Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1844-04-02
S5.2o3,s3l 0S


SIS 2o3, S3l 0S
Here is a specific statement, by the Secretary him.
self of the whole amount Of Treasury Notes out
sandnp on the 4,h of March, S4, being tissues un-
der the acts of 1910 and previous years, with the IN
terest estimated up 10 the time of their redemption
This statement agrees exactly with that found on page
of the report, included in the Secrearys list
Of outstanding appropriations on the 4th OF Ma'cn,
1871 The corrected statement, therefore, upon the
Secretarys own authority, will be as follows
"Treasury Notes outstanding" third
March, 1871, by the Registers state
ment, So.ouI,ooi "a
Deduct all issues of Treasury Notes, I'M
der the acts of 1910 and OF previous
years, outstanding on the 4th of
March, i64l, according 10 the Sc.
cretary's statement, including IN
terest to the time of redemp
ton, S5,2S3,e3i 0S
Also, issued under the act
OF 1871 before the 4lh
of March, and outsiand-
ing on that day-(See
a. 673,6sl 81
These being all The notes,
in fact, outstanding on
the 4th Of March, l54l,
according to the Secre
tary, and including
$4,000 for interest
them, 5,957,5l2 40
And We shall have an excess remaining,
according TO the amount given by the
Register (Which, OF course, must be
the amount Of notes redeemed by pay
ment for duties and lands between the
3lst of December, 1910, and the 50
of March, 1871, and excluded from
his statement, because not shown by
The records kept in his ofhce, OF o49o19 Ia
This sum should be deducted from the
Registers amount, to give the true
aggregate Of "Treasury Notes ont
Standing and the neres, npon them,
on the 4lh Of March, leil and the
remainder, being that aggregate, Will
be s5957 ,5la 40
To meet this amount of Indebtedness,
contracted by itself, Mr. Van Burens
Administration left in the Treasury
on the 4th of March, l54l-(See Sc
cretarys Report, page 4, and state-
ment b. appended tot,) S646,SO3 u
Also, in the mint, (see
same statement b. 2l0, ]5l 50
--- Sol 1854 90
Which being deducted from the amount
of Treasury notes in fact outstanding
at the close of that administration,
will show real debt (without means
in hand for its paymenp contracted
during its term, OF So, 095, 55S 40
This is The whole affair Of the MILLION DEBT
Of the Wing political campaign of c4O, contracted un
der Mr.. Van Burens administration, and reckessiy
thrown upon the country to Cypress and ruin it. This
is the debt which called for extraordinary session OF
the new Wing Congress- of three and half months: in
the summer Of io4l. This is the debt of Mr.. Van Blu
rem of four years, of greater pecunary
arrangement and distress than this country has ever
seen in war or peace.
Here is the frightful amount, S5,09o,55S AZ
Take from it what has been shown TO be
the real deficit at the close Of the
year lS4l, if the new Congress had
not been called, 22ol ,ao2 ~
And we see that there would have been
thrown upon the year 1912, oil
Treasury notes unredeemed, the sum
Of S2,s34 LOG i
Under this fearful state Of things, financially, the
present Wing administration took the reins of govern
ment on the 18th of March, lS4l and how has this mat
ter OF q sArIoSAL DEBT been managed under their ex-
cited fears OF such alarming evil, and their promises
Of economy, retrenchment and REFORM Lei Their own
officers speak for them, as they have been made TO
speak in relation to the debt Of the preceding admins
iraiion
The report Of Mr. Secretary Forward Of the 10Th oil
January, 1912 from which the amount OF the debt
the Sd of March, lS4l, has been calculated, gives
like statement Of The debt the 23d day of December
Of the same year. The entire report is before given.
Take but two items in this las, statement, Qhe first and
the las and see what the administration was able
effect the way of debt within the first nine months
of their term Here the items
"Treasury notes outstanding" $685. 97 60
amount subscribed, :" 5,577,476 80
Making an aggregate of sl2,959,5O4 81
Here is an exhibit of all but thirteen millions Of new
debt discardng all the items of old embraced in the
ement and this built up upon triile more than five
Millions in three quarters of year; and that The
first of The reforming administration. The amount
of Treasury notes outstanding as shown by The records