The home journal. (Winchester, Tenn.) 1858-188?, 1859-12-31

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glo -e-- -,s.,d n y rv. --. anuaa! messages
HEs- rsls,, uT-n wat would ia -lr isfercelcss
cs-t.oa i eur S.a.cs SUI Territories wsst Il the
"o-SF i -ua- sins IN case # = var with Z oSvs:
E2>r ~';-sa.- strong 70 iu:s rrg al IN eroou-Ss
Il. - .-.-- - -a- routes =-r-s- :ac l>Ena=, al
So - .- .-. --- iE-. -fts 80 "a. E-. - rr.-
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f5r lis yoas,E-sfu t..r Is e. e.u-i.= .,ig: sie
" wsr-TlasinE power Beside. the C,u~.frra,.s cx-
preszy rseu'res. = 81 isa-erativS daiy. la@- the
Ga'tzd Ststss sha, nT0-"c' caca @ trer: ,, ate-1
SElilst iT-aSjer. : loss =. ra-,-7.. 5, ~
this PR 81 can - afforded t1 California .,-i
Oregon against such naval p5v-r ny af,r cher
means. lrsPe4t ths opinion oouta.neG in m, las.
annual mess sc. that t would Re ucXgeiie4, fog
he Government % undertake tais greG- work hy
agents + is C1n 4ppOn nent and under its direct
and exclusive c5HIrel This would decrease tse
Fa-rO2age CT the Executive 10 E dangerous extent,
and would foster q system Of jobai1g and crrrln-
ZION which 10 Vigilance er he part Ct Federal oi-
eia!7 ccaI prevent The constitution O: Ilis cosG
ougli, therefore, > oa latTgs-cI to incorporated
companies, CT o.aoC agencies, 10 wsG:i exercise
tha' active SID viEl2at supervision oroc = saica
can be inspired alone hy q ssnsc = Corpo-.ts ari
lnalv'dull interest. l venture 20 zss.r- ina: the
aG-liionsl c's, CT tran FoTtilE t-o y, munitions Of
war and necessary supplies 1sr the army acr5ss the
TaSt Intervening plains = or possessions N tae
Pacific coas; would DC g-ea e. in su-h & war than
the Th7ie an 5uat required construct rle .oai.
And yet this yUli, after al. BE- mad sguae
for tLeic defense ami pfote .tiOy-
We nave yer scarcely recovered f.yn the bits
o. extTaVagaat expenditure, produced BY cur over
flowing Treasury, during sewers! years p- to tie
commencement Of ny a4mini> tCa.loa. Tie inan-
cial EeEerses which have since experienced ougL;
10 tcacl Us al 20 s3Eljiaize expenditures with
the gEs-tes, vigilance, and % them 10 lie
lowest possible point. Tae Executive departments
Of t1e G-Te-n2ae-t have G5vctei themselves to tee
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aucc-ss IS VIII appear from their different reports
an es,i ma 6. 10 thsse invite the scrutiny of
G-rgrsss, fic he purpose o reducing tLeu ST,
lo",r = his 6e practicable, consistent with the
gre-t Pl5c Interests Of the cu4t5y- In sid of the
poicy Of TetT5nclEsnt pledge myself - examine
close ; the bills aPPcopEilti1g lands or money 50
that il any Of these should inadvertently pass beth
houses, as mast sometimes be the case, may afford
them al opportunity for reconsideration. At the
same TING We ouSGt never t. forge tat true public
economy consists, not in Withholding The meaus
necessary TO accomplish impJrtan; naIou.l otje ects
c5nd!od 10 US by INC Constitution, but in taking
care taa: the money appropria,ed fr tsse purposes
shall be faithfully and trugaily expended
Il viii appear from tae report OF the Secretary Of
the Treasury that il IS extremely doubtful to saJ
the l9.5i, whether we shall lie aele pass through
the lresea ara tie next fiscal year without p OH
ding 4.:t.o&al revenue. This can cnly be Accom-
piizA-G by strictly confning the appro sriaJio1s
WiIhiG i:e estimates G. the different Departmcnts
without making an allowances i0r any additional
taeir d'seTei2 TO authorize, and without providing
for the releEkG Ion OF ary portion CT the SO oO0,-
V10 oE Treasury notes which have besn already is
SUED Ia the event Of deficiency, which l
sider P7obab.e. this ought never be supplied by
a resort 70 additional leans. /, would be rui12us
practiee IN the dsys Of peace and prUspari,y 10 &.
on increasing the national debt 20 meet the orGus-
ry expenses Of The Goyernmsnt. This policy would
cripple resources ana impair cur cre3.t in c.se
the existence ot shoalG rcuGsr !, necessary to
borrow money. Should such icisncy occur as
aPTreheni. l you'd recommend Ina. the necessary
revenue De raised by Increase Of present du-
ties oE Imports. l need not repeat the opinions
pressed IN my last annual message, as to the best
mode and manner Of accomplishing this object, AID
shall noT merely observe that these have since IN
dersCle no change.
The report of 3he Secretary Of the Treasury will
explain IN detail he operations of that Department
Of the Government.
