Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1899-03-23
RECEIPTSOFREVENUE
EXCELLENT SHOWING OF THE
DINGLEY TARIFF LAW
1t Is Producing Even More than Was
Anticipated and It's Operations Are
factory.

To those who have so per aiStently
preyaricated concerning the revenue
r.. producing capabilities of the Dingley
law it will be unwelcome news that the
customs receipts of the Government,
exclusive of those from tea, are now
running at the rate of $56O,O0O per day,
or considerably more than one-half the
average daily expenditures during the
Eve years prior to the beginning of the
extraordinary expenditures due to the
war with Spain.
The Bureau of Statistics of the
Treasury Department has just com
piled some figures on the customs re-
ceipts of the Government since the be-
ginning of the fiscal year 1893, thus
including the operations of three tariff
laws These figures show that the to-
tai receipts from customs during the
fiscal years 1893, 1894, 1895, 1896 and
1891 were 1898, 90S, 044, or an average
of %451. 1876 per diem during that five
years period, three of the years in
question having been under the Wilson
$1orman tariff act of Aug. q, 1894, and
two years under the act of Oct. 1, 1890,
the Mckinley law. The fiscal year 1893
is not included in these estimates, since
its customs receipts were far below the
normal because of the small impOrta-
tons Immediately following the enact
mant of the Dingley tariff law of July
q, 1897, while it's expenditures, by rea-
son OF the war, were far above the
normal
The total expenditures of the five
years, 1S93-97, were $1,S25, 1872, 139,
making the average annual expendi-
ture during that time $685., O30, 42S, or
an average Of $1,000,OO0 per day for all
Of the general expenditures of the
Government. This, of course, includes
none of the expenditures of the Post
office department except the annual
deficit, the custom of the Treasury De
partment in considering it's eXpendi-
lures being to omit from it's calcula
lions the total receipts and expendi-
lures of the Postoffice Department,
which is practically self-sustaining,
and to include only the deficit Of each
year in the treasury expenditures.
tistics further shows that the receipts
Ut the calendar year 1898 from the
Dingley law of July q, 1897, coupled
with the internal revenue and miscel-
ianc0uS receipts under the then exist
ing laws, have more than equaled the
ordinary daily expenditures prior to the
beginning of extraordinary eXpendi-
J,,D b. No NI,e> 1nI
ccpts from customs in the year 1898
we're $1S2. S79, 361, of which $2,O79,7S7
was from tea. The total receipts from
Internal revenue during the year were
SD ,922.31O, of which 500, 2S6,S was
from war revenue taxes. The total
miscellaneous receipts of the year
were $50, 800 $780, of which $14,S41 ,401
was from sales of Pacific Railroad,
making the total extraordinary receipts
Of the year $72.20S019, which, if de-
Quoted from the grand total receipts
OF the year, $442, 631 Psi, would leave
1910, 423,2 32 as the ordinary receipts,
exclusive of war revenues and receipts
from Pacific Railroad, or in round fig
ures $5.392, SO4 in excess of the average
ycars-1S939 7-prior to the beginning
Of the war expenditures.
The following tables show o. the to-
tai receipts from customs, internal rev
enue and miscellaneous during the cal
endar year 1898; % the extraordinary
receipts of the year in each of these
divisions, and % the net ordinary re-
Il
nary receipts of the year from the war
revenue act and from Pacific Railroad
sales. The only increase made to the
customs receipts by the war revenue
act were by way of the duty on tea,
which produced during the year $2,0T9,-
1871 The internal revenue receipts of
the year from the war revenue act were
$55,2S6,S31; those from Pacific Rail
road. $14,S41 401.
Total receipts, calendar year 1898:
Customs ACKNOWLEDGEMENTS. S2,S19,36
Internal revenue. .......-....... 222,922,3l0
miscellaneous -..............-. S6,S2s,oSO
Total NEUTRALITY-SUSPICIOUS.. $442, 631 ,251
Total extraordinary receipts from war rev
cnae and miscellaneous. calendar year
Customs ttea duty)............... 2,079, 1877
Internal revenue twar revenue
acn Observation-Disclosures. IS, 2S6, S31
Pacific Railroad. 1884. 401
Total Observation-Disclosures. ST., 20S. 019
Ordinary receipts (omitting war revenue and
Pacific Railroad. calendar year 1898:
Total receipts of year. ......... SAC. 631, psi
War revenue and Pacific Rail
road Observation-Disclosures. II, 20S O19
Total ordinary. 1910, 423. 22S22
Ordinary receipts of 1885, compared with
ordinary expenditures of 1S9S9T:
Average daily (ordinary) re-
ceipts, calendar year 1898. -. S1.014 $50
Average daily expenditures
iS93-97 Observation-Disclosures. 1,000,OS3
1t is about time to stop living about