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UL
TABLE O F ' C O N T E N T S .
'
Report by; Mr. Dallas on tlie Finances Eeport by Mr. Crawford on the Finances
Report by Mr! Crawford on the Finances
Report by Mr.'Crawford on the Finances
Report by Mr. Crawford on the Finances
Report by Mr. Crawford on the Finances
.Report by Mr. Crawford on the Finances
Report by Mr-Crawford on the Finances ,
lieport by Mr. Crawford on the Finances
Report by Mr. Crawford on the Finances
Report by Mr. Rush on the Finances Report by Mr. Rush^ on the Finances Report by Mr. Rush on the Finances . Report by Mr. Rush on the Finances Eeport by Mr. Crawford on the state of the
•
Page.
December, 1815
5
D.ecember, 1816
73
-^
,r
December, :i817
88
•
November, . 1818
lio
- ..
. December, 1819, 144
December, 1820
167
,. - .
December,, 1821
198
.December,. 1822 .217
; December,^ 1823
247
•December, 1824276
-^
313
December, 1825
December, • 1826 ^: 353
- ,
-~
December, 1827
. .-< . .
388
December, 1828
->
- . 439
Currency of the United States, in 18*20
481 .
' ^ '^^ w'
8 31
198
REPORTS OP T H E
/
[1821.
•, REPORT ON THE FINANCES. •
DECEMBER,, 182L
In obediience to the directions of the ^-Act supplementary tothe act to
establish the Treasury Department," the Secretary of the Treasury respectfully submits the following report.
I.
OF
THE
REVENUE.
;
i
The nett revenue arising from,imports and tonnage, internal duties,
direct tax, public lands, postage, and other incidental receipts, during the
year 1818, amounted to - |26,095,200 65
Viz,
Customs, ^(see statement A)
- $21,828,451 48
Arrears of internal duties
947,946 33
.
'
Arrears of directtax
263,926 01
Public lands, exclusive of Mississippi
stock
. . .
.
• 2,464,527 90
' .
Dividend on stock in the Bankof the
UnitedStates.
525,000 00
Postage, and other incidental receipts - ,
65,348 93
That which accrued from the same sources, during
the year 1819, amounted to
Viz.'
•
•
•
21,435,700 69:
.
•,
. •
Customs, (see statement A)
; - $17,116,702 96
Arrears of internal duties
227,444 01
Arrears of direct tax ^^ - "
80,850 61
Public lands, exclusive of Mississippi
stock
' 3,274,422 78
First instalment fromthe Bank of the U. S.,
and dividend on stock in that bank 675,000 00
Postage, and^other incidental receipts 61,280 33/ And that which accrued from the same sources, during
the year 1820, amounted to
- 15.284,546 29
Viz.
.
'
.
Customs, (see statement A)
-$12,449,556 15
Arrears of internal duties, (see statement
,
.B)
-•• : - . • , , - '
104,172 07'
Arrears of direct tax, (see statement B) - 31,286 82
Public lands, exclusive of Mississippi
stock, (see statement C)
•• « 1,635,871 6L
Second and third instalments from the
Bank of the United States
- ^ 1,00.0,000 00
1.821.]
SECRETARY OF T H E TREASUILY^
Postage, and other incidental receipts,
(see statement B)
- ,'. -.
i.S9
,$.^3,659-64
It is estimated tha't the
'
gross amount of duties
'on merchandise and tonnage, which accrued du'
ring the tirst three quar- >
- ^
ters of the present year,
exceeds
- $14.;088,000 0.0
•
The payments into the Treasury to the
:30th September last, have amounted to - $16,21.9,197 70
Viz.:
Customs
- $10y068,394 85 •
PubUclands,exclusive
of Mississippi stock
940,980 35
. Arrears of ititernal duties and direct tax
-,
69,867 26
Bank dividends ' 105,00000
'
.
Incidental receipts - ^ 21,581 51
^ ^
' Repayments 13,373 73
Loan
:- , 5,000,000 00
.,
..
.. y
-
,
. And the payments into the.Treasury,
• r
^luring the fourth quarter are estimated at $3,595,278 14
Viz:
Customs
- 13,000,000 00
Publiciands- ' 360,000 00
,, '
Moneys recovered out
.>
of advances made in the
.
War Department, before
the 1st of July, 1815 120,000 00
Balances of ihiiitary
•appropriations carried to
the account of the surplus fund
90,278 14
,
.
Direct tax and internal duties, and incidental
receipts
25,000 00
Making the total arnount estimated to be received into
the Treasury during the year 1821
- .
- $19,811^475 84
Which added to the balance in the Treasury on the 1st
January last, of - ,
1,198,46121,
Make the aggregate amount of - $21,012,937 05
The application of this sum for the year 1821, is estiHiated as follows, viz; .
. "r
The payments to the 30th September
have amounted to
- $15,655,288 47
Viz^:
Civil, diplomatic, and
'
miscellaneous ^ $L772,717 30
200^
;. R E P O R T S O F .THE
[1821...
Military service,inclu,
ding fortifications, ord- .
nance, Indian depart-.
ment, revolutionary and
^
,
.
mihtary pensions, arm,
ing the militia, and arrearages prior to. the 1st
. ,
,of January, 1817
- $4,872,865 78 ^ . • ' /
Naval 'service, including the gradual increase
Ofthe navy
2,603,592 75
Public debt, including • •
$591,611 30 of Missis-.
sippi stock
.- . 6,406,112 64
.
'
;
During the fourth quarter it is estimated that the payments will amount to - $3,580,000 00
^ Viz:
-^ •
Civil, diplomatic, and
miscellaneous -^ - ^ $690,000
Military service
290,000
Naval service 700,000
Publicdebt 1,900,000
00
00
00
00
Making the aggregate amount of
-
- $19,235,288 47
Which .being deducted from the above sum of
$21,012,937 05, will leave in the Treasury on the 1st day
: ^
of January next, a balance estimated at .. $1,777,648 58
But of the balances of appropriations for the service of the year 1821^.
necessary to effect the object of those appropriations, exclusiye of balances
which will not be required, and which have been deducted ffom the
estimates of the year 1822, or will be carried to the account of the snrplus
fund, there remains the sum of $2,268,611 ?8, which is an existing charge
upon the revenue of 1821, and exceeds the^ balance estimated tobe ia the
Treasury, on the 1st day of January next, by $490,962 70„
:
I I . OP T H E PUBLIC .DEBT.
The/unded debt which was contracted before the year^
1812, and which was unredeemed on the 30th of September, 1820, as appears by statement No. 1, amounted to - $20,5.70,627 12
Andthat contracted subsequently to the 1st of January,v
^ .;
1812, and unredeemed on the 30th of September, 1820,
amounted, as appears by the same statement, to - ^
- 70,654,933 65'
Making the aggregate amount of
-$91,225,560.77
Which sum agrees with the amount stated in the last annual report as unredeemed on the 1st of October, 1820, excepting the sumof $38 66, which was theii short estimated, and which has been since corrected by actual settle'
'
ment.
" • . - . , • : ' • .
v
1821.].
SECRETARYOFTHETREASURY.
In the fourth quarter of the year there was added to the
above the sum of
. V i z :
.
•
•
.
••,
., •-
'
201
$457,747 95
•
.
•
.
In 6 and 7 per cent, stocks for Tre.asury notes; brought
into the Treasury and cancelled $3,280'29
In 5 per cent..stock, under the actof
May 15, 1820 . - •
, ; • 454,567 66Maldng -•
- .
- . • . •- .;
'-,
And there v^as paid in the fourth quarter the sum of
•Viz:
-,••91,683,308 72
38.-^,892 21
• • • • • • . •
Deferr.ed stock reimbursed
- .
- $249,401 58 .
Payrnents on account of the Louisiana
stock
- , ^ 139,490 63
-
Making the public debt unredeemed on the 1st of January, 182i;as per statement No. 2
' , - 91,294,416 51
Prom the ist of January, to the 30th of September, inclusive, there has been added the sum of -• 4.735,776 38'
Viz: ^ ^ .
