Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1852-01-10
$62,56o,8 90

1868 . $4,000 90
$62, 800 1916 %
Statement D. slowing Treasury notes,
is transmitted obedience to the requirements OF the
twenty ectca of the act of26th January 1917
g The amou Mt of money expended at each custom
house in the ned States during the fiscal year ending
the 30th June last the number of persons employed and
the occupato and salary of each person each of said
custom-hous during the period aforesaid is transmit
ted Staten ent accordance with the sixth section of
the act of March, 1S49.
Hays and Means.
The pts from customs for the last fiscal year. be-
lore state were upwards Of ortynne millions OF dollars
Should mportations of foreign merchandise for the
current md next fiscal years equal those of the past year.
the reye from that for the three years ending
Goth Jrme, 1858, will have been about $3.50 100000.
Aside om demands upon the Treasury for Ter
rtories this would have been sufficient to have met
the binary expenses of the Government and to have
liquids tied the entire public debt Notwithstanding those
ordinary demands there has been effected since the
first of December last redemption of the registered debt
TO the extent of 81 667 H. During the next fiscal
year the loan of Sd March, 1913 due st july 1853 must
be provided for and it is expected may be paid in cash
out of the receipts from the usual of
The amounts of the land fund be nvesedn accordance
with law viii probably amount to about S9250Oo The
old funded and unfunded debt with the annual payments
of the debt of the District cities viii probably
further of SCI, 800 making aggregate
proposed redemption of the public debt during the next
fiscal year Of 81, 234, 1925
The premiums paid on 81 523 200 of certificates Of
Government stock purchased at market rates amounted to
1925 G55.24 ut cost of more than oneeighth of the
entire debt purchased These rates. if applied to the
whole debt il stood the Goth November last would
require for its liquidation, in addition to that amount
about the of So 074, 31S57 The probability is that
increased rates viii follow known demand by the Gov
eminent.
1t may well be questioned whether sound policy does
demand that some discretion shall be given the De-
partment purchase, out of any available surplus
nue. sound State stocks, when it be done
par value, to be held sinking fund towards the
demption of the public debt it becomes DUE and thus
Save to the Government the large premium which other
wise viii be required in the redemption by purchase
market prices of the stock of the United States In the
opinion Of this Department such is desirable,
and il is submitted for such action thereon may be
thought expedient.
The language of the act of 2Sth September 1850
tending the grants of lands has prevented the
issued by virtue thereof from passing into the hands of
the actual settlers by assignment and consequently the
receipts from that have not been seriously affected
by that act The receipts from sales of the public lands
for the quarter ending 30th September last indicate
from that for the year of upwards
Of two millions Of dollars. Any of receipts
the expenses connected Herewith is already appropriated
and therefore those receipts, whether less
not affect the balance in the Treasury subject appro
pration at the end of the fiscal year The greater less
amount of public debt redeemed will depend upon the in
crease diminuon of such receipts The from
imports consequently, is the great upon which
the country has to depend for the to carry the
Government
The unexpected addition to the boundaries Of
Try covering an area Of more than five hundred and twen
tysx thousand square miles has without doubt been
cause of the large and sudden increase of foreign i'm
portaons, and consequent increased receipts from
tom duties Our expenses consequent upon such acqus
ton have more than kept pace with the increase Of receipts
and they will remain permanent charges upon the Urea
sury Revenue to meet these required expenditures must
be provided for, and that during period when our public
debt is maturing II cannot for moment be thought
advisable to presuppose renewal Of any portion of such
debt and therefore should be aim obtain
sufficient to meet these maturing liabilities in addition to
the annual expenses Of the Government.
The receipts from all sources for the last fiscal year
amounted to So, 2979 81
The appropriations to 81, 42S Ala 40
Being an of receipts Of sS4565 Al
The estimated aggregate receipts for the current fiscal
year placed SOL 500, 600 The expenditures as
estimated and appropriated amount to $50 902 So
being of estimated receipts estimated
pendtures Of S547, 097 Al.
The receipts for the fiscal year estimated Mt
Sol 800 600 the expenditures at S42 S92 800 H. being
an excess Of receipts expenditures Of IS 700 81
Making aggregate estimated excess Of receipts
pendtures for the three years ending Both june 1853 Of
SlO,339 $685. subject however reduction to the
extent Of any appropriations which may be made for this
Or the next fiscal years additional the estimates sub
mitted
Should Congress appropriate to meet the ordinary wants
OF the Government and the expenditures required
by our new Territories, submitted by this Department,
the balance at the close Of the fiscal year ending 30th
June 1893, viii be more than sufficient 10 meet the
amount required the first July following for the re-
dempton Of the public debt due ON that day
The question presents itself, in view Of the absolute
necessity Tor continuance Of the present receipts from
customs whether in all the branches Of the Industry OF
our country there i that healthy and vigorous action
which is the basis Of substantial lasting prosperity
without tbs we can with no certainty presume upon any
fixed amount Of continuous receipts.
The gross exports table 81 for the last fiscal wear
amounted to S2I7 100: Of which there was of specie
S2923J $780, and Of foreign merchandise re-exportcd
80 $780, leaving the exports Of domestic produc-
tions, the Of SIPS, 546555. This presents large
increase upon like exports of any previous year and ex
cec that Of the last fiscal year in the Of 900
regret that this increase Is merely of accidental ma
turc, and likely to be confined to the year just past
l'y reference 10 table II, IL will be that for the
year ending the 3Otb June 1880 there exported
6338sl G0i pounds Of cotton, average value Of
10 cents per pound, giving aggregate value Of
SI,9SlGl6, while lG26 G02, go pounds exported the
year previous valued ut but 10000, 961 For the
year ending goth June last there were exported
2I23I 0So pounds, valued AZ Sl12315,3I7 averaging
II 11OO cents per pound thus exhibiting apparent
in the value Of this staple alone that Of the
/ previous year Of $40, $50 701
The very deficient crop Of 1880 caused an enhance