Bradford reporter. [volume] (Towanda, Pa.) 1844-1884, 1860-01-05

ructon but this exclusively under the warmakng
power Besides, the Constitution expressly reqnres
an imperative duty that the United States shat pro-
feet each OF them 1.-THE states) against Invasion" am
at loss to conceive how this protection be afforded
to California and Oregon against such naval power
by any other repeat the Opiuar- contained in
last annual message that il would be inexpedent
the government TO undertake this great work by agents
OF its appointment and under its direct and exclu
sve control This would increase the patronage of the
Executive TO dangerous extent and would foster sys
TEN of jobbing and corruption which no vigilance the
federal officials could prevent. The construction this
road ought therefore, to be entrusted to Incorporated
companies, or other agencies who would exercise that
active and vgilant supervision it which can be in
spircd alone by Of corporate and individual in
terest venture to assert that tire additional cost of
transporting troops munitions OF war ana necessary
supplies fc the army the vast intervening plains
to possessions the Pacific coast would be greater in
such war than the whole amount required to construct
the road. And yet the resort would after all, he made
quate for their defence and protection.
We have yet scarcely recovered from the habits Of
travagant expenditure, produced by oyertiowng
treasury, during several years prior to the
mento my administration The financial reyerses which
we have since experienced ought To teach all 10
tnize expenditures with the greatest vigilance and
to reduce them to the lowest possible point The
tive Departments of the government have devoted them
selves to the accomplishment OF this object with consid
erabe success will appear from their different reports
and estimates To this invite the scrutiny of Congress-
for the purpose of reducing them still lower il this be
practicable consistent with the great public interests of
the country. In aid of the policy OF retrenchment
pledge myself to examine closely the bills approprdting
lands or money that any of these should inadYert
anty pass both houses must sometimes he the
may afford them opportunity for reconsideration. At
the same time ought to forget that true public
economy consists not in Withholding the
ry 10 accomplish important national objects conided tn
by the Constitution but in taking that the money
appropriated for these purposes shall be faithfully and
frugally expended.
1t will appear from the report of the Secretary Of the
Treasury that IT Is extremely doubtful n say the least
whether shall be able pass through present aud
the next fiscal year without providing additional
This can only lie accomplished by strictly cohIG1 the
appropriations within the estimates Of the different de
partments, without making allowance for any adl
tional expenditures which Congress nav tiak prnper
in their discretion 10 authorize ard witho providing
for the redemption OF any portion OF the 10000 900 o
Treasury notes which have been already issued In the
event OF deficiency, which consider probable, this
ought never to be supplied by resort to additional loans
1t would be ruinous practice in the days OF peace and
prosperity TO Oh increasing the nao lal debt
the ordinary expenses OF the government This policy
would cripple our resources and impair credit in
the existence of should render il necessary to Dor
row money Should such deficiency occut AS / appre
hend, would recommend that the necessary be
raised by an increase of our present duty imports
need not repeat the opinions expressed in last annual
message a. To the best mode and manner OF accomplish
ing this object and shall merely observe that these
have since undergone no change.
Thereport of the Secretary OF the Treasury will explain
in detail the operations OF that department OF the GO
vernment.
The receipts into the treasury from all during
the fiscal year ending 30th June 1853 including the an
OF treasury notes authorized by existing laws ssh
Gg2 Al o. which with the balance oi S. 39S 3l6 10
fiscal year. made an aggregate for the service OF the
Ui 5 : ,U90.7s7 IL.
The public expenditures during the fiscal year ending
goth June S59 amounted t. $S3,75I ,5l 81. or This
Sl7 ,40j 2Sj Il applied to the payment of in
tcres the public debt and the redemption uf the issues
of treasury notes. The expenditures for ali other branch
OF the public service during the fiscal year were there
fore S66,3I6,22b l3.
