New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-01-07

Idsn 81 apr IS 1872 Dec 81 1864 paya' zoo coo q,
be Ms1ss 1sas due JOY l. i85s... s2s7 s3 IS
Loan Of Juiy a. 1886 due Nov 49, lS55 issyits ~
Loan OF Jan 49, 1871 due Jan 1903 20 aSo az
Lar Of March g. 1913, due Juy !, lSeS W
-, .S62 560. 593 rs
statement ID showing the redemption oil Treas
ury notes stfansmitted 10 obedience TO the require
snens OF the tweny second section OF the act of2oh
"Tbe amount Of money expended at each Gus.
tom. Horse in the United States during the hscai
wear ending the 30;h June last the NUMBER OF per
sons employed, and the occupation and salary OF
each ne ron al ach OF SAID during the
period aforesaid" is transmitted Statement E'l IN
accordance with the ax,h section Of the act OF 81
March, 1912
WAYS AND MEANS.
The receIp,s from Customs for the last fiscal year,
as before stated were upward OF Si9OOOOJO Snonto
our imporia,oRs OF foreign merchandise ior the
current and next hsc 81 years equal those OF the past
wear the revenue from thst source for the three
wears ending June 80. 1853, viii have been ABOUT
$3.50, COO 600. ASIDE from demands upon the iIeds-
ury for our new Territones, TINS sum woulo nave
heen sufficient TO have met the ordinary ex.
penses OF the Government, and 10 nave liqulua'eu
the entire public debt notwithstanding tnese
extraordinary demands the re has been enected since
the first of December last, re iempt0n OF the
registered debt to the extent OF 81 ,66l o4S H.
During the next fiscal year the loan OF so Maicn,
1913 due ist July, 1883, must be PROVIDED ior aug II
expected may he paid IN cash out OF the reccipts
from the usual sources OF revenue. Inc amounts OF
the land fund to be invested In accordance win law
will probably amount to about $929,OVV Inc oio
funded and unfunded debt, with the annual pay
lments on account OF the District cities, will prOba-
lbly amount to a further sum of SOL 500, making an
ar regate proposed redemption OF the public debt
d., ing the next fiscal year OF :! -, W 3d.
he premiums paid on $2,523,2OO oil cert1i-
5 of Government stock purchased at market
s. amounted to 1926 655 "a, or at a cost OF more
..one-eisht nth Of the entire debt purchased THESE
s. If applied TO the whole debt as |. stood on the
November last would require for its hquida.
IN addition to that amount about the sum OF
T4,3ls 81 The PROBABILITY Is that increased rates
follow known demand by the government:
Ii may well be questioned whether sound
ICY does not demand that, some discretion Shall
gwen TO the Department. 10 parchase out oil any
yailable surplus revenue sound State stocks, when
il can be done at near par value, to be held as
sinking fund toward the redemption OF the public
ebt, as becomes due, and thus save TO the Gov.
Dmen, the large premium which otherwise WIN
Oe required IN the redemption 0y purchase al market
prices Of the stock Of The United states IN
the opinion OF this Department such course
is desirable, aud 1t Is submitted for SUCH ac-
ron thereon may be thought expedient
he language ofthe act Of 2s,h September, $780, ex
ndIng the grants OF lands, has prevented the war
rants issued by virtue thereof from passing into the
hands OF the actual settlers by assignment, aud con
sequently the receipts from that source have not
been seriously affected by that act. The receipts
from sales of the public lands for the quarter ending
30th September last indicate revenue from that
source for the current year OF upward OF $2,OO0-
GEO. Any excess of receipts over the expenses
connected herewith IS aiTeady appropriated, and
therefore. ,hose receipts, whether more or less.
cannot affect the balance IN the Treasury, sub
iect 10 appropriation at the end Of the ifs
al year. The greater or less amount of pub
ic debt redeemed will depend upon the increase
or dimInution OF such receipts The revenue
nom imports consequently y the great source
upon which the county has " deaend for the means
70 carry on the Government The unexpected adj
dillon to ;he boundaries OF our country, covering an
area OF more than 26,OOO square miles, has without
doubt been one cause OF tse large and sudden in
crease OF our foreign impOrtatlons and consequent
increased receipts from custom duties. Our ex
penses consequent upon such acquisition have more
than kept pace with the Decrease of receipts, and
they will remain permanent charges upon the Treas
my. Revenue 10 meet these required expenditures
must be provided for, aud that during period when
our pubic debt Is maturing IL cannot for one mo
ment be thought advisable 70 presuppose renewal
OF any portion OF such debt, and therefore should be
our ain TO obtain revenue sufficient TO meet these ma.
turing liabilities, IN addition % the annual expenses
Of the Government.
