782 



UNITED STATES, FINANCES OF THE. 



lowing accounts: Civil and miscellaneous, in- 

 cluding foreign intercourse, public buildings, 

 lighthouses, collection of the revenue, and the 

 District of Columbia, $2,175,969.60; pensions, 

 $12,408,117.99; the military establishment, 

 $576,680.55; and the naval establishment, 

 $327,857.24. There was a decrease of $2,856,- 

 614.72 in the expenditures on account of the 

 Indians, and of $8,070,854.38 in the interest 

 on the public debt, making a net increase in 

 the expenditures of $4,561,156.28, which add- 

 ed to the decrease of $39,360,060.04 in the re- 

 ceipts, made a falling off of $43,921,216.32 in 

 the surplus revenues applicable to the redemp- 

 tion of the public debt. 



The following table, giving the receipts from 

 customs and internal revenue by quarter-years 

 for 1882 and 1883, shows in a summary form 

 the reduction in the receipts from those sources 

 under the act of March 3, 1883, reducing inter- 

 nal revenue taxes and duties on imports : 

 CUSTOMS. 



INTERNAL .REVENUE. 



The receipts from customs in the last half of 

 1883 were $101,063,256.35, as compared with 

 $113,609,413.72 for the corresponding period 

 in 1882, a reduction of $12,546,157.37. This 

 falling off was not entirely caused by the re- 

 duction in the rates of duty, but was due in 

 part to a decrease in importations. The re- 

 ceipts from internal revenue fell off from $74,- 

 745,328.42 in the last six months of 1882 to 

 $60,814,896.27 in the last half of 1883, a reduc- 

 tion of $13,930,432.15. 



The reduction in the rates of duty took effect 

 July 1st, but the receipts for the second quarter 

 were somewhat affected by importers postpon- 

 ing until July 1st the withdrawal from ware- 

 house and entry for consumption of goods on 

 which the rates were reduced. The opposite 

 course was pr.rsued with goods on which the 

 rates were increased. The repeal of the in- 

 ternal revenue taxes on bank deposits and 

 capital, and the reduction in the tax on to- 

 bacco, cigars, and cigarettes, and in the spe- 

 cial taxes on dealers in, and manufacturers of, 

 tobacco, took effect May 1, 1883, and therefore 

 affected the receipts from internal revenue for 

 the second quarter. 



The following is a condensed statement of 

 the receipts and expenditures for the fiscal 

 years ending June 30, 1882 and 1883 : 



The receipts for the fiscal year 1883 as com- 

 pared with 1882 increased $3,202,724.05 in 

 sales of public lands and $154,214.40 in tax on 

 national banks; and decreased $5,704,233.32 

 in customs revenue; $1,777,226.47 in internal 

 revenue and $1,113,146.99 in miscellaneous; 

 making $5,237,668.33 of net decrease. The 

 customs receipts were larger than for any fiscal 

 year except 1872 and 1882, when they were 

 $216,370,286.77 and $220,410,730.25, respec- 

 tively. The receipts from public lands were 

 larger than in any year since 1856, when they 

 were $8,91 7,644.93. The net receipts were larger 

 than in any year since 1870, except 1882. The 

 expenditures increased $11,458,271.23 in civil 

 and miscellaneous; $5,340,888.74 in the War 

 Department; $251,390.91 in the Navy Depart- 

 ment ; and $4,667,379.69 in pensions; and de- 

 creased $2,374,157.06 in the expenses on ac- 

 count of the Indians and $11,917,075.54 in 

 interest on the public debt. 



The amounts received from the various 

 sources of internal revenue during, each of the 

 last two fiscal years were : 



The State of the Treasury. The condition of 

 the treasury on Dec. 31, 1883, as compared 

 with Dec. 30, 1882, is thus shown : 



