Preble County Democrat. [volume] (Eaton, Ohio) 1857-1859, 1858-12-16

AOOOa tAG OBSERVATION-DISCLOSURES VI
fiscal year, was $25. 155, 977, sc.
During the frst quarter ofthe present
wear, the sum Of Si0,000,0O0 has been
negotiated of the loan authorized By
the act of the 9TH of June, 1S58-ma-
king the present outstanding public
debt, exclusive of Treasury notes, $780,
255, 977,66. There was>on the first of
july 1855 of Treasury notes, issued
by authority of the act of December 70,
1857, unredeemcd, the sum of Sl9,-
z54,S00--making the amount of actual
Indebtedness, at that date, S54,0l0,-
T77.0o. To this will be added $f0,-
OOU, 900 during the present fiscal year
this being the remaining half of the
loaa of $40, e00, 900 not yet negotiated.
The rapid increase of public debt,
and the necessity which exists for q
modification of the tariff, to meet eve
the ordinary expenses of government,
ought to admonish US all, In u re-
.spective spheres of duty, to the practice
Of rigid economy. The objects of this
expenditure should be limited in num-
Der, as far as 4his may be practicable,
and the appropriations necessary to
carry them into effect, ought TO be dis
bhrsed under the strictest accountable
tysy sEplightcd economy does not con-
sist in, The, refusal to appropriate money
fog constitutional purposes, essential to
the defence. progress, aud prosperity of
the Republic, but in taking care that
none of this money shall be wasted by
Encouragement, in its application to
the objects designated by law.
Comparisons between the annual exc
-..l;tu.a ~ fba nrLSanf fimo and whaf
it was ten or twenty years ago, are al
together fallacious. The rapid increase
Of our country in extent and popula-
ton renders a corresponding increase OF
expenditure, to some extent unavoidable.
This is constantly creating new objects
of expenditure, aud augmenting The
ana unit required for the old, The true
questions then arc, have these objects
been unnecessarily multiplied or has
the mount expended On any or all of
them been larger than COMFORTS with
due economy2 In accordance with
these principles, the heads of the differ
ent executive departments of the gov
crnment, have been instructed to reduce
their estimates for the next fiscal year
to the lowest standard consistent with
the efficiency of the service, aud this
duty they have performed in a spirit OF
just ecoRamy.~
The astimates Of the Treasury, War
Navy>and Interior Departments have
ea.h been in some degree reduced; and
unless a sudden aud unforeseen emer-
cency should arise, II is rot anticipated
that a deficiency will exist in either
within the present or the next fiscal
!, rear. Tho Post Office Department is
! placed in a peculiar position, different
! irasn the other departments, and to this
I shall hereafter refer.
/ invite oneress to institute a rigid
scrutiny, to ascertain whether the ex-
pcnses ia all the departments cannot be
still further reduced, and | promise them
AL the aid in my power in pursuing the
Investigation.
I trapsmit herewith tho reports made
me by the Secretaries of War, of the
Navy, Of the Interior and. of the Post-
master General. They each contain
valuable inflammation an } important-rc-
concentrations, to which l invite the
attention Of CONGRESS,
In my last annual messagc l took
occasion to rceeshnfcad the Immediate
constructions of ten s6aali steamers. of
light draushts for fhc purpose of in
crcasing the efRcieucy Of tfte navy
Congress- respaf4cd to the recommend
alton, by authorizing the. construction
of eight of them. The progress which
has been Inadein xeeutiHgsth this author
ity is stated in the report of the Seere
tary Of the NavY.1ceneur With him
in the opinion that a creator number OF
this class of vessels is necessary, for the
purpose of protecting in a more efficient
manner the-persohs and property OF
Americas citizen ms pnthe high seas, and
10 foreign countries, as we'll as in guard
ing more efectually our own COASTS
L~aeeordingly recommend the passagt
OF an act for this purpose.
The suggestions contained in the re
port { f the Secretary o. the Interior, es.
p~ecially those 5nefegard to the dlspesi
lion of the public domain, the pension
md bounty land system, the policy to
ward the Indians and the amendment o
our patent laws, are worthy the consid-
Grafton of Congress- g4;
aThe Post Office Department occupie
a position very different from that of ib,
other departments. For many years j
has beep the policy Of the Goyernmen
to render this q self sustaining depart
ment; andsif this can not now be ae
comPlished in the present condition o
the. country, we ought to. make as nea
an apprpachrt to it as may be practicable
The Post Master, General is placedi il
a most embarrassing position by the ex
iStias .laws.saIfe is obliged to carr,
fhese into effect. He has no alterna
tye.' He finds, however, that this can
not be done without heavy demand
upon the Treasury over and above wha
h~esreceiyed forlpostage; and these hav
been progressively increasing from yea
to year snnAih they amounted for tn
last fiscal year, on Both June, 1888,
~more-than four millions and a half G
doNars, whilst IL is estimated that fU
theapFesent fiscal year they will amour
to $1,000 These sums are exclpsiv
Of the annual appropriation of $4,000
for Ffcompensation for the mail servic
performed for the two houses of Cor
gress, and the 4other departments an
officers of the government in the trans
portationr offree mattorY ns1