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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
276 .
.
REPORTS' OF' T H B
. '
[1824
:•- • R E P O R t ON T H E FINANCES.- •;
-^^ \
-DECEMEER, 1824 ,
'
•
"'
In obedience to the directions of the "Act supplementary to $he act JO
establish the Treasiiry Department,".the. Secretary of the/Treasury respectfully s.ubmits the following, report.
/
. . .
•
;
I. O F T H E PUBLIC, REVENUE AND EXPENDITURES FOR T H E Y E A R S
1823-
•
•.
,
•
.• ... ,AND,1824. •
' . ' . , . • .
The nett revenue whi.ch accrued from duties on imports and tonnage during the year 1823 amounted (see statement-A) to
.. - ,|17,008,57() SO
The actaal receipts into the Treasury duiing the year
.1823 amounted to
.
.' . $20,540,666 26
viz.^
• , •:
' ^
:
• '
•
_
'
Customs (statement Ay
-$19,088,433 44
'. Public lands (statement D ) ' ' -.
'916,523,10
Dividends on stock in the Bank of the
United States (statement E).
- ^ 350,000 00 .
Arrears of internal duties and direct jax,
.
and incidental receipts 131,951 69
Repayments of advances made in the
^
\
War Department for services or.supplies ^
prior to 1st July, i816~ " ^
53,758 03
'
"
.
;
'
rBIaking, with the balancej'n the Treasury on the 1st
January,..'1823, of
. ;,-. ^
. /
- ~
- .4,237,427 55
' . . A n aggregate of . . . . .
., 24,778,09381
The actual expenditures during the year 1823, amounted /
(see statement F) to
,- 15,314,17100.
;••
Y i ^ .
•••-.;•'•;
.'•
: . • . , . • •
-
'
'•
"vV-
'
•
;
'•
^
.
':^:
''•• ^
r
Civil, diplomatic, and miscelianeous - $2,022,093'99" •.' • • -';
Military service; including'fortifications,
. : ~
'' .
ordmrnce, Indian departnient, revolutiona°
_
' "
ry and military pensions, arming_the militia, and arrearages prior to • 1st January,
^
1817 . -•
• -:- ' : -. -. • •• - •'5,258,294 •.77--f;;' : ' ' ; • , ^
Naval service, including the gradual in'
crease of' the navy
;^
• - - 2,503,765 83
^
pablic debt- 3
-,v
- 5,53d,016 41 .
lieaving a-balance in the Treasury on Ist January, —-^—
'——•
1824, of \ '':v 9,463,^22 81
The actual receipts into the Treasury during the first- ; .
three quarters o f t h e year 1824 are estimated to have
•\ ^
amounted to
/ :^.
$19,630,893 96 . '
:iS24.]
SECRETARY O F T H E . TREASURY.
^77
Yiz.
/
•
Customs .
- $13,372,268 80 . , . \
Public lands (statement ,
.
•G)
- • ; - • 768,805 "lO ^.
"/, '
Dividends on stock in the
'
^ '
.^
Bank ofthe, United St.ates. 350,000 00 '
Arrears of internal duties '
.'
and direct tax, and incidental
. .^
receipts (statement H)
-' . 97,321'37
Repayments of advances
-• '
made in the War Depart- •'
,
•
ment, for services or supplies
'
• .. "
prior to 1st July, 1816 - -. " :42,498/69
\ .
Loan under act of 24th, ^
.
May,^1824, for paying the
.^
" awards under the Florida
. • • . . . .
treaty
•:
- . 5,000,000 00
' And the actuai receipts into the Treasury .during the fourth qnarter of the.year, including the moiety of the- loan >of five millions,
authorized, tiy the act of 26th May, 1824, for
paying the 6 per cent, stock of 1812, are estimated at • . - . ' - .'
- .; • . - '
'$7,350,000 CO
Making the total estimated, receipts, into the Treasury
duringtheyear 1824 '' ••
* -$26,980,893 96
And, with the balance in the Treasury on the 1st Janu^ '
ary, 1824, forming an aggregateof
'- - - , -. - .36,444,816 77
The expenditures during the first thrfee
'
..
quarters ofthe year 1824 are estimated to ,
::
•• ' ; /
have amounted (statement I) t o - . $21,563,702 73
.
Y.iz.
.
Civil, diplomatic, and mis- '
'
- "
oo.laneous- $1,792,456 00'^ "'.
••
>
Military service, includ' :
' )
ing fortifications, ordnance, ^ -^ '
~ .
J
. '
Indian department, revolu- '
^
^ ." ^
'
tionary and military pen, .
'
, . . '
/
sions, arming the militia,.
/
'. ' ^.
' '
and arrearages prior to 1st
. .. '
January, 1817
-,
4,548,374 49
Naval service, including'
' ,
the gradual increase of the
.
•
navy
/ "-. . 2,1.72,671 3 4 . Awards under the Flori- > ,
-. da treatv r
- V"5,^7'l. 99
• .Publicdebt
;- 8,274,528 91
And the expenditures during the fourth
. /
quarter are estimated..at . , -.v .
-10,374,445 13
.278.
'
,
..^ • . R E P O R T S OF. T H E ;
•
Yiz-.
•
Civil, diplomatic, and miscellaneous
- $580,870 11
Military service, including fortifications, ordnance,
Indian department, revolutionary and military pen^
.
sions, arming the militia,
and arrearages prior to ist
January, 1817
- . 765,346 35
Naval service, including .
the gradual increase of the ^.
navy. — - ' " - • . - ' 734,343'82'
Public d e k ;
-'
- 8,293,884 ^85
..
[1824.
•
-
,, .
'
' . ;
^
•
- •
,
.
.
-
'
'
...
•
•
.^
• ~ . '
, "
' ^
• ' . . .
.
Making the total estimated expenditure of theyear 1824, $31,938,147 86
A nd.leaving in the Treasury on thei 1st January, 1825,
an estimated balance of ' - $4j506,668 90
it is to be Qbserved, however, that this balance is not to be considered as
subject to appropriations • as there is about an equal, amount of unsatisfied
appropriations, which, though not called for inthe year 1824, are necessary
for the objects for which they were severally made, and which are,^ there-.
fore, an existing charge upon the. means of the Treasury.
;
. \
II. OF T H E PUBLIC D E B T .
>
•The funded debt which was contracted before the year 1812, and~which
was unredeemed on ithe 1st-October, 1823, amounted (statement No. 1.)
to ^- '• ; - . . ^
' - ••
; .
-$16,597,318 58
And that which.was-contracted subsequently to the 1st
January, 1812, and was unredeemed on the 1st October,
1823, amountedv(statement No. 2) to.
- 73,854,545 45
Making the total amount of funded-debt unredeemed on
the 1st October, 1823 . -.
- 90,451,864 03
' Inthe fourth quarter of that year, there was added, in
Treasury note 6 per cent, stock ' - > ^ ^ 716 7^'
Making an aggregate of
- /
-'
- 90,452,580 78
- And there wa? paid, in^the reimbursemeiit of deferred 6
^
per cent, stock , -,
274,565 88
Reducing the funded debt on the 1st January, 1824,
(statement No. 2) to , . - 90,178,014 90
; From that day to the 1st Oetober -last, there was added
in 4^ per cent, stock, under the act of May, 1824 •'
5,000,000 00
Making an aggregate of ^
- ; • .. During the same period there was paid
the residue of the deferred 6 per cent.(stock '$357,546 26
And in piucgasiiigNtheT'pier cent, stock 4,-123,397 10
Digitized for Making
FRASER together
-
-
-
-
-
95,178,014 90
4,480; 943 36
1824.]
SECRETARY OF T H E TREASURY.
.
279
And reducing the funded debt on the 1st October, 1824,
..
(statement No. 3,) to
- . '; .."-$90,697,071 :M
In the fourth. q;u arter of the" year, it is. estimated there' •
^ ^
will be added, in 44- per cent, s.tock, under the act of 26th /
,.
May, 1824
.^ - ; . ; \ ..
. •2,500,000 00
' Making an aggregateof- : - /" And during the same period, it is.estimated there will.be .paid, for the redemp- ,
tion of the residue ofthe 7 "per. cent, stock $4,483-,093 17
And ofthe exchanged six per cent, stock 2,66.8,974 99
- ' '^ Makino; too:ether- -
; -
-
.,. .-
..--
93,197,07154
/,
' .^
7.152,068 16
^ Which will reduce-.Hie-funded debt unredeemed, on the
1st January, 1825,-(including $7,000,000^ five per cent,
stock, subscription to the Bank of the United States, for; .
,, .
which thestock of the bank held by the Government is con^
sidered an equivalent,) to - ' - . .. -. . .-^ $86,045,003 38^
- The amount of Treasury notes outstanding^ on the 1st
October, 1824, is estimated (statement No. '4) at ,-
'. $19,756; 00
And the amount of Mississippi stock unredeemed o;n.that
day, including awards notapplied for, (statement No.. 5,)
'at .
• .." '
-^;,
- -^ .- '
.- ' ••.•-.
-.
_$14,016 53
By the preceding exhibition of the fiscal operations of the year, it will be
. perceived that, if the expectations formed respecting the fourth, quarter
should be reahzed, the receipts will have exceeded the estiniate presented.at
the last session of Congress t y about 800,000 dollars. - The only failure has
been in the proceeds of the public lands; and that has been the result of a
.disappointment in regard to the relinquished lands.; gr,ea;t portions of which
were supposed to offer strong inducements to purchasers,, in their fertility
and situation, and other circumstances. But not only has the quantity sold
been lessthan was anticipated, but, ovvingit is believed in a great measure
to combinations of capitalists, by which actual settlers were deterred from
competition, the price has not,'with few exceptions, exceeded the mininium
price fixed by law. It is to be- observed, howQver, that the actual receipts ~
from that source of revenue, during the present year, will exceedthose of the
preceding year; and it is estimated tha,t those .for the ensuing year will not"
be less.
'
'
•. / .
The gross ampunt of duties on imports and tonnage, which accrued from
the 1st January to the 30th September last, inclusive, is estimated at
19,000,000 doilars; and. tnat of the whole. year at -22,500,000 dollars. . Of
this sum, that portion which accrued iii the first half of the year, exceeds
by about 630,000 dollars, and that in thethree* quar ters, by about 1,200,000'
dollars, the portions vvhich accrued in tlie correspdndin'g quarters of the pre-,
ceding year.. . ' .
.
. •: ^. • - :•; . '•
The debentures issued during the first three quarters of the .present year
amounted to $2,952,000, which is less by $460,000 than, the amount
issued during the corresponding period of,the preceding year; and the
280
REPORTS OF T H E .
