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Show THE TREASURY SITUATION Prcllm'nnry figures show that ordinary ordi-nary receipts exceed expenditure! during the fiscal yenr 1914 by $33,-7S4.4D2, $33,-7S4.4D2, ns compared with $39.S32.90& for the fiscal ychr 1914, a fall ng off of over $0,000,000 In spite of an fn- como tax of -71,38C,1GC. Tho to 'H celpts from customers were $26,000,- '-H 000 less. Tho showing, whllo n fairly fl good ono from tho administration MM standpoint, fo cshadewn large reflclta 'In coming years when tie tariff law ! shall be In fu'.l operation, 'There Will '! not only bo some $50,000,000 loss, in f sugar revenues end' additional losses H In customs and Intcrnnl revenue, but WvM largely fncrensed expenditures as JB well. Including tho Pnnnmh' Canal .'jH payments, the government rrn about' even this jear, ns it did last end in all futuro years, so long ns the pro-, ' sent Free-TrTtde tariff Is in operation, ij nnd tie Income tax will have to bo MH r lncreneed or there must be n resort -i |