Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1894-11-29
UNCLE SAINTS CASH BOX.
Annual Report Of United States
TREASURER Morgan.


mas submitts.t - >trretary Carlisle the
annual report on the operations and
eur,tltislu Of the treasury
The net ordinary revrnuss f1r the
fiscal year en,iing June -. cents omit
ted. were S-s-- -,s..ss.atq. n decrease Of
s>-.1s-.i1a. ~ compared with the year
eetorr- The net ordinary expeusti-
tares we're Sss-.5.5.s7a. decrease of
Sii.95s-ssR InsiusiiaS the pubIic debt
the total receipts On all accounts were
s7ss.es~A.51s ami the expenditures Ssas.
9siS. 15s
1t the eiose Of business on June "a.
ise3. there st5ot gu the b,asss of the
department. charged so the Treasurer.
n balance Of SIS tT-.515. Arfsflnr ~
this the receipts On al srcuunrs gives
81. 49, s-o. .0ss. as rotal to be accounted
f1r- and desiuetinx the expenditures
Icaves balance Of s-rs. 5sS5. 5ta on June
80. f,4<. In addition tO thes.. balances.
however. there were ether Liabilities
arising from the p.seal revenues. frsYm
tisbnrSlBg officers ami from other
sources. which brought the total -
s17a. .gkI.-gs at the former dat..
and % s1ds. s14. 80 as the latter.
{
treated n unavailable. the prinefpal
of which are the deposits matte at the
states unsfer the law Of lsssi. there ~
maine,t tbs. sum Of SEQ. ~. .S55 in I>s3
AMI the sum 0f S.. so. I5a IN t<ae rep
resented By live assets IN the several
geiee> Of the treasury and mint ~
-ether with deposits IN national banks
ct these balances the sumS are $50
5gS.Ee0 antg SssIs. Iz5. -'s0 rvsSpertivefv.
were on deposit fur the re,iemptisn Of
outstanding certificates and treasury
notes. leaving SJSf ssst. -.f5 and sI5a ia, p
I'D a. the balance ON account af the
general tunsL
The TREASURER remarks that the i'm
paErueut Of the guld reserve. -rsnsier-
mg ueces>s4rv the iSsue at bonds n
February. was caused chiefly bv the
depletion of the treasury resulting
from Insufficient revenues Even when
rhe supply of paper hasf bs,sane - re-
lugs-st 1haE the treasury was obliged a.
pay 1ur large SUMS uf gali IN th.. aFvli-
nary Disbursements. the cJ5n was fr,.ss-
z Il 7esuruss-f n the revenues. The uryl
css,sis of tAIs Iaan were So l'ssl ae8 IN
<7id e,stn aHsi errtifiears.-. aasl during
tie mn1th Of February there were rss-
sisvlEas-st SD -e assf Of astsss IN s-uld. pr,s-
ss1mabiv ~ meet ~sfbss-ripsions o. sis.s
Iiaa. ~ that the net .,uItf pr,ser-s.ls
Nsr- absus 81. -5slsi. asa. rhsS. s.s~pra-r
with gain of S5.sea.asV m .suld fr,lsu
ariinary s.gur-s.s, br,lr-hr up the ~
serve. ssisrinss the munrh. srasn -. .asa. 70
asi9 - sIusi.sgsl. atst. xhile sas. net a-s..ts
of the treasury. with an szz-rss 0f =
aae. ao Of exDcnsiItE1rs.s over rse..siutss ff,r
the mouth. Increased frosn Sf.s1. tsa. .se8
~ SIT, Jo0. 1sla- During the ss1cysssIirss
HlunkAs. until the end II the irSx vxs.,sss
N August the reserve WIS Affected 8v
detSeient r~veuueS ami Withdrawals Of
guisi fur sxnsIr-- the movement HaEs,asi
having been stimulated sv ths nc.assssi-
y which the treasury was ansl.sr II
furnishing. E.lexpartsrs nezw fun weight
after the supply Of ol,i pie,-es hasf h.~n
exaaussssL The losxess psinr s.lusshesl
bv the rrssrvr was So - 800. on An
E'sSt :. l-sx
Prinr - July. rsss. the zolsf reserve
WAS bus littls Affected av Withdrawals
of evtu. there newer having been Auv
considerable demand fur the -,-.ienp-
s2uu az notes. Ersn When golsi sxplrss
were heavy sass metal was furnished BY
h4nksrs frOm their wants or was OBJ
talne,i from the treasury for gold GER
tltirates. Of e9urse without Impairment
% the reserve During tie. lass ssxa
Eears. however. the treasury has been
eaLle.i upau "a furnish ns.arsv the sxaols.
Of sAs u~FREr~menes tbr exp0rtasian.
Hsr~
able Withdrawals fs,r other uSess
To the end II September the sasaI
r-.stssmprsnns of United States notes N
suld ssncs the resumption af suscis.
pzymenrs were sfsl. noa. assa. aasI she
ssltaI r~stsnpriou of the srv,asary asltss
IN gold eram their irss issae were So
saa so
The two Important events Of the
year Affecting the eundiition Of the
public debt were the issae Of So ausi.
aisi p~r erur bansfs so repsenish she
.sult reserve ami the ssoppzge Of ths
purchase u silver huIIioa sv the issue
Treasury notes
With r~fer~use ~ the rsrir~mens oi
treasury autes. the tr-asar,.r savs shat
pri1r ra AaguSt /. tsHa. tas. treasury
hast h.sen 2hSe n provide for the r--
: denptiun Of treasury notes N silver
! dollars cut af the holdings si
> silver. ~ that there had nat been
up "a thar time. anv impairmenE OF
the s1tal anoat Of the silver t1naIs as.-
, eumnlatesi antfer the act 0n the thiri
OF that maath. however the silver
dollars and bullion IN the treasury
kad 5..,-ome re,iucesi t0 the amount ~
guir-st By law ID be retained for rha
payment of outstanding treasury asts.s
and crr.lheates ami the demand fls
the re,ierption of notes eanrinuing n
consequence of the scarcity Of the
small denominations Of currency. il
beeane neesssSry eo draw upou shs
duiiars eUlzesi especially fbr that pur-
poSe- The silver tund being thus I'm,
: paired the notes 81 redeemed Wer. can,
J eelesi IN gryter 10 pre-erv. the r-stuir-si
equality between the silver IN the
treasury and the notes outstanding.
The rDtal amount OF the notes retired
N this war, up so Ocsober 81. was -
-ssi.s3
The amount Of new issues Of United
States paper currency put Int0 ei-cula-
rlun during the rear wzs ss5Q 15g laO
having been exreesiesf but once. in lsaa
The lm1unr of worn and murulatsd
mites redeemed was SsT9. lsseagL This
! has aIso been exceestesi but once. IN
rsas& The tsrzI paper circulation
reached its highest poins in Mar last.
when it stood at 81 -. 40 0aa
! >incs then there las been slight
. eonE-aerlnn. caused chiefly by the grad,
ual rss,iempcinu and retiremsut Of gold
esrrshcares. the issue Of which was
suspended. a. the law requires, when
the ==-d reserve Of the treasury teil
below SI1e. .l00.0 00d.
The management Of the columbial
exposition. having SnalIy declined q
1e1ray ene expenses of reeofning the
Columbian hafE dollars. whien have
found their way Ineo the treasury,
they have been offered 20 the public AT
par IN exchange fur yoli ar gold Ger.
tL1racesS ami a considerable sum oi
them have been ffstribuf..f n, shn,