., .[1824.
amountof debentures outstanding oh the 30.th September last, and charge:able upon the revenue of 1825," was-1,004,00.0 dollars, which is less, by
401,000'dollars, than Avas, on the same day in; 1823, chargeable upon the
reyenue of 1824.'^
, '•
'
'
^-: The amount of bonds in suit on the 30th September last was 2,909,000
'' doilars, w.hich is 92,000 dollars raore than was in suit on the same day of
the .preceding year. •
"
. ^ "
Deducting from the whole amount of duties outstanding on bonds and
otherwise, oil the 80th September" last, the debentures a(3tually chargeable
upon them, and the bond? in suit, it is estimated thatthe sum payable after
the expiration of the present year will be abput 12,200,000 dollars. ^ This
amount,'however, is subject to debentures \vhich may stillbe issued; but as
an allowance has already been made for those which are now cha.rgeable,
upon it,'no considerable deduction on thataccountisto be expected. A.portion of the amount, also, is not payeible until 1826; but the residue, together
with so much of the- duties accruing in the fourth quarter ofthe present,
and in the whole ofthe next year, as may be receivedduring thatyear, will,
after deducting the-expenses of collection, constitute the receipts from-the
customs during the 37ear 1825. ~
.
. ~
• -The productiveness ofthe customs, however, depends upon the state of
the fbreign commerce qf the nation. It is estimated that, in the year ending
pn the.'30th September last,, the value of domestic-arti.cles exported was
$49,684,710; which exceeded by $2;529,302 thft amounts exported in the
preceding year: and that the value of foreign articles exported was 25,248,782
dollars; which was less by.$2,294,840 than the amouiit exported in the pre. ceding'year. , The value of imports during the sarne period is estimated
, at' $78,516,183; which exceeds the, imports of the preceding year by
$936,916. ;•
,
•
. • •
•'.''.
For three^ years past, the average annual value' of imports has. been
79,778,997 dollars; that of foreign .ariicles exported, 25,026,201 dollars: and
that.of domestic articles exported, 48,904.732 dollars. The littlefluctuation
which has taken place in these.yearSj and the improvement in thelast 3^ear,
may be regarded as-indications that the commerce ofthe country is tending
to a regular and soundstate. If no extraordinary events should occur to
interrupt it, it is reasonable to infer that there will be no material or unfavorable change in the ensuing year.
. . . , . '
. For the two years ending on the, 31st December, 1823, the average annual
gross amt)unt of duties on imports was $23,227,835. This sum, upon the
annual average, value of the whole importations,forthe three years ending
on the 30th September, 1824, was 29.12 per cent,; and upon the average
amount of importations, -after deducting the exports of fbreign articles, it was
42.42 per cent. For the same two years the average annual nett amount
of duties,'including tonnage, (fcc. was $18,758,931; and, fbr the reasons.already stated, it may be presuiPxC'd that, independent of any influence which
the.new'tariff" may have upon the revenue, the amount which will be received info the Treasury from customs, duringthe year 182.5, willbe about equal
to that sum. ;
. '.
_ 'The bperation ofthe new tariff' upon the revenue cannot now be correctly
estimated. On one'important branch of imports—those from beyond the
Cape of Good Hope-T-its provisions \yill not take effect until 1st .January
next. As it is only since the 1st .July last, that it has been in operation in
regard to bth^r importations, .and as the collectors are allowed by law three
1824.].
.SECRETARY OF THE. TREASURY.
. 281
months for rendering their accounts, the addition caused by the new tariff
cannot, even for.that portion of the imports, and for. one quarter of the
year, be stated with'perfect accuracy. It is believed, howeverj that'the in• vestigation which has been made, with a view to that object affords data
for; estimating its effects v/ith sufficient, exactness for the present purpose.
It has been found that, upon the whole importations, (estimating theiir
value at the rates adopted in forming the statistical report,) in the three
quarters of the year ending on fhe 30th.of June,.1824, the gross ambunt of
duties was 27.45. per' cent; and that,, if the rates of thepresent tariff had
been applied to the same importations, the duties would have amounted to
30.30 per cent.; which is e.qualto an increase, upon the amount of duties,
of 10.39 per cent. (K.) vlt also appears that, in eight of the principal ports
ofthe ITnited States, the rate of duties upori the whole amount of importations, during the third quarter of the year .1823, was '28.36 per .cent., and
during' the corresponding quarter of 1824 it was 30.98 per cent: (Statement ~L.) But it is to'be observed that, in the third quarter of 1824,/.the
. importations, frorh beyond the Cape pf Good Hope were not subjected to the
increased rates ofthe new tariff". These, it.is estimated, would have made
the rate of duties in that quarter 31.40 per cent., which is equal to an increase of,the amount of duties-of'7.57 per, cent. - The new tariff may, perhaps, have some effect upon the importation of those articles: which payhigh rates of duty, and for which articles'of a low^r rate 'may he substitured. But as the value of the imports depends more upon the ability ofthe
importing country to pay, than upon the amount of duty levied upon, the
articles imported, it is not probable that, under the present circumstaiices
ofthe commerce of the United States, there will be any diminution in the
aggregate. Upon the whole, therefore, it is. believed that the revenue derived front impo.rts will be increased by the operation of the new tariff, in
a ratio nearly equal to.that in which it is estimated to have been increased
during the third quarter of the present year, in the ports above mentioned,
or about 7^-per cent. This increase, however, will produce less'augmentation in the actual receipts into the Treasury during the year 1825 thanthe subsequent years.
'
'
.
. .
' ;
With these-views of the subject, the receipts into the' Treasury during
the year 1825 are estimated'as follows:
".
Customs
.- $20,000,000^00 •
Lands
- ' 1,000,000 00 '
- •
Bank dividends
.
. . • 350,0,00 00.^
Miscellaneous and incidental ^.150,000 00
"
Making together
./2I,500,0d0 00
And the residue of lhe .loan authorized' .
'
by the act of the'26th May last
, 2,450,000 00
. ;
-,•
Forming.aa aggregate (Of
' -$23.950,000 00.
The expenditures of the year are-estimated as follows: "
Civil, diplomatic, and miscellaneous , - ' $1,685,026 76
Military service, including fortifications, .
/,
ordnance, Indian department, revolutionary and military pensions, arming the mi-.
'
;
litia, and arrearages prior to 1st January,
1817.
- .
5,013,283 60
282
REPO-RTS OF T H E ;
"
'•
Naval; service, including the gradual in.crease ofthe navy
.- $3,0.44;789.31
Public debt,. including a payment of
,.
"
$7,654,570 93 ofprincipal - /
11,962,063 97
Making'together -
-
-
- /
[1824.
'
.\
.-•
: . ;
$21,705,163.64
Which, will leave'in,the/rreasury, on the 1st of January,
1826, after satisfying all the demands of the year 1825, a
^surplus estimated at
- .
-.
: .
-- •$2,24"4,836, 36
Oh the 1st January, 1826, a large arnount of disbt incurred by the late
war, viz: ^lOjOOOpOO of the 6 per cent, stock of the year 1813, willbe
redeemable. As it is not probal)le that the surplus means ofthe year 1826
will more than equal.the amountof the smking fund for that year, oiily
$7,000,000 of that stock can.be discharged out o'f the ordinary revenueof
the year. On the 1st January, 1827, th,6 six per cent, of 1814, (another portion of the war debt, amounting to $13,000,000,) will become redeemable;
' and in that year., also, it is probable that not more than $7,000,000 of the
principal^can be discharged. There will then resmain, in those two years
$18,000,000,. which cannot be paid oiit of the revenue of those years. In
1828, the amount of the principal redeemable will probably not exceed the
means ofthe Treasury. In the years 1829 and 1830, no part.of the publie
debt, is redeemabre;and in 1831. less than\$l9,0b0. Policy would seem
to suggest, with a view both to the convenience of the^ Government and the
advahtage of the community, that the excess of debt, which cannot be
.discharged in 1826. and 1827, should be thrown, in equal portions,,upon
these .years, ih which nothing is payable. "For the present, however,, it
'may be sufficient to confine such an arrangement to the excess ofthe year
1826. , From the state .of the nioney market, ahd the high credit of the
Government, no doubt is entertahied that^.the'$12,000,000 required to provide for the excess of debt on the 1st of January, 1826, may be borrowed
at five per cent., reimbursable in 1829 and 1830 ; and, if such an arrangeis approved, it is respectfully proposed that authority be given hy lavv for
that purpose..
: .
-,
The same object might, perhaps,^be accomplished by an exchange of the
stock redeemable on the 1st January, 1826, for a five per cent, stock redeemable in 1829'and 1830. .But ^it is believed that better"terms may be
obtained by a loan.' A proposal for a loan invites competition from all the
moneyed capitalists, including .the Bank of the United States; Avhereas an
exchange of stock confines the demand for the new stock to the holders of
the old stock, who constitute not only a small portion of the capitalists, but
a portion interested in preventing, the accomphshment of the exchange.
Moreover, the experience of the Government, (3uring the last two years,
justifies the preference for a loan. In 1822, alaw was passed authorizing
an exchange of $26,000^000 of the seven per cerit. and of the six per cents,
of the years 181.2-'i3T-'14 and '15, for a five per cent, stock, redeemable in
the years 1830-'31-'32 and '33; andonly;$56,704 77 were exchanged: and,
under the act of the last session, authorizing an exchange of $15,000,000
ofthe six per cent, of 1813, only $3,308.30.7"45 were exdianged.
Should the suggestion herein offered be adopted for disposing''of the
xcess of debt redeemable in 1826 and 1827, the amount of public debt
edeemable in each year will be as follows:
1824.]
SECRETARY O F ' T H E TREASURY.
In;1825
1826
1827
.1828
; . 1829
1830
1831
' 283
$7,654,"570 93 of 6 per cent. .
- - ' 7^002,356 62
do.
'
• 7,001,437^63
do.
,
-.
. - •
9,490,099 10
do.
- ^
6,000,000 00 proposed to be at 5 per cent.
6,000,000 00 > thesame.
- '
6,018,901 59
the same.'
'
,
i ofwhich $1,018,900 72 are at
1832
.~
6,018,900 72 ^ ; 5 per cent, and $5,0.00^000 at
.( 4^ per cent.
TQoo
a ix^o ncc 01 \ ^tl at 4^^ pfer ceut. except
.1833
.6,673,0.5.31
$18;901 59, at 5 per cent '
1834 ,
1,654,153 73 at 4i-per cent. V '
. 1835.
' ^ ^
4,735,296 30 at 5 per cent.
This includes all the pubhc debt of the United States, except $7,000,000
of 5 per cent, stock, s,ubscribed'to the. capital of the Baiik of the United
Stat.is, and $13,296,231 45 of 3 per cents, both qf which are payable at'
the pleasure of the Government. As, under the foregoing view of the
debt, all that will be redeemable after the year 1828. will be at an,interest'
of 5 per cent., or less; and as the 5 per cent, stock subscribed to the bank
is reimbursable in such portions as the Government may please, any surpluses >v.hich may remain in 1,829, and.subsequent'years, eifter discharging
•the debt redeemable, and proposed to be made redeemable in those years, ,
; may be applied to the payment of,that'Stock. Or, if if be deemed advisable
to reserve any such surpluses for other objects', there is no doubt that a sum
sufficient to'pay off that stock may be obtained at 4|. per cent., pr even at
, a lower rate of interest, reimbursable in 1834, in whicli year it will be perceiv^ed only a small sum is. redeeniable.
