The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1863-12-19

courtesy which ought to be reciprocated
/ exempts our consUls in all other countries
/ from taxation to the extent thus indicated
: The United States. think, ought not to b.
( exceptionally ilhberal TO international treaty
and comfy. The operations of the treasury
during the last year have been successfully
conducted.
The enactment by Congress of a national
banking law has provided valuable sup
port Of the public credit, and the general
+ legislation IN relation to laws has fully an.
sWered the expectations of its trainers
Some amendments may be required to
perfect existing laws, but no 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
pay Of the army and navy, have been prompt
ly met and fully satisfied. No considera-
bic body of troops, it is believed, were ev-
er more amply provided. or more literally
and puncmally paid, and it may be added
that by no people we're the burdens Incl
dent to a great war more cheerfully borne.
The receipts during the year, from all
sources, including loans and the balance in
the treasury at its commencement, were
1901, l25, 674,86; the aggregate disburse-
ments, 1895, 796, $50 SIS, leaving a balance
on the seventh ofJuly, 1868, Of $3.50, 9O4,
421. OF the receipts there were derived
from customs $50 .059 642; from internal
revenue, S27, $40, 767 90; from direct tax
es, SAG. 51O, 361; from lands, 1857. 617.I7;
from miscellaneous, the aggregate of 1901,
-112,6 7486 OF the disbursements, there
were 1882, $50. 22; for pensions, &c. S421, :
652, O59; for interest on the public debt,
1874. 1873 SAG 81; for war debt, $500, 1898,
500 83; for the navy department., $685.
410, 527; for the payment of the funded
and mporary debt. 1871 ,O86 635 OF: max
ing an aggregate of 1895. 766. 100 SIS, and
leaving a balance of $3.50 9O4 421; but the
payment of the funded and temporary debt
having heen made from money borrowed
during the year, must be regarded as merely
nominal payments, and the monies borrow
ed to make them as merely nominal receipts,
and this amount, 1871, O86 635.O7, should
therefore be deducted both from the receipts
and disbursements; this being done there
remains, as actual receipts. $7I4, 700, 995.-
So, leaving the balance as already stated
The actual receipts and disbursements for
the first quarter, and the estimated receipts
fourhs of the current fiscal wear of 1864
will be shown in detail by the reports of the
Secretary Of the Treasury, to which / in,
vite your attention. It IS sufficient to say
here, that il is not believed that the actual
results will exhibit a state of the finance
less formidable to the country than the es-
Inmates of that office heretofore made, while
it is confidently expected that at the close
OF The year, both disbursements and debts
will be found very considerably less than
has been anticipated.
The report of the Secretary of War is a
document of great interest. It consists of
first. the military operations of the year,
detailed in the report of the General-in- Chief;
second, of the organization of colored per-
sons into the war service; third, the ex-
change of prisoners, as fully set forth in the
letter Of General Hitchcock; fourth opera
tions under he act for enrolling and calling
out the national forces, detailed in the re-
port of the Provost Marshal General; fifth,
the organization of the Invalid Corps; sixth,
the operations of the several departments of
the Quarlermaster General, Commissary
General, Paymaster General, Chief of En-
gineers. Chief Of Ordnance, and Surgeon
General.
Il has appeared impossible to make val
uable summary of this report, except such
as would be too extended for this place, and
hence [ content myself in referring your
attention to The report itself. The duties
deyolving on the naval branch of the ser
vice during the year. and throughout the
whole of this unhappy contest, have been
with fidelity end eminent sue
cess. The extensive blockade has been
constantly increasing in efficiency as the
Navy has been expanded, yet on so long a
IiDeit has 90 far been impossible to entirely
suppress illicit trade. From the returns
received at the Navy Department, ii appears
that more than one thousand vessels have
been captured since the blockade was insti-
tuted, and that the value of the prizes al
ready sent in for adjudication amounts to
over thirteen millions of dollars The ma
val force of the United States consists at
this time of FIVE hundred and eighty eight
vessels completed and in course of compile
ton. aud of these seventy FIVE are iron clad
armored steamers. The events of the war
given are of increased interest and impor-
lance to the Navy, which will probable ex-
tend beyond the war itself The armored
vessels in our Navy completed and in ser
vice. or which are under contract and ap-
completion, are believed to ex-
coed in number those of any other power;
but while these may be relied on for harbor
defenses and sea coast service, others of
greater strength and capacity win be neces-
sary for cruizing purposes. and to maintain
our rightful position on the ocean. The
change that has taken place in naval vessels
and naval warfare since the introduction of
steam as a motive power for ships of war.
demands corresponding changes in some of
nur naEr uards or he establishment of new