Edwardsville spectator. [volume] (Edwardsville, Ill.) 1819-1826, 1824-01-27
the three first quarters of the year 1872:

miscellaneous, l,5lO735 IA; military
service, including Tor iicatlons, ordnance,
Indian department, revolutionary and mi.
litary pensions, armirg the militia, AM
arrearages prior 10 lst January, 1917,
4,383 us g.; naval service, including
the gradual increase of tbe navy, 1,776,-
989 81; pubiiG' bit, 1881 4O7 II. fhe
expenditures ds,Ii,g tn lourtn quarter
are estimated at 1894 $50 74-Viz. q.
vii, diplomatic, aud sUellaneous, 49,
7o4 IL; military service, including tor
uhtalions, ordnance, Indian department,
revolutionary aad military pensions, arm
ing the militia, and atrearages prior TO
LIST January, 1917, 899,449 90; naval
service, lbciadlDs the gradual Increase OF
the navy, 726,776 AS; public debt, L.
| 778 629 24-makIng The total estimated
expenditure OF the year 1928, Is 5,3l7,-
4O7 o., and leaving in the treasury, on
the Isl January, 1924, an estimated ba-
lance oil S9.364,o55 IT.
Alter deductmg from this sum certain
balances OF appropriations, amounting TO
! S2,897 O86 AZ, which are necessary to
eHec, the objects for which they were Sc
verally made, or have been deducted
| from the esnmates for the service OF the
ensuing year, balance oil S6,466 969 80
aims; Which, with the receipts into
The treasury during The year 1924, con-
srtutes the means Tor deiraying the cur
rent service of tlat year.
Q. Cftle Pubhc Debt.
The funded dlht, which WIS contract
ed before the var 1912, and which was
unredeemed on he Isl day of October,
1922, amountedto s II 1882 60; and
that which Was contracted subsequently
to the Isl oil Janlsry, 1912, and was un-
redeem d on the Isl Of October, 1922,
amounted 10 75,a52,84 58--n aking the
total amount of funded debt, un edeemed
on the lst OF October, 1922, S93,042 10
l8. In the fourth quarter Of that year,
there was paid tht sum OF 2 265 673 50,
VIZ. relmIipburse'i oil per cent. deferred
stock, 265 ,673 50 I'd mption oil six per
cent stock oi 1920, 1000 900 reducing
the funded debt, on the lst OF January,
1923, to % 777,o27 Sc. From that day
to the lst oil October last, there was adj
ded TO he debt, in three per cent STOCK,
l32 80 /; treasury note six per cent. slock,
l,56 81 treasury note seven per cent.
stock, lS5-i829 26; making an agsre-
gate Of 90,778,857 u. During the same
period, there was paid, in mhursemenl
at The deferred SIX per cent. stock, 327,-
O22 88-reducing the funded debt, on
the Isl October, 1928, to 90,45 1884 d.
Since that day, there has been added, IN
treasury note SIX per cent. ock. 7l6 IS,
making an asgre gate Of 9o,452 $50 90.
Ii is estimated that the remit 3roement
OF deferred stock, in the fourth quarter
OF the present year, will amount 10 274,-
598 S5--w ncbs will reduce the funded
deht, unreeiroincsl on the lst January,
1898, TO 500 III $50 IA. The amount
of treasury notes outstanding on The Isl
Of 0ctooer, 1928, is estiu,aied at 90 l22,
and the amount OF Mississippi stock un-
redeeamd on that day at 81 258 81.
Sd. 0fihe Estimate ofthe Public Rene
nne and Erhead4are for the gear
1924
coipts Of the year 1925, agree, subs,an-
tally, with the estimate presented in the
las, annual report The only deficiency
rs IN the proceeds Of the puolic lands
aud that is understood 10 have been the
consequence Of IA expectation, general
ly entertained, that lie land, " hch were
relmqu:shed under the act OF The 81
March, 1921, and which are supposed
10 present the strongest Inducements to
purchasers, would be brought into mar
ket early III the ensuing year; with re-
specl t. the customs, however, the anti
cipations that had been formed, both as
TO the circumstances which were calcu-
lated 10 have an influence upon their pro-
ductivcncss, and as TO the results, have
been completely realized. 1t is believ.
ed, therefore, that data founded Don the
same principles as those which govern
ed in forming the estimate for the year
1895, may be satisfactorily presented as
the basis of an estimate for the year
1921. With this view, the Secretary
has the honor to state:
ls,. That the gross amount Of duties
on imports aud tonnage, which accrued
from the lst Of January to the 3oih OIL
September last, inclusive, is estimated
at Sl7,8oo 900; and thu, Of The whole
year, at 81 100000. OF This sum, thai
portion which accrued in the first half
of the year, is about 100000 less
than that of the same period in.lhe pre-
ceding year: and that which accru ed in
the three FIRST quarters OF the year, is
estimated at SLIGO 900 less than that o.