New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-12-07

AI UEOLMOLh - 4CCW III
them nc homo and o spirit of emulation abroad.
Constituting record of the changes occurring IN
trade and Of the progress OF the art: and Invention
in foreign countries, they are much sought ior ny
all interested 10 the subjects wnich t,ey ehorace
TREASURY RECEIPTS AND ExPrNsEs.
The report of the Secretary OF the Treasury ex-
bbts IN detail the condition OF the public finances
and of the several branches of the Government
related to his Department. | especially direct the
attention of the Congress- to the recommendations
contained ID this and the last preceding report OF
the Secretary touching the simphration and
amendment If the laws relating tO the collection OF
our revenues; and in the Interest oil economy and
Justice to the overnment, | hope they may DO
adopted by appropriae Legislation.
The ordinary receipts Of the Go0ernmrnt for the
1885, 43Y, 727 O6. Of this amonnt Yl92.oO5. O29 !
was received from customs and 81 6,SO5,9 36 40
.eaeT Snn for
previous year. but the increase from customs was
$ll44.Osl 10. and from internal revenue
the last year of $l5.S4l .2a5 O4-a falling of in
other reducing the total increase to The
smaller amount meDi toned.
The expense at the different custom houses,
OF collecting this increased customs revenue
was less than the expense for the pre-,
ccding year by $490,6OS AMI the Increased
cost 70 the Internal Revenue Bureau $l55.g4l 30
less than the expense of such collection for the
previOns year. 49,,
for the fiscal year ended June 81, 1856, were
S242. 4s3, 1873 50. being less by $17.7ss,797 than
such exenditures for tie year preceding. and
lea wing surplus in the Treasury ut the close OF the
last fiscal year of S93. 956.5SS 80 as against
S6a. 4R3. I'll III attending the collection o: such
revenue at the close OF the prev,ons year. o being
an increase in snch suipIus OF $30. Az, 81 ~
The expenditures are compared With those of the
preceding fiscal year and classified as follows:
Year ending June Year ending ling. Juno
For civil 80 lsSe o. s2ssa sssa
For foreign Intercourse. 1.33232o 50 o439'oU IL
For For ds
For the military. lnclud-
ing river and harbor
improvements and - oo--, -
For the Navy. including
vessels machinery and
y ,@RTevenen. o. navy 1sso7ss774 1eoelo7o 60
For interest on public o- ,oooo-o 4,
For %eI the District Of Co o,ooooo.
Miscellaneous expcndi-
lures, including public
buildings. lighthouses
and collecting the ~-ooo-co,
revenue ----.-.- 4|ooo'ooo VI oi''-o'o'o -
For the current year to end of June 30. 1887 the
oscertalued receipts up to October /, 1886, WIN
snrh receipts estimated for the remainder OF the
year, amount TO S356O0O.O0o
he expenditures ascer'alned ana estimated 1Or
the same period $500, 0,O0O. indicating an
anticipated surplus at the close OF the year OF
$50 0U0, 00O
I he total vaue Of the exports from the United
States to foreign countries during the fiscal year Is
stated and compared with the preceding year as
follows:
Forthe YEAR end For the year end
Ing Iunc3O j $3.50. ing Inne3o; $50
Domestic merchandiseS6659 6i.529 90 7266s2 946 90
Foreign merchandise 10 .56O.3O1 90 l5,506SO9 90
cold 1885,. I9l 90 s.477 s92 90
silyer...........-.-.. 29.51l.2l9 90 33.7o3633 %
The value of some of our leading exports during
the last ii cal We r as compared with the value of
Z he
here gwen and furnishes information b0th inter-
esting and suggestive:
For the year end For the year end
ing Junc3O. 1886. ing June3O.lSS5.
features s219. oi5,576 90 s2la799o49 90
features. .." so42t9csoo 24.7e7 3o5 90
Provisions 00.625.216 90 107,332456 90
Our imports during the last fiscal year, as COM
pared with the previous year. were as follows:
1886 1885
Merchandise $685. .l36.l3G 90 $57o.5soo53 go
siyer................. 17.s5O.307 90 l6,550627 90
THE SURPLUS.
In nv last annual message to the Congress atten-
tion was directed to the fact that the revenues of
the Government exceeded It's actual needs; and 1t
was suggested that legislative action should be
taken 10 relieve the people from the unnecessary
burden of taxation thus made appnrent
In view of the pressing Importance OF the subject
i
The income of tue Govrrnment, by its increased
volume and through economies IN Its collection. Is
now more than ever IN excess OF public necessl-
ties. I he application of the surplus to the pay
meut of snca portion Of the pubic dent as is now
at our option snDect to extIgulshInent. II conun,
ued Ut the rate which has lately prevailed. wonld
retire that class OF indcbte tness within less than
one year from this dae. Thus continuation III
our present revenue system would soon result IN
the receipt of annual income much greater than
necessary TO meet Government EXPENSES, Win no
indie otedness upon which 1T could DO applied we
should then be confronted with a vast quantity or
money, the circulating medium of the people.
boarded IN the Treasury. when it should be 10 their
hands, or we should be drawn into wastefu public
extrava gance with all the corrupting national de-
moral IZaton which follows III Its train
But IL is not the simple existrnce OF this surplus
and it's Threatened attendant evils wnlch iurnlsh
the strongest argument against our present scale
of FederaI taxa ION. Its worst phase IS the exac-
qon OF such a surplus through a perversion OF the
relations bet the people and their Government.
and dangerous departure from the rules which
limit the ght of Federal taxafioD.
Good government. and especially the government
of VIII CHI every American citizen boasts has for It's
objects the protection OF every person within It's
care III the greatest liberty consistent with the
good order of society," and his per ect secnritv IN
the enjoy nent of his earnings with the least pos.
sibIe dIminutIon for public needs. Wnen more OF
the p~opc's substance is exactei though the form
of taxation than II necessary t. meet the just obi
cations OF the government and the expense OF It's
econ mica administration. such eIaction becomes
rut less extortIon and II violation OF the funda-
mental principles of "a free government.
The indirect manner IN VIII oh these exactons
are made has a tendency TO conceal their true
character and their extent But we nave arrived
M a Stage of superhuous revenue which has aroused
the people 10 a reaiization Of the fact that the
amount raised prof ,ssedIv for the support of tine
Government, IL paid by them as absouey.f added
TO be price of the things which supply their daily
wants as if iG paid at fixed periods into the
hand of the tax-gatherer
Those Who toll for daily wages are beginning to
understand that capital, though sometimes yaunt-
ING ,ts impor ance and clamorng for the protec-
ton and favor of the Governments, Is Gull
aud sluggish. TILL tOnched by the magical
hand of LABOR, it springs into activity. fur