Wabash express. [volume] (Terre-Haute, Vigo Co[unty], Ind.) 1841-186?, 1858-12-15


OF iron Of different classes. raw sugar. aud
ioreign wines aud spifItes.
In my deliberate judgment, SPECIFIC
duties are the best. if not the only means
securing the revenue against false and
fraudulent voices. and such has been the
practice adopted for this purpose By other
commercial nations. Besides, specific
duties would afford to the American man
ufacturer the incidental advantages to
which be Is fairly entitled under revenue
tariff.
RECEIPTS AND EXPENSES OF THE GOVERNMENT.
The report Of the Secretary of the Treasury
will explain in detail the operations of that
department The receipts into the Treasury
from all sonrces. during the fiscal year ending
JUfh june lcoc, including the Treasury mates
authorized by the act Of December 23d. 1855,
we're SO. .3s3 500 50. which amount. vi the
balance OF Sl1Tl0llf 27 remaining In the
Treasury at the commencement of the year.
made ca aggregate for the service Of the year
of se7 .9s3.903 &c
The public expenditures during the fiscal
year ending June 30, 1858. amounted TO ssl :
5e3,G67, 76, of which s.. .6Si 537 % were ap.
piled to the payment Of the public debt aud
he redemption OF the treasury notes. with the
Interest thereon. leaving in the Treasury, on
July 1T. 1855, being the commencement Of The
present fiscal year, SC. .39s. SIG 10
The receipts lnto the Treasury during the
first quarter of the fiscal year. commencing
July lst, 1883, including one half Of the lean
OF S2O 1000 with the premium upon IL.
authorized by the act OF the 5th Of June, 1855
Were so s30 eay 46 and the estimated receipts
for the remaining three quarters 10 the 50th Of
June. 1859. from ordinary sources, are S3o.-
500 900. making With The balance before sta
ted, au aggregate of $40. % 1875 Sc.
The expenditures lring the first quarter Of
the present fiscal year. were S2i 70o, 1875 81. of
which 81 .0i0,l42 81 We're applied to the pay
nent of the public debt. and the redemption
OF the treasury notes and the Interest thereon
The estimated expenditures during the
mairing three qoarleTs 70 20th June, $50. are
S92 .J5l b9e IL. making an aggiegate of S74..
uo5, ,eyo ~, being an excess OF expenditure be
yoDd the estimated receipts into the treasury,
from ordinary sources, during the rscai year
10 the 3Oth June. 1859, of 50 936. .9oI 43.
Extraordinary means are placed by Law
within the command of the Secretary of the
Treasury, by the reissue of treasury notes re
deemed. aud by negotiating the balance of
the loan authorized by the act Of 18th June
le5s, to the extent Il eleven millions Of dol
lars. which Ifrealized during the preseut IS,
cal year, will leave "A balance in the treasury.
the first day Of July, $50. of 81 .063 2Jo. Sc
The estimated receipts during the next hs
cal year, eudiEg 3Oth June, 1855, sixty
TWO million of dollars, which. with the above
estimated balance OF seven millions sixtylhree
Thousand two hudFed and nirety eight dollars
aud nifty seven cents, make an aggregate for
the sersice of the next fiscal year of $50 .0e' !.
29S 81. The estimated expenditures during
, the next fiscal year, ending June Goth, is60,
are s73, l39 III 4G which leave deficit of
estimated naeans, Compared with the estisnated
expenditures for that year, commencing on the
lst of July. 1889. Of - 075 .0&S 50.
In addition To this sum- the Postmaster
General will rqure from the Treasury, for
'hs service Of she Post office DEPARTMENT. 50.
$50, s2o, rs explained in the report of the Sec
re'ary OF the Treasury, which will increase
the estimated dehtit on the 3uth of June, 1850.
to seven million nine hundred and fourteen
thousand five hundred and fourteen thousand
five hundred end seventys cents. To pro
vide for the payment of this estimated def
: cheney. which viii be increased bysuch apprO
priations may be made by Congress, not
? ,,tin sted for ia ihe report Of the Treasury De
partment as well as to provide for the gradual
redemption, from year to year, Of The out.
Standing treasury notes, the Secretary OF the
Treasury recommends such revision Of the
present tariff As Will raise the required a
, mount,
. After what 7 have already said, I need
srafcciy add That concur in the epinioa cx-
pressed ia his feIort--lhAt the public debl
shonld not hc Increased hy an additional loan
. and would hsrtfore. strongly urge upon Con
gfess the duty Of making al the present sess
ION, The necessary provission for meeting thss'
{ Liabilities.
tie commencement Of the present year. wa
!. as .977 66.
i During the lirsi quarter Of tho prescn, sea
!. the sum Of 0. 600 600 has been negotiated q
e The loan authorized by the acs ofihe li.h Jon'
i. 1855 max inF the present outstanding pub
:, lie debt. exclusive Of treasury notes S35 s.,
:, 81 Go. There vss on The 1t July. leSe, Q
q treasury notes. issued by authority II the ae
- December % 1857 unreaetiac1 the sum a
W si9 s5l 800 making the amount cf actual N
d.bie,luess. At that date. S5t.gl0517 &C. I
= lL,~ WALL be addod 10 oou 600 during the pres
.h en-, fsral ycar--'hi- being the remaining ha
le II the loan a $40 200 ,0On rot yet negotiate,
Of rosr ofrtcE DEPARTMENT..
Al The cost OF this department, over and aboy
what was received for postage up 10 June -
= was more than 81 500 GOO. aud for the presel
=. fiscal year It j. estimated 1t will amount 10 :
so o90 0Ue These sums are exclusive Of the Al
al nual appropriation of S100 900 Tor 'compens
ton for the mail service performed for the tw
= houses of Congress, ard the other depatmen
al aud oftrers of The government IA the transpo
er tation Of free matter
-. rAcsic RaIinoAp.
la II i freely admitted that il would te ine
pedieft for this government To exercise Il
, power 81 constructing the Pacific Railroad
nc rs own immediate agents. Such pcli
IN would incr, ase the patronage Of the c1ecau
- to dangerous extent shd Introduce syste
of iohbiug and corruption. which 30 vigsiau
on the part of federal officials could either ~
ION vent or detect. This can only be done BY {
rs. keen cye aut active spd careful SUPERVISE
ae- Of individual and private interest. The CO
strattlon uf hts read ought. therefore, 10
- committed 10 companies Incorporated VIE
Sc the interests would be directly involved. co
ab- rress might then assist them IN the work,
siAl grants Of land or of motgy. Ct beth cuder su
= cone ntitiens aud restrictions would secure
tfah~porta.ion of Troops aud munitions OF y
out free from any chargs and thst Of the Unli
unt States nail Al fair and reasonable price.
hat The nrurress q eveuts Stree the eounen
!. ment al yoar last session has shosn kov 80
difficulties disappear before = firm aud dst
o. s.iaed resolution. Al that tinie such ~
cy. vas deemed bv wise aud patriotic men to
De- = visionary project The great distance
~ &c osercofns, and the iLtefsenlng me1nta
- aud deeerts In ihe way. were obstacles VIII
1nis 10 the opinion ~ mary, could not b surmo'
the ted kow. alter he lapse al bot single ye
20 these obstacles il has been ciscoftred, are
+ ~ less formi1abis than they ssIe supposed
be. and mail stages. With passengers, nov p
and e-pass regularly. tsice in each week
end common Wagon rad between San Franc
une CO aud 81 LpGls and Memphis. in les q
f,.n twenty i've tays. The service has been as
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