Pine Bluff daily graphic., 1912-09-15
Watch Dogs of Nations Treasury Deny Reports of
 Threatened Privations.
TO EXTEND BIG SUM
But Revenues Are Constantly Com- ing in Increased Amounts
 Same Is Business House.

Washington, Sept 14.-In spite of | all the talk about the pli9at.ons | which must be endured by the Unit l d States as a result of the billion l dollar congress, adjourned last the men who guard the doors Of the country's treasure house, de- clare that there is absolute lack ot for any such alarm.
 They assert that the treasury is full of good, gold coin and plenty ot bullion, with bank notes piled high in the stacks and slit edged bonds in every vault. Although the Democrats pledged to the more rigid economy, passed appropriation measures which total more than a billion dollars, the treasury seems to remain full.
 Statistics show that the amount of gold coin and bulllcn actualy re posing in the vaults of the stately building, next door to the White House, is not only greater than evel before but twice as large as any amount ever amassed at one time by a nat or
 This is the season oT the tourists in Washington. They are here in hundreds and when they are taken into the treasury vaults by the guides they are permitted to look upon more real gold than ever King Croesus did in his palmiest days. One of the watchmen at the main vault of the treasury is something of Wit and the other day, he went about tell ing his friends that he had lost lls mind, and thought that he was King Midas. He declared that when he was at work he could touch nothing but gold. Some of his acquaintances called the mans attention to his ears and it was not until he discovered at tkey were not of the fabulous character os those of King Midas that the watchman came back to earth and decided that his imagina- ton rather than his brain was work ing overtime.
 At the end of last August. the to- tai of gold coin and bullion actuall! in the treasury amounted to httie less than a billion and quarter doi- lars in value. More than billion dollars of this is in gold coin. Oi this sum, $1,04S, ,000,0oo is held fol the redemption of outstanding golo certificates. The sum of $1ao,00o,o0t is in the reserve fund and is held for the redemption of United States notes and treasury notes. There Is s20, ,000 ,o0O in gold coin in the gen eral fund of the treasury.
 But this vast amount of money is cnv a handful compared to the ac- taal resources of the United States government. The amount of gold coin and bullion il the treasury might be compared 10 the money a man would carry around with him in his purse while the real resources of the nation are comparable to mans estate employing the samo equation
 Statistics made public last July show that the amount of money 0 all kinds at the command of the gov ernment is $3,276. .7S6,613. That even ti,is sum would give each man, wom- aa end child only d pittance of S34.26' This per capita apportionment is fig ured on the basis of populati ton in continental United States of 95,656- 900.
 Of course, the figures given repre- sent only what is actually at the command of the government at the present time. Much money is to be paid out to be sure, but the revenues are constantly coming i'll in lncreas- ed amounts. The. excise taxes ana duties on exports and imports run far tn into the millions every year. There are many different kinds of in.eJnal revenue.
 The government is conducted muc. the same as business house, only or course on more tremendous scale rban any corporation the world has get known.
 The government sells protection for taxes, on the world-old system It exacts a percentage from practically every activity known to man but Tn return it gives regulation and secur- ity..
 Taxes are not 50 heavy in this day and age as. they were formerly. be- cause thefe are so many more things 10 tax nat little on each commoa- it makes up for much on fewer things,
 1s,f.