Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-07-01
Uncle Sam Closes Business Of
Fiscal Year With Immense
Sum to the Good
o ISSUE NEW Nc
MON EY
Treasury Will Put in Circulation $780,
100000 in 81 and So Notes-DeniaI Of
2 Jap Permits in San Francisco to Add
Complications to Present Troubles
in That City. Il

Washington, July $50 far as the
fiscal year of the government closed
Saturday with a surplus of substan-
TALLY sS7,000,000, or the largest net
balances ever shown. In the fiscal
year 1908 there was a surplus of $751;
2S7,975, but that was the largest since
1899.
While the official figures for the MS
cal year will not be announced until
today, the figures available Saturday
were approximately accurate. They
show that in the year just closed the
Income from the various sources of
revenue was $685., SO6,134 and expendi-
lures $57s ,376,709 as compared with re-
ceipts of $594,454.121 for the las fiscal
year, and expenditures Of S56S,7S4,799,
the surplus in that year being $25, $685.
S22.
There has been a tremendous in
crease in receipts in the year just clos
ing, while the expenditures have been
only about $10,000,000 in excess of
the last year. The largest increase in
receipts has been from customs, altho
internal revenue has shown a big gain.
The receipts from the different
sources this fiscal year have been as
follows: Customs, sS33,320.126; inter-
\ nal revenue, $270,309,38S; miscellan-
eous. s4O,172,197.
There has been no year in the his
tory of the country in which the re-
ceipts from customs came with many
millions of the present year.
The receipts last year held the rec
ord up to that time and this years
Income from the source is about $751;
100000 In excess Of last year.
Internal revenue receipts likewise
break all records, except during the
Spanish war, when special taxes We're
being collected.
The expenditures in the different de-
partments Of government for the year
just closed are as follows:
Civil and miscellaneous, $124,112,S43;
war, SOL 672.313; navy, s97, 6o5,o7s; In
dams, $15,140,0O4; pensions $1S9,290.-
9s2; public works, s76,O50,552; interest
on public debts, s24,5o4,ss2.
Money will soon be more plentiful.
Secretary Cortelyou is proposing to
swell the volume Of currency by an
addition of s40,0OO,000 worth of 81 and
So notes. To accomplish this, two
brand new notes have been designed
and will be issued to the public on July
1. At last the treasury department has
the power to kill off that bugaboo
which appears regularly every fall,
famine of small notes.
The appearance of a new note is
made necessary in this bit of field
jugglery. It is a $40 Of gold, $5,000,O00
of which have been printed.
international complications may grow
out of the action of the board of po-
lice commissioners OF San Francisco
in denying two japanese permits to
conduct employment agencies on the
ground that the licenses could be is
sued only to American citizens.
If this course is pursued with for
eigners other than Japanese, the mat
ter will undoubtedly be taken up with
the department Of state by one OF the
European nations.
No complaint has been made to the
department Of state about the action
OF the police commissioners of San
Francisco and the Japanese embassy
has not vet been notified.