Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1873-09-27
NATIONAL FINAN FE.S.

| The New York journal Of Commerce
makes up and prints, i'll advance of the
annual report of the Secretary of the
Treasury, detailed statement of the
receipts and expenditures of the Gov
ernment during the last fiscal year,
which ended ON the 30th of June. The
figures may be relied on as correct, as
they are transcribed directly from the
books of the Treasury Department.
| The estimates contained in the last
budget sent to Congress by Secretary
Boutwell, proved nearly correct in the
aggregate results but wide of the mark
in detail. Congress made extravagant
appropriations, Immediately available,
but the revenues kept up and balanced
the account. The net reduction of the
principal of the debt was $43, 667, $50. 05,
or very nearly the estimate, which was
SH, 800, 900. Below will be found a
comparative statement of the receipts
and expenditures of the Government
during the last three fiscal years
RECEIPTS AND EXPENDITURES OF THE aovERS-
MENr FOR TIE FISCAL YEARS ENDING JUNE 80, 1871,
1872 AND 1873.
lecr ended lime 3O ls7l-Na Receipts.
FROM customs iDs %
From internal revenue l43O9s l53.6i
From sale of public lands. 2,3sS .6s
From miscellaneous ........ 81, ,566 1;} 80
Total receipts. ::.:.- ,.,..... s}s3, 1928 9i4. 80
Net Expenditures.
ri viii nd, cu N a
For War Department ............. 30 767 991 50
For Navy Department. 1891 Ol7. n
For Indians and pensions. ........ Al so s92 81
For interest on the public debt l25, $40 565 .93
Total expenditures s.............. s2o2 III lss. -
This is the net amount after deducting 81 2s0
O93l3 repaid into the Treasury proceeds of sales
of ordinance etc. The true expenditures S44
OSO,OSi.95.
YEAR ENDING JUNE 80, 1872.
Net Receipts.
From customs s2lG. ESQ. II
From internal reveuue........... 90. 1870 642 III ~
From sales Of public lands. 2,575 10
From miscellaneous sources ........ 2i,5ls GsS sS
Total .......... ............... 1914, log sG7 5G
Vet Expenditures
For premium on purchase of bonds. : G95S, 2G6. .7G
For civil and miscellaneous purposes 60, ,gs4 75S. AZ
For War Department. 81, 3d. Isl. %
For Navy Department ...-........... 2I 249 800 80
For Indians and pensions. ........... 35.595 3l .5s
For interest sn the public deb... ,5i, ,s39. ~
Total expenditures. s277 5l7 ,9G2 81
YEAR ENDING JUNE 80 1873.
Vet ReceiptN.
From customs. flsS Usg 522 10
From internal revenue. ll3 729, ,3l4. IA
From sales of public lands. ...... $50, .4S
From miscellaneous sources 290sI ,O55. .i5
Total receipts s..................S 1888 73s 204 81
Net Expenditures.
For premium on purchase of bonds. / 5.lO5 800
For civil and miscellaneous purposes 7332s .0G
For War Department. ............... 1928 1}S. 81
For Indians and pensions. 37,3l l3l. "A
For Navy Department. t............. 23,52G, 256. 10
For interest public debt ....... 10i 100 6SS A
Total Expenditures 500 345, 245 .33
STATEMENT OF THE PRINCIPAL OF THE PUBLIC DEBT
OF THE UNITED STATES ON THE FIRST DAYS OF JULY
DURING THE PAST FOUR YEARS.
July 81, ,4Si 6I2, 42I.S
July |, lSll 2,Sl3 2ll ,'s}2 |
July |, 1872 NEUTRALITY-SUSPICIOUS.. g5; 25l ,;}1S rs
July |, 1873 2,23i iS2 ,9o3. 20
This last statement is made without
regard to the interest due and unpaid,
or accrued, or cash in the Treasury at
the dates named. BY adding interest
due and unpaid, and interest accrued,
and deducting cash in the Treasury for
the past two fiscal years, we have the
following result:
Balance of obligations, July l. 1872 81 l9l 4sG G2
Balance of obligations July l. 1873. ?, SIS, 1887
Net reduction during the fiscal year si3667 ,G3O,o5