Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1860-01-03

narysources of public revenue. e-vstimated re.
ceps for the remaining threequarters of the present
hscal year to the 30th June, 1860, fty-milliou
four hundredand twenty six thousand four hundyed
dollars, l$50, ,4903 Of this amount it is esja
ted that five million seven hundred and ty-six chou
sand four hundred dollars (S5, sos 400) wiz be re-
ceEed Tor treasury notes which may be reissued un
oer the nth section of the act of Sd of March last
ana one million one hundred and seventy thousand
collars Isl l70 000) on account of the loan author
ized by the act of June H. fascinating six millions
nine hundred and twenty-six thousand four hundred
dollars lS6,926 400) from these extraordinary sour
ces, and forty three million five hundred thousand
dollars ($43 500000) from tie ordinary sources OF
the public reyenue--makngAu aggregate with the
balance in the treasury the LIST OF July, 1902 OF
seventy five million three hundred and eighty -four
thousand five hundred and forty-one dollars ana
eghtynine cents (S753s4 Sal 89) for the estimated
means of the presentfscal year ending 5Otb June,
1860. 81 Atzt
Thshsfpenditures during the first quarter of the
present fiscal year were twenty million seven thou
sand one hundred and seventy -four dollars and sew
enty-six cents, $50 007 ia 1873 Four million SIX
hundred and sixty thousand three hundred and
sixty-six dollars and seventysx cents of this sum
were applied TO the payment of interest on the pub
lie debt and the redemption of the issues OF treasu-
ry notes, and the remainder being fifteen million
three hundred and forty-two thousand eight hun
drod and eight dollars {S15, 342, $685. were applied
to ordinary expenditures during the quarter. The
estimated expenditures during the remaining three
quarters to June 80, 1890, are focty million nine
hundred and ninety-fve thousand five hundred and
htyeight dollars and twenty three cents, O9S5,
Dos %. Of which sum two million eight hundred
and eighty-six tn usand six hundred and twenty lone
dollars and thirtyfour cents 1856 62l 34) are es
timated for tie interest the public debt The as
certaned and estimated expenditures for the fiscal
year ending 30th Juue, 1860, account of the pub
lie debt, are, accordingly, million five hundred
and fifty thousand nine hundred and eighty dollars
and ten cents (S7 $50 1888 10 ) and for the ordinary
expenditures of the Government ffty-three million
sour hundred and ffty-one thousand seven hundred
ana fortyfour dollars and eighty nine cents, $685.
,744 $50 making aggregate of sixtyone mil
hon two thousand seven hundred and thirty Two
collars and ninety cents (S6lO0273z ~; leaE-
ing an estimated balance in the treasury on the 30th
June, 1850, of fourteen million three hundred and
eightyo thousand eight hundred and eight dollars
and forty cents, (Sl4, 3sl sos 400
The estimated receipts during the next nscai year
ending the Both june 1861, sixty million two
hundred and twenty five thousand dollars, $685.
225, 000,) which, with the balance estimated as be-
fore stated remaining In the Treasury the 3Oth
of the next fiscal year of eighty million six hundr ed
and six thousand eight hundred and eight dollars
and forty cents ($s0, 6O6, sos 40.) : a.#.ts2 ~
The estimated expenditures during the next fsca
year, ending 30th June, 1851 sixty-six million
seven hundred and fourteen thousand nine hundred
and twenty doarsand sventy -nine cents (66,
ia, 928 79.) Of this amount, three million three
hundred and eighty-six thousand six hundred and
twenty-one dollars and thirty-four cents (3,3s6,6
S4l will be required to pay the interest the public
debt; leaving the of sixty-three million three
hundred and twenty-eght thousand three hundred
and seven dollars and f0rtyve cents ,307 45
for the estimated ordinary expenditures during the
fiscal year ending Both June, 1861 Upon these esti
mates balance will be left in the Treasury the
S0th June, of thirteen million hundred and nine
ty-one thousand eight hundred and seventy ninedol
lars and sixty one cents l3, 1871 1919 81.
