The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1895-07-06
Treasury Has Fallen Behind Of
Late Years.
A STATEMENT OF DEFICITS
The Revenue Service Improved-w ork
of the Life-SaVers Customs
and other Matters.

to be approximately SAB. 250.OOO. This.
added to last years deficit of nearly $780,
600, 900, makes the excess of expendi-
lures over receipts since June 30, 1898,
about $113, ,000 The total receipts of
the government this fiscal year. exclu-
sive of postal revenues, amount to near
ly 1913, 900, and the expenditures
$3.50, $50 900, of which pensions took SAL,
1871, 1923. Last year the aggregate re-
ceipts of the postal revenues were $297,
722,019, and the expenditures S367525,-
279 The receipts this year were $l5,-
27S, 900 larger than last, and the eX-
penditures about 81. 275, 600 less The
postal service deficit is about 81 ,0O0,0 900,
which is considerably in excess of that
of any recent year.
The internal revenue department Of
the government has contributed this
year to the receipts nearly S143, 000,0 900,
as against a little more than STAT, 000
last year. The customs make a better
showing than last year by about $21, 000,
600 Last year the receipts from this
source amounted to nearly 1882, 900, OOO
and this year they approximate 1853, 000,
600. OF this amount sugar contributed
about $17, $50 900. The imports for the
nine and one-half months during which
the 40 per cent. ad valorem duty has
been collected amounted to about Az,
$50. 200 pounds, of which 42.300.000 pounds
was cane sugar and the remainder beet
TomorrOw's debt statement will show
an available cash balance of about $685.
600. 900, of which about Sl07 500, 900 is gold
reserve. This reserve will include pay
ment in full for the last bona issue, but
the statement will show a counterdebt
charge of only $31, 100000 in bonds, or
one-half of the whole amount issued.
In explanation of this seeming error, it
is said, the formal transfer of the Lon
don half of the bonds has not yet been
made. The expenditures for July will
be exceptionally heavy; pensions and
interest alone are expected to amount
to 100000
NATIONAL BANKS.
During the fiscal year the number of
national banks in existence has de-
creased from 3.775 to 1922. Forty-one
national banks have been organized
during the year. 60 have gone into vol
untary liquidation and SO have been
placed in the hands of receivers. The
national bank circulation has increased
$4S37,7 91 from July Is, 1894, to May 2,
1895. The loans and discounts of ma
tional banks have increased about $43,
100000. During the same time individual
deposits have decreased about $13 000,-
000 The lawful money reserve held by
banks shows an increase of enarly $751;,
100000
REVENUE SERVICE.
The year has been of unusual interest
and importance to the United States
revenue cutter service. 1t has performed
special services Of a conspicuous ma
I,a V~1,
for the Ivanhoe, supposed to have foun-
dered off Cape Flattery on the Pacific,
in which three of the vessels, viz, the
Grant, Rush and Corwin joined. In its
winter cruising operations. during the
unusually severe weather of last sea-
son, ii rendered services to distressed
shipping Of more than ordinary value
and Importance.
Six vessels have been manned and
fully equipped and dispatched to the
Boring sea to protect the seal herds
and the government interests in Alas
ka and the seal islands. Two steam
launches are being built for duty on
Puget sound and one for the lower Sa-
Vannah river. Contracts have been
awarded for the construction of new
steamers of upwards of 900 tons each,
which, when completed, will be the
finest vessels in the service. Much new
legislation has been secured for the bet
terment of the service. A law has been
secured, placing on permanent wait
ing orders" all officers of the service
who are permanently incapacitated to
perform the duties of their Office" In
carrying into effect the provisions of
the law it is claimed the service has
been greatly benefited by the removal
from the active list of a large number
OF officers who, through no fault of
theirs, are no longer capable of per-
forming duty, and promoting younger
men to the vacancies thus created.
Measures have also been instituted look
ing to new appointments to again fill
the complement of officers of the line.
The report of the department of the
life-saving service states that during
last year the total number Of disasters
to vessels at sea and on the great lakes
was about $50. OF these PSI were on
the Atlantic and Gulf coast, 40 on the
great lakes and 1875 on the Pacific coast.
The property loss was estimated at
81 900; Of the persons on board the
vessels in distress only 23 were lost, as
against 6S last year.
During the last IL months the officers
of the secret service have made more
arrests Of counterfeiters than during
any other year in the history OF the
service.
peralta Claimant Held to Answer