US Presidency
1872

The source of this reduction is as follows: Net ordinary receipts during the year$364,694,229.91Net ordinary expenditures, including interest on the public ° surplus revenue94,134,534.00Add amount received from premium on sales of gold, in excessof the premium paid on bonds purchased2,454,370.89Add the amount of the reduction of the cash balance at the close of the year, accompanied with same at commencement of the year3,371,348.65Total 99,960,253.54 This statement treats solely of the principal of the public debt. By the monthly statement of the public debt, which adds together the principal, interest due and unpaid, and interest accrued to date, not due, and deducts the cash in the Treasury as ascertained on the day of publication, the reduction was $ 100,544,491.28.