Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1897-12-11
SSH CONGRESS-.
Continued from page ~


H ceeded Dingley. was practical one which
Congress had to face. The statement q
/ the secretary of the treasury, he said,
/ had caused much misrepresentation owing
/ to the fact that under new provision
i of law he had been obliged to include es-
! Inmates of expenditures s7S.C0O.0 600 for pub
| lie works which neither he nor the secre..
| tary of war nor any other well-informed
Iperson believed would be expended.
4 Counting this the estimated deficit. he
| said will be $21 100000.
| He said he violated no confidence when
| he said that the secretary of the treasury
and the President were confident that the
| receipts next year would exceed the ex-
| penditures
Dingley said he took 1t for granted that
Congress- would exercise reasonable econ
| omy 1t was not expected that the ex-
penditures for the public works next year
| would exceed $S0.0O000O.
Continuing. Dingley pointed out the
| fact that the actual cost of the adrninis-
tration of the government the ordinary
expenses per capita, had remained ABOUT
stationary for many years. The cost was
about $3.50 per capita. AT the present
! time the expenditures were signify In ex-
cess of IS. but 81 per capita went for pen
| sions and about so cents for interest ON
| the public debt.
The estimate of the ways and means
committee had been that the tarin law,
| with other receipts. would bring IN an
| income of ST. 12Ia per capita. and Dingley
| declared that when the expenditures are
| brought within that limit there will be
no deficit. The estimated deficit for the
present year, not counting the money ob-
tanned and to be obtained from the IA
cifc Railroad. was $2S,000.000.
The anticipatory importations had.
Dingley argued placed in the treasury
before July l, $3S. 0O0.000. These lmporta-
tions had reduced the deficit last year
noon nn Ipnls g. MN n n
the importations were for consumption
this year Dingley contended that in
equity that sum should properly be
charged to the receipts OF the current
year. If they were SO charged. instead or
a deficit there would be surplus this
year of s10.0c0. 0C0.
Dingley figured out surplus of exact
ly that amount Csl0.0 .0OO) for the coming
fiscal year. He described the steady
manner in which the revenues had been
increasing at the rate of s., 100000 or S.
0OO, 900 a month. Although December was
generally a bad month for importations,
he said that if the increase for the first
nine days of this month We're continued.
the receipts this month would increase
from s25. 100000 in November to 900
in December.
When he confidently predicted that the
effect of the anticipatory revenues would
all be overcome during this fiscal year,
and that after May or June. 1873, the rev.
enues would exceed the expenditures, the
Republican side broke into repeated
cheers.
When pressed by Richardson. DEM.
Tenn for an opinion as to the time when
the full effect of the new schedules would
be manifest. Dingley replied that the date
must necessarily be problematicai. but
for practical purposes looking to ,ne
period when the revenues would be ample.
he unhesitatingly fixed the end of this
fiscal year.
Bailey. Dem. Texas. asked Dingley If
the treasury was not concealing Il def
cheney by counting the receipts from the
sale Of the Union Pacific as miscellaneous
receipts.
Dingley re: ponded that the only proper
place for the consideration of the item
was in miscellaneous receipts and he had
excluded AL consideration of the Pacific
Road receipts in his statement.
Surely" said Bailey. you do not
credit your tariff bill with the receipts
of the sale of the Union Pacific road
Dngley discaimed any such purpose.
Then Mcmillan took a hand in asking
questions
IF revenues will soon meet expendi-
tures.' he asked. why do you not use
some of the surplus to extinguish the
public debt?"
oh INTERCEPTED Cannon lightly, amid
laughter. I'VE will get around in time to
stop the results of Democratic extrava-
gance.
Allen. Dem. Miss. concluded the gen
eral debate with a humorous speech.
During the five minutes debate. Lin
neE. Rep. n. c.. made an argument in
favor of overthrowing the civil service
law. which set the galleries in a roar. He
believed that the spoils belonged to the
victOrs. 1t was the only way to succeed.
He flourished aloft picture from comic
paper representing New York over-run by
Tammany tigers. He had never heard
anything particularly good of Tammany.
except that it was vouched for by Amos
=, "a had nray.ilpI
against all the forces of good govern
nlent. 1t was invincible. omnpotent.
Why? Because it respected friends. Look
at this picture he shouted. 1.-The tigers
surrounded by myriads of little tigers.
How would the tiger look surrounded by
monkeys and mice?'
He eulogized the stalwarts of the party
who had stuck to their friends.
All amendments offered. including those
announced by Allen. yesterday. We're
voted down or ruled out on points of or
der. The bill was then reported to the
House and passed.
foreign affairs. asked unanimous con-
sent for the passage of the bill reported
by his committee to prohibit the killing
of fur seals He explained the necessity
for the immediate passage of the act.
owing to the diplomatic negotiations now
pending.
1.-The passage of this law would pro-
hibit pelagic sealing by our citizens in
tcrposed Hopkins. Rop.. Ill. rs there
any assurance. if it should he passed
that the citizens of Great Britain and
Canada, will be similarly restricted"
Hit replied that there was not. but if
we were sincere in our contention we
should pass this law.
Johnson. Rep. Neb.. said he wanted
time to oppose the bill. He said that I'M
der present conditions it was as impOssi-
BILE to preserve the seal herds as it had
been to preserve the buffalo herds. OBJ
lection was made by Loud. Rep, Cal.
and then at 40 p. NJ. the House adj
journed until Monday.
SEC. CAGES FINANCIAL VIEWS