The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-11-21
The REVENUE Law.
Some Interesting Facts Cleaned from
Recently Issued Statistics.
COST OF THE GOVERNMENT.
One Million Dollars a Day Needed to
Pay the Ordinary Expenses.
OF THIS, TARIFF PRODUCES 4 HALL.
An Average Has Been Struck from Figures
for Ten Years Back.
OF THIS, TARIFF PRODUCES 4 HALF.
A REVIEW OF THE NEW BANKRUPTCY ACT.
All Walks Of life Are Rcpresented
In the Petitions witch Have Bccn
Filed In the Courts.

washington. November 20.--The recent
discussions as to the revenue producing
qualities OF the present tariff law lends
especial interest 10 a series of tables Just
ISSUED BY the treasury bureau OF statistics.
showing tho receipts from various sources
by months during d long term or years An
examination of these figures shows that tho
customs receipts for ale treasury depart-
ment now amount to one- half OF the ordl-
nary expenditures OF the government
which is about the usual portion allotted
10 that branch OF the revenue producing
service The ordinary expenditures of tho
government, aside from those OF the post.
office department, which is practically self
sustaining, are usually calculated ut about
VI ,UO0,0oo per day, an average during tho
years 1894 to 1897 OF $3.50 800. 900 per ann,,m
ana ABOUT the same Rae "A 1875 onlttlug
tho Pacific railroad aud extraordinary war
expenditures. Tue general plans OF tnose
charged w.th the duty of providing tho
revenues for ne government have con-
templated the production of one half OF The
necessary expenditures OF the customs and
tho remaining half from International and
the remaining half from internal and
miscellaneous sources, or, In ether words,
half inillion dollars a day from customs
revenue and miscellaneous.
IL Is interesting therefore to examine On
detailed figures OF the receipts OF the gov
eminent during the time in which the
present customs law has operated under
normal conditions and to determine
whether 1t is supplying It's assigned pro-
aion, one half OF the normal expendi-
lures.
The daily statement OF the receipts ana
sMpendvsnres issued by shs treasury De-
pansment shows thet ON November Ii, taa
ole hundred and futaieth day OF ii, i i,r,,s.
eni fiscal year. the custom Receipts ha, Q
during these ffO days amounted TO s7S340,-
40. or this sim little over $1,000 900
was from the duty placed on tea by the
revenue act, so that fully S72 1000, 900 OF the
S7334O. 42e received in these li0 days are
the Legitimate normal revenmes from the
rates levied by THE customs laws enacted Ia
July, 1897. or a little more than the prom
ised rate OF half million dollars day
nom the customs under the act.
The receipts from customs during the
past ten years have averaged ST.. 1899 600 per
month This ten years term includes uha
opeivlt!ons of four tariff hlws, and 1t 10
therefore interesting 10 compare the OPP
ei'atlons Of the new law at its various
stages with the general average during the
last ten years term, which includes the
operation u four tariff acts,
As II was not expected that the new law
would in It's first few mo5ths operate nor
malfy in It's production Of customs revenue
owing TO the excessive inlpDrtatos Just
previous TO it's enactment, ii is not I'M
proper to show. first, the average receipts
during the first four months OF its opera
tion, including in the calendar year 1897
and also to consider separately the last
four months of It's operation, dating from
the beginning of the present fiscal year.
Receipts frofs customs, monthly average
ten years, 1ss9-9s. s151990oO. August 10
December. 1897, $9,2270 900 .Isnuary to
November L. 1898, $i5.O7l 900; July 1 to
November /. 1898, sl5,S33,0Oo.