The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1886-12-07

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8l729. The expenditures are com
pared with those of the preceding
fiscal year, and are classified as follows
For civil service expenses for the year
ending June 80, 1856. 1921, 055,604Oi,
year cading June 30, 1885, S23,S25, 49,
II: for foreign intercourse, 1886, $685.
OSS, for previous year, $5,439,6O9l III;
for Indian, 1886, 5000, 1877, previous
year, S6,552, 492.63: for pensions, 1886,
1868, 40i, S64.03, for previous year, $685.
O2,267.46; tor the military, including
river and harbor Improvements and
arsenals, 1886, 1884, 1924, 1924, for pre-
vious year, S42,670,578,47; for
the navy, including vessels, machinery
and improvements Of navy yards,
1886, $13,907. 1914; for previous year,
$16,021 ,079.69; for interest on public
debt, 1886. S50,5SO,1 1882: for previous
year. S53.s62,564.70; for the District of
Columbia, 1886, 1892, 1924. SO; for pre-
vious year, $3,449,650.95.
MISCELLANEOUS EXPENDITURES,
including public buildings, light
] houses and collecting the revenue for
1886. S47, 1886, 6S3 404; for previous year.
S5i.72S. O56.2l. For the current year
10 end of June 80, 1887, the ascer-
tanned receipts up to October J.,
1886. with such receipts estimated
for the remainder of the year, amount
to 1886. 100000. The expenditures
contained and estimated for the same
period are S266,0O0,00O, indicating an
anticipated surplus at the close OF the
wear of $9O,O0O0O0. The total value
of the exports from the United States
to foreign countries during the fiscal
year stated and compared with the
preceding year is as follows:
For year For year
ending Jnne ending June
10. 1886. 80, 1883,
Domestic mchdise $3.50. 064 800 SIG, GS2.9l6
Foreign merce disc. l3b,6o3,Ol0 l99'0oS'0W O
Gold .......,..... a20,o2l,9lO t,..o'osV
Silver .......... 29o, ID 100 32' ,o26,3D
The value of some Of our leading
exports during the last fiscal year, as
compared with the same for the year
Immediately preceding is here given,
furnishes information both interesting
and suggestive.
June 30. 'S6. June 30, 80
Cotton and cotton
manufactures S2l9,O4J.JiO S@lo,'
Tobacco and its
manufactures .., m4 ,204 ,0OS H,lo, 'ooo
Breadstuffs l25,S46.55S 16O.3IO,Sll
Provisions ..... 9O,G25.2lG l01 1872. 456
Our imports during the last fiscal
year as compared with the previous
year were as follows:
Amounts Amounts
in 1886. in 1885
Merchandise .S635, 436,436 S5I9,5S0,503 50
| Gold. ........ 20,143,39 2G.691 ,G06 90
Silver ........ 17,S50,391 l6,55O,62i 90
In my last annual message to con-
grcss attention was directed to the
fact that the revenues of the govern
ment exceeded its actual needs, and it
was suggested that legislative action
should be taken to relieve the people
from the unnecessary burden of tax
alton thus made apparent. In view of
the pressing importance of the sub
iect. deem it my duty to again urge
its consideration. The income of the
government. by its increased income
| through economies in its collection, is
now more than ever in excess of pub
lie necessities. The application of the
surplus to the payment of such por-
ton of the public debt as is now, at
our option. subject to extinguishment,
if continued at the rate that has lately
prevailed, would retire that class of
Indebtedness within less than one year
from this date. Thus n continue
ton of our present revenue system
would soon result in the receipt of an
annual income much greater than nee
essary to meet government expenses,
with no indebtedness upon which it
could be applied. We should then be
confronted with vast quantity of
money. the circulating medium of the
people, boarded in treasury when II
should be in their hands, or we should
be drawn into the wasteful public eX-
lravagance with all the corrupting
national decentralization which follows
i'm its train. But il is not the simple
existence of this surplus and its threat
ened attendent evil which furnish the
strongest argument against our pres
ent scale of federal taxation. Its
worst phase is the taxation of
such surplus is dangerous depart
ure from the rules which limit the
right of federal taxation. The indi-
rect manner in which these exactions
are made has tendency to conceal
their rue character and their extent.
We have arrived at stage of super
fluous revenue which has aroused the
people to a realization of the fact that
the amount raised, prolessedly for the
support of the government, is paid by
them as absolutely added to the price
of the things which supply their daily