Fisherman & farmer. [volume] (Edenton, N.C.) 1887-19??, 1894-07-13
GOVERNMENT FINANCES.
PUBLIC DEBT STATEN ENT
FOR THE FISCAL YEAR.

The Last Monthly Announcement
From the United States Treasury
Department Makes the Deficit
$4,000, OOO-The Gold Reserve
Less-Decreased Expenditures.
The monthly public debt statement AMI
statement of receipts anil expenditures
issued from the United States Treasury De-
partment presents a very untavorable show
ing OF Government fiscal operations in the
last month, as well as for the fiscal year
Just closed. In June there was a net
Increase in the deb. of $3.50, 900.
the gold reserve decreased nearly S14, 000,
900, and receipts from all sources COM
pared with June, 1893. fell off more than
O., 600. 900. The public DEBT is shown To
have increased $50. 000. 900 in the last twelvt
months. There was in June a trifitng in
crease in the Interest-bearing debt (5O),
decrease of 1868, 800 in the Treasury surplus,
and decrease Of SlS.794 in the non-inter-
est -bearing debt. making altogether a net in
crease in the debt in the month of 1921, 156.
The total debt less S117 .5S3 436 surplus in
the Treasury. is $500, 313, 3S1, against $685.
969, 476 Oh July l. 1893, or an increase dur
ing the year Just closed of more than 500
O0O. 600. OF the entire debt $685. OIL $50 is
Understanding debt, mainly four per cent
bonds, and this amount is $50, 100000 more
than the boniel Indebtedness IA year ago. or
before the $50, 900 loan OF last February
was issued.
Treasury gold assets aggregate S131.2l7,-
433. against which there are gold certificates
outstanding amounting to S66 344 400, leav
ing gold reserve of SG4, S73, O2i. or about
81, 600, 900 less than at the time OF the bond
issue last February. nearly S3l, O0O.O 900 less
thon on July l. 1883, AMI SIS. 900 600 less
than on July /. 1892, when the Treasury
gold reserve was more than $4,000
900 above the 800. 900 900 Greenback
reserve mark. Some Treasury officials an
ticipate large falling off In gold exporta-
tions at once, and think that the tide will
turn the other way before the month IS out.
Silver assets aggregate 1913. 29S. 7O9,
against which there is outstanding S461, 956,-
$50 in silver certificates and silver Treasury
notes leaving a silver reserve of ISL. 342, 319.
The Treasury store of silver is made up in
round numbers Of 1868, 000.0 900 in standard
silver dollars, 1927, 900 900 in bullion, and
5000. 900 in subsidiary coin.
Government receipts last month aggre-
gated $26, 495. 925. or 81, $50. 900 less than in
June, 1893. Customs receipts were only
SS5S. 876, or fully $4,000, 900 less than in
June year ago, while internal revenue re-
ceipts, owing 10 unusually heavy withdraw
ais OF spirits from hond, wera for the month
515.17s, 1913, or 81 600, 600 more than in June,
1898. Expenditures last month were $25.-
557 OIL or IS, $50 900 less than in June, 1898.
Government receipts from all sources tor
$50. 1886, against $685., 819 $50 in the preceding
year, comparative loss of about $50, 900,
009 Seventy-one millions OF this resulted
from the large falling of in customs re-
ceipts, which for the year just closed
amounted, in round numbers, to only $132,-
900 900, against $203, 900, 900 in the preceding
year Internal revenue recsipts for the year
Just closed were $147 ,000, 900, or fully ga,
900, 600 less than in the preceding year. Elk
pen1iturcs for the year just closed aggre-
gated $3.50, 500, 359, or s16, s34. 595 less than
the expenditures in the preceding year. Re
duced pension payments for the year just
closed account Tor more than this compare
tive net reduction in expenditures, the pen
sion charges for the last year be-
ing $141, 177,285, or fully S1S,000,009
less than in the preceding year.
War Department expenditures last
year were $54, 1857 900, or SIS ,000,0 900 moro
than the preceding year. Other slight com
parattve decreases in civil and miscellaneous
expenditures and for the support Of the ln-
dians make the net reduction in expenditures
last year. compared with the preceding year
as before stated, about 81 ,0O00