New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-03-02
THE TREASURY STATEMENT.
A GRGEvOUs BLOW TO THE HOPES OF
TARIFF REFORMERS"

LARGE DECREASES IN CUSTOMS DUTIES AND IN
TERNAL REVENUE RECEIPTS SHOWN BY
THE DEPARTMENTS FIGURES.
fBY TELEGRAPH TO THE TRrBrNE.l
Washington. March THE fiscal operations OF
the Government for February, as shown py '"e
Treasury Departments monthly statement issueu
to-day, will he very disappointing to tarih reform
ers who cKed for and predicted marked ana
continued increase In revenue from sugar duties
and from i'ies on wOollen goods at the beginning
Of the new wear. The prominent and discouraging
features OF to-day's Treasury statements are con-
siderable in both customs and interha
revenue receipts compared with the preceding month
of January. and an excess of expenditures over re-
cepts last month amounting to about Seo.eD
The gold to-day stands at $SIOo.1ll
against 81 967 on February |. increase OF N2
800 81 due to gold already received by the Treas
ury on account OF the last bond sale. The Treas
urv cash balance. Of course. owing 10 this influx OF
gold increased 1894 Isl during the month, and to-
day stands at $l7Sl9I.5b.
customs receipts last month aggregated N333i,69
which is in round numbers 100000 less than in
the preceding month. when abnormally heavy
Withdrawals OF woollen goods rom warehouses
and new sugar duties swelled receipts from this
source :or the month to .sl6 Revenues from
sugar duties January however, were nothing
like what was expected, as the offcial ngures just
obtainaoe show. and aggregated less than szDow
Receipts fr, N this particular and important source
last month probably amounted 10 Goco"' ana
NAV average more than that for the remaining
months Of the current fiscal year az the siN
,,ontbs frn January TO June inclusive are usually
the heayies, cane-sugar importing months OF the
year. But even with the aid or inns DUTY iro'" 4"
new source customs receipts .asi moatn were oh'y
x30ooCo5 greater than in February, 1884 ana TOT
tho eight months OF the current fiscal year ending
bo
than for the corresponding months OF the preceding
escoI ,,r 1894 the wear OF the Cleveland panic
Raw sugar as n revenue-producer Is now not
nearly so fruitful as ii would nave Deeh year VI
so ago or when Secretary Carlisle estlma'eh 'h'
revenue from sugar under the new TariH Ia" TOT
the current fiscal year az si3.000~D. The sugar
iroported during that year. on which the sec
r.t,rv haseS his estimate averaged about cents
a mound I'm value while the average value OF sugar
impor "a nnder the new law, between September
and Dec' l.ber 81. last year was ABOUT "a Genus
n pound 18th decreased consumption ana cheape'
raw sugar. upon which an ad Valorem 'dN y
levied II looks now as though the revenue from this
source for he current hsca. year will not exceed
so0oOoo-sar short OF the Department estimate
Ogclal figures place the revenue from this source
M about s. 00D for the last seven months OF p
10 February with poor prospects OF us aver
8, 600 CO.. a month for the five months from feo
ruary 10 June. inclusive. ,to, 4,
With Internal revenue receipts me ou,IooH -
discourag Z TO those who expect them TO re.cn
anything H. the Department estimate b'canse
Of coutnu. light receipts from the tax on wis
KEY even with an Increase OF 70 cents SS' dcn
In;.,rn,l revenue RECRUITS last month were S.s6p-
aSn ar ~iV $4,000 loss than in the preceding
month OF January. and fully G"pp IsSs man d ,5
February 1894. when they aggrega,fd Ml,V" i 30
Roc.ipts from the tax whisky, the most III,
uortani I'm that bureau which during me iaSI HS'd
Year aggregated nearly s9.e"0". last January a
ror,ling TO official figures. amounted 10 st"'''S3"
or 81 90 260 less than In January lssi ana TOT VIZ
last month and the remaining month Oh N, Gniren
fiscal year will probably average about Sf|"'~p 4
THIS also Is far short OF the u"pdt tfilent
nstirnate These figures point 10 revenue OF ABOUT
q, 5., oo from the tax on whis<ey during the cur
,,t ,iscal tear or about 100000 less than during
mo preceding wear Notwithstanding the increased
tax ~ Q, cents gallon under the new Tarn law
Rect ,ts and expenditures In detail during IN"
las, a,gh, months OF the current fiscal year, com
nared with the corresponding period OF ne pre-
cedng year. are shown In IN" following '"o'''
RECEIPTS