Daily press. [volume] (Newport News, Va.) 1896-current, 1907-12-18
Est Imstes Made for The Coming
Appropriation Far IN Ex-
cess Of The Revenues.
STATEMENT BY CHAIRMAN TAWAEY
Says That Committee and Congress
VIII Have 20 Make Very Material
Revision of the Estimates Submit.
ted For the Next Fiscal Year !
Some of the Figures.
tDy Associated Pressl

Wy Associated PresS)
WASHlNGTON,D. c.. Dec. IL =
Chairman Tawney of the House COM
mittee on appropriations appointed
yesterday by Speaker Cannon, effect
ed its organization today by the APP
pointment of sub committees MS fol.
lows:
Sundry civil Tawney. Smith.
Brownlow. Fitzgerald and Sherry; leg
islative - Bingham. Gillette, Brick,
Livingston and Burleson; District of
Columbia = Gardiner. Madden, Vree-
land, Burleson and Bowers; pensions
-keifer, Gardner, Brownlow. Bow
ers and Livingston: Notifications =
Smith. Graff, Gillette. Sherley and
Fitzgerald; deficiencies - Tawney,
= Vreeland, Keifer, Brundige, Jr., and
Livingston; permanent tpproprla-
tions-I'rick, Graf. Madden, Brun-
dige Jr., and Burleson.
AT the close of the committees first
meeting today. Chairman Tawney die
dated the following statement: 1.-THE
committee on appropriations and Con-
sress are confronted with situation
which will require very material
revision of the estimates submitted
for public expenditures for the next
fiscal year ending June 80, 1909, in
order to keep the appropriations
w'ihn the lnSs.rle estimated reyen-
ues of the government.
THE estimates submitted at the
beginning OF the last session of Con-
gress for the now current year total
ed SS95.9G0,643. The estimates for
the next iical year submitted at the
beginning of this season In the book
of estimates totaled s996.949,2SS or
an increase in the estimated expen.
ditures for the next fiscal year over
the current year of 500, 9SS,646. The
estimated total revenue for the next
fiscal year is SS7S.l23,011, while the
actual revenue, including postal rev.
enues during the last fiscal year
which totaled LARGER than that of
any previous year in the history of
the government-was only SS46,725 :
$3.50.
Expenditures Far in Excess.
1t VIII be seen therefore that on
the basis of the estimated expendi-
lures and estimated revenue for the
next fiscal year the expenditures as
estimated exceed the prospective
revenue by Sis, S2S,277. This excess
does not include estimates for the
regular deficiency and miscellaneous
appropriations, which for the cur
rent year amounted to S13147,S99.
Nor does it include any new auth
orizations for spontaneous expendi-
lures. From this excess total OF
$11S,S2G277 however, should be de-
Quoted S25.000,0O0 which is included
in the estimated expenses for the re-
demption of national bank notes
This expenditure is not made ont OF
the current revenues but out OF the
statutory fund obtained from nation
al banks. which fund is not carried
as part of the governments revenues.
"Deducting the 25,0O0,G il leaves
deficiency of SS3.O00,00O between
the estimated expenses and the esti-
mated revenues and shows the ne
cossity for practical revision of the
mates submitted by the several
sub committees having jurisdiction
V'Si 'hc uupi ollIidtiOuS IOr the next
fiscal year. in order to keep expen-
ditures for that year within possible
revenues and thus to avoid a defic-
iency.
1T also shows the practical i'm
possibility of Congress at this SEES
sion authorizing new governmental
services or the undertaking of new
projects. appropriations for which
have to be met out of the revenues
incoming for the next fiscal year
unless other provision is made for
meeting such administration expendi-
lures than to require them to be de-
frayed out of the current revenues of
the government"
Four genral bills. the legislative,
the District OF Columbia, the pen.
sions, and the Notifications. were
placed In the hands of sub commit
tees today and will be worked on by
them during the holiday recess.