SUBIG BAY NAVAL RESERVATION. [Detached from the provinces of Zambales and Bataan under Executive order of the President of the United States, dated November 9, 1901. Limits defined in General Order No. 61, Navy Department. Lieut. Col. O. C. Berryman, U. S. Marine Corps, by direction of the senior squadron commander, assumed control of affairs on January 21, 1901. Relieved May 15, 1902, by Commander U. R. Harris, U. S. Navy, as governor of the reservation.] General account of the governor. The Subig Bay Naval Reservation, as created by the Executive order cited, placed this territory outside the jurisdiction of the War Department and insular government, but under instructions of the President the auditor for the archipelago was later charged with the duty of settling and adjusting the accounts arising under the government of the reservation. Respectfully, EXHIBIT V. A. L. LAWSHE, Auditor. THE GOVERNMENT OF THE PHILIPPINE ARCHIPELAGO, The SECRETARY OF FINANCE AND JUSTICE. Manila, October 28, 1902. SIR: In reply to your verbal request of last evening, through your private secretary, for a statement of the loss in gold value occurring in the treasurer's general revenue account by reason of the change in ratio from 2.40 to 1 to 2.46 to 1, October 22, I have the honor to advise as follows: There was in the general revenue account of the insular treasury at the close of business October 21 local currency amounting to $10,905,927.22, which at 2.40 to 1 was equivalent to $4,544,136.34; at 2.46 to I this local currency was equivalent to $4,433,303.75, making a loss in gold value, expressed in United States currency, of $110,832.59. The cash balance in the general revenue account of the treasury at the close of business October 21, comprising both United States currency and local currency at 2.40 to 1, was equivalent to $7,315,382.86 United States currency, which was depreciated on the morning of the 22d by the difference above stated. Respectfully, A. L. LAWSHE, Auditor. GENERAL REVENUE ACCOUNT OF THE TREASURER OF THE ARCHIPELAGO, JULY 1 TO SEPTEMBER 30, 1902. Appended is a statement of the general revenue account of the treasurer of the archipelago for the first quarter of the present fiscal year. A change in ratio from 2.27 to 2.35 to 1 occurred July 7, and the credit arising thereby in the gold expression of the treasurer's general account was $165,276.86. On September 23 another change, from 2.35 to 2.40 to 1, was made, and a credit of $91,121.34 was necessary in the treasurer's account expressed in United States currency. It appears that from January 1 to September 30 in the treasurer's account alone there was a net loss in gold value of $845,917.781, due to depreciation of local currency. Difference due to change in official rate of exchange in the conver sion of local to United States currency Balance due government.. Total.. 1,261, 237.08 13, 761.35 $1,274, 998. 43 Difference due to change in the official rate of exchange in the con version of local to United States currency.. Balance due government... Total.. 7, 331, 979. 13 .01 6,608, 739. 21/ 7,331, 979.13 Difference due to change in official rate of exchange in the conver sion of local to United States currency... Balance due government. Total differences due to change in official rate of exchange in the conversion of local to United States currency. Balance due government September 30 Grand total July, 1902. September, 1902. AVAILABLE MONTHLY BALANCES. 980, 711. 72 EXHIBIT VI. ESTIMATE) EXPENSES AND REVENUES OF THE CENTRAL GOVERNMENT AND and OF THE CITY OF MANILA DURING THE FISCAL YEAR 1903. THE GOVERNMENT OF THE PHILIPPINE ISLANDS, EXECUTIVE BUREAU, Manila, October 31, 1902. SIR: I have the honor to transmit herewith, pursuant to your request, a detailed schedule of the estimated expenses and revenues of the central government and of the city of Manila during the fiscal year 1903. Very respectfully, The SECRETARY OF FINANCE AND JUSTICE. BEEKMAN WINTHROP, Estimated expenses of the Government of the Philippine Islands for the fiscal year ending a The extraordinary expenses for the fiscal year include $75,000 for "Suppression of epidemic diseases and pests," and $50,000 for expenses in connection with establishment of a leper colony at Culion. The extraordinary expenses for the quarter ending September 30 are due to epidemic of cholera. b The extraordinary expenses are for repairing wharf and buildings at Mariveles and cost of transporting disinfecting barges to Iloilo and Cebu. c As the expenses of the forestry bureau are to be deducted from the receipts before such receipts are turned back to the provinces, the expenses and receipts are not summed up in the final statement. d Extraordinary expenses are for purchase of instruments. Estimated expenses of the Government of the Philippine Islands for the fiscal year ending June 30, 1903—Continued. a Extraordinary expenses are for apparatus and books for new laboratory building. b Extraordinary expenses are for the construction of vessels, light-houses, and purchase of two launches. Extraordinary expenses are for payment of premiums on bonds of civil employees, one-fourth of which amount, or $2,000, to be reimbursed by the bonded employees. dIn appropriation for quarter ending September 30 is included the sum of $26,964.34 for contingent expenses for the quarter ending December 31. e Extraordinary expenses for quarter ending September 30 are for construction and maintenance of public buildings. The estimate for the fiscal year 1903 depends entirely upon the amount of building authorized by the Commission. In this is included the building of the government laboratory, and $30,000 for general repairs and changes in existing buildings. fExtraordinary expenses are for construction of bridge from Isabela to Tabuc. 9 Extraordinary expenses for repairs to road from Naguilian to Baguio. Estimated expenses of the Government of the Philippine Islands for the fiscal year ending June 30, 1903-Continued. a Extraordinary expenses are for construction of wharves at Iligan, Siassi, Jolo, and Parang-Parang; repairing schoolhouse at Puerta Princesa. Regular expenses are for pay of interpreters in unorganized territory on civil business. The sum of $430,000 previously appropriated is on hand for running expenses of harbor works. This will probably be expended by December 31, 1902. c Extraordinary expenses are for purchase of rock crusher, alteration of markets, completion of city pound, improving and widening streets, etc. d Extraordinary expenses are for the installation of the system. The difference between the amount expended for installation and the amount collected from property owners will be reimbursed to the insular government. Taking this as a basis of an estimate for revenues during the fiscal year 1903, the central government should receive $9,389,858.36, and the city of Manila $1,407,926.78, or a total of $10,797,785.14. In this statement is not included the revenues that will be received from the bureau of agriculture, but this will probably not amount to a large sum during the fiscal year 1903. There is also not included either the expenses or the revenues of the forestry bureau, as under a recent law of the Commission the revenues of the forestry bureau will be returned to the provinces in which they are collected, after deducting the expenses of collection. Should it be decided to deposit the revenues with the central treasury and the expenses of collection be charged to the insular government, the expenditures for the fiscal year 1903 should be increased by $106,568 and the revenues increased by approximately $300,000. |