American citizen. [volume] (Canton, Miss.) 1864-1890, 1872-12-14

lie buildings. lighthouses. and collecting
the revenue, $40. 95S, 329.5 IS. Interest on
the public debt, SIT ,357 .S3S.72; total lex
elusive of principal and Pr emium on pub
lie debit. $27O. $50 .695 81: for premiums
redemption of the public debt, 500, $780,
253. "a; total, S1O6.9lS. 500. 30; total net
disbursements, 1877 AIS .216.21; balance
in treasury. June Both. 1872. SIS. 564. 356-
81; total, S4S4, O42 .573.15; from the fore
going statement it appears that the net
during the fiscal year enting June Both
1872, was 500, 800, 253.4.
The source of this reduction is a follows:
Net ordinary receipts during the year.
1854, 694 ,229.91; net ordinary expendi-
| lures, including interest on the public
debt, S270, $50 ,695.9l; total S94 .l3l. 3d.
90. Add amount, received from premium
on sales of gold in excess of the premium
paid on bonds purchased, S2.454 470. SO.
Add the amount of the reducti n of the
| cash balance at the close of the year, ac-
companied with the same at the COM
mencement of the year s.. ,24S. IS to-
tai, 500 .960. 253.54. This statement treats
solely OF the principal of the public debt.
By the monthly statement OF the public
debt which adds together the principal
and interest due and unpaid, and interest
accrued to date due, and detlucts the cash
| in the treasury as according, on the day
| of publication. the reduction was $780,
| IA 19i. 20.
The source of this reduction is as fol-
| lows: Reduction in priIlei..., srrhunt
'"9'96o, 2''' -; r'd....-tIo1 in unpaid inter
a. acc"'. ~ .; .3}D. 952 1j total. Sl03 2g0.-
..'rn0 Reduction, in ras, on hama. 81
! 746 .465 a; total 800. 54l .49l %. On the
basis of the last table, the statements show
| s. reduction rt the piitI,ic d. bit from tin"
i list o; March, 1859 tn the present time. a.
| follows: from March l. 1859. to March I .
1870. SS7. l34.7S2. ST; from March |. 1870
10 March ]. 1871. SI17. 6I9. $50 -; from
| March !, 1871. to March /. 1872. Saf =
S953iSs9i: irGm Marci /, 1872. to No
: veIiiber /. 1872, eight months, Sol Oh, :
231 81. Total, 1868 696 $3.50 81. With the
great reduction of taxation by the acts
| Of Congress at its last session, the eXpeI-
| diture of the Government in cnlieeriug
the revenue will be much reduced for the
next fiscal year. IL is very doubtIIl.
however. whether any further reduction
| ct 50 veXatious Il burthcn upon any peo-
/ pie will be practicable for the treseni
1t all events. As 4 measure OF justice
/ to the holders OF the nations certificates
( OF Indebtedness. | would recommend
that no more legislation be had on this
subject, unless it be TO correct errors OF
omission or commission in the present
prove that it can he done and still leave
sufficient revenue to meet the current cx-
penses of the Government, to pay interest
on the public debt. and provide for the
sinking fund established by law. The
preservation of our national credit IS of
the highest importance.
Next In iniror snce to this comes 4 SOD
eElq duty to provide national currency
of fixed value as compared with gold. and
as soon as practicable. having due regard
for the interests of the debtor class and
the vicissitudes of trade and commerce.
and convertible into gold at par.
The report OF the Secretary of War
shows the expenditures of the War De-
partment for the fiscal year ending June
the fiscal year ending June 30th, 1872, to
be S35,372 1870, showing reduction in
favor of the last fiscal year OF S427 .S:4. 90.
The estimate for military appropriations
for the next fiscal year, ending June 30,
1874. are 500. sol .37S. The estimates of
The chief engineers are submitted sepa-
rately for Notifications, river and harbor
improvements, ana for public buildings
and grounds and the Washington auue-
duct.
The affairs of the Freedmen's Bureau
have all been transferred to the War De
partment, and regulations have been put
into execution for the speedy payment Of
properly coming under that bureau. All
war accounts for money and property
prior to 1871, have been examined and
transmitted to the Treasury for final set
Element. Daring the fiscal year there
has been paid for railroad transportation
S1.3OO.OOO, of which SSO.S57 was over
the Pacific railroads for transportation
by water, S626.373.52; and by stage, 81
S97 .5S4 and for the purchase of transport
tatiOn animals. wagons. hire of teamsterS,
&C.. &C., $924.65O.64. About $37O.OOO have
been collected from Southern railroads
during the year, leaving about S4,000,000
still due. The quartermaster has exam
ined and transmitted to the accounting
officers for settlement S376,l72.7l OF
claims by loyal citizens for quartermas-
ter's stores taken during the war; Subsist-
ing supplies to the amount of S. 904, Sl2.
have been issued to Indians; the annual
average mean strength of the army was
"a, lO1 white, and 2,494 cOlored sol
diers; the total deaths OF soldiers for
the year reported were 367 white and "a
colored. The distribution OF the medical
and surgical history of the war is Yet to
be ordered by Congress. There exists an
absolute necessity for medical corps of
the full number established by act OfCon-
gress, of July IS, 1866, there being now
80 vacancies and the number of successful
candidates rarely exceeds S or 10 in any
one year.
The river and harbor improvements
have been carried on with energy and
though many are only partially
The results have saved to
commerce. many times the amount ex-
pended. The increase OF commerce Wit!
greater depth OF ciiann.lS. greater curl
ty in navigation. and the saving of time. |
adds millions to the wealth of the coun-
try. and increases the resources of the
Government.
The bridge across the >iissi sippi river
1T Rock Island has been completed, AMI |
he proper site has been determined upon |
tor he bridee at La Crosse.
TIE able and Exhaustive report IN .-ie !
by the commission appointed to in |
vestieate the Sutro tunnel has been trans
initted TO Congress.
The observations and report of the Sig |
nal officers have been continued. Stations
nave been maintained at each OF the prin- |
cipal lake. seaport and river C ties. Ten |
stations have been established |
in the United States. Arrang ments have
been made for the exchange of reports |
with Canada. A similar exchange OF OBJ |
Is coutcmp plated with The West |
India Islands.
The favorable attention of Congress is
invited to the following Recommendations
of the Secretary Of War:
The scontinu nee Of the appointment |
of extra lieutenants to rye us adutantS
and quarlermasters.
The adoption OF code producing spec
itic penalty TOR well-defincd otfenses. so
that the inequality of sentences adJudged
by cOurt-marrial may be adjusted.
The consolidation OF accounts under
which expenditures are made as meas