Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1835-12-21

mated, be sufficient To meet the whole AT once,
aud leave to he hereafter applied by Congress 10
ne" and other purposes, the sum OF about So,
i5oo2i
l lie neM subject deserving consideration, Is the
action oi this Department since the last Report IN
relation TO the final eNtneui>hment OF the
II. Public Dedf.
Before the close of the year 1854, ample funds
were deposited with the United States Bank, rs
commissioner OF Loa ), To discharge all The pub
TIC funded debt, which VAS lien outstanding.
vi the tnnds SO deposited heretofore, and still
unclaimed BY the public debtors,
there remains IN the POSSESSION OF
the Bank, the sum Of Sli35S t3
Since the l>i OF January, 1875,
there has been pad from the
Treasury ot interest X dividends
outstanding and before unelam-
ed On the funded debt tie sum of 60 900
There still remains of the same
debt, due and unclaimed, hut
ready To be paid whenever de-
minded, an amount equal TO
bout 2.,3 ,56
Similarly situated is small unfun.
died debt of 37,5l3 90
which may hereafter be claimed. and on Which
hasheen paid during the past year
only 500
1t consists OF claims registered pfior
10 l79S, iol s.r,iccs and sup
plies during the Revolutionary
war, equal 10 So ,i37 90
Treasury notes, issued during the
var o. 1912, 5,755
and Mississippi stock, 1920 60
III. 7Ar ESTIMATES Of The Public Rerenne and
Expenditures for The year ls56.
Thcrcccipis into the Treasury from all sources
during the year 1886, are es'i
mated at slo,75o,ooo
Customs, l5,250.0 900
Public Lands 100000
Bank dividends, and miscellaneous
receipts, 5O0,00O
To Witch add the balance of available funds IN
the Treasury on tue first Of January, 1886, est
mated al Sis, Oh sos, aud they make together
llr sum of 81, 1T p9S
The expenditures during that year
for specified ordinary purposes,
are estimated at 16,756,Sl5
Thus the permanent and new ap-
preparations for those purposes,
required for the service of that
Year, are estimated at l6,1l2,l0S
Under former appropriations, there
is included in the estimates for
1886 sum proposedto be- used
lot me NTNlCt ol loDD, without
appropriation, equal to 6,a4l.7o7
And these Two sums amount 10 the
Aforementioned aggregate Of l6,156, SIS
They are divided among the differ
en-, branches of the public SER
vice, aS follows, VIZ ne" appro-
rriations for civil, foreign inter
COURSE and miscellaneous items 3,oil ,0s1
Military service, pensions, &c. S,o02,3lo
Naval service, and gradual improve
mcni, 1,768, 7Os
Previous appropriations TO be used for 1896 fer
civil &c. S5,lo2, Tor military, &c. $500
BY virtue of former acts of Congress- there will
probably be wanted. during 1896, for the payment
nj interest and dividends unclaimed ON the funded
debt, and of uniuuded debt itself, yet unpaid the
sum OF $4,000.
To Ties, add such contingent excuses of new
appropriations hV CONGRESS for ordinary pur-
poses as are not included III the estimates, but
which are likely TO be deemed proper by thai body,
and tie grounds OF Which were explained in the last
annual report, So 600 GOO The estimates of ex-
pcndurcs in 1896, for extraordinary purposes
which are submitted in connection viii The mill
larv and naval services. amount 10 S},32b,S so
Making, a. estimated for the service OF 1890,
all the new appropriations t.very KIND, speclll-
cally called for, 10 be ST., ,o23 ; and all The
expenditures OF every kind, faf the service OF the
same year 10 be IN the aggregate S23, l33,o10
On the suppositon that the appropriations out
standing and unexpendcd al the ends of the years
1888 and 1880 will be similar in amount, tins
would leave an available balance in the Treasnrs
at the lose of the year 1886, on the Isl
of Jan ulfy, 1887, estimated al about gil 800
900 provided tho receipts BIZ as computed,
md Congress make 10 larger appropriations
for extraordinary other purposes, At the pre-
sent session, tlan those enumerated III The estl-
mates submitted. From tins amount after de-
Quoting about eight millions to pay the outstanding
concentrations, 10 which the Treasury will proba
biz stand pledged, there will be left, 1T the cloSe
of 1896 nrtt balance of only from six 10 Sven
millions applicable 10 any Other use, which Con-
grc>s MAY now ,or then, br pcasedt to designate M
stead of about ten and hall millions, the nett bal
ance estimated tohe left applicable Al the close
ni 1855. In other words, the expenditures will,
in the ensuing year, for only the Objects Speef-
ed in the estimates, probably exceed the re-
ceip,s in that YEAR about -four millions OF dollars,
md thus TO thai extent, reduce the balance now ON
hand.
Veterinarian Of the estimates tor 1870,
nth some Suggestions on Me p,obdbh changes
til 1912.
In the peculiar condition of the country nj tins
lime. without any debt 10 absorb oul surplus re-
Il. l.I-l, lt4,,,