Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1893-12-13
TREASURY DEPARTMENT.
Receipts anh Expenditures of tho Gov
ernment Decrease in In
ternal Revenue

The secretary OF the treasury reports that
the receipts of the government from ali sources
duriny the fiscal year ended June 90 1894
amounted to t46l.11G 56l 81 a1i its expendi.
lures to Ia9,37ie1L29. There was collected
from customs s2)j, b ,0l673 an6 from internal
revenue 16l U27. SO 95 Our dutiable imports
amounted 10 1921 $50 III, an increase of 3D. 458.
SO' over the prcce ling year. and importations
Ire; OF duty amounting TO S4h,544,211 a de-
crease from the pre-. ed!ng year of S13 As, Az
Internal revenue receipts ceeded those Of
the precedin wear by S7.il7.44l33
The total tax collected on distilled spiri1s .
was eJi - t26 l. NJ, on manufactured tobacco
s3l. 8 9, 71i.TI and fermented liquors S32 5l8
3o3 07 We exported merchandise durinr The
year amounting 10 SSI7.6i,. .lJi, u decrease of
e2,6l2.9jI from the preceding year The
amount OF gold exported was larSer than in
any Prf yiouS year in the history of the govern
ment amountin to Sl05. $50 Si aud &c sedn y
the amount exported during the precedin ,
year by SoS,4a1,5l1 The sun paid from the
treasury for sugar bounty was s0. 30 III So an
increase over the precelin: year of 81 033
O5j.0l
1t is estimated upon the bass OF present
revenue laws that the receipts Of the govern
ment for the year ending June 80 1871 will be-
$4D, III SGj and its expenditure S45s 1871
S6o 8 resultin; in deficiency OF S2s. .0o0.U o on
The hrst dav of November. 1888 The amount
OF money of all kinds in circulation or not in
cluded in treasury holdings WAS 9LTiS 54l 6SI
an increase for the year Of s1l.,40l,9iI Esti-
matin our populat ion at - 4.6.0JO at the time
mentioned 6gthe per capita circu alton was
<%h49 On the same date there in the
ana silver bullion which was purchased at a
cost OF $l26 26i SOB
The purchase OF silver under the law of
July "a. 1880 durins the last fiscal year aggre-
gated 5i,0US i63 80 fine ounce; which cost
Si5,5Sl ,3I+ 53 The total amount OF silver pur-
chased from the time that law became onera-
tive until the repeal of its purchasing clause
on the first day OF November, 1893 was les :
6H,59J 10 fine ounces which cost S155, ,a3O go 81
Between the first day of March 1878 and tba
ftrst day OF November. 1s93 the government
oil 1oxu \
ounces of silver at cost of s516. 622. .9is The
silver dollars that have been coined under the
act of July II, 1850 numbered 80, 0s7, ,2S5. The
sci 'nioraye arising from such coinage was
s657. 1OJ.S $50, leaving on hand in the mints I40-
699ld0 hne ounces OF silver which cost ;126-
as. .2l6
Our total coinage OF all metals during the
last fiscal year consisted OF 917 SIS pieces
valued at a. 6s5, 81 OF which there was ~
0&,l40 in god coin. S5.343,7l5 in silver, $72i7-
sSO90 in subsidiary silver coin and 81 0S6 l03 90
in minor coins, During the calender year 1892
the production OF precious metals in the United
States was estimated to be l,759. 375 fine ounces
of gold oj the commercial and coinage value or
SS,O)0olI and So 000D fine ounces OF silver OF
the bullion and m lrlSet value of $50 $50 O0J and
of the coinage value OF i.989. 800
II IS estimated that on the 1rst day OF July
lSSS. the metallic stock of money in the United
StlteS consisting OF coin and bullion amounted
TO ~ 2IS.559 l69 of which 1897 695 6S5 was gold
and S6l5.s6l.4s 49, was silver
Ole hun ired and nineteen national banks
were or kanized during the year endin Octo-
Der 81. 1873, with n capital OF siI.:O0oE 46
went into voluntary liquid ltion and I5s sus-
pended % OF the sus pended banks were in
solvent: SO resumed business and remain in
the hands OF bank examiners with pro spects of
speedy resumption
OF the new banks organized forty-f four were
located in the Eastern states, forty-one west
OF the Mississippi river and thirty-four in the
Central and Southern states Tho totat num-
oer of national banks in existence on the 3ist
q ~ OF October, 1873 Was 796 hAvsn an sgre
gate clpital of s6oI 55s i3l The nst increase
IN the circulation OF these hanks durin, the
year was $50 s769s2 The resent repeal of the
provision OF law requiring the purchase of
silver bullion by the government as q fe Iture
OF our 1nonitary scheme has N y,ie an entire
cnan<e IN the complexion OF our currency
aualrS do not doubt that the ultimate result