The Chattanooga Daily Rebel. [volume] (Chattanooga, Tenn.) 1862-1864, 1862-12-10


able. as ihe organization OF banking aksocia-
tons under the general act Of Congress. we'll
guarded IN its ffdvisions To such associa-
tions ihe GovefhniSlst mght furnish circniaf-
ing npfes. on tiIc secesrity Of the United states
bonds deposited IN the treasury. These notes.
prepared under Tie supervision Of proper or
heers beng unIforn in appesrance and seeu-
rlty. aud cohyertible always into coin, would
a once project labonf against the evils Of a
Nicions eurreiiqy, and facilitafe commerce by
cheap ard safe Exchanges
T A moderate reservation from the interest
OF llle bonds wpnld compensate the Uni,ed
States for the Treparnfipn and distribution Of
ne notes, aud general supervision Of the sys-
TEN. and would lengthen The harden OF that
part pf the pnlIlir debt employed as securities
he public credit nJoreover wonll be .greatIx
inl rived. and the Negotiation. OF new loans
greatly facllit&ied by The steady market de-
niand Tor GoveEnnent bonds which lie adop-
lion sf The preHossd sssiem would create.
II Is an additional recommendation ofthe
measure, Of considerable weight. in my jHig-
nlenf, that II wl6nld reconcile. a. far a. usssi-
lie All existing Interests. by the opportunity
offered 10 exs9tin< institutions 10 rerrganize
pHder The act. substituting pnly Tie secured
fnl4rn natJoIlal circulation for the local and
various cirguldtiohs. secured and unsscn-ed,
now ISSUED hyifhem.
Tic Teee pts info the Treassrr from AZ sour
ceditg year. idr the fiscal year ending on the
39tiE J1;hc. ls6z were SIS. .sS5 2l7 06. or which
ls'mla9l0p6.59 .59T 62 were derived from clsfbms:
l.193. .y3i 73 tfonn the direct tax: from pablic
lands 52203 -; from miscellaneous sources
93l Fss 81: from loans in al forms. $40 co.,
800 A30' The Fernainder 2,25I, $50 so was the
Iiahlec from last year.
The disbursements during the same period
were for Congressional Executive. ami Judi.
a. al flurf e.
gcoHIIse 81 33h7I0 30; for tnisce !lanedus ex-
IsenScs, including the mints loans. p,s, Office
def4iences. cdliection OF revenue. anil other
ilikeEchh.ges. 81. .l29,77l 5D: for the expenses
'lndfr the Int{fisr Department. S3.I02.9s -;
undfr War department. Ss94 .36s 407 Sc: for
iinieEest on pnlDlic debt. 81 l3590324 As; and Tor
pay fleht Of pfilllc debt ineiulling renl,nrse-.
stnei;i of ienfi fItsIY loan and redcmpiiaHs SEQ
096P22 09: making m aggiegate : $57DS4l-
700 p. and leflying haiance in the Treasury
on he first ddy ef July. lS62. .pf 81 0i35f6 81
if Should be observed that The sum OF S95-
9969 92R %; efpcnded Tor iabursome.,,s and
rcrSmhtioll oil i4sublc debt. l,eisg irciuied also
r. the loans nlfice. NAY he Iirhneriy deducted
I Po;f ffem recsipis anil oxfeD.iiinTez. Icavinx
kshr acin nal ref4ipis Tor th4l,car SsSf7sS aa6
+ s.. anil TIE + tFei.tliirrcs. St7tsI4. .ssslG.
+ THE BTstSEss or TiiE pKrArl ,5,:Srs
/ I2fnrmasit.il On the sulEeet ofsfhe finances
wii II ioui3dl ia slc repnrt OF the SseE.flsy ef
ihel HeassaFF fp el.ose stafereafs sild Ficv-
H3si;e yonF ESosi candid hnll consideraie. A.