; .^
, ' ' •
Three per cent, stock, for interest on re- '
gistered debt '
. $26 01
. '.
Treasury note 6 and 7 per cent, stock
4,45.4 07
•
Loan authorized by act of 3d of March,
- "
1821 , .- 4,735,296 30
^ • •,
• -Making
- •
- "
From which is to be deducted the sum of
. • .Viz:
_
- '.96,034,192,89
- 2,348,097 15
.•
)'
,
;
Reimbursementof deferred stock during
the same period r,
-,
' - $276,-737 1 5 '
• Payments oil aecbunt of Louisiana stock '2,071,360 00
Making the public debt,which was unredeemed o.n the
1st of October, 1821, as per estimate No. 3
- - , 93,686j095 74
To which will be added, in the fourth quarter, Treasury
note.6 per cent, stock issued
..,390 40
Making
-;
. - 93,686,486 14
Frorn which will be deducted, in the fourth quarter, the . .
sumof : , \ 262,880 41
Viz:
: ••• •
Reimbui-sement of deferred stock
Residue.of Louisiana stock
-
-
$257,322 26
5,558 15
Making the amount of .the publicdebt unredeemed on
the 1st of January, 1822, as estimated
- $93,423,605 73 •
('p.'be Treasury notes .yet outstanding are, estimated, as
appears by estimate No. 4, at
" ,-
$28,495 00
The awards made by the commissioners appointed under the several acts
of Congress for the indemni&cation of certain claimants of public lands in
Mississippi Territory, amount to
-, $4,282,151 12
Digitizedthe
for FRASER
202
*
REPORTS, OF T H E
^ ' '
[I82L
-Of which there have been received at the General Land
Office,^in stock - $2,442,535 39
And there have been paid at the Treasury 1,734,490 85
Making together
:
-
-
.-
.
- $4,177,026 24
And leaving outstanding on the SOth of September, 1821,
as per statement No. 5
,, -
$105,124 88
I I I . OF THE ESTIMATES OF THE PUBLIC REVENUE AND EXPENDITURES
FOR THE YEAR 1822.
The diminution of the revenue from imports and tonnage, which occurred
in 1819, advanced with progressive force through 1820, and reached its
lowest point of depression in the first quarter of the present year. The
duties secured in that quarter were 727,000 dollars less than those of the
corresponding quarter of 1820 ; whilst the amourit secured in the second and
third quarters exceeded that of the same period of the preceding year by
$1,172,0*00; thus presenting, on the 30th of September last, an aggregate excess of $445,000 for the first three quarters of 1821; which sumj there is just
reason to believe, will be considerably augmented at the ^nd of the year.
Whilst the duties havevprogressively increased, the debentures chargeable
upon them have considerably diminished; the amount of debentures issued
from the 1st of January to. 30th of September last being 952,000 dollars
less than was issued during the same period of the preceding year.
The same causes which, in 1819 and 1820, effected so great a reduction
of the revenue arising from imports and tonnage, were felt^ in an equal degree, in the sale of the public lands. Those who, from an anticipation of
their resources previously to those years, were unableto purchase foreign merchandise, were equally incapable of purchasing public lands, or of discharging debts contracted with the Government by purchases antecedently made.
In the annual report of the Treasury at the comraencementof the last
session of Congress, the receipts from the public lands for the year 1821
were estimated at 1,600.000 dollars, if no change should bemade by law affecting the'obligations which the purchasers were then under to be punctual
in their payments. But, at the dose of that session, an act was passed for
the rehef of ;the purchasers of public lands, which, so far impaired that obligation as to induce the Committee of Ways and Means to estimate the
proceeds of that source of revenue at only $800,000. It hasbeen shown,
however, that the receipts to the 30th of September last have exceeded
940,000 dollars, and those of the whole year are now estimated at
1,300,000 dollars..
This result, in relatiori to the public lands, arid the improvement which
has taken place iri the revenue arising from imports and tonnage, indicate a
favorable change.in the condition of the nation,from which a progressive
increase of the public reveriue riiay be confidently anticipated.
Independently, however, of any such increase, the facts disclosed by the
fiscal operations of the year, some ofwhich havebeen enumerated, warrant
the cbnclusion that the receipts of the year 1822 may be estimated
at
:
.
.
,
.
.
.
$16,110,000 00
• Viz: ,
Customs
-" .
- "
|14,000,000 00
Publiciands 1,600.000 00
Bank diviaends
350,000 00.
'
1821.]
SECRETARY OF T H E TREASURY.
.Arrears of direct tax and internal duties
Moneys recovered* out of advances made
in the War Department before the ,1st
. of July, 1815 ,
; Incidental receipts
-.
' - , , -
203
$75,000 00'
60,000 00
25,000 00
The expenditures of the year 1822 are, estimated at $14,947,661 80
Viz: - .
. . . .
Civil, diplomatic, and miscellaneous
$1,664,297 00
Public debt
: -- 5,722,857 01
;
Military service, including fortifications,.
^
ordnance, Indian department, revolutionary and military pensions, arming the militia, and arrearages prior
to the 1st of January, 1817
- 5,108,097 52
, Naval service, including the gradual increase of the navy .
. 2,452,410 27
The receipts of-the year will, therefore, exceed the estimated expenditure by r .
- $1,162,338 20
Which, after discharging the difference between the balance in the Treasury on the ist of January, 1822, and the balance of appropriatioris chargeable upon it, will leave in the Treasury on the 1st of January, 1823, a balance estimated at $671,375 50.
It is, however, proper to state, that, in the' estimate for the naval seryice,
only 200,000 dollars' of the annual appropriation of 500,000 dollars, for the
gradual increase of the navy, is included; but that ofthe amount estimated
by the Secretary of War, a sum larger than the balance of that appropriation
is for arrearages for revolutionary pensions and the Indian department;
which will not be embraced in estimates for the year 1823.
'
The expenditure of the two succeeding years, it is believed, will not exceed that of theyear 1822, unless a further expenditure shall, in the intermediate time, be authorized by law. But in the expenditure of the year
1822, and also of 1823 and 1824, no part ofthe annual |appropriation of
$10,000,000, constituting the sinking fund, is comprehended, except what
is nedessary to discharge the interest of the public debt, and the reimbursement of the 6 per cent, deferred stock. On the 1st of January, 1825, and
the three succeeding years, the debt contracted during the years 1812,1813,
1814, and 1815, becomes redeemable at the will of the Governriient. These
sums greatly exceed the amount of the sinking fund applicable in those
years to the redemption of the public debt. As the curreiilt value of the five
per cent, stpck, created during the last and present years, exceeds that ofthe
seven per cent, stock, and of the six per cent, stocks of 1812 and 1813, it is
presumed that the holders of those stocks will be disposed to exchange them
for an equal amount of five per cent, stock, redeemable at such perio.ds as to
give full, operation to the sinking fund as at present constituted. According to this view ofthe subject, $24,000,000 of the stocks >vhich will be redeemable in the "years 1825 and 1826 may be exchanged for five per cent,
stock; redeemable, one-third on the 1st of January, 1831, arid one-third on
ithe same days, of 1832 and 1833. This exchange of six per cent, stock,
if effected on the 1st of January, 1823, will produce an annual.reduction of
204
^
REPORTS OF T H E
[1821.
the interest ofthe public debt, from that time to the first mentioned period,
of $240,000, and an aggregate saving, through the whole peribd, of
$2,160,000. If the whole of the seven per cent, stock should be exchanged,
the saving will be considerably increased.- If such an exchange of stock should be deemed inexpedient or impracticable, a saying of equal, if riot greater extent, may be effected in the years
1825, 1826, 1827, and 1828, by borrowing at the rate of five per cent., in
the first and each successive year, a sum equal to the difference between the
amount redeemable, and that portion of the sinking fund applicable to its redemption: the five per cent. stock,.so created, to be redeemable at such periods as to give full operation to the sinking fund, until the whole of the
pubhc debt shall be redeemed. If the five per cent, stock shall, during
those years, be above par, a saving beyond that proposed to be effected by
the exchange of stock in 1822 will be secured, to the extent of that difference, by the latter process..
