, 1862-12-03

rity and convertible always TlLn CON, Woulu | b
giscious Currency, and facilitate commerce by q
tap end safe exchanges. moderate 1aseT, il
yation from the jnssrest on the bonds would Y
the United States Tor the Prepara- I
tion and distribution OF The notes, anda zen, II
eral supervision OF the system, would tighten \
tire burden Of that part OF the pubic debt q
employed ag security. The public credit, h
moreover, wou1d be greatly improved, and c
The negotiation of rev looms greatly Iaclhta.
ted by the steady market demand for govern
meut bonds, which the adoption ct The pro ,
ucsed systeu wculd create. It is IN atdl-
tioral Recommendation Of the measure, OF con.
siderable weight in my Judgment, that II
ine interests bY the opportunity offered to eN-
istiug institutions for secured uaffor.n ma
t7onai circulation in place of tue local and va
r,ous circulation, secured and uosecafeo, now
Issued by them.
TIE TREASURY EXHIBIT.
The receipts into the Treasury from aN
BUREAUS, including loans and balances from me
preceding year, for the tiscal year ending On
The 50th OF june, 1862, were:
RECEIPTS. |
CnEtams- ---.....-.- "...- e9G35'a5!.9s
Direct ........................ 795 .33l .7s
Public lands ...-....-....-...----.s 1os-SV3' -
fe,us In vi forms ........ .5a' 81, ,5605!l
-.oos.eoo'@4t.oo
The disbursements during the same period |
| Here: .-..---
| For Congressional. executive and ju- ,o 49,, ~,
dicfal purposes @5,s ssaTy -
For foreign intercourse ........:.;. 1.:3o7le55
For miscellaneous expenses. 1Ilcl'1d-
| iu.. the pfnts. loans, poStotlce &C.
fjciencies, collection Of revenue,
and other ehl7y1s l7,l"5.ttl.ou
For expenses Under the Interior De- :,
rPRarr Rat.Tthnn1w tie War Department o5.55
| Jnder the Navy Department :.--... Y s6ls 5sa:9
| For interest the public debt 13sl3o,S2473
| For the payment Of the public debt.
including reimbursement Of TEN" oc cos no 40
po,ary loan aud redemption $3.50. 9S,o959'3 W
; Total .........,.....-.-......-: 57osti. .7oo.25
Balance in the treasury On the 1st nm .,, =,
day Of July, 1862, --....-....'..'' 13o47'4so o.
It should be observed that the sum Of
SOC, ,O9G. .925 % expended for reinlbursenents
| apd-redcmption OF the pubhc deot pelhg y
cludet also in the leans made, may properly
4 be deducted both from the receipts and tx
5 ucndi,ures, leaving The actual receipts lor ihe
wear $A@7-7S@. .J24.o7. end the expen'
ditures, &A7 .7s9. .4G- otnes lnsof.
nation on the subject ot TIE 1naaees WI +bs bs
;s Treasury, to whose statements and views
# invite your ulczt candid and considerate at
T. wAR AND NAVY REPORTS.
The reports of the Secretary OF the Nav,
and War are herewith transmitted. Thes
reports, though lengthy, are ecarcely NOR
. than brief ex{5ac,s Of the very numerous an'
II, II, extensive transac1ions and opsta5.ons COT OF
ass I give d summary of them here upon any pf1r
ou c;6le which would admit of its being mac
-, shorter than the reports themselves. >,
~ therefore content myself with laying tn
- reports before you, and asking Jotr assens1o
w. to item. --....-n...a
It gives me pleasure to report decided IL
proYen1e11t il lie financial condition OF :!
my Post Office Department as compared HlLn u q
For several preceding years me reeelptS lot ,,E. =
OF which embraced the revenue f.om ~ stat
sd, OF the Union for thrs c-quarters Of TINT yes
oon Notwithstanding The cessation Of reTsn
ced from the socalled Confederate States curl
and prudence of The loyal States has been SUI
lies cieat TO produce revenue during the sal
uch gear ct S, ,aao9, 5000, being only s5u,t
less than was derived from all the Sta1
ned of the Union the previous yearS; yS .-,
lout The expenditures sheW q still more y taFo
ent, b}e result. The amount expended In i
ami vas s13:G06, ,7S911. For the last year
$ as amount has been reduced to 81, II 5 ;56a 36d
cred showing difference OF shout 1,coo
}sm ceatne Tear or about S. as compa
Sen with The fiscal year Of ls6o.
por- The deficiency in the department tor
Tito- previous gear vas 81, ,551 .9G6s for tne e
lual. fiscal yaG it was 5edncea 70 ~ tnnT .sina
tries thc cesaRtion OF mail conveyance In the IN:
from reetiouaff States, and IN part TO casaal
siged view of I'll expenditures in that departm
} say | in the interest OF economy.
mia EFF1CIEScY-PosTALC CONVENTION.
tie to The efficiency Of the postal service it is
, vii ,;o..ad has alsn heer1 much improved.
