The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1856-01-11

rights the principles contained in the conven
tion between the United States and Rnssi
OF the Dad of July, 1855. These treatie
and conventions win be laid before the Sen
ate for ratification.
The statements made, in nv last annua
message, respecting the anticipated receipts
and expenditures of the Treasury, have beel
substantially verified.
Itappears from the report of the Secretar,
of the Treasury, that the receipts during tn,
last financial year ending June 80, 1855, from
all sources, were sixty.fve million three thou
sand nine hundred and thirty dollars; anc
that the public expenditure for the same pc
riod, exclusive of payments on account o.
public debt, amounted to filty-six million
three hundred and sixty.fve thousand three
hundred and ninety-three dollars. During
the same period, the payments made in re-
dempiion of the public debt, including inter.
est and premium, amounted to nine million
eight hundred and forty-four thousand five
hundred and twenty-eight dollars.
The balance in the Treasury at the begin.
ming of the present year, July /, 1855, was
eighteen million nine hundred and thrty-one
thousand nine hundred and seventy-six dol.
estimated receipts for the remaining three
quarters, amount, together, to sixiy.seven
million nine hundred and eighteen thousand
sven hundred and thrty-four dollars; hus
nfiording in all, as the available resources of
the current year, the sum of eighty-six million
eight hundred and Iifty-six thousand seven
hundred and Ten dollars.
II, to the actual expenditures, Of the first
quarter OF the current fiscal year, be added
the probable expenditures of the remaining
three quarters, as estimated by the Secretary
Of the Treasury, the sum total will be seventy
one million two hundred and twenty six
thousand eight hundred and forty-six dollars,
thereby leaving an estimated balance in the
treasury on July l, 1856, of fifteen million
six hundred twenty-three thousand eight
hundred and sixty. y.three dollars and forty,One
cents.
In the above estimated expenditures Of the
present fiscal year are iacluded three million
dollars to meet the last instament of the ten
millions provided for in the late treaty with
Mexico, and seven million seven hundred and
fifty Thousand dollars appropriated on account
OF the debt due to Texas, which two sums
make anaggregate amount ten million seven
hundred and fifty thousand dollars, and reduce
the expenditures, actual or estimated, for or
dinary objects of the year, 10 the sum of sixty
million four hundred and seventy-six thousand
dollars.
The amount of the public debt, nt the
commencement of the present fiscal year,
three thousand six hundred and thirty one
dollars, and, deduction being made of subse.
quent payments, the whole public debt of the
federal government remaining ut this time is
less than forty million dollars.
The remnant Of certain other government
stocks amounting TO two hundred and forty
three thousand dollars, referred to in my last
message rs out standing, has since been paid.
am fully persuaded that it would be diff
,ult to devise n system superior to that, by
which the fiscal business of the government
s now conducted. Notwithstanding the
great number Of public agents of collection
md disbursement, it is believed that the checks
md guards proved including the requirement
,f monthly returns, rendered il scarcely pos
ibIe for any considerable fraud on the part
,fthose agents, or neglect involving hazard
'fany serious public loss, TO escape detection.
renew, however, the recommendation, here
ofore made by me, of the enactment of
NV declaring It felony on the part Of public
Ulcers to insert false entries in their books
# record or account, or TO make false re-
urns, and also requiring them on the termi-
aion Of their service 10 deliver to their sue
essors all books, records, and other objects
4 public nature in their custody. rs
Derived rs pulic revenue is, in chief part,
rom duties on imports its magnitude affords
evidence of The prosperity, not
My OF our commerce, but of the other great
lterests upon which that depends. '' ~
The principle that all moneys not required
,rthe current expenses of the government
hould remain for active employment in the |
;tnds OF the people, nnd the conspicuous fact |
nat the annual revenue from all sources ex- |
eeds, by many millions dollars, the amount |
eeded for prudent and economical admins.
'ation of public affairs, cannot fail to suggest
le prcpriety of an early revision, and reduc.
on fthe tariff of duties on imports. tits now
, generally conceded that the purpose of
.veneue alone can justify the imposition of
uies on imports, that, 10 rc-'dlusting the
npoIt tables nnd schedules, which unques-
onably require essential notifications, de.
arturo from the principles OF the present
'rif is not anticipated. -.'
The army, during the past year, has been
,tvely engaged in defending the Indian
ontier, the state of the service permitting
ut few and small garrsons in our permanent
,rtlichtions. The additional regiments au.
lorized ut the last session OF Congress have
cen recruited and organized, and n large
ortion Of the troops have already been sent
, the field. All the duties, which devolve
n tue military establishment, have been
ltsiactorily performed, and the dangers OF
nd prvations incident TO the character Of the
,rvce required of our troops have furnished
lditiona evidence of their courage, zeal, and
opacity to meet any requsition, which their
,untry may make upon them. For the details
t the military operations, the distributions of
,e troops, and additional provisions required
,r the military service, refer TO the report
the Secretary of War and the accompany.
g documents.
Experience, gathered from events which
ave transpired since my last annual message,
rs but served to confirm the opinion then
ypressed of the propriety of making provis.
N, by q retired list, for disabled officers, and
,r increased compensation 10 the officers re-
lined on the list lor active, duty. All the
.asons which existed, when these measures
ere recommended on former occasions, con.
nue. without modification, except so far as
rcumstances have given to them additional
,rce.
The recommendations, heretofore made for
partial reorganization Of the army, are also
I'he thorough elementary educa-
on given 10 those officers, who commence
,eir service with the grade Of cadet, qualities
lem, to considerable extent, TO perform the