Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1885-12-12
OUR FINANCES.
The Principal Points of Interest in tho
Annual Report Of Treasurer Jordan
Some important >u-gc ,tiuns ade,

WAsnISGToN, Dec. T. The annual re-
port Of the United States Treasurer shows
that the net revenue Of the G Government
during the last fiscal Sear was -325, 59O.-
7O6 or S24 SO, 1853 less than that of the
preceding year, while the expenditure was
$500 226 935, or SIC. 100, $50 greater than
than that OF the pecl ding year The
surplus available for the reduction of
the public debt at the close t
the fiscal year was therefore $40,
9?4, Sj4 less than was available on the
lst OF July, 1854. lhe assets according to
the new form. of statement september 80,
1855, We're SlI4, iOs, ,2j6, or an increase of
S55, ,0ls001 over 1854; the liabilities were
$3.50, 3sl, ~, an increase of Sl0,2l6,j9l
over 1884; the balance is sl04,3!6,4iS. an
increase of SI4, sol, 4i6 over 1881. Dunug
the same period there has been an increase
of S33. 1913, 633 in the gold assets Of s!2,
095, 0l6 IN the silver assets, OF S6,7f6 i23 in
the legal. leadrr assets, and OF Sltl,@si in
the National bank assets and National
bank deposits.
Continuing, the report says
The issue Of Tn ted states notes during the
fiscal year m pace of such as were retulne
IN worn ana mulilatcd condition amounted
to So4, lHi, l53 Silver cert h,atcS To the
amount of Sln,Mr,E0 were lsSuCd and s. $50
0th were redeemed during ,be year Gold
! certificates of the old .s-je amounting
to S., ~ were redeemed OF the Now issue
] SGim1W were issued and S!l0lI,lW re-
| deemed Called bonds pi the I'm ted SRteS
which amount S4i5NN, lN WIS lur the ST. <
| fund The National banks withdrew s. :.
| $3.50 of bonds held to secure their
| circulating notes and spl.3M,iW Oi
| bonds were deposited for that purpose
| Notice Is given of the susp llsOn of the
issuance ut one aud two dollar notes and the
| ecunom effected thereby, the saving Tor one
| qunrter beng the cost of printing biulW
notes and the paper used IN their manutact
| urc Al this rate Il reluCt on In the Smati
note issue ; indicated OF about 2S0OONO dur
| ing the current wear.
The Treasurer recommends that the prac
! ticc OF ISSUING io2al tender gold and lvpl
| certificates bp discontinued as expensive and
dangerous-the silver certificate eSpec ally
| on the ground that 1t has pro ed to be posi-
| tive hudrauCe tO n more extended crCulat OF
| of the liver dollar
II Is apparent he SAYS, that the execut or
| of the tonnage law is gradually converting
| the funds of the TrcnSur, into standard dol
| lars, Every eNertinn has been made TO gave
AN extended & rculaliun To these coins, bu
| without the success which the large eXpendi
/ ture incurred would warrant Ihp q rculnt on
| obtained is short lived, the coins finding their
way back mined atrl, to the sub treasures
the return movement costing ndivdua
| holders more Tor trHnspurtat on than tn,
| original 'ssue cost the uurtinment AS tn,
sub treasures become overloaded with re
! TUNED and the M nts with unssuCd dollar.
| the Government is obliged 20 transport then
| ut Il heavy cost to the near 81 place whcr,
| vault room can be found. He recomine d
that III" lrcasur' be permitted TO seek som,
| more economical mode than now employed II
/ ordet to distrlhute them aud other money,
! from the Treasury. The Treasurer recon
mendt the repeal of the redemption law ~
10 mi' OF CONS aud the issue If new coins o.
| great weight and greater beauty.