New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-12-05


....., os tho Treasury for the wants thereof It's
eeoretar o. nat there lie made minute analysis Of the
no. no which by the act, the then exceptional anu
Ia~s surplus in the Treasury was to be pace9 WIN
n.ns n was not as q complete and las ting gIt IL
was "a loan deposit temporary III iVs 70 no ToS
asmoTd for return whenever the wants OF the tSaf
rai TTeaslry needed q repayment Is claimed tna9
the transaction was contiaGti IJ And r. L. aTSmed
TINT the States having consented 10 take ana ns'ns
exent taken ana r they Mere and s are bound
and Affected is incumbent upon the Cmtea dnarv
that thcrc is q surplus in Its Treasury over the oIuy
exnendltncs needed for carrying on the GOxeinhen
tbat il should make further deposit thereof WIN e as
S,nd in snrnlusage In 1887. BE 1t so. Call con-
tract Yet there was another and vital part OF taae
wants of the Treasury forced TO call for repayment
Are there her those wantsi 90 not G0sITr , dsti
ton or absolute pressing need not to DC me
conceive It TO mean tha e rsasry must resort to more
than usual rate and mode OF taNatlo 10 Set 0hS U
icgitnate when it may fairly sc said to have
wants within the meaning OF that term III te acI VI
Sency clearly the debt then made and yet IN
paid and much the current yearly expenditure Oh to
NOT loo much TO say that during the civil war the Oheo
states might fairly have demahdeu return :" thar now
posts that the Treasury was IN wam anu .Ti ni HS
II might II taxation were reduced Wlthlh hoIli '''
have just occasion so TO demand H.
ARGUMENTS AGAINST DISTRIBUTION
If so with that surplus some Of which has been so long
AGO placed with the States, 0tortOr with that surplus
nav with the United States, and asked Tor Dy hcSo
States II the United States be under contract as Is co
tended in behalf OF those States to make loan 10 tne
whenever surplus arises. then are those states Us wen
under contract to repay when called upon so TO 40
not too much to say that it is such fail an" reasonao'
se Of the means of the Treasury to apply them 10 cur
rent expenses and the payment OF pay ap!e %
.ot i,bin tho spirit and intention Of the act OF 1850
the wants Of the Treasury now N pnTnoss of the United
States II plain that II the United STATES ~ The
s SsT bor '" This would be needless erc9y Of
action Just to all c3nGeTne9 10 K"p U of the
Goyernment II would be frivolous to do otherwse, ~
has been the bSecee OF he adhered TO- The principal
has been laid down and observed IN H. that SO uc.
the surplus rs msed mo- for the wants OF the Treasury and
th% snialmen of the act OF 1896 put OF TO more con
ybno nv act Of October ? 1887 it postponed the
placing with the States OF the tCurth ulsaa I
by contract to hand it over, and It was 9S s an
ndcfensibc breach of the contract not 10 80 90 so
ths act was Intellectual cut Oh the right OF the States 10
have az vet il had the effect OF direction ana authority
from Congress to this Department and SO was II
milton OF the principle above stated Inc ~
Justice in 1857 gave the opinion that me Sl
surplus not already deposited with the M tho Teasry
though growing out OF laws subsequently pnssv;; bn
pcstponcd, and there were no other MONEYS gle
Applicable It is, besides, TO be mlpnee1 III aiU rn
tn naoa hy Gnu.reSs for it says that such laws
must he considered when the conditions na1 prev W,
onsv occlrred ms impliedy repeating Pre- tanto te u
eecued mart Of the distribution Of the surplus revenue
provided for In the deposit act OF June ID ioSo;
Executive In 1887 in message TO Congress- Heu thu
the noncys deposited needed to defay existing APP
Dropriati0ns they could be recalled anu M
that the fourth mstament should pe Wi'nnsIu ny o
listing authority Of law, tantamount 10 an existing ppU
pration the Treasury Department Is empowered 10 ms
the existing OF arising surplus 10 redeem the dent he
Secretary OF the Treasury IN lS3 In ms report ~
ent asserting that II was not dent Du neIe .enPU
mry disposal of surplus Ih3se news Wf f sz of re-
GENTS and expenditures the balance III tue treasury Oh
9fh June of that year stated 10 he Sl0S2SSlcO 20 am
siucIu
the states being S2s l01 644 81 On January - leOl
the Secretary Of the Treasury In an olcial " @
chairman of the Committee on Ways ana Means treating
OF the public debt and OF the condition ana resources Vi
the Treasury names the deposits as an aVaabe resource
either by recall Of them or as pledge iof 'he repay
For these reasons and following in the practice OF this
Departmept payment TO those states from the exisng
SURPLUS has been withheld and will continue to be- until
Congress directs another course
CUSTOMS.
The revenue from customs the fiscal year 200
50, 1892 was S5E'5 ~
That for the last year @l4'oo4eo %
,,..,.o.oo, ................. 6,7O4, 28S so
There was decrease the value OF duiaOle imports OF
SlI575538; and in that of free goods Of 50 6SZ
last fiscal year $l47os2333 %; at all oIher ports
.a.rsion dnTing the years ended June 80. 1882 and
1888, respectively.
1882 1888
putiable.. sso54glo67 s49s9l9 49,
free.............. 2lU72lSol 2O8SlS2s0
rO,a, ......... ............. 7lG2l894s 7OOs2e673
The following are the amounts of duty collected the
articles named during these years:
1882 1888
Sugar moas and confectionery POT 279 S4Gl72378