The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1860-12-14
Department Reports.

In place of filling our columns for days
together with the detailed reports of the
heads Of the various departments of the
government, we have prepared, from our
New York exchanges, concise abstracts,
which will show nearly enough for general
use' the condition of the country during the
past year. t
REPORT OF THE SECRETARY OF THE rRrAaupv
Secretary COBB commences bis report
Win statement of the condition of the
national balance sheet, and believes that,
were 1t not for the present panic, we would
come out at the end of the present fiscal
year would end with surplus. He pro-
ceeds to say that as the panic has not been
created by any ordinary causes, it is impos-
slble to say what will be its effects He
alludes particularly to the fact that the
country never was so rich as it is now. and
that the financial pressure has been the re-
suit OF the intrgues of fanatical and pestifer.
Gus politicians. The attention of Congress
is called to the fact that the receipts of the
Treasury have already been diminished to a
dangerous degree by the existing state of
things. The Secretary recommends that
Treasury notes, secured by the pledge of
4 L. =
the public lands, shall be substituted for
stock in the eleven millions of the new loan
YET TO be raised, and also asks that Congress
will give to the President and Secretary of
the Treasury authority to issue limited
amounts of Treasury notes when the ext
gencies of public service require it. The
Secretary also asks for authority to issue
ten millions in Treasury notes at once, in
order that the government may meet the
lawful demands upon it.
The balance remaining in the Treasury at
the end OF the fiscal year of 1859
Wds... Observation-Disclosures. $4,3S9, 90, "a
Inc receipts for the year ending
July 1, 1861. ................ 76, 702, 033, SO
IotaL. .$S1 ,O9l ,3O9, 43
disbursements ................ 77,462, l02, p
Balance on hand July l, 1S60.... s., 629, 2O6, II
Ut the amount thus discussed, $685.
628 was paid towards the public debt, which
was increased, Notwithstanding, more than
S8,OCO,OOO during the same period, as the
amount raised by loans and Treasury notes
was $25,724,800. The estimated
Receipts to July /, 1861, are. 1874, 348, 996, rs
Ihe expenditures to that date. :. "a, lO3 Toe, IL
Leaving balance Of......... $245, S9l SO
This statement adds one million to the
public debt.
The estimated receipts from July
1861, to July l. 1862, are. 1854 1876 1891 SO
The expenditures to that date. 6S, 363, 726, III
Leaving deficiency of...... 81, 1861, 1874, SO
Relying, however, upon the fact that the
sums drawn from the treasury by the re-
spective departments, have usually been less
than the estimates, the secretary thinks
that the above deficiency will be not only
heutralized, but that balance of some So
100000 will remain at the credit of the
department.
The permanent debt, June 30, 1860, was
$45,079, 203,OS, and the outstanding treas
ury notes l9,690,5O0. The usual estimates
and resources of the government for the
coming two years are considered abundantly
adequate, under ordinary circumstances.
But in the present threatening state of
politics, of course no trusty calculation can
be made. Every element of prosperity,
apart from political uncertainties, exists.
The exports of the last fiscal year
WERE. .................... .$4OO, l22,29
Inc imports. ................. 362, l63, 94l
Leaving favorable balance Of. . s37, 95S, 1856
The revenues from customs was So, 187,
5l1. Planters and farmers have realized
remunerative prices, and every commercial
and manufacturing interest has prospered.
The secretary recommends that steamers
shall be substituted for sail vessels in the
revenue service, and that the pay of the
officers shall be increased. He gives the
coinage of the mint during the year-$23,-
447,283 S5 gold, So, $50, $3.50 26 in silver,
and $342 900 in cents-and asks for an ap-
preparation of 100000 to test the practi.
bility of new invention for preventing
abrasion, counterieiting and deterioration of
United Ctates coins.
REPORT OF THE SECRETARY OF WAR.
Secretary FLOYD opens his report with
the statement that the strength OF the
regular army is substantially the same as at
the time of the last annual report. The
available troops have been kept on war
footing, and in active service along the
frontiers. The posts upon the Rio Grande,
from Fort Fillmore to Fort Brown, have
been occupied in order to hold the Camanche
Indians in check, and an Sctive campaign,
in which Captain Sturgis, of the First
Cavalry, especially distinguished himself,
has been carried on with the Kiowas and
Camanches, about the head waters of the
Arkansas and Canadian rivers. The In