Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1892-12-08
PUT IT ON WHISKY,
Says Secretary Foster, If You
Need More Money.
OTHER REVENUE FALL OFF
Is the Judgment Of Z US Present
6uarc
Senator Coke Says Tcxa ave culbur
son In The Cabinet u I Rcccn-
nlzes the Claims a.
nsr Democrat
OTHER REvENU,
Is the Judgment Of t
6uarc
FOSTERS Il AT.

port ut the secretary treasury
shows that the guVe revenues
from all sources durin mst fiscal
year were S420, SIS 10 the total
expenditures S4l6,95j.sn ing sur
plus OF S1,a14,454, with sh balance
OF the National bank ton fund
and few small item lie ADDED.
The surplus was S4O,IoU which was
applied TO the payment the public
debts and national bank
Compared with the iisoi r of 1871,
the receipts for lSa2 have n OF SJ2'-
6T5,0l2, the principal lo' neing Gus
tom house receipts So N, anu an
profits Of coinage, SOUS ~, on the
other hand there was g IN Internal |
revenue receipts of Sf,J ~ ana IN |
sales of District of @ mbln bonds
of S2,il2,I4I.
For the present year the mated rsY'
| onues are S463, 336, 1904. nnliihnted cX
| penditures SI6i ,,j5U 1904. AssN
These estimates, says the secretary, are
| based upon the conditions preNnlhhg PRIOR
| to the date of election.
Touching the gold reserve the reports
says the treasury has lithculn with the
| amount of cash ON hand above the Slun,-
| 100000 redemption fund TO keep sum
cient stock Of gold. II shipments con-
tinue as large as they have been during
the past two years, the gold IN the treas
ury will be diminished below the re-
serve line. The paintenance OF @iNer
at par has also increased the possible
charge upon the gold reserve and there
! fore tho SECRETARY suggests that the TO
serve for redemption of government opll.
OF at least - per cent OF amount
of treasury notes issued until inc aet
putioua should he increased to thc extent
of July Ii, 1870
The secretary saws: As will be seen
by estimates submitted, the receipts OF
the current and next fiscal year are not
likely IL present conditions continue, 10
full below expenditures. Yet. IN view OF
the fact that the surplus for TINS year
will he small upon the basis stated WIN
the probability Of n falling on ~ recelplsi
, | think the revenues should be 80 IN
+. crpascd ms to enable the treasury depart
I ment to maintain Il gold reserve Of not
\ less than $i25,Op0,OOO 10 maintain
r comfortable working balance In the
o treasury in cash. As II general revision
h of our custom laws Is not probable, ! uo
+ not feel like suggesting nny special
o methods for increasing the revenue
p though / should otherwise think an AL
J, diionnl tax on whisky, which could pc
= collected without additional cost, WouIu
q furnish an easy method.
5. In regard TO the monetary conference
ID he snyS: This conference Is now IN SEES
Y sion. and as yet little is known ns IL
ut what its action may be, beyond the gen
Is cral fact that the subject Of II better
u, use of silver as n money metal V recvlN
l
h may be the outcome Of the conference
IL 1t Is safe to predict that clearer idei
ii will be had of the views and purposes o.
K. the countries represented
N He gives statistics to show success OF
n, reciprocal treaties now IN operation nnd
d snys the result of reciprocity viii bl
n enlarged markets for our hgrlculturh
" and manufacturing products ana IN
l. creased employment for our SHIPS
D. OF imports aud exports oil the ohites
ii States during the fiscal Years from y,
e 10 Q2 he says These figures eNhibi
II n lntnentnble condition Of affairs. II
m would seem we were well henmed II
Ie by subsidized steamship COMPANIES an,
It WibRized railroads Of the Briush Coy
d erument mouopolizinE trade legltlmatel!
n belonging 10 onr own Pe9ple' - ~
toyyard such presentation by proNis
y ion In the statutes for payment 70 Amer
"a loan owned vessels Of certain classes II
Tho foreign trade is In the right direction
u ON The subject Of public buildings III
D. secretary says; The expenditures aui
ing the year ended September, 30 last
II were s6,T41 ,2SB, and outstanding con
tract liabilities are $2,s3l,1OO, maxim
10 n total of S0.51D,OOo.
n On the subject Of the Chinese e1
" clusion the secretary says that notwiu
r, stnudlng the severity OF Tue laws relnl
It their way into our territory, chiefly b
Is yyny of Canada. Provision Is made ia
1t ,bc' admission OF Chinese exhibitors an
s. employes OF exhibitors at the World
s, fair and tits probable. the secretir
u saws. large number OF Chinese labol
= crs will enter the United states by hi
G The sccretnry says at the close Of tl
fiscal wear no applications for certihcnt
~ had been made by resident Chimes
IN inborers and there seems TO be dete
y minatiou ON the part of the Chinese ne
~ 10 register
The secretary renews the recommends
10 tion of his last report that congref
4, ennct legislation TO make obligatory III
y =, use Of the metric system oil weights an
Ut measures In all tradsaction ut Unite
States custom houses
n on the subject Of quarantine the SCI
retary says: The state laws cam,
properly control or direct the inanng
m rnent Of great quarantine whore 9th,
ld states are Interested. The whole c0untI
should have say, in the ownersh
", aud management, ana ms enl only
~ accomplished by such legislative actio
er rs will forbid the collection Of qnnral
ne tue fees by state or municipal nnthoi
ne ties and which shall direct the nssiifn
N. ton OF quarantine duties by the INIT
M States This duty rests under the san
ie. authority as that under which law
re- relating 10 emigration are framed al
-. executed. Every serious epidemic IN
at tbis country Inns ever known Inns bet
NJ traced to Immigration and u must
20, apparent that the same auihJriiy ia
as controls immigration should control qua
ne antine. Admitting that any particuli
nd local quarantine may be perfectly ma
ier aged Of what avail Is It II neighbour
NJ mart has either lax or insufficient qua
no aniine facilities for inland e9minnnicatio
An quarantine IL 10 be iuliy eiheient
use lie successful In preventing the import
id- lion Of disease and only the strong ar
iat III the government directed under q
~ laws enacted by the representatives
m, ihc whole people can give confidence Al
a. security.
l lsa TO REPEAL THE SHERMAN LAY
10 washington, Dee. T.. Iieprescntau
nj Williams nus submitted the followii
dc. having in visw the repeal Of thp Shl
led unn lnw:
SEC. l. Tie secretary q the treasu
Der a directed 70 discontinue from aud az
he. de Isl day Of February, lhil3i tho 81
W. chase Of silver bullion ns authoriz
ar md directed b. an act di4e alg
vu purclase OF silver bullion aud 81
, n trrf sury notes therefor ant ~ otf
a purposes. Approved July u lnl3
at SIC 2 Altar th4 leFsKgr q IRIS
eli deposits received FOR The sea1a4pu