Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1868-08-06

HtoHttu tyuoFS, HluHbJQcIUTe0 tOOUccO
gas, matches and playing cards. Perfu
mery, cosmetics, patent medicines anG
a few other manufactured articles are
subject to stamp tax proportioned tc
their selling price, since July, 1865; furth.
ermore, the additional tax of five pei
cent on incomes in excess of five thou
sand dollars has been repealed, and the
exemption on all incomes has been in
creased from 5000 to $1,000. The taxa
ton formerly imposed on the gross re-
ceipts accruing from the Transportation
of merchandise has also been entirely
removed.
Coincident with the above reduction
of taxation, or from August 81, 1865, TO
June 80, 1858, the aggregate of the ma
tlonal Indebtedness, including cash in
the Treasury, exhibits reduction in
round numbers of $3.50, 100000 On this
abatement of the debt the reduction of
the interest, calculated at six per cent,
would be SIS 900, 900 per annum.
THIRD-EXPENDITUR oFTHE WAR DE-
PARTMENT.
The aggregate expenditures made
through or under the direction of the
War Department, from April 1st, 1865,
to June 30th, 1868, inclusive, were S9l7, =
ll7,043 43. OF this aggregate the dis
bursements for nine months, or from
April 1st, 1865, to December 31st, 1865,
as stated by quarters, were as follows:
second quarter of l96, ,277 So
Fourth do do .,.,..... 6si2Si s.
Total. s47 6SS 056 SO
1t thus appears that of the above total
expenditures of the War Department
nr- Nf hc
was directly contingent upon the ter
mination of the war, and the disbanding
of the army; and was disbursed in the
nine months Immediately succeeding
the surrender of Lee in April, 1865
The balance of expenditure charged to
the War Department on the books of the
Treasury-viz., S269, ,42S 1897 10-covers a
period of thirty months, or from January
l, 1866, 10 June 80, 1868, and represents
the disbursements further contingent
upon the termination of the ar,-such
as arrears of pay and transportation of
troops, the regular expenses of the mill
tary establishment, the expenses of the
Indian war in the summer and fall of
1867, the payment of bounties ISIS, ,3S2,-
S59) from July l, 1866, to June 80, 1868,
the payment for property lost or destroy
ed in the military service of the United
States (Sil 100000, the reimbursement
of State claims in 1S67-S (S10, 1886, ,OO0),
river and harbor Improvements and the
expenses of Notifications, subsistence of
Indians, Freedmen's Bureau, expenses
of reconstruction, &c.
FoURTH-EXPENDTrUR OF THE NAVY
DEPARTMENT.
The expenditures of the Navy Depart
ment from April l, 1865, to June 80, 1868,
were S1S3, 1926 OF this amount $50
S47 1888, or As per cent. were disbursed
within the nine months Immediately
succeeding the termination of the war
in April, 1865. The balance, S73, ,271 ,407,
covers the regular expenses of the navy,
for period of thirty months ending July
1, 1868, as well as the disbursements on
account of prize money, and for the set
tlement of contracts entered into prior to
the end of the war.
BUREAU AND RE-
. CONSTRUCTION. .r,.-.
According to the accounts of the
Treasury the expenses of the Freedmen's
Bureau since its organization have been
s., ,617, 900. Concerning the proportion
of this expenditure incurred by the bu-
reau for the relief of the starving and
destitute of both races, and for educa-
tional or other, purposes, the Treasury
has no information.
According to the accounts of the
Treasury the expenditures contingent
upon the acts of Congress regulating re-
have been 81, 344, 100 56.
CoNCLUsIoN.-The above statements
are derived from the books and accounts
of the Treasury Department, and believ-
ed to be substantially correct.
lam yours, most respectfully,
[Signed,] DAVID A. WELLS,
q. S. Special Com. of Revenue.