The Sun.
London, England, 1846-07-13 00:00:00

cisee, it is believed, would not meet the unction of the
people, unless in the emergency of a war with some great
maritime nation, exposing our commerce to great hazard,
and greatly reducing the revenue from duties on imports.
The only remaining means for supplying this deficit within
the required period is by loans or treasury notes ; and I would
accordingly recommend, with a view to the most vigorous
prosecuting of the existing war with Mexico, so as to bring
it to a speedy and honourable termination, that a contingent
authority should be vested in this department, with your
sanction, to issue Treasury notes, or effect a loan of a sum in
the aggregate not exceeding the last above-mentioned deficit
of 12,586,406 dolls.

I think it would be most advantageous to the Government
that a portion of this money should be raised by Treasury
notes, and the remainder by loans, limiting the interest in
both cases to a rate not exceeding six per cent. per annum,
and forbidding the negotiation in either case below the par
value. If the authority were limited so as to cover this
deficit, and the power given to resort to loans, or Treasury
notes, or both, as the emergency might require, the money
might be raised at a much lower rate of interest, than if the
department were confined either to loans alone, or to Treasury
notes. The experience of the Government has demonstrated
that there are periods when loans are most available, and that
there are occasions when treasury notes are much better
adapted to meet the emergency ; and the power to select both,
or either, fr,,ni time to time, would render the negotiation
more certain, and probably save a very large amount of inte-
rest to the Government. If the war should be speedily
terminated, it is possible that a resort to loans or Treasury
notes might not be required; or if so, for an inconsiderable
amount. The same power that is now given by law to
redeem the loan, even before its maturity, whenever the
funds of the Government will permit, so as to liquidate
any public debt as speedily as possible, should be continued,
as also theauthorit3 for the re-issue of the Treasury notes as
heretofore provided by law, as well as for their receipt in re-
venue payments.
The additional duties designated in schedule A are re-
commended as a war measure, and to terminate with the
restoration of peace, or as soon thereafter as the state of the
public finances will permit their discontinuance.
I have the honour to be, Sir, most respectfully, your
obedient servant,

'R. J. WALKER, Secretary of Treasury,
To the President.

[The schedule A, referred to in the :b we letter, is made out
in an intricate tabular form ; and iu consequence it is not
pr cticable for us to lay it before our readers this evening.
We may do so at some future day.]

REPORT OF THE SECRETARY OF WAR.
War Department, Washington, June 13, 1846,
Sir,—l have the honour herewith to submit to you the
estimates which have been made at this department, to
enable you to answer the resolution of the Senate, of the 3d
instant, requesting to be furnished with an estimate of the
amount of money required during the present and next
fiscal year for such a prosecution of the existing war with
Mexico as will most likely result in its speedy and honourable
termination.

These estimates are made upon the assumption that the
regular army will soon be filled up to its maximum, which
will amount to 15 500 men, and that a iolunteer force of
20,000 foot and 5,000 mounted men is to be at once organised,
received into service, and kept therein until the end of the
next fiscal year, to wit, to the 30th of June, 1847. The esti-
mates are made for an army of over 40,000 men, mostly ope-
rating in the field, in an enemy's country, deriving their
supplies principally from the United States.
How long it will be before the regular army can be filled
up to the extent authorised by law will depend upon success
in recruiting. Its numbers as yet do not much exceed one-
half its maximum. It is hoped that in a few months the
ranks will be nearly filled; its average total number through
the next fiscal year will not probably exceed 12,500.
The number of volunteers actually called for immediate
service, by virtue of your orders under the Act of 13th of
May last, will amount to about 18,000, and whether a greater
number will or will not be required for the ensuing campaign
cannot now be determined. Should the number already
celled for be'deemed sufficient for the successful prosecution
of the war, the estimate being made on a basis exceeding
that number by 7,000, will he found proportionably too large.
Should these views as to the extent of the regular and
volunteer force be realised, the army will not exceed 30,000
men, and all or nearly all the estimates presented herewith
might be reduced one-fourth in amount, yet it is ite possible
to foresee the exigencies of the service. It may require the
full amount of the force on which the estimates have been
made, and even more; and I have not, therefore, felt at liberty
to make any reductions of the estimates presented by the
several branches of this department.
I take the liberty to direct your particular attention to the
estimates of the Quartermaster-General. You will perceive
that they are large—very large.—and I hope much exceed
the expenditures which may be required. They are made on
the supposition that our army will penetrate far into the
interior of the enemy's country, and that all supplies, and
munitions of war, will necessarily be transported on long
lines, and those far from being easily traversed. Should
the enemy's country aliound in forage, the expense of
transportation will he greatly reduced; but the uncertainty
as to the country to be invaded, and the still greater un-
certainty as to its resources, do not warrant deductions to
be made on the estimated items for supplies, and the trans-
portation of them to the places where they may be needed.
Should the navigation of the Rio Grande be found prac.
ticable for steam-boats of light draught to Camargo, or
above, much will be saved probably by the use of that river,
yet considerable sums must be expended in the purchase of
beats, &c.

