Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1911-12-22
Economies Have Effected Cut
in Expenses of Various
Departments.
MONETARY REFORM IMPORTANT
President Hopes 1t Will Not Be Made
Subject of Party Politics--Sur-
plus in Postal Department
Attention Called to Canal
Matters-Postai Savings.

W & bOb. lAGluCCS anu Cui
rency reform are the subject of spe-
cial message to congress, which reads
in part as follows:
The financial condition of the govern
ment as shown at the close of the last
fiscal year. June 30, 1911, was very salts
factory The ordinary receipts into the
general fund, excluding postal revenues,
amounted to $701,372 ,374.99, and the dis
bursements from the general fund for
current expenses and capital OUTLAWS, ex-
GLIDING postal and Panama Canal dis
bursements. including the interest on the
public debt, amounted to. 1854, 81, 907. SO,
leaving a surplus of SAT, 234, 377.10.
The postal revenue receipts amounted
to 1921, S79, $3.50, while the payments made
for the postal service from the postal
revenues amounted to $237 $3.50, AS. which
left a surplus of postal receipts over dis
bursements of s219, II, the first time in
q years in which a surplus occurred.
The Understanding debt of the United
States June 80, 1911, amounted to s915.
1853 1870. Teh debt which interest had
ceased amounted to 1876, S3O.26, and the
debt bearing no interest, including green
backs, national bank notes to be redeem
ed. and fractional currency, amounted to
1886. ISL 917.43. a total of interest and
non-interest bearing debt amounting to
81, 1903 9S4, 1876
The actual disbursements, exclusive of
those for the Panama Canal and for the
postal service for the year ending June
30, 1911. were 1854, 1877, 997. SO. The actual
disbursements for the year ending June
30, 1870 exclusive of the Panama Canal
and the postal service disbursements,
were 1863. 705, 391 .0S, making a decrease Of
S., 56I 1898 in yearly expenditures in the
year 1911 under that of 1910. For the year
nn1inp IIpa 20 1919 the estimated p
Ccipts, exclusive of the postal revenues,
are $666, Geo. 600, while the total estimates,
exclusive of those for the Panama pay
able from the postal revenues amounted
to S65t, S42, 799. "a. This is a decrease in the
1912 estimates of 1854, 1922.
Tor the year ending June go 1913. the
estimated receipts, exclusive of the pos
tai revenues, are 1861, 600, 900, while the
total estimated appropriations, exclusive
of the Panama Canal and postal dis
easements payable from postal revenues,
will amount to $685., 800 $685.. This is a
decrease in the 1918 estimates from that
OF the 1912 estimates of 1921. $3.50.
As to the postal revenues, the eXpan-
sion of the business in that department,
the normal increase in the post office
and the extension of the service, will in
crease the outlay to the sum of $3.50, $685.,
1853; but as the department was self-sus-
tanning this year the postmaster general
is assured that next year the receipts
will at least equal the expenditures, and
probably exceed them by more than the
surplus of this year. 1t is fair and equit-
able therefore, in determining the econ
omy with which the government has been
run to exclude the transactions of a de-
partmcnt like the post office department,
which relies for its support upon its re-
Ceipts In calculations heretofore made
for comparison of economy in each year,
it has been the proper custom only to
include in the statement the deficit In the
of the treasury
calculation of the actual increase
In the expenses of government arising
from the increase in the population and
the general expansion of governmental
functions, except those of the post office,
for a number of years shows normal
Increase of about per cent. year. by
directing the exercise of great care to
keep down the expenses and the estimates
we have succeeded in reducing the total
disbursements each year
Efficiency and Economy in the Treas
ury Department.
In the treasury department the efficien-
cy and economy work has been kept
steadily up. Provision is made for the
elimination of 1874 positions during the
coming YEAR. Two hundred and sixty
seven statutory positions were eliminated
during the last year in the office of the
treasury in Washington, and IA POSITIONS
In the wear 19i0 making an elimination
of 542. statutory positions since March 1,
1909: and this has been done without the
discharge Of anybody. because the nor
NAL designations and deaths have been
eo,,al IN the elimination of the places, a
system of transfers having taken care
of the persons whose positions were
dropped out In the field service of the
department. too, 1859 positions have been
eliminated down to the present time ma
king n total net reduction of all treasury
positions to the number of 1901. Mean
time the efficiency of the work of the
department has increased.
Monetary Reform.
A matter of first Importance that will
come before congress for action at this
session is monetary reform. The con-
gress has itself arranged an early intro
auction of this great question through
the report of its monetary commission.
This commission was appointed to rec
ommend a solution of the banking and
currency problems so Ions confronting
the nation and TO furnish the facts and
data necessary 10 ehaole the coHSiSs1
TO take action.
7, order to do its work with thorough
MSS and precision this commission has
taken some time TO make Its report Inc
conntry is undoubtedly hoping for as
nron,pt action on the report as the con-
veniences of the congress can permit
The recognition of the gross Imperfect
tions and marked inadequacy OF our
banking and currency system even In oui
most quiet financial periods is or ions
standing. and later there has matured a
racornttion of the fact that our system
% responsibie for the extraordinary de-
vastation. waste and business paralysis
of our recurring periods of panic. Though
+be methods of the monetary COMMISSION
have for a considerable time been work
mo in the open, and while large numbers
of the people have been openly working
u,th them. and while the press mas large
" noted and discussed this work as II
has proceeded so that the report OF the
commission promises to represent ma
Yional movement the details or the re-
mort are still being considered can
not therefore do much more at this time
,h.n commend the immense Importance
Of monetary reform, urge prompt conslo-
Grafton and action when the commission
ranart Is received, and express my satis-
faction that the plan 10 De proposes
nyomjses 10 embrace main features that
ba,;nr met the approval of great pre-
nonderance of the practical and PROBES