Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1845-12-11
S29.627,O5I 30

Redemption or Loan OF II, <VoOO wv
Treasury Notes Outstanding, OSII6l w
Total, S29627O5l 80
This leaves an estimated balance of only Si,-
S5I254 80 in the Treasury on the Both of June
next. and that too at the risk of having this sum
even reduced by additional appropriations for some
mad schemes of diplomatic missions TO Mexico,
Texas and even to parts unknown, for it is not yet
known how much Delusion Smiths bill is going to
come to- Among the miscellaneous estimated ex-
nenditures there is the sum of $l,54S,997 for def
cheney in Postage, and 100000 for Congress Fost-
age, &c.
The amount received in the year ending June
20 is45, including 81 S57 379 Ga in the Treasury,
vas S37626,5l3 20
And the expenditures were 2996o206 ~
The Secretary of the Treasury lays down the
following propositions about the Tariff;
J. No more money 10 De raised than what is
wanted bv Government.
o No duty to be laid upon any article above the
lowest rate which will yield the largest amount of
Revenue.
3 Determinations made beloc that down to per
feet Free Trade.
A. Maximum duties on luxuries.
3. All minimum and specific duties to be abol-
ished, substituting nd ralorem dutles-care being
taken to guard against frauds
6. Duties to be laid equally, not discriminating
in favor Of any class
There is no horizontal scale recommended.
The Secretary finds on these, arguments against
the Tariff of 1912 This part of his report should
be printed in German and sent into the interior of
PENNSYLVANIA Precaution should be taken TO
proye in that case, that Mr.. Clay is not President.
He also recommends draw back on Cotton Bag
ginr recommends the Warehousing System; ad-
yocaes graduation of the prices OF Public Lands.
md spnes IL strong for the Sub Treasury. The
whole fabric of Loco Foco production then, is a
Tariff for Revenue to pay office holders, and Sub
Treasury to secure them gold in place of rags
The people NAV whistle for Protection and put up
with what shin plaster rags they can get. If they
can get any rags but such as Loco Foco principles,
if carried out, would cloth them with.
The following facts are taken from the Report OF
the Postmaster General just presented to Congress
The number of Postmasters appointed during the
year ending June 80, 1915, was 3033 deaths and
designations 1897; removals 1853; commissions ex-
pred IA new Post Offices 352.
During the year SIG contractors fined to
the amount of Sl0,52l so.
The Revenue during the year was S4,2o9S4l 81
Expenditures 4,32073I SO
Net revenue after deductng the commissions Of
postmasters, contingent expenses, &c. is S2,942,-
2l7 %.
The Postmaster General believes there wiA be Q
falling off of forty-ve per cent in the receipts Of
the current year, and that there will be a dlminu
ton Of the means of the Department Of 81 ,S2S997
The saving from former rates in New England
and New York in transportation, the current year
is S232732
The railroad service is only one-tenth of the
the whole, while they charge one-ffth of the whole
Should there be similar saving in letting the
contracts in the other districts to that effected il
the Northern,i it will amount in lS47, AS and 49 tC
$1,005,732.
Compensation to postmasters and for post offices
during the year ending Both June, lS45, was 81,
409S75 H. Over 1000 postmasters resigned or
account of the new law.
The Postmaster General mentions of fraud
on the post office where one envelope on which 81
GOIhad been paid, there were counted 100 letters
enclosed which would have amounted to $40.
The Postmaster General thinks the single shee
system should be restored or reduced to quartz
of an ounce for a single letter.
The great weight of the mail by carrying print
ed matter. 1t composes nlne-tenths OF the mail
yet pays only one tenth the expenses.
He proposes the following reform:
5 cents each single letter under so miles.
10" over so and under 300.
Is over 800. This to continue til
lS4S, when the present rates should be restored
He recommends the former rates on newspapers
periodicals, &c. with right to send them out OF TIM
mail He urges pre- payment OF letters IN all ca
ses. He advises limit to the number Of exchange
papers between editors. He recommends the re
stricton of ranking privileges to the old ground
The number of letters not called for, the frs
quarter under the new law was 100000.
Morse's Telegraph to Baltimore, with Professo
Morses salary, costs 1924, and the receipts onl.
Sab a.