The Coconino weekly sun., 1895-02-21
THE CARLISLE ESTIMATE.
Increased Revenues to Come from Un.
 known SOurces.

known Sources.
 Secretary Carlisle's reply to the sen. ate resolution of inquiry touching the revenue prospects of the government is very explicit as to the amount of money expected to be realized from national taxation, but it falls very far short of giving the details called for. The reso- lution was made as explicit as language could make it, but the secretary con tents himself with assuring the senate that according to the estimate of the department the revenues of the govern ment from all sources will be, during the year ending December l, 1895, in ex' cess of the ordinary expenditures to the extent of S22, 2,563,023.
 These figures have the air of exact calculation. One would suppose that the problem had been worked out with all the precision of mathematical astronomy. Of course nobody knows within many millions what the rev enue will be, but there is no reason to suppose that the estimate was cooked up. On the contrary, the usual method was no doubt adopted for getting at the probabilities of the case.
 Especial difficulty was encountered. however, and unusual uncertainty sur rounded the calculation owing to the income tax. The Carlisle estimate as sumes that the tax will yield $40, 900, COG during the year, mostly coming in dur. ing the last half of the year. No doubt more than this would be realized If all incomes over $4, 900 paid per cent. or the excess but, judging from the past, there will be great deal of evasion. The revenue from sugar has been small thus far, owing to enormous i'm ports in anticipation of the new tariff. It is expected that S35, ,00O, ,O00 will be received from sugar, making from these two sources, which did not exist under the Mckinley act, S75,. 100000
 The deficit of January was S7,o0o, 900. At that rate the deficit for the entire year would be $s4,ooo,0o. Assuming that the sugar and income receipts would add to the revenues S75 ,000, ,0OC before the year closed, there would still be quite large margin to be, filled by increased receipts from other sources The difference between those two re ceipts and the deficit, based on Jan. ary, would be $9,0OO,0 To not only overcome that, but add the Carlisle surplus, would take S3l, 300, 900 increase from sources other than sugar or in come. No clew is given as to the sources from which this increase is ex | pected to come.
 It will be observed that even on Mir Carlisle's own showing it will be sev eral months before the receipts of the treasury will equal the disbursements for the income tax is only now being assessed and actual payments will be light until after July. To bridge tho interim Mir. Reed agrees with MT Sherman and the other republican leaders in finance that the best way tt do this is to issue certificates of in debtcdness, instead of longtime bonds There seems to be substantial unity oi sentiment among the republicans il favor of this mode of providing for th' revenue emergency of the government and the Carlisle estimate will tend tc strengthen the sentiment against thu Cleveland policy and in favor of thu Sherman-Reed policy.--Chicago Inte | Ocean.