The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1897-10-02

4 - tnuepeRuefts ;"
questions
The uefcit and IT'S A~polegissss
The humorous little gentleman from
Red Dog, Iowa and Fargo, North Dakota
who eliminates the state Gazette'ss cd
ytorlal columns has one of his funny
scraeas /, today headed "A Decreasing
Deficit" We nave noticed that whenever
one of the New York Republican papers
fndulres in a BLUM on a question Of party
politics. the state Gazette" Invariably
emlts d feeble squawk 4 day or TWO
after embodying the same reasoning
in the choice language of the West. Inc
present EFFORT Of Iowa genius comes villa
remarkable regularity just two days aiter
tba .~.rribune,s, notable article, upon
which we have already commented IN
the.e o,uuns TIL only trouble about
tha rnwa system Of original thought n
composition is that sometimes history mas
lime 10 make a fool of the argument De-
,or4 II reaches the public eye, and the
po5r little Estate Gazette" "thinker" IS
the victim of his accident on the present
oceasion. while he was Offering the "Tri-
bune. bluff through the cavities OF mas
mind and stralning out of It the max
,n8xs Of an Iowa editorial, the treasury
returns for September became puoic
property and the obstinate and migrate
full ta5iff got in its inst lick" at building
upl.k October deficit.
H&rhaps the b~ack-number character OF
"statesaasette's' article eanno De
better shown thar by quoting the open
insp afagraphi-
The Wilson law took effect August e,
1sel The ftotaI receipts of the Gosssh-
nsat IS ssr ~ 9 sset Fer Ser septs sasSna the sec.
g cnp viii reach about Ho,6oo,0 oo, as they
were $751; 0o.e 600 for the first tWenty-ohe
days.
n the sstate Gazette had made n
effort to keep up with the times. it would
have known that the receipts for septem-
Der were SCI, sss, ess, but that notwithstand-
snr that fact the month Melted a de-
nc~fency.of 4, 81, III, which is not very far
from double the deficiency of September
last year, -roasd up in the depth OF the
Bryanite gloom.
If fhs "state Gazette" possessed or
binary commsn sense. It would know that
no comparison could 1ropsrly be institute
ed between the September returns OF one
year and the October returns Of another
even though both happened to be second
months'' in the operation of a tarin. a
glance at the statistical tables would
show even the gentleman from Red Dog
that October IL normally a low month
a~ndeseptember a high one in revenue re-
oeiptss
But. In truth, speculations like that of
the estate Gazette are idle and imperti-
uent when the official figures are avail
able These were issued by the Treasury
Department yesterday, and were printed
In ali the afternoon newspapers. These
show that as compared with September
1sss, there il a loss of s2.s51,146 in the
amount Of the revenues THIS year, and a
decrease. Of $780, 20 in the expenditures
The receipts for September, 1897, are
Customs; 81, s4s, 100; internal revenue, sl2,-
7o1, ss5: miscellaneous, sl,2Ss,oz2. As COM
pared with September, 1886, this is a loss
Of about 50. 10000 from customs and a gain
Of about $1.ooo,ooo from internal sources.
These are the figures for the Estate
dasette' to chew over. and especially thu
enc which shows q loss of ss,4oo,oo II
customs receipts.
In another part of its argument. thu
e0Azette" says
The deficit for the fiscal year was szs.
ri. ~ on September 8. On the list, $zS.'
2zS.Si0. and On the large temporary los;
the receipts already about equal expendi
lures.
we do not know just what this means
or whether 1t means anything. But WI
do Know that the deficit for the year a
- 49,
the tIdsr Of the month was 2s,015.s S4
which is. certainly not a decrease, unles'
the laws Of simple subtraction have gon'
astray.
There Is another disheartening aspect T
M situation. This is the heavy impor
Of roid present and promised. It show
that. foreign countries despair of paying
US for our grain IN commodities. Thi
means.y of course, less and less revenu
for the Government and higher and highe
nrirss ii consumers of all sorts of pro
tected goods. May it not in some degret
also. account for the drop in the price 9
railroad securities. far sighted people real
tzine that earnings nj not prove g
freatsas now expected when the prohtabl
trafac is ali moving one a and empt
cars have to be sent from the seaboar
fHE BUSINESS OUTLOOK.