The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-07-17
JULYS HEAVY EXPENDITURES.
THE DIRE TALK OF THE CALAMITY
HOWLERS UNJUSTIFIABLE.

Treasury Department Records show
That the Expenditures During
This Month Have Been Henyy for
Nenrs-PeRstOns and Interest Pay
ments Constitute "A BIg Drain-Thc
Opening of the New Fiscal Year
Also Cuts Mig Figure.
Washington. July 1G.-secretary Carlisle
is not disturbed by the attacks the calam-
ity howlers are making upon the treasury
because Of the large expenditures being
made from the public funds during the
present month. The records OF the treas
ury department show for number of
years back that the month OF July. which
is the first month Of expenditures for the
entire year. has been heavy. These facts
are well known to every intelligent person
who has had any dealings with public af-
fairs In Washington. Last month the
statement was officially made by the ac-
counting officers of the treasury that the
expenditures for July would be very large
and they would greatly exceed the re-
ceipts, consequently no one who has fol-
lowed the subject is surprised at the fig
ures set forth in the daily statement given
out at the department. AS a matter of
fact the receipts to-day are larger than
they were last month, and there is a
gradual increase all along the line. II the
official records of the department are cor
rectly kept.
That the present increase in the OK
penditures may be better understood by
those who are not familiar with the sub
ject the following explanation is given by
one of the ablest and most trustworthy
accounting officers of the government:
In the first place the semi-annual inter-
est on the per cent. bonds and the Pa
ciiic railroad bonds is paid in July. Up
to date Sc. 900 in interest alone has been
paid out this month. The next big item
is for pensions. The practice OF the
department is TO make payment to the
various division pension agencies, quar-
terly, so that each division Ohere are
four Of them) is supplied with funds al
ternately, except for the month of July,
then all of the agencies are supplied with
funds in a lump Thus the outlay for
pensions at the beginning Of the fiscal
years is always greater than at any other
period in the year. During the first half
| pensions. That accounts for about one.
half OF the expenditures of the entire
| government during the period named.
The civil and miscellaneous expenses are
| also exceptionally heavy at the begin.
ming Of each fiscal year, for the new ap
| proportions go into effect and the treasury
| is called upon to supply almost every dis
! bursting officer in the public service with
funds to facilitate the opening up of his
new work, which were not available under
| the law until July.
On the same principle those persons who
are engaged In trying to destroy public
! confidence by attacking the treasury might
with the same propriety point TO the
! heavy disbursements for salaries on the
| first and fifteenth OF every month as com
! pared with the time intervening. July is
the national pay day for the government
and naturally the expenditures are larger
| than during any other month In the year
AS long as the business OF the country
continues TO improve, as has been demon
strated recently, the calamity howlers
viii howl in vain.