The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1895-07-04
SAUK CENTRE, MINI.
BY CHAS. F. HENDRIX.
SUBSCRIPTION $l.50 PER YEAR.
NATIONAL FINANCES.

ic administration, both legislative and
executive--the latter. however, having
hut little responsibility only SO far as
er, which was to a greater degrees than
at any time siuce the Jackson admins
tratiou--can not fail to interest every
reader Who desires to inform himself Of
The condition of the great national CO.
partnership Of which he is component
part. For the first time in wears the
nation is brought face TO face with a
condition, not theory, that democratic
legislatiou hassucceeded in soshaping the
financial policy ct the government that.
its expenditures are very largely in ex-,
cess OF it's receipts. The following is the
statement:
The treasury deficit for the fiscal year
just closed viii be approximately $43,-
100000 This, added to last years de-
6eit, OF nearly $70,oO0,ooo, makes the
excess Of expenditures over receipts
since June so. 1898, about S113, 250,-
900. The fetal receipts OF the govern
ment this fiscal year, exclusive of postal
revenues amount to nearly 1913, OOO,-
600, and the expenditures. 1856. 250-
900, Of which pensions took $141 ,391-
623. Last year the aggregate receipts
exclusive of postal revenues were
$29z, 722 .219 and the expenditures
$36T ,525, 279 The receipts this yeur,
therefore. We're S15,27S 900 greater
than last, and the expenditures about
S11, 275, 900 less. The postal service de-
felt is about $11 100000 whicL is in
excess of that oil last year.
The internal revenue OF the govern
meut has contributed this year to the
receipts nearly S143, 900, 900 AS against
httie more than $147 900, 900 last year.
The customs this year makes a better
showing thans last by about. sd, 0Q0,-
Oo0 Last year the receipts ON this
source amounted toanerly S132, coo, 600
and this year they approximate $685.
100000. Of this amount sugar con-
tributed about ST. $50 ,000 the imports
for the nine andsaahalf months during
whichstre 40 ps1~centad ralere m about
43, $50 900 pounds, OF which about
10, 300 900 pounds were zane sugar, and
the remainder beet,
The June debt statement showed
availa blecast balance OF about $780,
100000, (Which S1O7,5oo, 900 is in the
). gold reserve.~...This Observation-Disclosures the
payment in full for the last bond issue,
but the statement shows a counter debt
charge OF only $31, 157, 7ooin bonds, or
one half Of the whole amount issued. In
explanation Of this seeming error, it is
s;3l lhat The fcrhIaltrairstrr Of he, Ions,
dsH halt of the b uds has not vet been
made
During the fiscal gear tbs number of
u, si,,ilat banks in leaisteIlce has de
cfeasegf ,t1as z 5 TO 8, 722. Forty one.
naeiaaal banks have been organized
dpf8ie Ale year 90 have gone into vol- /
nnfag l'qudatiop and sc have been
piaees IL the hands OF receivers. The
81 or -a7 f,on,es2oz 9F3 % a son TuIv
aoI So q f.oozs
tssf &c ~ ~ t,o7o. on. NY
l-3o. lraa1 JiiiFia, 1854, TO May Z,
1895, E, lalesg date to the year OBJ
ta14a6te, the loans and discounts Of ma
tiona banks have increased from
Sfo83 5ea $50 to Sfe76s 604, 445. or
abaa 100000 During the Same
time i5a.4sal deposits have increased
from 2I,6T7, sol 200 to 81, 600 97I,-
2oo. or aBoatS 13, 900 900. The lawful
uoare :. resegse held bv the banks show
he4vv increase from $864,1o5, 757 to
s439. 931, 97o.
'-~-v- ~
Dr.. - eiMPBELI,, eJitor OF the BEL
grade Sun and an old resident of-West-
ern Stearns, vino Stow the temper OF
the people assswell aas any man IN the
territory IN the MIDST OF which ne re-
si'iss' mas TINS - say us MS paper ie'a-
1--we 70 ''e o'''''''''sS ~ Q ''e W eoa''
mousse go ~ 80 81
our i}eops af1s cIsaaiu' lslow - e.i1
F;T.rvI,as4v II, fhjs local:fy regardless Of
parsafEsk ions. IRE decidedk opposed to
the bui'ciTg 81 a@anew@cptfrf house at
IIle I3IeSGIt. Oar COMMISSIONER T.