I especially direct the attention
of the Congress to the recommendations contained in this and the last
preceding report of the Secretary touching the simplification and
amendment of the laws relating to the collection of our revenues, and in
the interest of economy and justice to the Government I hope they may be
adopted by appropriate legislation.
The ordinary receipts of the Government for the fiscal year ended June
30, 1886, were $336,439,727.06. Of this amount $192,905,023.41 was
received from customs and $116,805,936.48 from internal revenue. The
total receipts, as here stated, were $13,749,020.68 greater than for the
previous year, but the increase from customs was $11,434,084.10 and from
internal revenue $4,407,210.94, making a gain in these items for the
last year of $15,841,295.04, a falling off in other resources reducing
the total increase to the smaller amount mentioned.
The expense at the different custom-houses of collecting this increased
customs revenue was less than the expense attending the collection of
such revenue for the preceding year by $490,608, and the increased
receipts of internal revenue were collected at a cost to the
Internal-Revenue Bureau $155,944.99 less than the expense of such
collection for the previous year.
The total ordinary expenses of the Government for the fiscal year ended
June 30, 1886, were $242,483,138.50, being less by $17,788,797 than such
expenditures for the year preceding, and leaving a surplus in the
Treasury at the close of the last fiscal year of $93,956,588.
Pages:
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379