But this balance, as well as that estimated to re
main IN the treasury the 1st OF july 1860, VIII o.
6naa axyor cI,olh o do
law to carry into effect certain Indian treaties during
the present fiscal year, asked for by the Secretary
the INTERIOR to the amount of five hundred and thif
ty-nine thousand three hundred and fifty dollars
($539 $500 and upon the estimates of the POSTMASTER
General for the service of his Department the last Us
cal year, ending 30th of June, 1859, amounting e
tour million two hundred and ninety-six thousand ane
nine dollars q, 296 009) together with the furthel
estimate OF thatOcer for the service OF the presen
fiscal year, ending s0th of June, 1860, being i've mil
Lion live hundred and twenty thousand three nun
dred and twerty fcur dollars, (S5 526 324 making
an aggregate of ten million three hundred and sixty
one thousand six hundred and eighty three dollars
Q0,aei.6S3.>
should snese appropriations be made, as requested
by the proper Departments, the balance in the treas
urv the 30th of June, 1861 will not, it is estma
ted, exceed three million five hundred and thirty
thousand one hundred ard ninety dollars and SIX
ty one cents, $3.50, 1876. 6l.)
transmit herewith the repoi is of the Secretarle
OF War; of the Navy, of the Interior, and ofthe Pos
Master General. They each contain valuable intor-
the serious consideration of Congress.
1t will appear from the report of the Secretary O
War that the army expenditures have been materi
aliyfedgced y system of rigid economy, which, II
ms opinion oilers every guarantee that the reduction
Nit be Permanent. The estimates OF the Department
91 the next have been reduced nearly two millions
~ doTs. hglal the estimates for the present isca
Sexrs AID hair a d .a OF dollars -aasy t.ie snioun
q ansed this ear at the last SESSION ct Gong
The expenditures of the Post Office De, artlnent du
ring the past fiscal year, ending OF the 5ea 81 june
Ioil
provided for by Congress out of the general treasury
amounted to Sl4, 964 33, and its receipts to $7
s6s, asa ~ showing adeiciency to be supplied from
the easury Of So 1896 OO9. 26, against S. 235, ST. III
fox The year ending both of June, 1858. The ncreas
ed cost of transportation growing out OF the expan
sion ofthe service required by Congress explains this
rapid augmentation of the expenditures 1t is graf
flying, however, to observe an increase OF receipts
for the year ending the 30th OF June, 1852 equal
to $48l 69I.2l compared with those in the year end
. ing on the 30th of June, 1858.
1t is estimated that the deficiency for the current
fiscal year will be S. 98e 42404 but that for year
ending 30th of June 1851 it will not exceed 81 342
$780, should Congress adopt the measures ofreforn
proposed and urged by the Post Master General
Since the month OF March, retrenchments have beer
made in the expenditures amounting to ST., 626, All
annually, which, however, did not take effect unit
after the commencement of the present fiscal year.
The period seems to have arrived Tor determining
the question whether this department shall become
permanent and ever-increasing charge upon the
Treasury or shall be permitted to resume the self
tanning polcy winch nad SO long controlled ts ad
ministration. The of legislation recommend
ed by the Postmaster General for the relief of the de-
partment from its present embarrassments, and foI
restoring it It's original independence is deserving
of your early and serious consideration.
In conclusion, would again commend to tie just
lberality of Congress the local interests of the Dis
trict of Columbia Surely the city bearing the name
of Washington, and destined, / trust, for age to be
the capital of united free, and prosperous con-
federacy, has strong claims on our favorable regard
JAMES BUCHANAN.
Washington City, Dec. IS, 1853.
Thirty.Sixth Congress-First Session.
MONDAY, December 26, 1s59.-Senate.-7Not
in session.
Hoatse.-The House observed Christmas after