The report of the Secretary of the Treasury.
In the annual report submitted by Secretary Memminger
to the two Houses of Congress we find the following resume of the present financial condition of the Government
Receipts from January 1st to September 30th, 1863.
|For 8 per cent stock||$107,292,900 70|
|For 7 per cent. stock||38,767,650 70|
|For 6 per cent. stock||6,810,050 00|
|For 5 per cent. stock (call certificate.)||22,992,900 00|
|For 4 per cent. stock||482,200 00|
|Cotton Certificates, (act April 21, 1862）||2,000,000 00|
|Interest on Loss||140,210 00|
|War Tax||4,128,988 97|
|Treasury Notes||391,623,530 00|
|Export duty on Cotton||8,101 78|
|Patent Fund||10,794 04|
|Miscellaneous, including repayments by disbursing officers||24,498,217 93|
Expenditures during same period.
|War Department||$377,988,244 00|
|Navy Department||38,437,661 00|
|Civil, miscellaneous, &c.||11,629,278 00|
|Public Debt||32,212,290 00|
|Notes cancelled and redeemed||59,044,449 00|
|Total of expenditures||$519,368,559 00|
|Total receipts||601,522,893 00|
|Balance in Treasury||$82,154,334 00|
|From which is to be deducted the amount of Treasury notes which have been funded and brought in for cancellation, but have not yet been regularly audited, estimated||65,000,000 00|
The public debt (exclusive of the foreign loan) at the same period, was as follows:
|Eight per cents.||$207,128,750 00|
|Seven per cents.||42,745,600 00|
|Six per cents.||41,006,270 00|
|Six per cents.
cotton int. bonds||2,035,000 00|
|General currency||$603,632,798 50|
|Two year notes||8,477,975 00|
|Interest notes at 3.65||627,450 00|
|Interest notes at 7.30||122,582,200 00|
|Under $5||4,887,095 50|
|Five per cent. call certificates.||26,240,000 00|
|Deduct amount of treasury notes funded and cancelled, above referred to||65,000,000 00|
In order to estimate the amount of treasury notes in circulation at the date of this report, there must be added the further sum of one hundred millions for the two months which have elapsed since the date of the above schedules.
The balances of appropriations already made by Congress, and not drawn on 30th September, stood as follows:
|War Department||$395,502,698 00|
|navy Department||24,413,645 00|
|Civil, miscellaneous, &c.||56,240,996 00|
the estimates submitted by the various Departments for the support of the Government
are made to 1st July, 1864, the end of the fiscal year, and are as follows:
|Legislative Department||309,005 00|
|Executive Department||52,350 00|
|Treasury Department||22,583,359 00|
|War Department||438,078,870 00|
|Navy Department||13,624,945 00|
|State Department||544,409 00|
|Justice Department||222,587 00|
|Post-Office Department||82,968 00|
says that if these estimates are to be extended to embrace the remaining six months of the calendar year they must be doubled, and that sum added to the undrawn appropriations would make an aggregate of $1,427,448,788, which Congress is formally called upon to provide.
He says, however, that the amounts to the credit of undrawn appropriations cannot be called for, in as much as there remain but three months of the present calendar year to be provided for and the expenditures are limited to fifty millions per month.