The Wenatchee daily world. [volume] (Wenatchee, Wash.) 1905-1971, 1906-07-26
THURSDAY. JULY rs, 1906
! FISCAL CONDITIONS.
INCREASES m TREASURY SURPLUS
AND FOREIGN TRADE.
The Republican Party Has u Splen-
did Showing of Results With
Which to Go Before the Country
In the Congregational Elections.

In the Congregational Elections.
Washington. April 12.-The agitators
for notifications of the tariff laws are
6nding themselves in Il hopeless state
Of discoura cement as a result of the
splendid condition of the treasury,
which has put a stop TO talk about ne
fessity for increasing the public reve-
nues. Not only are the revenues so
steadily improving as to make it rea-
sonably certain there will be no deficit
in the treasury at the end of the cur
rent fiscal year, but all other matters
connected with public revenues and
foreign trade have shaped themselves
to the discontinue of the Democratic
free traders and the Republican tariff
smashers.
1t was fondly imagined by certain
senators and representatives who are
anxious to see some tariff smashing
done that the agitation of the German
trade situation would produce condi-
ton making 1t compulsory for congress
to bring about notifications in the
tariff. The very prompt and decided
stand taken by sturdy protectionists in
both houses in favor of meeting Ger
man threats Of aggression in digni-
fed and thoroughly American way had
the effect to induce the German gov
eminent to postpone the day for in
flicting upon American products the
maximum OF German tariff rates. And
this result was produced without max
ing concessions inimicai 10 the INDUS
tries of the United States.
More than eight months of the cur.
rent fiscal year have passed and the
operations of the revenue laws have
proved to be more efficient and effec-
tive than was predicted by the friends
of these laws would be the case. A
year ago the country was facing
deficit in the treasury Of nearly So,
100000. 1t was the expectation Of the
treasury officials at the beginning of
the present fiscal year that, considering
the experience they had during the pre-
viOus twelve months, some efforts
would have to be put forth to increase
the public revenues or the treasury
deficit would be increased materially.
Instead of this result the first eight
months of the present fiscal year have
witnessed the practical determination
of the treasury deficit. and the indica-
tons are favorable for a surplus rather
than Il deficit at the end of the fiscal
year, June 80 next.
The receipts from customs under the
operations of the tariff law since July
last have amounted to more than $500,
than $20,O00,000 compared with the cor
responding months of the previous
year. The internal revenue receipts
have in the same time increased about
$1O,000,0O0.
The preliminary trade figures show
results cOrrespOndingly favorable and
certainly furnish no evidence Of
necessity for tariff notifications in the
interest of international exchanges.
Since the 1st of July. 1908. the total
imports of commodities have amount
cd to $799, 100000 worth, or an Increase
Of about S6O.COO.OOO over the cor
responding period of the previous year
How our foreign trade is hampered
and discouraged by customs laws and
regulations is illustrated by an increase
Of nearly $200.O00o00 in our exports
during the same period. While we
were importing less than SS00,0O0 900
worth of foreign products OF all kinds
during the past eight months we sold
in foreign markets American products
to the amount of $1.19S. 100000 worth
During the corresponding eight months
a year ago we had exported little
more THAI $1,00U.O00,0OO worth. The
meaning of this is that while our i'm
ports increased $60.0O0.O00 worth our
exports during the same time increased
nearly $500. 100000 worth.
With This record continued I'D to the