The Camden weekly journal. [volume] (Camden, South-Carolina) 1853-1861, 1853-02-01
Weaeral llews.
Treasury Report.

the Treasury, presented to Congress on Thurs
day, that the aggregate receipts for the fiscal
year ending June 80, 1852, were 5+9, ,72S,3s6 So,
to which is to be added Il balance of 510,9l1,-
645 ee,- in hand July 1, 1851. The expendi-
lures during the year amounted to s46,0o7,S96
90; leaving balance at the commencement of
the current year of $l4,632,l36 81.
The receipts of the current fiscal year are esti
mated at $5l 100000, which, added to the ex-
isting balance, will form total of S65,932, 1876
81. The expenditures are computed, at $780,
5Go,o56 SO, including s7,l99,477 n, which is
to be applied to the redemption Of the public
debt. If these calculations be realized, then the
year will leave an unappropuated balance Of
s5,s72,o79 81. .
TIE total means of the following fiscal year
commencing July l, 1858, are estimated at$56,-
572o70 81. including balance; and the expend-
itures at $46,2O3,753e 60.
The expenditures of the last year embraced
the last instalment due to Mexico under the
treaty of Guadalupe T'algo, and the payment
of upwards of 100000 for interest, besides
nearly 100000 for the redemption Of the prin-
cipal of various loans Deducting these and
other items of extraordinary expenditure of the
period, reduces what may be termed the regular
working expenditure to s3o, ,434,692 69.
The accuracy of the estimates made for the
current fiscal year have approximated closely to
actual results. Thus, the receipts, which were
calculated at So, 100000 for the whole period,
have amounted to $22,220,299 20 in the first
FIVE months; and the estimated and actual ex-
penditures bear like proportion. The latter,
however, have been increasedefo the extent of
about s1o,o0o,ooo by appropriations Of Con-
gress not included in the estimates presented BY
the Treasury Department.
I The aggregate registered debt. of the country
has been reduced by the payment of 80, ,432,7o3
l3 on various accounts, AM on the lst January
instant, stood at s65,131, ,692 l3, exclusive of
s5,O00,O0O still deliverable to Texas under the
act of September 8, 1850 The report recon-
mends that the Department be empowered to
purchase any portion of the outstanding stocks
at the current market value, to the extent Of
any surplus means on hand; providing, however,
that the available Treasury balance shall not be
reduced below s5,000,o00.
The foreign merchandise imported in the year
amounted to s2O7, ,l09,73s; of which sl2 2,o37,-
O43, in value, was re-exported. The domestic
merchandise exported in the same period as
s154,o30,47. The specie exported during the
same period was not less than 1851, 1885,.
showing an increase Of S13, ,2o1, ,3s3.
The gold coinage at the mint for the year end.
ing 3lst December last, was S51 ,505,63S SO.
In reference to the intended mint at California,
it is remarked that the sum oesso0,ooo, to which
Congress has restricted the expenditure is insuf-
fcent; and that before any further steps can be
taken, Congress must authorize the purchase of
site, and provide the means of efectingit. The
inconvenience accruing to the merchants OF San
Francisco from the operation of the act Of last
session. prohibiting the receipt for public dues of
the issues Of the local assay Office, is submitted
to the consideration of Congress. The pressing
and general want of silver coinage is another
matter to which attention is directed, and the
bill which passed the Senate last session, making
new issue of reduced weight is spoken of as
the only available remedy within the knowledge
of the Department.
The bullion fund during the year has amount
ed nearly to 81, 900 900, which has been applied
to the redemption of mint certificates. The cost
of maintaining the fund is from S350,0o0 to
100000 annually, and Mr.. Corwin proposes to
dispense with it by making mint certificates re-
ceivable in payment of all dues to the Govern
ment, making them redeemable at the mint
within, say twenty days after the bullion deposi-
ted shall have been assayed.
The progress Of the Coast Survey has been
satisfactory. With the exception Of a single
short link, an unbroken triangulation now ex-
tends from the Kenncbec, In Maine, to Beaufort,
North Carolina; and a corresponding advance
has taken place in reference to the topography
and hydrogaphy Of the service. An effective
preliminary reconnaissance has also been car
ried out on the western coast, where observa-
tons have been made for latitude and longitude,
and the magnetic attraction.
A thoroughly competent Lighthouse Board
has been organized under the act of August
last.
Six revenue cutters are in course Of construc-
ton, under contract.
Steps have been taken to provide for the con-
struction of cllstom-houScs in a large number Of
places designated, and at other places buildings
in progress have been advanced with all possible
rapidity. That at Savannah has been completed.
In some instances the amount appropriated by
Congress has been found insufficient to do more
than purchase sites; and in others the same cause
has prevented the erection of tire-proof buildings.
The latter circumstance is especially to beregret-
ted, as in many cases the accommodations TO be
provided with the appropriations include CUSTOM
house, rost-ofice, United States courts, and other
public offices where papers of great value must
necessarily be deposited. g
The hospital fund, for the relief ofesick and
disabled seamen, is inadequate to the demands
consequent upon the expansion of our commerce,
and direct appropriations by Congress arcrecom-
mended to meet the necessities OF the case.5 The
erection of more marine hospitals is not advised
at present the belief being that the objectscon-