Jasper County Democrat, Volume 5, Number 35, Rensselaer, Jasper County, 6 December 1902 — UNCLE SAM’S ACCOUNTS. [ARTICLE]

UNCLE SAM’S ACCOUNTS.

Secretary Shaw Tells About the Nation’s Financial Condition. Uncle Sam took in something over $684,000,000 during the last fiscal .year. This neat little sum came from a good many million people, who dug down into their pockets to keep Uncle Sam in business—and a very good business the old gentleman appears to have done, judging from report of Secretary of the Treasury Shaw. The government paid out during the same period about $593,000,000. Therefore, the profit to our national uncle was $91,000,000. Of course, there was use for this profit, and Uncle Sam used it in getting further out of the hole —in other words, reducing the public debt, which is about $1,000,-. 000,000. The fiscal year ended June 30. The detailed report of money received (by warrant) is as follows: Prom internal revenue .$271,880,122.10 From customs 254,444,708.19 From profits on coinage, bullion deposits. etc 10,979,500.57 From i-evemu s of tin- District of Columbia 4,217,841.43 From sales of public lands . . 4,144,122.78 From fees—Consular, letters patent, aßd lands 4,085,229.87 From navy pension, navy hospital, clothing, and deposit funds 2.019,850.25 From Indian labor, sales of Indian lands, etc 1,775,832.03 From tax on circulation of national bunks .“.... 1,043,454.73 From payment of Interest by I’aclnc railways 1.504,554.71 From sales of government property 829.314.15 From customs fees, lines, penalties. etc 528.971.3 S From immigrant fund 747.217.15 From miscellaneoiis 556,153.94 From soldiers' home permanent fund 530,045.62 From judicial fees, fines, penalties, etc 334,233.95 From sales of ordnance inn terlal and powder 330,438.53 From deposits for survevlng public lands 316,579.23 From sale of naval vessels and army transports 318,948.08 From sale of lands and buildings 272.422.72 From tax on sealskins 231,821.20 From trust funds, department of state , . 222,001.94 From depredations on public lands 107.995.58 From license fees, Territory of Alaska ................. . 95.Mt5.01 From postal service 121.848.047.20 Total receipts ....; 8084,320,280.47 For the same period the expenses of the govc ninent were. From tlte civil establishment. Including foreign Intercourse, public buildings, collecting the revenues. Dis trlct of Columbia, and other «. miscellaneoiis expenses ... .8111.007,171.39 For the military establish -tnent, Including rivers and harbors, forts, arsenals, sencoast defenses. and ex penses of the war with Spain and in the Pliilippines 112.272.216.08 For the naval establishment. including const ruction of new vessels. machinery, armament, equipment, improvement sit navy yards, and expenses of the war with Spain and in the Philippines " <‘>7.803.128.24 For Indian aervice 10,049,584.80 For iicnsions 138,488,559.73 For interest on tin- public debt, 29.108,044.82 For detieiencj’ in postal revenues 2.402.152.52 For postal service 121.848,047.26 Total cxpemUtures $593,088,904.90 Showing a surplus of $ 91,287, 375.57 The total of securities redeemed was about $70,000,090. ('ompared with the fiscal year previous the receipts decreased $14,990.45. but the expenditures decreased $5.8.776,495.51. Tlte first quarter of the new year was marked by an increase in customs, offsetting, the reduction in internal revenue caused by the new statutes. From the occupation of the Philippines to Sept. 15 last, an aggregate of $27,331,050 in American money was sent ‘here for government disbursements. The parity of till kinds of currency has been maintained. Paper currency is gaining in simplicity. The treasury has been able to meet all demands for currency without restriction. The number of national banks in < peration Oct. 31. 1902. was 4,678, with an authorized capital of $713,435,695. The accumulated surplus and undivid ed profits of the banks was $495.610.,5trt. The amount of the interest-bearing debt outstanding on Julv 1, 1901, was $987,141,040. The marked characteristics of the foreign, commerce of the United States during the fiscal year were a decrease of $106,000,000 in exports and tin increase of $80,000,000 in imports. The total exports of the vear were $1,381,719,401. of which $1,.’155,481.861 was of domestic production. The total imports were $903,320,948. The decrease in exports was chi div due to home demand, to the shortage in th<‘ corn crop of 1901, and to a reduction in the prices of certain staples exported. The unusual demand at home for iron and steel caused a heavy reduction—nearly sl9,tMH»,OOO—while the fniluce of the 1901 corn crop caused a falling off of S67.OOO,<HHi. Tho receipts of the governiKcnt from revenue ou distilled spirits were $121,138.13; from fermented liquors, s72,<hh»,000; from manufactured tobacco. $52.000,000; from oleomargarine, s3,ooo,<hh>; legacies, etc., $5,000,000. During the year there arrived sit United State* ports 648,743 aliens as steerag-j passengers and 82,055 ns cabin passengers. No record is kept of those coming from Mexico nnd Canada, except those who <'ome within one year of their arrival in those countries from foreign lands. The eoimtry furnishing tho largest number of immigrants was Italy, wi'h 184,683. Austria-Hungary furnished 175,900, and Russia and Poland 109JHHI. Secretary Shaw says that recent events justify the conclusion that the present banking system is imperfect? John Drake, who has served just twen-ty-four years in prison for murder, was pardoned by Gov. Stanley of Kansas. Drake was convicted in Dickinson t'utility in 187.8, nml seuteneetl to hone, which means life imprisonment in that State. The safe in the postofflee at Bucklin, Mo., wus Idown o|s>n with nitroglycerin. The robbers got $1 in cash nnd notes to the vulue of about $5,000. As a result of his campaign work Kecrstnry of Agriculture Wilson was laid u|> for several days with a neuralgic cold.