'
^'
But It is possible that the progressive increase of the revenue which has
been anticipated,, and. which is necessaryto the full, operation of the sinking
fund, may not be realized. In that event, the public expenditure authprized
by law may, after the 1st of January, 1825, exceed the public revenue.
The remedy in such case must be—1st, an increase of the pubhc revenue,
by an additiori to the existing impositions; or, 2d, a reduction of the sinking
fund.
1 A general revision and correction of the duties imposed upon foreign,
merchandise seem to be required. Many ofthe articles which pay but fifteen pef cent, ad valoreiii, ought, in justice as well as policy, to be .placed
at twenty-five per cent.; which is the duty paid upon the principal a.rticles
of wooUen and cotton^ manufactures. The same observation is applicable to
some of'the articles which.pay twenty per cent, ad valorem. A correction
ofthe existirig duties, with a view to an increase of the public revenue, could
hardly fail to effect that object to the extent of nearly $1,000,000 annually.
It is highly probable, however, that an increase of duty on some of those
articles,might eventually cause a reduction of the revenue; but this.cah only
take place where sirnilar articles are^ manufactured in the country. In that
event, domestic manufactures will have beeri fostered, and the general ability ofthe community to contribute to the public exigencies will have been
proportionably increased.
2. Ifit should be deemed expedient to reduce the sinking fund, in preference to the imposition of additional duties, it nnay be satisfactory to know
that.an arinual appropriation for that object, of $8,000,000, commencing oo
the 1st of January, 1825, will extinguish the whole of the public debt, exclusive ofthe thi:ee per cent, stock, in the year 1839. Should the sinkingfund
be reduced to $8,000,000, an exchange of $36,000,000 of six per cent,
for five per cent, stock may be effected, in the course of the year 1822, if
the present price ofthe latter stock should continue ; without diminishing, in
any degree, the operation of that fund in the redemption ofthe public debt.
Such an exchange would reduce the,interest annually 360,000 dollars.
The loan of 5,000,000 dollars, which was authorized by the act of the 3d
ofMarch, 1821, has been obtained at an average premium of nearly 5.59
per cent., upon the issue of five per cent, stock, redeemable at the will of the
Government after the ist of January, 1835.
All which is respectfully submitted.
. ,
/
• WM. H. CRAWFORD. •
TREASURY DEPARTMENT, December 10, 1821.
A.
CO
A S T A T E M E N T e x h i b i t i n g i h e arnourU ofi duties which accrued on merchandise, tonnage, passports, and clearances;
ofi debentures issued on ihe exportation ofi fioreign merchandise.; ofi payments for bounties and allowances; a n d o f
expenses ofi collection) during the years 1818, 1819, and 1820.
Duties on
Ul
Debentures
issued.
Years.
1818
1819
1820
Merchandise.
Tonnage, &c.
Passports, &c.
^25,798,490 79
21,228,683 28
16,533,390 92
$260,878 81
131,217 51
168,827 96
$^14,030 00
8,640 00
10,528 00
$3,343,938 08
3,301,812 42
3,286,965 34
Bounties and
allowances.
$154,587 89
167,100 01
209,003 39
Gross revenue.
S22,574,873 63
17,899,628 36
13,216,778 15
Expenses of
collection.
S746,422 15
782,935 40
767,222 00.
Nett revenue.
.
S21,828,451 48
17,116,702 96
12,449,556 15
A S T A T E M E N T showing the amount ofi Americari and fioreign tonnage employed in the fioreign trade ofi the United
States, during the years 1818, 1819, and 1820.
-
Years.
American.^
.
1818
'
181.9
1820 •
;•
-
.. ^
,-
.
:
•
Tons.
755,101 - '
783,579" .
801,253
In foreign trade.
- .
Foreign. -. :•--• • ..'
Tdns..-
461,413
85,554
79,204
••
Proportion of foreign tonnage to .
the total amount.
Total.
Tons.
• ~ 916,514
869,133
880,457 .
Tons.
17.6 to loa
•9.8 to 100
8.10 to 100
. .
a
O
Ul
a
206
REPORTS OF T H E
[1821.
S T A T E M E N T A—Continued.
A S T A T E M E N T exhibiting the value and quantities, respecti/vely,, of
merchandise on which duties actually accrued during the year 1820;
[consisting ofi ihe differ ence.between articles paying duty, imported, and
those entitled to draivback, re-exported f) dnd, also, of the nett revenue
which accrued, that year, firom duties on merchandise, tonnage, passports, and clearances.
MERCHANDISE PAYING DUTIES AD VALOREM.
^
-
_'
$509,237 at l i p e r c e n t .
9,407,288
15
do. •
2,400,789
20
do. 8,980,075
25
do. ' . 831,098
30 ' do. •
-
-'
- S35,360 48
- 1,411,093 20
- 480,157 80
- 2,245,018 75
- 249,329 40
< -
22,128,487
4,420,959 63 ^4,420,959 63
1. Wines
1,754,322 gallons! a . 27.96
2. .Spirits
3,928,996 do.
44
Molasses 10,786,905 do.
5
3. Teas
4,891,447 pounds
32.06
Coifee
13,291,857- -do.
5
4. Sugar- 51,537,888 do.
3.06
5. Salt
,4,019,569 bushels
20
6. All other articles ' -
cents average
do.
do.
do.
do.
do.
do.
do.
do.
-
-
-
490,573
1,728,565
539,345
1,568,414
664,592
1,575,345
803,913
1,146,800
50
81
25
32
85
23
80
34
8,517,551 ID
Deduct duties refunded, after deduct] ng therefrom duties on merchandise, the
particulars of which could not be iiscertained, and difference in calculation
12,938,510 73
57,086 04
12,881,424 69
Two and a half per cent, retained on drawback
Ten per cent, extra duty on> merchandise imported in foreign
vessels , Interest and storage'
- •• '
,
.
,
-
•
•
-
'
•
Nett duties on merchandise^
DutiTiS on tonnage
- "^
Light money ' ' -•
S91,602 33
34,542 20
29,852 97
155,997 50
•
13,037,422 19
•
-
•-
-
-
155,021 T6
13,806 80
Passports and clearances
Gross reyenue. Deduct expenses of collection
13,216,778 15
767,222 00
-
Nett revenue,, per statement A -
• 168,827 96
^ 10,528 00
- •
•
-
'
-
12,449,556 15
1821.]
207
S E C H E T J ^ R Y O F T H E TREASURY.
Explanatory Statements and Notes.
- .
1. W.ines—
.Madeira (
'' - • .96,927 gallons, at 100 :enis
Burgundy, &c.
7,853 do. £it 100 do. • Sherry and St. Lucar
6,645 do. at 60 do. Lisbon and Oport 0, &c. 193,908 do. at 50 do. •Teneriffe, Fayal, &c.
248,805 do; at 40 do. - / , Claret, &c., in bottles, &c.,
35,112 do. at 30 do. All other 1,164,711 do. at 15 do. _
- .
Do.
361 do. at 25 do.
2. SpiritsGrain, 1st proof
2d do.
3d do.
4th do.
5lh do.
Other, 2d do.
3d do.
4th do.
5th ' do.
-
,.
1,754,322
do.
363,189
49,477
2,628
1,539
2,261
606,494
1,245,976
1,646,338
11,094
do.
do.
do.
do.
do.
do.
do.
do.
do.
do. :
$;96,927 00
7,853 00
3,987 00
.96,954 00
99,522 00
10,533 60
174,706 65
90 25.
490,573 50
at
at
at
at
at
at
at
at
at
42
45
48
52
60
38
42
48
57
do.
do.
do.
do.
do.
do.
do.
do.
dq.
-
•
.
152,539 38
22,264 65
1,261 44
800 28
1,356 60
230,467^72
523,309 92
. 790,242 24
6,323'58
.
-,
_
_.
