Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1861-12-20

further ard important advantage to the people ma,
be reasonably expected In the increased security " tho
Union, springnR from the common interest in is preser
'aon created BY the distribution Of It's stocks IN assoe
atoms Throughout the country The basis Of their citcu
To obtain clear understanding of the amount for
which Il will become necessary TO resort to further loans
u Is requisite 70 review the financial movement u tho
treasury during the whole " the last aud she first quar-
ter OF the ent fiscal year and compare somewhat
more closely Than has already been done the probable
wants and probable of the government or ihe
remaining three quarters Of the current and the whole
In the July report the Secretary submitted detailed
settlement n part estimard. showing the receipts f1r
lhc last d'ca year, erdng the Both Of June lS3l
including the balance in ihc treasury At is commence
ment, u have been SS6 u12sgi 50 and the expenditures
90 have been sst 3752is 10 and the balance to have
been g 3j5 63j o. Actual show that the re-
repts ncluing balance were $50 s3j 30 II; the OK
pcndturcs. S5i57S s3i iSi aud the balance Sk251,-
S6j 80
For the first quarter Of the current hscal year com
mcncing lst July 1861 the receipts aud expenditures
are ascertaned. and for the remaining reequarters,
ending 3Oth June 1862 are estimated as follows
For the lst quarter. the actual receipts
from customs lands, and miseelane-
s22i7 Oej 81 were so,'Oo,73l "a
,i@n'cd receipt. are 27ooo.ooO 90
To these must be added the
amount realized from oau- in all
flrms prior to December l. 1861, as
already stated. 1922 5ss "A
Ana there must be added nlse the
amount 20 be realized from additional
loans already authorized, 75,Ao.e75 90
Aud there must be added also the
amount anticipated from the direct
tar, 10000 900 o.
Making the total receipts 32g 5ll ,g9I IS
On the other hand
For the lst quarter the actual expendi-
were sos 239. 133 %
For the ~. 3D. and 4th, the estimated
expenditures. under appropriations
already made for public service, in
Guiding civil list, Interior, War and
Navy Departments, and public debt
and interest are SO2,O35.76l 81
And the estimated expenditures under
the addiiiond appropriations now
asked faf are
For civil service and in
creased interest, Sj.IG8 f3S 90
Aud for the War and
- sItalao s27, 70
Making total Of actual end estimated
expenditures under existing and asked
appropriations Of s543 400 .i22 o6
From which deduct actual and est-
mated receipts as above stated 329 sol ,99i IS
Making an apparent amount Tor which
recourse must be had TO loans S2l3,904,427 @,
Iii. to be observed. howcyer tha, in the amount cst
mated for expenditures Sl2S72 39S 50 is cstimeted 70
public debt, payment Of considerable part Of which vii
not probably be emanded, and that some expenses an
estimated for which may be rctrcnched; so that th
whole amount Of loans required. Ia addition TO tn
amount already authorized, will certainly not excee
S20lO00 90
1872 and ending the 30h June, 1868, reliable est
mates can be made II is earnestly 10 be hoped and
The judgment 90 the Secretary without snfi reI
grounds, that the prescut may be brought to a.
spicious termination before midsummer. In that even
the proyisiin 81 bv taxation, which he has
commended. vii amply suffice for all financial exgei
ces, without osurt 70 additional loans and only
but will enable the Government begin at once the u
duction of the existing debt
l. is the part Of wisdom however, to be prepared +
ali evenualtcs and the Secretary. therefore submit
the estimates of the several departments Tor the f4c'
year s63 based the supposed continuance Of the
as iulluas:-
The e ima'ed expenditures
I For the civil list inck,dng foreign in
ieroour-c and miscellaneous expenses
other than on account Of the public
! debt. S23 Os6 oJi %
For the Interior Department, indians
ami rensionsl 4,lO2, 1862 90
For fhe Wa Department $50 l5g Os6 a.
For the Navy Department 45Ist9g4 is
For ire pubic debt
.edsmR'ip s2.sS}.36i n
Interest bin debt c0ntra ettd
before Isl July, 1859 1892 .69042
Interest ou debt 10 be cun-
iractcd after lst July.
1862 10000 900 90
AZ s26,O6O 50
Making an aggregate of estimated ex-
Ifftfr Il gu1tu