4iae relseafI hfihe sAsre sstt Svhr d. III
tieI My arb herewith itzEsmsffr I.ess
ier3rlz th4,lsh e Gihv. .ir scarctlv mo-
Eish llfei h4rss.s * tse rer : nam sr.,,,s ard
s. 1ikn.ivc sTst+aetiarE al operations cor-l',e.
led through t5o4e dsl sl.aFfneills, Nor csnll I
Exe : spaitJrYla al them i4ef ,411on any ,lripci
f'.ei s hien wAF.f aiiiit' isi its bei5r lrnn-j,
shaFtsr iiian He reports f4oIpselyes shcre-
ikoif o.'n;ent hiysef with laying tbs repo. +
be scTe you aid asking yoiir attention ts tlsetn
Il II gives rfiiieaslire To rerori d@c;lied i'm
spi 9vSin-nl iil the fs,sncidI condifien of ,br
iPo.toiiice Ilhi ariEnert, as olnpared Wit, sew
lrEsl r-ecedEiIS years The roporss for tie
lIFscsl year is1i amounted ;P s.34929s 10 irhica
-iensrac-d thd drevcAHc from all tie States q
lihs Unica fe tkreo quarters d tiiat vsa-.-
II q tha al1fg theccsfaficsl cf Re, snas from
1.-the sn-eslle secrdeli Sfalesi during tie l-st
fiscal year tls increase sliise correspo.idence
5lof the ayal States has bsqn safic;esit ts pro
IdaEe roFsate during IA sasne year II ). .299 /.
-llozn sp. bshgcniy $4,000 less than was sleri-
lIveh rom al ht.ie States of the CHian dunn,
the IFevlo'is year The exnendltEre show a
lst' .k more ihVpr@h'e resnlk The amount CT
,lpended in lsPl WAS l3-e16.75g II. For the
Hast year HE arnount has been reduced to I :
.ll25 3pf l3, showing adecreass Of about ISL
li64o u ZIG exienaiturcs As co~parstl with the
iiPrecelir yekr. and about 5 $50 600 a. com.
lpa'ed wthliie fscaIye ls60. The deficiency
Ain the tci'AFihlent for The Previous year wa
'Si=.l5l 96S eS For The lsst feel vcar IL r ~
i.rei.n4ed 10 f2l{2 ff4.5a These favorab.c
ire SsiEs arc inpart owing to The cessAion o:
;Inal service IL ihS iRsurretiihnary Siatsr. anil
lin All tp . chretnl revisv of expenditures
i'm ti4, d>prtmeni ia the interest of cc5noray
Tie effeiesct 4 The postal service 1t is be
Lies esi hts lso been much improved The
PosiIis a ter General has also oIscned c.irrs-
spaaaenFc ihkargh the department. al State
lIwiih forflEa t;sxe is'nsfisI proposing = coa
HveAiihy fii pokial representatives for the psr-
pose Of Firis y iixIug tiie rates Of fotsign pcs
lI5are1 1aaf 70 dxpediatc the foreign mails THIS
lIIrropfs iEon dIualiy inporthfit 10 our adopted
lct zens and 10 the copm-fci;d infsrcs o! tsis
,leohntry, has been favorahl, entertained. and
.4asSeed 10 bxHll the Go verfrents from whom
REPLIES lkavs been received.
81 ask kas attention. OF Congress 10 The sus
AgeRiipnS Of tfie Postmaster General Ia his re-
tpoft res Jees hg the fnrtherIeg isatiou require
II he obinlosI f5F The bensil Of The pos1ll scr
viee.
7iIr TluBLIc 1Akps.
PILE Secretary Of iInterinr tepor.s rs follows
mi seatd ollie pul isc lsliG}
+lbe bubble lhnls have ceased 10 be a source
! Of rsyeEAt FEoinIthe lst pf July. ls6I. tn
iAt 30,I of Septenber. 1852! the entire CASH
!, Tefeipi4 FROM tie sale OF lands were SI57.47t
2ta sIini much less thar tile expenses OF oiir
: ard sNststil dItring the same perioa The
/. Homes lead aw wls.ch will take eleetson the
: Isl 5f laisnAty next offers mulch insiucernen,s
I oseitl4 slh4t saes-o cash <annof be cxpecfcd
| solsn ftett krifciert 10 rleef the expenses oi