The weekly miner. [volume] (Butte, Mont.) 1878-1881, 1879-12-16
shaable statistics "a. national finances, and

v0Al0OlC SgublSuINo On bshN wiz
the Postofice Department, It may be stated
that all ofythe message worth re-printing has
been given to onrreaiers.s e.
PUBLIC FINANCES.
The attention of Congress is called to the
annual report of the Secretary of the Treas
ury OH the condition of the public finances
The ordinary revenues from all sources for
the fiscal year ended June 30th, 1873, were
$273,S 27, ISAAC; the ordinary expenditures
for the same period were $266, 946,0 S3. 53,
leaving a surplus revenue for the year OF
$685., 900, 093. The receipts for the present
fiscal year ending June 30th, 1850, actual and
estimated, are as follows: Actual receipts for
the first quarter commencing July LIST, 1879,
$79,S43, 663.61. Estimated receipts for the re-
naming three-quarters Of the year, $20S, 1885,
$3.50. Total receipts for the current year,
penditures for the same period will be, actual
and estimated, as follows:> For the quarter
ter commencing July 1st, 1879, actual expen-
ditureS SOL, 6SS,3S5.1O and for the remaining
three-quarters of the year the expenditures
are estimated at $172,3l6.614.9 90, making the
total expenditures $264, O00, 900, and leaving
an estimated surplus of revenue for the year
ending June Both, 1880, of $24,000,000. The
total receipts during the next fiscal year, end
ing June 30th, 1881, estimated according to
existing laws, will be $2SS, 600, 900, and the
estimated ordinary expenditures for the same
period, will be S27S,097 ,364.39 for that year.
The large amour expended for arrears of
pensions during the last and the present fiscal
year, amounting to S21, TAT, 249. so, has pre-
vented the application of the full amount re-
CURED by law to the sinking fund of the cur
rent year, but these arrears having been
substantially paid, it is believed that the sink
ing fund can hereafter be maintained without
any change of the existing law.
The report of the Postmaster General bears
testimony to the general revival of business
throughout the country. The receipts of the
Postoffice Department for the year ending
June 80, 1879, were $5O, 031 ,9S2.S being
$164, 465 81 more than the revenues Of the
preceding year. The amount realized from
the sale of postage stamps, stamped envelopes
and postal cards, was $764,465.91 more Than
in the preceding year, and 50, S7,559.23 more
than in 1877. The expenditures of the De-
partment were $333, 449, S99.45, of which the
sum of $376,461. 63 was paid on liabilities in
Cured in the preceding year. The eXpendi-
lures during the year were 1901, 200. II less
than the preceding year. This reduction is
to be attributed manly to the operations OF
the laws passed June II, 1878, changing the
compensation of postmasters from commits
SlOllS oll tpS VALUE Vi StdllpS SolI 10 u COLI
mission on stamps cancelled. The amount
drawn from the Treasury on aspirations, IN
addition to the revenues of the Department,
was S3,031454.94, being S2,276, 1915 Sc less
than in the preceding year. The expendi-
lures for the fiscal year ending June 80, 1880,
are estimated at $4,000, 800, and the receipts
from all sources at $32, 240,O00, leaving a de-
ticiency to be appropriated for out of the
Treasury of $7,7lO,000. The relations of the
Department with railroad companies have
been harmonized notwithstanding the gen.
eral reduction by Congress of their compen-
sation by the appropriation for special facili-
ties. The railway postoffice lines have been
greatly extended, especially in the Southern
States. The interests of the railway mail
service and of the public would be greatly
promoted and the expenditures could be more
readily controlled by the classification of the
employees of the railway and mail service, as
recommended by The Postmaster General,
and the appropriation for salaries, with re-
spect to which the maximum limit is already
fixed by law to be made in gross.