Huntsville gazette., 1883-12-08

The suggestion of the last message is re-
| peated that provision be made for the ex-
| ercise of discretionary power by the execu-
tive in appointing delegates to scientific
conventions. Specialists are ready to
serve the national interests in such
capacity without personal profit or other com
pensation than the defrayment of expenses
actually incurred.
| The yexatious restrictions on our trade in
the Spanish West Indies still exist; Brazil
whose coffee trade is in and through the United
States imposes heavy export duty upon that
product; our petroleum exports are ham,
pered in Turkey and other Eastern ports, and
the President asks il it is not advisable to pro-
vide some measure of equitable retaliation in
relations with governments which discrim-
lnate against our own.
THE FINANCES.
The report of the Secretary of the Treasury
gives a full and interesting exhibit of the
| financial condition of the country.
REVENUES
1t shows that the ordinary reve-
nues from all sources for the
fiscal year ended June 80, 1858,
amounted to. O.................. $685.. .2S7, ,5Sl 95
Whereof there was received
from customs ms..... pa 706 49s %
From internal revenue. ........... IA, ,120 36S 98
From sales of public lands. .. 1855 S64 ~
From tax on circulation and de-
posIts of national banks. 00S IS
Fromprofits on coinage, bullion
deposits and assays. ............. 4.460205 II
From other sources. ............... II 1,333637 60
Total 398, ,2S7, ,5S1 95
EXPENDITURES.
For the same period the ordinary expenditures
were:
For civil expenses ........... S22, ,343 2S5 rs
For foreign intercourse. ........ 2,4l9275 "a
For Indians. Observation-Disclosures. 1852, 800 "a
For pensions. s...................... 66,0l2,513 "a
For the military establishments
and arsenas s................. 4S,9l1 1882 90
For the naval establishment, in
Guiding vessels and improve
ments at navy-yard. ........... 15,2S3, 437 II
For miscellaneous expenditures,
including public buildings,
lighthouses and collecting the
revenues ................ ...... 4O,S9O,9S2 70
For expenditures on account of
the District of Columbia. 3,817 OPS As
For interest on the public debt. SO, l60, l3l %
Total s2G5, ,4OS. 1877 "a
Leaving a surplus revenue. Sl32 S79, ,44.
Which, with an amount drawn from cash
balance in the Treasury of 81 299, ,312.55, max
ing sl34,l 756. .96, was applied to the redemp-
| ton of bonds for the sinking fund, S44, ,S5U,-
700; of fractional currency, for the sinking
| fund S46.556 SO; of funded loan of 81, con
tinued at 3I per cent, 5380, ,250; OF loan July
| and August of 1861, continued at 80 per cent.
$50 594 900; of funded loan of 1907, 81 ,4IS $50
of funded loan of 1881, S719, $50; of loan of
February, 1861, $4,000; Of loan Of July and
August, 1861, $3.50 6O0 of loan of March Is,
1858, S1I,685,oG0; Of loan Of July, 1882, S4 1885,,
OOO; of fvetwenties Of 1852 SO 6OO0 600; Of five
twenties of 1864, Sf05, 600; of five-twenties of
1865 50 600 600; of ten-fortes of IS So SI3 600;
of consols of 1865, S40SO 600; of consos of 1867.
S23, SO 000; OF consols of 1868, 81, I,546.500; of
Oregon war debt, S54500O; of refunding GER
tifcates, S1u,9l5,OO0; of other demands, COM
pound interest and other notes, Sl3,300. Total,
Sl34, LIS, T56. 90.
REVENUE.
The revenue for the present fiscal year, act
ual and estimated is as follows:
Actual for the Estimated for
quarter end the three
SOURCE. ing Sept. 80, quarters of
From customs. .s57, ,4O2975 81 S137 597, ,O24 80
From internal rev
enue. EJ,0OZ,Ul0 0U 1885,, III 4U
From sales of pub
lie land .......... 2,gG,635 II 5,067, ,354 50
From tax on circu-
latiOn and depOS-
its of National
Banks. -. 1,557,SOO IS 1,542,199 II
From repayment
of interest and
sinking fund Pa
ciic r. R..- 52l,O59 81 1,47S,94O 40
From customs,
fees, fines ETC.. 298,696 78 9O1, ,303 %
From fees, consul
lar letters patent -.
and lands. S63,209 80 2,435,190 70
From proceeds of
sale Of Govern
ment property. 112,562 23 l61, ,437 n
From profits on
coinage, etc... s5O.229 At 3,149,7SO 81
From deposits for
surveying public
lands. ......... 172, 46l 81 32I ,53S 69
From revenues of
the District of
Columbia -. -. 256,O17 SO 16i9,9S2 OIL
From miscellane-
Gus sources. NH. 1,237,1 So 2,3Se,81O 81
Totals. s95, $3.50, ,9l7 03 s247 023.O82 81
EXPENSES.
The actual and estimated expenses for the
same period are:
Forouarter end For remaining
OBJECT ing Sept 80 1888, quarters of year
actual. estimated.
For civil and mis-
cellaneOuS, In
Guiding public
buildings, light
houses and coli
lecting the rev
enue. ...s15,3S5, ,799 AZ s51, 1,114,2O0 5s
For Indians. Z,6z3,oy0 Of 3'lSo1U9 40 10
For pensions. 16,22S5,26 9o a5,il4i5o Uz
| For military eS-
tabli b ments
| including fOrti-
| f1catiOnS, river
and harbOr i'm
provementS u - -. 49,
| arSenalS 13,5lZ,-U4 ~ Ao,4oi,i5o oi
| For naval estab-
lishment, in
cluding vessels
and machinery
& Improvement u. :.
Of navy yards 4,l99z99 o. E,oU'iV q
Il
on account OF
| District of Co u
! lumbia ....... 1,138,S36 40 2,6ll, 1853 SO
! For interest on ~ o, -o, q,
public debt. IA, H,79l,2 ,29l 10 Z9,fUz,'U of
| Total ordinaIyeX- - - ~ orr. ooo .-
penditures.-... 6l,S42,UD 90 iso,oo',Ws o.
/ Total receipts ac-
tual and esti-
/ mated ....... 81, ,c00,OuO W
Total expend1t.
ures, actual and
| estimated 8,0e0,UO0 W
| Total ~ S5,00O,0O0 90
1 Estimated am'nt
due sinki g fund 45,6l6,74l W
Leaving bal
ance Of. 81, l"3,25S 95
Attention is called to the fact that the only
bonds now outstanding when are fedeenldDlCC I
| at the pleasure Of the Government, are the 2
per cents amounting to about 80, ,DVlVUj.
| T6e AZ ner cents. amounting to $3.50, 0,0o0, 600,
and the S737, 600, 900 per cents are not, paya-
BILE until 1891 and 1907 respectively IL the sur
| Mus shall hereafter be as large as the Treas
ury estimates now indicate, the 3per cent; bonds
may all be redeemed at least four years before
any Of the Az per cents can be called il. The
| latter at the same rate of accumulation OF