! De- Postmaster General also opened c0fras]
wing, dence throngh The Department OF State,
ented Is Enr..;1, ~ Enyerrments. proposing Con
A1es' tion Of postal representatives. aor ane paa
! q DOS
and to expedite the fo.eign mails.
Il, the pronosition, equally important TO our 20 o
y has citizens ano TO lae celuius.s rtJ n+ar+s
lerc!al This country, has been 1avoEao5 snser4a
= ana ! whom replies have been received. | ass
r. tba sttenfion OF Congress to the suggestion 6
,Tovc. Postmaster General in his report fespes
lad to tie further legislation required IN MS op
Iations for the benefit Of the postal service.
rInnal DEPARTMENT OF TIE INTERIOR
! and The Secretary Of the Interior reports 8
md the lows IN 1egard to pubic lands:
urbei. The public lands have ceased e. 70 oe soI
to be revenue From the ~ q Sns 1eo.s ~ ny M
na and septemoelt ieos, .s a sfs7 ~ SIa s1m
less than the expenses Of onr land system
" T6e bomesIead law, which viii take eff
ot ony the 1st Of January next offers snch lndaeet
us With settlers that sales for Cash cannot be e1pee
mt but an extent sufficient to meet the expenses
e been general land Office, and cost Of snsFe571
enter 6zlngng the land into s;, .kes; the snns
/
sty X anu etated as arising from the sales ofpubne
}lies to anu me sals w. T+sae11v nanartmant
aer ~ as { understand, from the fact that the
sranada of time, though apparently, were Iot
;toJ anti co1ncident at the beginning point;
~ ,.e0 Hu Treasury report includes conslderao
.aS 5ou nnw WHICH had previously been 1eporte
eh,s =, the Interior sufficiently large to greatl
mission reach the sum derived rom n me M lnlee :.
,nh1;r ~ | now reported upon bJ the !nteiaoE, q
nd snh- by the treasury Department.
TEE ISD1AN VAR.
This Indian tribes upon our frontier
ting the during The past year, manifested :
atIsntic insubo1dinafiou, and, at several pol'
tend The Gagged in open hostilities sgalogt tn
nect by settlers in their vicinity. rs ttloE7
- thsf5s | ing the Indian country south 9f "a,
nounced their allegiance to the United
npne' md entered into treaty with the inst
Those who remained loyal to the
ties, with States we're driyen from the country
aimed nn- chief Of the Cherokee6 has E1slted tn1s
? are ex- The purpose Of restoring the former 7
as justi- | Of the tribe with the United states.
them will | ieees that they were constrained oy
anizea as | force to enter into treaties #atn tn
tted into gents. and that the United States neg
furnish the protection which their 81
i some Of REQUIRED, ...--..--
eloped as TIE MINNESOTA MASSACRE
thst d1rec- Tn the month of August Last, Il
lprove the Indians IN Minnesota attacked
m1nlsh the tlers IN their vicinity WITH
ferocity, killing Unfortunately \
n. men and children. This attack va
,s1dera6on unexpected, and therefore 70
rss F. to no had been provided. It is estimated
Tie meas iess than 500 persons were slned y
,kely to be suE, and large amount OF properly
ii he n mia. m stToyed. How this outbreak Was n
nth n a view not definitely known; and sasptcaol
home and may be unjust, need not be stated. r.
ch eannnt Information was received Dy the y
- reauefro1n different sources, anont
hostIlitiea we're commenced, that 8
Gus attack wns to be made upon
will claim settlements by all the tribes between
The vast siesippi River and the Rocky Mount
Military and TIE State Of Minnesota has suite
injury from the Indian war. a larE
n met with Of her territory has been depopnlat
1al IN SINH severe loss has been sustained oy fn
; credit hss Ion ct property. The people Of
msnifest much anxiety Tor the reme
IN, t1i5es beyond the limits OF the
;,vavar and easrautee against future hostihties. e
IL 1,acsaaa @ The Commission Of Indian Atal
be field, de- nlsh ioll os'"'ea*