The Hancock Jeffersonian. [volume] (Findlay, Ohio) 1857-1870, 1863-12-18
FINDLAY, OHIO, DEC. l9, 1853.


i United States, we must he prepared
to do justice to foreigners. If the
existing judicial tribunals are made.
quate to this purpose, special court
may be authorized, with power TO hca,
and decide such claims of the charac.
ter referred to as may have arisen un.
der treaties and public law. Con.
ventions for adjusting claims. bv YOU,
commission, have been proposed tc
some Governments. hut no definite
answer to these propositions has vet
been received from any. In course
of the session, / shall probably have
occasion to request you to provide in.
identification to claimants. DEGREES
Of restitution have been rendered and
damages awarded by the Admiralty
I Court, and in other eases where this
Government may be acknowledged
to be liable in principle. and whcr,
the amount Of that liability has beer
ascertained by an Informal arbitra.
ton.
TAXATION or FOREIGN CoNsuLs.
The proper officers Of the Treasur,
have deemed themselves REQUIRED by
the law Of the United States upon tho
subject to demand tax upon the in.
come Of foreign consuls in this couu.
try. While such demand NAV not
be an iniraction Of public law or per.
haps Of any existing treaty between
the United States and foreign coun.
try, the expcdicncv of SO far modify.
ing the act as to exempt from tax the
income of such consuls as are not cit.
lzens of the United States derived
from the emoluments of their Office.
or from property not situated in the
United States, is submitted to your
serious consideration. / make this
suggestion upon the ground that q
comfy which ought to be reciprocal
ed cNcmpts our consuls in all other
countries from taxation. To the OK.
tent thus indicated. g. g Gni.cd Sentas
think, ought not to be exceptional
ly illiheral to international trade and
commerce.
THE TREASURY.
The operations Of the treasury du.
ring The last year have been success
fully conducted. The enactment by
Congress of a National Banking Law
has proved valuable support of the
public credit and the general lcpisla.
ton in relation TO loans. has fully an
swered the expectations of its favor.
ers. Some amendments NAV be re-
quired to perfect existing laws, but
no change in their principles or gen
eral scope is believed to be needed
Since these measures have been in
operation, all demands on the Treas.
ury, including the pay of the army
and navy, lIara baoD promptly 80,
and fully satisfied. No considerable
body Of troops, it is believed. were
ever more amply provided. more lib.
orally and punctually paid. and il
may be added that by no people were
the burdens incident to great war.
more cheerfully horne.
The receipts during the year, from
all sources, including loans and the
balance in the Treasury at the com.
.mencement, were 1901, ,I25,G7S ST.
The aggregate disbursements, SS95..
796,G30 60, leaving balance on the
7th of July, 1868, of 5,320.O44 2I
OF the receipts there were derived
from Customs, $50, ,059.642 40; from
Internal Revenues, S37, ,64O,767 80;
from direct taxes, Sl,4S5, lob Gl:--
from lands, Sl67,6l7 II; from mis-.
cellaneous sources S3, 3,046,615 35, and
from loans, $T66,6S2, 1861 81, making
the aggregate Of S90l, l,1l2,674 SO.
OF the disbursements there wer,
S2S2, 2,5S9 -; for pensions dc. S4.2I6..
529 30; for interest on public debt
S24,729, $40 81; for War Department
$500, 29S, GOO So; for the NAVY De.
partment $50, ,l52, ,4SS 33; for the nav.
ment of funded and temporary debt
SlS1, ,0S6.635 OF; making an argre.
gate of 1902, 1866 55, and leayino
a balance of S532,901,42l. But the
payment of the funded and tempora
ry debt having been made from mon.
les borrowed during the year, must
be regarded rs merely nominal pay.
ments, and the monies borrowed To
make them as merely nominal re.
ccipts, and their amount, SlSI. .0S6.-
735 OF, should therefore he deducted
both from the receipts and disburse
mcnts. This being done there re.
mains as actual receipts S7l4, 7O0..
996 3S, leaving the balance, as already
stated The actual receipts and dis.
burscments for the first quarter, and
the estimated receipts and disburs.
ments for the remaining three quar-.
ters ofthe current fiscal year of 1864
will be shown in detail by the report
OF the Secretary of the Treasury, tc
which | invite your attantion.
1t is sufficient to say here that it i,
not believed that the actual result,
will exhibit state Of the finances less
formidable TO the country than the es
Inmates of that officersheretofore sub,
mitted, while it is confidently expect
ed that at the close of the wear botl
disbursements and debts will be founc
very considerably less than has bcel
anticipated,
REPORT OF THE SECRETARY or WAR.
The Report of the Secretary o
War is a document of great interest
1t consists of first, the military op
. o IL =.