The enquirer. [volume] (Richmond, Va.) 1804-1815, 1813-06-11
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| Fne sum ~ Gl,S557S1 SIS, ZEN aiming.
| III the treasury On the lst OF .sDril last. n
| SWali pax may b. consider. q as ap,,liC. bic
! 20 such extraordinary expenses aIreasy AM
| lhorised, Is may arise during the femaincer
! OF the year; and for tsv same object. the
sum II one million of doll RS authotiset nv
an act Of the state OF PernS, lvapia tn he
loaned to the United States. hat which va
not oEered la tine to be acce, ted as a rars
| OF the loan OF sixteen uiniirns, ma, be con-
adhered as resource.
In this estimate che whole sam of 6 o
millions Of dollars authorized 20 be issued i,
reasury Notes, Is taken as q part of the re.
sources 81 t1e present Year. But ~ i /. nor
decWed ei,gl6ie t. enc' ease the amount rs
treasury Notes in circulation, and as tn rse
millions only OF those authorised nv the ace
Of 1912 were issued IN thar wear and are re.
imburseable in the course Of liae present ,r,,r
u Is respectfully suggested that in lieu or,is-
suing two mi'iiens OF the hve millions au-
'horised by the set Of February 1873. -,
gress should au;boriss an additional ic,n -,
che same anount. it being made condtion
ct such loan hat it's terms should nnt he
hig ef han ta.e ct the Loan Of sixeeen ,,,r-
lions already effected.
ihr i>ruvisi,n ALREADY considered I, e.
the service of the present wear on.y thar
winch viii b. necessary for the year 1914
requires an early attention. 1t is dficu.e
W. n,
viii be received into the treasury from ,hS
revenue as now established. During a state
"' war; the cu't ms, at the present rate cs
duties, nave been heretofore. estimated tn
produc" I'VE millions of dollars. 1be AID
diiionai tonnage duty imp. seCl upon fore,vn
vessels bl the act OF ,he lat Julv 1912. ur',-
ducitE ABOUT 100000 dollars a veg. ~ nos
inci1ded 80 that 'un. 1t is believed thas
during ti'e year 1917, a greater sur, than
ave mIiilons two hundred thousand dollars
ought NOT tn be relied uuen as recsivanIs
iniO the I treasury from Custom hons. a.
ties. The sum arising fem sales of uubija
Ia"ds may 6e estimated at six hundred .th,u-
'abd 0oltarS. making together 500. go d,L.
'ars. he interest airDe, ON The pubic fun
ded febt, on temporary !, ans and ou the
Treasury n otes, which will becciue iavsnIr
IN that year, viii amnant to four nitli,ns mr.
hundred Thousand dollars. y e otler en-
Sagemehts' on acco If sin, principal &C
he funded deb, Gf temporary leans. md az
Treasury Notes, which will bec,,ne - nv,
Dursab4e 10 that year, amount to 7.i50 700
dollars. exceeding together, by ,n,rc than
hNe millions seven hundred tnousaud oollar.
the estimated amount of the rsceipts Ito
the treasury derived from the revenue as
now Established.
MS view Of the subject is sufficient,
eVince the necessity OF a speedy and rF.c.
/ tual provision for the service of tbst and tho
-nsGingy ears. The n.ede and the ex,rnt ,r
"h1ch this provision shonld be carried. have
oeen heretofore suggested ltol1 chi, cet,Ar,-
ment To Congress, and have rece,yed tho
consideration of that body. The cx,ences
OF the peace establishments az the IJn,ted
states, and The interest on the public d.bt
including that on the loan made for The ,,rc.
secution OF The war, are believed - br th,
ieast s''n' that 0ughi, uuder auy Circun,stsc
| es' 20 be raised W.T. in each ar. Flee &c
'ne e%Pences OF the peace establishment -.
| sakeh ~ lhe sum necessary foJ. the ordinar,,
expenditure OF Che Un,ted S ates nrev;.,,s
| " to the additional armaments MADE IL, ~.
year AoA%e with view To an apprcacbi,,,.
STATE OF war, aud incluSing the in,,,ss, 20
the loans ct the years 1912 and 1879 81
also OF that which viii probably be uer."'sl
Try I'D tins year jgl4, will amourt 80, -.
that year, to eleven millions foar h,o,I.,,s
thousand dollars, viz. W
| The expeDce Of fhe peace
establishment, exclusive cf
the additional torce au-
thorised by the acts pas
sed during the year 1912.
may Oe estimated at cz IN, ~.
| 1 he interest On the Dublic 'VeS'"SH
debt during the YEAR
\ 1914. will be as follows:
~ o. o'o tended debt 100000
! 1912 including ,empora-
4 ny loans received IN pdyt
y OF the loan Of eleven mil
hons, which will remain
unpaid in 1914. Enn con
On . per Cent. stock Of