The Owosso times. (Owosso, Mich.) 1897-1926, 1899-03-10

An0 Alum - " tno Dinkioy Law.
To those who have 80 persistently pre-
varicated concerning the revenue producing
capabilities of the Dingley law IL will be
unweIcome news that the customs receipts
Of the Government, exclusive of those from
tee, are now running at the rate Of $500. 600
per day, or considerably more than one-half
the average daily expenditures during the
i've years prior to the beginning Of the ex-
traordinary expenditures due to the war
with Spain.
The Bureau of Statistics of the Treasury
Department has just compiled some figures
on the customs receipts Of the Government
since the beginning of the fiscal year 1898,
thus including the operations of three Tariff
laws. These figures show that the total
receipts from customs during the fiscal
years 1893, 1894, 1895, 1876 and 1897 were
$S23, 90s. O44. or an average of $45l, 456 per
diem during that five years period. three of
the years In question having been under
the Wilson. German tariff act of August 81,
1894, and two years under the act of Octo-
Der 1890, the Mckinley law. The fiscal
year 1898 is not included in these estimates,
since Its customs receipts were far below
the normal because of the small importation
Immediately following the enactment Of the
Dingley tariff law of July "a, 1897, while
its expenditures, by reason of the war, were
far above the normal.
The total expenditures of the five years,
|, 1s93-97, were 1895, 152, 1879, making the
average annual expenditure during that
time 1866, $50, 42S, or an average of 81. 000,-
900 per day for all of the general expendi-
lures of the government. This, of course,
includes none of the expenditures of the
postoffice department except the annual
deficit, the custom of the treasury depart
ment In considering its expenditures being
to omit from Its calculations the total re-
ceipts and expenditures of the postoffice
department, which is practically self-sus-
tanning, and to include only the deficit of
each year in the treasury expenditures.
The statement of the bureau of statistics
further shows that the receipts of the calen-
dar year 1898 from the Dingley law of
July "a, 1897, coupled with the internal
revenue and miscellaneous receipts under
the then existing laws, have more than
equaled the ordinary daily expenditures
prior to the beginning of extraordinary ex-
penditures due to the war. The total re-
ceipts from customs i'm the year 1898 we're
Sls2, s79, 361, of which $2,079, 1877 was from
tea. The total receipts from internal rev.
enue during the year were 1922, 922, 310 of
which 55,2s6, sS1 was from war revenue
taxes. The total miscellaneous receipts of
the year were $50, 500, $50. of which $l4.-
841, 401 was from sales of Pacific railroad,
making the total extraordinary receipts of
the year $72, 2OS, 019, which, If deducted
from the grand total receipts of the year,
$442, 1881. 251, would leave S37O, 423, 232 as
the ordinary receipts, exclusive Of war
revenues and receipts from Pacific railroad,
or in round figures SIS. 392, S04 In excess of
the average annual expenditures during the
five years-ls93-9 7-prior to the beginning
of the war expenditures.
The following tables show ID the total
receipts from customs, internal evenue and
miscellaneous during the calendar year
1898; (2) the extraordinary receipts of the
year In each of these divisions, and (3) the
net ordinary receipts after deducting the
extraordinary receipts of the year from the
war revenue act and from Pacific railroad
sales. The only increase made to the GUS
toms recsipts by the war revenue act were
by the way Of duty on tea, which produced
during the year $2,O79, 7s7. The internal
revenue receipts Of the year from the war
revenue act were $55, 2se, sSl; those from
Pacific railroad, Sl4,841, 401.
Total receipts. calendar year 1898:
CuStOmS- -SlSS, S79, sol
Internal revenue 222, 922, 80
Ml5cellaneOuB-- 80, 029, ooO
lOtal- -S44S, 03l COL
Total extraordinary receipts from war rev.
enue and miscellaneous, calendar year
1898