New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-14


va.bington Nov lit is understood that
Secretary Carlisle has begun the preparation Of
his annual report to Congress. and it is said by
.,orsons VINO are supposed to enjoy His conf
dence that the report will not only contain inn
x,r,ant recommends tons in regard to legislation,
hu, will also review the financial operations OF
the Government under the present Admnstra-
zion such a review. II candid and comprehen-
sive will he exceedingly interesting and impor-
tant as well = new. That the country has not
always been trea ted with candor in regard to the
financial operations of the Government since TINS
Administration came into power every intelli-
rent observer has the best and strongest rea-
SIMS 10 believe. For example. il has been re-
neatcdly asserted. both officially and unoihciai-
N BY and on behalf OF the Secretary OF the
treasury that none OF the money borrowed
since February. 1894. has been used for the pay
ment Of current expenses. and that borrowing
noud not have been necessary II gold had not
heen required to maintain the Treasury reserve
7, Is 10 be hoped now that the elections are over.
that this Administration fiction will not be re-
heated In the forthcoming annual report of the
Secretary Of the Treasury.
In order to show how much Of the money bor-
rowed on account Of the Government by this
Administration in the first two-thrds of its ex-
,sterce has been applied 10 the payment of cur
rent expenses, a balance-sheet has been pre-
pared which. it is believed. the merest tyro in
bookkeeping will readily understand All the
items are from the books and official reports OF
the Treasury Department. and az far as can now
be ascertained. item either side OF the
account has been omitted. There is however, a
difference of about $4,000 unaccornted for. ow-
ing u causes which do not involve suspicion
Of inaccuracy in the Treasury accounts, and
which would eventually disappear after more
thorough investigation and the clearing away OF
unsettled items. The difference is too small. how
ever. materially tc affect so big total The bal
ance-sheet is as follows
THE CLEVELAND ADMINISTRATIONS
"a cash in Treasury March l. 1895. SPA l2sos7 -
To ordinary receipts March l to July /.
~ ssainary receipts hscai year 1894. s7 Sls Is
TO ordinary receipts fiscal year 1879 3i3Sso o7e ii
To ordinary receipts July to November -, 900 a.. ~
To National bank deposits in excess Of
redemption fiscal year 1904. .....:... 5.7oe.2+7 70
TO per Ss FINDING G1nS' sGa"' 1894 and
1895 ...-......-......... .......'.'..'.. ''-oV W
rive per cent loan Of 1894 80. oo--
rG. '5 5.y cent iSe loan Of 100. Sos 49, 20 Il
November. 1870. oas:: 5s.'Ss.5oooo
-Four per cent loan Of 1925 - ,,o,,eo eco noe oo .,
Total 1853, 723, $50 81
March to July !. 1893. .si2s ST. 724 IS
N.csi wear 1894 ......... 367, 525, 279 SIS
ascsi vear 1898 .... $50. 1a5. 2aS 90
j}y ordinary expenditures 80
July November !. 1898 l2e,9}s loS 81
National bank rcdenp
lions excess Of deposits
fiscal year 1895 .......... 1,Ol2 1876 90
p National bank redeTur
~ deposits
July November l. ls0 1.Go2SIo 90
~ sinking fund. 1894 and .-,o
yernis- / iS,5... 3ao4S IS
Pacific Railroad bonds . - -. -. 49,
De- med January 1886 2362ocO 90 tsi91l9 30 ~
cash in Treasury November l. 1894. y9s IS
To,sy 81 le3 s99 524 Oe
' fps.Ints ,................ sI75.G61 10