1,.728,565-81
3,928,996
3. Teas—
Bohea
163,226 pounds,
Souchong 1,253,164 do.
Hyson skin, &c. 1,485,116 do.
Hyson and young hyson - 1,757,210 do.
Imperial
. 232,731 de.
1
at
at
at
at
at
12
25
• 28
40
50
do'.
do.
do.
do.
do.
_
.
._
-
,
4,891,447
. 1,567,960 10
.Extra duty ©ri tea? imported
from other places than China
• 454 22
4,891,447
4. S u g a r Brown, &c.
White, clayed
5. S a l t Iraported. - bushels
Exported. - bUvShels
Bounties and allowances reduced into bushels, at 20
cents
19,587 12
313,291 00
415,832 48
702,884'00
116,365 50
do.
48,617,029
2,920,859
do.' at '3 do.
.do. at 4 do.
51,537,888
do. y
-
1,568,414 32
-
5,081,716 at 20 cents
-
1,458,^510 87
116,834 36
,
1,575,345 23
1,016,343 20
17,130
^
1,045,017
1,062,147 at 20, do.
. -
212,429 40
4,0i9,56.9.at.20; do.
-
803,913 80
m
REPORTS OF THE
,.
. ".,"
•.
[1821.
Explanatory Statements and iVo/es^Continued.
6. All other articles. >
Duck—Russia
.
Ravens
-.
^ .Holland
Sheeting—brown, Russia' - \
white, Russia
- ' .,
Beer, ale, and porter, in bottles
in-casks
- Oil—spermaceti
- .
- ' ' whale, and other fish s-.- ' —
olive, in casks -'
"- .
Cocoa
.-".
- ' . ' - •
. ' Chocolate
- •
: Sugar, candy - ,
- .
". • loaf
- . ' -,
s
• other, refined and lump
Fruits-Almonds
- • . - . '
C u r r a n t s .- '
P r u n e s and plums \
Pigs •
- • - .
Raisins, j a r and muscatel Raisins, all other ,- '
.Candles—Tallow
.- ,
, W a x and spermaceti
Cheese
-^
- .
Soap Tallo^^
,- .
•-•
;Spices—Mace
- .
• Cloves
. - - Pepper
- ..
Pimento \ Cassia
^- •
Tobacco, manufactured, &c.
' Indigo
.
. •Gunpowder Brisdes
^- '
Glue
•
-. . . - •
Paints—Ochre j d r y . in oil
W h i t e and red lead
, W h i t i n g and P a r i s white - '
L e a d , bar, pig, and sheet
. m a n u f a c t u r e d a n d shot
Cordage, tarred, and cables -untarred, and y a r n
' twirie and packthread
Copper and composition rods and bolts
'
nails and spikes W i r e , iron and steel, not above N o . 18
above
do.
Iron—tacks, brads, &C;, not above 16 ounces
pertacks, brads, &c., above 16 ounces per nails,
- , -^
spikes
anchors - • pig
.
.
.
castings - .
.bar and bolt, rolled
-
.
Quantity.
26,.859
.
16,185
• •
1,814
14,738
643
4-4,238
'
13,522
7,901
do.do.
473
7,s^85
do.
777,732
pounds
do.
2,029
do.
3,347
do.
898
563
do.
297,483
do.
do.
120,008
do.
114,543
do.278,400
' do.
!
934,840
do.
1,030,108
do..
44,304
do.
1,045
do.
73,118
do.
39,989
do.
1,886,722
do.
330
do.
19,547
do.
194,155
. do.
263,799
do.
88,200
do.
503
do.
,
122,729
do.
59,912
do.44,.339
dc. .
•54,647
do.
163,243
do.
34,232
do. ' J 3,037,786
do.
72,210
do.
2,202,920do.
2,055,478'
do.
267,332
do.
246,321
do!
223,793
do.
21,759
do.
13,186
do.
120,284
do.
7,582
pieces
do. •
do.\
do.'
do.;;
ffallohs
do.
M.
do.
pounds
do.
do.
cwt.
do.
do.
1
Rate of
duty.;.
' Duties.
. Cents.
200
125
250
160
250
15
10
25
15
25
2
3
12
12
10
S53',718 "00
20,23125
4,535 00
23,580 80
1,607 50
6,635 70
1,352 20
1,975 25
70 95
1,821 25
15,554 64
60 87
401 64
107 76
56 30
8,924
49
^
3
3,600 24
3 ,
3,436 29
3
8,352 00
28,045 20
3
20,602 16
^
3
1,329 12
6
62 70
9
6,580 62
3 1
1,199 67
1
18,867 22
100 .
330.00
. 25
4,886 75
8
15 ,'532 40
6
15,827 94
6
5,292 00
10
50 30
15
18,409 35
4,792 96
. 8
.
3
1,330 17
. 5
2; 732 35
1
1,632 43
513 48
U
3
91,133 5S
722 10
1' 1
22,029 20
12
41,109 56
•3
„ .8,019 96
° 9,85284
4
^ 8,951 72
4
870 36
4
4527 44
5 •
6,014 20
9
682 38
22,0095
1,497
4
220,682
4
'
38,625-.
3
79,252
2
6,584 ••
50
6,202
• 75
59,385 1 150
1,100
59
8,827
1,158
1,585
3,292
4,651
89,077
45
88
28
75
04
00
50
50
1S21.]
209
SECRETARY OF THE TREASURY.
Explanatory Sthtementg and Notes—Continued.
•.•••'
. Gtuantity.
6 All other articles.
Iron—bar and bolt, hammered ^
sheet, rod, and hoop
Steel - Hemp Alum Copperas
Coal
.
Fish—dried or smoked
pickled salmon ' mackerel
^ other ' Glass—black quart bottles
window, not above 8 by 10 inches
do.
do. 10 by 12 do.
do. above
10 by 12 do.
Shoes—silk
leather, men's, &c.
children's
Segars Playing cards - , -
cwt.
do.
do.
do.
do.
do.
- bushels
- quintals
- i barrels
- '
do.
do.
gross'
- 100 sq.ft.
do.
do.
pairs
do.
do.
M.
packs
> 389,-797
12,520
7,802
93,707
.1,283
540
' 673,711
' 558
1,373
17
219
9,379
2,825.
1,158
.2,288
475
3,144
2,532
5,364.
2,113
Rate
of
duty
Cents.
75
.250
...ioo
150
200
100
5
100
'200
150
100
i44 ,
250"
,275'
325
30
25
15
250
30
^> '.
Deduct excess of articles exported beyond the importations, viz:
Nutmegs
366 pounds, at 60 cents
Cinnamon
6,328 do. at 25 do.
Snuff i9,733 do. at 12 do.
Cotton. - 246,985 do. at 3 do.
Boots 411 pairs, at 150 do.
Duties.
1^292,347 75
31,300 00
"7,802 00
140,560 50
2,56600
• 540 00
33,685 55
558 00
• 2,746 00
25 50
- ' 219 00
13,505 76
7,062 50
3,184 50
7,436 00
. 142 50
786 00
. 379 80
13,410 00
' 6 3 3 90
1,162,595 95
^219
1,582
5,967
7,409
616
60
00
96
55
50
15,795 61
,
1,146,800 34
^
.
.
.
•
' .
••
TREASURY DEPARTMENT,
Register's Office, December 1, 1821.
JOSEPH NOURSE,
VdL. it—U
er.
REPORTS' O F T H E
'210
m
S T A T E M E N T ofi' moneys 'received into tHe Treasury-, from iniernal
reveinie and other obfects, during the year 1 8 ^
From'arrearsof internal duties (new) -,
> - :', -• tld.i,-.172-07
' '.,31,-286 82
»'. .
' . 'directtax
< /(do.) . - .
-'
.-, ^ ,
old'internar duties ' - .• > - , S2,088 46-.
