The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1894-08-23

Reason for tho Unprecedented Re
ooipts From Internal Rev
enue Collections
Cash In the TrssurV aad the Gold Is,
seTye-tepubIioans DeBy Psrmis-
slon 10 Make Correotions.

WAsHINoIos. Aug. 22.-Ths Legislative
and snerossinR olo ks Of tho senate have
been comparing statements Of crFors in the
new tbrin bill made in various papers 10
day. Asd say there are only three errors
tbat need to give the officers Of the treasury
shy concern. Theao are in paragraphs
relating to this frss hdmission Of alcohol in
the ertsi the diamond schedule, and PSF
hapa the omission OF period in the para
graph relating 10 stamping foreign nsnu.
features. Even In shs case OF diamonds
they believe tho construction placed will bs
that intended by congress. aad that they
will pay the duty imposed on precious
stones. As TO other errors enume ated, II
10 claimed by these clerks ths, by no system
OF construction can the alleged mistakes In
punctuation be made TO either impose
higher duties. or allow the free admission
OF tho articles named. Members Of the
nnsnes committee arc OF the same opin ion.
Receipts from internal revenue sources
continue TO be abnormslly large. with every
| prospect OF continuing 30 until the new
tariff bill goes into sffso,. Daring the last
seven working daya from Aug H. receipts
have reached the unprecedented sum Of
$ll. 600. 122. and u 10 confidently expected
that BY nsI, Saturday night al midnight,
whom the new ACT becomes operative. the
| aggregate reosipts foe the preceding ten
days will have reached Sl6. 900. 900. These
large receipts under the circumstances arc
deprecated by treasury officials. who liksn
the situation to that of poor man. raging
10 per cent per month on msney on which
70 live. The reason for this 10 that aid
coming 10 the trsasury this way Is only
tempotay at best and will add 10 the
| deficit later on. for on every gallon OF
whisky now being Withdrawn the govern
msnt sooner or later 10 bound lose 20 cents.
AZ soon ns the tariff bill goes into opera
tion receipts from this source are expscied
10 drop down to q merely nominal amount.
ana 40 continue some months. until the
nsw supply now bsiug laid in 10 exhausted.
These abnormal receipts have awelled the
cash balances in the treasu TO pssrly
xl2l, 0l0,000 Az the same time the gold re-
| tefvs is slowly Increasing until 10 has now
reached about $50 900. This increase Ia
due almost entilely 10 the vestsrn demand
Tor small notes with which 10 harvest orops.
| The demand fsr small notes has not yet 40.
/ ia ittth fhe ubatAs bht WV heNttnoht W
f'on now beginning 10 expected TO bring
Ia considerable sums, OF gold, 80 that foi
the present at least embarrhssments " hioh
have ihrsatsnei the . sasury have passed
by.
| Before teleRraphina for hbsentses to-day
the dsmoorstio leaders made an appeal
TO the rspublise AZ to ptrmii the bill to co :
rect errors with reference 10 alcohol 10 GO
though without objection in ihe sbsenss
Of n quofnD. 10 appears, however. that
when senator Chandler went away he left
bshind him q request that the bill should
no. be taken MP IN his absence. ani the re-.
publican senators are guarding this re-
quest. Democrats senators now thrsater
10 .rstsliate by taking up supplemental
tefif bills and trying to pass them in ease
lhsy suooeed iu keiting q qasrum. bat thsy
realizs there are maHy difficulties in th,
vhv OF putting aneh a programme into Of.
feet. and did not, At their meeting day,
resolve upou any dshnits action beyond CT
ertinQ themselves 10 the utmost 10 sscu
the attendance of q quorum.