Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1860-01-05

teen millions three hundred and forty-two thou
Fand eight hundred and eight dollars ($l5 ,342,-
oOS) were applied to ordinary expenses during
the quarter. The estimated expenditures dur
ing the remaining three quarters, to June 30
1860, are forty million nine hundred and ninety-
five thousand five hundred and fifty eight dol
lars and twenty-three cents ($40, 1896, 558 23).
Of which sum two millions eight hundred and
elghty-slx thousand six hundred and twenty
one dollars and twenty four cents (2,886, 62l 24)
are estimated for the interest of the public
debt. The ascertained and estimated expendi
lures for the fiscal year ending Both June, 1860,
on account Of the public debt, are, accordingly,
seven million FIVE hundred and fifty thousand
nine hundred and lightweight dollars and len
cents ISL $780, 1888 10y and for the ordinary
expenditures of the government fifty three mil
lion four hundred and fifty one thousand seven
hundred and forty-four dollars and eighty-nine
cents 1888 ,45l IA 80), making an aggregate
OF slxty-one millions two thousand seven hun
dred and thirty two dollars and ninety-nine
cents 1861 ,OO2,732 99); leaving an estimated
balance in the Treasury on the Both June, 1860,
of fourteen millions three hundred and eighty
one thousand eight hundred and eight dollars
and forty CENTS ($l4 38l 1903 4O).
The estimated receipts of the next fiscal year
euuluh oV1l cuue, lOol are SlXty-6lX million
two hundred aud twenty five thousand dollars
(S66, 225, OOQ), which, with the balance, esti-
mated as before stated as remaining in the
Treasury on the 30th July 1860, will make an
aggregate for the service of the next fiscal wear
Of eighty million six hundred and six thousand
! eight hundred and eight dollars and forty cents
| $3.50 SOC, 1903 40)
The estimated expenditures during the next
| fiscal nndinu 20fh Tnno 1871 o.
million seven hundred and fourteen thousand
nine hundred and twenty eight dollars and sew
enty-nine cents ($69,74,928 10y. OF this
amount three million three hundred and eighty
six thousand six hundred and twenty one dol
lars and thrtyfour cents (3,386,6 34) will
be required to pay the interest on the public
debt; leaving the sum of sxty-three million
three hundred and twenty eight thousand three
hundred and seven dollars and forty-fve cents
1868 1913 1907 45) for the estimated ordinary
expenditures during the fiscal year ending 30th
June, 1861, of thirteen million eight hundred
and ninety.one thousand eight hundred aud
seventy nine dollars and sixty-one cents ($l3,-
89l,879 6l).
But this balance, as we'll as that estimated to
remain in the Treasury on the 1st July, 1860,
viii be reduced by such appropriations as shall
be made by law to carry into effect certain In
dian treaties during the present fiscal year. asked
by the Secretary of the Interior, to tho amount
of five hundred and thirty-nine thousand three
hundred and fifty dollars (539 ,S50), and upon
the estimates of the Postmaster General for
the service of his department the last fiscal
year, ending Both June, 1859, amounting to
four millions two hundred and ninety-six thou
sand and nine dollars ($4, 1896, 009) together
with the further estimate of that officer for the
service OF the present fiscal year, ending Both
June, 1860, being five millions FIVE hundred and
twenty thousand three hundred and twenty
four dollars ($5, 1876 .324) making an aggregate
Of ten millions three hundred and sixty-one
thousand six hundred and eighty-three dollars
($l0 361 ,683).
Should these appropriations be made as re-
quested by the proper departments, the balance
in the Treasury on the Both of June, 1861,
will not, it is estimated, exceed three million
five hundred and thirty thousand one hundred
and ninety six dollars and sixty-one cents IT,
53S 1876 ely.
transmit herewith the reports of the Secre-
taries of War, of the Navy of the Interior,
and of the Postmaster General. They each
contain valuable information and important
recommendations well worthy of the serious
consideration of Congress
1t will appear from the report of the Secreta-
ry of War that the army expenditures have been
materially reduced by system of rigid econo.
my, which, in his opinion, offers every guaran-
tee that The reduction will be permanent. The
estimates of the Department for the next year
have been reduced nearly two millions of dol
lars below the estimates of the present fiscal
year, and half II million of dollars below the
amount granted for this year at the last session
of Congress.
The expenditures Of the Post-0ffce Depart
ment during the past fiscal year, ending on the
Both June, 1859, exclusive Of paymentstor m al
service specially provided for by Congress out
of the general treasury, amounted to $l4 $685.
499 80 and its receipts to 81 1868 ,474 81 show
inga deficiency to be supplied from the treasury
OF $6,996,009 26, against SIS 235,677 Is for
the year ending Both June, 1853 The in
creased cost oil transportation growing out of the
expansion of the service required by Congress
explains the rapid augmentation of the expen-
diture. 1t is gratifying, however, to observe
an increase of receipts for the year ending on
the Both June, 1859, equal to $4Sl ,68I 81
compared with those in the year ending on Both
June, 1858.
II is estimated that the deficiency of the cur
rent fiscal year will be $5,9SS, 424 o. but that
for the year ending Both June 1861, it will not
exceed 81 ,342 ALB 80 should Congress adopt
the measures of reform proposed and urged by
the Postmaster General. Since the month of
March, retrenchments have been made in the
expenditures amounting to 81 1926, All annual
ly, which, however, did not take effect until
after the commencement of the present fiscal
year. The period seems to have arrived for de-
terming the question whether this Department