Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1848-06-03
s2,s6I,3s7
3,ls3,2OO

This the committee do not admit to be correct
but they believe il be the upon which the credit
Of s., 36l 1897 is founded One gaing is that the
of stock claimed be issued for funded under
the of January %, s47 exceeds the whole
imbursed The reimbursed have been taken from
the Registers books the amounts funded taken from the
Secretarys report, from the stock book
The main object in introducing this statement here
show that the whole amount Of Treasury notes issued under
prior July, 1896 that reimbursed during the year
ending June 80, l847 included, and that the
funded had been deducted thus keeping the right
far that concerned without resortng TO the chd-ke
operation Of adding in line and deducng in the other adj
verted to in the preceding page
The next statement in the report Of the Secretary TO which
the committee have directed their attention statement B.
page 40 and in that they will conne themselves entirely
that part which relates to Treasury and stocks. In this
statement the Of is charged the Treasury
the ava Of Treasury and loans for the first quarter
Of the fiscal year from LIST July 3Oth September, s47
This sum is composed Of four items, follows:
From avails of Treasury notes issued under act
Of July %, 1916. ACKNOWLEDGEMENTS. $3.50, 600
From avails Of Treasury notes issued under act
January IS, l5H ..................... 4,225, 500
From avails of loan Of July %, 1916. lll,000
Do do January 49, 1S47..... 2,32S, 27S
s6,9l5,07s
This statement is predcated different principle from
that in statement Of the Secretarys report, before
erred this report There the amount Of stock issued for
Treasury notes funded deducted from the amount Of notes
Here the whole amount Of issued charged avas
the Treasury, and the stock issued fund Treasury notes
still brought in in the last tem thus charging the Treasury
twice with the same iunds but before Observed this Is
"immaeral provided the credit is properly entered For
the purpose Of illustrating subsequent observations in
ference to this statement will be necessary analyze the
last item. II is composed-
First Of stock issued under the act Of January 20, ls47,
Tor specie deposited OBSERVATION-DISCLOSURES. S557 300
Second stock issued to fund Treasury notes is
sued under the act Of July 3d. ls46. 'l,0l7 $50
Third, stock issued to fund Treasury notes is
sued under the act Of January %, ls47 .730, $50
Fourth, stock issued to fund Treasury notes
issued under acts prior to July 90, 1916 go, 47s
S2,32s 27s
On the same page the Secretary claims Gre
dit for redemption Of Treasury notes and in
terest the sum Of ACKNOWLEDGEMENTS 50, 49,, 1923 SO
Here element introduced, which increases the diff
culy OF testing the accuracy Of this statement Heretofore
the interest on the public debt and Treasury (Which
forms part OF the public debit has been entered separate
and specific item and the committee know Of data from
which they can ascertain how much Of the aforesaid
rs claimed rs interest but the payment OF interest forms
part OF the annual expenditures Of the Treasury the including
OF portion thereofn this account cannot affect the general
result
The following statement shows the amount Of Treasury
notes reimbursed during the first quarter Of the present fiscal
year. and the items which compose the credit above men
toned
OF notes issued under act Of July 22d, 1916,
(no, funded) s494,35 90
DO do do Chat were fundcd}.i ], ol7, $50 90
Of those issued under act Of January %, ls47
mot funded) 100 90
Do DO do (that were funded) .73O, $50 90
mot funded, $500 90
Do do do THAT were funded) .22,47s 90
sa,a7i.o 90
Supposed amount Of interest included in the
credit claimed by the Secretay's report. ll4,S0l SO
-
Amount stated In the secretas report. 329 SO