Show U. U S. S REVENUE SETS HIGH MARK W WASHINGTON ASH Aug 10 UP UP- UP Revenue is pouring into the federal treasury at the rate of ot more than dally the dally the heaviest mIdsummer midsummer midsummer mid mid- summer revenue reven e collections in hIstory history his hIs- tory official l figures revealed today Ordinarily a period of dwindling tax collections the treasury in the first 38 days of the current fiscal year which began July 1 took in total cash of This was more than triple the collections in the corresponding corresponding corresponding corre corre- period of oC 1932 It was 25 per cent ahead of ot the collections in the previous record record midsummer in 1919 Despite increased revenues the federal government found itself slipping still further from a balanced bat bal budget as current spending increased more rapidly than tax collections Approximately mat ly has been spent since July 1 J. by the federal federal federal fed fed- eral government or more than twice as much as as was collected in Iii reve reve- This left the treasury more than In the red ov over r I Ithe the last 38 days I Only in the midsummer of ot 1918 I when the country was was' at war have I expenditures for this time of the ye year r exceeded the tho current period Government officials ascribed the mounting revenue collections to higher tax rates and substantial in increase increase increase in- in crease in business activity Increased Increased In In- creased foreign trade trad is reflected in ina ina a a. sharp gain in customs custom duties and Panama canal tolls Beer and liquor tax ax collections have just crossed the month a mark |