New-York daily tribune., 1858-08-07

To this be insists should be added the balances OF
Appropriations which stand over from last year,
amounting to SIC, $50, ,5oS, which would swell the
total expenditures of the year to nearly One Hun
dIed and -Four Millions Of Dollars But this last
item We qualify by assuming that there will prob
ably be ureIpended balances 10 like manner re-
maipirg over from this years appropriations,
though We think rot to SO large an amount as Six
teen MlIon,-Secretsry Cobb having submitted
the estimates on which these appropriations were
made, il js not probable that he has estimated so
loosely as this aggregate Of Dexpended balances al
the end of next June would imply. On the other
hand, there has grown up of late most pernicom
practice Of expending many Of the appropriations
long before the year is out, ard calling on Congress
for resupply through the medium of what is sty led
a Deficiency bill. This bill usually amounts to
Ten Millions and if we are to have little war
with Paraguay and another with tie Oregon lu-
disns, while the embers Of the Utah war are still
hot ard smonideIing, We are very likely 70 have az
large a Deficiency bill next Winter rs ever. But
we will not anticipate this; ard we will presume
that the une, pended balances remsning over next
J,ls viii he Only Three Millions less than they
were last month, makrg the total outlay for the
year only Ninety Millions of Dollars. We believe
it hkelJ to be quite as ear One Hundred Millions.
But it must always be borne in mind that the
total outgoes CT the Poss-Offce Department as
wen as those for Ocean Mail Service, are ircluded
in the above aggregates, and that these amount to
! over Twenty Millions. This renders il necessary
! in Justice to deduct the receipts for Postage,
amounting to about Eight Millions per anLum
slce those who pay postage on their correspond
ence (and pay at most no more than its actual c)s)
cannot be said to pay therein taxes for the support
of the Government They enly pay it for doing
their persoral errands just as they pay any express
company, porter or messenger; so that this whole
sum should be deducted from the annual outlay. IT,
ther, there should be no call for Deficiency bill
next Winter, ard the unexpended balances next
july should be IS great as those remaining over
last July, the net cost of carrying on the Govern
ment fer ibe current fiscal year will be little over
E'shy Millions.
| How is this outlay to be met
The actual receipts into the Treasury during the
three quarters extending from Sept. 80 81, to .ht
lst of July last were about Twenty four Millions
OF at the rate Of Thirty two Millions per anuum
The present quarter will of course DO better yeli
irg perhsps Twelve MTlioos to the Treasury. ",
90 not thirh the whole yea will average 60 niue.
as tbis, but let us suppose it TO do little better
ard yield to the Treasury an aggregate (excludu,
Post.ge) of Fifty Mlliors, and there will still be
current deficiency of Thirty Mllio1s OF Dollars
Can aIy patriot ressri such deficit withou
apprehension ard alarm Here We are talking o
buying Cuba at a cost of 10 one know, how man,
Millions, while We ought to be building Railros
aid opening two additional highways from tn
Great Valley to the Ps,ifc; but bow are We to d
any Of these while our Revenue is under Fifr
Millions and our Expenditures over Eighty Millions
How are we even to continue borrowing the mcne
required to eke out our current income while th
interest on our Debt grows with every quarter
This certainly csrrot last. What is to be done
Many are satisfied with vague assurance. ths
, tines must improys-tha. trade aud importation
must increase, adding largely to the Revenue. !
is OF coure clear that, when thirg. are at .hsi
worst they must mend, and tba. it is barely possi
be th't tie next three four years shall not az
; tibii commercial movement more active thso IN,
Of ite las. yesr. But, stree the Public Lsn5s bay
practically ceased to be source Of revenue. !
would require an annual importation of a. lea.
Five Hundred Millions worth Of merchandiz
(Custom house valuation, which would be a. lea,
equal to Five Hundred Millions in actual value, Z
produce srevenue Of Eighty MJlcn. Doe, an,