The Buchanan County guardian. (Independence, Buchanan County, Iowa) 1858-1864, 1863-12-15


selves required by the law Of the Ur
ted States, upon the subject, to deman
a tax upon the incomes of foreign cor
suls in this country. While such a de-
mand may not be an indication of pub
lie law or perhaps Of any existing treat
between the United States and foreig
country, the expediency Of so far mod
flying them as to exempt from tax the in
come of such consuls as are not citizen
Of the United States, derived from tn
emoluments Of their Office or from prop
erty not situated in the United States, j
submitted to yeur serious consideration
| make this suggestion upon the groun'
that a courtesy which ought to be recip
rocated. exempts our 'eonsuls in all othe
countries from taxation to the extent tha
is indicated. The United States, think
ought not to be exceptionally illberal I,
international trade and commerce.
The operations OF the Treasury during
the last year have been successfully con
Quoted. The enactment by Congress o
national banking law has proved val
liable support of the public credit, and
the general legislation in regard to loans
has fully answered the expectations o
its favorers. Some amendments may be
required to perfect existing laws, bat nc
change in their principles or general
scope is believed to be needed Since
these measures have been in operation
all demands on the treasury, including
The pay of the armv and navy, have
been promptly met and fully satisfied
No considerable body of troops, it is be
lieved, were ever more amply provided
for and more literally and punc,ually
paid, and, it NAV be added. that BY no
people were the burdens incident to a
grea, war ever more cheerfully borne.
The receipts during the year from all
sources, including loans and balance in
Treasury at its commencement, we're
$50, l2 SCI 486 The aggregate dis
bursements, $50. $40. 663O65 leaving
a balance on the 7th Of July, 1868. OF
$3.50, ,904, 42i of the receipts there
we're derived from customs Sc. .9O5. .964. :
gao from Internal Revenue S3.765.-
078 1916; from direct taxes Sf48, $40,
SO from lands S16.76l,7l7; miscel
laneous sources 1904 667. .535: and loans
S77. .668, 236,l making the aggregats
$50, lie. .567 ,486, of the Disbursements
there were S23.e53,992 for pensions,
&c., S42l 652 059 for interest on the
public debt, Se47 e98. 465 for the War
Department, S59. .929 86o,O83; for the
Navy Department, S6,921,i1o.536 for
the payment of the funded and tempora.
ry debt, S18,1O8 663 5o7; making an
aggregate of $50, ,576. .663 065 and leav-
a balance Of S532, ,903,42l But the paw.
ment OF the funded and tenn porary debt,
have been made from moneys borrowed
during the year. must be regarded as
merely nominal payments, and the mon
les borrowed 10 make them as merely
nominal receipts, and their amount. 81,
818 500 507, should therefore be deduct.
ad both from the receipts and disburse-
ments this being done there remains as
actual receipts. S7l.47o. 500, ,55s. leav-
ing the balance "a already stated The
active receipts and disbursements for the
first quarter of the estimated receipts
and DISBURSEMENTS for the remaining
three quarters of the current fiscal year
of 1864. will be shown in detail by the
report of the Secretary Of the Treasury
TO which invite your attention. 1t is
significant to say here that il is not be-
lieved that the actual results will exhib
il state OF the finance less favorable TO
the country than the estimates Of that
officer heretofore submitted, while
it is confidently expected. that at
the close Of the year disburse
ments and debts will be found
very considerable less than has been an
liclpated. The report Of the Secretary
of War is document of great interest,
II consists Of: First. the military opera
tions of the year, detailed in the report
Of the Gen in. Chief. Second. the or
ganization of colored persons into the
war service. Third, exchange of pris.
oners fully set forth in the le' ter of Gen
Hitchcock, Fourth. operations under the
act for enrolling and calling out the
National forces detailed in the report Of
the Provost Marshal Gen. Fifth, the
organization of the Invalid Corps and
sixth the operations of the several de.
partmen,s of the Quartermaster General,
Commissarv General. Pavmaster Gener.
al. Chief of Engineers, Chief of Ordnance
and Surgeon General. II appears i'm
possible TO make reliable summary re.
port. except such as would be too ex-
ended for this place, and hence / con
tent myselfin referring your attention to
the report itself.
Duties devolving on the naval branch
of service during this year and throught
the whole of this unhappy contest. have
been discharged with fidelity and ulti
mate success. The extensive blockade
have been continually increasing in
efficiency as the Navy has expended. YET
il has so far been impossible 10 entirely
suppress this illegal trade. From the
returns received at the Navy Depart
menr, il appears that more than ono thou
sand vessels had been captured since the
blockade was instituted. and that tn.
value OF prizes already sent in for al
Indication amount 10 over $4,000 900
The Naval force of the United States
consists at this time OF 1--WE hundred an