The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1863-12-16

SdAeS, SttO.v O,oOiJ l'oih iahoc, 9iof1
: 6l7,l7; from miscellaneous sources
+. $SO4, SO ,635; and from loans, $776,
: 6s2, ,S6i, 81; making the aggregate Of
i $50, Ii2,567, ,4s6. Of the disburse
, ments there were 1922, $50, ,22; for pen
sions, de-, s4,2l6, ,520,59; for interes
on public debt, $24,729, 81; fol
l. War Department, $500, ,29s, ,eOO,ss; fol
5 the Navy Department, 46,324, ,i05,27
l for the payment of funded and tempo,
!, rary debt, $751; ,Os6, ,635,O7, making ar
: aggregate of $s0,576, ,663,O55, and
. lea, ing balance of $532, ,so4, ,42l.-
, Note-The figures given above are
, absurd. We shall correct them on re
ceipt of printed copy of the mes
sage.-ED.
But the payment of the funded and
temporary debt having been made from
moneys borrowed during the yeaI
must be regarded as merely nominal
payments, and the moneys borrowed
to make them as merely nominal re.
ceipts, and their amount, $lSl,066,-
6s5 ,0f, sh ould therefore be deducted
both from the receipts and disburse-
ments. This being done, there remains
!. as actual receipts, $7l4,7o9,99 5,58,
leaving the balance as already stated.
The actual receipts and disbursements
for the first quarter, and the estimated
receipts and disbursements for the re-
naming three quarters of the current
fiscal year OF 1864, will be shown in de-
tailby the report of the Secretary of
t Treasury, to which / invite your
att ention. 1t is sufficient to say here
t. it is not believed that the actual
r. ults will exhibit state of the finan-
c. less formidable to the &C untry,
tom the estimates of that officer, here
tofore submitted, while it is confident
ly 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 document of great interst. 1t con-
sists of, First: The military operations
of thu year, detailed in the report of
the General. in Chief. Second. The
organization of colored persons into
the war service. Third. The exchange
of prisoners is fully set forth iii the let
ter of General Hitchcock. Fourth. -
Operations under the act tor enrolling
and calling out the National forces, de-
tailed in the report of the Provost Mar
shal General. Fifth. The orgauiza-
tion OF the Invalid Corps. Sixth. The
operations of the several departments,
Of the Quartermaster General; Com
missary General; Paymaster General !;
Chief OF Engineers; Chief of Ordnance,
and Surgeon General. 1t has appeared
impossible to make valuable summary
OF this report, except such as would be
too extended for this place, and hence
l content myself in referring your at
tention to the report itself.
The duties devolving on the naval
branch of the service during the year,
and throughout the whole of this un-
happy contest, have been discharged.
with fidelity and eminent success. The
extensive blockade has been constantly
in efficiency as the navy has expanded,
yet on SO long line it has, SO far, been
impossible 20 entirely suppress illicit
trade. From the returns received at
the Navy Department, it appears that
more than one thousand vessels have
been captured since the blockade was
instituted, and that the value of the
prizes already sent in for adjudica-
ton amount to over thirteen millions
of dollars. ....
The Naval force of the United States
consists, at this time, OF 5s6 vessels,
completed and in the course of compile.
ton, and OF these, seventy five are iron.
clad armored steamers. The events OF
the war give an increased interest ana
importance to the navy, which will
probably extend beyond the war itself.
The arnored vessels in our navy, COM
pleted and in service, or VIII 'ch are un-
der contract and approaching compile
ton, are believed to exceed in number
those Of any other power; but while
these may be relied upon, for barbor
defense and sea a.coast survey, others OF
greater strength and capacity will be
necessary for cruising purposes, and to
maintain our rightiul position on tie
ocean.
The change that has taken place in
naval vessels and naval warfare since
the introduction OF steam as motive
power for ships OF war; demands either
corresponding change in some of our
existing navy yards, or the establish
IT ent OF new ones for the construction
aud necessary repairs of modern war
vessels. No inconsiderable embarass-
m.nt, delay and public injury have been
experienced from the want Of such
Government establishments. The ne
cessity of fsnch navy yard SO furnished,
at some suitable place on the Atlantic
seaboard, has on repeated occasions been
brought to the attention of Congress
by the Navy Department, and is again
presented in the report of the Secreta.
ry, which accompanies this communi-
, cation. / think 1t my duty to invite
your special attention to this subject,
and also to that of establishing yard
and depot for naval purposes upon one
of the western rivers. A naval force
has been created on these interior wa.
tiers, and under many disadvantages,
within little more than two years, ex-
ceeding in numbers the whole naval
force OF the country at the commence.
ment of the present Administration.
Satisfactory and important as has
been the performances of the heroic
men of the navy at this period, they
are scarcely more wonderful than the
services of our mechanics and artisans
in the production OF war vessels, which
has created new form of naval power.