The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1860-01-04

mode and manner of accomplishing this
object, and shall now merely observe that
these have since undergone no change.
The report of the Secretary of the
Treasury will explain in detail the opera
tons of that Department of the Govern.
ment.
The receipts into the treasury from all
sources during the fiscal year ending June
3Oth, 1859, including the loan authorized
by the act of l4th June, 1853, and the
issues of treasury notes authorized by ex-
isting laws, were l,692,47l OIL, which
sum with the balance of $6,398,3l6 10
remaining in the treasury at the commence
ment of that fiscal year, made an aggre-
gate for the service of the year of $685.
09O,7S7 IL.
The public expenditures during the fs-
cal year ending 30th June, 1852 amount
ed to $S3,75l,51l 81. Of this sum $l7,-
4O5.2s A were applied to the payment
of interest on the public debt and the re-
demption of the issues of treasury notes.
The expenditures for all other branches of
the public service during that fiscal year
were therefore $66.346,226 13.
The balance remaining in the treasury
on the lstJuly, 1859, being the com.
mencement of the present fiscal year. was
$5,339,275 54.
The receipts into the treasury during
the first quarter of the present fiscal year,
commencing July, lst 1859, were $780,
61e,S65 IS. Of this amount $5,S21,-
800 was received on account of the loan
and the issue of treasury notes.-the
amout of $l6,797,565 81 having been
received from the ordinary sources of pub
lie revenue. The estimated receipts for
the remaining three-quarters of the pres
ent fiscal year to 30th June, 1850, are
$50, 426,400. Of this amount it is esti-
mated that $3.50, 400 will lie received
for treasury notes which may be -eissued
under the fifth section of the act of 3rd
March last, and $l.17O,OOO on account of
the loan authorized by the act of June 4
lS5S--making$6, $780, 400 from these ex-
traordinary sources and $43, ,5O0,O00 from
the ordinary sources Of the public revenue
making an aggregate, with the balance
ir the treasury on the lst July, 1859, OF
$75, 5,374,541 80 for the estimated means
of the present fiscal year ending 3Oth June
1860.
The expenditures during the frst quar-
ter of the presen: fiscal year were 50 .007-
ia 76. $4,664,366 76 of this sum
were applied to the payment of interest
on the public debt and the redemption of
the treasury notes and the remainder be-
ing 81 5,342,s sos, were applied to ordinary
expenditures during the quarter. The es-
tmated expenditures during the remaining
three quarters to June 80, 1860. are $40,
! 995,55S %. Of which sum So. $50 ,622.
"a are estimated for the interest on the
public debt. The ascertained expendi-
lures for the fiscal year ending goth June.
1860, on account of the public debt, are
accordingly, $7,55O,9ss 10: and for the
ordinary expenditures of the Government
$53.45l,744 80, making an aggregate Of
SCI. .O02.732. 90, leaving an estimated
balance in the treasury on the 30th June
1860, of $l4,3Sl, 1908 40.
The estimated receipts during the mex,
fiscal year ending 3Oth June, 1861, are
$66, ,225, 900, which, with the balance es.
mated, as before stated, as remaining in
The Treasury on the 3Oth Of June, 1860
will make an aggregate for the service o.
the next fiscal year of $sO.606,S0S 40.
The estimated expenditures during tht
next fiscal year ending 3Oth June, 1861
are $66,7l4,92S 60. Of this amount
$3,3S6,62i 81 will required to pay the
interest on the public debt; leaving the sun
Of $63,32S,3O7 As for the estimated or
dinary expenditures during the fiscal yea
ending 3Oth June. 1861. Upon these es
Inmates balance will be left in the treas
ury on the 3Oth June, 1861, of $l3 SOL.
s79 81.
But this balance, as that estimated t
remain in the treasury on the lst July
1860. will be reduced by such appropro
| priations as shall be made by law to carr
. irto effect certain Indian treaties durin;
, the present fiscal year, asked for by tn
|, Secretary of the Interior, to the amount o
$539,350, and upon the estimates of tn
5 Postmaster General for the service of hi
Department the last fiscal year, endin
. 3Oth June. 1859, amounting to $4,296,
r OO9, together with the further estimate 9
that officer for the service of the preser
t fiscal year, ending 30th June 1860. befn
! $5,526,324 making an aggregate of $I0
t SCI, ,6s3.
t Should These appropriations be made O
a requested by the proper Departments, tn
: balance in the treasury on the 30th Jun
l 1861, will not' it is estimated exceed So
= 530,196 81.
Q Transmit herewith the reports of th
? Secretaries ofWar of the Navy, of the II
terror, and of the Postmaster General
e Their each contain valuable informatio
: and important recommendations well wol
: thy of che serious consideration of Cor
e gress.
t 1t will appear from the report of th
n. Secretary of War that the army expeEG
q lures have been materially reduced by