' '
Accordiug to this exhibition of the.subject, reckoning the principal and
interest of the public debt, until its extinction, at about $111,000,000, independent ofthe stock'subscribedto the.bank, which may always be considered as offset by the Government shares in the bank, it willbe perceived
that, by allowing $10,000,000 annually, with an. additional $1,000,000 in
the first year, the whole public'debt of the United,States will be extinguished by the end'of the year 1835.
,
,
. •.
In speaking ofthe publicdebt, it may be proper to notice the ^reduction
that has been effected during the last eight years, both in the amountof principal and rate of interest. On the 1st January, 1817. the.whofe debt ofthe
United States was. $123,491,965 16, of which $115,257,805 48 .yvas
funded, bearing an average interest of 5.56^ per cent, per annum.' On the
1st of January next, the-whole debt w i l l b e $86;045,003 18, bearing an .
average interest of 5.231, which shows a reduction of $37,446,961,98 of
•principal, and of 33-J in the average rate of interest.
It is also, deemed proper tq state, that the loan df $5,000,000^for the payment of awards under the Florida treaty, and the loan of $5,000,000 for
paying the six ppr cent, stocks of 1812, (both of which were authorized at
the last session of Congress, at 4|- per cent.,) have been taken by the Bank
of the United States at par. The means of discharging the awards under
the Florida treaty were required so soon after the authority was given to
make the loan, as not to leave time sufficient for receiving proposals from a
distance; and the offer of the bank for the whole loan at par was accepted..
For the subsequent loan, various proposals were received, amounting inthe
whole, independently of that of the bank, to $2,554,585 37, at rates varyingforbetween
Digitized
FRASER par ahd 4^ per cent, premiurn, and forming an average pre
234 ,
•'
REPORTS OF' T H E
[1824.
niium of 97|- per cent, on the whole amount offered, as appears by statement M, herewith presented\ - .
'
. ^ ..
The proposal of the bank was for, the whole sum, at par. Although the
indiYidual offers, are apparently more favorable than that of the bank;
yetj taking^into consideration thatthe Government is the proprietor of onefifth of the'capital. ofthe bahk, and that a portion of the means ofthe bank,
equal to'the amount pf the loan, would other>vise have been unemployed,
the offer of the. bank,' at par, was decidedly the most advantageous for the
Government;, being, as is explained in statement N, equal to an individual
offer at 4f per cent: preniiuni.'
^
,
That, during the progress of the redemption of the public debt, a consider.' able amount may be applied, by a judicious management of the public revenue, to otherthan the .ordinai;y objects, of .expenditure, is'apparent,, as well'
from a retrospect of what has been, done inthe last eight years, as by a comparison between the probable receipts and expenditures in subsequent years.
For the eight years commencing on the, .1st .January, 1817, the total means
ofthe Treasury, including: a balarice on hand on that day, of $22,033,599 1.9,
and the sum of $16,336,747 34, since derived from loans, may be estimated at , ' • • • - " / . . - .
- •
- $210,275,899 11
And the total, expenditure at - '
- •
- 205,769,230 20
Of this amount nearly one-half will have been applied to the paymerit of
the principal arid interest of the public debt, viz:
- $101,365,900 67
To the payment of claims under the Florida treaty - , 4,891,368 56
To the pensioners ofthe revolution ' 9,400,000 00
To the erection of fortifications ; ' - - . , . - . '
4,,200,000 00
To the increase of the navy - .
- ' 6,000,000-00
- And to the payment of demands aris..
• ,.
•
.>
ing-out.of the late war, not less than
—.
- ^ 4 , 5 0 0 , 0 0 0 00
:, Leaving fbr all other objects of expenditure, including the civil list, intercpurse with fbreign nations,, army and.navy, pensions, arming the rnilitia,
building of hght-houses, ^extinctipn of Indian titles, and surveying of pubhc
lands, &c. &c., $75,400,000,; ^ which sum, divided among the eight years,
'isabout $9,425,000 peraunum. .
^ It whi.be perceived th^t,.excl,uding'the loans, the annual average receipts
in. those years may be estimated at $21,700,000; and, upon the data already shown,^ the annual revenue, in subsequent years, may be estimated.at
$21,500,000. Should no important change be made in the existing national
establishrnents, the ordinary annual experiditures, exclusive of what may
be required for the'erection of fortifications' and the increase of the navy,
may be estimated at about $18,500,000.'
' Thus, after providing for the annual deraands fbr the payment of the principai and interest ofthe public debt, and for all the ordinary expenses of the
Government, there will remain, for the next eleven years,-an annual surplus
ofabout $3,006,000, which, aftefthe extinction ofthe debt in the year 1835,
will receive an ^anmial addition ofthe $10,000,000 noAv appropriated to the
public debt;'which-surpluses may be applied to such objects conducive to the
common, deferice and general welfare of the nation as. may be within the
"constitutional powers of Congress, and as they, in their wisdom, may deem proper.
. .- All which is respectfully submitted.
.
'
\ . ,. .
.
.,
-•' YYM,H.-CRAWFORD. •
TRKASV'RY BEP-MITMENT, December 31, 1824.
..
. 7
, ,
A.
OD
S T A T E M E N T exhibiting the amount of duties which accrued on merchandise, toimage. jjassports, and clearances;
^of debentures issuedon the exportation of foreign nierchandise ; of payments for draivback/on domestic refined sugars
and domesiic distilled sptirits exported ; of bounties and aIlowa?ice^ on salted fish, and to vessels eQnploy.ed iri the fisherics ; pf2^xpense,iof cMl^^^
and of payments made into the litasury^ during the year ending on ihe S\st day of
December, 1823.
' \ . ^
. '
'
^
.\
Duties on
Year.
Merchandise.-
Tohnage.
and light
money.'
Pasisportsand
clearances.
Drawback
on domestic
refmed sugar Bounties and Gress revenue. Expenses of "Nett revenue. Payments made
into the Treacolleclion.
arid domestic allov/anccs.
sury.
.spirits.
Debentures
issued.-
•
$12,576 00 $4,552,665 70
1823 $22,376,752 25 $88,896 10
Ul
a
'$5,799 28 .^187,644 58 $17,732;il4 79 $723,54_3 99 $17,008,570 80 $19,088,433 44
•
o
•..
V
.
-
•
.
•
.
c .
••
'
-
-
•'
S T - A T E M E N T exhibiting the ainount of Am.erican and foreign tonnage employed in the foreign trade of the United
'. States duringlhe year ericling on the Slst day of Deceniber, 1823.
. .
- American tonnage in foreign trade Foreign tonnage inforeign trade
- '
. - . . , .
'
-.
-
-
-
-
.- ' .
-
Total tonnage employed in the foreign trade of theUnited States
-
Tons
: ,
-
-
:. -
-
-
-
-
Proportion of foreign tonnage tothe whole amount of tonagne employed in the. foreign trade ofthe United States-
Ul-
a
1,490,332
118,691
1,609,023
7.3 to 100
00
286
REPORTS O F T H E •
[1824.
B.
A S T A . T E M E N T exhibiting the value and quantities, respectively, of
merchandise dn lohich duties actually accrued during the year 1823,^
, .(^consisting of the difference between articles paying duty, imported, arid
those entitled to drawback, re-exported;) and, also, of the nett revenue
which accrued, that year, from duties on merchandise, tonnage, passports, and clearances.^
'-[. MERCHANDISE PAYING DUTIES'AD VALOREM.,
$931,271 at Ih percent.
13,933,703 15
do. ^
6,120,269 •20 • do.
15,467,941 . 25
do.
1,645,610 30 .. do. . ^. •
38,098,794
20.3
-.
- , . - .
•r
.= $69,845
- '. - ^
- 2,090,055
.. , - -'1,224,053
- -• - 3,866,985
- • . - 493-683
do. -average
32
45
80
25
00
'/
$7,744,622-82
-7,744,622 82
SPECIFIC DUTIES.
Wines,
1,730,105
Spirits,.
3,702,152
Molasses, 13,28,4,451
Teas,
-6,796,364
Coffee,
18,603,330
Sugar,
43,-309,475
Salt, • • 4,449,740
6: All other, articles'
gallons, av.erage 22.8
clo.
do.
^'
"1.7'
do.
.50
' do..
do.>
30.9
pounds,
do:
5.0
do.;
do.
3.2
do.
20.
bushels, at-
394, 416 25
1,655, 326..43
664 222 55
2,105, 956 63
930, 166 ,50
1,311, 004 79
889, 948 00
1,813, 750 90
cents
^do.
do.
do.
•do.
do.
do.
9,764,792 05
17,509,414 87
From which deduct dutjes refunded, after deducting therefrom duties on mer. chandise, the parliculars of which could not be ascertamed, and difierence
of calculation. / -- .
-*
-
57,011 09
17,452,403 78
Add 2^ per (-ent. retained on drawback Extra duty on merchandise imported in foreign vessels
Discriminating duty on French vessels ' - .. . Interest on bonds - . '
- . Storage received -.
r
,-
- . 126,359 15
- > 25,915 42
.7,183 58
- • ;20,86,5 18
3,714 86
184,038 19
D.uties on merchandise
Dutieson tonnage Light money
- .
Passports and .cle.arances,
- - '
, - •
- >
- M
-."
-
-
- ' - • ' , 71,857 94
, ..
.17,038-16
12,576 Op
17,636,441 97
101,472 10
17,737,914 07
Deduct drawback oil domestic refmed sugar-exported Drawback on doinestic distilled spirits exported
'
•
2,28168
3}517 60
' 5,799 28
Gross revenue Expenses of col ec' ion
J
-
Nett'revenue, per stateinent A
17,732,114 79
723,543 99
-
17,008,570 80
SECRETARY OF THE TREASURY.
1824.]
278
Explanatory Statements and Notes.
I. Wine s—Madeira ' • - .
Burgundy
- .
Sherry and St, Lucar
Lisbon, Oporto, &,c.
, Teneriffe, Fayal, &c.
Claret, in bottles
All other
-
"
•-
-' ' • • '-
68,207 gallons, at 100 eents . $68,207 00
4,058 00
100 do..
4,058 do.
5^,551 20
' 60 'do.
9,252 do.'
17,735 50
50 do.
35,471 do.
74,044 40
40 do.
185,111 do.
- 30 do. • - 21,238 50
70,795 do.
203,581 65
• • 15, do.
1,357,211 do.
394,416 25
1,730,105
2. Spirits,—Grain
*'
•• ,
- 1st proof
2d do.
.. 3d. do.
• 4th' do.
5th do.Other, 1st'and 2d do.
. ' 3d .do..
, 4th do.
;5th do.
Above 5th do.-
-
r
L -
196,138
32,928
- 40,230 .
15,955548
-431,876
1,112,062
1,870,470
"
1,315
630
82,377 96
42 ;do.
do.'
45 do. . ' 14,817 60
do.
19,310 40
, 48 do.
do.
* 8,296 60
dp..' < ;52 do.
3^^8 80
60 do.
do.
164,112 88
38 do..
do.
467,066 04
-42. do. ^
do.
'897,825 60
• 48. do.
do. ^
' 749 55
. 57 do. do.
441 00
70 do. .
do.
3,702,152
,1,655,326 43
- ' - .'
585,864 pounds, at •12cents ,
3. Teai;--Bohea - •
25 do.
