New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-06-16
PROBABLE DEFICIT NEXT YEAR.
u1scocK's STARTLING FIGUREs-A DENIAL BY NOR


WASHINGTON, June Is (SpecidD. -AmaZe-
nent and anger upon the gloomy faces OF the Demo-
cratic mombers OF the Ways and Means Committee i"
the House to-day Mr.. Hiscock IN the DEBATE on '
ossative bill proceeded TO show 10y official figures anu
estimates that appropriations for the next hsca year
made and TO be made, plus tho permanent apProp',"
lions on account OF interest on the public deo 'ne
,ount required for the sinking fund.- etc. VIII exceed
tho estimated revenues by about 81 4oOOooO Thus ho
Democratic Administration In its second year ana WIN.
out any reduction OF taxation Will he controh'eu WIN
deficit instead Of surplus OF s3o.o0o.o0o as csmatoh
IN the rep OF the Democratic members or tho ways
and Means Committee accompanying the Tarin Dill.
Mr. Ulscock stated that tho aggregate amount or the
approprations the APPROPRIATION bills now s'ooi was
5000 74o3l3 The amount carried by tho sunhry C'VIl
nm was s2I o53 800 The Deficiency bill would exceed
s6 500 600 and the Fertilization bill would amount 10
1925 900 The addition to the Naval Dill "ou'u po
81 100000 Tho Miscellaneous Appropriations Dill
| ,.ouid amount to SlOJoO)0 AMI there would be re-
oured to refund duties under the recent decaon OF tho
supreme Court $4,000. 00O-the aggregate De'he
S273oj7 100. The estimated annual appropriations
wore ls.000,O0O, making a grand total u
e9o1 o6s lj4 Tic estimated receipts were Only
$500 600 OOO while the postal revenue would amount
IN s;7 600 600 making an aggregate OF S377,OOooOo
and leaving deficit for the next fiscal year OF over
| SI4 600 900
IN him They could be In degree accounted Tor
In the place the increase this year over last year
|
who was not willing 10 give this increase estimated TO
be necessary to pay the pensions due to the souers
Another clause OF Increase was tho River ana Harpor
IlIl which appropriated $l5250O0O making an nsgre
gate increase OF S3l,Ooo,ooo lie ao nan,1..
sss f from nSNE New YORK %is'' be
but they based the condition OF tne appro,
priation bills at this time when some OF the DIS nan
rot passed the House. some were pending IN the srhs
and some were In conference. But lie was Icu 10 at-
nonish the House and especially the Democratic $40
OF the House. that 1t ought 10 follow cioseiy the recon-
incubation Of every one OF those committees ana To
keen the appropriations down to tho l0west point le
condition was OF apprehension, but IL was one
IN and demanded the utmost caution on tue
part the Democr attic side OF the Rouse TO see tn
unnecessary dollar was approplaeu III amp Vi 'o
annual appropriation Dla a.. ...,....o, y,
Mr. Morrison, of Illinois, said that me estlna,es vi
revenue and expenditure presented py uie kenIcha,
from New-YorK incorrect as MS purpoSS ~
them was unjust. IIe Mr. Morrsonl nau
had occasion tine ago to state hlt tne emu o tho
fiscal wear would show increased revenue anu u'-
creased expenditure. and now WITHIN TWO weeks % VIC
end OF the wear he stated knew to be the tac
that he had rather understated tban oNerst"eu .n'
esfimate he had made In hs report Every hiproPrlh
zion hill that had been through the House or Dcen re-
ported to IL had appropriated less tnan nau peci az
pronriaed FOR the current year 1t true that there
came an une xpected expenditure out OF the decision OF
the suprene Court the effect that the Goverhm.nt
must refund duties assessed packages ana covering
on mportcd gooda But the Democratic House was nor
reanon sibe for this This decision had come ~ result
Of Republican hunglng when they passed their tari
bill There plenty OF money tn the lreasry lo'uy
TO pay the SlO,00O.000 for tie current year. anu III
future years, II tho Tariff ELL were passed. WA ~
Uewitt's amendment attached. the $lOoOO.0Vo woun
be paid into the Treasury Instead OF being para out.
Mr. IIiscock denied that he mad been mistaken IN MS
mated reyenur exclusive OF postal revenue wonld
amount only $3.50, 900, 900, while tno ehpenutuos,
| exclusive Of postal expenditures, amounted 10
| S3ia, 767 ,OOO leaving deficit of over Sl4ooooo@