Rensselaer Republican, Volume 27, Number 35, Rensselaer, Jasper County, 7 May 1896 — FIGURING ON THE DEFICIT. [ARTICLE]

FIGURING ON THE DEFICIT.

Officials Estimate the Total for the Fiscal Year Will Be $25,000,000. The treasury deficit for tne fiscal year ending June 30, 1890, will-be approximately $25,000,000. This, according to a Washington dispatch, is the opinion of officials and others best qualified to make an intelligent estimate of the result of the fiscal operations of the year. In his arihual estimates sent to Congress at the beginning of the present session, the Secretary of thfr Treasury estimated the receipts from customs during the fiscal year at $172,000,000. So far, with nearly ten months of the year gone, the customs re>ceipts have reachea about $137,000,000, with a fair prospect of increasing to $165,000,000 by the close of the year. The estimate of the receipts from internal revenue sources was $158,000,000. Up to this time they have reached $120,000,000 and It Is expected that the figures for the completed year will be about $146,000,000. The receipts from miscellaneous screes are expected to slightly exceed the estimates of $15,000,000, making the total receipts for the year about $327,000,000. The Secretary’s estimate of the year’s expenditures was $362,000,000, which, according to his figures, would lcavq,a deficiency of $17,000,000. £ The actual expenditures, however, It is now thought, will aggregate about $352,000,000, or $10.000,000 less than Mr. Carlisle’s estimate in December last, so that the deficit at the close of the year, it is believed, will not show any very material change from Saturday's figures, $25,162,423. This makes the total deficit for the three fiscal years ending June 30, 1896, $136,561,812. 'At an dfcrly hour in the morning the police discovered a house to be on firs at Columbus, O. By breaking in the door they rescued Col. John A. Keith, well known in State and national Grand Army of the Republic circles, who was asleep and almost suffocated by the smoke. Dispatches from Hudson bay report the arrival there of the crews of the fishing setroonars Wilhelmina, Mary and Ellen, which were lost on St. Patrick's night in . ths straits of Balie Isle, while engaged lnr seal fishing. Several of the men wew fpwt-bitten, but no lives wers lost