Baltimore commercial journal, and Lyford's price-current. [volume] (Baltimore, Md) 1840-1849, 1847-12-18
Excess of expenditures over means

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LIST July, lSI9, Observation-Disclosures. 80, PA ,O55.9 SO
1t will be perceived that if the war is continued
until the lst OF July next and additional revenue
provided by Congress, nor any sums received from
military contributions i'll Mexico, there would be
deficit in the Treasury, on that day of = I29 ll427.
For hereafter stated under the operation of
the Constitutional Treasury it will not be necessary
hereafter to retain in the Treasury, TO meet the wants
of the government and afford constant supply for
all their enlarged operations to the Mint and Branch
MINIS, sum exceeding s 900 900 Adding to this
the deficit in the Treasury LIST July next, II makes
the of 1929 ia u to be supplied during that
PERIOD TO meet which, if the expenditures authorized
and estimated should take place prior 10 that date,
loan for that would be required ii no additional
revenue was derived from any source whatever 1t
is believed however, that II Congress would adopt
the following which are recommended TO
their favorable consideration, additional revenue TO
the amount of s. 500 900 per annun might be rca-
lized-first, from duty tea and coffee of 25 per
cent. ad ualOrem, 900 per annum; from the
reduction and graduation of price OF public lands
900 900 per annum; from the extension of the pre-
cmption privilege TO every bona fde settler on our
unsurveyed lands whenever the Indian title may be
extnguished, 800, 900 per annum. Should these
measures be adopted by Congress, the loan might be
reduced to sum not exceeding, at the most, ST.
900 900. In estimating the loan at SIT ,0OO,0 900,
allowance is made for the fact, that these measures
for additional could not all go into effect,
as to produce the full amount during the time inter-
vcning between the present period and LIST July
next After that day il is not doubted that they would
produce the full amount of $500, 900 per annum.
TREASURY ESTIMATES.
Treasury Department,
November %, lS47
r-Agrecably to the Joint resolution of Congress
of the 7th of January 1916 have the honor TO trans
nit for the information of the House OF Representa-
tvcs, printed estimates of the appropriations pro-
posed TO be made for the fiscal year ending the Both
of june 1919, amounting to > AZ, 5S2 l53 IL
Civil list, foreign intercourse mis-
ccllancous ....... So ,1O3 ,65l 81
Army proper and vo-
lnntecrs. ..........3 81 ,S56,15S 50
Military academy. ....... Ill Az w
Fortiications, ordnance,
&c............. al ,61S ,34l 90
SURVEYS and lighthouses. lot, S2S 30
Indian department so ,210 W
Pensions aud arrcaragcs. .3OI ZOO 81
Naval establishment lO,9O5 sos 80
To the estimates added state
mcnts showing
|. The appropriations for the service
of the fiscal year ending the Both OF
June, 1919, made by former acts OF
Congress, OF a permanent character, -
amounting to ................... 4,5S7,5 ST. So
Viz
Civil list, foreign intercourse & mis-
ccllancous ...........l ,3ol ITO IL
Aiming aud equiping
militia: ..:; ,....... .2oo'00o 90
Civilization of Indians. 10000 90
Interest, sc public debt
and treasury notes. =, 400 ,4O2 bo
H. The existing appropriations which
will be required TO be expended in
the fiscal year ending the 3Oth Of
June, 1919, amounting to.......S l'4'o'2io !"
VIZ
Civil list, foreign intercourse & mis-
cellancous. -.... .ooo,Z2o ~
Army proper, &c.. -. .S,l97 "
Pensions 80. .... 767 ,052 63
Indian department. 1900. 1881 ol---
$55,644,947 81
III. There is also added TO the estimates state
ment of the several appropriations which will proba
bly, be carried to the surplus fund, amounting to
$S07 1853 Sc.
l am, very respectfully, your obed'nt servant
r. j. WALKER,
Secretary of the Treasury.
Hon. Speaker of House Of Representatives