Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-02-20
S2,S5O,000

nary objects.
The estimates of all the receipts and all the exPen-
ditures fo these and other objects, during that period,
with the available balance of money now on hand IN
the Treasury, detailed in the statement annexed,
marked A.
From those RI T SS a s' SFaS
v and retain on han the appropriate balance OF apo'
to millions for common purposes provision OF means
,s eypeent to the extent of four and three,louruS
millions of dollars, subject to be used IN "hoie OF ~
part as may be found necessary to meet the puoc
iqences, under all the uncertainties TO winch our II
nanca operations are liable.
At this late day, power TO issue treasury hoes' III.
sood r those heretofore or hereafter redeemed, or 10
make temporary loan to that extent, subject 10 pe re-
deemed after sixty ninety days notice. seems ue
best md, in fact the only ctfectuaI method OF proru
ine su,h means, until the receipts IN the last nan OF
the year, subsequently, may enaDic tue DcP' '''
to cxdnguish any debt incurred
An;ncrcasc Of the tariff, recall Of dcpos'tes from
the States would be too slow in their operations lor
obtaining adequate funds seasonably, as some Of them
will BE needed within two or three weeks
To confer an efficient power, to procure necessary
mears would make no addition TO the public burdens,
but merely aid the Executive branch OF the Govern
mont TO execute the laws with fidelity by discharging
appropriations already imposed by Congress- and to the
prompt payment of which the public faith has been
solemnly pledged. The proprety Of dong It, there
fare seems too obvious to require further comment
uovnr submitted these views in addition to those
heretofore presented the same subject, TINS depart
ment except under authority from Congress, can
accomplish nothing than TO continue TO meet Inc
nublc engagements 10 such extent as may DO prac-
icablc however mpcrtcctly, under the existing laws
and the means already al It's disposal kcspGctiu'iy'
LEVI WOODBURY.,
Secretary Of the Treasury.
To the President of the United States
Money in the Treasury 10th of February leiO, ava'a
s. alp,trn - q,
700 900 but at the end of the month il viii probably
| no r.dnccJto Sl,3O0,GOt
| Not over two-thirds of this will be stu
aed on the scaboard, and convenient Tor
| use TO pay pensions, and redeem Treasury
| notes
Receipts, in March, April and May, from IA,
customs and lands, estimated at 5,o'o'oo'
Receipts from banks in those months, m
dcbcd in 1857 repositories, estimated 400 a.
Now and before the Isl June, computed
w" ,',o ""a means S5,l00,O0
Eypenditurcs for pensions required by 9TH
/ March, as estimated by the War Depart
/ mcnt at = ,760,000 of which will then
be needed besides what has been recent !,
l lyadvanccd, about T'o''''
Treasury notes falling due BY March 9TH, oo
;. treasury nohas ,....5.-~.y------'--".s,-
not vet redeemed $4,000
Treasury notes falling due in the rest of
redeemabIe $4,000
Ordinary expenditures in March, April and
May ont of appropriations already made,
and ones which expected 10 pass,
and required to carry into effect cx-
listing laws for ordinary objects, before
LIST Of June, estimated al 4,oOo,og
S7,35o,o0
Least balance usually proper 10 have on
hand at various points, near as well as
remote 100000
Add for the LIST of June 10 meet what is
Immediately due under the many
appropriations passed near the close Of
i the session JGO,GO