The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1866-12-05

message expressed nay generatYIew
upon these subjects. | need now on
ly. call attention to- the, necessity of
carrying into eVefy-department of the
Government a system of rigid ac-
countability, thorough retrenchment,
and wise economy. With no exoepl
| tiohal 8oy unasitsl Iekpenditdres, the
oppressive burdens of taxation can be
lessened by such a mcdificats on Of
our reyennef1aYs as will be consistent
with the public faith, and the & fHgiti5
mate and necessary wants Of the sGQyh
eminent.
ATK9EreE brR preseats1 much mcD
satisfactory condition of our sfnauees
than one year ago the most safguine
could have5 anticipated. During the
fiscal year ending the Both June, 1865,
The last Year of the war, the public
sdebt was inamsed ga OF, f7SS'7 ana
IOn the 3igtfaay 6f9let9ser. 1865, it
s al To Ss Ss 74ds SIfS6 On the
31st day of October, 1866, 5is. Fhad
sbeea ereduceds toj $2I55I ,3l0, 006, the
diminutiofi,, during a Period of four
teen cmonths,S 7commencing Sept.oSl,
1868, y and ending October 3f,,od466.
having been, $206, 3379, 566 In the
last annual reporton the state of the.
finances, it was estimated that-dafihg
| the, three quarters Of the fiscal year
ending the Both Of June last, the debt
would be increased $I12. I94,947. Dur
| ing that period, however. it was .re-
duced $31 /, 196, 1897, the receipts of the
year having been $69, sos, 905e more,
and the expenditures 5000, 1926
less than the estimates9W Nothing
could more clearly indicate than these
statements the extent and availabili-,
ty of the national resources, and the
srapidity and safety with which, under
our form OF government, greatDcfnili-.
tary and naval establishments can be
.disbapdeds and expenses reduced from
a war to peace footing al n
During the fiscal year ending, the
Both Of June, 1866, the receipts were
1858, 032, $40, and the expenditures
Is52O,7b0 $40 IleaViag an available sur.
plus of $37 ,2S1 $50. 1t is estimatedi
that the receipts for the fiscal year
ending the Both of June, 1967g.wili
be s4T5 16l 1886, and fkat.the expeh-,
ditures will reach the sum of $316, 423, r.
078, leaving in the Treasury a surplus
of $158;633, 30S. 4 For the fiscal year
ending June 30, 1868, it is estimated,
that the receipts will amount to S436,-- :.
j000e000 and AthatT the expenditures
Will be 1856, zf7, 6413showing an 4ex45
cess of $85, 752, 359 in favor OF. the
GoverRplentrg These Cestimated re-.
iceiipts may be z diminished by a reauc1'
ton. of excise and import duties; but
after all necessary deductions ishaIl
have been made, the revenue Of the
present and of following wears will
doubtless Be Sufficient to cover all leaI
Ultimate charges upon the Treasury, /
and leave a great annual surplus to be
Applied tosthes payineht 0f the princi-
pal of the debt. There seems no@0t0g
be no good reason why taxes mayaHet
be, reduced, . as the icpuntvyg advance sl
in population and wealth, and yet-the
debt be extinguished within, then extg
quarter of century.
MILITARY CONDITION. Hsg. O1
AThe+eptrt IF f. the II SecTfetary Of Wiz
furnishes valuable and important ind
formation in refereneelto the opera
lions of his Department. .durin ggtbe |
past year. Few Volunteers now re-
main in the service, and they are bent
inggl8se harged as rapidly as they can,
be replaced by regular troops. The /
army has been promptly paid, care
fully provided with medicaI trea tment,
well sheltered and subsisted, and is /
to be furnished with breech- loading
smallmrmssgT The military Strength of
the nHtioH has been ttnimpaired by the
discharge of volunteers, the DISPOSE |.
ton, of unserViceable or perishable /
stores, and the retrenc hnlent of ex-
Sufficient war material to- i
meet any emergency has been retain
ed and from the 5disbanded yolun- \
teers standing ready Ito respond to
the national call, large armies can
be rapidly organized, equipped andtl
Notifications on the 4
coast and frontier have received, J
or. are Being prepared for more pow +
erfulb ornaments; lake surveys and !
harbor and river improvements,
are iuf course Of energetic prosecution.
have been made for the
of the additional bounties
authorized during the recent session
Of Congress, under such regulations
as will protect the Government from
fraud, and secure to the hor orably +
soldier the well-earned re- D.
ward of his -faithfulness and gallant
". More than six thousand manned
soldiers have received artificial limbs 4
or other surgical apparatus; and for 4.
y.one national cemeteries. contain
ng the remains of 104.526 Union sol ! /;
Hers, have already been established,
The total estimate of military appro-,
,riations is s25, 205.669.
bne I 2. = THE NAVY. ID
It is stated in the report of the ;
Secretary of the Navy that the naval I
oree a Ethiso time consists Of twot
hundred and seventy eight vessels, 1
rnIedwith. two thousand three hum 1T