The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1862-12-06

sncwlrdsed 70 bs ths bsss ID safsys safeguard
ac.reulation O Un,ssd staa notes. psyabIs d
com. aad suitieisntly lsrss ~ the wants Of tie
nsIpss,n nSIIS ose % psrnsasaay ssfuay. and sassy
Il thees thsn;s ;ssuv other moh IN which N. >.
eessesy Fuvsion for d epuhlis wsnts can be made
s.cs. s.c " srsss :dvsntass of 80 and uniform
Isaow q noAs which pronIllls 40 certain result.
osgsni.aatod Of bankinx assoei oos, under rsnsrsI
act q Congress-. We'll guarded g lts provisions ia
such associations the 0oyeIntHent might furnish
c,scaiat,ne nots. on the ssonl1fZ Of the United
Utaoes bonds Deposited n IL Treasury. These
notes. prepared under the su5ervislQn Of proper
omeers, being iiorm In sppelbnnce And securitS.
ana convertibae always into elm. would at once
protect 'abor against tho evils vicious currency
ChaoRes y 7'sssFss
moderate reservation ftum he interest on .hs
bonds would compensate the United States for the
preparation and distribution bf the notes, and q
general supervision OF the system, and woufd
ilshtsn the burden Of that partof the public debt
employed - securities The pablo credit, more.
over. would be greatly improved and The meg otis-
on OF new loans greatly facilitated by the steady
adoption Of the proposed syasm would create
II u An additional Recommendation Of tho mea
sure, Of considerable weight. inmy judgment. shat
u Woula reconcile. = far ~ p1sgibls, all existing
situsons 70 unS3s h, sos subsss.a 81 ,1
only tho secured uniform nasional circulation for
the local and variods circulation, secured sad un.
secured, now issued By them.
The receipts into the Treasury from all sourea,
including loans and balance from the pressing
year, for the hcsl yesr eudlng on the Goth Jane,
1902 were $3.50 49,, ,2l7 06, of which sum si9Os6
9762 were derived from customs; el, ,195 33l 73
from the direct tax; from public lands 3i52 2u3 ~;
from miscellaneous sources s93l 7s7 81; from loans
Ia all forms, Sa29 CO. 460 50 The renander.
~ s1S7,6J0 80 was the bs'snce from last year
The disburse ments during the same period were
for Congressional, Executive. and Judicial pur.
poses, S5.9 - cog 90 for foreign intercourse IL
339. 7lO IS for miscellaneous expenses hciuding
the mints 1osns post-ofics def ,ienc,es, coscticn
OF revenue, and other like charges ols,lD I'll 50;
TOT ios 1 expenses under the Interior Depar,nsnt 81,
l02. .9S5 81 under War Department, S394 3ss a07 3s
dnder the Navy Department, 81. .,674 5e9 50, for
interest on public debt, Si3. go t2445; and for
payment OF public deb,. inclu ing Reimbursement
temporary loan, sno redemptions, 600 Orc 929 o.;
making an aggregate Of eS7 "a 700 49, md leav.
Ing balance i'll the Treasury on ths fist cay Of
July, 1862, of Sl3.o43 5a6 81
1t should be observed that the sum of e96 096,
cy, expended Tor reimburssr,eats aud rsdemp.
