State journal. [volume] (Montpelier, Vt.) 1831-1836, 1836-06-28


gentlemen, friends of the Administration,
in whom as financers / have great conf
dence, estimate the sum at thirty millions
instead of twenty five. | prefer to err, if
at all, on the safe side, and therefore take
the lowest sum. In addition to this sum,
the Government has, in the United States
Bank, stock to the amount of seven mill
lions, which the Bank is now ready to pay,
with an addition of III per cent, and which
will doubtless come into the Treasury dur
ing the year, with still greater ADVANCE
! call this sum eight millions. We are in
! formed by the Secretary, in his report of
December, 1884, that there will always he,
ut the end of every year, sum of several
| millions in the Treasury of uneXpended
balances of former appropriations, which
may he safely relied upon to meet appro-
priations for the ensuing year. This sum,
on the first of January last, was about eight
millions. The amount of this sum must in
crease in much greater ratio than the in
crease ofappropriatlons;an as the appropri-
atoms of the present year are to to be unusu-
ally Target the uneXpended balance at the end
of the year will be much larger than at any
former period. 1t is impossible to form n
decisive opinion ms to the amount until after
the appropriations are made. 1t cannot be
less than twelve millions. Mr. LAWRENCE
here said "not less than fifteen millions"
I Mr. H.. continued: member of the Com
nittee on Ways and Means says not less
than fifteen millions. Sir, if your extrava-
CANT appropriations for Notifications are
made, and added to those of like character,
which have already passed for the Navy,
the sum will be much larger than fifteen
millions. have before said that there is a
limit beyond which money cannot he eX-
pended. Sir, you may 90 on and appropri-
ate some half dozen millions more for
Indian wars, the causes of which yet re-
main unknown, and about which, and the
manner of conducting them, no one seems
willing to take the trouble to inquire-go
OH, sir, with your appropriations for tortiti-
cations and Indian treaties, and for every
other conceivable object for which the most
latitudnaran gentleman can make up his
mind to vote-go on, until you have appro-
priated every dollar in the Treasury; and
the great mass of the money will still re-
main there, undrawn and unexpended.-
Why, sir, if more than two millions of for
mer appropriations for the increase of the
Navy could not be used during the last year,
when French war was apprchcnded, how
are you to eXpend triple the sum this year,
: when this years appropriation is made at n
much later period in the season than the
last? Sir, these appropriations cannot be
expended it is idle to talk about it. What
ever may be the amount Of your appropria-
tons, whatever may be the footing of your
, appropriation bills at the end of the ses-
: sion, it may be calculated with perfect safe
ty that Il sum greater than thirty millions
t cannot and will not be drawn out of the
| FHrnoSttrv md MA tI,nte
, may he considered as remaining there, a
fund for distribution. with perfect security
TO the Treasury. !}nt to go on with the
calculation had commenced Suppose
the unexpected balance at the end of the
t year to he only twelve millions, making
, an increase over that Of the present year OF
four millions; this four millions, with the
United States Bank stock amounts to twelve
millions, which added TO the SCI ,294,69 On
before ascertaincd, gives in round numbers
the sum of seventy three millions, which
would be in the Treasury at the end of the
, year, il no sums were drawn out. The
! proceeds of the public lands for the three
, past years, which the land bill proposes to
distribute, together with those of the pres
ent year, AT a liberal estimate, may be put
down at 36 millions. Call the sum to be
distributed IS millions, and we have still
left TO he appropriated to the ordinary pur-
poses of Government the enormous sum
of 81 miIlions--a sum greater, by about
: 10 millions than the expenditures of the
last year, and greater, by IA millions, than
the whole estimates of the Secretary, ordl-
+ nary and extraordinary, for the cXpendi-
, lures of this. Sir, shall not go into any
{ particular estimate of the condition of The
Treasury for the ensuing year for although
: the land biz proposes TO distribute the pro-
ceeds of the public lands for 1887, deem
the inquiry wholly unnecessary. | have
no manner of doubt that the revenue from
= the customs alone, for several years to come,
will be abundant sufficient for all the
f wants of the Government, but the distri-
button for 1887, if now ordered, will he
under the perfect control of Congress al
: its next session, and may be recalled if the
necessities of the country shall be found to
, require it. | will not, therefore, enter on
, the discussion of a question of so compli-
Gated character, when its final decision, il
| now made, would not he material TO the
matter have had in hand, which was to
7 show, what think have clearly shown
r that the land bin may he passed with per
feet safety 10 the Treasury.
Mir Chairman, having shown that the
=, state Of the public funds will admit the
; passage Of the land hill, would now be
} glad if could, to satisfy the House that
the interest aud welfare Of the country re-
Guire lis passage. But in this undertaking
| am met in the outset with obstacles
against which the demonstrative reasoning
of arithmeicnl calculations cannot bel n,
terposed; with obstacles more powerful
than those coming in the shape of strong
} argument or stirring eloquencc; obstacles
which nothing hut individual selfeXamina
ton and Independent patriotism can remove
The nhslncles of nrelmdice and pnrlY feel