The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1842-01-11

U.
From Treasury notes, 100000 90
From loan
Received So ,2O2 ESQ 02
Estimate for
balance o., 100 900 90
2,3O2, $50 OF
the wear, $3O,4lO,l67 II
And with the balance in the Treasury
on the LIST Of January last, an aggre-
gate Of oi'o9| 'ol2 81
The expenditures Of the three first qrs.
Of the present year amounted 10 $24 ,73a ,346 81
Civil list, foreign inter>
course, and miscea
neous, $4,ol5,3o3 81
Military service, 10 S34: IVA 40
Naval SERVICE 4,229,9 S6 %
Treasury notes redeem
ed,includng interest, 5,o27,a Is
Public deb, II ,Oo0 "a
The expe ndures for the 9TH quarter
are estimated, daa furnished by
the respective departments, at 1,29o,I23 %
Viz:
Civil mis- ceilaneous and
foreign intercourse, $l,58l ,2O5 "a
Military service, 3,l09,1I3 90
Naval service, l 200 ,5o0 SO
In est on loan, 7O:uUu w
Principal and interest on
MAKING, 32O25 ,O7O 20
nd leaving deicl, to be provided
for on the LIST of January, 1872 $627 ,5o7 ~
1t being essential that this deficit, arising from
The failure in e1ecting more than portion OF the
loan authorized by Congress at its last session,
should be provided for by means that might be at
once ava;Iabe,it is recommended that an lInmedi'
ale issue of Treasury notes be authorized, to meet
the emergency.
Of The Estimates Of the Public Reuenue ard Eapen'
ditures for the yea1 1912.
The receipts for the year le42 are estimated as
follows
| From customs, $l9,Ooo. ooo no
(Arising from duties accruing in
| io4I, aud payable in 1912, 49,
| 400,U0000.
| From duties accruing and paya-
! BILE in 1912, Sis 900 OO) ~ ,a
Treasury notes, oo,oUu,V
Miscellaneous sources, loO,uoo w
$4,000 900 %
From which deduct the estimated de-
fcency on the LIST Of January, lS42, 627, 55o W
serviee Of Of the "s year lsi2, 1882 44o 10
The expenditures Tor the yenr lS42,
including So 900 900 for the redemp.
ton Of Treasury notes, are eslima- 49,,
ted at oS'o'' WV 20
Leaving to be provided for tins am l. Ia %loo"o 10
The receipts from the customs FOR the year 1872
depending for their amount upon the actions OF
Con at it's pre- session, in the ad ustment
of the tariff, 1t is not practicable to form estimates
of the revenue which may be derived from that
source with much precision. Those now submits
ted have in view tho present rates OF duty, and
their final reduction to ~ per cent ad valorem al
,,c ha nf Iutin
thus established, has been necessarily assumed as
the basis Of calcu IalIon for the remainder Of The
year lS42, estimated with reference to the anci-
pated imporatons of that year, compared with the
average mportations Of former years.
In the estimated receipts the amount which will
come into the Treasury from the sales of the pub
lie lands in 1912 has been excluded, the act Of
Congress Of the 4th of September last directs It's
distribution among the several States and Terrific
ries
In estimating the expenditures Of the year 1942
its assumed that no other appropriations will be
made than those submitted in the estimates
from the several Departments and that the baianc'
of those appropriations unexpended at the end o
the year 1912, will be equal to that at the close o
the present year.
1t is proper further 10 remark, that estimates o
expenditures only be made Tor such as may b.
required under existing laws, and arise in the or
binary operations Of the Government. The pow
er OF appropriation we'll as of the power of rails
ing revenue, being at all times in the hands O
Congress, this Department cannot found estimate
upon its own ofwhat the public interest ma
be thought to require, especially at time whe
t the condition of the country may be supposed T.
, call for more than ordinary means Of defence an
I security.
The amount required for the surveys Of the pub
lie lands and the compensation Of the officers en-,
81 ployed 10 that branch Of the public service, bein
| L.. IaCI IL, IL Ill L.