Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1870-09-02
The AdministratlOn's Financial Record
or a Year.


THE address Of the NatippsI Republi-
can Congressional Committee, In setting
forth the economy OF the present Admins.
tration, contains only such an approx
mate estimate of receipts and expenses
nished at the time the address was pre.
pared. For the purposes Of the cam.
paign II Is better to have the said figures
from the proper official sources.
These have been prepared at the Treas
ury Department, and are based UPON The
warrants actually issued. They show
that the National Committee has taken
the safe side in its address, and in each
item has understated the figures which
stand to the credit of the Administration
The receipts for the fiscal year ending
June 30, 1870, we're;
Customs. .$l9t 53s, ,374 a
Incidental and miscellaneous, in. '''TY''0 ~
cluding directtax, ;. ........... 9e,4e6 s6i "a
Internal revenue. ..,..n: 49,. 1880, ,756 40
Total receipts. .s4i1 256, ,477 63
The expenditures for the fiscal year
ending June 30 we're:
Civil, foreign intercourse, and mis-
celhneOuA., ...,......s..ssss.... ~ 231, ,O6S 80
Interior, including pensions and In
dlane. 81 .74S l1i0 80
War Department.. :. ..."....... 576b5 67b 40
fHtsrcst on public debt. .l.I. 127 7SS s$ q q
Total, exclusive OF pubic debit. $2oa 1a4 O52 IS
redemption OF loans''''''' ''...., 1s5,3J9,29i 20
Total expenditures. ..s"-~.y... =. $4lT4ss,s15 50
Balance on hama July l. 1869. Sfbb $50 San *
Balance on hand July 1, 1S70...... 1850 471V6O
d The receipts for the preceding fiscal
year ending june 30, 1850, were q
Customs. .hs.. $50, ,04s 496 6s
fuOnc lands. ...'..'.............". 4020 3ii 81
internal revenue ;............. 1886 400 SO
Total. 1870, ,O48 747 81
Excess OF receipts for 1870 over 1869 S4Os1i 73O AZ
The expenditures for the fiscal year
ending June 30, 1859, were -$331, ,555,.
277S0, showing the excess of expenditure
OF that year over the one just ended to be
$50 ,43l, 1876 90.
The increase of revenue and the de-
crease of expenses show, for the first
year OF Grant, a balance in its favor Of
Besides this, during the year 1869 only
$lO,364 ,69O.O5 was applied to the redemp.
tion of loans, while during the last fiscal
year $ls5, ,3O9, ,29410 was paid on this &C
count
statement showing that the net decfease
in customs receipts under the new tariff
will be $23038, 1877 33.
The total decrease in taxation from in
ternal revenue and tariff is estimated at
the Treasury to be about $S0,000,000.
The retrenchment imposed by the last
appropriation bills are being conformed
to strictly, not only in the departments
here, where thefoTc is cut down to the
lowest number compatible with the effi-
cient performance of the public business,
but also throughout the country IN all the
various ramiications of each department.
The figures for the present fiscal year
will be still more favorable than for the
last, for the very good reason that, the
abuses of Mr.. Johnson's time were not
overcome till Grants first fiscal year mad
nearly ended. For six months of the time
the condition of affairs directly charge
able to the last Administration was dead
weight in all the departments. Each,
however, starts free with the beginning
of this year, and its promise is good
Wash. Cor. Cincinnatt Gazette. So