Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1910-12-06
Estimates For Next Years Expenses.

Estimates For Next Years Expenses.
The final estimates for the year end
ing June 80, 1912, as they have been
sent to the treasury on Nov. % Of this
year for the ordinary expenses OF the
government, including those for pub
; lie buildings, rivers and harbors and
the navy building program. amount to
SG30,494 ,013.1o. This is S52,9G4, SST 3G
less than the appropriations for the
fiscal year ending June so, 1911. 1T IS
1C,SS3, 1894 less than the total esti-
mates, including supplemental esti-
mates submitted to congress by the
treasury for the year 1911, and is So
5T4, G59.39 less than the original est-
mates submitted by the treasury for
1911.
These figures do not include the ap-
prorriatons for the Panama canal, the
policy. in respect 10 which ought to be
and is to spend us mlch each year as
can be economically and effectively eX-
pended in order 10 complete the canal
as promptly as possible, aud there
fore the ordinary motive for cutting
down the. expense of the government
does not apply to appropriations for
this purpose. 1t will be noted that the
estimates for the Panama canal for
the ensuing year are more than S36,-
100000, an increase Of S20,OOO,0O0
over the amount appropriated for this
year, difference due TO the fact that
the estimates for 1912 Include some
thing over $l9.000,000 for the fortitica-
ton Of the canal.
Against the estimates of expendi-
lures, $G30.4j4,0l3.12. we have esti-
mated receipts for next year $780,
100000, making probable surplus OF
ordinary receipts over ordinary ex-
pcnditurcs Of about SJ0,000,OGo. or,
taking into account the estimates for
the Panama canal which arc S5G,92O.-
SIT.G0 aud which will ultimately be
paid in bonds, il will leave 4 deficit
for the next year OF about SIOOo.000
IL congress shall conclude to fortify the
canal. Tho cost Of the Notifications
no appropriations this year for fortiii
cations then there would be, even in
Guiding the Panama canal approprla-
ton, surplus Of about S12,000000.
1t is not essential to the preventing
Of smuggling that customs districts
should be increased i'll number. The
violation Of the customs laws can be
quite as easily prevented ana much
more economically by the revenue cut
ter service and by the use OF the spc-
clal agent travelling force of the treas
ury department.
Very great improvements have been
made in respect 10 the minis and as
say Offices. Diminished appropriations
have been asked for those whose con.
tinuance is unnecessary, and this
years estimate Of expenses is $4,000
less than two years ago.
In the bureau Of engraving and
printing great economies have been
effected. Useless divisions have been
abolished, with the result of saving
$4,000 this year in the total OK
penses OF the bureau despite increased
business.
Revenues.
AS the treasury department is the
one through which the income of The
government is collected and its cXpend-
lures are diSburscd this seems Il
proper place 10 consider the operation
OF the existing tariff bill. which be
came q law Aug. 6, 1909. As an III.
come producing measure the existing
tariff bill has never been exceeded by
any customs bill in the history of the
country.
The corporation excise tax. propo"
toned to the net income of every bus
ness CORPORATION in the country. has
worked we'll. The lax has been c:lSily
collected. IFS prompt payment Incl
Gates that the incidence Of tllc tax la
not been heavy. 1t offers, moreover
an opportunity: d5r knowledge by H."
government ruf tie general condition
and business Of ff' corporations, anh
that liieIns by far rho most important
part Of the business OF The country. ~
the original act provision was made
for the publication of returns This
provision was subsequently amcul";!
by congress ana the matter left to the
regulation OF the president. have iii.
rcctcd the Issue Of the needed rcgula
lions and have made it possible for the
H.. I-,Sn r Il nN
animation Of the record the returns ri
all corporations the stock OF which i
listed on any public stock exchange or
is offered for sale TO the general pub
lie by advertisement or otherwise. Tn"
returns Of those corporations whn'"
stock Is not 50 listed or offered To-
sale are directed 10 he open TO the u
spcction ana examination of creditors
and Stockholders Of tho corporation
whose record is sought. The returns
of all corporations are subject TO IN"
inspection Of any government officer. or
TO the examination Of any court. N
which the return made 10y the corpora
ton is relevant and competent evi
dcncc.
The Payne Tariff Act.
Tho schedules Of the rates OF duty
in the Payne tariIl. nct larc been sub
jcctcd TO y great deal. of criticism
some of it just. more Of il unfound";l.
and to much misrepresentation Tie
act was adopted in pursuance Of i
declaration by the party which is ~
L IL llill