The Coconino weekly sun., 1895-12-12
DONE BY THE DEMOCRATS.
rns National Treasury II Held Up BY thu
Wilson Measure,

sns Nstionai Treasury II Held Up BY tho
Wilson Measure.
The IS months of the operations Of
the new tariff law ends simultaneously
with the meeting of congress, which
must determine upon some method to
supply the deficiency which that law
has been creating during that period.
In round numbers, the deficiency in the
10 months of the operation of the law
is $70,000,000. In 10 of the Is months
there has been deficit and in the two
months which proceeded an apparent
surplus, it was brought about by ex-
tremely light expenditures, and not by
reason OF heavy receipts. The average
expenditures Of the government are,
and have been for years, $40, O00, 900 per
month. The heaviest receipts in any
month of the new law were those of
July. when they reached 29,O69, 607.
There was some hope ut that time
among the friends of the new law thai
it might finally arrive at condition in
which 1t would meet running expendi-
lures. The July receipts turned out
to be heavy. but the hope which they
created was not justified.
The receipts fell in the following
month to $2s,952.696 and in September
TO $27,549,67S, and in the month Just
ended have again been reduced, the
total for this month being $25, 1886, SOB.
In the Is months which the law has
been in operation the total receipts
have been $373,076,64S, while the ex-
penditures have been $444, 29O, 692, leav-
ing deficiency of $7O,494,O44. Thus
the average monthly deficiency has
been over $4,500,00O from the enact
ment of the law up to date. During the
last few months the receipts have been
higher than in the corresponding
months of last year. and there is reason
70 believe that the law will produce
within about 100000 per month of
the actual expenditures, taking one
month with another, thus making it
apparent that the new congress will
have to provide in some way an addi-
tional income of about $4,000, 900 a
year to meet the running expenses of
the government.
In this connection it is interesting to
compare the workings of the new law
up to the present time with those of the
Mckinley law in corresponding
period of it's history. The Mckinley
law acted normally until after the cleo
ton of the SD congress, which was adj
vertised to destroy it. Naturally the i'm
portations of dutiable articles were
largely suspended as soon as that con-
gress met, and began its operations,
and it was natural, therefore, that the
receipts under the Mckinley law should
fall off enormously rs soon as that &C.
CURED. There were, therefore, no more
than "a normal months OF the opera
tions of the Mckinley law. covering the
period of it's enactment until the meet
ing of the SD congress. In those "a
months the receipts under the McKin-
ley law amounted to So. 900. 900 in ex-
cess Of the expenditures. besides con-
tributing millions to the sinking fund.
In the IS normal months of the Will
son law it has produced deficiency of
S70,000.000, contributing nothing to the
sinking fund, while it has been relieved
of the payment of about SEQ 100000 by
the arbitrary action of Comptroller
Bowler in Withholding the cugar boun-
~ and of Secretary Carlyle in withhold
ing the rebate on alcohol withdrawn for
manufacturing purposes. Had these
two payments been made as directed by
the very law which has created this de-
fciency of S70.OOO.0OO. the deficiency
would have been nearly, if not quite,
S90.OO0,O0O in IS months, as compared
with surplus Of So. zoo. 900 under the
Mckinley law in "a months of its nor
NAL operation.
q Senator Palmer 10 not one of those
who believe that the organization of tile
senate is to remain unchanged. He
thinks that the republicans will prob
ably have sufficient strength to organ
ize it to suit themselves. and certainly
that they will be able to obtain any as
sistance that they may need from the
populists, and that, too, without any
troublesome pledges. II do not believe
that there is anything in the idea that
the organization is to remain as at pres
emit" he said. THE republicans have
practically sufficient strength now to
control it of themselves. and do not
think that there will be any opposition
on our side to their taking that respon-
sibility, IL they choose. Even If we
should attempt to make any opposi-
tion to it. they would. doubtless, get
what assistance they need from the pop
ulists. They have several votes, and are
human, and it is reasonable to presume
that. If the republican brethren have
any desire to control the organization
of the senate. they will be able to do so
embarrassing themselves with
any pledges or combinations. Chic
cago Inter Ocean.
DRIFT OF OPINION.