Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1895-02-05
Secretary Carlisle Says the Income
for 1895 Will
Be Greater Than the Expenses by
twenty-five Millions.
The Letter Causes Much Interest
in the Senate-Treasury Off
cials Agree That It Is Conser-
vative-Tom Reed to Introduce
Financial Measure - More
Commendations OF Mr.. Cleve-
land s Plan.

WASHINGTON, d. c., February A.
Secretary Carlisle submitted letter OF
Information to the Senate to-day, in re-
sponse TO resolution of inquiry adopt
ed last week, when Mr.. German
urged the seriously crippled
condition of the treasury. Mr..
Carlisis's letter estimates that the
revenues for the current year will ex-
ceed expenditures by So, 563,O ,O25. The
text of the letter is as follows:
IN reply to Senate resolution Of jan
uary 2S, 1895, that the Secretary of the
Treasury be directed TO inform the SEN
ate what is tho estimated deficiency in
the revenues of the government TO pay
current expenses between the 31st DAY
OF December, 1894, ana the 3lst day OF
Decent Der, 1895, and il the Sl53, 337, 579.-
90 cash balance in the treasury on the
3lSt day OF December, 1894 will be
sufficient TO meet such deficiency, /
have the honor to state that from es-
Inmates made upon the basis Of laws
now in force, ii is believed that for the
twelve months ending December 81,
1895, the revenues of the government
from all sources will exceed ordinary
expenditures about S22, 500, O23."
The reading Of the letter was closely
followed by the Senate. Mr.. McPher-
son went to the clerks desk TO person
ally inspect it. Then Mr.. Aldrich sent
for it and group OF Republican Sena-
tOrs gathered about him and read it
over his shoulder. Mr., German smiled
significantly at the Secretary's direct
and positive estimate of the ampleness
of revenues.
Mr.. Villas, from the judiciary Com
mittee, fayorably reported the bill re-
tiring Mr. Justice Howell Jackson from
the United States Supreme Court bench
and asked Immediate consideration OF
the measure.
Mr.. Aidrich, still holding Secretary
Carlisle'S letter, suggested that there
were some other things which would
prevent the full consideration of this
measure aad il accordingly went over.
BOND ISSUE EXPECTED SOON.
WASHINGTON, February $50 far as
can be learned there has been no change
iu the bond situation. All of the OIL
cials are extremely reticeut on the sub
iect and decline TO either affirm or deny
and of the rumors brought TO their at
lention. Oue rumOr which had an ap-
parentlY good basis WAS that
the bonds for the new issue
we're already being printed at the Bu-
reau of Engraving and Printing, but
ike the others IL could not De confirmed.
The concensuS OF opinion is that the an
nouncement OF bond issue 10 foreign
purchasers, directly or indirectly, will
De made very soon, aud that all arrange
ments 10 this end are substantially
complete.
WASHINGTON, D. c., February A.
Senator Allen (NebraSka) gave notice
of a proposed amendment TO the sundry
civil service appropriation Dill Tor the
coinage of all unCOined silver bullion
owned by the government
THE ESTIMATE Is CONSERVATIVE.
WASHINGTON, d. c., February A.
Treasury officials generally express the
ouipiop that Secretary CarliSle's estl-
mate oil q Surbl Is OF -, 0O1,DvO III tho
calendar year, 1895, is conservative.
II is argued that the customs duty on
sugar alone should brlag in at least
S35. 600. 600 during the next eleven
months. and that the revenue from the
income tax is likely TO reach $40, 1000.
The receipts from general customs and
from whlskey Withdrawals are expected
10 materially increase from now on,
which il is believed will bring the re-
ceipts for the twelve months
m TO about $3.50, 500, GOO.
The disbursements Tor tie
wear. il is thought, will not exceed
$3.50. 600. 900. leaving surplus after de-
ductinq the 81, 900, 600 deficit for Janu-
grv Of s92. 500, OOO The internal reve-
nue officials in figuring on the receipts
from income taxation, estimate that the
returns prior 10 Jely l will amount TO
$40 600. GOO and for the remaining six
months.
CryclNYATL ONO, February 4.-The
Cincinnati Chamber of Commerce to-
dav unanimously adopted a resolution
snnroving the general policy Of Presi-
dam Cleveland as stated in his recent
financial message, and asking that it
have the prompt and favorable consid-