The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1871-12-14

tax. ......,................ 3s5,5s5.16
Proceeds of sale of coin interest on
sinking and special funds. 7,701 ,662 70
From miscellaneoussources. ....... S,753, 189.61
Total. $40. 19s, 874 60
The expenditures for the same period excluding |
For civil and miscellaneous purposes sic 1882 46
For War Department.. II, $50 653 .05
For Navy Department. Observation-Disclosures. 6,553, 04O,93
For Indians OBSERVATION-DISCLOSURES. 3,404, 1888 40
For Pensions. 5000, S98. 90
For interest public debt. SO, 125, 124. 81
Total. .$8S, sos, 1882 80
The estimated receipts fer the remaining three |
quarters OF the year are as follows: oo 80 |
From customs ................ -. Sl4o,O00.OO0
From internal revenue 90,0OO.OOO
From sales Ofpublic lands 2O00OOO
From miscellaneous sources 1S,O00.OO0 |
Total 1858 600 600 |
The estimated expenditures for the same period, |
except payments on account of the sinking fund,
are:
For civil and miscellaneous purposes $50.0OO.00c
For War Department 3000.000
For the NAVY Department $500. coo
For Indians ouOOUVV
For pensions 24,UO0.UUOl
For interest of public debt S5OO0.0Ool
Total 5000, 500. 600
These estimates show balance applicable to the
payment of the principal of the public debt for
the fiscal year ending June 80, 1872, of ST. 794991
69
The receipts and expenditures for the fiscal year
Recei6ts from customs $212, 600, 900
Prom internal revenue 1876, 000, 900
From sales Of mblic lands 3'OO0,0OO
From miscellaneous sources 100000
ro+o, sa5o o00 00O 90
EXPENDITURES.
Legislative establishment g. 40 "a s91 a a9
TndiciaI esfabiishment $3.50, $50. no
Military establishment 81 AZ 5O9 9 IS IS
7 NaTaI e a9airs
Pensions sO,4SO,OOO.OO
Public Works under the Treasury De- . ,oa soo 40
Pd iii Works under the Interior De-
Partment W.. noo-4 24'48e 10000
men manr '" u II. 600. 662 81
Public Works under The Navy Depart ..
pb 4ge Works nnaar the Agricultural
Department $4,000
ro.., @1o4 go5 500 20
Postal service 5,474 10000
Miscellaneous 1868 3 525 a d
sinkinr fund 528950. sc
Interest upon the capital Of sinking
1und @'o'3oo'oo
Total s3O1. 7O5 0se. 90
These estimates show balance of $57,.
| 294 963 OF applicable to the payment of
the principal Of the debt, in addition to
the sum Ct 1886, 1913 SO, due on account of
the sinking fund, or the sum of of 1885,
| 974, 1926 OF In all the estimates for the
fiscal wear, have not included in the re-
ceiptS the premium on gold which NAV be
sold, nor in the expenditure the premium
| which may ne paid on bonds to be pur-
chased in currency Tn the SUGGESTIONS
have the honor to make In reference to
| the reduction Of taxes, [ keep in view
| two important facts: First, tnat the
ability Of the nation to paw ut least $50.
| 600, 600 annually Of the principal of tho
public debt shall not be impaired, and,
secondly.that in the chance ofthe revenue
syatem no violence shall he done to the
business interests Of the country. While
do not undertake to state nrecisely the
Aanses which have contributed tn the
public prosperity. there Is no substantial
reason fcr QUESTIONING The truth of the
statement that the last few wears havt
! been fine most nrosnaro,o in tha biotorr
Of the country-years without example in
orr own affairs. and without narallel in
the affairs of any other Government. It
is practicable to dispense with nj, revenue
| from internal sources eycent that DERIVED
from stamns snirito trI.ooo anS n,a1t
lionors Tbest s,nrc.S olon1d fnro;sb for
tha wars 1879 and 1a79 r.,nnrra ~
about nm, hnndrsd and +e,, n,;llinn ot
4 dollars MAKING y rednc+ion ~ tave, IF
sixteen millions of doll,ro Tho revenue
frnr, cu.tnns nnder nv;st;,,,. nd
from lands and m;scaIlanneons a :,
wonld a,,,ount to about two hnnd r rul1 and
thirtv three millions more maL;ng =
III aleo anu lolVs-snlee millions or dollars.
Il L.