Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1883-12-14
PUBLIC REPORTS.
at tho Annual Statements of Sec
retarics Folger and Lincoln, and Post
master-General Gresham.


Chances at tho Annual Statements Of Sec
retarics Folger and Lincoln, and Post.
master-General Gresham.
THE TREASURY.
WASHINGTON, Dec. S.-The report Of
Secretary Folger for the fiscal year ending
June 80, 1883, will show that the total
revenue receipts for the year were $685.
2s7, 5s2; expenditures, S265, 40s, 1SS, leav-
ing a surplus revenue OF $50, S79, 444.
This is $1,000, 900 more than Mr..
Folger estimated that the surplus
would amount to in his last annual report.
Compared with the previous fiscal year the
receipts for 1888 have decreased So, 664, 1867.
The expenditures show an increase over the
year before of 81, 526, 697. The expenditures
of the War Department increased SIS, 400, 900;
for the Navy Department $3.50, 900, and for
pensions nearly SIS, 000, 900, while the inter-
est on the public debt decreased almost
1000, 900.
Since the last annual report the act of
March 8, 1888, diminished the sources of
internal revenue, and changed the tariff law
SO that the estimate made year ago must
be entirely revised. Then the receipts ex-
pected from internal revenue were S145,-
00O,0 600. Now the estimated revenue is
S120. OOO, 900.
BY the payment of S207, 00O, 900 Of the
public debt the charge for interest will be
greatly reduced. 1t is probable that the re-
ceipts will be about $3.50, 900, 900 for the
fiscal year 1854, while the expenditures will
amount to S265, 600, 600, leaving a surplus
of $4,000, 900 over and above the sinking
fund.
During the last fiscal year the bonds re-
tired amounted to S134, 0O9,75 Since then
S3S, 1874, 900 Of three per cents have been
paid, and S40,00o,000 more have been
called. OF this last sum, $4,000, 900 has
been met already, and is included in tho
S5S, $4,000.
The Secretary will again call the atten-
ton of Congress to the fact that the receipts
of h6GOyelnment are greatly i'll excess of
its needs. The dangers of this large surplus
to the money market will be dwelt upon,
and the Secretary will say that there is no
method of disbursng this surplus except by
payment of the public debt Payment of
the public debt, however. is now injurious
to the National banking system, and il
permitted to go on, even this year, as it has
during the last fiscal year, the existence of
n good many National banks is threatened,
and this means sensible contraction of the
currency.
In discussing the mode of reducing the
revenues, the Secretary Will oppose the
abolition OF the internal revenue tax. He
will recommend a still further reduction of
customs duties, after proper inquiry shall
have developed what articles can best stand
the reduction.
THE PosT-oFFICE DEPARTMENT.
The Postmaster General reports the rev.
enues for his Department for the fiscal year
at Si5, sos, 693, being S1,001, PSI in excess
of cost. There are 1859 post-ofiices, and
the number of postmasters appointed by the
President is 2,195. The expenditure
for clerk hire at New York and Chicago
is 1872 per cent of the gross re-
ceipts, proportion which is deemed larger
than is necessary. The relations of the
Government to the subsidized Pacific roads
are pronounced unsatisfactory. The Post
master General recommends the passage of
an act to exclude from the mails any news
paper containing lottery advertisement
SECRETARY LINCoLN's REPORT
The Secretary Of War reports the expendi-
ture for the year of $40, 79l,O55. His esti-
mate for 1880 is S44, $50, 206. The number of
assertions from the army for the past year was
nearly $500. One soldier was killed and nine
wounded In actual warfare, The Springfield
armory manufactured 33,62l small arms.
Attention is especially invited to the de-
fenseleSS condition of the sea coast and lake
frontiers, and the importance of aiding in
the formation of volunteer militia compa-
MES.