The enquirer. [volume] (Richmond, Va.) 1804-1815, 1811-12-03
19,750,i76 %

The actual receipts arising from rcvenuc
a1pne, and exclusively fthe temporary loan,
SINCE reimbursed, appear from this state
ISfnt to have exceeded the current eXpen-
'sss, including therein the interest PAID On
the debt, by a sum of more than five milli-
afis and half of dollars. But the pay
l4ents on account of interest, during the year
eIiuing on the 3Oth Sept. 1911, have, from
an unavoidable delay in making the usual
y'emittances to Holland, fallen short of the
amount due during the same period, & the
real excess OF receipts arising from reve-
nue., beyond the current expenccs, inclu-
ding the interest ACCRUED on the debt, "a
npunts only to near 100000 dollars.
The receipts for the last quarter of the
YesHr 1911 are estimated at 800, 600 dollars,
and the expenditures Gncluding the pay
ment OF arrears OF interest & near 9, 10000
dollars on account of the principal of the
public debt) at 4, 300, 900 dollars, which will
ie9ve at the end of the year balance in the
Treasury of near three millions of dollars
1t Will not therefore be necessary to resort
Tor the service of the present year, to the
loan authorised by the act of the last session
OF Congress.
9. Year 1912
It's ascertained that the nett revenue a
rising from duties on merchandise and ton
mage, which has accrued during the three
first quarters of the year 1911, exceeds
Six millions OF dollars; and it may for the
Whole year be estimated at about 7 SOC, 600
dollars.
The custom house bonds outstanding on
the first day of January, 1912, and falling
tHe in that year, are also estimated, after
dsducting bad debts, at 100000 dollars
ms sum may thereto be assumed as the
Woo'ble amount of receipts into the Trta-
shry during the year 1912 on account of du-
frp md 80
on OF the revenue arising from iInportations
subsequent to the present year, which will
Se received in 1912, being considered suffi-
Gent to pay tae debentures and expenses of
collection Of that year.
The payircn.s made by purchasers of
pubic lands north of the river Ohio, having
during the two las. years, after deducting
The eXpenccs and Charges on that fund, "a
mounted to near 100000 dollars a wear: that
branch Of the revenue may for the present he
estimated at that sum. Allowing one hun
dRed thousand dollars foi the other, small
items OF revenue, which consist principally Of
arrears and repayments, the whole amount
OF actual receipts into the Treasury during
the year 1912, may therefore be estimated
at S s,20o,OoO
The current expenses for the same wear
are estimated as followeth, viz:
4: Expences of ciyl nature both
domestic and foreign I.g6ana
q Military X Naval establishments
according TO the estimates of
those two Departments, and iu-
Aa'iding the additional permanent
appropriations for the purchase
II arms, and for Indian annuities,
fsZ.
Army (incuding 80, 900 dol
iTs for milita) 2,5Sf,0O9
ArscDals, and ord
1,nce 614yDp2
Naval department 9,5OO,0OD
fffilan department 10000
------~--- 5,0f5, 900
o. Interest ths pubic debt e.q25'000
Amounting together to So,Aoo.Ojo
And exceeding BY 100000 dollars the
probable amount OF receipts. This defci,
may be paid out of the sum Of three millions
OF dolls. in the TREASURY. R,f nnder c,.ie