The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-11-04

The statement Of the public debt nj the
c'ose OF business October 81, 1881, was
issued yesterday under the signature Of III.
r'frehch, acting Secretary Of the Treasury.
II Is gratifying statement, although the
decrease OF the public debt IN October was
nearly Sf,OOO,000 less than ia the preceding
month. In round figures the reduction
lor the four months OF the fiscal year was
July. ;oo-o 90
ususs .s.........,........ 1A,1St.O 900
SSpsennor' 17ls3,0O0
........................ I3,321.0O0
The decrease Of the debt for the four
months was 800, 06i, 3i5.0S. For the same
months OF the last fiscal year the decrease
was about S33, O0O, 900. ii the same ratio
OF increase In the reduction OF the public
debt continues for the remaining eight
months Of the fiscal year, the total decrease
for the year ending June 80, 1882, will DE
about $40, 000, 900, against a reduction Of
about 800, 900, 900 in the fiscal wear ending
June 80, 1881. And at this rate the entire
public debt, SI,7S5. 534, 4GC. 90, WILDE wiped
out inside OF ten years, as the interest
payments will steadily decrease in amount.
The interest on the deb; today is only
about S620O0,00O annually, while at this
time last year il was about $50. O00, 900 an
sl2,N0, 900 less this year than il was the
last fiscal year. In the other items OF ex-
penSe there is little change. We will not
owe one cent ten years from now" said a
prominent Official, rs he examined the state
ment, "prouded the rates Of tax on wills
key and tobacco remain at their present
figures, and without material changes in
the tariff rates."
The following is n rccapitulation OF the
debt on October 81, 1881:
INTEREST-BRARiNG DEBT.
Bonds at 6 per cent. contin-
ued al 81 per ccnt............S 1Gl,S7G OJO 90
Bonds at per cent continued
~ - per cclt................. 4Ol.5O4 900 90
Ponds ~ az per ccnt.......... 100000, 900 90
Bonds az per cent............. 73S,149.75O 90
Reminding cert fcatcs......... 59S,O5O 90
Navy pension fnnd............. 14,00O,OCO 90
PrlncIpal...... ,72S,75O 90
Interest thereon unpaid. 1l,499,372 80
Debt on which interest has
ceased since maturity......5 13,746,305 &c
interest thereon unpaid....... $4,000 90
DEBT BEARING 30 INTEREST.
old demand and loga-tendcr
noNS....... 34b.l1 l.OJO w
Certificates Of deposit. $4,000 90
cold and silver ccriincates..... 7l.jj5,jyO 90
fractional eurrency............ 7,O93,l5l ~
TOtal......................S 483,079,797 81
Unclaimed Pacific Railroad
Interest ......................s 1886 81
Total debt...................s2,C 26.fO7.43S II
Total cash in Treasury. 2fO,9Gu,97l -
Debt, less cash ia the Treasury
November 4, 1881 ,7SJ,J34, 400 90
Debt. less cash in The Treasury
October l, lSSl..."......... l,79S'S55,923 ~
Decrease OF debt during tie
nth...................e..... s13S2IA5s 81
Decrease ofdcbt slnccJUe30,
1SSl................ .......... SJO,O6l,3 $40 Oo
CURRENT LIABILITIES.
Interest due and unpaid....S 2,C4l GIL -
Debt on which Interest las
ceased ACKNOWLEDGEMENTS. lo,l2O'5v0 ~
Interest acknowledgements. SJ3.JJJ 93
Gold aud silver certificates. Sl,03J,59O 90
United States NOTES held forrc-
dempton Of ccrtiia,c5 Of de-
po5it... 90 lNiJNb wv
Cash balance available NO.
Vcnber l, 1SSl.............. 144493A4S IS
Total cash ia Treasury 240,96O,97I %
Washington Post