Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1840-12-29


follows.
From Customs fIe.oeo, 900
From Lands 3.5pO,oG0
Miscellaneous 100000
Add the expected balance ~ Ito
Treasury, available on the lei
January next i,sso,ass
The aRgtegsie " ordinary means
for the next year would then he GAL
There will be nothing more, either
Of principal or interest, duo from
backs, which is likely 10 Ia made
available, except about
power will exist under tho act Of
3lst March, 1910, 10 issue treas.
ury,noios til year from its pas.
sage expires, but not to make tho
whole emission outstanding at
any one time to- exceed FIVE mill
ions of dollars
This Will furnish additional means
equal 10 the computed amoun,
which cawte issued nj the close
OF the present year, being about 3a26ia
Hence there may he added from
these several sources, so much
as 10 make the whole means for
the next year 94T23,t13
On the other hand, the expcndi-
lures for 1871 for ordinary puf-
poses, II Congress make no re-
duction in the appropriations re-
ques,ed by the different Depart
ments, are estimated at I0,o5o,ooe
This would leave a balance in the
Treasury, at the close Of the
year, equal to b,i7s,47,
But certain payments mus, alsobe
made on account OF the funded
and untunC ed debt, unless Con-
gress authorize contracts to DO
formed for extending the time of
their payment. Thus there will
be required
On account OF tho funding debt,
chiefly for the cities Of this Dis
trio, $4,000
For the redemption OF Treasury
notes, if all others be issued,
which can be under the present
law, as then the amount return
cd within A. ID. 1871 will prob
ably not exceed n18
fNeae
Estimated balance in the Treasur,
at the close of the next year, al
ter all payments whatever Ntl
Thus twill be seen that il the whole OF these
charges, both ordinary and extraordinary,
suOulu ne feuultu 10 We tNUUgulbnen IN 1871,
the estimated means will be sufficient for that
purpose, but may not besides, leave 50 large
balance in the Treasury a. IS convenient and
useful. The best mode Of ubsia,ing any dif.
fculty which might arise from that circuni-
stance, will soon be considered by itself
For some further general view Of tho
grounds Oi the estimate OF the expenditures
for 1871 il will be necessary to adver, few
moments to the new and old appropriations
from which those expenditures are TO be made.
The new ones proposed by the diiTeren,
Departments for the service Of 1910 amount TO
SlG,62l ,520,0s, viz.
Civil, diplomatic and miscella-
neous s3,550,740fs
Military 7,72s,4iO %
Naval 5,4i5,339 81
Besides these, certain permanent appropri-
atoms under existing laws will become charge.
able on the Treasury during the nert year, In
sums as follows
For ordinary purposes.
Military ess4.o0o
For other purposes.
Public debt, including interest
and first insialment for the
District of Columbia 10000
Reckoning Treasury notes 100000
These would make the new charges, for or
binary purposes, under both new and perma-
nent APPROPRIATIONS amount 10 $l7, iss, 500 ~.
But including the public debt and the re-
demption Of Treasury notes, these charges
would he S22, 1856 ,120 20.
IL will he perceived, therefore, that the ag-
gregate Of actual expenditures during 1871
has been computed 20 be 81 ,7Gl, $50 higher
than the estimated amour, Of new and perml-
neni appropriations.
This is done not only because some small
oversighis have doubtless occurred in the lat
ter, and unavoidable omissions as will be seen
by the notes but some new private bills grant
ing money, may be passed by Congress, and
greater proportion of the outstanding appro-
priaiions al the end Of 1870 (ihoDgh reduced
as much as three or four millions less than at
the end Of 1892 may bs expended IN 1871,
than will be left uneHpended Of the new char
pes imposed. These last two items are usu-
ally computed 10 equal each other. The De-
parineDis calculate that - COL 1913 ofths old
appropriations will be required 10 complete
the purposes originally contemplated by them.
They propose only 10 apply abou, s5,7i9,-
9Of OF them 10 the service ofths ensuing year,
without appropriation. and the residue. a.
mounting ~ si3s.s7s, u Is erPecied will go
20 lhe surplus fund. They estimate the whole
DOS.
II is proper 70 advert neIi to the best mods
Of avoiding any Inequality between the sniiei-
paied receipts and expenditures, either 10 isH
or isi2.
IL has already been shown that ID, whole
amount Of receipts 10 1871 will probably 10
sufficient ~ discharge all ordinary erpsDdh-
nfes, and those parts Of the outstanding debt.
funded or unfunded. which may become due.
Bui the preservation Of a suitable balance Ia
lie Treasury may require more ihsn what will