FISCAL: Surplus & Donors

Closing its books for the first three-quarters of fiscal 1935, the U. S. Treasury last week reported its first monthly surplus ($56,000,000 for March) in 41 months. Reason: Income tax revenues for March, with two days still to be reported, were $323,000,000 against $232,000,000 last March; miscellaneous tax revenues were up $60,000,000 from last March. Total nine-month deficit was $2,193,000,000.

Also last week the Treasury reckoned up the gifts which patriots have made to their country since 1862, found a total of $1,576,022. In 1883 a Newark, N. J. man turned in $950,000...

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