Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-11-22
FIFTH AUDITORS REPORT.

FIFTH AUDITORS REPORT.
The annual report of Fifth-A uditor Alex
ander presents a summary Of the foreign
service, both diplomatic and consular, and
OF the recei pts and expe sea of the internal
revenue. The accounts of ministers and
others in the diplomatic service show that
there were paid for salaries S3l0,21I, and
Tor contingent expenses 500 ,429, the entire
cost OF this branch of the service being
S3S9,640. Although the revised tariff Of
ices, which took effect in October, 1881, says
the auditor, materially reduced charges for
certain services. yet the fees received this
year are SAT 1887 in excess of those for 1881
showing decided increase in the business
transacted. A new feature OF the report is
an elaborate table indicating the sources
from official fees derived at each consulate
This shows that of the fees collected only
S129,906 Is were paid by American vessels,
including extra wages, which amount to
S35,5Sl AZ. During the year 1880 destitute
American seamen were relieved, at an aver
age cost of SO so each. OF 100000
appropriated for the relief of seameu,
less than $1,000 has been used The auditor
discusses at some length the subject of relief
to seanen, in the course of which he saws
that careful study Of the returns shows
that about ten per cent. OF those relieved are
deserters, and recommends that consular off
GERS be authorized to relieve this class OF
seamen only when it is satisfactorily sscer-
tanned that the desertiou is justi6able re-
gardless of the seamen's citizenship. The
reports show that the cash deposited for
the year on account OF internal revenue
amounted TO Sl46, ,497 ,e24, the total expendi-
lures Tor collection being S5,096,027.
CoMPTRoLLER KNox's REPORT.
The Comptroller of the Currency has COM
pleted annual tables showing the amounts of
United States bonds held by national
banks, Stat banks, saving banks and pri-
vate banks On the lat oil November 1882
and also showing the amount ard distribu-
lion OF coin and paper currency Of the coun-
try at the same date. The national banks
held on November l, 1882, as security for
and for public deposits and
other purposes, 1896 ,53S, 400 OF interest
bearing bonds OF The United S alts This is
nearly s30,000,O00 lets than the amount held
ON November /, 1881, and about $1,000, 900
less than Tor the corresponding date of 1880.
Banking associations other tn IN na.ional hold
these bonds as follows: State banks in
twenty one States, SIS, ,739, ,172; trust compa-
MES IN five States, SI6,934,Sl2; savings
banks IN fifteen Staea, S237, ,7S6, ,442 There
has been during the past year decrease of
about $2,OOOO 900 IN The amount held by
by State banks and trust companies, and an
increase of nearly S2,7O0,OOO in the
amounts held by the savings banks.
The amounts held by the geographical |
divisions by these associations in 1882 was as |
follows: Western States, S42 667. .24S: Mid |
die States, Sl97, 90, ,239; Southern States. |
s26S. $50; Western States, IS .369 414; Pacific |
States, S200,O20,175; total, $263. .460, ,426. |
These returns have been compiled from re-
ports made 10 Officers CT The different States, |
which have been forwarded by them 10 the |
The Understanding funded |
1ebt OF the United States was on November |
sst S1,4lS, ,080, 200. The total amount of |
bonds held by national banks, State banks |
and savings banks at the nearest correspond |
ing date that could be a,ceitsined was $685. |
$50, ,357, which amount is not greatly less |
han one-half of the whole interest-bearing |
debt. Similar facts have also been ascer- |
tanned from returns made BY State banks. |
savings banks and private bankers to the |
Treasury Department for the purpose OF |
axation, showing that the banks and |
bankers of the country, exclusive of |
national banks, held an average amount of |
United States bonds during the six months
ending May 3lst, last, as follows: Savings
banks, S242,02S,762; State banks and trust |
S23, I'll ,430; private bankers.
sl4, ,S7O,74o. The amount of bonds given in |
The returns to thee Commissioner Of Internal
Revenue, which is the amount invested in
United States bonds, and may include the
premium as well as the principal Of the
bonds, is S16,650,O00 more than the amount
obtained from returns TO the State officers.
The difference is small, and the amounts OBJ.
aimed from one source serve to corroborate
he general accuracy of the returns obtained |
rom the other. In referring TO the distribu
ion OF coin and paper currency, the com D.
roller says: From. November l, 1881. 10
November /, 1882, the production Of gold bv
he mines OF the United States Is esti-
mated at $43 S59,02l, and The amount
ot gold exported from the country in excess
If the amount imported has been $50. 1922
'36. The difference of 1896, ,4S5 is The in
'rease during the year. The director of the
mint estimates that 81, 100000 of this amount
'as been used in the arts, leaving "a ,536, ,4S5
is the increase IN the stock of gold remain
ng in the country and available for circula-
ion. The total excess of imports of gold
lver exports from the date of resumption to
November /, 1882, has been Sl6I 81, ,57S,
Ind tae total gold product of the minis Of
he United States for the same pe riod is esti-
mated to have been Sl47, ,509,O2l, This is
he fret year since 1879 during which the
xPortaiion of gold has exceeded the impor-
alton. During the last two months (Sep-
emher and October, 1882 the imports have
However, slightly exceeded the exports.
ue amount Oh standard silver dollars
o med during the year has been
~ ,657:l US, and the total amount coined
Up to November l, 1882, since the passage of
he law ot February 2S, 1875, authorizing
heir coinage, has been s12S 329. $50. The
mount OF gold coin held BY banks January
(, 1851, was S46 100000, and ON November
J, 1857, SIP 100000. The amount of silver
oin held by these institutions at the came
late was, respectively, s6,O0O.OOO and
= OOO, ,0OO, and OF currency, sl67, ,OOO, 900 and
'I54 ,0OO,O0O. Gold com held by treasury
n January l, 1879, was s1l2, 600 900, and on
November l, 1852, Sl4S,OOO, 600; of silver at
ne corresponding dales, So, 600 600 and
'lZ5 ,Ooo,OOO, and of currency, S44 900, 900
nd s26,OoO,OOO, making an aggregate of the
3 inount . OF com and currency held by banks