The tri-weekly news. [volume] (Winnsboro, S.C.) 1865-1876, 1866-12-08

indicate than these statements the ex.
tent and availability of the national
resources. and the rapiditv and safety
with which, under our form of govern
ment. great military and naval cs'ab-
lishments can be 6isbanded, aud expc.-
ses reduced from war to peace foot.
ing.
During the fiscal year ending 'hc.30th
OF june, 1866, the receipts were $55S,
o32,62o, and the expenditures $500,
75O:9iO, leaving an available surplus of
S37,2Sl, $50. 1t is Gstima ID that the
receipts for the fiscal year ending tic
30th 'mc, 1867, will Go 1915, ,OGl.38G,
and that the expenditures will reach tho
SUM Of $3lG, G,42S,O78, leaving in the
Treasury surplus OF Sl5S, S,633 ,30S.
For the fiscal year ending June 30tlr.
1865, it is estimated that the rcceips
will amount t" $I3G,000i0 and that
the expenditures will be $2JO,2476il,
showing an excess of &S5,752, 1863 in
favor of the Government. These est.
mated receipts may hc diminished BY
reduction of excise ard import duties
bat after all necessary reductions shall
have been make, the revenue OF the
present and Of following years viii
doubtless be sufficient to cover all leg,ti.
mate charges upon the Treasury, and
leave large annual surplus to be ap.
pied 10 the payment oC The principal of
tie debt There seems now to be no
good reason why taxes may not be re.
duccd us The country advances in popu
lation and wealth, and yet the debt be
eNlinguished within the next quarter Of
century.
The report Of the Secretary OF War
furnishes valuable and important infor.
nation in reference to the operations Of
his Department during she pa year.
Few volunteers now remain in the ser.
vice. and they arc being discharged as
rapidly as they can be replaced bv rcgu.
lar troops. The army has been promptly
paid, carefully. provided with medical
treat ment well sheltered and subsScd,
and is to be furnished with brccch load.
ing small arms The military strength
of the nation has been uHimpa,red by
the discharge Of volunteers, the disposi.
tion o! nnservicenble or pcrshable stores,
aed The cntrenchment OF expenditure.
Sufficient war material TO meet any
emergency has been retained, and, from
the dsbanded volunteers standing ready
to respond 10 the national call, large
armies can be rApdly organized. equip
ped. @nd concentrated. loltilicalions
on ilyc coast and frontier have received.
OF are beng prepared FOR more powerful
armaments; lake surveys and harbor
and river improvements are IN course Of
energetic cprosccution Preparations have
been made for the payment of The addi-
ttonal bountics authorized during the
recent session Of Congress. under such
regulations as will protect The Govern
mcnt from fraud and secure TO the
honorably discharged soldier the well
earned reward OF his Githfu!ness and
gallantry. More than six thousand
manned soldiers have received artificial
limbsand other surgical apparatus; and
forty.one national cemetrirS, containing
the remains of l04, 4,52G Union eoldicr;,
have already been established. The
total estimate Of military appropriations
is $25, ,205, $50.
1t is stated in rhc report Of thc
Secretary Of the Navy that he naval
force at this time consists Of two lm.
dred and sevenay.ciglt vessels, armed
with two thousand three hundred and
fifty.onc guns. OF tlYrSc, one huudtcl
and Gitecn vessels, carrying one thU,',
and twenty.pnc guns, are in commissiou
I'll