Portland gazette and Maine advertiser. (Portland, Me.) 1805-1818, 1812-12-21

genius, fortune, sand bravery of Lord
Wellington and his heroes to achieve
in the Peninsula, prior 10 the haal ex.
pGlsion of the enemy. Victory indeed
leads 10 victory, out much skill, cour-
age, and blood must still be expended,
before the invaders be made either 10
abandon The country or bite the dust.
u S. FINANCES.
Abstract Of Mr.. Galiarin's Rehorr.
The receipts into the Treasury
il the year ending Sept. 90
1912, from all sources Of re
venue, was Sle.934. SAC 90
On account OF the III millions
loans o4G2l2 so
Balance in the Treasury. Oct
1911, 3.947, 8I8 Sc
Total possessed in that year in
revenue, loan and balance, 20,7z9, 977 rs
Disbursemests same year
Civil Department, 1928 O69 IS.
Army, militia, Notifications, &c 7,77O, 500 %
NAVY Department 3.1O7, sol 81
Indian Department $50, y75 90
Interest on debt 2,498 .O13 10
Principal Of debt 2.g58,4A so
Total expenditures that year 1855. 325 OF
Balance in the Treasury 1851, 652 50
Loans.
The loans contracted Tor dur.
ing the year, are on o per
cent, stock payable ~ 1925 7,4i5,2OO 90
Temporary loans at 6 per cent
relmbursable 18l3l4 also. 900 90
Treasury Notes, At Is per
cent relmbursable ia ons
year 3,5l5,OUO I'd
Total 3.IOo,zO, %
Ofthese sums 5,847,212 50
have been received.
Esfi7jluted Revenue ~ The mex Jear!
From Gus I'm house BOMBS, . II $4,000
Sale ofIands 5vJ 90
100000
Expenditures.
Civil List 100000
Interest on debt 3,3OO,OUJ
Pa nlent on account Of princi-
pal, Ire asury NOS. tempo
Tary loans, &c. $500 900
Military eXpCnCes, Indian De-
pArtm=nt, &C. 1905, 900
Naval establishment 49z5.LOo
3l.925, 700
Revenue, 12,OJO, 90
| Balance to be Proviaea for 19,925,oOO
OF this sum more than one million is
already contracted for, and Acre re-
mains on hand a balance OF about a
million aud a half in Treasury notes
not yet disposed Of. An authority TO
| issue new notes for about two millions
aud half more beng the amount REIN.
bursable in 1918, will still keep The
| whole amount issued at five millions
and reduce the amount VI the loan 10 q.
! bout fifteen millions OF dollars.
The preceding estimates do not en-
brace the expense incident 10 the fro.
tossed increase Of The navy nor any other
expenditure nor get authorized BY iIfy.
la order 10 meet any nczy erhences
which may thus be authorized by Con-
gress IL will therefore be necessary 10
increase the Ian 10 corresponding :.
mount.
OF the revenue which will accrue
during the year 3;and on which the
receipts Of the year 1914 will principal /
ly depend, it is not practicable at this
moment 10 form correct estimate. 50
far as may be inferred from the expert
ence ot the short period which has {.
lapsed since the declaration Of war, il IS
not probable that the revenue derived
from customs will exceed tire amount
: of s., 5000 al which it had been Is.
, timated III former communicates.
\ 4 he duties accrued, or which will ac-
crue, during the last six months Of this
/ year after deduCting drawbacks and ex'
| ptnses OF collection are estimated At less
, than 89,O0O,OOO, which, deducting a.
. bout S., 100000, on account of duties
, on the late importatious from q Brlt-
ain, and Une million for the duties on
importations from Calcutta and China I
would not leave more than 2,5C0,O0c 4
for the ordinary revenue Oh those bran
ches OF commerce which are permitted
: by law, and from " hich the Y. ,. vail 4
not be neatly excluded by The war;
:. NORFOLK, DEC. 81 have bat
I; moment to lay, that | am jult told
1 Of the arrival in Hampton Roads Of
] a South-Sea fhip, with 1900 c.RsS o.
oiland IS tons Of ebsay, prize 70 IN
t CongreG, Capt Smith, taken of the
l. Weltern lies the goth of OF. Inc
? nr;7e left Commodore RODGERS and