Kenosha telegraph. [volume] (Kenosha, Wis.) 1850-1854, 1853-02-04

port OF the secretary OF the treasury
RECEIPTS.
Receipts from Customs for the fiscal year ending
June 80, 1852, S49, 72s, 1856
Balance in Treasury, July l, 1851, lO9lI ,645
Total, 500 Gao, OBI
EXPENDITURE
For fiscal year ending June 80, 1852, $40, 500
Leaving balance in the Treasury
July /, 1852, of sl4,632, l63
Of the foregoing Receipts, there were received
from Customs, s47,539, 1885, and from Lands and
Miscellaneous, 1885, 900.
Among the Expenditures are the following pay
ments on account of the Public Debt
Interest, including that on the S. 600 900 of Five
per cent. Stock, issued to Texas, S4,OOOI97
Redemption of the principal of Loans, 1881 ACC
Redemption Of outstanding Treasury
Notes, 500
Stock for fourth and fifth instalmcnt
of the Mexican indemnify 81, $50
Debt OF cities in District of Columbia, 10000
Last instalment to Mexico, under Urea.
ty of Guadalupe Hidalgo. $3.50, 600
Awarded TO American citizens under
Same Treaty, 529, $50
Deducting the above payments on debt, the ex-
penditures are thirty-five millions, nine hundred
and sixty-two thousand and ninety-ninc dollars
1885, 062, 099.) There are other reductions which
are not properly estimated, as the regular cxpcn-
diturcs amount to three millions, two hundred
and seventy-seyen thousand, six hundred and nine
ty-one dollars (S3277.69Il
The actual balance undrawn on the lst of July
neat, may be estimated at about ten millions of
dollars, $4,000 00O) after the redemption during
the year, of more than seven millions of the Pub
lie Debt.
For the fiscal year ending on the 3Oth June,
1854, the total receipts are estimated at $J 200
900. Add estimated balance in the Treasury on
the first July next, and the total means for the
pear are $50, 203, 753. This leaves an estimated
unappropriated balance in the Treasury, on the
first of July, 1854, of SlO,3 1925.
The Public Debt has been enlarged by the pay
mcnt Of SGOO0,0OO of Stock Certificates, deliver
ed to Texas under the Act Of Congress Of Sep
TENDER, 1850; and the aggregate registered Debt
now is S67 500, 1896
This has been reduced up to the lst of JANUARY
inst;
On account of Loan Of 1913, SI.7lI,40O
On account Of Loan Of lS46, 9
lS47, 550,l0O
1913, 5000
Other items, G2 1913
Total, s2,428, 762
The actual Debt is therefore SOS, I3I ,692, ex-
~ IF tbo { i
cradle to Texas
The Secretary recommends that the next Con-
grcss shall authorize the purchase of the six per
cent. Loan Of 1877, at the current market price ;
also that authority be given the Department to
purchase at its discretion at the market price, any
portion of the existing Public Debt, to the extent
of the surplus in the Treasury over and above
Five Millions of Dollars.
The decrease during the last year in the re-
cciPts from duties on Foreign Merchandise, as
compared with the preceding wear is Il SIS pa.
The decline is deemed temporary. The Secret.
~ refers to the sudden demand created for Foreign
goods by the settlement of California: anil re-
marks upon the subsequent great confagration as
having caused a temporary scarcity and largely
increased the importations so as to occasion the
large receipts from Customs during the pending
year
After some remarks upon tie pcrncious effects
of our present revenue system, Mr. Corwn re-
news his recommendation of Tariff with fixed
and rcliablc-rathcr than sliding, and consequent
" uncertain rates Of duties
The Importations of Foreign Merchandise du-
ring the last fiscal year, amounted to S207 ITO 900
The Exports of Domestic Merchandise for the
same period, were >I54, 600 The Import, of
Specie were S5503,544, and the Exports, S42,-
674,l35. The Secretary recommends that the in
convenience arising from the scarcity Of silver, be
rcmcdicd by cnacting the provisions of the Senate
bill now pending, making a new issue Of silver
coins of reduced weight. lie also recommends
that Mint certificates be made receivable for all
dues to the Government, and that the present Bul-
lion Fund be dispensed with
Some interesting facts relative to the Coast
Survey are given, and general statement Of w.
rious affairs connected with the operations Of the
Department is presented.
The subject of the Fisheries being of great i'm
portancc, and at present n prominent feature in
public discussion, the Secretary transmits with
the Report an interesting paper presented by 10
reno Sabine, embracing reports on the principal
Fisheries of the world.
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