Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-29
WINDOWS COMING REPORT.
Synopsis of What ,he Forthcoming Report
of the Secretary of the National
Treasury Will Show.

WASHINGTON, Nov. 2S.-The forth
coming report of the secretary of the
treasury will contain several tabulsted
statements showing as near as posi-
BILE the exact amounts of various
kinds of money in circulation among
the people of the several different
periods from 1870 10 the present time.
From these tables II is shown that during
the twenty years from October l, 1870.
to October l, 1890, the total increase OF
circulation was over 1927 900 900, max
ing an increase per month of So ,O32 1876,
MI increase per capita In 1870, being
Sl9.9 and in 1890, S23. SO. During the
last ten years the average
monthly increase was So. 966 1892 !,
an increase per capita OF So SO. For the
period of nineteen months from March
4, 1889. to Oct ODER l, 1890, the aggre-
gate increase of circulation among peo-
pie was 500 500 ,Sl3, making an average
monthly increase of 81 $40 1853, an in
crease per capita of about 81. so, while
the period from March 4 1885, to Octo-
Der l, 1856, the aggregate decrease in
circulation was S2l ,S59 493, nm average
monthly decrease Of 81 l50 800 i,
making a total difference in favor
of the last nineteen months of over
Sc 200, 200 per month. For the period
of three months from July l to October 4,
1890, the aggregate increase in acrual
use among the people was SGS 1854 $50 (,
making an average monthly increase
since March 4, 1889, which is mainly due
the present policy OF keeping the sur
l,r, h.a ,hns
and redemptio of bonds, thereby cav
ing interest and restoring the tendency
to circulation. while large decrease in
circulation for the corresponding period
from March 4, 1885 to October 1886, was
due to the opposite policy.
II the postal revenue arising from letter
postal could be put aside from its proper
use, millions of letterwriters of this
country might quickly be permitted to
enjoy reduced taxation on letterwriters'
In point of this fact there is clear
gain Of nearly $50 GOO, 600 from
letter postage. This large profit
with the annual deficit (Which last year
amounted &c S56 1856 1900 appropriated
out of the general treasury is all swal-
lowed up by losses on other classes of
mail matter carried at less than cost
of distribution and handling. There
need be no conjecture as to the principal
item of cost on trying TO drop 10 a
one cent rate. The amount re-
ceived from letter pnstnge last
year was something over $3.50 900 600.
This sum would be cut exactly i'll half,
and We would therefore get but little
over $40 900 900.
The deficiency for the current year Is
likely to he 81 $50. 900, which would
make q total deficiency of S2S 800 900
and more. This large deficiency under
the one-cent rate would be reduced !;
first, 10y a natural increase of business;
second, by stimulus of low rate Of
postage. and third, by completion Of
pending legislation to collect proper
postage from sample copies So calledl
of newspapers and from paper-cove-ed
books.
The most formidable item presented
for consideration Is the SIS 200, 900 worth
of postal work performed annually with
out pay for the executive departments.
II each OF the departments had paid its
postage the revenue of this department
would have been So, 200 200 more an-
nualiy than now.