The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1893-11-10
But the Hope Expressed That the
Balance Will Soon Be
Increased.
Tobacco Mon Plead Their Case Be-
fore the Committee on
Tariff Revision.
Waste Of Public Mossy On tho subsl-
dtzed Osess Mail system " the
Rspublicsn Congrsss.

WARRINGTON, Nov. 7.-Low water mark
In the not availsbls balance OF the treasury
was reached to-day when ths total stood At
$99, sos. .242. Of which $s4. GUS, 412 was ths
gold reserve. Large expenditures over re-
ceipts thus far this msnth are responsible
for this condition. but no alarm or unessi-
ness IL felt at the department. Tho hope
10 expressed thss Che reserve. - we'll - net
cusienoy balance. will rise soon. II was
said at the department to-day that no
orders In rsfersnos TO the actual coinage Of
silver bullion in tho treasssy purchased
under tho Sherman act have YET been
issued.
The low state Of the trsssuEy's available
cash has given rise 10 fresh vumors Of now
means to be devised for replenishing the
gold reserve. It was said at the treasury
dspa; snent. however. that other than the
coinage Of bullion Secretary Carlisle has
NO immediate steps In contemplation In
volyinR a change in the fiscal policy Of the
government. There 10 no disposition to
issue bonds q the present time, and no
suoh issue 10 thouRht necessary before the
meeting Of congress. when the views Of the
prssidens will be sst forth.
The committee appointed by the eonvsn-
tion of tobacco. manufacturer of the
United States to appear before ths ways
snd means committee and protest against
any increase Of tax on manufactured to-
bacco was accorded hearing this afternoon
By Chairman AoNillin. of tho sub -oon nit
tee ON internal revenue. Mr.. spence. Of
Cincinnati. acted % spokesman. He said
any increase In the tax on maAufaotut ed
tobacco wsuld bs inimioal to the interests
Of both manufacturers and growers OF to-
bssco by reason of lesssning oonsum ptio n.
The com nittss rsoo mmended the repeal Of
the law of 1890, which permits the sale of
leaf tobacco to the consumer without the
payment Of taxes They argued that the
repeal Of This law would Istgely increase
government revenues on tobacco.
MI. MeHillin gave no tntimatton OF the
intentions Of the committee on ways and
means With reference to the tobacco schsd-
uie. but 1t has been frequently rumoEed
that majority of the committee favor an
iRoSsaas of the tobacco tax rs means OF
supplying the necessary revenues for tho
gov ernmsnt.
Messrs. MoMillin, Turner Breckenridge,
Bynum and Montgomery. of the ways and
means com mnittse, to-day had conference
with Secretary Carlisle in reference TO the
tobacco and other schedules. Mr.. Wall. Of
Wisconsin. subsequently, saw Secretary
Carlisle, during which hs took occasion to
protest. against the new tariff bill inoreas
ing the internal revenue tax on beer. He
also opposed reducing the custom duty on
imported canadian lumber.
The report Of the superintendent of the
foreign mail service WAS made to the post
master general to-day. The most inter est
ing feature of the document is Z criticism
of the subsidies granted undsY tho act Of
March 3. 1891. The subsidies made very
little. If any. change in she increased num-
ber Of trips Or time made bv vsssels. Th.
report states that the subsidy has cost the
govsrament $4O6. 927 more than the service
would have cost without the subsidy. The
cost Of foreign mails carried in vessels Of
United States register was, transatlantic
$6S. 42O. transpsoifc $157. 230. misoellsn-
sous $40. III, total $646. 435.
Ths amount paid vessels Of foreign regis
try for carrying mails was. transatlsntio
$46O, 263. transpaciic S10.7 100. naiscellans-
ous $24. 284. total 1885, 627. The estimated
amount Of postage collected on foreign
Il. ails il $3.O52. 189.