The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1854-12-07
SYNOPSIS OF THE REPORT OF THE SECRE.
TARY OF THE TREASURY.

AhhI Ut lhEhSUhf.
The Secretary reports that the balance in the
Treasury on the LIST of July, 1853, was S2l 942 1872
So Actual receipts into the treasury for the first
quarter S2l 1856 37s &c. Estimated receipts for the
other three quarters, S40,3O0,00e 90; making the
total service for the year. $s3 599 27l 49, The &C.
tual expenditures for the year S72 666 sc;
which would have LEFT an estimated balance lin the
treasury on the LIST of July, 1884, of 81 66 GOA g.
The actual receipts into the treasury for the fiscal
year ending 30th of June 1854, were S73 $40 705 90
to which add the balance in the treasury July lst
1853 and we have total sum for the service of the
h'ca year ending July 80, 1854. of $685. 1872 597 rs
The actual expenditures for said year were SIS.
Sd $50 &c; leaving balance in the treasury July
l. 1854, of $50 1877 967 So The estimated resources
for the fiscal year ending June 80 1885, are sec 1885,
GOA Co. and the estimated expenditures $5l 900 277
12 leaving in the treasury July l, 1855, balance
OF SIS, 1897 so. The receipts for the first quar-.
ter of the fiscal year ending September 80, 1854,
have been S2l, 1902 IS; and the expenditures for
the same quarter SIG, l69 $50 e. The receipts for
the remaining three quarters of the year are now
estimated at $40, 5O0, 600 90. The receipts for the
first quarter the estimated receipts for the remain
ing three quarters and the balance in the treasury
",
s4 1867 so for the service of the fiscal year end.
ing June 80, 1855. The estimated expenditures for
the remaining three quar- ters of the year are S4S-
176 500 3d. and the total estimated expenditures for
the year 1855 are S64 92l 12 which would leave
balance the Ii. of July, 1855, of SIS, 1872 GAG
%.
The amount of public debt on the LIST of July
1853, was SCI, SAC, 62e 49, and on the lst of July
1854, S47, SOC 05 being reduction of $50 l60,
l2273
The estimated sum In the treasury, July /, 1856,
1859 262 GAG %, and the estimated expenditures
for the fiscal year 1856, S60 1863 1893 81 leaving the
sum Of S2l ,392 pig 90 the LIST of July, 1885, II
oo,0o0 however, shall be applied to the re.
demption of the public debt, there will remain an
estimated balance In the treasury of 50 392 PIP 90.
The secretary again calls the attention of Congress
to the propriety of reducing the revenue from
toms, 90 that NO more money shall be received into
the treasury than Is required for an economical
administration of the government. He also renews
the recommendation for repeal of the fishing
bounties, and the subject of drawback duties
fined sugar the same principle would require like
drawbacks ON all exported articles on which there
IL duty on the raw material used In their manu-.
fscture.
Under the act Of 1853, there has been GIG, l52, :
1o OF silver coined ut the mint In Philadelphia and
branch mint Ia New Orleans, and circuIeted In va
rious places. This has tended 10 keep sound cur
rency for change 10 circulation, and afforded great
convenience TO the public; but the secretary ssys
the circulation oflarge amounts Of small bank notes
has contracted the benefits Of the silver change 10
many places or driven 4 away or tied Il mn n he