New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-01-07


our country viii justify larger e1poratlons and De,
cause OF the demand for provisions IN Europe caused
by the and limited crops; but with the expecta-
ton of less demand for cotton and diminished prces
and a-o the return Of American stocks under continued
erincency IN the money markets OF Europe, growing
out of the demand Of money for the war, and for
breadetus, and the withdrawal OF money nom cIrcu-
lation under an apprehended scarcity, and IT. effect
mon the money market in the United States. The
advance may not he razed but l. believed the estl-
mate il fair and at all events, the receipts from
customs and lands will meet the estimated expendi-
lures Ar far az they will be- called for and allow con-
siderable sum for the redemption of the public debt,
should the holders be willing to part with it.
The table exhibiting the amount Of gold, silver and
hank notes in circulation at different periods gives the
amount of gold and silver in circulation for the fiscal
wear 1855 al over $3.50 600 0O0 and the bank notes 10
circulation at sls7 600 0oo making total circulation
of s437 900 600 and showing that the bank-noe circu-
lation was reduced from that of the preceding year
about sl7 100000 but which we may consider 1t has
more than recovered. The table of coinage for the
same wear exhibits gold and silver bullion received at
the Mint and branches to the amount OF s7OOl7 OO' %
and the table of exports exhibits the exports of gold
and bullion 10 the amount of $50 247 ,2i3 showing an
excess of receipts the exports OF sl3 769 66i 90
The table Of exports for the same fiscal year. IN addl-
tion to the export of gold, exhibits $50 OF man-
ufactures exported and s26 l5s,36s of foreign goods
exported exclusive of specie and s162 1913 9s of all
other articles; making the whole exports s275 si6,
against s261 46s, $50 imported, showing the of
exports sl3, 6ss 1926 over the imports. There l. no
and no return estimate for the frcghts of our vessels
that have contributed to our imports.
The table of tunnage for the same wear exhibits
tunpsce at PIP OO l0-9jth tuns, that
of the preceding wear of 10000 tuns but is proper
TO remark that the tunnage measurement OF American
vessels under the present act OF congress, makes the
measured tunnage less than the actual tunnage while
the unrepOTed lost vessels may more than counter
balance the difference.
The table upon the currency iustie- the belief that
there is no less than two hundred and fifty millions
of cold and silver in the country, while there l. no
reason TO doubt the continued yield of the mines of
California and that the demand for our exports will
enable us to exchange as largely for the productions
of other countries in former years without parting
with our gold and silver in larger quantities than
produce II.
The demand for our agricultural products for export,
and the consequent good prices, will to some extent
stimulate our importing merchants to bring In foreign
goods, because Of our increased ability TO purchase
them abroad and consume them at home.
II is believed the check to importations and con-
sumption from short crops last year will, TO some eX-
tent continue through this year. and, with other causes
prevent extnvagant importation on American account,
because the war demand and short crops IN Europe
will lessen European consumption of manufactured
goods, and the makers will seek the American market
for their surplus consequently large supply OF foreign
goods foreign account may be expected IN the mar
ket-interferng with the profits of the American
importer. Moreover, if the shall continue, con-
siderable sringency in the money market of Europe
may be pprehended-derangng more or less the
money market in the United States, according to the
intensity there. This apprehended money crisis III
Europe will operate to repress importatlOns of Eu
ropean goods on American account, and new enter
prises at home while the continued tide of emigration
TO the States and new Territories of the West will
induce large investments in the public domain, thereby
absorbing the land warrants and creating consider
able demand for mOney The aspect presents pres
porous year for the United States and s revenue, yet
calls for prudence and caution in It's expenditures.
The Independent Treasury act still continues emf
neny successful III all its operations. The transfers
for disbursement during the fiscal year. to the amount
of $50 4O7 GA %, have been made at cost of sl9
1862 35 while the premium OF the sale OF Treasury
drafts has amounted TO s30,43l g.. The receipts and
expenditures during the fiscal year. amounting to
sl3l Alb $50 90 have all been in the constitutional
currency of gold and silver, without any perceptible
ELECTS upon the currency on the healthy business
operations Of the country. The vaults OF the office OF
the Treasury of the United States at Washington
constructed with the appropriation made by the last
Congress may now be said to be both tire and thief
pioC1 and safe depository Of the public money, and
that intrustcd to the dSbusing agents of the Govern
mont who are so situated a. to avail themselves OF the
adv antage of making then deposits WIN tue treas,
urcr: and the Office of the Assistant Treasures, and
other public depO'itoiie are rs represented IL the re-
pOIt NO. so of VIM. NJ. GOugc, VINO visited them
during the past year. under the authority OF the de-
portmcnt and although some Of them have not
al the Guards against fire and thieves which such
repositories should have, yet there has been
no loss, AID with care and diligence there
possibility of loss in those depO>itories the depart
ncnt has estimated for fire and thief poof vaults and
guards at those places where they do not exist aud IN
the ccustom HOUSES being constructed. 1t hoped
Congress viii the prupIiety of making the neces
sarv appropriations and have the repositories of the
of the public money of the United States
such vaults and repositories should be- Public con-
vcnencc will, from time to time require that the num-
Der of public repositories should be increased and 20
located to give the advantage thereof all sections
Of the country and Congress, when Necessary should
make provision for all proper safeguards for the public
money. The table No 81 which accompanies this
report, exhibits the deposit account of the various
officers and discussing agents who have awaited them
selves of the right of making deposits of the money
mtruSted to them for disbursement with the Treasurer,
Assistant Treasurer, and public repositories of the
United States, during the past year. The money thus
deposited is, for all practical purposes, IN the Treasury
of the United States for the resignation death or
removal of any of these officers agents the amount
II no longer subject TO his draft or that of represent
alive but by warrant is placed again III the Treasury,
and is applicable for the purpose for which il was
appropriated.
The report, of the First, Second Third, Fourth
Fifth and Sixth Auditors of the Treasury the Flint and
Second Controllers, the Commissioner OF Customs who
acts az Controller of the collected from Gus
toms, the Treasurer, Solicitor and Register of the
Treasury, accompanying TIL. report, and marked from
e to A. inclusive, give satisfactory statement of the
ondon and operation OF their respective offices since
the date of my last report. Ia my r,t report il wa,
stated that the 1t of April le53, there was sl32-
;2l l5i 20 outstanding balance on the books of tue
Treasury and that up to the date of that report the
amount had been reduced to SlO2O2l $40 50; aud nv
second report stated the up 10 it, date had been
reduced to S27 li3 O.. Since last named report
this balance la, been still further reduced to the sum Of
s24.739 1873 Al. which includes all outstanding on the
books of the treasury from the Oganl OF the Gov
eminent to the present time. OF this So 70J 80
under Judgment and 60 9lO3O6 20 in suit not reduced
tn ffinr lefaxf fHt :