\y^
old direct tax, r- ' :-•
•:••}•?''.'.; 300 00
V
. ^ .Postage of letters >•
..-,-' . .' - ' ; :- . .r^ ' 6,465 9.5
' Fees on letters.pit ent „. .- \
-- •' -•
.'3,720 00
> Cents coined at the mint of the United'^States^^^ ."-,: - - ,- 32 ,'820 50'^
Fitres, penalties,:aiid forfeitures - ." .. -,
-. ; -.'•
105 97
.; . > . Nett proceed.s of prizes captured by public armed v^essels"^; . 8,004:76• Returned'passage money of an Anierican se'aman.
.-, •^
10 00.
' .
^ ^ Interest on balanjses due, by banks to the United States 144 00
. ' Sale of public lots inihe city of Washington ^ 10,000 00,
,'"63,659 64• '- Second arid third; instalments payable .by the Bank of the .'
"•'-•'• United ;States - ;.,
-. . • - - / • . , : .. '.
1,000,000 00
'
.
•
•
•
_
.
"
'
'
•
•
•
'
,'
'•
•
'
'
'
'
,
"
.
-
.
•
;
.
.
<
.
•
•
•
,
V T R E A S U R Y pEPA^RTMENT,
^
'
.
''.
-
.
-
'
'
•
.
,
-
•
•
,
.
.
.
-^ :,'
'
•
:
.
<
v..','
-
.
*
-
'
^
•-•
'
• • • • . ' ' • '
'v"',/-
•
•''
X 1,199,1.18'53
'/
R e g i s t e r ' s Office, November 12, 1 8 2 1 .
.
.
• ;: • • • •" ;. ^
•; ._, JOSEPH ^01]RS^,,Regisier.
V
18'2i.]
SECRETARY OF T H E TREASURY-
• 211
O. •
S T A T E M E N T of moneys received from \ke sales of thepublic lands,
,
'
during ihe year 1820.
•From Washington, Mississippi
'Huntsville, Alabama
St. Stephen's, d o . . .
Cahaba,
^do.
Cincinnati,
Ohio
.Chillicothe,
do.
. -,
Zanesville,
do.
.
Steubenville,
do.
Wooster,
do.
Marietta,
do.
Delaware,
do. '
Piqua,
do.
Jeffersonville, Indiana
Vincennes.
do..
Brookville'
do.
Shawneetown, Illinois
Kaskaskia,
do.
. .
Edwardsville, do.
Franklin,
Missouri
• St. Louis,
do.
Detroit, Michigan
-
.,,' •• . . .
--
-^
- ,f 116,104 31
- .
-'
62^586 43
70,308 25
' -'
298,130.97
.
. 133,694 55
36,689 62
. - '
- ' 71,106 -22
- •
43,143 ;4i
.-•
60,912 09
-...'-,
12.795 38
.37,819 35
^ , 3,100 00
-. 148,832 26
. -' 133,610 80
.'117,980 36
37,762 53
.
67,073 34
29,499 28
- • 89,075 59
", 59,569 91
-•
T7,056 96
• $i,635,87l 61
T R E A S U R Y DEPARTMENT,
'
Register's Office, December 11,. I82h
-.
JOSEPH KOURSE, ^e^is^er.
ii2
• -REPOKTS.^ OP ^ THE^ : N O . ' 1 .
..••
;
, '•
, [.1821.
• ' : ; ' • .
• S T A T E M E N T o f the debt of the ^ United- States, 1st October, }820.
Deferred stock, (unredeemed'amoiint)"
Three per cent - :
.Louisiana' ' ' ^ - • -,
- - -\
Sixper cent, of 1796 ; •:
Exchanged six per cent, of 1812 -
- $2,309,296 91 - 13,295,946 44,
.>.'' 2,216,408;7&,- " .:- .••^•
8Q,Q0O 90 •
-^ 2,668,974 99
|2Q,570,627 12'^
Six per.cent, of,1812, (loan of ,11 millions) 6,187,006^84.
Six per cent, of 1813, do.
16 do. ' 15,521^136 45
Six per cent, of 1813, do.
7 | do.
^ 6,836,232 39
Six per cfent. of 1814, do.
25:and3 mil. 13,011,437 63
Six per cent, of 1815, do.^ 1B,482,500 9,490,099 10
Tr^asury.note 6 per cent, stock - 1,458,473 50
/rreasury" note T per cent, stock - 8,605,116 27
Five per cent, stock, subscription to .Bank .
UnitedStates : r. - 7,000,000 00
Six percent, stock of 1820
; '- ^ - :2,OOO,O0O 00
.Five per cent, stock of 1820 . ' ^
545,431 47
• 70,654,933.65
91,225,560 7 7
Amouiit, as per the Secretary's report of last year Aild this sum dvereslimated asreindbursement'o
" mock, to 30th September, 1820
-V
'•..^'.••v
: • . ;• '
TREASURY DEPARTMENT,
'^t
• V. , • . As .above-
\ - '91,226,622 11
-
38 66.
..• |91,-225,560. 77
Registet-sOfficef November 12, W
'
' . . ; . '
. • . . . ' . - JOSEPH/NOUESE, Register.
I821.]'
.
SECRETARY OF T H E TREASURY.
2m"
N.o. 2.
. S T A T E M E N T ofthe debt ofi the United States, January 1, 1821.
Deferred stock (unredeemed amomit)
Three per cent, stbck - .
Six per cent stock of 1796
Exchanged six per cent, stock of 1812
Louisiana six per cent, stock ' -
. S2,059,885 53
- 13,295,930 03
- . 80,000 00^
- 2,668,97439
-" 2,076,918 15
- /
-
- .
-
$20,181,708 70
Six per cent, stock of 1812, loan of 11 millions
- 6,187,006^84.
Six per eent. stock of 1813, loan of 16 millions
- 15,521,136,45
Six per cent, stock of 1813, loan of Ih millions ; -. '- 6,836,232 39 ,
Six per cent, stock of 1814, loan of 25 and 3 millions - 13,011,437 63
:Six per cent, stock of 1815, loan of S18,482,500 ' ' - 9,490,099 10
Treasury note six per cent, stock
.
-- '1,460,949,00
Treasury note seven per cent, stock
- . - 8,605,847 27•Five-per eent. stock, subscription to- the Bank of the United
- 7,000,000 00 .
States - ° Six per cent., stock of 1820, per act of May 15, 1820 -' 2,000,000 00
Five per cent, stock, per act of May 15, 1820 -'
- ^ 999,999 13
)
•
•
/••
71,1-12,707 8,1
Amount on the ist of January, 1821
-
.
-
"•
-
'$91,294,416 51
m t m . - 1i : ' .
- ^$91,225,560 77
Unredeemed amount on the 1st of October, 1820, per statemcnt^No.
Add stock issued,in the fourth quarter of 1820, viz:
- . $2,449" 29
Treasury note six per cent, stock. - '
.Treasury note seven per cent, s.tock
731 00
454,567 66
Five per cent, stocky per act of May 15, 1820
457,747 95
•
91,683,308 72
Deduct reimbursement of deferred stock in same quarter
And payments on account of Louisiana stock -
- 249,401,58
- , 139,490 63
^
As above
TREASURY DEPARTMENT,
-, . '
-
''
388,892'21
$91,294,416 51
-
Register's Office, Novemher 12, 1821.
•'
^
^
^
JOSEPH NOURSE, i?e^i5/cro
214..
.-REPORTS^^F THE
' .
' ..
^•^-;
'
{1821..
•N.o.^3.^,
E S T I M A T E ofi the fiimded debi ofi the United States, October 1, 182L
Deferred stock, unredeemed amount Three per cent, stock, Sixper cent, stockof 17965
Exchanged six per cent, stock of 1812, Louisiana stock (amount unapplied for)
. -
^
-
'- $1,783,148 38
- 13,295,956 04
80,000 00
- 2,668,974 99
5,558 15
'
017,833,637' 51?.
Six per cent, stock of 1812, loanof^ll niillions
- 6,187,006 84
Six per cent, stock of 1813, loan of 16 millions
- 15,521,136 45
Six per cent, stock of 1813, loan of 7 | millions
- 6,836,232 39'
Six per cent, stock of 1814, loan of 25 and'3 millions - 13,011,437 63
Six per ceht. stock of 1815, loan of ^18,482,500
- 9,490,099 10
Treasury note six per cent, stock
. '-.