Souchong
1,593,114 do.
•28 do.
Hyson skin
- - 1,967,866 -do.
- s40 do.
Hyson and young hyson
, - 2,384,142 do.'
50 do. , '
Imperial'
. ^265,525 do.
Deduct exported Souchong ,
-
6,796,511
• 256
6,796,255
A:dd extra duty on teas imported
from other places than Chiiia
2,105,916 92
- -'•
/
6,.796,255
°
4. Sugai>—Brown
.White clayed -
.42,137,421
1,172,054
. -
do.
do.
.
3 do.
4 do.
' :
;
'
•
;
4,449,740
1,264,122 63
46,882 16
1,311,004 79
5,435,449 bushels, at 20 cents
985,709
^^ ^^
2,405,956 63
43,309,475
5. Salt--Imported
Exported,
^^ bushels 47,486
Bounties and allowances
reduced into bushels, at
20 cents
-938,223
68
50
48
80
50
2,106,003'96
87 04
56 do.
do.
70,303
398,278
551,002
953,656
132,-762
do.
^-
20 do.
i,087,089-80
197,141 80
889,948 00
2S8
[1824,
REPORTS OF THE
Explanatory Statements and Notes—Continued.,
6.''AIK other articles, viz:
\
•
Duck—Russia' '- [
. ' Ravens - -'
' •-•
Holland;...
, , Sheeting—brown Russia^ •
' -•.-''
white Russia '
<' - •
- ;^
Beer, ale^ and porter, in bottles ^ •
'
• j a ca.'iks' - •
- ' - Oil^,?permaceti
•• w h a l e and dther fish
. - '
olive, in casks • - -: " •
-'•".Cocoa-•-..-. - ^ . r . •
-,
Chocolate
- -; ' ' - . / ' Sugar—candy
- .
, . '
i
loaf .
- '
. -- .
. , other refmed and lump -: -^
Fruits—almonds
, .
, currants
- ,
- • ' prunes and plums
- •
• figs •
:
-''
,,-.
raisins, in jars, and Muscatel ' , other
r Candles-^AVax,or spermaceti
^• . Cheese
- "
- > .- • \
Soap
••
- : ' - •
• Tallow
- .
Spices—mace
.. - .,
-'
nutmegs
. cinnamon
. clo.ves ' ' '. peppei' -,
_ , -.
pimento -i < ,-, • .' ' cassia' - -'
- .
Tobacco, manufactured,' other tiian ,shuff and
. segars "
' -^ Snuff'
. _ ^ . ;•-.
. '
.
I.ndigo
- '"
- • . - •
-^
Cotton ' - ,
r . . -,- ';• - • ; Gtinpowder
- '
Bristles ' . Glue
- •
.
, - • ' . '
Paints—ochre, dry
•
'
in. oil
- '. -•
white-an d r e d lead
; Lead—pigi bar, and s h e e t '
- , .
manufactured into shot - ;
Cordage—tarred; and cables
-- . '
*
untarred '
- . •twine
, - , - , Copper—rods and bolts . nails and spikes
.
.
.
.
W i r e — i r o n and steel, not above No. 18
above No. 18
Iron—tacks, brads, &.c., not above 16 oz.
above 16 oz,
Nails
- •
Spikes
- .
Anchors .
.
.
.
Iron-pig
" - ' ^ castings
.
' -.
.
.
ciuantity:
Rate
.of '
d\uy.
Duties.
•V.
Cents.
>
V $ 5 7 \ 1 6 4 00
28,582' '200
•pieces
31,387 i 125
39,233 75
do.
1,533 1 250
3,832 50
do..5.966.40
'
3,729
160
do..
541 250
i ; 3 5 2 50
do. .
99,733
14,959 95
15.
gallons
12,196
.• . 1,:219 60
10
do.
6,237 00
24,948
25
do.
do. 1
•1,115 • 1 5 , - .
167 25
1,412 75
• 5,651
25
-.do. 1
o
15,751 72
pounds
. 787,586
2,086
62 58
do.
^
12
' 138 84
do. j,
^-^ 1,157
12
100 80
• do.
• 840
.57 40
do. 1
• 574 10
3
11,791 32
. do.
393,044'
4,574 28
3do.
152,476
•
3
•
do. '
. 4 , 7 0 5 17
156,839
do.- 14,577 24
485,908 1
^
do.
• 38,706 75
1,290,225
'
^
25,138 94
do.
1,256,947
• 2
150 12
"do.
• 2,502
6
do.
• 66,122" ••••9
5,950 98
3 '•
. do. . : .281,044
• 8,431 32
clo. .
_3,399 1i 1001 • 3,399 00
^do.
do'.
..
.34,865
60^.
20,919 CO
do.
^
11,834 •25
. 2,958 50
. 93,936
25
do.
23,464 00
do.
1,629,330
8 130,346 40
., do.
. 507,773 1 ^ •
30,466 38
: do.
; 277,.555
6, ^.
16,653 30
do,
' do.
do.
do.
do.
do.
do.
do.
do.
do.
doido.
do.
do.
do.
)do.
do.
do.
do.
M.
do.
pounds
do.
do.
cwt.
C'O.
' 7,085^
250
321,748
. 138,116
^ , 27,126
98,158
. 95,323
1,.503,321)
18,823
3,514,412
930,055
814,501
,
94,123
283,361.
361,.567
'27,286
10,649
450,562
244,050
23,204
625
499,5.37
54,969
133,444
49,845
18,676,
10 '
708
12
30
15
= 48,262
3 ,
.. 4 , 1 4 3
- 8
•;'v2,170
.3
; '^'^-^4
5
; - 4,766'
1
' 15-;033
282
H
" 3
105,432
• I
\ 9,300
^' "2
16,290
3
2,82.3
4
11,334
' 4
14^462
4
1,091
4
425
5
- 22,528
9
21,964
5
1,160
4
25
4
19,981
3
1,649
2
2,668
£0
24,922
^5
14,C07
50
00'
20
48
08
74
15
20>
34
36
55
02
69
44
68
44.
96
10
50
20
00
48
07
88
50
00
. J 824:]
SECRETARY OF' THE TREASURY.
•289
Explanatory Statements and Notes—Continued.
6. All other articles.
Ciuantity.
Rate of
duty.
Duties.
Cents.
s i 10,053 50
cwt.
1.50
.73,369
Iron, bar, rolled
.. 75.
519,327 75
hammered 'do. V 692,437250
89,592 50
sheet, rod, and hoop
- ^ do.'
35,^837
Ip^18,570 00
Steel do.
18,570
150
98,739 00
Hemp
. do.
65,826
.'200
-^ 2,260 00
Alum -'
. do. .
1,130
100
12,838 00
Copperas
do.
12,838 'y
5
35,951 05
Coal - - '
- bushels
719,021
100
2,057 00
Fish, dried or smoked
- quintals
• 2,.057
200
.5,290 00
salmon, pickled
r
-^ bari;els
2^645
150
145 50
mackerel,'pickled
do.
• .'' -97 •
100'
288 00
other, pickled -. do.
' 288
144 :
16,935 84
Glass, bottles, black quart
- gross
11,761
250
6,290 00^
• . 'window, not above 8by 10 - . -100 sq.ft.
2,516
275. •
3,228-50
/ 10 by. 12, do./^
1,174
325
11,696 75
above
10 by 12- do/
3j599
150
168v00
Boots -,
- . .
piJirs
112
30.
492 30
Shoes and slippers, silk
do.
lj641
25
7.34 75
' leather, men's, &c.
do.
.2,939
15
children's • • do. • . '- . _
250
36,547 50
-.•' M,.:
„ 14,619
Segars,
.30
252 30
Playing cards
'• pae'ks - •" 841'
1
5;078.21
Paints—whiting, and Paris white • - pouiids
507,821
1,814,854.75
Deduct excess of exportation.over importation, viz:
Candles, tallow. - . - at 3 cents, d4,302
Tallow
. . .
- at i cent, 5,304
Shoes, children's . - at' .5 cents, 145
$1,029 06
53 04
21 75
,
TREASURY
^-
1,103 85
1,813; 750 ,90
P^HPARTBiENT,
• Re/istefs Office, January 1, 1825. .
:, „ . /
JOSEPH N.OURSE, i?'^^i5/<?n
VOL. n.--19
IX
.to.
S T A T E M E N T of land sold] and of moneys receiixeitm account of publie lands, dmiiig {fier'ifka/r 1823v
y
Amount receivecl.
•
•
J.
~
Expeiisfe^.'
Lan'ds sdld in
1823.
Gross amount Gross amount Total amqunt' .In ci den tal ex-' Repayments
pehs;es,-incru;; -riiade to indireceived-in
of land sol(l in received in
1823, fdriand
1823. . ding-salary arid duals, lor lands
1823.
commission.
erroneously .
sold prior to 1st
Acres.
sold.
.July, 1820;
.
'
Offices;
•
-
'
^
-
•
.
'
Payments"
made into
the Trea-"
sury.
, ^'"
Marietta
.i
Zanesville ^
Steubenville
Chillicothe Cincinnati _
Wooster
_
Piqua
^
Delaware ^
Jefferson ville
Vincennes _
Brookville _
Crawfordsville
Fort Wayne
Kaskaskia Shawneetown
Edwardsville
Vandalia _.
Palestine
-.
Sangamon .Detrdit
^
;;.
i.
^
:_
_
«
..
i,
_
^
_
_
«
..
^
_ -•_
. _
-^
' ^
_,
-.
_
_ , _
_
_
«
»•
, ^
^.
...
»
»
-^
s^
«.
.
_
^
_
.4g3;-356 lO' ••^'
^1,-369 22^'
' 1,589.48
. 81,986 88^'
11,012.46-9,441 46...' ' 23,207:09 ,
13,765 63^
17,143.56
26,373-68
4,944 23
21,429 45: •
^7,394.05
1,37207 l o
3,964 61 '
9,242 4;9."
4,389.84
16,572 71 ; 22,060 01
5,487.30;
32,311 46
19,03L11 ^ 23,^788.-68.. ' ,8,522 58 ••
, 5,014 90
4,011.:90
5,014 90
75,203 65
60,1162.92
75,^03 65
- ^'
5,244.44
6,555 53
10,766 51
17,322.04
10,725.:79
26,477 87
13,422 08
13,055 79
86,619:48
108,274 51
^ 108,274 51 :
_
73,403.15
58,722:40 .
73,403 15
_
3,734>>58 ' . 9,502 00
•" 9,502 o a
_.
7i>«5vQ0
2,720 3a
1,136 25
1,584 05
],.253.63
1,736 17
3,303 22'
1,567 05
15,523.;42
11,223-. 99
14,008 19
1^515 23
'640.00
.800.00
800. 00'
_
9,880 58
7,903.87
- 9,880; 58'.
38,720.28
48,405': 14
48,405.14
149 91 -- ^37,867 1430,173.34 ^ 37,717 23•
_
..
_
" . ^ • •
^
„
^.
^
^
\.•
•
_
•
"
.#99135'^
l-,:537 61
.1,878.87
1,429 86
1,459 22
1,470 85
1,317 52
2,489 34
1,904 16
-1,888 18
3,720 07
2,815 44
1,343.69
1,350 04
1,481. 37
1,855 97
.957 47 •
1,737.69
1,12.3 52
1,993-47 •
. « 1.6-.
