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RECEIPTS AND EXPENDITURES, 1891-1893.

(FROM THE TREASURY REPORTS.)

RECEIPTS AND EXPENDITURES.

Fiscal year 1891,

The revenues of the government from all sources for the fiscal year ended June 30, 1891, were:

From customs..
From internal revenue.
From profits on coinage, bullion deposits, and assays.
From sales of public lands.
From fees--consular, letters-patent, and land
From sinking-fund for Pacific railways..
From tax on national banks..
From customs fees, fines, penalties, and forfeitures.
From repayment of interest by Pacific railways.
From sales of Indian lands.
From Soldiers' Home, permanent fund.
From tax on seal-skins..
From immigrant fund.
From sales of government property,
From deposits for surveying public lands.
From Nashville and Chattanooga Railroad Company
From sales of ordnance material..
From sales of condemned naval vessels.
From depredations on public lands.
From the District of Columbia.
From miscellaneous sources.
From postal service.....

Total receipts...

$219,522,205.23 145,686,249.44

7,701,991.82 4,029,535.41 3,019,781.84 2,326,359.37 1,236,042.60 966, 121.82 823,904.04 602,545.38 308,648.34 269,673.88 292,271.00 259,379.05 131,422.80 500,000.00 122,668.01 78,037.36

55,905.83 2,853,897.74 1,825,806.35 65,931,785.72 $458,544,233.03

The expenditures for the same period were:

For the civil establishment, including foreign intercourse, public build

ings, collecting the revenues, deficiency in postal revenues, rebate of tax on tobacco, refund of direct taxes, French spoliation claims, District of Columbia, and other miscellaneous expenses.

$110,048,167.49 For the military establishment, including rivers and harbors, forts, arsenals, and sea-coast defenses..

48,720,065.01 For the naval establishment, including construction of new vessels, ma

chinery, armament, equipment, and improvement at navy-yards... 26,113,896.46 For Indian service

8,527,469.01 For pensions

124,415,951.40 For interest on the public debt.

37,547,135.37 For postal service......

65,931,785.72 Total expenditures...

$421,304,470.46 Leaving a surplus of

$37,239,762.57

.....

137

To this sum was added $54,207,975.75, deposited in the Treasury under the act of July 14, 1890, for the redemption of national bank notes; $9,363,715 deposited during the year on the same account; $3,810 received for four per cent. bonds issued for interest accrued on refunding certificates converted during the year, and $34,132, 372.16 taken from the cash balance in the Treasury, making a total of $134,947,635.48, which was applied to the payment of the public debt, as follows:

Redemption of

Bonds, fractional currency, and notes for the sinking-fund, includ-
ing $3,800,086.28 premium paid on bonds.

$47,866,197.65 Loan of 1817.

300.00 Loan of July and August, 1861.

21,100.00 Loan of 1863

100.00 Loan of 1863, continued

300.00 Five-twenties of 1862,

150.00 Five-twenties of June, 1864.

10,650.00 Consols of 1865

15,850.00 Consols of 1867.

35, 450.00 Consols of 1868

20,050.00 Ten-forties of 1861.

11,500.00 Funded loan of 1881.

5,000.00 Funded loan of 1881, continued

7,800.00 Loan of 1882...

60,200.00 Bounty land scrip.

100.00 Old demand, compound interest, and other notes

5,055.00 National bank notes

23,553,298.50 Purchase of Funded loan of 1891.

30,286,150.00 Funded loan of 1907.

26,507,250.00 Premium on funded loan of 1891

135.99 Premiumn on funded loan of 1907.

6,540,998.34 Total....

$134,947,635.48

As compared with the fiscal year 1890, the receipts for 1891 have fallen off $5,418,847.52, as follows:

Source.

Increase.

Decrease.

