The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1844-01-04
pDnET1oAn
Report OF the Secretary OF th'
Treasury.

Treasury.
The Req .rl nal. by Geo. VI Boo
a a.c,et,ry of thc rressrrv, IN CONFORMITY
M,I,,bs rsonis,inns NJ tae Constitution T. |
highly n,R,psung, giV,ng large a""u"'
of valuable ,nlnrmatlnn with fe9s'u " w
R,,nr,d aTnrS nf ar g1Vsrh'n'n'' ".
Tine great length oi this dhcu'nr"' makes
I, ;,;mppssihlr loi us 10 give ',enure wi'hon
.n,roach,ns upon the room ALLOTTED !" ht
rsv, or the1l,y. We sh,!l, thereinrs CIV
o,lv synopsis uf ,he most important m't
ters Wich Itconians
Tb4 prespn, deb or tho United States Is
e2f 74s 1929 $2E02l 09lse OF ms
.m,untis Ior money borrowed since ioio'
snd a. 256. GOT 81 upon the Treasury
no,ss. ,ssuad ia 1897 and 1913.
The debt contracted by our goVenmen'
daring the Revolutionary war anu plior 'o
,hs adao,ion Of the Federal Constitution
was s754l6 476 81. A
-tAy+,- - =
dsbt was s53l73,2I7 SO; the population.
=? 2306II-Iu In 1919 The debt had increas
ed to l27 334,023 ~. TIN. increase was
in consequence of lhe last wsr.--ln 1920
,he debt was reduced TO S9l $3.50 Is
The population was then upwards OF nine
millions. la 1880. it was reduced TO 45,
565 400 50; The populai1n was then up
wards OF Twelve millions. In 1888, the
President announced in his message, thai
The whale u,lipnal debt was paid with tho
exception OF S375l3, for which, no one
claimed.
The whole amount Of money paid BY
,c a ka lInIt.I StnIaa
the 3lst Of Dece .nber 1889 to the 3lsl of
December 1895 was fpr interest on debt
&l57. 629 $50 SO; for The principal. 1857
4j21S 1921 & f,r ordinary annual expense,
unw4tl. of $500 900 900, making IN al
more than sl0I5, 900 900. This large =
monn, If nonev was derived chiefly from
dat-s up1n foreign goods, and the sale
of the Publc Lands. Direct taxes were
ieyrd from 1892 un,.l 1902, and from 1873
nnih 1917.
The revenue for The fiscal year ending
on the ooh day Of June last was $50, SO
700 %; received from lhe following sources
viz
From Customs e2s,lss57O "a
From The public lands 2O59 939 81
Miscellaneous sources, 26l ,Oo7 ~
Treasury notes and loans under
eel OF March 3, lSi3 l,s77, 1872 35
Making aggregate Of 30,3sl ZOO Oh
The Expenditures during the
same period including Si2-
09S 773 81 on accoun, Of he
public DEBT, were 81 95s s27 "a
Exceeding the years re-
ceipls by 2,577,l27,9I
This latter amount deducted
from the sun remaining in
Treasury, July !. ls43
of lo,434,5o7 SIS
Left balance on hsad July
l., ls44of 7s57,379 "a
The estimated receipts for the present
fiscal year which wall end on the 30th
ol June lS4j; ats as follows
From the Customs $3l.945,0lS 04
From the public lands 2.i39,So6 80
From ether sources 1910 900 90
Making of 34,2O4,s74 90
Aud the estimated expenditures
and other demands on The
Treasury within the same
time amount To 30 0l9 43l U6
Being more than the estimated
receips by Sl4 $50 i3
When deducted from The bal
sn"e reported an hand he lst
of Jnly last; as aboyed sta
ted Z s57 $40 "a
'Wnnld leave in the Treasury
90 the Isl Of July b45; an
apparent b4laure OF 042 500 s.
The Secretary estimates that the reven
nc collected under the Tariff Act Of 1912
will 50 far exceed the expenditures OF th'
government as to leave surplus in 1853
after paving ,he loan due ic that year o
about 6fly millions of dollars and in 1863
sfIer paying the loan then due OF one hun
died and Twelve millions. As SO large .
eutplHs revenue lying in the Treasury;
wo nd have pernicious fleets; he suggests
the propriely ofreducIHg the rauff TO the
wants OF The government
sz~.e~sH1z-zs~za
The editor of the New York Sun say
thai singular document was placed 10
his pnsseSHun some time since, which
a.. T,,lI 4 all MI, e