The Weekly Perrysburg journal. [volume] (Perrysburg, O. [Ohio]) 1861-1???, 1866-12-07

no exceptionsl nor unusual expenditures,
the oppressive burdens Of taxation can DO
lcssened by such modification of our
revenue laws as will be consistent with the
public faith, and the legitimate aud neces-
sary wants Of the government
The report presents q much moro satlefac-
tory condition OF our finances THAI one year
ago the most sanguine could have anticipa.
ted. During the ascal year ending the S0th
OF June, 1865, the last year OF the war, the
public debt was Increased S9ll goa 6S7, and
and on the 3lst OF October, 1883. IL amount.
ed to 81. .740, ,S54,70. On the 3lst day OF Octo-
Der, 1866, It had been reduce d to ~, 5S1, $40.
000, the dlmlnution, during period OF four
teen monthe, commencing September 1st
1885, and ending October Sd, 1850, having
been 5000 ST0, 565. In the last annual report
on the state Of the finances, II was estimated
that during the three quarters OF the fiscal
year ending the S0th OF Juno last the debt
would be increased f1l3, 194 047 During that
period, however, II was reduced f3l, ,196 3S7,
the receipts ofthe year having been 81 905.
OO5 more, and tho expenditures 500, $40 1886
less than the estimates. Nothing could
more clearly indicate than these statements
the extent and availability OF the national re-
sources, and the rapidity and safety with
which, under our torn OF government, great
military aud naval establishments can be dis
banded, and the expenses reduced from war
to peace footing.
During the fiscal year ending the S0th OF
June, 1866, tho receipts were e5SS, 0S2 690
aud the expenditures e520, $50 $40, leaving an
available surplus of e37, ,2Sl $50. IL IL esti.
mated that the receipts tor the ilscal wear
ending the S0th June, 1877, will be $470, ,061,-
1856, and that the expenditures will reach the
sum OF 1916 42S, ,07S, leaving In the Treasury
surplus OF Sl5S, ,633, ,S0S For the fiscal year
ending June so, 1868, It Is estimated that the
receipts will amountto $4S6 600 0o0 and that
the expenditures will be $3.50. 2A7 64l-show-
ing an excess Of $S5, ,752, ,S59 ln favor of tho
Government These estimated receipts may
be diminished by reduction Of excise and
import duties; but, alter all necessary re-
ductions eball have been made, the revenue
OF the present and Of following years will
doubtless be sufficient to cover all legitimate
charges upon the Treasury, and leave large
annual surplus to be applied to the payment
OF the principal of the debt. There seems
now to be no good reason why taxes may not
be reduced as the country advances In popu.
latlou and wealth, and yet the debt be extin.
guished within the rext quarter Of q century.
The report of the Secretary OF War fur
nishes valuable and important informa-
ton in reference to the operations of his
Department during the past or. Few
volunteers are now in the service, ana they
are being discharged as rapidly rs they
can be replaced by regular troops. The
army has been promptly paid, carefully
provided with medical treatment, well
sheltered and subssted, and Is 10 be arm
ed with breech-loading small arms. Tho
military strength Vt the nation has been
unimpaired by the discharge Of volunteers,
the disposition of unserviceable or perish
able stores, and retreDchment of eXpendi-
ture. Sufficient war matersl to meet any
emergency has been retained, and,I from
the dlsbanded volunteers standing ready
TO orespond to the national call, large ar
mics can be rapidly organized, equipped
aud concentrated. Fortifications on the
coast and froptiers, have received. or are
being prepared for more powerful arma-
ments; lake surveys and harbor aud river
improvements are in the course of ener-
quito prosecution. Preparations have been
made for the payment of the additional
bounties authorized during the recent ses-
sicn'Of Congress, under such regulations
as will protect the Government from fraud
andsecure to the honorably. discharged sol
dier the well-earned reward Of his faith
fuloess and g4llantry. More than six
thousand manned soldiers have received
artificial limbs or other surgical appar-
atus and fIrty.One national cemeteries
containing the remains Of 104 ,526 Union
soldiers have all ready been established
The total es innate of Military appropria-
tions is $25,205 $50,
1t is stated in the report of the Secretary
OF the Navy that the naval force at this
time consists of two hundred aud seventy
eight vessels, armed with two thousand
three hundred and fifty one guns. OF
these, one hundred and fifteen vessels,
carrying one thousand and tweniy-nine
guns, are in commission, distributed
chiefly among seven squadrOns. The
number of men in the service is thirteen
thousand six hundred. Great activity and
vigilance have been displayed by all the
squadrons, and their movements have
been judlciously and efficiently arranged
III such manner as would best promote
American commerce, and protect the
rights and interes of our countrymen
abroad. The vessels employed are under
going repairs, or are laid up until their
services are required. Most OF the iron
clad fleet are at League Island, in the
vicinity of Philadelphia, place which,
until decisive action should be taken by
Congress, was selected by the Secretary
OF the Navy as the most eligible location
for that class of vessels. II is important
that a suitable public station should be
provided for the iron clad fleet 1t is
intended that these vessels shall be in
proper condition tor any emergency, and
it is desirable that the bill acctp pung
League Island tor naval purposes, which
passed the House of Representatives at It's
Adob cCoNAOu, ouOuAu ICCClfc uldl dCLlO1 AL
an early day, in order that there may be
suitable public station for this class of yes.
ssels. as well as navy yard of area suffi-
cient for the wants of the services on the
Delaware river. The Naval Pension
Fund amounts to $l1 ,750, 900, having been
increased 50 $50 900 during the year. The
expenditures of the Department for the
fiscal year ending 30th of June last were
$43 324 .526, and the estimates for the
coming year amount to $23 .56S, ,486. At
tention is invited TO the condition of our
seamen, and the importance OF legislative
measures for their relefand Improvement
The suggestions in behalf of this deserv-
ing clsss OF our fellow citizens are
earnestly recommended to the favorable
atteneiOn of Congress.
The report of the Postmaster General
presents a most satisfactory condition of
the postal service, and submits recon.
mendations which deserve the cOnsidera.
ton of Congress. The revenues of the
Department. for the year ending June 80,
1866, were $i4 1856 986, and the expendi-
lures $40 352 O79, showing an excess of the
latter OF $965, ,O93. In anticip alton of this
deficiency, however, special apprOpIia-
ton was made by Congress 10 the act ap-
proved July 28, 1865. Including the
standing appropriation Of 500 600 for
free mail matter, as a legitimate portion of
the revenues yet remaining unexpended
the actual deficiency for the past year is
only $265 O03-a sum within $5l,14l of
the amount estimated in the annual rep IT
Of 1854 The decrease of revenue, COM
pared with the previous year, was one and
one fifth per cent, add the increase oftx.
penditures, owing principally to the en-
largement OF the mail service In the South,
Wi QlUQ no he M