The citizen. (Frederick City, Md.) 1895-1923, 1905-07-07
TWENTY-FIVE MILLION.
Amount of Deficit for Fiscal
Year. $500, 900 Greater
Than Estimates.

By tie most painstaking par
ing of the expenditures during
the last month and by sending
over to next month everything
that could go over, the deficit in
the treasury for the fiscal year
that ended on Saturday, the 1st
Of July. has been kept down to
about $25, 500. 900, which is 81,
100000 greater than the estimate
of the probable deficit for the
year made by Secretary Shaw
about two months ago.
The exact amount of the de
felt at the close of Saturdays
business was S25, S95, 7S6. 50,
which it is to be hoped will be
reduced tomorrow by the excess
of receipts over expenditures for
the day. Treasury officials say
that the reason that the deficit will
be so much larger than the esti-
mate of Secretary Shaw is due to
the Unexpectedly large expendi-
lures of late on account of the
Panama Canal, which has been
absorbing large sums daily since
the new commission got to work;
to the extraordinary size of the
shortage in the postal revenues,
which is about $4,000, 900, and
to the expenses of the reclama-
ton service, which have been
about $4,000, 900 during the first
year. The total expenditures of
the treasury during this mouth
have been unusually light be
cause of the pains taken to keep
them down in order to make as
good a showing as possible at
the end of the fiscal year.
MONEY SAVED THIS MONTH.
Up to the close of business
Thursday of last week, the ex-
penSeS for the month had been
only S34, 100000, while the re-
ceipts were S45, 500. AZ, leaving a
balance to the good of $40, 753,-
S93.42 for the 80 days. In July,
however, the savings made last
month Will be eaten up, and it is
expected that the expenditures
will reach total of nearly, if not
quite, $50, 100000 The total
available cash balance of the
treasury on the 10Th was S139,-
0l3, 24S.26, while the working
balance was about S57. 900, 900.
The officials of the department
are not at all disturbed by the
condition and say there will be
no good reason for uneasiness
even if the shortage in the rev
enues should continue at the
present rate for two or three
years more.
The receipts for the fiscal year
have been about S543, 900, 900,
81, 100000 more than the receipts
estimated by Secretary Shaw in
his last report. The expenditures
have been 1867, 800, 900, or about
81, 500, 900 more than was esti.
mated. A comparison of the re
ceipts of this year with those of
the preceding year shows small
changes. Custom receipts for
the fiscal year 1904 were approx
imstely 1862, 000,0 900, for this
year approximately 1861, 900, 900;
internal revenue receipts for 1904
were 1892, 400, 900, for 1905, 1888,
500, 900; miscellaneous receipts in
1904 were SAG, 100000; in 1905,
S4S, 900, 900.
ALL DEPARTMENTS INCREASED
EXPENSES.
A comparison of the expendi.
lures of the two years shows
wider variations. Civil and mis-
cellaneous expenditures in 1904,
excluding payment for the right
of way for the Panama Canal and
the loan to the Louisiana Pur.
chase Exposition Company were
1882, 400, 900. This year they
were S147, 200, 900, an increase of
Sl5, 900, 900, of which more than
half is an increase in the postal
deficiency. War Department ex-
penditures in 1904 were $115,-
100000; this year, 1922, 400, 900,
an increase of S7.O0O,OOO. Navy
Department expenditures in 1904
were SOL, 800, 900; this year,
Sl17, 300, 900. an increase of $14,
500, 600. Indians IN 1904 $40,
400, 0G0; in 1905, S14, 600, 900, an
increase of S4.2OO,OOO. Pension
payments in 1904, $l42, 600, 900;
in 1905, S141. 100000, a decrease
of 81 900, 900. Interest payments
were the same for the two years,
$24, 100000.
THE great Christian Endeavor Con