Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1892-01-25
TALK BY 4 TREASURY MAN.
He Give the Way. aud Means Comm it
toe Some Financial Points.

He Give the Way. aud Means Commit
toe Some Financial Points
WASHINGTON, Jan. 25.-Assistaut Secre-
tary Of the Treasury O. 7. Spaulding ap-
peaued before the house ways and means
committee Saturday 10 give information IT,
garding the government financial condi-
ton. II vas desire! TO hear Secretary Eos
ter, but he was ont Of town. not vet r-cov-
cred from his recent illness. The commit
tee wanted information regarding the rev
euue- aHC expenditures Of the government.
a. pTelITlinaryto possible tariff legislation
Mr.. Spalo ing said be would make com
pari>On between the current fiscal year and
the fiscal year eudet June -. $50. the wear
before the present tariff acaweut into ef-
feet He would give the actual receipts up
TO date, and estimate those for the balance
Of the year.
Receipts Prom Different Sources.
He said the customs receipts for the six
months ended Dec. 81, IsSa, were SII9 62g. =
GO; current six months. $s5. - 90: first
twenty days in 1890. SI36l3.p.i: first
twenty days OF This month. Sll. 995. coo.
| making customs total to date, 81, IL :. OO9,
against Sl2,@342 60 two years ago. Total
from customs Tor fiscal year 1890. so. So.
! 90. e-tinated total this year. SIS. GGU.Us1.
| Internal revenEe receipts for the six
months ended Dec. 81. ISs4. ssjs. 52l GO: for
I the current six months. 81. O51 go. for
twenty da = Of 1NtJ. II. I25.OSJ: first twenty
! days Of IS. :. - -fJs GN: total internal rcve-
| nue. receiPs for the fiscal Year 1870 Si42-
bb.VD. foil. estimated for Issf2. Slj2 ESQ.,
| Co. Miscellaneous receipts for the six
months 81 dcd Dec. 81. I>sH. Sl4747.upD. Tor
| the current six months. 81. 34 90: total
! for fiscal year 1890 so, SO O1n: total lesfi-
| mated for the current year. -. 0ts.0r9.
Figures Out So coo, coo >urpius.
] The tota receipts from all tht.se sources
| for the frs six mont h. Of the current fiscal
year were SlI4.15l.G00 against S1s2. sg7. coo
| for the frs SIX months two years ago: for
the first Tvs enty days OF the present month
81. $50 against 81, 5000 two years
ago; total revenue (estimagedj for the cur
rent fiscal year, S3'i2 90, UD0, against S4I3.
| 07g, 600 for the fiscal year 1899. The
actual receipts of SlI4. l5l go for the
| first six INC tis Of the current fiscal year
were about S7,GN10 more than the ex-
penditures for the corresponding six
months, the expenditures being 1916. O,4,-
90. The expenditures testimated) for the
| current fiscal year were Sz,3S, 000,00 or
about S34.O 0,OO1 less than the estimated
| receipts of S}62. 100000
The Gold Reserve.
He thong At the gold reserve of Sl00, co.,
900 could he used in pinch, as there
was no law forbidding this; but according
to his figures, IL this reserve were not
! counted nor the fractional silver fund, the
| books would still about balance. The
sinking fund was far ahead OF the require
! Inents of law; the extended bonds were ex-
| tended at ne option of the government.
not the holoer, and he believed that at the
end of the f seal year 1923 there would be a
balance to the credit of the government of
about Sc, 900, 700, taking account of every
thing that was probable in the way of ex-
PcnuI6ur-...