The Hot Springs star. (Hot Spings [Hot Springs], Dakota [Dakota Territory, i.e. S.D.]) 1886-189?, 1891-07-10
IHE PUBLIC DEBT.
An Increase of Five Millions
During July.
THE NEW FORM OF STATEMENT.
ci,cu,ar from Chairman nr,ce-A
Steamer Ordered to nchr,ng sca-Pork
inspection Mt Chicago-Tho First Sugar
License.

w WASdiNd1ONS JuIy 1.@Auo AousAly
public debt statement was issued in an
entirely new form. It combines both
the secretary's statement Of the public
debt and the United States treasurer's
monthly statement of assets and liabili.
ties, heretofore issued separately. Com
parison with the last monthly statement
and the statement issued July I, 1890,
shows an increase in the public debt
during the past month OF s5,-
100000, and a net reduction dur
ing the past fiscal year of sss,ooo,-
coo. The surplus in the treasury in tho
uew form of statement is placed at $751;
R0s, sos, or about 100000 less than u
month ego, with no change in the inter-
est bearing debt of the government dur
ing the past month. The bonded debt
is $Si0, 0,5a9, ,1a0.
Secretary Foster gave out the follow.
Ing statement of cash in the treasury,
which will hereafter be Issued: Here
tofore the manner and make up Of the
monthly statement required the show
ing of IN increase or decrease IN the
public debt. Under this form it has
happened ON several occasions that
when large purchases of bonds were
made the statement following would
show an increase of the public debt
when reduction had really been eff
fected. This was owing to the fact
that the principal and premium paid
for bonds reduced the cash ON hand
beyond the amount of bonds actually
redeemed. The secretary has con-
cluded after much thought on tho sub
ject to separate the statement of tbs
debt from the statement Of the cash in
the treasury. Hereafter the statement
Of the cash on hand will show the net
increase or dccrense from month to
month and this statement viii be q
part OF the form now adopted. In maxi
ing up the new statement Of tho cash
in the treasury the figures Will plainly
show ths different Einds of money in.
clu'ied in the total. Against this total
will be stated tho cash habili-
tica. This part Of the form
1iit;es statement heretofore issued by
the treasurer. In former debt state.
ments tho accrueI interest and interest
due and unpaid have appeared as cur
tent liabilities. These ite,us have been
eliminated. The ,natured debt item is
made up Of tho remnant Of bonds and
| other forms OF indebtedness remaining
unpaid from tho foundation Of tho gov
ernment. 1t is assumed that less ti,au
| IS per cent. Of these will over be pre-
sentts, for payment. These ;Ve now rs
heretofore carried OF. the debt state
,aent. hut not as liability against
| cash"
Government receipts from all sources
during tue past fiscal year aggregated
SOL, $780, ZIG or about 81, 300. .003 less than
during the preceding year. Customs
receipts wc1a Ssa19, ,65S. or about Sl0,-
too, ,Gu0 less than during the preceding
year; internal revenue receipts were
b145, ,9i3, ,25l, an increase over the pre-
ceding year of $3.50, COO, and receipts
from miscellaneous sources were nearly
s33G, ,0oo.ol0, about $5,000,OCO greater
than the preceding year. On the other
hand expenditures during the fiscal
year just closed were $33s, COS 1924,
against $3ts, ,040,7l0 during the preced;
ing year; S17,5O0, GOO Of this increase is
found i'll the pension charge CT $134, ,4la,,
ITO for the past year.