Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1899-12-09
NATIONAL FINANCES.
The Annual Report Of the Secretary
Of the Treasury.
THE REVENUES OF THE GOVERNMENT
The Estimated Per Capita supply OF Money
November I, 1900, ulven M e2S.oo-
Power OF Needfai Expansion OF
Currency Recommended.

~,. . .aoa ,,... -. aor m
""'e"'' 1o"'' "'" -"
Power OF Needfui Expansion OF
Currency Recommended.
M, $1,000,
washington Lee "-the annual TO
port OF the secretary OF the treasury
Rhows the following;
NM. vo..,,,.. =, an. cov.rnmen, from nil
sources sor The asca, vear ended Juno %. 1909
"nS ss,c oos AZ, 1,ho s.,,ond,,,re. were 500
,os "a, Tno c,v,, es,ahi,shmcnt EXPENSES were
400 oSo ssx. ,,li,arv es,ahIIshment ~ o sii s5i:
roy,, .s,ah,shmen, an pis i0i. pensions. sIsp.-
soi ooo. ir,cresi an nbblIc debt go. 500. .eS:
80, ...,,,.a s,oa sso al Thc de,,cit wns sos
~, sso In aSd,,ion ~ tho revenues collected
ne ca.,, q, tho treasure incrcased sso,. OO5 blI
~. 49, - ~ 80 ,or c.r, honds sios an 7sO
ana ,ro,r na,,onai banl. funds denositcd in cx-
80. :, nan,, no,os rodoored A, ausu
Thc revenues M the goycrnment for the cur
AN, esca, rcar arc es,ima,cd unon the basis of
eyIs,ipy la,ys m no s6l0 aSs H. and the cxpcnd-
49,. "a !, oSa no s,,rni,s ~ sio o0l O01 The
cv.r,,es %, ,coi are sas7 IA ga md the esti-
mated annropriatIons required, exclusive OF
sinking f,,nd. are sss5 ss3 tis-an estimated de-
eci, ~ s,s M, ,ol Il, a. believed. however. that
congress will he nble 10 reduce the estimate to
sucb n point Ms will bring the expenditures
.,,h,n ,ha as,,ma,ed revenues and leave fair
"a .,,hs,an,,ai narcin FOR surnlus.
ana substantial margin LOT surp,us. $500. =,
The transactions Oh the nseai year Mol1 y,
having been exceeded IN anv like period but
nnVing oeen eAeecueu ~ MY Inv r'o,,,,,,os
hu, ,hr,cc IN Is6a isSt and 1885, Inclusive of
,hc amorr,s ,nvolved IN the issue md rcdcmp-
zion ~ honds. notes and certificates, the gross
rcre,p,s were sIIss. t5l. $40. md the gross exc
pehuitures s'to,<--ito' ,.,. an. ,....
Important changes look pincc uurins une .e".
IN tue compos'''oh unu us s , IT, 80.
OF money. Ine nmouhe VI ho'es ans s,ae,o
tncates IN eiisu'auon ~aS 1870. =, -. ,r"as,'rr
$50. reaucing 'nc pupur no.u,ns ~, Wv =,
10 the minimum IequIe" 'o' Wv -, =,
business Inc outstanding ,eusus no ss ~
lew were cut uowh Y! ea' s,n, ~. ~, ~ sai
tion IN silver doilars rom a., %, ~ ,u,",,,o
oie'-eo. ms pIoves'. no"ese'' - ~. ,ra .oirs
acoh'raeuoh VI VI. ~, s,',,S a., o,rcu-
paid out lor thc hoUs usset '. ~" ,soas,rr ,ar
la ,I'' VI Me-
SILVER ce.uiV , .c,,.. =, ,,o ,roos,rr
~ .nv .sss sas ss ,as a., ,nrdnrS s,ycr dollars
paiu ou' s'-''s =, ~, ~ 80 ,',o,os rcor
an increase y. 49,, ,.n.o ss- "a, mn
Inc rece'P's ~ W. az. M s..',,,r, os,,mo,od
ueeteass VI ,'o, ,,a e,,h q, s.n,cmher
70 DC IN circuia'ioh v" '''' '''A W
was s',oioo. ..,.. =, ,so ,-o,srrr
IN lnc ass'vsa% 600 o,,,o,,n,ad % a, a nor
inc rece'p's =. so,u ~ i'V .,a S,sh,,rsensn,s N
cent OF 'he wnoe anu w, W az ISL =, ., .n',,co
so's,' as eompareu Win vVS a'iu TO. - ,no
.Neiy ~ ,oso mn % ~ ,,o,d ana
treasury ousineoa was " ""'"s 50 So ~
~n,s, v crcula,,on and are estimated to have
reached s7osOeo. 40 on July 1, 1909, the gold
holdings OF the treasury have exceeded oil pre-
vious records, both In the assre gate ana IN ,ne