Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1895-03-14
THE FINANCES.
Assistant Secretary Curtis Makes
o Statement.
The SUGAR BOUNTY REGULATIONS.
Zhe Secretary Of the Treasury Will Sesa
Begin the Preparation Of Them
Sxyers' Statement Of Congress.
sional Appropriations.

Secretary Curtis yesterday made the
following statement: In view Of GER
tain statements in the newspapers that
treasury officials are embarrassed by
IN alleged failure in gold deliveries un-
der the recent contract and other asser-
tions Of similar nature calculated TO
mislead and disturb the public mind,
wish to say that the actual withdraw.
sls Of gold from the treasury since
March l, 1895, have been 1885, 5,347, Of
which S2sl,0S7 have been for the re-
demption Of United States treasury
notes, and s74,s6o for the redemption
Of United States notes.
I'm regard to the excess Of govern.
ment expenditures over receipts, it is
well known the latter 10 rapidly in
creasing and that up to this time
nothing has been received from the
income tax and very little from
sugar duty, both Of which will be i'm
portant elements Of government re-
ceipts In the future. There is plenty
Of money In the treasury to pay the ap.
propriations, and the statement in
some articles, that II the treasury had
the money the passage Of the enor-
nous appropriations would lead to the
immediate disbursement Of immense
sums ot money, Is totally untrue.
There IL question Of law as to when
the appropriation for the payment Of
the sugar bounty becomes available,
snd until that question is settled II
will be impossible to make any pay.
ment Hereunder. Moreover, the
claims for bounty must be adjusted be-
tore payment, since payment must be
made pro rata II the appropriation Ia
insufficient
1.-THE total available cash in the
treasury amounts to SS3,37l, 495, over
and above the sl00,OOoOOO allowed to
cover the gold reserve, which Is esq.,.
745, 5,594.ll. The treasury officials have
no anxiety as to their ability to meet
sll obligations In the immediate future
with ease and are confident the ex-
pected revival Of business will assure
the future
PAYING SUGAR BOUNTY.
WASHINGTON, March 9--The secre-
tary Of the treasury will within the
next few days begin the preparation
Of regulations under which the appro-
priation Of $4,000, 900 made by the last
congress as bounty for sugar pro-
duced in 1894, will be made. The
act provides that there shall be paid
ON cane and beet sugar produced
in ls4a, a bounty at the rate Of eight
tenths Of ! cent per pound and appro-
PIRATES $5,Q0Q,0OQ for this purpose.
The best data obtainable, however, in
dicates that the appropriation is en-
tirely too small apd that something
like 80, 100000 would be necessary to
liquidate all Of the claims on . basis OF
eight-tenths Of cent per pound.
Louisiana, 1t is said, produces about
70O,OOO,o00 pounds. Florida and Texas,
s0,00o,ooo pounds, and estimated the
beet sugar production ut 100000
pounds, the same as the yield Of 1893,
gives total Of 100000, 600 pounds In
view Of the probable shortage, Secretary
Carlisle has decided to pro rate the
payments among all of the producers,
according ta' their yield. This would
warrant payment Of about 65 cents
per pound instead Of cents Under
this arrangement all claims will fare
alike, and any scramble for precelence
viii be avoided.
CHAIRMAN SAVERS STATEMENT.
WASHINGTON, March Q.-Chairman
eayers, Of the house appropria-
tlons committee, has made a state.
ment Of the appropriations Of the
last congress. lie presented in his
statement tables showing appropria-
tions Of three congresses as follows:
Fiity-frst, 81, $50, 100; Fifty.second,
q, OF, l04, ,527; Fifty-third, 5000, a3s60i
Mr.. Sayers says; s'.The appropriations
made by the Fifty-third congress, In
Guiding permanent appropriations,
show . reduction ot $3.50, 7d5, $50 under
the appropriations made by the Fifty
second congress and s45,a4l, 4lS under
those made by the Fifty-frst congress-"
Mr. Sayers, making comparison
with last year, shows that there is
net increase Of $5,S77,3sO. "The new
public buildings authorized, including
one in Chicago to cost 100000, will
not exceed in cost S5,660,000, be-
yond the sums appropriated therefor,
while the Fifty-frst congress left
to its successors more than IS, OOO,0 900 to
be appropriated for public buildings
which 1t authorized The salaried
list Of the government has been re-
duced by this congress more than 600
persons, with annual compensation
amounting to quite s75o,ooo