The true northerner., 1899-11-08
TIE NATIONS REVENUES
Iaited states Trensurer Roberts Gives
Interesting Facts and Figures
I'm His Annual Report.

Washington, Nov. 6.-Hon. Ellis H. Rob-
erts, the treasurer OF the United States. in
Ills annual report 10 Secretary Gage sums
up the operations Of the asst fiscal year
by saying that "A notable activity was ex-
hlbited IN all kinds OF currency, with
marked increase in the use Of gold coin
ard In less degree OF silver colI, " hiie
the prosperity OF the country has al no time
left any part Of the government rotes IN
the treasury above the demands Of daily
business in its several Offices"
lie says: The effect OF the new revenue
law Is shown In the receipts for the year.
IN which there was an increase over 1858
OF so6. 55S,4l9 from customs and $102, $50, $40
from internal revenue. The collections Of
internal revenue were larger than these
Tor any previous year, with the exception
only or 1866 and the total ordinary re-
ceipts, which amounted to $515, 800, $50 were
also the largest on record, with the same
exception. The net ordinary expenditures
were little over $605, 600 CO., an amount ex-
ceeded only twice-in 1863 and 1864. There
was deficiency Of $50. Ill .559 in the ordinary
revenues.
Inclusive OF loans and the issue OF notes
and certificates the total receipts or all
accounts, by warrants. were $1.0SS. 451 $40
and the total disbursements 1916, ,222. .l4S
with the addition of the proceeds Of the
new three per cent. loan TO the ordinary
revenues there was a fiscal surplus of $780,
y
loan represented every part of the country.
OF the total Of nearly 5000 0O0. 600, upwards
or Sl2oOOO,cOO came TO the office In WASH
ington In the form Of checks on barks n
every part Of the country Nearly 500
100000 was paid in gold. upward Of s25. oO0,-
600 In United States notes and the rest in
other kinds of money
There were In circulation June 30 1898
1929 in United States notes, SOS. .665. $50
in treasury notes. 1890. .659 $50 in silver cer-
tiicates and 1929, ,129 7OS in national bark
notes. On June 80. 1899, the amounts were: !:
united states notes, 1910, ,349 treasury
notes, Sy2, ,6O5,792: silver certificates s4O1 =
S69,S43, and national bank notes sc37 $50 =
osi. The paper in circulation was thus in
creased during the year by $43s2S 2S6 AS a
result or these charges the treasury hold
IS or government paper fell, between the
two dates, in United States notes from s34.-
O6S,SN7 to $15,27S,667 in treasury notes from
2dl. 700 to ss12.4Ss and in silver certificates
from S.SS7 ,424 to s4216,16 BY continuance
the process or retiring treasury notes of
1880 redeemed In standard silver dollars
TIE amount of the notes outstanding was
reduced during the year from $l0l, ,2O7, ,2sO to
500, ,51S.2S
The gold coin in circulation. all in these
denominations, steadily increased from
$41S, IA, ,490, September 80 1885, to $646 361 1855
on the same date in 1899 In the small n otes
there was shrinkage of 81, 500 l57 from
1880 10 1885, out In the next year there was
an increase of Sal, ,657 ,037 and from 1898 to
1899 the amount ran up by $5s, ,665, ,456 Dur
ing that year the increase of these denomi-
nations of both gold and paper was $751;
576,7S9. The total addition to the paper cir
culation in the same period was $lO1 S39. .641.
OF which S43,174.225 was i'm the larger de-
nominations. The addition to the gold in
circulation during the year was $23 Sl1 1913.
and this, added 10 the increase Of the paper
outstanding, makes a total increase Of $l25.-
.014.
In the fiscal year 1898 the ten treasury Of
fees paid out s40,S32.1 .149 in standard silver
dollars, and in 1899 s42, ,532 296, an increase Of
$l,700,lH. At the same time the receipts
of standard dollars were $54O07, ,934 I'm 1898
and S37. .5Sl ,040 in 1889, a decrease Of $16 426-
S94. These changes indicate growing cir
culation Of these coins. Previous TO this
year the maximum Of silver dollars in cir
culation at the close of any month was
reached in December. 1890, as the result Of
urgent efforts TO promote their use, when
the record was $G7547 .O23.
On August Z, 1899, was resumed the issue
of gold certificates after an almost unin-
terrupted suspension from April IA. 1S93
during which the amount in circulation was
reduced to $50, $40. BY the end Of Octo-
ber this amount had been increased TO $l27,-
593, 5l9. Within this period the treasury
paid out $156, ,052, $40 Of the certificates, Of
which $50 063, 220 were for gold coin and S72.-
9S9. .420 were in current disbursements, VIII lie
S62, 022, 250 were returned TO the treasury in
the receipts. The rapidity of the outgo is
notable, as we'll as the proportion of the
denominations under 81, 900.