The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1888-10-17
TWO HUNDRED MILLIONS
The Surplus win Reach That
Amount Next June.
What I-sid Eeonemy and Careful
Sarang win Acenmpiish-Na
Bond Purchases.

WASHINGTON, Oct. i6.-AcIing Sec
retary OF the Treasury Thompson, in
speaking this afternoon in regard to
the probable condition Of the treasury
at the end of the present fiscal year.
said: "The appropriation bills having
all been passed by the present con
gress, some estimate can now be made
of the probable surplus OF revenue for
the fiscal year ending June so, 1889,
over the expenditures for the same
wear. Estimating one or two minor
items, the amount in the aggregate is
500 .000.oo0, with the estimate OF ex-
penditures from the permanent an
nual appropriations, which are put at
Si5. ,79s. making a total OF s42l .64o,-
. 79s. The total estimated revenues are
$ii0, ,509 coo, making an excess of reve-
rue over the total of appropriations of
about Sl9,G000o0, but this by no
means represents the actual sarplus of
revenue for the current fiscal year.
A careful estimate shows that of
these appropriations which are spe-
| eific and continuing appropriations
there viii lie at least $S7 ,uo0, 600 which
will not and cannot be properly ex-
pended during this fiscal year, which
makes an actual surplus OF $50, 600 900,
which is substantially the same
amount estimated bv the secretary in
his annual report. But even this does
not fairly represent the surplus rev.
enues for the fiscal year 1889; for in
the appropriations above stated there
is included the sum of about SIS, ,000,
600 for the deficiency in appropriations
for 1883 and prior years, which should
have been appropriated for at prior
sessions OF congress and paid out OF
the surplus revenues OF former years.
This, added to the above sum of $56,-
COO 000, increases the surplus revenues
OF 1Ss9 10 Ssi 10000
Tsis does not inclade the balance
which wili he turned into the treasury
on the s0'h oi June, iSs9, OF unex-
pended appropriations OF lss7
and prior wear, which, according
to careful estimates ma ie, will not be
less than SC, go eo0 la the expenditure
there i IL claaed nearly $is.oD1,010 for
the contingent fund, whieh is really
pant of tie surplus revenues and viii
make SIiZoe100o OF excess revenue
IN exeess of all ne ssary expenditures
o. the government for the fiscal year
1859. which would make an actual in
crease ST the surplus at the end of this
year of $iN4. 10000.
The estimate If the unexpenSed
balance at the cicse II this n-cai year
given above il extremely low COM
pared with the actual balances which
Il we remained unexrenasd IN pflor
sears. for isstarce, June 30. IS, the
uneIpcnoe.l balaisCe OF tie apsgopFl3-
tion isF the year waS ST5.5it. .nt1. on
the 30ih Il June, iSS7, Ssi.B4l, 30 for
The Gseal wear which euced on thai
8av. aneI for each @ tae wear, 1855 and
I isSs IL S,a- over s > 0tVl
The abave statement has reference
I 10 extess ii revenue fer the pres' ut
s.Scal yesr over expenditures tor the
same time, aid - ealireiy inacpen-
[ stei.t Gf the surplus Huw N thc tieaS-
srv. amounting - 81 .So3 inclld-
ting S2Gs,375 A. II fra tgonai coin AEy
I y : ton q tne present surplus not ex-
/ peEdei within tai> ii-ca, year for tie
oarch sse of hontls nsu-t he 4etie3 TO
I tie sIol oQ3.esQ "a arrive at tie act "a
urpius Nh ch vii reHain in the
tres ury Oh tie 5ith & Jane text
VITA geSpesL : 10 the = 9lahie reFe-
! uaie- so TIE ascas ycag iss9. tic ttsc..s
I ~ size tea nfy slos thlt curing The
/ pres u. seal wear .up 80 a. Il iac3-4alfis
Oesel,eF L., sac Tally Escg ip1s have ag-
gru-ats.s5 II - ,5ss6 = against <li9,-
Ss. 3 iag tae sane period ia1
.yfar. lac fl..a- o8 i on.y
81 81 .a37. whici may DC mors
/ tsAa maze tp hy increased Eesespts
,.ssri ~ the remainder of the yezr. aIid
I n hb.h ,lpcr aSr j. bot mare than T.
/ u al curing tie few neats4s il4isse-
s4aate fse rdss Z fsresl eaii1i sate-
I tisu- I'll, re =. IA reiere. 80 ies sois 80
Helieve n { the sal re s'gis IN the
Eisrzi year Il 3 vii tsll i-ios is,e esii
ns4ss.i tcce p ia sieN o4 the ~
easel sctisity IA ali branches o; s'sss
ine teievea e. ~ih tahy "a al
ii 10. excec<s the estimate.