Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-12-11
DECE.yxBEzs n, 1874.

January, 1888, To be So $50 s2 81 IL is estimated that
OF former appropriations there will remain xpendcd
at the close oi the year, the of SSOU2 925 H. OF
this amount, 1T supposed that only 5lll 96i q will
be required to accomplish the objects ntendcdby the
rent appropriations; leaving the of y997i2 93
plicabc afterwards under permanent appropriations
that of 81 3}05 ~ 10 be applied in aid of the appro-
priatons for the ensuing year. without re-appropraton
will be in the estimates when submitted and the
balance of 1887 800 IL, which has been required
all. or scasonaby for the objects contemplated in its APP
ropriaon and will therefore be Carried 10 the surplus
fund. In the examination of this result outstanding
appropriations tshould be noticed that small
OF unclaimed interest the public debt and another of
unfunded debt though carpcabc OH the Treasury are
not included. Embracing these and the amount app-
cable 70 permanent appropriations there would
not be money enough in the Treasury TO pay
ry clam outstanding; but excluding them, will be seen
that the ctecual unexpendcd funds the ls of Janu
ry lS3, will be 50 536, 252 81 what will b.
CURED for The remaining and unexpended appropriations
being 50 lll Gl 27 other words, that draia
Ole means then hand TO discharge all the old and exist
ing claims the Treasury, with the exceptions before
named, will be about $444 2GS W than their actu-
al amount.
The subject deserving consideration is The cond
ton of
II.--THE Pubic DEBT.
All the four and half per cents outstanding nj the
except the of S1i3 p. Money sufficient to meet
the whole balance placed in the United States Bank
and its branches Commissioners of Loans, in May last,
and that portion yet paid the holders of the debt
still remains in those repositories.
part of the five per cent. stock created in March,
A. d. 1921 amounting to $4,7l2060 - was all of the
600 Of debt existing in A. d. 1916 and of the
suDscqaeat additions Is he doomed
II did not become payable till the LIST of January 1896
Dut as there was sufficient money i'm the Treasury for the
purpose and 1T having been considered beneficial 10 the
public to far prac tcabe all the accrung i'm
cres carly IN July last agents were employed by this
department. to purchase at par possible the whole of
the remaining debt.
Between that time and the Both ult, the Department
had succeeded i'm rcdccming about S1yI 2S 30 Of it, and
additional purchases constantly making. In Octo-
Der last the undersigned that the whole of
this debt unrcdcemcd after the LIST of January next would
la ,ntlty I,la,
that date, on application to the Commissioners of Loans
IN the several States Under the authority from the
commissioners OF the Sinking Fund this Department
has since placed and made rrangements to place sea-
sonaby IN those Offices ample funds for the above pur-
pose.
Thus, before the close of the year. the whole will c-
Their be paid money provided pay it; and the Uni
ted States VIII present that happy and psobably
dern times Unprecedented spcctacle OF n neone sinh
stantay free from the smallest portion of public debt
Considering these facts, it deemed proper to charge
the whole amount of the remaining debt 10 the cxpcnd
lures oil the present year. Interest all paid be-
fore the Both n has been computed till the lst Janna
ry next the time being short the account for the
payment OF the public debt during the year, will then
All the disbursements on account of tho
81 be- ..t as before fore sLo%n s5,lcl.oz 10
to Principal. 5,95477l OF
Making. together, the sum above mentioned
The stocks which will have been redeem
Cd by the application of this sum durng
ofthe residue Of tho exchanged l-apss
ess,ni sosS issued under the act ofa ih $1,000 80
The residue Of The per cent. issued I'M "
:. der the &C. Of the "a March isal, A7IaOso 90
A S'i % es''SI %o S @''"'''' ''' g %
Making ia all the principal before named.
There "a AN uniunded debt OF about
Consisting Of claims registered prior TO
l79S for services and supplies during
Ts1 ss. sss; s'ss during The 1858 g g
Nolin been paid during present year
eSpt @ a. n should the certificates ever Be presented which is
not very probable oil them the undoubtedly will Ill
ways exist for their pay'len at this Department.
InTHE EsTtMTEs OF THE rgnlc REVENUE AND
Next require attention, and u follows:
The receipts the Treasury from
all sources durias the year 1895, are
VIZ From Customs 100000 S-''''''''' ~
Bank Dividends and Mi.ccllancou, Re. '''O''''
which add the balance Of available funds 'D ia GC
Treasury tho lat January, 1885, estimated 55Gs3s
And they make together the of $95,SsGQsa 81
The necessary appropriations for the 1885, IN
mated si5,Gco a.e a. but tie whole expenditure,
the additional Of 81 s21yaOs a. which Ge. before
gethS5 si7,lsasiI SO
ciyilforego Intercourse, aai msccllanc-
Military service, &C., Pensions nnI tho %
appropriations under the act OF 7th
Naval service and gradual improvement, 4G79e6i II
Unclaimed interest on Public Debt, $4,000 90
To this add, rs a contingent expenditure,
SS, ha o. nS a%Sm Ci the @,e1as
Inmates during the last three years, 25oo,oOo 90
AMI they mako tho Of S19.Gs3 90
Leaving available balance II tho
Treasury, at the close of the year
1885, tho LIST of Jan, 1896,
estimated at 5000 GOO so
But should the whole amount Of former approximations
current and permanent that will be outstanding on the
st of January, 1885, and be needed complete the
vices of former years amounting i'm all before shown
to the Of G41 7G7 20 be actually called for dur
ing the year 1885, there would be apparent deficiency
in the Treasury the LIST January, 1886 1t usually
happens however, that Of the and old appropria-
tons of FIVE six millions remains uncaucd for at
the commencement of each year. and hence zeal
fct is then anticipated, much if any excess, after
dcirayng all the expenditures then chargeable to the
Treasury.
This estimate of receipts is formed on the supposton
that the value of imports during the ensuing year aud es-
pcciay Of those paying duties will not er essentially
from tho average value during the last years. Though
population has, within that period probably increased
over one million: yet our manufactures and internal
trade have probably increased nearly in equal proper
tom and this circumstance coupled with the greater
caution aud frugaty pactsed during the past year and
still continuing WILL it is believed tend to prevent any
considerable augmentation in the consumption i'm
poriaiion of foreign articles Those during the three
past years have. average been about 81 OBS 49,
The exports during the year estimated SO7
3lS,72i Of which S74 444 .420 in domestic and
so S74 2l5 in foreign products; being, compared with
the preceding year increase of $685. ,21 oc which
$3S02399 in articles OF domestic and 50 552 g22
in those foreign products The average xports during
the last three years have been about S9 1900 Of which
9dW76 arc the average IN articles of domestic pro.
! ducts, and S22,3ll ia ina those Of forcign