| Show NEW TARIFF TARIFF LAW LA REVENUE GETTER Secy MacVeagh Regards It as Having Fully Justified Itself I t sd MAY PRODUCE A SURPLUS TUN 1111 4 Will Vl I I lit rl I i I or iii Ill iii lilt sl I levi I t vu Washington Juno Julio 26 Four days IR ro in romain main maln In III the y tar far will mcl tind with tho tha cloen of or hUll bust hUlln n flees a on Juno June M ao 30 Uncompleted figure nod al nt lit thle Ihle lit time le lOId leed d Seer Secy I Iw In ii express him sit elt n AS ae w well e ll with the tiene of the treasury department for tr forthe forthe the t h fiscal cal yest 1 i Mr Ih II I IX now flew tariff law la M nil having Justified itself ai as K I revenue product producer internal revenue revenuer r rO have lite lIa exceeded tho tha estimates H by hy 1 foul the tny fOnd with a aur lu In tho ho or nr In lii liiste JOt ste 11 oh or nf a deficit nelt lit or UH as wa was n predicted During the Ihn year the th tie him hll expanded l on out the th canal sa 38 Thin ThIe linn liec iteen 11 a R drain on the regular working h tt thOrn thero IM being IIII no special pedal fund from which pay ray payments meats ments for tor title thin purpose win Cn h b made IC this hUH authorized the tho of or bords bonol to 10 t Inal construction cx Ox 0 hut but Mr MR had hilA on the basIc 1 1118 on the th law I the Ih bonds berths hP he li Aud HU d If Jf At nt S 3 1 r rent cent nt R as It now flow p n I the Uie 1 tA 1 they would Huhl hav hR a much hotter better national bank circulation privilege than lhnn the th out t 2 p pot r rent mid 1 the their lr l suo would therefore I a 11 discrimination sen I net t the I 2 refused to the th tux tax on n lIt circulation honda and all the IhA bonds bond Tin Tue of fit 3 a Hl but hut not issued O In III hie hl report to tn In December SnO M IR h that IhA he I nil o f r Ih got gov government for Cn ni the lie fl Or year fir 1910 would h he be OM to date th they have hR gated Hn HI It tho rl 1 n at t Ir nt lit this file III tInt mount to f i h this Ihl j yiu nr have been t I for tor forth forth th year jp 1 ln Now the Ih pr 11 ll linn l I Ii they thy will not reach moro morn mol th Ih in to tints thiu falling ailing below tI tile Then Them has lum h b hn been n a material reduction from th the In expenditures In inthe th 1 the civil U war tsar r und naval nRal lImal and H ii of ot In the ha l lJ J I I hother there will b be 00 an actual cur sur surplus plus pili at the end 1111 of oC th the thA ye r officials ay a nd 1 upon tho amount of cor car corporation J tax tux money lUon Secy 11 estimated tt It would reah The h Imo nr tire roo other nine 10 The Jh mon money v t Li wM paid direct to In Int t n nu collectors and nod daR dac IRI It rN h till 1110 ii tre i here liere hp n taxes paul to elate lilt amount to lo 1 13 If It more tilt source ho ha In tho the of th the by b the end 1111 of or the nur the Ih prediction In Ia II that the dolly statements statement for tor next lay IV will Rho chow a surplus for tor forth torI th I tue year par In the thc items comprising the th roll nA r t disbursements The total deficit for tor the tho th year f to date dAto Including that on nn account of or the Pan Panama Panama ama tho th ordinary of If r the th and Id those these tho Incidental to I the th public debt I t |
