Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1850-12-26


tieuia's' VIZ ta.sf. -.fs - ! ,,sesst AZ. X. .
Civil list, foreign iatercsurre, an Miscslia-
usous, including Mexican indemnsty, l2.73,25 IS
Expenses Of collecting the revenue from GUS
Expenses Of collecting the from lands 40 %
fsri6cs,isas, srmins miIti., &c. sag7.s1s IS
Internal Improvements, nc. 40 20 g
fndiar department, l,73l5i5 %
Penson,, 9,6i5,so5 %
Naval establishment, including dry dscks and
and mail contracts, M.l59 SIS %
Interest tbs public debt, sos 81 %
Purchase af stock Of the Iosn Of l6H, 39,t56 50
Redsnrsion Of stock issued under the acs VI
oh August isa6, Ss1 ~ u
- T ssir se.l04.ss 70
E4simssed expenditures estimated meen - =. =
Up 70 Juiy !, 1864, eos sg6 -
Tho foregoing does not include the inlerest
to be paid on the Texas boundary stock.
Work Done.
By the joint resolution of The l4th Of Fehrua-
~ last, the sum of S2,450.000 was appropriated
to defrsy the annual expenses of collecting the
re,enue, in addition To such sums 'as may be
received from storage, carriage, drayage and
labor" a
BY the provisions of the act Of I'd March,
1919, in lieu OF the nett revenue, the gross a
mount Of all duties received from, customs,
fom the sales of the public lands. and from all
sources" were required 10 be
paid INTO The Treasury without "any abatement
Tor deduction" whatever This deyolved up
on the Department the necessity of transfer
ring all com received 10 the depositaries desig-
mated by the act of 9th August. 1886, and re-
transporting the sums necessary for The current
and Incidental expenses of collecting the reve-
nue.. or The exercise OF the implied discretionary
powers conferred by the same act upon the Sec
rotary Of the Treasury, to designate such other
depostaries as circumstances might require
rhe collectors of customs and surveyors Of ,te-
,ior ports have, therefore, been made deposita-
res, and given bonds as such.
cuncur iG the views of my predecessor, Tint
the change was a salu,ary one. The labors Of
the collectors and their clerks, though largely
increased thereby, have been in general, per-
fo,red by the force authorized ut the date Of my
assuming the duties OF ,als departm-nt.
| The law of y h July last, ci ecting all con-
veyances of vessels TO be recorded ut the
tom houses, recessaiy required some addition
to the clerical force, aud consequently one clerk
tor that duty has been authorized at each OF tue
la ger port; the ices allowed, it is hoped, will
equal the expenses incurred thereby.
| The act of 3On September last authorized the
! employment of ten additional inspectors at New
Orleans the proysu 10 the section, ia the opiu-
ion If this Department, nulifes the eaactlug
clause, and The relief SO mach required awaits
the further Legislation Of Congress.
By the act OF % h Of September last six col
lection districts created on the Pacific
and Two east of the Rocky Mountains, ON our
northern frontier. These gave occasion for a
large increase IN the personnel Of the department
Of CUSTOMS and a more than corresponding in-
crease in the expenditures. Tine maximum sa-
ares of those officers attached to tie Pacific
Districts Designated by thatiact, though in gen.
eral reduced by the department, ara believed to
be only commensurate win The expenses attend
ant upon residence IN that county. That ba =
SIS, a fixed by Congress, has been the standard
adopted by the department relatively, for the
compensation of the subordinate officers, and IN
the exercise of the discretion gwen BY the tirs!
: section OF the JOINT resolution Of the i4ih Of
> February last, such salaries have been assigned
, as, in the opliIun of the Department, were re-
CURED 10 Insure 10 the Government, officers oil
ability and integrity and full reliance is paced
upon al honest and faithful discharge Of the on.
eous and responsible duties devolving upon
thea. ia that remote section Of our country.
The great reduction of the revenue marine
made by my predecessor, IN consequence Of the
limited appropriations, has been represented as
inlurious It's fleets. This branch Of the service
immediately connected with, and necessary TO-
the collection of the revenue, 49, in the opinion
Of the Department, p,o er subject for distinct
!
estimates tor that service upon basis Of twenty
revenue vessels, a less number by four, than ex
listed previous 10 that reduction.
Public Debt.
= According the las, annual rep. II iron this
Department. the pubic debt the Isl de-
cember, lc49, inclnsIns Sie, sci IS N Treas
ury notes aud stock MI then stated, o. 7235s
Since that period the following reduction,
: have been made, VIZ:
: On account Of the debt Of The cities Of tho
Distr.c, Of Coumh,a, assumed by the act Of
2oth May, 1886, $50 600
On old funded mud unfuneed debt, 3l49 4
And , II the ., o ofl8n, 80 o' So Q
s495 a76
The above stock was purchased at the ,marke
rates. through the agency OF Messrs. Corcora
g. Riggs, aud which but for the great deman
tor Government securities, Increasing their pric
II beyond the limit fixed by the Department il
- its Instructions to ITS agenls, would have BEEF
& somewhat increased.
. The public debt on the Both November las
M was S64. 226 ,235 81, VIZ:
ID o funded and udandsd debt redeemahls on
~ Dents on the district cities, assum.s :,
- $1,000, payable annually, 100000 Z
IA dsemabis. Ausas, 8, Isl. a1s.57s
bic. July l. 1858, s.4es 81
8, November r., 1856, .l4s
40 L Dss Zee 81, isea. 49, - iss,es
~ Six De, ceot loan Of 18th January, ls47 redeem
lie January Isl, ice, N.Is5,i a
or Siv per loan Of 2,th Of January, 1877, re-
dssmsbIe Jan. /, 1865, ls,7soooO
T,easury notes issued prior 1876, payable
en- pre-e staton. il Converted into stock, ua-
der tho act of Janu Nv 25.h 1917, Will DO
decnuable Jul, l, 1865, 300 sol
o,l eea,22s 90
~ Eslimdfes.
w The total cash receipts into The Treasury
= from all sources during the fiscal yeus end
DOL Ing juno 3ah, $780, WIRE o43,774,645
" rod wer % 3s,sss, ass
10 The actual and estimated cash reccipts from
. all sources for the year ending 30th June,
: 1851, are Fs5920O0
20 The acu,i and estima cd cask expenditures
for the period amount 10 53s7J,5 81
The total estimated cash receipts for the year
ending 3Jth Juue. 1851 amount IS SOD, 100
The total estimated Cash Expenditures for tho
came period au'ount 10 4e-11sD
lam well awure that these actual and estisn
ted expenditures may justly be deemed lare
therefore in submitting them, 1t 10 proper III
they be accompanied by such explanations al
statenents as wIIl Distinguish ths ordinary fro
the extraordinary demands upon the trcasur
and show, that the aggregate 10 no greater TN
is demanded by due regard to economy a
the ohii yaf,Ous If the pOyernsr,etlt ',-