The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1909-04-20
FIRST GUN IN DEBATE
FIRED BY Mr.. ALDRICH
Continued from Paae I


ciuded i'm all cases in the disbursements.
The statement consists OF the actual
official figures OF receipts and disburse-
ments for the years 1900 and 1905 inciu-
sive, and shows that in these years the
act Of 1897 teXisting law produced a
surplus Of S42s, 55,2Z1. an average yearly
surplus OF s47.62s, 4ss"
Estimates by Treasury Experts.
Mr.. Aidrich explained that he arrived
al his estimates from data secured il
consultation with treasury experts.
Taking the present fiscal year for
example, first We have the actual fig
ures for nine and one-half months.
which are: Receipts. s4ss. o42. s73. dis
buTSements, 1888 956,s15, showing a de-
hcit OF s65,9i3,942," he continued Il
nave taken the disbursements of 1893. -
ss6.sl5 for nine and one-half months.
and estimated those for the succeeding
two and Cne-half months on the same
basis, reaching the result OF S674 50s. .
$50.
In making the estimates Of receipts
OF 1903, the actual receipts and disburse-
ments for the first nine and one-half
months being available, the figures for
the remaining two and one-haIf months
are based on those aseertained results
and indicate receipts for the year Of
S6O3,04',230- The figures show an esti-
mated deficit of s6s, 4s2. $50.
appropriations Already Made.
For the year 1910. the appropria-
tons have already been made and the
amount which win be expended can be
foretold with approximate accuracy.
In making the estimates for these ex-
penditures. have taken the gross appTo-
Nat 81 M e. no 100 D.
deducted the appropriations for the post
once department. S235. 000.OO0. the sinking
fund. S59-o01.009; the national bank FUND.
$4,000 ana the Panama canal expenses.
y5L09.O0 and have added the official es-
innate Tor the postal deficiency for the
year. S-o09o 90. showing a probable total
expenditure Of S70o.O0aO09.
IF the pending bill SHOULD become a
laW before the .slth of June next. the Gus
toms revenues for the entire fiscal wear
or 1910 would be collected under its pro-
visions. and the probable results constf-
tute the crucial point in our investigations.
Question of Revenue.
For the purpose OF ascertaininE the
relative revenue producing qualities Of the
senate bin and the act Of 1885,. the COM
mittee on finance has had prepared a
statement. which is laid before the senate
today. IL applies the rates Of the senate
bin to the importations Of 1907. We have
selected 1897 for the comparison. as this
was the last year in which the finances
and business OF the country were in a
normal condition.
The statement shows that If the senate
bill had been in force in 1897 the customs
revenue produced by IL would have beer
$4,000 greater than those collected un-
der the Dingley act. the total being s33a f.
10000 under the act Of 1897 and S3a0C0OlO0
under the senate bill
This Increase Of revenue is due TO ad-
Fances IN rates on few articles Of lux
due TO the substitution made in the bill
IN all cases where it was possible of spe-
cif1C for ad yalOrem duties. This viii pre-
vent differentiation and consequently in
crease revenues
Other changes will be included af-
fecting the comparative revenues.