Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1843-12-13
ANNUAL TREASURY REPORT.
Ts...rsy prr.sr-.sr. u,

Tus.rsy Drrskrsssr. DE. q. Is43.
as-By shs art 81 ceoEre-. approved May 10. 1900
mad. The dv'y ID the Secretary al the Treasury "te
ds. prepare and Icy before Congress q, the
a every session, report the subject II finance
containing s-msies Of the public and pubc
psnduf.s aud plans for improving increasing the
.s. iros time time Nv the act 81 26h August. 1872
ths >cpl year Of the Treasury directed Ia commence
ts first day 81 July. in each year. beginning with that day
10 yser Ist1 aud provided that the report aud
a,es required 10 he prepared and laid before Congress
tho commencement each session by the Secretary Of the
Treasury shall be report aud estimates for each fiscal year.
aforesaid and terminating the thir,icth
iay of Juue, in the succeeding calendar year.
In obedience these laws. the following report - sub
mitsds
I'M. act al 1912 conempaies that estimates of the
-.,p and expenditures Of the fiscal year commencing lst
Juiy Isl4 should he furnished a, the commencement OF
ts session Of Congress They have accordingly been
pr,psred, and are herein presented.
The estimates the current fiscal year, commencing LIST
OF July ls43 were made in December 1912, much
advance II the time which they related that they
necessarily conieciurcd great extent They be
rendered more by knowledge OF the tire
Treasury the commencement Of the fiscal year. and by
acquaintance with the necessities OF the various branch
the public service. Accordingly the different Dspatt-
in.nts been requested eirrsspecve estimates
Upon the information thus obtained corrected account ot
the actual and estimated receipts aud expenditures of the
year. the LIST Ot July last has also
been prepared and submitted.
In order I'LL the chasm in the accounts between the
3lst OF December 1872 and the Let day OF July lSi3
caused by the change in the fiscal and the
true balance in the Treasury the LIST July lsi3, be-
comes exhibit statement OF the bnd
expenditures during that time, which accordingly pre-
scented herein Ia will be that the expenditures
ceeded and receipts fell short of the estimates for that
period. An Of the actual receipts and cNpcndi.
Of the calendar year ls42 also annexed this
port part OF them only having been hitherto submitted
Congress- in which the expenditures will be found class
ed under general distinctive heads OF appropriation,
exhibit briefly and nieigbly the subjects which
they have been applied II abstract OF the
issued the Treasurer pursuant the appropriations by
Congress, and nv IL docs embrace the
funds indemnitics although does include what
usually called outstanding warrants, which, in fact
outstanding but merely unsettled having been paid by
the Treasurer the parties who presented them by checks
and drafts the public repositories and receivers but
which had not been returned al the time Of the settlement
Of his accounts although most not all oi them, had
fact been paid.
The statement of the receipts and expenditures of the
hall year the LIST OF January and the LIST Of Juv
lS43, and for the first quarter OF the fiscal year.
also founded upon the IN the books Of the Register
OF the Treasury, and make distinction between war
settled unsettled. These statements therefore,
shew accurately the that have been made
ing the appropriations 10y Congress, although all the
evidences OF those disbursements required by the auditing
officers may not have reached their offices.
This mode OF exhibiting the OF the Treasury has
always been observed. The money apparently IN the
hands Of the Treasurer has sometimes been stated
lesye the impression that available balance The
average of outstanding warrants, they called. for
series Of year, has been deducted from the apparent bal
instead Of deductng the that remained
unsettled. But when n has been issued to the
Treasurer and paid by him. the efiectuav dis
posed Of and bo reached by Congress- whether the
Trvasurcrs account of such payment settled The
mode now pursued therefore, l. deemed the proper
TO exhibit the in the Treasury subject touppropra
ton This explanation Is made, 10 for discrcpan
cies that appear between the and tables
herewith presented and those in former reports.
These accounts and estimates present connected series
from the let Of January 1872 the LIST OF July lSl and
exhibit the operations Of the Treasury for the last years
with the exception OF the present quae present
non, and it, future prospects. The results deduccd from
Them and the views they suggest will be presented in
the order of time IN respect the different period. 10
which they relate.
Receipts Expenditures, Sc. Of 1912
According the settlement OF thu Treasurer accounts Oh
the first day OF January, 1912, there was in the Trea
suTy S2s, 6s5 Iii o.
From which is to be deducted o. not avail
able:
Amount deposited with the
States S2s. lOl Ga 81
Balances OF funds.
lst January, 1912 374 52l IL
IS. 476 Ice 09
The outstanding warrants
al the close Of the
ls4l, wee sl3265 80
IT,,