New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-12-05

the present and fiscal years may be illustrator ~
anotle and simpler FORM The entire expenditure OF
H. Government for tine fiscal year ending june 81,
1870 exclusive of the redemption OF treasury notes,
which are otherwise provided for and the interest," on
the public debt, was S99o4cH4 '%' anu IN 'a, sIu a
Post-ee Department produced by the failure OF the
Office Appropriation bill 81 the second session VI
the Tbrtv-ffh CJugressthereby causing ths amount
IN he Maid and charged in the expenditure OF te hsel
wear ending Jane 80 1862 though IN point OF lac the
service was rendered and the liability incurred IN ,he
preceding year. II should be borne IN nd 'at TINS sum
Of $50 ~ included not only payments grS S
ONT Of eb appropriafons had been estimated LOT Dy
the deIartment but all other sums apppiopTiVeu py
Congress. There is reason why thG i %
the present next hscal year shoull eAeSu 'i "
the last wear. Allowing, however, margin Ior an
crease II NAV be safely stated that the expenses iVr
tbe two years will not exceed 900 OOVVO eacniuaA
inc The amount to be provided for sl2V0oo' Inc es
,aed means of the Treasury for the came pe1od are
Cor The nreseu fiscal year. $50, 1896 10 and Tor me
wear ending June 80, 1862, s64, 25OOOO wnch woul1
leave An excess of estimated means over es'in"'eu
expenditure of 8, 1896 20. ~ l.,.o han
1Ie estimate Of receipts into the Treasury nave peeh
made Slthou, reference TO the financial and CONNER
cia panic which has assumed so threatening All asoJ.
within the last few days, and OF when shaii rP"n
more fully hereafter The country wac aeS trers
have been best general rule with aonndant cips
and were realizing remuneratiye pnces lof al ku ~
products The exports OF me ne s ss sca ,be D
orts for the same period 1862 1884 yielding
Rreyepue from customs Of $53 1877 5ll 81 The exports
~ domestic produce for the present fiscal year, ~ lar
% ,hev have been received indicate an increase fully
onal II NOT greater, than that Of preceding years,
% ,borizne the estimate Of increased revenue from
that source. Apart, therefore, from the threatened
harasmens in the trade and business OF the coun-
-, thNse estimates both Of expenditure ana receipts,
enid he submitted TO Congress with greai confidence
hst heT would not vary very far from the actual TO-
suits. 90 .;.;o,o ,be .aects which this
hrsa,ered reynlsion will produce upon the buess OF
~ country The absence Of all the ordinary Ga'es
c. sJ stste of things leaves no data upon "incn 70
- ssIcnlaions-a the elements OF prosperity are
IN exisIence-abundant crops with remaneTanSd pa
IN nsnev seeking safe nvesimenis-and' lhoeeo,
,vLgG 10 indicate more than the usual hcrease IN
800 "a 1usiness The causes which nave 70 su9ueh.
~ fhig tide of prosperity must be looked iog
,;1e of ,he financial and commercial opcrauohe "a
Ia eo,,ry: thew are of political charaSleI' anu
.SS.e ~ dependent for their ultimate ehect upon
future seveIopnens that it is impossible aa0l pe1a.
s"y, '.s,~e ,bcy are merely temporary, aid VIII
soon sway then there will be ~ fof te em5a
rsssents already existing in conSeq % Ion,
~ ,.-s. ALL, -, sEsss ssQ~d P.''e 4-'''r