Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1866-12-14

be returned in any temporary disturbance
of the money market. And (5) he urges
the speedy rehabilitation of the Southern
States, in the belief that until then their
productive powers will remain inactive and
the finances of the nation miss one of their
chief supports.
COMPTROLLER OF THE CURRENCY.
The Comptroller of the currency reports
that there are 1,647 national banks in active
operation. The number ofnew associations
last year was ffty-one. The total resources
of the banks, October /, 1866, were 81, $685.
493,960 their liabilities Circulation and
deposits), 81 ,O2l, 274 3S6-leaving 81
plus of S501 ,22l ,574 for capital and ear.
ings. The increase of circulation last ye'l
was S101 1874 COS: bht converted state banfoo
during the same period retired S50,000,WY
of ihe state circulation, making the actut..
increase in the volume of currency abd
S50,000,000. The Comptroller recommems
redemptions in New York, and gives n
reasons at length. Other important rd
concentrations are also made.
THE ARMY.
Secretary Stanton reports that up TO a.
LIST of November last ,022021 voluhtedss
had been mustered out--leaving HOP
(whte and colored) in the service at thu
date. The present strength of the army :
81, 1902. including 10000 colored troops: OF
" ninety-seven soldiers remained in hosp
tai on the Both of June last.
Large sales of war and government PRO-
erty have been made, netting heavy sum,
Among the items are the following: 270,P
horses and mules sold for S15,560, 900; dan
aged clothing sold for 100000; steamer
and barges sold for S1,I52000 hospit
property sold for S4000,O00; two hundreI
and sixty-two vessels, chartered for milan
transportation at a cost of s3,000,O00 hay
been dismissed. The military railroad
operated during the war at total expend
ture of S45,000,000 have been restored
their owners, with ABB engines and 6,6G
r cars. The military telegraph is discontinT
ed: its total cost was S3,229,000.
The total expenditures of the War Dt
partment last year were S259,3l4,3l1
which sum S205,572 1924 were paid to th
; million of soldiers mustered out. The pa
estimate for the coming year is S17,12S5a
EHE NAVY.
Secretary Weles reports that the Nav
i has 27S vessels, 2,35l guns and $4,000 mel
: Fiftv-four iron clads are laid up. and seye
are not completed. SiXty-nine vessels al
= in squadron service, carrying 69l guns. y
i the pension list there are 2,265 names; Il
" total annual payment is $l70,739. The e,
c penditures of the year amounted to S4a
32455942 and unexpepgd ID l aRpTp9!Rtintal2ll
. amount of sos 967 .2929S. This with
! the appropriations for the current year,
make the total available resources Of the
fiscal year ending June 80, 1867, Sl19,944,-
0G0.4S. The Secretary under the head OF
"eXpenscs and estimates" says
The large unexpected balance in the treas
ury at the close of the last fiscal year is en-
braced in appropriations under more than
one hundred and fifty different heads. Ma
ny of these are continuous, have been made
for years. their expenditure will be protract-
cd through years to come, and, though as
sisting to make up a large balance, cannot
be dispensed with. There are large amounts
however, under the heads of construction,
'.steam engineering" Ordinance" "provis
ions and clothing" and "fuel," which car
with propriety revert to the treasury. Nc
appropriations under these heads were made
for the current year, and for the ensuing
year none are asked. In the course of tint
the appropriations would be exhausted, bu
it is not believed to be in accordance witt
sound public policy in time of peace to con
tinue such large amounts at the disposal o
the department
Il
vice were made during the existence of tn
war, but the funds of the department wer
always carefully and economically eXpend
ed. This tact is attested by the numerou
claims of contractors for relief now befor
Congress: and the result is, that the depart
ment is able to complete all the vessels ant
engines contracted for before the close o
the war, and designate appropriations TO tn
amount of about fifty millions of dollar
that can be reinquished TO the treasury, o.
may be otherwise disposed of by Congress
TIE POSTAL SERVICE.
The Post Office Department does not APP
pear from the report of its chief to be in a
flourishing condition as the other branche
of the government. Postmaster Genera
Randall reports that the revenue from tn
postal service last year was S14,3S6,9SC
} and the expenditures S15,353,000. The de
ficit therefore, is nearly a million. The de
crease of revenue, compared with the pre-
vious year was 1-2 per cent, and the in
crease of expenditures II per cent. Tn
estimate of expenditures for the next fisca
year shows another deficit of Sl,776,00C
In the Southern States, SS39 post Office
have been rc-opened.
PUBLIC LANDS.
= Secretary Browning reports that 4,G29,OO
acres of public land were sold, entered, 10
Gated or granted last year, and the cash re
. cepts were SS24,000. Land offices hav
been reopcned in Florida. Alabama, Miss
} issippi, Louisiana, and Arkansas.
CROPS.
The Commissioner of Agriculture esti
mates the crops as follows: Wheat, 10000,
coo bushels corn, SS0,000,000 bushels-al
increase Of 40,000000 over that of 1859
cotton. 100000 bales at 400 pounds eacI
| The farm stock in the South is from 5
) to so per cent. of the amount returned b,
the census of 1860.