Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-05-02
INCREASE IN EXPENSES
CAUSE OF THE LARGE DEFICIT IN
THE TREASURY.
Almost in Every Department of the
Government the Payments Have
Been Greater Than Last Year.

Despite official suggestions that the de-
felt of the treasury may be reduced to
something like S2o.ooo.0oO by the close
of the fiscal year ending June 80, there
is every day more to Indicate that the de-
felt will go well above that figure. prob
ably reaching not less than S25. 900, 900, as
heretofore Indicated.
The deficit at the close of April accord
ing to the official statement just given
out was S33.6S9.557. At the same time
in the previous fiscal year there was
deficit. but surplus of S2.45S,5I1 The
last two months of the last fiscal year. as
is generally the case with all fiscal years
for a number past furnished surplus
sufficient to run the total for the entire
year to about Sl3oo0,000 There is seri
Gus doubt whether surplus can be eX-
pected for the next two months, although
some treasury officials assert that 1t VIII
be equal to the same two months of one
year ago.
Imports Stored Away in Bond.
Assistant Secretary Keep. who is a
pretty close student of the financial con-
dition of the treasury, notices that in the
last month or so an unusual amount of
customs shipments were stored in bond
ed warehouses. He has never known more
goods put away in that fashion. He is
under the impression that importers Will
these
few months and pay the customs receipts.
thereby swelling the income. Something
of the kind will undoubtedly be needed
IL the deficit is to be kept down below
$50 0o0, 900. Customs receipts In the
month of April just gone did not make
good showing. The total receipts for the
month were $20.040945. while in April,
1904 they reached Sd, 015.51S. more than
million above the last month This de-
crease may possibly be accounted TOT by
the placing of customs shipments IN pond
AS "A matter of fact though, customs re-
ceipts are behind the same time a year
ago Up to this time the total receipts
have been S219, S364s6. against S22o,o1o,-
56J for the same period of the last hscal
wear The total internal revenue receipts
have been S192 700 907. while one year
ago they were $193.115,SI2. stu another
decrease. Miscellaneous receipts are iare-
er than they We're one year ago: pue thls
is due to the fact that the Louisiana pur-
chase exposition repaid to the govern
ment in the present year S4:oo''ooo poi
rowed in the previous year Leaving this
out every branch of the government IN
come for the year that is closing
has shown "A decrease, while in the ex-
penditure line practically every ptall '
has shown an increase, Il state oi ai,siis
that does not look well to republican
statesmen.
Greater Payments Along the Limo.
The total receipts to date this fiscal year
have been s451 .7l4,149, while at the same
time = wear ago they were 1851, 6l2, 10, The
s23 eco 900 deficit is explained by the fact
that the expenditures to date have been
s4S5 4e3 706 against s449, 1888 at this time
last year The difference is enough TO ten
the tale In every part OF the government
except in interest payments ana dlspurse-
ments to Indians there has been an excess
of expenditures over the last hscal year.
The civil and miscellaneous establishment
has taken Sl26.652,3i6, against Sis,
year ago. The War Department Is charged
--IfsIc inst Nj
ago The navy has expended SD.i1f,9o5,
against SS4, 400, 600. and so on throughout.
Treasury officials, who are hopeful or
keeping the deficit down, say that the ex-
penditures on account of the navy nave
been especially heavy to date by reason OF
a number of large battieship payments.
They do not believe these payments VIII pe
large from now until the end or the montn.
For April the deficit was SAIL ,41S99,
against So, 400. S43. 10, representing about the
monthly increase in expenditures through
out the year.
In the years preceding the Spanish war
the expenditures on account of the navy
never exceeded $36,O0O.O0O. This year the
total will be over sl00,ooo,o0o.
In Previous Years.
comparison of the governments fiscal
condition in previous fiscal years may throw
some light on the present situation. May L,
1904, there had been received during the
fiscal year s451 612 no. and the expenditures
had been s44915359S
May /, 1903, the total receipts were $780,
419,JO1, and the expenditures s430 999. $50, a
surplus of about 36oD0.000, with more than
500, Geo during the entire year.
May /, 1902, the receipts for the preceding
ten months had been 64,21S, go, while the
expenditures were s39S. 624, $685. surplus Of
about $66,00O,O0O.
May l. 1901, showed the receipts for the
preceding ten months to have been s4S2,-
SS4, 961, with expenditures of $434 100, 105.
Three years ago the government had
surplus of 6S00O 600, while today the deficit
is close to 81, 100000