Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1884-01-01
[spsein1 releararn 70 The Globa l

Special Telegram TO the Globe
WAsH1Asrox, Dec. 3t.-For the fret
half Of the fiscal year tho revenue from,
customs vas $t00,949,113. falling c1 q
compared with the last Elk months Of the
calendar year 1882 Of between g12,000,oaC
&nd 100000. Internal revenue is s6I..
| S1G2 29t, falling of Of over s13,Ooo,ooO
The miscellaneous receipts are
| $1G,078,799, a falling of
of over 100000. Or sac
other hand the ordinary expenditures for
six months we're 500 z84, Bill. reduction
of 86500o00. The payments Of pensions
amounted to $50, 1858, an increase of
nearly S500o,0o0, aud tao interest psy-
menss we're $27,543,G86, 3 falling od Of
aoouf f85 100000. Alsogether tho rev8-
naes flow falling OF OF little oyeg
! S29,I10,O00 of the expenditure, falling
/ Of of q little more than $4,000 600 The
/ excess Of revonue over expenditure for the
lest six months is S50, IA, ,406, against
( $77. .949 500 for tbe lsst six months Of
the 9alsudAr year 1882. ghe reduction
Of the pE6lfa debt for December, hes not
yet been figured Up, bat Treasurer Wgmen
estimates 1t ct Si2,000,000 in round aum-
bets. Tsxos would make The reduction for
The past SIX months ever $50, 100000 in
spite Of the reduction Of $29,000,000 IN
revenue and debt red1csicn Gor ths caIen-
dag year 1888; something over sos, 900,
600. During fhs six months the secretary
hoe y,o or,x 4,r,- e,ty, For Tr3<Io o.-,, sra
o00,000 OF tho $40.o00,O0o bonds COW
cred by the 1924, 1884 and I24th oalIs
made 10 September, October and Noyem-
Der, there wsrs yet to be redeemed at
tie close of business to-day SIS, ,697650. and
there are small unrsdeemed
remainders from previous bond calls
amounting altogether to les5 than 800,
000.00O. With 9 probable surplus of $780,
009,000 in the next six months. The sec
eetary might be expected to issue an other
Bond call in 2 rev days for $1000G000
wish probabiljty tha5 one or two more
suca calls viii be made before the end of
5he fiscal year, What the secretary can
DO IN the way Of calling before duly /, OF
bonds to be redeemed after that dste, de-
psnds antiralg Oh what congress docs with
the revenues tlis winter, bn5
the Surplus for the next six months wlllI
exceed that of the last six mouthe.
1t may be assumed that the revenue from
customs Will not change materially. The
fluctuations here depend much on prices
froh time to time. and cannot be esti-
mated,bHt thers is going TO be az. inoraase
in internal revenue. Interaal revenue re-
oeipts, for tho year. estimated on shs col
lecdens OF the last six months would DO
1922, 100000, bat there will be collected in
april, May and June $6,0OG,G00 from
special taxes, OF which none were collected
in the Lass SIX months. If congress does
not promptly pass bill extending
the bonded period there viii be
an extra revenue of S3,00O,000 or $4,000 |
600 from whisky forced out of bond by the
bonded period. Even if such law went
into effect before July some $2,00o,O00
and more would be collected 30 increase |
the revenues fog the last half of the year. |
Furthermore tho tooaQoo collection FOR the
first three months OF the current fiscal !
year we're below the average, undoubted-
Iy because they had been antici-
pated by large purchases of |
stamps before July and after
the reduction OF the tobacco taxes went in
Sc effect. a moderate estimate Of these
three items would raise the internal reYe-
nue for the year TO s130,0G0,000, ana more
probably 10 Sl83 100000. In advance of
any change on the rate Of expenditures
this would increase tha snrplus revenue for
the next SIX months to $G0,000,00Q or
more. But payment Of interest is always
a decreasing quantity, and probably pen
sion payments for the next SIX months will
fall below $30,00O,0o0, what they
amounted TO for the last six months.
Tbe prospect is good for large
aole in tae outstanding three per CENTS.
IND g Substantial reduction in ths National
bank circulation by July /.
1t viii take some $3,000,00O or 100000 |
10 pay the tobscoo tex rebates, bat this
sum is not likely TO come of receipts of
current fiscal year.
Congress will hardly get an sppropTia-
ion for that purpose passed ia time, and
t is still less likely that the treasury will
% ready before July LIST to pay the claims.
The fifth auditor Will not get through
With the claims before March ana
hough the first comptroller has
isked for special details of
'lerks to help him, he cannot set assist
nee enough 70 enable him TO pass the
lains in less than four months.
ErTz JoKN POTTER.
Several ef ths house committees held
preliminary meetings to-day, merely for
ne purpose OF organization and to fix the
lays fer regular meetings. Tha military
ournittee, having pretty full attend {
nee, took up the Fitz John Porter relief
Ill, and By majority vote agreed to re-
lort it fayorsbly to the hose
t the drst opportunity. Friends
# Porter are determined to give his ease
n early start this session so that ID Lnay | /
axe leading place on the calendar of 4
ills. They adopted the bill which passed c
he senate year ago, Messrs. Steele and E
dcCatcbeon We're the Republicans who
-oted against the bill. accompanying their
-ate with the stafeinaY,t tbp% tbav xzor19,l |