New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-08
TUE GROWING DEFICIT.
xr NEED OF SOME ACTION BY
CONGRESS.
,prsrpENr AND SECRETARY CARLISLE
RECOMMEND ANY MEASURES FOR IN
cnrAsING TIE REVENUES?


cREAs1NG THE REVENUES
,,x rr,EoRArH TO THE TRIBUNE.l
len Nov 7-Accordng to statements
Wasn"s ocentlv appeared In certain Admnistra-
which ".rsrs 4, Will not be necessary In the
ton q ,h. officers OF the Treasury Department,
opn~s-e 10 take any steps at the coming ses-
for ". y" -snlenish the public revenues. and therefore
SION ,,s President in his annual message nor the
nei'n. ~ the Treasury in his report to that body
see's'.,r,nnend such action or submit any propo-
will res ,ha subject These statements appear 10
si'0" sple IN view OF the actual condition OF the
De u Treasury and the prospect that FOR con-
Na"hls time 10 come (uniess some action shall be
sue, even under the most favorable circumstances
take~ revenues mrst continue 20 fall short of
INC trent expenditures OF the Government al the
the :, $40 100000 TO S000.cco a year. 1t Is easy 10
rae I'D argue that the Improvement OF business
ass 80 revenue 10 flow into the National Treas
vi" a rate and volume which will not only Keep
"'' ,,h current expenses but enable the Secretary
pa treasury soon to begin TO amass surplus
% ,s no ground for such an assertion; nothing
- h,rh TO base such argument.
1,,s no secret among men who are at all famiiar
-. .he operations OF the Treasury Department
". ,,,,I,ors on millions OF arrearages have accu-
,oted in the last eighteen months; that numerous
:. ,ovnnents which could be postponed without rais-
'huc clamor or breeding public scandal have
-, deferred despite the fact that the payments
- authorized. and appropriations Tor them mao"
=, ,hs last Congress In round figures the total APP
o,r,at,ons for the fiscal year ended June So 1881
Inclusive Of postal appropriations. exceeded *'So-
NJ oa and the total expenditures amounted 10 S''o
an e0 There was difference OF s'soVVVVV' IL Is
air 70 say that a large proportion OF TINS amount
,yht 20 have been expended before June 3D. 1919
:, gill have 10 be paid time Every month
mich sees a-rearages growing adds to the emoar-
.ssments OF the situation. Since July l. 1874 'he
,s,di,ures despite the wholesale pOstponement OF
.rments due have exceeded the ordinary receipts
= the enormous sum Of s6s 0o0oo and the deficit is
ssailiy growing
such are existing conditions and prospects, and
g. OF two alternatives must be taken More
,oney must be borrowed. or else the revenues must
sreplenished by means Of Legislation; 10 De sure
e IS still another alternative, when Is 70 Su'
hat would be simply impossible ana II Is sate ~, ~
az that the total OF the annual estimates Whlcn
scretary Carlisle will submit TO Conyres ss- neni
,rth for the fiscal year ending June 81 49, VII
az which he submitted last December for the
sral year ending June 80. 1896. Indeed, the propdd
a., mis- Administration will again increase the
ssrest bearing debt OF the Government unless u
,eslves new and specific authority from congress
,,So so-authority which 1t will by no means be
iksly 10 receive. The only practicable ALTERNATIVE
has been occasionally suggested by triends o, OF
tie ADMINISTRATION within ihs last tnree ea Trea
r-r leave the whole matter TO Congress without
any recommendation whateyer Lne gsgeiand to
valve anv Of his constitutional privileges or shirk
.ov ~ his constitutional duties or responsibilities
s.-1,scaliv when the former allows an opportunity
az The latter requires him to favor Congress win
y. advice is 10 expect the absurd. OF course II
VII be dsag-eeable TO him TO be Obliged 70 COL
less that the Revenue act OF 1884 even thonen hs
,sfsssd formally 10 approve ii, has failed TO yleId
sufficient revenue for the support OF the Sovefn-
nsnt but even President Of the United states
rrnsf sometimes do things in the line OF MS &C
siutional duty which are dsagreeaol ole 70 MN -.
csrnot smut his eyes and appear TO be Obvious 70
facts which are obvious and so important as
ne existing condition Of the National Treasury
and the inadequacy OF the public revenues. -,
Whether the President or the secretary OF ne
Treasury will suggest or recommend specinc
measure TO provide the additional revenue which
-~usf be obtained from one source or another re-
,nsirs N he seen one thing only appears 10 be
certain and that is that he cannot arord 10 recon-
-1sr5 any further reduction of the rates OF duN
m ,nnorted merchandise. The experience OF me
last wear has clearly shown that the last congress
.-ssuSsS me rates on some OF the more important
Manufactured imports too much and so that, while
American manufacturers have been subjected 10
me seve-est strains account OF foreign COM
nation the National Treasury has reaped no cor
.ssno05ine advantage through increase In the
total amount OF duties collected