Virginia advocate. [volume] (Charlottesville, Va.) 1827-1860, 1830-12-24
DOCUMENTS

been transmitted TO both Houses OIL
Congress. The following abstract of
its contents is furnished in the Nation
al lntelligencer -
From this report it appears, that the
receipts into the Treasury, in tie year
1929, were from customs, twenty two
millions six hundred and sighty-one thous.
and nine hundred and sixty five dollars and
ninety lone cents from sales of public lands,
ono million five hundred and seventeen thou
sand one hundred and seventy five dollars
and thirteen cents from dividends on bank
stock, four hundred and ninety thousand
dollars; incidental receipts, one hundred and
thirty eight thousand four hundred aud eigh-
ty six dollars and thirty four cents making,
altogether, twenty four millions eight hun,
dred and twenty seven thousand six hundred
and twenty seven dollars and thirty eight
cents.
The receipts into the Treasury for the
three first quarters of tho present year, 1880,
we've from customs, seventeen millions two
hundred and sixty eight thousand one hun
dred and twenty two dollars aud seventy
four cents; sales of lands, one million two
hundred and ninety three thousand soven
hundred and nineteen dollars and twenty Sc
ven cents; bank dividends, four hundred and
ninety thousand dollars miscellaneous,
eighty four thousand one hundred and seven
~ SIX dollars and sovcnty eight cents esii.
mated receipts for tho fourth quarter, from
all sources, five millions and twenty five
thousand dollars; making, altogether, TWEEN
ty four millions one hundred and sixty one
thousand and eighteen dollars and seventy
nine cents.
u tho estimated receipts OF the fourth
quarter OF the present year be correct, there
VIII DC a deficiency in the revenue of 1880,
compared with that of 1929, of six hundred
and sixty-six thousand six hundred and eight
dollars and ffty-nine cents.
The expenditures OF 1929, amounted to
twenty five millions forty four Thousand
three hundred and fifty dollars and forty
cents. The expenditures of the three frs,
quarters of 1880, amount to twenty millions
seven hundred and eighty thousand nine
hundred and thirty six dollars and eighty
four cents; tho estimated expenditures fur
the fourth quarter of 1880, amount to four
millions three hundred and sixteen thousand
and tour dollars and ninety eight cents, ma
KING the whole expenditures OF 1880, twenty
hve millions ninety six thousand nine hun
dred and forty one dollars and eighty two
cents The expenditures for 1880 are there.
fore, forty seven Thousand four hundred and
sixteen dollars and fifty eight cents more
than those for 1929.
The amount of public debt paid in 1929
was twelve millions three hundred and eigh.
ty three Thousand eight hundred and sixty
seven dollars and seventy eight cents; the
amount paid, and to be paid, in 1880, is ell
even millions three hundred and fifty four
thousand six hundred and thirty dollars and
nine cents.
The total amount of the pubic debt on the
hrst OF January, was forty eight millions
hve hundred and sixty FIVE thousand four
hundred and SIX dollars and fifty cents, con.
sstlng oil SIX millions four hundred and for
ty thousand five hundred and fifty six dollars
and seventeen cents of six per cent stocks
twelve millions seven hundred and ninety
Two thousand dollars and twenty cents Of
live per cent. stock, including the seven
millions held by Government IN tho stock of
the Bank OF the United States fifteen mil
lions nine hundred and ninety four thousand
and sixty four dollars and eleven cents of
iour ana calf per cent. stocks thirteen
millions two hundred and ninety six thou
sand tw" hundred and forty nine dollars and
forty i've cents of three per cent. stocks :;
Inc balance consists of upwards of thirty two
thousand dollars of small items
The Total amount of public debt on the first
OF January, 1881, will be thirty nine millions
one hundred and twenty three thousand one
hund'ed and ninety one dollars and sixty
eight conts.
The whole remaining amount Of this debts
redeemable, nearly one half at the pleasure
OF The Government, and the balance at diff.
ferent periods down to the first of January.
1885
The amount of imports into tho United
STATES tor the year ending September Both.
1851, was sixty eight millions five hundred
thousand dollars, and the amount of exports
LOT the same period, was seventy three mil
hons eight hundred thousand dollars OF
tne exports, fifty nine millions four hundred
thousand dollars were domestic, and fourteen
millions four hundred thousand foreign pro-
ducts.
The amount ofduty on imports and ion.
mage which accrued in the three first quar-
ters OF the year 1880, IS estimated at twenty
millions five lr.ndred and seventy thousand
dollars and in the 9TH quarter al five mil.
lions six hundred and ten thousand dollars
The report states that it is estimated that
the accruing duty on coffe and cocoai
imported IN 1880, and remaining in
store on the LIST January, 1881, will be re-
duced about FIVE hundred thousand dollars
by the operation OF the acts of the last ses.
sion, reducing the duties on those articles !;
and that the duties on coffee, cocoa, salt,
and molasses, accruing in 1887 and payable
within that year will, upon late consump-
tIon TO that of 1899, be further diminished '
by those acts about six hundred thousand
dollars The repeal of the duties on ton
mage, which will take effect on the LIST of
April next, will further reduce the revenue
OF the next year about seventy FIVE thousand
The subsequent reduction Of tho duties on
Tea, coffee, and salt, on The LIST January,
1897 VIII probably lessen the usual mporta-
ton OF hose articles for the demand of 1881
But the influence of those circumstances I'M
on The revenue will be in some degree coun.
teracted 10y the increased capacity of the
country Tor consumption, as evinccd by the
enlarged amount Of domestic exports, the
general prosperity OF mercantile business.
ana Tie favorable state of exchange with TO,
reign countries-to which may be added the
opening OF the trade with the British colo.
mes, IN The West Indies, and on the North
American continent.
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