Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1894-08-23
TARIFF AID FINANCES.

Secretary Carlisle Writes an Important
Letter to the Senate Finance Committee
on the Subject of Revenue Receipts
WASHINGTON, Aug. 1.-THE letter of
Secretary Carlisle to Senator Harris in
regard to the finances and tariff legis-
1ation, read in the senate yesterday,
was as follows:
Hon Isham G. Harris, Acting Chairman
Finance Committee:
Treasury Department, Once of Secretary,
Washington, Aug. 15.-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 on the
free list and requesting 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 accord
ing to the most careful estimates that be
made in the proposed revenue Legislation
which has recently passed through congress
the total receipts into the treasury during the
current fiscal year will be as follows:
Estimated revenue for fiscal year ending
June 80, 1895: From duties on imports senate
bill, including s43 100000 on sugar si79 600 900;
from internal taxes on whisky, ss5, 000. goo; to-
bacco S33, 600 600; fermented liquors. SS3 OOOO 600;
income tax $4,000, 600; oleomargarine, 81 &c.,
coo; playing cards, 81 900 600: miscellaneous,
100000 Total internal taxes, s179 900 O0O. From
sale of public lands and other miscellaneous
sources $50, 600, COO Total estimated revenues
S378, O00, coo.
The estima ted receipts for the present year
from the proposed tax on incomes and playing
cards and the proposed additional tax OF %
cents per gallon on distilled spirits are, 1t Will
be observed, much less than is stated in the
various tabulated statements which have hith-
erto been used in the discussion of these sub
jects, but satisfied the amounts here given
are approximately correct. The proposed in
come tax will not be payable by the terms of the
bill recently passed until ION or before" July
1895, which is the close OF the fiscal year, and II
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 81 900 during
| 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 extent by the with
drawal of large quantities of goods from the
bonded warehouses and the payment of tax
! thereon at go cents per gallon and this process
| is still going
The total expenditures during the current
| fiscal year will be follows: Civil and mis-
cellaneous. including deficiency in postal reve-
nues, $9O,o 900; war, including rivers and har
borS, $50, 000,O 600; navy, including new vessels
| and armament, S33 900 900; Indian, $1,000, 600
pensions, S143 600 900; interest $50 500 000 tota
| expenditures. 1868 0)0,01). Estimated surplu:
for year, sl5O0O,0OO. The duty on sugar pro
| posed in the recent bill Will, according to i'm
portations of that article during the fiscal yea
| 1898, yield an annual revenue of S43, 598 ant
/ the duties on the other articles mentioned il
| your communication would yield under tina
bill about 81 ,OO). coo; that is to say, iron ore
S270920 coal, 1886, 149. and barbed wire. fencing
wire and wire rods of iron steel, when i'm
ported for the manufacture of barbed wire
| fencing. $4,000
1t will be seen, therefore. that If sugar alone
! is placed upon the free list the expenditure
| during the present fiscal year will exceed th'
receipts to the amount of $2S. s05S, and if tn,
duties are removed from all the articles Speci-
fed in your letter the deficit will be 500 $50 ESQ
not including any expenditure on account o
the sinking fund or the payment of $3.50.
| 600 of Pacific railroad bonds, which viii
mature during this fiscal year. In view
| of the existing and prospective require
ments. think it would not be safe to place al
the articles enumerated in your letter, or evel
| sugar alone, upon the free list without fmpoS
| ing taxation upon other articles subject sui
| ficient to raise annual revenue of abou
| $4,000 o. 1 have the honor to be very respect
| fully yours. J. G.. CARLISLE, Secretary.
| Note-The bonds of the Pacific railroad, guar
| anteed by the government to the amount of 81,
| 363,0J0 mature during the present fiscal year
| and this amount is not included in the abov
| estimate of expenditures.