Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1885-12-07
THE TREASURY REPORT.
EIUsnditures Greater Than Revenue
LAT Kaar.

ETpsnditures Greater Than Revenue
Last Year.
Ths annual report Of United States
treasurer Jordan shows that the net
n7snus Of the Government during the
a, fiscal year was 1850, 900, or $248,.
!.lS3 less than that Of the preceding year,
v.!s ,hs expenditures was $3.50, 226. 935,
gSlSl0Q $50 greater than that Of the
;ncstirg year. The surplus available for
,s!acrOu Of the public debt at the close Of
he 6,csl year was therefore S409,2 293 81
lsss han was available on the FIRST Of July,
.%4 The assets according to the new
a,- Of statement September 80, 1885, wss
Ei4I.? IS, or su increase OF S55,0lS.0OO
..; lY34. Tie liabilities were $780,
&LI'I, su increase Of SIO2,'
1881 over lS54, and the
aA.s,cs Sl943 326 4TS, aa increase of S4+,-
a.4l5 over 1884 DIring the same
g.aOt there has been so increase of S53,-
t3S3j, in the gold assets, S22 095, Ole
L he silver assets, S6.T76, ,423 in the legsl
s2isr assets, SlTl,2S4in national bank
ssss and national bank deposits. The
sgl6Ou iuud or deposits in the mintS were
% tie 3QIn OF June OF this yea, Sl+S,-
N+S!9 IS against $l4l .64S 085 on June
:lh 1854 The issue Of United States
:o:ss during the fiscal year in place OF such
u ssre returned in worn aud mutIlAted
Sliiuon amounted to $S4 493. lS3. Sill
1s' certificates to the amount oi
s@Q00OOO we're issued, and ol
@990Ot5 were redeemed during the
!sa:. Gold certificates Of the old issue
Amounting 10 s., ,420 we're redeemed. OI
asOeE issue 500 Q0O,O 600 were issued and
ILQlIOOO were .sGsemed. Couponl
ton United States bonds to the smOOnr
aNQo4 66l we're redeemed from the sew
aSI assistant treasurers, 6y whom they
Esfs paid aud examined 10 this Office
IA4sd bonds of the United States amount
~ 70 S1j. .96S SOD were redeemed, o.
aaeh amount Si5,5S5,350 was for tht
GaAlnS fund. The unavailable funds wer'
:s:'sassd BY the folio sing items: A re
'.eaon OF the amount Of dehci
4 ne branch mint at San Francisco
GS6sj 20 3 reduction Of the amount
a'Nl7ed ln the failure Of the Ysusngo Ma
a'1Al Bank Of Franklin, Pa of Sl2, 755. II
.al Ihe stjustuent Of two defaults in tn,
Nfnsi UOUsd States depository at Balti
1sI 1ois amounting TO S. 9O077 and 81,
10 81 respectively. Notice is given of thI
ascension Of the issuance Of one and tw,
: sa-Ai notes and the economic effect
SasoI saving from one quarter indicarinl
80 80 nlIloas notes per year or the sun
Ss"O 900 amount issued. The Treas
~ iartaer recommends the establishment
10 '''1e department in order TO obtsil
gA" security than now prevails in IN
'A2ea' OF legal notes and other securi
-a Of tas Government. Tns repor
a4ei also thst there has bee
'.S'e rs'el but not issued in excess Of the eur
S"SrIES,OOO and requests that the prAt
-" PanunE these notes be sanctioRe
A"o' ths notes returned. he ssyB
VHent that the execution Of the coir
- az n gradually converting the fund
- : "s | treasury into dollarL Every exc
s.I - IN been made to give an extende
r',-sloo -. to these coins out without th
s,..'E Ea,ea the large expenditure il
- - you'd warrant. As the sub-;res
A. oSeaus over loaded with rsturoe,
80. .ae n'nts With unissued dollars Il
sSonent I'o5iged 10 transport them
~ nv cost to the nearest place in WhiC
- room can be found. He recor
~ Ia.aN ,N the treasury be permitted
y.n 9ns more economical mode tbs
M poyed IN order to distribute the
ONsf moneys from the treasury.