OCR Text |
Show TREASURY -SURPLUS THIS TEME. Notwithstanding the treasury estimated there would be a deficit of $34,000,000 in the last fiscal year, ended June 30, business proved so good that there was a surplus of $9,402,432 instead. The jcar before there was a deficit of nearly $59,000,000, so there has been a good gain. Most of the change is due to the larger receipts from the customs, cus-toms, under the new up-down tariff revision the increaso from this source being $32,000,000. The actual government disbursements for : the year were $659,652,348 not counting payments on the Panama canal, which are to be put back by bond sales. Practically two-thirds two-thirds of a billion dollars a year (not a billion) is therefore the cost of running the government, if anyone should ask you. |