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ThetarT in force up to 1884, produced very limited
very large impoaions In 1889 the value Of
imports reached $97 O7s6s7 which produced
Of only SIS 97O o03 This under the compromise act
when the average rate of duty did exceed twenty
per In 1884, the beginning Of the workings
of the at act, when an importation Of $50 AIS 800
produced as great revenue importation full one
third larger did Ia s4l In lS43 the receipts from
this pert still lower and in the first six months Of
1874 We find SUI more limited importation producing
s. ''rger At the rate the duties have accrued
end the imports in within the past si months the
this port from customs for 1874 will be larger
than for any previous year II is safe to estimate the
imports into New York three fhs Of the total importa
tioas into the country. Taking this calculation
should find the total importation into the country for the
first six months Of 1914 to be 60a producing in
the same proportion a revenue of $le.Oa59 9o5.


Having arrived fair estimate of the revenue and to-
tai value Of imports into the country for the first six
months, will double for the year. making the value
of the years imporations 2Os and the revenue
from the same $3S OIL 99O In these immense receipts
from customs lay all the DANGERS difficulties and okjec
tons attached to high tariff The receipts and ordina-
ry expenses Of the government January, 1884, to
January, is45 are estimated as follows =


REcrrrs AND EnrESDrrvnE. FOR THE CALENDAR YEAR
Frs, sir Months ending June 80. ioaa-.actual.


10 do lands. =. ....... ......... ssS,sss

o.s,...v expense. 70. tn. sam. period ss:s Is
Second s'ss sr Month"; o; ..say s,x Dec ): 81 sy.~s..~ ~
TS'fS,; ;'s'';; rom sh 81 - S:S Sss


sM.~oaoo
Ordinary txpeaies for period, -. 1890 900


Frcsss Of receipts for tbs year 1884, 80 72o
F.om u ssnrplrs q. duct


Debt line due Jan. l. l8l5, IS 672 976
TIeaury notes outstandilg Jan. l. 1884,. 2s7a, 80
0fH,l58
Balance. January l. lslj Isl o5336s
This estimate only places the receipts from customs for
the year. ct $40 the estimate made above places
them at $3s OIL $780, which, although founded correct
data may possibly be little too large but not far out
Of the way a. the official estimate BY placing es
mate in tabular form, II will stand thus =
ESTIMATED kgcrIrrs AND EXPENDITURES roR THE CALEN


YEAR ie44


TOTAL receipts from customs. .S30 OIL 900
Total receipts from iands. ,760 9S3


$40 s32 e73
Ordinary expenses. .................. ~, ,756 519


$iso76444
From this surplus deduct


Debt falling dHe January !, ls45. :. SIS GA g76
Treasury notes outstanding ..... 2374lea


- so47 Iss
Surplus after paying debt due. $40 029 ass