The southern press. [volume] (Washington [D.C.]) 1850-1852, 1850-12-18
duty has been authorized a. each Of the Larger

duty has been authorized at each Of the larger
ports; the fees allowed, il is hoped, will equal the
| expenses incurred thereby.
| transmit herewith, statement c, showing ''the
amount of money expended al each custom house
in the United States during the fiscal year ending
the Both June last, the number of persons EN-
ployed, and the occupation and salary of each
person al each OF said custom-h houses during the
period aforesaid" as required by the 9th stction
Of the act of Sd March, l849.
The act Of 30th September last authorized the
| employment of ten additional inspectors at New
Orleans; the provso to the section, in the opinion
Of this Department, nulli6es the enacting clause,
and the relief so much required awaits the !urther
legislation OF Congress.
/ BY the act of 25th September last, six collec
ton districts were created the Pacific and two
east Of the Rocky mountains, on our northern
frontier. These give occasion for large increase
in the personnel of the department of customs, and
more than corresponding increase in the expen-
ditures. The maximum salaries of tho officers
attached to the Pacific districts designated by that
act, though in general reduced by the Department,
are believed to be only commensurate with the ex-
penses attendant upon residence in that country.
That basis, as 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 given by the
first section Of the Joint resolution Of the 18th Feb
ruary last, such salaries have been assigned as,
in the opinion OF the Department, were required
to insure to the Government, officers Of ability and
integrity, and full reliance is placed upon an hon
est and faithful discharge of the onerous and re-
sponsible duties devolving upon them in that re-
mote 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
injurious in its effects. This branch of the service,
intimately connected with, and nee essary TO, the
collection Of the revenue, is, in the opinion Of the
Department, proper subject for distinct appro-
priations, and have therefore submitted est-
mates for that service upon basis Of twenty re-
venue vessels, less number by four, than existed
previous to that reduction.
Public Debt
According TO the last annual report from this
| Department the public debt on the LIST December,
l849 including Sle,s2l 45 in Treasury notes and
stock not then stated, was S64, 723,5l5 l6
Since that period the following reductions have
been made, viz
On account Of the debt Of the cities
Of the District Of Columbia, as
sumed by the act Of Goth May,
1886 100000 90
On account Of the old funded and
unfunded debt 3,l49 IL
OF Treasury notes 1877 81
= And Of the stock Of lS47 430,25O OF
S495,276 7!
3 The above stock was purchased at market rates
through the agency OF wi eSSTS COrCoTan N hiSSS
and which but for the great demand for Govern
ment securities, increasing their price beyond the
limit fixed by the Department in its instructions
to us agents, would have been somewhat increased
The rubc debt on the 30th November last was
S64, 22S ,23S 81, per statement d, viz:
Old funded and unfunded debt re-
deemable on presentation 1855 sc
Debts Of the district cities, assum-
ed by Congress, $50 900, paya-
BILE annually 100000 0C
Five per cent. stock per act of u-
gust, 1916, redeemable August
9, 1851 303,573 9:
Five per cent. loan Of Sd March,
lS43, redeemable July ], 1853 GAGS, 23l 81
Six per cent loan of ODD July,
1876, redeemabe November IL,
1856, 1899 JAG 4!
Six rer cent. loan Of 18th April,
1912, redeemable December 81,
1862 S,l9S G86 O:
Six per cent loan of Sth January,
lSi7, redeemable lst January,
| 1863 27,l35, l22 O(
Six pc cent loan of2S'h January,
lS47, redeemahle Jan'y lSt. 1868 l54 1928 OF
Six per cent. loan Of 3lst March,
1913, redeemabIe July ], 1868 l5,740, 900 Oh
Treasury notes issued priorIo 1876,
payable presentation. it con-
vertd into stock, under the act
! of January 2sh, l947. will he re-
deemabIe July l, 1868 2095 SCI g.