Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-11-19
or U. S. Treasurer Huston Gives
Some Large Figures for the
Past Year.
STANLEY EXPLORING THE UNIT
60 STATES.
The Irish National League Express
Their Sympathy With Their
Leader.
INFLUENZA IN THE ISLAND OF
JAMAICA.
A Credulous Farmer Ribbed by
Spiritualist Ne
dunn.
telegraph 70 ihs NEws.l
THR ORDINARY REVENUES.
The Net Sum Amounts To- $ sos, oso.
PSI

TELEGRAPH 70 ihs NEws.i
THE ORDINARY REVENUES.
The Net sam Amounts To- sto3, ose,-
PSI
WASHINGTON, Nov. lS.-The an
nual report OF United States Treas
urer Huston shows that the net
ordinary revenues for the past fiscal
year amounted to si13, 050, 9S2, n
sum but twice exceeded in the his
tory Of the government. The in-
crease over tile year before was
SIC O30, 923, Of which Sll, TBS. 1911
came from the internal revenue.
The ordinary expenditures werr
s297, 735, 335, an increase Of Sl5, T39,-
s7l over the year before. This in-
crease was principally due 30 the
increase Of pensions. The surplus
revenues were SO, S4i, 1876, Of which
$40. 30i,2 was paid out on pre-
miums on bonds purchased.
The receipts Of the Postoflice de-
partment We're S6l, l05, OIL, aud the
expenditures 57, oil 263, an increase
Of between $, O00, 900 and 81, 900, 900
on both sides.
The aggregate amount for which
the Treasurer was accountable dur
ing the fiscal year was 81, 327. ia, 49,.
o. this he disbursed So3O, 247 ,U1S Oh
warrants. Deducting the amount
for deposit with the STATES and var
ious other sums, the amount re-
manning for which he was account
able was S757, 9I5, 07s.
The amount OF gold in the treas
ury increased during the year from
1903, 3S7, 7le 10 SS20, s33, IS, and the
silver from s3l5, l6O,719 TO 1915.
deposit. There was in the Treasury
belonging 20 the government on
June 80. 1859. sS26. 02s 92T. aud on
June 30, 1890, S2s6, 3Si, SIS. The
amount Of gold increased about four
millions, while silver decreased
nearly nine millions.
THE LIABILITIES
decreased during the year from
sl27, eSl, $50 to sl07, I24,7ls, and the
reserve, there being an excess OF
assets over liabilities, ran down
from sIsS, Og7, O4T to sI79, 260, O9T.
The total obligations Of the
Treasury on all accounts were
81 ,sI0, 6IS. 4T5 on June 50, lsS9, and
81, ~, 240, l63 on June 80, 1899, not
counting certificates of deposit. The
department paper, in the shape of
bouds and circulating notes, wa
reduced from 1880, 0s3, 1876 to ST.
l55, 400, $50. This was effected at a
total cost Of Sl2J, 952, 2I3 for prin-
cipal and premium. Nearly Sl4,-
O00, 600 Of four per cent bonds and
upwards Of $50, 100000 Of four
aud onehalf per cents were pun
chased.
Importantc changes took place In the
circulation, but Of n more peaceable
character than the year before.
There were gains Of fifteen millions
IN the stock Of gold, an increase Of
forty-three millions ia silver, and n
contraction Of tyenty-six millions
in the volume Of bank notes, result
ing in a net increase OF thirty-twO
millions in the aggregate supply Of
money. In round numbers the cir
culation on June 80, 1880, consisted
OF sos, OOO, 900 in gold and gold GER
tificates, S4l4, OO0, 900 in silver and
silver certificates. A change has
taken place IN the movement Of
United States notes. There was
decline OF activity in the issue and
redemption of gold certificates The
absorption Of legal tender silver in
circulation In the form Of certificates
Of deposits has been fully up to the
means Of the Treasury for supplying
il. There was also an output Of be-
tween two and three millions in
fractional silver coins, which en-
courages the hope that with good
management the Treasury, in the
cOurse Of n few years more, may be
relieved OF the redundant stock OF
these coins for some time on hand.
sEvESIY-THRFK BANKS
were discontinued as repositories
during the year and eight new ones
designated. The redemption Of
bank notes amounted TO nearly
seventy millions, q decrease OF up
ward Of eighteen milliens compared
with the year before, owing chiefly
10 the lower prices ruling for bonds.
The deposits for the retirement OF
national bank notes amounted to
only eleven millions.
Continued embarrassment has at
tended the work Of supplying the
country with paper currency from
delays and failures in filling the
treasurer's acquisitions for new
notes. He suggests thst greater
nexibility might be given to the
currency II gold certificates Of the
denominations OF five and ten dol
lars were issued. He urges the
necessity of an appropriation for the
transportation Of United States
paper currency 10 Washington for
redemption. With trifiing addi-
tional outlay the people could be
kept supplied with clean and fresh
paper currency, thus greatly lessen
ing the danger Of couuterfeiting.
The Treasurer claims the salaries
paid to officers Of the treasury are
Inadequate compensation for the
| duties performed, being less than
/ para IN Ntll-ulau1Scu pTlNdlc lusll'
buttons and less than paid in the
sub-treasury in New York.
THE NAVY.
In his annual report to the Secre-
tary OF the Navy, Chief Constructor
Wilson, referring to the gradual
disappearance OF the old wooden
feet, says there are now eleven new
steel vessels and one first-class tor
pedo boat in commission, and only
eighteen wooden vessels. The
| following vessels are recommended
| to be sold: Brooklyn, SdI0nG, Speed.
;ssiI, Rescue, Ossippee, Jtaiatd and
QlissneSauoh. Wilson says:
'Tn the opinion Of this bureau the
ideal commerce destroyer has been
attained in the design Of Cruiser
No. IL. She has sustained speed
grsatar than the swiftsst Atlantic
Trsyhounds, united with a power
full battery, immense coal endurance
and efficient protection"
Much space Ia devoted TO n de-
scription Of the three great coastline
Rattle shiu<. The armament Of thess