US Presidency
1841

The aggregate amount of outstanding appropriations on the 4th day of March last was $ 33,429,616.50, of which $ 24,210,000 will be required during the current year; and there will also be required for the use of the War Department additional appropriations to the amount of $ 2,511,132.98, the special objects of which will be seen by reference to the report of the Secretary of War. The anticipated means of the Treasury are greatly inadequate to this demand. The receipts from customs for the last three quarters of the last year and first quarter of the present year amounted to $ 12,100,000; the receipts for lands for the same time to $ 2,742,450, shewing an average revenue from both sources of $ 1,236,870 per month. A gradual expansion of trade, growing out of a restoration of confidence, together with a reduction in the expenses of collecting and punctuality on the part of collecting officers, may cause an addition to the monthly receipts from the customs.