Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-12-17
C\RLISLE'S REPORT.
Ths Secretary Of The Treasury on The
COuntTy'S Finances,
srpt cTIoN or EXPENSES
s,r,ius Of S6.0Oo.Ooo Estimated
,,r The NcNt Fiscal lcar-No In
crease of TaN"tion Necessary hut
,..ouom, - Rcouircd.


Economy - "'""''"
..,.rfNcTON. II. c.. December To-
rsrrs,e's annual report on the
.,,,,os WAS sont in Con
s.0 i ''e '.''''' -.
.... ..laN. III SHOWS '""' "'' ''''"''
... government from all sources du-
last fiscal wear amounted 60
,,. ,,,crlitnrss during
s,.',-s an. ,...,.t,... a.,
.In, pciio' q" '''.''.' ~ ~ ''''H -
fnr ODE year of >i-'N"'--'' As com
,.n tho fiscal year Of 1891 the re-
ISL, increased N757O75. al-
,..... 80 e., 900 ,>t
-. .H'ic Was ",'' .''0 va
ordinary expenditures VINO" 's
...ouutcd for by reduction OF
.. ., .,,aar h1untics.
,.r ,i.. current fiscal wear
.., o.- an and the cxpenditurcs
which viii leave a deficit
r,.r tho COMING fiscal year
ts,- en-, Secretary csti-
' ..., -,..,., ....t n,.
- rr receipts III S''i''''''-'' anu
...rcs so S3INN.l,1, or an 'S'-
..i,,s Of S.ql>q.f
, ,i,. rr.,e,,r,. ON
" '"-'''>' -..
day ci pec'h'.l' t, ,.., nc -"s.'
N.I tH ~. htlh- f'N'N'-'i-' d" 90.
actual sold reserve OH ''"' NY
ST. Ir s> in excess OF any sum ul"'
would p' ht'ts-,''
'enismns 'nal l""" J." 80
secretary si,'ulu az ",' ",i',
.rt.r, is therefore no rea-
r..1t the ahnitv OF the govern
....ntrro an It's current Obica-
... tbe pr,scnt fiscal wear. and
f.,-a cash balance AT its close,
.-.rosinc additional taxation i'm
,,.,r Che uc0plt. but ] adhere
.-t,r heretofore expressed that
...r- 10 the Treasury ought al
..... authority 20 issue and sell.
..,.-,...,t ~ .,,,ensos short
' ..,i,,,- "a low ratio Of i'm
.I,.' ..,.,,ai 1-fcioncios ina the
-
lItNoAl NtDi-So-AI' l.
...,.+t.u 90 saws the Secretary.
..,.. r...,,,,c ,,,. LEGISLATION
-t....,..i ,,,..',,,, IA. tsva-
- s. -, ,o,,,,iro
''. . d. ,,,,.r,,ristiors
,.....,... ,ir,c ,,bep
'Ni ., ,,,..,,.., -
i.' i'-- -..-..,,t g.. f,r,,.od
49, d. rioeoet
ID tt"-.'.1 ,.,,l..t,.
lA 'N'" v"S''.'s "'' ,.-'..tl,,-
4" o,,, ~ i'' - YEA ,,,i,,s-
.-"'''" 80 49, CO 80
is l.5i. ''.,''' '.' ,'' ,,..','a,,i
49,. e,',.ro,~,'tio,, and
..5neo, Of the revenues"
.r Carlisle refers 90 the raids on the
reserve and The bond issues explains
icy requiring the latter ana con-
l.- as follows.
.e is but one safe ana euectual way
.tect our treasury athhsl 'iese "e
chose upon me soiu reserve anu
isl to retire ana cancel tht notes
constitute the onlF means through
the Withdrawals can "a maze.
lJ partial ana temp fary iemealea my
suggested ana uistl win more OF less
0ihty, but this - the only one mat
H certainly remove the real cause OF
troubles and give assurance oil per-
gcut protection against ihef letlr-
OBJ the future.
This can be most successfully and eco
Ally accomplished by authorizing
secretary Cf the treasury 10 issue
time 90 time bonds payable I'm gold,
-nr Interest az rate not eAcee'lhs
ter centum per ahliun anu ha'lhs d
r- time 90 rum and TO exchange the
.nds Tor United states notes ana Irea-
-.ry notes upon such terms as may De
most advantageous 10 the government OF
% sell them abroad LOT soid "heheNe', IN
10 JL'-llle, !, ~ iS i1 .,e,'t,'e,
'ne so.I 'l.-1 80 49, 49,,
GUY 'ii',''N7 49, t-,,.a.',',, -
0l 49, " i'i''',' d, ,,,,',l,.e, IN
10 '"'. 1o-i- az. ~ IN u. =,
90 s.V ''. i''. -, r. ~
- -, no. t,si,,,r gS,r,,lied
.l. - - ,,,s,,o,,is5 srd
A"i lArN'' N'tA~ 'N fN.tt 80 f+''''