Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-06-22

WASHINGTON, June 9l.-It Is regarded
.. "a conservative estimate that the Urea
.,ry deficit for The fiscal year 1899, which
closes ten days hence. viii he less than
lo1ooo0. Already the receipts of the
wear areroeate over $49S $4,000, with the
,>penditures barely SlOo.O0oOOo more. with
Ten days. judging from past years, OF
normally heavy receipts yet to be ac-
uuted for.
During the wear there have been two
s.,y calls upon the Treasury, and one
---a payment. which could not have been
.-.secn one year ago. In March the
evarnment received Sll 1854 on account
..tnc settlement of its claims against the
central Pacific Railroad Company. Du-
pill. tse same month. SSOo0.oOO was drawn
.t tl uay off the Cuban insurgent army,
.a. in April S-0.0oyo)0 was drawn out to
r.r spain In settlement of treaty obliga-
r0-s. Leaving these three items out Of
r.. account. the deficit this year would
uyt have exceeded $4,000.
RECEIPTS.
ID TO this date the customs receipts
amount to over 500, 10000; from internal
ravenue SIS. 600 has been realized, and
tron miscellaneous sources there was re-
..ived SO 10000. During the whole of the
fiscal year 1898 the receipts from customs
barely exceeded Sll95oO.000, and those
frcm internal revenue less than $ln,00O0.
The total receipts from all sources
amounted 10 $4o5.SI 355, while the expendi-
lures aggregated Sf43 3Co 1872 leaving u
deficit OF &S047.2F. This year, the eN-
uenditures VIII exceed those of last year
D., about $50. 90 90. while the deficit Will
oe about 81 OOJ.Cu greater than last year
IRON the closest calculation that can
3W be made, the war revenue act, which
a..h the exception Of u few items. went
MO effect July !. 1928, will ralize for the
,c.r "a little loss than SlOQ00J01. The
receipts Tom tobacco alone Will probably
.e.y- All Increase FOR the year OF over
rs.ueo. spirits. an increase OF SJ,50OW;
n..~ and o-ler fermented liquors, an in
c-a4s. ot over S2S.O O)); oleomargarine,
al Increase u about $4,000, and the re-
oe.yts from special taxes ana documen-
-l-y ar- pt0prietary stamps for the year
uiI likely bring the Increased receipts
on account of tho war revenue act up TO
islr.y No0 10000.
THE STAMP TAX.
The TWO items in that act which have
.14uCed more than ten times as much
revenue as any two others are those re-
.uug 10 documentary and proprietary
eamps on April 30th last these Items
bad produced over $36,JO0@O, and II Is not
.npr0bable that by July LIST that amount
,.u be increased TO over $4O00,0OO The
t.A on legacies will produce not much Ill
excess OF 81 10000. while the special tax
elected from bankers Will exceed $780,
uy The receipts from customs snow
.-afifving increase. For the month OF
November. last year. the customs yielded
Sill -r 600 and Tor the following I'VE
months there was a gradual increase unul
March. which produced nearly &l,WloO.
az late there has been a slight falling OIL.
EXPENDITURES.
rhe expenditures up 10 this time aggre-
r.. ah1ut SD0O00{O0 OF this amount
10000 was paid out on acquisitions
f-.r fh. War Department; $6iWOOO0 on
...,t of the navy; Sl3s 100000 on ac-
count Of pensions. and nearly SioVo'"v OF
interest on the public debt; Sl2,630V was
r 90 the Indians. and $ll''z|'O0o WIS
.a-sed on civil and miscellaneous az
C-.
COST OF THE WAR.
A. this time it is impossible 10 s''t'e
p1 any degree of certainty "hdO w
r- with Spain and the troubles IN 'he
l.lppincs have cost during this year.
l.t an approximation has been made Oh
rs actual cash Payments on these ac-
UNITS. which places the amount at SzSo'-
1o OOo This includes the payment OF ~
900 To Spain. the 10000 now belns
. bureed 70 the Cuban troops, and the
iaterest charge on the loan made neces-
try By the war
NIGHT HAVE BEEN A SURPLUS.
A calculation has been made at the
Treasury which shows that leaving out oil
PHI, account the S25Qooo0o0 expended thls
wear on account Of the war, the NW.OVoOJO
produced By the war revenue act ana tne
f1 DeSsl4 received from the Central PACING
abroad the figures would snow 80 a. ,S s"' P'1S
IL - ....- aunrnYlmating AlWlLUJ.