179 52'
•
_
•
_
400 00 '
_
- • ;
.
200.00
. _'
'
-
. _
,.-_
'
Sl,553
21,507
24,149
11,593
• 22,086
30,396
20,564
71,247
47,984
. 7,183
92,399
74,690
-
-^
O:,
00
93
48
73
04
34
02
62
17
01
21
27
^:
Ul
G
'•
8,548 39
. 1,750 18
12,321 77
•
c
24,980 oa
38,797 95
GD
Monroe
«
St. Louis
iPranklin
Cape Girardeau
Batesville
LittleRock - Ouachita
Opelousas _
New Orleans
St. Helena court-house
Washington
Jackson court-house
Choctaw district
St. Stephen's
Huntsville Cahaba
Tuscaloosa _.
Sparta
3,644.43
31,337.20
45,964.2a
3,6.57.17
1,479.12
802:44
\
720.14
\156.7i
• ' -^
".
• ' »'
_
^
. '^
2; 472
_
19^89
432 25
396 27
5,2Tl 52
.35,366 03
V8,842 17
1^>637 75
19,(ni 22
29,731^59
33,447 l i .
850,136 26
:mM
' 7_
oa
7,683 52
35,366 03
11'9,.712'42 .
18,530 99
71,755 29
29,731 69
33,4-47 11
-• 87a 25
4,893 24 .
52,684 07
_
X
653,319.20
.4,895 48
45-,003 27
68,971 4 1 .
•4,471 45
1,848-69
1,003 85
900 18
592 16
432e25
5,829 08
7,655 71 -
9;O;D' 18
4,I75>^^
26,840.98
77,298.66
10,910.26
15,082.55
23,':97.10
26,414.36
^.
4,695 48
39,174 .19
61,315 70
4,47145
l,848'-89
1,003'85
• ""
/3V564 19
. 2,649.47
1,713 62
1,067:42
1,297 78
1,.013 60
1,011 84
1,783 93
1,000 00
4,821 79
1,000 oa
2,032 80
4,4^2 99
l,95:g 68
3,308 88
1,262 08
2,516 89
•
37,188
18,112
\6
23,529
725 "48
.^
_
OD
50
64
0 -•
59
';
^16,380 11
.^
45 40
.
5,714
5,375
_
2,868
,
,83 18 . 100,260
100 65^
48,340
11 07
92,267
. 400'74
54,717
Ul
14
00
22
87
10
10
72
Q
O
148,423 0!)^
998,559 35
2,153 20
71,812 87
'^
916,523 10
- '
Total amount of moneys received in 1823
..
..
Incidental expenses, including salaries and commissions
Repayments made to individuals
_
_
'_
.
„
„
' _
' _
Nett proceeds of public lands in 1823
-
^ »
..
TREASURY DEPARTMENT/
=.
.
'-
^
#99.8,559 35
' „
S71,8-l"2'87
. 2,153 20
„
.
»
•
^
73,966 07
°
X -
-•
-
^924,593 28
General Land Ofiice, December 20, 1824
CSEO. GRAHAM,^ Commissioner.
>
Ul
a
gQ2:
REPORTS OF THE.
.iE./-
"'• ..[1824^
. ..' -^
^ . T A T E M E N T ofononeys received into the Treasury, from all sources
other than customs and public-lands, during theyear 1823^
From arrears of old internal revenue
.direct tax of 1798 - ^'
- '
liew internal revenue
. Hew direct tax
- ,
dividends on stock in fhe Bank of the UnitedStates fees on letters patent - .
postage of letters, . - ,
-: ' /
cents coined in the mint ofthe United States r ^ . • fines, penalties, and forfeitures
- '
retui'ned passage inoney of American seamen
, . ' cimpunt received \5nder the act to abolish the United
States trading ebtablishments
; ^ surplus emoluments of officers ofthe custbmsn
nioneys previously advanced on account of the fourth ^
census.
^ ..
.
moneys previously advanced pn account of mihtary
pensions. > -^
.
_
.'
.r
moneys previously advanced on account of prisoners
. .ofwar . r
- . ; . .
~
balances of advances made tothe War Department,
^
"repaid under the 3d section ofthe. act ofthe 1st of
May, 1820.
- ^ \-.
',
.
$73 96
108 00
34,16R 21
10,229 71
350.000 00
4,740 OO
110 69
12,750 00
10 00
30 00
• 37,547 95
22,492 84
'- .
3,178 84
1,828 84"
4.683 65
53.758 03
. f5a5.709 72
TREASURY DEP-4RTMENX,
Register's Qffice, December 16, 182i,
\
,
JOSEPH NOfe^SE, iJcj-isier.
1824.]
293
SECRETARY OF T H E TREASURY.
•,
•
•
. '
F .
.
• •
•^STATEMENT of the expenditures of the United States for -tbe
year 1823.
;
CIVIL, MISCELLANEOUS, AND DIPLOMATIC, V I Z :
Legislature
-.
.
^
Executive departments
Officers ofthe mint
^- .
Surveying departnient . Commissioner of the Public Buildings Governments in the Territories of the
UnitedStates Judiciary
--
$339,057 22
> 473,668 91
9,600 00
15,216 66
1,500 0 0 ;
Annuities and grants - '
Mint establishment
~ ,
Unclaimed merchandise
. Light-house establishment
•Surveys of public lands
Boundary lines between Missouri and
Arkansas , - .
;Land'claims in Florida Territory
Adjustment of land claims in JVIichigan
Territory
Road from Cumberland to Ohio
Repairing road from Cumberland to Ohio
Roads within the State of Indiana
Roads and canals within the State of Missouri , ^ Marine hospital establishment Pubhc buildings in,Washington
, Apartments in the City Hall for the Circuit Court of the United States
Monument over the tomb of Elbridge
Gerry
Payment of claims for property lost
Payment of balances due to ofhcers of old
internal revenue, fcc
Payment of balances due to collectors of
new internal revenue
Prohibition of. the slave trade Encouragement of learning within the
State of Illinois
. Payment of certain certificates Purchase of the sixth volume of the Laws
of the United States; Rebuilding the public wharf, and repairing public stores at Staten island
Additional Commercial Digest Miscellaneousexpenses -
2,328
14,139
334
207,610
.135,996
. 29,518 75
190,350 11
"$1,058,911.65
14
12
59
23
98
2,000 00 '
8,292 95
500 00
.5,289-48-:
8,000 00
17,857 84;
• 4,729 14. •
44,761 13
116,200 00
10,000 00
1,000 00
ioo 00
2,02.7'•.67203 T2
2,682 08
.
5,955 82
331 34
2,200 00
13,499 00
1,000 00
64,024 55
671,063 r s
REPORTS. OF;.THE
[1824..
Diplomatic department
.$101,328 56
Contingent expenses of foreign intercourse
V 30y584 37
Missions to the independent nations on .
, ^
,;
Americaii continent
-69,520 00
Relief and, protection of American seamen
25,984 28
Treaty with Spain - ,
20,272 93
Prize causes . . . . .
12,00000Treaty of Ghent,^ (4th, 6th, and 7th articles)
13,394 00'
Treaty of Ghent, (first article)
.
10;0L4 2,0'
Treaties with Mediterranean powers 9,020 22
•
'
. .
2^220i''m
MILIT.ARY DEPARTMENT, V I Z :
Pay ofthe army '
- ^
952,944 51i
Subsistence
. ^'
271,71:2.^ 56^
Forage -. .
35,624i 71:
Clothing
, 126^833 41
Medical and hospitali department .
l8jl 75 19
Continfi^ent expenses/ 16.337 IL
'
:-^'^
Ordnance
-^,
.3.2,8:72 06:
' - . ' ''\
Quartermaster's department
. 262,707 83^Repairs and contingencies of forlifica••.-.'.
tions 28,123 31^ .
Fort Monroe «•
102,142 89:
Fort Calhoun -..
78,343! 59;
Fort Washington
32,971 93
Fort/Delaware 46.500 00> .^
'
^
Fort on Mobile Point - ; 8:li997 18
Fort on the right bank of the Mississippi.
15,675 79:
•
Fort opposite Fort St. Philip ' 23,69.7 20:^
Military Academy at West Point
1!I,1;87 62
Q.
Brigade of militia,
- .
794 56 ' Medals for officers:
.2,700 OOv
Arrearages
- .
. - . . 44,854 83:
Balances dueto cigrtairi;States 6,84:1 50^
Preservation of arms
- . 42 24
Repairing arms 418-95'
Preservation of ammuiiition
1;,796: 58
-;
Army supplies 4,495 33.
Repairs of arsenals
, 175 23:
Arming and equipping" the militia
- . . 207,956 24.
. '
Gratuities
- . .. ..
3,(:)50 77- /
Armories
. . .
344.54177
National armories on the western waters
, 3,500 0,0^
.'
Expenses of recruitiirg;'-^ , - .
r : , -9;;086. 99
.
Militiia courts-martd;aL Kew York
. 2,487 74:;
:
';
Militia courts-marti;9.1,,F^hn:syk^^^
- .
152 8#: ,
1824.]
SECRETARY O F . T H E T^R.EASURY.
295
Barracks at Baton. Rouge .- . . •#29,178-77 .
•.
Purchase of wophens for 1823
75,000 00
Road from Plattsburg to Sackett's Harbor
. 2,150:00:
- V
2,536.90 ". • Ransom of A merican. captives
" -•
• •9:4;527 ,82: . • '
The Rigolets
.. / ' . . ^
30,861; 08i'
Arsenals ' - .; \ --' 1:0-00
Maps, plans, &c., for War Office Revolutionary pensions
- ^ ^ - 1:,44:9,Q,9:7;04
Invalid and half:p.ay\ pensions
. ,3:31,49:1 4 S • •
'74,884 28
Contingencies of Indian.department
, 13.765 67
Civilization of Indians,
23,560 60;
Pay of Indian agents
11.475 29 .
Pay of SLib^agents : -.
- 11,578-27 •• ••
..
Presents to Indians
-.
23,053,37
Treaty with the Creeks . 502 58 .
Treaty with the Choctaws :.2;O0O;0.O:, ;. . - . :
Saginaw treaty
-. l:,P,pO.OO
Treaty of Chicago .- '
Purchase of Creek and^ Cherokee reserv:ar
- 34,500 00
tions
-.
. 183,074 88
:i
Annuities to Indians
~
" .
Reservation of Indian lands
9,000 0 0
•
"
Purchase of lands in Tuscarawas county,
1,000 0 0 , ^
Ohio
- .
:3,0S'4 04
Bounties and premiu.ms
- •
'4,281 00 •
Fortificatioiis
~ . 3,856 30
Repairs of Fort Jackson 369 63
Cannon, powder, shot and shells
4 19
Expenses at arsenals
39,265 81
.Relief of sundry individuals
Reliefof officers, &c. of Seminole cam41,056 47
' paign
. 5,266,957 89
From which deduct the following repayment:
Expenses of holding treaties with Indians,
per act of 20th Ajpril, 1818
8,663 12 :
15,258.294 77
NAVAL DEPARTMENT, VIZ
VIZ :
Pay of the navy . . .
