Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1894-08-18
CARLISLE EXPLAINS.
His Letter to Senator Harris on the
Tarir-Estimated Revenues
for Next Year.

Washington, Aug. 1S.-Secretary Car
lisle's letter to Senator Harris is as fol-
lows:
Hon. Isham G. Harris, Acting Chairman
Finance Committee.
"Dear Sir: Your letter advising me the
house of representatives had passed and
sent to the senate bills putting sugar,
coal, iron ore and barbed wire on the free
list and requesting an official statement
from me as TO the effect the passage of
these bills or either of them would have
upon the revenues of the government, is
received, and in response have the honor
to say that, according to the most careful
estimates that can be made in the pro-
posed revenue legislation which has re-
Gently passed through congress, the total
receipts into the treasury during the cur
rent fiscal year will be as follows: Es-
tlmated revenues for fiscal year ending
June 30, 1895, from duties on imports,
senate bill, including $43,O00000 on
sugar; $179,000,000 from internal taxes;
whisky, $95, 5,OOO, 900; tobacco, $33, 200, 900;
fermented liquors, $33,OOO,OOO; income
tax, $15,000,0O0; oleomargarine, $780,,
600; playing cards, $1,000,000; miscel-
laneous, 100000; total internal taxes,
$179,OOO,OOO; from sale of public lands
and other miscellaneous sources, $20,000,-
600; total estimated revenues, $37S, ,000,-
600. The estimated receipts for the pres
ent year from the proposed tax on in
comes and playing cards and the pro-
posed additional tax of 20 cents per gal
Ion on distilled spirits are, it will be OBJ
served, much less than is stated in the
various tabulated statements which have
heretofore been used in the discussion of
these subjects, but I am satisfied the
amounts here given are approximately
correct.
"The proposed income tax will not be
payable by the terms of the bill recently
passed until on or before July l, 1896,
which is the close of the fiscal year, and
it is estimated by the commissioner of
internal revenue that by reason of the
large stock on hand the receipts from the
tax on playing cards will not amount to
more than $1,OOOOOO during this year.
The estimated increase of receipts on ac-
count of the additional tax on distilled
spirits during the present year has al
ready been prevented to great extent
by withdrawing of large quantities of
goods from the bonded warehouses and
the payment of tax thereon at 80 cents
per gallon, and this process is still going
on. The total expenditures during the
current fiscal year will be as follows:
Civil and miscellaneous, including def
ciencies in postal revenues, $9O,O00,0O0;
war, including rivers and harbors, $780,
100000; navy, including new vessels and
armament, $33,OOO,OOO; Indian, $1O,O0O,-
600; pensions, $143,OOO,00O; the interest,
$3O,5O0,OOO. The total expenditures,
$363, 100000. Estimated surplus for
year, $15,O00,0OO. The duty on sugar
proposed in the recent bill, will, accord
ing to importations of that article during
the fiscal year 1898, yield an annual rev.
enue of $43,718,598, and the duties on the
other articles mentioned in your commu-
nication would yield under that bill
about one million; that is to say, iron
ore s27O,92O, coal $436,149 and barbed
wire, fencing wire and wire rods of iron
or steel, when imported for the manufac.
ture of barbed wire fencing, about $780,
600.
"It will be seen, therefore, that if sugar
alone is placed upon the free list the ex-
penditures during the present fiscal year
will exceed the receipts to the amount of
gee, ,478,058, and if the duties are removed
from all the articles specified in your let
ter the deficit will be $29, 7sO,79O, not in
cluding any expenditures on account of
the sinking fund of the payment of $2,-
363, 900 of Pacific railroad bonds, which
will mature this fiscal year. In view of
The existing and prospective require
ments, think it would not be safe to
place all the articles enumerated in your
letters or even sugar alone, upon the free
list without imposing taxation upon
other articles sufficient to raise the an
nual revenue of about $3O,O0O,0OO."
"I have the honor to be very respect |
fully yours,
~. G. CARLISLE, Secretary"
The secretary adds the following to his
etter:
"Note-The bonds of the Pacific rail-
road guaranteed by the government to
,he amount of 81 1868 900, mature during
The present fiscal year and this amount
Is not included in the above estimate of
~ 1ituroo ~