Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1895-10-05
ALLEGED EXCESS OF RECEIPTS.
Figures Which DO Not Lie-Cause OF
Bond Issues Germans Methods.


From our regular correspondent
WASHINGTON, D. c., Oct. 1.-The
Democratic cackling over the Sep
TENDER Treasury statement is about
as silly thing as lot of grown
men could be guilty of, when consid-
cred in connection with the actual
facts, known to all those who are con-
versant with the situation. and easily
accessible to everybody. During the
month of September the receipts of
the government were slightly in excess
of the expenditures, but that does not
mean, as some ill-inforned Democrats
are saying, that the receipts of the
government have grown to be as
large as its expenditures. Not at all.
The explanation, instead of being fav-
orable to the administration, is decid-
eddy the contrary. The heaviest pay
ments of the government are made
early in the quarters beginning July
I, Oct. 1, Jan. I, and Apr I, conse-
quently the smallest expenditures are
for the last months of the quarters
June, September, December, and
March. This is SO to large extent
under all administrations but it has
been particularly SO under the present,
because of the system of withholding
payments during the last half of the
quarter for the purpose of misleading
the country as to the state Of the pub
lie finances, which has been such a
marked feature of the Cleveland re-
gime. Last April the receipts, under
this system, exceeded the expendi-
lures. 1t was the same in June, the
excess for that month being about
s., 900, oeo more than for September,
and it will doubtless be the same for
December: but all the while that an
nual deficit has been steadily climb
ing, and it will continue to climb
until the Republican Congress takes
hold and passes the legislation neces-
sary to increase the revenues of the
government, through a revision OF
the Democratic tariff law. which
Democratic Treasury officials openly
acknowledge will never provide all
the money needed to run the govern
ment.
When you wish to know the actual
condition of the U. S. Treasury do not
take the figures specially jugg1ed for
any single month, but take them for
an entire year. For instance, on Aug
81, last, the Democratic tariff law had
been in effect for one year. Now,
what sort of showing was made dur
ing that year? Here are the figures
made by Democratic officials: The
total receipts were $2o5. o6I, o22, and
the total expenditures $3.50, o26, 1872.
Now very simple example in sub
traction will show that the deficit for
the year was sos, o65.8Io, a sum near
ly equal to that was received from
that foreign syndicate for the last is
sue of bonds, That isn't partisan
politics, but statement Of cold, hard
facts. That these facts demonstrate
the incapacity of the Democratic par
ty to successfully administer the af-
fairs of the government is true. but
that is only SO much the worse for the
Democratic party, which is respons-
ible for these disagreeable facts.
Speaking of the bond issues, any
one can easily ascertain by compari-
son of the available cash on hand to-
day that the three bond issues, while
ostensibly made to replenish the gold
reserve, were in reality made to OBJ
tain the money to meet the deficit in
the receipts of the Treasury brought
about by Democratic misgovernment
and attempts to put the country upon
a ree-trade basis. 1t is no exagger-
alton to say that had the Democrats
when they came into power officially
announced their intention to let the
Mckinley tariff alone, there would
have been no bond issues and no
panic.
Every day something turns up to
accentuate the desperate condition of
Senator German and his ticket. The
latest is the refusal of his registration
officers to allow number of Republi-
cans who own homes, valued all the
way from 81 900 to $50, 900, in Mary
land, but do business in Washington,
to register in that State. A test case
will be taken to the courts but as Cor
man controls the courts largely there
isn't much hope of accomplishing
anything further than putting them
on record
Did You Ever Think
That you cannot be we'll unless you