The Indiana State sentinel., 1891-06-24
THE DEFICIENCYT HERE,
And 1t Has Probably Come
to Stay.
The Surplus Has Entirely
Disappeared.
Pension Payments Are Larger
Than the Receipts.
News OF Stringent Restrictions
from Santiago.
The Harrisons Go to the Cottage-..Other
Capital Notes.
News OF Stringent Restrictions
from Santiago.
The Harrisons G 10 to the Cottage---Other
Capital Notes.
BUREAU OF THE SENTINEL, !
No. 14l8 NEW YORK.AvB., Y. W., }
d q

BUREAU OF THE SENTINEL,
No. 14l8 NEW YoRK-AvB., n. W.,
WASHINGTON. d. g., June Is.
The surplus is gone.
The deficiency has arrived.
Even the dishonest form of statement
adopted by Treasurer Jordan does not
avail to show an apparent surplus. The
deficiency is here, and there is every rea-
son to believe that it has come to stay.
The treasurer's statement, TO be issued
tomorrow, will show deficiency OF $780,
600 instead of the usual net cash balance.
This is the first time this has occurred
since the present form of statement was
adopted by Treasurer Jordan.
In making this calculation, however, no
account is taken of the S22.0O0,000 on de-
posit in national banks and the S20,000.000
fractional silver in the treasury.
The expenditures so far this month have
been IS. 1SS, ,2S4 in excess of the entire rev.
enues of the government during the same
period. amounting to SIS. 221, ,S52.
These were exceeded by the pension
payments alone, which amounted to S1S,-
Sl2,155.
Treasury officials say that the expendi-
lures during the remainder of the month
will be light and that the receipts will be
sufficiently heavy to overcome the present
excess OF expenditures and leave a small
surplus for the month. These same Of
ficials say that the treasurer's statement
tomorrow will not include the receipts
during the past two days, and that if it
did an actual surplus of 81 100000 would
be shown instead of an apparent de-
fciency.
But all these qualifying explanations
are mere baIderdash. There is deficiency
and an absolute certainty of its continu-
ance. Secretary Foster has held back ap-
propriatioas for public works amounting
TO nearly Si1 100000. Several millions
appropriated by the first session of the
billion congress for the improve.
ment of rivers and harbors have
not yet been paid out of the
treasury and the contracts were DELAYED
long enough TO prevent the work being
completed before the meeting of the next
congress. If the contracts for public
WINE ndtA llluc UCCn tStldl cu Tic uC-
fciency would amount to several mil
lions today. Every means imaginable
have been resorted to to prevent large
deficit. The last congress appropriated
3,500,000 to pay the Choctaws and Chick
asaw Indians for lands ceded by Q
| former treaty, but payment has
been delayed although the Indians are
clamoring for the money that republican
| congress gave them. The sugar-growers
are somewhat apprehensive that when
they put in their claims for sugar boun
ties there will be no money to pay the
millions that will be demanded. The
ship subsidy people are beginning to in.
quire whether they will ever be able tC
get back from the government the money
they expended to push their jobs through
congress.
The fact is patent that Secretary Eos
ters billion dollar country cannot cope
with Reeds billion dollar congress"