The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1909-05-06
The National Revenues.

The anxiety of the trainers OF the
new tariff bill to provide an adequate
-evenue-rasing measure which will meet
the running expenses OF the Federal
Government and also overcome the
large deficiency may prove uncalled for
TO a great extent, after all. The nat
ural processes of renewed prosperity
in business throughout the country may
produce the revenue required for cur
rent expenses and cut down the deficit
TO insignificant proportions. Since April
!. for the first time in many months,
the Governments daily revenues have
exceeded its expenditures, leaving an
average daily surplus Of over $4,000.
The increase is due to the customs re-
ce1pts, while the returns from internal
revenue have shown slight falling off
from the corresponding period of last
year. The daily average receipts from
customs from Jan. l to April 10 were
SLOT .S6l, which is nearly up to the
receipts Of the same period in the pros
perity year of 1907, amounting to ST.
IA, SCI. and well ahead of the average
for 1908 in the same months, which was
only SS90,072 The returns from In
ternal revenue during the same period
have averaged S7J0.223, as against
$T73.OTS in 1903 and SS53,32O in 1907.
The decrease is thought to be due to
the growth of the prohibition or dry
lge daily total receipts from all sources
have been S2.0O7 $50. as against 81, S91.-
1874 in 1908 and S2,1S9, SIT in 1907. The
average total daily expenditure has
been $2,303,S 800, as against S2,266,4O0 in
1903 and S1,S55,500 in 1907. The en-
couraging feature, however. is the fact
that the daily defic has steadily d.
minished since Jan. l, when 1t was
S293.90O, to March 10, when it was
SOB, 200, and since April l the deficit
Las disappeared entirely, the average
daily receipts showing surplus of
S63,9J9. If this favorable showing con-
tinues until the end of the fiscal year.
June 80, the deficit Of $114,000,0O0 esti-
mated by the treasury experts at the
beginning OF the last session of Con-
gress, will be reduced within COMPARE
lively comfortable limits. and the in
creased revenues from the new tariff
bill as well as the general revival of
business activities which is sure to fol-
low the settlement OF the tariff ques-
ton, will in all probability put the Gov
eminent on its feet again.
There Is also another important fea-
ture to be taken into consideration
that is. the cutting off of many super
fiuous expenses for governmental COM
missions and the like. In a big and
growing country like this 1t is to be
expected that the legitimate demands
upon the national treasury will con-
stantly increase, and its expenditures
must necessarily correspond TO a large
extent with the nations growth But
unless all signs fall, the Taft admin
istration will give strict attention to
the curtai.ment of its expenses within
the narrowest possible limits, and 1t is
entirely probable that a new era In
economical government will be inaug-
urated. President Taft's thorough ex-
perience in administrative affairs In
the Philippines, with a small income to
meet a large Outgo, qualities him adj
mirably for his present task. which he
will no doubt discharge to the best
advantage observation-disclosures City
Journal