.- 1,464,895 07
Treasury note seven per cent., stock - ' ' - 8,606,355 27
• Five per cent, stock, subscription to Bank of the.United States 7,000,000 00
Six per cent, stock of 1820
-,2,000,000 00
Five per ceiit. stock df 1820
". -^ 999,999 13
Five per cent, stock, per act ofMarch 3, 1821' - 4,735,296 30
75,852,458,18^'
$93,686,095 74
Amount, as stated, January 1, 1821
'
Ad^ stock issued in the first three quarters of 1821, viz :
Three per, cent, stock, for interest on registered debt
Treasury note six per cent, stock - ^ - . - "
Treasury note seven per eent. stock
-
-
, .
-,
-
.
$91,294,416 51
$26. 01'
3,946 07
508 00
'
- ,
Loan, per act of the .3d of March, 1821 -
-.
4,480 08
{a) 4,735,296. 30
Deduct "reimbursement of'.deferred stock
• And payments on account of Louisiana stock -
-
276,737 15.
^ - 2,071,360 00
x
4,739,776 38.
96,034,192 8^
As.above, October 1, 1821.
. . ' •_
. .
Add Treasury note six per cent, stock, issued in the fourth quarter of 1821 Deduct estimated amount of paj^ments in the fourtli quarter of 1821, vizV
Reimbursement of deferred stock - ' $257,322 26.
Residue of Louisiana stock .
5,558 15
2,348,097 15
93,686,095 74
390 40 "
93,686,486 14.
' 262,880 41.
Estimate^damount, January 1, 1822
-
-
-
'
-
-
-
$93,423,605 .73-
(ft) Stock issued, and premium obtained thereon, in pursuance ofthe act ofMarch 3, 182L
Where sold.
At Philadelphia PhiladelphiaNewYork Boston
:,.
Washington-
>~
^-
-,
- :
-
. .
." .-•
.•-
Amount of'stock issued..
Premium.
- $4,000,000 00
$205,880 00
282,700 00
'22,616 00
351,500 00
- 28,120 00
..
100,000 00
8,000 00
1,096 30
87 70
$4,735,296 30
' 264,703 70
'•
TREASURY DEPARTMENT,
, '^
#264;703 70
:
#5,000,000 00
""
~~'
Registers Office, November 12,1821.
^
JOSEPH NOURSE,' Register.
1821.]
• SECRETARY OF T-HE TREASU.RY.
21^
No.4\.
• E S T I M A T E ofi the.amount ofi Treasury notes outstanding, 1st Novem.-••.••
her, 1821.'.^ -•
Total amonnt .issued,'as per No. % of last report _ $36,630,794
Cancelled and reported on by the First Auditor $36,64.93535
In his ofRce, to be reported on, for six per cent.
, Treasury note stock issued at the loan office
. for New Hampshire
$500
Massachusetts
, 700
^ NewYork ' " 340
Yirginia
600
'
In the Reoister's' office
400 •
2,540
In lhe branch bank at Washington, small notes .
224
36,652,299
Ontstanding 1st November, 1821. , Of which appears to be in small notes
Notes bearing interest
•
• - ^
•
'
.
-
•
•
-
•
•
\
a 28,495
, $3,075
25,420
$28,495
a Note made by the First Auditor:
The balance estimated by Mr. Nourse as otitstanding on the
. 1st Noyember, 1820, is - .
. - . , • , . . , • ..
T o which add a'mount estimated to be in the branch at Washiqgton a.nd the Union Bank of Ne,w Hampshire, after deducting the estimated ampunt of interest thereon $99,105
Deduct the nett amount, exclusive of interest, ascer.
tained to be in the branch bank on the 2d De.cember, 1820, per report No. 42,245 . •. - . 91,318
Difference arising from the interest being short estimated
$27,656
7,787
35,443
Deduct amount received since 1st November, 1820, at the
. office of the First Auditor, at the branch bank, Washingtoh,
and by the Register ofthe Treasury, for stock issued
6,948
$28,^495^
TREASURY DEPARTMENT,
Register's Offiice, Novemher 12, 1821. .
• JOSEPH NOURSE, Register.
216
REPORTS OF T H E
[1821.
No. 5. , •
'
..
S T A T E M E N T ofi the stdck issued under the act ofi C ongress entitled
" An act supplementary to the act fior the indemnification ofi certaiti
claimants ofi public lands in the Mississippi Territory,-' passed on the
. 3d March, 1815.
'
Amount of claims awarded, per statement No. 5 of last
report
^
^- a^$4,282,151 -12|
Paid in for lands to the 30th Septeniber,
^
1820, per said statement
-$2,439,308 31
Paid in since -' - .' ./.3,227.08^
,
.
.. ^
;
2,442,535 39
Amount of payments made
at the Treasury, on ac..
countof this stock, tothe
'
30th September, 182b, as
per said statement ,- $1,142,879 55
Amount of payments made
/
at the Treasury, on ac• '
count of this stock, from
.
1st October, 1820, to the. 30th September, 1821
591,611 30.
. .
—
1,734,490 85
Outstanding on the ist October, 1821
'
'• '-
a Certificates issued for
Certificates to be issued
^
•••'.'"-'
_-
^
- . , -
.
;
.
-. ^
'-•
4,177,026 24
105,124 88^
.$4,282,151 124
- ; $4,279,364 1 8 |
2,786 94"^
$4,282,151 12^
TREASURY DEPARTMENT,
Register's Office, November 12,1821.
. •
'/.
' ^
'}mEVIi'^OJjKS>%
Register.
INDEX
A.
Agriculture, promoted by domestic manufactures, 321, 405, 445.
how affected by the fall in price of domestic articles i n foreign
markets in 1818, 4S6.
Appropriations for 1814, gross amount of, 29.
Army expenses from 1st January, 1812, to 30th September, 1815, 15, 29.
in 1816, 74.
1817, 89, 111.
1818, 111, 198.
1819', 145, 198.
1820,: 168, 198.
1821, 200, 2:17; 234,
1822, 218, 239. 264.
1823; 248, 269', 276, 2 9 4
1824, 277; 301, 313, 332.
1825, 314, 339, 354, 372.
1826, 355, 379, 393, 418.
1827, 394, 426, 461, 472.
1828, 466, 473.
B,
Balance in the Treasury, 1st January, 1815, 30,
.1816, 74.
1817, 88,
1818, 111.
1819, 114.
1820, 169.
1821, 199.
1822, 217.
1823, 247,
1824, 276,
1825, 313,
1826; 354.
1827, 393, 472,
1828, 448, 472.
1829, estimated, 448,
Batik capital authorized by law, itt 181445-16-17, 481, 483,. 520.-,
of sixteen banks, in 1813-15-19, 523.
Bank credits, advantages and,,disadvantages of, consideredijy 491,492.
Bank, national,; establishmentr of: a, .recommendedy ^i 1 ,
Bank of England, suspended specie payments,.remarks, on, .491i
excessive issues;of, reduced the- rate, GFT inteiest, 503.
B a n k + o f U n i t e d . States, .subscription, to the. sfockUof.the; k:90., .
a modification) of the f charter., of?, recommended;, 177.
its beneficial effects on the: fiscal) operations of
Government, : 446.-,
condition iof, the,'on: the':30th ^iSeMenaber, 1819,
481, 514.
528
INDEX.
Bank dividends, in 1817, 117
1838, 110, 155, 198.
1819, .184, 198.
1821, 199, 232.
1822, 237, 260.
1823,^ 292.
1824, 330.
1825, 337, 370.
1826, 416.
1827, 424, 460, 472.
1828, 473.
Banknotes, duty on, cease in 1816, 9.
in circulation in 1819, 482, 483, 518, 523.
Banks benefit the community, under certain restrictions, 487
Banks increased since the termination of the war in 1.815, 493.
should be restrained from excessive issues, and from issuing small
notes, 494.
