Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1858-12-23


other countries whose manufactures csme
into competition with our own, must ever
produce disastrous results 10 our domestic
manufactures. No tariff, short Of absolute
prohibition, can prevent these evil cense-
quences.
In competition will, this subject, il is pro-
per 10 refer 10 our financial condition. The
same causes which have produced pecunia-
~ distress throughout the country, have so
reduced the amount of imports from foreign
countries, that the revenue las proved In
adequate 10 meet The necessary expenses oil
the Government. To supply the deficiency,
Congress, by the act oil the Odd December,
1857, authorized the issue Of $4,000, GOO
Of Treasury notes, and, this proving made
quaIe, they authorized, by the act Of June
i4th, 1858, loan Of $40 000, 600, 'fo be
applied 10 the payment OF appropriations
made by law"
-I.aH--a RECEIPTS AND EXPENSES.
8 The report Of the Secretary Of The Treas.
ury will explain in detail the operations Of
that department Of the government. The
receipts into the Treasury from all sources
1858, including the treasury nOies author
ned by the act Of December %, 1857, were
seventy millions two hundred and seventy
three thousand eight hundred and sky
nine dollars aud fifly-n cents $50, 2I3,-
$50 SO } which amount, with the balance
Of seventeen million seven hundred and ten
Thousand one hundred and fourteen dollars
and twenty-seven cents (l77l0,ll4 21)
remaining in The treasury at the commence
rnent Of the year, made an aggregate for
tie service Of the year Of eighty-seven
million nine hundred and eighty-three thou
ssnd nine hundred and eighty three dollars
ind eighty-six cents Isl, 9S3. 1888, So
The public expenditures during the fis-
cal year ending June 80. 1888, amount TO
eighty one millions five hundred and eigh-
ty-five thousand six hundred and sixty
seven dollars and seventy-six cents, ISL
5e5,6s7 76,) of which nine million six
hundred and eigh,y.fuur thousand five hun
died and ,hirty-seven dollars and ninety
nine cents, (9,6S4 ,537 '99) were applied
for The payment o. the public debt, and The
redemption Of treasury notes, with the IN
rerest thereon. leaving in the treasury
july II, 1858, being the commencement oil
The present fiscal year, six million three
hundred and ninety-eight thousand three
hundred and sixteen dollars and len cents,
(6398,3l6 TO- -
The receipts into the Treasury, daring
the firsi quarter of the present fiscal year
commencing the Isl July, 1858, including
one.half Of the loan OF twenty million Of
dollars, with the premium upon it, author
lied by the act of l4th June, 1853. were
twenty five million two hundred and thirty
thousand eight hundred and seventy-nine
dollars and iorty-six cents, ($25, 23O, ST.
49, and the estimated receipts for the re
manning three-quarters, 10 the JOth June
1859, from ordinary sources, are thirty
eight million FIVE hundred thousand dollars
($3S; 500 900, making, with the balance
before stated, an aggregate Of seventy mil
lion one hundred and tweny-nine Thousand
one hundred and ninety: five dollars and fif
.ty-six cents, ($7o,l29,l 1875 So
The expenditures, during the first quar-
Ter of the present fiscal year, were twenty
one million seven hundred and eight thou
sand one hundred and ninety eight dollar:
and fifly-one cents, ($2l 1881 81 o
which one million and len thousand ont
hundred and furty-two dollars and thirty
seven cents, ($l,O1O,I42 80 were ap
piled 70 the payment OF the public debt ant
the redemption of treasury notes and the in
ierest thereon. ..- r-....-.
The estimated expenditures, during tht
remaining three-qnarters 10 Both o. June
1855" are fifty-two million three hundred
aud fifty7seven thousand six hundred ant
iiinety- height dollars and forty-elght cents
1852, 1857 ,69S 4S, making an aggregate o
seventy -four million sixty-fve Thousand
eight hundred and nineiy-six dollars and
ninety-nine cents, (S74, O65 500 SO, being
an excess Of expenditure, beyond the esii
mated receipts into The Treasury from orli
nary sources, during The fiscal year 10 Thu
30lh, June, 1859, Of three million nine hun
bred and thirty-six thousand seven l,uudi eC
and enc doIIa and foriy-three cents, g.,
936,70l 43. Extraordinary means ar,
placed bv law within the command Of ths
Secretary Of the Treasury, BY the re-issu.
of Treasury notes redeemed, and by nego
iiating the balance of the loan authorized b,
l,e act Of the 18th June, 1858, 10 the ex
IeHl OF tltSeu miliIon oI uOlldfs, WHICH; II
realized during the present fiscal year, vii
leave balance in the Treasury. on the Is
day Of July, 1859, of seven million sixty
three thousand two hundred and ninety
eight dollars and fifiy-seven cents, (S7,
o63 ,29S 81. e.,
The estimated receipts during the mex
fiscal year ending Both June, 1859, are six
ty-two millions Of dollars 1852 600 900,
which with the above estimated balance o
seven millions sixty-three thousand tw,
hundred and ninety eight dollars and fifty
ven1cents, ($7 ,063 POS SO making al
aggregate Tor the service OF the next iisca
year, of sixty mine million sixty-three thou
sand two hundred and ninety-eight dollar
and 1iifty.seven cents, ($69. 063 ,298 81.
The estimated expenditures during the mex
fiscal yyear ending 30th June, 1860, ar
seventy. three million one hundred and thir
6enins thousand one hundred and forty
seren dollars and forty-six cents, Ga, l39,
\ l.. l.. \ r. e.