| Show THE governments EXPENSES the talk regarding a treasury deficit at washington still goes on occasionally but not so BO persistently as a a short abort time ago especially during the cam laign the cause of the falling off lie is doubtless due to the fact that the ship of state has been gliding steadily along without encountering financial ur other breakers and this kind of thing naturally 1 I enough babets confidence the natural forerunner of a cessation of inquiry the government has paid its way flu au far meets all proper demands upon it with ready cash and there is not a merchant or other business man in the land but what would say that this at least in the case of an individual or house mount meant unquestionable solidity there is however a vast difference between the cases the national secretary of the treasury if he has the necessary ability and tact can always find sufficient available re ounces t to tide the government over any present or prospective shortage this of course having reference to a si situation tustin like the when we have no war on hand band and are not threatened with any the total receipts of the government for the last fiscal year were against an array ot or expenditures amounting to one treading uncomfortably close on the others heele the narrow margin of is utterly insignificant in contemplation of the whole sum or the needs of the country for a single year but in one sense it is all there is to draw ou on till the returns from another fiscal yar y ar or half year are in and thus have the calamity people a basis for their real or affected forebodings it should also be remembered that no account is made of the sinking fund in the fore going statement this being the amount necessary necee aary for the steady extinction of outstanding indebtedness but as that fund is a long way ahead of or immediately prospective requirements it need not betaken betoken into the account following is the fiscal statement of the year showing in what ways the money was received and disbursed six months six months receipts fiscal year 1893 fiscal year 1892 customs 60 83 88 internal revenue 36 86 60 miscellaneous 36 86 88 total receipts 82 32 81 expenditures civil and misael 21 69 59 war 95 93 86 96 navy 81 57 indians 61 63 46 total ordinary expenditures 64 98 pe pensions 0 72 16 interest 7 06 74 total expenditures 42 88 surplus revenue 90 48 the increase in i expenditures and that in receipts are thus seen to main tain a fairly even ratio the pensions pension item shows an advance much greater than some of those who look upon it that pensioners are atea steamily lily dying ow off will be ablerto able to understand the increase Is ie this being just offset by the advance in receipts for the current six months look at it as we may it is rather close sailing and a comparatively slight falling failing off on one side or increase on the other might make things fiscal at headquarters awkward it nothing more |
