Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1862-12-15
,rhe NationaIFinances.

The annual report of the Secretary of the
Treasury is by far the ablest document which has
vet emanated from any member OF the Admins
tratIon, from the President down. Its extreme
length precludes its publication entire in our
columns, but we will hereafter publish the facts
and arguments it contains, which possess general
interest In regard to the public debt he says
that it amounted. on the 30th of June. 1862. to
S5l4, ,2ll ,37l 90, something than was an
ticipated, and thus remarks:
But while the public debt. on she lst of July,
1862, did not reach the amount anticipated by
the estimates, there is no room for the pleasing
hone that the results of the current fiscal year or
the nexC, will exhibit similar proportion. On
the contrary tie estimate of the public debt on
the lst of July. 1868, heretofore submitted. must
now be advanced. in view of the unexpected in
crease of expenditures authorized and incurred or
likely to be incurred. to 81 .l22 29T ,403 "a; and
on the suppOsitiOn that the war may be continued
with undiminished disbursements until the lst of
July, 1864, the debt likely to have been then
incurred must be estimated at 81 ,744 6S5 $50 so.
In regard to the future expenditures of the
Government we extract the following estimates
for 1864:
The estimates for the fiscal year 1864, CON-
mencing on the lst day of July next, and ending
on the 30,h day of June, 1864, must. in the pres
ent circumstances of the country, be, in great
part, coniectural The estimates of expenditures
have been framed by the several departments on
the suppOsitiOn of the continuance of the war-a
suppo,tion which, though very properly as
sumed as "A basis of estimates intended to cover
all contingencies, is not it may be confidently
hoped, destined to be realized. The estimates
for receipts are based upon the operations of re-
Gently enacted laws, the working of which can
not be eurately foreSeen.
The estimates of expenditures ARE as follows:
For the civil list. including for
eign intercourse and miScella-
neous expenses, other than on
account OF the public debt. S25 ,0Sl $40 0S
For the Interior Department, In
dians and pensions. .......... 10 .346 577 Oh
For the War Department. .. 736. SOS .l46 so
For the Navy Department. 6S .257 ,255 Oh
For interest on public debt. 33 .5l3.o9O 80
For principal of public debt. 1884, ,SO4 l6
1895 ,4I3,le3 SO
To which sum should be added
the expenditures for which ap-
proDriatons made are est-
mated as remaining undrawn
on the lst of July, 1863. ..... 300 900 900 90
Making the aggregate of expendi
lures TO the lst of July, 1864,
for which appropriations are 4
made or asked. ..........l ,095, ,4I3.lS3 55
From which will remain undrawn
the probable amount of appro
priatiOns which will remain
undrawn on the lst of July,
1864. 64..................... 25O, ,OOO, 900 90
Making the true amount of prob
able expenditures during the
fiscal year. 1861 . .S545 .4l3, ,lS3 90
The estimates of receipts are as follows:
From customs. $40, 10000
From internal duties $50 900 900
From lands 25 600
From miscellaneous
sources. . 1900 600
Making the aggregate receipts
for the fiscal wear 1864, to lie
deducted from the aggregate
of expenditures. s............ 223, ,G25 600 90
i