Wichita eagle. [volume] (Wichita, Kan.) 1886-1890, 1888-10-17
THE TERRITORIES.
Continued from First Page.

a total of s421 $40. 49, The total estimated
revenues are $40, 500, 900, making an ex-
cess of revenue over the total of the appro-
priations of about Sl9, GOO, 900. But this by
no means represents the actual surplus Of
revenue for the current fiscal year. A
careful estimation shows that of these ap-
preparations which are specific and con-
tinuing appropriations. there will be at
least So, 600, 900. which will not and cannot
be properly expended during the fiscal
year. which makes an actual surplus OF
$50, 900, 900, which is substantially the same
estimated by the secretary in his annual
report. But even this does not fairly rep
resent the surplus revenues for the fiscal
year 1889, for in the appropriations above
stated there is,inclUded the sum Of about
5000, 900 for deficiencies in appropriations
for 1888 and prior years, which should have
been appropriated for at a prior session of
congress and paid out of the surplus reve-
nues of former years. This, added to the
above sum of s56,0OO,0O0, increases
the surplus revenues of 1889 to
81, 1000, 900. This does not include the
balance which will be covered into the
treasury on the Both of June, 1889, of I'M
expended appropriations of 1887 and prior
years, which according to the careful esti-
mates made, will not be less than S6.000,
600. In the expenditures there is includ-
ed nearly S4S, 000 900 for the sinking fund,
which is really part of the surplus rev
enues and, if added, viii make
a total of s122, 600, coo of revenue in
excess of the actual and necessary
expenditures of the government for the
fiscal year 1889, which would make an &C
tual Increase of surplus at the end of this
year of S104000,000
The estimate of uEexpended balances at
the close of the fiscal year given above is
extremely low compared with the actual
balances which have remained uneXpend-
ed in prior years. For instance, June so,
1888, the unexpended balance of the appro
priatlons for that year was So, 5l4 COCOON the
Both of June, 1887 So, 81 ,S95 for the fiscal
year which ended on that day and for each
of the years 1886 and 1885 it was over SI3,-
600, 600. The above statement has refer
ence to excess Of revenues for the present
fiscal year over expenditures for the same
time and is entirely independent of the
surplus now in the treasury, amounting to
fractional coin. Any portion of
the present surplus not expended
in this fiscal year for the purchase Of bonds
must be added to the Sl04, 900 900 to arrive
at the actual surplus which will remain in
the treasury on the 30th of June next.
With respect to the probable revenues
for the fiscal year 1889, the books of the
treasury show that during the present fis-
cal year up to and including October 10,
daily receipts have aggregated S1l3,9S6, $50.
as against Sis, SOS, 413 for the same period
last year. falling off of only 81, SSl ,907,
which may be more than made up by in
creased receipts during the remain
der of the year, which decrease is not
more than is usual during the
few months Immediately preceding
presidential election. There is, therefore,
no reason to believe that the actual re
ceipts for the fiscal year 1889 will fall be-
low the estimated receipts. In view of the
increased activity in all branches of bust
ness, it is believed that they will fully
equal if not exceed the estimates