Net decrease

Postal service.
Internal revenue.
Nashville & Chattanooga R R. Co.
Sinking-fund for Pacific railways.
Sales of Indian lands...
Repayment of interest by Pacific railways
Consular fees...
Sales of ordnance material,
Siles of condemned naval vessels,
Sales of government property
Immigrant fund.
Revenues of the District of Colulabia
Depredations on public lands.
Deposits for surveying public lands.
Tax on seal-skins,
Miscellaneous items.
Customs
Profits on coinage, assays, etc.
Sales of public lands.
Registers' and Receivers' fees.
Custom-house fees...
Customs emolument fees,
Tax on national banks.
Fees on letters-patent
Customs fines, penalties, etc.

Total

$5,049,687.80
3,079,513.63
500,000.00
483,794.85
230,257.23
118,212.52
112,185 47
82,301.71
77,096.89
67.255.06
50,807.00
44,766.81
20.053.16
19,108,01

7,173.88
206,859.66

$10,146,379.31

2,515,252.43
2,328,737.10

196,730.03
179,885.43
129,118.85
65,283.98
42,365.92

24,1.98.42
$10,209,103.98 $15,627,951.501 $5,418,847.52

RECEIPTS AND EXPENDITURES, 1891-1893.

139

There was an increase of $57, 636, 198.14 in the ordinary expenditures, as follows:

Source.

Increase.

Decrease.

Net increase

$436,874.00

16,542.00 380,439.00

92,556.00 35,052,00 45,711.00 139,948.00 332,645.00

770,082.00 11,521,497.00 3,039,763.00 1,983,830.00

44,611.00 102,546.00 30,052.00 87,688.00 433,872.00 476,433.00 218,363.00

169,378.00 1,085,240.00

305,780.00

21,796.00

357,559.00

462,401.00 4,938,333.00 1,081,000.00

25,445.00

184,351.00

CIVIL ESTABLISHMENT. Legislative

Salaries and expenses. Department of State

Salaries and expenses.

Foreign intercourse..
Treasury Department-

Salaries and contingent expenses
Independent Treasury
Mints and assay offices.
Territorial governments.
Salaries and expenses, internal revenue..
Rebate of tax on tobacco.
Refund of direct taxes..
Repayme't to importers excess of deposits
Debentures or drawbacks, customs.
Miscellaneous items, customs.
Lighthouse establishment.
Coast and Geodetic Survey
Bureau of Engraving and Printing
Court-houses, custom-houses, etc.
Sinking fund, Pacific railroads
Expenses of Treasury notes of 1890.
World's Columbian Exposition.
French spoliation claims.

Miscellaneous items..
Navy Department-

Salaries and expenses.
Interior Department-

Salaries and expenses.
Public lands service..
Expenses of Eleventh Census,

Colleges for agricult're and mechanic arts
Post-Office Department-

Salaries and expenses. Department of Agriculture

Salaries and expenses. Department of Labor

Salaries and expenses.
Department of Justice-

Salaries and expenses.
Fees of supervisors of elections
Special deputy marshals at elections..
Judgments, U. 8. Courts..

Salaries and expenses, U. S. Courts.
Executive Proper-

5,757.00

39,220.00) 371,358.00 34,785.00

60,091.00 1,398,298.00

Salaries and expenses. District of Columbia

Salaries and expenses.
War Department-

Salaries and Expenses
Post-Office Department-
Postal Service,
Total Civil Establishment.

MILITARY ESTABLISHMENT.
Pay of the Army.
Pay and bounty claims
Subsistence of the Army
Transportation of the Army.
Regular supplies, incidentals, etc.
Ordnance service.
Forts and fortifications.
Rivers and harbors.
Signal Service...
Artificial limbs and appliances..
Official records of the rebellion.
Homes for disabled volunteer soldiers.
Damages by improvement of rivers.
Refunding to States war expenses.
Supplies taken by the Army (Bowman act).
Miscellaneous items.
Medical department.
Military posts.
Relief of sufferers from flood.

Total Military Establishment.

