The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1896-09-05
TO HEAD OFF LIES,
The Treasury Issues a
Statement Of Debt and
Revenue Fluctu-
ations.
TARIFF SYSTEMS C0NTRASTED
Results, Considering the Times,
Highly Favorable to the
Wilson Law.
AVERAGE EXPORTS IN EXCESS
Republicans Very Confident
Bragg in Good Humor-Bryan
Moving Again.
AVERAGE EXPORTS IN EXCESS

Moving Again.
WASHINGTON, Sept. 5, 1Ss6.-With
view to correcting erroneous statements
and also to furnish material for cam
paign use, the Treasury Department to-
day issued the following official memoir
andum of Treasury deficits and receipts
and of the public debt paid by the two
last administrations, which statement is
also accompanied by a comparison of the
customs receipts under the Mckinley and
Wilson laws. 1t was as follows:-During
the fiscal year 1883, ended June 80, 1888,
the revenue of the Government were
slll,S41,27s in excess of its expenditures.
During the following fiscal year 1889
the revenues were ss7. .761, $50 in excess of
the expenditures.
During the fiscal year 1890 the revenues
were sS5,o4O,271 in excess of the expendi-
lures
The so-called Mckinley Tariff act took
effect on the first day of October. 1890
and during the fiscal year 1891, ended
June 30, 1891, the revenues were s26,S3 ,541
in excess of the expeditures
During the fiscal year 1882 the revenues
were sssl4,45S IN excess of the expendi-
tures
During the fiscal year 1888 the revenues
were 81, 81, Ga in excess of the expendi-
During the fiscal year 1894 the expendi-
lures exceeded the revenues to the
the fact that the expenditures of the gov
eminent were Sl6I526I6 less than in the
preceding year. The Mckinley bill was
in force during the whole of the fiscal
year 1894
The so-called Wilson Tariff Act took
effect on the 18th day Of August, 1924.
were s42. .S03 223. Is less than the expendi-
lures, and during the fiscal year 1886 the
revenues were sz5, ,2o3, ,245.7o less than the
RBcETPrs FROM CUSTOMS AND
TOTAL RECEIPTS FROM ALL
SOURCES UNDER THE
M'KINLEY ACT.
10 months ending September 30, 1891,
customs, s1ss.s9a 1916 all sources, ssT,
Is months ending September 50, 1892,
GU customs SIS, ,sss, $50 10; all sources, 1854.
Il months ending September 80, 1898. Gus
toms. $ls9, s05.46: all sources, $565, ,5s4,-
i months ending August 81, 1894 Gus
ton toms Sll2,59o. sss n; ali sources, $780,, ,07s,-
TOTAL RECEIPTS From ALL Il
SOURCES UNDER WILSON
ACT
022 49,
p months ending August 81. 1896 Gus
tens tens sl542ls,slss4; all sources, sa21, 1885,
CONDITION OF THE TREAsTf9y
MARCH. J, 1899 AND MARCH j. 1855
On the first day of March. 1889. the be-
trat.on, The available funds in the Treas
ury, exclusive Of the s100, ,00G,000 gold re-
serve, we're ss follows
Agency account -. s6l 5e2 Az 02
Net balance in treasury !. !. l65,Szs'4fl 10
o6 ai the FIRST day of March iSss sSso sas ass sSl2 l
ginning of the present administration. the
available funds in the treasury, exclu-
sive Of the s1o0,0OBi009 gold reserve. were
Agency account ssS 3e5. .s32. 80
Net balance in treasury 24os4,742 %
In addition to the ordinary revenues
received during Pres dent Harrisons ad-
mn mIiniSStration, S, there was converted into
held in trust. under the law as fund for
the redemption of National bank notes
This proceeding was authorized by the
the Sherman act
PUBLIC DEBT PAID BY TWO ADMIN
ISTRATIONS
From the first day of March 1895 the
beginning of Mr.. C1eveland's first admin
istration, to March l. 1883 the public debt
was 1 reduced sS4l, AS. .44s. q; and from March
duetion of the debf was s2s6. 81 'ess. 10.
The amount of free gold in the Treasury
on the 7th day of March 1888, when the
present Secretary took charge of the de-
rartment. was sIGn 9s2. 410.
VALUES OF IMPoRTs AND EXPORTS
OF MERCHANDISE UNDER THE
MKINLEY TARIFF ACT.
October ! lSsA 10 September 30. 1891,
imports ncsrss, sS247s s2 esp5rts 1923 ol5
imports ss87 2s07s8 expores sggs S9s 7ssz
imports. $3.50, 80 s1s: exports. s87s. .as2 4s4.
pops5 1es'psr ssos s lsss sSs To- august 3 sa4 i'm
VALUES OF IMPORTS AND F,XP0RT1s sSSsIs1i
OF MERcHANDIsE UNDER THE he .
WILSON TARIFF ACT.
September l. 1894, to sAug,lsf a 1907 -.
ports 55s.loS. .4le; exports ss0s $40 60, ~
RSSts ETcFss sa F go szs peyp peTppsts sss7 sS ss
Disc ALONE, AND OF MERGHflaasSAS.ls An
Disc ANR MP, Il sELVEg, T b. UNDER
October. 1880 to septen,ber g0 tSo,
chanl.sc aN.sss5.l7n merchandise and sfl-
yer, sl03,527 .2l9; October i, 1851 to Sant.',r ~,
c.sandse and lvei s75 10 7e7. oetr,,,er s,sl-
sss2 s,s 70, to seiatesaisfT a9 1888. nerchandise
~ ~. ~ IS. ile seseaaof and silver. sss
72el naerclla;a s1sesto ia. naagqss raasess a.s
and silver. s22, s27 T9s ~
EXGEss KEGS OF ExPeRTs OF MMRcHAN-
Disc AND SILVER I-NDER s5fs 4 Tiff. sii15>
WILSON ACT
September l. 1891 10 A;1y,,s+ ?, 1eas
npewchandise, sf7.ssi .e34: rlerchaildise and
silveT; sss. s6e53S; ssp+ember sa5. to july
a. 1876 merchandise. $50 42f $50: raer
ri,and Sc and silver s1se 2sf sag
ANNI-AL AVERAGE EXCESS OF TX
P3RFS OF MERCIIANDTe,F; Al ONE
tr5er Mckinley AZ. n 1890 sf2s l59 47o
lznller Wilson act of 1891. sas es1 fo7
ANNUAL AVERAGE EXCESS OF Ex
PORTS OF MERCHANDISE
AND SILVER
Under Mckinley act Of 1880. si42 III. az
Under Wilson act of 1894 s1isll1,lsg