Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1858-12-25

would not be injured 1t true, lie might
haycto pay IA little more duty on givcu
article IN ono year; but ifso he would pay
Il little less in another, and in series of
years these would counterbalance each 9TH E
CT, and amount to the same thing, SO far ,
AZ his interest is concerned. This incon-
Veuicncc would be trifling, when contrast
cd with the additional security thus afford
ed against frauds upon the revenue, in
which every consumer is directly intercs-
ted
have thrown out these Sug scS tons as
thc fruit ofmy own observation, to which
Congress, in their better Judgment, will
give such weight as they may Justly deserve.
The report of the Secretary of the Treas
nry will explain in detail the operations of
that department of the government The
receipts into the treasury from all sources
during the fiscal year ending 30th June,
lSoS, including the treasury notes author
lz"d 10y the act Of December 23, 1857, were
S7O,273, ,SG9.50, which amount, with the
balance Of SlITl0, ,l14.27 remaining in
the treasury at the commencement of the
year, made an aggregate for the sclvicc OF
the year of SST, ,0$3 G83S
I he public expenditures during the fs-
cal year ending June 80, 1853, amounted
to SSl, l,5S5, ,6G7.16, of which S9,6S4, ,537.-
80 were appl.cd to the payment of the pub
lie debt aud the redemption of treasury
notes, with the interest thereon, leaving
i'll the treasury on July |, 1858, being the
commencement of the present fiscal year,
$6,393 ,3lGl0.
The receipts into the treasury, during
the first quarter of the present fiscal year,
commencing the lst July, 1853, including
one half of the loan of $40 100000, witir
Che prcm'nm upon it, authorized by the
act of lth June, 1883, were $25, $50, ,S70,-
lG, and the estimated receipts for the re-
manning three quarters, to the seth juno,
lSo9, from ordinary sources, are S3S, ,500,-
Geo, making, with the balance before sta
ted an aggregate of SO, ,l20, 1856
The expenditures during the first quarter of
the present fiscal year were $21, ,TOS, 1873 81, OF
which Sl,ulO, l42.37 were applied to the pay
mcut OF the public debt and the roden r,ion ot
treasury notes and the interest thereon The
estimated expenditures, during the remaining
three quarters, to the 3uti June 1859, 81, 85T-
69S.4S, making an aggregate of "a, 065, ,SG6.59,
bong an excess of expenditure beyond the es-
timntGd receipts into tho treasury from ordinary
sources, during the fiscal year, to tie 3Otlc
June, 1882 of 3.93G. 7Ol 40 Extraordinary
OF the Secretary OF the Treasury, by the reissue
OF treasury notes redeemed, and by negotiating
the balance of the loan authorized by the act of
lih OF June, 1888 to the extent of eleven mil
lions OF dollars which if realized during tho
present fiscal year, will leave n balance III tho
treasury, ON the first d"y of July, 1859, of
I.UG3, ,20S. 81.
The above estimated receipts during tho
next fiscal year, ending 30th June, 1860,
are $G2,OO0,000, which, with the above
estimated balance of 81, ,063 ,29S. .57, make
an aggregate for the service of the next
fiscal year, ofS69, ,0G3, ,29S 81, The esti-
mated expenditures during the ncxt fseal
year ending Both June, 1860, arc E73,-
1879, ,ll7,4G, which leave deficit of esti.
mated means, compared with the estS Mated
July, 1888, Of $4,U7484 50
In addition TO this sum, the Posed Oster
General will require from the treastS mi fer
the service Of the Posto6cc Dcx=T.:lA sArt
S3,83S,12S, as explained in the report SSsslp
the Secretary Of the Treasury, which w y
increase the estimated deficit on the 30tJ,t
June, 1860, to $7,9l4,5T6.S9 To pEo-
vide for the payment of this cstimatcdJ de-
ticicncy, which will be increased By such
appropriations as may Be made by Cor
grcSs, not estimated for in the report of tho
Treasury Department., as well as t) provide
for the gradual redemption, from year t.
year, OF the outstanding treasury notes, the
Secretary Of The Treasury recommends aucll:
a revision of the present tariff as will raise
the required amount. After what [ have
already said, need scarcely add that /
concur i'll the opinion expressed in his re-
pOrt--that the public debt should not be