The Washington weekly post., 1899-06-20

......# the difference, being due 10 in
....f revenue both from customs and
.-.-.ar taxation, q fact which u natural
-r.u.glug.'
Revenues Equaling Expenditures.
af-. r.s receipts row keeping pace with
,.. .e..rII'gr-S2'
-y- was the reply. "On the 2is; day
f.-. December the deficit WIS So, sn5.6l4.
H. ..,. paid in the interval IA" spanish
-..rr..r of S1o0W0pa. and jhe difference
.rVa.n the deficit al the close of this
-.r.r and the close Of last December l.
LID. about that sum. During the pas, six
n.rt- therefore. the receipts have been
lbs. about equal 90 the eNpendItu~as. Il
reasonable 90 assume that Jho bal .nces
forth. future will be- iu favor Of the rev
.... as against the 'NpcHdituT#7. We
... certainly look forward 10 th" next tis
I'D r..r iu the belief mat There VIII be
.. addition To The deficit and witI con-
....# prosperity in The country, as is
..U .u.ts certain. there ought to be
considerable reduction. The receipts Of
30. government will be affected by the
IMPORTS. which with general prosperity.
r.u u. likely tU increase, and also by the
Industries and business which arc reached
o.. tho internal revenue taxation. ii Is
es-. .9 see how the revenues cannot fail
n keep up 20 the present STANDARD and
probably to grow very material. At the
-.m. time. however, there VIII not be
say reduction in the internal revenue tax
sr.uu next year, nor any lowering OF Gus
Toms rates.
The maximum expenditures Of the
government for the war have, 0. course,
been T,aulCdt
"Nost a.~urydIy." vas the answer. The
.Np,rs.- OF the navy have been very
greatly reduced from the maximum fig
uu. Those OF the War Department have
.I-p been reduced. though not 10 the
same degree. because large armies are
-tlI kept On the field. and the outlay for
-uHsi,r,ur, and pay Is still continued.
sum- Ila decrease is very aUpTeCIabl".
E.E instance. The war ,NueuditureS for
r4t six months ending December Il were
u round numbers $40 uup.WJ, while since
then % 10 the present time they have
only been little over &l.Ulhr1. We had
reli The reduction 81 the navy eXpendi-
lures before The close of December On
lH0 Glsl uf that month they stood II S}6.-
0nTH while from that date until this
evening only N6bbUHb have been spent
GoId shipments Not Alarming.
"I- there amy occasion Tor alarm in the
god shlpmoH'S''
"Nr' ar tlI.' said Mr. Roberts. cmphat-
I1..y So far. Inn gold which has been
shipped Is The property of the banks
They have presented 10 The sub-trcasurer
in New Iorh receipts for gold deposited
and have taken their own coin for ship
mont Such receipts i'm their excess were
oil
a.muiN Ar least throc-quartcrS # the
amount of that indemnify has passed in
material form Out OF the sub-trpaSury
Perhaps th, sum uf &.W1.Vo0 may still
l.mala iu ta- form Of these receipts,
'ra.. ta hr taken by the banks which
"aH rarm u gold fog EXPORT, should that
H. necessary. lu any event, the very
ar-. additions 90 ;hr volume of gold
- '1s ..gurr! can by Drawn upon for the
-.'frm.rr u' amy foreign accounts with
0f disaster la our trade OF commerce, or.
Indeed without seriously increasing the
Ia'' e." interest in the great financial
yutrr-
Bur aa. lnr % great deal of gold gone
abroad tu pay FOR American securities
Which foreign holders have sold Al the
Recent .'-n prices
N..ta't- replied Mr.. Roberts, IF
Condor" Paris. and Berlin want money.
..'' "'. sci. the stocks which are most
@ I' upon the market and whicl
. HN ..~ largest prOnt- SO long Is
". '..'.LUrr- rHl cur stocks. whenever
rs '-'. .rF pinch they will TcdliZr their
..H and ,sH u their money; but 81
.- Sam. time Than these tTdnsa 'tiOns
paw. ..'. -.n- ua there have been very
80 amount. rf other securities placed
'..".H .n iH' -seet combinations OF cop
N'U a"H sr.ul. and in certain Of our
rH In.' mo conditions have been
.-a- ','atI up
Satisfactory Outlook.
T". "" .." whole. you regard the pres
situation raa ..g outlook as very sat
.'......-
-. rar0arI finances" said Mr.. Rob
.- .r.t'us OBJ. sentence already quot
..'. never lu q condition 80 salts
-. -n sound ds at the prrsCn,
b. 'a OH. largest part Of the re-
... Treasury are now in gold
ODD. "' '.. balance tonight of $40
7- - than N-1T.oil OI5 Is gold coin
.... ... above AMY outstanding gold GER
This amount was exceeded OF
.....H.f. ID. when the maximum reached
...HIg was IocOrded-S2ih. .Sli, 90
'. ... ..rrmhor that since that time
.-. Indemnity Of 100000 has
.#.- ...- som uf S-g. g.,lJ,ppJ Is creates
- I..a-uTy mas ever held aDuy,
|e- ...rHIul-.'