Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1857-12-10


or by both, upon such teruIs and conditions as
they may deem most beneficial to the country.
Provision might thus be made not only for the
safe, rapid and economical transportation of
troops and munitions of war but also of the
public mails. The commercial interests of the
whole country, both east and west, would be
greatly promoted by such road; and above all
it would be powerful additional bond of Union.
And although advantages of this kind whether
postal, commercial or political, cannot confer
constitutional power, yet they may furnish
a TX lay afgnm .ntS in favor of cxpediting
a work which, i'll my Judgment, is clearly en-
braced within the war-makins power.
For these reasons commend to the friendly
consideration of Congress the subject of the Paci
&c railroad. without finally committing myself to
any particular route.
The report of the Secretary of the Treasury will
furnish detailed statement of the condition of the
public finances and of the respective brancees of
the public service devolved upon that department
of the government. by this report it appears that
the amount of reuenue received from all sources
into the Treasury, during the fiscal year ending
30th of June, 1857. was S68,63l ,0l3 81, which
amount, with the balance of Sl9,90l, 325 45, re-
manning in the treasury at the commencement of
the year. made an aggregate for the service of the
year, of SS9, 532, 830 u.
The public expenditures for the fiscal year end
ing Both June 1857 were S70,822, T24 So of which
is .943, 1896 9D were applied to the redemption
of the public debt, including interest and pre-
MUM, leaving in the treasury ut the commence
ment of the present fiscal year on the lst of July
1857 seventeen million seven hundred and ten
thousand one hvndred and fourteen dollars and
twenty seren cents, (l7,710,ll4 40 i
The receipts into the treasury for the first
quarter Of the sresent fiscal year, commencing
LIST July, 1857, were twenty million nine hun
dree and twenty-nine thousand eight hundred
and nineteen dollars and eighty-one cents,
20,929,8l9 81, and the estimated receipts of
the remaining three quarters to the Both June,
1858 are sc, $50, 90 making with the balance be-
fore stated an aggregate of $75,3S9,934 for the
service of the present fiscal year.
The actual expenditures during the first
quarter of the present fiscal year were twenty
three million seven hundred and fourteen thou
sand five hundred and twcnty-eight dollars and
thirty-scven cents, (S23, 7l4,528 80 of which
three million eight hundred and ninety-five
thousand two hundred and thirty-tNO dollars
and thirty-nine cents 1885,, 232 39) were APP
piled to the redemption of the public debt in
Guiding interest and premium. The probable
expenditures OF the remaining three quarters,
to Both June, 1858, are tifty-one million two
hundred and fOrty-eight thousand five hundred
and thirty dollars and four cents, including in
tcrest on the public debt, making an aggregate
of ST3, 1868, 05T IL, leaving estimated bal
ancc in the treasury ut the close of the present
fiscal year of 1926, S75 81.
mencement of the present fiscal year was TWEEN
ty-nine millions sixty thousand three hundred
and cighty-six dollars and ainety cents ($29,-
iOGh,3SJ 800
The amount redeemed since the LIST of July
was three million eight hundred and ninety five
thousand two hundred and thirty two dollars
and thirty-nine cents (S3, S95, 1872 29)-leavinga
balance unredeemed ut this time of twenty-five
million one hundred and sIxty-five thousand
one hundred and iifty-four dollars and fifty-one
cents C$25, 165, l54 5l.)
The amount of estimated expenditures for the
remaining three quarters of tho sSent fiscal
year will in all probability. be increased from
the causes set forth in the report Of the SecLe-
tary. His suggestion, therefore, that authority
should be given to supply any temporary deti'
cheney by the issue of a limited amount of trea-
sury notes, is approved, aud accordingly re-
commend the passage of such a law.
As stated in the reoort of the Secretary, the
tariff of March 8, lSu7, has been in operation
for so short period of time, and under cir
cumstanccs so unfavOrable to justdevelopm0nt
of its results as II revenue measure, that should
regard it us expedicnt, ut least for the
present, to undertake it's revision.
transmit herewith the reports made to me
by the Secretaries of War and Of the Navy, of
the Interior and of the Postmaster General
They all contain valuable and important infor-
nation and suggestion which L commend to the
favorable consideration OF congress-
have already recommended the rising of
four additional regiments, and the report of the
Secretary of War presents strong reasons prov
ing this increase of the army, under existing
circumstances, to be indispensable.
would call the special attention of Congress
to the recommendation of the Secretary of the
Navy in favor of the construction of ten small
war steamers of light draught For some
wears the government has been obliged on many
occasions to hire such steamers from individ-
uals to supply its pressing wants. We have
no armed vessel in the navy which can
penetrate the rivers of China. We have but a
few which can enter any of The harb RS south
of Norfolk, although many millions of foreign
and domestic commerce annually pass in and
out of these harbors. Some of our most valua>
BILE interests and most vulnerable points are
thus left expased. This class of vessels
of light Clraught, great 81 eed, and heavy
guns would be formidable in coast defence
The cost of their construction will not be great,
and they will require but comparatively small
expenditure to keep them in commission. In
time of peace they will prove as effective as
much .arger vessels, and often more useful. One
of them should be at every station where we
maintain a squadron, and three or four should
he constantly employed on our Atlantic and
Pacific coasts. Economy, utility, and efficiency
] combine to recommend them us almost iniiS-
pensable. Ten of these small vessels would be
| nc ;nooIenJah1a ADVANTAGE tn the naYal service