New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-06-02
THE TARIFF FOR DEFICIT.
IT'S WORKINGS ILLUSTRATED BY THE
rPrAs1rRY's MONTHLY STATEMENT.


cr,prs py ABOUT s47oOoooo-A DECREASE
-. THE PUBLIC DEBT OF ABOUT
s,,ooco IN MAY-THE FIG
rREs IN DETAIL
~, -r,rceAPu TO THE TRrprNE1
- 10, r,a Three millions and a-quarter
- ..oardl.ures over receipts last month ana
,,ou, az oo, 600 during the eleven months OF tnc
o,rsnt n.,al wear Is the record so far OF the 'ar
for deficit as shown by the treasury Dep, '''.
no,,blv statement issued to-day The eept STAT
. to.s q not reduction In the debt during MAY
-, ahou, g. 200 900 and increase in the goa res''N
= -, &C ono oao There was a decrease IN the MN
,,rost hearing debt Of $SSt521, trihing Increase
stoo-,n the bonded Indebtedness. ana an 'h0'' "
rho Treasury cash balance OF AooZ'io4 'aN's ~
all a net decrease In the debt OF 3D. t"''oii III '''
Tho entire debt to-day. less slo''S'o'Iv cas-" III %.
r,urv aggregates 1912. 4o3 2s2. and OF this amour.
t-e 900 oo ia interest bearing debt made up IN ro"
,ho-s Of s5sOO0OOO per cents. So"U'" per
rts 400 90 900 4 per cents February 1874 .onip,
and s3l 49, 100 already funded Oh the 'as' S'''''
syndicate per cent loan .,,- 20, ,c-
,ro,surv gold assets to-day aggregated sf'''"''''
to nm ~ s94 2s5 6l0 gold coin. $50 In pats
and s1o2 800 gold certificates against whi'h tne'e =
outstanding $B,6il,3o? III eo'u 0''
gold reserve OF 500, .4os.
silver assets in the Treasury to-day reacheu 'no
big aggregate of s5iS364.4o6. made up Oh s',"'fY"
IN standard silver dollars $lb'oS''f4' III suo''
coln and sl24 5S 5ss in bars. Against TINS there
outstanding s32s 2 Oi In silver certifcates anu s'''
on $50 silver Treasury sherman aco notes Ie"'7
= sgver reserve in the Treasury OF T2'o'io'-- Inc
ereenback reserve or greenbacAs less cu'erhcy GER
tacates outstanding to-day amounts 70 >5l'SV''o''
Gvcrnment receipts from all sources IN May WI
g., q7s o7S against ,g3osGssi in May. 1897 Customs
receipts were disappointing last month"; an" a.
cregatcd N247i55S, only s2,o'5.in more IMAM
In MAY 1891: but this increase and more probably
,ones from sugar duties alone. which, OF COURSE
were not levied in May. 1894 sugar duties io' '''o
last nine months. since the new Ia" went '"'
effect have netted the Government a niue i'o'e
than 100000 revenue. official figures piaclhs -
AZ s2i6 so3 for the eight months ended apr" ~
Sugar duties in April amounted 20 N,'yfS'' anu
with about the same revenue in May anu '""e
each would swell the revenue from 'ns So
| for the current fiscal year to about ssV"'"o anu
| this now is about what Treasury DeP"' '''''"'
| neoolo expect by the end OF the year.
| Internal revenue receipts last month were Only
slo75i.oss against sl2oN.95O In May. 1891 ana TOT
the eleven months OF the current fiscal year 49, 49,
slg 757o7 or about 5000 less man .i ,.sar ard
| This Notwithstanding the increased tAN %. - ,ora
4 gallon on whiskey. which usually "a ne Goye~n-
| ment so far FOR the eleven mo', h o., -, On
current nscal year the rrvenur i about So
co. the official figures COR the ten momtnss sI
Es,.c'o each month during May ana June en-, VIZ ~
bring the revenue from this source AZ 'ne e. hovt
M nsral wear up about Sfb.o'"", Oh ""'"'
si,s0 ~ loss than for the preceding year ....
Receipts from all sources during the e,evm ~, ra ~
~ the current fiscal year Aggregated S-S''h.' y. -.
N- 90 90 more than in the corresponding Hio"eii7 ~
the preceding fiscal year. This incre9se Is an ol
~c,ry Al ir customs receipts Internal r cNcIu'' ~
relnis and receipts from miscellaneous sources, "a.
Ing hut few thousand dollars during IN tne 40
| nnriols and the sugar duties collected ths Ill
ye,r account FOR least Sl5.0ooU OF THIS increase
| revenue -. lao, ,,,or,hs n,
| F,xpanditurcs during tho last eleven months -,
pairing and pnchng here and tneTe nay n nan az
the eleven months OF The preceding fiscal year =,
| v.,- nd Navy and miscellaneous eNpeidi'"itS ".
| r,ver and harhor work and public buildings teM
millions have been held back but IN pensions NJ :,
| q ~ 90 more has been spent TINS year lhdl IA
| ,,1 i'm the interest charge when mas 70 oe ~
n-onpt;v there Is Of course an increase SHOWN '"a
| - a. amounts to more than $4,000: ~.
Rcrelnts and expenditures IN detail curing INC las
| alcvcn months compared with tho Corresponding
r,oj Of The preceding fiscal year are shown py th'
| Following table: