The Republican. [volume] (Oakland, Md.) 1877-current, 1895-10-03
OUR WASHINGTON LETTER.



WASHINGTON, Sept. 30, 1895.
The Democratic cackling over the
September Treasury statement is
about as silly thing as a lot of
grown men could be guilty of,
when considered in connection with
the actual facts, known to all those
who are conversant with the situa-
ton, and easily accessible to every
body. During the month of Sep
TENDER the receipts Of the govern
ment were slightly IN excess Of the
expenditures, but that does not
mean, as some ill-informed Demo-
Gratis are saying, that the receipts
of the government have grown to
be as large as its expenditures. Not
at all. The explanation, instead of
beng favorable to the administra-
ton Is decidedly the con trary. The
heaviest payments of the govern
ment are made early in the quar-
tiers beginning July LIST, October
LIST, January 1st and April 1st,
consequently the smallest expendi-
lures are for the last months OF the
quarters - June, September, De-
cember and March. This is so to
a large extent under all admins
trations, but it has been particu-
larry SO under the present, because
of the system of Withholding pay
ments during the last half of the
quarters for the purpose of mislead
ing the country as to the state of
the public finances, which has been
such a marked feature of the Cleve-
land regime. Last April the
receipts, under this system, exceeded
the expenditures. 1t was the same
in June, the excess for that month
being about 100000 more than
for September, and it will doubt
less be the same for December; but
all the while that annual deficit has
been steadily climbing, and it will
continue to climb until the Repub-
lican Congress takes hold and
passes the legislation necessary to
increase the revenues of the govern
ment, through a revision of the
Democratic tariff law, which Dem
ocratic Treasury officials openly
acknowledge will never provide all
the money needed to run the gov
eminent.
When you wish to know the act
ual condition of the United States
Treasury do not take the figures
especially juggled for any single
month, but take them for the entire
year. For instance, on Aug. 31st,
last, the Democratic tariff law had
been in effect for one year. Now,
what sort of a showing was made
during that year? Here are the
figures made by Democratic Off
cials: The total receipts were
1895, 061 1922, and the total expen-
dltures 1859, O26,3 1892. Now very
simple example in subtraction will
show that the deficit for the year
was $63, 965, $40, a sum nearly
equal to what was received from
that foreign syndicate for the last
issue of bonds. This isn't partisan
politics, but a statement of cold,
hard facts. That these facts dem
onstrate the incapaclty of the Dem
ocratic party to successfully admin
lster the affairs of the government
is true, but that is only so much
the worse for the Democratic party,
which is responsible for these disa-
greeable facts.
Speaking of BOND issues, any one
can easily ascertain by comparison
Of the available cash in the Trea-
sury just before the first bond issue
with the amount of available cash
on hand to-day that the three bond
issues, while ostensibly made to re-
plenish the gold reserve, were in re-
allty made to obtain the money to