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1895-10-23-CincinnatiEnquirer-p6-CantCut - GAirT CUT : " : 7.-- -:'.:. --v, - . r'...
GAirT CUT : " : 7.-- -:'.:. --v, - . r' Expenses Any" Further, fpt ay i r CI a Ml I the inon!?n the. Deficit 13 Mill An RV live -i . . .- - -.,; ;, . t . . . Question Is, What'reThey &oirg : J;T6 Do About It? ' ; Lorelj Problem With Which 7: t Congress Must Wrestle. Most of tbe Money Rsised By v '.. Mr, Cleveland's Bonds 77 Bti Been Used In Keeplac tfce Gt- Una. rh. H empha-at i ha anta-00 hla real for do tb tclla lira I H and into ! Mtan mmiftm w res mmit ' WABRiMiyrox, tf, October 21 Treasury orncUla whoa duty It iato make op tb -tlmat for tb next flacal year bar bfun their Usk, iad they find It any thin- but aa agreeable occupation. It Is aald to be Impossible tofurther reduce tb expendlturea of this Oovarament, kod a prominent Treasury official made the statement to-day that tb paribK lndulced In by tbe last Congress eould not b cut deeper without absolute daer to the public business. If this conclusion be baaed upon sound Jndfment the oply. alternative that presents Rself la the -discovery of some method whereby mora rnu can b secured, and this Is the problem the IncomlnvConaTess will be called ifpoa to solve. Hvi minutes survey of the of and will get ' and of lar. M. I Treasury official nxures wlU show the con- pe-dltlon In which that institution now finds It- elf, and teem to prove that but llttla of all the money raised by the sal of bonds for 1 th ostansibi purpose of roelntainlnc th sold reserve has been used for such pur-f of tae to to in . The present Administration ha sold three . inetallmetrta of bonds, aa follows: Fifty tnllUoo In. February. and fifty mll- Mona tn November, imm, both lota beastag Intereat at B per eenu. The sixty-two and " a half millions were sold in February. 1885, at 4 per peat. Tola makea.a iota of f 102,-4100,000 of gold poured Into th Treasury by th present Administration. To this um must be added the $30,000,000 in pre-. nluma these bond brougbt. which makee a total of fl8200.ou of gokl througa th Ml of bonds. When this Administration ; aan lata power there waa oa hand aa aggregate of 1124,000.000. which, added to the .' proceeds of the bond sale, make a grand 1 total of WOCOUO.OOO. That represents the I aonount that should have been la the Treaa- vrjr ha4 not th bond proceed been used f In th payment of current obligations. To-t dkya Treasury atatament shows the aotual availaMe cash balance, mcludlng th gold raeerve, to be but .175,000,000. By Ua simple process of aiditraetlng this 176,000.000 from 3H.000,000, 4h total deficit of 1S1,000,000 that baa occurred under tb prsadnt Admialatration Is easily aaoer-talnaiV . ' . l Of course, th bonded debt baa been in- creased 1102.000,000, and so long as It re-rnalaa unpaid, thera Is a fixed annual inter- 7 oat oharg oa that account agregatmg 7,600.000. These are aotn of th figures - wlkh whiok Treasury, exoerta. naged In preparing Mr. CarUaleB annual report wUl bav to deal. . ' . ,' 1 ' Toledo CoUectortblp. The only important office In Ohio In vwhlch th term of the Republican incum- - bent baa expired, la that of the Collector of Internal Revenue at Toledo. Hla term was -out on June SO last No attention has been pajd to th papers of the nine or ten applicant foe th place.' and they now 11 In a plgaou-bol tn tb Appointment Division of th Treasury, covered with cobwebs and dust. It la understood that this place will not be considered by Mr. Cleveland until after th November election, aa action be- for that time would do. mora harm than sood. One seaious working Democrat would probably be " created by this appointment. but eight of nine other applicants would become disconsolate and disgruntled. Acting, therefore, upon the advice of shrewd Dem- - ocratla politlclana. Mr. Cleveland will not v make the appointment at this critical time, . ' '' Poraoual and Miacellaneous. .7 Mrs. Livonia Mora Taylor, wire of Tbo. Taylor, of foe Postoffloe Deoartmeru. died at her borne ta thls-crty yesterday. Mrs. Taylor waa the daughter rot th lata - ICmery and KmUy L. Morse, of lama, Lagrange County. Indiana, where ah was :.' bora April 20, 1840. Her marriage : to Mr. Taylor occurred December S. 1863. -From : 1808 h) IS7S they resided at Ft Wayne, Jnd. - fltac 1873 her bom baa been u this Ity." Soon atter arriving her ah linlted with the First PreabyterVaa Church, and indefatigablr devoted to church and I ehfcrltabfo work. ; Services will be heM at tb reaidsraot, after which the remains win b taken, to South Band, Ind., for Inter- tOOOt. , v : ; . , . T. Gordon and A.' O. Palion. of Colum-, but, Ohio, aat nlghti aiaong okhara, had the Royal , Order Degree conferred upon them by th Provlnclai Grand: Lodge of the Royal Order of,. Scotland .te th United ? HUitaa, Which k 1 la now la annual aeaalon in th BootUah Bit Cathedral, Washington. Among the Offlciala here la attendance oa tie Supreme Council. Thirty -third Decree I W aeons, for the United States, are Wm. x. , Hershlser, Sovereign . Grand Commander, of Colucnbus; John J.'eUoddart, Command- er-taOiief of the Grand Oonslatory of Ohio, CcJumbue. and Dr. 2. C Kroesch.'. Secretary Oble CofMbttory, .. ; .- , (- Mra. Wattai, widow of Chief-Justice. Waited baa' Veen, extremely 111 since her return to I tbe city.- She came back last Frkiav.wlth Miss Walte. and on the way from, the ata-. tion .wee. taken 111. Later her condition ha- cacae quite serious, but by Sunday she had improved, and Is now thought to be on the road, to reoovery.: ! . ' ' ' - , 7 Something of a surprise wm lor store for the colored Republicans who met 'last night to discuss the subject of candidates for the peeltlon of. delegates to the next Republican convention. This surprise came In the snaps at a speech from C H. J. Taylor, the celored Democratic Recorder of Deeda tor the District Pf Columbia. Mr. Taylor was the last man expected at this meeting, but i ne was mere., occupied a prominent placet on the platform, and made a good speech ror .ferry "Carson, the color! Itannhiieaa aw-e. . leecey. The action of TayloiOia caused no l and of tals amo.a k.k r,A...,. . ThernnrratiA Arvlehamt tutlltl..- - - I ' S. E. Baldrldgo waa ta-Uy appointed Postmaster af Hallavalley, Morgan County, and 3. K. P. - Moore , at Maloney. Meigs County, Tennessee. . - i Th postoffice at Mountain ' Junction HamUioa County, Tennessee, haa beea discontinued. Mali goee to Chattanooga. -7

Clipped from
  1. The Cincinnati Enquirer,
  2. 23 Oct 1895, Wed,
  3. Page 6

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  • 1895-10-23-CincinnatiEnquirer-p6-CantCut

    munroih – 04 Sep 2013

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