Show message president message to the special session of joeress Jon ress related entirely to the tariff and consisted ofa brief yet concise statement of the financial condition of the country he shows by the reports of the secretary of the treasury that the revenues for the fiscal year ending june from all sources were and the expenditures for all purposes were leaving an excess over expenditures of daring that fiscal year was paid upon the public debt which has been reduced since march and the annual interest charge decreased the receipts of the government from all sources during the fiscal year ending june amounted to and its expenditures to showing an excess of receipts over expenditures of since that time the of no fiscal year and with but few excel tiona of no mon any fiscal year have exceeded expenditures receipts of the government from all sources during the fiscal year ending june 30 1894 were and its expenditures leaving a deficit the first since the resumption of payments of notwithstanding there was a decrease of m the ordinary expenses of the government as compared with the previous fiscal years its income was still not sufficient to provide for its daily necessities and the gold reserve in the treasury for the redemption of greenbacks green backs was drawn upon to meet them bat hie did not suffice and the government then resorted to loans to replenish tb reserve in february 1894 of bonds were issued and in november following a second esaue of was deemed necessary the sum of was realized by the sale of these bonds but the reserve was steadily decreased until on february a third sale of bonds for was announced to congress the receipts of the government for abe fiscal year ending jane were and the expenditures showing a deficit of A farther loan of was negotiated by tho government m february 1896 the rat netting and swelling the aggregate of bonds issued within three years to for the fiscal year ending june 30 1896 the the revenues of the government from all sources were while its expenditures were aa excess 0 expenditures over receipts of in other words the receipts for three fiscal years ending june were insufficient by to meet the total expenditures nor has this condition since improved for the first half of the present fiscal year the receipts of the government ern ment exclusive of postal revenues were and the expend iturea exclusive of the postal service or an excess in expenditures tures over receipts of in january of this year the receipt exclusive of the postal rev a deficit of for the month in february of this year the receipts exclusive of the postal revenues were and expenses of the government exclusive of tho postal service a deficit of 4 or a total deficit of for three years and eight months ending march Noto ply are a surplus in the treasury continues the with an increase of the public debt there has been a corresponding increase in creaso of the annual interest charge from in 1892 the lowest ot any year since 1862 to in or an increase of I 1 congress is urged promptly kocor i the existing conditions as thus shown by the reports by passing a 1 protective measure in thus raising revenues the home market may be preserved for our producers and manufactures will be revived the imperative demand of the hour the president is the prompt enactment ot such a measure |