The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-01-05


without injury the public interests, the account at the
end Of the year will stand as follows:
Receipts the reasury from all sources during the fiscal
year ending June ~ 1850 including the bsancs u ~ the
Expenditures Tor The SAME period. As es,-
mated y the Secretary q s4s .Ss IT'S :.
Deiac, what may be saved S'''''''''s =
by retrenchment during ~ - III t
4,65I.5s5 81
Leaving balance in the treasury LILY \.
1850, OF -stg5fS- SSz.lI0,67o 81
The results may verify this statement Unforeseen
events may prevent the receipt Of much money from
customs we have estimated And il is certain that the
present administration will make effort TO rerench
the expenses Of the government But It is equally
clear that il the administration disposed to suspend
the expenditure OF money. when they do it without
deirment the interests Of the country there would be
surplus instead OF deficit in the treasury the 3oh Of
June 1880 AT the worst, the deficit will be but trie
comparatively, which may be provided for by small
issue Of treasury notes. without to additional
taxes upon the people TO- loan. So much for the
present year.
We will now review the estimates Of the Secretary
for the fiscal year ending June 3d. 1851 The following
is his estimate Of receipts:
The estimated receipts and expenditures for fiscal
commencing July l. 1850, and ending June 3d. 1851
Receipts from customs ssa 900 600
g public lands 2l50O00
miscellaneous sources 100000
Total estimated receipts ss4 10000
We have no doubt that the Secretary will at the end
of the year. find that his estimated receipts will fall
millions short Of his real receipts The real re-
ceips will probably approach s4oooo.ooo than
$34 100000 But will take them they stand, and
endeavor 10 show that II prudent and saving at
the head Of the various departments Of the government
there wsuld be but very little If any deficit in the means
Of the treasury at the end Of the next fiscal year The
following is the Secretys estimate OF expenditures du
ring the year:
Civil list, foreign intercourse, and miscella.
Expenses OF collecting revenues from
zs s:s g! ss ss @ lands ss
Foniacaion'. ordnance, aiming militia.
Internal improvements l,21.2os IS
Indian de partmen, I,gl27I0 s.
..s.s;, ..., ..a ,.sps
airy, isH 80 " - 80 : - ~ as2sss 81
-l
sA,ss7. osa 7s
Now, ], not apparent TO the plsinest understanding
that millions can be saved without injury the county,
by combining the appropriations to the real necessities Of the
W
submitted by the Secretary Cannot two mlions be
saved on the civil list Cannot thee-q quarters OF mil
lion be saved on the item for collecting the customs
Cannot million be saved in thesxpenses OF the army
Cannot million be saved the item for Notifications.
&c Cannot million be saved the item for Internal
improvements Cannot at least three millions be saved
on the item for the navyi
What would be the course OF aprudent who found
his means coming short Of his proposed expenditures
Would he take from his money at interest," or borrow OF
his neighbos the means make up the deficiency Or
would he retrench his expenditures II he contemplated
improvements upon his farm, would he not postpone them
until his income would meet the additional expense
Certainly; and such would be the Of any wise
and prudent government But the present administra
ton propose such remedy They propose 10 increase
the iares Of the people, and info debt rather than
to suspend or retench any portion Of the expenses Of the
government
In is45, before the commencement Of the with
Mexico, the whole expenditure under the head Of the
civil list, foreign intercourse and miscellaneous, inclu
ding internal Improvements. aaouned only to s5eos.-
2o7 Now, in time Of peace, under federal admins
traon the Secretary OF the Treasury estimates them for
the year 1851 al SI3.s .724e4, hon t,ccs the
amount Of the EXPENDITURES under the sameheads in ls45
In 1916 the whole expenditures Of the military establish
men including Notifications, ordnance. aming the mill
tin, Indian department, and pensons. so,533 2y3.
The amount estimated By The Secretary Of the Treasury
for the purposes il 1851 Is $40 o., or
nearly pr mions more than 10 is45. In ls45 the whole
expenditure for the naval establishment % 22s ss9
The amount estimated BY the Secretary for the year 1881
is i,353,ieo o., nearly tpioe The amount Of the
penditure for Is45.
The entire expenditure Of The government for all pur
poses in is45 e2i,s7o04o Now they are estimated
~ Mr.. Meredith for 1851 at s44s97,o s2 70, or more
than double he amount in Isa5 The year 1916 was the
first year Of Mr.. Folks administration and year OF
pesces The year 1851 will be the second year Of Gen.
eal Taylofs and also year Of peace And yet the ex
pendturss OF the government have been doubled under
federal administration in period Of profound peace
In justice TO the present administration, il is proper
for 10 say, that IN the estimates for 1851 are about
si1 100000 for iDdemntss under the Mexican treaty,
Interest," on the public debt and the expenses Of collecting
the revenueiems Of expenditure which did not exist
IN is45 But. with this added, The total amount Of
expenditure under an economical administration Of the
government. should not exceed ess,ooo.ooo.
Now, in view Of these facts. who will not say that
millions can be saved by reducing the appropriations