The republic. [volume] (Washington [D.C.]) 1849-1853, 1849-12-25

the expenses heretofore incurred as well as to the
revenue to be received.
The preventive service is anal gamated by
system with the service of collection. There are
now ITO collection districts in the United States.
OF this number, - maintained at the public
expense, not having collected any revenue during
the past year. There are SO at which the revenue
collected is not sufficient to meet the annual
penses, and but Sc at which the gross revenue
ceeds the expenses.
Underthese circumstances, Il submit the estimates,
herewith presented (marked C), Of the expenses of
collecting the from customs ON the present
scale of service, submitting to the wisdom of Con-
gress the question of reducing that SCALE and the
mode of such reduction. Iannex to the report copies
of letters (marked To received from collectors of the
customs on the subject. In my judgment, no re-
duction is practicable. consistently with the secu-
rity of the revenue; on the contrary, have no
doubt that the force should be increased.
deem it proper to invite the early attention of
Congress to the appropriation required for the
ond half of the current fiscal year, for which sep
arate estimate is submitted CO. as required by the
Sd section of the act of Sd March last. The entire
revenue from customs being paid into the treasury
and remittances made to each collector for all the
expenses of collection, very great embarrassment
would result if the necessary appropriations were
delayed.
Under the provisions Of the 9th section of the act
of Sd March last, present herewith a "statement
of the amount of money expended at each custom
house in the United States during the fiscal year
ending the 30th June last, and also the number of
persons employed, and the occupation and salary
of each person, at each of the said custom houses
during the period aforesaid (markcd d.
1t will be seen, from the statement referred to,
that full compliments of officers for twenty four
revenue vessels were charged upon the revenue
The number of officers has been reduced to sixteen
of each grade
PUBLIC DEBT.
Annexed will be found table marked (E), in
compliance with the 22d section of the act of the
2Sth of January, lS47, containing the informa-
ton required thereby respecting the issue, re-
demption, purchase, and resale OF treasury notes.
AS required by the first section of the act of 10th
August, 1876, statement is appended (marked
E) showing the amount of Treasury notes paid
within the preceding year under the provisions of
that act.
Statement (F) shows the payments into the trea-
sury on account of the loan of lS48.
The public debt amounted, on the lst of October,
ls4S, agreeably to table (O) annexed to the last
report of my predecessor, to the sum OF zoo, I7S,
$50 Al. Since that time, y ,O73,756 ~ OF the
debt has been redeemed and extinguished by the
purchase of stocks, &c. OF the amount thus re-
deemed and cxtinguished there were-on account
of the debt of the cities of the District OF Columbia
assumed by the act of the goth May 1886, $bo,ooo;
onaccount of the old funded and unfunded debt,
S5,0S9 IS; of treasury notes purchased at par and
received in payment for LAM and customs 2,l5O;
of military bounty scrip, $233,075; OF the stock
of 1912, $S0,700; of the stock Of lS43, $ 36,ooo
of the stock of lS4S, S260000; of the stock of
lS47, 1882, 800 which last was paid for out OF
the land fund, and purchased by Hugh Max
well, esq., collector of New York, with the aid
(eindly afforded) of C. w. Lawrence, esq, the
late collector of that port, whose resignation had,
at that time just taken effect, and who had ac-
CURED some experience in similar operations, from
having been employed in them by the Government
in the previous year. See statement hereto an
nexed marked (G.)
The public debt now amounts to the sum Sb4,-
704, 693 II, which will be redeemable as follows:
Parts of the old funded and UNI
funded debt on presentation. $l22,73o III
Debts of the District cities assumed
nually NEUTRALITY-SUSPICIOUS.. 100000 90
Five per cent stock, per act of Au-
gust, lS46, rcdeemable 9th Au-
gust, 1851. ...................... 3O3,573 80
ls45, redeemable LIST July, 1853 6,46s,23l IS
Six per cent. loan of 22d July, 1916,
redeemable 18th November, 1856. 4,9s9,l49 40
Six per cent. loan of 18th April,
1912, redeemable 3lst December,
1862. .............,.......... o,iSo,oSo VI
Six per cent. loan of 2sth January,
ls47, redeemable LIST January,
1865 ........................ 27,6ls,35 So
Do do do.. l49,S2 90
Six per cent. loan of 3lst March,
lS4s, redeemable lst July 1863. l5,74O,oOO w
Treasury notes Issued prior to 1876,
payable presentations; if con-
verted into stock, under the act of
Ist july. 1865. .................. 1879 81