The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-12-09
UNCLE SANS MONEY Bon.
Annual Report Of the Treasurer OF
the United States
ROE the Fiscal Year Ended June 30. 1882
a Gratifying Improvement LA
the Condition 90 tho
Public Debt.

The net ordinary FNFtt4lNS Va tAN 49,
s-ruraeut for the fiscal year were S'''i,-
.xxs. "a, a decrease ~ Sai.6'4,o65 as com
<,xrcss with the year before. The net ,
Spdinary expenditures were s3i5.02'',-
80, = decrease Of $40, 3i9.Sa4 The sur
r,Ysse revenues were thus cut down from
~. ~, scs 40 S,9.9l4.is% Including the .
s,1sisc debt the receipts for the year
Srcve ss7d 40t, 200. and the expenditures
3Css. oie. 80.
Considered with respec. 10 the effect
upon the treasury the receipts arc dl-
--iiess into two general classes. OF winch
ahe first. comprising the ordinary reve-
.uac>. the receipts from loans, and the
..ireoslts for the retirement OF national
g3ank notes. increase for the tinc the
~-xsh available for the uses OF the gov
ornament while the second arising from
sFe issue OF gold. silver and currency
certificates. United States notes ana
TREASURY notes, tend to swell the assets
If the treasury but do not affect the
available balance. For the first OF
these classes the figures show an ex-
S,rak of lightweight millions OF expen-
~issurcs over revenues in 1891, and one \
of upwards Of twenty-seven millions
au 1872. In the second class there was
an excess of nearly sixty-nine millions
of receipts in the former year and one
OF eighty millions in the latter AS
s.svuuxred with 1891, there was saving
of upwa rds OF fourteen millions of in
rerest out of which surplus was re-
Allied. notwithstanding the cutting
down OF the revenues by legislation.
Aualysizirg the true condition OF the
treasury and setting aside the trust
funds. the treasurer shows that there
xSs a working balance OF cash and de-
v,usits in bank amounting to s2O1,ll0,-
.ssa at the beginning Of the year and TO
sics.5is.iai ut the end OF the former
amount $4,000 coo and Of the Ter
ssfs.seo. 900 was gold. The 3 SIS
which has attended the efforts OF The
department - maintain q strong gold
srserve = considered satisfactory IN
~scw OF the heavy disbursements
The amount ~ the public debt is
given as 81. So o9f,5qi on June 30, 1891,
aud 81 Sc. sci, ii4 on June3o. 1892
The loans resting on the credit Of the
United States were cut down from
~. COS. 500. $50 To saGs. 2is,s40. while
ttuxe secured by FULL deposits in the
treasury increased from $50. 100, o3l {
3se0, 3tJ 500.
There was gratifying improvement
IN tho condition of the debt produced
ssy the reduction of the intcrest-bcar
ing loans. the conversion of natureG
zsoads into others payable ut the op
LION OF the secretary Of the treasury am
the extinction ~ considerable part 0
.he loans payable on demand. TIL
1ufai net reduction of ss1.5ST.720 il
these items was effected by the az
D}scatioR Of the surplus revenues OF tn
gear, amounting to nearly $40. 600 0'
together with upwards Of Sa7.0oO,0
taken from the cash IN the treasury.
According 10 the revised estimate
the total stock of money Of all kinds /
che country on June 80 was 81 .s.i 33i
,k9. an increase Of $3.50, 900. 900 in til
wear Nv eliminating that part Of th
paper currency, which is purely repr
sentative. consisting of certificates
deposit and treasury notes. the effecti'
stock is found To have been 81. 153, 95s
-4s an increase Of $i0,000,OO0. III
monetary history Of the past year, hov
ever. has been peculiar both in u
movements Of gold, which have bee
su~rcased, and in the other chang
that commonly occur with the chang
al the seasons, but have this year be,
Ie>S marked. The increase Of the c
fecfivc stock Of money from Septemb
to September was only s5o.00o.ooo
Discussing the changes in the amou
and c1sn position of tn money in stoc
the treasurer finds that the increa
~aich marked the fiscal year was I
1~sait of the production Of nearly 81
slse zoe OF gold in excess Of the ind'
g.rsng consumption. fresh issue
5000. 600 Of national bank notes,
ycehcr with the changes in the sto
VI silver The gold exported bctwe
january aud September was talk
sn.ptiy from the subtrcasury in \
YORK Tn 10 the end Of June the wi
sfravais were made by the prcsentat
OF geld certificates but from that ii
ss che cessation of shipments mos
asDs tenders of United States no
md treasury notes.
or The aggregate stock Of money
shc end 81 the fiscal year, e7Ti. lJ2
yeas iu the treasury and minis. lcav
q. sc5 0si. 100 in the hands Of the =
ole The holdings Of the treasury
creased Sc .00o. Oy'0 and the amount
circulation sio0.01o. 900 during the W
FtgHrr~ arc yis.n 70 snow th't q
year during the last ten years I'll
mas occurred in the month Of Janu
q morr or less considerable diminu'
<E the gold reserve Of the trcas'
aEe~sging nearly go, nOO, 900, which
leea snccncded in February BY Z
eDey toward recovery. II j. sh'
Shat The decline has occurred 'earl
the face Of a gain Of gold. both 70
treasury and to the country. In
~ssf ten n.oa,hs of the year the tr
cry GAINED s2a, 100000 Of the metal
Shc country ,ss 600, 900. II thusapp
chat the depletion Of the reserve i
4,saseuucEce OF the increase Of
,-iscmiaLion u gold certificates
t-lrix> IL ~ shows grows out OF the
ssseuities which the treasury encour
IN the return Of the notes and $
G,rrai6cxcs Of small denomina'
-shsch are acnt out in the autumn
moving tho crops. The movement