Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1848-12-14

process and the mails would BE- lost Or the paper be
obliged to 90 press many hours before It's departure,
and thus be prevented from giving the latest The
scheme is simply mpracricable, as have said.
REPORT OF TIE SECRETARY OF THE
TREASURY.
The annual report the Secretary Of he Treasury id
not, as usual; accompany the Presidents Message, in
Consequence, as Union alleges Of the regulation
made by Congress- in pursuance Of which the Secretary
sent to the Public Printer a month aro volumnous doc
ument containing estimates Of additional appropriations
required for the service Of the fiscal year ending June
80, 1870, and for the fiscal year ending June
30,lS50.' This avant courier of the main Report
laid the tables fmembers the first day ofthe session.
The Report itself to have been sent in Monday last
It must be confessed that very little confidence i placed
in The secreary's estimates. proofof This is seen in
the very title above Of his premunory Report Congress
voted promptly all he asked for the service OF the present
year. lie afterwards calltd for five millions more
which Congress granted besides large additional sums
to meet demands upon the Quarermaser's Department.
which were applied for directly by the War Department.
Congress treasured that this would be abundant TO
carry the Government through the fiscal year. and yet
Mr.. Walker coolly demands ten millions more
We give the following summary ofthe finances gath
cred from the Presidents Message. II it is found in the
Union. We publish it, with the distrus as to lis ac.
curacy, which the multiplied mistakes Mr. Walker 50
justly inspire.
The views Of the finances as given in the message
forms the most triumphant vindcalion ana indeed he
modest eui gy, OF the policy Of the administration in that
most important branch Of our national interest BY ref
eences to the message, will he the somewhat sin
guar coincidence that the total exports and the total i'm
ports OF The last fiscal year amounted round numbers
each to Ia millions; while of the imports just S2l lbs
OlO were re exported, and Of the exports S2I I2S0l
also were otoeign articles. The total revenue for he
same fiscal year amounted 10 nearly thirty five millions
and ahat-eXceedIng by about one million the estimate
OF the Secretary Of the Treasury The total expenditures
OF the government during the period including the
war expenditure and excluding The payment on account
Of the puzzle debt, We're about torytNu millions The
estimated receipts into the treasury for the present fiscal
year ending the 3Uth fJune next, about itly-seyen
millions HE eStm1ted expenditures for the same pc
Rod, including the necessary payments Mexico and
remaining war expenses, including reimbu rsement of
treasury notes, to alb ut fifty four mlllos eav
ing in The treasury estimated balance Of about three
millions The total public debt. including treasury notes
and all The loans authorized BE- negotiated by existing
laws. amounted on the 9Th Of July last about 500
100000, but by the purchase of about hqfa million of
funded stock OF the United States the debt has betn re-
duced IN that amount, and is very little more than
SO 100000.