Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1872-12-07
THE PRESIDENTS MESSAGE.

President Grants fourth annual mes
sage is before us. 1t refers to the gen
eral prosperity of the country and the
peaceful relations existing with the ma
tions of the earth. 1t mentions the
Boston fire as the only calamity which
has befallen the country during the
year.
The message alludes to the Geneva
Arbitration as a happy termination of
differences which at one time threathen-
ed seriously to disturb our relations with
Great Britain. The thanks Of our Gov
eminent have been rendered to the three
friendly. powers who appointed arbiters
pursuant to the Washington Treaty.
Congress is asked to make proper dis
tribution of the proceeds of the award
among those entitled to receive it.
Concerning the San Juan boundary
the President urges the completion of
the survey and the definite marking of
the northwest boundary between the
United States and Great Britain. The
message recommends an increase of the
force now running the mort hern bounda-
~ line of the United States from the
Lake of the Woods to the Rocky Mount
aims.
Our foreign relations are mentioned
as being in q satisfactory state.
1t is recommended that all invitation be
extended to the International Statistical
Congress to hold its next session in the
United States, and suggests the centen-
MEL celebration in 1876 as a proper time
for the meeting of the Congress.
The message recommends an adequate
appropriation in aid of American exhib-
itors at the Vienna Exposition.
Allusion is made to the death of
President Juarez of Mexico, and hopes
are expressed that the friendly relations
between the two Republics may be main
tanned.
An appropriation is recommended to
enable the commission appointed to com.
plete the investigation of the outrages
on the Texas border.
The disturbed condition of Cuba is
alluded to in fitting terms.
The President recommends an appro-
priation for the sick and disabled of our
countrymen in foreign lands.
Concerning the receipts and eXpendit-
ures, and the reduction of the public
debt we copy from the message:
The money received and carried into
the treasury, during the year ending
June 80, 1872, was from customs $216,.
$40, 2S6 II; from the sale of public lands
S257, 57l,419; from internal revenue
$3.50, 500, 1T 70; from tax on national
bank circulation, ETC., Sc, 523, 1886 80
from Pacific companies $760,S61 81
from customs, fines, etc., 81, 1876, 442 "a
from fees and patents for land, $2,2S4,
095 so; from miscellaneous sources 81,
4l2,254 II: total ordinary receipts
1894, 694 ,229 81; from premiums on sales
of coin, $S,412,6 37 Co. total net receipts
1914, Ol6,77 56. Balance in the treas
ury June 80, 1871. 800, 935, 705 50, in
Guiding $1S,2 2S 30 received from unavail
able. Total available cash $4S4, 042,
573 10. The net expenditures by war.
rants during the same period were, fol
civil expenses SIG. 1879, 079 70, for foreign
interests $18, 400, 1853 IA; Indians, $7O6,.
572,S82, pensions $2S, $50, 4O2 rs, for mil
itary establishment, including fortified
tons, river and harbor improvements
and arsenals. 1916, 1872, 1877 20, for nava
establishments, including vessels and
machinery and improvements at navy
yards, $2l, 249, 300 3d. for miscellaneous
including public buildings, light houses
and collecting the revenue, $42,95S,.
329 0S;interest on the public debt Sly,
357 ,S39 "; total, exclusive of principal
and premium on public debt, $27O, $50,
695 81; for premium on bonds purchased
81, 92S,7 66 76, for redemption of public
debt, SO, 1886, 025 81, total $1O6, 91S, 500.
80; total net disbursements 1917, 478,.
ZIG II balance in treasury June 3d. 1872
$50, 564, 1856 "a; total, $4S4, 042, 573 Is.
From the foregoing statement it ap
pears that the net reduction of the prin
cipal of the debt during the fiscal yea
ending June 80, 1871, was 500, $3.50, 253
"a. The source of reduction is as fol
lows; Net ordinary receipts during the
year, 1864, 694, 229 81; net ordinary
expenditures, iucluulnB tn6 interest OF
the public debt, $270, sos, 695 81; total
1914, 1874, 534; add amount of receipts
from premium on sales of gold in excess
of premium paid on bonds purchased
$2,454, 470 So; add amount of reduction
of the cash balance at the close of tn
year accompanied with sale at the com
mencement of the year, 1887, 34S 65
total, $99, $50, 253 a. This statemen
treats solely of the principal Of the pub
lie debt by the monthly statement of tn
public debt which add together tn,
principal and interest due and unpait
aud interest accrued to date due ant
.deducts cash in treasury. As according
to statement on the day of publication
the reduction was 800, 544, 491 %. The
source of this reduction is as follows
Reduction in principal account, $685..
500, O03 81; reduction in unpaid interest
acco,,nk 910 Rt,7 E6. total @102 2Q0 l56 .