Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-12-18
CONGRESSIONAL.
( Frou tke .Nep York Eue. Posi-. J


(Frow TIC JNsp York Foe. P0s.J
The Annual Report of the Secretary Of the Treasury
will be found in columns today. 1t is satsfac-
tory document in regard to the state Of our finances
and contains many just and well-consdered sugges-
lions
The ordinary receipts for the year 1910, somewhat
exceed seventeen millions of dollars. Add to these
certain receipts from the dePosite banks, from the
fourth bond Of the u S. bank, and from the issue Of
Treasury notes and the entire aggregate omean for the
year il stated ut SIS, 234, SILL
The current expenses for the year have been 1922,
4S3 349 Add to this the paid to redeem treasury
notes. and 100000 for the funded debt of the District
of Columbia, and the payments and expenses of the
year TO $26, $685. leaving balance Of more
than million and half in the Treasury.
The exports of the year computed at 1871 ,57l,-
$50, an amount which exceeds those of the previous
year by than two millions 1t s larger amount
than before sent out Of the country, and the
difference will appear still greater when consider
tina, the prices of of great staples have been
lowered.
The imports during the same year have been
1871, less than those of the preceding year by
fifty seven millions This falling off has Of course &C.
casioned fallin. of in the derived from the
customs. The statements and views of the report on
the subject Of imports and exports are highly in
| trresting.
The entire receipts into the Treasury for The next
yenr are estimated at S24 723 AZ. The expenditures
the year for ordinary purposes, il supposed, will
amount to $50 900. To these must be added four
millions and half for the redemption of Treasury
notes. and the $4,000 account of the fund,
I'd debt of the cities Of the District of Columbia, max
ing an aggregate expenditure of 1923 S99,2O0 for the
year ls4.
| This would leave between eight and nine hundred
thousand dollars in The Treasury at the end OF next
year-a balance not large enough, MIR. Woodbury.
thinks to be convenient useful. He therefore sug-
ges,s that Congress should revise the appropriations
| and make some reduction of their amount, Should
Congress- however, be ndisposed to thls the next ex-
pedent would be the imposition of some additional du-
tcs-a which, it will be seen, he does not ad-
Iteration, and in case that Congress should deem that
method of increasing the expedent, he 10 pre-
pared to submit, plan for the purpose
The mode of keeping the public money, established
at the last session of Congress- has answered the
.pectatons of the Treasury Department,-in other
words the Independent Treasury scheme works well.
Mr. Woodbury. suggests that authority should be given
to appoint principal clerk in the city of New York,
with proper compensation, that some provision should
be made for performing the duties of receivers OF pub
lie money in Of vacancy by death otherwise,
that the punishmens prescribed by the Independent
Treasury law should be extended to all disbursng Off
GERS, and few other changes.
| The report recommends the discontinuance of GER
tain land Districts and renews previous recommends
ton Of the dscontinuance Of certain offices connected
with the customs
| MIR. Woodbury., the close of his report in
dupes in the expression OF Just pride at the
been administered during the difficult period which
followed the great expansion of credit in 1885 and
1886. Nothing less than nhexble frmness and extra
ordinary dexterty could have accomplished the favora-
BILE results 10 which he aludes.
REPORT
From the Secretary Of the Treasury on the State Of the
Finances.
TREASURY DEPARTMENT,
Dec. Z, 1870
The undersigned respectfully submits to Congress
the foil owing report on the finances:
He has great pleas in announcing that during the
present year the expenditures have been still further
reduced; and though the revenue has not proved so
large as usual, all the public engagements have been
met with prompttude.
| l. The receipts aud means for 1910, exclusive of
trusts and the Post Office has been as follows:
The available balance in the Treasury the first Of
January, 1S40 is computed TO have
been s2,2i6,7d9 90
The data on which this conclusion
rests, connected with the actual receipts
and expenditures in 1889, and with the
unavailable condition of portion Of the
public funds, may be in the state
ments annexed.
During the first three quarters Of the pre-
| sent year the nett receipts from
toms were $l0,6S9, es4 70
During the same period
| the receipts from
i lands were 2,63O,2l7 %
| Miscellaneous receipts
| for the same time "a, 600 9o
| Estimated receipts for
the fourth quarter
from all these sources 3so0,0O0 90
These make the aggregate of ordinary s..
| receipts for the year 17,l97,763 Oh
| Add the estimated
cepis Of principle and
| interest in $780, out of
what due from
! former deposte banks
IuIl