Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1854-12-09
500. H6D.r.el Il

Leaving the sum Of sd 81 ON the 1T
of July, lS5G.
Upon this estimate Of the receipts aud expen-
diturcs Of the fiscal ycar, 1856, there will he
balance III the treasury on the lst of July, 1856,
Of S2l ,:gG 2I2 81, without cxpending anything
in the redemption of the public debt; $1,000.
900 shall be applied to the redemption of the
public debt, which may be done, there will remain
IN estimated balance in the treasury of - 3d.
2i2 90
1t appears the receipts from customs for the
second, third aud fourth quarters of the fiscal
yonr Is5l, were not diminished from the pressure
in the money market and other causes, as ex-
pectcd in my former report. They were kept
up from mporations, growing out of large cN-
ports Of provisions caused by the scarcity in
England and France and the expected demands
of the European war, aud 10y the shipments 10
this country of foreign manufacturers, who,
ing to the want of recommending market in those
countries. sought the benefit of
They wero also kept up by greater uniform
ity and better valuation of foreign goods, aud
dlminution in smuggling, caused by increased
vigilance on the pari of the revenue officers. The
foreign and internal immigration to the new states
and territories, combined with speculative invest
ments in the public lnnds, greatly increased the
receipts from that source that, instead of
reduced revenue anticipated, the receipts have
been greater than IN any previous vcnr.
- ~" "Il'"N '''''' ''''''h' VI NV I'c'll'7
Of the first quarter Of the fiscal year 1851, that
the receipts, both from customs and lands, have
been greater for the quarter thnn fair proper
ton of the estimated receipts for the year. This
has grown out OF the same causes that kept up
The receipts from customs ana lands ior the last
three quarters "i the hscaI year FOOL aided as To
lands to some extent by the effect OF the act
graduating the price, whlch operated III iaN"r "l
the receipt. inr the latter half of the quarter.
The rpGplpls Irnm 81 fnr the
three quarter, OF the year cannot be III proper
ton To those ct the fr>t quarter, owing I" the
reciprocity treaty introducing f'e trade with
'h' hfl,'9n '"'oh's' ana me snort crops III III
~ '''i'' " VI, ,".'' N''; i'aS' '',''
", ''''','' a. ~ uI IN. ~,
"' "'''i'''i wy %''''t
- P'i, ~ .,:, P"e W. -" s:','s w
,L ,., J., 49, I ~ ;, ~
"h" =" " '''''.' Wv W"
- ~ Il, '''"' 49,
a''' ''ll ~ Ni''''o - 'i,ta'' '' wv III
u',' -; ''r '',,',,'.ns '",'' l,"''',S u inc
-, ~ II WI, "" '"' ',''N"'i''""'
.''''"'' - w t"I'' 'I'a''S nn'e 'nJoyfa
'''S P'l'on VI aE''en''o'"'' f'"n'"f'9,lhe' ana
~ ""'''' ~ ''o," ''ahN anu
'.' '''o'' 'a.'i',lrS on'N'u ny I'VE nl,"'l.S'
l1a"9s"'n 81 epId nom 'hr MINES "t 'ahi"lhla'
ms u9' +" 10 'I' Slf'"'a''Te ''Ne@'a' ~
'4'o'oS' "n1s' lbs noa'es' S"iPS' STOCKS an"
Va" iP''S'H an" I" '1nah''a P'I''H '"I
rms ,a"",' PROVISIONS ana M inc hfe'+srlrs 81
- he o'"N ana orPal' iaei'l'l'9 nave o''h m
'''vN !" more 'h"e t. year WIN d" prosper "i
commune e"'eH whilst Inc large ana extended
'ad'1tP""' - al operators haN 10 he met under
rec a'nS lf''s without the stimulating eh'ct ct
IL" enterprises ms Will also act III re2'Ialht
=" ,''Pp''"'lon' ava c'hsnhPll"h'
III INC estimated receipts from customs Tor the
three remaining quarters OF the current fiscal
year, the elects OF the reciprocity treaty and
tnN '"','"' NV M" ''us'''' ="
l'f I'i,; 1, w." ,"'r ~ ''''
~ ',' '''' '''' - " W ' IA az
! b'""u"''''s '''' P''e '"'
! eentto kt,r 81 Tue REGENTS from The latter
source to what they were for the fiscal year ls5l.
! HE estimate Of receipts for the fiscal year
l716 has been nude from an expectation that the
same causes which viii operate 10 reduce the I'M
loriatl' rs and eonsnmptlons Of foreign goods FIR
ln' remaining three quarters ot the fiscal Year
| iN9'' VIII he continued through pnrt of the
| succeeding yenr. and scnsIbly affect the Impor-
| 'alion ana consumr ton of foreign goods.
The accompanying table, 3, exhibits the par
! ticulars OF the public debt the LIST of July,
lS13, and the accompanying table, l. exhibits
the particulars of the public debt the LIST of
! July, 1891, to which is appended table cxhibi-
! ting the interest pald on the public debt during
! the hsca yenr lSJl, and the principal interest
aud premium on the part redeemed within that
| year Table D exhibits the principal. interest
and premium on the public debt redeemed from
| the lst July, 1891, to the Goth November. lS54.
| From those tables it appears that the sum of
S9O09S, App q the public debt was redeemed
! between the LIST of July, 1853, and the It of
July, lS3l, and that the interest and premium
paid on the amount redeemed was So 3l5 Jlj 2:E
and the principal interest and premium ON that