Marble Hill press. (Marbel [sic] Hill, Mo.) 1881-1923, 1911-12-28

mcht SHOWS Surplus-Cut IN tk
penses Shown.
Washington,-A special message on
the subject OF finances Was read to
congress A synopsis follows:
The financial condition OF the govern.
mcnt. as shown az the close Of the last
fiscal year June ~. 1911. was very salts.
factory. The ordinary receipts into the
general fund, excluding postal revenues,
amounted 10 I,Ol 81 3it ~. and the dis.
bursemcnts from the general fund for
current expenses and capital OUTLAWS ex.
! Guiding postal and Panama Canal dis
hursements, including the interest on the
/ public debt, amounted 10 SSi. ST.. -; -
leaving surplus OF 81. s9I a;1.lO
The postal revenue receipts amounted
! TO s.a,,S's 81 ~, while the payments made
| Tor the postal service from the postal
revenues amounted 10 seg1 Cd. 706t u, which
left surplus " postal receipts over dis.
! bgrsemeRts OF El9 rs u, the hrst time in
u years In which surplus occurred
The interest bearing debt Of tho United
states june ~ 1911, amounted 20 siS.-
,sa,lN Teh debt on which interest had
ceased amounted 10 s. $50 80 - and the
| debt bearing no interest including green
backs, national hank notes 10 be redeem
ed, and fractional currency. amounted 20
$3.50, ''lsl713. ~ a total Of interest and
h'n-inierrst bearing debt amounting TO
81 aS g>t. 80, -
The actual disbursements exclusive os
those for the Panama Canal ana for the
postal service for the year ending June
81 1911. were $50 n, ga- " Tho actual
disbursements Tor the year ending Jun.
" 1910, exclusive u the Panama canal
ana the postal service disbursements
were $3.50 1@ &l oN. making decrease Of
SH,, &S ~ IN yearly expenditures In the
year 1911 under that NJ 1910. For the year
ending June ~ igi. the estimated re-
reipts. exclusive ~ the postal revenues.
are NtG,@" 90, while the total estimates.
exclusive Of those for the Panama pay
able from the postal revenues. amounted
to 1854 80 79S n THIS Is a decrease I'm the
1912 estimates OF si.534 ~ 20
For the year ending June 70. 1918 the
estimated receipts exclusive OF the nos.
tai revenues. are So, 80 40. while the 4
total estimated appropriations exclusive /
~ the Panama Cana and postal dis
easements payable from postal revenues
VIII amount to t1- 90 ~7gG This is
decrease In the 1918 estimates from that
~ the 1919 estimates OF s scl. gwss
As 70 the postal revenues. the evpan-
sion Of the business IN that department..
ne normal increase IN the post office
and the extension ~ the srrytte v.u 40,
ereaso the outlay a. tho s,,, -, sss5 .,s
'f3 but "a the s.part-,,,t ,va. 81, 80.
tanning this wear The r,str,asto- -
Is assured tina, r.y, 80 ~. .
VII AZ least equal the expenditures, and
probably exceed them hv more than the I
surplus ~ this year II is fair and eauit.
lhle therefore in deter,plg,o, ,ha -
amy with u,A,.h ,re ,,,.r.,,,t,,. ~ ~.
-a-. to exclude ne 'ranssrtlars ~ a.
0artrent Ike the post orfee DEPARTMENT
'hlrh ROLES fnr its supper, upon IS re-
''Pts. In calculations heretofore made
"r comparison az economy tn each vaar
: has been the rreper custom orl,. ~
arlu3" Ia 'he statement the deficit IN The
.Hsf Office department which vas paid ont
4 the treasury
In the trr L~Lry department the efHass-.
and economy work has been kent
'cat'y H0 Provision II made for the
Inn nation OF iat positions during a..
om'uS wear Two hundred ard sivfv.
even statufar" positions we're eliminated
urlng the last wear In The afaee ef the
rrasg~y N Washington. and Ia positions
e tha Near 2a-4, making al elimination
"a. statutory positions since March 4
~ and this has been done without a..
tsrharga of anybody. because the NJ.
0tt designations and doaths have boon
5usl to the elimination ~ the places Il
stem of transfers having fzAru rsrr
Z the persons whose positions varr
rapp@d ont In the a,It service 81 ~.
apartment, too. -Eg positions have h,a-
im mated down go the present time. ma
tag q total net reduction ~ all treasury
Hslnns to the number ~ 7 SOL Nom.
w" the efficiency ~ the work az the
rpartmcnt h7s uErc8se8
Monetary Reform. ,
4 rratter # first fr,-,.r..-.., ~, -,
.rae before ro~yraes r,.r .-,f,r w." ,
,ssiar a monetary ~af,r-, M d
-esS has its.lf ARRANGED g, III. e. !
lrtior OF tt.s r-nat 1fia.,t... -. 80. r
,a rerort 81 frs roost,r.. ...,,.,.ts... I
HE commission yres e.,.,sr,..., 1
amend A solution NJ ~. hacEtn, ~,
lrrerrv prohI,rns On l,rs, .,tre-t - :
L. nation ana N rarrish 80 /,
,ta necessary IN enable ,ha .-,,.,.' "a ~ a
take a~tlon 's' n
In order IN do its work ot,,. ,,...-,..,. +
IS and rrarfsien ttia r,,.,,t,,.t s" W. q
ken Some fir7a tn ,4gk, a.. -. - - h
untrv is untoubt.dIv ha,,tnr ~. +