Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1846-12-16

dus,ry9-(cries OF no. no. Do you believe the |
doctrines OF Mt. Polk, or those OF the citizens
OF P~hilsdelphis in So. loud shouts Of ''eigh-
~ eight" and long continued cheenng)
Gentlemen. | had intended to mrke some
remarks upon The present state aud prospects
OF the Public Treasury. Bot l have not time
to present them. | will hand the document
TO the gentlemen OF the press. and al they see
fit they eau publish them.
Che following is the statement referred to:)
For the year ending Both June. 1916. The
Secretary OF the Treasury will be enabled
To present To Congress a more favorable
state ot the finances than he had previous
" estimated.
In his annual report. at the com
mcnCement oil the last session.
he estimated the receipts OF the
yesrat S26. $40. 900
And he stated that the actual bal.
snce in the Treasury on the LIST
July, lo45, (ihe beginning OF
that year, was 1855, 900
Making the total means for the
year as estimated 81 .l7S. 600
lie estimated the expenditures for
the same year at 2 .6z7. 900
-
Leaving an estimated balance in
the Treasury, list July. 1916 at A,S5l 900
But II 10 believed that the actual
receipts Tor the year in question
were about $500. 600
And the actual expenditures no
more than about $4,000, 900
III this be correct. the actual receipts
exceeded the Secretary. estimate 2.7oo.O 90
And the atsusl expenditures fell
short, OF his estimate 1000. 900
Instead, then, OF this balance re-
naming LIST July, 1916, as the
Secretary estimated. 4.S5I 900
Actual balance in the Treasury at
that date must have been about 9.l5l 900
Being a.SO0,OO0 more than the es-
innate; Accordingly, II appears
from the monthly statement Of
the treasurer, that the balance IN
treasury, June %, 1916, was 50, $40, 900
But the Secretary will probably not be 80
iortuanate IN respect tn his estimate for the
present fiscal year ending June 30, 1877.
lie estimates the revenue Tor this
yssIat s2o, oOo, 900
And the expenditures for the same
period at 25.OOO.O 900
The actual revenue for the first
quarter oi the ~ ne yesr. viz:
rom 30th June TO Both Septcm-
Der, 1916. was s7S1 oOo
And the actual expenditure for the
same quarter WIS n.Oss. 900
Leaving deficiency for that quar-
'efol 1906, 900
tho lsi quarter b. a lair sample II
the whole yeaI. both IA Ia N.Y.
euue sud expenditures, the def
CicnCy al the end OF The year will
be 9.22I, 900
THIS deficiency the balance in
the Treasury, Jolly 1, 1916, is sp.
PlicabIe, viz: 100000
And the remainder. unless other
provisions br made. goes To in.
crease the public debt 1914. 900
The previously existing public debt
was I7!O75.O 900
'ho whole pablo ie5I, Therefore, /
on LIST July, 1877, both stock aud
Treasury notes, ON this ~calcuIs.
ton, would b. Sc ESQ. 600
These are but estimates, except 60 Tor a.
hey HEe collected from the monthly and
quarterly reports from the Treasury. IL may
- ,haA ihe HttlniA anu ckDfndiiuTcs tOr The Y
P"'i'eI OF ne present hscsl year, VIII
'"' ' oul To D. a true index TO the remain
'g NE quarters
We ave YET TO see' too. whstwin be the
c'us' ehe't oil The new Farm on the rcve-
And II also TO ~ bone ia mind that in sta
i"g soo'r receipts and expenditures, HO al
opa"ce trhdftrtr a. mode for trpsnsts incur
ed but not yet dgrGyed. The raising Of