Ephraim Enterprise | 1908-07-03 | Page 4 | Uncle Samuel, Spendthrift.

UNCLE SAMUEL SPENDTHRIFT United States Spends More Than Comes Into Treasury Washington The The forthcoming of the treasury receipts and e expenditures for the fiscal year ending June 30 1908 will show a marked falling off in the receipts as compared with the year 1907 and a large increase in In the expenditures The excess of expenditures over receipts receipts re re- for tor year will approximate 60 which has been exceeded only twice since the civil war In 1894 there was a deficit and in 1899 there v as another of a little over and In each of the four Intervening ing years the receipts fell considerably considerably consider consider- ably below the disbursements A Again aln In 1904 and 1905 there were shortages short ages of and aUl re reo re- re The total receipts this year will be shown to have been about flOO OO 00 or less than for the fiscal year 1907 Customs receipts will be shown to have fallen off oft about from those of ot 1907 while the receipts from Internal revenue sources will be short nearly