The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-12-10
FOSTERS REPORT
A Falling off in Customs Revenue
Receipts.
THE M'KINLEY LAW PRAISED
Effects Of the Reciprocity Treaties-The Chin.
ese Exclusion Acts-ImmigratiO Cues
tiOns-The Seal Islands.

WASHINGTON, Dec. 9.-The annual report
OF Secretary of the Treasury Foster shows
the revenues of the government from all
sources during the fiscal year, ended June
30 last, were S45S, 81, 233; expenditures,
S42l ,SO4, 450; surplus. S37, 239, 1872. There
was applied to the payment Of the public
debt during the year 1884 947, 635. AS COM
pared with the fiscal year 1890, the re-
celpts for 1891 fall of S5,4IS. $40. The
postal and internal revenue showed an in
crease Of over 100000 and 1900, eco re-
spectively. and there was also a large in
crease in the Pacific railway sinking fund,
sales Of Indian lands and other items, the
total OF increase being SIC, 209, 1O8. On the
other side
TIE CUSTOMS SHOW DECREASE
of $40. l46, 379. Profits on coinage, assays.
etc, over 81, 100000. Sales of public lands
nearly &, 900, 900, and other items bring the
total to SIS, ,951, leaving the net de-
crease mentioned above.
There was an increase Of S57, 636. 19S in
the ordinary expenditures of the gOvren-
ment of which $50, 729, sec was in the civil
establishment; S4,512, 100 in the military,
S5.3j6,OO6 in the naval, Sl,Si9, 423 in the
Indian service, s17. AS, 096 in the pensions.
and 81, Al ,S57. or the increase in the civil
establishment the most notable items are
Sll ,52l, 497, refunded of indirect taxes So,
O39, I03s repayment to importers Of excess
OF deposit; 81, 9S3, $50, customs draw backs;
81 ,Os5,24O. French spoliation claims: 81, 93S
333. expenses of eleventh census; 81 ,0S1,
QUO, colleges for agriculture and mechanical
arts; 81, 59S, 29S salaries and expenses Of
United States courts. For the present
fiscal year.
THE REVENUES ARE ESTIMATED:
BCustoms, sls5, 600 900; internal revenue,
1852, 00O coo; miscellaneous sources, S25,-
GOO 900; postal service, S51,OO0,0OO. Total,
1888, 00O, 900.
THE EXPENDITURES ARE ESTIMATED;
Civil establishment, 800, 900; mill
tary establishment, SAC, 900, 600; naval es-
tablishment, S32, 900, 600; Indian service.
s12 600, 900 pensions, 1925 600, 900 interest on
the public debt, 500, 000, 600: postal service,
s71 200, 900; total, S409, 100000; leaving an
estimated surplus for the year Of S24, 0OO,-
GOO.
Reports estimate the cash balance avail
able June 80, 1892, at S139, 12S, coo. The es-
timated revenues for the fiscal year 1898
are s455, 1886, $50. Estimated appropriations
required for the same period as figured by
different departments, S44l, 900,0 93. Esd.
mated surplus s14.036, 256 The require
ments Of the sinking fund for the current
The secret airy details the figures OF the
A. per cent. bond transactions which have
already been made public He speaks Of
the withdrawal Of public moneys from ma
tional bank repositories and says further
Withdrawals will be made from time to
time when it can be done without detri.
ment TO business interests.
THE AMOUNT OF MONEY IN CIRCULATION
has largely increased since the close Of the
fiscal year. The amount July last was
81, 4g7, 40, 900 and the amount per capita
S23.41 Since then the return of gold to this
country, the operation of the silver act and
the disbursements on account of bond re-
demptions, pensions, etc, have enlarged
the volume to 81 81 1852, 900, and per capita
to S249S.
The secretary gives statistics as to de-
posits and purchases Of the precious
metals, the coinage of the mints, which Is
the largest in the history of the country,
and all of which has been summarized In
bureau reports. .The total
AMOUNT OF SILVER BULLION PURCHASED
under the act of February. 1878, up to
August Is, 1890, was 1928, 635, SIC. 10, stand
ard ounces costing s30S, 1893, POL, an average
of 81 .05S per fine ounce. The amount puF-
chased from August 13, 1890, to June 90,
1891, under the new act, is $50, 10, 125. 81,
tf,tJ
an average of S1.045 per fine ounce. Up to
| November last, the total puschsse under
the new act was 500, 5SS, $50. fine ounces,
costing SOS, 626, sos, an average of $1.03.
The secretary makes recommendations rec
garding the recoinsge of uncurrent silver
coin, etc. He urges the erection of q new
mint at Philadelphia.
| Touching national banks he calls atten-s
ton TO the report of the comptroller of the
currency, and end orses that officers sug>
gestions as to amendments to the present
law.
| On the tariff the secretary gives figures
and comparisons which will also be found
in the Presidents message, and
ARGUES IN FAVOR OF THE PRESENT TARIFF.
He earnestly renews the recommendations
of Secretary Window for the amendment
/ of the laws relating to the administration
/ of the customs service.
The secretary sreviews the internal reve-
nue. statistics as set forth in the report Of
the commissioner and urges legislation in
\ accordance with the commissioners recon-
mendations. Foreign commerce is reviewed
at great length.
! SPEAKING OF RECIPROCITY,
he says the treaty went into effect with
Brazil April l last. The exports TO that
| country since show an increase of 81 ,307, =
| UOt ONSE LAC Gull SopOAO4uB pSE4Ou last year.
Treaties with other countries are not yet
long enough in operation to show their
effects.
! Much space is devoted to navigation
questions. Tables are given showing the
decline of our merchant marine in the past
thirty-hve years and Congress is
urged to take no backward step.
| Changes in trade and commerce and
the rapid growth of seaboard towns, es-
pecIslly on the Pacific coast, often
make it desirable to enter and clear vessels
and discharge at places other than ports es-
tablished by law. To meet exigencies Of
this character, the secretary should have
authority to designate places or ports where
customs officers may be stationed.
The secretary devotes much space the
THE IMMIGRATION QUESTION,
of which he says II ever there was one
which ought to be treated INDEPENDENTLY Of
partisan politics, this is it. The Chinese
question is also considered at some length,
4 dwelling especially on the snug
cling nf them in through Gan