The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1894-06-21
CAPITAL NOTES.
THE FISCAL YEAR.

| THE FISCAL YEAR.
WASHINGTON, D. c., June 15.-As
the end of the fiscal year is only 10
days distant tine treasury officials are
able to give fairly accurate estimate
of the treasury operations for the year.
Up to this time the receipts aggregate
$685., 204,7 and the disbursements
1856, 1877 ,337, leaving deficit for the
| II 1>2 months of S73, 992 GIG.
1t is thought by the treasury officials
that the total deficit for the year will
not be materially greater than it is
now and that STA, 500, 600 will probably
more than cover it.
While the cash balance today reached
$115,095, 292 and the gold balance $67,~
S04 912 the lowest point since The jan
uary bound issue, the situation is
causing but little uneasiness at the
treasury department. The progress
made on the tariff bill during the last
few days has encouraged the belief
that it will become law by July 10,
and in that case the treas
ury experts are confident there
will be NO necessity for another bond
issue. They argue that as soon as inns
poIters know what duties they will be
required to pay they will ct once place
their orders that have been held dur
ing the last several months pending
the tariff settlement. A large ms
crease in the receipts from internal
revenue is expected also. Owners of
spirits now in bond, it is contended,
can better afford to pay even very
high rate of interest and take their
goods from bond than to wait until the
l., ,.,N - I,o hi 81,
tax contemplated by the bill as it now
stands. The situation is not regarded
as at all alarming, and up to this time
there has been no serious thought OF
another bond issue.
GEARY'S BASE CHARGE
The following telegram was received
today by Senator Mitchell, of Oregon:
SIsSON, Gala, June 10.
Hon. John H. Mitchell, Washington:
There never was baser accusation
against my husband than that made
by Congressman Geary when he as
signed such depraved motives for es-
tablishing the University. You, who
knew him so well, will you not defend
his memory which is so dear to me.
TSignedl MRS. LELAND STANFORD.
To which Mr.. Mitchell replied as fol-
lows:
WASHINGTON, June Is.
Mrs. Leland Stanford, Sisson Cal;
Senator Perkins has tnlly and beau
tifully defended in the senate the
memory of the late Senator Stanford
from the vile attack. was absent from
the senate and knew nothing Of either
the attack or Senator Perkins defense
until | saw the latter in the record.
An opportunity later will enable
Senator Hoar and myself to supple
ment what Senator Perkins has al
ready so we'll said.
TSigned1 JOHN H. MITCHELL.
ARMoR PLATE FRAUDS.
Informer Sill continued his story of
armor plate frauds before the con
gressional investigating committee to-
day. 1t was mainly detail and elabor-
alton of the frauds which he had ex
planned in general way yesterday.
He took sheet by sheet of the fake re-
ports made to the government officers
and pointed out how Superintendent
Kline changed the figures so as to
make them meet government require
ments. The tedious process of identi-
flying each false entry proceeded
throughout the morning and part of
the afternoon.
ATLANTA EXPOSITION.
The senate committee on education
and labor today unanimously decided
to report favorably the bill providing
an appropriation of 5000, 900 for a gov.
erIment eXhibi. at the proposed cot
ton exposition to be held at Atlanta,
Ga.
THE WOOL SCHEDULE.
The conference between Democratic
and Repub lican leaders ON the pro-
gress of the wool schedule have been
tarren of result Republicans are
strenuous IN the demand of conces-
sions which the Democrats are not
prepared to grant. The threat to fill.
buster is heard in Republican quart
ere but even with resort TO that the
leaders have no hope that they will
be able to gain point. Some de.
pendence had been placed upon
Senators Kyle and Allen ultimately
voting with the Republicans, but
since the speech OF Mr.. Kyle today
that has been seen to be futile. The
ultimatum of the emocratic leaders
Is that free wool and the income tax
be in the tariff bill. The margin by
which the Democrats had the senate
was go narrow, however, that they
scarcely dare resort to arbitrary
measures to force vote.
The revolt on the Democratic side
on the wool schedule originated in the
proposition to change the paragraph
onwomen's and children's goods so as
to make 60 cents per pound value as
the dividing rate and so per cent ad
valorem instead of 81 as provided In
tho Jones amendment. but even that
action was not taken without more or