The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-11-21
CUSTOMS REVENUE SWELLING.
Tho DIuEIey Tariff BeEinninE to Roll Up .
Treasury SuFplus.

United States Appraiser Wilbur +. Wakeman
declares that the dead Inc" In tarin matters
has been passed. or will have boon paused.
within a month. and that from then on the
revenue OF tho Government under the Dingley
bill will constantly increase to tho point where
the expenditures are exceeded. and there will
be q surplus instead of a deficit in the Govern
ment account. Tho "dead line" az Mr.. Wake
man calls It, 10 the normal revenue raised
under tho Wilson bill. which preceded the Ding.
Icy bill, and which kept the Government con.
tinually In hot water and increasingly In debt.
when the Wilson bill was passed" said Mr..
wakeman yesterday to H Sun reporter. "the
Government revenue for the first few months
was tremendous. The reason for that was that
the importers had been holding their goods on
the other side until the bill was passed in order
to get the benefit of the reduced revenue. All
manner of imports were 80 held back, and when
the bill was passed the warehouses here were
virtually empty and there was o scarcity In
everything. But the moment tho Wilson bill
was o law the Imports began to como In. the
scarcity was quickly made up and q great sur
plus accumulated. But after this first rush the
Wilson bill supplied q constantly decreasing
revenue until the Dingley bill was introduced.
Then the importers took exactly tho opposite
course to the one they took when the Wilson
bill was under consideration.
1.-THE Dingley bill increased the duties on Inn
ports and the importers hustled their goods into
the country In order to get them In under the
old law. This made the final months Of tho
Wilson law great revenue months. When the
Dingley law was passed every warehouse was
TANNED with imports. evory importer had
stocked his store with goods to the limit of his
financial ability. There being q tremendous
oversupply Of everything. the imports under the
Dlngley law have been OF course away below tho
normal. But now the o%versupply has been
taken by the consumers. The warehouses that
were pack cd with goods are fast being emptied.
the tremendous stores Of imports arc disappear
ing, and importing under the Dingley law has
begun at o rate that insures Its success as q rev.
enue producer sufficient to do way with Q de-
hcit In the Government accounts.
"For instance, a month or so ago. and since
e eeS odan q IL = HpprsissS. Store. sveIasSd Zoo },
a week. This week the invoices received here
Sa U1Siss. sSn. m SGS ssi Chat e sSss ds s.s li sip Sss
been passed. Where the Wilson bill gave . oon-
stantiy decreasing revenue the Dtneiey blu is
, Next month and January will show. surprising
increases in the importations, and hence in tho
Tsfsanf the S' binsley bill ss same . Ia law 'fRs Sl.itsd
some Of the warehouses OF the American Sugar
E seels e t SsS sspiiiH9. T WIZ . sSSaE Pao Essr from a1 shc
able inch OF space had been utilized
In under the cheaper duty. There has been
practically no sugar imported since the Diugley
been used and Importation must begin, next
month will sec the resumption Of sugar fmpor-
tAtiOn, Wool will come after that. but not I'm.
mediately, for there was q tremendous supply
Of wool In the country when the bill became Z
law. That supply has not YET bsen consumed.
| viii witness the resumption of wool imports,
1 "These two Items alone mean great increases
I'm Inc revenue. and sufficient revenue VIII ~
raised within . very short time I'd stop the de.
dole In the Treasury. The figures showing The
Increase 10 the INVOICES which ] gave yea prove
| thIS oOnouSiVsly."