Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1890-07-03
THE MoRieuND SURPLUS.
Sacts aud Figures Which Should Set
People to Thinking.

Eacts Rad Figures Which should Set
People to Thinking.
In his annual report Secretary Win
dom stated that the aggregate receipts
into the treasury from all sources during
the last fiscal year were $3s7, $50, O5O,
and the total expenditures, including
sinking fund, were 1929, sig. 929, leaving
clear surplus of S57, 40, $50.
The Secretary also reported the aggre-
gate receipts. actual and estimated, for
the fiscal year whisa ends with this
month at 1885,, 900, 600 and the aggregate
expenditures, including sinking fund,
1T S341, 321, III, leaving clear surplus
of s43, CTS. $50.
The Secretary also estim ated that the
aggregate receipts for the next fiscal
year would be 1885, 600 600, and the ex-
penditures, including sinking fund,
$S41. 430, 47s, leaving a surplus of 49,
500, 522. And the President EN- bodied
shese figures in his message, adding the
remark that this estimated surplus for
next year "is more likely to be in
creased than reduced when the actual
transactions are written u.s.
In the light of events since the repor
and the message were written, what is
now the prospect in regard to the in
crease or reduction of the surplus?
During the current year the receipts
have exceeded the estimates. For the
expired eleven months of the year they
were 1864, 5S7, 600, which would indicate
total for the year of about 1897, 700, 000
If the revenue laws should remain I'M
changed we might expect a revenue
next year Of $40O, 900, 900, and perhaps
somewhat more.
Now as to expenditures. The appro-
priation bills, all of which have been
framed and most of which have been
passed or reported, call for $41O,-
$50, 013, including permanent appropri-
stions and sinking fund. The
xiyer and harbor bill and the additional
pension bill are likely to call for still
more before they become laws, swelling
che total to some S415, 900, 900, and per-
Aaps more. The prospect is, therefore,
chat instead of a surplus in excess of
Che estimates we shall have a deficit of
90, 600, 900 or SIS, 600, 900, even allowing
for revenue SIS, 600, 900 or $40, 600, 600
ia excess of the estimates.
But it is Mr.. McKinley's latest esti-
mate that his bill will cut off between
$50. 600, 600 and $50. 600, 900 of revenue.
This means deficit Of $50, O0O, 600 to
SIS, 600, 900 in case the bill becomes a
law, or q deficit of $11, 600, coo to $685.
600, 600 even if the payments into the
sinking fund should be suspended.
A Republican Congress at the very
outset of its career proposes to expend
nearly $40, 600, 900 more than it's Dem
ocratic predecessor appropriated for this
year and upward of $50, 600, 900 more
than it appropriated for the year be-
fore.
How do the people relish such extrav-
agance? Some of them may say it is
immaterial because Congress can set the
presses in motion and print all the
money needed to cover any amount of
deficit But rational men know that
the money to meet these extravagant
expenditures must come out of the
pockets OF taxpayers, and they will let
Congress know what they think about
it in about Eve mon ths.-Chicago
Times.