The home journal. (Winchester, Tenn.) 1858-188?, 1876-12-21
ChiJf Pb,niH ot 'h" Ssrretnrs OF the
Treasury's Annual RciiOri- H"""iptS
aud Ex penditurcs, Exports, Inn
ports, GoId and silver, sp"'
Gle Pay mncts, Etc.

Total ...n,......,.,. .u.,,$l9o52L i02 32
For the remaining thrcr.Quar'
terS il is estimated that the
total net receipts will hc.,.u 9l,lNl,Vl5 10
For the same period II is estl'
MATED that the total Ordna'
ry expenditures will br..., l''"t,NO %
II will he observed from the Statemeht Of
actual receipts and expenditures for the
first quarter, that ending Sep, 30, and OF the
estimates Of the same for the remaining
three quarters, based upon existing laws,
that il is expected that the revenues for the
current fiscal year will yield The sum Of
$265 ,292, ,liS.ja and that the expenditures
will amount to $2&G62S, 1885, which will
leave a surplus revenue of S2O,j,3,iH6A.
The amount which should be applied TO
the sinkirg funa 10 pStimnted At t3&SO3,.
SO6.61. The surplus revenues wi fall hclo"
that amount, in the opinion Of the depart
mcnt, by not less than S7OI2, HOP.
ESTIMATES FOR THE FISCAL YEAR END.
ING JUNE 30, 1876,
II is estimated that the receipts for the
fiscal year ending June 50, lS5N, will be:
Total ordinary receipts 210,OjoOo 90
II u tNlllliltl lhdl Wv 'lNlHhlN ' 'NINH"l
lures for the sRm" period will be;
Total estimated expenditures
exclusive Of the sinking
fund account and princi'
pal OF the public dcbt.,o"S 2I&35oiOI 90
Upon the basis OF these estimates there
will be surplus revenue for the fiscal year
ISIS, applicable to the sinking fund, Of $50.
800, ,2lG. The estlmatcc amount required 10y
Law to be set apart for that fund is Sjj,3Hl,.
OoG,ta. II, therefore, these estimates shall
prove to bc approximately correct there
will be deficiency in this account oI -.
G0l 10000.
The estimates received from the several
executive departments are as follows:
Total 99Q6ll,67 90
REDUCTION OF THE prCLIC DEBT.
Principal Of the debt July t.
lS75.............,..o.,.,,...$ 81 ,232 ,2Si,5l$ Q.
Interest due and unpaid, and
accrued interest to date. 3SGiIjj6 /,
Total drbt..................$2,27O932,OSS ,OSS /.
Cash IN treasury ..,..,... l4d2ljooI =
Debt, less cash in treas.
ury ......................,.$3I2S,6 726 3.
Principal of the debt July !,
lE76..................... 49, lSO,3o5O67 Ii
Interest due aud unpaid,
and accrued interest to
date.......................,. 3S jli,OOi ji
------
Total ldeht.....................f2 ,2lS, ,9O9O1l 90
Cash in treasury ........... llg,iGH,726 ~
--
Debt less cash in the
Treasury ..................i2 ,G9a, ,339 ,3i4 %
t,,,.u H., ,l,,o,,,od ,ho, ,ho suruIus row.
~ "''' y, U"a, ,ha ,,roris;lm Io, IN ,
'nTto tnu'T',, t,,i W., ',., l., ihn statnmert nj
,l"",''S ',''", ",nnl;tnras for thn fiscal
.le '"I" S ", g" so5- ~" IA lass
3."' I,'' .,,,1, "-,, - ~. r.ir,,inn of the
JaI', Iait W., ""'oIn ,ho ,"nn,hiv g,ntrmrnt of
u''' .,,, ,o ~ o'''"" y '"' mummy
'''r TE S"'iit lT,n,,o h,,,ro., ,hoso tn,o state.
NV uIu'''t'e t 1,''Iu,, ',;a ',,''o " In,,s .t
menus "r,SeH .Io'n '''I ",'''" ,,,,,r ". s"on hy
"n',n ,'t! WY .,' i,',, M ,Io oo,h in
u comparison y, ''i'' w ',s",", Wv oIo.a
''t N'"Hui 81. VI, NV G ,';tor
ol 'l,e nScn year., "nu " 'ne ] .r',I ;,ora, :,
o, t o"V ,hh Ii" ~ tho ,nnn,hIy Jsht statement
/. treated us n liability Of the Government
nrecis.lv os il the urincipal Of the debt, hu
which i; NOT 81 considered in the statcmcn
of rarniuts and ryu.uditurrg.
RESUMING SPECIE PAYMENT.
III o..o,,.,. ,ei.,,, ,l,o ol,Iic,,;o,,of ,L,
"u o,,,t',a ,,', ,avments Inn
,,. ia n,J ,,,G..,, itu currnnrv nhli
u"rY = l'LI', "nn 'I,',tH ~, t,,,t r,,;,It.
S"t'Vn' , c,.,I,a. ,I,rayi.inr doomed assentio
, tt' i'' NV ,'.,,,,,,,,;,,n Il ;s ,aro,n
10 ,n1 b.ipo'i .i", =" aJJi,;nn w tho au,bor;ty ="
'iiei'''" .""'' - ,t,', ,.,,n,',,,. oi.o,,J,, Ion
tarrod IN nrnyide for redrmution Of lrga
,'i" ,,mJ". n,,,.y On and after the dav rroyidec
'"' ''".''p.''m, ~ s',o ,ol,I -, ,ha youn,,
"GtIunto n," nnn ~ y, oIr ua,as ,rh;rI
Oh HSIo,p'v'o"v " i,s' w., "o' saI,' If III,
W. 'l'S h"',I. an,bn bnyity hr givrn hin
h'.,G "',,', Nv ,;n,. .. hs synrden
i"i" M t,'T w '' f Gnanrr. admit IN fnJ thes,
anu 'iic s'''V VI Ia,,,;,, ra,n nf i,,ter..
notes 'n'" "o,',' w. ', ~ " ,,;,I, ma, los,
l"' 'aIi. ,',," ,n, With ,nrh Tm;,,
.!'"" tl','' l""'n ',,,nt w - ha .n s,JcJ !,
t'ol' az '" .ne "t''"'"o ,,,so W. IN its Jiscre
any sINen P,i,D' ; I" ''''S' ~
'ioh' may "e'e'''''''
"a sudden accumulation "l goIn II
amounts sufficient to meets large demah'
as that contemplated IN January IH", 1
deemed impracticable; while to accumulate
in advance ol that tlme W"nld De altenns'
| with necessary loss "l interest, "o"'u o'
| likely to disturb money ol eAclapst, ah'
embarrass the iundlng OF our ha'ioiIai Secu
rites. The present tune Is fegaruei as op
pOrtunc for the gradual WIthura"ai ol tles
notes 1t is believed they wGu.n 1;,,, no, u, n
greatly missed rom 'he ciicuia'i'E "t"Iu,
as their place VIII he readily Suppileu ny IN