Democratic Sentinel, Volume 15, Number 3, Rensselaer, Jasper County, 6 February 1891 — A DEFICIENCY. [ARTICLE]

A DEFICIENCY.

The large surplus in the United States treasury at the beginning of the present administration haß been wiped out and a large deficiency now stares the people in the face. Senator Carlisle has prepared a statement of the squanderings of the surplus, for the February Forum. In brief it is this: At the beginning of the Harrison administration, March 4, 1889, the cash balance in the treasury amounted to $150,000,000. At the end of this fisoal year, June 30, 1891, there will be a deficit of sl4 000,000; and at the end of next fiscal year, June 30, 1892, a defioit of $84,000,. 000. Senator Carlisle’s conclusion is this: “It is the confirmed and inourable habit of the party now in power to dispose of the public money in a wasteful and extravagant manner, and there is no reason to suppose that it will cease to pursue this oourse until the treasury is exhausted. What Was two years ago the richest public treasury in the world, will be substantially bankrupt long before the term of the present administration expires. ”