Herald and tribune. [volume] (Jonesborough, Tenn.) 1869-current, 1886-06-24
WASHINGTON NEWS.
DEFICIT NEXT YEAR.
Hiscock's Startling Figurcs-A Denial by
Morrison.

Morrison.
WASHINGTON, June 15.-Amazement
and anger sat upon the gloomy faces Of
the Democratic members Of the Ways
and Means Committee in the House to-day
as Mr.. Hiscock in the debate on the Leg
islative bill proceeded to show by official
figures and estimates that the appropria-
tions for the next fiscal year made, and
to be made, plus the permanent appro-
priations on account of interest on the
public debt, the amount required for the
sinking fund, etc., will exceed the esti-
mated revenues by about $4,000, 900.
Thus the Democratic Administration in
its second year and without any reduction
of taxation will be confronted with de.
ficit instead of surplus of $50, 900, 900 as
estimated in the report of the Democratic
members of the Ways and Means Com.
mittee accompanying the Tariff bill
Mr.. Hiscock stated that the aggregate
amount Of the appropriations as the ap-
preparation bills now stood was $685.
749,313. The amount carried by the
Sundry Civil bill was $21, ,O53, ,s2O. The
Deficiency bill would exceed $6,5O0,O 900
and the Fortifcation bill would amount to
$725,O00 The addition to the Naval bill
would be $3.000,00O The Miscellaneous
Appropriations bill would amount to $2,-
10000, and there would be required to
refund duties under the recent decision
of the Supreme Court $40, ,000, ,000-the
aggregate being $273, 057. .199. The esti-
mated annual appropriations were $11S,-
600, 900, making grand total of $391,-
96S, The estimated receipts were only
$3.50, 100000, while the postal revenue
would amount to SAT 900, 900, making an
aggregate of 1877 900, 600 and leaving a
deficit for the next fiscal year of over
$14, 900, 900.
Mr.. Randall said that the figures were
not surprise 10 him. They could be in
some degree accounted for In the first
place the increase this year over last year
for pensions was $15, 100000. There was
no man here who was not willing to give
this increase estimated to be necessary, to
pay the pensions due to the soldiers. An
other clause OF increase was the River
and Harbor bill which appropriated $15,-
10000, making an aggregate increase of
S31 10000 He admitted that the figures
presented by the gentleman from New
York might be correct, but they were
based upon the condition of the appro-
priation bills at this TIME, when some of
the bills had not passed the House, some
.were pending in the Senate and some
were in conference. But he was led to
admonish the House and especially the
Democratic side of the House, that it
ought to follow closely the recommends
tion of every one of those committees and
to keep the appropriations down to the
lowest point. The condition was not one
of apprehension, but it was one that CON-
PEELED and demanded the utmost caution
on the part of the Democratic side of the
House to see that not one unnecessary
dollar was appropriated in any of the an
nual appropriation bills.
Mr.. Morrison, of Illinois, said that the
estimates of revenue and expenditure pre-
sented by the gentleman from New York
were as incorrect as his purpose in repre-
senting them was unjust. He (Mr. Nor
rison) had had occasion some time ago to
state that the end of the fiscal year would
show an increased revenue and decreased
expenditure, and now, within two weeks
of the end of the year, he stated what he
knew to be the facts that he had rather
understated than overstated the estimate
he had made in his report. Every ap-
preparation bill that had been through
the House or been reported to it had ap-
propriated less than had been appropriat-
ed for the current year. 1t was true that
there came an unexpected expenditure
out of the decision of the Supreme Court
to the effect that the Government must
refund duties assessed on packages and
covering on imported goods. But the
Democratic House was not responsible
for this. This decision had come as a
result of Republican. .bungling when they
passed their tariff bill There was plenty
Of money in the Treasury to-day 10 pay
the $40 900, 900 for the current year, and
in future years, If the Tariff bill were
passed with Mr. Hewitt's amendment at.
tached, the $40, ,000, 900 would be paid in
to the Treasury instead of being paid out
Mr.. Hiscock denied that he had been
mistaken In his estimate of expenditures
and revenue. The total estimated revenue
exclusive of the postal revenue, would
amount to only $3.50, 900, 900, while the
expenditures, exclusive of postal expen-
ditures. amounted to $344, ,787, 900, leav-
ing deficit of over $14, 100000.