Evening star., 1897-03-15
Some Comparisons.

should be corrected
Some COmpa rfsons.
We find by the report of the Secret.r,, Of
the Treasury that the revenues for The
hscat year ending June 80. 1892 from all
sources We're s425, SIS, 2Go22. and the ex-
penditures for all purposes were Sl15.o53- =
So".o6, leaving an excess of receipts over
expenditures of $99i4 1896 During that
fiscal year s4o,570. i67 9s were paid ,,rop tho
public debt, which had been reduced. since
March ], 1889, s259016, $50, and the annual
interest charge decreased s11.6s4 1890
The receipts of the government from all
sources during the fiscal year ending June
80, 1893, amounted to s4G1, 7I6, ,56l 81, and its
expenditures to sio9,374,ss7.63, showing an
excess OF receipts over expenditures of
$2,341 ,67429
Since that time the receipts Of no fiscal
year, and with but few exceptions of no
month of any fiscal year, have exceeded
the expenditures.
1he receipts of the government from all
sources during the fiscal year ending June
30, 1894. were s372, ,SO2 1875 %. and its ex-
penditures s4i2,G0o, 1887, leaving a deIic;f
the first since the resumption of snecip nav
ments, of $50, SOB 2605S Notwithstanding
there was a decrease of SIG, 169 lbs. IS in the
ordinary expenses of the government. as
compared with the previous fiscal wear its
income was still not sufficient to provide for
It's daily necessities, and the gold reserve
in the treasury, for the reiemptio, of
greenbacks, was drawn upon to meet then,
But this cid not suffice, and the govern
ment then resorted to loans to replensb
the reserve.
In February, 1894, s5O,OOO.0O0 in bonds
were issued, and in November following a
second issue of s5O,OO0,OOO was deemed
necessary. The sum of s117.171 ,795 was
realized by the sale OF these bonds, but the
reserve was steadily decreased until on
FEBRUARY s. 1885, third sale of $G2,315 400
in bonds for s65, 1924 was announced to
Congress.
The receipts of the government for the
fiscal year ending June 30 1895, were $3.50
13,203.30, and the expenditures s43S. 17S-
426.4S, showing a deficit of $42 SO5. Dig. 1S
A further loan of s1OO, 100000 was nego-
tiated by the government in February
1896, the sale netting Sill, 1876 246, and swell
ing the aggregate of bonds issued within
three years to s262 2,315, 400.
For the fiscal year ending June 80 1896
the revenues of the government from all
sources amounted to $4O9, ,475, 4OS.7S, while
it's expenditures were $43467s, 654. .4s, or an
excess of expenditures over receipts of
$25, ,203, 10. In other words, the total re-
eeipts for the three fiscal years ending
June 30. 1896. were insufficient by sl37, ,S11,-
129. .46 to meet the total expenditures.
The Present Fiscal Year.
For the first half of the present fiscal
year the receipts of the government, ex-
elusive of postal revenues, were $157 ,5O7,-
6O3. .76 and its expenditures, exclusive of
postal service, $195. .410. .OO0.22, or an excess
of expenditures over receipts of $37 ,9O2,-
S96. .46.
In January OF this year the receipts, ex-
elusive of postal revenues were. So. .316.-
994.O5, and the expenditures, exclusive of
postal service. ssO.2s9. $3.50 %. a deficit of
s., ,952. .395.A for the month. In February of
this year the receipts: exclusive of postal