, 1872-12-03
TREASURY REPORT.

TREASURY DEFAHIAEN11 A1eC- - 4o.-.
SIR: Whatever degree Of success has attended me
administration Of the Treasury Department u4s - ~
year, is due largely 70 the ability and hasn5g o. .n7
officers and clerks of the several Bureaus and
There have been some exceptions to the general gooa
conduct Of the working force but the number OF neso
yin not Be thought rse when y s 81 S1Sh nat Of
whom nearly 400 are constantly engaged ~ Aauae
con notes. md money secutities o. me ~ 4h
service rendered. but others, who fill places great
responsibility not By any means aaeqnaIeiy Gull
tablished reputation frequently drawn away Gy
offers Of better pay elsewhere. This compennon VII
leave the business Of the Department 3 hnas nne
Of justice leads me to recommend AZ e5ease o. .ne
salaries Of the Assistant Secretaries Of the Treasury
tatue the sale Of s2o0 in per cent bonds aud
the redemption Of $500 0oQ 600 Of per cent ~ bonds
has been competed and he accounts M nave oeen Se
made Upon he basis Of the former negotiations;
status to the bonds authorized BY The Funding act Of
July H. 1870, and additional security to the owners,
that bonds Of issne shaa ee IN nde S Son
When this privilege is granted, the desire TO convert
them will cease. The moneys received and recovered
into the Treasury during the fiscal year ended June
From customs: ,eIo 2sG79
intesna intes oa pssesa rsvenue u 1so l775a
Tax On nj National Bank circulation, &C.,. 6,5233e6.s9
Repayment o1 1NLe1esl W fdIlle aAL-
road Company ny.........-.....-...--... 14s,oo!.ot
CustoIns, fines, kc.................-.. 1l36, ,4a54
Fees consular, patent lands, &c...... ec84 095 9s
Miscellaneous sources. 4,4i1,2'4+A
Total ordinary recepts 1854 694, 90, 81
Premium on sales Of coin.........-... e41o,637.65
Total net receipts. .sa74, ,1o6, ,ss7.5s
Balance in Treasury, June ao ls71, in
then unavailable sources -Sl09, ,835, 7O559
Total available cash. 1854 64e, ,s7s.15
EXPENDITURES.
The net expenditures, by Warraat fof the same Pc
For civn expenses. 1918, ,o59.4o
inda9s uiI 7,oG, ,7as.9
Pensions .................. q, So, 427, GO
Military estabishments including forti-
n1ents. and srsenals. ........... 20
/ Navn1 establishment, including vessels
navy nv ~ yards . ,24s, ,soes 80
buildings, lighthouses, etc, and col
lectng the revenue. 42 958, ,319O8
Interest the public 1887 ,83972
| Total, exclusive Of principal and
premium On the public debt. .S270, ,659, ,695.91
Premium m bonds purchased. G,e58 a6G, ,7e
Redemption Of the public debt 99,96o25354
Total. .s1os, ,e1s5 52oso
rotn1 net disbursements. .se77, Az, ,21e. e.a1
Bs1nce in Treasury June 3o 1862. 106 564 35694
----
Total. .s4a4, s4a4 o42 57a is
| REDUCTION OF THE DEBT.
From the foregoing statement, it appears that the
NET reduction OF the principal OF the debt during the
dscal vear ending June 50, 1872, was s5so60
The sources OF the reduction are as follows
Net ordinary receipts during the year 1864 694 81
| Net ordinary expenditures, including in
terest on the public debt. 270 96e59 81
Teayug surplus 94l3 ,534.oo
Add the amount received from premiums
on the sales Of gold in excess Of the
eca .cash II baIanca % at the I close Of The year,
as compared with the same at the com.
mencetueut Of the year... 3,371, ,348.C0
Total. ,,..............S 90, $50 253.54
rtI;c da1t ~ the 1nonthy Statement Of the public
feb which inciudes the principal interest due and
5ucs the cash IN Treasury as ascertained on the day
nnh1ication The reduction 5Taa sl0Q "a, The
sonrca n ff{a Tpductinn ia "a follows
T.5ro+{on n nrincinaI occnrnt E 90 160 O03 81
f'eaue''on Ii onpa4o o-o-o-..o
| Tota1 e1o3. .2s0 $50 so
Endnc+inn in cash on hand ...... 2746 4G5 %
49, ----
| Tot,1 sloD Ell 49l %
cornnarison Of the reduction in the principal ac-
o,,t shn1r hv the above tah1es dsc]oses ffifer-
II se5o nccaioned by an error receuty discover
ed and hich ia fully explained in note on Page Of
ts shoT he pup
deht from MARCEL l. 1863 to the present time Is fol-
| 80. - =