco1,aneous sources is mainly dut II, nrntits
m silver coinage and to the larger repayucnts
made dmring lie year from tie unexucudei
h,Iancos NJ The accnunt. of t}ishursjnr office re-
The % dccrease @ in intcrpa! revenue receipts is
cha1oeahi. tn the aei,alion in Conuress Of r re-
dprtion in the ray m whisky md tnhorro
nmrIne the last session of tht. Forty-ifth Con.
rress fi,e tax On manufactured tobacco was re-
drcod from 35 tn II; cents ner nound. I'he ,aw
making this reduction went into oneration NAV
t. 1S7n. While the question of reduction was
nanI,;nu. manufactnrers naturally held hacl,
thcir products until MAY |, when an immensr
onantitv of tohacro was suddenly bronrht for-
wnr6: THE daily renorts' OF The Commissioner
of internal Reycnue show that on one day-
Aoril 3J-tbree men sold tobacco sturnps to tbe
value of abouE 81. go 600. and that tile sale of
sta1ons for MAY and June exceeded the sales for
The same months Of the preceding wear hy
ahout A. o01.NM.
The ordinary e1nenditnrcs for the last fiscal
year vrre sill 0SS 259 against $134 4f3 49,
during The nrecedfng year.-an increase Of
s26C2. 500 This includes s5,5Oo.OW mid on
arcnnnt Of the fisheries award. IS 500 900 IN ac-
rount of nension arrearaees. 81. .StN 600 naid
Cnnt. Eads for inproYements 1T the mouth OF
the Mississippi River Deducting those three
extraordinary items, the. excess OF ordinary ex-
perditurcs for the last fiscal wear, eompared
with the wear ending june 80 1878. was about
s1Y mn nm In view of the recent fl1scnssion In
nnhlr finds mntil annronriations shali firsf
Puo''I u ~ =. :: .pp:@ '. 'ss ~ 49,
haVe oeen maoe. u ls .onlY necessary 70 state
Una! lue !'3-hllu Sou:4css Is 1cspous'uie lor
tnts larger Increase III tEe ordinary expenditures
the extra session OF the FortY-sl1th Congress
were, OF course, paid for during the year ending
June ~ last.
. The interest on the public debt for the wear
amounted to about S105. .00O.O .OO. an increase of
-oor T;ha sn"cassfn1 refnnd;na nnoro,;o,e -
Secretary Sherman h. wh;rh olI rhe n,atnrea 4
ner cent bonds were rcf,,nded nj 4 ncr cent vii
r-.1o;r ~, ;1a-naeo - ~ 49,, sri.o ,,n ~ -
serratnry Sharman,s ref,,nfino onaratione vii
be more fully appreciated at the close OF the
nsea! asai' uea 10 .seu41o " ~ ue ulaae