The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1894-03-17
rHE REVENUE DEFlclEhcy.
Belief That 1t WIN Fall Considerably he
las, NJ sNurItsla,a Esfiruute. 9aE =.

Belief That 1t WIN Fall Considerably Be
low MIR. CarIisle's Estimate.
WASHINGTON, March 12.-Yhero are
good reasons for the belief thatithe de-
ficiency in the revenues of the govern
ment for the present fiscal year will
fall considerably below Mr.. Carlisle's
estimates. In his statement before the
house judiciary committee on january
p5 the secretary expressed the opinion
that the deficit for the year would be
SIS, 900, 900, but the conditions have
changed somewhat since then and it
now is the opinion of the experts, who
base their estimates upon the bestdata
obtainable, that the deficiency will BIO
found not to exceed $40, 900. This con
clusion is reached independent of any
increase in the receipts from internal
revenue incident to n probable increase
in the duties in the liquor, tobacco and
other schedules of the pending tar. II
bill.
The closest and most careful esti-
mates of the receipts from customs
places the mount at the close of the
year at Slt3,0DO, 900, of which ST., 657,-
fS- XIV toCC1 htAGiA !.
1t is expected that until the new tariff
any considerable importations, except
to meet current needs and an active
market. Merchants during the last
year and particularly during the last
six months. it Is argued, have been pur-
suing u very cautious policy as to pur-
chascs abroad, and, as q consequence.
their stocks of goods have been reduced
to a very low point. Assuming that
this conservative policy will be con
tinued and that the customs will con
tinue to slowly decrease for the re
mainder of the months of the year., the
aggregate would probably still reach
$l35. 900. 600. The receipts from in
ternnl evenu are closely estimated at
$l40. 900, 900, influenced by pending
legislation, and the receipts from mis-
c%ellaneous sources SIS, 900. 900, making
the total receipts $3.50, 900, 900.
The civil and miscellaneous disburse-
ments will probably reach sos, 900, 900,
of which the bounty on sugar will take
$4,000, 900 and possibly a little more.
The disbursements throughout the war
department, it is thought, will be about
sol, 900, 900. and OF this amount Sl5,.
10000 have already been paid on ac-
count of river and harbor appropria.
tions.
The cost of the navy department, in
GLIDING payments for the construction
of war vessels and premiums on the
same, it is estimated, will amount to
about 500, 600, 900.
The Indian service is expected to cost
approximately $4,000, 900. Last year
the payments on this account were alb
normally large in consequence of the
So. 900, 900 paid to the Choctaws for
coded lands.
! A material decrease is anticipated in
the amount of pension payments, and
it is not believed that the aggregate for
the year will exceed Si40, 900, 900. These
figures make IL total of $780,, 400. 900
of expenditures. OF a deficiency
of 500. 400, 600. This estimated deficit,
however. is very likely to be materially
reduced by the Withdrawals from
bonded warehouses of whisky and alco'
hol before the pending tariff bin be
comes n law md is put into effect.
There are now in bond about 143. 900,
900 gallons of high grade spirits, o.
which 49, 600, 900 gallons are rye and
bourbon WHISTLES and about 95. 900, OOC
gallons alcohol and low grade whisky
1t is argued that as alcohol does not in
crease in value with age. but rather de
terioratcs, nearly the whole amount
nov in bond would be withdrawn tc
avoid the payment OF increased duties
and it is believed that of the best
grades of whisky now in bond n large
! percentage would be withdrawn TO. the
same reason.
that the effect of the increases made by
the senate and house in the whisky taA
will reduce the deficit for the year by
from S10, 900, 900 to $50, 900, 900.