Provisions Repairs of vessels - .
Navy yards, &c. Medicines Contingent
Ordnance and ordnance stores
Superintendents, &c.
Laborers and fuel for engine
Gradual increase Suppression of piracy
Prohibition of the slave trade
. .
. .
-•
-
*
904,654 43
217,260 20 :
399,174 85
82,324 73
26,161 98 ,
158.108 51 ;
7,666 61 „
40,201 75
„ 21,851 00
, 307,729 34
104,476 93
8,498 75
296•••
REPORTS OF THE-
Inclined plane docks,' (fee. Ship houses
- > Survey ofthe coast qf Florida
Survey of the coast of North Carolina
Pay and subsistence of the marine corps
Clothingof marine corps
Fuelfor marine corps ^ Military stores, marine corps
Contingencies, marine qorps
-
- .
•
-
'
$24,700
4,914
i;337
402
154,353
27,878
4,134
7,937
16^,852
0.6
11
50
00
30
15
32
80
62.
[18.34
/
•
2,520,618 94
From which deduct the following repayments;
^ '
Purchase of timber
- $100 00
Purchase of vessels from 8 to 16
guns
\
- 1,532 03
Captors of Algerine vessels
- 14,970 25
Officers and crew.of the,Hornet
250 83
16,853 11
^
—
-$2,503,765 '83
:
PUBLIC DEBT, V I Z :
^
.
-
.
,
.
.
- ' •
,
•
•
Interest and reimbursementof domestic debt
5,524,034 37
Certain parts of domestic debt
-'
504 97
Reimbursement of Mississippi stock
- , , 5,477 07
•-——
,5,530,016.41
$15,314,171 00
TREASURY-DEPARTMENT,
•,
.
.V-
Register''s Ofiice, December 16, 1824.
• "^ ^ .
JOSEPH • NOURSE,/e^^^-zVen.
G.
.
00
JO
S T A T E M E N T of lands sold, and of moneys received on accoiint of public lands, from ihe 1st January, 1824, to
the SOth June, 1824.
, .
Lands sold in. the
first two quarters
Gross amount re
ofl 824.
ceived for lands
sold in the first
two quarters of
Acres.
1824.
Offices.
Marietta
Zanesville
"- .
Steubenville Chillicothe - .
Cincinnati ... "
Wooster
.
.
Piqua
, .
Delaware
JefFersonville Vincennes
- . Brookville
Crawfordsville
•
Fort Wayne - .
Kaiskaskia
r
. .
Shawneetown
. Edwardsville
Vandalia
•
Palestine
- «
Sangamon - Detroit . ,
iVlonioe
- . ' St. Louis
Franklin
Cape Girardeau
Lngton
.
.
.
--
5,142.11
13,314.14
17,191.65
11,153.78
15,750.67
19,997.09
1,460.64
- 13,704.05
4,372.27
.6,257.03
32,728.01
20,003.97
249.22
. 802.24
800.00
2,952.01
374.00
- - 2,070.46
4,282.61
32,951.19
' - 8,703.29
8,154.54
13,011.37
10,177.03'
2,287.00
S6,513
16,730
21,788
13,942
20,026
21,992
1,825
17,130
5,465
8,161
40,912
25,004
311
1,002
1,000
3,690
~ • .467
'2,588
5,353
41,558
10,879
10,193
16,499
12,721
2,859
46
61
35
15
17
13
83
06
33
46
10
99
52
80
00
02
50
06
31
68
88
25
46
27
99
Amount received.
Expenses.
Gross amount rePayments made
ceived in the first Total amount re- Incidental expen- Repayments
two quarters of ceived in the first ses, includingsal- made to individu- into, the Treasury.
1824, for lands two quarters of aries and com- als for lands erromissions.
sold prior to 1st
1824.
neously sold..
of July,1820.
Sl,050
3,965
2,072
2,609
10,138
3,006
5864
97
77
51
72
4^655 21
2,380 52
'463 54
"166 41
^^
"ll5'68
.
1^107 37
2,409^ 93
S7,564 04
20,696 25
23,861 32
16,551 94
30,164 68
• 25,058 85
1,825 83
17,130 06,
10,120 54
10,541 98
40,912 10
. 25,004 99
311 52
1,466 34
1,000 00
3,856 43
467 50
2,588 06
5,353 31
41,674 36
10,879-88
11,300 62
18,909. 39
- 12,721 27
2,859 99
^722 90
1,11751
1,275 20
1,117 57
1,246 74
" l.,155 88
539 97
956 00
•702 40
1,097 86
1,456 05
822 33
522 48
. . 677 43
522 68
865 66
936 19
531 92
778 57
1,403,50
613 94
1,211 89
939 78 •
. 1,343 09
415 07
"S20 08
^
^7,308
23,235
22,586
15,358
160
23,046
1,258
16,-341
6,165
18,419
38,553
32
20
14
53
74
62
45
02
98
98
62
7,400 00
446 46
12,261 50
'
Ul
o
>
o
>
Ul
d
5
21,154 25
" 20,133 85
23,611 50
2,500 00
CD
.STATEMENT jG—Continued.
-Expenses.
" Amount received.
Lands sold in the
first'two quarters
Gross
amount
reof 18^.4. . Gross; aniount re- ceived in the first Total arn;o.u.nt .re- Incidental expen- Repayments
P.ay ments
ceived for lands -two quartersof
made into Ihe
sold in the first 1&24, for lands ceived in the first ses, including sal- made to individu- Treasury.
two quarters of aries and com- als for lands errotwo quarters of
neously sold.
sold prior to 1st
1824.' "•
missions.
-- Acres..
1824'."
of July, 1820.
,
Offices.
B.atesville
^ -•
Little.Rock Ouachita
- '
Opelousas ..
iSr.ew Orleans
'
St. Helena court-house"
Washington-.Jackson cour.t-house
C.hQctaw district
St. Stephen's Huhtsvilie - v
Cahaba
Tuscaloosa .Sparta
Total
^0
-:
-:
-:
--
.3.20.0.0
.
-
.
.
,
••
.4,894.4.5
-
_
•
.42,-405.21
15,-357 .'.08
^ 3,850.94
.30,1'6B.,02
7,978.:90
4,267.63.
357,160.38
•
•
•
:
t4Q0 0.0
'
37 23
•29.-79{
_
._ .
•
.
_
_
.6,118 03
_
54,959 32
19,187.46.
.4,813 74.
47,-064 85
9,973 82
5,334 53
456,507 36
Moneys received from: 1st January, 1824, to 30th June, 1824
Incidental expenses Repayments to individuals ..Nett proceeds of lands, in first two quarters of J824
" ^ •"
Amount paid into the TreasjLiry in first two quarters of 1824 ^ Amount paid into the Treasury in "third quarter of 1824 -
_.
•
§400 d o .
.
. $80 -95
,
' 11-8 .18,
_
_
_
•
10,764 75
4,646 72
.
_
_ .- •
1,043 .60:
3,215 15
.5,775 93
_y
-
•
48,965 12
^.^'*" ,
• -
54,959,32
-20,231.06
8,0.28 89:
•52,8.40 78
• 9,973.82
5,334 53
505,472 58'
.$500 00
508 00- 520 19'
^ .
5^02 3.6
50.0 00
•^ • 5.00.0.0
,2,455 4'8
50.0 QO
-.- 1,005-52
1,530,.24
'' 1,416 44
1,9^1225
886-01
728 15
,
•
36,437 25
$36,437-25
493 77
"•
-
> Total amounl paid into the Treas.ury in first three quarters of 1824-
Jfi)357,410 70
'411,394 40
-^
•S462 44
•
_ • /
'
_
11 25
__
493 77
S8,500 00
"
44,442 94
28,340 00
• .6,:84>> 61
173. 99
9,166 00
. 357,410 70
o
H •
S505,472 58
,36,931. eg
$'468,541 56
$768,, 805 10
O^R^EAsSURY DEPARTMENT, General Land Ofiice, December 20, 1824.
l/l
CD
GEO. GRAHAM, Commissioner.
•K)
1824.]
SECRETARY OF T H E TREASURY.
299:
H.
S T A T E M E N T of Qnoneys received into the Treasury frorn all sources
othe?: than customs and public lands, from the 1st of January IQ, the,
SOth September, iS24.,
/-•
'
'
Prom arrears of old.direct tax of 1798 new internal revenue
- '
- new direct;tax dividends on, stoclc in. the Bank of the United'States
fees on letters patent
' -,
cents coitied at the mint " '
,"
returned passage money of an American seaman surplus emoluments of officers, of the.customs - money received, under the act to abolish the United
States trading establishments
• balances of advances made to War Department, re-,
paid under the.3d section of the act of 1st May,
1820
- '
moneys previously advanced on account of prisoners-of,war .
:
.r
- '
moneys previous.ly adyanced on account of militarj^
. pensions:
. ,. -
$5,203 50
28,053 94
998 46:
350;()00;(JOt
4;770 00:^
5??^^'QO10 00;
31,490 56.
17j860, OQ,
42,^8'69:
' . 2,984 91
400 00.
489,820 06
loan of five millibris, at 4^ per cent., to provide/'for,
the awards urider the treaty with. Spain -, : 5,000^000! GO:
^
'$5,489;g2Q-06,
, THEASURY DEPARTMENT,
Registei^s Office,, December 16, 1824.,
. '
•
JOSEPH. N O m S E , Regi;ster.:
300'
REPORTS OF T H E '
[1824.
S T A T E M E N T of the expenditures of the United States, from the
1st of January to the SOth September, 1824.
CIVILj MISCELLANEOUS, ANI^ DIPLOMATIC.
Legislature
Executive departments Officers of the mint
Commissioner of the Public Buildings Surveying departmerit - .
Governments in the Territories of the
United States
- ' ..
Judiciary
-.
- / -
$515,388.39
358,226 46
6,910 00
1,125 00
13,520 56
,.' 22.457
160,236
-—--—
1,653
21,469
79 '
88
. -
'• •
$1,077,865 08
02
.
Annuities and.grants
~
76
Mint estahlishment,
- ,
.
Paymerit of demands for unclaimed mer784 27''
chandise
' -.
Light-house establishment
- ' , 110,397 82
87,630 00
Surveys of public lands
Boundary lines between Missouri and.
V , 1,000 00
Arkansas
- ."
- '
10,297 46'
' .^^
Land,claims in Florida Territory
706,00
-llegisters and receivers of land offices 17,000 QO :
Repairing road from Cumberland to Ohio ,
- '
.Roads within the Indian territory, from
7,920 00,
: Nashville to New Orleans
11,462 73
• ..
^N
R:oads within the State of Indiana
32,969 01
Roads within the State of Alabama
•Roads and canals within the State of Missouri ', -'
-.
