The Council Bluffs nonpareil. [volume] (Council Bluffs [Iowa]) 1857-1867, 1857-12-26
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PlESInl NIX - GE. 4
fcosc,3sD m nm pr.) Z
explorat;6 now M Ein or aovlsda
does n Sxossd f(us hundred "a ssvsn
miles, nd tka3ace % he c0unL il, in q
main fstof6bIl. FofS6bvious t1asoas, -
government ought mot to undertake ID.
work itself by means Of it, own agents.-
Til ought: 10 b. cdnMitted Ia Other s4keH.
cies, which Congress might assist either b,
grants Of land or money, or BY both, upor
shSh terms and coaditious q they my desu
most beneficial for the country. Provision
might thus bsmsae not only for the-rafs
rapid and economical transportation ol
troops and munitions OF war, but also Of
the public mails. The commercial inter.
ests Of the whole country, both East and
West, would be greatly promoted by suct
road, and above all, II would be = power
full additional bond Of union. And although
advantages Of this kind, whether postal
COMM rcial or political, cannot confer CON
stitutional powcr, yet they may furnish
auxiliary arguments IN favor of expediting
q work which, in my judgment, is clearly
embraced within the war making power.
For these reasons commend to the friend
" consideration Of Congress the subject Of
the Pacific railroad, without finally commit
ting myself to any particular route. I Il
,sgt1- THE TREASURY.
The report of the Secretary OF the Treas
ury will furnish a detailed statement Of the
condition of the public finances and Of the
respective branches of the public service
devolved upon that department. Of the gov
eminent. BY this report it appears that the
amount of revenue received from all sources
into the treasury during the fiscal year end
ing the Both of June, 1857, was sixty eight
millions six hundred and thirty-one thou
sand five hundred and thirteen dollars and
sixty-seven cents ($68 ,63l ,5l3.67,) which
amount with the balance Of nineteen mill
ions nine hundred and one thousand three
hundred and twenty Eve dollars and forty
Eve cents ($l9, sol ,325.45,) remaining in
tho treasury at the commencement Of the
year, made IN aggregate for tho service Of
the year of eighty eight millions five hun
dred and thirty thousand eight hundred
and thirty nine dollars and twelve cents( $SS,
532,s39.12.) a Ia. a.
The public expenditure for the fiscal year
ending 30th June, 1857, amounted to seven
ty millions eight hundred and twenty-five
thousand seven hundred and twenty four
dollars and eighty-fve cents CSC, 822, Ia
85l, of which Eve millions nine hundred and
forty three thousand eight hundred and nine
ty-six dollars and ninety -une cents ($5. 943,.
S96.91, were applied to the redemption OF
the public debt, including interest and pre-
MUM, leaving in tho treasury ut the
commencement Of the fiscal year on the LIST
Of July, 1857, seventeen millions seven hun,
dred and ten thousand one hundred and
fourteen dollars and twenty-seven cents,
($l7,7lO,l14.27.) !.
The receipts into the treasury for the first
quarter of the present fiscal year, commence
ing lst July, were twenty million nine hum
dred and twenty>nine thousand eight hun
dred and nineteen dollars and eighty-one
cents, ($2O, 929, S29.Sl,) and the estimated
receipts Of the remaining three quarters to
the 30th June, 1858, are thirty-six million
seven hundred and fifty thousand dollars,
1886, 75O, 0OO,) making with the balance be-
fore stated an aggregate Of seventy five mill
ion three hundred and eighty-nine thousand
nine hundred and thirty -four dollars and
eight cents, ($75, 1899, 934.08, y for the service
of the present fiscal year. .t. ~ -.
The actual expenditures during the first
quarter of the present fiscal year were twen-
ty-three million seven hundred and fourteen
FIVE hundred and twenty weight dol
lars and thirty-seyen cents, 50, - Il, 52S.3I,)
of which three million eight hundred and
ninety five thousand two hundred and thirty
two dollars and thirty mine cents ($3, $685.
232.39) were applied to the redemption of
the public debt, including interest and pre-
rho IS ho
three quarters, to Both of June,
1858, are ifty-one million two hundred and
forty eight thousand FIVE hundred and thir-
ty dollars and four cents, ISL, 24S,5 30.04,)
interest on the public debt, making
m aggregate Of seventy-four million nine
hundred and sixty three thousand and fifty
eight dollars and forty one cents ($74;963,-
O5S.4l, leaving an estimated balance in the
treasury at the close of the present fiscal
year Of four hundred and twenty six thou
sand eight hundred and seventy-five dollars
and sixty cents, ($426, S15.67.)
The amount of the public debt at the
Of the present fiscal year was
twenty million nine hundred and sixty
thousand three hundred and eighty-six dol
lars and ninety cents, ($29, 960, 3S6.90.)
NATIONAL DEBT. =
The amount redeemed since the LIST of
July, was three millions eight hundred and
ninety five thousand two hundred and thir-
ty-two dollars and thirty-nine cents esq.,
S95 49,. 49, Leaving balance unredeemed
at this time Of twenty-five millions one hun
dred and sixty-fve thousand one hundred
and fifty-four dollars and ffty-one cents
($25, l65, l54.5l.) ... ........ '.,... a. ......
The amount of estimated expenditures for
the remaining three quarters Of the present
fiscal year will in all probability be increas-
ed from the causes set forth in the Report
Of the Secretary. His suggestion, there
fore, that authority should be given to sup
ply any temporary deficiency by the issue
Of a limited amount Of Treasury Notes, is
and accordingly recommend the
passage Of such a law. .-a 4...-..
........ s...z.r TARIFF. ...-.ss --,,r 81. .
As stated in the report Of the Secretary,
the tariff of March 3, 1857, has been in OPP
GRAFTON for SO short q period of time, and IN
der circumstances so unfavorablc to Just
of its results rs revenue mea-
sure, that should regard it as inexpedi-
ent, at least for the present, to undertake
its revision. .....r.
.. .@e@. WAR AND NAVY. s...-..,fg .
transmit herewith the reports made to
me by the Secretaries of tho War and Of
the Navy, of the Interior and of the Post
master General. They all contain valuable
and important information and suggestions
which recommend to the favorable con.
sideration of Congress. .,r, ..~.
have already recommended the raising
of four additional regiments, and the report
of the Secretary of War presents strong
reasons proving this increase Of the army,
under existing circumstances, to be indis-
pensable. -rs ......-' .......,.... Il,
-., THE NEW WAR STEAMERS. s-
would call the special attention of Con-
gress to the recommendation of the Secrc-
tary of the Navy in favor Of the construc-
ton of ten small war steamers of light
draught. For some years the government
has been obliged on many occasions to hire
such steamers from individuals to supply its
pressing wants. At the present time we
have no armed vessel in tho navy which can
penetrate the rivers Of China. We have
but few which can enter any of the harbors
south of Norfolk, although many millions
of foreign and domestic commerce annually
pass in and out of these harbors. Some Of
our most valuable interests and most yul-
nerable points are thus left exposed. This
class of vessels of light draught, great speed