San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1895-10-04
The Daily Eight.
FRIDAY, OCTOBER 4, '05
WASHINGTON LETTER.
From our Regular Correspondent
WASHINGTON, Sept. 30, '95.

Septem Der treasury sIaVemeDb Is
about as silly a thing as lot of
grown men could be guilty of,when
considered in connection with the
actual facts, known to all those
who are conversant with the situa-
ton, and easily accessible to every
body. During the month Of Sep
tember the receipts Of the govern
ment were slightly in excess OF the
expenditures, but that does not
mean, as some ill.informed Demo-
Gratis are saying, that the receipts
of the government have grown to
be as large as its expenditures. Not
at all. The explanation, instead OF
being favorable TO the administra-
ton, is decidedly the contrary.
The heaviest payments OF the
government are made early
in the quarters beginning July
/, October l, January and
April |, consequently the smallest
expenditures are for the last
months of the quarters-June,
Septem Der, December and March.
This is so to large extent with all
administrations, but it has been
particularly under the present, be-
cause OF the system OF withholding
payments during the last half Of
the quarters for the purpose OF
misleading the country as to the
state of the public finances, which
has been such marked feature OF
the Cleveland regime. Last April
the receipts, under this system,
exceeded the expenditures. 1t was
the same in June, the excess for
that month being about VI, OOO,OOO
more than for September, and 1t
will doubtless be the same for De-
cember; but all the while that an
nual deficit has been steadily
climbing, and it will continue to
climb until the Republican Con-
gress takes hold and passes the leg
islation necessary to increase the
revenues of the government,
through a revision of the Demo
cratic tariff law, which Democratic
treasury officials openly acknowl-
edge will never provide all the
money needed to run the govern
ment.
When you wish to know the
actual condition Of the United
States treasury, do not take the
figures especially juggled for any
single month, but take them for an
entire year. For instance, on
August 81, last, the Democratic
tariff law had been in effect for one
year. Now, what sort Of showing
was made during that year? Here
are the figures made by Demo-
cratic officials: The total receipts
were 1926, 061, 022, and the total ex-
penditures $359,026,332. Now a
very simple example in subtrac-
tion will show that the deficit for
the year was $63,965, $40, a sum
nearly equal to what was received
from the foreign syndicate for the
last issue of bonds. This isn't par
tisan politics, but a statement of
cold, hard facts. That these facts
demonstrate the iucapacity Of the
Democratic party to successfully
administer the affairs of the gov
eminent is true, but that is so
much the worse for the Demo-
cratic party, which is responsible
for these disagreeable facts.
Speaking OF bond issues, any one
can easily ascertain by comparison
of the available cash in the treasury
Just before the first bond issue with
the amount of available cash on
hand today that the three bond is
sues, while ostensibly made to re-
plenish the gold reserve, were in
reality made TO obtain the money
to meet the deficits in the receipts
Of the treasury brought about by
Democratic misgovernment and
attempts to put the country upon
free trade basis. 1t is no exag-
geration to say that had the Dem.
ocrats when they came into power
officially announced their inten-
ton to let the Mckinley tariff
alone, there would have been no
bond issues and no panic.
Although Mr.. Cleveland has
known from the day that Gen.
Schofield became the commander
Of the army, that he would retire
under the age limitation on Sep
TENDER 80, 1895, he has allowed
him to retire without designating
his successor, and until he does,
the duties of commander of the
army will devolve upon Secretary
Lamont, who knows less about
handling troops than a newly ap-
pointed cadet to West Point. Gen.
eral Nelson A. Miles, as the senior
major general, should be the COM
mander Of the army, but it is said
that Mr.. Cleveland does not wish