The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-11-29

Excess Of expenditures revenue,
July l, Ie49.. .'''..'.. ...pZVo4f,ssA ~
In the estimate made by the Secretary OF the Trea
sury Of for the fiscal year, ending June 80,
1910, q deficit of $15729 ia q, which suppos-
ed would exist the 1st Of July, 1s4s, las
been deducted, leaving the amount Of actual
means. to meet the expenditures of the year but
$1937Oss IS. This deficit has since been pro-
yded for by loan-leaving the whole of the revenue
Tor the year applicable to the expenditures The
penditures for the year were originally estimated at
S55644e41 r. but they were made in view of CONT
nuaton of the war The having been closed before
the present fiscal year commenced, the expenditures
on account Of the army and navy WILL Of course, be
much less than misunderstanding the amount more
within the limits Of ordinary As off,
set however part of the reduction in these items
additional appropriations amounting to $40 1886 r.
will be required for the liquidation Of expenses growing
out of the settlement Of the Mexican war; as will be
seen by the annexed statement
ADDITIONAL APPROPRIATIONS FOR THE Treasury
DEPARTMENT.
Estimates of additional appropriations proposed to be
made for the service Of the sca year ending the Sosh
All of which is on account of the civil list
foreign intercourse, and miscellaneous,
including payment to be made to Mexi.
co, under the 18th article of the treaty.
To the estimates is added a statement,
showing the definite appropriations for
the service Of the three last quarters Of
the fiscal year ending the s0th June. 1S49.
made by former acts of Congress, of q
permanen mt character, amounting to- 6542 431 43
Civil list foreign intercourse,
and miscellaneous, includ-
ing payments made of liqui-
dated claims against Mexico
under the 18th article of the
treaty. ................ 2ss2o19 81
Tensions. .......... 213,000 90
Interest, SC, public debt and
treasury notes. ........... s,2S5,422 rs
Rembursements of treasury
notes Issued under the seve-
raj acts prior to the act Of
July q 1896. ............. 16l,9S9 81
Total. ...........,. $40, 1857 1886 IL
This amount, added to the estimates made in Deem
ber 1s41 of the receipts aud expenditures for the s
cal year. ending June 3d. ls49, will present the
ed account -
FINANCES OF THE GOVERNMENT revenue AND ExPEN-
DIruRss june 80 1S49.
Estimated expend itures for the year .$556+4 OIL ~
Additional appropriations required. 1o2s7 1876 IL
sos 1872 276 81
Deduct probable reduction in expen-
ditures for army and navy. 10000 900 90
Aggregate expenditures. ....... .e32 278 81
Estimated revenue for the year. 30, 100000 90
Excess of Expenditures receipts,
June 80, 1919. ...... ............ to3z,zio %
SO far able to form any conclusion from the
reports presented such will probably be the state of
things at the close of the present nca year but there
Is, doubtless, immense amount of unaudited ac-
counts connected with the Mexican war. which
MIR. Walker will, II possible, keep out of the way
nd leave for his successor to arrange and liquidate
Mr. Walkers estimates Of revenue will prove
rect than his estimate of expenditures There is at
present little doubt but that 900 will be
realized from customs this fiscal year. Nearly FIVE
months Of the year have passed and the from
duties has exceeded that for the period
in any previous year. The spring Importation is likely
to be unusually large, and we have doubt our
kets will be crowded with foreign manufactures Of all
kinds Foreign manufacturers have other place to
send their fabrics, and they must send them to this
country and force the sale Of them at the best prices
they will bring In doing this they not only realize
something at once but they cripple our own manufac.
turers, and break down that competition which they