Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1858-01-07

- 20 49, - 49, WIN IA NO p1dCtlCt Vi
appropriating money from the public
treasury for the construction of such
roads.
The difficulties and the expense Of
constructing a military railroad to
connect our Atlantic and Pacific
States have been greatly exaggerated.
The distance on the Arizonil route
near the SD parallel of north lati-
tede, between the western boundary
of Texas on the Rio Grande and the
eastern boundary Of California, on
the Colorado, from the best expIora-
tons now within our knowledge, does
not exceed four hundred and seventy
miles, and the face of the country is,
in the main, favorable. For obvious
reasons the government ought not to
undertake the work itself by means
lof its own agents.
This ought to be committed to 9th.
Ter agencies which Congress might
assist either by grants ofiand or mon.
icy, or both upon such terms and
conditions as they may deem most
beneficial for the country. Provision
might thus be made not only for the
safe, rapid, and economical transporta-
ton 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 a road;
and, above all, would be power
ful additional bond of union. And
although advantages of this kind,
whether postal, commercial, or politi-
cal, cannot confer constitutional pow
er; yet they may furnish auxiliary ar
guments in favor of expediting a
work which. in my judgment, is
clearly embraced within the war-mak-
ing power
For these reasons / commend to
the friendly consideration of Con-
gress the subject of the Pacific rail
read, without finally committing my
self to any particular route.
The report Of the Secretary of
the Treasury will furnish a detailed
statement Of the condition of the
public finances and of tie respec-
tive branches Of the public service
devolved upon that department of
the government. BY this report it
appears that the amount of revenue
received from all sources int the
treasury during the fiscal year ending
the Both of June, 1857, was sixty
eight million six hundred and thirty
one thousand FIVE hundred and thir-
teen dollars and sixty-seven cents,
(S9S, 631, 5lS CD which amounts,
with the balance of nineteen million
nine hundred and one thousand three
hundred and twenty-five dollars and
forty-fve cents, (S19, 90l. 1926 49,
remaining in the treasury at the COM
mencement of the year, made an
aggregate for the service of the year
of eighty. eight million five hundred
and thirty 1.-TWO thousand eight hun
bred and thirty-nine dollars and
twelve cents, (sSS,532. $50 l2)
The public expenditures for the
fiscal year ending 30th Of June,
1857, amounted to seventy million
eight hundred and twenty-five thou
sand seyen hundred and twenty-four
dollars and eighty-fve cents, &c.
S22, 724 85,) of which five million
niue hundred and forty three thou
sand eight hunered and ninety-six dol
lars and ninety-one cents, (S5, 943,.
500 81, were applied to the redemp-
ton of the public deb, including inter
est and premium, leaving in the trea-
sury at the commencement of the
present year on the 1st July, 1857,
seventeen million seven hundred and
ten thousand one hundred and four.
teen dollars and twenty-seven cents,
| (S17,710,l14 27.)
The receipts into the treasury for the
first quarter Of the present fiscal
year. commencing lst July, 1857,
were twenty million nine hundred
and twenty-nine thousand eight hun
dred and nineteen dollars and eighty
one cents, and the estimated receipts
of the remaining three quarters to the
30th June, 1858, are tLirty-six mil
lions sven hundred and fifty thou
sand dollars, making, with the balance
before stated, an aggregate Of seven
ty-five million three hundred and
eighty-nine thousand nine hundred
aud thirty-four dollars and eight cents
for the service Of the present fiscal
year.
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