Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-11-26
500 So3 1T

Leaving balance Of the outstanding APP
preparations the 18th Of March 200 ~.
which less than the outstanding balance Of appro-
pra,ions has been for the last forty years.
The honorable member from Maine (Alr. Fessenden)
is wholly loss to account how it is that the reve.
nue. from customs should have been estimated At Sl9,-
100000 by Secretary Woodbury.. / will furnish him
the data on which that estimate founded 1t was
on information furnished by the collectors of ports
throughout the Union, BY the most intelligent n,er.
chants IN our commercial cities, and the most expert
enced officers in the Treasury Department Can that
honorable member furnish me the data on which that
estimate has been reduced about s. 600 900: Into thai
anch of the inquiry he appears not 10 have extended
| Nm xamnaiion; possibly for the assigned by
~ r-hat the subject Of the finances was diiiicnlt
oex, and hence he preferred TO take the state.
- 80. Secretary rs he found them; and, As was
NO $500; 70 have been expected has arrived With
ore ,old hawe veereciscy the same conclusions We
realized True, thejh al these estimates have not been
ad ,sho s,ll ~ ,aaI;,s Congress al its last session.
au h,Ianas shnn,d 10 raduc will agree this ou,sand
RVS own reduced estimate of me" saAe e oec'ela
what is the amount which lie adns iof tue year, anu
vided for the years operations? BIZ - -,
this statement, il will be necessary to p.ssen'
rors in the report, which scarce have so".I
notice of members The Secretary, in w
ton 10 The Senate the 9th Of June, says
tain payments made BY the Bank Of the I. ). on
count Of the War Department, in the West, in lef'
not having been entered in the books o.. this depart
ment until slarch, ISL, should have been included in
the receipts for that month This was inadvertently
omitted 70 be done, although the amount was included
in the expenditures for that month. With tins correc-
tion the amount received in March, ISL, will be ST.
700 U47 instead Of 81 09O,OG3 stated IN the COM
municaon above referred to- This error corrected,
and the available balance in the Treasury the lst ot
June should be increased S6l9,l3G H. should also be
increased by the Of j0000O, on account OF Urea
sury notes stated TO have been redeemed in The first two
months Of the year, and charged as an expenditure
prior the 18th of March, which were not IN point OF
fact redeemed and entered the books of the Trea-
sury Department, until after the 18th OF March, (see
Secretary report, pages and 2 and BY tie further
sum Of S25 900 in the min,s, and which does not ap
pear to have been included in tie balance reported to
have been in the Treasury either on The 9TH OF Aarch
or on the 1s Of June The Secretary also estimates
that 81 IU6l will be necessary to redeem the lrea
sury notes which we're Issued between the st Of Janu.
AIRY and the 4th of March. ] confess ! am wholly at
loss to discover the which induced the belief
that this amount Of Treasury notes was TO become
CHARGE upon the resources Of the Government in the
wear ls4l As these notes bear interest OF SIX per
cent, and at premium OF from one halt 10 three
fouths Of per cent, # paid into the Treasury Tor
lands for customs, they must be received at paI ana
cannot therefore, be fairly expected 10 come back.
when only one.haf the required to be pad
in cold and silver and the other halt may he paid IN the
notes Of specie. paying banks They Will be taken by
capitalists and held safe and profitable investment
of money! aud Will be returned 10 the Treasury only
when they bear interest which viii not be ur-
I'll after the close Of the present year These Treasury
notes therefore, will in all probability fad their
way back into the Treasury until lS42. This last
amount, added to the sum Of S9,2l9,6oo, which The
Secretary proposes to carry over 10 The next year no az
une expended balance, will increase that balance to SlO
$50 227 Deduct, then, from the whole amount OF
outstanding balances of former appropriations amount
| ing, on the 18th Of March, TO SIo,5s9,oln
/ IRE snm of l0,330 227