Edwardsville spectator. [volume] (Edwardsville, Ill.) 1819-1826, 1825-02-08

1876. And, with the balance 10 the 1rea-
sury on The LIST of January. 1924, form
ing an aggregate of 36,444,8l6 II.
The expenditures during The three
first quarters oi the year 1924, are esti-
mated TO have amounted TO Statement i
S2L563,7O2 70, viz Civil, diplomatic,
and miscellaneous, l,792,456; military
service, including Notifications, ord
nance, Indian Der artment, revolutionary
and military pensions, arming the mill
tia, and arrearages prior to LIST January,
1917, 4.5l3,874 40; naval service, in
Guiding the gradual increase Of the navy,
2,l72 6zi 81; awards under the Florida
treaty, 4, US OH 90 public debt, 8,274,-
528 81. And the expenditures during
the fourth quarter are eslim ated al 10,
474,445 l3--viz: Civil, diplomatic, and
miscellaneous, So $40 IL; military SER
vice, including fortiications. ordnance,
Indian Department, revolutionary aud
military pensions, arming the militia, and
srrerrages prior 10 Isl January, 1917
765,546 IS; naval service, inc iuding the
gradual increase Oft the navy 734, 543 81;
public debt, 8,293,884 85--makng The
total estimated expenditure OF the year
1894, 81 ,938,l47 IS; and, leaving in the
Treasury, on The LIST OF January, 1925,
an estimated balance of 1906 668 81.
1t is 10 be observed, however, that
this balance is not considered as subject
to appropriation, as there is about an
equal amount of unsatis6ed appropria-
lions, which. though not called for in
The year 1924, are necessary for The OBJ
jects for which they wers sevorally
made, and which are, therefore, an eX.
isting charge upon the means OF the
Treasury.
Q, Ofthe Public Debt.
The funded debt which was contract
ed before the year 1912, and which was
unredeemed on the LIST OF October 1925,
amounted Statement No l. to 10 597,
7I8 So. and that which was contracted
subsequently 10 the Is, Of Tau. ID, and
was unredeemed on the Isl Of Oct, 1925,
amounted (No. p to 73,954,545 As
making the the total amonnt Of funded
! debt, uDredcened on the Isl OF October,
1928, 9O,45lS64 o3. In the fourth
quarter OF that year, there was added ~
Treasury Note 6 per cent. stock, 7l675;
making an aggregate OF 90,452,590 73.
And there was paid, in the reimburse
ment of deferred per cent. stock, 274,
SIS 88.--reducing the funded debt on.the
lst of Jan. 1894, (sletsment Ne. 9 10
| 90,l76,0l4 80 From that day 10 the
s, Oct. last, there was added in ionr ea2
a half per cent. stock, under the act of
May "a, 1924, 5000, Doom aking an
aggregate of 95, l78,Ol4 90. During the
same period there was paid the rcsidae
of the deferred s per cent. stock, 357 $40
%; and in purchasing the per cen.
stock, 4l23 397 lO--naking together
448o,o43 Sc; aud reducing the funded
debt, on the LIST OF Oct. 1924, No. 81 to
90 ,6e7,O7l 54, In the fourth quarter of
the year, it is estimated there will be adj
ded, in a. per cent. stock, under the act
of May GO, 1924, ,5O0,0oo-mak!3g az
aggregate cI 93, 1877 OH 54. And during
the same period il is estimated there will
be paid for the redemption of the par
cent. stock, 4,485,O93 II, and of the ex
changed 6 per cent. stock, 2,663,974 80 !;
making together 7,l52,O63 l6; which
on the LIST Jan. 1925, (including 7,ooo,-
| 900 per cent. stock subscription to the
Bauk of the United States, for which the
took of the Bank held by the govern
mem is considered an equivalenD Z.
86,o45,oo3 So. The amount of Treasu.
ry notes outstanding on the LIST of Oct
1924, is estimated (No. a at 1875,
And the amount of Mississippi stock un
redeemed on that day, including awards
not applied for (No s. at l4,ol6 So.
BY the proceeding exhibition of the
fiscal operations OF the year, it will be
perceived, that il the expectations form
ed, respecting the fourth quarter should
be realized, the receipts will have ex-
ceeded the estimate presented al the
last session OF Congress by about $500,
900. The only failure has been in the
proceeds Of the public lands; and that
has been the result of a disappointment
in regard to the relinquished lands ;
great portions Of which were supposed
to offer strong inducement to purchasers,
in their fertility and situation, and other
circumstances. But not only has the
quantity sold been less than was antici-
pated, but owing, it is believed, in
great measure, TO combinations of CAPT.
talists, by which actual settlers we're
deferred from competition, the price
| has not. with few excentinns. exceeded