US Presidency
1872

With an energetic, progressive, business people like ours, penetrating and forming business relations with every part of the known world, a navy strong enough to command the respect of our flag abroad is necessary for the full protection of their rights. I recommend careful consideration by Congress of the recommendations made by the Secretary of the Navy. POST-OFFICE DEPARTMENT. The accompanying report of the Postmaster-General furnishes a full and satisfactory exhibit of the operations of the Post-Office Department during the year. The ordinary revenues of the Department for the fiscal year ending June 30, 1872, amounted to $ 21,915,426.37, and the expenditures to $ 26,658,192.31. Compared with the previous fiscal year the increase of revenue was $ 1,878,330.95, or 9.37 per cent, and the increase of expenditures $ 2,268,088.23, or 9.29 per cent.