Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1863-01-17
Finances or the Confederate States.

We append a condensed copy Of that portion Of the
report of Hon C. J. Nemmiuger Secretary of the Treas
ury, recently presented Congress, which shows the
fiscal operations of his department. of the Government
and exhibits the amount and condition of the public
debt the Slst Dee The remaining portion of the
port (which is unusually lengthy) is devoted to the Sec
retarys scheme for restoring the currency normal
condition. We will endeayOr to make for the
whole or a synopsis OF this part Of the report
as can obtain a copy:
From the commencement Of the Permanent Govern
ment 70 the Slst Dec 1882 the receipts and expendi-
lures were as follows;
RECEIPTS
Treasury notes. s2l5554 SIS; interest bearing notes
sllS7+0OOO; call loan certificates, s59749.796; one
hundred million loan, sal S9S 2S6 tax, Sl666i 5lS;
all other sources slO,75l,22L Total S457,s55,74.
EHPEDlTUREs-
War department, sS4l, oil, 7a4; navy department,
s3o55q2S3; civil miscellaneous, foreign intercourse
and customs SlS,67S, $40; interest on public debts
QOans S5S92 $50; payment OF treasury notes, act OF
March 9th lS6l-prncpa S545 sOO--iuterest $50 SEQ
s5i5,76l; redemption OF six per cent certificates Sll
$1,000 redemption Of treasury called in for can
collation. and reimbursement Of principal under act OF
Nay 18th, o. S3S75l l72 total expenditures for pub
lie debt" sal 5sI 322. Balances against the Treasury
on 18th Feb, 1862 S26,lS9,a72
Amount Of receipts. .$i5I, S5j7ot
Deduct amt Of expenditure. .......... IiS,4llsE
Balance. ...............S l4,444,Ss1
The balance consists in part Of the coin on hand re-
ceved from Bank of Louisiana, and the remainder in in
terest bearing treasury notes
AMOUNT TO RAISED BY CONGRESS.
The appropriations made by Congress, and not vet
drawn from the Treasury amount to sl,ST99l3; est-
mates for the support OF govt TO lst July the end OF
the fiscal wear ncluiing S24z9 ga for the depart
msuJ) S29O, Il3. Total SS72 S5S 626 Deduct STA.
44I3J7, balance in the Treasury leaving amount TO be
raised by Congress, $3.50 9s9,22e.
ruE PUBLIC DEBT
The debt Of the Government at the same date Dee
SlSt, 1882 was as follows;
Bonds and Stock.
Uuder act Feb. 2Sth, ell. SI4 gS7, 900
e NAY 18th, '6l..........G4 l4,3OO
Aug. 18th, '6l.......67,5s5,l 100
Deposite certificates under act
December 2ith, 1851:
Issued. ...... .69Oo5,a7O
Redeemed. .....l2, 5l6,4NO 56,4ss97O l45,475,37O
Treasury No'ss.
SOS notes. ACKNOWLEDGEMENTS 900
wears notes. ......... .lO,HlS,lS5
Genera! currency. 2,46T
$50 notes. ............. .l2O, 10000
u and 50 notes. 2l6,2OO 4l0629,692
s556lO5, O62
"In the above statement is large amount of bonds
and interest bearing notes which are on hand in the
rOus repositories not yet issued. Il il important to
bear this IN mind in estimating tine effect Ofhe of the
Last session upon funding treasury The loans in
which such funded those mentioned in the
schedule as loans Of May 10th and August 18th Tie
Of these loans reported the last meeting Of
Congress, was, on Isl August, S4l ,551 ESQ.
BY the statement reported, the total amount Of
these bonds 5............... go. $40 9g9 400
From which should be deducted amount
hand not yet disposed Of say ........ 100000
sos, 999, 400
And, in order TO ascertain the amount Of
Treasury notes funded, there must be
deducted for the bonds issued for pro-
duoe, say. ......................... 100000
SIS. 800 400
Deduct amount reported LIST August ... ASH $50
Balance ,.............. .......... 2l7,422 $50
This balance shows the amount Of Treasury notes
funded in I've months the aveVge being about three
and bali million per month.