Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1895-12-16
oggICIT OF $lS,SOj,22S.
rsIn,l,d Surplus for E'Ii Year Of
Nearly Seven Millions
an RETIREMENT OF enrESBAcSs.
..,, Of Facts Concerning sue
u.sa I,suss-The ssers'Sr's
plans aud proposition


,y.,urSaroS, Dec. lG.--secro'ary
,..,,I.,, annual report Of tbs state Of
Sa.nc,, was sent to Congress today
~,sows tina, tho revenues of the gov
a,,nt from all sources during inc
e,c,l ysnr amounted 70 $S9O,S'S''
~o The expenditures during inc
am, period aggregated sAaS'l 80
Tin. S a deficit for tho year " si2''
compared with tho hSoal ye'i
,,oi tho receipts for 1895 increased
a.; b7o. 7o5. although there was ae-
,.,,s Of sll. s-9,9sI in tho ordinary
..andIluts,, which 10 largely ac'
united for by a reduction OF sll' 1884,
s5on sugar bountloa.
The revenue for the current h'eal
-.,,,re estimated upon iho basis OF
-,.,,,e laws at s48l, 9O7, Al7 and the
a.sndllures NJ g4ss, 007, iO1, when
.'ll Lave deficit OF l7,OO0,OOO. For
~ coming fiscal year ending June
~ ieoT ms secretary estimates the
,.1.in,s Al si8i, 703, 100, aud the oxpon,,
't,,,s, AT ii57, Ssl, 1903, or an estimated
,a,r,ns oi 81, sos. 0l0. The secretary
,i,irs briefly tho facts concerning me
s.nsso az bonds during the year, the
rertleuiafs Of which have already oeeh
rersrled 70 Cougteis.
BgRINu SEA PATROL.
.,,o,-s that the Beflng sca
..,,oi dsst during the last season
s,d.d and rxamin ned "a vetsels, 81 OF
-e,eh weto engaged Ia sealing. The
-a,es., NJ sklns actually counted was
eioia Many Of tho vessels In tins
.vaene cutter service, the secretary
~. ,re very old aud nearly unFeA'
s,l,'y and he recommends that four
Sne, DO provided 10 take the
.3,,,, of tie MoIiAne, the Crawford,
no seward, and one Tor tho pof' OF
New N0ls. ....,
,,snt ot Great Britain has refused "a
~ ,or mo season OF 1894, providing
i5f the sealing up OF arms, wnlon leave We,
10 he Determined wholly 10y tbs
ps,ls svards. The total catch n' seal
str,, Ina tho award area duriug lat
fssson was 5B,20l 10 compared VIII
6l,sSs Tor tho season OF ~, 200 ~
zach on the seal Islands was lo,uuu' n
careful count OF ell o. tho seals on th,
islands last year makes the number
lille over 100000. n decrease OF oNe'
one half since 1891.
Tho secretary deVoteH laie'
share Of his report TO a oiu
custom OF the condluon or w
treasury and tho currency, IN lnl
course Of which he makes al exhhui
tive rrgumcnt In favor OF tho retire
ueul Of the greenbaoEs.
TIE REvESUE LAWS AMPLE.
arhe caah balance in the ireesuf
on tho let day Of December, 1891" n
tsys, twas Sl77, 400, $50, being s9s,OIs,
40 in sxcesa Of the actual sole r'
,efve on that day, and s77 4OB,8s0 j
excess OF any SUN that ~ would L
ntcoasEfy TO use for repleniHhing ina
fund Ia case tho secretary should
any time DO able TO exchange ouTrono
ior gold. There IN, therefore, no Teaso
10 doubt that the ability Of the govern
nunt 10 ditoharge all Of ito current oil
llgauons during the preuent hscnl yea
md have u large cash balance az u
close, without imposing additional tni
alton In any form upon the peopl'
hut adhere TO the opinion beretoiol
expressed that the SECRETARY OF III
Treasury ought alwaya to have hutho
iiy 10 issue aud coll, or use In the pay
ment Of expenses, thort time bunu
bearing low rats u interest, To sui
ply uolual deficiencies In the revenue
"Wiih a complete return 70 the no
nal business condition OF the c0untf
and proper legislative AMI exeeullN
supervision over expenditures, u
revenue laws now IN force VIII
my opinion, yield ample means 4
the support OF the public servl'
upon tile basis row established; al
upon the nption, which seems
10 iuethed, that tue progress no
being made toward the restoration
our utuAl state OF prosperity VIII 90
ilnuo without serious interruption, IL
t5timated that there will DO uurpll
Of nearly s7,00O,00 durlug the n9o
yeaf 1897. During the nfcal years lb
end 1896, tho ordinary expenditures
thO government have been decrease
S-1,232.658,as oompRTad with the nso
year 1888, and II In beloved mat vi
tue cooperation OF Congress, iurth
reductions can DO maae IN the iutu
without imppiring the efficiency OF q
public sefvlce."
TnE WITHDRAWALS Oh GOLD AT
noED ISSUES.
Continuing he says; "rhe large wit
dIawas Of gold IN Deoememter, lsi
hud January and the earlier part
February, 1895, were due almost
tlrely TO feeling Of tpqrehenalon
lhe public mind, when increased
l1iensily FROM day to day until
nearly Teaohed toe prOportiong OF
panic, and II was evident 10 oil W
were familiar with tho situation VI
unless oiieciual stTuss was prompt
taaon 10 ohsck the growing disirust
government would DO compelled vii
ma lew Oays 10 suspend gold pnymei
anu drop 10 q dsptsoIated silver a.