ton Of public debt being included also in the loans
made, may be properly deducted both from receipt =
and expenditures leaving the a.tual receipts Tor
tee year s4s7, zee 3z6 81, snd the expenditures
Si7s, ,744,77e.. .6
Olher information on the sabisc. Of the finances 0
will be found N the report of the Secretary Of tne
Treasury, TO whose stsements and views / invite
yons most candid and cousiderase attention
The reports VI the Secretaries Of War sud cf he
Navy arc her with tracsnittso Tsaga repprgs
though ensthy. srs scarcely more than brief ab
stracts ot the vary nume' Gus and extensive tran
ssatioa5 and operations carouutsd through those
Departments aor c-uid give a sumuary of
thesn here UPON any pria ipe which woud admit
Of its oeips much shorter .nan hs re5orts shsr1-
selves therefore 1ontsnt Eayself with laying the
reports before yoo and asking yodr attention 20
them
Ii gives me- pleasure to report decided improve
meut in the financial condition of the Post Once
Department a. compared with several preceding
yesrs The receipts fer ths asca year 1861 amount
90 to ~ ,34s, 1904, which embraced the revenus
from al The Status Of the Union for three quart
for that year Notwithstanding the cessation Of
revenue from the ~ called seceded States during
the last fiscal year tbs Increase o. The corraapoaa
enoe OF the loyal States has beea sufficient to pro
duue d revsnAe uusiuy the same rsar of SIS 9l9
go 80, being only $50 600 less than was derived
from ell the States OF the Union during the pre-
voos year The expend lures show stil more IA
voT&ble result Tne slnouns expended in SCI was
500 l59, IL. For the last year the amount
q decrease Of aboui O.. ael 900 In the expen
dtturas Is comp red VITA the preceding year
and about S3,750.00o Is compared with 'the
hsosl year 1860 The deficiency In the dspa.s,asn,
for lhs previous year was 81, ST. g66 s8 70, the
last fiscal year it was reduced 20 - i42 8i4 81
These favoraols results are In part owing to the
cessation of mall service Ia the insurr. ctioaayY
states, and iu part 70 q careful review OF all OK
pee iitures In that department in the interest O
economy. The efficiency OK the postal service, i,
IL believed has also been much improved The
Postmaster General has also opened q correspond
encs through the Department of State, With for
eisn GovsrnID snis proposing convention of pos
tai representatives for the purpose Of simplify ing
the rates Of foreign postage and to expedite the
foreign malls This proposition. equa y importan,
to our adopted citxens and to the commercial inter
o,t, nf hia Utr rah M r%uo
ed, and agreed to, by all the Governments from
whom replies have been received.
ssk the attention OF Congress TO t 9 suggestions
of the Postmaster General ia his report respecting
the further legislation required in his opinion, 70,
the benefit of the postal service.
The Secretary Of the Interior rep0rrs a. follows
In regard to the pubic lands:
THE public lands have ceased to be q source OF
revenue. From the st July, 1861, to the 30th Sep
tebsr 1862 the entire cash receipts from the sale
of lands were 9i37 476 ga sun much less than
the expenses Of land stem Gn, ing the sans
period The Homestead law, which will take effec,
on tne lst of January next offers suen Inducements
to settlers th bales of cash cannot be expected
an extent sufficient to meet the expenses of the
Geusra Land Office and the cost Of surveying and
bringing the Land into market"
Tn, discrepancy between the sum here stated ss
srisng from the sales Of the public iauGs, and the
sum derived from the same source as reported from
the Treasury Department. arises, ~ I underst and
from the fact that the period Of time though ap
psrently we're not really, coiacisnt at the begin
ming point-the Treasury report including a con
siderable sum now which had previously been le
ported from the Interior-Euf6ciec ctly large tC
greatly overreach the sum derived from the three
months now reported upon by the Interior, and no,
by the Treasury.
The Indian tribes upon our frontiers have. durtua
the past year, manifested spirit of insupordina
ton and at several points have engaged in open
hostiities against the white settlements in thsir
vicinity. rhe tribes occupying the Iadian country
South of Kansas renouuced their allegiance to the
United Statss and entered into treaties with the
insurgents Those who remained loyal to ths Uni
ted States were driven from the country. The
Csief of the Chrokess has vsitsd this city for The
purpose Of restoring ths former relations of the
tribe with the Uniei States He alleges that they
were constrained superior force to enter intl
treaties with the E2surgs:.ts and that the United
States neglected to furnish the protection which
their treaty stipuasio-ss required
In the month of August last the Sioux Indians
Mnuetoih attacked the settlements in their vicin
i:v with extreme ierocity, killing md, cri,lina.siy
unexpected, and therefore. no means of defeuc,
had been provided. It ID essim ated that not lesi
than eight hundred peTsons were killed by the Ia
diaus and large aMcunt OF property was de
stroyed Row tins outbreak wss induced IL no
definitely kaown, and saspicions, which msy b,
unjust, need not be stated. Information was re
csiyed by the Indian Bureau, from different sources
about the time hostities were commenced, that
simultaneous attack was tc be made upon the whit
settlements by all tne tribes ostws en- the Aissis
sippi river aud the 4 cky Mountains The Stat
! Of Minnesota has suffered great injury from thi
L,dian war A large portion OF her territory Ia
been de populated, sna = severe loss has Deen sus
! tanned by the destruction of property. The psopl
! OF that Sta,e manifest much anxiety for the r.
moval Of the tribes bsyondsh the iiniss OF ths Uuse
States ~ guarantee against future nostli isA. =
J The Commissioner Of Indian Affairs wiz furnisl
! full defailH
submit for your especial confederation whethe
our Indian System shalt not b. rsmodailed. Nam
| wise and good laen have Impressed me with the b