The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-12-08

The estimated expenditures are as fol.
lows:
Civil establishment. SIns ON nr
Military establishment. sa.oo1'00f
Naval OBSERVATION-DISCLOSURES. 81. Ooe.iG
indian service. 1900, GE
Interes. on public debt os'sfoas
Total -s4sl. 1885,, $50
This leaves an estimated surplus for the
year of $2,000.00O. and an available cash
balance in the treasury at the end of the
fiscal year Of Sl20, 392. 37s. The revenues
for the fiscal year 1894 are estimated at
$4so. III 1865, and the appropriations re-
CURED at s457. 261 .335, exclusive of the
sinking fund. or an estimated surp,us of
$780, SCI. o5o. which. with the cash balance
above the gold reserve, would make an
available balance of $50, $50, 407, and de-
Quoting the accruing obligations this
would leave $47, $50. 407. Chargeable against
this are the unexpended river and harbor
ana ordnance appropriations of 81, 400, 900.
ana no account IS taken of the sinking
Iuho requirements, amounting to $4S, 6O0.-
w., peyond the redemption fund, esti-
mated at 5000, 900. The secretary saws
the estimated receipts are on the basis IF
conditions prevailing prior to the late
. election. Public opinion having decreed a
changed policy in the tariff laws. the AL
tered conditions render it impossible to
estimate the annual income with anv de-
gree oil accuracy. and it is impossible to
predict the effect of proposed radical
changes on future revenues, but that the
inevitable result of the tariff reduction ayi-
'a'oh Viii De a falling of in importations
ana revenues. He says the facts fnllv
justify the opinion that the large increase
In receipts may be ascribed to the marvel
Gus prosperity of the country under the
present revenue system, which would if
continued, enable the department. during
the coming fiscal year to meet its obIiga-
IONS without the impairment of its cash
ana thereafter continue to show a mater
iai improvement in condition. The sink
Ing iund shows S9,905. Ion. 81 more than re-
CURED by law credited to it.
He eommends the repeal of the act of
1851, authorizing the application of the
surplus money to the purchase of United
states bonds, in view of the large decrease
IN the national debt and the probable I'm
iuFe condition of the finances. The treas
ury has difficulty with the limited amount
OF cash on hand above the 500 600 ON
redemption fund to keep a sufficient stock
oil gold, and II the shipments continue "a
large as during the past two years the gold
In the treasury will be diminished below
the reserve line. The maintenance of siI-
yer at par has also increased n possihje
charge upon the gold reserve. The seere-
Ify therefore suggests that the redemp-
tion OF government obligations should he
increased to at least 20 per cent, of the
amount OF treasury notes issued or tn ha
issued. under the act of July IL. 1890. In
view OF the probable falling off in receipts. |
ne thinks the revenue should be increased
10 enable the treasury to maintain a rold
reserve OF not less than sl25. 900, 600 He |
suggests an additional tax on whisky "a |
an easy method of increasing the revenue |
me secretary says that whatever may |
ne The outcome of the international none |
sary conference. it will give a clearer idea
VI the Vie" and purposes of the countries
.sPleseh'ed- The secretary also says a
good word Tor reciprocity.
On the subject of customs the secrat.,v
recommends the abolition of fees; the es-
saoasiiinent OF a fixed salary for collectors
ahd surveyors; the consolidation of cus-
TOMS DISTRICTS, clothing the secretary with
power to abolish districts and discontinue
minor ports; revision and modification of
tue customs and navigation laws. and the
appointment of a commission for the mr.
f'Se- lie gives statistics of American
''lanhercs and American ships. and su,-
ses'S the continuance of the policy of en-
.ai"Eihg american shiphuilding against
subsidized foreign ships, with an ulti-
we" 10 taeir use as naval a~uxiilaries.
i"e secretary recommends a change in
~ methods OF ~dlshursing public MONEYS
asa 4" settlement of public accounts by
quitting she entire matter of control and
aaeifins under the direction of a comm
.'''er general or the chief comptroller of
we treasury At the head of a board of
officers.
StsaAihg OF immigration, the secretary
'i tue opinion that a rigid examination
- - pace OF departure was a prohibitive
.S VI the law # executed with any
considerable degree of efficiency. The
-. Tor emigration Is within the con-
10 ~ Congress. The secretary recon-
e'os an increase of the head tax He
80 mat the sum should be such as
~'i equal the cost N Immigrants 10 ,a..h
..oath America or Australi. Sneakirc,s
4iese exclusion, the secretary saws tina.
"astshdiag the severity of the law
- ,hiasse get into the country, chiefly
tcdsi tanada~ lie thinks i, nrobahia
-" Il large number of Chinese Iahorers
'"'eF she United States under the pro-
49, ioF The admission Of Chinese ex-
rloyes. ~ h
nc secretary Tenews the
:" 4 nis last annual report that early
he taAen by congress toward such
.esI'iatlon As will make the use of the
''ie system 81 weights and measures
sN.'S"'oFy IN transactions at customs
@Vases on and after the first dav of fSa5.
~ me subject Of the seal fisheries. he
sa's Nhai tie number Of seals on the breed
'as grounds on the islands is tound TO be-
this year Ghan last. :
.he secretary calls attention 20 the &C. ,
@! the marine hospital bureau dur
as lie past summer and following the
Invasion of cholera. It j. pro-
10 Aeep IN force the tSenty~tay re- =
Nisetaoh nntI congress has opportunity ,
! express It's viii in the matter or until 4,
- oahger which prompted 1t has di.ap- q