The Sun.
London, England, 1833-01-03 00:00:00

AMERICA,

OFFICIAL REPORT on the FINANCE,

In obedience to the directions of the " Act Sup-
plementary to the Act to establish the Treasury
Department," the Secretary of the Treasury re-
spectfully submits the following Report :-
1 —OF THE PUBLIC REVENUE AND EXPENDITURES.
The Receipts into the Treasury, from all sources, Dollars.
during the year 1830, were 24,944,116 51

e Expenditures for the same year, including
payments on account of the public debt, were ... 24,585,281 55

The balance in the Treasury on the Ist of Jan
1831, was
The receipt from all sources, during the year 1831, 6,014,539 75
were 28,526,820 82
Viz. : Dollars.
Customs
Lands
Dividends on Bank Stock 490,000 00
Incidental Itecmpts 152,314 04
First and second instalment under the
Convention with Denmark

Making, with the balance, an aggre-
gate of
The Expenditures for the same year

34,541,360 57

were
-
Viz.:—
Civil List, Foreign Intercourse, and
Miscellaneous 3,064,646 10
Military Service, including Fortifica-
tions, Ordnance, Indian Affairs,
Pensions arming the Militia, and
Internallmprovements 6,943,238 73
Naval Service, including the gradual
improvement of the Navy 3,856,183 07
Public Debt
Leaving a balance in the Treasury,
Ist of January, 18:10, of.
The receipts into the Treasury, du-
ring the first three quarters of the
present year, are estimated at 23,918,659 .11
Viz : Dols.
Customs 01,730,717 19
Liinds 1,610,131) 18
Bank Dividends
Incidental Receipts 87,811 31

30,038,446 10

The Receipts for the fourth quarter,
including the 3d instalment of the
Danish Indemnity, are estimated at 7,834,000 CO
Making the total estimated receipts
of the year ,

And, with the balance on the Ist of
January, 18:32, forming an aggre-
gate of
The Expenditures for the first three
quarters of the present year are
estimated 23,868,691 81
viz.:_
Civil List,Foreignlnter-
course and Miscella-
neous
Military Service, includ-
ing Fortifications, Ord-
nance India Affairs,
Pensions, Arming the
Militia, and Internal
improvements
Naval Service, including
the gradual improve_
ment of the Navy 2,213,597 98
Public Debt 11,3.3.1,857 834

The Expenditures for the fourth quar-
ter, including 6,744,199 57 on account
of the public debt, are estimated, on
data furnished by the respective de-
partments, at 10,742,774 2'2
Making the total estimated expenditure
of the year

And leaving in the Treasury, on the
Ist of January, 1833, an estimated
balance, including the Danish indem•
nity of

4,502,934 45

31,752,659 51

30,9.55,573 96

34,611,466 03

1,61-4,107 63

This balance, however, includes the funds esti-
mated at 1,400,000 dollars, heretofore reported by
this department as not effective.
The appropriations remaining unsatisfied at the
close of the year, are estimated at 6,308,421 dols.
25c.; but of this amount it is estimated by the pro-
per departments--
1. That the sum of 5,475,202 dols. 26c. only will
be required for the objects for which they were ap-
propriated.
2. That the sum of 652,198 dols. 27c, will not
be required, and may therefore be considered as an
excess of appropriation, and is proposed to be ap-
plied, without being re-appropriated, in aid of the
service of the year 1833, as will more fully appear
when the estimates of the appropriations for that
year are presented.
3. That the sum of 181,020 dols. 72c. will be
carried to the surplus fund, either because the ob-
jects for which it was appropriated are completed,
or because these moneys will not be required for, or
can no longer be applied to them.
11.—OF THE PUBLIC DEBT.
The Disbursements on account of the public debt Dols.
during the year 1832, will amount, as has been
already shown, to 18,080,057 46
Of which there will have been ap- Dols.
plied to the payment of principal... 17,302,410 82
And to interest 717,646 64
Of this sum, all over the annual appropriation of
ten millions of dollars will have been applied, with
the President's sanction, under the discretionary
authority, granted by the Act of the 24th of
April, 1830.
The stocks which will have been redeemed, by
the application of this sum, during the year, are as
follow :
The residue of the four and a half per cent. stock,
issued under the Act of the 2lth of May, 1824,
being the last of the stock issued for the purchase Dols.
of Florida 1,739,524 01
The whole of the three per cent. stock, issued un-
der the Act of the 4th of August, 1790, being
the last of the funded debt of the revolution 13,296,705 76
One half of the exchanged four and a half per
cent. stock, issued under the Act of the 2(itli of
May, 1824 2,227,363 97
And the whole of the exchanged five per cent
stock, issued under the Act of the 20th of April,
189.
Which two last mentioned stocks are parts of the
debt arising out of the late war.
Also certain portions of the old registered debt,
which have been presented for payment, being
part of the unfunded debt of the revolution 237 84
The whole of the public debt, which, by the
terms of the several loans, the United States have
a right to redeem up to the Ist of January next,
will have been then paid off: making the entire sum
of about 58 millions of dollars, applied to the debt
since the 4th of March, 1829.
On the Ist of January next the pub-
lic debt will be reduced to—viz
1. The funded debt amounts to 6,962,660 28
Cotiiset:l.nfi.:f.dtc o
heflvtehter cents issuer
u
It-301, anti redeemable utter the lai
of January, 1835 4,735,296 342
And the residue of the exchanged
four and a half per cents issued
under the Act of the 26th May,
1824, and redeemable after the 31st
of December, 1833

'2. The unfunded debt amounted to
Consisting of the registered debt,
being claims registered prior to the
year 1798, for services and supplies
during the Revolutionary War
Treasury Notes, issued during the
late war
And Mississippi Stock

Dols.

27,60'2 46

Dols.
7,001,698 83

39,0:,-S 55

7,116 00
4,320 09

These three last sums, composing the unfunded
debt, are payable on the presentation of the certifi-
cates. After the Ist of January next, no part of the
public debt, except the remaining fragments of the
unfunded debt, of which only small portions are oc-
casionally presented, will be redeemable before the
following year; and, though there will be in the
Treasury during the year ample means to discharge
the whole debt, they zan be applied only to the pur-
chase of stock at the market price. It is now mani-
fest that if the Bank shares had been sold, and the
proceeds applied to this object, the entire debt might,
in this manner, have been extinguished within the
present year. But, it is nevertheless pleasing to
reflect that after the present year it may be consi-
' dered as only a nominal debt ; as the Bank shares,
which have been actually paid for within the last
four years by the redemption of the stock subscribed
for them, are greater in value than the whole amount
of that debt ; and the debt itself ceases to be a
burden, inasmuch as the dividends derived from
the Bank shares yield more to the Treasury than
will be requited to pay the interest. The debt
may, therefore, be considered as substantially ex-
tinguished after the Ist day of January next ;
which is earlier than was looked for under the'
most prosperous and economical administiation
of our affairs that could have been anticipated. It
will, nevertheless, begratifying to the national pride
that every thing having the appearance of debt,should