The Columbia herald. [volume] (Columbia, Tenn.) 1850-1873, 1872-12-13

comOtiOn.. There are some, through
accident or otherwise, who become pen
niless, and have no friends at home able
to succor them. Persons in this situa-
II ton must either perish, cast themselves
upon the, charity Of. foreigners, or be
relieved at, the private charge of our
own officers, who usually, with the most
benevolent disposition, have nothing to
spare for sueA PURPOSES. Should the
authority and appropriation asked for be
granted, care viii taken to carry the
benefcence of Congress into effect, that
it shall not be unnecessarily orunworth-
ilybestowed. YFU5,f ~, p
81, THE TREASURY.
The money received and carried into
the Treasury during the fiscal year end-1
ing June so, 1872, were from customs
S216, $40, ,4S E7 & from sales Of public
lands, S2,515, TE19i from interph rev.
emu, 81, ,421, III. 72jj frem-ta tax-on
nationals bank circulation, ETC., S0523,s
1869; from Pacific Railroad Compa-
MES, $749, 861. 81; from customs, fines,
ETC., 81, 1876, ,442. "a from fees, consular,
patents, land, ETC., s., ,284, ,097. 80; from
miscellaneous sources, 81, 40, 254 n;
total ordinary receipts, S3S4, ,894, ,229. 81 !;
from premium ON sales of coin, $9, 49,
637. 65 total net receipts, 1914, loo, ,637.-
| Sc; balance, in treasury June 80, 1871,
$1O9, ,935, 705. So, including $182, 228. 35
received from unavailable total available
cash, $4S4 ,062, 572. Is. flH. 20 ,Ala2LJt
The net expenditures By warrants
during the Same period weHe for civil
expenses, SIG, 189, ,059.70 for foreign
inte- Jsts, S1S, 1863, 4O9 IA; Indians, ST.
065, 728. SO pensions, $28, 533, 402. rs for
military establishments, including forti-
fcatiOns, river and harbor improve
ments and arsenals, $35, 1878, 157. 90; for
naval establishments, including vessels
and Improvements at navy yards, S21, :
249, 800. 80; for miscellaneous, civil, in
cluding public buildings, light houses
and collecting the revenue, $49, $685.
329.0S; interest on the public debt,
$117, ,3S7, ,S39.72; total, exclusive of
principal and premium on the public
debt, $270, ,559, ,695 81; for premium on
bonds purchased, 81, 958, 266. IS; for re-
demption of the public debt, $99, $780,
253 81; total, S106, 91S, $40 80; total net
disbursements, 1877, ,478, 1920; balance
in Treasury, June 80, 1872, SIS, ,564, ,456,
81 total, $404, ,042, 573. Is. From the
foregoing statement it appears that the
net. reduction of the principal of the
debt during the fiscal year ending June
30, 1872, was S99, 800, 253 81
The source of this reduction is as fol- |
lows: Net ordinary receipts during the |
year, 1864 ,694, 239. 81 net ordinary ex-
penditures, including the interest on
the.phblic debt, $270, ,559, ,695. 81. Total,
$941, 134, 534.i Add amount received
from premium on the sales of gold, IN |
excess of the premium paid on bonds |
purchased, S2,454, AID So; add tbe I
amount of the cash balance at the close |
of the year, accompanied with the same |
at the commencement of the year ST.
39 ,344 sTotals 4Sg9, 900, 253. 81 This
statement treats solely of the principal /
of the public debt. By the monthly |
adds together the principal and interest
due and unpaid, and the interest accrued |
to date, due, and deducts the cash i'll
the Treasury, as accruing on the day of |
publication, the reduction was $780, |
544, 491.2 %. The source of this reduc- |
ton is as follows: Reduction in prin7
eipal account, .$99, ,96O, ,0O3. 81; reduction
in unpaid interest account s., $50, 952 96,
total, S103, 800, $3.50 reduction in cash |
on hand, S2, TAG, 465. %. Total s10O, 544,
491. %. On the basis of the last table
the statements show-a reduction of the I
public debt from March 1, 1869, to the
present time as follows: From March
l, 1869 to March /, 1870, S87, ,134, 1872. "a;
from March l, 1870 to March 1, 1871,
S117, 7,619, ,63O.25: from March l, 1871
to March /, 1872, S94,S95, 348. 81 from
March /, 1872 to November, l. 1872, eight
months, S64, 4,047, ,237.8I Total $685.
696, ,999.S7. With the great reduction
of taxation, by act of Congress at its
last session, the expenditure of the
Government in collecting the revenue
will be much reduced for the next fiscal
year. 1t is very doubtful, however,
whether any reduction of so vexatious
burthen upon the people, Will be prac-
ticable at present. At all events, as a
measure of justice to the holders of the
natiOr's certificates of Indebtedness, i
would recommend that no more legisla-
tion be had on this subject, unless it be
to correct errors of emission or COM
mission III the present laws, until suffi-
cient time has elapsed to prove that it
can be done to meet current expenses of
the Government, pay the interest ON
the public debt and provide for the
sinking fund established by law. The
preservation of the national credit is
of the highest Importance. Next in
Importance tothis, comes a solemn duty
to provide national currency of fixed
unvarying value, 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 expenditure of the War De-
paftment the fiscal year ending June 80,
1871, tob $50, 799, 991. 80, and for theyear
ending June 80, 1872, to be $35, ,372,
157 30, showing a reduction in favor of
the last year of $427, ,634 50 the es-
Inmates for military appropriations for
the next fiscal year ending June 80,
1874, are s., 4S0, ,137, ,874
The estimates of the Chief of En-
gineers are submitted separately, fOrti-
ticatiOns, river and harbor improve
ments, and for public building grounds
and Washington .Aqpeduct. The affairs |
of the Freedmen's Bureau have all been !
W tuC w III oiAShe, oiiNi
regulations have beenput into execution
for the speedy payment of bounty, pay,
etc, due colored soldiers. Property
coming under that bureau includes all
war accounts for money and property
prior to 1871, have been examined and |
transmitted to the, Treasury for fpal set
tlement. Duting TIE fiscal year there
have been paid for transportation by |
railroad 81 300, 900, of which $50, ,S57
was over the Pacific Railroad; for trans |
portation by water, s., ,637, 1852 and by |
stage, a, ,897, 1S4;, and for the purchase |
of transportation animals, wagons, hire |
of teamsters, ETC., S92, ,465, ,064 About
1910, 600 have been collected from
Southern railroads during the year,
leaving about $4, coo, 600 still due. q The
| Quartermaster has examined and trans
,nitted to the accounting officer for
settlement $37,617,271 of claims by
citizens for Quartermaster' stores taken |
during the war, Subsisting supplies to
the amount of sS,9O4, ,S12 have been
issued to Indians The annual average
mean strength of the army was "a, ,1O1
white, and "a, 494 colored soldiers. The
total deaths Of soldiers reported for the
year were 867> white and "a colored.
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