Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1847-12-15

runs, MOROCCO anu MuSc3t, also require the lie
gslation vt Congress to carry them into execution,
though the necessity for immediate action may not
DC SO urgent as in regard to China.
The Secretary of State has submitted csti-
mate to dciray the expense of opening diplomatic
rotations with tho Papal States. The Interesting
political events now in progress in these States as
well rs just regard 10 commercial interests
have, in my opinion, rendered such 4 measure high
| ly cXpodicnt
Estimates have also been submitted for the out
hts and salaries of charges d. aaires to the Rcpub
lies oi Bolivia, Guatemala, Ecuador. The mani
lest Importance OF cultivang the most friendly re-
ii'ioas with all the Independent States upon this
continent has induced mo to recommend anpropria-
tons necessary for the maintenance of these mis-
| sOns
recommend to Congress that an appropriation
DC mado to be paid to the Spanish Government for
the purpose of distribution among the claimants i'm
the Ainlsiad case" | entertain the conviction
That tins is due TO Spain under the treaty of the
twentieth of October, 1905; and moreover that
| from the earnest manner in which the claim con
tinucS to be urged SD long it shall remain I'M
settled II Will be source of irritation and dscord
between the two countries, which may prove high
y prcjudlcial to the interests of the United States
oood ocy, no less than faithful compliance with
our treaty obligations, requires that the incansider-
able appropriation demanded should be made.
detailed statement of tho condition of tho Il
nances will be presented in the annual report of the
last fiscal year, ending on the 30th of June lSi7,
were of the value of ono hundred and forty six mil
lion live hundred and forty five thousand six hun
drcd and thirty eight dollars Of which tho amount
exported was eight million eleven thousand one hun
drcd and fifty eight dollars leaving one hundred and
thirty eight million five hundred and thirty four
thousand four hundred and eighty dollars in the
country for domestic use. The va nc of the OK
ports for the same period one hundred and iitty
eight million six hundred and fiTty cigh, thousand
S'N hundred and twenty-five dollars OF which one
hundred and fifty million six hundred and thirtv
seven thousand four hundred and sixty four dollars
consisted of domestic productions. and ciuht mil
hon eleven thousand one hundred and fifty -ciuht
dollars Of foreign articles.
The receipts into the Treasury for the same nc
riou amounted to twenty Sin million three. hundred
ana ioty-sX thousand seven hundred and ninety
dollars and ;hirty-scvcn cents of which there was
derived from customs twenty three million seven
hundred and forty seven thousand eight hundred
and sNty-fdur dollars and sixty six cents from
sales OF public lands two million four hundred and
ninety-eight thousand three hundred and thirty five
dollars and twenty cents and from incidental and
miscellaneous sources hundred thousand five
hundred and seventy dollars and fitvonc cents.-
Inc last fiscal year, during which this amount
was received embraced five months under the OBJ
Grafton OF the tariff act of 1912. and seven months
during which the tariff act of 1916 was in force
lJurng the five months under the net OF lSi2 the
amount received from customs was seven m;Ilio,
cIght hundred and Orty-two thousand three hun-
drcd and SIX dollars and ninety cents, and durinr
the seven months under the act of 1876 the anount
received was fifteen million nine hundred and five
Thousand five hundred and fifty seven dollars and
sovcnty-six cents.
The nett revenue from customs durinu the wear
ending on the lst OF December. 1876 benU the
last year under the operation Of the tariff act oP
lofZ' was twenty-five million nine hundred and
seventy one thousand four hundred and three dol
on capf- n,,l H..
IONS during the year ending on the first of Deem
Dcr, lo4I beng the first year under tie oper.ton
o. inc iariil act OF 1916, was about thrty-ono mil
lion five hundred thousand dollars being an in
crease OF revenue for the first year under the tariff
act of 1876, of more than eight million five him.
dred thousand dollars over that of the last war NM
der the tariff of 1912 U.s. '
Inc expenditures during the fiscal year cndinr
on inc thirueih or June last fifty nine mil
non Tour hundred and fifty -onc thousand one hun
urea ana seventy seven dollars and sixty five cents
oil which three million five hundred and twenty
TWO thousand and eighty-two dollars and thirty.
seven cents was on account of payment of princi
pal and interest of the public debt, including fro,
s;ury notes redeemed and not funded The eynen-
c on exclusive OF payment of public debt were
my HVo miion nno hundred and twenty mine
Thousand and nnetyfve dollars and twentv,eiobt
cents. ' 'S"'
~ Is estimated that the receipts into the treasury
,or me liScal year ending the hirticth of June
Iolo, including the balance in the treasury on tho
ATst OF July last, will amount TO foriytw0 million
eight hundred aad e!ghty-si thousand five INN |
aTed and iorty-fv dollars and eighty cents of
winch thIrty-one million, it is estimated will no
derived from customs; three million five hundred
thousand from the sale of public lands f,pr bnn
ufod thousand from incidental sources. incluIinr |
sales made by the Solicitor of the Treasury. and |
SIN million two hundred and cighty-fivo thousand
TWO hundred and ninety four dollars and 6ftv fivo
Genus ron loans already authorized by law, which
sc'i.I WIN me balance In tho treasury on the |
iirst OF July last, make the sum estimated
Inc expenditures for the same period, if peace
IN n'cN'co snail not be concluded. ana the army
S,'aii DC increased as is proposed, will amount in
Guiding the necessary payments on account of pr;n
c!pa ana interest Of the public debt and treasury
NOES TO nifty eight million six hundred and fifteen
cents. " Se'eh
Oh inc ilrst of the present month. the amount or
tile pubic debt actually incurred. includnr tre,su
~ notes. was iorty-iive million six hundred md
ili'y-hno thousand six hundred and fifty nine dnI
lars and forty cents. The public dobt duo on tho
'ourth OF March, 1915, including treasury notes
was seventeen million seven iundrcd and eichtv !
Gioht thousand seven hundred and ninety nine dbl
laIS ana slXty-twO cents; and consoGuentlv tbo ,J
uiton made to the public debt since that time is
twenty seven million eight hundred and seventh
thousand eight hundred and fifty nine dollars and
seventy eight cents anu
vi the loan OF twcntv-tIlree rniIIio, ,,,,l;
ny Inc act OF the twenty eighth of January. 1917
INC sum OF hve millions was paid out to the puhli
cfedliors, or exchanged at par for specie the 70
manning eighteen million was offered for spccic 70
inc highest bidder not below par. by an advertise
'hent issued by the Secretary OF tho Treasury and
pupnShed from the ninth of February until the ,
tchsh OF April. 1917, when it was awarded 70 Tho
hlUhpSt