Pomeroy weekly telegraph. [volume] (Pomeroy, Meigs County, Ohio) 1860-1866, 1862-12-12
raj supervision ofthe system. and would

steral supervision of the system, and wou
Tighten the burden of that part uf II
fpubllc debt employed as securities. TT
lpubiic credit, moreover, would he great
SIimproyed, and the negotiation of ne
! loans greatly facilitatedsby the stead
Z market demand for Government bond
which the adoption of the proposed syl
4 tenn would create.
1t is an additional Recommendation I
4 the lme easareY Of considerable weight,
skIny Jndgment,y that it would reconcile, q
8 tar as p ossible, all existing interests, b
4 the oPpprtu nifty offered to existing in
4 onss to reerganixe under the ac
tifuting only the seemed unifor,
iesla tIod for the local m
@yaa iees tiofs secured aud unss
The receipts into the Treasury fror
faiEsources, including loans and alamo
from the preceding year. for the fisca
year ending on the Both june, 1862
were $3.50, 8S5, ,247 O6, of which sun
$40 .0o6 ,397 62 were derived from Gus
toms; S1,795, ,331 rs from the directtax
from public lands, .S152, ,203, n; from
miscellaneous sources, 1891, 1879 64
from loans in all forms, $529, ,692, ,46O4 so
The remainders So. PSI. .065 S0,, was tht
balance from last year.
The disbursements during the same
period were. for Congressional, Execu
tive and Judicial purposes, So, ,939, ,00s,
~; fer foreign intercourse, 81, ,339,710s
80; for rliscellaneous expenses, inelud,
ing the mints. loans, postoffice defcien
.ties, collection of revenue, aud othe,
like charges, ssd4.l29,77l SO; for. ex-
penses under the Interior Department It
So, l02. 995 52rupder the War Depart,
nieut, 1891, ,36S,407 SO, under the Navy
Department, $f2, 2,674 $50 80; for inter.
est on pnblie debt, .S13, 100. .324 40; and
for payment of public debt, Including
reimbursement of temporary loan and
redemptions, S96. .0o6 .922 09; making
an aggregate of ,S57O, sl1, roo 25, and
leaving a balance in the Treasury, OF,
the lst day of July, 1862, of sl3, ,O43,
546+ 81. lsa..ss 49,.
1t should be observed that the sum
of 500, ,096,92 09, expended for REIN
burseineuts and redemption of public
debt. being included also in the loans
made, may be properly deducted both
from receipts and expenditure leaving
the actual receipts forthe year, SI87,-
7SS, ,324 81, and the expenditures Sl74,-
16. -
Other Information on the subject of
the finances will be found in the report
of the Secretary of the Treasury, to
whose STATEMENTS and views I invite
your most candid and consideratesatten-
lion.
The reports of the Secretaries of War
md Of the Navy areshercwith trans nit,
90. d.eT hese@Fcposts, sthoush lengthy,
ire scarcely more than brief abstracts
If the very numerous and extensive
and operations conducted
through those departments. Nor could
give u summary of them here upon
my principle which would admit Of it's
,eing much shorter than the reports
| therefore content myself
With laying the reports befure you, and
skiing your attention to them
!. 1t gives me pleasure to report a de-.
ided Improvement in the fuancial con-
itlon OF the Postofice Department, as
ompared with several preceding years.
he receipts for the fiscal year. 1861
mounted to SS349,29G 40, VI hich EN-
RACED the revenue from all the States |
t the Union for three quarters of that
ear. Notwithstanding tie cessation OIL
eEenue from the so o.callcd seeded |
tates during the last fiscal year, the
lcrease of the correspondence of the I
'yal States has been sufficient to pro
uce Il revenue during the same year of
:, S,299, $50 80, being only $4,000 less
han Was derived from all the States of |
'e Union during the previous year.
he expenditures show a still more
ivora BILE result. The amount expended
1861 was S13,606,759 IL. . For the
st year the amount has been reduced
, Sll, l2o .36+ l3, showing decrease
! 81, ,4Sl 600 in the expenditures as
'mpared with the preceding year, and
bout s3,750,0 600 as compared with the
seal year 1860. The deficiency in the
epartmeut for the previous year was
|. DOL 966 50. For the last fiscal year
was reduced to S2,ll2,S14 81. These
yorable results are in part owing TO
e: cessation Of mail service in the in
Irrectlonary States, and in part to a
retul review of ali, expenditures in
at department. in the interest of econ
ny. The efficiency of the postal SER
ce, 1T is believed has, also been much {
lproved. The Postmastcr.G General has
SO opened a correspondence through /
e Department Of State, with foreign
Dvernnents, proposing convention a
postal representatives for the purpose |
simplifying the rates of foreign post I
e, and to expedite the foreign mails. t
lis proposition equally important to
r adopted citizens, and to the com
ere'al interests 6of this country, has t
en- favorably entertained; and agreed \
oy all the Governments from whom
Plies have been received. ,....,5 P
l ask the attention of Congress to-
e suggestions Of the Gen I
al nliis report respecting the further $
sllslation required, in his opinion, for
benefit of the postal service ,.# t.
The Secretary of the Interior reports t.
follows in regard to the public lands: c
'sThe public lands have ceased to- be p
source Of revenue From the 1st C
ly, 1861, to the Both September, 1862, l
, entire cash receipts from the sale of 81
Ids were S137,4 ga sum much p
S than the expenses of our land sys- "
u during the same period The p
mestead law, which will take effect on a.