The Coconino weekly sun., 1894-08-23
TARIFF AID FINANCES.
Secretary Carlisle Writes an Important Letter to the Senate Finance Committee on the Subject of Revenue Receipts.

Secretary Carlisle Writes an Important
 Letter to tho Senate Finance Committee
 on the Subject of Revenue Receipts.
 WASHINGTON, Aug. T.-The letter of Secretary Carlisle to Senator Harris in regard to the finances and tariff legis- lation, read in the senate yesterday, was as follows:
 Hon. Isham c. Harris, Acting Chairman
 Finance Committee:
 Treasury Department Ofice of Secretary, Washington, Aug l5.-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 an official statement from me as to the effect the passage of these bills or either of them would have upon the revenues cf the government, is received, and in response have the honor to say that accord ing to the most careful estimates that can be made in the proposed revenue legislation which has recently passed through congress the total receipts into thS treasury during the current fiscal year will be as follows:
 Estimated revenue for fiscal year ending June 30 1895: From duties on imports, senate bill, including s43OOO.OOO sugar si79 900 OOo; from internal taxes on whisky, S95, 100000 to- bacco, $33, 600 000 fcrmented liquors S33 OJ00OO; income tax, Sl5,000,0OO oleomargarine, sl ,s00,- coo; playing cards $i,0O0000: miscellaneous, S200D0 Total internal taxes, S59, 100000. From sale of public lands and other miscellaneous sources $20,0O0,0O0 Total estimated revenues, s378 OO0,0OO
 The estima ted receipts for the present year from the proposed tax on incomes and playing cards and the proposed additional tax Of 20 cents per gallon on distilled spirits are. 1t will Dc observed. much less than is stated in the various tabulated statements which have hith- orto been used in the discussion of these sub
 
 are approximately correct The proposed in- come 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 1t 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 Sl ,OOJ,0)0 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 10 a great extent by the with drawal of large quantities of goods from the bonded warehouses and the payment of tax thereon at % cents per gallon and this process Is still going on.
 The total expenditures during the current fiscal year will be as follows: Civil and mis- cellaneOus. including deficiency in postal reye- nues s9),cOl,OJO war, including rivers and har- bors. S5G,o0D0)0, navy, including new vessels and armament, S330D0 O0); Indian, Sl0,0J0OOO; pensions, sli3 0OO,OOO interest SEQ 800 GOO: total expenditures. S3530O,O)l Estimated surplus for year, slj jo01,Dl0 The duty on sugar pro- posed in the recent bill will according to i'm pOrtations Of that article during the fiscal year 1888, yield an annual revenue of s3Tls,5gs and the duties on the other articles mentioned fin your communication would yield under that bill about sl,00l00O; that Is to say, iron ore, ,270,9Q co"! S'2',lD, "rS bartcd wire fencing wire and wire rods of iron or steel, when im- ported for the manufacture of barbed wire fencing, sTO.00o
 It will be seen, therefore. that fl sugar alone is placc1 upon the free list the expenditures during the present fiscal year will exceed the receipts to the amount Of s2s. .f7s OJS and if the duties are removed from ali the articles speci- Ged in your letter the deficit will be e.9,7s07s0 not including any expenditure on account Of the sinking fund or the payment of s!.363.- 0OO of Pacific railroad bonds, which will mature during this fiscal year. In view Of the existing and prospective require ments. I think it would not be safe to place all the articles enumerated in your letter, or even sugar alone upon the free list without impOs- ing taxation upon other articles or subject suf- ncient to raise an annual revenue of about 5000 o o. have the honor to be very respect fully yours. J. c. CARLISLE. Secretary. NOte-The bonds of the Pacific railroad. guar 1 anteed by the government to the amount of s. l 5c3,0O mature during the present fiscal year, 1 and this amount is not included in the above | estimate Of expenditures.