The pts from all sources for the last fiscal year
amounted ACKNOWLEDGEMENTS S32,3l2,g19 81
The appropriation to--------------- 81 42S4l4 40
Beng AL excess OF receipts OF. 1854 sos Al
Toe eenmated aggreg tie receipts for the current
fiscal ear are paced IT S5l 100000. The expendi-
lures as estimated and Appropriated amount to $50
9S2 Beng an excess Of estimated receipts over
estimated expenditures, of SAs,097 Al.
Tie receipts for the next fiscal year are estima-
ted at 81 Sto00 The expenditures at $42 92 293 49,
beng on excess of receipts over expenditures Of
Ss9O',7oO 81. Making an aggregate estimated excess
OF receipts over expenditures for the three years,
ending soh June, 1853, Of SlO339, 1868 90, subject,
however TO reduction 10 the extent OF any appro-
pTianons which may be made for this or the next
ascM years, additional to the estimates submitted.
Should Congress appropriate to meet the ordinary
Eants OF the Government and To cover the expendi-
ares required by our now Territories as submistnd
y this Department. the balance al the close OF the
seal year ending Goth June, 1853, will be more than
efficient TO meet the amount required on the first OF
ay following Tor me redenptlon OF the public debt
1Ge on that dag.
The question presents itself, in view OF tn abso-
Ute necessity for continuance OF the present re-
Neipis tom customs, whether IN ali the branches of
the industry o! our country there Is that healthy and
vigorous action which Is the basis Of substantial and
lasting prosperity without this we can with no GER
ssmiy presume upon any bxed amount of continuous
receipts
The gross exports table e. for the las. fiscal rear
amounted 10 $2l7,5l7,lS0 OF which there was OF
specie s,23l $50 aud of foreign merchandise re-
eiponed ss'ss 699 leaving as the exports OF do
mesac productions the SUN of $l7S5i6, SIS This
seo's large increase upon like exports Of any
previous year. and exceeds that OF the last fiscal
Y IN the sum OF $iS, 646,S 2s. | regret that this
ease lsmerely OF an accidental nature, and likely
ecohhned to the year just passed.
yfetfehce 20 table ii, u VII DC that for the
ear ending SQth June. ls5Q there were exported
se,sSi oo4 pounds of Gotten at an average value OF
- cents pet pound, giving an aggregate value of
ShSiolo, while ,c26 60c, 2t9 pounds exported the
eIpie,ious was valued at bu, 500 396 967. For the
SM ending SOth June last there were exported
( UIfN,cs9 pounds, valued az Sll23l53l7 averaging
.st excess In the value of this staple alone over
ma. OF The previous year Of $fo,33o,-0i.
inevefy deficient crop OF 50. caused an enhance
ment IN the value OF Cotton OF nearly double that
VI we previous year, and still further advance up.
the average price Of the last year. thus giving the
A.tss IN Inc aggregate value OF the exports be-
N'e stated. II must be borne m mad, howeyer.
Il tnese values as reported are not always the
NJ fesiiIed on sales abroad, they are the declared
Sh 3, a as exporters from our country, agains,
81 % ~. ,eveved on actual sales, and il is notori
~ wa. .no immense losses on the shipments of
~vn ou,ans INC las; year, have reduced the
SSoon' Sctuaiy realized BY ihS sales in E,irone
4 sey iaI below the onciaf value IN the Cns,om
toase returns The crop OF the presen, rssr has
ceeced that OF the last and will iro y ne san,ares
PROBABLY restore the aggregate value to near the
average o! previous years. " "'" VIC
The expsts OF bresdsiufs snd Provisions - ,s,-
rsNS7Oi, gel IN lsie, $5s,lsS,5o7, and IN SKI
>.is eo9. which latter exceeds the exports af iSSo
Nnen the Cora laws OF EasssId were in ull fo,.e'
ealytasslils ~" '''ce'
he expOrts of Rice for lie las, fs,,N -.