Marshall County Democrat. (Plymouth, Ind.) 1855-1859, 1857-12-17

that the amount of the revenue received
from all sources into the treasury during
the fiscal year ending the 3Oth of June,
1857, was S68, 632, ,513 81, which amount
with the balance in the treasury at the
commencement of the year, makes an ag-
gregate for the service of the year of $88,
532. .839 12. The expenditures amounted
to 500, ,822,7 100 85-leaving in the treasu-
ry, at the commencement of the present
| fiscal year, July 1st, 1857, $17,7IO, 118
81. The receipts into the treasury for the
first quarter of the present fiscal year,
commencing July 1st. were SEQ, ,92s, ,8l9
81, and the estimated receipts for the re-
naming three quarters, to the 30th ol
June. 1858, are $50, 750, ,0O0-making,
with the balance before stated, an aggre.
gate of S75, 1884 O8 for the service Of
the present fiscal year. The actual expen.
ditures for the first quarter Of the present
year, were $23,714,528 81. The proba-
BILE expenditures of the remaining three, tc
June 3Oth, 1858, are S51, ,248, $50 Ca
making an aggregate of S74.963,058 Al
leaving an estimated balance in the treas
AIRY, at the close of the present fiscal year
Of S426,875 81. The amount of public
debt unredeemed at this time is S25, 165,
/ 154 81. The amount Of estimated eXpen
ditures for the remaining three quarters q
/ the present fiscal year will, in all probable
/ ity, be increased, from causes set forth il
the report of the Secretary. His sugges
ton, therefore, that authority shoald bt
given to supply any temporary deficiency
/ by an issue of limited amount Of Treas.
ury notes, is approved, and [ accordingly
recommend the passage of such law, a:
, stated in the report of the Secretary.
The tariff of March 5rd, 1857, has
been in operation for only short time
and under circumstance so unfavorable tc
a just development of its results as reve.
nue. measure, that l should regard it as in
expedient,at least Tor the present to under
take its revision.
| would call the special attention oi
Congress to the Recommendation of the
Secretary of the Navy in favor of the con
struction of ten small war steamers oil
light draught. The whole cost of their
construction would not exceed SO, 100000
The President counselS great caution in
the bestowing of public lands. While, as
! a source of revenue, they are of great i'm
portance, their importance is far greater as
furnishing homes for a hardy and inde-
pendent race of honest and industrious
citizens, who desire to subdue and cult
vate the soil. They ought to be admins
tered mainly with the view of promoting
this wise, benevolent policy. If Congress
should hereafter grant alternate sections to
States or companies. as they have done
heretofore, | recommend that the interme-
diate sections retained by the government
should be subject to preemplion by actual
settlers.
The present system of making the Indi-
ans valuable presents to influence them to
remain at peace, has proved Intellectual
1t is believed to be the better policy to col
onize them in suitable localities, where they
can receive the rudiments of education,
and be gradually induced 20 adopt habits OF
industry. So far as the experiment has
been tried, it has worked we'll in practice,
and will doubtless prove to be less expen-
sive than the present system.
1t will be seen, from the report of the
Postmaster General, that Post Office De-
partment still continues to depend on the
Treasury for an important portion of the
means of sustaining and extending its ope-
rations.
The President concludes by expressing
the determination 10 approve no bill which
he has not examined, and it will be case of
extreme and most urgent necessity that
will ever induce me to depart from this
rule. Therefore, l respectfully. but earn
estly. recommend that the two houses
would allow the President at least two days
previous to the adjournment Of the session
within which no bill should be presented
to him for approval.