New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-09

tbs report.
The expenditures Of he frat quarter, ending Sep
fember 80. 1857, Of the current fiscal year, were
| $23 IA, 52S 81; being ior-
| Civil foreign iu;ercourse and miscellaneous ser -
s.ryice in charge Of Inferior Dep1;msat..... s2tgs
Service in charge Of War Department SO
Purchase Of the public debt principal Prenun' m -, E,
and Ls'L 'o- %
......................s37l4s2 81
See Ststement No -
| The estmsted expenditure. during the three
naming q1sI;eI. Of the current fiscal yeHso 9, o.,uu
June 1885, u
sH9s3IO5s Al
Le,yins an estimated balance in the Treasury
July r. 1853 which will, Of course, be affected
| by sLy reduction OF increase Of expenditure not
oCntemplaed, 1910 OF
Estimates Tor the fiscal year from July 1885, to June
80, 1859.
e.ns,ed bssnce in Treasury Jsly 1858 s4es5 ST
Estimate Of receipt: from customs Tor the year CO so oo m
$1,000 ,se.io,. from the .ses OF public lar d.
Etins.ed fIom Gus sources. 90
to June SO 1859 as 7598S5 81
| TIE expenditures are estimated ss follows:
Bss,es Of sI bisS @s no, ss .eyaSs
to the service Of the year ending June So s5o IS
Amount Of indefinite and permanent apPropns -. =,
ys,im,5 ann proposed TO be made for
the service for the fiscal year from July 1885,
m.ts. , Observation-Disclosures. 51sl2si3 10
S.es year to Jnt S. is5s 74sL755
Leaving an estimated balance in the Treaury on
July J. le59, iooNA' "
is difficult ST all times TO estimate in advance the
probable receipts into the Treasury for the next one
ard two years. Our revenue being derived principal
ly from duties imported merchandise entered az the
Custom Houses for consumption the amount ls neces-
saIily dependent not only upon all those causes when
affect trade ard commerce bu. such as control the
ircnations ard ability of the people in the purchase
of such merchandise for consumption.
| Ordinarily an approximation can bs msde to the
probable resut, provided unlocked for cause shall
intervene to disturb The usual course Of trade ana con-
sumption.
The events of the present fiscal year furnish
striking illustration Of the uncertainty Of all such
tin stes the operation Of Unforeseen causes which
exert controlling influence over the revenue from
cuStous.
When The estimates for the present fiscal year
made TO the sst Congress by my predecessor It was
in possible to foresee either the material change in the
rates Of cuty, which among its last acts or the
presen, revu-on in trade and commerce, both which
rave deeply affected the revenue and satisfactorily
account for the difference bet "een his estimates ana
those row submitted. With these two disturbing
causes in vew il is very difficult to form sats-
factory estimates of the probable receiots from Gus
toms. The tariff act Of March 1857 hiss not been
in operation long enough to test its effects upon hs
even under 0rdinsry circumstances. Simul-
tsneous with this act going into operation the country
il subjected TO disastrous Ievulson. To wnst extent
iuportations would have been affected by 1t, had
there been no revulson 10 trade ard commerce. Is
AZ much matter of conjecture as il was before the
passage Of the act Experience has thrown no light
on The subject The PIoosoaty Is thai !. would, 70
not TO the extent OF supplying the deficiency cfeaea
by The eductcn Of the ouues.
In submitting to Congress, under these circumstan
ces eetm of the receipts for the present aud the
next fl col year, 1t is deemed proper to company
item with statement of facts and principles upon
which they have been made, in order that Congress
may pass it's Own Judgment upon the credit " which
The exports ar imports Of the United States have
| always borne a relative proportion, the respective
smounts not often differing materially from each other
| Both have steadily increased, with OCCASIONAL e1ceP
tore with the growth and progress OF the country 10
seeking therefore, to ascertain the probable Imports
tons into the country the amount OF our probable ex
ports constitutes an important element In the caculs
lion. The exports fer the year ending Juue 81 1881
amounted TO 1862 949 IA, and the imports Tor tho
same period were 1850 $50 l4l. The amount Of our
exports depends not onycn the qusUy, but the value
of the articles exported. The quantity OF rome and
the value Of others may be considerably diminished ana
yet the deficiency thus created may be supplied by
either the increased quantity or value OF other Muces
1t probable that this very state Of things may oc.
cur curing the present scsl year. The indie atoms az
preeeBt se that the exports Of breadstuts and pro-
visions viii decrease both in quantity ard value; but
the increased value Of cotton, at lie probable prices
which constitutes much the largest item Of our e1-
ports, would make up such deficiency. From the beet
info, alton which be obtained, the opinion Is en-
tesined that the exports for the present hscs year
will not fall below those Of last year more than III per
centun. :,
Looking to the npos ions for the last ten years. it
NAV be safely stated that the ratio of annual increase
has not less than 10 psr eentum though, within
that period there two years 10 which there was
falling eff. This attributable, doubtless, to
| Temporary causes which do not affect the general
proposition.
The foreign merchandise subject to duty imported
during the fist quarter, eDdiIg 30sn September ss
of the present fiscal year by the statement marked
| 3. amounted TO $sS 1855; and the customs
received during that quarter were as stated In The es'
Inmates SlS513729 81. The tariff OF the Sd OF arch
last having gone into operation on the hrst day II tns
ousrter the circumstance under which considerable
pcrtion Of that amount realized were so excep-
tons 10 fern TO satisfactory GUIDE tor the remsin
rg three quarters of The present nsca year; ana
bee, mes an important consideration, IN view OF the
probable means in tie Treasury to meet existing ap
propljstiops TO Approximate the amount OF merchan
dle subject 10 duty which Will be entered TOR con-
sumption during u at period.
In making the estimates herewith submitted, the
amount Of merchar iiss subject 10 duty imported
DUNG the corresponding three quarters Of the lat rs
cal wear were taken being $2l0 600 COO ia which ten
there Teen disturbing eausesgTing Tor the amount
# nerchsrdise payisg duty under ne then existing
tariff of 1876, In sggregs;e Of Sd, tOOOe0.
The INQUIRY presents itsef, To what extent Will
this sporo1imaisd amount Of merchandise paying duty
be diminished by the revusion Ncich ha. como upon
the oeuruy
Arsuswer 10 this in quiry constitutes de most ssrous
difficulty in The wsy OF making estimate 81 ID, re-
Ceip,s into the Treasury from the customs. Looking,
Il our country tie uneIsmpleS prosperity In many
branches Of industry ia cspseisy 10 recover from fem
polsry pressure 10 s trade ard buslBesr, TIE opinion
eI pesssd With some confidence, that the reducuon
from tbs cause ill Dot exceed IS per eensdm. Tbs
-ouid bring the amount Of rercancise paying duties