It is further to be observed that no inconsiderable amount
of the expenses which will fall on the quartermaster's depart-
ment is in the nature of an outfit, and would not be required
to be repeated should the war be protracted beyond the next
fiscal yesr The estimates in the quartermaster's department
are made without much regard to the chances favourable to
diminished expenses. Provision had not been made (for the
restricted appropriations in past years would not permit it)
for a sudden augmentation of our force to four times its usual
amount. The necessity of making such a provision on the
shortest notice will generally increase the cost of it, and this
falls mainly on the quartermaster's department. It is hoped
that the actual expenses of this branch of the service will
fall some two or three millions chart of the full estimates
here presented ; yet this is not so certain as to authorise the
department to cut them down in that amount.
I am, with great respect,
Your obedient servant,
W. L. MARCY.

To the President.

Kstimate of Funds required for the Prosecution of the War
against Mexico from the 13th of May to the 30th of June,
1C46, and frtan Jul♦ 1, 1846, to June 30, 1847, over and
above the sum estimates: for by this Department, at the
commencement of the Present Session of Congress.
Ist J uly, 1846,
To 30th to 30th
June, 1846. June, 1847.
Adjutant-General's Estimate iVB,7BO
Quartermaster-General's ditto
Paymaster-General's ditto
Commissary-General's subsistence
Estimate
Surgeon-General's Estimate ..... 10,000 82,500
Engineer Bureau's ditto 20,000 80,000
Topographical ditto ditto
Ordnance ditto ditto

4,805,000 217,166,4i7?
Note.—This estimate does not include the appropriations
for deficiencies already made; but it includes the estimatei
sent to the Committee since the commencement of this session
for the increase of the army and new regiment of mounted
riflemen.

THE QUARTERMASTER-GENERAL'S REPORT.
Quartermaster-General's Office,
Washington City, June 15, 1846.
Sir,—ln obedience to your order, and under a resolution of
the Senate of the 6th instant, I have the honour to present
an estimate of the probable amount required to be expended
through this department during the next fiscal year, should
the war with Mexico continue throughout that year. Also
the sum supposed to be required for all expenses of the
volunteer service during the present fiscal year. Nothing is
asked in addition tor the regular army during the present
fiscal year, as the existing appropriations are considered
sufficient, or nearly so, to meet the expenditures of the war.
To those not accustomed to military operations in a coun-

try almost destitute of resources, this estimate mat seem
large; but in a department where the expenditures depend
so much upon the accidents and cobtingencies of service, et i-
mates are necessarily in some measure hypothetical. I have
considered it to be due to the importance of the subject to
base the present estimate upon the resources of our own
country alone, leaving out of view entirely any supposed re-
sources to be derived from the enemy's country. In this
view the present estimate is believed to be as near an ap-
proximation to truth as such an estimate, under existing
circumstances, is susceptible of being made.
I have the honour to be, Sir,
Your obedient servant,
TII. S. JESUP,
Quar ermaster- General.

The llon. W. L. Marcy, Secretary of War.
Estimate of funds required by the Quartermaster's depart.
ment, for the next fiscal year, for a force of 20,000 foot and
5,000 mounted volunteers in an active campaign, includ-
ing the increased expense for the transportation, forage,
and depots for the regular army consequent on a state of
war; also, for the volunteer force Qmployed in the pre2eut
fiscal Year.
For 2,006 waggons, at average of $l2O 5240,000
For 10,000 horses and mules for waggons, at $75 750,000
For 2,000 sets of harness, at $l4 BO,OOO
For 4,000 mules for packing. at $40.. ... 160,000
For 4,000 pack saddles, atls 60,000
For 430 yoke of oxen, at 25
For blacksmith's and otter tools, iron and other

materials for an amy of 25,000 men
For water transportation, including the purchase
and charter of steamers and other vessels 1,500,000
For pay of agents, superiatendents, teamsters,
labourers, mechanics, artificers, clerks, waggon
and forage masters, expresses, &c., say 4,000,
at $1,50, including subsistence and other ne-
cessary expenses
For storage, dryage, building storehouses and
workshops, expense of depots, &c
For forage for mounted and other volunteers, and
for the horses, mules, and oxen in the trains
For camp and garrison equipage for volunteers

120,000

600,000

For the volunteers for the present fiscal year
For contingencies of the War Department

/8,840,000
800,000
50,000

00,690,000