The receipts into Ike treasury from all sources
during the fiscal year ending 3Uth June, 1893, IN
cudlns he loan authorized by The Get Of l4.h June
1898 AID The issu,s of treasurynOes authorized by
existlog laws, were eghty-one million six hundred
and EiEsiy-tTo thousand four Euudred and seventy
one dollars and enc cent, 1881 692 a. VI J which
sum, VIII ihe balance OF million three hundred
and ninely eight thousand three hundred aad six
Teen dollars and len cents (S639S $40 I0) e nain
ing IN The treasury at the c,mmencemen; of that
fiscal year, made Aggregate for the scry ce Of the
year OF egEtJ-tigEt million ninety thousand seven
hurdreo ana eighiy-scvea dollars and eleven cents
(SSS, $50. 767 IL
The public expenditures during the fiscal wear
ending 3Uih june, 1853, amounted TO e eighty-,hree
million seven hundred aad ffty-one thousand five
hundred aud eleven dellars and ffty-seven cents
(Soo 'oI, OIL oI.) Of this seventeen rliilion
Icur HUNDRED and FIVE thousand two hundred and
eigoiy-hve dollars and forty-iour cents (Si7 4C5-
go III Scre applied - the payment of interest on
the public debt and the redemption of the issues OF
treasury notes. The expeudI ures for all other
branches Of the public service during that fiscal
year were, therefore, six'y-six million three hun-
dred anG ;orty-sX THOUSAND Two hundred and
226 l3G
Tae oallee7 remaining in the treasury on .he
lst July, 1899, being tue c3mnencemeLt of the
pre- nscai 5ear wa four million thee hundred
ana thiFty thousand two hUndr ed ad seventy
hVe doI'Is and hIty four cents Isl, 339 275 81
ihe Iecelp's into the treasury duriDg the first
quarter Of tie present fiscal year, commencing
July l, 1879, Were twenty million SIX huudred aud
elgateeA thousaIG sight hundred and sixty-tiva
dollars anu eighiy-fVe ceGts, (S2o.GiS S65 S5.0
OI this amount, three million eight hundred and
t#enty-oue thousand three hundred dollars (!3-
Ell, o0o) was received OF GcGoGr. OF he Ioal and
tAe issue OF treasury uo;es--he amount Of sixteen
million seven aundftd and niaety-s .7eu thousand
me hundred aac sixty five d1ilars AID eighty-tiva
cents (SI6, 191 800 So having been received during
the qu-rs@c from the ordinary IF pubic
revenue E5:IuLcd receipts for the remaining
three quarters Of the present f-cal year to 3Otb
June Io0O, are fifty million four hundred ami
twenty-slx thousand four hundred collars $3.50
10 too-j vi inls amount, it Is estimated thal :iye
n Hon seven hundred and fl y-six Tia 5u=and four
hundred dollars (S5, 1856 400 wll be received for
treasury notes watch may ne reissuad under the
hi!h section OF tEe act of 81 March last, snd onc
milton one hundred AMI seventy thousand dollars
(9l,l'o.OGO) on account IF he loau al horizsd ny
ths acJ OF June Il, lS5S-InlEing six million nine
hundred and twsnty-aix taoas four hundred
dollars (SG,S26 .4O0) from these extraordinary
sources, and foTiytGrce million five hundred thou
sand dollars 43, 800 O00) from the ordinary sources
raw tyi-,a-
the balance n tie treasury GA the Ist july 1859
OF seven J i've million three hUrlTei and eighty
four Thousand five hunited ana forty-one dollars
and elShty-nine cents (S75, ,3Si 54l S9) for tie
estim .tee means Of the present fiscal year ending
seth June, 1850
Fac expenditures during the first qIarter Ct t4c
present fiscal year were twenty miIloa seven thou
sand enc hundred and seventY-fyur dollars a4d
seVeniy-six certs, $50, 006 IA 7G) Four million
SIX hundred and stxty-f9ur Thousand three hundred
ami s.zty-six dollars eRi scEeuty-six certs (S4,-
OOH 900 .6) Of this SUR were applied 10 the pay
mehe OF Interest on the pablo Gabt, and the re
demption Of the issues OF treasury notes, and The
remainder, being fftsln mil!ic2 three hundred and
Tort 1.-TWO thousand eight huaiIed eight dollars,
l9lo'oIz SUo,) were applied to ordinary e1fenGi-
lures during The quarter. TEc estimated expenGi-
tGTes during the r5manng hrec quarters, t. June
80, 1860 fory million Eire hu5 d ed aud riney
five thousand Eve n3Tei and ffty-eight dollars
ana twenty-three ceBt5, (St0,9 55S 23.) OF
w:ich sum TWO million eight hundred and eighty
aad hrty-foIr cents (S2 Ss6 62I 81 ara estimated
FIR tie Interest CT The public deb. The ascertain
ed 42d estimated expenditures f.r tie fiscal year
ca't2g 35'h June, 1860, oa account of the public
debt are accordingly seTen million five hgudrei
ana iit'y thoas mi nine hundred and eighty-eekt
dollars and Ten csnt7 (S1,j59 9SS 10 } and for the
ordinary expenditures OF the Government fs:y-
three uili!on four hundred arI iity-one thousand
s:7ee hundred and forty-four dollars and eighty
nlne csnts. 1888, ,45l, 744 50 making ap argrecaIe
o. s!Hty-one million two thousand seven hundred
ana tairiy-t"o dollars and niBcty-nine cents SOL
wv. ~ 99, leaving an estimated balance ia the
treasury, On the 30th June 1862 Of fourteen mil
Ion three hundred and eighty-7re thousand eight
hundred and eight dollars aal forty cents, l@Il,-
ISL, SOS 40.)
The estimate receipts during the next fiscal year
ending 30th Jano, 1861, sixty-six million two
hundred and twenty-five thousand dollars (SG5 225,
O0O), which, with the balance estimated, as befars
stated, as remaining in the Treasury OF the 3U,h
June. 1850, will make aggregate for the service
OF the next fiscal year Of eighty million six hun
drad and six thousend eight hu.drei end eight dol
lars and forty lSSn G(l6 sos 40