Rhode-Island Republican. [volume] (Newport, R.I.) 1801-1806, 1802-01-23
3.soo.eoo

Making altogether three millions and five hun
dred ,hoc land doilar, which fun. deducted from
the efimated levenoe of ten millions and fix hum
dred thouiand dollars, leaves fum> ot ieven
millions and ono bundled thoufand dollas. an
nuay applicable to The paymen, of in,eseR and
redemption OF the principal OF the public debt.
lSmoa be further obfervcd, that the fams
aligned TO each head Of expenditure, being de-
duced from The efimstes OF appropriations ne
ceHsry for the eniuiug years and 'heie hav.nx
been calculated before the re caablihment OF
peace in Europe wss known. they arc Prsdicas-
cd, tor every item which relates TO iuppies, on
the then exiting prices. A confderable reduc-
tion will take place in every item, which de-
pends ON the price Of pioviiions, freight, t'ani-
rortstion and even wages. Although the iav-
Ing thence ariiog, cannot yer be correctly, sis
ccrtaiped. il may NOT be efimated at lcis than
ZOO. 900 dollars annually. IL rs therefore be-
lieved thar. after deiraying every expence nc
ceaary TO fupporteyery civil. military. or naval
eRa5liihment, TO tho extent nov authorized by
law /; the annual furplus. applicable TO the debt.
may be confidently eaimated at ieyen millicns
and three hundred ,houiand dollars.
The Aatement ri exhibits the amount Of
the unrcdecmed principal OF the pubic debr
~ Il will be on the IL ct January pext, and ot
ihc znnoai intercA and charges pay able thrreon,
Including the annual rcimpuIicnent on the TX
per eent. and deferred ao,ks. BY the prio.el
Gs,cments of receipts and expenditures for the
year 1900, tranimii,ed Ia Cong,eis The f,iR week
Of the preient icaion; il appears that tie unrc-
deemed principal Of The public debt (sxcluiive-
ly Of the iums paiIsd TO the credit ot the COM
midioncD OF the linking fund, which are only
nominal debt due by the United States to ihen,-
fc.vcs and after deduttng the ,einburicmeot
OF the principal Of the Gx per cent itoek, ope-
rated by the annual payment OF per cent on
the nominal amount of that fock) amounted,
On thc IL OF Jan. 1901. 10 so.i6i,lo7 doilas.
ard 90 cents.
By the Aatcmenr [PI it appears that
the pnIcdcened principal will, on the lit ef
Jan. 1904, amount to 77,SSl,S9o dollars aud
z9 Gents; the difference OF 7,z70,3I7 dollars
and 81 cents being the amount OF principal paid
duiing the year 1901.
During the fame year 1901, more than
eieh, handred thoufand dollars fhall have been
remitled 20 Holland, in part Of the intercR and
initalments on the Dutch debt, falling due nexr
yeas which fun is not included in the smounr
of principal, thus hated 10 have been paid dur
ing the preient year. The iums which, on the
Ia January, 1901, had been emitted to Hol-
land, in part OF the ioterea and initamtnts due
la the couric Of this year, and which were not
deducted from the amount OF public debt on the
N Of Ian. 1901, did not exceed FIVE hundred
thouiand dollars. The amount Of debt actually
paid, or for the payment Of which pIoviGon
ihsl have been made during the preient year.
will not therefore DC lefs than two millions five
hundred lhouiand dollars. And il is believed,
though il cannot at prefeot he precifcly alcer-
tained, that the balance OF fpecie in the Treafa-
ry, which, on the 6dt Of January 1901, WAS
a,5s7,3os dollars and So cents, will not be di-
miaiihed On tie III Of January. 1904.
The Tnafuy accounts being fettled to the
3c,h day OF September Iaa, the amooni OF pub
lic debt paid during the half year, commencing
on the 6rst OF April. and cndiog on The so.h
Sept. Sol. az well as the comparative view of
the Treafuy at the commercemeot, and cad Of
that pariod, may be pseciicy aated.
The payments in part of the principal of
the debt. made during ihofe fix months. exclu-
fvely Of certain par.s Of the upiundcd debt.
which have been reimburfcd, have been,
a. To the commiGooers of the hnkipg
fund, and to be by them applied. on the trft Of
January next, TO the Reimbursement of the fix
per cent fock, Dill. Iz9.o+S 5S
I'd. To the Bank of the United otstes. oa
account Of the principal Of fundry temporary
loans, formerly obtained fIom thar inititu-
tion, 100000
sd. For remi,tsnces to HoIsod. on ac-
count of the Dueh debt, 7Sz, ,t6s dollsn and 79
cents ) from which dedueiipg z4s,9so dollars
and 80 s.nts bsing the inteisa and coGImi-