US Presidency
1873

There was paid during the last fiscal year for pensions, including the expense of disbursement, $ 29,185,289.62, being an amount less by $ 984,050.98 than was expended for the same purpose the preceding year. Although this statement of expenditures would indicate a material reduction in amount compared with the preceding year, it is believed that the changes in the pension laws at the last session of Congress will absorb that amount the current year.