New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-05-08

IN. official statement ~ revenue In April ana
a statement I'm THE Journal Of Commerce "p'
,,r,p,,v by official favor showing the imports
-, .r,,r aud duties thereon make II posslbl" 10
,udr. u,,l,c closely how the Government Is far!hG
u,,h a. r.,v revenue law The heavy deficit OF
Ss.7lesio In April vs. in part III" direct result
nrclf,t,l before tn I'LL WAS passed. Of It's wan
Tan and corrupt gifts 10 the Sugar ana WhiSkry
r,n,s The disappointment II Treasury officials
s,.rincs mainly from the fact that the effects OF
hos. corripr gifts have not yet passed. rs was
fondlv .xpcr,ed When March closed. with reve-
me of s. 10000 from sugar imported ana some
increase in the tax on whiskcy. II was joyfuily
inferred that the end II the s,upcndous waste OF
publl. revenue had been reached at last. that the
SMEAR inunricd free and the whlskcy taken out "i
hand nrior to the enactment Of the law had ut
last been exhausted, and that the revenue Tor
rho remaining three months Of the fiscal year
would correspond with the calculations maze
while the law was pending. Th's" II should be
remembered rs stated by Secretary carlisle III
h,s letter to Senator Harris last August. ON
hraccd receipts Of Si3,41s,055 from duties on
sugar sl35.77o.lS7 from other duic, IN imports.
aud Sg5OOO.DO from the tax on whish'y
Hut cNpcctatonS are again disappointed III
AMI
March only S2425.oOO for. us The Tribune
showed month ago. the consumption IS not UP
:, cxpccta,ions nor was 1t reasonable TO expect
rs large imporiaionS II sugar III April rs III
March The quantity imported was lN.Goo.oS
hounds less and the revenue about Sl-'"" less
IL. FREQ imporrs from Hawaii being considerably
smaller In value In April 1884. the value WAS
sI,ou 3y7. and in April. 1888. it was Sl2.1l3,-
Sf - Mos
the total receipts from sugar duties in eight
months under the new law about Sli.'"'o",
leaving $4,000 Of the Treasury estimate for
,hc fiscal year 10 be made up in May and June
I'm, In those months the probable receipts will he
less than SJ,OOO,OOO. so that the receipts Tor the
year will be about SoGOOO0W less than the 'sti-
mate
Deductlng sugar duties. the remaining customs
receipts In April were about $loOD.OOo. against
siol7GG9I IN 1891 and SIJ,I1s.'1IS in 1893. This
makes the total customs receipts in eight months
under the new law SI2OoOO exclusive or
sugar whereas IN the eight months following the
manic OF August 1893. receipts under the old law
wcrc $50 300 900, and in the same eight months
OF 1892 90 the receipts were Sl3,.3W,OOO. While
the IMPROVEMENT In business and the heavy I'M
portatons Of drygoods AT lower duties have add
n1 $40 600 OOO 10 the revenue In eight months i'm
mcdIatclv following the panic. II appears that
Sal OoO 900 has been cut of from the revenue
under the old law In the eight months 1S.2-93,
which alone nearly accounts for the deficiency
Of revenue during the fiscal year
But the expected receipts from the increased
fax on whiskcy are also delayed. Internal rcve-
me in April was Sl0,G4S,Ssl. against $ll ,3S'.-
IA last year. and Is 100000 or more smaller
than I'm the same month Of any previous year
since ,hc Mckinley law was enacted. The total
internal receipts In eight months under the new
,o,y have been S1OO,0W. whereas after the
large receipts In July and August OF last year
Sll2. 900 more was expected from internal
toxcs during the fiscal year. exclusive OF the In
cono fax according 10 Mr.. Carsle's estimate.
This would leave S43OOOOOO to be made up In
,bc two months May and June, and the receipts
oro II,keIv 10 be only about half that sum. There
Inns h.on not only the heavy loss In whiskcy
through the reckless and corrupt gift to the
Trust Int n loss OF about $S,OOO,0OO In taxes OH
toh.cco and about 81, 100000 in taxes on beer
These data make It as clear as possible that the
new law IS by no means answering The expecm-
tons Of its trainers. Presumably secretary Cnr-
lislc when opposing the repc'l OF the ou'y Oil
sugar, as he had favored the Increase i'll tue 'aA
on whiskcy, was inclined to minimize rs iar as
| possible the loss Of the Government through the
favors granted to the two great trusts. But ire
loss Of Government not only appears much great
or than he expected from these two sources put
is much greater than his anticipation IN other re-
spects Although the duties on drygoous nave
yielded a heavy revenue since the ISL Vi '"nu'
ary the aggregate derived from duties on imports
other than sugar fall much below expectations,
ana the Improvement In business has not Jet