Banks in the several Stales and Territories, condition.of.the, in 1819, 521.
specie possessed by the, 522.
Bounties and allowances.—See Imports.
C
Chesapeake and Ohio Canal Company, United States subscribe to the stock
of the, 447
Circulating medium, plan for improving the, 40.
Cocoa, a reduction of the duty on, recommended, 325.
Coffee, a reduction of the duty on, recommended, 325.
Coinage of the United States compared with that of other nations, 494.
an.increase and alterations of the. recommended, 495.
Colonial trade, remarks on the, 410.
Commerce, how affected by the tariff of 1824, 280, 319, 397
state of the foreign, in 1828, 442.
how affected by substituting a paper for a metallic currency, 509.
Cotton, exported in 1825-26, 361.
Cotton fabrics^ further protection necessary for the manufacturers of, 149,
325, 400.
Crawford, Mr., report of, on currency, 481.
Currency, report of Mr. Crawford on, 481.
of what it consists, and its condition, 482.
causes of depreciation in the paper, 484.
of metal and paper in circulation in 1813-15-19, 485.
when purely metallic, its effects, 488, 493.
how affected by bank issues, 489.
Treasury notes became a component part of the, in the eastern
States, in 1815-16, 491.
paper circulation may be beneficially connected with metallic,
491,493.
metallic, value of, compared with that of other nations, 494.
the issue of Treasury notes for the improvement of the, considered, 496.
INDEX.
529
Currency, the practicability of adopting a paper for a -metallic, considered,
497, 511.
constitutionality of adopting a paper for a metallic, considered, 504
estimated amount required for Europe, of metallic, 501'.
D.
65.
Debentures, issued in 1,813-14,
1815,
82, 95, 150.
1816,
95, 150.
1817,
116, 150.
1818-19-20, 179, 205.
1821,
225.
1822,
253.
1823,
285.
1824,
327.
1825,
367,
1826,
413.
1827,
451,
Debt—See Public Debt.
Direct taxes increased in 1815, 12.
a.reduction of the, recommended, 36.—See Revenue,
Discriminating duties cease in 1816, 7,
Drawbacks—See Debentures issued.
Duties on domestic manufactures, a repeal of the, proposed, 36.
table of existing, 46.
additional, on imports and tonnage, cease in 1816, 7,
a continuance of the. recommended, 38.
on stamps and refin.ed sugar, cease in 1816, 35.
on other articles, a repeal or reduction of, recommended, 36.
on. imports, an increase of the, proposed for the protection of certain
articles of domestic manufacture, 149, 204, 223, 252, 400.;
on fine cotton fabrics imported, an increase of the, proposed, 325.
on teas, coffee, and cocoa, a diminution of the, proposed, 325.
on imports, remarks on the credit system, in the collection of the,
492.—See Imports; also, Merchandise.
E.
Estimate of receipts and expenditures for 1815-16, 24, 29, 33, 35, 73, 78.
1817,
78, 80, 88.
1818,
93, 110.
1819,
113, 145.
1820,
148, 167,
1821,
170, 199.
1822,
202,218,
1823,
220,247.
1824,
250,277.
1825,
281,314.
1826,
318, 354.
1827,
360, 393.
1828,
396,412.
1829,
449.
Exchange, (foreign and inland,) rale of, in 1813-14-15-16, 484, 524.
Exchange, (foreign) how' affected by the depreciation of paper currency, 48*4.
by substituting a paper for a metallic currency, 509„
VOL. II.—34
530
INDEX.
Expenditures^— See Receipts and expenditures.
Exports for the year ending 30th September, 1822, .220. 222.
1823, 250.
1824, 280.
1825, 318.
1826, 360.
for the years 1822 to 1827, 397
1821 to 1828:, 442.
F
Finances, a review of the. in reference to the late state of war, 5.
state of the, in 1815, 24.
1816, 73.
1817, 88;
1818, 110.
1819, 144.
1820, 167=
1821, 198.
1822, 217,
1823, 247,
1824, 276,
1825, 312.
1826, 353.
1827, 388.
1828, 439.
Flour exported in 1825-6, 361.
Foreign debt'extinguished'in 1810> 20;
H.
Hamilton's reports on finances referred to, 445.
Hemp,- an increase of the duty on, recommended, 400,
I.
Importations into several ports, a comparative statement of the value of, 305,
gross amount of, in 1821 to 1828, 442.
in 1816, increased the rate of exchange, 484.
Imports, statement of the amount of duties accrued on, in 1813-14. 65.
1815, 82,150'.
1815-16, 95, 150.
1817, 116, 150.
1815-16-17-18,150.
1817-18-19, 179.
1818-19-20, 205.
1821, 225.
1822, 253.
1823, 285.
1824, 327,
1825, 367.
1826, 413.
1827, 451.—See
Merchandise imported,
Indemnity by Great Britain fof slaves, &c., amount of, 393.
distribution of the, 394, 418, 425.
duties increased in 1S15; 12.
DigitizedInternal
for FRASER
INDEX.
531
Internal} duties, repeal of some, and reduction of other parts of the, proposed, 36.
repealed 31st December, 1817. 148.—See Revenue.
Internal improvements, surplus revenues may be applied to, 81.
Iron, an increase of the duty on, recommended, 400.
L.
Land claimants (Yazoo) in Mississippi, statements of the awards to, 126,
166, 190, 216, 246, 275, 311, 345, 387. 431, 474.,
Lands—See Public lands.
Laws creating and increasing the revenue, reviewed, 8, 34.
repeal or modification of certain, proposed, 38.
a revision of the, recommended, 445.
Loans, additional, recommended, 75/ 149, 178, 204, 282, 317, 359.
receipts from, in 1812-'13-'14, 15.
in 1815, 26, 30.
terms on which obtained, 26, 53 to 64. 283, 306, 307,
receipts from, in 1816, 74.
1820, 178.
1821,199, 204, 217,
1822, 223.
1823, 283.
1824, 312.
1825, 354, 370—See Revenue.
M:
Manufactures, a repeal of the laws injuriously affecting domestic, proposed, 36.
table of the existing duties on domestic, 46.
a modification of the tariff, proposed for the better protection
of, 149, 204, 223, 252, 325, 397. 400.
promote the interests of agriculture and commerce, 324, 445.
domestic, exported in 3.S24-'25, 319.
1826, 363.
1827, 397
182,1 to. 1828. 442.
how affected by the fall in price of domestic articles in
foreign ports in 1818, 486.
Mediterranean fund, discontinued in March, 1815, 6.
Merchandise imported, (the quantity re-exported deducted) in 1814, 66.
1815, 82, 95.
1816, 95.
1817, 116.
1818, 151.
1819, 180.
1820, 206.
1821, 226.
1822, 254.
1823, 286.
1824, 347,
1825, 476.
1826, 433.
1827, 452.
532
INDEX.
N.
National bank, establishment of-a, recommended, 44.
subscription to the stock of the, 76.
National circulating medium, plan for improving the, 40.
Navy expenses, from 1st January, 1812, to 30th September, 1815, 15, 29.
for 1816, 74.
1817, 89, 111.
1818, 111, 198.
1819, 145, 198.
1820, 168, 198.
1821, 200i 217, 234.
1822, 218, 241, 264.
1S23, 248, 270, 276, 295.
1824, 277, 302, 313, 333.
1825, 314, 340, 354. 374.
1826, 354, 381, 393^ 420.
1827, 394, 428/464, 472.
1828, 469, 473.
O.
Officers and soldiers—See Revolutionary
claims.
P.
Passports and clearances—See Merchandise imported ,- also, Imports.
Postage on letters, increased in 1815, 12.—See Revenue.
Public credit, during the late war, state of the, reviewed, 6.
plan for improving the, 38.
suite of, in 1.828, 441.
Public debt, amount paid from 1st Jan., 1812, to 30th Sept., 1815,15,16,30,
amount unpaid on 30th September, 1815,19.
amount paid to 1st January, 1815, 22.
statement of the, from 1st January, 1791, to 1815. 47.
state of the. in 1816, 75, 82, 85, 90, 100.
