Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1850-01-03
Report of the Secretary of the
Treasury.

Secretary Of the Treasury, sets forth the finan-
cial Condition OF the government very clearly,
and yet as concisely as the subject will admit
We should be glad TO publish the whole since,
for new wonder, The report from the Treasury
! Department is quite superior to late docu-
rnents OF lis class as is the Message. Our lin
its. however, will not permit US 10 publish it en-
tire. We cannot refrain, however, from giving
that portion which is most interesting to our rea-
dcrs unabridged we mean that devoted to the
Tariff.
Deficiency ia the Rtr,nue. 1850 and 81
! The receipts, and expenditures and estimates
we hive already given. The deficit estimated
for 1850 is S5,S2S,l2l 66, and for 1851, SIO,-
5l7,O92 73-total Si6,375,2l4 80.
The Public Dett
Oct !, l6iS, the debi sos rs I51 Al; it
is now reduced TO S6l,7t56g37i THIS shows
reduction in the deb; OF 81 U7;S ,75i 20.
Expenses of the Uar rcih Ner1co
The extraordinary appropriations for the army
in the thee years ending April |, 1919, and for
the navy in the two and half wears cnding Ist
Oct 1913, amounted 10 $G3G0j 62l 81 To
This add 80 Geo land warrants estimated at $50
each Sic C0O 00O and We have three irras OF
expense amounting t. So!G05,G2l 81 THIS is
exclusive al ~ hit - payable tu Mexico. 20 whom
nearly seven millions are 10 be pad ia 1850 and
lo5l IAN iem 'qnred beyond current odinarv
expenses. y ont u..c Iu!I!iou dollars the pubic
q. .f.t ..1-. No.
issue OF land warr4n's COR services in Mem
co val reduce 'Ac scvennc !roin'ih public lands
millIoss N tae yrars 80 anl 81. These tl,sce
tens account for u out ri The is ailnons Of de-
iicIoncy estimated tor he two year---the rest Is
accounted Tor by the simple fac; Il. It the current
revenue of the government does not cqill It's ex-
penses In 1859 for instance, ne irly - mil-
hons cut Of tie trepotedl 60 m,llious Of ''rc-
-rip,-," consisted OF tfcisGry nnes ard oaas-
almost one Lslt
What s.,auI be doae3 The Secretary pro-
poses TO a,cst temporarily ihc wants ofth. Tfea-
sery by ISSUING government stock or treasury
n,'e, to the amount Of Is IL ali'ion4: b it he
is aot satisfied with "shipni1g oh" The ia- Of
'''' ' - ~ - '' ~ ''''9' tip- ucO'si
and t.l1f- IS good old way - d. H. by
,
IHE lAhIff-
tt, rrcvilo r,rti.o ntv.rer,r ont Of tb. revc,,a
If t0c ,,,.,,.fo.,t ,tb rli v,.i d., d,,t, Nv,
.s.,.i ,...r ,..l,,., 70 II Inn. IS53 to-.
M. -.-;..,.f t,',,.i. ,..- ,Lc ,,,,,t.,fo,,,
i,,...., -, o.. ,,,,f.. d.hr ,,t,,.,,..o
h.. ,,,,,,. ..,,,. j.,.,. ~ .,,..;',,., f,-.G
.,.... - ~, ,t.. =. -, ...,
','..-.,.. 80. ,.,',.'
-. No.. r., .,..,...... ~
'"'
" -. -
i"' ~, 60 - "'"!
"'' :" '' " % '"e
''NN'iE Wiz -Nt'u ~" "p''P ii''"I'. nHutr ;
. x.s'lgg circut sauces. en- Doc; 5r doubled.
H. prupiirs sIu.e alterations In the exis'iur
;ur.if wih q N4eH. 30, wei 10 lie Ecccs>al, aur (
F.. GRAFTON OF tnr revenue q t4e cicoura ge,neat
u indosiy, jniuh II righi To- preSeut DISTINCTLY /
the views en'oraiacd on INC itter subject. The
nope nat course may BE- adopted b, he wis-
dom and ptIflp I,iA al 4rt>s WhIf i..ay tend
;o .l rrinilzs di,co.ilai .ti.ps AMI uroia l.e lie
general pr sF-ny.