The weekly sun. (New York [N.Y.]) 1851-1869, 1861-12-14

him 20 raise two hundrod and htty millions ID
dollars in divers Ways, tho Secretary proceeded
to realize as follows;
There wero paid to creditors,
or exchanged for coin at par, at
different Gates in July and Au.
gust, ak per cent. two years
notes, to the amount Of ...... s1l,Oio,O3i CO
There was borrowed, at par,
in the samg NOR tbs, upon sixty
days siA per cent. notes, the
sum Oi NEUTRALITY-SUSPICIOUS. lEio'ii'Ou w
Iherc WaI bOIrIwei, AT par,
on the i9,h Of August, upon
three years I 30 bones, issued
for the most part 10 subscribers
to the National Loan. ..,...... 6),0Oo,O)O 90
There was borrowed, ON the
LIST # October, upon like secu- ~.
Thtro WAS borrowed at par, for
seven per cent, on the 10Th OF
November, upon twonty years
ak por cent. bonds reduced TO
the equivalent OF scvens, in-
cluding interest. ........... 10, i9J,1'S "
There have been issued, and
were in circulation and on do
posit with tho treasurer, on
the 80 h Of November, Of
United States notes, payable oo
on demand. nd............'.... Ef'o'o'"S' W.
Making an aggregate realized
from loans ia various forms,
OF ''......,.....,...... lJ'i i-iE'o0o IN
While saCcoss thus complete has 80 lar At
tended the measures relating TO loans, the Sc
retary regrets tn say that tho receipts Of rcyo-
nue. from duties have no', as yet, fulfilled tho
expectations indulged AZ tho date oi his July
report.
At tho date Of his report, the Secretary
| counted on u revenue from customs, for the
hnancisl year 1867. of iifty.scvcn millions Of
| dollars but circumstances now constrain him 10
reduce this estimate TO s32, lVS OOZ oh
Tho estimates Of receipts from lands aud mis-
cellaneous sources must also be reduced rom
! s3,OOo,O 900 TO s2,35l, ,O62 ~, The only other
source Of revenue which promises an mlllloh TO
the resources OF tho year is the direct tax au,
thorized by Congress, from which, II Increased
IN the lint proposed y the Secretary AMI as
sumed ty he states, the further sun OF g2O,OOO-
0OU may re expected. The aggregate OF revenue
from all sources may, therefore, be estimated AZ
Sjl 552, 665 "A, which Is less by go, l4'5 53p 10
than the estimate OF July.
TINS reiuctlont howeyef tnongn '.rSo, wou", n,,
not nave compenei tne secretary 70 os asG & ",y
s'utl9nai powers Ior ,no hysoI,"l,'n ,t y, ha
pevohu tnose a'keu Ior III ,n h's ou'y n,
aPproprihtIons anu On
"i,nih 'ho sstla'Gs tnIn Iii ~ .".a,,iorod cor.
Ihrse sStIlha.es, " WI, 70 III Ja'ar,,Don,, and
teuPlaIe1 ca sPonUuuios ~ ~ ac IPas 10 hst AZ
LOT al oVJec,s 10 lne auiouis y, - ,,,.daS.,anJ
Inc pasis OIL lhe estimates was e'o int IN,
ng 'hat II Woulu oe neSosse ;ha rahsIiion wv
neiu, 10, tno supp' p'eo'.gn .IJ W ,.ol,n,aora' an,
nunuiou an. my ,,,"u go, hy Tho addi
W i''ivs'o ,"o So, ,a1,}ma9ts, makinl
uon i eIoNeu III, ,5o reynI,T arm,
uIHi lorvo oh nT aSout three hundrei
.La".y MLIcy y, ten At,or .sIimat,, for this force
Ia Laan G'rnisbad the President Thought Il
e~ncdien, In order 10 make the contest shor
II Joci.i,ya 20 at Conyress IN pl,c, NJ In,
coutrI Of tho Goyenment a, least four hundred
tbousapd men. ami fur hundred millions o
d,iIars In the number thus called for the re-
r,,lars were Included. Congress, animl'ei b,
| IL. sa,ra dss;ra far "A short and decisive contest
vont Lcvond IN A Recommendation of tbs Pre-
IIant snJ autbo,i, ,ad The accentanc. of yo'pn
,aors In such numhers not exceedinp five IA IN
J,od thcusanj ma Inc night deem necessary.
Tha Secrotarv anions retrenchment AMI 70
a,m in ali unnecessary expanses, thinks tn,
n,onsrtv Of the rebels should hello 10 ply tn
asi 81 ihc war and intimates that IL on int I,
I,o con6sc,,sd and sold for this purpose.
w s,,,,s., -. - - ,o,,
lie proposes an auuiuonai LeN enuo VI ~ o1ns ..
per pound on brown sugar three cenls on Gay .t
gu sugar tnenty een's poI Pga PyiN 'a 20 tLa, n,
and hve cents per pouhu on M Soneo anu that ~ ~
other alterations OF the tariI DC niue uuLlns vi
present session OF congress, unless IuI'Io I oA
perence or changed clrcumstances snail aennVh
sTate the neceS Slty or eXpediehey OF tnen. ~
, considerations ol prudence ana paiIolsm' ~
adds seem 70 concur 9 n iaVoI o. snS,%g 20 ,n