The Sun.
London, England, 1869-02-04 00:00:00

93,119,117 03
21,6C4,785 00

Penioniand Indians 30,358,618 00
Interest on public debt 129,742,814 00

Total 5336,152,470 00
NATIONAL RECEIPTS AND EXPENDITURES FOR
THE FISCAL YEAR ENDING THE 30TH JUNE, 1870.
—Let us now look forward to the fiscal year ending
June 30, 1870, the first complete year of a new
Administration; and starting with the relation of
receipts and expenditures as above, inquire what it
is further possible or practicable to accomplish.
Such a basis allows us to anticipate a surplus of
thirty millions for the year under consideration,
with the law and the administration of the law in
relation to the collection and expenditure of revenue
remaining unaltered; and this surplus, the Com-
, missioner has reason to believe, may be increased
through the following agencies :—First. From the
certain and continued gain which will undoubtedly
accrue to the national revenue, under any circum-
stances, from the continued increase of the wealth
and population of the country. The Commissioner
believes he is warranted in assuming that the gain
of revenue likely to accrue from the increase in the
wealth and population of the United States will, for
the present, be at least $10,000,000 per annum.
Second. A gain to the credit of the Treasury
from the discontinuence of payment through set-
tlement of the claims of soldiers and sailors for
arrears of pay and bounty. This gain, as predi-
cated on the payments actually made under these
heads during the last and current fiscal years,
may be estimated at $25,000,000. Third. A gain
from a further general reduction of national expen-
ditures. This gain for the next fiscal year through
a continued reduction of the army, reconstruction
and pacification of the Southern States, and a greater
economy in civil expenditure, and in the appropria-
tions annually made for fortifications, ordnance
stores, rivers and harbours, and private claims,
ought to aggregate at least $30,000,000. Fourth.
o
Gain from the return of revenue administration.
Assuming $155,000,000 as the annual average of
receipts from internal revenue,.. as the law and its
administration nowstand, the Commissioner believes
that an increase of $75,000,000 in the receipts as a
minimum could be obtained Without any practical
difficulty. Allowing for all contingencies, it seems
possible
for the Treasury to have at its com-
mand at the close of the next fiscal year an avail-
able surplusof from $100,000,000 to $125,000,000.
it requires' however, that there should be
unity of
purpose on the part of the Executive,
of Congress, and of the people, and a full rea-
lization of
gress'the fact that the work to be ac-
complished isoofsd beuoh allowedpaparamountn terfimportanceerf,m.i
pith it.
nothing else should
It requires that the agents who arc to be intrusteu
with the collection and disbursement of the revenue
shall be appointed on some other groands than the
devotion to pasty service, the length and number of
their campaign speeches, or the amount of money
contributed to aid in elections. It requires that
Congress shall t xercise the most rigid economy in
respect to appropliations, and that the sums here-
tofore expended for fortifications, rivers, and har-
bours, coast survey, new buildings, the manufacture
of arms, for private claims and war damages, and
as subsidies to railroads, shall constitute no prece-
dent for the immediate future. It requires that no
more money shall be disbursed for the purchase of
foreign territory, and that no reciprocity treaty
shall be negotiated like that proposed with the Sand-
wich Islands, the operation of which is calculated
to immediately impair the revenue. It requires that
there shall be a broad distinction made between the
promotion of mere private and selfish ends, and tLe
true protection of American industry.

OYAL STRAND THEATRE.
Sole T.essee and Manageress, Mrs Swanborough.
THIS EVENING. at 7.30, THE VI DOW HUNT. Messrs.
ozke. Belford, Joyce: Mesdames Bition and Maitland.
After which. THE FIELD OF TEE CLOTH OF GOLD.
Messrs. Thorne, James, and Robson Mesdames M. Lon..
more, F. Hughes. L. Maitland. &c.
To conclude Nica RUE AND DYE.