Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1889-09-14

1901 like dSI0oluS Will tHohI, onne Aihe
the sovereign Of England, as contem,
plated by English law, the Republican
party is incapable Of doing a wrong. But
that is not the kind of journalism that
meets with the approval of fair-minded
men, and the sooner the Helena Journal
and the Inter Mountain make the dis
eovery the sooner the former may hope
to be a respectable rival of the Independ-
emit, and the latter of The MINER in all
that tends to be a reputable journal, cir
culation not excepted. The MINER is
Democratic, but it does not propose to
shut its eyes o. seek to explain away
any blunders which its party may COM
NIT, but, on the contrary, it will expose,
criticise and condemn wrong, 10 matter
what its credentials may be.
Tt is not necessary to tamper with the
records to prove that the Republican
party has always wasted and stolen pub
lie money, o to show that they. are
still ready to get in their fine work
whenever a Window left unbarred. The
Republicans at Washington know how
to reduce the surplus without free trade,
and they are getting there, as will be
seen by a perusal of the following ex-
cerpt:
There is, says the Washington CORE
spondent OF the New York Herald, goou
Democratic campaign thunder in the Aug
ust statement of the public debt. The debt
has increased within the month $6,076,-
500, and within the first two months OF the
fiscal year it has increased 81, O94, O03.
The contrast between July and August,
1888, the beginning OF the last fiscal year,
under the prudent administration OF Sec
rotary Fairchild, is at least remarkable.
The debt was decreased in August, 1888,
81, .676, and during the two months of
July and August it was decreased $11,461,-
974-a difference in the record of the two
months Of SIS. 555, 977. This result has
about this year in spite OF an in-
crease OF over $500, 900 in the receipts since
July 1.
A part of the difference is accounted for
by the payment during August, 1889, OF
So, 73S 800 as premiums on bond pur.
chases. against 81, 3O2 ,932 in August, 1888.
The figures for the two months were
81, O38, 546 in 1889 and S1,4OO,619 in
1888. The difference is not due to the fact
that Secretary Fairchild's purchases were
SO much smaller than Secretary WINDOWS,
but that he bought more largely of the
four and a half per cent. bonds at an aver
age price OF 1OS. while Mr.. Window has
bought more largely of the four per cents.
at 12S.
This difference, however, accounts for
but 50, 500, 600 Of the increased expendi.
lures for the two months.
Corporal Tanner, the chief of the pension
has made even heavier inroads
upon the surplus than he did in July. Fills
record for the month is $2O,24 969, and
Tor the two months $35,492, 214. The
total for the sa mt two months OF 1888
$25, 947, 1888. The total appropriation
'or pensions for the present fiscal year is
sSi ,756, 700, and at the present rate OF
progress the commissioner would exhaust
The amount in lees than five months and
,reate a surplus of twice the magnitude OF
5he original appropriation OF no more than
or forty millions.
But the dashing commissioner of pen.
lions should not be made the scapegoat of
he increase in expenditure. For the last |
;hree months the ordinary expenditures OF
;he government, which exclude pensions, |
and premium, have shown a steady
over those OF 1888. In June the
igures were $40, 932, 4O3, against 50. 615,-
'15 in 1888; in July they were $1S,277,-l
re. against $12,650,s99 in August they
Fere SIS, ga, 5ss, against $40, 979, s72.
The receipts from customs show a slight
nlling off during the past month, being
40, 819, 935, against $21. 9ss, SOC in Au-
ust, 1888, but there is q compromising in
rease in the internal revenue receipts,
,hich are $11, 955, 233, against $1O,631.-
0S. The total receipts for the month just
asst were $34,47o, 9O5 and the expen,
itures $685. 69, 249.
The total debt, less cash in the treasury,
now 81, 063, 49, 25. Theinterest bear
,g debt is made up of $131, SOS. 900 OF AZ
er cent bonds, due in 1891. and $685.
Al. 900 OF 4 per cent bonds due in 1907.
he surplus in the treasury is o $43,-
80, 900, against sos, s57, O9e a month
90, and $1O7 ,673.32O on August 81.
ssS.
Notwithstanding the adherence of secre- {
Try Window to the conservative policy of Z
scretary Fairchild in buying bonds, the +,
lministration seems to have been emf /;
entity successful in getting rid OF the sur
us. II matters 60 on 1t this rate it may
a question with congress how to raise
venue to meet q deficit rather than how
reduce taxation upon the people.
- ~
SAT UPON. C
Corporal Tanner Of pension notoriety d
either sitting on the fence awaiting 0
-.---rk- =