Rhode-Island Republican. [volume] (Newport, R.I.) 1801-1806, 1803-01-15

For the civil department. ara all domrhic
expenccs Of civil nature, 6so.coo dollars.
For the expences attending the intcfcourfc
with foreign nations, including prizs cauies &
Barb,ry powers, 10000 dollars.
For the military aud lodian departments,
$1,000 dollars.
For the naval eiabIilh nent, calcolated on
q fsppof,ion that tx frigmes fhalI bc kept In
confiaa, employment, goo. 900 dollars.
TOTAL, 100000 doIlais.
Neither the payments due on account oi
The convention with Great Britain, and which
will, for three years, amount annually 10 eight
hondred and eighty. eight thoofsnd dollars. nor
the inRalments and interet due on account OF
the 100000 dollars ioao obtained from the
State of Maryland. for the city OF Warrington,
are included in that calculation as they may
be betrayed out of the following refosscss, which
make no part of the permanent revenues, viz.
a.. The furplus OF fpecie in the treafury
which, az the whole amount. there viii not at
rhc clofe of the prsfcnt year fall much Mort of
FIVE millions of dollars, Tar exceed the fun il 10
prudent to keep.
7dly. The uncollefled arrears Of the direa
tax, efima,cd at four hundred lhoufond dollars.
Add
,dly. The out Randing uncollceted inter
nal duties. amounting to near ieyen hundred
thonfand dollars.
The only embarrsament experienced dur-
ing the courfe OF the laa year, arofe from the
difficulty Of procuring the rcmttances necehary
10 meet tho large inaalments Of the debt due ia
Holland. The impofIioiliry Of obtaining bills
on thar country, to the amount wanted by gov
ernment, and the lofs which, on account OF the
rate of exchange. muR be inec,'ed by renting
circuitou1y through England, induced the fe-
crctary of the ueaiury 10 recommend, in a re-
port TO the commilhooen OF the iinking fund,
marked C.) rccourfe to bank Rock az the
mon favorable mode Of remit,ing.
Of the five thoufaod iharcs 10 the hock OF
the Bank OF the United States, originally lab
fcribcd by the United States, a,7So fha'es had
beer fold in the year 1896. by virtue Of the
act, enti,led An att making proviiion tor
the pay ynent Of certain debts OF the Unired
States," and for the purpofe Of diichsag.
ing part of the debt due 60 the Bank.--The
remaining s,7so fharcs were now under the
fane authority. fold AT IS per cent. advance /;
the i,zS7 600 dollaYs which they produced
were, in conformity TO the provihons OF the
,faid aet, applied towards diicharging an equal
amount OF that part of the debr which had
become due to the bank before or during the
year 1896 and the purchaier of the hock
fold. nc the fame time, TO the fresiory, an
equal fun in bills on Hollond at 40 een's
per guilder the iccuring of which large
mount, at that rate, was the induccment or
the part of government 70 diipoie OF the bank
Rock on thoie terms. As the dividend uiu-
ally received on the bank Ruck fold. and she
annual interea payable on the dsb' due 20 che
bank. thus extinguiihed. were nearly equsk
the July half yearly dividend on the hoek, J,
wss in fast the premium paid for the pufpoie
of effeetins the remittance and government
has theseby been enabled TO obtain, without
rafting the price Of exchange. the whole amount
wanted 20 meet the payments due IN Holland,
ill the month Of September, 1853.
Exc,ufively OF, and 10 addition to the debt
Of IA 81 600 dollars thus paid to the bask, eut
Of the proceeds OF the fales of bank fhares a
FUN of eight millions three hundred and thirty
four thoufsnd, feven honGred aod 6fsy -!eyen
dollars and eighty nine cents has beeo paid out
Of the treafury during tho year ending on che
goth dsv Of September laa, on account OF the
principal and intereit Of the public debt. ard
the payments in part Of the principal OF the
debt, made during the fame period, have beenss
followeth -
"A. The payment on account Of 'he prin-
cipal and interca of the domoiiic debt have been
4,6,s. Ios dollars and g cents. From which
dedueiing one years ,orerea on the faule,
3,47o,sso dollars and IS cents. lestes fuin
Applied to the rcinburfcment of she principal OF
the G x per cent. & deferred Rocks, of I.IS7.S4s
dollars and 81 cent?.
I'D. Paid To foveigc officers. and for the
regiRcred debt, Q ,6o3 dollars and iS cents.
,d. Principal Of domehic loans lcxcluGve
of the ,.S7 600 dollars paid oot OF the pro-
ceeds of bank fhares) zo1, 400 dollars.
4th. Evidences of public debt paid for
land, I7,i6s dollars and 50 cents.
s,h. The payments on account Of the prin-
cipal and intereR Of the foreign debt have been
,,,,oS74 dolIsrs aod g cents, From. which
fun dedotaing one years in,erea and charge.
equal to 46,,73I dollars. And on account Of
the different rates at which bills have been pur-
chatcd. and Of fundry bills returned for n-psy-
! ment, and now in fuit, a further fun Of S1,,S4
dollars 9s ccut'--makes s45.ois dollars and
! oS cents Leaves applicable to pay yment Of the
principal ..76ssss dollars and 81 ceots. A.
mounting altogethes to o4,IS,,S69 dollars and 66
cents. r
AID if TO that FUN be added the r.,S7 900