3,282 79
P'ayment to Ohio of the nett proceeds of
lands sold under the 3d section of the
actof 28th February, J 823 10,206 41
Marine hospital establishment 35,445 84
Public buildings iri Washington
87,800 76
Payment of certain certificates - ,
331 10
Payment of balances to collectors of new
internal reyenue
353 73
Payment of balances to officers of old'dn. ternal revenue arid direct tax
; 530 26
Accommoda^tion of the President's household - '
839 24
Miscellarieous expenses -,
106,509 22
Paynierit of claims for property lost
\ , 20 00
Land claims in St. Helena land district 937 50
549,546 92
"
'
•
'
.
'
.
.
'
.•
1824.]
SECRETARY OF T H E TREASURY.
Diplomatic department. Contingent expenses of foreign intercourse
Missions to the independent nations on the
American continent
Relief and protection'of American seamen
TreatyofGhent,(-4th, 6th, and .7th articles)
Treaty of Ghent, (1st article)
-,
. Treaty with Spain
-.,
Claims on'Spain
-V
Treaties with,Mediterranean powers.
-
301
• ^ $56,023.95
15,664 83
/
, 28,6'69 72
23,457 36
. " 10,011 44
10,699 10
15,517 60
4,775,671 99
5,000 00
1,940,715 99
MILITARY DEPARTMENT, VIZ :
Pay of the army
- '
Subsistence
Forage Clqthing . •
Medical and hospital department - •
Contingencies
Ordnance
Quartermaster's department
Fortifications
Repairs and contingencies of fortifications
Fort Monroe
-\
Fort Calhoun
Fort Washington ,
Fort Delaware. - 4
Fort on Mobile Point^
Fort at the Rigolets
Fort Jackson, ^t Plaquemine Turn
Fort at Brenton's Point_ - .
Fort at New Utretcht Point
Repairs of Plymouth beach
Harbor of Presque.Isle,: Improving the Ohio and Mississippi rivers
Surveys, &c. of roads and canals
Relief of oflicers, &c. of Seminole campaign
Military Academy, West Point
Medals for officers
' -Arrearages
Balances due to certain States
Bounties and premiums Gratuities
Expenses of recruiting ,Armories
Arsenals
^•. Arming and equipping' the militia
National armory,.western waters Purchase of Gridley's farm
Purchase of woollens for 1825 Ransom of American captives
819,361 5 7 .
202,794 14
32,985 44
151,073 46
20,170 56
10,173 46
31,584 97
227.353 •30
• 227 70
7,956 65
• 72,077- 35
57,102 09
9,275 14
11,500 00
84,630 99
92,000 GO
54,824 17
28,500 00
5,000 00
10,000 00
1,000 00
2,736 84
16,379 00
10,355 27
9,892 31
2,215 00
23,157 4'6
. 5,510 27
21,332,95
12,176 72
6,235 70
294,357 38
.1,800 00
142,289 81
3,117 00
10,000.00
12,000 00
652 75
'302
REPORTS OF T H E
;[1824.
Maps, plans, (fee. :for War Oflice - .
' $652 75
Road, from Plattsburg to Sackett's Harbor.
1,350 00
Road from Ohio to Detroit
' 125 00
Road from Pensacola to St. Augustine. 15,000 00
Relief of sundry individuals
- , 133,600 78
Invalid and haiApay pensions
230,442 v93
Revolutionary pensions - .
., -1,266,531-23
Purchase and reservation of InHian lands
in Georgia^
, - / - - .
.
4,000 00
.Purchase of duapaw lands
. -7,000 00
•Treaty With the,Choctaws
\480 00
Treaty with the Creeks, .^
=23,000 00
Treaty with lhe Florida Indians 23,657 50
Military escort to. Florida Indians
3,500 00
Civilization of Indians. ,-,
^10,01149
Pay 'of Indian agents
'24,799 24
Pay of sub-agents ,." ..
>
10,868 33
Presents
,' \•.
15^249 95
Contingencies, Indian .department
98,353,70
Indian annuities- . ^ - .
- / 176,825 00
4,549,142 16
From which deduct the fQllowirig re-'
payment: ,
Expenses of holding treaties with Indians,
perac.tof2pth April, 1818 . $599 67
Fort opposite Fort.St..t^hilip
^ 1.68 00
767'67
1,548,374.49
NAVAL DEPARTMENT, v i z :
Pay of the navy
•Provisions " - - ^
.
Medicines
.Repairs of vessels
- ,
Ordnance and ordnance stores
Navy yards, &c.
' Pay of the navy ^afioilt •Pay of the navy shore:stations Contingent experises,>pri.or^to 1824
Contingent experises'ior 1824
Contingent expen^esyMiotiehumerated
Gradual increase.
-Inclined plane do*Gks,u&G.
Ship-houses
- .
Suppression of pii^acy
-.
Prohibition of the'jslm^ie^^tfeide
Survey of the coa.^t dfi Florida
Survey of Charlestbn^Wfor
Superint'endents,'ai^tiSc'ers,^ &c. .Laborer.s, and fuel'for^erigine
.
.
-•-^
-.,
-
$153^309 12
227,951'; 88
33,179 66
.303j608 01
;120)017.;48
, 54,528 41
®44J9(:)8/33
169,221 06
100,533 57
;]S7j826t99'
44'45
225,544 58
7,712 i 3
^ ,31,386 60
14,036 12
-:12J535^^03'.
-.855!.^67.< T2;^62v37•
i'3pl^l2.':il0 '
-. f/?,482 •'•97
1-S24.]
SECRETAEY -OF T H E TREASURY,
Rewarding officers and crews of two gigs,
under command of Lieutenant Gregory ;
Captors of Algerine. vessels
- ^^
Relief of sundry individuals
^ Pay and subsistence of marine corps,'
Clothing for the marine corps ' ' Military stores for the marine corps^
Fuel for the marine corps;
.'- • . ^Contingent fpr the marine corps .\Medicines for the marine corps • -.
- •
Barracks for the marine corps
- .
-
~ 303
, $3,000 00
56 591,619 2 6 .
.129,904 66
' 19,592 48
,. ;S,051 25
3,775 93
-5,288 41
, 450 29
5,631 81
• ,
• ' •
;
2,173,147 55
From which deduct the -follovving'repayments:
Rewarding theofficers aridicrew of the Con:stitution
•.
-. $66 63
Building barges v ^ 409 58
•476:: 21
$2,172,671 34'
PUBLIC DEBT, VIZ I
Interest, (fee.,, domestic debt
Redemption of sev^U: per cSrit. stock
Reimbursement of Mississippi stock
Principal ^ind interest of 'Freasury notes
-4,101,284
-4,170,623
2,600
^
20
94
97
00
00
— - — ' — • ^ :8,27.4,528-91
•
'
$21,g63,7Qg 73
TREASURY D E P A R T M E N T ,
Ilegistefs Ofiice, December IQ, 1824.
'
• JOSEPH N O U R S E ; ii^i^^er.
.
;
• :
• '
: - : : \ -
K
.
.-
•
-•••
- , • .
.O
C O M P A R A T I V E S T A T E M E N T , showing the actual amount of duties which acci^ued.oiv importations into the
United States, in.the thi-ee quarters of a year ending SOth June, 1824;' and the amount of duties which would have
••-' accrued on the snme importations, at such higher lYites-^as are imposed b y the act of Congress uiider date 22d May',
1824; and exhibiting the ratios which the said duties bear to said imporiaiions, under the former and present tariffs.
00
Value of im- Amount of Ratio. Value of Amountof Ratio. Totalvalue
duty
of importa-'
importa-.
portations duty thereon.
tioris paying
tions pay- thereon.
paying an
a:n ad valoing a spead valorem
rem & specific rate.
rate.
cific rate.
Total - Ratio. Value-of Totalvalue
importa" duties
of importions free tations,
thereon.
•- of duty.
li
o
^
•
^.
Dollars.
Dollars. - Pr. a. Dollars.
Dollairs.
PT.
cb.
Dollars.
^ Dollars. Po', ct.
Dollars..
Dollars. Pr,ct.
•
Actual ^ . - - '29,810,556
5,912,785
Duties which would, have
.
accrued under the pre...
'' sent tariff
; 7,322,444
Increase -
1,409,659
23.84 p.ct.
19.83 19,567,837 10,278,628 52.53 49,378,393 16,191,413 32.79 9,.608',744 58,987,137 ''21.4b
24;56
10,550;, 765 53.92
17,.873,.2Q9 36; 20
272,137
2.64pr. ct.
1,681,796
10.39 pr.ct.
30.30
Ul
o
•ffi
GO
to
.
_
•
.
,
.
•
,
,
L ,
•
•
'•
•
•
CO
to
C O M P A R A T I V E S T A T E M E N T of thevalue of vmporiations into the, ports of Boston, Salern, New York, Philadelphia, Baltimore, Norfolk, Charleston, and New Orleans, in the third quarter of the years 1823 and. 1824; and of
. the several classes and gross amount of duties accruing thereon, with the ratio of increase, or othertpise, of said importations and duties.
.
GO
g
Period?.
Valueof im- - Aniount
portations
of duty
paying an
thereon.
ad valorem
rate.
Ratio Value of im- Amount Ratio. Total \ralue of. .Total
Ratio Value of im- Total value Ratio of
of duty
portations
amount
portations
. importations
of importa- duties
thereon,.
paying a
free of duty.
thereon.
paying ad va- of duties
• tions.
specific
lorem and spe- thereon.
rate.
cific rates.
m
Kl
Dollars.
3d quarter of 1823
3d quarter of 1824
Dollars. Per ct
11,468,562 2,665,488
lO; 865 ,,578
23.25
Dollars.
Dollars. Per ct.
6,002,049 2,895,245 48.23
5,786,837
^ Dollars. Per c\
Dollars. •
Dollars.
Per ct.
o
17,470,611. 5,5609733 31.82
U6,652,415 5,970,713 35.86
2,138,446
2,623,416
19,609-057
19,275,831
• 28.36
30.98
a,
'Dollars.-
Increase Decrease .
602;984
5.26-perct.
215,212
3.59 per ct.
409,980
7.38 perct.
818,196
4.17 per cent.
484,970
22.68 per ct-.
333,226
1.70 per ct.
>
Ul
• NOTE.—It is to be observed that the amount of duties above, stated as:accriiing in the third quarter of 1824, is agreeably to the estirnates^r.endered by the
several collectors at the above ports, and is not founded on the ascertained amount of duties secured ; the returns of which are not yet receiv'ed.
O
306.
REPORTS O F ' T H E
'
'.
-•
m.
'
[18J-4
-•
S U M M A R Y S T A T E M E N T of'prbjyosats made by ihe Bank ofthe
United States ahd others for the loan of five millions of dollars, aiithorized by the act of the 26th of May, 1824.
° •
.
By the bank (upon the condition of receiving the' entire •
loan) at .par _ -'^ . ;.
... .
v : $5,000,000 00'
By indiyiduals— ,
At par .
At ^-percent, advance
Ati
,do.
'
At l^f^ . do.
At l i
do. At I J
' do.
At l |
do.
At 11
, do.
At 2
do.
.At'2.i
do'.
At 3
do.
At 4
dd.
' At4|do.
•
.
-.
.
-
.
_ .
.
.'
.
^- .. ,r
r'
:
^ - , - '
• • - • ' • ; > - ' , .. i .
• .
. .
.
_
.
