The Springdale news., 1888-12-07
Increased Expenditures and Failing Re-
 ecipts Increase the Pnblie Debt.

WASHINGTON, Dee. 2.-The public debt statement issued from the Treasury De- partment shows an increase in the debt during November amounting to Ell. .199.- sl7. Treasury disbursements have bean unusually large during November, the pension payments alone amounting to VI. .615 GOO, against but four millions and quarter i'll October, while receipts from all sources fell off two millions and q half as compared with receipts of the month previous. The net or surplus cash in the Treasury yesterday was 952, ,231 ,6I0. against S14, 4,49l 969 on November l. The interest bearing debt has been reduced $11 .9o0, 900 during the month, and now aggregates S947 ,0Gs, ,302
 The gold-fund balance has increased about SS,099,000 during the past month. and now aggregates S199, ,339 l33; and the sil- yer-fund balance has decreased about five and a half millions, and amounts to S19. 1l3,G9j. National bank depositaries hold S51, ,925,07s of Government funds. or two and a half millions less than on Novem- Der I.
 Government receipts from all sources during November reached S2S 590, 1S0. or nearly four millions less than during Oc- tober past and fully one half million less than in November, lSS7.
 Customs receipts during November amounted to S15,2s4 LOO, about one-half million less than in November, 1Ss7: re- ceipts from miscellaneous sources fell off one-half million, compared with Novem- Der, 1sS1. while internal-reyenue receipts were S10,333,350, or half a million more than during November, 1Ss7.
 Receipts from all sources for the first five months of the current fiscal year reach S1s0,51s 7G5, or about three millions less than for the corresponding five months ill 1887, while the expenditures for the five months of this year aggregate y141062,sI1, or eighteen millions more than for the first five months of 1sS7.
 AnnnaI Report of the Secretary of War.
 WASHINGTON, Dec. 3.-Secretary Endi- colt, in his annual report, alludes feeling ly to the death of General Sheridan. which ne says deprived the army of a chief pre- eminently fitted for such command. whose wide experiences ready resources and personal qualities made him tower of strength in council and action The Sec retary again invites the attention of Con- gross to the defenseless condition of our sea-coast and lake frontiers. 1t appears more important than ever that immediate and liberal action in this direction should be taken by the coming session of Con- gross, in view of the fact that the last ses- sion gave appropriations for the construc- tion of heavy ordnance. For the con- struction of needed defenses in which to place these new guns, an appropriation of Ssi0,0e0 is asked Torpedoes and subma- r'ne mines, the Secretary says, are now acknowledged by all nations to be abso- lEtely necessary to the efficient defense of harbors and sea ports; and for the pur- chase of these and the necessary appli- ances for operating them, and for experi- menting to ascertain the best of them. and for torpedo inventions, an appropriation of Sl, GOO is recommended.
 Under the provisions of the Army hill for the procurement of pneumatic dvna- mite guns, the necessary specifications are now being prepared, and adyertise- ments for proposals will be issued early this month for guns of 15-inch caliber to throw projectiles carrying charge of about five hundred pounds of explosive gelatine. Secretary Endicott renews tba recommendation made in previous reports