Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1848-05-13

II
as,ls4, aa7 is
Deduct also Treasury notes redeemed and fund.-
ed, issued under acts prior to act OF 22d July,
lS46 also part Of said sum OF 500 6S 66a2 90
as,il66o5 As
Deduct also the amount Of Treasury notes is
sued under acts of Si6and lS47, which were
in the hands of the accounting officers on the
LIST OF October, 1847, and not covered by war;
rant, but which notes, when covered, will
make the charge against the Treasury equal
to the notes converted into stock received
Tor public dues l,4Ol 300 90
26,7l4,7os Is
Add amount Of Treasury notes and stock avail
able for the remainder of the fiscal year end
ing 50h June, 1913 see statement g, ac-
companying Secretarys report. 6,2S5,29l SIS
sss,oooooo 90
The first entry is "Amoun received for Treasury notes
and oans under of 1916 and ls47 during the fiscal
year ending 3Oh Of June, ls47. per Secrearys report
SOS, CTS, l99.45.n
This is the same sum given by the Secretary Of the Trea-
sury his official report the first page under the head Of
receipts and expenditures fer the fiscal year ending 30h
June, 1s47."
By table accompanying that report is given detailed
statement of duties revenues and public expenditures dur
ing the fiscal year ending June 3d. ls47 agreeaby to
issued, exclusive of trust funds This table purpors
among other things TO contain the items of this OF
s25, 679, l99.45, which as follows:
Avas Of Treasury notes issued under act
Of July %, 1885, after deducting 81 ,9S1, 900,
which we're funded under the act Of January
%, S.. 5o6 800 90
Avas of Treasury notes issued under act OF
january %, 1847, after deducung 81, &c, $50,
which funded under the said III, 500 90
Avas of loan under of July 90 isi6... isSSl49 As
Avas of loan under act of January 49, 1S47
after deductng sio,s5o which were funded 41slsso 90
SIS, $40, 100 Is
statement still In detail has been furnished 10 the
Committee Public Expenditures from the books the
Treasury The of Treasury notes which are here
stated have been funded under act January s4
Ooo appears by the statement procured for the Com
iitee ON Public Expenditures to have been si6s3, 30oa
discrepancy Of s247, 700.
The sum said to have been funded in the second entry
81 22l $50, appears from the authority have been
81, l3a, 55o-a discrepancy of SIS, 300.
These together show the in the report if the figures
furnished the Department be correct TO be 1885, 000
The fourth item avails of loan under the act Of Janua-
ny o. 1897 after deducng $40, $780, which were funded,
| 81, 1874, $50"
This item appears be composed Of the following amounts
Treasury notes. per act OF July O. 1885, funded 6s5 SOC
DO do Jan. %, 1si7, funded. 1,i32, $50
DO per acts prior to July 90, No. funded $50
Money deposited for stock under loan Of 2sth jan
uary, lsF lS2S,2oo
s4l75,So
Deduct. ..........".......... 4o,sSc
s4,is49sd
will be perceived that the Of s4Os5O deducted is
said to be noes which were funded" under prior acts
as is supposed of This sum- therefore, for the
same thing the sum Of $685. $50 and the childish is
performed omakg the entry in the account and Immediately
afterwards deducng from the side the came account
and to make the transaction the remarkable stated
TO be 81, 100 less in the one than the other.
think that the true amount of stock used TO fund notes OF
prior acts should be entered part Of the avas Of the oan
and should not be deducted II merely SO much stock
used pay old debt and is the same a. il the stock had
been sold and the money applied.
These mistakes show serious in the first item in the
1 - r. H.
SIS, 679, 1895 is incorrect.
The second entry in the Registers statement as fol-
lows Deduct Treasury notes redeemed under Of s46
and ls47, being part Of the of ST. 36 297 or included
year. the difference being for notes redeemed under other acts
81, l67, ZOO"
In table A, accompanying the secretays report under the
head of expenditures is the following entry Redemption
of Treasury notes deductng s3 200, which funded
under the act Of Jan. 2sh, ls47, 50, SO, 397.O7"
doubtless proper to deduct the so funded but
the which deducted having been funded during
the year is correct il the statement furnished from the
books at the Treasury to the Committee Public Expend
lures Is correct BY that statement appears that the
amount Of funded during the year Of the issues Of
1916 and ls47 is for the former loan 6s3 800, and that
Of ls47 81 $50, and showing the discrepancies
before referred to in relation 10 the first item.
The next sum in the Registers statement is the amount
remaining after deducting an amount and the
suit is erroneous.
Amount received FOR Treasury notes and loans during
the quarier ending goth September, S47 omitted in the
financial statement In Secrearys report but contained in the
table referred to in that statement, Sc, 1915, co."
This large amount is the originally omitted in the re-
port Of the Secretary OF the Treasury, and which he at last
discovered very luckily, before the loan bill was finally acted
upon All the materials no, in my possession enable
me TO Judge whether the item is correct or not
s. The next amount Of $780, 1885, 57745 being the sum Of
the two last amounts, Is Of course erroneous.
g. Deduct Treasury reimbursed under acts Of 1916
and s47 being part of the Of 81, 1885, 49, included
under the head Of Treasury and interest in the same
quarter the difference being for Treasury notes issued under
other acts and interest, S., 242, $50. co."
a Deduct also Treasury redeemed, and funded
issued under acts prior Of 22d July, 1885, also part
Of said sum Of So, 1885,, 329 SO, $50, 622. co."
have placed these two in connection, they in
fact connected There appears to be series of mistakes
connected with these two amounts pointed in my
former speech the manifest mistake relation this sum Of
S67622. The Is still persisted in. II Is not so i'm
portan 10 amount being only mistake Of about 900;
but seems 10 be claimed that il mistake whatever
and still parsde in the Treasury statements and its cor
recnes vouched for in such high quarters and here
affects the accuracy Of subsequent statements in the report Of
the Register OF the Treasury propose consider asngh.
appears that the outstanding Treasury notes issued prior
1896 was, on the LIST of December 1885, $685. 030 97
BY table T. IN the Secrcarys report il appears that the
amount outstanding Of these notes. December l. ls47 was
S239,7s9 81 OF course. the redeemed during the
year 1885, and not SI4344l &c. a. stated ia
table OF the Secetays report Il also appears from the
table that portion Of these were funded
amounting to s77l co. This supposed represent the
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