1817. 90, 100 to 103, 111, 119, 135.
additions made to the, by funding Treasury notes, 104,146,160,
amount of the, on 1st January and 1st October, 1818,112, 120r
146, 160, 164.
in 1819, 147, 161 to 166, 185.
1820, 169, 186, 188, 200, 212.
1821, 201, 213 to 216, 219, 235, 243.
1822, 219, 244, 249, 265, 272.
1823, 249, 271, 273, 278, 296, 308.
1824, 278, 303, 30?, 334, 342.
when it may be redeemed, 283.
amount paid from 1st January, 1817. to 1st January, 1825,''284,
343.
INDEX.
533
Public debt, amount of the, on 1st October, 1825, 315, 341, 344, 375-, 384.
1826, 356,381,385 to 387,421.
1827, 390,429 to 431,465,472,
. 1828, 470, 473.
amount paid from 1st Jan., 1817, to 1st Jan., 1829, 440, 472.
amount unpaid on 1st January, 1829, 471.
Public lands sold prior to ihe establishment of land offices, 51.
from the opening of the land offices to 1814, 51.
from 1st October, 1814, to 30th Sept., 1815, 68 to 72,88,
receipts from, in 1816, 73, 88. 110.
sold from 1st Oct., 1816, to 1st Oct.,, 1817, 97 to, 99, 110.
sold in 1817-18,110, 118, 135 to 143.
1818-19, 145, 156 to 159, 191.
1819-20, 167, 191 to 198.
relief to purchasers of, recommended, 175.
sold in 1820-21, 199,<211, 230.
effects of the relief laws on the sale of, 202.
sold in 1823, 236, 247, 258.
1823, 248, 266, 276, 290.
1824, 277/297, 312, 328.
1825, 313, 335, 368.
1826, 376, 392,. 414.
1827, 393, 422, 457.
remarks on the credit system in the sale of, 492.
R.
Receipts and expenditures, from 1st Jan., 1812, to 30th Sept., 1815,16, 29.
from 1791 to 1814, 45, 73.
in 1815-16, 73, 88, 110.
1816-17, 88, 110.
1817-18, 111, 144,
1818-19, 145, 167.
1819_20, 167, 198.
1820-21, 198, 217, 233.
1821-22, 217, 233, 238 to 244, 247,261.
1S22-23, 247, 261,.268, 293.
18^3-24, 276, 293, 300, 330-1.
from 1st Jan., 1817, to 1st Jan., 1825, 284.
in 1824-25, 312, 330 to 352, 354,371,476.
1825-26, 353, 371 to 382.
1826-27, 392, 413 to 438, 451, 457, 460,
472.
from 1821 to 1828, 442, 448, 451,, 465, 473.
Revenue, state of the, during the late war, reviewed, 5.
laws passed in 1815 for increasing the, 12.
from what sources derived, and the amount in 1815, 12, 23, 30.
received from all sources, from 1st Jan., 1812, to 30th Sept., 1815,
16, 30.
laws relating to the several branches of, reviewed, 8, 34.
laws, modifications of, proposed, 36, 38, Mo.
http://fraser.stlouisfed.org/
plan for improving the, 38.
Federal Reserve Bank of St. Louis
534
INDEX.
Revenuej amount of. in 1814-15-16, 73, 88, 96, 110, 144.
1817, 89, 96, 110, 117, 144, 167,
1818, 111, 144, 150, 167, 198.
1819, 145, 155, 167: 184, 198.
an augmentation of the, recommended, 149, 204, 223.
amount of; in 1820, 167, 184, 198, 210.
1821, 199, 217, 226, 232.
1822, 218, 237, 254, 260.
1823,' 247, 266, 276, 286 to 292.
from 1st Jan. 1817, to 1st Jan. 1825, 284.
in 1824, 276, 299, 312, 328, 3.30.
1825, 313, 335 to 337, 354, 368 to 370, 476.
1826, 377, 392, 413 to 416, 432 to 438.
1827, 393, 422 to 424. 448, 451, 457 to 460.
from 1821 to 1828, 442, 448.
how affected by the issue of Treasury notes, 496.—See Merchandise.
Revolutionary claims paid under act of 15th May, 1828. 466.
Rice, amount of, exported in 1825-6. 361.
S.
Salt duty, ceases in 1816, 9, 34.
a continuation of the, recommended, 36.
Silk, observations on the culture and manufacture of, 364.
Sinking fund, operations of the, to 30th September, 1815, 20.
rise and progress of the, 21, 39.
further powers necessary to the, 40, 77, ^
statement of the, in 1816, 83.
stock purchased by the, in 1817, 106 to 109.
1818,124.
1819, 164.
1826, 358, 382.
7 per cent, stock, to be purchased by the. 252.
operations of the, from January, 1818, to January, 1829, 440.
Slaves, <fcc., amount received from Great^ Britain for. 393, 460.
amount'paid, 461, 466, 472, .473.
Specie, effects of the suspension of the payment of, by banks, on the fiscal
.operations of Government, 12, 24, 40, 114.
payment-of, resumed by banks, 114, 490.
amount possessed by banks, and in circulation in 1819, 482.
causes of the suspension of the payment of, by banks, 484, 490.
an article of commerce, 494.
Spirits distilled in the United States, duties on, to be modified, 36,178.
importation of, to be prohibited, 178.
quantity imported.—See Merchandise.
Stamp duties, cease in 1816, 35.
a continuation of the, recommended, 36.
Subscription to the Bank of the United States, 90.
Sugarj quantity imported.—See Merchandise.
refined, duties on, cease in 1816, 35.
a continuation of the duties on, recommended, 36.
INDEX.
535
Surplus fund, unexpended balances carried to the, in 1815, 29.
amount applied to the payment of the public debt since
January, 1817, 441.
Surplus revenues may be applied to internal improvements, 81, 252.
Tariff of duties on imports, a modification of the, proposed for the better
protection of domestic manufactures, 149.
a revision of the, recommended, 204, 223, 252.
325, 397,
present compared with former, 304,
of 1828, effect of, on the revenue, 445.
'Taxes, a view of the several descriptions of, in 1815.12.—See Direct taxes.
also. Internal duties.
Teas imported, a reduction of the duties on, recommended, 325, 409, 445.
—See Merchandise.
Tobacco exported in 1824-5-6, 361.
Tonnage, amount of American and foreign, 111 1814, 65.
1815, 82, 95,150.
1816, 95, 150.
1817, 116, 150, 179.
1818, 150, 179. 205,
1819, 179, 205.'
1820, 205.
1821, 225.
1822, 253.
1823, 285.
1824, 352.
1825, 367,
1826, 438.
1827, 456.
1828, 443.
Treasury notes authorized to.be issued! in 1815, 13.
amount received from, in 1812-13-14, 15.
issued prior to February, 1815, and outstanding, IS,
may be funded, 19.
for what purposes issued in 1815, 26.
amount received from, in 1815, 31.
re-issued prior to October, 1815, 52.
estimated amount of, unpaid in 1816, 64.
issued, 92.
funded and outstanding in 1817, 104.
1818, 112, 125.
stock issued on, to 31st December, 1817, 121.
outstanding in December, 1819, 165, 187,
October, 1820, 189.
November, 1821, 215.
October, 1822. 246.
1823, 275.
1824, 310, 345,
536
INDEX.
Treasury notes outstanding in October, 1825, 316.
1826, 387.
1827, 431.
1828, 474.
constituted an essential part of the circulating medium in
the Eastern States in 1815-16, 490.
expediency of issuing^ as a relief from the general • pecuniary distress (in 1820) considered, 496.
W,
Wines, a reduction of the duties on, recommended, 409.—See Merchandise;
Woollen fabrics, further protection necessary for manufacturers of, 149,400.
Y
Yazoo claimants, statement of, awards' in favor of the, 126, 166, 190, 216,
246, 275, 311, 345, 387, 431, 474.
@FedFRASER