-^ ' - .
^
1,004,000 00
. 50,000 00.
60.000 00
1,000,000,00
10,000 00
10,000 00
10,000 00
•
10,000 00
'
50,000 00
- .- 28,586 37
30.000 00
, 10,000 00
,. 200,000 00
" ;
\ '
.
• ^ '
. • • " 2;472,586 37
At such premium as may be fixed upon for the entire loan,
not to exceed 5 per cent.
- *
20,000 00
In stock, on as favorable terms as the loan is taken, not
exceeding 2 per cent, advance
, 30,000 00
At par, or, if the whole loan is made at an advance, at such
an advance at which it may be effected :
-32,000 00
Making an average premium of 97-^- cents per cent, on
- $2,554,586 37
-
"
.
•
' N .
_
• - ; • , "
CO
A C O M P A R A T I V E STA T E M E N T showing the advantages ofi^ered to the Goverfiment by various rates of premium,
in contracting for the loan of five millions of dollars, authorized by the act of May 26, 1824.
to
Offers by indivicluals.
Rate.
'
.
•:
1 per cent.
n
2
.2*
3
3J
4
4^
5
54
^o> do.^
do.
do.
do.
do.
do.
do.
do.
- -' .
-'
-
-
-
•
Ul
r'
6 •
do.
6^
do. -
-
7
do. -
-
-
•'
Amount of stock
issued.
Interest of half for
one year and half
for nine monihs.
Yearly interest:
S4,950,000 00
4,925,000 00
-4,900,000 00
4,875,000 00
4,850,000 00
4,825,000 00
4,800,000 00
4,775,000 00
4,7.50,000 00
4,725,000 CO
4,700,000 CO
4,675,000-00
4,650,000 CO
,^194,906 25
193,921 87
192,937 50
191,953 12
190,968.75
189,984 37
189,000 00
188,015 62
187,031 25
186,046 87
15^5,062 50
184,078 12
183,093 75
S222,750 00
221,625 00
220,500 00
.
219,375 00
218,250 00
. 217,125 00
216,000^00
214,875 00 .
213,750 00
„212,625 00
211,500 00
210,375 00
209,250 00
Interest for six years.
Sl,336,500
' . 1,329,750
1,323,000
1,316,250
1,309,500
1,302,750
1,296 ,.000
' 1,289,250
1,282,500
1,275,750
1,269,000
1/, 262,250
1,255,500
00
00
00
00
00
00
00
00
00
00
00 ,
0000
Total interest. ,
.
81,531,406
1,523,671
1,515,937
- 1,508,203
1,500,468
1,492,734
1,485,000
1,477,265
1,469,531
1,461,796
1,454,062
1,446,328
1,438,593
Total principal and
interest.'
25
87
50.
12 ^
75.
37
00
62
25
87 ,
50
12
75
•86,481,406
6,448,671
6,415,937
. 6,383,203
6,350,468
' 6,317,734
6,285,000
6,252,265
6,219,531
, 6,186,796
6,154,062
6,121,328
6,088,593
25
87
50
12
75
37
00
62
25
87
50
12
75
o
>
o
Ul
'Offerby the Bank of the United Slates.
^
Par
' -
•
-
.
.
.
-
- ^
-
Stock issued..
•Firist year's inte. rest.
Interest for six
years.
Total interest.
$5,000,000 00
^196,875 00
81,350,000 00
$1,546,875 00
Government proportion one-fifth.
Interest actually
paid.
8309,375 00 , f1,237,500 00-
Total principal
and interest.86,237,500 00
CA9
K. .B-.-=-The bank offer at par is, therefore, equal to an individual offer at the rate ofll-per cent, advance on the whole.
•
REPORTS OF T H E ;
••''
~ .
[1824.
.No.l.".
S T A T E M E N T of the'debt of the UnitedStates, October \, IS'U.
Deferred six'per cent, stock, unredeemed amount - Three per cent, stock. ' -• ' "^ Exchanged six per cent, stock
^->
Six per cent, stock of 1812 ->
-'
Do.
' do.
1813 (16 millions)
Do.
do.
1813(71 millions)
Do.
do. ' 1814 - .
Do.
do..
1815' Treasury note six per cent, stock Do.'
seven per cent, stockFive per cent, stock subscription to Baiik
Do.
of 1820 ,
. . . Do.
of 1821
. Exchanged five per cent, of 1822 - •
• '
,.
-•
• - .
.
-
-
^8632,112 14
13,296,231 45
2,668,974 99
816,597,3ia 5&
-6,187,(06
15,497,818
' 6,812,8'45
13,001,^:37
9,490,099
1,466,847
' .8,606,490
- ^ 7,000,000
' 999,099
4,735,296
56,704
>--
United States
- .
.
.
-
84
63
44
63
10
34
27
00
13
30
77
73,854,^545 4&
. ,'
90,451,864 0^
TREASURY DEPARTMENT,
.
\
.
.Register''s Office, December 23, 1824.
,•
:
'
' JOSEPH'N0UESE,i?e^z5^en
.
^ .
No. 2.
' .
. ^^ ^
S T A T E M E N T of the debt of the United States, January 1, 1824.
Deferred six per cent, stock, unredeemed amount
Three per cent, stpck ' - '
Exchanged six per cent, stock
-
'8357,546 26
13,29(3,231 45
2,668,974"99
-
Six'Sper cent, stock of 1812 Do. . ' do.
1813 (16 millions) Do. .
do. ^ 1813 (7^ millions)
Do.
do. . .1814 Do.
do. „ 1815 - . Treasury note six per cent, stock .Do.
seven per cent, stock Five per cent, stock subscription to Bank United States
' Do.
. of 1820 .
_ (
.Do.
. of 1821,
.Ekdhaiiged five per cent, of 1822 -
•
,
816,322,752 7(>
,
6,187,006 84
15,497,818 63
• 6,812,845-44
13,001,437 63
9,490,099 10
1,467,564 09
8,6G'6,490 27
7,000,000 00
999,999 13
4,735,296 30
56,704 77
-
•
73,855,262 20
\
90,178,014 90
•
TREASURY DEPARTMENT,
.
Registefs Office, December 2S,182L
^
^JOSEPH NOURSE, iJeg-i^/er.
i824.|
.-SEGRETA.RY OF T H E TREASURY.
3'09
No. 3. .•
• S T A T E M E N T of the debt of the United States, 1st October, 182.4. .
Three per cent, stock Exchanged six per cent, stock -
- $13,296,231 45
2,668,974 ()9
$15,965,206-44
Six per cent, stock of 1812
6,18.7,006 84
Six per cent, stock of 1813 (16 millions) ^15,497,818 63
Six per cent, stock of 1813 {7\ millions) •*6,812,845..44
Six per cent, stockof 1814 .
- 13,001,437 63
Six per cent, stock of 1815
- .9,490,099 10
Treasury note six per cent, stock
1,467,564 09
Treasury note seven per cent, stock
- 4,483,093 17
Five per cent, stock, (subscription to the
^ ^
Bank of the United States) - 7,000,000 .00
Five per cent, stock of 1820
^
999,999 13
Five per cent, stock of 1821
- 4,735,296 30
Exchanged five per cent, stockof 1822 56,704 77
Four and one-half per cent, stock, per act
of the 24th May, 1824
-'
- ^ 5,000,000 00
74,731,865 -10
: ..
•
TREASURY DEPARTMENT,
Am.ount '
^'
"
-
$90,697,07164.
'•
Register's Office, Deceinber 2S, 1824:.
' JOSEPH NOURSE, Register.
* Th^re has been issued, since the 1st of ©ctober last, under the act of the 26th May, 1824,
'Certificates of four and oncrhalf per cent, 'stock, in exchange for an equal amount of the s:ix
per cent, stocks :0f 1813, subscribed prior to that^day, the sum of 83,308,307 45.
-NOTE.
The amounit of the debt on the 1st October, 1823, per estimate (No. 3)
•which accorapanied the Secretary's report of the 31st,December, 1823,
was stated at -^
-•
- o - $90,451,834 24
The reimbursement of the deferred stock, to that day, inclusive, was over-estimated
' - /
.- - .
- 29 79
Amount of the debt on the 1st October, 1823, per statement
No. 1, herewith ,
. - $90,451,'864 03
Add Treasury note six per cent, stock, issued in the fourth '
.quarter of 18^3
.-,
_-,716 75
$90,452,580 78
Deduct reimbursementof deferred stock on the 31st December, 1823 - .
.
..
,
274,565 88
310
[1824.
REPORTS OF T H E
Amount of the debt on the 1st January, 1824, per statement
.-.$90,178,014.90
No, 2, herewith
Add four and one-half per cent, stock, issued under the act
of the 24th May, 1834 "
- . - - .
5,000,000 00
$95,178,014.90
.Deduct reimbursement of deferred stock
during the first three quarters of 1824And the seven per cent, stock purchased
under the act of 22d January, 1824 -
$357,546 26
4,123,397 10
4,480,943 s e
Amount of the debt on -the 1st October, 1824, as above
$90,697,071 54
stated -. Add estimated amount of four and one-half per cent, steck
proposed to be issued during the fourth quarter of ihe
2,500,000 1)0
present yearj under the act of the 26th May, 1824
. • .
, .
' , . • . $93,197,071 54
Deduct payments to be made during the same period, viz :
Por the redemption of the exchanged six
• stock
"
^
• $2,668,974 99
per cent,
Residue of the seven per cent, stock
- . 4,483,093' 17
7,1-52,068. 16
Which will reduce the debt on the 1st January, 1825, to - $86,045,003 3g •
:
.No.4:
':
•
• E S T I M A T E D amount of Treasury notes outstanding.on the 1st October, 1824.
Total arnount issued, as per No. 4, of last report
Cancelled arid repofted on by the First Auditor
Outstanding
;-
Consisting of smal: Treasury notes
Notes bearing interest
$36,680,794 00^
36,661,038 00
- -$19,756 00
$2,576'00
17,180 00
-$19,756 00
.TREASURY DEPARTMENT,
Register's Office, December 23, 1824.
•;
JOSEPH m^VRSE,'Register.
1824.]
SECRETARY'OF T H E TREASURY.
No. 5;
•
311
^'
S T - A T E M E N T of the stock issued under the actof Congress entitled
'• An act supplementary to the act for the indemnification of certain
claimants of public lands in the Mississippi Territory,'' passed on the
Sd of March, 1815. '
Amount of claims awarded, per statement NQ. 5, of last
report
. ^ ' - • , ..
.;.$4,282,151 121Whereof there was paid in for lands, per said report -^ $2,447,535 39 .
Payments at the Treasury to the 30th
September, 1823
. -$1,813,356 86
' "•
Payments, from 1st October, 1823, to 1st
'.
December, 1824 -'
• 7,242 34
.
— — — ^ — . 1,820,5.99 20
Balance 1st December, 1824, consisting of—
,,
^Certificates outstanding
13,971 93
Awards not applied for
'44 60-J '
^ .
' .
—---.—^
:'
14,016 534
$4,282,-151 121
TREASURY DEPARTMENT,
'
'
Register's Office, December 23, 1824..
' .
JOSEPH NOURSE, 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