The Providence news. (Providence [R.I.]) 1891-1906, 1894-08-23
BIG RECEIPTS
Have Been Received From In
ternal Revenue Sources.
Tariff Bill Errors Pronounced Trivial
BY CIerks-0thers Do Not Think So.

WASHINGTON, Aug. 23.-Roocipts from
abnormally large, with every prospect Of
continuing so until the new tariff bill
goes into effect.
During these last working days, from
Aug 10, the receipts have reached the
unprecedented sum of Gil, 600, l22, and 1t is
confidently expected that by next Satur-
day at midnight, when the new act will
become operative, the aggregate receipts
for the preceding 10 days will have reached
$4,000, 900
These large receipts under the circum-
stances are deprecated by the treasury
officials, who liken the situation to that OF
the poor man paying 10 per cent per month
for money upon which to live The reason
for this Is that the aid coming to the treas
ury in this way is only temporary al best,
and will really add to the embarrassment
later on, for on every gallon of whisky
now being withdrawn, the government
sooner or later Is bound to lose 20 cents.
As soon as the tariff bill goes into opera
tion the receipts from this source are ex-
pected to drop down to a merely nominal
amount, and so continue some months
until the great supply now being laid In ID
exhausted. These abnormally large re-
ceipts have swelled the cash balance In the
treasury to nearly t12l ,000, 900. At the same
time the gold reserve is slowly increasing,
until IL has now reached S54 1000, 600. This
increase Is due almost entirely to the west
ern demand for small notes with which to
harvest the crops.
Rushing II Along.
Preparations for carrying into effect the
new tariff bill are going forward at the
treasury department with all possible
speed. Secretary Carlisle has already pre-
pared blank form OF license for custom
house brokers provided for In the bill. and
IL Is now i'm the hands of the printer.
Several clerks are also hard at work pre-
pairing an index for the new bill. This
will occupy about 20 pages in the new
tariff volume, which, for the convenience
of custom officials, will contain both the
new law and the Mckinley act OF 1890. 1t
Is expected that by the time the new bill
becomes law, all preliminary work, save
that of issuing instructions TO customs
and internal revenue officials, will have
been done.
Nothing to Worry About.
The legislative and engrossing clerks Of
the senate have been comparing the state
ment of errors In tho new tariff bill made
in various papers yesterday with copies OF
the bill, and say that there are only two or
three errors that need give importers or
the officers of the treasury any concern.
These are che paragraphs relating to the
free admission Of alcohol for use In the
arts, the diamond schedule and perhaps
Che omission of period I'm tho paragraph
relating to stamping foreign manufac-
Cures. Even In the case of diamonds they
believe the construction placed will be
Chat intended by congress, and that they
will pay the duty imposed on precious
stones.
As to the other errors enumerated, IL Is
claimed by these clerks that by no system
Of construction can the alleged mistakes
Sn punctuation be made to either impose
higher duties or allow the free admission
Of articles named.