The Carolina Spartan. [volume] (Spartanburg, S.C.) 1852-1896, 1864-11-24
PkEolD ZEN Us NJ kISSAGEs
TConcluded. I .t s.

! Concluded
Your special a@tention In earnestly In
! vited To the report of the Secretary OF til,
I Treasury, submitted IN conformity with
law. he facts therein disclosed are ial
irom discoursvi"s, asd demonstrate thai
with indcious .legislation. we shxil be ON
/ sbied 10 meet aii tto exisenc.es Of the we,
(, from our abundant resources, and sveid
at the saine time, such. an accumulation a
debt us would i~uder Mt all doub,iUi ou,
capacity ~ redeem 1T.
! The total receipts into the>,reasury lot
! the two quarters eui!ins 90 he 3Uh Sep
,emnct, 1854, vcrc si i.5 lDl $50. which
SUN added to thu baiauco OF S3uS,2S2,
: ~, that remained iT the treasury ON the
lst oi April Art, forms II total If S7l3,-
474,272. y: this total net tar from halt,
1 that is to ray. S342 ,660,327. have been ap
. piled to the extinct'on of the I.ubiic debt
i while the total expenditures have been
S272 2,37S,5v6, leaving u hsiauee in the
+, treasury on the lst October, 1864, otSl0S,.
435, ,i4O
Th- total amount of the public debt, as
exhibited OH the hooks Ul the Re- lister OF
| the Treasury, on the lst October, 1864,
was 81 LAT ,97U POS. OF which $3.50 ,34U,.
600 were funded jchl- beariag interest,
1888, ,SS0,I50 He,s treasury notes Of the
new issue aii ine r.man.,..r consisted of
| the fo,ner ISSUE vf treasury notes which
will he coivc,tel .lio uther forms of debt,
| and vii, ec;se iu exist "a currency on the
3lst OF neal n.oath.
The report sfowerer, explains that in
consequence oi ihe ab-encc of certain re.
turns from dlsrsu offies>, the true amount
oi the debt is less, by about twenty one aud
halt millions oi dollars, than appears o,
the books OF tho Register. and that the to.
tai public debt Oh the first Of last Donth
may be fairly considered to have beeu 81, ).
l26 ,3Sl ,095.
The increase Of the public debt during
the six months from the 1st April to the
lst October, was SIT 0ou, 4 Iov, v,.,., rsth
er more than $1,000 900 per month, and
4 tiilIc aPp.fei,t, on pergs A. ut the re-.
port, that this augmentation wouhi nave
"eAn avoided snd positive reduction Of
the amount would have been riiccrcd, nu,
Tor the certain defects in the legislation OF,
the subicc,.of,he finances, which ure point
cd out In the report, aud which secm To
admit oI easy remedy.
t In the stai.smsnts just made the foreig,
debt is omitted. Ii consists only OF the
! UNI aid balancc Of the loan known as the
cotton loan. This balance Is hut &, 200,
| OU0, and Is adequately provided for by
about 250,OUO bales OF cotton owned 10y
the Government, even if the cut,on be ra
ted at, s~v~,. -but AK pener per pnr,nd.
There Is one itrm ot the PuSlictlebt mo-,
! included IN IN" laD!,. presented, to which
yyor a.icntlon Is required. be bonn )
bonds promised To our soldiers ~ the tniru
scciiun OF the act of lIth February, 1861.
we're deliverable OH the lst October. The
5, ere AIRY has been unsb!e 70 issue then.
BY reason of an omission liz thc law, uu
time being thcr iu liked Tor the payment
oi the bombs.
The aggregate appropriations called ior
oy the different dcpai tnIcnts of the Gov
-ernment acc"rding to d.c estimates sub
initteo with the reprt, Tor the. six isontils
ending OIL the 3Osh Jane, 1864, amount to
StJS, lU2 ,U79, while the Secretary csti-
mates that there viii 7, main unex pended
cut u! the iorner appropriations, on the Isl
| vi Janut,S, 1860, !iaiaGco % Si6I iiU,
oot-lr "onH., thcieiule, seem that Ton
,ncr estimH,es have been lar ely IN txce>,
vi al'u"i eAprhdnurrs. anu tr.it NJ addi
tioaa. .ipprcpr aiops IL req 'el ior meaf
in- t'tc n"tG> d ha p'.u.ic service ~ =
| iht ist e. ju.y ueGt year sidco l. ~ ,h,
cstiW Jrs nov pr,sc. fct. should move t1 D.,
IL upuch "a a:roco, si aciuNi cAlaualiu,s
: ls has errtU!c,c h,,u the case y. eu,is.
#, eia,.t-,,a aialee w'i sui rehalHunyxlrud