The Indianapolis journal., 1894-08-16
He Tells Senator Harris if Sugar is
Placed on the Free List There Will
Be Deficit of S28. +78,O59.
BLUNDER TO BE CORRECTED
Change Necessary in the Para
graph Relating to Alcohol.
The Tariff Bill Now i'm the Hands of the
President-Letter That Was Not
Intended for the Public.

WASHINGTON, Aug. 15.-The following
letter from Secretary of the Treasury
Carlisle, addressed to Hon. Isham G. Har-
ris, acting chairman of the finance commits
tee.' read in the Senate to-day:
Dear Sir--Your letter advising me that
the House of Representatives. had passed
and sent to the Senate bills putting sugar,
coal, iron ore and barbed wire the free
llst, ana requesting an Official statement
from YOU tme) as to the effect that the
would nave upon the revenue or the gov
ernment Is received. and. In response,
hase fb dst sns honor to say that to to
mace IN the proposed revenue legislation,
which has recently passed through Con-
during the current fiscal year will be as
follows, being the estimated revenues for
the fiscal year ending June 80. 1882
From duties on imports, Senate
bill. including SIS, ,000.000 on SugarSl19 10000
From internal taxes
Whisky .Ss5. 100000
1oDaccO .................. 55,OoJ,OW
Fermented liquors.. &c. 100000
income taX-..--.....-..-- io,W1VW
Oleomargarine 100000
Playing cards............ L0Ooeoo
Total internal taxes...............17s .17s Ooo. 900
From sale of public lands and
other miscellaneous sources. 2OOO.o0O
Total estimated revenue....... $S7S 000. 600
The estimated receipts for the present
year, from the proposed tax on incomes
and playing cards and the proposed add-
tlonal tax of 20 cents per gallon on dis
titled spirits are, il will be observed much
less than is stated in the various tabu-
lated statements which have heretofore
been used in the discussion of these SUBJ
Jects. but L am satisfied the amounts here
given are approximately correct. The pro-
posed income tax will not be payable by
the terms of the bill recently passed until
''on or before" July l. 1895, which is. the
close of the fiscal year; and il is estimated
Tx,%2
that, by reason of the large STOCK on hand,
the receipts from the tax on playing cards
ing this year. The estimated increase OF
receipts on account of the additional tax
on distilled spirits during the present year
has already been prevented to a great ex-
tent by the withdrawal of large quantities
of goods from the bonded warehouses and
the. payment Of tax thereon at 80 cents per
The total expenditures during the current
fiscal year will be as follows:
Civil and miscellaneous. including
deficiency in postal revenues. $4,000, 600
War, including rivers and har-
bOrS --..------..--...-.--.-...- 5000, 600
Navy. including new vessels and
armament ......................... 33O00,W0
Indians 10O00.000
Pensions 143 800 goo
Interest NEUTRALITY-SUSPICIOUS.. 3O5O0,0 600
Total expenditures s........... 1885,, goo, 900
Estimated surplus for year. SIS 50O0,O 600
The duty on sugar proposed in the recent
bill WILL according TO importations of that
article during the fiscal year 1S93 yield an
annual revenue of S43. u.s. 598 and the duties
on the other articles mentioned in your
communication would yield under that bill
about one million; that is to say. iron ore,
$40 92O; coal. $436. 49, and barbed wire. fenc-
ing wire and wire rods of iron or steel,
when imported for the manufacture of
barbed wire fencing. about 100000. 1t will
be seen, therefore, il sugar alone is placed
upon the free list the expenditures during
the present fiscal year will exceed the re-
ceipts to the amount of SOS. 41S.05S and II
the duties are removed from all the arti-
cles specified in your letter the deficit will
be $29, ,7S0 7S0, not including any expendi-
ture on account of the sinking fund or
the payment OF s., 1863, 600 of Pacific railroad
bonds, which will mature during this fiscal
year.
In view of the existing and prospective
requirements i am of the opinion that II
would not be safe to place all the articles
enumerated in your letter. or even sugar
alone. upon the free list without imposing
taxation upon other articles or subjects
sufficient to raise an annual revenue of
about $50, ,000, ,000.
The Secretary adds the following to his
letter:
Note-The bonds of the Pacific railroad
guaranteed by the government to the
amount of 81, 1863, 600 mature during the
present fiscal year, and this amount is not
included in the above estimate of expendi-
lures