The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1863-12-17

more literally and punctually paid; and
it may be added that by no people we're
the burdens incident to a great war,
more oheerfully borne.
The receipts during the year, from all
sources, including loans and the bal
ance in the Treasury at the commence
ment, we're 1901, ,l25, ,674 sc. The ag.
gregate disbursemsn snts, 1896 ,796, $50 65,
leaving a balance on the 7th of July,
1863, of 81, ,32O,O44 81, Of the re-
ceipts there werc derived from Gus
toms, s69,O59,642 40; from Internal
Revenue, 37,64O,767 81; from direct
taxes, 81, ,495, ,1O3 81; from lands sl67,- |
6l7 II; from miscellaneous sources
SO, ,046,615 35, and from loans, S776,-
6s2,36 81, making the aggregate Of
1901, 1854 &c.
OF the disbursements there we're
for civil and diplomatic expenses,
s232,539 %, for pensions, &c, $4,216,-
$50 SO; for interest on public debt,
S24, ,729 946 81; for War Department,
$500, ,299,6O s3; for the Navy Depart
ment, $50, 152, 489 SO; 70. the payment
of funded and temporary debt, slS1,
0S6 635 OF; making an aggregate Of
1895, ,766,6 $50 55, and leaving a bal
ance of S532, 2,904,42l. But the pay
ment of funded and temporary debt
having been made from monies borrow
ed during the year, must be regarded
as merely nominal payments, and the
monies borrowed to make them merely
nominal receipts, and their amount
S191, ,0S6,635 OF, should therefore be
deducted, both from the receipts and
disbursements. This being done, there
remains as actual receipts, S714,709,-
995 38, leaving the balance as already
stated. The actual receipts and dis.
bursements for the first quarter, anc
the estimated receipts and disbursc
ments for the remaining three-quar
ters of the current fiscal year of 1863
will be shown in detail by the report
of the Secretary of the Treasury, t.
which invite your attention.
IT is sufficient to say here that it is
not believed that the actual results will
zhibit state of the finances less for
midable to the country than the esti
mates of that officer heretofore submit
ted, while it is confidently expected
that at the close Of the year both dis
burSements and debts will be found very
considerably less than has been antici
pated.
REPORT OF THE SECRETARY OF WAR.
The Report of the Secretary of Wa,
is document ofgreat interest 1t con
sists Of, frst, the military operations o
the year, detailed in the report of tn
genera-in chief; second, the organiza
tion of colored persons, into the wa
service; third, the exchange Of prisoner
is fully set forth in the letter of Gen
Hitchcock; fourth, operations under tn,
act for enrolling and calling out the ma
tional forces, are detailed in the repor
of the Provost Marshal General; fifth
the organization of the Invalid Corps
sixth, the operations of the several de
partments Of the quartermaster.g general
commissary general, paymaster genera
chief of engineers, chief of ordnance
and surgeon general.
1t has appeared impossible to make
g valuable summary of this report exceE
such as would be too extended for thi
place, and hence content myself in rt
f5rring your attention to the report il
= self. ...
h THE NAVY.
. The duties dovolving on the nav
8 branch of the service during the yea
: and throughout tho whole Of this VI
d happy contest, have been discharge
e with fidelity and eminent success. Tt
a extensive blockade has been constant
= increasing in efficiency as the Navy hi
~ expanded, yet on so long a line it has
' far been impossible to entirely suppre
{, Illicit trade. From the returns recei
10 cd at the Navy Department it appoa
that m ore than one thousand vessC
have been captured since the blocka,
: was Instituted, aud that the value
y the prizes already sent in for adiudic
i tiOn amounts to over thirteen millit
as dollars. The naval force of the Unit
ic States consists at this time of 5S8 v,
n sells, completed and in the course
ID completion, and of these, seventy q
o are iron-clad armored steamers.
r The events of the war give an
in creased interest and importance to /
c. Navy, which will probably extend !
IS. yond tho war itself.
g. The armored vessels in our. Ma
he completed and in service, or which
en- under contract and approaching 90
No plction, are believed to exceed in ma
" Der those of any other power, but, VIII