New-York tribune., 1868-07-29

matches, and playing Perfumerv. cosmet-
les, patent medicines and few other manufac-
tufed articles, are subjected to a stamp-tax pro-
p0itioned to Their selling, price. Since July,
1860, furthermore, the additional tax of five
per cent on incomes i'll excess of $4,000 has
Deen repealed, and the eXemption i'm all in
comes has been increased from 5000 to 81 900.
Inc taxation formerly imposed on the gross
I Iecelpts accr4lng from the transportation of
| merchandise has also been entirely removed.
COlncldent with the above reduction of taxa
uOn, OF from the 3lst of August, 1865, to the
3Oth of june 1868, the aggregate of the national
lhdeDtedneSs including cash in the Treasury,
exhibits reduction in round numbers of
lS25O,0OO,0OO) tlcO hundred and ffty millions
On this abatement of the debt, the reduction of
the interest, calculated at sir per centum,
would be (Sl5,OOO,OOO) fifteen millions per an
mum.
Third, Expenditures of tie Var Department.
The aggregate expenditures made through
or under the direction of the War Department.
from April 1, 1865, to June 30, 1868, inclusive
were S9lI11I0i3 43. Of this aggregate. the
disbursements for nine months or from April
|, 1865, to Dec. 81, of the same year, as stated
by quarters, were as follows:
From April to June 80, s65............ A496,27 SO
From June 80 TO sept. 80, 1865 I6369237 80
FROM sept 80 TO Dec 81 lSG5.......... 68l22,5 Go
s647essO56 80
1t thus appears that of the above total ex-
penditures of the War Department, S647, ,68S, ,0OO
or 20 per cent of the whole, were directly con-
tingent upon the termination of the war and
the disbandng of the army, and were dis
buTsed within the nine months Immediately
succeeding the surrender OF Lee III April, 1865
The balance of expenditure charged to the
War Department on the books of the Treasury,
viz 69,42S,9S7 10, covers a period of thirty
months, or from Jan. /, 1866, to June 30 1868,
and represents the disbursements further con-
tngent upon the termination of the war, such as
arrears of pay and transportation of troops the
regular expenses of the military establishment;
the expense of the Indian War in the Summer
and Fall of 1867; the payment OF bOunties
(S49,3S2,Sj9 from July l. 1866, to June 30, 1869;
the payments for property lost or destroyed III
the military service of the United States ($11,-
0O0,000); the reimbursement of State claims
10,33O000 in 1878; river and harbOr improve
ments, and the expenses of Notifications; sub
sistence of Indians; Freedmens Bureau; ex-
penses of Reconstruction, &c, &c.
Fourth Expenditures Of the Nary Depart
ment.-The expenditures of the Navy Depart
ment from April l, 1865, to June 30 1868, were
$133, 1926 81. Of this amount, $50 1889 So,
or 40 per cent, were hsbursed WITHIN tle nlne
months Immediately succeeding the termination
of the war in April, 1865. The balance OF the
above expenditure, S73,271 407, covers the regu-
lar expenses of the navy for period OF thirty
months, ending July 30, 1868; rs well as the
disbursements on account of prize money and
for the settlement of contracts entered INTO
prior to the termination of the war.
Fifth: Ereedmen's Bureau and RecoaSt,uc-
oR.-According to the accounts of the Treasury
the expenses of the Freedmens Bureau since
its organization in 1866 have been as follows:
Disbursements prior TO June 9O 1867. S2402COO
Disbursements from July 1861 TO June 80 1868 S2l5OOO
Total. s5,6i7oOO
Concerning the proportion of this expenditure
incurred 10y the Bureau for the relief of the
starving and destitute OF both races ana 1Or
educational or other purposes the Treasury has
no information.
According to the account of the Treasury, the
expenditures contingent upon the acts OF Con-
gress regulating Reconstruction" have been
as follows:
Disbursements prior to June 80, 1867 Al5i3O SO
Disbursements from July l. 1861 10 June 80, - .
IOt0l- ~
THE above statements, derived from the books
and accounts of the Treasury Department, are
believed to be substantially correct.
am yours, very respectfully, ,
L. S. Special Commissioner Of Revenue.