Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1860-01-05

The balance remaining in the treasury on the lst -
1882 being the commencement of the present fiscal yS
The receipts into the treasury during the first quaIto
the present fiscal year, commencing July LIST, 1855 w
S2O6l0S65 So OF this amount So S2 800 received
account of the loan and the issue of treasury notes W.
amount of $l6 1856 IS having been received during %
quarter from the or mary of public revenue M
estimated receipts for the remaining three quarters Of
present fiscal year to Both june 1860, $5042GiOO G
this amount 1t IS estimated that s. 1856 400 will be recc
for treasury notes which may be ressued under the
ton OF the act of Sd March last and 81 40 600 On accom-
OF the loan horized by the act of June IA S58makn
s69z6 4OO from these dnary Sources and $43O
from the ordinary of the public on
aggregate with the balance in the treasury the LIST n
1852 SIS 54l 50 for the estimated means of the pre
fiscal year ending 3Oth June, 1860.
The expenditures during the first quarter of the present
fiscal year were see ia 76-$G6 3G6 rs of this snn
were applied to the payment of interest on the public de
and the redemption of the issues of treasury notes and The
remainder being ,342 sos, applied to ordinary
penditures during the quarter. The estimated expenditure
during the remaining three quarters to June 80 1860 ava
for the interest the public debt The ascertained and
estimated expenditures for the fiscal year ending 30h %
1860 on account of the public debt are accordingly g.
55OSS 10 and for The ordinary expenditures of the co.
eminent $53 45l 74 49, making aggregate of SCI OO
99 leaving an estimated balance IN the treasury on the 3
June, 1860, of $I4,3Sl, SOS 40.
estimated receipts during fiscal year ending m
thousand dollars, sSo IooD Which with the balance en
ted as Before stated as remaining IN hG b rasHy on M
fiscal year of eighty million six hundred and six thousand @
The estimated expenditures during the next fiscal ending
thousand twentyeght dollars and cvT y
cents (S66 79) this amount three million t
dollars and thirty cents ($3 3Ss6 345 viii be rcqals
three million three Hundred and 6onso G
hundred and seven dollars and fortyve cents, CsG %
ending 3Oth June 1851 Upon these estimates balance viii
eight hundred and nneyone thousand eight hundred se
ty1nne dollars and sixty one cents ($l3,S91S79 CD
But this balance, well as that estimated remain
the treasury the LIST July, $780, will be reduced by u
appropriations as shall be made by law to carry eac
certain Indian treaties during the present fiscal year a
Of to he Of
$50, and upon the estimates of the Postmaster General m
the service of his Department the last fiscal year. ending
Both June, 1852 amounting to 009 together with M
further estimate of that officer for the service of the pre-
ent fiscal year, ending 3Oh June 1860, being $552G3
Should these appropriations be made requested by t
proper Departments the balance in the treasury the Both
five hundred md thirty thousand hundred and nnpt
six dollars and sixty-one cents, ($3,539,l96 CD
transmit herewith the reports OF the Secretaries War
OF the Navy Of the Interior and Of the Postmaster General
They each contain valuable information and important r.
Congress-
1t will appear from the report of the Secretary w
that the expenditures have been materially reduce
system OF rigid economy which, in his opinion offers eve
ry guarantee that the reduction will be permanent The
TINA ties OF the Department for the next have been reduced
nearly two millions of dollars below the estimates fer h
the present fscv year. and half million Of dollars below
the amount granted for this year at the last session Of Con-
gress
The expenditures of the Post Office Department durh
the past fiscal year, ending the Both June, 1859 exu
Of payments for mail specially provided for hy Con-
gress out of the general treasury amounted $l49
49, and its receipts 81 96S 484 OF showing deficiency
be supplied from the treasury of Sc 009 g. against s.
23567 10 for the year ending Both June 1855 The ucre
ed cost OF transportation growing out of the eXpalso
the service required by Congress explains this rapid
entatlon OF the expenditures 1t is gratifying howtyr
to observe increase OF receipts for the year ending
3Oh june 1859 equal to $4Sl G9l 2l compared with those
III the year ending on Both June, 1858.
1t Is est mated that the deficiency for the fiscal
year Will be $986 4N o. but that for the year ending
June, 1861 it will exceed 81 Alb 90 should Cog
adopt the measures of reform proposed and urged Tie
Postmaster General Since the month of March reterca
ments have been made in the expenditures amounting
SloZ4 annually, which, however, did take effect nm
III after the commencement of the present fiscal year III
period seems to have arrived for determining the que,
ton whether this Department shall
eyer-ncreaSng charge upon the Treasury or shall be u
mted to resume the self-sustainng policy which had
long controlled its administration. The course of egs
uOn recommended by the Postmaster General for the
OF the Department from its present cmbarrassments
for restoring to its original independence, is descry
your early and earnest consideration.
In conclusion would again commend to the lust lhpra
ty of Congress the local interests of the District Co
bia. Surely the city bearing the of Washington and
destined, trust for ages to be the capital of united
free, and prosperous COnfederacy has strong claims
JAMES BUCHANAN.
WASHINGTON CITY, December 10, 1859.
Bgs~ The paper upon which the Journal has be H. lr
the last nine MONTHS and is now printed, is manu!c
tured by David Murphy Esq. Rock6sh, Cum5crIaa
county, n. G. Mr.. NJ. makes good article Of p-p5
and finds ready sae believe, for all he en- mlluc
ture. Paper dealers find him gentleman in his trans
actions. We have bought printing paper from no obr
mill, except once since he commenced and that DEF
chase we afterwards regretted, although it was il tue
State