The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-09-01
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a
| w,surseroS. Aug. 81. There is every
cation that deficit In the United states IT,
ury OF $50. OoO. 900 will exist ut the end OF tue
| fiscal YEAR June 30 1904, unless measures are
| taken to avert IT, At the present rate oil re-
CENTS las will DO shown by the official figures
| to be issued tomorrow the aggregate receip.s
for the current fiscal year will be S'3ooVo'ooo'
! The rnto OF expenditures for the nast two
montba. ~ continued through tho rest oil the
| year, will amount 10 42G0OOOOO. III inns ra-
ito were kept up the deficit ut the balance
OF the year would therefore be nehr,
500. o00. 900. but this ratio Is not eSpeete" ~,
to continue. The receipts. 1t Ia believed VIII
be greater and the expenditures lighter mo
actual recelpts for July and August of the cur
rent fiscal year aggregate $1,000 COO. The re-
| celpts for the same months for the Ascai year
| 1892 aggregated 5000 900. or loss during
| the first two months OF the present fiscal year.
as compared with the same months OF the pre-
vious fiscal year. OF $130O0.Ooo In other
words, receipts are coming in ut the rate OF
$3.50. 000. 900 a year. when during the CORE.
| spending months Of last year the rece ipts were
at the rate Of s4Os. 100000.
The actual receipts OF the Government Tor
the fiscal year ended June 30. 1893. were
1896. Sl8.028 or at the rate OF about So2ooo.-
900 month. while the present rate OF receipts
Is uDOuU u $50
lures for the first two months OF the current
fiscal year amount to S71.O0O.000. or at the
rate of 1920. 600. 900 year while the eXpepdi,,
for the To or az
It viii be noticed that the rate q receipts
and expenditures on the lst OF se aprioa tSis
500. 900 apart. This large disparity between
ment 10 nat ami t ev tn continSe Il ia cu
in view OF fixed permanent approximation t9
amy a Is hi ssa
w a Sesr itesS q T Sn
aseertaned that at this time there are 14e.-
s' aSsnss sGc d ssOss Ma5s
il Err soi T sls
owners not having The money With which hit, to
SsiS u ind is S Way into tie TEsssasy: Net
sass pSn with to ae
atoms are falling Of and receipta. Of course.
tho M With es% s1o
YoS1 SIG o5S dHo ToftS more goods than Nsrs
last year, The amount Of revenue which these
will daSs Is net Is sasy
considerable. however and as soon "a money
becomes more plentiful will find Its way into
While she doyernment 1seeipts hayye Heen
falling off and the expenditures continuing.
hod t9 Se me- a.
Sl24, 900 900: on Sept ! the same balance will
100000 in gold and Sl0,oo0.300 in fractional
currency. &c. The inroad made on the Treas
ury cash BY the falling of of receipts has
and Secretary Carlisle and those assoeiated
ury Department have during the past
means to be taken to prevent the balance from
aistrasf; It is admitted on II hands that il
900 or Ss0.OOO,0OO q point would be reached
Where Il would be Wise Wise, to build up the Treas
Isle for two reasons: The first Is. that be
70 p
ury. and the second is that he has hoped
hs %Ond 50
ton unnecessary This hope has not
yet been realized. and a number Of financial
the Treasury cash are under discussien. The
one that seems to meet with the most favor in
official circles is to have passed BY Congress 2
the Treasury to anticipate the coinage Of the
100000 900 ounces OF silver now in the Treas
f e sag
place $50. 600. 200 to the credit Of the Treasury.
available to meet current expenses; This
propositions and schemes has opposition. and
1t is not probable that this or any other scheme
will be submitted to Congress by Secretary
Carlisle until the silver question Is disposed OF
one way the other.