My object In bringing the matter to
your attention at this time is simply
fo ascertain your views in a general
way, but, of course, without any ex
pectation of your anticipating probable
action by your Legislature."
BALANCE IN ^ REASUBY ?
LARGEST SHOWN IN YEARS
New Method of Bookkeeping Places'
Aggregate at $236,789,590.00
I'p to Present Date.
EXCEEDS AM/ EXPECTATION'S I
Statement of Account Approved by;
Secretary?Exhibit at Close of
l-iscpi Vcur Declared to Hepre
sent osperit.v of Country.
U AoMl N'j I OX, J u i > i',??The preat
cst balance in the general fund of the
United States Treasury since 190S is
the result of the striking of accounts
at the cad of the liscal year, ended
June 30. The balance of $236.$79.590.90
represents tlie new way of bookkeep
ing i*i the Treasury Department. Eli in
itiating' the amounts credited to dis
hursinc officers?making tlte balance j
comparable with the bookkeeping me
thods of other years?the balance is
$174,965,231.97.
This exceed* all expectations of
Treasury oflicials. .Six weeks ayo an
estimate was niaile that was rated as
tremendously optimistic. It ticured a
balance ef $200,000,000, or $150,000,000
without the credits of disbursing: of
ficers.
The statement of Secretary McAdoo
of the Treasury department. accom
panying the announcement, is as fol
lows:
"The fiscal year closed June 30, 1316.
with the treasury in a very strong and
gratifying condition, reflecting the
grout and unprecedented prosperity of
the country.
"Subject to revision upon analysis of
Complete returns, the reports show that
the balance in the general fund at the
close of business Saturday was $236.