The balance remaining in the Treasury the st July
1855? being the commencement OF the present fiscal year,
was 81 ,33J 2i5 "a
The lcce pts into the Treasury during the first quarter
OF the fiscal year, commencing July 1T, 1852 were S2n
6lSS6j So Oi this amount S6,N2l 300 VAS received on
account of the loan and the treasury notes.-the amount
Of $6 9S $50 81 having been received during the quar-
from the ordinary Of public The
timatcd receipts the remaining three quarter the
present fiscal year To 3Oth jane, Isi0 $50 42G 400
ct this amount it estimated that sj,7j6 100 will hc
,eved Tor treasury notes which may he raised under the
9TH section Of the act OF March last an $l,lTO,0OU
account oI the loan authorized by the Of June II,
lH5smakng s6,32G0J from these cXtrao rdaary sour
ces, and sl57OVeo rom the oGl nary sourres o the
public revenue-makng an aggregate with the balance
in the treasury the lst July. lsJ9, of sIj3H4j4l
- for the estimated means OF the present fiscal year
ending 5Uth June, 1860.
The expenditures during the first quarter Of the pres
eat fiscal year $50 0O l4 10. j6G ~ oi this
applied To the payment OF interest on the pub
lie debt ana the redemption OF the issues {" TREASURY
notes and the remainder being SOS. applied
to ordinary expenditures during the remaining three
quarters To June 30 1850, are j5S % O which
- ,62l 81 estimated TOR the interest the
public debt The a,tertan- and estimated expenditures
for the fiscal year ending 30 June, lSG0, account OF
the public debt accordingly. $7,5jO9SS 10 and for
the ordinary expenditures Of the government sj5,i5l.
IA 80, making aggregate ot sG GJ2122 - leaving
estimated balance in the treasury the jOth june
1880, OF Slj ISL sos 80.
The estimated lecepts during the next fiscal year end
ing Both June, lsGl SG6, ,225 900 which with the
balance estimated, as before stated remaining in
the treasury the j0th June ls6U will make aggre
gate for the service OF the next fiscal year oil S>OGO6
sos 40.
The estimated expenditures during he next fiscal year
ending j0th June, ls6l are SGG7l4,92S 10 Of this
amount s332GS2l 81 will he required to pay the inter
ont thp .jDt
for the estimated ordinary expenditures during the fiscal
year ending 30th June, 1851. Upon these estimates
balance will be left in the Treasury on the JOth June,
of Sl3 S9l 40 Gl
Bat this balance as well as that estimated to remain
in the Treasury the lst july 1860 will he reduced by
such appropriations shall be made by law To carry into
effect certain Indian treaties during the present fiscal
year. asked for by the Secretary of the Interior to the
amount Of sj393j and upon the estimates o the Post
mascrGcncra for the service of his department the last
fiscal year ending Goth June, 1859 amounting To 81 296
009 together with the further estimate Of that officer for
the service of the present fiscal year ending 3oh june
lSGO, being s. 52l, making an aggregate OF Sl06l
6N3 =
Should these appropriations lie made requested by
the proper department the balance in the Treasury
the Both June 1851 will will not is estimated exceed
S3,G30l96 81.
transmit herewith the reports Of the Secretaries of
of War; of the Navy of the Interior, and OF the Post
masterGenera They each contain valuable information
and important recommendations well worthy Of the Sc
rious consideration Of Congress.
1t will appear from the report Of the Secretary OF War
that the army expenditures have been materially reduced
by system Of rigid economy. which, ~ his opinion,
offers every guaranty that the reduction VIII be perma
nent The estimates of the Department tor the LeXt
have been reduced nearly millions Of dollars below
the estimates fyr the present fiscal year, aud ht mil
lion of dollars below the amount granted for this year ut
! the last session of Congress.
The expenditures of the Postofce Department during
the past fiscal year. ending on the 3Oh June lsj9 ex
elusive of payments for mail service, specially provided
for by Congress out of the general treasury amounted to
Sl4 954 l93 49, andits receiprsto s94s ass OF show
ing deficiency to be supplied r0sn the treasury of So
g9b OU9 26, against ,ZSJ,6I 10 the ending
30th june 1855 The increased cost of transportation
growing of the expansion OF the service required by
Congress explains this rapid augmentation of the eXpen
ditures II is gratifying however to observe increase
of receipts for the year ending the Seth June, 1852
equal to s4Sl SOL q, compared with those in the year
| ending on Both June, 1853.