Butte record., 1855-01-06

of
the Secretary of the Treasury; from which
1t will appear. that the amount of revenue du'
ring the last fiscal year from all sources. was
seventy three million FIVE hundred and fortv-
nine thousand seven hundred and five dollars.
and that the public expenditures for tie sams
period, exclusive Of payments on account of
the public debt, amounted to ffty-one million
eighteen thousand two hundred and forty nina
dollars. During the same period, the pay
ments made IN redemption Of the public debt.
iucluling interest and premium, amounted IN
twenty-four million three hundred and tIir irtv-
six thousand three hundred and eighty d lars
To the sam total of the receipts of that yearis
TO bs added a balance remaining in the treas
ura at the commencement thereof amountinp
| to twenty-one million nine hundred and forty-
| two thousand eight hundred and nnety-two
| dollars, and at the close of the same year. a
corresI onding balance amounting to twenty
million one hundred and thirty thousand
nine hundred and siXty-seven dollars of re-
ceipts above expenditures, also remaining in
| the treasury. Although, in the opinion of tho
Secretary Of the Treasury, the receipts of the
current fiscal year are not likely to equal in
amount those of the last, yet they will un-
doubtedly exceed the amount of expenditure
| by al least fifteen million of dollars | shall.
therefore, continue to direct that the surplus
revenue be applied, so far as it can be Judi
ciously and economically done, to the reduction
of the public dedt. the amount Of which, at the
commencement ST the last fiscal year, was
! sixty-seven million three hundred and forty
thousand six hundred and twenty eight dol
! ars-of which there had been Paid on the
| both day OF November. 1854, the sum Of TWEEN
! ty-two million three hundred AMI sixty FIVE
| thousand one hundred and seventy-two dol
! lars-eaying q balance Of on standing public
debt Of only forty-four million nine hundred
AMI seventy five thousand four hundred and
/ iifty-six dollars, redeemable mt different peri
DDS within fourteen years. There are also
remnants Of other government stocks, most Of
/ which are already due, and on which the in
/ terest has ceased, but which have not vet
/ bccn presented for payment, amounting to two
( h undred and thirty three thousand one hun
drel and seven nine dollars. This state
ment exhibits the fact, that the annual income
/ of the government greatly exceeds the amount
of Its public debt, which latter remains unpaid
only because the time Of payment has not vet
ma;ured and it cannot be discharged at once.
except at the option Of public creditors, who
prefer to retain the securetieS of the United
States; and the other fact. not less striking,
that the annual revenue from all sources ex-
ceeds. by many millions Of dollars, the amount
needed for prudent and economical alninis-
tration Of the government.
The estimates presented to Congress from
the differ ent executive departments, at the
/ last session, amounted to thirty eight millior
1 four hundred and six thousand five hundred
anl eighty dollars; and the appropria-
/ tons made to tie sum Of fifty eight million
ore hundred AMI sixteen thousand nine hun
/ dred AMI fitTy eight dollars OF this excess of
/ IF appropriations over estimates, however,
more than twenty millions was applicable to
extraordinary objects, having no reference to
! tho ucull ANIMAL pvVpufli+urps Anon, tloe,
! objects was embraced ten millions to meet tho
/ third article Of the treaty between the United
States and Mexico so that, in fact for objects
OF ordinary expenditure, the appropriations
were limited to considerably less than forty
| millions of dollars | therefore renew nv
! recommendation for reduction Of the duties
On imports. Tie report of the Secretary of
the Treasury presents a series of tables show
ing the operation Of the revenue system for
several successive years, and as the general
principal of reduction Of duties with a view to
revenue and not protection may be regarded
rs the settled policy Of the country. | trust
that little difficulty viii be encountered in set
ting the details Of measure to that effect
In connection with this subject. recommend
a change in the laws, which recent experience
has shown to be essential to the protection of
the government. There is no express provs-
ion Of law requiring the records and papers of
n public character Of the several officers Of
the government. to be left in their Offices for
the use of their successors, nor any provision
declaring it felony their part to make false en-
tries in the books, or retuln false accounts
in the absence Of such express provision by
law. the outgoing officers, in many instances
have claimed and exeIcs scd the right to take
into their eyE possession, important books
and papers, on the ground that these were
their private property; and have placed them
bey0ad the reach Of the government. Conduct
Of this character, brought in several instances
TO the notice Of the present Secretary of the
Treasury, naturally awakened his suspicious
and resulted in the disclosure that at four
ports, namely, OsBego. Tolelo, Sandusky, and
Milwaukee. the Treasury had, by false entries,
been deirauded; within the four years next
preceding March, 1888, of the sum of one hun
dred and ninety eight thousand dollars I he
grent difficulty with which TIE detection of
these frauds has been attended, in consequence
Of the abstraction Of books and papers by the
retiring officers and the facility with which
similar frauds in the public service may be
pcrpertrated, render the necessity of new le-
gal enactmeDts, in the respects above deferred
te, quite obvious. For other material modif-
cations Of the revenue laws which seem to he
desirable, [ refer you to the report of the Sec
retary of the Treasury. That report and the
tables which accompany it, furnish ample
proofs of the solid foundation on which the f.
nancal security Of the rests, and of the salu-
tary influence of the independent treasury sys-
TEN upon commerce and all monetary opera
tions.
The experience Of the last year furnishes
additional reasons, | regret to say, Of painful
character, for the recommendation heretofore
made, to provide for increasing the military
force employed in the territory inhabited by
the Indians. The settlers on the frontier have
suffered maeA from the incursions of predatory
bands anfeBrge parties of cmgrants to our
Pacific possessions have been massacred with
impunity. The recurrence Of such scenes can
only be prevented by teaching these wild
tribes the power Of, and their responsibility
to, the United States. From the garrisons Of
our frontier posts, it is only possible to detacL
troops in small bodies; aud though these have
on all occasions displayed gallantry and
stern devotion 10 duty, which on n larger feil
would have commanded universal admiration,
they have usually suffered severely in these
conflicts FltA superior numbers, and sometimes
have been entirely sacrificed All the dispo-
sable force Of the army is already employed
on this service, and is known to be wholly in
adequate to the protection which should be af-
forIed. The public mind of the country has
been recently shocked by the savage atroci-
lies committed upon defenceless emigrants and
Z. Col fIar.. L