The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1899-12-15
TREASURY STATISTICS.
Extracts from the Report of Secre-
tary Gage-Receipts and Ex-
penditures for the Year.

Washington, Dec. THE annual report
of the secretary of the treasury occupies
IA pages of closely printed matter, in
GLIDING large number of statistical tables,
showing receipts and expenditures of the
government during the year and compar-
isons with previous years. There are also
estimates of the receipts for the next two
years. The total receipts for the fiscal
year ended June 80, 1892 were $3.50 49,, OO4 80,
and the expenditures $500 O9S, 02, showing
a deficit of s9,111, 55967.
OF the receipts the largest sum, S273, 49,
l61.5l. came from internal revenue, and
the total of sos, 12S. 4S1 10 was from GUS
toms. There was received from payment
of Central Pacific railroad Indebtedness
s11, 79S. 414 and from the postal service
SOS, 021, 3S417 OF the other sources of rev.
enue none showed a greater amount OF
receipts than $6164. 256. "a, which came from
profits on coinage and bullion deposits.
OF the expenditures by far the heaviest
item was for the maintenance of the mil
itary establishment, including rivers and
harbors, forts, arsenals, seacoast defenses
and expenses of the war with Spain, which
amounted to s229, Sal ,254. AZ. Pensions come
next. with total of s1S9 $780,, 9290 The
naval establishment expenses for the year,
including construction of new vessels, ma
chinery. armament, equipment, improve
ments at navy yards and expenses OF the
war with Spain, were S63,942, 1O4 %. The
SIfii Oh the SONSl
GLIDING foreign intercourse, public build
fngs, collecting the revenues, District or
Columbia and miscellaneous expenses, cost
$50, 9I9, 6S5.S2. The Indian service cost S39,-
S96, 925.02, and there was an expenditure or
IS. 211 .570.0S for the postal service in excess
of the amount received from that source,
| making a deficit in the postal revenues Of
that amount.
The deficit for the fiscal year shown by
these tables amounts to SIS, Ill $50 81.
Comparative tables showing receipts and
expenditures of the year ended June 80,
1899, and June 80, 1898, show an increase in
receipts in 1899 of SIG, GAS. O5O6O. and an in
crease in expenditures for the same year
of $161, 703, 5S7 05.
Estimates based on existing laws of the
receipts and expenditures for the present
year, ending June so, 1900, show the prob
able receipts to be 500, 95S, 1900, and the
expenditures for the same time OO95S,-
1l200, leaving surplus of $40, 900, 10000
The secretary strongly urges the estab-
lishment of the gold standard.
On the subject of national banks he urges
several notifications in existing laws, the
first and most important of which is that
the minimum of capitalization be placed at
s25 600 instead of $4,000, as it now is. He
also suggests such notifications in exist
ing banking laws as will limit the amount
of liability q bank may carry upon given
amount of capital, pointing out that under
existing laws the bank with $4,000 capital
stands legally as free S does the bank with
a capital of s., 100000
immigration statistics given show that
there arrived during the fiscal year 1899
at ports of the United States and Canada
81, rs Immigrants, exclusive of about
% 600 who says the commissioner general,
came as cabin passeng gers, and an unknown
number from Mexico and Canada The
above total was composed of 291,340 from
Europe S,972 from Asia, 81 from Africa,
and 5,343 from all other sources, making
an increase over the number for the pre-
ceding year of So 416, or nearly So per cent