The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1937-01-08
PNHI III
RECOMMENDATIONS

PART III
RECOMMENDATIONS
Temporary miscellaneous inter-
naI-revenue- taxes: recommended
that the Congress take steps by
suitable legisla ton to extend the
miscellaneous in tcrnal revenue
taxes which under existing law
will expire next June and July,
and also 10 maintain the current
rate of those taxes which would
otherwise be reduced next June.
consider that the revenue from
such taxes or its equivalent Is
necessary for the financing Of the
budget for 1888.
POSTAL RECEIPTS
The estimates of appropriations
for the postal service included In
the 1888 budget are predicated up
on the continuance during the
fiscal year of the 3-cent postage
rate for first-class mail other
than for local delivery. While the
government makes a profit on
first-cIass mail, the postal service
Is not self-suppOrting because 1t
carries other classes Of mail at
considerable loss, as shown in the
tabular footnote on page XIII.
It should be the definite policy
of the government 10 operate the
postal service out Of postal re-
ccipts, and a continuation of the
Scent rate will be necessary step
toward the accomplishment Of this
purpose.
CONSERVATION CORPS
The Civilian Conservation Corps,
has demonstrated its usefulness
and has met with general public
approval. 1t should be continued.
/ intend shortly TO submit sup
Elemental estimate of appropria-
ton to carry the corps from March
81, 1887, TO the end of the cur
rent fiscal year; and i strongly
recommend that Congress enact
during Its present session the
necessary legislation TO establish
the corps as a permanent agency
Of the government.
EMERGENCY AGENCIES
There are included in the 1898
budget, pursuant to the direction
of Congress at its last session,
estimates Of appropriations for the
administrative expenses Of certain
emergency agencies and corpora
tions. Such of the emergency
agencies and, corporations as may
be continued by Congress should
have all Of their expenditure re-
quirements made subject to the
same scrutiny that Is given by the
Bureau Of the budget TO the ex-
penditure requirements Of the re-
gular departments and establish
ments; and I recommend that
provision TO that effect be in
cluded in any future legislation
for the continuance Of any such
agency or corporation.
Review of the fiscal years 1886
and 1887, and the fiscal pro-
gram.
This review concerns itself with
the cash actually received and
paid out by the treasury in the
fiscal year 1896, with the esti-
mates Of receipts. and exDendi-
lures for the fiscal year 1887, and
with the fiscal program for 1888.
FISCAL YEAR 1896
Receipts.-Treasury receipts for
the year ended June 30, 1896.
amounted to $4,115,956.6f5, about
$295, 900, 900 less than estimated a
year ago. As q result of supreme
court decisions, the government
lost about S457, 100000 In revenue
from taxes levied under the Agri-
cultural Adjustment Act and the
bituminous Coal Act. Had II not
been for the invalidation of these
taxes, the total revenues received
during the fiscal year 1886 would
have exceeded the revenue esti-
mates Of a year ago by $162,000,-
900.
The collection Of taxes on car
riers and their employees, esti-
mated at $33,OOO,O 900. has been de-
ferred to the fiscal year 1887 be-
cause Of pending litigation. The
receipts from income taxes were
about $7.5O0,O0O less than last
years estimate.
On the other hand, miscel-
laneous internal-revenue taxes
produced $136.488,OO0 more than
was anticipated; customs revenue,
S33,g21 900 more; miscellaneous
receipts. $;.,053,000 more; and
realization upon assets. s1,4s3, 900
more.
EXPENDITURES
The total expenditures for the