Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1835-12-17
'y,vs;c,,ty-feUrtil Gongrcss--ist scss.

rrh, estimate Of receipts from Bank dlVioehaS his
hcpn made at the usual rate, computed Oh ,.e PJ
amount of stock still owned oy inc ,s;on find
nnndent of what belongs to the navy pension o.
Sbould The bank divide part OF its capital ae5
Of March next and before the close OF the year i m
dividends received for interest or prohs' wiz P U ;hn
Somewhat lower-but on the other hand there WIN .i.
be received into the Treasury, ihSteaI % ''
portion Of the capital stock -, :;;os of the
This Department made seasonaole iiqu. o. tho
bank itself, as to its probable course IN ies Cnn
S;;on of IFS capital with view TO aPPf'ze C c
If the revenue which ought TO be- anticipated ioi
sht source in IS36-but extraordinary us may
- neriod so near the close OF It's charter uIu s
discontinuance ofseveral of its branches WI, uJ
nv the correspondence annexed, w.? tii' ''e o N
tLen come TO no decision on the SUBJECT IN
he sales of bank stock to the navy pension iona WI"
roh,bv not be deemed advisable by Congress- after the
I'd March next, and hence the receipts from '"Se SUES
have been estimated less than usual
II is sunposed that the other receipts from msceu"e
ons sources will correspond nearly with those IN 9oo A
cent That the sum Of So 232, belonging 10 TINS Govern
ment out of the Neapotan indemnify ioi tue p;
r.; the t insalment been promptly and honorary paul.
according to treaty. has, since the last annual
adjusted and credited under this general head. 1t gives
me pleasure add, that about Siouooo more nas
secured by means of that indemnity on deolS OF loS
standing due from Sc vera the claimants 10 the D. ana
over one fifth of it has already been PAID into le lse
sury In pursuance Of the act OF Congress on 'S so
iect the balance Of the first nsal!nent, as soon as VIC
and certificates were issued tor the remainder All aue
under the second instament has since Deeh pohcoay
DISCHARGED by the King of the Two SciIes 10 the agent
of the Treasury abroad and after some delay IN It's re-
m;i.ance from Naples to Paris with view to make IL IN
4 manner most advantageous to the claimants lle "'oie
has been received here and the nett proceeds Us soo as
ascer!ainabe, Immediately paid over: -,
EXPLANATION of the Estimates Of Expenditures. .
The cSpenditures in 1886 for ordinary purposes are, II
has been seem estimated still lower sum than they
were for le5 But the present IS long session OF
Congress- the contingent excuses OF appropriations o
yond the general estimates, explained IN the iasI
report have been submitted as likely to be hall million
larger II is gratifying state that independent OF the
payments towards the national debt, leaving the com
muny with all its capital, and energies entirety rom
that unburdcncd and untrammel!ed, the aclnai
expenditures of the General Government have on
other subjects since 1873 been reduced about tour ana
q half millions of dollars year. or near nine millions
in 1884 and 1875 and the country at large during 'e
same period relieved from taxation by Reductions IN
the tariff, equal nearly twelve and halt millions
year. about twenty five millions in all The prooa
bitics to still further reductions IN our expenditures
for ordinary purposes during number OF ensuing years
excluding any extraordinary grants on account OF the
present nrue surplus other causes Can best be weigh
ed by retrospect the chief subjects OF increase DUR
ing few past years, and by discrimination between
the items, which in their character permanent or
temporary, and which still exist or have already expired.
The chief Increased expense during those years,
which from increase in CT our national esta-
bishments: caused by obvious reasons IN most cases:
such greater population and business and rapidly
extending ironer,) will probably be somewhat per-
manent if not in some instances progressive, are
most OF the large additions 10 the Legislative expenses
te gradual augmentation IN appropriations Tor inc
Judiciary and the salaries of District Judges-the
new Bureau of Solicitor Of the IreaSury-thc corps
Of mounted dragons i'll the arny-the increased mum
Der of and pay to officers in the Iavy, and the extra
compensation TO officers of the customs since the great
auctions in the tariff The chief additional items OF ex-
pcnditurcs during the last few years which may DC deem
G which
greater less degree the large increase in the eXt'
punishment of Indian titles and in grants of Revolutionary
PENSIONS; the payment Of Virginia communication claims,
great additions to lighthouses and custom-houscs;
opening many roads the Territories; the continu'
alton OF the Cumberland road the survey of the coast
more numerous allowances OF miscellaneous claims;
and the building Of branch minis, commenced the
present year. though their future support will be new
item Of permanent expense. The issue OF FirgInla
land scrip virtually receivable instead Of money for
lands is substance, though in form, another large
item; because though not included in the usual exhibit
Of expenditures it has in the last four years exceeded
million Of dollars and will in this and the ensuing year
probably extend to eight hundred thousand more lh,
items magnitude in our expenses which nave atcy OK
sted but are now either terminated suspended the
building OF the Potomac bridge though tsrePairs lighting
and draws, may hereafter be durable charge Macada
MIXING Pennsylvania Avenue. and several grants e
money for other purposes in the District OF Columbia
repairs of the Cumberland Road; finishing and enargne
public buildings here rcfundng large amounts
of duties under former laws the expenses of the wal
with the North western Indians in 1885, repayments ol
advances during the Of lSl2, large reimbursement
Of the naval pension fund.- several special expired appro
pations towards naval Objects and almost every thing
connected with the public debt. A tabular statement
further illustrating many Of these changes, well as
others under all the important heads ofcxpendtare
by exhibiting the yearly paid under each material
from lSl6 to 1874 inclusive, has been prepared with
care, but is vominous thatt will not be submitted Ia
Congress unit, some other appropriate occasion. In
the estimates for extraordinary purposes the present
preparations last year for ortiications and by the
unusually large surplus in the Treasury, which is
wanted for ordinary objects, and which it is supposed
can be applied useuy TO hasten these cat improve
ments connected with military and naval de!ences
and which Of character admitted by all to be
tional beneficial and constitutional Under our high
state of financial prosperity, and reposng in peace the
best perod for due preparation for the undersigned
considers the Treasury in proper condition to meet any
measures which the Executive or the appropriate De.
partments have recommended tor these desirable objects
as we'll as any similar and additional measures which
Congress may be Likely to think required by prudent
foresight and proper regard for national character ane
safety. -.
v Surplus in the Treasury, and disposition Of it,
1t has been shown that the available balance in the
Treasury over all outstanding appropriations on the Isl
of January 1885, is estimated at about ten and hall
millions The expenditures for the ensuing year, for all
purposes whether ordinary extraordinary, enumerated
in the schedules at than twenythree millions and
the receipts at less than twenty millions Hence 1t fol-
lows that if the appropriations made, and the
received 1885, shall be large the estimates and
no larger, the nett surplus applicable to and
other Objects will probably in the of the ensuing
year. become reduced to sum between six and seven
millions. This sum, therefore, would in those events
remain on the 1st of January, 1887, at nett surplus
unexpended and unpledged. Consequently, most Of it
could now be applied to other purposes, not included in
the estimates and literally aid ia promoting any const
tutonal Objects which Congress may deem most eSpcd-