$11,648.00

41,909.00

6,465.00

2,024,373.00
$30,729,306.00 $2,084,395.00 $28,614,911.00

$378,725.00
531,651.00
203,481.00
613,169.00
178,90.00
195,634.00
208,680.00
513,189.00
177,327.00
327,117.00

98,791.00
518,569.00
158,294.00
210.236.00
75, 182.00
93,475.93

$32,660.00 207,890.00 135,000.00 3:375,540.00 $4,137, 126.93

$4,512,766.93

[blocks in formation]

For the present fiscal year the revenues are estimated as follows:

From customs
From internal revenue.
From miscellaneous sources.
From postal service..

Total estimated revenues.

$185,000,000.00 152,000,000.00 25,000,000.00

71,000,000.00 $ 133,000,000.00

The expenditures for the same period are estimated as follows: For the civil establishment.

$100,000,000.00 For the military establishment.

46,000,000.00 For the naval establishment

32,000,000.00 For the Indian service.

12,000,000.00 For pensions....

125,000,000.00 For interest on the public debt

23,000,000.00 For postal service.....

71,000,000.00 Total estimated expenditures..

$109,000,000.00 Leaving an estimated surplus for the year of..

$24,000,000.00

The following is a statement of the probable condition of the Treasury at the close of the present fiscal year, June 30, 1892: Cash in the Treasury July 1, 1891, including gold reserve.

$153,893,809.83 Surplus for year, as above.

24,000,000.00 Deposits during the year for redemption of national bank notes.

3,000,000.00 Total amount available.....

$180,893,808.83 Less

Redemption of national bank notes during the year.. $16,000,000.00
Redemption of bonds, interest notes, and fractional
currency to November 1, 1891.

20,911,163.00 Redemption of same items during remainder of year. 4,254,500.00

$11,165,663.00 Cash balance available June 30, 1892.

$139,718,145.83

Fiscal year 1893.

It is estimated that the revenues of the government for the fiscal year 1893 will be: From customs.

$195,000,000.00 From internal revenue

168,000,000.00 From miscellaneous sources...

22,000,000.00 From postal service...

80,336,350.44 Total estimated revenues.

$455,336,350.44 The estimates of appropriations required for the same period, as submitted by the several Executive Departments and offices, are as follows: Legislative establishment.

$3,492,089.95 Executive establishmentExecutive proper..

$113,850.00 State Department.

166,510.00 Treasury Department.

9,108,386.10 War Department.

2,247,178.00 Navy Department.

416,920.00 Interior Department.

5,202,924.00 Post-Office Department

923,360.00 Department of Agriculture.

3,360,995,50 Department of Justice.

184,750.00 Department of Labor.

175,470.00

$21,930,343.60 Judicial establishment.

692,600.00 Foreign intercourse.

2,138, 166.14 Military establishment.

26,299,170.77 Naval establishment.

26,365,654.75 Indian affairs.

8,603,677.76 Pensions

147,064,550.00 Public WorksLegislative

$1,041,885.00 Treasury Department

3,125,479.95 War Department.

13,208,393.00 Navy Department.

828,985.05 Interior Department.

290,665.00 Department of Justice.

5,800.00

$18,501,208.00 MiscellaneousLegislative.

$3,076,141.86 State Department.

3,000.00 Treasury Department

9,779,081.90 War Department.

5,501,861.60 Interior Department.

3,928,821.00 Department of Justice.

4,765,787.60 District of Columbia.

5.602,125.17

$32,656,822.13 Postal service.....

80,323,400.51 Permanent annual appropriationsInterest on the public debt.

$26,000,000.00 Refunding-customs, internal revenue, etc.

17, 131,200.00 Collecting revenue from customs

5,500,000.00 Miscellaneous

24,300,680.00

$73,231,880.00 Total estimated appropriations, exclusive of sinking-fund... $441,300,093.61 Or an estimated surplus of.

$14,036,250.83

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