The commonwealth. (Greenwood, Miss.) 1896-1923, 1898-11-11
NATIONS FINANCES.
p.port Of Hon. Willis q. Roberts,
United States Treasurer.
rss revenues and Expenditure for
me -Year-Cost Of the war with
spuin-GoId balance and
Public Debt

washington Nov. tine treasurer OF
~ TrDf,ed states, Hon. Willis II Roberts.
- submitted 10 the secretary Of the
~ssgry the annual report on the trans
soiions and condition Of the treasury for
m nast fiscal year. The net ordinary rev
-19es OF the government were 500, 32l. GSJ
~ Increase Of So. 5g7,6 see ever those OF the
arayious year, while the net ordinary ex-
Ffsoditures were 3i4S. 36s. $50, an increase Of
x7Rl428. The resulting deficiency OF $685.
N I'd exceeds that Of the preceding year
III Nq.ggi.7e3. In the receipts are included
ta75i 223 paid into the treasury on ac-
ooint Of the Union Pacific and Kansas Pa
cfdc railroads. Out Of them were paid N9,-
gz0 g52 OF the bonds issued for the consuuc
ian OF the Pacific railroads, which went
"a increase the expenditures.
war Expenditure.
Tin 10 the close Of the fiscal year the In
crease OF the expenditures on account OF
ne war with Sapin was E3,Oil, 732 for the
wsr department, and S24,2G2, 43s for the
raw department. For the four months
n July, August, September and Octchsr,
SOS the expenditures Of the war depart
mant were $l07, $40, 1858, being 8l6l5,l3 3
Greater than for the same months In 1881
Far the same months this year the navy
department expended S2I459.5Tl which was
r6Ul49g6 more than # spent 10 the like
1eriod IN 1857. Up to october 81 the war
with Spain added to the disbursements Of
these Two departments the sum OF Flt4'gS2
2g.
Than a Year Ago,
Tndependently Of the prospects Of rev
aHue or expenditure the treasurer regards
The treasury as having been stronger al
lie close than at the opening Of the fiscal
year, the Insignificant shrinkage in the
smoupt Of the assets having been more
than COMPENSATED for In the improvement
which took mace In this character. Against
a net loss of $1,5O0,O0 IN the total holdings
available for the fiscal operations OF the
government, there was a gain OF upward
of S2G.OO0,O00 in free gold, coupled with an.
increase Of nearly &23,000,0GO IN absolutely
secured deposits with banks, and these
changes were effected at no greater cost
than the loss OF SO much In silver and
treasury notes.
The total available assets were SS74,754,5Tt
on June 50, 1897, and tS99,606,756 a year
later. BY the addition Of the unavailable
assets carried by the department these
totals are swelled 10 S904,4il,576 ard $685.
212,gH respectively. On June 30, l5ss, the
treasurer's liability to the general treas
ury fund was $775,7 5i, 1858, with one Of $685.
4G5,160 sustained IN his capacity as the de-
|positOry OF public officers, and one or $2o'
sS54l3 for moneys PAID mo Ils HaGH9' =
not yet covered by warrant into the gea-
erai account.
In every year, during the period Of tAs
movement of the crops, there IS a demand
in the producing parts Of the country loI
small notes
The Circulation.
nv forstb65gbt and care during the past
asc3 80 ,gaar and Tia autumn following II an
a41a,s N storF ~ 1otes N different denom-
{-stj5gs We nrovided and the exchange
~ sn-aIl oof.s fcr largo was readily made.
M ,-,teton9lnp rotea of tbp deuomira-
y soa ig55s ,,-Gs, wbf-b decreased I'M
uoAs OF Ny saI ~ WY. ~ g.a.cmber "a
volume by sLI5-ztl9i Liom SJP-, ~,
1886, to the same date in 1877 lneteAseu Wy
31,G57O87 IN the 70 months ended septena-
~ al II. sto go- 9cq a., fba farmer Of the
$500, u, aanS II, IN IN csg IN the latter.
Lmu PgIlgu N y " III L}15s n circu-
IAe loial euFFeHe! % " ~ "a 30 ~ *
latlon shows an increase o. S-Cg.g5,-5' W tIe
former year and one OF $l5nio7'aSt Ih 'HI
.n ~ 900 go 4LH HurE