River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1894-07-12
DEMOCRATIC DEFICIENCY.
revenues Falling on Enormously This
Year.


Year.
When the figures are footed up on
June 80 and the fiscal year of 1894
has ended its record will be most un-
usual and painful one. The receipts
of the government will be found to be
nearly or quite So, 100000 below its
actual and necessary expenditures, the
importations nearly o quite $500, 0O0,-
900 less than in the preceding year,
and the expectations n ore than $780,
900, 900 below high water mark. In the
matter of government receipts there
has been something of a falling off in
internal revenue, but the loss is large
" in the matter of custom receipts
The importations of merchandise,
which in the preceding year were $780,
900, O0O will this year lie about $685.
900, 900.
This will bring the importations
down to lower figure han in any
fiscal year since 1886. Indeed there
have been but two fiscal years since
1881 in which the mpoltations have
been as light as this year which is
about to end. A part Of this falling
off is due to the genera depression IN
business, the unwillingness of people
to expend dollar for anything they
do not absolutely need, AID il thus
comes more apparent that this coun-
try is capable of producing nearly ev-
erythir5 that its people do need if they
only chose to patronize home indus
tries. 1t is a remarkable fact that the
importation of articles which come in
free of duty has only fallen off Is per
cent, while the falling off in articles
on which there is tariff duty is fully
IS per cent. or more than double that
of the non-dutiable goods.
of the dutiable articles imported
during the year, only 10 per cent. were
.raw materials" for use in manufac-
turing. while over so per cent. were
manufactured articles ready for con-
sumption. Under the free list 2s per
cent. were raw materials for use in
manufacturing, and only 3 per cent.
articles of manufacture ready for use.
A large proportion of the articles i'm
ported free of duty was food and live
animals, this class aggregating ga per
cent. of the foreign productions i'm
ported under the free list.
More money has gone abroad for
sugar than for any other single article.
The amount of money which the peo-
pie of the United States send abroad
for sugar is something enormous, and
in the present year will foot up to over
Sl25, OO0, 900. exceeding by about Sl0.-
600. OGO the amount expended for this
article last year. This shows that the
cutting down in the amount of money
sent abroad for foreign productions
has been mostly in the line of Injuries
and articles not absolutely needed; for
the value of the inportations has, as
above indicated, been largely reduced,
while that for sugar alone has been
materially increased.
Speaking of the matter of importa-
tions and the reduction in that line il
is interesting to observe that there has
been as strongly marked falling off
in the importations of people as in ar
tieles of merchandise. The immigra
ton into this country during the year
Just about to end has been unusually
light, being nearly 100000 less than
last year. A statement was recently
made by an officer at the port of New
York which indicated that the number
of people coming into this country
from abroad 20 seek homes was actual