Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-12-10
ABSTRACT on TIE
PRESIDENTS MESSAGE
Delivered December @, 1854.

lnc Message Is concise, and refers bfleny 10
all matters uUt connected with the war and
| its consequences. Ii is q soand and aOle
| document.
The proposed Overland Telegraph be-
tween America and Europe, by the way of
] i}chring's Straits aud Asutic Russia, wEicn
/ vas sanctioned by Congress ut the last
/ session, las been undertaken under very
| favorable circumstances, by an association
Of American citizens, with the cordial good
will and support, as well of this Government
as of ti.UsG OF Great Britain ard HusSia,
Assurances have been received tion most
OF tue south American States OF tnelr ap
| probation 81 the enterprise, and 'ilclr ren"A'
! ness to cooperate III constructing IIhes triou'
tary to that wciid.encirciing communica-
,ren. | learn. with satisfaction, that the
noble design of the tergraphic aommunca-
! ton between the eastern coast OF America
ai.d Great Britain has been renewed, with
iull expectation OF its accomplishment.
| The receipts during the year from all
sources upon the basis Of warrants signed by
| tie secretary OF the Treasury, including
loans aud the balance in the Treasury on
the lst day of July 1865, were Sl,304, ,79G,-
O07 G2, and The aggregate disbursements
upon the same basis Woic Sl.2N9, ,05O, ,l0l 80.
leaving Il balance in the Treasury, us shown
, by warrants, of 800 0,g05 73.
Deduct from these amounts the amount
ol the principal OF the public debt redeemed,
and the amount of issues in the substitu-
ton therefor, and the actual cash operations
OF the Treasury were: Receipts, $SS4,01G,-
GAG 81; disbursements, SGo,234,0S7 81.
whcu leaves Il cash balance in the Treasury
Of els,842. .55S II.
OF the receipts, there were derived from
/ customs $l023l6152 80; from lands $jSS.-
| 33j 20; from direct taxes $i5j.6lS 0G: from
/ internal revenue Sl00,74l, 1874 10; from mis-
cclanoous sources S4I.5lI,4iS 10; and from
loans applied to actual expenditures, nclnd-
! ing former balance, G23,443,920 IL.
There was disburscd for the civil service
| $21.5QS,590 4G; for pensions aud Indians
/ S1,5l7.930 81; for thc War Department,
$500, 19!, si2 81; Tor the navy Department,
?S5, ,733, ,292 -; for ..Ierest on tile public
debt, $j3. .GSj,42i 80: making an aggregate
of 1865. 23l ,0S7 SO, and lcaviu" balance
in the Treasury OF $lS,S42.555 -, as before
stated For the actual cccipt1 and disbUrsc-
ments for the first quarter, and the estimated
receipts and disbursements ior the three re
manning quarters of the currant fiscal year.
and the general operations OF the Treasury
in detail, | refer you to the report of the
Secretary of the Treasury. | concur with
him IN the opinion that the proportion III
moneys required to meet the expenses con
scquent upon the war derived from taxation.
should be still further increased, and car
nestiy invite your attention 10 this subj ct
10 the end that there may be such addition
al legislation us shall be required 10 nee
the just expectations of the Secretary.
The public debt on the 1st of July las
as appears by the books of the treasury
; amnunted to one l,iliinn seven hundred an,
forty thousand millions. six hundred nm,
, ninety thcusaud. four hundred and c;nnty
'. ninc dollars and torty-niue cents Prn,,o
bly. should the war continue for anothq
rear. that amount will be increased hv M
far from five hundred millions Held NJ
, is for the most part hv our own raonIr
has become a substantial branch of n.tionn
thouuh nriyatc .urouerty For oI,yinus re,
sons the more nearly this prnDeyty can b
, distributed among all the pcnplc the bette
I. nh, E,.;o,oI ro,l,ir,. ,,s, ar, :; ,,r,,i,
o, L, ,,n"o,,,,iI, -, ,',T,,i,ii;, .',,l ., ,i
n,,,,,,, ~ ,l,, o5,l, - Tnrn,,,,a ,,ar. ,,,,'
! hnnt ,,.l ,;,,It -, T.;i D"I ~
iao ",tror,n ,,.,,;IrIi IL, r,,,'i, "',
,r,,i,.l, ,,,.,. 1,,,,,,.,r ;,,',, tn, S.,'. d..
Chan',o, r.,n, ,ho St,,,, s',,a,, :" tho ".
tinnai sy.t,.n, arn ra,,;li,. tax ;na ,,Ia,.o an
!. !. ha;,1.I ,i,at ,.a,i s''',, - "'
: ,I,a I-r;.oI -, L,,,,r.,' - ;,,, ~ -
tho,i,aI ~, Gnn,lross .nl M idi.
;,a,i't;' -, -, "'', -" - I'.. - =" -
: ,rio ,.,.,,n,i ,,,iiii, t' w.. ;a,, 'aC u
: o. 80
! Ul''o'', VIZ '"o - -
,..-,l, - sc,n ',,,,,. I y" 20 oc
i l,,s f,7 ,',, S;', "''" y, ~ ~ % %
- az 'I.u"' 'I i'l'5 "n'';inS u
,I ,,,ti, ',. -, ,C, ~ ~. ~ ~
,nns ~. ,a,,I ,,,,,I',,n - w. w ,,,; 80
,,,.l ~ ~ ~ 't''
II nG,D,'r. :. ~ ooo ,r,. '', u, ~, VI
',,,''I 'G ~ - -. - y" nv, o
" Ne' Nv ,iI "u'.S '"c va ."
e a" ,"t - W ,,,o va
,,",;,I, ans ,.'' 80 ''
u ,;';,'', t;.' Hio.1 -, 49, .'1; =
, ''I W. ', t ~ ~, p,n, !,
f+0P9 "a ','IS .eu '."S.r W ~ ?i,4''
,. 'n' f. ;,r;ns,i' W
' or,ah ,.i',;'" 1.u :. " ~
l. Tn,,,...,., e 80 w Va ."c Va
'e W IVY "'s> 'P1ion' ino.,'i'
= , a,,i ~ ',,''' '"9 ''''' va
u MI Icc, '''o ,H -, ~ .,,' Wv ~"
u 800 c,1 Hcn ~ c.., Va :, o"i in'' "
49, i; Wv, ~, " .'','o .o''s.,'S
y - ~ c. W Wv IL a.
Is il',is w. t"u W tilp H"ah' espec,
iil,l7',,t r,n '"'y 80 w oS."
~ = tn ",'t !ep",'
~ tnr gi,a "l''' "' ''''''o =
Il. IN INV l,st !l,,',. 49,, .''''N'' "'9 '''"
@. V,!,r.,,,'''ti''r, ,. %,"' ;,,,';; A..