The evening bulletin. [volume] (Maysville, Ky.) 1887-1905, 1894-01-16
MUST HAVE MONEY.
Secretary Carlisle Furnishes a
Treasury Statement.
AN APPEAL TO THE SENATE.

unless That BODY Iakes some Action TO
Replenish the Treasury 1t VIII BE
Necessary For Him to Issue Bonds I'm
der the Existing Laws--A Letter to
Senator voorhees, on the Subject.
WASHINGTON, Jan. 16.-The following
letter was forwarded by Secretary Car
Isle to Senator Voorhees,, chairman of
the finance committee of the senate:
TREASURY DEPARTMENT,
OFFICE OF SECRETARY,
WASHINGTON, Jan. ID.
Hon. d. w. Voorhees,, Chairman Com.
mittee on Finance, United States Senate:
DEAR SIR-In compliance with your
verbal request have the honor to submit
for the consideration of the finance COM
mittee statements showing the actual con-
dition Of the treasury on the 18th day of
che present month and an estimate of the
receipts and expenditures during the re-
mainder of this month and the month of
February 1t will be seen from the state
ments that there is an urgent necessity for
such immediate action as will replenish
the coin reserve, and enable this depart
ment to continue the payment of public
expenses and discharge the obligations of
the government to pensioners and other
lawful creditors.
When my annual report was prepared it
was estimated that the expenses during
the current fiscal year would exceed the
receipts to the amount of about So, 100000,
and asked congress for authority to issue
and sell bonds, or other forms of obliga-
ti0ns, to an amount not exceeding so, OOO,-
600, bearing low rate of interest and hav-
obi uhCrf 10 10
BILE the secretary of the treasury to supply
such deficiencies as might occur in the rev.
enues. The estimate then made was based
upon the assumption that the worst effects
of our financial disturbances had already
been realized and there would be sub
stantial increase in the revenues for the re-
mainder of the year. While it was not be-
lieved that the deficiency then actually ex-
listing would be supplied by increased rev.
enues in the future, it was hoped that no
additional deficiency would occur; but the
receipts and expenditures during the
month of December and up to the 18th day
of the present month show that the estl-
mate of q deficiency of $28,000,000 at the
close of the year was much too low.
The actual receipts and expenditures dur
ing each month of the year, and the
monthly deficiencies, have been as follows:
RECEIPTS AND EXPENDITURES FISCAL YEAR
July, 1898, receipts, $3O9O5, 77o.19; ex-
penditures, S30, 675, $500; excess expendi-
lures, $S,770, 112.41 August, 1898, receipts,
$23, 890, $780,; expenditures, S33, 3O5, 22S. 4S;
excess expenditures, SO, Ala, 343.1S Septem-
Der, 1898, receipts, $24, $50, 75o.i0, expendi-
lures, $25, 478010.17 excess expenditures,
1896, 354.07 October, 1898, receipts, $24. $685.
1874. 81; expenditures, 500, 5S8, 1872. "a; excess
expenditures, IS, 035, 497. 81. November, 1898,
receipts, 500 $40, 400 81; expenditures, $3l,-
302,026.41; excess expenditures, S7,322,-
625, 60. December, $685. receipts, $22, 3l2,-
OF; expenditures. $50, 05S, 260.51; excess
expenditures, $7,746, 233.5 81. January, 1894,
10 days, receipts, S10,369, 939.37; expendi
lures, S16,263, 655. IA; excess expenditures,
$500, 715.77 Total receipts, $l62 0S5, 1884. 05;
expenditures, $2O5, 643, 42S. 80; excess expend-
itures, s43, 55S, 044.94.
II the same average monthly deficiencies
should continue, the total differences be-
tween receipts and exenditures on the 30th
of June next will be SIS, 167, 542 According
to the best estimate that can be made the
total receipts during the present month
and the month of February will be $41,-
100000, and the total expenditures will be
sec, 3OO, OOO, showing a deficiency during the
two months Of SIS, 40O, 600; but this does not
include any payments on account OF the
sugar bounty, claims for which to the
amount of nearly $5,0OO,000 have already
been presented, and are now under investi-
cation in the department.
The assets of the treasury, and the cur.
rent liabilities in excess of certificates and
treasury notes outstanding, were as fol
lows on the 18th day of the present months
ASSETS.
Gold $74, los, 149
silver dollars and bullion. 49,. 5000, 2S7
Fractional silver coin ........ 1915, 9O3
Tinted STATED notes BOB, 1897