The Carolina Spartan. [volume] (Spartanburg, S.C.) 1852-1896, 1864-11-24
PkEolDkN i7SN Nj h1SSAGE.
JConcluded.

IConcluded.
! Your special a4tent,on Ia earnestly In
vitcd TO the report oi the Secretary os the
| Treasury, submitted in conformity with
law. I be facts therein disclosed are lar
irom discoura.i"s. asG demonstrate thai
with .ud'cIons iegisIaIiou, we shal be cn-
atied TO meet ali tie eAisenres Of the wsr
( from our abundant lusoGrceS, and svrid
. at the sane time, such an accumulation II
debt us would reuJcr at all doubtful our
| eapaci;, ~ redeem it.
The total receipts into "a, treasury Tor
tie two quarters ending 30 hp 3prh Sep
,empci. 1864, were S4.5 lOi,5j which
sum added to isn tHisucc oi s3uS,2S2, :,
~. that rcna,ued IN the treasury on the
lst o. April AT, forms i total Uf SI23, -
414,272 Or this total. not Tar from half.
1 that is TO ray. $3l- ,60O, ,327. have been ap-
piled tn the extinction of the ,.ubic debt,
while the total expenditures have been
S274 ,37o,5V5, leaving "a hslanee in the
, treasury OH the lst October, 1864, of $685.
435, ,44O
TIL total amount of the public debt, as
exhibited OIL the books oi the Register Of
the Treasury, on the lst October, 1864,
was 81 ,l47 $40 pos. OF which S539 $40.
600 were funded iro- bearing interest,
SZS3 ,SS0,I5H ~e.. 5rc.sury uutes Of the
new issue, 4nr ,nc .manr,..r CONSISTED of
the ioriner :s@u, "a treasury notes which
will he cenvcr,cl .n'o uti.er forms of debt,
and viii er;,s - exist as rurreucy OH the
3lst cf neal D.p.tu.
Ths report t0we-er, explains that, in
consequence oi .ic ID .enco of certain re.
turns from dstsu. .fies>, the true amount
OF the debt is less. BY about twenty one and
u halt millions oi dollars, than appears o,,
the books OF the Register. and that the to-
tai public debt on the first of last nunth
may be fairly considered to have beeu ST..
l26 3Sl 1895.
The increase Of the public debt during
the six months from the lst April to the
LIST October, was SIT 03v,iov v,,@, rsth
er more than Sl6,0U0, 900 per month, and
y silb afp,rent, on tcrys i, ot the re.
port, that this augmentation wouhi nave
"""n avoided and positive reduction Of
the amount would lave been rnccrcd, nu,
Tor the certain defects in the legislation on
the subiccrof.h the finances, which are point
cd our IN the report, aud winch seem 10
admit oi easy remedy.
In the statrsments just made the foreis,,
debt rs omitted. |. consists only OF the
paid La!ance Of the loan known as the
cotton loan. This balance Is hut 100,
OUV, and Is adequately provided for by
about 25U,UUO bu.cs of cotton owned hy
the Government, oven if the cut,on be ra
Led "s ~~v.,h hut Sax ponce per p.iind
- lI,l ptt In ,ir,l ll.t,
Included IN III" tsD!,s presented, TO which
y4Jr attention Is icqu!rcd. he Oulu
nomds promised 10 our soldiers ~ the tniru
srctiun oi the act ot 18th February, 1861.
were deliverable OH the lst October The
), cle AIRY has been unsbie 10 issue then.
by reason of an omission liz thc law, no
tluic being thcr ia liked Tor the payuen,
ot the bonds.
The aggregate appru upriations called ior
oJ the different dcpai tnicnts of tue Gov
-crnn.ent according to the estimates sub
mitteG with the reprt, for tue SIX isomth>
ending OIL the 3Osh Jane, 1854, am ,unt tn
StJS, lU- ,G19, while the Secretary cstl-
mates that there Will T, main uneA pended,
"ut u! The .nrncr appropriations, ou the 1T
Cd! .jRnur'S 1850, d uaiaGce oi Si6I, ,iiO,-
J"t - a. "un'., thC.ciuie, seem that tul
."cT estimates hn,c nvcn Lar. ely IA cxc.~-
vi a,'U,i oAp,iuiurvs, ANA iir'it nD add,
tio"a. ipp'opr annpSa e rcI / 81 10y meGi
a. "a" r".a> % ~ p'sD.ic service ~
ibe i-t a.. Ju., ago ~ ,,ar tuu.ci. So th.
'stim dc@ uaN ~ ic,. should lNr tsa,
u puca 'H ,r~->~ ai ar r,I tA ,u5iiN,.
- la. rrr"tu!c,c h.vu ne cr,u, ~ ,,s.....
cfa.!, -it uc. ~ l.i st.I, rrii,a. W l.Apt J,,i