Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1858-12-23

American manufacturer the incidentalad-
vsutagss to which he is fully entitled under
: revenue tariff. The present system is .
sliding scale to his advantage. Under it,
when prices are high and business pros
porous, the duties rise in amount when II
least requires their aid. On the contrary,
when prices fall, and be is struggling
against adversely, tLesdutiesareadbmiutsh-s
ed in the same proportion, greatly to bis
injury.
RECEIPTS AND EXPENDITURES.
The receipts into the treasury during
the fiscal year ending June 3oth, 1853,
including the treasury notes authorized by
the act of Dec. ,23d, 1857, were $70,273,.
SG9 SO, which amount, with the balance
of $l7,7l0,ll4 n remaining in the treas
ury at the commencement Of the year,
made an aggregate for the service OF the
year of S37 ,9s3,ss3 So.
The public expenditures during the 6s.
cal year ending June 3Otb, 1858, amount.
ed to $Sl ,5s5,667 IS, Of which $685.
537 SO were applied to the payment of
the public debt, and the redemption Of
treasury notes with the interest thereon,
leaving in the treasury on July lat, 1858,
being the commencement of the present
fiscal year. S6,39S,3l6 10. ...
The receipts into the treasury, during
the first quarter Of the present fiscal year,
commencing July LIST, 1858, including one
half Of the loan Of twenty millions of dol
lars, with the premium upon it, authorized
BY the act Of the l4th June, 1858, were
$25, 23O,S79 46, and the estimated receipts
for the remaining three quarters to the
3oth June, 1859, from ordinary sources,
are S3s, 500 900, making with the balance
before stated. an aggregate Of $7O,l29,.
lO4 Sc.
The expenditures, during the first quar-.
ter Of the present fiscal year, were S2l,-
708, l95 81, Of which sl,0lO,l42 81 were
applied to the payment of the public debt
and the redemption of treasury notes and
the interest thereon.
The public debt on the st OF July, 1858,
the commencement of the present fiscal
year, was S25, l55,977 Ct.
During the first quarter Of the present
year, the sum Of slO,OOO,O0O has been
negotiated Of the loan authorized by the
act Of l4th Of June, 1858, making the
present outstanding public debt, exclusive
of treasury notes, $50, 1853 Sc. There
was on the LIST of July, 1858, of treasury
notes issued by authority Of the act of Dec.
u, 1857, unredeemed, the sum Of $l9,.
75i,soo-makius the amount Of actual
| Indebtedness, at that date, $54,9lO,777 G6.
To this will be added $4,000, 900 during
the present fiscal year-this being the re-
naming half of the loan of $4,000, 900,
not yet negotiated.
PACIFIC RAILROAD.
1t is freely admitted that it would be in.
eNpedient for this government to exercise
the power of constructing the Pacific Rail
road by its own Immediate agents. Such
policy would increase patronage of the
executive to dangerous extent, and in
!roduce a system of jobbing and corrup-
ton which no vigilance on the part of fed.
eral officers could prevent or detect. This
can only be done by the keen eye, and &C.
tive and careful supervision, of individu-
al and private interest. The construction
OF this road ought, therefore, to be COM
mitted to companies Incorporated by State
or other agencies whose pecuniary inter-
ests would be directly involved. Congress
might then assist them in the work BY
grants OF land or money, or both, under
such conditions and restrictions as would
secure the transportation of troops and mu
nltions of war free from any charge. and
that of the United State. mail ut fair and
reasonable price.
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OnaWn nj