New-York tribune., 1896-01-02
WORKING TIE OLD TRICK.
VAIN EFFORT TO HIDE THE GROWING
REVENUE DEFICIT.
SECRETARY cARLIsI.ES MISLEADING STATEMENTS
DECEMBER EXPENSES CARRIED OVER

INTO JANUARY
by TELEGRAPH To THE TRIBUNE.

lBY TELEGRAPH THE TRiBUNEl
Washington, Jan. 1.-The Treasury statement
issued yesterday shows that the secretary SUN
adncros to his policy Of forcing a favorable oai-
ance at the end OF each month. despite the lac"
which ne knows. as everybody else KNOWS 'n~'
the shallow trick long ago ceased to deceive any
hodv Within week it Will again be exposed
b, the Treasury statements themselves and the
deficit will continue steadily to grow Digger
This month and February will undoubtedly
show heavier balances or the wrong side OF ths
ledger than any other two months since the exists
ing revenue law became operative In con-
rnenting On the December Treasury statement
which shows apparent balance amounting !"
about 100000 of receipts over expenditures iol
that month and deficit Of less than sl5.5oo,ooo
for the first half Of the current fiscal year Cnar-
man Dine,ev of the WAYS and Means COmnlttee'
remarked that no one should be led To lnler lroih
this that revenue has now reached the eApeh1i-
ture point. The deficiency for December Oh tne
93d of the month Was reported to be over
81 500 900 and nearly slS.5ooOOo Tor the hscas
year The revenue in the last eignt GAYS ut
December was only sj.1222s6 and the amount
PAID out on account OF expenditures OF 'he -. uo.
ernment was only s2.56l.332. while the aVerase
daily expenditures ol the tIoNerh"s.nnoo ~ 400 90
81 900 900 a day. including sundays. or So'oVv;ow
for tho last eight DAYS If December. In Otner
words S. 500 900 Of the G. st of running tne uoV-
ernment the last eight days OF December was
Decerber and will come INTO the January state
n,ent The real situation Is made clear wnen l. -
considered that the actual cost Of running tne
Government for December was about s3ooooooo
and that the receipts we're s26 2SS93l; denclency
over s3 500 000 instead Of surplus or hail Hii'
ion as shown by the statement
According 10 Secretary Carls!es own estimate
I'm the report which he sen. 20 Congress TWO weeks
AGO the total expenditures for the year. exclusive
OF the cost Of the postal service. Will amount 70
1862 600 900 or at the rate OF nearly SOoooV uay
and the actual expenditures for the irst lS4 ia!
of the year amounted TO SlS2,S9o.t'b. or al thc
ra ts of 1894 a day His estimate or total reEe-
nue. for the year. not including postai re.enucSs
Amounted Il s3iJ 600 The receipts for the nrse
six months of the veal not including postal reVe-
nues amounted 10 SIG, 56S 053 or at the rate OK
s935 600 600 a wear $40 900 less than the esti-
mato II the ratio of receipts to expenditures ~
maintained until the end Of the fiscal year on the
basis of the first six months, the dehcit Will
amount to about $50. 100000.
But while there may be some increase or reve-
nue the increase OF expenditures Will prooaoly
he considerably greater. For example. the pay
ments of interest on the public debt in the hrsc
two months of the last half Of the current isca!
wear will amount 70 S7.410. .000 and SS.OOo0oo VIII
be required to pay the principal OF Pacinc KALI
road bonds maturing Janu.ry ana feoruary l.
NEW POSTOFFlCE STATION FOR NEW-fohh'
Washington Jan l.-Postmsster-General wilson
Yesterday issued an order establishing on January
* 1896 q sub-stat.on OF the posoftice al New
Vail w. Ci,v for general postal business II will be
Known as sub-staton No. a. and located at No.
1-r.r "a