Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1897-03-18
N'KIyLEY'S MESSAGE
The President Directs the Attention
of Congress to the Treasury.
PASSAGE OF A TARIFF Law URGED.
Mr.. Mckinley Wants sufhclent Revenue
Provided to Faithfully Administer the
Government without Contracting
Debt or Disturbing Finances.
WASHINGTON, March 16.-The presi-
dent yesterday sent the following mes

WASHINGTON, March 16.-The presi-
dent yesterday sent the following mes
sage to congress:
To the Congress Of the United States:
Regretting the necessity which has required
me to call you together | feel that your assem-
bling in extraordinary session Is Indispensable
because OF the condition In which we find the
revenues Of the government 1t Is conceded
that Its current expenditures are greater than
It's receipts and that such condition has ex-
listed for now more three years.
With unlimited means at our command We
are presenting the remarkable spectacle Of In
creasng our public debt by borrowing money
to meet the ordinary OUTLAWS incident upon even
an economical and prudent administration Of
the government An examination Of the sub
ject discoses this fact In every detail and leads
inevitably to the conclusion that the condition
Of the revenue which allows II Is unjustiAsble
and should be corrected
We find by the reports Of the secretary Of the
treasury that the revenues for the fiscal year
ended June 30, 1892. from all sources were s425.-
86S 26O22 and expenditures for oil sources were
s4l5 Q53 8O8b6 leaving on excess Of receipts over
expenditures OF 80, 9l4. 1895. During that fiscal
wh,ch nod hoen reduced since March 1880
soso o,s sao ana ,ho annual interest charge do.
creased I'll, 6S457860
The receipts OF the government from all
sources during the fiscal year ending June So
1893 amounted to S461 SOL "a and its expendi-
lures to Aj0314, 1885, showing on excess Of re-
ceipts over expenditures Of ss,S4l6 74.29 Since
WITH bmt ,eyy excentions ~ M month a. anv
sssa, war bava eyceeded the eynenditnres
The r recsints NJ tho government from al,
.o',naos d,,r,n, tho esonI ro.r ondod Irro On
,ooa wsro sa-s so ios "a and lie aynenditures
aa,o sos r,s o. leaving a doecit tho arst since
~" ,os,,,~,,,,or -, anso,a nnvrorts ~ sso sIa
es %e 70 V' Mntm;.hstondins thora woS decreoso
:, "a -so 100 70 w. .ha nrS,narr ovnarseS n, the
,,asorn,~nn, a. ao,nnorad With tho nrav,ous
az, ,,s o,np os s,,i, No, s,,rscjor, ~
so,Sa o.. Tvs All, uooass,t,as ma mo sold w.
r.,,a u ~ .raas,,r,, ,or 10 .aaa,nr,,or y,
babe ,,,oa A.. M. ~ ~ ,r.at tho,r pvt
~ ~ ~. IVA ,ho srt ,hsr 10.
Wis ". :. ~. ~ rasa.,s ~ Mn
,so. AZ ocC M 4, honds ,uaso ,ss,,.d ana n
.. ss,,o'',, 1000 isa,,a :, ~ m M
was deemed necessary. Tho sum OF sll7,lH, TO
was realized by the sale OF these bonds, but the
reserve was steadily decreased until on Feb
ruary g. 1904 0 third sale Of sR,SlS, 400 In bonds,
for @6, ll6eA was announced to congress. The
receipts Of the government for the fiscal year
ending June 80, 1895, were sSe0, SS, @aS, and
the expenditures S4SS, III, 4964S, showing Q de-
felt Of a., S6,2!Sl&
A further loan OF O,OOO0OO was negotiated
by the government In February, 1895, the sale
netting elll. l66, 246 and swelling the aggregate
Of bonds issued within three years to &o2 Slt,-
4N
For the fiscal year ended June 30, 1870, the
revenues Of the government from all sources
amounted to AO0.475, 4OS7s, while It's expendi-
lures were s43i, 67S, 6A.4S, or an excess OF ex-
penditures over receipts Of vi, @S,shN In
other words, the total receipts for the three
fiscal years ended June 30, 1898 were insufficient
by Sl7,8ll no. 46 to meet the total expenditures
Nor has this condition since improved. From
the first half Of the present fiscal year, the re-
| ceipts Of the government, exclusive Of postal
revenues were 1857 507, 70, and Its expendi-
lures exclusive Of postal service Sl95,2lOO O02
or an excess Of expenditures over receipts Of
$s7. 902, 1906 ~ In January Of this year the re-
ceipts exclusive OF postal revenues were ga
JlO,W1VO unQ unb expenditures eNCluSlNt VI